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VOSCARE

Active
Private limited companyfounded 199431 yrs activeVoldersstraat(Onk) 41, 9500 Geraardsbergen, BelgiumKBO/BCE: BE 0453.870.621

VOSCARE has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €146k and a net result of €-8k. Equity remains stable across the filed fiscal years (±1% per year). Its solvency ranks better than 95% of 36377 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2024
52 / 100
Fair= vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 22.19 against 12.43 in 2023), and 4.5% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 31 years 0 40 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
95.5%
Return on assets
-5.3%
Age of the figures
20 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year -€8k
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 14-08-2025, 14 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
14 d late
2023
42 d early
2022
6 d early
2021
24 d early
2020
46 d early
2019
22 d early
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€146k▼ 5.3%
2023 · €154k
2018: €141k 2019: €142k 2020: €138k 2021: €142k 2022: €155k 2023: €154k
2018 → 2024
Total assets
€153k▼ 8.7%
2023 · €167k
2018: €169k 2019: €164k 2020: €156k 2021: €155k 2022: €171k 2023: €167k
2018 → 2024
Net result
€-8k▼ 744%
2023 · €-958
2018: €20k 2019: €488 2020: €-4k 2021: €4k 2022: €14k 2023: €-958
2018 → 2024
Working capital
€145k▼ 5.1%
2023 · €153k
2018: €123k 2019: €130k 2020: €122k 2021: €130k 2022: €153k 2023: €153k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€138k-€142k▲ 2.4%€155k▲ 9.4%€154k▼ 0.6%€146k▼ 5.3%
Operating result€-2k-€4k€20k▲ 380%€-2k€-9k▼ 429%
Net result€-4k-€4k€14k▲ 240%€-958€-8k▼ 744%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-10k€0€10k€20kOperating result 2020: €-2k€-2kNet result 2020: €-4k€-4kOperating result 2021: €4k€4kNet result 2021: €4k€4kOperating result 2022: €20k€20kNet result 2022: €14k€14kOperating result 2023: €-2k€-2kNet result 2023: €-958€-958Operating result 2024: €-9k€-9kNet result 2024: €-8k€-8k20202021202220232024
The operating result stays negative: a loss of €9k in 2024 against €2k in 2023; the loss grows and 2024 is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €153k
Fixed assets €609▼ 33.1%
Current assets €152k▼ 8.6%
Equity and liabilities €153k
Equity €146k▼ 5.3%
Debt €7k▼ 48.8%
The debt ratio falls from 8.0% to 4.5%: debt falls faster than equity shrinks.
Key figures and ratios
2024 value · change against 2023
EBITDA
€-8k
2023 · €-1k
Cash flow
€-8k
2023 · €-460
Solvency
95.5%
2023 · 92.0%
Current ratio
22.19
2023 · 12.43
Quick ratio
18.99
2023 · 7.51
Debt / equity
0.05
2023 · 0.09
ROE
-5.5%
2023 · -0.6%
ROA
-5.3%
2023 · -0.6%
Interest coverage
-103.27
2023 · -33.14
Debt
€7k
2023 · €13k
Debt ≤ 1 year
€7k
2023 · €13k
Income taxes
€0
2023 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€167k€153k
Fixed assets21/28€911€609
Tangible fixed assets22/27€465€163
Plant, machinery and equipment23€465€163
Financial fixed assets28€446€446=
Current assets29/58€166k€152k
Stocks and contracts in progress3€66k€22k
Stocks30/36€7k€5k
Contracts in progress37€59k€17k
Amounts receivable within one year40/41€7k€10k
Trade receivables40€0€5k
Other amounts receivable41€7k€5k
Cash at bank and in hand54/58€93k€120k
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€167k€153k
Equity10/15€154k€146k
Contributions10/11€6k€6k=
Reserves13€149k€149k=
Distributable reserves133€149k€149k=
Profit (loss) carried forward14€-958€-9k
Amounts payable17/49€13k€7k
Amounts payable within one year42/48€13k€7k
Trade debts44€340€625
Suppliers440/4€340€625
Taxes, remuneration and social security45€8k€1k
Taxes450/3€8k€1k
Other amounts payable47/48€5k€5k
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€498€302
Other operating charges640/8€696€714
Gross operating margin9900€-459€-8k
Operating profit (loss)9901€-2k€-9k
Financial income75/76B€2k€751
Recurring financial income75€2k€751
Financial charges65/66B€35€82
Recurring financial charges65€35€82
Profit (loss) for the period before taxes9903€164€-8k
Income taxes67/77€1k€0
Profit (loss) for the period9904€-958€-8k
Profit (loss) for the period to be appropriated9905€-958€-8k
Appropriation of the result
Profit (loss) to be appropriated9906€-958€-9k
Profit (loss) brought forward from the previous period14P-€-958
Transfer to equity691/2€0-
To other reserves6921€0-
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-

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

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Timeline · acts, filings and financial milestones

2025
14-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 14 days late
2024
31-12
Financial Weakest financial yearnet €-8k
Net result drops to €-8k, the lowest in the series.
19-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
25-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Equity above €150kEq €155k ▲9.4%
2 profitable years in a row build equity to €155k.
07-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Back to profitnet €4k
Net result €4k after one loss-making year.
15-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
09-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
13-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
19-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
14-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
30-06
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 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It 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.

Directors · office · real estate

Directors
1 act for this company is 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, Geraardsbergen · 1 establishment unit since 1994
exact location from the address register On OpenStreetMap
Ground area
1,314 m²
Building footprint
95 m²
Volume, LiDAR
742 m³
Parcel 41050A0712/00L002, Flanders · tallest building 11.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
VOSCARE
Voldersstraat(Onk) 41, 9500 GeraardsbergenNACE 4531001
since 19942.069.413.836
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41050A0712/00L002 Flanders 1,314 m² 1 · 95 m² 11.5 m · 3 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 22,731 companies in sector 43211 we hold annual accounts for 10,271. 8,578 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded03-12-1994
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
45310
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers

Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.