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VOLKS

Active
Private limited company (pre-2019)founded 2015active for 11 yearsSleepstraat 99, 9000 Gent, BelgiumKBO/BCE: BE 0628.830.709
Summary

The computed 12-month bankruptcy probability of VOLKS is 13.7% (high). The 2020 annual accounts show equity of €11,262 and a net result of €7,774. Equity is growing by about 131% per year across the filed financial years. Its solvency ranks better than 70% of 1,460 sector peers (NACE 10, financial year 2020). The company has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals.

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VOLKSActive
Risk analysis ReportCompare

Overview

Activity
Artisanal bread and fresh pastry making
NACE 10712
Size
€23,265total assets 2020
Equity
€11,262
Profit
€7,774
Turnover not published (micro format)
Financial health
Bankruptcy probabilitywithin 12 months
13.7%
2020 figures too old to score
Structure
2021 accounts not filed, 1547 days past the deadline7 deeds in the Belgian Official Gazette
Signalsraises riskFigures for financial year 2020 (filed 21-09-2021)3 financial years not filed after the legal deadline; last filed accounts filed 46 days late; 3 of the last 3 lateNo registered site in the KBOSize: total assets €23,2652020 accounts filed 46 days lateneutralNo filing for yearsShow the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2020 are too old to assess current financial health.
Bankruptcy probability: High
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Financial strength, FY 2020 · tick = 2019
Strong
Solvency 73+37
equity 48.4% of total assets
Liquidity 35+27
short-term debt 51.6% · cash 9.2%
Profitability 100+52
return on assets 33.4%
Bankruptcy probability, 12 months
13.7% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 7 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.1% (3,078 companies, NACE 10, micro)
Last 24 months 11-2024: 14.0%highest value 12-2024: 14.0%● unchanged vs 11-2024highest value 01-2025: 14.0%● unchanged vs 12-2024highest value 02-2025: 14.0%● unchanged vs 01-2025highest value 03-2025: 14.0%● unchanged vs 02-2025highest value 04-2025: 14.0%● unchanged vs 03-2025highest value 05-2025: 14.0%● unchanged vs 04-2025highest value 06-2025: 13.8%▼ -0.2 percentage points vs 05-2025 07-2025: 13.8%● unchanged vs 06-2025 08-2025: 13.8%● unchanged vs 07-2025 09-2025: 13.8%● unchanged vs 08-2025 10-2025: 13.8%● unchanged vs 09-2025 11-2025: 13.8%● unchanged vs 10-2025 12-2025: 13.5%▼ -0.3 percentage points vs 11-2025lowest value 01-2026: 13.8%▲ +0.3 percentage points vs 12-2025 02-2026: 13.8%● unchanged vs 01-2026 03-2026: 13.8%● unchanged vs 02-2026 04-2026: 13.8%● unchanged vs 03-2026 05-2026: 13.8%● unchanged vs 04-2026 06-2026: 13.8%● unchanged vs 05-2026 07-2026: 13.8%● unchanged vs 06-2026 08-2026: 13.8%● unchanged vs 07-2026 09-2026: 13.7%▼ -0.1 percentage points vs 08-2026 10-2026: 13.7%● unchanged vs 09-2026
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Signals

Six signals.
raises riskneutral
raises risk · Figures for financial year 2020 (filed 21-09-2021)
NBB · annual accounts
raises risk · 3 financial years not filed after the legal deadline; last filed accounts filed 46 days late; 3 of the last 3 late
NBB · filings
raises risk · No registered site in the KBO
KBO · seat and establishments
raises risk · Size: total assets €23,265
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 3 filings
Position against the passed deadline
31-12-2021 year end31-07-2022 deadline25-10-2026 today
raises risk · 2020 accounts filed 46 days late
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 15-09-2021, 46 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 3 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
46 days late
2019
195 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 121 days after the deadline; the sector median (NACE 10) for financial year 2024 is 4 days before the deadline, and 38% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2020 · micro…
  2. Annual accounts filedfinancial year 2019 · micro…
  3. Highest result from 2018 to 2020net €7,774 ▲474%

Key points

  • Risk: 2021 accounts not fileddeadline was 31-07-2022 1547 days past the deadline View
  • Active since 2015founded 23-04-2015 11 years View
  • Total assets 20203 financial years filed €23,265 View

By topic

Financials

Financial year
2020
Total assets
€23,265
Profit
€7,774
Solvency
48.4%
Total assets▼ 28.5%
Net result
20182020
Go to Financials

Company details

Legal form
Private limited company (pre-2019)
Activity
Artisanal bread and fresh pastry makingNACE 10712
Founded
23-04-2015
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

Key facts about VOLKS

What is the company number of VOLKS?
0628.830.709. In Belgium the VAT number is the company number with BE in front: BE 0628.830.709.
Where is VOLKS based?
The registered office is at Sleepstraat 99, 9000 Gent.Company details
What does VOLKS do?
According to the KBO register, the main activity is artisanal bread and fresh pastry making (NACE 10712).
What is the legal form of VOLKS?
Private limited company (pre-2019) (BVBA).
When was VOLKS founded?
On 23-04-2015.
Is VOLKS still active?
Yes, VOLKS is an active enterprise in the KBO register.
What is the turnover of VOLKS?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is VOLKS profitable?
In financial year 2020, VOLKS made a profit of €7,774.
Where can I find the annual accounts of VOLKS?
VOLKS filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2020.

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