Votect
ActiveSummary
The computed 12-month bankruptcy probability of Votect is 2.6% (moderate). The 2025 annual accounts show equity of €169,705 and a net result of -€104,258. Equity has been growing by about 9.2% per year since 2018. Its solvency ranks better than 30% of 4,800 sector peers (NACE 56, financial year 2025). The company has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 08-10-2012 Normal situation
- Activity
- Limited-service restaurants, excluding mobile food services NACE 56112and 6 others
- Joint committee
- 302 Paritair Comité voor het hotelbedrijf · annual accounts 2025
- Establishment units
- 2.213.567.318 1130 Brussel, since 08-10-2012
- 2.356.168.701 1000 Brussel, since 28-02-2024and 4 others
- Financial year end
- 31 December
- Peppol
- Reachable since 29-08-2024
Board and ownership
Board
- Filip KuzminskiDirector · since 11-08-2025
- Thanh Vo TâmDirector
- Van Woensel KarenDirector
- Holdings
- Shares in 5 companies including DELISH and Seoul South Station gent
Financial position
- Bankruptcy probabilitywithin 12 months
- 2.6%
Annual accounts 2025
- Gross margin
- €590,019
- ▲ 52.7%
- Turnover
- ≈ €1.7m
- estimated
- Loss
- €104,258
- Equity
- €169,705
- ▼ 38.1%
- Total assets
- €1.6m
- ▲ 49.9%
- Employees on 31-12-2025
- 7
- ▲ 40.0%
Score breakdownraises riskEquity €169,705 (10.7% of total assets)Sector: Food and beverage service activities (NACE 56)Loss of €104,258 (financial year 2025)Size: 6.1 FTE, total assets €1.6mShow the evidence
Checked score
Score 2025
50
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 25% of micro companies in food and beverage service (NACE 56)
Financial strength · tick: 2024
Weak
Solvency
36-15
equity 10.7% of total assets
Liquidity
20-2
short-term debt 68.2% · cash 5.3%
Profitability
44-15
return on assets -6.6%
Bankruptcy probability within 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.3%● unchanged vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.4%▲ +0.1 percentage points vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.6%▲ +0.2 percentage points vs 06-2025
08-2025: 0.3%▼ -0.3 percentage points vs 07-2025lowest value
09-2025: 0.3%● unchanged vs 08-2025lowest value
10-2025: 0.3%● unchanged vs 09-2025lowest value
11-2025: 0.3%● unchanged vs 10-2025lowest value
12-2025: 0.3%● unchanged vs 11-2025lowest value
01-2026: 0.3%● unchanged vs 12-2025lowest value
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.4%▲ +0.1 percentage points vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.5%▲ +0.1 percentage points vs 06-2026
08-2026: 2.6%▲ +2.1 percentage points vs 07-2026highest value
09-2026: 2.6%● unchanged vs 08-2026highest value
10-2026: 2.6%● unchanged vs 09-2026highest value
11-2026: 2.6%● unchanged vs 10-2026highest value
Credit of up to €8,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.7 (0.67 in 2024), below 1. Short-term debt is 68.2% and cash 5.3% of total assets. 89.3% of the assets are financed with debt and provisions.
Calculation
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 56, micro). It does better than 34% of them on solvency, 17% on liquidity, 33% on profitability and 18% on growth.
The bankruptcy probability was computed on 03-11-2026 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.
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).
Credit check for an amount and term of your choice
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
raises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 days early
2024
16 days early
2023
1 day early
2022
5 days early
2021
31 days early
2020
20 days late
2019
140 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 26 days before the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 23 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 23-07-2026 at the NBB all 13 filings
Turnover
≈ €1.7m
Estimated: probably between €1.4m and €1.9m
Total assets
€1.6m▲ 49.9%
2024 · €1.1m
Net result
-€104,258
2024 · €22,212
Working capital
-€319,565▼ 53.9%
2024 · -€207,608
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
€49,237
▼ 17.8%
2025
20182025
Net result
-€104,258
2025
lowest quarter of the sector
20182025
Equity
€169,705
▼ 38.1%
2025
middle half of the sector
20182025
Total assets
€1.6m
▲ 49.9%
2025
highest quarter of the sector
20182025
Debt
€1.4m
▲ 80.7%
2025
20182025
Working capital
-€319,565
▼ 53.9%
2025
lowest quarter of the sector
20182025
Solvency
10.7%
▼ 15.2pp
2025
middle half of the sector
20182025
Current ratio
0.70
▲ 0.04
2025
middle half of the sector
20182025
Return on assets (ROA)
-6.6%
▼ 8.7pp
2025
lowest quarter of the sector
20182025
Staff (FTE)
6.1
▲ 17.3%
2025
middle half of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€0.01m-€0.03m▲ 107%-€0.004m€0.03m€0.06m▲ 109%€0.07m▲ 15.6%€0.06m▼ 13.0%€0.05m▼ 17.8%
Net result€0.007m-€0.02m▲ 166%-€0.01mbelow the sector's middle half€0.01mwithin the sector's middle half€0.04mabove the sector's middle half▲ 190%€0.04mabove the sector's middle half▼ 3.9%€0.02mwithin the sector's middle half▼ 43.7%-€0.1mbelow the sector's middle half
Equity€0.1m-€0.2m▲ 12.9%€0.2mabove the sector's middle half▼ 6.1%€0.2mabove the sector's middle half▲ 9.0%€0.2mabove the sector's middle half▲ 24.0%€0.3mabove the sector's middle half▲ 18.6%€0.3mabove the sector's middle half▲ 8.8%€0.2mwithin the sector's middle half▼ 38.1%
Total assets€0.3m-€0.4m▲ 33.6%€0.5mabove the sector's middle half▲ 20.3%€0.5mabove the sector's middle half▲ 1.8%€0.5mabove the sector's middle half▲ 8.7%€0.7mabove the sector's middle half▲ 33.7%€1.1mabove the sector's middle half▲ 57.2%€1.6mabove the sector's middle half▲ 49.9%
Debt€0.1m-€0.2m▲ 56.5%€0.3m▲ 41.2%€0.3m▼ 2.0%€0.3m▼ 0.3%€0.4m▲ 44.7%€0.8m▲ 86.1%€1.4m▲ 80.7%
Working capital€0.03m-€0.05m▲ 59.1%€0.03mwithin the sector's middle half▼ 53.2%€0.1mabove the sector's middle half▲ 358%€0.02mwithin the sector's middle half▼ 83.1%-€0.08mbelow the sector's middle half-€0.2mbelow the sector's middle half▼ 166%-€0.3mbelow the sector's middle half▼ 53.9%
Solvency52.4%-44.2%▼ 8.1pp34.5%within the sector's middle half▼ 9.7pp37.0%within the sector's middle half▲ 2.4pp42.2%within the sector's middle half▲ 5.2pp37.4%within the sector's middle half▼ 4.8pp25.9%within the sector's middle half▼ 11.5pp10.7%within the sector's middle half▼ 15.2pp
Current ratio1.49-1.54▲ 0.051.18within the sector's middle half▼ 0.362.63above the sector's middle half▲ 1.451.17within the sector's middle half▼ 1.460.72within the sector's middle half▼ 0.450.67within the sector's middle half▼ 0.060.70within the sector's middle half▲ 0.04
Return on assets (ROA)2.5%-5.0%▲ 2.5pp-2.2%within the sector's middle half▼ 7.3pp3.1%within the sector's middle half▲ 5.3pp8.2%within the sector's middle half▲ 5.1pp5.9%within the sector's middle half▼ 2.3pp2.1%within the sector's middle half▼ 3.8pp-6.6%below the sector's middle half▼ 8.7pp
Staff (FTE)1.43▲ 114%5.2▲ 73.3%6.1within the sector's middle half▲ 17.3%
above
within
below
The sector band is the middle half of the companies in Food and beverage service activities (NACE 56). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 18% lower than in 2024. It is the second fall in a row.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.6m
Fixed assets
€823,609 ▲ 29.2%
Current assets
€762,464 ▲ 81.4%
Equity and liabilities €1.6m
Equity
€169,705 ▼ 38.1%
Debt
€1.4m ▲ 80.7%
Debt's share of the balance-sheet total rises from 74.1% to 89.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€106,285▼
2024 · €107,977
Cash flow
-€47,210▼
2024 · €70,286
Quick ratio
0.65▲
2024 · 0.58
Debt to equity
8.35▲
2024 · 2.86
ROE
-61.4%▼
2024 · 8.1%
Interest coverage
4.08▼
2024 · 4.54
Debt ≤ 1 year
€1.1m▲
2024 · €628,040
Debt > 1 year
€331,935▲
2024 · €105,163
Income taxes
-€2,317▼
2024 · €13,974
Staff costs
€336,059▲
2024 · €268,707
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 2 | 3 | 5 | 7 |
| full-time | 2 | 3 | 5 | 7 |
| part-time | - | - | - | 0 |
| in full-time equivalents | 2 | 3 | 5 | 7 |
| Average over the year, in full-time equivalents | 1.4 | 3 | 5.2 | 6.1 |
| On a permanent contract | 2 | 3 | 4 | 5 |
| Joined | 1 | - | - | 16 |
| Left | 0 | - | - | 14 |
| Training hours | - | - | - | 4 |
Source: social balance sheet in the 2022 to 2025 annual accounts
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Debts guaranteed by Belgian public bodies | - | - | - | - | €201,033 |
| Pledge on other assets, amount secured | - | - | - | - | €459,570 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €3,278 | €133,479 | €13,083 | €178,973 | €235,989 |
| Intangible fixed assets | - | - | €75,000 | - | - |
| Financial fixed assets | - | €10,000 | €38,402 | €39,000 | €8,834 |
| Depreciation and write-downs of the year | €16,645 | €16,766 | €25,760 | €48,074 | €57,048 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €2,215 | €55,022 | €153,747 | €268,707 | €336,059 | ▲ 25.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €29,917 | €31,336 | €14,182 | €16,645 | €16,766 | €25,760 | €48,074 | €57,048 | ▲ 18.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | - | - | €7,004 | €112,073 | ▲ 16× |
| Other operating charges640/8 | - | - | - | €865 | €4,736 | €1,741 | €2,703 | €10,439 | ▲ 286% |
| Non-recurring operating charges66A | - | - | - | - | - | - | - | €25,164 | - |
| Gross operating margin9900 | €44,897 | €61,355 | €11,457 | €48,200 | €136,141 | €250,139 | €386,391 | €590,019 | ▲ 52.7% |
| Operating profit (loss)9901 | €14,088 | €29,127 | -€4,131 | €28,474 | €59,616 | €68,891 | €59,903 | €49,237 | ▼ 17.8% |
| Financial income75/76B | - | - | - | €0 | €102 | €663 | €54 | €268 | ▲ 392% |
| Recurring financial income75 | €458 | €27 | €1 | €0 | €102 | €663 | €54 | €268 | ▲ 392% |
| Financial charges65/66B | - | - | - | €9,018 | €9,656 | €10,546 | €23,771 | €156,080 | ▲ 557% |
| Recurring financial charges65 | €3,842 | €5,579 | €5,943 | €9,018 | €9,656 | €10,546 | €23,771 | €26,080 | ▲ 9.7% |
| Non-recurring financial charges66B | - | - | - | - | - | - | - | €130,000 | - |
| Profit (loss) for the period before taxes9903 | €10,704 | €23,575 | -€10,073 | €19,457 | €50,062 | €59,008 | €36,187 | -€106,575 | - |
| Income taxes67/77 | €3,544 | €4,500 | €145 | €5,313 | €9,019 | €19,550 | €13,974 | -€2,317 | - |
| Profit (loss) for the period9904 | €7,160 | €19,075 | -€10,218 | €14,144 | €41,044 | €39,458 | €22,212 | -€104,258 | - |
| Transfer from tax-exempt reserves789 | - | - | - | €36,510 | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €7,160 | €19,075 | -€10,218 | €50,654 | €41,044 | €39,458 | €22,212 | -€104,258 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.3m | €0.4m | €0.5m | €0.5m | €0.5m | €0.7m | €1.1m | €1.6m | ▲ 49.9% |
| Fixed assets21/28 | €0.2m | €0.2m | €0.3m | €0.3m | €0.4m | €0.5m | €0.6m | €0.8m | ▲ 29.2% |
| Intangible fixed assets21 | €0.02m | €0.02m | €0.07m | €0.06m | €0.04m | €0.1m | €0.09m | €0.08m | ▼ 13.8% |
| Tangible fixed assets22/27 | €0.04m | €0.02m | €0.04m | €0.03m | €0.1m | €0.1m | €0.3m | €0.5m | ▲ 70.9% |
| Plant, machinery and equipment23 | - | - | - | €0.03m | €0.04m | €0.04m | €0.06m | €0.1m | ▲ 113% |
| Furniture and vehicles24 | - | - | - | €0.002m | €0.001m | €0.001m | €0.006m | €0.004m | ▼ 25.9% |
| Other tangible fixed assets26 | - | - | - | €0.001m | €0.09m | €0.08m | €0.2m | €0.3m | ▲ 61.4% |
| Financial fixed assets28 | €0.1m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.3m | €0.3m | ▲ 2.7% |
| Current assets29/58 | €0.1m | €0.2m | €0.2m | €0.2m | €0.1m | €0.2m | €0.4m | €0.8m | ▲ 81.4% |
| Amounts receivable after more than one year29 | - | - | - | - | - | - | €0.1m | €0 | ▼ 100% |
| Other amounts receivable291 | - | - | - | - | - | - | €0.1m | €0 | ▼ 100% |
| Stocks and contracts in progress3 | €0.003m | €0.003m | €0.003m | €0.001m | €0.02m | €0.05m | €0.06m | €0.06m | ▲ 16.2% |
| Stocks30/36 | - | - | - | €0.001m | €0.02m | €0.05m | €0.06m | €0.06m | ▲ 16.2% |
| Amounts receivable within one year40/41 | €0.07m | €0.1m | €0.1m | €0.04m | €0.06m | €0.1m | €0.2m | €0.5m | ▲ 133% |
| Trade receivables40 | - | - | - | €0.004m | €0.02m | €0.01m | €0.1m | €0.4m | ▲ 221% |
| Other amounts receivable41 | - | - | - | €0.04m | €0.04m | €0.1m | €0.08m | €0.07m | ▼ 17.8% |
| Cash at bank and in hand54/58 | €0.03m | €0.03m | €0.03m | €0.1m | €0.06m | €0.01m | €0.02m | €0.08m | ▲ 266% |
| Deferred charges and accrued income490/1 | - | - | - | €0.004m | €0.005m | €0.003m | €0.006m | €0.1m | ▲ 16× |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.3m | €0.4m | €0.5m | €0.5m | €0.5m | €0.7m | €1.1m | €1.6m | ▲ 49.9% |
| Equity10/15 | €0.1m | €0.2m | €0.2m | €0.2m | €0.2m | €0.3m | €0.3m | €0.2m | ▼ 38.1% |
| Contributions10/11 | €0.02m | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.1m | €0.1m | €0.1m | €0.2m | €0.2m | €0.2m | €0.3m | €0.3m | = |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Distributable reserves133 | - | - | - | €0.2m | €0.2m | €0.2m | €0.3m | €0.3m | = |
| Profit (loss) carried forward14 | - | - | - | - | - | - | - | -€0.1m | - |
| Amounts payable17/49 | €0.1m | €0.2m | €0.3m | €0.3m | €0.3m | €0.4m | €0.8m | €1.4m | ▲ 80.7% |
| Amounts payable after more than one year17 | €0.06m | €0.1m | €0.2m | €0.2m | €0.2m | €0.1m | €0.1m | €0.3m | ▲ 216% |
| Financial debts170/4 | - | - | - | €0.2m | €0.2m | €0.1m | €0.1m | €0.3m | ▲ 216% |
| Amounts payable within one year42/48 | €0.07m | €0.1m | €0.1m | €0.07m | €0.1m | €0.3m | €0.6m | €1.1m | ▲ 72.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.06m | €0.07m | €0.07m | €0.1m | €0.09m | ▼ 19.5% |
| Financial debts43 | - | - | - | - | - | €0.006m | - | €0.003m | - |
| Credit institutions430/8 | - | - | - | - | - | €0.006m | - | €0.003m | - |
| Trade debts44 | €0.01m | €0.03m | €0.005m | €0.01m | €0.03m | €0.2m | €0.2m | €0.6m | ▲ 160% |
| Suppliers440/4 | - | - | - | €0.01m | €0.03m | €0.2m | €0.2m | €0.6m | ▲ 160% |
| Advances received on contracts in progress46 | - | - | - | - | - | - | - | €0.009m | - |
| Taxes, remuneration and social security45 | - | - | - | €0.004m | €0.008m | €0.03m | €0.05m | €0.03m | ▼ 44.6% |
| Taxes450/3 | - | - | - | €0.004m | €30 | €0.02m | €0.03m | €0.001m | ▼ 94.5% |
| Remuneration and social security454/9 | - | - | - | - | €0.008m | €0.01m | €0.02m | €0.03m | ▲ 11.7% |
| Other amounts payable47/48 | - | - | - | - | €0.006m | €0.01m | €0.3m | €0.4m | ▲ 54.3% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | - | €0.05m | €0.002m | ▼ 95.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7,160 | €19,075 | -€10,218 | €14,144 | €41,044 | €39,458 | €22,212 | -€104,258 | - |
| + Depreciation and write-downs630 | €29,917 | €31,336 | €14,182 | €16,645 | €16,766 | €25,760 | €48,074 | €57,048 | ▲ 18.7% |
| Operating cash flow (approximation) | €37,077 | €50,412 | €3,964 | €30,789 | €57,810 | €65,218 | €70,286 | -€47,210 | - |
| Investment in fixed assets (approximation) | - | -€75,027 | -€79,541 | -€3,278 | -€110,276 | -€126,339 | -€217,972 | -€243,323 | ▼ 11.6% |
| Change in cash | - | -€3,710 | €2,442 | €110,524 | -€86,031 | -€42,731 | €8,631 | €61,297 | ▲ 610% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 2,166 companies had the same profile as Votect has now. Two years later, 94.1% were still going and 2.5% had gone bankrupt.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a small loss
94.1%
was still going
3.0%
stopped otherwise
2.5%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Votect itself: 2.6% within 12 months.
Test of the method
The method was tested on the 497,446 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 2,166 companies, not a prediction for Votect. 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.
Latest 10 of 13 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 23-07-2026 | 2026-00325590 | |
| 31-12-2024 | micro format | 15-07-2025 | 2025-00270410 | |
| 31-12-2023 | micro format | 30-07-2024 | 2024-00304411 | |
| 31-12-2022 | micro format | 26-07-2023 | 2023-00281497 | |
| 31-12-2021 | micro format | 30-06-2022 | 2022-20113363 | |
| 31-12-2020 | micro format | 20-08-2021 | 2021-51900126 | |
| 31-12-2019 | micro format | 13-03-2020 | 2020-06600239 | |
| 31-12-2018 | micro format | 22-07-2019 | 2019-35600471 | |
| 31-12-2017 | micro format | 29-06-2018 | 2018-26000275 | |
| 31-12-2016 | micro format | 20-06-2017 | 2017-19200194 |
Board & ownership
Directors
Directors
3 directors, last change in 2026
Act of 01-10-2026Merger proposal: VOTECT takes over VIETPOLAKPermanent representative: Thanh VO · Incorporation · Amendment of the articles
Filip Kuzminski
Current
Director (not named in the articles) · since 11-08-2025 · term without a fixed end · listed in the 2025 annual accounts, filed on 23-07-2026
Thanh Vo Tâm
Current
Director · listed in the 2025 annual accounts, filed on 23-07-2026
Van Woensel Karen
Current
Director · listed in the 2025 annual accounts, filed on 23-07-2026
Owners and capital
Owners
Mandate history
3 people, 3 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Filip Kuzminski |
|
| Thanh Vo Tâm |
|
| Van Woensel Karen |
|
Network & group
Holdings and subsidiaries
5 holdingsHoldings 5
Source for every holding own accounts 2025
- DELISHsubsidiaryAlsoact 01-10-2026Equity €40,746 Profit of €23,475 in 2025 (profit of €71,158 in 2024) Checked score 67100%
- Seoul South Station gentsubsidiaryEquity €76,569 Profit of €65,432 in 2025 (profit of €1,136 in 2024) Checked score 38100%
- THE CHRISTIE'SsubsidiaryAlsoact 01-10-2026Equity -€1,092 Loss of €12,523 in 2025 (profit of €20,197 in 2024) Checked score 50100%
- VietnamihrasubsidiaryAlsoact 01-10-2026Equity €17,015 Loss of €4,737 in 2025 (profit of €12,449 in 2024) Checked score 49100%
- VietpolaksubsidiaryEquity €26,900 Profit of €17,430 in 2025 (profit of €4,125 in 2024) Checked score 38100%
Board mandates elsewhere
3 board mandatesBoard mandates of VotectVotect sits on their board3
Acquisitions and mergers
2 transactionsTook over:VIETPOLAK
Took over:SEOUL SOUTH STATION GENT
Companies at the same address
5 other companiesConnections & network
3 current directorsThe board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.
This company
Company
Director
Shareholding
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Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
01-10
Gazette deed
Merger proposal: VOTECT takes over VIETPOLAKPermanent representative: Thanh VO · Incorporation · Amendment of the articles25 points ▸
Gazette deed
Merger proposal: VOTECT takes over VIETPOLAK
Permanent representative: Thanh VO · Incorporation · Amendment of the articles25 points ▸
- Board meeting, 17-09-2026
- Merger, “met fusie door overneming gelijkgestelde verrichting, artikel 12:50 WVV” (deed in Dutch), mentioned 2 times in the deed
- Incorporation, 08-10-2012
- Amendment of the articles, mentioned 3 times in the deed
- Registered-office move, Vanderkinderestraat 564A bus 13 - 1180 Ukkel
- Director in office, Kacper KUZMINSKI (director), mentioned 2 times in the deed
- Director in office, Thanh VO (director)
- Director in office, Karen VAN WOENSEL (director)
- Incorporation, 07-09-2022
- Declaration, “statuten ongewijzigd sinds oprichting” (deed in Dutch), mentioned 2 times in the deed
- Permanent representative, Thanh VO, mentioned 2 times in the deed
- Incorporation, 06-07-2023
- The act holds 13 more points.
23-07
abbreviated format · 8 days before the deadline
2025
31-12
Financial
Weakest financial yearnet -€104,258
The net result drops to -€104,258, the lowest from 2018 to 2025.
15-09
Gazette deed
Appointment: Filip Kuzminski (director)Power of attorney4 points ▸
Gazette deed
Appointment: Filip Kuzminski (director)
Power of attorney4 points ▸
- General meeting, 08-08-2025
- Director appointment, Filip Kuzminski (director (not named in the articles))
- Power of attorney, SBB Gecertificeerde Accountants en Adviseurs
- Power of attorney, SBB Bedrijfsdiensten
15-07
micro format · 16 days before the deadline
2024
30-07
micro format · 1 day before the deadline
2023
26-07
micro format · 5 days before the deadline
2022
31-12
Financial
Highest result from 2018 to 2025net €41,044 ▲190%
The net result of €41,044 is the highest of those years.
31-12
Financial
Equity above €200,000equity €212,292 ▲24%
After 2 profitable years in a row, equity reaches €212,292.
30-06
micro format · 31 days before the deadline
2021
31-12
Financial
Back to profitnet €14,144
The net result is €14,144, after one loss-making year.
31-12
Financial
Liquidity more than doubledcurrent ratio 2.63
The current ratio rises from 1.18 to 2.63. Short-term debt falls from €142,386 to €72,025.
Show earlier events
20-08
micro format · 20 days late
2020
13-03
micro format · 140 days before the deadline
2019
31-12
Financial
Equity above €150,000equity €167,323 ▲12.9%
With a profit in every financial year since 2018, equity grows to €167,323.
22-07
micro format · 9 days before the deadline
2018
29-06
micro format · 32 days before the deadline
2017
20-06
micro format · 41 days before the deadline
2012
24-10
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
Votect in Dutch
Enterprise number
0849.600.729
Legal form
Private limited company (pre-2019)
Status
Active, normale toestand
Founded
08-10-2012
Entity type
Legal entity
Registered office and establishments
Registered office
Vanderkinderestraat 564a, 1180 Ukkel, Belgium
Establishment units
Banh Mi, Middelweg 92, 1130 Brussel since 08-10-2012 · unit number 2.213.567.318
Seoul South Station, Europakruispunt 2, 1000 Brussel since 28-02-2024 · unit number 2.356.168.701
Seoul South Station, Baljuwstraat 104, 1050 Elsene since 01-07-2025 · unit number 2.376.374.096
Seoul South Station Brugge, Stationsplein 5, 8000 Brugge since 26-06-2026 · unit number 2.390.820.267
Seoul South Station Leuven, Alfons Smetsplein 3, 3000 Leuven since 26-06-2026 · unit number 2.390.820.366
Seoul South Station Gent, Overpoortstraat 98, 9000 Gent since 26-06-2026 · unit number 2.390.820.465
Activities
NACEBEL 2025VAT activities
56112
Limited-service restaurants, excluding mobile food services main activity
46500
Wholesale of information and communication equipment
47210
Retail sale of fruit and vegetables
56210
Event catering
62100
Computer programming
62200
Computer consultancy and computer facilities management
63910
Web portal activities
Social security (RSZ) activities
56112
Limited-service restaurants, excluding mobile food services main activity
Codes under NACEBEL 2008
VAT activities
56102
Limited-service restaurants main activity
46510
Wholesale trade
47810
Retail trade
56210
Catering
62010
Computer programming, consultancy and related activities
62020
IT consultancy
62030
Computer programming, consultancy and related activities
63120
Computing infrastructure, data processing, hosting and other information service activities
Social security (RSZ) activities
56102
Limited-service restaurants main activity
Joint committee
302 Paritair Comité voor het hotelbedrijf annual accounts 2025
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 01-10-2026 (in Dutch)
“Alle beheer, management, deelname of belangenmenging rechtstreeks of onrechtstreeks in bestaande nog op te richten vennootschappen van welke…”
21 activities
- Alle beheer, management, deelname of belangenmenging rechtstreeks of onrechtstreeks in bestaande nog op te richten vennootschappen van welke vorm of doel ook
- De vennootschap kan de functie van bestuurder of vereffenaar in andere vennootschappen uitoefenen
- Het deelnemen in alle bestaande of op te richten vennootschappen of ondernemingen door middel van inbreng in speciën of in natura, fusie, inschrijving, deelneming, financiële tussenkomst of op enige andere wijze, evenals het verkrijgen, beheren en exploiteren van onroerende goederen en roerende goederen en effecten, zowel voor eigen rekening als voor rekening van derden
- De vennootschap mag het bestuur waarnemen en toezicht en controle uitoefenen over alle verbonden of vennootschappen, met dewelke een of andere band van deelneming bestaat en mag aan deze vennootschappen alle leningen van gelijk welke vorm en voor gelijk welke duur toestaan
- Het verrichten van commerciële, industriële of financiële handelingen die rechtstreeks of onrechtstreeks in verband staan met haar doel, met inbegrip van de onderaanneming in het algemeen en de uitbating van alle intellectuele rechten en industriële of commerciële eigendommen die er betrekking op hebben. Zij mag alle roerende en onroerende goederen als investering verwerven, zelfs als deze noch rechtstreeks noch onrechtstreeks verband houden met haar doel
- De vennootschap mag haar doel verwezenlijken zowel in binnen- als buitenland, op de wijze die zij het meest geschikt acht
- Het doel van de vennootschap mag worden uitgebreid of beperkt door middel van een wijziging van e statuten, overeenkomstig de voorwaarden voorzien van artikel 70bis van gecoördineerde wetten op handelsvennootschappen
- De aan- en verkoop, groot- en kleinhandel, import en export, huur en verhuur, ontwikkeling en configuratie van alle soorten hard- en software en alle andere IT-toepassingen en licenties, en dit in de ruimste zin van het woord
- Systeem- en netwerkbeheer en programmatie
- Het verlenen van diensten in business & IT consultancy en verkoop & management
- Het geven en organiseren van opleidingen
- Hosting en housing
- Het aankopen, verkopen, beheren en verhuren van eigen roerende en onroerende goederen, alsook de huurfinanciering van eigen onroerende goederen aan derden, de renovatie van eigen onroerende goederen, het oprichten van alle gebouwen en constructies, het aanleggen en onderhouden van alle terreinen en aanhorigheden
- Alle activiteiten in de horecasector en het horecabedrijf in de ruimste zin van het woord, omvattende:
- Aan- en verkoop, import en export, groot en kleinhandel, ambulante handel in alle voedingswaren en dranken, zowel alcoholische dranken als andere
- Het uitbaten en inrichten, van één of meerdere vaste of mobiele snelbuffetten, snackbars, sandwichbars, hamburgerrestaurants, food-trucks met binnenlandse en buitenlandse gerechten, hotdogstalletjes, frietkramen, croissanteries, wafelkramen, teamrooms, drive-in restaurants, met inbegrip van verkoop aan de toog van voedingswaren en dranken die ter plaatse verbruikt worden en/of, in het algemeen in een wegwerpverpakking aangeboden worden, alsook verkoop via telefoon, fax of internet van etenswaren en dranken die worden afgehaald en thuisbezorgd
- Het uitbaten en inrichten van één of meerdere eet- en drankgelegenheden in het algemeen waaronder onder meer restaurants, mobiele restaurants en bars, restaurants van het traditionele type, spijshuizen, snackbars en fast food-zaken, verbruikerssalons, teamrooms, cafés, bars, tavernen evenals alle drankgelegenheden allerhande al dan niet met alcoholhoudende dranken en sterke dranken, feestzalen, kortom alle activiteiten in de horecasector en het horecabedrijf in de ruimste zin van het woord, met inbegrip van de verkoop van tabaks- en rookwaren, zichtkaarten, suikergoedwaren, belegde broodjes, snoepgoed, snuisterijen en fantasieartikelen evenals luxeartikelen
- De groot- en kleinhandel in, de aan- en verkoop, de im- en export, het huren en verhuren, de herstelling, het onderhoud, de installatie en de uitbating van alle horecatoestellen, uitrusting en toebehoren
- Het organiseren van allerhande feesten, banketten, barbecues en alle andere activiteiten die daarmee rechtstreeks of onrechtstreeks verband houden
- Het huren en verhuren, het ter beschikking stellen van mobiele snackbars en kramen
- Catering, uitzendkoks en verzorgen van feesten en recepties, alle traiteurdiensten en aanverwante activiteiten zoals het klaarmaken, thuisbezorgen en eventueel serveren van maaltijden en bereide schotels en alle toebehoren
Invoicing and payment
VAT number
BE 0849.600.729
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Recognitions · licences · registrations
Food safety, FASFC
6 sitesBrusselunit number 2.213.567.318
Bruggeunit number 2.390.820.267
Brusselunit number 2.356.168.701
Elseneunit number 2.376.374.096
Show 2 more sites
Gentunit number 2.390.820.465
Leuvenunit number 2.390.820.366
Sites & property
Location
Buildings and parcels at the addresses
Ground area
1.3 ha
Building footprint
9,871 m²
Building volume
118,654 m³
Tallest building: 42.3 m.
Flanders
3
(50%)
Brussels
3
(50%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21804D1049/00D002 | Brussels | 4,348 m² | 1 · 4,347 m² | 26.2 m · 7 |
| 31512B0005/02F000 | Flanders | 3,832 m² | 1 · 4,463 m² | 14.6 m · 2 |
| 24502B1007/00W000 | Flanders | 3,426 m² | 1 · 163 m² | 10.5 m · 3 |
| 21612C0001/00N053 | Brussels | 676 m² | 1 · 612 m² | 21.3 m · 6 |
| 21447B0216/00K005 | Brussels | 283 m² | 1 · 195 m² | 20.7 m · 3 |
| 44805E0577/00F000 | Flanders | 91 m² | 1 · 91 m² | 42.3 m · 4 |
2 of these parcels carry protected heritage. Expect extra rules on renovation or sale.