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Toerisme Limburg

Active
Non-profit associationfounded 1979active for 47 yearsUniversiteitslaan 3, 3500 Hasselt, BelgiumKBO/BCE: BE 0420.092.944
Summary

Toerisme Limburg has been active since 1979 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.6m and a net result of €519,317. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 48% of 383 sector peers (NACE 96, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 21-09-1979 Normal situation
Activity
Other personal services NACE 96999and 1 other
Joint committee
329.01 Paritair Subcomité voor de socio-culturele sector van de Vlaamse Gemeenschap · annual accounts 2024
Establishment unit
2.154.332.782 3500 Hasselt, since 08-06-2006
Financial year end
31 December
Peppol
Reachable since 02-09-2023

Board and ownership

Auditor
CARLO DEWITTE BEDRIJFSREVISOR BV

Financial position

96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€3.7m
Turnover
≈ €6.3m
estimated
Surplus
€519,317
Equity
€1.6m
▲ 47.1%
Total assets
€4.4m
▲ 0.9%
Employees on 31-12-2025
34
=
Score breakdownlowers riskLegal form: non-profit associationLiquidity: current ratio 1.62, cash €3.2mFounded in 1979Size: 30.4 FTE, total assets €4.4mShow the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 68% of small companies in personal services (NACE 96)
Financial strength · tick: 2024
Strong
Solvency 62+11
equity 37.2% of total assets
Liquidity 68+22
short-term debt 61.5% · cash 72.7%
Profitability 73+73
return on assets 11.9%
Bankruptcy probability within 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 0.2% (347 companies, NACE 96, small)
Last 24 months 12-2024: < 0.1% 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 11-2026: < 0.1%● unchanged vs 10-2026lowest value
Credit of up to €150,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.62 (1.41 in 2024), above the usual 1.5. Short-term debt is 61.5% and cash 72.7% of total assets. However, 62.8% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 96, small). It does better than 51% of them on solvency, 75% on liquidity, 60% on profitability and 88% on growth.

The bankruptcy probability was computed on 03-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskneutral
lowers risk · Legal form: non-profit association
KBO
lowers risk · Liquidity: current ratio 1.62, cash €3.2m
NBB · annual accounts
lowers risk · Founded in 1979
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: 30.4 FTE, total assets €4.4m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
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 23-06-2026, 38 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
38 days early
2024
38 days early
2023
36 days early
2022
41 days early
2021
38 days early
2020
37 days early
2019
35 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 38 days before the deadline. In the sector (NACE 96), the median for financial year 2024 was on the deadline day, and 48% 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 23 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Back in profit in 2025after a loss of €1.9m in 2024 €519,317 View
  • Positive: Higher net result than 90% of companies in personal servicessector median €10,550 · 383 companies €519,317 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Flemish supportawarded from 2022 to 2025 €61,719 View

Recent changes

  1. · Gazette deed Permanent representative: Carlo DEWITTEAppointment: CARLO DEWITTE BEDRIJFSREVISOR BV (commissaris revisor)
  2. · Gazette deed 6 directors appointed, 6 directors resigningResignations: Marc CORNELISSEN, Ludo GEURDEN and 4 others · Appointments: Filip VANHEUSDEN, Marc CORNELISSEN and 4 others
  3. · Gazette deed 8 directors appointed, 8 directors resigningResignations: Huub BROERS, Maria BRUNINX and 6 others · Appointments: Laura Olaerts, Liesbet GABRIELS and 6 others
All 21 events

Comparable companies

These companies have the same main activity as Toerisme Limburg: other personal services (NACE 96999). They are comparable in size and age: total assets between €1.8m and €5.6m, founded between 1971 and 1992.

CompanyTotal assetsGross margin
Toerisme Limburg Hasselt€4.4m€3.7m
Centrum voor Ambulante Revalidatie Stappie vzw Gent€5.5m€3.8m
Centrum voor Ambulante Revalidatie Wegwijs vzw Gent€5.1m€2.5m
Het Veer, centrum voor ambulante revalidatie vzw Gent€4.7m€4.1m
Centrum voor Ambulante Revalidatie Ter Kouter vzw Gent€5.6m€4.3m
European Fund and Asset Management Association Brussel€5.6m€3.8m
LE CORTIL Neupré€1.8m€2.7m
Full comparison

Key facts about Toerisme Limburg

What is the company number of Toerisme Limburg?
The company number of Toerisme Limburg is 0420.092.944. The VAT number is the same number with BE in front: BE 0420.092.944.
Where is Toerisme Limburg based?
The registered office is at Universiteitslaan 3, 3500 Hasselt.Company details
What does Toerisme Limburg do?
According to the KBO register, the main activity is other personal services (NACE 96999).
What is the legal form of Toerisme Limburg?
The legal form of Toerisme Limburg is Non-profit association (VZW).
When was Toerisme Limburg founded?
Toerisme Limburg was founded on 21-09-1979.
Is Toerisme Limburg still active?
Yes, Toerisme Limburg is an active enterprise in the KBO register.
How many employees does Toerisme Limburg have?
Toerisme Limburg had an average of 30.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Toerisme Limburg fall under?
In its 2024 annual accounts, Toerisme Limburg states joint committee 329.01 (Paritair Subcomité voor de socio-culturele sector van de Vlaamse Gemeenschap).
What is the turnover of Toerisme Limburg?
The turnover in financial year 2025 is ≈ €6.3m. This figure is estimated from the gross margin of €3.7m and 1,584 comparable companies of the same size. It probably lies between €4.3m and €10.0m. It is a rough estimate. In financial year 2024 turnover was €1.3m.
Is Toerisme Limburg profitable?
In financial year 2025, Toerisme Limburg made a profit of €519,317.
Where can I find the annual accounts of Toerisme Limburg?
Toerisme Limburg filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Toerisme Limburg due?
Toerisme Limburg must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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