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Soetkin

Active Non-profit associationfounded 1990active for 35 yearsBudastraat 30, 8500 KortrijkKBO/BCE: BE 0443.641.970 #8 company by equity in Kortrijk, Health and social work sector

Lifetime

19 annual accounts with figures on one time axis, 20 filings since 2006
peak €1.8m (2022)
€1.3m▲ 7.7%
lowest -€1.2m (2015)
€699,335▼ 5.7%
peak €6.3m (2025)
€6.3m▲ 11.0%
€2.2m▲ 1.6%
peak 94.7 FTE (2018)
84.2 FTE▲ 8.2%
Board14 names since 2014all names
9 directors and 8 others
Documentsfilings and deeds
07-07-202624 days before the deadline
2025financial year
Staff from 77.8 FTE to 84.2 FTEInvestments €1.7m

Key points

from the 2025 annual accounts

Equity

€6.3m ▲ 11.0%

Soetkin has made a profit without a break since 2016.

Investments

€58,008 0.2 × depreciation
20212022202320242025

Green is investment, beige is depreciation. Machinery stands 31.3% higher than in 2024.

Staff

110 employees on 31-12-2025
2834202130332022305120233051202430282025

In 2025, 30 people joined and 28 left.

Filings

20 annual accounts since 2006
AprilJune31 JulyOctober2010201520202025

The last five annual accounts were filed 13 to 35 days before the end of the period.

Public support

€18.7m awarded from 2022 to 2025
2022202320242025

Flemish support, mostly Subsidies voorschoolse kinderopvang.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 1,575 companies had the same profile as Soetkin has now. Each dot stands for 4 companies, two years later.

96.6%
were still trading
3.2%
stopped another way
0.1%
went bankrupt
  • Medium-sized
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
Test of the method

The method was tested on the 497,331 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

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 1,575 companies, not a prediction for Soetkin. 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

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Signals

Board and ownership

Chair
Managing director
Managing director
Director
Director
Auditor,
and 4 othersBoard & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0443641970
Merger: Soetkin takes over De BraamRakkertjes General meeting of 31-03-2026 · Gazette deed
Reappointment: (statutory auditor) General meeting of 18-06-2025 · Gazette deed
6 directors appointed, 5 reappointments, 1 statutory auditor reappointed Appointments: , , , (chair), (vice-chair) and (managing director) · Reappointments: , , , , and (statutory auditor) · General meeting of 13-12-2023 · Gazette deed
All 43 events

Comparable companies

same main activity, similar in size and age
Company
Soetkin Kortrijk €1.3m 54.5% 74.2% 84.2
Kinderopvang de Duinhuisjes Knokke-Heist €1.3m 36.2% 56.1% 93.4
Kinderdagverblijf Familia Genk €1.2m 51.4% 80.3% 103.5
Centre régional de la Famille et de l'Enfance Perwez €2.1m -8.8% 76.1% 94.8
Kindercentrum Waregem €2.2m 24.7% 53.1% 126.6
INTERCOMMUNALE DU RESEAU SOCIAL D'INSERTION ET D'ACCUEIL Colfontaine €0.7m -5.2% 27.7% 118.6
De Medemens Kinderdagverblijven Antwerp €1.8m 28.4% 86.5% 123.7
-10%0%10%20%€1m€10m€100mSoetkinEBIT margin

Grey: the largest companies of the sector (social work without accommodation (NACE 88)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as Soetkin: day nurseries and crèches (NACE 88911). They are comparable in size and age: total assets between €4.7m and €17m, founded between 1955 and 2007.

Official details

Source: KBO
Status
Active since 24-12-1990Normal situation
Registered office
12 active companies are registered at this addressSource: KBO register, as of 12 November 2026.
Activity
Day nurseries and crèchesNACE 88911and 1 other
Joint committee
331Flemish welfare and health sector · annual accounts 2025
Establishment units
2.150.779.0208500 Kortrijk, since 03-01-2006
2.150.886.3148540 Deerlijk, since 03-01-2006and 9 others
Financial year end
31 December
Peppol
Reachable since 21-10-2026
Company details

Annual accounts 2025

€7.0m▲ 5.6%
€8.5m▲ 8.4%
Employeeson 31-12-2025
110▲ 5.8%
Filing
Filed on 07-07-2026, 24 days before the end of the filing period
Financials

Insights on Soetkin

Soetkin has existed since 1990. Turnover grew from €873,766 in 2009 to €1.3m in 2025.

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 Soetkin

What is the company number of Soetkin?
The company number of Soetkin is 0443.641.970. The VAT number is the same number with BE in front: BE 0443.641.970.
Where is Soetkin based?
The registered office is at Budastraat 30, 8500 Kortrijk.Company details
What does Soetkin do?
According to the KBO register, the main activity is day nurseries and crèches (NACE 88911).
What is the legal form of Soetkin?
Soetkin is a non-profit association (VZW).
When was Soetkin founded?
Soetkin was founded on 24-12-1990.
Is Soetkin still active?
Yes, Soetkin is an active enterprise in the KBO register.
How many employees does Soetkin have?
Soetkin had an average of 84.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Soetkin fall under?
In its 2025 annual accounts, Soetkin states joint committee 331 (Flemish welfare and health sector).
What is the turnover of Soetkin?
The turnover of Soetkin was €1.3m in financial year 2025, according to the filed annual accounts.
Is Soetkin profitable?
In financial year 2025, Soetkin made a profit of €699,335.
Where can I find the annual accounts of Soetkin?
Soetkin filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Soetkin due?
Soetkin must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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