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Emmanuel

Active
Non-profit associationfounded 1982active for 43 yearsAvenue Nusbaum 23, 4141 Sprimont, BelgiumKBO/BCE: BE 0424.348.175
Summary

Emmanuel has been active since 1982 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.6m and a net result of -€55,812. Equity has been growing by about 11% per year since 2019. Its solvency ranks better than 95% of 696 sector peers (NACE 87, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 17-11-1982 Normal situation
Activity
Residential care activities NACE 87202
Joint committees
319.02 Educational and residential institutions
332 French- and German-speaking welfare and health sector · annual accounts 2025
Establishment units
2.157.744.907 4141 Sprimont, since 17-11-1982
2.157.745.006 4141 Sprimont, since 17-11-1982
Financial year end
31 December
Peppol
Not found in the Peppol Directory

Financial position

95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€1.9m
▼ 8.4%
Turnover
≈ €2.0m
estimated
Deficit
€55,812
Equity
€3.6m
▲ 1.3%
Total assets
€4.0m
▲ 1.1%
Staff
22.4 FTE
=
Score breakdownlowers riskLegal form: non-profit associationLiquidity: current ratio 7.65, cash €764,735Sector: Residential care activities (NACE 87)Equity €3.6m (89.9% of total assets)Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 57% of small companies in residential care (NACE 87)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 89.9% of total assets
Liquidity 74+6
short-term debt 7.4% · cash 19.3%
Profitability 44-34
return on assets -1.4%
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% (612 companies, NACE 87, 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 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025highest value 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 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026lowest value 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 05-2026 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 11-2026: < 0.1%● unchanged vs 10-2026
Credit of up to €330,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 7.65 (7.19 in 2024), above the usual 1.5. Short-term debt is 7.4% and cash 19.3% of total assets. 10.1% 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 87, small). It does better than 91% of them on solvency, 71% on liquidity, 23% on profitability and 45% on growth.

The bankruptcy probability was computed on 04-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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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Signals

Five signals.
lowers riskneutral
lowers risk · Legal form: non-profit association
KBO
lowers risk · Liquidity: current ratio 7.65, cash €764,735
NBB · annual accounts
lowers risk · Sector: Residential care activities (NACE 87)
KBO
lowers risk · Equity €3.6m (89.9% 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 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
23 days early
2024
35 days early
2023
76 days late
2020
36 days early
2019
46 days late
2017
31 days late
2016
29 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 13 days after the deadline. In the sector (NACE 87), the median for financial year 2024 was 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 8 July (4 of the last 5 accounts filed within 70 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
05-11-2026 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: From profit to loss in 2025after a profit of €291,543 in 2024 -€55,812 View
  • Caution: Board changedlatest change 21-08-2026 · 5 in office 2 joined · 6 left View
  • Positive: Higher solvency than 95% of companies in residential caresector median 46.0% · 696 companies 89.9% View

Recent changes

  1. · Gazette deed Resignation: Etienne BONHOMME (director)
  2. · Gazette deed 4 directors appointed, 6 directors resigningChange of role: Marie-Christine MOOR, from chair to secretary · Resignations: Michel MERTENS, Françoise MOTTARD and 3 others · Appointments: JACOB Loic, Pascale VAN DEN HAUTE and Etienne BONHOMME
  3. · Gazette deed 2 directors appointed, 10 directors reappointedAppointments: VAN DEN HAUTE Pascale (director) and CARTIER Paul (director) · Reappointments: BONHOMME Etienne, DEGÉE Chantal and 8 others
All 20 events

Comparable companies

These companies have the same main activity as Emmanuel: residential care activities (NACE 87202). They are comparable in size and age: total assets between €2.4m and €4.7m, founded between 1971 and 1990.

CompanyTotal assetsGross margin
Emmanuel Sprimont€4.0m€1.9m
Service d'Hébergement liégeois Liège€2.8m€1.9m
IRIS Kontich€4.7m€1.7m
Christoforusgemeenschap Merelbeke-Melle€2.7m€1.8m
LE THINIHEID Verviers€2.4m€1.8m
Le Renouveau Chièvres€2.6m€1.8m
L'Appui Honnelles€2.5m€1.7m
Full comparison

Key facts about Emmanuel

What is the company number of Emmanuel?
The company number of Emmanuel is 0424.348.175. The VAT number is the same number with BE in front: BE 0424.348.175.
Where is Emmanuel based?
The registered office is at Avenue Nusbaum 23, 4141 Sprimont.Company details
What does Emmanuel do?
According to the KBO register, the main activity is residential care activities (NACE 87202).
What is the legal form of Emmanuel?
Emmanuel is a non-profit association (VZW).
When was Emmanuel founded?
Emmanuel was founded on 17-11-1982.
Is Emmanuel still active?
Yes, Emmanuel is an active enterprise in the KBO register.
How many employees does Emmanuel have?
Emmanuel had an average of 22.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Emmanuel fall under?
In its 2025 annual accounts, Emmanuel states joint committees 319.02 (Educational and residential institutions) and 332 (French- and German-speaking welfare and health sector).
What is the turnover of Emmanuel?
The turnover in financial year 2025 is ≈ €2.0m. This figure is estimated from the gross margin of €1.9m and 30 comparable companies (NACE 872). It probably lies between €1.8m and €2.3m. In financial year 2024 turnover was €0.
Is Emmanuel profitable?
In financial year 2025, Emmanuel made a loss of €55,812.
Where can I find the annual accounts of Emmanuel?
Emmanuel filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Emmanuel due?
Emmanuel must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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