ZUSTERS VAN MARIA
ActiveZUSTERS VAN MARIA has been active since 1922 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €22.19M and a net result of €4.04M. Equity remains stable across the filed fiscal years (±1.8% per year). Its solvency ranks better than 68% of 274 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability37▲+18
Solvency100=
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.7M at 30 days acceptable
short-term debt: 0.8% and cash: 0.7% of total assets, and 20.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine 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 94
Relative position
BE, all sectors
reference
Sector 94
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 dateAge against the risk zone
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
79.2%
Return on assets
14.4%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €22.19M
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 16-06-2026, 45 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
45 d early
2024
72 d early
2023
71 d early
2022
69 d early
2021
68 d early
2020
67 d early
2019
8 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€22.19M▲ 22.0%
2024 · €18.18M
2018: €20.22M
2019: €19.91M
2020: €19.47M
2021: €19.04M
2022: €18.24M
2023: €17.73M
2024: €18.18M
2018 → 2025
Total assets
€28.01M▲ 15.1%
2024 · €24.34M
2018: €27.57M
2019: €27.21M
2020: €26.69M
2021: €26.24M
2022: €25.39M
2023: €24.39M
2024: €24.34M
2018 → 2025
Net result
€4.04M
2024 · €-24k
2018: €-2k
2019: €-362k
2020: €-495k
2021: €-488k
2022: €-802k
2023: €-1.04M
2024: €-24k
2018 → 2025
Working capital
€26.84M▲ 15.8%
2024 · €23.18M
2018: €25.75M
2019: €25.60M
2020: €25.34M
2021: €24.84M
2022: €24.06M
2023: €23.02M
2024: €23.18M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€19.04M-€18.24M▼ 4.2%€17.73M▼ 2.8%€18.18M▲ 2.5%€22.19M▲ 22.0%
Operating result€-444k-€-804k▼ 81.0%€-1.06M▼ 32.0%€-1.27M▼ 19.9%€-928k▲ 27.1%
Net result€-488k-€-802k▼ 64.4%€-1.04M▼ 29.2%€-24k▲ 97.7%€4.04M
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €928k in 2025 against €1.27M in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €28.01M
Fixed assets
€946k▼ 1.9%
Current assets
€27.06M▲ 15.8%
Equity and liabilities €28.01M
Equity
€22.19M▲ 22.0%
Provisions
€5.58M▼ 6.1%
Debt
€240k▲ 11.1%
The debt ratio stays at 0.9%.
Key figures and ratios
EBITDA
€-910k▲
2024 · €-1.25M
Cash flow
€4.06M▲
2024 · €-2k
Solvency
79.2%▲
2024 · 74.7%
Debt / equity
0.01▼
2024 · 0.01
ROE
18.2%▲
2024 · -0.1%
ROA
14.4%▲
2024 · -0.1%
Interest coverage
-5.41▲
2024 · -273.40
Debt
€240k▲
2024 · €216k
Debt ≤ 1 year
€227k▲
2024 · €201k
Debt > 1 year
€13k▼
2024 · €15k
Income taxes
€131k▲
2024 · €128k
Staff costs
€760k▲
2024 · €747k
A ratio outside any meaningful range has been withheld (balance sheet total €28.01M, equity €22.19M).
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€24.34M€28.01M▲
Fixed assets21/28€964k€946k▼
Tangible fixed assets22/27€963k€945k▼
Land and buildings22€937k€924k▼
Furniture and vehicles24€13k€8k▼
Other tangible fixed assets26€13k€13k=
Financial fixed assets28€2k€2k=
Current assets29/58€23.38M€27.06M▲
Amounts receivable after more than one year29€160k€127k▼
Other amounts receivable291€160k€127k▼
Amounts receivable within one year40/41€33k€33k=
Other amounts receivable41€33k€33k=
Current investments50/53€22.90M€26.72M▲
Cash at bank and in hand54/58€283k€186k▼
Deferred charges and accrued income490/1-€741
Equity and liabilities
Total equity and liabilities10/49€24.34M€28.01M▲
Equity10/15€18.18M€22.19M▲
Contributions10/11€3.70M€3.70M=
Capital10€3.70M€3.70M=
Reserves13€14.36M€14.33M▼
Profit (loss) carried forward14€116k€4.16M▲
Provisions and deferred taxes16€5.94M€5.58M▼
Provisions for liabilities and charges160/5€5.94M€5.58M▼
Other liabilities and charges164/5€5.94M€5.58M▼
Amounts payable17/49€216k€240k▲
Amounts payable after more than one year17€15k€13k▼
Other amounts payable178/9€15k€13k▼
Amounts payable within one year42/48€201k€227k▲
Trade debts44€149k€175k▲
Suppliers440/4€149k€175k▲
Taxes, remuneration and social security45€52k€52k▲
Remuneration and social security454/9€52k€52k▲
Income statement
Code20242025
Goods, raw materials, services and sundry goods60/61-€1.88M
Remuneration, social security and pensions62€747k€760k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€18k▼
Other operating charges640/8€275k€184k▼
Gross operating margin9900€-229k€-362k▼
Operating profit (loss)9901€-1.27M€-928k▲
Financial income75/76B€1.38M€5.27M▲
Recurring financial income75€61k€5.27M▲
Non-recurring financial income76B€1.32M-
Financial charges65/66B€5k€168k▲
Recurring financial charges65€5k€168k▲
Profit (loss) for the period before taxes9903€104k€4.17M▲
Income taxes67/77€128k€131k▲
Profit (loss) for the period9904€-24k€4.04M▲
Transfer from tax-exempt reserves789€513k-
Profit (loss) for the period to be appropriated9905€489k€4.04M▲
Appropriation of the result
Profit (loss) to be appropriated9906€116k€4.16M▲
Profit (loss) brought forward from the previous period14P€-372k€116k▲
Social balance
Average headcount (FTE)908710.310.5▲
The notes to these accounts (10 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
16-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €4.04M
Net result €4.04M after 7 loss-making years.
20-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
21-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €-1.04M
Net result drops to €-1.04M, the lowest in the series; recovery starts the following year.
23-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
24-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
25-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
08-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
09-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
10-04
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
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Pittem · 8 establishment units since 1922
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.
Stationsstraat 18740 PittemGround area
3.9 ha
Building footprint
1.0 ha
Volume, LiDAR
77,955 m³
8 parcels, Flanders · tallest building 24.0 m, ±3 floors. Linked by address, not a title deed.
8 establishment units
Stationsstraat 1, 8740 Pittem
since 19222.138.297.890
Pastorieweg 2, 8310 Brugge
since 19222.138.297.989
St-Jans-Gasthuisstraat 18, 8470 Gistel
since 19222.138.298.088
Rijselstraat 59, 8930 Menen
since 19222.138.298.187
Zevekotestraat 58, 8470 Gistel
since 19222.138.298.286
Woestendorp(Woes) 2, 8640 Vleteren
since 19222.138.298.385
Show 2 more locations
Kerkstraat 11, 8730 Beernem
since 19222.138.298.484
Paardestraat 21, 8740 Pittem
since 19222.138.298.583
8 parcels
Flanders
8
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37011A1284/00R002 | Flanders | 1.9 ha | 1 · 3,831 m² | 23.9 m · 3 fl. |
| 35027B0240/00W000 | Flanders | 5,780 m² | 1 · 1,307 m² | 15.8 m · 3 fl. |
| 37003B0737/00X000 | Flanders | 4,275 m² | 1 · 483 m² | 13.2 m · 3 fl. |
| 35005B0342/00Z000 | Flanders | 3,372 m² | 1 · 796 m² | - |
| 31029C0566/00B002 | Flanders | 2,912 m² | 1 · 1,072 m² | 19.0 m · 3 fl. |
| 33033B0272/00R000 | Flanders | 1,918 m² | 1 · 2,048 m² | 12.7 m · 1 fl. |
| 31028B0089/00M000 | Flanders | 1,271 m² | 1 · 317 m² | 9.9 m · 2 fl. |
| 34027E0941/00C000 | Flanders | 322 m² | 1 · 269 m² | 12.8 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 7
8 of 8 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Recognitions · licences · registrations
Care and welfare
1 service · 0 liveZusters van Maria
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Of 2,062 companies in sector 94910 we hold annual accounts for 235. 165 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formNon-profit association
Founded15-12-1922
Fiscal year end31-12
Activities, NACEBEL
91310
94910Activities of religious organisations
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.