VOLTECO
ActiveSummary
VOLTECO has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.08M and a net result of €429k. Equity is growing by ~44.3% per year across the filed fiscal years. Its solvency ranks better than 42% of 3549 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability86▼-14
Solvency60▼-15
Growth78=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70k at 30 days acceptable
Liquidity tight (current ratio 1.48 against 2.34 in 2023; short-term debt: 45.5% and cash: 21.7% of total assets), and 65.1% of the assets are financed with debt.
Credit advice 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
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
34.9%
Return on assets
13.8%
Age of the figures
21 mo
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 · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-07-2025, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
9 d early
2023
20 d late
2022
31 d late
2021
91 d late
2020
25 d early
2019
15 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€429k▼ 77.8%
2023 · €1.93M
2018: €22k
2019: €50k
2020: €249k
2021: €323k
2022: €608k
2023: €1.93M
2018 → 2024
Working capital
€677k▼ 55.1%
2023 · €1.51M
2018: €104k
2019: €183k
2020: €272k
2021: €613k
2022: €1.48M
2023: €1.51M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€247k-€451k▲ 82.8%€682k▲ 51.0%€1.86M▲ 173%€1.08M▼ 41.8%
Operating result€325k-€420k▲ 29.2%€783k▲ 86.5%€2.57M▲ 229%€590k▼ 77.1%
Net result€249k-€323k▲ 29.5%€608k▲ 88.6%€1.93M▲ 218%€429k▼ 77.8%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 77% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €3.10M
Fixed assets
€1.01M ▼ 9.2%
Current assets
€2.09M ▼ 20.6%
Equity and liabilities €3.10M
Equity
€1.08M ▼ 41.8%
Debt
€2.02M ▲ 6.9%
Debt's share of the balance-sheet total rises from 50.4% to 65.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€725k▼
2023 · €2.68M
Cash flow
€564k▼
2023 · €2.04M
Current ratio
1.48▼
2023 · 2.34
Quick ratio
1.29▼
2023 · 1.84
Debt to equity
1.87▲
2023 · 1.02
ROE
39.7%▼
2023 · 104.0%
ROA
13.8%▼
2023 · 51.6%
Interest coverage
29.77▼
2023 · 110.09
Debt ≤ 1 year
€1.41M▲
2023 · €1.12M
Debt > 1 year
€478k▼
2023 · €608k
Income taxes
€145k▼
2023 · €626k
Staff costs
€501k▼
2023 · €895k
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 · 2024 against 2023 · 56 lines
Balance sheet
Code20232024
Assets
Total assets20/58€3.75M€3.10M▼
Fixed assets21/28€1.11M€1.01M▼
Intangible fixed assets21€6k€4k▼
Tangible fixed assets22/27€1.09M€914k▼
Land and buildings22€793k€703k▼
Plant, machinery and equipment23€30k€24k▼
Furniture and vehicles24€270k€187k▼
Financial fixed assets28€15k€94k▲
Current assets29/58€2.63M€2.09M▼
Stocks and contracts in progress3€565k€270k▼
Stocks30/36€565k€270k▼
Amounts receivable within one year40/41€390k€383k▼
Trade receivables40€265k€327k▲
Other amounts receivable41€125k€56k▼
Current investments50/53-€759k
Cash at bank and in hand54/58€1.66M€672k▼
Deferred charges and accrued income490/1€18k€5k▼
Equity and liabilities
Total equity and liabilities10/49€3.75M€3.10M▼
Equity10/15€1.86M€1.08M▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€1.84M€1.06M▼
Amounts payable17/49€1.89M€2.02M▲
Amounts payable after more than one year17€608k€478k▼
Financial debts170/4€608k€478k▼
Amounts payable within one year42/48€1.12M€1.41M▲
Current portion of amounts payable after more than one year42€112k€53k▼
Trade debts44€121k€39k▼
Suppliers440/4€121k€39k▼
Advances received on contracts in progress46-€21k
Taxes, remuneration and social security45€83k€36k▼
Taxes450/3€26k€4k▼
Remuneration and social security454/9€58k€32k▼
Other amounts payable47/48€809k€1.26M▲
Accrued charges and deferred income492/3€156k€129k▼
Income statement
Code20232024
Non-recurring operating income76A-€6k
Remuneration, social security and pensions62€895k€501k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€104k€135k▲
Other operating charges640/8€12k€7k▼
Gross operating margin9900€3.58M€1.23M▼
Operating profit (loss)9901€2.57M€590k▼
Financial income75/76B€10k€8k▼
Recurring financial income75€10k€8k▼
Financial charges65/66B€24k€24k▲
Recurring financial charges65€24k€24k▲
Profit (loss) for the period before taxes9903€2.56M€574k▼
Income taxes67/77€626k€145k▼
Profit (loss) for the period9904€1.93M€429k▼
Profit (loss) for the period to be appropriated9905€1.93M€429k▼
Appropriation of the result
Profit (loss) to be appropriated9906€2.59M€2.27M▼
Profit (loss) brought forward from the previous period14P€661k€1.84M▲
Profit to be distributed694/7€756k€1.21M▲
Return on contributions (dividend)694€756k€1.21M▲
Social balance
Average headcount (FTE)908716.811.8▼
The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
20-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 20 days late
2023
31-12
Financial
Highest result since 2018net €1.93M ▲218%
Operating result €2.57M, net result €1.93M, both a record.
31-12
Financial
Equity above €1MEq €1.86M ▲173%
6 profitable years in a row build equity to €1.86M.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
31-12
Financial
Equity above €500kEq €682k ▲51%
5 profitable years in a row build equity to €682k.
30-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 91 days late
2021
06-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Equity above €200kEq €247k ▲174%
3 profitable years in a row build equity to €247k.
16-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
07-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
01-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Soignies · 1 establishment unit since 2015
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.
Chemin de l'Ile du Diable 117060 SoigniesGround area
2,077 m²
Building footprint
766 m²
Parcel 55040A0753/00A000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Volteco
since 20152.238.633.801
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55040A0753/00A000 | Wallonia | 2,077 m² | 1 · 766 m² | - |
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.
Recognitions · licences · registrations
Recognised contractor
16 categoriesVOLTECO SRL41051
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NUBIS
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GALILEO ENERGY
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VACAL
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Of 22,821 companies in sector 43211 we hold annual accounts for 10,326. 4,436 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-01-2015
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:info@volteco.be