Skip to content

FONDATION TOURNAY-SOLVAY

Active Public-utility foundationfounded 1961active for 65 yearsRue des Hautes Voies 35, 6830 BouillonKBO/BCE: BE 0408.373.760 #1 company by total assets in the province of Luxembourg, Residential care sector

Lifetime

13 annual accounts with figures on one time axis
peak €7.2m (2025)
€7.2m▲ 1.7%
lowest -€174,667 (2020)
€486,524▼ 0.9%
peak €14.6m (2019)
€14.4m▲ 2.2%
€3.3m▼ 13.3%
peak 76.2 FTE (2024)
75.6 FTE▼ 0.8%
Board23 names since 2009all names
10 directors and 9 others
Documentsfilings and deeds
20-07-202611 days before the deadline
2025financial year
3 directors reappointed 13-062 directors appointed, 4 resignations 30-01Cash from €1.1m to €690,624

Key points

from the 2025 annual accounts

Investments

€40,648 0.1 × depreciation
20212022202320242025

Green is investment, beige is depreciation.

Staff

123 employees on 31-12-2025
747320211511502022175176202320020120242402252025

In 2025, 240 people joined and 225 left.

Payment terms

50 days to suppliers
Suppliers
93 to 50
Customers
36 to 38

FONDATION TOURNAY- pays its suppliers 43 days earlier than in 2024. Customers pay 2 days later.

Filings

13 annual accounts since 2013
AprilJune31 JulyOctober201520202025

Three of the last ten came late. The 2022 accounts came latest: 29 days after the end of the period.

Board

1 joined · 2 left

Board changed. Latest change 12-05-2026 · 9 in office.

Position in the sector

81.2%

Higher solvency than 93% of companies in residential care. Sector median 48.5% · 487 companies.

Checked score

Bankruptcy probability within 12 months

Checked does not compute a bankruptcy probability for a Public-utility foundation. The model is built on companies and gives no reliable figure for associations and foundations.

Financial strength

Credit verdict

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Chair
Daily manager
Director
Director
Director
Auditor,
and 5 othersBoard & ownership

Recent changes

1 statutory auditor appointed, 1 director appointed, 2 resignations, 1 resignation, 3 reappointments Reappointments: , and · Resignations: , and (statutory auditor) · Appointments: (statutory auditor) and · Board meeting of 09-03-2026 · Gazette deed
Amendment of the articles Board meeting of 12-02-2026 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0408373760
3 directors reappointed , and (company auditor) · Board meeting of 05-05-2025 · Gazette deed
All 42 events

Comparable companies

same main activity, similar in size and age
Company
FONDATION TOURNAY-SOLVAY Bouillon €7.2m 5.2% 81.2% 75.6
PNIEL Zandhoven €7.6m 10.0% 67.2% 77.5
ELISABETH AAN ZEE Ostend €7.7m 1.7% 55.7% 96
Notre Foyer Charleroi €7.8m 2.2% 28.7% 92
Foyer Notre Dame de Paix Quiévrain €7.5m -4.5% 73.4% 111.8
WZC Maria's Rustoord Moorslede €6.0m 10.0% 55.9% 76.8
vzw MATER AMABILIS woon- en zorgcentrum Wervik €8.0m 2.5% 64.9% 100.1
-10%0%10%20%€10m€20m€50m€100m€200mFONDATION TOURNAY-SOLVAYEBIT margin

Grey: the largest companies of the sector (residential care (NACE 87)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as FONDATION TOURNAY-: residential care activities (NACE 87301). They are comparable in size and age: total assets between €9.3m and €17m, founded between 1954 and 1977.

Official details

Source: KBO
Status
Active since 10-04-1961Normal situation
Activity
Residential care activitiesNACE 87301
Joint committee
330Health institutions and services · annual accounts 2025
Establishment unit
2.154.899.3426830 Bouillon, since 05-07-2006
Financial year end
31 December
Peppol
Reachable since 22-01-2026
Company details

Annual accounts 2025

€17.7m▼ 1.1%
Employeeson 31-12-2025
123▲ 13.9%
Filing
Filed on 20-07-2026, 11 days before the end of the filing period
Financials

Insights on FONDATION TOURNAY-SOLVAY

FONDATION TOURNAY- has existed since 1961. Turnover grew from €4.6m in 2018 to €7.2m in 2025 and staff from 58.8 to 75.6 full-time equivalents.

Turnover has grown every year since 2021.

In January 2025, three directors stepped down.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about FONDATION TOURNAY-SOLVAY

What is the company number of FONDATION TOURNAY-SOLVAY?
The company number of FONDATION TOURNAY- is 0408.373.760. The VAT number is the same number with BE in front: BE 0408.373.760.
Where is FONDATION TOURNAY-SOLVAY based?
The registered office is at Rue des Hautes Voies 35, 6830 Bouillon.Company details
What does FONDATION TOURNAY-SOLVAY do?
According to the KBO register, the main activity is residential care activities (NACE 87301).
What is the legal form of FONDATION TOURNAY-SOLVAY?
FONDATION TOURNAY- is a public-utility foundation.
When was FONDATION TOURNAY-SOLVAY founded?
FONDATION TOURNAY- was founded on 10-04-1961.
Is FONDATION TOURNAY-SOLVAY still active?
Yes, FONDATION TOURNAY- is an active enterprise in the KBO register.
How many employees does FONDATION TOURNAY-SOLVAY have?
FONDATION TOURNAY- had an average of 75.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does FONDATION TOURNAY-SOLVAY fall under?
In its 2025 annual accounts, FONDATION TOURNAY- states joint committee 330 (Health institutions and services).
What is the turnover of FONDATION TOURNAY-SOLVAY?
The turnover of FONDATION TOURNAY- was €7.2m in financial year 2025, according to the filed annual accounts.
Is FONDATION TOURNAY-SOLVAY profitable?
In financial year 2025, FONDATION TOURNAY- made a profit of €486,524.
Where can I find the annual accounts of FONDATION TOURNAY-SOLVAY?
FONDATION TOURNAY- filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of FONDATION TOURNAY-SOLVAY due?
FONDATION TOURNAY- must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.