VZW de Kade

Active

Non-profit associationfounded 1934active for 91 yearsRavensteinstraat 2, 9000 Gent, Belgium11 active companies are registered at this addressKBO/BCE: BE 0410.676.818

From the official registers: KBO 18 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

VZW de Kade has been active since 1934 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €30.4m and a net result of €469,890. Equity has been growing by about 2.9% per year since 2018. The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow Report Compare

VZW de KadeActiveChecked score 96/100

Risk analysis Report Compare

Official details

KBO

Status: Active since 31-12-1934 Normal situation
Legal form: Non-profit association
Registered office: Ravensteinstraat 2, 9000 Gent
Activity: No activity registered in the KBO
Financial year end: 31 December
Peppol: Not found in the Peppol Directory

Company details

Board and ownership

Board

Hilde De GraeveChair
Mario PauwelsManaging director
Hans HeyseDirector
Johan De SchamphelaereDirector

and 4 other directors

Holdings: Shares in 3 companies including Het Volk Invest and GEWESTELIJKE MAATSCHAPPIJ VOOR DE KLEINE LANDEIGENDOM HET VOLK

Board & ownership

Financial position

96 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: < 0.1%

Annual accounts 2025

Gross margin: -€503,456; ▼ 4.3%
Surplus: €469,890; ▲ 20.6%
Equity: €30.4m; ▲ 72.6%
Total assets: €30.6m; ▲ 58.4%

2025 accounts filed 14 days before the deadline

Filed on 17-07-2026at the National Bank

Financials

Score breakdownraises riskNo main activity registeredlowers riskLegal form: non-profit associationSize: total assets €30.6mEquity €30.4m (99.1% of total assets)Show the evidence

Checked score

Score 2025

96 / 100

Excellent

Probability in this band: under 0.55%

Financially stronger than 68% of medium-sized companies without a NACE code

Every signal that counts is listed under Signals.

Financial strength · tick: 2024

Strong

Solvency 100=

equity 99.1% of total assets

Liquidity 62-38

short-term debt 0.0% · cash 9.9%

Profitability 21=

return on assets 1.5%

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).

Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 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 06-2025highest value 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 12-2025lowest value 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 08-2026 10-2026: < 0.1%● unchanged vs 09-2026

Credit of up to €2,900,000 on 30-day terms is acceptable

Short-term debt is 0% and cash 9.9% of total assets. 0.9% 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 (no NACE code, medium-sized). It does better than 74% of them on solvency, 90% on liquidity, 14% on profitability and 92% on growth.

The bankruptcy probability was computed on 31-10-2026 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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Signals

Five signals.

lowers riskraises riskneutral

Legal form: non-profit association

KBO

Size: total assets €30.6m

Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.

NBB · annual accounts

Equity €30.4m (99.1% of total assets)

NBB · annual accounts

No main activity registered

KBO

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-07-2026, 14 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

14 days early

2024

6 days early

2023

28 days early

2022

38 days early

2021

51 days late

2020

5 days early

2019

11 days early

← before the deadline after the deadline →

tick = median of all Belgian filings

The company filed its last 7 accounts on average 7 days before the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)

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 17 July (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

01-11-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

That holds for every publication since 2021.

KBO publications

Key points

Positive: Equity rose in 2025from €17.6m to €30.4m ▲ 72.6% View
Positive: 5 profitable years in a rowprofit 2025: €469,890 5 years View
Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View

Documents

Key facts about VZW de Kade

What is the company number of VZW de Kade?: The company number of VZW de Kade is 0410.676.818. The VAT number is the same number with BE in front: BE 0410.676.818.
Where is VZW de Kade based?: The registered office is at Ravensteinstraat 2, 9000 Gent.Company details
What is the legal form of VZW de Kade?: The legal form of VZW de Kade is Non-profit association (VZW).
When was VZW de Kade founded?: VZW de Kade was founded on 31-12-1934.
Is VZW de Kade still active?: Yes, VZW de Kade is an active enterprise in the KBO register.
What is the turnover of VZW de Kade?: The annual accounts for financial year 2025 state no turnover.Financials
Is VZW de Kade profitable?: In financial year 2025, VZW de Kade made a profit of €469,890.
Where can I find the annual accounts of VZW de Kade?: VZW de Kade filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of VZW de Kade due?: VZW de Kade must file the annual accounts for financial year 2026 by 31-07-2027.Timeline