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De Vlaspit

Active
Non-profit associationfounded 199729 yrs activeBasilieklaan 53, 3270 Scherpenheuvel-Zichem, BelgiumKBO/BCE: BE 0461.019.224
Summary

De Vlaspit has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.2m and a net result of -€49,340. Equity is growing by ~11.3% per year across the filed fiscal years. Its solvency ranks better than 52% of 140 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Risk analysisWatch ReportCompare
De VlaspitActiveChecked score 95/100
Risk analysis ReportCompare

Overview

Activity
Other manufacturing not elsewhere classified
NACE 32990NACE 36630Social work activities without accommodation NACE 88993
#4 employer in Scherpenheuvel-Zichem4 sites
Size
€2.2mturnover 2025
Staff
63.3 FTE
Equity
€1.2m
Loss
-€49,340
Financial health
95 Excellent Checked score 2025
Bankruptcy chance 12 m
< 0.1%
Structure
Board
8 members
Auditor: BV CDO LeuvenAccounts 36 d early
Why 95- Loss of €49,340 (FY 2025)+ Legal form Non-profit association+ Liquidity: current ratio 1.26, cash €862,927+ Founded in 1997Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Better than 62% of its sector peers (all companies)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Strong
Solvency 76-1
equity 50.8% of total assets
Liquidity 75+25
short-term debt 41.3% · cash 36.0%
Profitability 60-21
return on assets -2.1%
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% (19 companies)
Last 24 months 11-2024: < 0.1%lowest value 12-2024: < 0.1%● 0.0% vs 11-2024lowest value 01-2025: < 0.1%● 0.0% vs 12-2024lowest value 02-2025: < 0.1%● 0.0% vs 01-2025lowest value 03-2025: < 0.1%▲ +14.3% vs 02-2025 04-2025: < 0.1%● 0.0% vs 03-2025 05-2025: < 0.1%● 0.0% vs 04-2025 06-2025: < 0.1%● 0.0% vs 05-2025 07-2025: < 0.1%▲ +12.5% vs 06-2025 08-2025: < 0.1%▼ -11.1% vs 07-2025 09-2025: < 0.1%● 0.0% vs 08-2025 10-2025: < 0.1%● 0.0% vs 09-2025 11-2025: < 0.1%● 0.0% vs 10-2025 12-2025: < 0.1%● 0.0% vs 11-2025 01-2026: < 0.1%● 0.0% vs 12-2025 02-2026: < 0.1%● 0.0% vs 01-2026 03-2026: < 0.1%▲ +12.5% vs 02-2026 04-2026: < 0.1%● 0.0% vs 03-2026 05-2026: < 0.1%▲ +5.6% vs 04-2026 06-2026: < 0.1%● 0.0% vs 05-2026 07-2026: < 0.1%▲ +10.5% vs 06-2026highest value 08-2026: < 0.1%● 0.0% vs 07-2026highest value 09-2026: < 0.1%● 0.0% vs 08-2026highest value 10-2026: < 0.1%● 0.0% vs 09-2026highest value
  • Legal form Non-profit association lowers the probability
  • Liquidity: current ratio 1.26, cash €862,927 lowers the probability
  • Founded in 1997 lowers the probability for this profile
  • Loss of €49,340 (FY 2025) raises the probability
Credit up to €110,000 at 30 days acceptable
Liquidity tight (current ratio 1.26 against 1.6 in 2024; short-term debt: 41.3% and cash: 36% of total assets), and 49.2% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (all companies). Better than this share of them on solvency 67%, liquidity 92%, profitability 46%, growth against the median 41%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Legal form Non-profit association
In the bankruptcy model this factor lowers the probability.
KBO
lowers risk · Liquidity: current ratio 1.26, cash €862,927
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Founded in 1997
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Loss of €49,340 (FY 2025)
In the bankruptcy model this factor raises the probability.
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 25-06-2026, 36 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
36 d early
2024
31 d early
2023
34 d early
2022
19 d early
2021
39 d early
2020
23 d early
2019
49 d 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 19 days before the deadline; the sector median for financial year 2024 is 2 days before the deadline, and 40% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 28 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
06-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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
  1. Annual accounts filedfiscal year 2025 · full…
  2. Resignations: Luc Vogels (director) and Stefan…Withdrawals: Geert Janssens (lid van…
  3. Annual accounts filedfiscal year 2024 · abbreviated…

Key points

  • Caution: From profit to loss in 2025after €168,871 in 2024 -€49,340 View
  • Positive: 5 years of growth in a rowturnover 2025: €2.2m 5 years View
  • Positive: Employer in Scherpenheuvel-Zichemin the Checked rankings #4 View
  • Flemish supportawarded 2022 - 2025 €4.4m View
  • Directors leftlatest change 31-10-2025 · 8 in office 2 left View
  • Positive: Always filed on timeaccounts within the deadline every year 6 years View

By topic

Financials

Fiscal year
2025
Turnover
€2.2m
Loss
-€49,340
Solvency
50.8%
Turnover▲ 3.2%
Net result
20182025
Go to Financials

Timeline

Events
31
Since
2007
Next accounts
by 31-07-2027
  1. 25-06-2026Annual accounts filed
  2. 31-10-2025Resignations: Luc Vogels (director) and Stefan Rutten…
  3. 30-06-2025Annual accounts filed
Go to Timeline

Company details

Sites
4
Legal form
Non-profit association
Activity
Other manufacturing not elsewhere classifiedNACE 32990
Founded
20-03-1997
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
1
Purpose
Vzw De Vlaspit stelt alles in het werk om mensen volwaardig te laten participeren aan de…
Go to Articles of association

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