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Sint Vincentius

Active
Non-profit associationfounded 198045 years activeHoutmarkt 33, 8500 Kortrijk, BelgiumKBO/BCE: BE 0421.291.388
Summary

Sint Vincentius has been active since 1980 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €18.4m and a net result of €436,127. Equity remains stable across the filed fiscal years (±0.6% per year). Its solvency ranks better than 72% of 595 sector peers (NACE 87, fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Overview

Activity
Residential care activities
NACE 87101
#3 company by total assets in Kortrijk, Health and social work sector3 sites
Size
€11.6mturnover 2025
Staff
145.2 FTE
Equity
€18.4m
Profit
€436,127
Financial health
96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Board
14 members
Auditor: Moore AuditAccounts 36 days early
Why 96+ Legal form Non-profit association+ Sector Residential care activities (NACE 87)+ Liquidity: current ratio 2.11, cash €4.2m+ Founded in 1980Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 71% of its sector peers (NACE 87, medium-sized)
Financial strength · tick = 2024
Strong
Solvency 93+3
equity 67.5% of total assets
Liquidity 69+2
short-term debt 10.4% · cash 15.3%
Profitability 79-2
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% (538 companies)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 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 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026highest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value
Credit up to €1,150,000 at 30 days acceptable
Liquidity ample (current ratio 2.11 against 1.87 in 2024; short-term debt: 10.4% and cash: 15.3% of total assets), and 32.5% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 78% on solvency, 86% on liquidity, 79% on profitability and 40% on growth.

The bankruptcy probability was computed on 07-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk○neutral
lowers risk · Legal form Non-profit association
KBO
lowers risk · Sector Residential care activities (NACE 87)
KBO
lowers risk · Liquidity: current ratio 2.11, cash €4.2m
NBB · annual accounts
lowers risk · Founded in 1980
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
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 25-06-2026, 36 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
36 days early
2024
29 days early
2023
41 days late
2022
20 days early
2021
19 days early
2020
11 days early
2019
9 days early
← 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 12 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 11 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Appointment: Xavier Keters (director)State Gazette act
  2. Annual accounts filedfiscal year 2025 · abbreviated…
  3. Reappointments: Inge Bultinck, Jan Van Den…Resignation: Bernard Ceriez (director) ·…

Key points

  • Positive: 7 years of growth in a rowturnover 2025: €11.6m 7 years View
  • Positive: Company by total assets in Kortrijk, Health and…in the Checked rankings #3 View
  • Board changedlatest change 15-06-2026 · 14 in office 2 joined · 1 left View
  • Flemish supportawarded 2022 - 2025 €6.4m View
  • Caution: Result fell in 2025from €588,608 to €436,127 ▼ 25.9% View
  • Active since 1980founded 19-11-1980 45 years View

By topic

Financials

Fiscal year
2025
Turnover
€11.6m
Profit
€436,127
Solvency
67.5%
Turnover▲ 2.4%
Net result
20182025
Go to Financials

Board & ownership

Board
14 members
Auditor
Moore Audit
  • Vandenberghe JozefChair
  • Vandenberghe LievenDirector
  • Claeys PaulDirector
  • De Visschere LucDirector
  • Peperstraete JosianeDirector

and 9 other directors

Go to Board & ownership

Timeline

Events
37
Since
2005
Next accounts
by 31-07-2027
  1. 02-07-2025Annual accounts filed
  2. 05-03-2025Resignations: Geert Craeynest, Jozef Vandenberghe and 3…
  3. 31-12-2024Highest result since 2018
Go to Timeline

Company details

Sites
3
Legal form
Non-profit association
Activity
Residential care activitiesNACE 87101
Founded
19-11-1980
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
2
Purpose
Het inrichten van zieken- en ouderenzorg in de breedste betekenis van het woord en dit met…
Go to Articles of association

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