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Nieuwland

Active
Non-profit associationfounded 1972active for 54 yearsPolderstraat 76, 8310 Bruges, BelgiumKBO/BCE: BE 0412.872.877
Summary

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, of which €226,131 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).

Overview

Official details

Source: KBO
Status
Active since 04-10-1972 Normal situation
Activity
Residential care activities NACE 87991
Joint committee
319.01 Educational and residential institutions · annual accounts 2025
Establishment units
2.152.356.853 8310 Bruges, since 16-07-1990
2.152.356.358 8310 Bruges, since 06-11-1998and 6 others
Financial year end
31 December
Peppol
Reachable since 01-07-2025

Board and ownership

Financial position

97 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€4.3m
▲ 12.2%
Turnover
≈ €5.2m
estimated
Surplus
€120,302
Equity
€3.8m
▲ 11.0%
Total assets
€4.5m
▲ 8.6%
Employees on 31-12-2025
77
▲ 1.3%
Score breakdownlowers riskLegal form: non-profit associationSector: Residential care activities (NACE 87)Founded in 1972Equity €3.8m (85.2% of total assets)Show the evidence

Checked score

Score 2025
97 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 74% of medium-sized companies in residential care (NACE 87)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 85.2% of total assets
Liquidity 55+2
short-term debt 11.5% · cash 4.7%
Profitability 72+5
return on assets 2.7%
Bankruptcy probability within 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% (536 companies, NACE 87, medium-sized)
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
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.
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).

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Signals

Five signals.
lowers riskneutral
lowers risk · Legal form: non-profit association
KBO
lowers risk · Sector: Residential care activities (NACE 87)
KBO
lowers risk · Founded in 1972
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €3.8m (85.2% of total assets)
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 18-06-2026, 43 days ahead of the deadline.
NBB · 10 filings
Deviation 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 months
Where today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Back in profit in 2025after a loss of €49,935 in 2024 €120,302 View
  • Positive: Higher solvency than 93% of companies in residential caresector median 46.0% · 696 companies 85.2% View
  • Flemish supportawarded from 2022 to 2025 €16.2m View
  • Directors leftlatest change 01-06-2026 · 5 in office 3 left View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View

Recent changes

  1. · Gazette deed 3 directors resigning, 5 directors reappointedReappointments: GHEYLE Luc, STRUBBE Paul and 3 others · Resignations: DE BAENE Hans, DESRUMAUX Wilfried and DE VLIEGER Hans
  2. · Gazette deed Amendment of the articlesGeneral meeting of 29-11-2023
  3. · Gazette deed 8 directors appointed, 4 directors resigningWithdrawals: DESMET Etienne, DEMUYNCK Suzanne and 2 others · Resignations: DE FAUW Dieter, DEMUYNCK Suzanne and 2 others · Appointments: BLANCKAERT Christine, DE BAENE Hans and 6 others
All 18 events

Comparable companies

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.

CompanyTotal assetsGross margin
Nieuwland Bruges€4.5m€4.3m
L'Espoir Mont-de-l'Enclus€3.2m€3.9m
Jongerenzorg Zuid-West-Vlaanderen Zwevegem€7.3m€3.6m
Begeleidingscentrum Capelderij Buggenhout€3.4m€3.8m
Huize Levensruimte Scherpenheuvel-Zichem€7.1m€4.0m
Martens - Sotteau Ghent€2.9m€3.7m
Centre régional d'Education et de Services Mons€5.0m€5.5m
Full comparison

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

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