VAN CUTSEM SANDRA
ActiveSummary
VAN CUTSEM SANDRA has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €32,366 and a net result of €21,715. Equity is growing by ~12.9% per year across the filed fiscal years. Its solvency ranks better than 62% of 19923 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency100▲+18
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
Liquidity ample (current ratio 4.18 against 2.22 in 2023; short-term debt: 23.3% and cash: 40.5% of total assets), and 23.3% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Human health activities (NACE 86)
about 87% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-07-2025, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
24 d early
2023
27 d early
2022
5 d early
2021
37 d early
2020
30 d early
2019
34 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 15 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€32,366▲ 17.0%
2023 · €27,652
Total assets
€42,225▼ 13.6%
2023 · €48,884
Net result
€21,715▲ 72.3%
2023 · €12,600
Working capital
€31,397▲ 21.0%
2023 · €25,938
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 86, Human health activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€30,950▼ 24.3%€27,968▼ 9.6%€8,387▼ 70.0%€16,132▲ 92.3%€28,042▲ 73.8%
Net result€21,558within the sector's middle half▼ 25.6%€19,132below the sector's middle half▼ 11.3%€5,350below the sector's middle half▼ 72.0%€12,600below the sector's middle half▲ 136%€21,715within the sector's middle half▲ 72.3%
Equity€19,579below the sector's middle half▲ 95.4%€35,712below the sector's middle half▲ 82.4%€27,652below the sector's middle half▼ 22.6%€27,652below the sector's middle half=€32,366below the sector's middle half▲ 17.0%
Total assets€93,292below the sector's middle half▼ 1.8%€80,544below the sector's middle half▼ 13.7%€60,242below the sector's middle half▼ 25.2%€48,884below the sector's middle half▼ 18.9%€42,225below the sector's middle half▼ 13.6%
Debt€73,713▼ 13.3%€44,832▼ 39.2%€32,590▼ 27.3%€21,232▼ 34.9%€9,858▼ 53.6%
Working capital€17,854below the sector's middle half▲ 109%€34,861within the sector's middle half▲ 95.3%€27,475within the sector's middle half▼ 21.2%€25,938within the sector's middle half▼ 5.6%€31,397within the sector's middle half▲ 21.0%
Solvency21.0%below the sector's middle half▲ 10.4pp44.3%within the sector's middle half▲ 23.4pp45.9%within the sector's middle half▲ 1.6pp56.6%within the sector's middle half▲ 10.7pp76.7%within the sector's middle half▲ 20.1pp
Current ratio1.53within the sector's middle half▲ 0.262.96within the sector's middle half▲ 1.422.45within the sector's middle half▼ 0.512.22within the sector's middle half▼ 0.234.18within the sector's middle half▲ 1.96
Return on assets (ROA)23.1%within the sector's middle half▼ 7.4pp23.8%within the sector's middle half▲ 0.6pp8.9%within the sector's middle half▼ 14.9pp25.8%within the sector's middle half▲ 16.9pp51.4%above the sector's middle half▲ 25.7pp
above
within
below
the middle half (P25 to P75) of NACE 86, Human health activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 74% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €42,225
Fixed assets
€969 ▼ 43.5%
Current assets
€41,255 ▼ 12.5%
Equity and liabilities €42,225
Equity
€32,366 ▲ 17.0%
Debt
€9,858 ▼ 53.6%
Debt's share of the balance-sheet total falls from 43.4% to 23.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€28,787▼
2023 · €30,438
Cash flow
€22,459▼
2023 · €26,905
Debt to equity
0.30▼
2023 · 0.77
ROE
67.1%▲
2023 · 45.6%
Interest coverage
69.28▲
2023 · 49.28
Debt ≤ 1 year
€9,858▼
2023 · €21,232
Income taxes
€6,535▲
2023 · €3,655
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,679 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.6%
went bankrupt
3.8%
stopped otherwise
95%
still going
A further 0.2% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 34,679 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.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13,975 | €14,081 | €14,081 | €14,305 | €745 | ▼ 94.8% |
| Other operating charges640/8 | - | €928 | €174 | €253 | €338 | ▲ 33.6% |
| Gross operating margin9900 | €46,498 | €42,977 | €22,642 | €30,691 | €29,125 | ▼ 5.1% |
| Operating profit (loss)9901 | €30,950 | €27,968 | €8,387 | €16,132 | €28,042 | ▲ 73.8% |
| Financial income75/76B | - | €0 | €0 | €740 | €623 | ▼ 15.9% |
| Recurring financial income75 | €11 | €0 | €0 | €740 | €623 | ▼ 15.9% |
| Financial charges65/66B | - | €1,026 | €823 | €618 | €415 | ▼ 32.7% |
| Recurring financial charges65 | €1,170 | €1,026 | €823 | €618 | €415 | ▼ 32.7% |
| Profit (loss) for the period before taxes9903 | €29,791 | €26,942 | €7,565 | €16,255 | €28,249 | ▲ 73.8% |
| Income taxes67/77 | €8,232 | €7,809 | €2,215 | €3,655 | €6,535 | ▲ 78.8% |
| Profit (loss) for the period9904 | €21,558 | €19,132 | €5,350 | €12,600 | €21,715 | ▲ 72.3% |
| Profit (loss) for the period to be appropriated9905 | €21,558 | €19,132 | €5,350 | €12,600 | €21,715 | ▲ 72.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €93,292 | €80,544 | €60,242 | €48,884 | €42,225 | ▼ 13.6% |
| Fixed assets21/28 | €41,947 | €27,866 | €13,785 | €1,714 | €969 | ▼ 43.5% |
| Tangible fixed assets22/27 | €41,947 | €27,866 | €13,785 | €1,714 | €969 | ▼ 43.5% |
| Plant, machinery and equipment23 | - | €507 | €105 | €1,714 | €969 | ▼ 43.5% |
| Furniture and vehicles24 | - | €27,359 | €13,680 | - | - | - |
| Current assets29/58 | €51,346 | €52,678 | €46,457 | €47,170 | €41,255 | ▼ 12.5% |
| Amounts receivable within one year40/41 | €641 | €4,360 | €14,386 | €16,006 | - | - |
| Trade receivables40 | - | €1,169 | €617 | €353 | - | - |
| Other amounts receivable41 | - | €3,191 | €13,769 | €15,653 | - | - |
| Cash at bank and in hand54/58 | €39,861 | €33,808 | €22,557 | €9,683 | €17,084 | ▲ 76.4% |
| Deferred charges and accrued income490/1 | - | €14,510 | €9,514 | €21,480 | €24,172 | ▲ 12.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €93,292 | €80,544 | €60,242 | €48,884 | €42,225 | ▼ 13.6% |
| Equity10/15 | €19,579 | €35,712 | €27,652 | €27,652 | €32,366 | ▲ 17.0% |
| Contributions10/11 | - | €6,200 | - | - | - | - |
| Reserves13 | €13,379 | €29,512 | €27,652 | €27,652 | €32,366 | ▲ 17.0% |
| Non-distributable reserves130/1 | - | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | - | - | - | - |
| Distributable reserves133 | - | €27,652 | €27,652 | €27,652 | €32,366 | ▲ 17.0% |
| Profit (loss) carried forward14 | €4,389 | - | - | - | - | - |
| Amounts payable17/49 | €73,713 | €44,832 | €32,590 | €21,232 | €9,858 | ▼ 53.6% |
| Amounts payable after more than one year17 | €40,221 | €27,014 | €13,608 | - | - | - |
| Financial debts170/4 | - | €27,014 | €13,608 | - | - | - |
| Amounts payable within one year42/48 | €33,492 | €17,818 | €18,982 | €21,232 | €9,858 | ▼ 53.6% |
| Current portion of amounts payable after more than one year42 | - | €13,207 | €13,406 | €13,608 | - | - |
| Trade debts44 | €2,482 | €1,721 | €1,713 | €1,844 | €1,561 | ▼ 15.3% |
| Suppliers440/4 | - | €1,721 | €1,713 | €1,844 | €1,561 | ▼ 15.3% |
| Taxes, remuneration and social security45 | - | €2,600 | €3,863 | €5,780 | €7,635 | ▲ 32.1% |
| Taxes450/3 | - | €900 | €2,163 | €3,780 | €5,635 | ▲ 49.1% |
| Remuneration and social security454/9 | - | €1,700 | €1,700 | €2,000 | €2,000 | = |
| Other amounts payable47/48 | - | €290 | - | - | €662 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €21,558 | €19,132 | €5,350 | €12,600 | €21,715 | ▲ 72.3% |
| + Depreciation and write-downs630 | €13,975 | €14,081 | €14,081 | €14,305 | €745 | ▼ 94.8% |
| Operating cash flow (approximation) | €35,534 | €33,213 | €19,431 | €26,905 | €22,459 | ▼ 16.5% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€2,235 | €0 | ▲ 100% |
| Change in cash | - | -€6,053 | -€11,251 | -€12,875 | €7,401 | ▲ 157% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
03-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 34 days late
2019
31-12
Financial
Highest result since 2018net €28,961 ▲3,536%
Operating result €40,880, net result €28,961, both a record.
08-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
25-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Pajottegem · 1 establishment unit since 2012
Ground area
870 m²
Building footprint
210 m²
Volume, LiDAR
833 m³
Parcel 23024B0001/00W000, Flanders · tallest building 6.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
VAN CUTSEM SANDRA
since 20122.209.275.265
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23024B0001/00W000 | Flanders | 870 m² | 1 · 210 m² | 6.8 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 331 EUR awarded · 331 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 78 EUR | 78 EUR |
| 2024 | 1 | 54 EUR | 54 EUR |
| 2023 | 1 | 199 EUR | 199 EUR |
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Of 5,993 companies in sector 86940 we hold annual accounts for 1,811. 1,551 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded04-04-2012
Fiscal year end31-12
Activities, NACEBEL 2025
86940Nursing and midwifery
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0844998375
Also
9925:BE0844998375
Registered
24-11-2023
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.