Losses
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
Lower net result than 85% of companies in rental and leasing. Sector median €16,923 · 1,142 companies.
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59.
The dashed line is the sector median: 0.5% across 3,166 companies (NACE 77, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 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 77, micro). It does better than 49% of them on solvency, 77% on liquidity, 6% on profitability and 6% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 3,223 companies had the same profile as Voltastic has now. Each dot stands for 9 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Voltastic itself: 1.3% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,223 companies, not a prediction for Voltastic. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Net loss of at least half of total assets or of the equity at the start of the financial year.
The balance sheet total is too small for a liquidity verdict.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 2 accounts on average 101 days before the deadline. In the sector (NACE 77), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| Voltastic Lille | €4,024 | -€28,972 | 32.0% | - |
| Retrieve Aartselaar | €6,538 | -€2,392 | 97.2% | - |
| FLY LIFT Brussels | €4,852 | €131 | 23.2% | - |
| Concept King Turnhout | €15,765 | -€8,896 | 97.8% | - |
| REMO'LOC Oupeye | €12,469 | -€1,755 | 9.8% | - |
| Stint Ghent | €1,052 | -€8,341 | -873.3% | - |
| SART EVENTS Remicourt | €12,458 | €3,258 | 30.2% | - |
These companies have the same main activity as Voltastic: renting and leasing of other machinery, equipment and tangible goods (NACE 77399). They are comparable in size and age: total assets between €1,050 and €15,800, founded between 2022 and 2024.
The annual accounts of Voltastic for financial year 2025 show a net loss of 754% of total assets and of 96% of the equity at the start of that year. The 2025 annual accounts show equity of €1,287 and a net result of -€30,362.
Its solvency ranks better than 46% of 1,142 sector peers (NACE 77, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
The computed 12-month bankruptcy probability is 1.3% (low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated format does not require them.
Higher than 78% of 992 companies in 2024.
Higher than 78% of 974 companies in 2024.
Lower than 95% of 987 companies in 2024.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
4,024 | 46,674 | |
29/58 |
4,024 | 46,674 | |
40/41 |
515 | 5,663 | |
40 |
0 | 1,350 | |
41 |
515 | 4,313 | |
54/58 |
3,509 | 41,011 | |
| Balance sheet: equity and liabilities | |||
10/49 |
4,024 | 46,674 | |
10/15 |
1,287 | 31,649 | |
10/11 |
106,409 | 106,409 | |
14 |
-105,122 | -74,760 | |
17/49 |
2,738 | 15,025 | |
42/48 |
2,738 | 15,025 | |
44 |
2,738 | 15,025 | |
440/4 |
2,738 | 15,025 | |
| Income statement | |||
9900 |
-28,972 | -74,123 | |
640/8 |
1,295 | 959 | |
9901 |
-30,267 | -75,083 | |
75/76B |
0 | 386 | |
75 |
0 | 386 | |
65/66B |
95 | 63 | |
65 |
95 | 63 | |
9903 |
-30,362 | -74,760 | |
9904 |
-30,362 | -74,760 | |
9905 |
-30,362 | -74,760 | |
| Appropriation of the result | |||
9906 |
-105,122 | -74,760 | |
14P |
-74,760 | - | |
| Document | |||
The notes to these accounts have 2 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 19-01-2026.
| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| -37,502 | - | ||
| 1,287 | 31,649 | ||
| - | 67.8% | ||
| - | 3.11 | ||
| - | 0.47 | ||
| - | -236.2% | ||
| - | -160.2% |
The ratios are withheld because a balance sheet total of €4,024 is too small for a meaningful ratio.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
The operating result for 2025 is a loss of €30,267, smaller than the loss of €75,083 in 2024.
Debt's share of the balance-sheet total rises from 32.2% to 68.0%. Equity and debt are lower.
Source: lists of holdings in the owners' accounts
Source: list of holdings in the 2025 accounts of ENERGIEK. Holdings that file themselves stand with their latest accounts, the others with the amounts of that list, in their own currency.
| ENERGIEK
establishment since 23-02-2024 · founded in 2002 · negative equity (2025) |
1 FTE (2025) 0478.220.490 |
| Green Ventures
registered office since 29-11-2011 · founded in 2011 |
total assets €2.2m (2025) 0841.616.936 |
| Optiload
registered office since 03-11-2022 · founded in 2022 · negative equity (2025) |
1 FTE (2025) 0793.244.224 |
| ENERGENCIA
registered office since 20-10-2023 · founded in 2023 · negative equity (2025) |
total assets €1.1m (2025) 1001.439.381 |
| Olpas
registered office since 01-02-2022 · founded in 2021 |
total assets €318,640 (2025) 0773.553.125 |
| GRNRG
registered office since 29-03-2023 · founded in 2023 |
total assets €135,857 (2025) 0800.069.460 |
| Mobius Benelux
establishment since 29-07-2024 · founded in 2023 · negative equity (2025) |
0.8 FTE (2025) 0802.957.486 |
| Amfisol
registered office since 18-04-2025 |
founded in 2025 1022.527.280 |
| Mobius Benelux via NOBELS Bernard Beatrijs Albert Madeleine Willy, at Voltastic until 2025 · Director · deed of 23-06-2023 founded in 2023 · negative equity (2025) |
0.8 FTE (2025) |
| 2punch via NOBELS Bernard Beatrijs Albert Madeleine Willy, at Voltastic until 2025 · Director · deed of 26-10-2020 founded in 2019 |
total assets €159,917 (2025) |
| OPS Venture 4 via One Planet Studio, at Voltastic until 2025 · Director (not named in the articles) · deed of 14-03-2024 founded in 2024 |
total assets €83,216 (2025) |
| Immo Aedificare via ENERGIEK, no longer at Immo Aedificare · Manager (not named in the articles) · deed of 14-07-2020 |
founded in 2014 |
| RECOMA Benelux via One Planet Studio, at Voltastic until 2025 · Director · deed of 22-12-2025 |
founded in 2025 |
Deadline for the 2026 accounts: 31-07-2027
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Achterstenhoek 5 registered office 2275 Lille | 28-12-2023 | 2.355.718.442 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 13019D0119/00A000 | 7,570 m² | 1 · 2,861 m² | 10.2 m · 3 |
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