Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
Every financial year from 2022 to 2025 closed with a loss. 2023 was the heaviest.
€107,611 of the debts are secured on the company's own assets.
In 2025, 105 people joined and 94 left.
Lower solvency than 95% of companies in residential care. Sector median 50.2% · 602 companies.
Flemish support, mostly Erkenning en financiering/subsidiëring van woonzorgcentra.
Negative equity caps the score at 59.
The dashed line is the sector median: < 0.1% across 613 companies (NACE 87, small).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
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, small). It does better than 4% of them on solvency, 41% on liquidity, 13% on profitability and 6% on growth.
The bankruptcy probability was computed on 10-11-2026 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 low class on 30-06-2025, 0.8% 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).
In July 2024, 678 companies had the same profile as RESIDENTIE FELICITE has now. Each dot stands for 2 companies, two years later.
Another 2.5% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of RESIDENTIE FELICITE itself is lower: 1.0% within 12 months. It rests on far more data about RESIDENTIE FELICITE than the profile alone.
The method was tested on the 497,448 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 678 companies, not a prediction for RESIDENTIE FELICITE. 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.
Liquidity is insufficient, with a current ratio of 0.98 (1.07 in 2024), below 1. Short-term debt is 51.8% and cash 21.9% of total assets. Equity is negative.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 26 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.
| Company | ||||
|---|---|---|---|---|
| RESIDENTIE FELICITE Schoten | €0.9m | €1.5m | -42.7% | 25.2 |
| Rusthuis Avondvrede Mechelen | €0.6m | €1.8m | 34.1% | 22.4 |
| LE PHALENSTERE Farciennes | €0.7m | €1.7m | -71.4% | 28.6 |
| RUSTHUIS STRIJLAND Gooik | €0.7m | €1.4m | -40.3% | 19.7 |
| La Villa Fleurie Brunehaut | €1.6m | €1.7m | 44.1% | 26.1 |
| RESIDENCE LES PIGES Charleroi | €0.9m | €1.3m | 8.4% | 22.9 |
| BENAJA Vleteren | €0.9m | €1.6m | -2.7% | 20 |
These companies have the same main activity as RESIDENTIE FELICITE: residential care activities (NACE 87101). They are comparable in size and age: total assets between €620,000 and €1.6m, founded between 1985 and 2002.
RESIDENTIE FELICITE files the abbreviated format. That format states no turnover. The gross margin rose from €610,000 in 2006 to €1.5m in 2025.
The balance sheet grew most from 2016 to 2018 through fixed assets, financed with long-term debt.
VIVALTO HOME BELGIUM holds all the shares. In April 2023, the Official Gazette published the appointment of VIVALTO HOME BELGIUM as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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