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VULKAN

Active Private limited company (pre-2019)founded 2009active for 16 yearsHeidestraat 7 D, 3500 HasseltKBO/BCE: BE 0821.019.480

Lifetime

16 annual accounts with figures on one time axis
peak €125,383 (2017)
€2,842▲ 74.1%
lowest -€24,052 (2021)
€1,320▼ 5.7%
peak €65,508 (2020)
€46,047▲ 3.0%
€12,649▲ 19×
peak 1 FTE (2016)
-not published
Board2 names since 2009
2 directors and 1 other
Owners2 names in the annual accounts
  
Documentsfilings and deeds
29-10-202694 days before the deadline
2026micro format
Gross margin from €1,632 to €2,842Registered office moved from Genk to Hasselt 12-01Debts from €658 to €12,649Cash from €61 to €7,225

Key points

from the 2026 annual accounts

Equity

€46,047 ▲ 3.0%

VULKAN has made a profit without a break since 2022.

Turnover

≈ €19,000 estimated

The micro format states no turnover.

Investments

€10,684 7.4 × depreciation

Green is investment, beige is depreciation.

Liquidity

3.91 was 68.93 in 2025

Short-term debts rose from €658 to €12,649.

Filings

16 annual accounts since 2011
deadline201520202025

Two of the last ten came late. The 2021 accounts came latest: 22 days after the end of the period.

Position in the sector

78.5%

Higher solvency than 81% of companies in fabricated metal products. Sector median 55.5% · 85 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 10,902 companies had the same profile as VULKAN has now. Each dot stands for 28 companies, two years later.

95.2%
were still trading
4.0%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
Test of the method

The method was tested on the 497,331 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

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 10,902 companies, not a prediction for VULKAN. 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.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, since 26-11-2009
Director, since 26-11-2009
  • 50%annual accounts 30-06-2018
  • 50%annual accounts 30-06-2018
Board & ownership

Recent changes

Registered office moved from Genk to Hasselt New registered office: Heidestraat 7D, unit 4 te 3500 Hasselt · Previous registered office: Jan Latoslaan 7 te 3600 Genk · Board meeting of 17-12-2025 · Gazette deed
Incorporation published on 10-12-2009 · Gazette deed
First establishment Heidestraat 7D/unit 5, Hasselt
All 26 events

Comparable companies

same main activity, similar in size and age
Company
VULKAN Hasselt €58,696 €2,842 78.5% -
EcoThermo Leopoldsburg €80,026 €4,081 56.1% -
ECOMINDED Oudsbergen €82,356 €4,492 74.4% -
MERICONSTRUCT Zedelgem €44,303 €2,136 16.3% -
Eddy Verheijen Lille €65,601 €5,152 -5.4% -
NIGI Sint-Truiden €45,813 €6,335 -93.2% -
EECKHOUT CONSTRUCT Schilde €45,336 €4,570 49.2% -

These companies have the same main activity as VULKAN: manufacture of metal structures and parts of structures (NACE 25110). They are comparable in size and age: total assets between €44,300 and €82,400, founded between 2005 and 2011.

Official details

Source: KBO
Status
Active since 26-11-2009Normal situation
Activity
Manufacture of metal structures and parts of structuresNACE 25110and 6 others
Establishment unit
2.183.536.4153500 Hasselt, since 26-11-2009
Financial year end
30 June
Peppol
Not found in the Peppol Directory
Company details

Annual accounts to 30-06-2026

€58,696▲ 29.3%
Filing
Filed on 29-10-2026, 94 days before the end of the filing period
Financials

Insights on VULKAN

VULKAN files the micro format. That format states no turnover. The gross margin rose from -€2,194 in 2011 to €2,842 in 2026.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about VULKAN

What is the company number of VULKAN?
The company number of VULKAN is 0821.019.480. The VAT number is the same number with BE in front: BE 0821.019.480.
Where is VULKAN based?
The registered office is at Heidestraat 7 D, 3500 Hasselt.Company details
What does VULKAN do?
According to the KBO register, the main activity is manufacture of metal structures and parts of structures (NACE 25110).
What is the legal form of VULKAN?
VULKAN is a private limited company (pre-2019) (BVBA).
When was VULKAN founded?
VULKAN was founded on 26-11-2009.
Is VULKAN still active?
Yes, VULKAN is an active enterprise in the KBO register.
What is the turnover of VULKAN?
The turnover in financial year 2026 is ≈ €19,000. This figure is estimated from the gross margin of €2,842 and 35 comparable companies (NACE 25). It probably lies between €8,100 and €38,000. It is a rough estimate.Financials
Is VULKAN profitable?
In financial year 2026, VULKAN made a profit of €1,320.
Where can I find the annual accounts of VULKAN?
VULKAN filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of VULKAN due?
VULKAN must file the annual accounts for financial year 2027 by 31-01-2028.Timeline

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