Voltrion
ActiveSummary
Voltrion has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €130k and a net result of €24k. Equity is growing by ~50.9% per year across the filed fiscal years. Its solvency ranks better than 55% of 116 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability77▼-12
Solvency59▼-3
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 2.24 against 1.54 in 2024; short-term debt: 31.9% and cash: 30.2% of total assets), but 65.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 20
Relative position
BE, all sectors
reference
Manufacture of chemicals and chemical products (NACE 20)
about 43% fewer 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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
34.4%
Return on assets
6.4%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
60 d late
2023
30 d late
2022
31 d late
2021
31 d late
2020
13 d late
2019
91 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€130k▲ 22.8%
2024 · €105k
2018: €-42klowest in 8 years
2019: €-39k▲ +6.9% vs 2018
2020: €-34k▲ +12.2% vs 2019
2021: €74k▲ +317% vs 2020
2022: €20k▼ -72.9% vs 2021
2023: €60k▲ +199% vs 2022
2024: €105k▲ +75.6% vs 2023
2025: €130k▲ +22.8% vs 2024highest in 8 years
2018 → 2025
Total assets
€377k▲ 33.9%
2024 · €281k
2018: €313k
2019: €277k▼ -11.6% vs 2018
2020: €275k▼ -0.5% vs 2019lowest in 8 years
2021: €284k▲ +3.3% vs 2020
2022: €291k▲ +2.3% vs 2021
2023: €317k▲ +8.8% vs 2022
2024: €281k▼ -11.1% vs 2023
2025: €377k▲ +33.9% vs 2024highest in 8 years
2018 → 2025
Net result
€24k▼ 47.0%
2024 · €45k
2018: €28k
2019: €3k▼ -89.8% vs 2018
2020: €5k▲ +64.4% vs 2019
2021: €-13k▼ -377% vs 2020
2022: €-54k▼ -312% vs 2021lowest in 8 years
2023: €40k▲ +174% vs 2022
2024: €45k▲ +13.5% vs 2023highest in 8 years
2025: €24k▼ -47.0% vs 2024
2018 → 2025
Working capital
€149k▲ 63.3%
2024 · €91k
2018: €-36k
2019: €-40k▼ -10.2% vs 2018lowest in 8 years
2020: €-4k▲ +88.8% vs 2019
2021: €16k▲ +466% vs 2020
2022: €-15k▼ -195% vs 2021
2023: €40k▲ +357% vs 2022
2024: €91k▲ +129% vs 2023
2025: €149k▲ +63.3% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€74k-€20k▼ 72.9%€60k▲ 199%€105k▲ 75.6%€130k▲ 22.8%
2021: €74k
2022: €20k▼ -72.9% vs 2021lowest in 5 years
2023: €60k▲ +199% vs 2022
2024: €105k▲ +75.6% vs 2023
2025: €130k▲ +22.8% vs 2024highest in 5 years
Operating result€-8k-€-45k▼ 486%€44k€48k▲ 9.4%€26k▼ 46.3%
2021: €-8k
2022: €-45k▼ -486% vs 2021lowest in 5 years
2023: €44k▲ +199% vs 2022
2024: €48k▲ +9.4% vs 2023highest in 5 years
2025: €26k▼ -46.3% vs 2024
Net result€-13k-€-54k▼ 312%€40k€45k▲ 13.5%€24k▼ 47.0%
2021: €-13k
2022: €-54k▼ -312% vs 2021lowest in 5 years
2023: €40k▲ +174% vs 2022
2024: €45k▲ +13.5% vs 2023highest in 5 years
2025: €24k▼ -47.0% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 46% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €377k
Fixed assets
€108k ▲ 419%
Current assets
€269k ▲ 3.2%
Equity and liabilities €377k
Equity
€130k ▲ 22.8%
Debt
€247k ▲ 40.6%
Debt's share of the balance-sheet total rises from 62.5% to 65.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€27k▼
2024 · €73k
Cash flow
€25k▼
2024 · €70k
Current ratio
2.24▲
2024 · 1.54
Quick ratio
2.02▲
2024 · 1.27
Debt to equity
1.91▲
2024 · 1.67
ROE
18.6%▼
2024 · 43.0%
ROA
6.4%▼
2024 · 16.1%
Interest coverage
6.09▼
2024 · 26.83
Debt ≤ 1 year
€120k▼
2024 · €170k
Debt > 1 year
€127k▲
2024 · €6k
Income taxes
€238▲
2024 · €231
Staff costs
€54k▼
2024 · €74k
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 · 2025 against 2024 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€281k€377k▲
Fixed assets21/28€21k€108k▲
Tangible fixed assets22/27€17k€100k▲
Plant, machinery and equipment23€17k€100k▲
Financial fixed assets28€3k€8k▲
Current assets29/58€261k€269k▲
Stocks and contracts in progress3€46k€26k▼
Stocks30/36€46k€26k▼
Amounts receivable within one year40/41€161k€129k▼
Trade receivables40€32k€30k▼
Other amounts receivable41€129k€99k▼
Cash at bank and in hand54/58€54k€114k▲
Equity and liabilities
Total equity and liabilities10/49€281k€377k▲
Equity10/15€105k€130k▲
Contributions10/11€140k€140k=
Profit (loss) carried forward14€-35k€-10k▲
Amounts payable17/49€176k€247k▲
Amounts payable after more than one year17€6k€127k▲
Financial debts170/4€6k€127k▲
Amounts payable within one year42/48€170k€120k▼
Current portion of amounts payable after more than one year42€19k€6k▼
Financial debts43-€680
Credit institutions430/8-€680
Trade debts44€118k€61k▼
Suppliers440/4€118k€61k▼
Taxes, remuneration and social security45€11k€7k▼
Taxes450/3€468€469▲
Remuneration and social security454/9€10k€7k▼
Other amounts payable47/48€23k€45k▲
Income statement
Code20242025
Remuneration, social security and pensions62€74k€54k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€844▼
Other operating charges640/8€686€2k▲
Gross operating margin9900€148k€83k▼
Operating profit (loss)9901€48k€26k▼
Financial income75/76B-€3k
Recurring financial income75-€3k
Financial charges65/66B€3k€4k▲
Recurring financial charges65€3k€4k▲
Profit (loss) for the period before taxes9903€46k€24k▼
Income taxes67/77€231€238▲
Profit (loss) for the period9904€45k€24k▼
Profit (loss) for the period to be appropriated9905€45k€24k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-35k€-10k▲
Profit (loss) brought forward from the previous period14P€-80k€-35k▲
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €55k | €65k | €81k | €74k | €54k | ▼ 27.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €64k | €48k | €25k | €24k | €844 | ▼ 96.5% |
| Other operating charges640/8 | €3k | €2k | €1k | €686 | €2k | ▲ 254% |
| Gross operating margin9900 | €114k | €71k | €151k | €148k | €83k | ▼ 43.9% |
| Operating profit (loss)9901 | €-8k | €-45k | €44k | €48k | €26k | ▼ 46.3% |
| Financial income75/76B | - | €302 | €813 | - | €3k | - |
| Recurring financial income75 | - | €302 | €813 | - | €3k | - |
| Financial charges65/66B | €5k | €10k | €5k | €3k | €4k | ▲ 62.0% |
| Recurring financial charges65 | €5k | €10k | €5k | €3k | €4k | ▲ 62.0% |
| Profit (loss) for the period before taxes9903 | €-13k | €-54k | €40k | €46k | €24k | ▼ 46.7% |
| Income taxes67/77 | €215 | €238 | €237 | €231 | €238 | ▲ 2.9% |
| Profit (loss) for the period9904 | €-13k | €-54k | €40k | €45k | €24k | ▼ 47.0% |
| Profit (loss) for the period to be appropriated9905 | €-13k | €-54k | €40k | €45k | €24k | ▼ 47.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €284k | €291k | €317k | €281k | €377k | ▲ 33.9% |
| Fixed assets21/28 | €130k | €78k | €45k | €21k | €108k | ▲ 419% |
| Intangible fixed assets21 | €36k | €14k | €7k | - | - | - |
| Tangible fixed assets22/27 | €87k | €61k | €35k | €17k | €100k | ▲ 480% |
| Plant, machinery and equipment23 | €85k | €60k | €34k | €17k | €100k | ▲ 480% |
| Furniture and vehicles24 | €1k | €549 | - | - | - | - |
| Other tangible fixed assets26 | €1k | €668 | €334 | - | - | - |
| Financial fixed assets28 | €7k | €3k | €3k | €3k | €8k | ▲ 116% |
| Current assets29/58 | €154k | €213k | €271k | €261k | €269k | ▲ 3.2% |
| Stocks and contracts in progress3 | €56k | €57k | €58k | €46k | €26k | ▼ 43.0% |
| Stocks30/36 | €56k | €57k | €58k | €46k | €26k | ▼ 43.0% |
| Amounts receivable within one year40/41 | €99k | €155k | €183k | €161k | €129k | ▼ 20.0% |
| Trade receivables40 | €78k | €28k | €56k | €32k | €30k | ▼ 5.6% |
| Other amounts receivable41 | €21k | €127k | €127k | €129k | €99k | ▼ 23.5% |
| Cash at bank and in hand54/58 | - | - | €16k | €54k | €114k | ▲ 112% |
| Deferred charges and accrued income490/1 | €32 | €778 | €14k | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €284k | €291k | €317k | €281k | €377k | ▲ 33.9% |
| Equity10/15 | €74k | €20k | €60k | €105k | €130k | ▲ 22.8% |
| Contributions10/11 | €140k | €140k | €140k | €140k | €140k | = |
| Profit (loss) carried forward14 | €-66k | €-120k | €-80k | €-35k | €-10k | ▲ 69.7% |
| Amounts payable17/49 | €210k | €271k | €256k | €176k | €247k | ▲ 40.6% |
| Amounts payable after more than one year17 | €71k | €43k | €25k | €6k | €127k | ▲ 1,906% |
| Financial debts170/4 | €71k | €43k | €25k | €6k | €127k | ▲ 1,906% |
| Amounts payable within one year42/48 | €138k | €228k | €232k | €170k | €120k | ▼ 29.1% |
| Current portion of amounts payable after more than one year42 | €35k | €29k | €18k | €19k | €6k | ▼ 65.8% |
| Financial debts43 | €1k | €14k | - | - | €680 | - |
| Credit institutions430/8 | €1k | €14k | - | - | €680 | - |
| Trade debts44 | €94k | €98k | €139k | €118k | €61k | ▼ 48.3% |
| Suppliers440/4 | €94k | €98k | €139k | €118k | €61k | ▼ 48.3% |
| Taxes, remuneration and social security45 | €8k | €8k | €10k | €11k | €7k | ▼ 32.6% |
| Taxes450/3 | €749 | €453 | €475 | €468 | €469 | ▲ 0.2% |
| Remuneration and social security454/9 | €7k | €8k | €10k | €10k | €7k | ▼ 34.1% |
| Other amounts payable47/48 | - | €79k | €64k | €23k | €45k | ▲ 97.6% |
| Accrued charges and deferred income492/3 | €1k | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-13k | €-54k | €40k | €45k | €24k | ▼ 47.0% |
| + Depreciation and write-downs630 | €64k | €48k | €25k | €24k | €844 | ▼ 96.5% |
| Operating cash flow (approximation) | €51k | €-6k | €65k | €70k | €25k | ▼ 64.3% |
| Investment in fixed assets (approximation) | - | €4k | €8k | €0 | €-88k | - |
| Change in cash | - | - | - | €38k | €60k | ▲ 60.0% |
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
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
31-12
Financial
Highest result since 2018net €45k ▲13.5%
Operating result €48k, net result €45k, both a record.
31-12
Financial
Equity above €100kEq €105k ▲75.6%
2 profitable years in a row build equity to €105k.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Back to profitnet €40k
Net result €40k after 2 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet €-54k
Net result drops to €-54k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
13-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 13 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro 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, Deinze · 1 establishment unit since 2009
Ground area
986 m²
Building footprint
523 m²
Volume, LiDAR
3,173 m³
Parcel 44054A0080/00M000, Flanders · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
voltrion
since 20092.178.533.688
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44054A0080/00M000 | Flanders | 986 m² | 1 · 523 m² | 7.2 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.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 4 entries · 175,125 EUR awarded · 140,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 0 EUR | 0 EUR |
| 2024 | 1 | 0 EUR | 70,000 EUR |
| 2023 | 1 | 175,125 EUR | 70,000 EUR |
Schemes
Ontwikkelingsproject
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Of 230 companies in sector 20590 we hold annual accounts for 169. 57 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
Founded28-05-2009
Fiscal year end31-12
Activities, NACEBEL 2025
20590Manufacture of chemicals and chemical products
Contact
Phone
0475/ 92 46 55Deinze
Scores and ratios are computed by Checked and are not a credit decision.