VOLTECH
ActiveSummary
The computed 12-month bankruptcy probability of VOLTECH is 1.6% (moderate). The 2025 annual accounts show equity of €105k and a net result of €-8k. Equity is growing by ~9.1% per year across the filed fiscal years. Its solvency ranks better than 90% of 27965 sector peers (fiscal year 2025). The company has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability11▼-65
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 7.12 against 3.98 in 2024; short-term debt: 14% of total assets), and 14.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
85.5%
Return on assets
-6.6%
Age of the figures
18 mo
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 10-11-2025, 10 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
10 d late
2024
41 d late
2023
73 d late
2022
315 d late
2021
16 d late
2020
397 d late
2019
18 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close25-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Turnover
€284k
EBIT margin
5.5%
Net result
€-8k
2024 · €9k
2019: €5k
2020: €7k▲ +41.9% vs 2019
2021: €2k▼ -70.1% vs 2020
2022: €11k▲ +382% vs 2021
2023: €16k▲ +50.8% vs 2022highest in 7 years
2024: €9k▼ -41.5% vs 2023
2025: €-8k▼ -186% vs 2024lowest in 7 years
2019 → 2025
Working capital
€104k▼ 6.5%
2024 · €112k
2019: €67k
2020: €57k▼ -14.7% vs 2019lowest in 7 years
2021: €64k▲ +12.5% vs 2020
2022: €88k▲ +36.2% vs 2021
2023: €101k▲ +15.4% vs 2022
2024: €112k▲ +10.3% vs 2023highest in 7 years
2025: €104k▼ -6.5% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€284k
Equity€77k-€87k▲ 13.8%€103k▲ 18.3%€113k▲ 9.0%€105k▼ 7.2%
2021: €77klowest in 5 years
2022: €87k▲ +13.8% vs 2021
2023: €103k▲ +18.3% vs 2022
2024: €113k▲ +9.0% vs 2023highest in 5 years
2025: €105k▼ -7.2% vs 2024
Operating result€-893-€15k€16k▲ 6.1%€11k▼ 29.4%€-10k
2021: €-893
2022: €15k▲ +1744% vs 2021
2023: €16k▲ +6.1% vs 2022highest in 5 years
2024: €11k▼ -29.4% vs 2023
2025: €-10k▼ -191% vs 2024lowest in 5 years
Net result€2k-€11k▲ 382%€16k▲ 50.8%€9k▼ 41.5%€-8k
2021: €2k
2022: €11k▲ +382% vs 2021
2023: €16k▲ +50.8% vs 2022highest in 5 years
2024: €9k▼ -41.5% vs 2023
2025: €-8k▼ -186% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €10k after €11k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €122k
Fixed assets
€764 ▼ 46.1%
Current assets
€122k ▼ 18.5%
Equity and liabilities €122k
Equity
€105k ▼ 7.2%
Debt
€18k ▼ 53.3%
Debt's share of the balance-sheet total falls from 25.2% to 14.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-9k▼
2024 · €17k
Cash flow
€-7k▼
2024 · €15k
Current ratio
7.12▲
2024 · 3.98
Quick ratio
6.91▲
2024 · 2.95
Debt to equity
0.17▼
2024 · 0.34
ROE
-7.7%▼
2024 · 8.3%
ROA
-6.6%▼
2024 · 6.2%
Interest coverage
-11.19▼
2024 · 13.99
Debt ≤ 1 year
€17k▼
2024 · €38k
Income taxes
€154▼
2024 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€151k€122k▼
Fixed assets21/28€1k€764▼
Tangible fixed assets22/27€1k€764▼
Furniture and vehicles24€1k€764▼
Current assets29/58€149k€122k▼
Stocks and contracts in progress3€39k€4k▼
Stocks30/36€4k€4k=
Contracts in progress37€35k-
Amounts receivable within one year40/41€111k€118k▲
Trade receivables40€40k€59k▲
Other amounts receivable41€70k€59k▼
Cash at bank and in hand54/58€0-
Equity and liabilities
Total equity and liabilities10/49€151k€122k▼
Equity10/15€113k€105k▼
Contributions10/11€18k€18k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€92k€84k▼
Amounts payable17/49€38k€18k▼
Amounts payable within one year42/48€38k€17k▼
Financial debts43€1k€6k▲
Other loans439€1k€6k▲
Trade debts44€25k€9k▼
Suppliers440/4€25k€9k▼
Taxes, remuneration and social security45€4k€2k▼
Taxes450/3€1k€2k▲
Remuneration and social security454/9€3k-
Other amounts payable47/48€7k-
Accrued charges and deferred income492/3€462€660▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€655▼
Other operating charges640/8€962€536▼
Gross operating margin9900€18k€-9k▼
Operating profit (loss)9901€11k€-10k▼
Financial income75/76B€3k€3k▼
Recurring financial income75€3k€3k▼
Financial charges65/66B€1k€838▼
Recurring financial charges65€1k€838▼
Profit (loss) for the period before taxes9903€13k€-8k▼
Income taxes67/77€3k€154▼
Profit (loss) for the period9904€9k€-8k▼
Profit (loss) for the period to be appropriated9905€9k€-8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€92k€84k▼
Profit (loss) brought forward from the previous period14P€83k€92k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | €284k | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | €261k | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5k | €5k | €5k | €6k | €655 | ▼ 88.8% |
| Other operating charges640/8 | - | - | €2k | €962 | €536 | ▼ 44.3% |
| Gross operating margin9900 | €4k | €19k | €23k | €18k | €-9k | ▼ 150% |
| Operating profit (loss)9901 | €-893 | €15k | €16k | €11k | €-10k | ▼ 191% |
| Financial income75/76B | - | €0 | €4k | €3k | €3k | ▼ 1.7% |
| Recurring financial income75 | €4k | €0 | €4k | €3k | €3k | ▼ 1.7% |
| Financial charges65/66B | - | €2k | €1k | €1k | €838 | ▼ 30.5% |
| Recurring financial charges65 | €1k | €2k | €1k | €1k | €838 | ▼ 30.5% |
| Profit (loss) for the period before taxes9903 | €6k | €13k | €19k | €13k | €-8k | ▼ 162% |
| Income taxes67/77 | €4k | €3k | €3k | €3k | €154 | ▼ 95.5% |
| Profit (loss) for the period9904 | €2k | €11k | €16k | €9k | €-8k | ▼ 186% |
| Profit (loss) for the period to be appropriated9905 | €2k | €11k | €16k | €9k | €-8k | ▼ 186% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €106k | €192k | €129k | €151k | €122k | ▼ 18.8% |
| Fixed assets21/28 | €13k | €9k | €6k | €1k | €764 | ▼ 46.1% |
| Tangible fixed assets22/27 | €13k | €9k | €6k | €1k | €764 | ▼ 46.1% |
| Furniture and vehicles24 | - | €9k | €6k | €1k | €764 | ▼ 46.1% |
| Current assets29/58 | €93k | €183k | €123k | €149k | €122k | ▼ 18.5% |
| Stocks and contracts in progress3 | €4k | €92k | €4k | €39k | €4k | ▼ 90.9% |
| Stocks30/36 | - | €4k | €4k | €4k | €4k | = |
| Contracts in progress37 | - | €89k | - | €35k | - | - |
| Amounts receivable within one year40/41 | €70k | €88k | €98k | €111k | €118k | ▲ 6.6% |
| Trade receivables40 | - | - | €24k | €40k | €59k | ▲ 46.1% |
| Other amounts receivable41 | - | €88k | €74k | €70k | €59k | ▼ 16.0% |
| Cash at bank and in hand54/58 | - | - | €22k | €0 | - | - |
| Deferred charges and accrued income490/1 | - | €3k | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €106k | €192k | €129k | €151k | €122k | ▼ 18.8% |
| Equity10/15 | €77k | €87k | €103k | €113k | €105k | ▼ 7.2% |
| Contributions10/11 | - | €18k | €18k | €18k | €18k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €57k | €67k | €83k | €92k | €84k | ▼ 8.7% |
| Amounts payable17/49 | €29k | €105k | €26k | €38k | €18k | ▼ 53.3% |
| Amounts payable after more than one year17 | - | €9k | €4k | - | - | - |
| Financial debts170/4 | - | €9k | €4k | - | - | - |
| Amounts payable within one year42/48 | €29k | €95k | €22k | €38k | €17k | ▼ 54.5% |
| Financial debts43 | - | €6k | - | €1k | €6k | ▲ 446% |
| Credit institutions430/8 | - | €6k | - | - | - | - |
| Other loans439 | - | - | - | €1k | €6k | ▲ 446% |
| Trade debts44 | €19k | €88k | €19k | €25k | €9k | ▼ 63.7% |
| Suppliers440/4 | - | €88k | €19k | €25k | €9k | ▼ 63.7% |
| Taxes, remuneration and social security45 | - | €795 | €3k | €4k | €2k | ▼ 59.8% |
| Taxes450/3 | - | €795 | €3k | €1k | €2k | ▲ 34.0% |
| Remuneration and social security454/9 | - | - | - | €3k | - | - |
| Other amounts payable47/48 | - | - | - | €7k | - | - |
| Accrued charges and deferred income492/3 | - | €851 | €114 | €462 | €660 | ▲ 42.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2k | €11k | €16k | €9k | €-8k | ▼ 186% |
| + Depreciation and write-downs630 | €5k | €5k | €5k | €6k | €655 | ▼ 88.8% |
| Operating cash flow (approximation) | €7k | €15k | €21k | €15k | €-7k | ▼ 149% |
| Investment in fixed assets (approximation) | - | €-570 | €-2k | €-988 | €0 | ▲ 100% |
| Change in cash | - | - | - | €-22k | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
10-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 10 days late
31-03
Financial
Weakest financial yearnet €-8k
Net result drops to €-8k, the lowest in the series.
2024
11-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 41 days late
12-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 73 days late
2023
11-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 315 days late
31-03
Financial
Highest result since 2019net €16k ▲50.8%
Operating result €16k, net result €16k, both a record.
31-03
Financial
Liquidity triplescurrent ratio 5.66
Current ratio from 1.92 to 5.66; short-term debt falls from €95k to €22k.
31-03
Financial
Equity above €100kEq €103k ▲18.3%
5 profitable years in a row build equity to €103k.
2021
02-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 397 days late
16-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 16 days late
2019
18-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 18 days late
04-01
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 65 days late
2018
01-01
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 62 days late
2016
30-11
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Ukkel · 1 establishment unit since 2002
Ground area
435 m²
Building footprint
337 m²
Volume, LiDAR
5,775 m³
2 parcels, Brussels · tallest building 24.3 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
Langehaagstraat 29, 1000 Brussel
since 20022.094.617.703
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0051/00R002 | Brussels | 295 m² | 1 · 264 m² | 24.3 m · 7 fl. |
| 21616G0143/00R008 | Brussels | 140 m² | 1 · 73 m² | 12.3 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 22,815 companies in sector 43211 we hold annual accounts for 10,325. 8,788 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded05-12-2001
Fiscal year end31-03
Activities, NACEBEL 2025
43211General electrical installation work
Scores and ratios are computed by Checked and are not a credit decision.