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BEDNET

Active
Non-profit associationfounded 2004active for 22 yearsTiensevest 58, 3000 Leuven, BelgiumKBO/BCE: BE 0865.402.821
Summary

BEDNET has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.5m and a net result of -€105,053. Equity is growing by about 27% per year across the filed financial years. Its solvency ranks better than 95% of 484 sector peers (NACE 88, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow ReportCompare
BEDNETActiveChecked score 97/100
Risk analysis ReportCompare

Overview

Activity
Other social work without accommodation
NACE 88999Other educational support services NACE 85699
1 site
Size
€3.8mtotal assets 2025
Staff
16.3 FTE
Equity
€3.5m
Deficit
-€105,053
Turnover not published (abbreviated format)
Financial health
97 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Board
4 members
Auditor: BV CDO Leuven2025 accounts 60 days early5 of 14 deeds summarised
Why 97raises riskLoss of €105,053 (financial year 2025)lowers riskLegal form: non-profit associationLiquidity: current ratio 5.86, cash €1.5mEquity €3.5m (90.7% of total assets)Show the evidence

Checked score

Score 2025
97 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 74% of its sector peers (NACE 88, small)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 100=
equity 90.7% of total assets
Liquidity 99-1
short-term debt 9.3% · cash 39.4%
Profitability 65-29
return on assets -2.7%
Bankruptcy probability, 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% (590 companies, NACE 88, small)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 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 04-2025highest value 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 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 01-2026 03-2026: < 0.1%● unchanged vs 02-2026lowest value 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
Credit of up to €330,000 on 30-day terms is acceptable
Liquidity ample (current ratio 5.86, compared with 8.59 in 2024, above the usual 1.5; short-term debt: 9.3% and cash: 39.4% of total assets), and 9.3% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 88, small): better than 88% on solvency, 96% on liquidity, 36% on profitability and 74% on growth.

The bankruptcy probability was computed on 25-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Legal form: non-profit association
KBO
lowers risk · Liquidity: current ratio 5.86, cash €1.5m
NBB · annual accounts
raises risk · Loss of €105,053 (financial year 2025)
NBB · annual accounts
lowers risk · Equity €3.5m (90.7% of total assets)
NBB · annual accounts
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 01-06-2026, 60 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
60 days early
2024
65 days early
2023
62 days early
2022
68 days early
2021
40 days early
2020
43 days early
2019
3 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 48 days before the deadline; the sector median (NACE 88) for financial year 2024 is 24 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 31 May (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
25-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignations: Wouter Van Den Berghe (director)…Admissions: Wouter Van Den Berghe…
  2. Annual accounts filedfinancial year 2025 · abbreviated…
  3. Weakest financial yearnet -€105,053

Key points

  • Caution: From profit to loss in 2025after €652,556 in 2024 -€105,053 View
  • Caution: Among the weakest 12% on net resultsector median €50,555 · 484 companies -€105,053 View
  • Flemish supportawarded from 2022 to 2025 €9.9m View
  • Directors leftlatest change 12-05-2026 · 4 in office 2 left View
  • Positive: Filed on time since financial year 2020accounts within the deadline every year 6 years View

By topic

Financials

Financial year
2025
Total assets
€3.8m
Loss
-€105,053
Solvency
90.7%
Turnover▼ 98.3%
Net result
20192021
Go to Financials

Board & ownership

Board
4 members
Auditor
BV CDO Leuven
  • Aegden BartDirector
  • Maarten JanssenDirector
  • Pedro De BruyckereDirector
  • Yasmien NaciriDirector
Go to Board & ownership

Timeline

Events
27
Since
2011
Next accounts
by 31-07-2027
  1. 15-09-2025Appointments: Maarten Janssen, Pedro De Bruyckere and…
  2. 27-05-2025Annual accounts filed
  3. 31-12-2024Highest result from 2019 to 2025
Go to Timeline

Company details

Sites
1
Legal form
Non-profit association
Activity
Other social work without accommodationNACE 88999
Founded
22-05-2004
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
34
Purpose
“Recht op onderwijs garanderen voor kinderen en jongeren die niet fysiek aanwezig kunnen…” (deed in Dutch)
Go to Articles of association

Key facts about BEDNET

What is the company number of BEDNET?
0865.402.821. In Belgium the VAT number is the company number with BE in front: BE 0865.402.821.
Where is BEDNET based?
The registered office is at Tiensevest 58, 3000 Leuven.Company details
What does BEDNET do?
According to the KBO register, the main activity is other social work without accommodation (NACE 88999).
What is the legal form of BEDNET?
Non-profit association (VZW).
When was BEDNET founded?
On 22-05-2004.
Is BEDNET still active?
Yes, BEDNET is an active enterprise in the KBO register.
How many employees does BEDNET have?
On average 16.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of BEDNET?
€16 in financial year 2021, according to the filed annual accounts.
Is BEDNET profitable?
In financial year 2025, BEDNET made a loss of €105,053.
Where can I find the annual accounts of BEDNET?
BEDNET filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of BEDNET due?
By 31-07-2027, for financial year 2026.Timeline

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