Skip to content

Huize Tordale

Active
Non-profit associationfounded 1984active for 42 yearsBruggestraat 39, 8820 Torhout, BelgiumKBO/BCE: BE 0429.649.325
Summary

Huize Tordale has been active since 1984 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €39.4m and a net result of €1.9m. Equity is growing by about 4.2% per year across the filed financial years. Its solvency ranks better than 69% of 484 sector peers (NACE 88, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow ReportCompare
Huize TordaleActiveChecked score 96/100
Risk analysis ReportCompare

Overview

Activity
Social work activities without accommodation
NACE 88993
Largest employer in Torhout4 sites
Size
€49.0moperating revenue 2025
Staff
788.9 FTE
Equity
€39.4m
Surplus
€1.9m
Financial health
96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Board
11 members
Auditor: CALLENS VANDELANOTTE2025 accounts 53 days early7 of 28 deeds summarised
Why 96lowers riskLegal form: non-profit associationSize: turnover €11.9m, 788.9 FTE, total assets €56.7mEquity €39.4m (69.5% of total assets)Founded in 1984Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 69% of its sector peers (NACE 88, large)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 95+4
equity 69.5% of total assets
Liquidity 58-1
short-term debt 15.6% · cash 8.8%
Profitability 82=
return on assets 3.4%
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% (91 companies, NACE 88, large)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 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 03-2025lowest 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 05-2026 07-2026: < 0.1%● unchanged vs 06-2026highest value 08-2026: < 0.1%● unchanged vs 07-2026highest value 09-2026: < 0.1%● unchanged vs 08-2026highest value 10-2026: < 0.1%● unchanged vs 09-2026highest value
Credit of up to €1,150,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.3, compared with 2.39 in 2024, above the usual 1.5; short-term debt: 15.6% and cash: 8.8% of total assets), and 30.5% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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, large): better than 74% on solvency, 58% on liquidity, 90% on profitability and 55% on growth.

The bankruptcy probability was computed on 24-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

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

Signals

Five signals.
lowers riskneutral
lowers risk · Legal form: non-profit association
KBO
lowers risk · Size: turnover €11.9m, 788.9 FTE, total assets €56.7m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Equity €39.4m (69.5% of total assets)
NBB · annual accounts
lowers risk · Founded in 1984
Companies that have existed this long fail less often; how much that weighs depends on the rest of its 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 08-06-2026, 53 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
53 days early
2024
36 days early
2023
37 days early
2022
31 days early
2021
51 days early
2020
44 days early
2019
35 days early
← 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 41 days before the deadline; the sector median (NACE 88) for financial year 2024 is 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 25 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
25-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Reappointments: Ann Vermeire (director) and Nathalie…Gazette deed
  2. Annual accounts filedfinancial year 2025 · abbreviated…
  3. Reappointments: Kristiaan Vereenooghe (director) and Johan…Resignation: Mia Deltour (director)

Key points

  • Positive: Largest employer in Torhoutin the Checked rankings No. 1 View
  • Board changedlatest change 02-06-2026 · 11 in office 3 joined · 1 left View
  • Flemish supportawarded from 2022 to 2025 €87.1m View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €1.9m 8 years View

By topic

Financials

Financial year
2025
Turnover
€11.9m
Profit
€1.9m
Solvency
69.5%
Turnover▲ 2.4%
Net result
20182025
Go to Financials

Board & ownership

Board
11 members
Auditor
CALLENS VANDELANOTTE
  • ADAM PatrickDirector
  • MASQUELIER AlexDirector
  • VANDENBERGHE TomDirector
  • Frank LippensDirector
  • Benoit De WildeDirector

and 6 other directors

Go to Board & ownership

Timeline

Events
29
Since
2007
Next accounts
by 31-07-2027
  1. 20-02-2026Reappointment: Wilfried Lammens (director)
  2. 25-06-2025Annual accounts filed
  3. 27-02-2025Reappointment: Wilfried Lammens (director)
Go to Timeline

Company details

Sites
4
Legal form
Non-profit association
Activity
Social work activities without accommodationNACE 88993
Founded
02-04-1984
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about Huize Tordale

What is the company number of Huize Tordale?
0429.649.325. In Belgium the VAT number is the company number with BE in front: BE 0429.649.325.
Where is Huize Tordale based?
The registered office is at Bruggestraat 39, 8820 Torhout.Company details
What does Huize Tordale do?
According to the KBO register, the main activity is social work activities without accommodation (NACE 88993).
What is the legal form of Huize Tordale?
Non-profit association (VZW).
When was Huize Tordale founded?
On 02-04-1984.
Is Huize Tordale still active?
Yes, Huize Tordale is an active enterprise in the KBO register.
How many employees does Huize Tordale have?
On average 788.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Huize Tordale?
€11.9m in financial year 2025, according to the filed annual accounts.
Is Huize Tordale profitable?
In financial year 2025, Huize Tordale made a profit of €1.9m.
Where can I find the annual accounts of Huize Tordale?
Huize Tordale filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Huize Tordale due?
By 31-07-2027, for financial year 2026.Timeline

Companies related to Huize Tordale

Go further with this company

How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check

Your own company? See how customers, suppliers and banks see it and what to improve first.

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

We would like to set cookies. That happens only with your consent. What we measure