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VIRO

Active Non-profit associationfounded 2018active for 8 yearsKoning Albert I-laan 188, 8200 BrugesKBO/BCE: BE 0691.714.918 #4 company by staff growth in Bruges, Health and social work sector

Lifetime

6 annual accounts with figures on one time axis, 8 filings since 2018
peak €2.7m (2025)
€2.7m▲ 4.3%
peak €1.5m (2024)
€1.3m▼ 13.4%
peak €15.1m (2025)
€15.1m▲ 8.5%
€7.9m▼ 4.9%
peak 175.3 FTE (2025)
175.3 FTE▲ 4.8%
Board19 names since 2018all names
7 directors and 6 others
Documentsfilings and deeds
13-07-202618 days before the deadline
2025financial year
Resignations: (director) and (director) 17-03Investments €2.6mCash from €1.9m to €452,095

Key points

from the 2025 annual accounts

Equity

€15.1m ▲ 8.5%

VIRO has made a profit in every financial year since 2018.

Investments

€2.6m 3.6 × depreciation
20182022202320242025

Green is investment, beige is depreciation.

Staff

217 employees on 31-12-2025
62552022594720238354202497912025

In 2025, 97 people joined and 91 left.

Filings

8 annual accounts 1 late
AprilJune31 JulyOctober20202025

The 2018 accounts came 2 days late. The other seven were filed on time.

Board

2 joined · 2 left

Board changed. Latest change 01-01-2026 · 10 in office.

Public support

€23.6m awarded from 2022 to 2025
2022202320242025

Flemish support, mostly Persoonsvolgend budget voor personen met een handicap (PVB).

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 153 companies had the same profile as VIRO has now. Each dot is one company, two years later.

96.1%
were still trading
3.9%
stopped another way
0.0%
went bankrupt
  • Medium-sized
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 153 companies, not a prediction for VIRO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

Chair
Director, since 05-03-2018
Director, since 05-03-2018
Director, since 05-03-2018
Director
Auditor,
and 5 othersBoard & ownership

Recent changes

Environmental permit granted Bomen vellen die geen deel uitmaken van een bos en/of bodemreliëf wijzigen, Bouwen of herbouwen, Nieuwbouw of aanleggen and 4 more · Brugge
Environmental permit granted Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden · Brugge
Environmental permit granted Aanleggen van recreatieve terreinen, Bomen vellen die geen deel uitmaken van een bos en/of bodemreliëf wijzigen, Bouwen of herbouwen and 3 more · Brugge
1 statutory auditor appointed, 2 directors appointed, 3 resignations Appointments: (statutory auditor), and · Permanent representatives: , and · Resignations: , and · General meeting of 15-12-2025 · Gazette deed
All 35 events

Comparable companies

same main activity, similar in size and age
Company
VIRO Bruges €2.7m 48.7% 64.6% 175.3
HEDER Antwerp €1.9m 31.9% 33.5% 421
COUPOLE BRUXELLOISE DE L'AUTISME Jette - - 76.4% 30.1
IMPRO LE SAULCHOIR Tournai - - 21.5% 268.5
Heureux Abri Momignies Momignies - - 53.3% 157.8
INSPIRANT Koksijde €1.6m 34.2% 74.3% 300.5
Centre La Pommeraie Beloeil - - 82.9% -
-10%0%10%20%€2m€20m€200mVIROEBIT margin

Grey: the largest companies of the sector (residential care (NACE 87)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as VIRO: residential care activities (NACE 87201). They are comparable in size and age: total assets between €3.9m and €45m, founded between 1988 and 2013.

Official details

Source: KBO
Status
Active since 05-03-2018Normal situation
Activity
Residential care activitiesNACE 87201
Joint committee
319.01Educational and residential institutions · annual accounts 2024
Establishment units
2.278.495.5548200 Bruges, since 01-09-2018
2.278.572.2638000 Bruges, since 17-09-2018and 9 others
Financial year end
31 December
Peppol
Reachable since 11-12-2025
Company details

Annual accounts 2025

€18.2m▲ 9.7%
€23.4m▲ 3.5%
Employeeson 31-12-2025
217▲ 2.8%
Filing
Filed on 13-07-2026, 18 days before the end of the filing period
Financials

Insights on VIRO

VIRO has existed since 2018. Turnover grew from €1.1m in 2018 to €2.7m in 2025 and staff from 108 to 175.3 full-time equivalents.

Turnover has grown every year since 2022.

In 2025, three directors stepped down.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about VIRO

What is the company number of VIRO?
The company number of VIRO is 0691.714.918. The VAT number is the same number with BE in front: BE 0691.714.918.
Where is VIRO based?
The registered office is at Koning Albert I-laan 188, 8200 Bruges.Company details
What does VIRO do?
According to the KBO register, the main activity is residential care activities (NACE 87201).
What is the legal form of VIRO?
VIRO is a non-profit association (VZW).
When was VIRO founded?
VIRO was founded on 05-03-2018.
Is VIRO still active?
Yes, VIRO is an active enterprise in the KBO register.
How many employees does VIRO have?
VIRO had an average of 175.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does VIRO fall under?
In its 2024 annual accounts, VIRO states joint committee 319.01 (Educational and residential institutions).
What is the turnover of VIRO?
The turnover of VIRO was €2.7m in financial year 2025, according to the filed annual accounts.
Is VIRO profitable?
In financial year 2025, VIRO made a profit of €1.3m.
Where can I find the annual accounts of VIRO?
VIRO filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VIRO due?
VIRO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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