Zilvervogel
ActiveZilvervogel has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €34.91M and a net result of €1.15M. Equity remains stable across the filed fiscal years (±1% per year). Its solvency ranks better than 89% of 460 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
100
/ 100
Excellent▲ +12 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability39▲+2
Solvency100=
Growth51=
Stability100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2M at 30 days acceptable
Liquidity ample (current ratio 7.01 against 6.64 in 2024), and 20.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
79.8%
Return on assets
2.6%
Age of the figures
8 mo
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 31-12-2025 was due by 31-07-2026 and was filed on 03-06-2026, 58 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
58 d early
2024
29 d early
2023
33 d early
2022
31 d early
2021
26 d early
2020
18 d early
2019
17 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 monthsPosition in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€20.96M▲ 4.7%
2024 · €20.02M
2018: €15.18M
2019: €15.91M
2020: €16.43M
2021: €16.54M
2022: €18.48M
2023: €19.56M
2024: €20.02M
2018 → 2025
EBIT margin
5.5%▲ 1.1pp
2024 · 4.4%
2018: 7.4%
2019: 8.5%
2020: -7.0%
2021: 5.1%
2022: 3.0%
2023: 8.8%
2024: 4.4%
2018 → 2025
Net result
€1.15M▲ 12.8%
2024 · €1.02M
2018: €1.89M
2019: €1.07M
2020: €-1.39M
2021: €618k
2022: €369k
2023: €1.78M
2024: €1.02M
2018 → 2025
Working capital
€27.78M▲ 1.2%
2024 · €27.46M
2018: €23.95M
2019: €24.06M
2020: €25.24M
2021: €25.24M
2022: €25.78M
2023: €27.03M
2024: €27.46M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€16.54M-€18.48M▲ 11.7%€19.56M▲ 5.8%€20.02M▲ 2.3%€20.96M▲ 4.7%
Equity€31.66M-€31.76M▲ 0.3%€33.22M▲ 4.6%€33.99M▲ 2.3%€34.91M▲ 2.7%
Operating result€836k-€555k▼ 33.6%€1.72M▲ 210%€877k▼ 49.0%€1.15M▲ 30.9%
Net result€618k-€369k▼ 40.3%€1.78M▲ 383%€1.02M▼ 42.8%€1.15M▲ 12.8%
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 2025; 2025 is 31% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €43.37M
Fixed assets
€10.96M▲ 0.1%
Current assets
€32.41M▲ 0.2%
Equity and liabilities €43.73M
Equity
€34.91M▲ 2.7%
Provisions
€170k▲ 47.5%
Debt
€8.66M▼ 9.3%
The debt ratio falls from 21.9% to 19.8%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€2.10M▲
2024 · €1.79M
Cash flow
€2.11M▲
2024 · €1.93M
Solvency
79.8%▲
2024 · 77.9%
Current ratio
7.01▲
2024 · 6.64
Quick ratio
7.00▲
2024 · 6.63
Debt / equity
0.25▼
2024 · 0.28
ROE
3.3%▲
2024 · 3.0%
ROA
2.6%▲
2024 · 2.3%
Interest coverage
15.20▲
2024 · 11.81
Debt
€8.66M▼
2024 · €9.54M
Debt ≤ 1 year
€4.63M▼
2024 · €4.87M
Debt > 1 year
€4.00M▼
2024 · €4.56M
Income taxes
€85k▼
2024 · €138k
Staff costs
€18.75M▲
2024 · €18.21M
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€43.65M€43.73M▲
Formation expenses20€374k€368k▼
Fixed assets21/28€10.95M€10.96M▲
Intangible fixed assets21€4k€8k▲
Tangible fixed assets22/27€10.94M€10.95M▲
Land and buildings22€9.13M€9.01M▼
Plant, machinery and equipment23€688k€734k▲
Furniture and vehicles24€617k€777k▲
Other tangible fixed assets26€468k€420k▼
Assets under construction and advance payments27€33k€11k▼
Financial fixed assets28€800-
Other financial fixed assets284/8€800-
Amounts receivable and cash guarantees285/8€800-
Current assets29/58€32.33M€32.41M▲
Amounts receivable after more than one year29€13.74M€13.40M▼
Other amounts receivable291€13.74M€13.40M▼
Stocks and contracts in progress3€48k€48k=
Stocks30/36€48k€48k=
Raw materials and consumables30/31€48k€48k=
Amounts receivable within one year40/41€2.37M€2.38M▲
Trade receivables40€1.46M€1.51M▲
Other amounts receivable41€906k€868k▼
Current investments50/53€12.20M€11.74M▼
Cash at bank and in hand54/58€3.49M€4.49M▲
Deferred charges and accrued income490/1€478k€358k▼
Equity and liabilities
Total equity and liabilities10/49€43.65M€43.73M▲
Equity10/15€33.99M€34.91M▲
Contributions10/11€7.33M€7.33M=
Capital10€7.33M€7.33M=
Reserves13€15.30M€15.40M▲
Profit (loss) carried forward14€7.04M€8.09M▲
Investment grants15€4.33M€4.09M▼
Provisions and deferred taxes16€115k€170k▲
Provisions for liabilities and charges160/5€115k€170k▲
Other liabilities and charges164/5€115k€170k▲
Amounts payable17/49€9.54M€8.66M▼
Amounts payable after more than one year17€4.56M€4.00M▼
Financial debts170/4€4.56M€4.00M▼
Leasing and similar obligations172€620€595▼
Credit institutions173€4.56M€3.99M▼
Amounts payable within one year42/48€4.87M€4.63M▼
Current portion of amounts payable after more than one year42€565k€565k=
Trade debts44€838k€594k▼
Suppliers440/4€838k€594k▼
Taxes, remuneration and social security45€3.46M€3.47M=
Taxes450/3€211k€172k▼
Remuneration and social security454/9€3.25M€3.29M▲
Accrued charges and deferred income492/3€111k€36k▼
Income statement
Code20242025
Operating income70/76A€25.21M€26.24M▲
Turnover70€20.02M€20.96M▲
Other operating income74€605k€696k▲
Non-recurring operating income76A-€8
Operating charges60/66A€24.33M€25.09M▲
Goods for resale, raw materials and consumables60€1.62M€1.72M▲
Purchases600/8€1.62M€1.72M▲
Change in stocks: decrease (increase)609€3k-
Services and other goods61€3.74M€3.41M▼
Remuneration, social security and pensions62€18.21M€18.75M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€915k€957k▲
Other operating charges640/8€75k€117k▲
Non-recurring operating charges66A€3€89k▲
Operating profit (loss)9901€877k€1.15M▲
Financial income75/76B€436k€227k▼
Recurring financial income75€436k€227k▼
Other financial income752/9€436k€227k▼
Financial charges65/66B€156k€141k▼
Recurring financial charges65€156k€141k▼
Debt charges650€152k€138k▼
Other financial charges652/9€4k€2k▼
Profit (loss) for the period before taxes9903€1.16M€1.23M▲
Income taxes67/77€138k€85k▼
Taxes670/3€138k€85k▼
Profit (loss) for the period9904€1.02M€1.15M▲
Profit (loss) for the period to be appropriated9905€1.02M€1.15M▲
Appropriation of the result
Profit (loss) to be appropriated9906€4.66M€8.19M▲
Profit (loss) brought forward from the previous period14P€3.64M€7.04M▲
From contributions791€3.40M-
To contributions691€1.02M€99k▼
Social balance
Average headcount (FTE)9087280.2278.2▼
The notes to these accounts (85 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €618k
Net result €618k after one loss-making year.
13-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €-1.39M ▼230%
Net result drops to €-1.39M, the lowest in the series; recovery starts the following year.
14-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
05-07
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
28 directors, no change since 2025
Chanterie Frederik
CurrentDirector · since 09-04-2021
Rosseel Luc
CurrentVice-chair · since 30-12-2015
Decaestecker Mia
Not recently confirmedChair · since 04-01-2019
Urbain Cayzeele
Not recently confirmedVoorzitter van de raad van bestuur · since 20-09-2019
Johan Dedeyne
Not recently confirmedDirector · since 04-01-2019
Jo Nijs
Not recently confirmedDirector · since 11-01-2018
+ 11 not shown in this overview
06-10-2025
Sonneville André: Resigned as Lid av
21-01-2025
Kris Igodt: Appointed as Vertegenwoordiger
05-01-2022
Rosseel Luc: Appointed as Vice-chair
07-12-2021
Mevr. Maenhout Marie Jeanne: Resigned as Ondervoorzitter bestuurder
09-04-2021
Chanterie Frederik: Appointed as Director
09-04-2021
Sonneville André: Resigned as Director
24-07-2020
Decaestecker Mia: Appointed as Chair
24-07-2020
Urbain Cayzeele: Resigned as Chair
24-07-2020
Urbain Cayzeele: Resigned as Director
24-07-2020
Johan Dedeyne: Resigned as Director
24-07-2020
Rosa Wyseur: Resigned as Lid algemene vergadering
24-07-2020
Roza Devos: Resigned as Lid algemene vergadering
24-07-2020
Sonneville André: Appointed as Director
24-07-2020
Delahaye Alain: Resigned as Lid algemene vergadering
20-09-2019
Urbain Cayzeele: Appointed as Voorzitter van de raad van bestuur
20-09-2019
Els De Clerck: Resigned as Director
04-01-2019
Decaestecker Mia: Appointed as Director
04-01-2019
Johan Dedeyne: Appointed as Director
18-06-2018
Marc Vanmeenen: Resigned as Director
11-01-2018
Rosseel Luc: Appointed as Director
11-01-2018
Jo Nijs: Appointed as Director
11-01-2018
José Depuydt: Appointed as Director
11-01-2018
Linda Pape: Appointed as Afgevaardigd bestuurder
11-01-2018
Ronny Delchambre: Appointed as Director
+ 23 not shown in this overview
Location & real-estate footprint
Registered office, Lo-Reninge · 3 establishment units since 2000
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.
Dorpplaats(Ren) 148647 Lo-ReningeGround area
5.9 ha
Building footprint
7,828 m²
Volume, LiDAR
24,238 m³
3 parcels, Flanders · tallest building 12.5 m, ±3 floors. Linked by address, not a title deed.
3 establishment units
Zilvervogel Reninge
since 20002.138.506.342
Zilvervogel Woumen
since 20002.138.506.441
Zilvervogel Rekkem
since 20002.138.506.540
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 32021B0346/00W002 | Flanders | 3.7 ha | 1 · 2,542 m² | 10.6 m |
| 32026C0883/02X000 | Flanders | 1.5 ha | 1 · 2,848 m² | 12.5 m · 3 fl. |
| 34032A0084/00X000 | Flanders | 6,940 m² | 1 · 2,438 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Statutory auditor
7 auditors| NV Callens VandelanotteCurrent Statutory auditor | 21-01-2025 → present |
Show 6 earlier auditors
| Burgerlijke BVBA Guido Degrande & Co, Bedrijfsrevisoren - commissarıs Statutory auditor succeeded by Bvba G. Degrande & C° - bedrijfsrevisoren in 2015 | 26-01-2004 → 24-07-2015 |
| Bvba G. Degrande & C° - bedrijfsrevisoren Commissaris revisor succeeded by G. Degrande & C° - Bedrijfsrevisoren BV in 2022 | 24-07-2015 → 05-01-2022 |
| G. Degrande & C° - Bedrijfsrevisoren BV Statutory auditor succeeded by Kris Igodt in 2023 | 05-01-2022 → 21-11-2023 |
| Guido Degrande Revisor | - → 21-11-2023 |
| Kris Igodt Revisor succeeded by NV Callens Vandelanotte in 2025 | 21-11-2023 → 21-01-2025 |
| Vandelanotte Bedrijfsrevisoren CVBA Statutory auditor succeeded by Kris Igodt in 2023 | 05-01-2022 → 21-11-2023 |
Public money · subsidies and aid
Flemish government
2022 to 2025 · 48 entries · 14,931,684 EUR awarded · 14,905,908 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 15 | 12,595,665 EUR | 12,618,477 EUR |
| 2024 | 14 | 679,705 EUR | 723,967 EUR |
| 2023 | 9 | 847,149 EUR | 811,008 EUR |
| 2022 | 10 | 809,165 EUR | 752,456 EUR |
Schemes
Erkenning en financiering/subsidiëring van woonzorgcentra
Subsidie voor alternatieve financiering ouderenzorg
Erkenning en financiering/subsidiëring centra voor dagverzorging
Subsidie aan instellingen in het beleidsdomein Welzijn, Volksgezondheid en Gezin voor de tussenkomst in de energiekost in 2023
Projectsubsidies in het kader van beleidsondersteuning
Show 13 more
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Subsidies aan lokale dienstencentra, thuiszorgvoorzieningen en mantelzorgvoorzieningen
Vlaams opleidingsverlof (VOV)
Relance budget 45 - Inzetten op kwaliteit en 'good governance' van WZC & vooruitschuif nieuw beleid
DWVG - ZORG - Diverse Projectsubsidies eerste lijn
Projectsubsidies in het kader van het algemeen welzijnswerk
Subsidies bevordering duurzaam woon-werkverkeer ikv Pendelfonds
Energetische investeringen in zorginfrastructuur
Premie kwalificerend werkplekleren
Procedure groene warmte, restwarmte en energie-efficiënte stadsverwarming
Erkenning en subsidiëring van de centra voor kortverblijf voor ouderen
Werkbaarheidscheque (stopgezet)
Subsidies voor sociale tewerkstellingsprojecten
Recognitions · licences · registrations
Food safety, FASFC
3 sitesDiksmuide2.138.506.441
Lo-Reninge2.138.506.342
Menen2.138.506.540
Care and welfare
14 services · 10 liveCOZ Sint-Jozef
LDC Weidevogel
Villa Zilvervogel Reninge
Zilvervogel Rekkem
Show 10 more services
Zilvervogel Rekkem
Zilvervogel Rekkem
Zilvervogel Reninge
Zilvervogel Reninge
Zilvervogel Woumen
Zilvervogel Woumen
Centra voor Ouderenzorg en Dienstverlening
Dagverzorgingscentrum Sint-Vincentius
Sint-Vincentius
Zilvervogel Woumen
Dual-learning approval
10 live approvals · 6 endedAssistentie in wonen, zorg en welzijn duaal (so)
Assistentie in wonen, zorg en welzijn duaal (so)
Assistentie in wonen, zorg en welzijn duaal (so)
Basiszorg en ondersteuning duaal (so)
Basiszorg en ondersteuning duaal (so)
Verzorgende/Zorgkundige duaal (so)
Show 4 more
Verzorgende/Zorgkundige duaal (so)
Verzorgende/Zorgkundige duaal (so)
Zorgkundige (vwo)
Zorgkundige (vwo)
Legal Entity Identifier
984500C64BF1X67ECF09
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ASBL ENTRAIDE FRATERNELLE JOLIMONT
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SQUATINA
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Of 321 companies in sector 87101 we hold annual accounts for 235. 109 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formNon-profit association
Founded20-01-2000
Fiscal year end31-12
Abbreviation NL
CZD
Activities, NACEBEL
87101Residential care activities
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.