VLAAMSE SOCIAL - PROFITFONDSEN
ActiveSummary
VLAAMSE SOCIAL - PROFITFONDSEN has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.21M and a net result of €241k. Equity is growing by ~16.4% per year across the filed fiscal years. Its solvency ranks better than 57% of 45 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
91
/ 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
Profitability78▼-2
Solvency92▼-3
Growth78=
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €200k at 30 days acceptable
Liquidity ample (current ratio 4.03 against 3.87 in 2024; short-term debt: 23.2% and cash: 81.8% of total assets), and 33.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 84
Relative position
BE, all sectors
reference
Sector 84
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
66.6%
Return on assets
7.3%
Age of the figures
9 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 · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
20 d late
2024
85 d late
2023
43 d late
2022
122 d late
2021
164 d late
2020
40 d late
2019
84 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€2.21M▲ 12.2%
2024 · €1.97M
2018: €943k
2020: €1.07M
2021: €1.18M
2022: €1.36M
2023: €1.72M
2024: €1.97M
2018 → 2025
Total assets
€3.31M▲ 17.8%
2024 · €2.81M
2018: €1.45M
2020: €7.01M
2021: €4.60M
2022: €20.07M
2023: €2.45M
2024: €2.81M
2018 → 2025
Net result
€241k▼ 1.6%
2024 · €245k
2018: €84k
2020: €79k
2021: €101k
2022: €189k
2023: €358k
2024: €245k
2018 → 2025
Working capital
€2.33M▲ 21.8%
2024 · €1.91M
2018: €690k
2020: €814k
2021: €3.72M
2022: €1.21M
2023: €1.80M
2024: €1.91M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.18M-€1.36M▲ 16.1%€1.72M▲ 26.3%€1.97M▲ 14.2%€2.21M▲ 12.2%
Operating result€103k-€190k▲ 85.0%€325k▲ 71.3%€227k▼ 30.2%€228k▲ 0.3%
Net result€101k-€189k▲ 86.2%€358k▲ 89.9%€245k▼ 31.8%€241k▼ 1.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 0% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.31M
Fixed assets
€214k ▼ 7.5%
Current assets
€3.10M ▲ 20.1%
Equity and liabilities €3.31M
Equity
€2.21M ▲ 12.2%
Debt
€1.11M ▲ 30.9%
Debt's share of the balance-sheet total rises from 30.0% to 33.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€245k▲
2024 · €244k
Cash flow
€258k▼
2024 · €262k
Current ratio
4.03▲
2024 · 3.87
Debt to equity
0.50▲
2024 · 0.43
ROE
10.9%▼
2024 · 12.4%
ROA
7.3%▼
2024 · 8.7%
Interest coverage
57.75▲
2024 · 32.10
Debt ≤ 1 year
€769k▲
2024 · €666k
Staff costs
€1.56M▲
2024 · €1.54M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 39 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.81M€3.31M▲
Fixed assets21/28€231k€214k▼
Tangible fixed assets22/27€227k€210k▼
Land and buildings22€219k€210k▼
Furniture and vehicles24€8k-
Financial fixed assets28€4k€4k=
Current assets29/58€2.58M€3.10M▲
Amounts receivable within one year40/41€186k€385k▲
Trade receivables40€100k€303k▲
Other amounts receivable41€86k€82k▼
Cash at bank and in hand54/58€2.36M€2.71M▲
Deferred charges and accrued income490/1€34k€5k▼
Equity and liabilities
Total equity and liabilities10/49€2.81M€3.31M▲
Equity10/15€1.97M€2.21M▲
Reserves13€715k€702k▼
Profit (loss) carried forward14€1.25M€1.51M▲
Amounts payable17/49€844k€1.11M▲
Amounts payable within one year42/48€666k€769k▲
Trade debts44€472k€579k▲
Suppliers440/4€472k€579k▲
Taxes, remuneration and social security45€194k€190k▼
Taxes450/3€1k€953▼
Remuneration and social security454/9€193k€189k▼
Accrued charges and deferred income492/3€178k€337k▲
Income statement
Code20242025
Remuneration, social security and pensions62€1.54M€1.56M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€17k=
Gross operating margin9900€1.79M€1.81M▲
Operating profit (loss)9901€227k€228k▲
Financial income75/76B€25k€17k▼
Recurring financial income75€25k€17k▼
Financial charges65/66B€8k€4k▼
Recurring financial charges65€8k€4k▼
Profit (loss) for the period before taxes9903€245k€241k▼
Profit (loss) for the period9904€245k€241k▼
Profit (loss) for the period to be appropriated9905€245k€241k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.28M€1.49M▲
Profit (loss) brought forward from the previous period14P€1.03M€1.25M▲
From contributions791-€13k
To contributions691€24k-
The notes to these accounts (4 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
20-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 20 days late
2025
31-12
Financial
Equity above €2MEq €2.21M ▲12.2%
7 profitable years in a row build equity to €2.21M.
24-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 85 days late
2024
12-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 43 days late
2023
31-12
Financial
Highest result since 2018net €358k ▲89.9%
Operating result €325k, net result €358k, both a record.
31-12
Financial
Liquidity times 5current ratio 5.41
Current ratio from 1.07 to 5.41; short-term debt falls from €18.61M to €409k.
30-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 122 days late
11-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 164 days late
2021
31-12
Financial
Liquidity times 6current ratio 6.92
Current ratio from 1.14 to 6.92; short-term debt falls from €5.94M to €629k.
09-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 40 days late
2020
31-12
Financial
Weakest financial yearnet €79k ▼5.6%
Net result drops to €79k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €1MEq €1.07M ▲13.9%
2 profitable years in a row build equity to €1.07M.
Show earlier events
23-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 84 days late
2019
11-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 133 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
11 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, Brussel · 1 establishment unit since 2006
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.
Sainctelettesquare 13-151000 BrusselGround area
901 m²
Building footprint
872 m²
Volume, LiDAR
26,239 m³
Parcel 21812N1454/00Y011, Brussels · tallest building 40.3 m, ±12 floors. Linked by address, not a title deed.
1 establishment unit
VLAAMSE SOCIAL - PROFITFONDSEN Vzw
since 20062.150.839.101
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21812N1454/00Y011 | Brussels | 901 m² | 1 · 872 m² | 40.3 m · 12 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 12 entries · 130,738,316 EUR awarded · 130,618,806 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 3 | 36,705,693 EUR | 36,703,350 EUR |
| 2024 | 3 | 35,646,303 EUR | 35,641,753 EUR |
| 2023 | 3 | 34,764,164 EUR | 52,755,080 EUR |
| 2022 | 3 | 23,622,156 EUR | 5,518,623 EUR |
Schemes
Cultuur: Tewerkstellingssubsidie voor een organisatie in het culturele veld volgens de Vlaamse Intersectorale Akkoorden (VIA) (Decreet Vlaamse Intersectorale Akkoorden 2004)
Subsidies Vlaams intersectoraal akkoord non/social profit
Jongerenbonus
Recognitions · licences · registrations
Care and welfare
2 servicesVLAAMSE SOCIAL - PROFITFONDSEN
VLAAMSE SOCIAL-PROFITFONDSEN
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Of 102 companies in sector 84309 we hold annual accounts for 41. 26 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formNon-profit association
Founded16-12-2002
Fiscal year end31-12
Abbreviation NL
VSPF
Activities, NACEBEL 2025
84309Public administration and defence; compulsory social security
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.