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Voltaco

Active
Private limited companyfounded 20251 yr activeSterrewijk 66, 9880 Aalter, BelgiumKBO/BCE: BE 1021.319.829
Summary

The computed 12-month bankruptcy probability of Voltaco is 3.0% (moderate). The 2025 annual accounts show equity of €15,164 and a net result of €5,997. Its solvency ranks better than 20% of 33831 sector peers (fiscal year 2025). The company has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals.

Financials · fiscal year 2025, micro schema

Equity
€15,164
Total assets
€85,697
Net result
€5,997
Working capital
€6,175

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

Balance-sheet composition
Assets €85,697
Fixed assets €28,449
Current assets €57,248
Equity and liabilities €85,697
Equity €15,164
Debt €70,533
Debt finances 82.3% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€17,920
Cash flow
€15,972
Current ratio
1.12
Quick ratio
0.81
Debt to equity
4.65
ROE
39.5%
ROA
7.0%
Interest coverage
34.95
Debt ≤ 1 year
€51,073
Debt > 1 year
€19,460
Income taxes
€1,476
Staff costs
€524

Peer companies

Historical observation

Of the 2,390 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 97% are still going.

  • Micro
  • under 2 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.2% went bankrupt
2.0% stopped otherwise
97% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 3.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 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% 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 2,390 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 · 47 lines
Balance sheet Code2025
Assets
Total assets20/58€85,697
Fixed assets21/28€28,449
Tangible fixed assets22/27€28,449
Plant, machinery and equipment23€4,320
Leasing and similar rights25€24,129
Current assets29/58€57,248
Stocks and contracts in progress3€15,750
Stocks30/36€15,750
Amounts receivable within one year40/41€28,686
Trade receivables40€13,716
Other amounts receivable41€14,971
Cash at bank and in hand54/58€12,047
Deferred charges and accrued income490/1€764
Equity and liabilities
Total equity and liabilities10/49€85,697
Equity10/15€15,164
Contributions10/11€10,000
Reserves13€5,164
Distributable reserves133€5,164
Profit (loss) carried forward14€0
Amounts payable17/49€70,533
Amounts payable after more than one year17€19,460
Financial debts170/4€19,460
Amounts payable within one year42/48€51,073
Current portion of amounts payable after more than one year42€4,669
Trade debts44€44,095
Suppliers440/4€44,095
Taxes, remuneration and social security45€1,476
Taxes450/3€1,476
Other amounts payable47/48€833
Income statement Code2025
Remuneration, social security and pensions62€524
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,975
Other operating charges640/8€559
Gross operating margin9900€19,004
Operating profit (loss)9901€7,945
Financial income75/76B€41
Recurring financial income75€41
Financial charges65/66B€513
Recurring financial charges65€513
Profit (loss) for the period before taxes9903€7,473
Income taxes67/77€1,476
Profit (loss) for the period9904€5,997
Profit (loss) for the period to be appropriated9905€5,997
Appropriation of the result
Profit (loss) to be appropriated9906€5,997
Transfer to equity691/2€5,164
To other reserves6921€5,164
Profit to be distributed694/7€833
Return on contributions (dividend)694€833

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€524
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,975
Other operating charges640/8€559
Gross operating margin9900€19,004
Operating profit (loss)9901€7,945
Financial income75/76B€41
Recurring financial income75€41
Financial charges65/66B€513
Recurring financial charges65€513
Profit (loss) for the period before taxes9903€7,473
Income taxes67/77€1,476
Profit (loss) for the period9904€5,997
Profit (loss) for the period to be appropriated9905€5,997
Line2025
Assets
Total assets20/58€85,697
Fixed assets21/28€28,449
Tangible fixed assets22/27€28,449
Plant, machinery and equipment23€4,320
Leasing and similar rights25€24,129
Current assets29/58€57,248
Stocks and contracts in progress3€15,750
Stocks30/36€15,750
Amounts receivable within one year40/41€28,686
Trade receivables40€13,716
Other amounts receivable41€14,971
Cash at bank and in hand54/58€12,047
Deferred charges and accrued income490/1€764
Equity and liabilities
Total equity and liabilities10/49€85,697
Equity10/15€15,164
Contributions10/11€10,000
Reserves13€5,164
Distributable reserves133€5,164
Profit (loss) carried forward14€0
Amounts payable17/49€70,533
Amounts payable after more than one year17€19,460
Financial debts170/4€19,460
Amounts payable within one year42/48€51,073
Current portion of amounts payable after more than one year42€4,669
Trade debts44€44,095
Suppliers440/4€44,095
Taxes, remuneration and social security45€1,476
Taxes450/3€1,476
Other amounts payable47/48€833
Line2025
Profit (loss) for the period9904€5,997
+ Depreciation and write-downs630€9,975
Operating cash flow (approximation)€15,972

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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