Vocvo
Vocvo has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €336k and a net result of €-3k. Equity is growing by ~25.5% per year across the filed fiscal years. Its solvency ranks better than 46% of 9900 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
| Equity | €336k |
| Net result | €-3k |
| Staff (FTE) | 25.3 |
| Better than sector | 46% |
Mixed profile: strong on stability, weaker on profitability.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 34.4% | 37.6% | |
| Net result | €-3k | €31k | |
| Equity | €336k | €261k | |
| Gross operating margin | €2.16M | €227k | |
| Staff costs | €2.12M | €159k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | abbreviated schema | abbreviated schema | abbreviated schema | abbreviated schema | abbreviated schema |
| Revenue | - | - | - | - | - |
| EBITDA | €12k | €276k | €38k | €26k | €225k |
| Net profit | €-3k | €233k | €-16k | €-32k | €144k |
| Cash flow | €1k | €262k | €23k | €13k | €209k |
| Staff costs | €2.12M | €1.96M | €2.13M | €1.94M | - |
| Income taxes | - | - | - | - | - |
| Dividends | - | - | - | - | - |
| Total assets | €977k | €1.21M | €2.30M | €3.58M | €2.99M |
| Equity | €336k | €339k | €106k | €122k | €155k |
| Debt | €642k | €871k | €2.19M | €3.46M | €2.84M |
| of which ≤ 1y | €434k | €423k | €1.79M | €2.58M | €2.15M |
| of which > 1y | €0 | €212k | €244k | €275k | €306k |
| Working capital | €541k | €320k | €6k | €467k | €274k |
| Employees (FTE) | 25.3 | 24.7 | 25.1 | 25.1 | 27.7 |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 2.24 | 1.76 | 1.00 | 1.18 | 1.13 |
| Quick ratio | 2.22 | 1.73 | 1.00 | 1.18 | 1.13 |
| Working capital ratio | 55.3% | 26.4% | 0.3% | 13.0% | 9.1% |
| Solvency | 34.4% | 28.0% | 4.6% | 3.4% | 5.2% |
| Debt / equity | 1.91 | 2.57 | 20.69 | 28.26 | 1.98 |
| Long-term debt ratio | 0.00 | 0.62 | 2.30 | 2.25 | 1.98 |
| Interest coverage | 1.13 | 19.70 | 2.59 | 1.92 | - |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | -0.3% | 19.2% | -0.7% | -0.9% | 4.8% |
| ROE | -0.8% | 68.7% | -15.5% | -26.5% | 93.0% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (22 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €977k | €1.21M | €2.30M | €3.58M | €2.99M |
| Fixed assets | 21/28 | €3k | €468k | €497k | €536k | €563k |
| Tangible fixed assets | 22/27 | €3k | €468k | €497k | €536k | €563k |
| Current assets | 29/58 | €975k | €742k | €1.80M | €3.05M | €2.43M |
| Stocks & contracts in progress | 3 | €12k | €12k | €13k | €14k | - |
| Amounts receivable within one year | 40/41 | €569k | €628k | €1.75M | €2.89M | €2.38M |
| Cash & bank | 54/58 | €390k | €95k | €16k | €127k | €33k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €977k | €1.21M | €2.30M | €3.58M | €2.99M |
| Equity | 10/15 | €336k | €339k | €106k | €122k | €155k |
| Reserves | 13 | €155k | €155k | €155k | €155k | - |
| Accumulated profits (losses) | 14 | €181k | €184k | €-49k | €-32k | - |
| Amounts payable | 17/49 | €642k | €871k | €2.19M | €3.46M | €2.84M |
| Amounts payable after one year | 17 | €0 | €212k | €244k | €275k | €306k |
| Amounts payable within one year | 42/48 | €434k | €423k | €1.79M | €2.58M | €2.15M |
| Trade debts payable within one year | 44 | €49k | €62k | €83k | €42k | €29k |
| Income statement | ||||||
| Gross operating margin | 9900 | €2.16M | €2.24M | €2.17M | €1.97M | €2.81M |
| Operating result | 9901 | €8k | €247k | €-2k | €-19k | €160k |
| Financial income | 75 | €25 | €44 | €33 | €133 | €31 |
| Financial charges | 65 | €11k | €14k | €15k | €14k | €16k |
| Result before taxes | 9903 | €-3k | €233k | €-16k | €-32k | €144k |
| Net result for the period | 9904 | €-3k | €233k | €-16k | €-32k | €144k |
| Result to be appropriated | 9905 | €-3k | €233k | €-16k | €-32k | €144k |
-
Benedicte De BockDirector (executive)State Gazette act 24021668 (02-02-2024)Current20-11-2023 → present
-
Kristien BaertChairState Gazette act 24021668 (02-02-2024)Current07-11-2023 → present
-
An-Sofie VanhoucheDirectorState Gazette act 23004095 (06-01-2023)Current28-11-2022 → present
-
Anje Van BiesenDirectorState Gazette act 23004095 (06-01-2023)Current28-11-2022 → present
-
Ludwig WillaertDirectorState Gazette act 23004095 (06-01-2023)Current28-11-2022 → present
Permanent representatives (2)
-
Ligo Limburg ZuidLegal entityPermanent representative· perm. rep.: Stefan Van BrabantState Gazette act 23004095 (06-01-2023)Permanent representative28-11-2022 → present
2 events
- 28-11-2022 Resigned· Permanent representative
- 28-11-2022 Appointed· Permanent representative
-
Ligo Open School MechelenLegal entityPermanent representative· perm. rep.: Ronny Van HouplinesState Gazette act 23004095 (06-01-2023)Permanent representative28-11-2022 → present
2 events
- 28-11-2022 Resigned· Permanent representative
- 28-11-2022 Appointed· Permanent representative
Former directors (3)
-
Martin Van OvermeirChairState Gazette act 24021668 (02-02-2024)Former- → 07-11-2023
-
Inge Van AckerDirector (executive)State Gazette act 24021668 (02-02-2024)Former- → 06-11-2023
-
Anne BogaertsDirectorState Gazette act 23004095 (06-01-2023)Former- → 28-11-2022
| NACE primary | Retail sale of newspapers and periodicals(47621) |
| Legal form | Non-profit association(017) |
| Incorporation | 27-09-1990 |
| Status | Active |
| Postal code | 2800 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12025B0189/00E000 | Flanders | 85 m² | 1 · 85 m² | 13.8 m · 4 fl. |
We know of 15 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
02-02-2024 2 directors appointed, 2 resigning
- Kristien Baert, Voorzitter
- Benedicte De Bock, Directeur
- Martin Van Overmeir, Voorzitter
- Inge Van Acker, Directeur
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}06-01-2023 5 directors appointed, 3 resigning
- An-Sofie Vanhouche, Bestuurder
- Anje Van Biesen, Bestuurder
- Ludwig Willaert, Bestuurder
- Steven Van den Eynde, Vaste vertegenwoordiger
- Marissa Martens, Vaste vertegenwoordiger
- Anne Bogaerts, Bestuurder
- Ronny Van Houplines, Vaste vertegenwoordiger
- Stefan Van Brabant, Vaste vertegenwoordiger
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}| Legal nameNL | Vocvo |
| AbbreviationNL | Vocvo |