Result
€120,302 €120,302
Back in profit in 2025, after a loss of €49,935 in 2024.
Nieuwland
Lifetime
20 annual accounts with figures on one time axisGross marginpeak €4.3m (2025)
€4.3m▲ 12.2%
Resultlowest -€60,422 (2010)
€120,302▲ €170,238
Equitypeak €3.8m (2025)
€3.8m▲ 11.0%
Debts
€665,815▼ 3.3%
Staffpeak 53 FTE (2019)
51.8 FTE▲ 3.4%
Board12 names since 2002
8 directorsBLANCKAERT Christine and 7 others
Documentsfilings and deeds
18-06-202643 days before the deadline
2025financial year
Gross margin from €3.8m to €4.3mBack to profit: €120,3021 establishment registered
Key points
from the 2025 annual accountsStaff
77 employees on 31-12-2025
In 2025, 25 people joined and 24 left.
Liquidity
2.12 was 1.23 in 2024
Short-term debts fell from €632,089 to €517,740.
Filings
20 annual accounts since 2006
The last five annual accounts were filed 43 to 70 days before the end of the period.
Board
3 left
Directors left. Latest change 01-06-2026 · 5 in office.
Public support
€16.2m awarded from 2022 to 2025
Flemish support, mostly Subsidies jeugdhulp.
Checked score
97
Excellent
Financially stronger than 74% 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%
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 strengthStrong
Score breakdown
lowers risk
Legal form: non-profit association
Sector: Residential care activities (NACE 87)
Founded in 1972
Equity €3.8m (85.2% 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, 59% on liquidity, 65% on profitability and 78% on growth.
The bankruptcy probability was computed on 04-11-2026 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 Nieuwland 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
That fits the bankruptcy probability of Nieuwland itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 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.
| 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 Nieuwland. 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 €370,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.12 (1.23 in 2024), above the usual 1.5. Short-term debt is 11.5% and cash 4.7% of total assets. 14.8% 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
5 signals, none raises the risk
Five signals.
lowers riskneutral
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 18-06-2026, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
43 days early
2024
70 days early
2023
55 days early
2022
53 days early
2021
53 days early
2020
31 days early
2019
4 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 44 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 8 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
3 directors resigning, 5 reappointments
Reappointments: GHEYLE Luc, STRUBBE Paul, VANDENDRIESSCHE Erwin, BYVOET Nele and BLANCKAERT Christine · Resignations: DE BAENE Hans, DESRUMAUX Wilfried and DE VLIEGER Hans · General meeting of 27-05-2026 · Gazette deed
New establishment in Bruges
De Spiegel, Polderstraat 74
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0412872877
Amendment of the articles
General meeting of 29-11-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| Nieuwland Bruges | €4.5m | €4.3m | 85.2% | 51.8 |
| L'Espoir Mont-de-l'Enclus | €3.2m | €3.9m | 50.8% | 53.1 |
| Jongerenzorg Zuid-West-Vlaanderen Zwevegem | €7.3m | €3.6m | 76.1% | 41.6 |
| Begeleidingscentrum Capelderij Buggenhout | €3.4m | €3.8m | 81.9% | 48.1 |
| Huize Levensruimte Scherpenheuvel-Zichem | €7.1m | €4.0m | 86.3% | 49.9 |
| Martens - Sotteau Ghent | €2.9m | €3.7m | 81.6% | 50.7 |
| Centre régional d'Education et de Services Mons | €5.0m | €5.5m | 6.4% | 75 |
These companies have the same main activity as Nieuwland: residential care activities (NACE 87991). They are comparable in size and age: total assets between €2.9m and €7.3m, founded between 1970 and 1977.
Official details
Source: KBO- Status
- Active since 04-10-1972Normal situation
- Activity
- Residential care activitiesNACE 87991
- Joint committee
- 319.01Educational and residential institutions · annual accounts 2025
- Establishment units
- 2.152.356.8538310 Bruges, since 16-07-1990
- 2.152.356.3588310 Bruges, since 06-11-1998and 6 others
- Financial year end
- 31 December
- Peppol
- Reachable since 01-07-2025
Annual accounts 2025
- Turnover
- ≈ €5.2mestimated
- Total assets
- €4.5m▲ 8.6%
- Employeeson 31-12-2025
- 77▲ 1.3%
- Filing
- Filed on 18-06-2026, 43 days before the end of the filing period
Insights on Nieuwland
Nieuwland has been active since 1972 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.8m and a net result of €120,302, with €226,131 of non-recurring income.
Equity has been growing by about 10% per year since 2018. Its solvency ranks better than 93% of 696 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 Nieuwland
- What is the company number of Nieuwland?
- The company number of Nieuwland is 0412.872.877. The VAT number is the same number with BE in front: BE 0412.872.877.
- Where is Nieuwland based?
- The registered office is at Polderstraat 76, 8310 Bruges.Company details
- What does Nieuwland do?
- According to the KBO register, the main activity is residential care activities (NACE 87991).
- What is the legal form of Nieuwland?
- Nieuwland is a non-profit association (VZW).
- When was Nieuwland founded?
- Nieuwland was founded on 04-10-1972.
- Is Nieuwland still active?
- Yes, Nieuwland is an active enterprise in the KBO register.
- How many employees does Nieuwland have?
- Nieuwland had an average of 51.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Nieuwland fall under?
- In its 2025 annual accounts, Nieuwland states joint committee 319.01 (Educational and residential institutions).
- What is the turnover of Nieuwland?
- The turnover in financial year 2025 is ≈ €5.2m. This figure is estimated from the gross margin of €4.3m and 103 comparable companies (NACE 87). It probably lies between €4.5m and €5.9m.
- Is Nieuwland profitable?
- In financial year 2025, Nieuwland made a profit of €120,302.
- Where can I find the annual accounts of Nieuwland?
- Nieuwland filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Nieuwland due?
- Nieuwland must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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