VOLTAIRE
ActiveSummary
VOLTAIRE has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €121k and a net result of €24k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 73% of 2937 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability82▼-18
Solvency79▲+10
Growth78=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 1.55 against 1.16 in 2023; short-term debt: 46% and cash: 51.5% of total assets), and 46% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €121k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
42 d early
2022
33 d early
2021
25 d early
2020
53 d early
2019
6 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€121k▲ 24.4%
2023 · €98k
Total assets
€225k▲ 0.3%
2023 · €224k
Net result
€24k▼ 70.0%
2023 · €79k
Working capital
€57k▲ 188%
2023 · €20k
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
Line20202021202220232024
Operating result€-5k€-15k▼ 234%€29k€85k▲ 194%€36k▼ 57.2%
Net result€-6k€-20k▼ 238%€25k€79k▲ 214%€24k▼ 70.0%
Equity€13k▼ 31.4%€-7k€18k€98k▲ 436%€121k▲ 24.4%
Total assets€170k▲ 14.8%€176k▲ 3.4%€155k▼ 11.9%€224k▲ 44.5%€225k▲ 0.3%
Debt€157k▲ 21.6%€183k▲ 16.5%€137k▼ 25.3%€126k▼ 7.5%€103k▼ 18.3%
Working capital€-84k▼ 15.2%€-49k▲ 42.0%€-61k▼ 24.1%€20k€57k▲ 188%
Staff (FTE)17.9▲ 2.9%19.8▲ 10.6%18▼ 9.1%9.3▼ 48.3%9.1▼ 2.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 57% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €225k
Fixed assets
€64k ▼ 17.1%
Current assets
€160k ▲ 9.5%
Equity and liabilities €225k
Equity
€121k ▲ 24.4%
Debt
€103k ▼ 18.3%
Debt's share of the balance-sheet total falls from 56.5% to 46.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€57k▼
2023 · €108k
Cash flow
€44k▼
2023 · €103k
Current ratio
1.55▲
2023 · 1.16
Quick ratio
1.43▲
2023 · 1.05
Debt to equity
0.85▼
2023 · 1.30
ROE
19.6%▼
2023 · 81.4%
ROA
10.6%▼
2023 · 35.4%
Interest coverage
15.14▼
2023 · 18.56
Debt ≤ 1 year
€103k▼
2023 · €126k
Income taxes
€9k
Staff costs
€422k▲
2023 · €414k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €230k | €414k | €414k | €422k | ▲ 2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €31k | €33k | €23k | €24k | €20k | ▼ 14.1% |
| Other operating charges640/8 | - | €374 | €4k | €10k | €5k | ▼ 50.3% |
| Gross operating margin9900 | €289k | €248k | €471k | €532k | €484k | ▼ 9.0% |
| Operating profit (loss)9901 | €-5k | €-15k | €29k | €85k | €36k | ▼ 57.2% |
| Financial income75/76B | - | €307 | €521 | €526 | €459 | ▼ 12.8% |
| Recurring financial income75 | €2k | €307 | €521 | €526 | €459 | ▼ 12.8% |
| Financial charges65/66B | - | €5k | €4k | €6k | €4k | ▼ 35.9% |
| Recurring financial charges65 | €3k | €5k | €4k | €6k | €4k | ▼ 35.9% |
| Profit (loss) for the period before taxes9903 | €-6k | €-20k | €25k | €79k | €33k | ▼ 58.4% |
| Income taxes67/77 | - | - | - | - | €9k | - |
| Profit (loss) for the period9904 | €-6k | €-20k | €25k | €79k | €24k | ▼ 70.0% |
| Profit (loss) for the period to be appropriated9905 | €-6k | €-20k | €25k | €79k | €24k | ▼ 70.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €170k | €176k | €155k | €224k | €225k | ▲ 0.3% |
| Fixed assets21/28 | €97k | €93k | €87k | €78k | €64k | ▼ 17.1% |
| Tangible fixed assets22/27 | €90k | €86k | €80k | €71k | €58k | ▼ 18.7% |
| Plant, machinery and equipment23 | - | €61k | €50k | €46k | €38k | ▼ 18.0% |
| Furniture and vehicles24 | - | €10k | €8k | €6k | €4k | ▼ 30.4% |
| Other tangible fixed assets26 | - | €16k | €23k | €19k | €16k | ▼ 16.9% |
| Financial fixed assets28 | €7k | €7k | €7k | €7k | €7k | = |
| Current assets29/58 | €73k | €83k | €68k | €146k | €160k | ▲ 9.5% |
| Stocks and contracts in progress3 | €11k | €9k | €15k | €13k | €12k | ▼ 7.5% |
| Stocks30/36 | - | €9k | €15k | €13k | €12k | ▼ 7.5% |
| Amounts receivable within one year40/41 | €13k | €10k | €17k | €31k | €30k | ▼ 4.8% |
| Trade receivables40 | - | €424 | €13k | €27k | €25k | ▼ 8.0% |
| Other amounts receivable41 | - | €9k | €3k | €5k | €5k | ▲ 13.6% |
| Cash at bank and in hand54/58 | €49k | €60k | €35k | €97k | €116k | ▲ 19.7% |
| Deferred charges and accrued income490/1 | - | €3k | €638 | €6k | €3k | ▼ 49.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €170k | €176k | €155k | €224k | €225k | ▲ 0.3% |
| Equity10/15 | €13k | €-7k | €18k | €98k | €121k | ▲ 24.4% |
| Contributions10/11 | - | €38k | €38k | €38k | €38k | = |
| Reserves13 | €798 | €798 | €798 | €60k | €84k | ▲ 39.6% |
| Non-distributable reserves130/1 | - | €798 | €798 | €798 | €798 | = |
| Reserves not available under the articles1311 | - | €798 | €798 | €798 | €798 | = |
| Distributable reserves133 | - | - | - | €59k | €83k | ▲ 40.1% |
| Profit (loss) carried forward14 | €-25k | €-45k | €-20k | - | - | - |
| Amounts payable17/49 | €157k | €183k | €137k | €126k | €103k | ▼ 18.3% |
| Amounts payable after more than one year17 | - | €51k | €9k | - | - | - |
| Financial debts170/4 | - | €51k | €9k | - | - | - |
| Amounts payable within one year42/48 | €157k | €132k | €128k | €126k | €103k | ▼ 18.3% |
| Current portion of amounts payable after more than one year42 | - | €27k | €43k | €9k | - | - |
| Trade debts44 | €74k | €88k | €76k | €89k | €82k | ▼ 7.2% |
| Suppliers440/4 | - | €88k | €76k | €89k | €82k | ▼ 7.2% |
| Taxes, remuneration and social security45 | - | €16k | €8k | €28k | €20k | ▼ 29.1% |
| Taxes450/3 | - | €3k | €8k | €14k | €20k | ▲ 39.0% |
| Remuneration and social security454/9 | - | €13k | - | €14k | - | - |
| Other amounts payable47/48 | - | €371 | €757 | €757 | €757 | = |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-6k | €-20k | €25k | €79k | €24k | ▼ 70.0% |
| + Depreciation and write-downs630 | €31k | €33k | €23k | €24k | €20k | ▼ 14.1% |
| Operating cash flow (approximation) | €25k | €13k | €49k | €103k | €44k | ▼ 57.1% |
| Investment in fixed assets (approximation) | - | €-29k | €-17k | €-14k | €-7k | ▲ 50.0% |
| Change in cash | - | €11k | €-25k | €61k | €19k | ▼ 68.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €100kEq €121k ▲24.4%
3 profitable years in a row build equity to €121k.
19-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €79k ▲214%
Operating result €85k, net result €79k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 1.16
Current ratio from 0.53 to 1.16; short-term debt falls from €128k to €126k.
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €25k
Net result €25k after 2 loss-making years.
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €-20k
Net result drops to €-20k, the lowest in the series; recovery starts the following year.
08-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
06-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 6 days late
2019
19-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
Show earlier events
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
16-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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.
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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
Registered office, Leuven · 1 establishment unit since 1995
Ground area
682 m²
Building footprint
688 m²
Volume, LiDAR
4,490 m³
Parcel 24434F0266/00M000, Flanders · tallest building 11.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VOLTAIRE
since 19952.073.790.219
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24434F0266/00M000 | Flanders | 682 m² | 1 · 688 m² | 11.3 m · 2 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteLeuven2.073.790.219
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Of 20,501 companies in sector 56111 we hold annual accounts for 11,452. 9,339 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
Founded01-08-1995
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
Scores and ratios are computed by Checked and are not a credit decision.