VOLITIONAL
ActiveSummary
VOLITIONAL has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €63,137 and a net result of €24,923. Its solvency ranks better than 82% of 21,074 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Equity
- €63,137
- Profit
- €24,923
Why 97raises riskFounded in 2024lowers riskSector: Computer programming, consultancy and related activities (NACE 62)Liquidity: current ratio 6.22, cash €15,093, halvedEquity €63,137 (85.0% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro): better than 85% on solvency, 55% on liquidity, 82% on profitability and 83% on growth.
The bankruptcy probability was computed on 25-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 2 accounts on average 7 days before the deadline; the sector median (NACE 62) for financial year 2024 is 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- IncorporationAppointment: BLICKEM Matthew Davis (director)…
Financials · financial year 2025, micro format
2024 to 2025, 2 financial years
The operating result falls in 2025; 2025 is 36% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: < 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €782 | €1,612 | ▲ 106% |
| Other operating charges640/8 | - | €800 | - |
| Gross operating margin9900 | €49,209 | €33,407 | ▼ 32.1% |
| Operating profit (loss)9901 | €48,427 | €30,996 | ▼ 36.0% |
| Financial income75/76B | €430 | €642 | ▲ 49.4% |
| Recurring financial income75 | €430 | €642 | ▲ 49.4% |
| Financial charges65/66B | €112 | €83 | ▼ 26.2% |
| Recurring financial charges65 | €112 | €83 | ▼ 26.2% |
| Profit (loss) for the period before taxes9903 | €48,745 | €31,555 | ▼ 35.3% |
| Income taxes67/77 | €9,998 | €6,632 | ▼ 33.7% |
| Profit (loss) for the period9904 | €38,747 | €24,923 | ▼ 35.7% |
| Profit (loss) for the period to be appropriated9905 | €38,747 | €24,923 | ▼ 35.7% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €54,655 | €74,236 | ▲ 35.8% |
| Fixed assets21/28 | €2,118 | €5,244 | ▲ 148% |
| Tangible fixed assets22/27 | €2,118 | €5,244 | ▲ 148% |
| Furniture and vehicles24 | €2,118 | €5,244 | ▲ 148% |
| Current assets29/58 | €52,537 | €68,991 | ▲ 31.3% |
| Amounts receivable after more than one year29 | - | €30,000 | - |
| Trade receivables290 | - | €30,000 | - |
| Amounts receivable within one year40/41 | €17,837 | €23,741 | ▲ 33.1% |
| Trade receivables40 | €5,445 | €11,495 | ▲ 111% |
| Other amounts receivable41 | €12,392 | €12,246 | ▼ 1.2% |
| Cash at bank and in hand54/58 | €34,700 | €15,093 | ▼ 56.5% |
| Deferred charges and accrued income490/1 | - | €158 | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €54,655 | €74,236 | ▲ 35.8% |
| Equity10/15 | €38,214 | €63,137 | ▲ 65.2% |
| Contributions10/11 | €300 | €300 | = |
| Profit (loss) carried forward14 | €37,914 | €62,837 | ▲ 65.7% |
| Amounts payable17/49 | €16,441 | €11,098 | ▼ 32.5% |
| Amounts payable within one year42/48 | €16,441 | €11,098 | ▼ 32.5% |
| Trade debts44 | €280 | €479 | ▲ 71.2% |
| Suppliers440/4 | €280 | €479 | ▲ 71.2% |
| Taxes, remuneration and social security45 | €15,328 | €10,619 | ▼ 30.7% |
| Taxes450/3 | €15,328 | €10,119 | ▼ 34.0% |
| Remuneration and social security454/9 | - | €500 | - |
| Other amounts payable47/48 | €833 | - | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €38,747 | €24,923 | ▼ 35.7% |
| + Depreciation and write-downs630 | €782 | €1,612 | ▲ 106% |
| Operating cash flow (approximation) | €39,529 | €26,535 | ▼ 32.9% |
| Investment in fixed assets (approximation) | - | -€4,738 | - |
| Change in cash | - | -€19,607 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 19-07-2026 | 2026-00309214 |
| 31-12-2024 | micro format | 30-07-2025 | 2025-00327126 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| BLICKEM Matthew Davis |
|
Owners and capital
Capital and shareholders
- BLICKEM Matthew Davis 3,000 shares (100%) · €300 in cash
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 30-01-2024 Incorporation · €300 · 3,000 shares
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
30-01
Gazette deed
IncorporationAppointment: BLICKEM Matthew Davis (director) · Founder · Founding capital6 facts ▸
- Founder, BLICKEM Matthew Davis (comparant)
- Incorporation, “VOLITIONAL” (deed in French)
- Founding capital, €300
- Bank account, “compte spécial ouvert au nom de la société en formation”, EUR (deed in French)
- Director appointment, BLICKEM Matthew Davis (director (not named in the articles))
- Pre-incorporation commitments, “takeover, engagements obligations et activités au nom et pour compte société en formation” (deed in French)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 25 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21446F0030/00A000 | Brussels | 7,406 m² | 1 · 1,655 m² | 28.5 m · 6 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Réaliser des prestations de gestions ou de management,y compris consultance pour le biais d'une ou plusieurs sociétés moyennant…” (deed in French)
14 activities (deed in French)
- Réaliser des prestations de gestions ou de management,y compris consultance pour le biais d'une ou plusieurs sociétés moyennant rémunération ;
- La consultance dans les activités d'ingénierie,de conseils techniques,de contrôle et analyses techniques;
- Toutes les activités de services et de conseils dans le secteur de l’informatique et des télécommunications.
- La conception,la création,le développement,la maintenance et l’hébergement de sites web,la création de contenus digitaux,les conseils en e-business,e-marketing,e-commerce,stratégie ainsi que la création d’applications mobiles.
- La conception,la création,le développement,la maintenance,l’achat,la vente de logiciels.
- Toutes activités dans le domaine du graphisme,du web design et de l'infographie,ainsi que la conception,le développement,la mise en place,la création,la réalisation,l'implémentation de matériel graphique,vidéo,dessin,de layouts internet,de supports de communication ou d'image de marque visuels,sonores et multimédias,par tout type de moyen.
- La conception,la réalisation et la commercialisation de campagnes publicitaires via tous médias; la conception de textes et slogans publicitaires (copywriters),d’objets publicitaires; la réalisation de concepts créatifs ; la gestion de supports de publicité; la vente,la location,la commercialisation,d’ emplacements à des fins publicitaires sur tout support ;
- La consultance dans les domaines de la gestion,administratif,communication,référencement,finance,horeca,immobilier,ressources humaines;
- Elle peut réaliser des activités de vente et d’achat de tous produits et marchandises. Elle peut également prendre part à tous commerces d’import/export;
- L'organisation et/ou le sponsoring de toute équipe,manifestation ou événement ;
- L'organisation de tous cours,formations,séminaires,conférences ou symposia,à distance ou non ;
- L’achat,la vente,l'échange,la construction,la reconstruction,la démolition,la transformation,l'exploitation,la location et la gérance de tous immeubles bâtis,meublés ou non ;
- L’achat,la vente,l'échange,la mise en valeur,le lotissement,l'exploitation,la location et l'affermage de tous immeubles non bâtis.
- La société peut se porter caution tant pour ses propres engagements que pour les engagements de tiers,entre autres donnant ses biens en hypothèque ou en gage,y compris son fonds de commerce.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- VOLITIONAL
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Sièges administratifs,agences,ateliers,dépôts et succursales,tant en Belgique qu'à l'étranger, Région de Bruxelles-Capitale” (deed in French)
Capital, shares and profit
- Share issue ruleHow and by whom new shares can be issued.
- “Apport en numéraire avec émission de nouvelles actions, organe qui procède à l’émission” (deed in French)
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor