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Intercommunale Schulens Meer

Active
Opdrachthoudende vereniging (Vlaams Gewest)founded 1977active for 49 yearsDemerstraat 60, 3560 Lummen, BelgiumKBO/BCE: BE 0218.031.848
Summary

Intercommunale Schulens Meer has the legal form “Opdrachthoudende vereniging (Vlaams Gewest)” in the KBO. Checked does not compute a bankruptcy probability for it. The 2024 annual accounts show equity of €312,513 and a net result of -€23,792. Equity has been shrinking by about 7.2% per year since 2018. Its solvency ranks better than 81% of 3,001 sector peers (NACE 93, financial year 2024). The company has been active since 1977 and the Belgian Official Gazette contains no insolvency or warning signals.

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Intercommunale Schulens MeerActiveChecked score 51/100
Risk analysis ReportCompare

Overview

Official details

Source: KBO
Status
Active since 12-07-1977 Normal situation
Activity
Operation of sports facilities NACE 93110and 1 other
Establishment unit
2.158.901.779 3560 Lummen, since 12-07-1977
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Board and ownership

Board
  • Advocom BVDirector
  • Dubois ThomasDirector
  • Moors RitaDirector
and 2 others
Board & ownership

Financial position

51 Fair Checked score 2024
Bankruptcy probability: legal form outside the model
Annual accounts 2024
Gross margin
€145,108
▲ 4.4%
Turnover
≈ €360,000
estimated
Loss
€23,792
▼ 15.8%
Equity
€312,513
▼ 16.1%
Total assets
€454,044
▼ 9.9%
Employees on 31-12-2024
3
=
  • 2025 accounts not filed, 95 days past the deadline
Financials
Signalsraises riskPersistent lossesAnnual accounts not filed2024 accounts filed 61 days lateShow the evidence

Checked score

Score 2024
51 / 100
Fair
Without a bankruptcy probability, the score rests on the figures alone.
Every signal that counts is listed under Signals.
Financial strength · tick: 2023
Average
Solvency 94-5
equity 68.8% of total assets
Liquidity 48-3
short-term debt 22.3% · cash 4.3%
Profitability 27+5
return on assets -5.2%
Bankruptcy probability within 12 months

The KBO gives the legal form as “Opdrachthoudende vereniging (Vlaams Gewest)”. There is no bankruptcy probability for it. The model is built on companies and gives no reliable figure for this form.

Credit of up to €15,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is insufficient, with a current ratio of 0.29 (0.42 in 2023), below 1. Short-term debt is 22.3% and cash 4.3% of total assets. 31.2% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Three signals.
raises risk
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year -€23,792
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 95 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline03-11-2026 today
raises risk · 2024 accounts filed 61 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
61 days late
2023
57 days late
2022
7 days late
2021
3 days early
2020
30 days late
2019
90 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 40 days after the deadline. In the sector (NACE 93), the median for financial year 2024 was 1 day before the deadline, and 42% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower net result than 87% of companies in sports and recreationsector median €3,813 · 3,000 companies -€23,792 View
  • Caution: 2 loss-making years in a rowloss in financial year 2024 -€23,792 View

Comparable companies

These companies have the same main activity as Intercommunale Schulens Meer: operation of sports facilities (NACE 93110). They are comparable in size and age: total assets between €382,000 and €593,000, founded between 1975 and 1989.

CompanyTotal assetsGross margin
Intercommunale Schulens Meer Lummen€454,044€145,108
Michiels Invest Antwerpen€496,753€151,150
CURLING CLUB ZEMST Zemst€454,546€188,952
VLAAMS-JAPANSE GOLF & BUSINESS CLUB HASSELT Hasselt€428,511€140,195
Kalmthal Kalmthout€592,667€168,821
Uccle Sport Tennis Hockey-Gestion Ukkel€381,762€127,513
WINGFIELD Mechelen€441,537€166,927
Full comparison

Key facts about Intercommunale Schulens Meer
What is the company number of Intercommunale Schulens Meer?
The company number of Intercommunale Schulens Meer is 0218.031.848. The VAT number is the same number with BE in front: BE 0218.031.848.
Where is Intercommunale Schulens Meer based?
The registered office is at Demerstraat 60, 3560 Lummen.Company details
What does Intercommunale Schulens Meer do?
According to the KBO register, the main activity is operation of sports facilities (NACE 93110).
What is the legal form of Intercommunale Schulens Meer?
The legal form of Intercommunale Schulens Meer is Opdrachthoudende vereniging (Vlaams Gewest).
When was Intercommunale Schulens Meer founded?
Intercommunale Schulens Meer was founded on 12-07-1977.
Is Intercommunale Schulens Meer still active?
Yes, Intercommunale Schulens Meer is an active enterprise in the KBO register.
How many employees does Intercommunale Schulens Meer have?
Intercommunale Schulens Meer had an average of 3.7 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of Intercommunale Schulens Meer?
The turnover in financial year 2024 is ≈ €360,000. This figure is estimated from the gross margin of €145,108 and 2,215 comparable companies of the same size. It probably lies between €240,000 and €560,000. It is a rough estimate.
Is Intercommunale Schulens Meer profitable?
In financial year 2024, Intercommunale Schulens Meer made a loss of €23,792.
Where can I find the annual accounts of Intercommunale Schulens Meer?
Intercommunale Schulens Meer filed 41 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

Next steps

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