August Vermeylenfonds

Non-profit associationfounded 194581 yrs activeTolhuislaan 88, 9000 Gent, BelgiumKBO/BCE: BE 0410.893.483

August Vermeylenfonds has been active since 1945 and the Belgian State Gazette contains no insolvency or warning signals. The 2015 annual accounts show equity of €21k and a net result of €3k. The computed 12-month bankruptcy probability is < 0.1% (very low).

Watch Print / PDF

Checked score

No current score

Figures too old

The available figures for FY 2015 are too old to assess current financial health.

Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.

Axes, FY 2015 · tick = 2014

Profitability40▲+39

Solvency34▲+2

Growth78

Track record100

Bankruptcy probability, 12 months

< 0.1% Very low

0%0.5%1.5%4%10%≥ 25%

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 90

Relative position

BE, all sectors

reference

Sector 90

lower

← fewer bankruptcies more bankruptcies →

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

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 2015

Solvency, return and age of the figures

Solvency

8.5%

Return on assets

1.1%

Age of the figures

129 mo

No filing for years

The last filed financial year closed on 31-12-2015. Since then, 10 financial years are missing. This points to a standstill, not an imminent failure.

NBB · 2 filings

Position against the passed deadline

31-12-2016 close31-07-2017 deadline16-09-2026 today

Filed after the deadline

The financial year that closed on 31-12-2015 was due by 31-07-2016 and was filed on 03-10-2016, 64 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 · 2 filings

Deviation from the deadline

2025

not confirmed

2024

not filed

2023

not filed

2022

not filed

2021

not filed

2020

not filed

2019

not filed

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2015, abbreviated schema

Equity

€21k▲ 14.3%

2014 · €18k

2014: €18k

2014 → 2015

Total assets

€246k▼ 5.6%

2014 · €261k

2014: €261k

2014 → 2015

Net result

€3k

2014 · €-38k

2014: €-38k

2014 → 2015

Working capital

€73k▲ 15.5%

2014 · €64k

2014: €64k

2014 → 2015

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20142015Trend

Equity€18k-€21k▲ 14.3%

Operating result€-50k-€5k

Net result€-38k-€3k

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2015: €5k after a loss of €50k in 2014.

Balance-sheet composition

2015 in colour, 2014 as the grey bar beneath

Assets €246k

31.8%

68.2%

Fixed assets €78k▼ 14.2%

Current assets €168k▼ 1.0%

Equity and liabilities €246k

91.5%

Equity €21k▲ 14.3%

Debt €225k▼ 7.1%

The debt ratio falls from 93.0% to 91.5%. Equity is higher and debt is lower.

Key figures and ratios

2015 value · change against 2014

EBITDA

€21k▲

2014 · €-32k

Cash flow

€19k▲

2014 · €-21k

Solvency

8.5%▲

2014 · 7.0%

Current ratio

1.77▲

2014 · 1.60

Quick ratio

1.77▲

2014 · 1.60

Debt / equity

6.22▼

2014 · 7.41

ROE

12.5%▲

2014 · -209.1%

ROA

1.1%▲

2014 · -14.7%

Debt

€225k▼

2014 · €243k

Debt ≤ 1 year

€95k▼

2014 · €106k

Debt > 1 year

€131k▼

2014 · €136k

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 · 2015 against 2014

Balance sheet Code20142015

Assets

Total assets20/58€261k€246k▼

Fixed assets21/28€91k€78k▼

Intangible fixed assets21-€2k

Tangible fixed assets22/27€90k€76k▼

Financial fixed assets28€637€492▼

Current assets29/58€170k€168k▼

Amounts receivable within one year40/41€54k€38k▼

Current investments50/53€67k€82k▲

Cash at bank and in hand54/58€48k€30k▼

Equity and liabilities

Total equity and liabilities10/49€261k€246k▼

Equity10/15€18k€21k▲

Profit (loss) carried forward14€18k€21k▲

Amounts payable17/49€243k€225k▼

Amounts payable after more than one year17€136k€131k▼

Amounts payable within one year42/48€106k€95k▼

Trade debts44€101k€89k▼

Income statement Code20142015

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€16k▼

Gross operating margin9900€319k€345k▲

Operating profit (loss)9901€-50k€5k▲

Recurring financial income75€813€554▼

Recurring financial charges65€7k€7k▲

Profit (loss) for the period before taxes9903€-56k€-2k▲

Profit (loss) for the period9904€-38k€3k▲

Profit (loss) for the period to be appropriated9905€-38k€3k▲

Download as CSV

Timeline · acts, filings and financial milestones

All 3Financial 1Filings 2

2016

03-10

NBB filing Annual accounts filed

fiscal year 2015 · abbreviated schema · 64 days late

2015

31-12

Financial Back to profitnet €3k

Net result €3k after one loss-making year.

16-06

NBB filing Annual accounts filed

fiscal year 2014 · abbreviated schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

no sitting director, no change since 2025

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

22-03-2025 Eliane Van Alboom: Resigned as Director

22-03-2025 Gilbert Roegiest: Resigned as Director

22-03-2025 Ivo Carlens: Resigned as Director

22-03-2025 Jean Trembloy: Resigned as Director

22-03-2025 Jurgen Content: Resigned as Director

22-03-2025 Karin Temmerman: Resigned as Director

24-04-2024 Koen Goethals: Resigned as Director

24-04-2024 Lien Van de Velde: Resigned as Director

24-04-2024 Mia Reynaert: Resigned as Director

24-04-2024 Trudy Emste: Resigned as Director

16-11-2019 De Vroede Kris: Resigned as Director

16-11-2019 Fraihi Tarik: Resigned as Director

10-03-2018 Claes Robert: Resigned as Director

10-03-2018 Coenegrachts Kris: Resigned as Director

10-03-2018 De Coninck Marc: Resigned as Director

10-03-2018 Dominique Verté: Resigned as Director

10-03-2018 Geert Van Goethem: Resigned as Director

10-03-2018 Lefebyre Geert: Resigned as Director

10-03-2018 Mollekot: Resigned as Director

10-03-2018 Pataer Paul: Resigned as Director

10-03-2018 Roland Laridon: Resigned as Director

10-03-2018 Steenhoudt Pierre: Resigned as Director

10-03-2018 Van Eenaeme Arsène: Resigned as Director

10-03-2018 Vercarre Etienne: Resigned as Director

+ 8 not shown in this overview

Location & real-estate footprint

Registered office, Gent · 1 establishment unit since 2007

establishment The establishment unit on the map

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.

Tolhuislaan 889000 Gent

Ground area

58 m²

Building footprint

58 m²

Volume, LiDAR

535 m³

Parcel 44021A1543/00P000, Flanders · tallest building 13.0 m, ±4 floors. Linked by address, not a title deed.

1 establishment unit

August Vermeylenfonds vzw

Tolhuislaan 88, 9000 GentSocio-cultural adult education

since 20072.159.053.615

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
44021A1543/00P000	Flanders	58 m²	1 · 58 m²	13.0 m · 4 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

2022 to 2025 · 8 entries · 1,589,178 EUR awarded · 1,551,685 EUR paid

Year	Entries	awarded	paid
2025	2	416,822 EUR	416,059 EUR
2024	2	407,069 EUR	405,918 EUR
2023	2	390,187 EUR	418,162 EUR
2022	2	375,100 EUR	311,546 EUR

Schemes

Sociaal-cultureel volwassenenwerk: Werkingssubsidie voor een sociaal-culturele volwassenenorganisatie met een werking in Vlaanderen en Brussel (Decreet Sociaal-cultureel Volwassenenwerk 2017)

4 entries · 1,457,644 EUR · 1,420,152 EUR paid · Departement Cultuur, Jeugd en Media

Cultuur: Tewerkstellingssubsidie voor een organisatie in het culturele veld volgens de Vlaamse Intersectorale Akkoorden (VIA) (Decreet Vlaamse Intersectorale Akkoorden 2004)

4 entries · 131,534 EUR · 131,533 EUR paid · Departement Cultuur, Jeugd en Media