Vincenthof
ActiveVincenthof has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €37.97M and a net result of €1.11M. Equity is growing by ~3% per year across the filed fiscal years. Its solvency ranks better than 95% of 638 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2024
100
/ 100
Excellent▲ +16 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability49▲+12
Solvency100=
Growth52▼-1
Stability100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.8M at 30 days acceptable
Liquidity ample (current ratio 6.3 against 6.58 in 2023), and 6.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 87
Relative position
BE, all sectors
reference
Sector 87
lower
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
93.8%
Return on assets
2.7%
Age of the figures
20 mo
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 25-06-2025, 36 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
36 d early
2023
33 d early
2022
32 d early
2021
53 d early
2020
38 d early
2019
38 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Turnover
€17.77M▲ 3.9%
2023 · €17.10M
2018: €12.82M
2019: €13.58M
2020: €14.15M
2021: €14.68M
2022: €16.04M
2023: €17.10M
2018 → 2024
EBIT margin
5.9%▲ 3.5pp
2023 · 2.4%
2018: 14.2%
2019: 10.9%
2020: 7.9%
2021: 12.9%
2022: 4.1%
2023: 2.4%
2018 → 2024
Net result
€1.11M▲ 76.6%
2023 · €629k
2018: €1.81M
2019: €1.58M
2020: €1.13M
2021: €1.80M
2022: €356k
2023: €629k
2018 → 2024
Working capital
€12.79M▼ 0.1%
2023 · €12.81M
2018: €7.09M
2019: €9.74M
2020: €10.13M
2021: €10.55M
2022: €11.09M
2023: €12.81M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€14.15M-€14.68M▲ 3.7%€16.04M▲ 9.2%€17.10M▲ 6.6%€17.77M▲ 3.9%
Equity€34.27M-€36.02M▲ 5.1%€36.33M▲ 0.8%€36.91M▲ 1.6%€37.97M▲ 2.9%
Operating result€1.12M-€1.89M▲ 69.2%€652k▼ 65.5%€410k▼ 37.1%€1.05M▲ 157%
Net result€1.13M-€1.80M▲ 59.2%€356k▼ 80.3%€629k▲ 76.7%€1.11M▲ 76.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 157% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €40.47M
Fixed assets
€25.26M▲ 4.2%
Current assets
€15.20M▲ 0.7%
Equity and liabilities €40.47M
Equity
€37.97M▲ 2.9%
Debt
€2.50M▲ 2.6%
The debt ratio stays at 6.2%.
Key figures and ratios
EBITDA
€2.68M▲
2023 · €2.01M
Cash flow
€2.73M▲
2023 · €2.23M
Solvency
93.8%=
2023 · 93.8%
Current ratio
6.30▼
2023 · 6.58
Quick ratio
6.28▼
2023 · 6.55
Debt / equity
0.07▼
2023 · 0.07
ROE
2.9%▲
2023 · 1.7%
ROA
2.7%▲
2023 · 1.6%
Interest coverage
132.99▲
2023 · -10.16
Debt
€2.50M▲
2023 · €2.44M
Debt ≤ 1 year
€2.41M▲
2023 · €2.30M
Income taxes
€95k▲
2023 · €62k
Staff costs
€15.48M▲
2023 · €14.91M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€39.34M€40.47M▲
Fixed assets21/28€24.24M€25.26M▲
Intangible fixed assets21€0-
Tangible fixed assets22/27€24.22M€25.25M▲
Land and buildings22€23.07M€24.55M▲
Plant, machinery and equipment23€288k€256k▼
Furniture and vehicles24€561k€435k▼
Assets under construction and advance payments27€295k€10k▼
Financial fixed assets28€19k€15k▼
Other financial fixed assets284/8€19k€15k▼
Shares284€15k€15k=
Amounts receivable and cash guarantees285/8€4k-
Current assets29/58€15.10M€15.20M▲
Stocks and contracts in progress3€69k€56k▼
Stocks30/36€69k€56k▼
Raw materials and consumables30/31€69k€56k▼
Amounts receivable within one year40/41€1.02M€948k▼
Trade receivables40€896k€948k▲
Other amounts receivable41€124k-
Current investments50/53€13.51M€13.53M▲
Cash at bank and in hand54/58€383k€524k▲
Deferred charges and accrued income490/1€125k€141k▲
Equity and liabilities
Total equity and liabilities10/49€39.34M€40.47M▲
Equity10/15€36.91M€37.97M▲
Contributions10/11-€499k
Capital10-€499k
Reserves13€13.30M€13.30M=
Profit (loss) carried forward14€22.90M€24.01M▲
Investment grants15€208k€157k▼
Amounts payable17/49€2.44M€2.50M▲
Amounts payable within one year42/48€2.30M€2.41M▲
Trade debts44€320k€210k▼
Suppliers440/4€320k€210k▼
Taxes, remuneration and social security45€1.96M€2.19M▲
Taxes450/3€203k€194k▼
Remuneration and social security454/9€1.76M€1.99M▲
Accrued charges and deferred income492/3€139k€87k▼
Income statement
Code20232024
Operating income70/76A€20.06M€20.96M▲
Turnover70€17.10M€17.77M▲
Other operating income74€404k€426k▲
Non-recurring operating income76A€5k€53▼
Operating charges60/66A€19.65M€19.91M▲
Goods for resale, raw materials and consumables60€1.42M€1.43M▲
Purchases600/8€1.42M€1.42M▼
Change in stocks: decrease (increase)609€-2k€13k▲
Services and other goods61€1.69M€1.27M▼
Remuneration, social security and pensions62€14.91M€15.48M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.60M€1.62M▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€3k
Other operating charges640/8€25k€90k▲
Non-recurring operating charges66A€307€284▼
Operating profit (loss)9901€410k€1.05M▲
Financial income75/76B€83k€174k▲
Recurring financial income75€83k€174k▲
Income from current assets751€58k€155k▲
Other financial income752/9€25k€19k▼
Financial charges65/66B€-198k€20k▲
Recurring financial charges65€-198k€20k▲
Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651€-268k-
Other financial charges652/9€70k€20k▼
Profit (loss) for the period before taxes9903€691k€1.21M▲
Income taxes67/77€62k€95k▲
Taxes670/3€62k€95k▲
Profit (loss) for the period9904€629k€1.11M▲
Profit (loss) for the period to be appropriated9905€629k€1.11M▲
Appropriation of the result
Profit (loss) to be appropriated9906€22.90M€24.01M▲
Profit (loss) brought forward from the previous period14P€22.27M€22.90M▲
Social balance
Average headcount (FTE)9087215.7218.0▲
The notes to these accounts (44 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €356k ▼80.3%
Net result drops to €356k, the lowest in the series; recovery starts the following year.
08-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
23-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
18-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
19-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
23-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
07-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
01-01-2026
De Mey Rita: Resigned as Director
01-01-2026
Knudde Hermin: Resigned as Director
01-01-2025
Piet Schutyser: Resigned as Director
01-01-2025
Vanooteghem Marie-Cecile: Resigned as Director
09-01-2022
De Waele Laurent: Resigned as Director
31-05-2019
Coppens Jeanine: Resigned as Director
14-01-2018
Ivens Herman: Resigned as Director
01-11-2009
Lieven Decaluwé: Resigned as Director
Location & real-estate footprint
Registered office, Gent · 2 establishment units since 2006
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Gasthuisstraat 109041 GentGround area
2.9 ha
Building footprint
2,717 m²
Volume, LiDAR
19,514 m³
2 parcels, Flanders · tallest building 11.8 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Vincenthof vzw
since 20062.150.810.593
Campus Sint-Elisabeth
since 20102.191.728.658
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44051A1205/00A002 | Flanders | 1.6 ha | 1 · 2,529 m² | 11.8 m · 2 fl. |
| 44051A1281/00D003 | Flanders | 1.3 ha | 1 · 188 m² | 7.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Statutory auditor
1 auditor| JACQUES STEYAERT Statutory auditor · represented by Jacques STEYAERT | - → 01-01-2025 |
Public money · subsidies and aid
Flemish government
2022 to 2025 · 24 entries · 10,732,434 EUR awarded · 10,732,434 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 5 | 9,820,188 EUR | 9,820,188 EUR |
| 2024 | 6 | 155,509 EUR | 185,749 EUR |
| 2023 | 7 | 363,848 EUR | 354,108 EUR |
| 2022 | 6 | 392,889 EUR | 372,389 EUR |
Schemes
Erkenning en financiering/subsidiëring van woonzorgcentra
Vlaams opleidingsverlof (VOV)
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Subsidie aan instellingen in het beleidsdomein Welzijn, Volksgezondheid en Gezin voor de tussenkomst in de energiekost in 2023
Relance budget 45 - Inzetten op kwaliteit en 'good governance' van WZC & vooruitschuif nieuw beleid
Show 3 more
Call groene stroom (stopgezet)
Premie kwalificerend werkplekleren
Stagebonus (stopgezet)
Recognitions · licences · registrations
Food safety, FASFC
2 sitesGent2.150.810.593
Gent2.191.728.658
Care and welfare
11 services · 8 liveCentrum voor Kortverblijf Vincenthof
CVH Sint-ELisabeth
Eekhoutdries
Kloosterhof
Show 7 more services
Sint-Elisabeth
Sint-Vincentius
Sint-Vincentius
Vincenthof 1
HOME SINT-ELISABETH
Sint-Elisabeth
Sint-Vincentius
Dual-learning approval
4 live approvals · 10 endedBasiszorg en ondersteuning duaal (so)
Basiszorg en ondersteuning duaal (so)
Verzorgende/Zorgkundige duaal (so)
Verzorgende/Zorgkundige duaal (so)
Legal Entity Identifier
529900LM2XQ167IB5B13
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Of 599 companies in sector 87301 we hold annual accounts for 492. 133 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formNon-profit association
Founded01-12-1986
Fiscal year end31-12
Activities, NACEBEL
85315
87301Residential care activities
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.