STICHTING CLOSE THE GAP has the legal form “Public-utility foundation” in the KBO; Checked does not compute a bankruptcy probability for it. The 2025 annual accounts show equity of €2.4m and a net result of €70,174. Equity remains stable across the filed financial years (±1.4% per year). The company has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals.
Bankruptcy probability: legal form outside the model
Structure
Accounts 8 days early1 of 9 deeds read
SignalsneutralLatest accounts filed on timeShow the evidence
Checked score
Score 2025
Checked score
A figure from 0 to 100 for financial health from the latest annual accounts: the higher, the healthier. There is no bankruptcy probability for this company, so the score rests on the figures alone.
74/ 100
Healthy▲ +4 on 2024
Without a bankruptcy probability: score from the figures alone
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. Without a bankruptcy probability, this company's Checked score rests on these figures.
Strong
Solvency100=
equity 99.4% of total assets
Liquidity78+4
short-term debt 0.6% · cash 22.2%
Profitability45+11
return on assets 2.9%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
For a Public-utility foundation we don't show a bankruptcy probability: the model is built on companies and gives no reliable figure for associations and foundations.
Credit of up to €15,000 on 30-day terms is acceptable
Liquidity ample (current ratio 41.81, above the usual 1.5; short-term debt: 0.6% and cash: 22.2% of total assets), and 0.6% of the assets are financed with debt and provisions.
This company filed its last 7 accounts on average 16 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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 23 July (5 of the last 5 filed years within 30 days of that day).