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VOLSTEAD

Inactive
KBO/BCE: BE 0543.587.307

VOLSTEAD was declared bankrupt on 17-03-2022 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed for insufficient assets by judgment of 18-02-2025, published in the Belgian State Gazette on 25-02-2025.

Summary

Inactive; last annual accounts for fiscal year 2018.

Signals

Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
neutral · No filing for years
The last filed financial year closed on 31-12-2018. Since then, 7 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 5 filings
Position against the passed deadline
31-12-2019 close31-07-2020 deadline26-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2018 was due by 31-07-2019 and was filed on 28-08-2019, 28 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 · 5 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 →
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

VOLSTEAD has filed 5 sets of annual accounts, the latest for fiscal year 2018.1 The company was declared bankrupt on 17 March 2022; the bankruptcy was closed on 18 February 2025.23

  1. 1National Bank, annual accounts 2018
  2. 2Belgian State Gazette, 23-03-2022
  3. 3Belgian State Gazette, 25-02-2025

Financials · fiscal year 2018, micro schema

Equity
€16k
Total assets
€48k
Net result
€34k
Working capital
€16k

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Equity and liabilities €48k
Equity €16k
Debt €32k
Debt finances 67.1% of the balance-sheet total.
Key figures and ratios
2018 value
Current ratio
1.49
ROE
219.2%
ROA
72.2%
Debt ≤ 1 year
€32k
Annual accounts
Filed annual accounts As filed with the NBB · 2018 · 18 lines
Balance sheet Code2018
Assets
Total assets20/58€48k
Current assets29/58€48k
Amounts receivable within one year40/41€25k
Cash at bank and in hand54/58€23k
Equity and liabilities
Total equity and liabilities10/49€48k
Equity10/15€16k
Contributions10/11€25k
Profit (loss) carried forward14€-9k
Amounts payable17/49€32k
Amounts payable within one year42/48€32k
Trade debts44€30k
Income statement Code2018
Gross operating margin9900€36k
Operating profit (loss)9901€34k
Recurring financial income75€139
Recurring financial charges65€139
Profit (loss) for the period before taxes9903€34k
Profit (loss) for the period9904€34k
Profit (loss) for the period to be appropriated9905€34k
Line2018
Gross operating margin9900€36k
Operating profit (loss)9901€34k
Recurring financial income75€139
Recurring financial charges65€139
Profit (loss) for the period before taxes9903€34k
Profit (loss) for the period9904€34k
Profit (loss) for the period to be appropriated9905€34k
Line2018
Assets
Total assets20/58€48k
Current assets29/58€48k
Amounts receivable within one year40/41€25k
Cash at bank and in hand54/58€23k
Equity and liabilities
Total equity and liabilities10/49€48k
Equity10/15€16k
Contributions10/11€25k
Profit (loss) carried forward14€-9k
Amounts payable17/49€32k
Amounts payable within one year42/48€32k
Trade debts44€30k
Line2018
Profit (loss) for the period9904€34k
Operating cash flow (approximation)€34k

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

Download as CSV

Timeline · acts, filings and financial milestones

2025
25-02
Bankruptcy Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 18-02-2025
2022
23-03
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 17-03-2022
2019
28-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
30-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
28-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
30-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
2015
02-06
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
SignalNBB filing
0 of 4 acts read
About the unread acts

We know of 4 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
4 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

Insolvency mandates

1 mandate
Role Name Tenure
Curator DIRK ROCHTUS
DROOMLAND 15, 2288 02 BOUWEL- GROBBENDONK
17-03-2022 → 18-02-2025