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Thomas More Kempen

Active
Non-profit associationfounded 1962active for 64 yearsKleinhoefstraat 4, 2440 Geel, Belgium23 active companies are registered at this addressKBO/BCE: BE 0409.667.028
Summary

Thomas More Kempen has been active since 1962 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €82.7m and a net result of €5.2m. Equity is growing by about 8.5% per year across the filed financial years. Its solvency ranks better than 67% of 835 sector peers (NACE 85, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow ReportCompare
Thomas More KempenActiveChecked score 95/100
Risk analysis ReportCompare

Overview

Activity
Education
NACE 85409Education NACE 85402
Largest company by total assets in Geel, Education sector4 sites
Size
€80.1mturnover 2025
Staff
217.5 FTE
Equity
€82.7m
Surplus
€5.2m
Financial health
95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Board
18 members
Auditor: EY Bedrijfsrevisoren BV2025 accounts 122 days early
Why 95lowers riskLegal form: non-profit associationLiquidity: current ratio 6.33, cash €36.9mSize: turnover €80.1m, 217.5 FTE, total assets €116.7mEquity €82.7m (70.9% of total assets)Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 58% of its sector peers (NACE 85, medium-sized)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 96+7
equity 70.9% of total assets
Liquidity 89+36
short-term debt 9.8% · cash 31.6%
Profitability 65-4
return on assets 4.5%
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% (157 companies, NACE 85, medium-sized)
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 05-2025highest value 07-2025: < 0.1%● unchanged vs 06-2025highest value 08-2025: < 0.1%● unchanged vs 07-2025highest value 09-2025: < 0.1%● unchanged vs 08-2025highest value 10-2025: < 0.1%● unchanged vs 09-2025highest value 11-2025: < 0.1%● unchanged vs 10-2025highest value 12-2025: < 0.1%● unchanged vs 11-2025highest value 01-2026: < 0.1%● unchanged vs 12-2025highest value 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026lowest value 05-2026: < 0.1%● unchanged vs 04-2026lowest value 06-2026: < 0.1%● unchanged vs 05-2026lowest value 07-2026: < 0.1%● unchanged vs 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value
Credit of up to €7,850,000 on 30-day terms is acceptable
Liquidity ample (current ratio 6.33, compared with 3.68 in 2024, above the usual 1.5; short-term debt: 9.8% and cash: 31.6% of total assets), and 29.1% of the assets are financed with debt and provisions.
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 85, medium-sized): better than 68% on solvency, 92% on liquidity, 23% on profitability and 51% on growth.

The bankruptcy probability was computed on 28-10-2026 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 riskneutral
lowers risk · Legal form: non-profit association
KBO
lowers risk · Liquidity: current ratio 6.33, cash €36.9m
NBB · annual accounts
lowers risk · Size: turnover €80.1m, 217.5 FTE, total assets €116.7m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Equity €82.7m (70.9% of total assets)
NBB · annual accounts
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 31-03-2026, 122 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
122 days early
2024
92 days early
2023
34 days early
2022
122 days early
2021
123 days early
2020
102 days early
2019
122 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 102 days before the deadline; the sector median (NACE 85) for financial year 2024 is 16 days before the deadline, and 32% of those companies filed 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 31 March (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
28-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignations: Walter Jeanne Jozef Verbeke, Reinhilde…Appointments: Fede Scheck, Isabelle Huys…
  2. Annual accounts filedfinancial year 2025 · abbreviated…
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Positive: Largest company by total assets in Geel, Education sectorin the Checked rankings No. 1 View
  • Board changedlatest change 01-01-2026 · 18 in office 6 joined · 3 left View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €5.2m 8 years View
  • Active since 1962founded 29-05-1962 64 years View
  • EU research moneyEU contribution €3.7m View

By topic

Financials

Financial year
2025
Turnover
€80.1m
Profit
€5.2m
Solvency
70.9%
Turnover▼ 0.7%
Net result
20182025
Go to Financials

Board & ownership

Board
18 members
Auditor
EY Bedrijfsrevisoren BV
  • Erik ClinckChair
  • Koenraad Frans Julia GeensChair
  • Ann CautreelsDirector
  • Dewi Van De VyverDirector
  • Lauwers BertDirector

and 13 other directors

Go to Board & ownership

Timeline

Events
61
Since
2004
Next accounts
by 31-07-2027
  1. 07-01-2025Appointments: Ottelien Janssens, Loic Wim C Van…
  2. 31-12-2024Highest result from 2018 to 2025
  3. 27-06-2024Annual accounts filed
Go to Timeline

Company details

Sites
4
Legal form
Non-profit association
Activity
EducationNACE 85409
Founded
29-05-1962
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
19
Purpose
“De organisatie van de hoger onderwijsactiviteit; Het praktijkgericht wetenschappelijk…” (deed in Dutch)
Go to Articles of association

Key facts about Thomas More Kempen

What is the company number of Thomas More Kempen?
0409.667.028. In Belgium the VAT number is the company number with BE in front: BE 0409.667.028.
Where is Thomas More Kempen based?
The registered office is at Kleinhoefstraat 4, 2440 Geel.Company details
What does Thomas More Kempen do?
According to the KBO register, the main activity is education (NACE 85409).
What is the legal form of Thomas More Kempen?
Non-profit association (VZW).
When was Thomas More Kempen founded?
On 29-05-1962.
Is Thomas More Kempen still active?
Yes, Thomas More Kempen is an active enterprise in the KBO register.
How many employees does Thomas More Kempen have?
On average 217.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Thomas More Kempen?
€80.1m in financial year 2025, according to the filed annual accounts.
Is Thomas More Kempen profitable?
In financial year 2025, Thomas More Kempen made a profit of €5.2m.
Where can I find the annual accounts of Thomas More Kempen?
Thomas More Kempen filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Thomas More Kempen due?
By 31-07-2027, for financial year 2026.Timeline

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