Non-profit association · founded 1964 · active for 62 yearsLodewijk De Raetstraat 6, 9051 Gent, BelgiumKBO/BCE: BE 0407.933.696
Summary
In Vreugde Een has been active since 1964 and the Belgian Official Gazette contains no insolvency or warning signals. The 2020 annual accounts show equity of €43,181 and a net result of -€3,259. Its solvency ranks better than 95% of 13,985 sector peers (NACE 68, financial year 2020). The computed 12-month bankruptcy probability is below 0.1% (very low).
Renting and operating of own or leased non-residential real estate, excluding land
NACE 68203
1 site
Size
€9,637turnover 2020
Equity
€43,181
Deficit
-€3,259
Financial health
Bankruptcy probabilitywithin 12 months
< 0.1%
2020 figures too old to score
Structure
2021 accounts not filed, 1548 days past the deadline5 deeds in the Belgian Official Gazette
Signalsraises riskFigures for financial year 2020 (filed 30-07-2021)lowers riskLegal form: non-profit associationLiquidity: current ratio 83.72, cash €42,940Equity €43,181 (98.8% of total assets)neutralNo filing for yearsLatest accounts filed on timeShow the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2020 are too old to assess current financial health.
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Financial strength, FY 2020 · tick = 2019
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Strong
Solvency100=
equity 98.8% of total assets
Liquidity100=
short-term debt 1.2% · cash 98.3%
Profitability19-65
return on assets -7.5%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
< 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 0.2% (26,614 companies, NACE 68, micro)
Last 24 months11-2024: < 0.1%highest value12-2024: < 0.1%● unchanged vs 11-2024highest value01-2025: < 0.1%● unchanged vs 12-2024highest value02-2025: < 0.1%● unchanged vs 01-2025highest value03-2025: < 0.1%● unchanged vs 02-2025highest value04-2025: < 0.1%● unchanged vs 03-2025highest value05-2025: < 0.1%● unchanged vs 04-2025highest value06-2025: < 0.1%● unchanged vs 05-2025highest value07-2025: < 0.1%● unchanged vs 06-2025highest value08-2025: < 0.1%● unchanged vs 07-2025highest value09-2025: < 0.1%● unchanged vs 08-2025highest value10-2025: < 0.1%● unchanged vs 09-2025highest value11-2025: < 0.1%● unchanged vs 10-2025highest value12-2025: < 0.1%● unchanged vs 11-2025highest value01-2026: < 0.1%● unchanged vs 12-2025highest value02-2026: < 0.1%● unchanged vs 01-2026highest value03-2026: < 0.1%● unchanged vs 02-2026highest value04-2026: < 0.1%● unchanged vs 03-2026highest value05-2026: < 0.1%● unchanged vs 04-2026highest value06-2026: < 0.1%● unchanged vs 05-2026highest value07-2026: < 0.1%● unchanged vs 06-2026highest value08-2026: < 0.1%● unchanged vs 07-2026highest value09-2026: < 0.1%● unchanged vs 08-2026highest value10-2026: < 0.1%● unchanged vs 09-2026highest value
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 21 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
Annual accounts filedfinancial year 2020 · micro…
Liquidity more than triplescurrent ratio 83.72
Annual accounts filedfinancial year 2019 · abbreviated…
Key points
Risk: 2021 accounts not fileddeadline was 31-07-20221548 days past the deadlineView