Source
ActiveSummary
Source has been active since 1959 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.9m and a net result of €11,200. Equity is growing by about 8.2% per year across the filed financial years. Its solvency ranks better than 66% of 692 sector peers (NACE 87, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Staff
- 31.3 FTE
- Equity
- €1.9m
- Surplus
- €11,200
- Board
- 6 members
Why 94raises riskLiquidity: current ratio 2.92, cash €196,382lowers riskLegal form: non-profit associationSector: Residential care activities (NACE 87)Equity €1.9m (60.4% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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, small): better than 64% on solvency, 47% on liquidity, 47% on profitability and 48% on growth.
The bankruptcy probability was computed on 21-10-2026 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
This company filed its last 7 accounts on average 48 days before the deadline; the sector median (NACE 87) for financial year 2024 is 27 days before the deadline, and 25% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · full…
- Annual accounts filedfinancial year 2024 · full…
- Highest result from 2018 to 2025net €77,181 ▲152%
Financials · financial year 2025, full format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result stays negative: a loss of €20,646 in 2025 against €82,442 in 2024; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 87, Residential care activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 14,766 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96.1% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 14,766 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €0.02m | €0.04m | €0.002m | €0.007m | €0.003m | ▼ 52.0% |
| Remuneration, social security and pensions62 | - | - | - | €1.5m | €1.7m | €1.7m | €1.9m | €1.9m | ▲ 3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.06m | €0.05m | €0.06m | €0.06m | €0.1m | €0.1m | €0.1m | €0.2m | ▲ 14.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €0.001m | - | -€0.005m | €0.007m | -€0.01m | - |
| Other operating charges640/8 | - | - | - | €0.01m | €0.001m | €0.03m | €0.009m | €0.02m | ▲ 168% |
| Non-recurring operating charges66A | - | - | - | €0.002m | €0.002m | - | €0.007m | €0.003m | ▼ 53.3% |
| Gross operating margin9900 | €1.4m | €1.5m | €1.5m | €1.7m | €2.0m | €1.9m | €2.0m | €2.1m | ▲ 6.6% |
| Operating profit (loss)9901 | -€0.05m | -€0.03m | -€0.006m | €0.005m | -€0.004m | -€0.06m | -€0.08m | -€0.02m | ▲ 75.0% |
| Financial income75/76B | - | - | - | €0.03m | €0.06m | €0.1m | €0.2m | €0.07m | ▼ 61.8% |
| Recurring financial income75 | €0.03m | €0.02m | €0.03m | €0.03m | €0.06m | €0.1m | €0.1m | €0.003m | ▼ 97.4% |
| Non-recurring financial income76B | - | - | - | - | - | €0.01m | €0.08m | €0.07m | ▼ 16.6% |
| Financial charges65/66B | - | - | - | €0.009m | €0.01m | €0.02m | €0.02m | €0.04m | ▲ 86.3% |
| Recurring financial charges65 | €0.009m | €0.009m | €0.008m | €0.009m | €0.01m | €0.01m | €0.01m | €0.01m | ▲ 1.8% |
| Non-recurring financial charges66B | - | - | - | - | - | €0.006m | €0.007m | €0.02m | ▲ 248% |
| Profit (loss) for the period before taxes9903 | -€0.04m | -€0.02m | €0.02m | €0.02m | €0.05m | €0.03m | €0.08m | €0.01m | ▼ 85.8% |
| Income taxes67/77 | - | - | - | - | - | €0.001m | €0.001m | -€9 | - |
| Profit (loss) for the period9904 | -€0.04m | -€0.01m | €0.02m | €0.02m | €0.05m | €0.03m | €0.08m | €0.01m | ▼ 85.5% |
| Profit (loss) for the period to be appropriated9905 | -€0.04m | -€0.01m | €0.02m | €0.02m | €0.05m | €0.03m | €0.08m | €0.01m | ▼ 85.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.9m | €1.9m | €1.9m | €2.6m | €3.1m | €3.0m | €3.1m | €3.2m | ▲ 1.6% |
| Fixed assets21/28 | €0.9m | €0.8m | €0.9m | €0.9m | €1.9m | €2.0m | €1.9m | €2.0m | ▲ 5.9% |
| Intangible fixed assets21 | - | - | - | - | - | - | - | €0.002m | - |
| Tangible fixed assets22/27 | €0.9m | €0.8m | €0.9m | €0.9m | €1.9m | €2.0m | €1.9m | €2.0m | ▲ 5.8% |
| Land and buildings22 | - | - | - | €0.8m | €1.8m | €1.9m | €1.8m | €2.0m | ▲ 11.2% |
| Plant, machinery and equipment23 | - | - | - | €0.07m | €0.05m | €0.05m | €0.09m | - | - |
| Furniture and vehicles24 | - | - | - | €0.01m | €0.003m | €0.01m | €0.01m | €0.007m | ▼ 38.3% |
| Financial fixed assets28 | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | ▲ 0.7% |
| Current assets29/58 | €1.0m | €1.0m | €1.0m | €1.7m | €1.2m | €1.0m | €1.3m | €1.2m | ▼ 4.7% |
| Amounts receivable within one year40/41 | €0.4m | €0.2m | €0.09m | €0.1m | €0.2m | €0.4m | €0.2m | €0.3m | ▲ 44.6% |
| Trade receivables40 | - | - | - | €0.03m | €0.05m | €0.08m | €0.02m | €0.06m | ▲ 210% |
| Other amounts receivable41 | - | - | - | €0.1m | €0.1m | €0.3m | €0.2m | €0.2m | ▲ 26.5% |
| Current investments50/53 | €0.4m | €0.6m | €0.6m | €0.6m | €0.4m | €0.5m | €0.7m | €0.7m | ▼ 3.7% |
| Cash at bank and in hand54/58 | €0.3m | €0.3m | €0.3m | €0.9m | €0.5m | €0.2m | €0.3m | €0.2m | ▼ 38.0% |
| Deferred charges and accrued income490/1 | - | - | - | €0.04m | €0.04m | €0.01m | €0.01m | €0.007m | ▼ 41.8% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.9m | €1.9m | €1.9m | €2.6m | €3.1m | €3.0m | €3.1m | €3.2m | ▲ 1.6% |
| Equity10/15 | €1.2m | €1.2m | €1.2m | €1.2m | €1.8m | €1.7m | €1.9m | €1.9m | ▲ 2.0% |
| Contributions10/11 | - | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Capital10 | - | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Reserves13 | - | - | - | €0.8m | €0.8m | €0.3m | €0.3m | €0.3m | = |
| Profit (loss) carried forward14 | -€0.04m | -€0.05m | -€0.03m | -€0.003m | €0.03m | €0.04m | €0.07m | €0.08m | ▲ 15.8% |
| Investment grants15 | - | - | - | €0.3m | €0.8m | €1.3m | €1.4m | €1.4m | ▲ 2.0% |
| Provisions and deferred taxes16 | €0.02m | €0.04m | €0.03m | €0.1m | €0.2m | €0.3m | €0.4m | €0.4m | ▲ 13.7% |
| Provisions for liabilities and charges160/5 | - | - | - | €0.1m | €0.2m | €0.3m | €0.4m | €0.4m | ▲ 13.7% |
| Major repairs and maintenance162 | - | - | - | €0.1m | €0.2m | €0.2m | €0.3m | €0.3m | = |
| Other liabilities and charges164/5 | - | - | - | €0.03m | €0.04m | €0.06m | €0.06m | €0.1m | ▲ 89.1% |
| Amounts payable17/49 | €0.7m | €0.7m | €0.6m | €1.2m | €1.1m | €0.9m | €0.9m | €0.9m | ▼ 4.1% |
| Amounts payable after more than one year17 | €0.4m | €0.4m | €0.3m | €0.3m | €0.5m | €0.5m | €0.5m | €0.4m | ▼ 7.1% |
| Financial debts170/4 | - | - | - | €0.3m | €0.5m | €0.5m | €0.5m | €0.4m | ▼ 7.1% |
| Amounts payable within one year42/48 | €0.3m | €0.3m | €0.3m | €0.5m | €0.5m | €0.4m | €0.4m | €0.4m | ▼ 1.0% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.02m | €0.03m | €0.03m | €0.03m | €0.03m | ▲ 2.3% |
| Trade debts44 | €0.03m | €0.05m | €0.03m | €0.1m | €0.2m | €0.1m | €0.02m | €0.02m | ▲ 39.9% |
| Suppliers440/4 | - | - | - | €0.1m | €0.2m | €0.1m | €0.02m | €0.02m | ▲ 39.9% |
| Taxes, remuneration and social security45 | - | - | - | €0.3m | €0.3m | €0.2m | €0.4m | €0.3m | ▼ 6.2% |
| Taxes450/3 | - | - | - | €0.03m | €0.002m | €0.002m | €0.06m | €0.06m | ▲ 1.3% |
| Remuneration and social security454/9 | - | - | - | €0.3m | €0.3m | €0.2m | €0.3m | €0.3m | ▼ 7.7% |
| Accrued charges and deferred income492/3 | - | - | - | €0.4m | €0.001m | €0.02m | €0.01m | €0.01m | ▲ 0.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€0.04m | -€0.01m | €0.02m | €0.02m | €0.05m | €0.03m | €0.08m | €0.01m | ▼ 85.5% |
| + Depreciation and write-downs630 | €0.06m | €0.05m | €0.06m | €0.06m | €0.1m | €0.1m | €0.1m | €0.2m | ▲ 14.6% |
| Operating cash flow (approximation) | €0.03m | €0.03m | €0.08m | €0.08m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 19.4% |
| Investment in fixed assets (approximation) | - | -€0.03m | -€0.1m | -€0.07m | -€1.1m | -€0.2m | -€0.06m | -€0.3m | ▼ 345% |
| Change in cash | - | €0.01m | €0.03m | €0.6m | -€0.3m | -€0.4m | €0.2m | -€0.1m | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 20 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 09-06-2026 | 2026-00146017 |
| 31-12-2024 | full format | 05-06-2025 | 2025-00121991 |
| 31-12-2023 | full format | 16-05-2024 | 2024-00091391 |
| 31-12-2022 | full format | 03-07-2023 | 2023-00188040 |
| 31-12-2021 | full format | 24-06-2022 | 2022-20088287 |
| 31-12-2020 | full format | 16-06-2021 | 2021-20400369 |
| 31-12-2019 | full format | 22-06-2020 | 2020-19400190 |
| 31-12-2018 | full format | 24-05-2019 | 2019-15100503 |
| 31-12-2017 | full format | 09-08-2018 | 2018-44200388 |
| 31-12-2016 | full format | 12-12-2017 | 2017-71700248 |
Similar companies · same sector, comparable size
Subsidies and aid
Wallonia-Brussels Federation
2023 to 2025 · 12 entries · €54,324 in total| Year | Entries | Paid |
|---|---|---|
| 2025 | 4 | €21,055 |
| 2024 | 4 | €22,422 |
| 2023 | 4 | €10,846 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 6
Other functions 6
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- Other function
- began earlier
| Name | Functions and periods |
|---|---|
| De Longueville Alain |
|
| Mertens Thierry |
|
| Meyer Claire |
|
| Taymans Jean-François |
|
| van der Bruggen Guy |
|
| van Nuffel d'Heynsbroeck Eric |
|
Owners and capital
Owners
This non-profit association has no shareholders or capital.
Group and network
Connections & network
6 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
18-01
Gazette deed
Purpose · Amendment of the articles2 facts ▸
- General meeting, 13-12-2023
- Amendment of the articles, “Artikel 4” (deed in Dutch)
24-11
Gazette deed
Appointment: Mertens Thierry (bewindvoerder)Reappointments: van Nuffel d'Heynsbroeck Eric, Taymans Jean-François and 3 others · Amendment of the articles8 facts ▸
- Director appointment, Mertens Thierry (bewindvoerder)
- Director reappointment, van Nuffel d'Heynsbroeck Eric (beheerder)
- Director reappointment, Taymans Jean-François (beheerder)
- Director reappointment, Meyer Claire (beheerder)
- Director reappointment, van der Bruggen Guy (beheerder)
- Director reappointment, De Longueville Alain (beheerder)
- General meeting, 26-05-2023
- Amendment of the articles
About the unread acts
Of the 12 Belgian Official Gazette deeds we know for this company, 4 have been read. The other 8 have not been read yet: what they contain is neither established nor disproved here.
Register details
No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.
What can you do?
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 22 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Food safety, FASFC
2 sitesEnvironmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
2 establishment units
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21810L2558/00H004 | Brussels | 425 m² | 1 · 161 m² | 21.7 m · 6 |
| 21810L2558/00Y004 | Brussels | 236 m² | 1 · 227 m² | 17.3 m · 4 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Elle crée et participe à la création de centres d'accueil et de lieux de rencontre destinés à promouvoir l'autonomie des bénéficiaires, leur…” (deed in French)deed of 18-01-2024
7 activities (deed in French)
- Elle crée et participe à la création de centres d'accueil et de lieux de rencontre destinés à promouvoir l'autonomie des bénéficiaires, leur bien-être physique et leur réinsertion dans la société.
- A cet effet, elle peut notamment favoriser et développer, principalement chez les adultes:
- A) Une prise de conscience et une connaissance critique des réalités de la société;
- B) Des capacités d'analyse, de choix, d'action et d'évaluation;
- C) Des attitudes de responsabilité et de participation active à la vie sociale, économique, culturelle et politique.
- L'association peut faire tous actes nécessaires ou utiles à la réalisation de son but. A cet effet, elle peut acquérir ou posséder en propriété ou autrement tous biens meubles et immeubles.
- Elle peut utiliser ces biens, les gérer ou les mettre à disposition.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimiteddeed of 18-01-2024
- Name clauseThe name the company operates under according to its articles.
- Sourcedeed of 18-01-2024
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- One provision in the deeddeed of 18-01-2024
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Two directors jointly
- Board ruleHow the board is made up, meets and takes decisions.
- “Raad van Bestuur, 14” (deed in Dutch)
Capital, shares and profit
- Membership ruleWho can become a member or partner, and on what terms.
- “Aantal, Artikel 6” (deed in Dutch)“Toelating, Artikel 7” (deed in Dutch)“Rechten en plichten, Artikel 8” (deed in Dutch)“Onbepaalde tijd, Ontslag,uitsluiting en overlijden” (deed in Dutch)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “21” (deed in Dutch)deed of 18-01-2024
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Na vereffening van passiva, één of meer vereffenaars” (deed in Dutch)deed of 24-11-2023