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MERE JOSEPHINE

Active
Non-profit associationfounded 199432 yrs activeRue de la Station 25, 4670 Blégny, BelgiumKBO/BCE: BE 0453.754.023
Summary

MERE JOSEPHINE has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €3.8m and a net result of €226,035. Equity is growing by ~4.3% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisWatch ReportCompare
MERE JOSEPHINEActiveChecked score 94/100
Risk analysis ReportCompare

Overview

Activity
Residential care activities
NACE 87301NACE 85315
#1 company by total assets in Blegny, Health and social work sector1 site
Size
€7.7mturnover 2024
Staff
101.9 FTE
Equity
€3.8m
Profit
€226,035
Financial health
94 Excellent Checked score 2024
Bankruptcy chance 12 m
0.1%
Structure
Board
13 members
Auditor: 3R LEBOUTTE & CO SRLAccounts 39 d early
Why 94- Figures for FY 2024 (filed 24-06-2025)- Liquidity: current ratio 1.06, cash €470,699, halved+ Legal form Non-profit association+ Sector Residential care activities (NACE 87)Show the evidence

Checked score

Score 2024
94 / 100
Excellent
Probability in this band: under 0.55%
Better than 50% of its sector peers (NACE 87, medium-sized)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2023
Average
Solvency 52+3
equity 27.1% of total assets
Liquidity 50-4
short-term debt 16.0% · cash 3.4%
Profitability 76-4
return on assets 1.6%
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% (539 companies)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● 0.0% vs 11-2024 01-2025: < 0.1%● 0.0% vs 12-2024 02-2025: < 0.1%▼ -4.0% vs 01-2025 03-2025: < 0.1%▲ +4.2% vs 02-2025 04-2025: < 0.1%● 0.0% vs 03-2025 05-2025: < 0.1%● 0.0% vs 04-2025 06-2025: < 0.1%● 0.0% vs 05-2025 07-2025: < 0.1%▼ -8.0% vs 06-2025lowest value 08-2025: < 0.1%● 0.0% vs 07-2025lowest value 09-2025: < 0.1%● 0.0% vs 08-2025lowest value 10-2025: < 0.1%● 0.0% vs 09-2025lowest value 11-2025: < 0.1%▲ +39.1% vs 10-2025 12-2025: < 0.1%● 0.0% vs 11-2025 01-2026: < 0.1%● 0.0% vs 12-2025 02-2026: < 0.1%▼ -3.1% vs 01-2026 03-2026: < 0.1%▲ +3.2% vs 02-2026 04-2026: < 0.1%● 0.0% vs 03-2026 05-2026: < 0.1%▲ +3.1% vs 04-2026 06-2026: < 0.1%● 0.0% vs 05-2026 07-2026: < 0.1%▲ +6.1% vs 06-2026 08-2026: < 0.1%▲ +20.0% vs 07-2026 09-2026: < 0.1%▲ +16.7% vs 08-2026 10-2026: 0.1%▲ +95.9% vs 09-2026highest value
  • Legal form Non-profit association lowers the probability
  • Figures for FY 2024 (filed 24-06-2025) raises the probability
  • Sector Residential care activities (NACE 87) lowers the probability
  • Liquidity: current ratio 1.06, cash €470,699, halved raises the probability
Credit up to €350,000 at 30 days acceptable
Liquidity tight (current ratio 1.06 against 1.02 in 2023; short-term debt: 16% and cash: 3.4% of total assets), and 72.9% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 87, medium-sized). Better than this share of them on solvency 28%, liquidity 42%, profitability 74%, growth against the median 56%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Legal form Non-profit association
In the bankruptcy model this factor lowers the probability.
KBO
raises risk · Figures for FY 2024 (filed 24-06-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Sector Residential care activities (NACE 87)
In the bankruptcy model this factor lowers the probability.
KBO
raises risk · Liquidity: current ratio 1.06, cash €470,699, halved
In the bankruptcy model this factor raises the probability.
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 22-06-2026, 39 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
39 d early
2024
38 d early
2023
42 d early
2022
35 d early
2021
37 d early
2020
61 d early
2019
46 d late
← 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 29 days before the deadline; the sector median for financial year 2024 is 27 days before the deadline, and 25% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 23 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
03-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Reappointments: STERNON Claudine (director) and VASSEN…Appointment: ABRAN Guillaume (director)
  2. Annual accounts filedfiscal year 2025 · abbreviated…
  3. Resignation: LEJEUNE Sabine (director)Appointment: Joël ANDRE (chair)

Key points

  • Positive: Company by total assets in Blegny, Health and…in the Checked rankings #1 View
  • Positive: 6 years of growth in a rowturnover 2024: €7.7m 6 years View
  • Board changedlatest change 19-06-2026 · 13 in office 1 joined · 1 left View
  • Caution: Result fell in 2024from €341,640 to €226,035 ▼ 33.8% View
  • Positive: Always filed on timeaccounts within the deadline every year 6 years View

By topic

Financials

Fiscal year
2024
Turnover
€7.7m
Profit
€226,035
Solvency
27.1%
Turnover▲ 3.1%
Net result
20182024
Go to Financials

Timeline

Events
32
Since
2010
Next accounts
by 31-07-2027
  1. 05-08-2026Reappointments: STERNON Claudine (director) and VASSEN Louis-Marie…
  2. 22-06-2026Annual accounts filed
  3. 20-02-2026Resignation: LEJEUNE Sabine (director)
Go to Timeline

Company details

Sites
1
Legal form
Non-profit association
Activity
Residential care activitiesNACE 87301
Founded
03-09-1994
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
1
Purpose
Le but de l'association, désintéressée et s'interdisant tout but lucratif, s'inscrit dans…
Go to Articles of association

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