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Volkstehuis

Active
Non-profit associationfounded 194680 yrs activeKempische Kaai 11, 3500 Hasselt, BelgiumKBO/BCE: BE 0407.036.744

Volkstehuis has been active since 1946 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €720k and a net result of €41k. Equity is growing by ~12.4% per year across the filed fiscal years. Its solvency ranks better than 55% of 89 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Checked score

Score 2025
74 / 100
Healthy▼ -20 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability29▼-33
Solvency74▼-11
Growth78=
Stability100
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity tight (current ratio 1.17 against 1.8 in 2024), and 52.5% 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 riskneutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 80 years 0 90 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
47.5%
Return on assets
2.7%
Age of the figures
9 mo
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 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
16 d early
2024
24 d early
2023
26 d early
2022
32 d early
2021
13 d early
2020
19 d early
2019
31 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€720k▲ 6.1%
2024 · €679k
2018: €291k 2019: €349k 2020: €423k 2021: €475k 2022: €518k 2023: €595k 2024: €679k
2018 → 2025
Total assets
€1.52M▼ 0.2%
2024 · €1.52M
2018: €1.36M 2019: €1.38M 2020: €1.39M 2021: €1.38M 2022: €1.38M 2023: €1.42M 2024: €1.52M
2018 → 2025
Net result
€41k▼ 50.7%
2024 · €84k
2018: €16k 2019: €57k 2020: €74k 2021: €52k 2022: €43k 2023: €77k 2024: €84k
2018 → 2025
Working capital
€43k▼ 77.7%
2024 · €194k
2018: €2k 2019: €32k 2020: €88k 2021: €75k 2022: €112k 2023: €137k 2024: €194k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€475k-€518k▲ 9.0%€595k▲ 14.9%€679k▲ 14.1%€720k▲ 6.1%
Operating result€77k-€66k▼ 14.1%€77k▲ 17.1%€106k▲ 37.4%€63k▼ 40.9%
Net result€52k-€43k▼ 18.3%€77k▲ 80.7%€84k▲ 8.5%€41k▼ 50.7%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100kOperating result 2021: €77k€77kNet result 2021: €52k€52kOperating result 2022: €66k€66kNet result 2022: €43k€43kOperating result 2023: €77k€77kNet result 2023: €77k€77kOperating result 2024: €106k€106kNet result 2024: €84k€84kOperating result 2025: €63k€63kNet result 2025: €41k€41k20212022202320242025
The operating result falls in 2025; 2025 is 41% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.52M
Fixed assets €1.22M▲ 12.6%
Current assets €297k▼ 31.9%
Equity and liabilities €1.52M
Equity €720k▲ 6.1%
Debt €796k▼ 5.3%
The debt ratio falls from 55.3% to 52.5%: equity grows while debt is paid down.
Key figures and ratios
2025 value · change against 2024
EBITDA
€134k
2024 · €170k
Cash flow
€112k
2024 · €148k
Solvency
47.5%
2024 · 44.7%
Current ratio
1.17
2024 · 1.80
Quick ratio
1.16
2024 · 1.79
Debt / equity
1.11
2024 · 1.24
ROE
5.7%
2024 · 12.3%
ROA
2.7%
2024 · 5.5%
Interest coverage
6.05
2024 · 7.48
Debt
€796k
2024 · €841k
Debt ≤ 1 year
€254k
2024 · €243k
Debt > 1 year
€542k
2024 · €598k
Staff costs
€169k
2024 · €198k
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 · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€1.52M€1.52M
Fixed assets21/28€1.08M€1.22M
Tangible fixed assets22/27€1.08M€1.22M
Land and buildings22€963k€1.11M
Plant, machinery and equipment23€114k€100k
Furniture and vehicles24€6k€5k
Current assets29/58€436k€297k
Stocks and contracts in progress3€3k€3k
Stocks30/36€3k€3k
Amounts receivable within one year40/41€31k€24k
Trade receivables40€31k€24k
Other amounts receivable41€256€233
Cash at bank and in hand54/58€402k€270k
Equity and liabilities
Total equity and liabilities10/49€1.52M€1.52M
Equity10/15€679k€720k
Contributions10/11€263k€263k=
Capital10€263k€263k=
Profit (loss) carried forward14€416k€457k
Amounts payable17/49€841k€796k
Amounts payable after more than one year17€598k€542k
Financial debts170/4€598k€542k
Amounts payable within one year42/48€243k€254k
Current portion of amounts payable after more than one year42€69k€71k
Trade debts44€30k€13k
Suppliers440/4€30k€13k
Taxes, remuneration and social security45€21k€20k
Taxes450/3€4k€5k
Remuneration and social security454/9€17k€15k
Income statement Code20242025
Remuneration, social security and pensions62€198k€169k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€64k€71k
Other operating charges640/8€14k€17k
Gross operating margin9900€382k€319k
Operating profit (loss)9901€106k€63k
Financial income75/76B€527€752
Recurring financial income75€527€752
Financial charges65/66B€23k€22k
Recurring financial charges65€23k€22k
Profit (loss) for the period before taxes9903€84k€41k
Profit (loss) for the period9904€84k€41k
Profit (loss) for the period to be appropriated9905€84k€41k
Appropriation of the result
Profit (loss) to be appropriated9906€416k€457k
Profit (loss) brought forward from the previous period14P€332k€416k

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
15-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
07-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2018net €84k ▲8.5%
Operating result €106k, net result €84k, both a record.
05-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
29-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Equity above €500kEq €518k ▲9%
5 profitable years in a row build equity to €518k.
18-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
12-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
27-06
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
04-06
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
20-04
NBB filing Annual accounts filed
fiscal year 2016 · 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 2020
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.
29-06-2020 Thierie Dominique: Resigned as Director
20-04-2017 Luts Josephus Joannes: Resigned as Director
20-03-2017 De Baeken Albert: Resigned as Director
20-03-2017 Engelen Ludwig: Resigned as Director
07-04-2016 Van Campenhout Firmin: Resigned as Director
30-06-2014 Jacobs Hendrik: Resigned as Director
30-06-2014 Manet Peter: Resigned as Director
26-11-2012 Greven Willy: Resigned as Director
10-10-2012 Paul Salmon: Resigned as Director
Location & real-estate footprint
Registered office, Hasselt · 1 establishment unit since 2006
establishment The establishment unit on the map
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.

Kempische Kaai 113500 Hasselt
Ground area
1,101 m²
Building footprint
898 m²
Volume, LiDAR
9,638 m³
Parcel 71327G0230/00N000, Flanders · tallest building 15.6 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Caritatieve Volkswerken - Volkstehuis vzw
Kempische Kaai 11, 3500 HasseltNACE 85316
since 20062.158.101.926
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71327G0230/00N000 Flanders 1,101 m² 1 · 898 m² 15.6 m · 4 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Hasselt2.158.101.926
1 permission
Toelating · Andere grootkeuken (bereiding - distributie maaltijden) · since 19-12-2006

Similar companies · same sector, comparable size

Of 142 companies in sector 87992 we hold annual accounts for 89. 73 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formNon-profit association
Founded27-05-1946
Fiscal year end31-12
Activities, NACEBEL
87999Residential care activities
87992Residential care activities
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.