VOLDAAN
ActiveVOLDAAN has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €142k and a net result of €69k. Equity is growing by ~62% per year across the filed fiscal years. Its solvency ranks better than 44% of 2935 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2024
65
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability85▲+8
Solvency52▲+14
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity short (current ratio 0.8 against 0.31 in 2023; short-term debt: 20.7% and cash: 7.6% of total assets), and 73% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
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 dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-08-2025, 8 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
8 d late
2023
30 d late
2022
21 d late
2021
92 d late
2020
426 d late
2019
91 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€142k▲ 95.7%
2023 · €72k
2018: €-116k
2019: €-30k
2020: €-61k
2021: €26k
2022: €35k
2023: €72k
2018 → 2024
Total assets
€525k▼ 6.9%
2023 · €564k
2018: €224k
2019: €253k
2020: €386k
2021: €637k
2022: €568k
2023: €564k
2018 → 2024
Net result
€69k▲ 84.9%
2023 · €37k
2018: €54k
2019: €86k
2020: €-31k
2021: €87k
2022: €8k
2023: €37k
2018 → 2024
Working capital
€-22k▲ 81.0%
2023 · €-115k
2018: €-188k
2019: €-97k
2020: €-150k
2021: €-155k
2022: €-140k
2023: €-115k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-61k-€26k€35k▲ 32.1%€72k▲ 107%€142k▲ 95.7%
Operating result€-27k-€114k€37k▼ 67.6%€47k▲ 26.2%€87k▲ 86.3%
Net result€-31k-€87k€8k▼ 90.3%€37k▲ 341%€69k▲ 84.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 86% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €525k
Fixed assets
€439k▼ 14.4%
Current assets
€87k▲ 67.6%
Equity and liabilities €525k
Equity
€142k▲ 95.7%
Debt
€384k▼ 22.0%
The debt ratio falls from 87.2% to 73.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€176k▲
2023 · €134k
Cash flow
€158k▲
2023 · €125k
Solvency
27.0%▲
2023 · 12.8%
Current ratio
0.80▲
2023 · 0.31
Quick ratio
0.68▲
2023 · 0.23
Debt / equity
2.71▼
2023 · 6.79
ROE
48.9%▼
2023 · 51.8%
ROA
13.2%▲
2023 · 6.6%
Interest coverage
27.85▲
2023 · 18.54
Debt
€384k▼
2023 · €492k
Debt ≤ 1 year
€109k▼
2023 · €167k
Debt > 1 year
€275k▼
2023 · €325k
Income taxes
€12k▲
2023 · €2k
Staff costs
€429k▼
2023 · €500k
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€564k€525k▼
Fixed assets21/28€512k€439k▼
Tangible fixed assets22/27€512k€439k▼
Plant, machinery and equipment23€260k€214k▼
Furniture and vehicles24€28k€24k▼
Other tangible fixed assets26€225k€201k▼
Current assets29/58€52k€87k▲
Stocks and contracts in progress3€13k€13k▲
Stocks30/36€13k€13k▲
Amounts receivable within one year40/41€17k€21k▲
Trade receivables40€13k€5k▼
Other amounts receivable41€5k€16k▲
Cash at bank and in hand54/58€14k€40k▲
Deferred charges and accrued income490/1€8k€13k▲
Equity and liabilities
Total equity and liabilities10/49€564k€525k▼
Equity10/15€72k€142k▲
Contributions10/11€19k€19k=
Reserves13€39k€109k▲
Distributable reserves133€39k€109k▲
Profit (loss) carried forward14€14k€14k=
Amounts payable17/49€492k€384k▼
Amounts payable after more than one year17€325k€275k▼
Financial debts170/4€325k€275k▼
Amounts payable within one year42/48€167k€109k▼
Current portion of amounts payable after more than one year42€50k€50k=
Trade debts44€45k€29k▼
Suppliers440/4€45k€29k▼
Taxes, remuneration and social security45€71k€29k▼
Taxes450/3€17k€23k▲
Remuneration and social security454/9€54k€7k▼
Income statement
Code20232024
Remuneration, social security and pensions62€500k€429k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€88k€89k▲
Other operating charges640/8€3k€3k▲
Gross operating margin9900€637k€608k▼
Operating profit (loss)9901€47k€87k▲
Financial income75/76B€204€596▲
Recurring financial income75€204€596▲
Financial charges65/66B€7k€6k▼
Recurring financial charges65€7k€6k▼
Profit (loss) for the period before taxes9903€40k€81k▲
Income taxes67/77€2k€12k▲
Profit (loss) for the period9904€37k€69k▲
Profit (loss) for the period to be appropriated9905€37k€69k▲
Appropriation of the result
Profit (loss) to be appropriated9906€52k€84k▲
Profit (loss) brought forward from the previous period14P€14k€14k=
Transfer to equity691/2€37k€69k▲
To other reserves6921€37k€69k▲
Social balance
Average headcount (FTE)908727.523.8▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
08-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 8 days late
2024
31-12
Financial
Equity above €100kEq €142k ▲95.7%
4 profitable years in a row build equity to €142k.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
21-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 21 days late
2022
31-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 92 days late
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 426 days late
2021
31-12
Financial
Back to profitnet €87k
Net result €87k after one loss-making year.
2020
31-12
Financial
Weakest financial yearnet €-31k ▼136%
Net result drops to €-31k, the lowest in the series; recovery starts the following year.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 91 days late
06-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 250 days late
2018
27-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 149 days late
2017
10-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
02-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 2 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are 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, Lier · 1 establishment unit since 2006
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kesselsesteenweg 1502500 LierGround area
6,784 m²
Building footprint
529 m²
Volume, LiDAR
2,087 m³
Parcel 12392B0286/00B000, Flanders · tallest building 8.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
VolDaan
since 20062.150.926.302
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12392B0286/00B000 | Flanders | 6,784 m² | 1 · 529 m² | 8.9 m · 1 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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 1,000 EUR awarded · 1,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,000 EUR | 1,000 EUR |
Schemes
Premie kwalificerend werkplekleren
Recognitions · licences · registrations
Food safety, FASFC
1 siteLier2.150.926.302
Dual-learning approval
5 live approvalsHulpkelner (vwo)
Hulpkelner duaal (so)
Keukenmedewerker (vwo)
Keukenmedewerker duaal (so)
Restaurant en keuken duaal (so)
Similar companies · same sector, comparable size
AVH FOODBOX
BE 0759.961.742
Halen · Eq €142k
RAPH COOK'S
BE 0651.610.366
Aubel · Eq €142k
CHAUFFAGE FULL SANITAIRE
BE 0819.916.650
Sint-Jans-Molenbeek · Eq €142k
DES ARTS
BE 0466.041.349
Gent · Eq €142k
Bones
BE 0640.689.156
Brugge · Eq €142k
Of 20,506 companies in sector 56111 we hold annual accounts for 11,453. 9,130 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-11-2005
Fiscal year end31-12
Activities, NACEBEL
55301
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.