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Zusters Augustinessen

Active
Non-profit associationfounded 1935active for 91 yearsBudastraat(Kor) 37, 8500 Kortrijk, BelgiumKBO/BCE: BE 0410.417.886
Summary

Zusters Augustinessen has been active since 1935 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €28,374 and a net result of €181. Equity remains stable across the filed financial years (±0.2% per year). Its solvency ranks better than 10% of 595 sector peers (NACE 87, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Residential care activities
NACE 87101
2nd largest employer in Kortrijk, Health and social work sector8 sites
Size
€33.1mturnover 2025
Staff
499.3 FTE
Equity
€28,374
Surplus
€181
Financial health
89 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Accounts 28 days early3 of 9 deeds read
Why 89raises riskLiquidity: current ratio 1.01, cash €725Equity €28,374 (0.6% of total assets)lowers riskLegal form: non-profit associationSector: Residential care activities (NACE 87)Show the evidence

Checked score

Score 2025
89 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 15% of its sector peers (NACE 87, large)
Financial strength · tick = 2024
Weak
Solvency 26=
equity 0.6% of total assets
Liquidity 0=
short-term debt 99.4% · cash 0.0%
Profitability 38=
return on assets 0.0%
Bankruptcy probability, 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).

Sector median < 0.1% (95 companies, NACE 87, large)
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 01-2025lowest value 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%▲ +0.1 percentage points vs 06-2025highest value 08-2025: < 0.1%▼ -0.1 percentage points 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 12-2025 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 €2,500 on 30-day terms is acceptable
Liquidity tight (current ratio 1.01, compared with 1.01 in 2024, below the usual 1.5; short-term debt: 99.4% and cash: 0% of total assets), and 99.4% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 (NACE 87, large): better than 7% on solvency, 1% on liquidity, 16% on profitability and 34% on growth.

The bankruptcy probability was computed on 14-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Legal form: non-profit association
KBO
raises risk · Liquidity: current ratio 1.01, cash €725
NBB · annual accounts
raises risk · Equity €28,374 (0.6% of total assets)
NBB · annual accounts
lowers risk · Sector: Residential care activities (NACE 87)
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 595 sector peers (2025).
NBB · sector comparison
Position among 595 sector peers
Solvency
better than 10%
← weakest strongest →
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 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
28 days early
2024
31 days early
2023
34 days early
2022
35 days early
2021
19 days early
2020
25 days early
2019
25 days early
← 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 28 days before the deadline; the sector median (NACE 87) for financial year 2024 is 27 days before the deadline, and 25% 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 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
15-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Permanent representative: Kris IgodtGazette deed
  3. Resignation: Van Goubergen Noëlla (director)Appointments: Baes Maria Louisa (director)…

Key points

  • Caution: Among the weakest 10% on solvencysector median 50.8% · 595 companies 0.6% View
  • Positive: 7 years of growth in a rowturnover 2025: €33.1m 7 years View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Flemish supportawarded from 2022 to 2025 €4.1m View
  • Active since 1935founded 04-06-1935 91 years View

By topic

Financials

Financial year
2025
Turnover
€33.1m
Profit
€181
Solvency
0.6%
Turnover▲ 2.2%
Net result
20182025
Go to Financials

Timeline

Events
24
Since
2007
Next accounts
by 31-07-2027
  1. 30-06-2025Annual accounts filed
  2. 28-02-2025Resignations: Vandewaetere Dylan (director) and Dobbels Tom…
  3. 31-12-2024Highest result from 2023 to 2025
Go to Timeline

Company details

Sites
8
Legal form
Non-profit association
Activity
Residential care activitiesNACE 87101
Founded
04-06-1935
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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