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VOLRAM

Bankruptcy
Private limited company (pre-2019)founded 2008Sint-Pietersnieuwstraat 212, 9000 Gent, BelgiumKBO/BCE: BE 0897.513.581
Summary

The KBO register records for VOLRAM the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2016 annual accounts show equity of €33,876 and a net result of -€2,009.

Are you a creditor?

Open bankruptcy Source: KBO register

The KBO register records a bankruptcy for this company. If it owes you money, you are not paid automatically: you file your claim yourself.

The procedure

The publication of the judgment is not in our data. Court, date and curator are in RegSol: search by the enterprise number.

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors

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Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
neutral · Filed after the deadline
The financial year that closed on 31-12-2016 was due by 31-07-2017 and was filed on 29-08-2017, 29 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 · 8 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

VOLRAM was incorporated on 24 April 2008.1 Total assets rose from EUR 63,966 in 2012 to EUR 153,486 in 2016 and headcount from 1 to 1.1 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2012 and 2016

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2016, abbreviated schema

Equity
€33,876▼ 5.6%
2015 · €35,885
Total assets
€153,486▼ 17.9%
2015 · €186,846
Net result
-€2,009
2015 · €16,467
Working capital
€47,503▲ 71.9%
2015 · €27,637
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20122013201420152016
Operating result€2,145-€24,784▲ 1,056%€4,125▼ 83.4%€20,138▲ 388%€8,660▼ 57.0%
Net result-€809-€15,872-€169€16,467-€2,009
Equity€8,715-€19,588▲ 125%€19,418▼ 0.9%€35,885▲ 84.8%€33,876▼ 5.6%
Total assets€63,966-€78,094▲ 22.1%€142,498▲ 82.5%€186,846▲ 31.1%€153,486▼ 17.9%
Debt€55,251-€58,507▲ 5.9%€123,079▲ 110%€150,960▲ 22.7%€119,610▼ 20.8%
Working capital-€4,561-€5,931€11,052▲ 86.3%€27,637▲ 150%€47,503▲ 71.9%
Staff (FTE)1-1.3▲ 30.0%2.5▲ 92.3%1.3▼ 48.0%1.1▼ 15.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€10,000€0€10,000€20,000Operating result 2012: €2,145€2,145Net result 2012: -€809-€809Operating result 2013: €24,784€24,784Net result 2013: €15,872€15,872Operating result 2014: €4,125€4,125Net result 2014: -€169-€169Operating result 2015: €20,138€20,138Net result 2015: €16,467€16,467Operating result 2016: €8,660€8,660Net result 2016: -€2,009-€2,00920122013201420152016-€10,000€0€10,000€20,000Operating result 2014: €4,125€4,120Net result 2014: -€169-€169Operating result 2015: €20,138€20,100Net result 2015: €16,467€16,500Operating result 2016: €8,660€8,660Net result 2016: -€2,009-€2,010201420152016
The operating result falls in 2016; 2016 is 57% below 2015.
Balance-sheet composition
2016 in colour, 2015 as the grey bar beneath
Assets €153,486
Fixed assets €36,605 ▼ 18.3%
Current assets €116,881 ▼ 17.7%
Equity and liabilities €153,486
Equity €33,876 ▼ 5.6%
Debt €119,610 ▼ 20.8%
Debt's share of the balance-sheet total falls from 80.8% to 77.9%. Equity and debt are lower.
Key figures and ratios
2016 value · change against 2015
EBITDA
€25,409▼
2015 · €42,541
Cash flow
€14,740▼
2015 · €38,869
Current ratio
1.68▲
2015 · 1.24
Quick ratio
1.57▲
2015 · 1.19
Debt to equity
1.40▲
2015 · 0.96
ROE
-5.9%▼
2015 · 45.9%
ROA
-1.3%▼
2015 · 8.8%
Debt ≤ 1 year
€69,378▼
2015 · €114,420
Debt > 1 year
€47,331▲
2015 · €34,290
Income taxes
€10,300▲
2015 · €3,000
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2016 against 2015 · 26 lines
Balance sheet Code20152016
Assets
Total assets20/58€186,846€153,486▼
Fixed assets21/28€44,789€36,605▼
Tangible fixed assets22/27€44,607€36,423▼
Financial fixed assets28€182€182=
Current assets29/58€142,057€116,881▼
Stocks and contracts in progress3€5,508€7,988▲
Amounts receivable within one year40/41€129,113€101,211▼
Cash at bank and in hand54/58€4,194€7,245▲
Equity and liabilities
Total equity and liabilities10/49€186,846€153,486▼
Equity10/15€35,885€33,876▼
Contributions10/11€18,600€18,600=
Reserves13€1,123€1,123=
Profit (loss) carried forward14€16,162€14,153▼
Amounts payable17/49€150,960€119,610▼
Amounts payable after more than one year17€34,290€47,331▲
Amounts payable within one year42/48€114,420€69,378▼
Trade debts44€78,926€38,654▼
Income statement Code20152016
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22,402€16,749▼
Gross operating margin9900€80,342€48,256▼
Operating profit (loss)9901€20,138€8,660▼
Recurring financial income75€5,621€6,543▲
Recurring financial charges65€6,293€6,911▲
Profit (loss) for the period before taxes9903€19,467€8,291▼
Income taxes67/77€3,000€10,300▲
Profit (loss) for the period9904€16,467-€2,009▼
Profit (loss) for the period to be appropriated9905€16,467-€2,009▼
Line20122013201420152016Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20,288€9,041€25,365€22,402€16,749▼ 25.2%
Gross operating margin9900€40,425€61,246€74,810€80,342€48,256▼ 39.9%
Operating profit (loss)9901€2,145€24,784€4,125€20,138€8,660▼ 57.0%
Recurring financial income75€1,713€3,040€3,918€5,621€6,543▲ 16.4%
Recurring financial charges65€4,189€4,050€7,708€6,293€6,911▲ 9.8%
Profit (loss) for the period before taxes9903-€331€23,773€335€19,467€8,291▼ 57.4%
Income taxes67/77€478€7,901€504€3,000€10,300▲ 243%
Profit (loss) for the period9904-€809€15,872-€169€16,467-€2,009▼ 112%
Profit (loss) for the period to be appropriated9905-€809€15,872-€169€16,467-€2,009▼ 112%
Line20122013201420152016Change
Assets
Total assets20/58€63,966€78,094€142,498€186,846€153,486▼ 17.9%
Formation expenses20€165-----
Fixed assets21/28€25,761€18,389€64,084€44,789€36,605▼ 18.3%
Tangible fixed assets22/27€25,596€18,389€64,084€44,607€36,423▼ 18.3%
Financial fixed assets28---€182€182=
Current assets29/58€38,205€59,706€78,414€142,057€116,881▼ 17.7%
Stocks and contracts in progress3€6,585€7,462€1,223€5,508€7,988▲ 45.0%
Amounts receivable within one year40/41€30,203€48,237€74,430€129,113€101,211▼ 21.6%
Cash at bank and in hand54/58€1,417€2,163€123€4,194€7,245▲ 72.8%
Equity and liabilities
Total equity and liabilities10/49€63,966€78,094€142,498€186,846€153,486▼ 17.9%
Equity10/15€8,715€19,588€19,418€35,885€33,876▼ 5.6%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Reserves13-€299€299€1,123€1,123=
Profit (loss) carried forward14-€9,885€688€519€16,162€14,153▼ 12.4%
Amounts payable17/49€55,251€58,507€123,079€150,960€119,610▼ 20.8%
Amounts payable after more than one year17€10,935€3,183€54,168€34,290€47,331▲ 38.0%
Amounts payable within one year42/48€42,766€53,774€67,362€114,420€69,378▼ 39.4%
Trade debts44€12,959€14,560€28,441€78,926€38,654▼ 51.0%
Line20122013201420152016Change
Profit (loss) for the period9904-€809€15,872-€169€16,467-€2,009▼ 112%
+ Depreciation and write-downs630€20,288€9,041€25,365€22,402€16,749▼ 25.2%
Operating cash flow (approximation)€19,479€24,913€25,196€38,869€14,740▼ 62.1%
Investment in fixed assets (approximation)--€1,669-€71,060-€3,107-€8,565▼ 176%
Change in cash-€746-€2,040€4,071€3,051▼ 25.0%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2017
29-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 29 days late
2016
31-12
Financial Weakest financial yearnet -€2,009
Net result drops to -€2,009, the lowest in the series.
06-10
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 67 days late
2015
31-12
Financial Back to profitnet €16,467
Net result €16,467 after one loss-making year.
31-08
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 31 days late
2014
29-08
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 29 days late
2013
31-12
Financial Back to profitnet €15,872
Net result €15,872 after one loss-making year.
29-08
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema · 29 days late
2012
31-08
NBB filing Annual accounts filed
fiscal year 2011 · abbreviated schema · 31 days late
2011
31-08
NBB filing Annual accounts filed
fiscal year 2010 · abbreviated schema · 31 days late
2010
31-08
NBB filing Annual accounts filed
fiscal year 2009 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts

We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
9 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, Gent · 1 establishment unit since 2008
seat establishment The establishment unit on the map
Ground area
386 m²
Building footprint
425 m²
Volume, LiDAR
4,347 m³
Parcel 44805E1619/00E000, Flanders · tallest building 17.6 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
PIZZA EXPRESS
Sint-Pietersnieuwstraat 212, 9000 GentEvent catering
since 20082.170.314.523
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44805E1619/00E000 Flanders 386 m² 1 · 424 m² 17.6 m · 4 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 7,501 companies in sector 56210 we hold annual accounts for 2,448. 1,980 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded24-04-2008
Fiscal year end31-12
Activities, NACEBEL 2025
56210Event catering
56112Limited-service restaurants, excluding mobile food services
Contact
E-mail info@pizza-express.beGent
Phone 092252426Gent
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 26 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.