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DE WELVAARTKAPOEN

Active
Non-profit associationfounded 1999active for 27 yearsBegijnenstraat 65, 1080 Sint-Jans-Molenbeek, BelgiumKBO/BCE: BE 0469.520.679
Summary

DE WELVAARTKAPOEN has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €280,372 and a net result of €7,216. Equity has been shrinking by about 23% per year since 2018. Its solvency ranks better than 33% of 487 sector peers (NACE 88, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 18-05-1999 Normal situation
Activity
Other social work without accommodation NACE 88999
Joint committee
329.01 Paritair Subcomité voor de socio-culturele sector van de Vlaamse Gemeenschap · annual accounts 2025
Establishment units
2.315.039.612 1080 Sint-Jans-Molenbeek, since 18-05-1999
2.256.353.919 1080 Sint-Jans-Molenbeek, since 29-01-2016
Financial year end
31 December
Peppol
Reachable

Board and ownership

Board
  • Fret BramDirector · since 13-12-2011
  • Houthoofd BrunoDirector · since 26-03-2013
  • Greta VanderlindenDirector
and 1 other

Financial position

90 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€1.2m
▼ 1.7%
Turnover
≈ €1.3m
estimated
Surplus
€7,216
▼ 90.0%
Equity
€280,372
▼ 14.8%
Total assets
€701,655
▼ 7.3%
Employees on 31-12-2025
32
▼ 5.9%
Score breakdownraises riskLiquidity: current ratio 0.39, cash €11,354, halvedSize: 24.9 FTE, total assets €701,655lowers riskLegal form: non-profit associationFounded in 1999Show the evidence

Checked score

Score 2025
90 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 21% of small companies in social work without accommodation (NACE 88)
Financial strength · tick: 2024
Weak
Solvency 65-3
equity 40.0% of total assets
Liquidity 21-15
short-term debt 60.0% · cash 1.6%
Profitability 41-40
return on assets 1.0%
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% (589 companies, NACE 88, 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 03-2025highest value 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 05-2026lowest 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 11-2026: < 0.1%● unchanged vs 10-2026
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.39 (0.43 in 2024), below 1. Short-term debt is 60% and cash 1.6% of total assets. 60% 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 88, small). It does better than 38% of them on solvency, 5% on liquidity, 26% on profitability and 13% on growth.

The bankruptcy probability was computed on 02-11-2026 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Legal form: non-profit association
KBO
raises risk · Liquidity: current ratio 0.39, cash €11,354, halved
NBB · annual accounts
raises risk · Size: 24.9 FTE, total assets €701,655
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 1999
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
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 11-06-2026, 50 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
50 days early
2024
65 days early
2023
61 days early
2022
59 days early
2021
62 days early
2020
8 days early
2019
80 days late
← 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 32 days before the deadline. In the sector (NACE 88), the median for financial year 2024 was 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 1 June (5 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
03-11-2026 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

  • Caution: Result fell in 2025from €71,876 to €7,216 ▼ 90.0% View
  • Positive: Filed on time since financial year 2020accounts within the deadline every year 6 years View
  • Flemish supportawarded from 2022 to 2025 €186,648 View

Recent changes

  1. · Gazette deed 2 directors appointed, 3 directors resigningResignations: Katrien Vandeput, Ingrid Pecquet and Greta De Geest · Appointments: Kristof Muylaert (director) and Greta Vanderlinden (director)
All 14 events

Comparable companies

These companies have the same main activity as DE WELVAARTKAPOEN: other social work without accommodation (NACE 88999). They are comparable in size and age: total assets between €609,000 and €891,000, founded between 1993 and 1997.

CompanyTotal assetsGross margin
DE WELVAARTKAPOEN Sint-Jans-Molenbeek€0.7m€1.2m
Info - Sourds de Bruxelles Vorst€0.7m€1.4m
SAPHAM Anderlecht€0.9m€1.2m
FORM'ANIM Seraing€0.7m€1.2m
LA RECRE Namur€0.6m€1.1m
Mission régionale Huy-Waremme Waremme€0.6m€1.3m
LA TEIGNOUSE Aywaille€0.9m€1.6m
Full comparison

Key facts about DE WELVAARTKAPOEN

What is the company number of DE WELVAARTKAPOEN?
The company number of DE WELVAARTKAPOEN is 0469.520.679. The VAT number is the same number with BE in front: BE 0469.520.679.
Where is DE WELVAARTKAPOEN based?
The registered office is at Begijnenstraat 65, 1080 Sint-Jans-Molenbeek.Company details
What does DE WELVAARTKAPOEN do?
According to the KBO register, the main activity is other social work without accommodation (NACE 88999).
What is the legal form of DE WELVAARTKAPOEN?
The legal form of DE WELVAARTKAPOEN is Non-profit association (VZW).
When was DE WELVAARTKAPOEN founded?
DE WELVAARTKAPOEN was founded on 18-05-1999.
Is DE WELVAARTKAPOEN still active?
Yes, DE WELVAARTKAPOEN is an active enterprise in the KBO register.
How many employees does DE WELVAARTKAPOEN have?
DE WELVAARTKAPOEN had an average of 24.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does DE WELVAARTKAPOEN fall under?
In its 2025 annual accounts, DE WELVAARTKAPOEN states joint committee 329.01 (Paritair Subcomité voor de socio-culturele sector van de Vlaamse Gemeenschap).
What is the turnover of DE WELVAARTKAPOEN?
The turnover in financial year 2025 is ≈ €1.3m. This figure is estimated from the gross margin of €1.2m and 32 comparable companies (NACE 88). It probably lies between €1.2m and €1.5m.
Is DE WELVAARTKAPOEN profitable?
In financial year 2025, DE WELVAARTKAPOEN made a profit of €7,216.
Where can I find the annual accounts of DE WELVAARTKAPOEN?
DE WELVAARTKAPOEN filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of DE WELVAARTKAPOEN due?
DE WELVAARTKAPOEN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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