Financials
- Financial year
- 2025
- Total assets
- €954,732
- Profit
- €66,967
- Solvency
- 86.4%
Total assets▲ 16.2%
Net result
20182025
ZUIDWEST
ActiveSummary
ZUIDWEST has the legal form “Projectvereniging” in the KBO; Checked does not compute a bankruptcy probability for it. The 2025 annual accounts show equity of €824,792 and a net result of €66,967. Equity is growing by about 17% per year across the filed financial years. Its solvency ranks better than 92% of 510 sector peers (NACE 93, financial year 2025). The company has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Other amusement and recreation activities
NACE 93299Arts creation and performing arts activities NACE 90312
8th largest company by equity in Kortrijk, Arts, sports and recreation sector1 site
Size
€954,732total assets 2025
- Staff
- 5.8 FTE
- Equity
- €824,792
- Profit
- €66,967
Structure
- Board
- 6 members
Accounts 3 days early1 of 6 deeds read
SignalsneutralLatest accounts filed on timeShow the evidence
Checked score
Score 2025
92
/ 100
Excellent▼ -4 on 2024
Without a bankruptcy probability: score from the figures alone
Financial strength · tick = 2024
Strong
Solvency
100=
equity 86.4% of total assets
Liquidity
98-2
short-term debt 12.9% · cash 85.6%
Profitability
78-11
return on assets 7.0%
Bankruptcy probability, 12 months
The KBO gives the legal form as “Projectvereniging”. We show no bankruptcy probability for it: the model is built on companies and gives no reliable figure for this form.
Credit of up to €75,000 on 30-day terms is acceptable
Liquidity ample (current ratio 7.71, compared with 14.51 in 2024, above the usual 1.5; short-term debt: 12.9% and cash: 85.6% of total assets), and 13.6% of the assets are financed with debt and provisions.
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Signals
1 signal.
neutral
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 days early
2024
1 day early
2023
on the day
2022
5 days early
2021
1 day late
2020
18 days late
2019
33 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 6 days after the deadline; the sector median (NACE 93) for financial year 2024 is 1 day before the deadline, and 42% of those companies filed late.
Searched, nothing found (2)
neutral · 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 30 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · full…
- Annual accounts filedfinancial year 2024 · abbreviated…
- Resignations: Yannick Ducatteeuw, Francis Pattyn and…Appointments: Anja Desmet, Lise-Marie Platteau…
Key points
- Positive: Among the best 9% on solvencysector median 35.4% · 510 companies 86.4% View
- Caution: Result fell in 2025from €132,775 to €66,967 ▼ 49.6% View
- Flemish supportawarded from 2022 to 2025 €1.7m View
- Positive: 6 profitable years in a rowprofit 2025: €66,967 6 years View
- Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View
By topic
Board & ownership
- Board
- 6 members
- Anja DesmetDirector
- Caroline Bonte-VanraesDirector
- Dirk DesmetDirector
- Felix De ClerckDirector
- Lise-Marie PlatteauDirector
and 1 other director
Timeline
- Events
- 25
- Since
- 2007
- Next accounts
- by 31-07-2027
- 31-12-2024Liquidity more than doubled
- 31-07-2024Annual accounts filed
- 26-07-2023Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Projectvereniging
- Activity
- Other amusement and recreation activitiesNACE 93299
- Founded
- 30-12-2002
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 16
- Purpose
- “Het inwerken op de beschikbare ruimte of het creeeren van nieuwe ruimte voor cultuur door…” (deed in Dutch)
Key facts about ZUIDWEST
- What is the company number of ZUIDWEST?
- 0479.946.991. In Belgium the VAT number is the company number with BE in front: BE 0479.946.991.
- Where is ZUIDWEST based?
- The registered office is at President Kennedypark(Kor) 10, 8500 Kortrijk.Company details
- What does ZUIDWEST do?
- According to the KBO register, the main activity is other amusement and recreation activities (NACE 93299).
- What is the legal form of ZUIDWEST?
- Projectvereniging.
- When was ZUIDWEST founded?
- On 30-12-2002.
- Is ZUIDWEST still active?
- Yes, ZUIDWEST is an active enterprise in the KBO register.
- How many employees does ZUIDWEST have?
- On average 5.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of ZUIDWEST?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
- Is ZUIDWEST profitable?
- In financial year 2025, ZUIDWEST made a profit of €66,967.
- Where can I find the annual accounts of ZUIDWEST?
- ZUIDWEST filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ZUIDWEST due?
- By 31-07-2027, for financial year 2026.Timeline
Companies related to ZUIDWEST
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- ADS AMUSEMENTSVERHUURAalst
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- NOVES GROUPLiège
- DEWICOBeerse
- BOINGIchtegem
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