VOLPELINE
ActiveVOLPELINE has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €133k and a net result of €5k. Equity is growing by ~8.6% per year across the filed fiscal years. Its solvency ranks better than 25% of 27676 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
56
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability42▼-10
Solvency49▲+1
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity short (current ratio 0.27 against 0.35 in 2024; short-term debt: 18.4% and cash: 1% of total assets), and 75.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
24.1%
Return on assets
0.8%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
31 d late
2024
30 d late
2023
32 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€133k▲ 3.6%
2024 · €128k
2023: €111k
2024: €128k
2023 → 2025
Total assets
€551k▼ 2.4%
2024 · €565k
2023: €568k
2024: €565k
2023 → 2025
Net result
€5k▼ 74.4%
2024 · €18k
2023: €7k
2024: €18k
2023 → 2025
Working capital
€-74k▼ 19.8%
2024 · €-61k
2023: €-68k
2024: €-61k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€111k-€128k▲ 15.7%€133k▲ 3.6%
Operating result€26k-€49k▲ 87.6%€28k▼ 43.3%
Net result€7k-€18k▲ 167%€5k▼ 74.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 43% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €551k
Fixed assets
€524k▼ 1.4%
Current assets
€28k▼ 18.1%
Equity and liabilities €551k
Equity
€133k▲ 3.6%
Debt
€419k▼ 4.2%
The debt ratio falls from 77.3% to 75.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€46k▼
2024 · €67k
Cash flow
€23k▼
2024 · €36k
Solvency
24.1%▲
2024 · 22.7%
Current ratio
0.27▼
2024 · 0.35
Quick ratio
0.27▼
2024 · 0.35
Debt / equity
3.15▼
2024 · 3.41
ROE
3.5%▼
2024 · 14.2%
ROA
0.8%▼
2024 · 3.2%
Interest coverage
2.65▼
2024 · 3.48
Debt
€419k▼
2024 · €437k
Debt ≤ 1 year
€101k▲
2024 · €95k
Debt > 1 year
€310k▼
2024 · €332k
Income taxes
€5k▼
2024 · €11k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€565k€551k▼
Fixed assets21/28€531k€524k▼
Tangible fixed assets22/27€531k€524k▼
Land and buildings22€461k€451k▼
Plant, machinery and equipment23€66k€64k▼
Furniture and vehicles24€125€8k▲
Leasing and similar rights25€3k€2k▼
Financial fixed assets28€105€105=
Current assets29/58€34k€28k▼
Amounts receivable within one year40/41€20k€18k▼
Trade receivables40€18k€11k▼
Other amounts receivable41€3k€8k▲
Cash at bank and in hand54/58€3k€6k▲
Deferred charges and accrued income490/1€11k€4k▼
Equity and liabilities
Total equity and liabilities10/49€565k€551k▼
Equity10/15€128k€133k▲
Contributions10/11€1k€1k=
Reserves13€105k€110k▲
Distributable reserves133€105k€110k▲
Profit (loss) carried forward14€22k€22k▲
Amounts payable17/49€437k€419k▼
Amounts payable after more than one year17€332k€310k▼
Financial debts170/4€332k€310k▼
Amounts payable within one year42/48€95k€101k▲
Current portion of amounts payable after more than one year42€21k€29k▲
Financial debts43€4k€4k=
Credit institutions430/8€4k€4k=
Trade debts44€7k€4k▼
Suppliers440/4€7k€4k▼
Taxes, remuneration and social security45€3k€2k▼
Taxes450/3€3k€2k▼
Other amounts payable47/48€61k€62k▲
Accrued charges and deferred income492/3€9k€7k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€19k▲
Other operating charges640/8€4k€4k▼
Gross operating margin9900€70k€50k▼
Operating profit (loss)9901€49k€28k▼
Financial income75/76B€51€12▼
Recurring financial income75€51€12▼
Financial charges65/66B€19k€17k▼
Recurring financial charges65€19k€17k▼
Profit (loss) for the period before taxes9903€30k€10k▼
Income taxes67/77€11k€5k▼
Profit (loss) for the period9904€18k€5k▼
Profit (loss) for the period to be appropriated9905€18k€5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€39k€26k▼
Profit (loss) brought forward from the previous period14P€21k€22k▲
Transfer to equity691/2€17k€5k▼
To other reserves6921€17k€5k▼
Profit to be distributed694/7€800-
Return on contributions (dividend)694€800-
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €5k ▼74.4%
Net result drops to €5k, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
31-12
Financial
Highest result since 2023net €18k ▲167%
Operating result €49k, net result €18k, both a record.
01-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 32 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Oosterzele · 1 establishment unit since 2012
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Spoorwegwegel 19860 OosterzeleGround area
2,136 m²
Building footprint
248 m²
Volume, LiDAR
1,112 m³
Parcel 44059A0183/00G000, Flanders · tallest building 7.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Spoorwegwegel 1, 9860 Oosterzele
since 20122.206.384.170
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44059A0183/00G000 | Flanders | 2,136 m² | 1 · 248 m² | 7.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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SOLOMON
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Of 15,529 companies in sector 43990 we hold annual accounts for 7,421. 6,137 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-12-2011
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
47781Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
47990Retail trade
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:volpeline@telenet.be
Phone:0477292310