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KiJoCo

Active Non-profit associationfounded 1973active for 53 yearsSchansstraat 10, 3690 ZutendaalKBO/BCE: BE 0413.567.220 #1 company by total assets in Zutendaal, Health and social work sector

Lifetime

16 annual accounts with figures on one time axis, 20 filings since 2006
peak €7.3m (2023)
-not published
lowest -€93,382 (2015)
€57,933▼ 59.3%
peak €10.6m (2025)
€10.6m▲ 36.1%
€2.2munchanged
peak 125.5 FTE (2025)
125.5 FTE▲ 1.1%
Board14 names since 2021all names
8 directorsKriekels Caroline and 7 others
Documentsfilings and deeds
24-06-202637 days before the deadline
2025abbreviated format
Result from €142,430 to €57,933Appointment: Van Havermaet Bedrijfsrevisoren BV (statutory au… 10-03Equity from €7.8m to €10.6mInvestments €798,878Cash from €1.5m to €2.6m

Key points

from the 2025 annual accounts

Result

€57,933 ▼ 59.3%
€142,0002024€57,9002025

The result fell in 2025 from €142,430 to €57,933.

Investments

€775,478 2.0 × depreciation
20212022202320242025

Green is investment, beige is depreciation. Machinery stands 73.4% higher than in 2024.

Staff

151 employees on 31-12-2025
6472202141532022565420239560202485842025

In 2025, 85 people joined and 84 left. On top of that, 0.1 agency workers worked there on average.

Filings

20 annual accounts since 2006
AprilJune31 JulyOctober2010201520202025

The last five annual accounts were filed 37 to 63 days before the end of the period.

Board

2 joined

New directors. Latest change 10-06-2026 · 10 in office.

Public support

€39.3m awarded from 2022 to 2025
2022202320242025

Flemish support, mostly Subsidies jeugdhulp.

Turnover not published (abbreviated format)

Checked score

98
Excellent
Financially stronger than 83% of medium-sized companies in residential care (NACE 87)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: < 0.1% across 536 companies (NACE 87, medium-sized).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1%lowest value 01-2025: < 0.1%● unchanged vs 12-2024lowest value 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 11-2026: < 0.1%● unchanged vs 10-2026

Financial strength
Strong

100=equity 82.5% of total assets
76+8short-term debt 9.2% · cash 20.6%
69-2return on assets 0.5%

Score breakdown

lowers risk
Legal form: non-profit association
Liquidity: current ratio 7.10, cash €2.6m
Sector: Residential care activities (NACE 87)
Equity €10.6m (82.5% of total assets)
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, medium-sized). It does better than 95% of them on solvency, 90% on liquidity, 54% on profitability and 92% on growth.

The bankruptcy probability was computed on 07-11-2026 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).

Comparable companies, two years later

In July 2024, 1,887 companies had the same profile as KiJoCo has now. Each dot stands for 5 companies, two years later.

97.9%
were still trading
2.0%
stopped another way
0.1%
went bankrupt
  • Medium-sized
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

That fits the bankruptcy probability of KiJoCo itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 1,887 companies, not a prediction for KiJoCo. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €1,000,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 7.1 (5.03 in 2024), above the usual 1.5. Short-term debt is 9.2% and cash 20.6% of total assets. 17.5% of the assets are financed with debt and provisions.

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

5 signals, none raises the risk
Five signals.
lowers riskneutral
lowers risk · Legal form: non-profit association
KBO
lowers risk · Liquidity: current ratio 7.10, cash €2.6m
NBB · annual accounts
lowers risk · Sector: Residential care activities (NACE 87)
KBO
lowers risk · Equity €10.6m (82.5% 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 24-06-2026, 37 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
37 days early
2024
44 days early
2023
63 days early
2022
42 days early
2021
47 days early
2020
36 days early
2019
35 days early
← 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 43 days before 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 17 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
08-11-2026 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

Board and ownership

MD
Director
JM
Director
MJ
Director
KC
Kriekels Caroline
Director
LA
Luyten Alda
Director
BV
Auditor, Ira NICOLAIJ
and 5 othersBoard & ownership

Recent changes

Appointment: Marijke Jordens (director) General meeting of 10-06-2026 · Gazette deed
Appointment: Jean-Marie Neven (director) General meeting of 05-06-2025 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0413567220
Appointment: Van Havermaet Bedrijfsrevisoren BV (statutory auditor) Permanent representative: Ira NICOLAIJ · General meeting of 28-05-2024 · Gazette deed
All 42 events

Comparable companies

same main activity, similar in size and age
Company
KiJoCo Zutendaal €12.8m - 82.5% 125.5
De Oever Hasselt €9.7m - 75.1% 126.9
Jeugdzorg Ter Elst Duffel €10.7m - 72.7% 134
Arcade Gistel €14.0m - 76.4% 93.3
Begeleidingscentrum Dennenhof VZW Schoten €9.8m - 61.3% 127.2
JONGERENWERKING PIETER SIMENON Lommel €11.2m - 81.4% 77.1
Huize Sint-Vincentius Halen €8.9m - 76.0% 147.5

These companies have the same main activity as KiJoCo: residential care activities (NACE 87991). They are comparable in size and age: total assets between €8.9m and €14m, founded between 1970 and 1978.

Official details

Source: KBO
Status
Active since 28-07-1973Normal situation
Activity
Residential care activitiesNACE 87991
Joint committee
319.01Educational and residential institutions · annual accounts 2025
Establishment units
2.150.769.1223690 Zutendaal, since 03-01-2006
2.150.822.8673600 Genk, since 03-01-2006and 10 others
Financial year end
31 December
Peppol
Reachable since 30-09-2025
Company details

Annual accounts 2025

€12.8m▲ 28.0%
Employeeson 31-12-2025
151▲ 0.7%
Filing
Filed on 24-06-2026, 37 days before the end of the filing period
Financials

Insights on KiJoCo

KiJoCo has been active since 1973 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10.6m and a net result of €57,933.

Equity has been growing by about 21% per year since 2018. Its solvency ranks better than 92% of 602 sector peers (NACE 87, financial year 2025).

The computed 12-month bankruptcy probability is below 0.1% (very low).

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 KiJoCo

What is the company number of KiJoCo?
The company number of KiJoCo is 0413.567.220. The VAT number is the same number with BE in front: BE 0413.567.220.
Where is KiJoCo based?
The registered office is at Schansstraat 10, 3690 Zutendaal.Company details
What does KiJoCo do?
According to the KBO register, the main activity is residential care activities (NACE 87991).
What is the legal form of KiJoCo?
KiJoCo is a non-profit association (VZW).
When was KiJoCo founded?
KiJoCo was founded on 28-07-1973.
Is KiJoCo still active?
Yes, KiJoCo is an active enterprise in the KBO register.
How many employees does KiJoCo have?
KiJoCo had an average of 125.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does KiJoCo fall under?
In its 2025 annual accounts, KiJoCo states joint committee 319.01 (Educational and residential institutions).
What is the turnover of KiJoCo?
The annual accounts for financial year 2025 state no turnover. The abbreviated format does not require it.
Is KiJoCo profitable?
In financial year 2025, KiJoCo made a profit of €57,933.
Where can I find the annual accounts of KiJoCo?
KiJoCo filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of KiJoCo due?
KiJoCo must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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