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De Bolster

Active
Non-profit associationfounded 2003active for 22 yearsKasteeldreef(Beerl) 2, 9630 Zwalm, BelgiumKBO/BCE: BE 0861.680.989
Summary

De Bolster has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €20.4m and a net result of €656,643, of which €396,568 non-recurring income. Equity is growing by about 3.4% per year across the filed financial years. Its solvency ranks better than 79% of 601 sector peers (NACE 87, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow ReportCompare
De BolsterActiveChecked score 96/100
Risk analysis ReportCompare

Overview

Activity
Residential care activities
NACE 87202
Largest employer in Zwalm12 sites
Size
€29.2moperating revenue 2025
Staff
308.6 FTE
Equity
€20.4m
Surplus
€656,643
Financial health
96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Board
10 members
Auditor: EY Bedrijfsrevisoren BV2025 accounts 32 days early
Why 96raises riskLiquidity: current ratio 2.07, cash €1.5mlowers riskLegal form: non-profit associationSector: Residential care activities (NACE 87)Equity €20.4m (71.6% of total assets)Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 67% of its sector peers (NACE 87, large)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 97-3
equity 71.6% of total assets
Liquidity 50-3
short-term debt 19.9% · cash 5.1%
Profitability 81=
return on assets 2.3%
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% (95 companies, NACE 87, large)
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 01-2025lowest value 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 06-2025 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 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026highest value 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 €370,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.07, compared with 2.55 in 2024, above the usual 1.5; short-term debt: 19.9% and cash: 5.1% of total assets), and 28.4% 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 87, large): better than 83% on solvency, 40% on liquidity, 83% on profitability and 63% on growth.

The bankruptcy probability was computed on 26-10-2026 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 · Sector: Residential care activities (NACE 87)
KBO
lowers risk · Equity €20.4m (71.6% of total assets)
NBB · annual accounts
raises risk · Liquidity: current ratio 2.07, cash €1.5m
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 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
32 days early
2024
38 days early
2023
16 days early
2022
21 days early
2021
19 days early
2020
24 days early
2019
25 days early
← 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 25 days before the deadline; the sector median (NACE 87) for financial year 2024 is 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 10 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
26-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Reappointment: EY Bedrijfsrevisoren BV (statutory auditor)Permanent representative: Vyvey Line
  2. Annual accounts filedfinancial year 2025 · abbreviated…
  3. Resignation: Geert Bonte (day-to-day manager)Appointment: Dimitri Plas (day-to-day manager)

Key points

  • Positive: Largest employer in Zwalmin the Checked rankings No. 1 View
  • Positive: 6 years of growth in a rowturnover 2025: €3.7m 6 years View
  • Flemish supportawarded from 2022 to 2025 €35.8m View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Board changedlatest change 23-02-2026 · 10 in office 1 joined · 1 left View

By topic

Financials

Financial year
2025
Turnover
€3.7m
Profit
€656,643
Solvency
71.6%
Turnover▲ 6.7%
Net result
20182025
Go to Financials

Board & ownership

Board
10 members
Auditor
EY Bedrijfsrevisoren BV
  • Veeckman JohanChair
  • Vande Walle PaulDirector
  • Dirk PortierDirector
  • Vander Massen ChristineDirector
  • Billiau MelissaDirector

and 5 other directors

Go to Board & ownership

Timeline

Events
52
Since
2007
Next accounts
by 31-07-2027
  1. 22-07-2025Permanent representatives: Line Vyvey and Lieve Cornelis
  2. 23-06-2025Annual accounts filed
  3. 13-01-2025Reappointments: Billiau Melissa, Gordts Hilde and 7…
Go to Timeline

Company details

Sites
12
Legal form
Non-profit association
Activity
Residential care activitiesNACE 87202
Founded
17-11-2003
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
3
Purpose
“De vzw stelt zich tot doel vanuit een christelijke mens- en maatschappijvisie alle nodige…” (deed in Dutch)
Go to Articles of association

Key facts about De Bolster

What is the company number of De Bolster?
0861.680.989. In Belgium the VAT number is the company number with BE in front: BE 0861.680.989.
Where is De Bolster based?
The registered office is at Kasteeldreef(Beerl) 2, 9630 Zwalm.Company details
What does De Bolster do?
According to the KBO register, the main activity is residential care activities (NACE 87202).
What is the legal form of De Bolster?
Non-profit association (VZW).
When was De Bolster founded?
On 17-11-2003.
Is De Bolster still active?
Yes, De Bolster is an active enterprise in the KBO register.
How many employees does De Bolster have?
On average 308.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of De Bolster?
€3.7m in financial year 2025, according to the filed annual accounts.
Is De Bolster profitable?
In financial year 2025, De Bolster made a profit of €656,643.
Where can I find the annual accounts of De Bolster?
De Bolster filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of De Bolster due?
By 31-07-2027, for financial year 2026.Timeline

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