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Volt & Construct

Active
Private limited companyfounded 2022active for 4 yearsPlatanendreef 52, 9090 Merelbeke-Melle, BelgiumKBO/BCE: BE 0779.981.156
Summary

Volt & Construct has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €92,247 and a net result of €19,586. Equity is growing by about 59% per year across the filed financial years. Its solvency ranks better than 37% of 1,230 sector peers (NACE 42, financial year 2025). The computed 12-month bankruptcy probability is 1.4% (low).

Overview

Activity
Construction of utility projects for electricity and telecommunications
NACE 42220
1 site
Size
€278,986total assets 2025
Equity
€92,247
Profit
€19,586
Turnover not published (micro format)
Financial health
64 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.4%
Structure
Accounts 23 days early1 of 2 deeds read
Why 64raises riskFounded in 20221 change of registered office in 24 months1 of the last 3 latelowers riskLiquidity: current ratio 1.28, cash €58,614Show the evidence

Checked score

Score 2025
64 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 49% of its sector peers (NACE 42, micro)
Financial strength · tick = 2024
Strong
Solvency 58+12
equity 33.1% of total assets
Liquidity 44+29
short-term debt 61.8% · cash 21.0%
Profitability 78-7
return on assets 7.0%
Bankruptcy probability, 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.8% (1,866 companies, NACE 42, micro)
Last 24 months 11-2024: 2.5% 12-2024: 2.5%● unchanged vs 11-2024 01-2025: 3.5%▲ +1.0 percentage point vs 12-2024 02-2025: 3.5%● unchanged vs 01-2025 03-2025: 3.5%● unchanged vs 02-2025 04-2025: 4.0%▲ +0.5 percentage points vs 03-2025 05-2025: 4.5%▲ +0.5 percentage points vs 04-2025 06-2025: 4.4%▼ -0.1 percentage points vs 05-2025 07-2025: 4.4%● unchanged vs 06-2025 08-2025: 5.2%▲ +0.8 percentage points vs 07-2025highest value 09-2025: 3.0%▼ -2.2 percentage points vs 08-2025 10-2025: 3.0%● unchanged vs 09-2025 11-2025: 3.0%● unchanged vs 10-2025 12-2025: 3.0%● unchanged vs 11-2025 01-2026: 2.9%▼ -0.1 percentage points vs 12-2025 02-2026: 2.9%● unchanged vs 01-2026 03-2026: 2.9%● unchanged vs 02-2026 04-2026: 3.5%▲ +0.6 percentage points vs 03-2026 05-2026: 4.4%▲ +0.9 percentage points vs 04-2026 06-2026: 4.6%▲ +0.2 percentage points vs 05-2026 07-2026: 4.6%● unchanged vs 06-2026 08-2026: 1.4%▼ -3.2 percentage points vs 07-2026lowest value 09-2026: 1.4%● unchanged vs 08-2026lowest value 10-2026: 1.4%● unchanged vs 09-2026lowest value
Credit of up to €5,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.28, compared with 1.13 in 2024, below the usual 1.5; short-term debt: 61.8% and cash: 21% of total assets), and 66.9% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 42, micro): better than 37% on solvency, 38% on liquidity, 53% on profitability and 69% on growth.

The bankruptcy probability was computed on 16-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 1.28, cash €58,614
NBB · annual accounts
raises risk · Founded in 2022
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · 1 of the last 3 late
NBB · filings
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-07-2026, 23 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
23 days early
2024
28 days late
2023
58 days late
2022
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 24 days after the deadline; the sector median (NACE 42) for financial year 2024 is 2 days before the deadline, and 41% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 August (3 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
17-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2022.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Highest result from 2022 to 2025net €45,229 ▲30.2%

Financials · financial year 2025, micro format

Equity
€92,247▲ 25.5%
2024 · €73,494
Total assets
€278,986▼ 20.5%
2024 · €351,070
Net result
€19,586▼ 56.7%
2024 · €45,229
Working capital
€48,217▲ 40.5%
2024 · €34,308
Trend over the years

2022 to 2025, 4 financial years

The operating result falls in 2025; 2025 is 55% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€26,890 2025 Net result€19,586 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 42, Civil engineering: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2022202320242025
Operating result€698-€44,337▲ 6,248%€59,173▲ 33.5%€26,890▼ 54.6%
Net result-€827below the sector's middle half-€34,740above the sector's middle half€45,229above the sector's middle half▲ 30.2%€19,586within the sector's middle half▼ 56.7%
Equity€1,173below the sector's middle half-€30,768within the sector's middle half▲ 2,522%€73,494within the sector's middle half▲ 139%€92,247within the sector's middle half▲ 25.5%
Total assets€124,509within the sector's middle half-€213,387within the sector's middle half▲ 71.4%€351,070above the sector's middle half▲ 64.5%€278,986within the sector's middle half▼ 20.5%
Debt€123,336-€182,618▲ 48.1%€277,576▲ 52.0%€186,739▼ 32.7%
Working capital-€11,101below the sector's middle half--€2,167below the sector's middle half▲ 80.5%€34,308within the sector's middle half€48,217within the sector's middle half▲ 40.5%
Solvency0.9%below the sector's middle half-14.4%below the sector's middle half▲ 13.5pp20.9%below the sector's middle half▲ 6.5pp33.1%within the sector's middle half▲ 12.1pp
Current ratio0.87below the sector's middle half-0.99below the sector's middle half▲ 0.111.13within the sector's middle half▲ 0.151.28within the sector's middle half▲ 0.15
Return on assets (ROA)-0.7%below the sector's middle half-16.3%within the sector's middle half▲ 16.9pp12.9%within the sector's middle half▼ 3.4pp7.0%within the sector's middle half▼ 5.9pp
above within below the middle half of NACE 42, Civil engineering: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €278,986
Fixed assets €58,482 ▲ 7.7%
Current assets €220,503 ▼ 25.7%
Equity and liabilities €278,986
Equity €92,247 ▲ 25.5%
Debt €186,739 ▼ 32.7%
Debt's share of the balance-sheet total falls from 79.1% to 66.9%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€50,209▼
2024 · €78,415
Cash flow
€42,905▼
2024 · €64,471
Quick ratio
0.97▲
2024 · 0.86
Debt to equity
2.02▼
2024 · 3.78
ROE
21.2%▼
2024 · 61.5%
Interest coverage
20.03▼
2024 · 32.63
Debt ≤ 1 year
€172,286▼
2024 · €262,476
Debt > 1 year
€13,820▼
2024 · €14,038
Income taxes
€5,197▼
2024 · €11,580
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.8% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.4% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet Code20242025
Assets
Total assets20/58€351,070€278,986▼
Fixed assets21/28€54,286€58,482▲
Tangible fixed assets22/27€54,286€56,532▲
Plant, machinery and equipment23€12,262€16,224▲
Furniture and vehicles24€21,078€6,087▼
Leasing and similar rights25€20,946€34,221▲
Financial fixed assets28-€1,950
Current assets29/58€296,784€220,503▼
Stocks and contracts in progress3€71,375€53,462▼
Stocks30/36€41,732€43,363▲
Contracts in progress37€29,643€10,100▼
Amounts receivable within one year40/41€207,871€108,324▼
Trade receivables40€191,510€96,668▼
Other amounts receivable41€16,362€11,656▼
Cash at bank and in hand54/58€15,354€58,614▲
Deferred charges and accrued income490/1€2,183€103▼
Equity and liabilities
Total equity and liabilities10/49€351,070€278,986▼
Equity10/15€73,494€92,247▲
Contributions10/11€2,000€2,000=
Profit (loss) carried forward14€71,494€90,247▲
Amounts payable17/49€277,576€186,739▼
Amounts payable after more than one year17€14,038€13,820▼
Financial debts170/4€14,038€13,820▼
Amounts payable within one year42/48€262,476€172,286▼
Current portion of amounts payable after more than one year42€19,598€10,129▼
Trade debts44€139,469€63,685▼
Suppliers440/4€139,469€63,685▼
Taxes, remuneration and social security45€10,080€1,797▼
Taxes450/3€10,080€1,797▼
Other amounts payable47/48€93,329€96,676▲
Accrued charges and deferred income492/3€1,062€632▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19,242€23,319▲
Other operating charges640/8€1,233€1,144▼
Gross operating margin9900€79,648€51,353▼
Operating profit (loss)9901€59,173€26,890▼
Financial income75/76B€38€399▲
Recurring financial income75€38€399▲
Financial charges65/66B€2,403€2,507▲
Recurring financial charges65€2,403€2,507▲
Profit (loss) for the period before taxes9903€56,808€24,783▼
Income taxes67/77€11,580€5,197▼
Profit (loss) for the period9904€45,229€19,586▼
Profit (loss) for the period to be appropriated9905€45,229€19,586▼
Appropriation of the result
Profit (loss) to be appropriated9906€73,997€91,080▲
Profit (loss) brought forward from the previous period14P€28,768€71,494▲
Profit to be distributed694/7€2,503€833▼
Return on contributions (dividend)694€833€833=
Directors or managers695€1,670-

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,084€16,497€19,242€23,319▲ 21.2%
Other operating charges640/8€1,060€1,050€1,233€1,144▼ 7.2%
Gross operating margin9900€11,842€61,885€79,648€51,353▼ 35.5%
Operating profit (loss)9901€698€44,337€59,173€26,890▼ 54.6%
Financial income75/76B€10€54€38€399▲ 948%
Recurring financial income75€10€54€38€399▲ 948%
Financial charges65/66B€1,408€1,729€2,403€2,507▲ 4.3%
Recurring financial charges65€1,408€1,729€2,403€2,507▲ 4.3%
Profit (loss) for the period before taxes9903-€700€42,662€56,808€24,783▼ 56.4%
Income taxes67/77€127€7,922€11,580€5,197▼ 55.1%
Profit (loss) for the period9904-€827€34,740€45,229€19,586▼ 56.7%
Profit (loss) for the period to be appropriated9905-€827€34,740€45,229€19,586▼ 56.7%
Line2022202320242025Change
Assets
Total assets20/58€124,509€213,387€351,070€278,986▼ 20.5%
Fixed assets21/28€47,046€66,972€54,286€58,482▲ 7.7%
Tangible fixed assets22/27€47,046€66,972€54,286€56,532▲ 4.1%
Plant, machinery and equipment23-€7,482€12,262€16,224▲ 32.3%
Furniture and vehicles24€47,046€36,069€21,078€6,087▼ 71.1%
Leasing and similar rights25-€23,421€20,946€34,221▲ 63.4%
Financial fixed assets28---€1,950-
Current assets29/58€77,463€146,415€296,784€220,503▼ 25.7%
Stocks and contracts in progress3€5,000€15,780€71,375€53,462▼ 25.1%
Stocks30/36€5,000€15,780€41,732€43,363▲ 3.9%
Contracts in progress37--€29,643€10,100▼ 65.9%
Amounts receivable within one year40/41€45,739€88,549€207,871€108,324▼ 47.9%
Trade receivables40€36,421€85,749€191,510€96,668▼ 49.5%
Other amounts receivable41€9,318€2,800€16,362€11,656▼ 28.8%
Cash at bank and in hand54/58€26,607€40,008€15,354€58,614▲ 282%
Deferred charges and accrued income490/1€117€2,078€2,183€103▼ 95.3%
Equity and liabilities
Total equity and liabilities10/49€124,509€213,387€351,070€278,986▼ 20.5%
Equity10/15€1,173€30,768€73,494€92,247▲ 25.5%
Contributions10/11€2,000€2,000€2,000€2,000=
Profit (loss) carried forward14-€827€28,768€71,494€90,247▲ 26.2%
Amounts payable17/49€123,336€182,618€277,576€186,739▼ 32.7%
Amounts payable after more than one year17€34,772€33,636€14,038€13,820▼ 1.6%
Financial debts170/4€34,772€33,636€14,038€13,820▼ 1.6%
Amounts payable within one year42/48€88,563€148,582€262,476€172,286▼ 34.4%
Current portion of amounts payable after more than one year42€14,960€19,123€19,598€10,129▼ 48.3%
Trade debts44€33,544€66,815€139,469€63,685▼ 54.3%
Suppliers440/4€33,544€66,815€139,469€63,685▼ 54.3%
Taxes, remuneration and social security45€127€7,799€10,080€1,797▼ 82.2%
Taxes450/3€127€7,799€10,080€1,797▼ 82.2%
Other amounts payable47/48€39,932€54,844€93,329€96,676▲ 3.6%
Accrued charges and deferred income492/3-€400€1,062€632▼ 40.5%
Line2022202320242025Change
Profit (loss) for the period9904-€827€34,740€45,229€19,586▼ 56.7%
+ Depreciation and write-downs630€10,084€16,497€19,242€23,319▲ 21.2%
Operating cash flow (approximation)€9,257€51,237€64,471€42,905▼ 33.5%
Investment in fixed assets (approximation)--€36,423-€6,556-€27,516▼ 320%
Change in cash-€13,401-€24,654€43,260-

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

Filings with the National Bank (4)
Financial year Type Filed Reference
31-12-2025 micro format 08-07-2026 2026-00270968
31-12-2024 micro format 28-08-2025 2025-00420613
31-12-2023 micro format 27-09-2024 2024-00474729
31-12-2022 micro format 31-08-2023 2023-00429961

Similar companies · same sector, comparable size

Of the 1,790 active companies whose main activity is construction of utility projects for electricity and telecommunications (NACE 42220), figures are known for 974. 725 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 1 of 2 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

Volt & Construct was incorporated on 11 January 2022 as a private limited company.1 The registered office was moved to Melle in 2024.2 Total assets rose from €124,509 in 2022 to €278,986 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 02-12-2024
  3. 3National Bank, annual accounts 2022 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
08-07
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
28-08
NBB filing Annual accounts filed
financial year 2024 · micro format · 28 days late
2024
31-12
Financial Highest result from 2022 to 2025net €45,229 ▲30.2%
Operating result €59,173, net result €45,229, both a record.
02-12
Gazette deed Registered office
Registered-office move3 facts ▸
  • General meeting, 28-10-2024
  • Registered-office move, Platanendreef 52, 9090 Melle
  • Other provision, “Bestuurder, representation of filing agent” (deed in Dutch)
27-09
NBB filing Annual accounts filed
financial year 2023 · micro format · 58 days late
2023
31-12
Financial Back to profitnet €34,740
Net result €34,740 after one loss-making year.
31-08
NBB filing Annual accounts filed
financial year 2022 · micro format · 31 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
1 of 2 deeds read
About the unread acts

Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not 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.

Register details

Identification
Legal formPrivate limited company
Founded11-01-2022
Financial year end31-12
Activities, NACEBEL 2025
42220Construction of utility projects for electricity and telecommunications
33110Repair and maintenance of fabricated metal products
43211General electrical installation work
43230Insulation installation
43240Other construction installation
43410Roofing work
E-invoicing
Reachable via Peppol
Peppol ID 0208:0779981156
Also 9925:BE0779981156
Registered 31-10-2023

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 17 October 2026 · Peppol Directory

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

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0779.981.156

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Merelbeke-Melle · 1 establishment unit since 2022
registered office establishment The establishment unit on the map
Ground area
387 m²
Building footprint
282 m²
Building volume
1,333 m³
2 parcels, Flanders · tallest building 11.0 m. Linked by address, not a title deed.
1 establishment unit
Volt & Construct
Palmstraat 18, 9090 Merelbeke-MelleInstallation of industrial machinery and equipment
since 2022unit no. 2.328.089.377
2 parcels
Flanders 2 (100%)
Cadastral parcel Region Area Buildings Height / floors
44402A0400/00M003 Flanders 198 m² 1 · 198 m² 11.0 m · 2
44402A0469/00N003 Flanders 188 m² 1 · 84 m² -
How the parcels are linked
Good to know
Both parcels match the address exactly.