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Armée du Salut

Active
Non-profit associationfounded 1930active for 96 yearsNieuwe Graanmarkt 34, 1000 Brussel, BelgiumKBO/BCE: BE 0406.609.449
Summary

Armée du Salut has been active since 1930 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.8m and a net result of -€504,495. Equity has been shrinking by about 9.9% per year since 2018. Its solvency ranks better than 92% of 695 sector peers (NACE 87, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 27-09-1930 Normal situation
Activity
Residential care activities NACE 87999and 1 other
Establishment units
2.156.444.810 1000 Brussel, since 27-09-1930
2.217.776.821 4032 Liège, since 01-01-2008and 5 others
Financial year end
31 December
Peppol
Reachable since 30-04-2025

Financial position

94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Turnover
€1.9m
▲ 7.6%
Deficit
€504,495
▲ 33.8%
Equity
€5.8m
▼ 8.2%
Total assets
€6.9m
▼ 8.2%
Employees on 31-12-2025
26
=
Filed on 24-06-2026, 37 days before the deadline
Score breakdownraises riskLoss of €504,495, the second in a row (financial year 2025)lowers riskLegal form: non-profit associationSector: Residential care activities (NACE 87)Founded in 1930Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 50% of small companies in residential care (NACE 87)
Financial strength · tick: 2024
Average
Solvency 100=
equity 84.0% of total assets
Liquidity 56=
short-term debt 5.6% · cash 5.1%
Profitability 10+2
return on assets -7.3%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median < 0.1% (613 companies, NACE 87, small)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025highest value 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026lowest value 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026
Credit of up to €180,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 10.81 (12.57 in 2024), above the usual 1.5. Short-term debt is 5.6% and cash 5.1% of total assets. 16% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 87, small). It does better than 91% of them on solvency, 48% on liquidity, 11% on profitability and 48% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Legal form: non-profit association
KBO
lowers risk · Sector: Residential care activities (NACE 87)
KBO
raises risk · Loss of €504,495, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Founded in 1930
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€504,495
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-06-2026, 37 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
37 days early
2024
27 days early
2023
33 days early
2022
16 days late
2021
30 days early
2020
1 day early
2019
24 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 19 days before the deadline. In the sector (NACE 87), the median for financial year 2024 was 27 days before the deadline, and 25% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 1 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: 7 loss-making years in a rowloss in financial year 2025 -€504,495 View
  • Caution: Lower net result than 93% of companies in residential caresector median €23,247 · 694 companies -€504,495 View
  • Caution: Result fell in 2025from -€377,034 to -€504,495 ▼ 33.8% View

Recent changes

  1. · Gazette deed Reappointments: Jacques DONZE, André MASENDE and 3 others
  2. · Gazette deed Resignations & appointments
  3. · Gazette deed Amendment of the articles · Resignations & appointments
All 17 events

Comparable companies

These companies have the same main activity as Armée du Salut: residential care activities (NACE 87999). They are comparable in size and age: total assets between €1.4m and €4.2m, founded between 1969 and 1998.

CompanyTotal assetsGross margin
Armée du Salut Brussel€6.9m€1.1m
De Zeshoek Lommel€2.0m€1.6m
Onthaal-, Observatie- en Oriëntatiecentrum Ter Heide Bonheiden€2.5m€2.5m
Tsedek Antwerpen€2.9m-
Federatie van Wit-Gele Kruisverenigingen van Vlaanderen Brussel€4.2m€2.8m
Cité Serine Schaarbeek€3.1m€1.7m
West-Vlaams Onthaal-Observatie- en Oriëntatiecentrum de Zandberg Jabbeke€1.4m€2.2m
Full comparison

Key facts about Armée du Salut

What is the company number of Armée du Salut?
The company number of Armée du Salut is 0406.609.449. The VAT number is the same number with BE in front: BE 0406.609.449.
Where is Armée du Salut based?
The registered office is at Nieuwe Graanmarkt 34, 1000 Brussel.Company details
What does Armée du Salut do?
According to the KBO register, the main activity is residential care activities (NACE 87999).
What is the legal form of Armée du Salut?
The legal form of Armée du Salut is Non-profit association (VZW).
When was Armée du Salut founded?
Armée du Salut was founded on 27-09-1930.
Is Armée du Salut still active?
Yes, Armée du Salut is an active enterprise in the KBO register.
How many employees does Armée du Salut have?
Armée du Salut had an average of 22.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Armée du Salut?
The turnover of Armée du Salut was €1.9m in financial year 2025, according to the filed annual accounts.
Is Armée du Salut profitable?
In financial year 2025, Armée du Salut made a loss of €504,495.
Where can I find the annual accounts of Armée du Salut?
Armée du Salut filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Armée du Salut due?
Armée du Salut must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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