VOLT
Open bankruptcyA bankruptcy procedure is open for VOLT according to publications in the Belgian State Gazette; curator: VIRGINIE SALTEUR.
Summary
The 2021 annual accounts show negative equity (€-66k) and a net result of €92k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 12-10-2022, 73 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 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
73 d late
2020
104 d late
2019
116 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, micro schema
Equity
€-66k▲ 58.3%
2020 · €-158k
2018: €-162klowest in 4 years
2019: €-142k▲ +12.3% vs 2018
2020: €-158k▼ -11.5% vs 2019
2021: €-66k▲ +58.3% vs 2020highest in 4 years
2018 → 2021
Total assets
€12k▼ 62.9%
2020 · €33k
2018: €33k
2019: €67k▲ +103% vs 2018highest in 4 years
2020: €33k▼ -49.9% vs 2019
2021: €12k▼ -62.9% vs 2020lowest in 4 years
2018 → 2021
Net result
€92k
2020 · €-16k
2018: €7k
2019: €20k▲ +182% vs 2018
2020: €-16k▼ -182% vs 2019lowest in 4 years
2021: €92k▲ +667% vs 2020highest in 4 years
2018 → 2021
Working capital
€-66k▲ 58.3%
2020 · €-158k
2018: €-162klowest in 4 years
2019: €-142k▲ +12.3% vs 2018
2020: €-158k▼ -11.5% vs 2019
2021: €-66k▲ +58.3% vs 2020highest in 4 years
2018 → 2021
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€-162k-€-142k▲ 12.3%€-158k▼ 11.5%€-66k▲ 58.3%
2018: €-162klowest in 4 years
2019: €-142k▲ +12.3% vs 2018
2020: €-158k▼ -11.5% vs 2019
2021: €-66k▲ +58.3% vs 2020highest in 4 years
Operating result€6k-€18k▲ 177%€-20k€154k
2018: €6k
2019: €18k▲ +177% vs 2018
2020: €-20k▼ -211% vs 2019lowest in 4 years
2021: €154k▲ +879% vs 2020highest in 4 years
Net result€7k-€20k▲ 182%€-16k€92k
2018: €7k
2019: €20k▲ +182% vs 2018
2020: €-16k▼ -182% vs 2019lowest in 4 years
2021: €92k▲ +667% vs 2020highest in 4 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2021: €154k after a loss of €20k in 2020, the highest result in the available series.
Key figures and ratios
Solvency
-532.9%▼
2020 · -473.9%
Current ratio
0.16▼
2020 · 0.17
Debt to equity
-1.19
ROA
745.2%▲
2020 · -48.7%
Debt
€78k▼
2020 · €192k
Debt ≤ 1 year
€78k▼
2020 · €192k
Income taxes
€61k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2021 against 2020 · 34 lines
Balance sheet
Code20202021
Assets
Total assets20/58€33k€12k▼
Current assets29/58€33k€12k▼
Amounts receivable within one year40/41€31k€9k▼
Trade receivables40-€6k
Other amounts receivable41-€2k
Cash at bank and in hand54/58€3k€3k▼
Deferred charges and accrued income490/1-€738
Equity and liabilities
Total equity and liabilities10/49€33k€12k▼
Equity10/15€-158k€-66k▲
Contributions10/11-€8k
Profit (loss) carried forward14€-166k€-74k▲
Amounts payable17/49€192k€78k▼
Amounts payable within one year42/48€192k€78k▼
Financial debts43-€108
Credit institutions430/8-€108
Trade debts44€3k€12k▲
Suppliers440/4-€12k
Taxes, remuneration and social security45-€66k
Taxes450/3-€66k
Income statement
Code20202021
Non-recurring operating income76A-€185k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€7k
Other operating charges640/8-€698
Gross operating margin9900€-19k€162k▲
Operating profit (loss)9901€-20k€154k▲
Financial income75/76B-€0
Recurring financial income75€4k€0▼
Financial charges65/66B-€623
Recurring financial charges65€294€623▲
Profit (loss) for the period before taxes9903€-16k€154k▲
Income taxes67/77-€61k
Profit (loss) for the period9904€-16k€92k▲
Profit (loss) for the period to be appropriated9905€-16k€92k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€-74k
Profit (loss) brought forward from the previous period14P-€-166k
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €185k | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €7k | - |
| Other operating charges640/8 | - | - | - | €698 | - |
| Gross operating margin9900 | €7k | €18k | €-19k | €162k | ▲ 934% |
| Operating profit (loss)9901 | €6k | €18k | €-20k | €154k | ▲ 879% |
| Financial income75/76B | - | - | - | €0 | - |
| Recurring financial income75 | €1k | €2k | €4k | €0 | ▼ 100.0% |
| Financial charges65/66B | - | - | - | €623 | - |
| Recurring financial charges65 | €518 | €172 | €294 | €623 | ▲ 112% |
| Profit (loss) for the period before taxes9903 | €7k | €20k | €-16k | €154k | ▲ 1,044% |
| Income taxes67/77 | - | - | - | €61k | - |
| Profit (loss) for the period9904 | €7k | €20k | €-16k | €92k | ▲ 667% |
| Profit (loss) for the period to be appropriated9905 | €7k | €20k | €-16k | €92k | ▲ 667% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €33k | €67k | €33k | €12k | ▼ 62.9% |
| Current assets29/58 | €33k | €67k | €33k | €12k | ▼ 62.9% |
| Amounts receivable within one year40/41 | €30k | €64k | €31k | €9k | ▼ 71.0% |
| Trade receivables40 | - | - | - | €6k | - |
| Other amounts receivable41 | - | - | - | €2k | - |
| Cash at bank and in hand54/58 | €3k | €3k | €3k | €3k | ▼ 0.5% |
| Deferred charges and accrued income490/1 | - | - | - | €738 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €33k | €67k | €33k | €12k | ▼ 62.9% |
| Equity10/15 | €-162k | €-142k | €-158k | €-66k | ▲ 58.3% |
| Contributions10/11 | €8k | €8k | - | €8k | - |
| Profit (loss) carried forward14 | €-170k | €-150k | €-166k | €-74k | ▲ 55.7% |
| Amounts payable17/49 | €195k | €209k | €192k | €78k | ▼ 59.1% |
| Amounts payable within one year42/48 | €195k | €209k | €192k | €78k | ▼ 59.1% |
| Financial debts43 | - | - | - | €108 | - |
| Credit institutions430/8 | - | - | - | €108 | - |
| Trade debts44 | €10k | €20k | €3k | €12k | ▲ 387% |
| Suppliers440/4 | - | - | - | €12k | - |
| Taxes, remuneration and social security45 | - | - | - | €66k | - |
| Taxes450/3 | - | - | - | €66k | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7k | €20k | €-16k | €92k | ▲ 667% |
| Operating cash flow (approximation) | €7k | €20k | €-16k | €92k | ▲ 667% |
| Change in cash | - | €-26 | €3 | €-14 | ▼ 563% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
29-01
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · event 20-01-2025
2022
12-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 73 days late
2021
31-12
Financial
Back to profitnet €92k
Net result €92k after one loss-making year.
12-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 104 days late
2020
31-12
Financial
Weakest financial yearnet €-16k
Net result drops to €-16k, the lowest in the series.
24-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 116 days late
24-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 482 days late
2018
16-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 16 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Etterbeek
Ground area
325 m²
Building footprint
129 m²
Volume, LiDAR
1,912 m³
Parcel 21005A0542/00B006, Brussels · tallest building 17.0 m, ±5 floors. Linked by address, not a title deed.
334
companies at this address
See who is registered here
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21005A0542/00B006 | Brussels | 325 m² | 1 · 129 m² | 17.0 m · 5 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | VIRGINIE SALTEUR AENUE DU CENTENAIRE 120,
1400 NIVELLES |
20-01-2025 → present |
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector. Of 13,417 companies in sector 73300 we hold annual accounts for 6,896. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded08-07-2016
Fiscal year end31-12
Activities, NACEBEL 2025
73300Public relations and communication consultancy
70200Business and other management consultancy
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.