Vulcarpneu

Active

Private limited companyfounded 20206 yrs activeRue de Couillet 93, 6200 Châtelet, BelgiumKBO/BCE: BE 0754.848.357

Summary

The annual accounts of Vulcarpneu for fiscal year 2025 show a net loss of 51% of the equity at the start of that year. The 2025 annual accounts show equity of €3,446 and a net result of -€3,652. Equity is shrinking by ~49.7% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 20% of 12918 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.8% (low).

Risk analysisWatch Report Compare

VulcarpneuActiveChecked score 54/100

Risk analysis Report Compare

Activity

Wholesale of motor vehicle parts and accessories

NACE 46720NACE 45201NACE 45310

2 sites

Size

€456,155total assets 2025

Equity: €3,446
Loss: -€3,652

Turnover not published (abridged schema)

Financial health

54 Fair Checked score 2025

Bankruptcy chance 12 m: 0.8%

Structure

Accounts filed 25 d late0 of 3 deeds read

Why 54Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year- Founded in 2020- Equity €3,446 (0.8% of total assets)+ Size: total assets €456,155+ Figures for FY 2025 (filed 25-08-2026)Show the evidence

Checked score

Score 2025

54 / 100

Fair

Probability in this band: 1.5% to 4.2%

Better than 22% of its sector peers (NACE 46, micro)

Performance against the sector, not lower risk

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. Every signal that weighs is under Signals.

Financial strength · tick = 2024

Weak

Solvency 26-1

equity 0.8% of total assets

Liquidity 14-8

short-term debt 77.0% · cash 4.4%

Profitability 64+9

return on assets -0.8%

Bankruptcy probability, 12 months

0.8% Low

0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,788 companies)

Last 24 months 11-2024: 1.4% 12-2024: 1.4%● 0.0% vs 11-2024 01-2025: 1.3%▼ -1.3% vs 12-2024 02-2025: 1.4%▲ +1.5% vs 01-2025 03-2025: 1.4%▲ +2.7% vs 02-2025 04-2025: 1.4%▲ +1.9% vs 03-2025 05-2025: 1.6%▲ +10.9% vs 04-2025 06-2025: 1.6%▲ +1.8% vs 05-2025 07-2025: 1.6%▲ +1.4% vs 06-2025 08-2025: 2.1%▲ +31.5% vs 07-2025 09-2025: 1.9%▼ -12.7% vs 08-2025 10-2025: 1.8%▼ -1.1% vs 09-2025 11-2025: 1.8%▼ -0.8% vs 10-2025 12-2025: 1.8%▼ -1.6% vs 11-2025 01-2026: 1.6%▼ -9.1% vs 12-2025 02-2026: 1.6%● 0.0% vs 01-2026 03-2026: 1.6%▼ -0.9% vs 02-2026 04-2026: 1.7%▲ +3.3% vs 03-2026 05-2026: 1.7%▲ +0.7% vs 04-2026 06-2026: 1.7%▲ +1.7% vs 05-2026 07-2026: 1.7%▼ -0.5% vs 06-2026 08-2026: 2.3%▲ +36.7% vs 07-2026highest value 09-2026: 0.8%▼ -64.9% vs 08-2026lowest value 10-2026: 0.8%● 0.0% vs 09-2026lowest value

Size: total assets €456,155 lowers the probability for this profile
Founded in 2020 raises the probability for this profile
Equity €3,446 (0.8% of total assets) raises the probability
Figures for FY 2025 (filed 25-08-2026) lowers the probability

No publishable credit limit; credit only on tighter terms

Net loss of at least half of total assets or of the equity at the start of the financial year.

Liquidity short (current ratio 0.71 against 0.72 in 2024; short-term debt: 77% and cash: 4.4% of total assets), and 99.2% of the assets are financed with debt.

How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 46, micro). Better than this share of them on solvency 17%, liquidity 14%, profitability 47%, growth against the median 9%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Size: total assets €456,155

In the bankruptcy model this factor lowers the probability for this profile.

NBB · annual accounts

Founded in 2020

In the bankruptcy model this factor raises the probability for this profile.

KBO

Equity €3,446 (0.8% of total assets)

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Figures for FY 2025 (filed 25-08-2026)

In the bankruptcy model this factor lowers the probability.

NBB · annual accounts

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 12918 sector peers (2025).

NBB · sector comparison

Position among 12918 sector peers

Solvency

better than 20%

← weakest strongest →

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 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 · 5 filings

Deviation from the deadline

2025

25 d late

2024

25 d late

2023

30 d late

2022

86 d late

2021

95 d late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 52 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)

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. Usually files around 31 August (4 of the last 5 filed years within 55 days of that day).

Companies Code · seven months

Position in the running window

03-10-2026 today31-12-2026 close31-07-2027 deadline

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

25-08-26 Annual accounts filedfiscal year 2025 · micro…
25-08-25 Annual accounts filedfiscal year 2024 · micro…
31-12-24 Back to profitnet €12,354

Key points

Caution: Among the weakest 20% on solvencysector median 41.8% · 12,918 companies 0.8% View
Total assets 20255 fiscal years filed €456,155 View
Active since 2020founded 24-09-2020 6 years View