Compostela
ActiveSummary
Compostela has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €59.35M and a net result of €1.61M. Equity remains stable across the filed fiscal years (±2.3% per year). Its solvency ranks better than 78% of 638 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2024
84
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability71▲+10
Solvency98▲+2
Growth69▲+16
Track record100
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 5.06 against 4.0 in 2023; short-term debt: 7.3% and cash: 4.9% of total assets), and 26.6% 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 87
Relative position
BE, all sectors
reference
Sector 87
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 2024Solvency, return and age of the figures
Solvency
73.4%
Return on assets
2%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-07-2025, 27 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
27 d early
2023
33 d early
2022
36 d early
2021
45 d early
2020
36 d early
2019
42 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Turnover
€36.70M▲ 5.4%
2023 · €34.83M
2018: €26.22M
2019: €25.46M
2020: €24.05M
2021: €25.05M
2022: €30.67M
2023: €34.83M
2018 → 2024
EBIT margin
4.1%▲ 5.9pp
2023 · -1.8%
2018: 5.3%
2019: 5.4%
2020: 3.4%
2021: 0.4%
2022: 2.9%
2023: -1.8%
2018 → 2024
Net result
€1.61M
2023 · €-219k
2018: €727k
2019: €2.38M
2020: €740k
2021: €596k
2022: €105k
2023: €-219k
2018 → 2024
Working capital
€23.90M▲ 9.7%
2023 · €21.79M
2018: €23.01M
2019: €25.11M
2020: €20.28M
2021: €20.99M
2022: €21.34M
2023: €21.79M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€24.05M-€25.05M▲ 4.2%€30.67M▲ 22.4%€34.83M▲ 13.6%€36.70M▲ 5.4%
Equity€58.37M-€58.65M▲ 0.5%€58.64M=€58.03M▼ 1.1%€59.35M▲ 2.3%
Operating result€819k-€91k▼ 88.9%€894k▲ 885%€-636k€1.49M
Net result€740k-€596k▼ 19.5%€105k▼ 82.4%€-219k€1.61M
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €1.49M after a loss of €636k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €80.75M
Fixed assets
€50.97M ▼ 3.2%
Current assets
€29.78M ▲ 2.5%
Equity and liabilities €80.85M
Equity
€59.35M ▲ 2.3%
Provisions
€12k ▼ 31.6%
Debt
€21.49M ▼ 9.8%
Debt's share of the balance-sheet total falls from 29.1% to 26.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€4.55M▲
2023 · €2.35M
Cash flow
€4.66M▲
2023 · €2.77M
Current ratio
5.06▲
2023 · 4.00
Debt to equity
0.36▼
2023 · 0.41
ROE
2.7%▲
2023 · -0.4%
ROA
2.0%▲
2023 · -0.3%
Interest coverage
32.43▲
2023 · 16.69
Debt ≤ 1 year
€5.88M▼
2023 · €7.26M
Debt > 1 year
€14.18M▼
2023 · €15.18M
Staff costs
€34.18M▲
2023 · €33.20M
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 · 2024 against 2023 · 74 lines
Balance sheet
Code20232024
Assets
Total assets20/58€81.86M€80.85M▼
Formation expenses20€139k€101k▼
Fixed assets21/28€52.67M€50.97M▼
Tangible fixed assets22/27€52.67M€50.97M▼
Land and buildings22€46.08M€45.99M▼
Plant, machinery and equipment23€1.44M€1.29M▼
Furniture and vehicles24€1.19M€1.13M▼
Leasing and similar rights25€1.32M€1.28M▼
Assets under construction and advance payments27€2.65M€1.27M▼
Financial fixed assets28€1k€1k=
Other financial fixed assets284/8€1k€1k=
Amounts receivable and cash guarantees285/8€1k€1k=
Current assets29/58€29.05M€29.78M▲
Amounts receivable after more than one year29€2.28M€1.87M▼
Other amounts receivable291€2.28M€1.87M▼
Amounts receivable within one year40/41€4.42M€3.90M▼
Trade receivables40€4.18M€3.46M▼
Other amounts receivable41€235k€440k▲
Current investments50/53€18.79M€18.96M▲
Cash at bank and in hand54/58€1.75M€3.96M▲
Deferred charges and accrued income490/1€1.80M€1.09M▼
Equity and liabilities
Total equity and liabilities10/49€81.86M€80.85M▼
Equity10/15€58.03M€59.35M▲
Contributions10/11-€5.43M
Capital10-€5.43M
Reserves13€32.23M€33.42M▲
Profit (loss) carried forward14€15.47M€15.89M▲
Investment grants15€4.89M€4.61M▼
Provisions and deferred taxes16€17k€12k▼
Provisions for liabilities and charges160/5€17k€12k▼
Pensions and similar obligations160€17k€12k▼
Amounts payable17/49€23.81M€21.49M▼
Amounts payable after more than one year17€15.18M€14.18M▼
Financial debts170/4€15.18M€14.18M▼
Leasing and similar obligations172€1.19M€1.16M▼
Credit institutions173€13.99M€13.03M▼
Other amounts payable178/9€10€10=
Amounts payable within one year42/48€7.26M€5.88M▼
Current portion of amounts payable after more than one year42€994k€990k▼
Trade debts44€2.10M€1.07M▼
Suppliers440/4€2.10M€1.07M▼
Taxes, remuneration and social security45€4.13M€3.77M▼
Taxes450/3€93k€88k▼
Remuneration and social security454/9€4.04M€3.68M▼
Accrued charges and deferred income492/3€1.38M€1.42M▲
Income statement
Code20232024
Operating income70/76A€43.04M€45.06M▲
Turnover70€34.83M€36.70M▲
Other operating income74€1.01M€1.15M▲
Non-recurring operating income76A€17k€23k▲
Operating charges60/66A€43.68M€43.56M▼
Goods for resale, raw materials and consumables60€2.92M€2.99M▲
Purchases600/8€2.92M€2.99M▲
Services and other goods61€4.43M€3.20M▼
Remuneration, social security and pensions62€33.20M€34.18M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2.99M€3.06M▲
Other operating charges640/8€154k€145k▼
Non-recurring operating charges66A€154-
Operating profit (loss)9901€-636k€1.49M▲
Financial income75/76B€125k€163k▲
Recurring financial income75€125k€163k▲
Income from current assets751€125k€95k▼
Other financial income752/9-€68k
Financial charges65/66B€-293k€47k▲
Recurring financial charges65€-293k€47k▲
Debt charges650€141k€140k▼
Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651€-457k€-99k▲
Other financial charges652/9€24k€6k▼
Profit (loss) for the period before taxes9903€-219k€1.61M▲
Profit (loss) for the period9904€-219k€1.61M▲
Profit (loss) for the period to be appropriated9905€-219k€1.61M▲
Appropriation of the result
Profit (loss) to be appropriated9906€16.06M€17.07M▲
Profit (loss) brought forward from the previous period14P€16.28M€15.47M▼
To contributions691€594k€1.18M▲
Social balance
Average headcount (FTE)9087487.3485.2▼
The notes to these accounts (86 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €1.61M
Net result €1.61M after one loss-making year.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €-219k ▼309%
Net result drops to €-219k, the lowest in the series; recovery starts the following year.
25-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
16-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
11-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 42 days late
2019
31-12
Financial
Highest result since 2018net €2.38M ▲228%
Net result €2.38M, the highest in the series.
31-12
Financial
Equity above €50MEq €52.71M ▲5.5%
2 profitable years in a row build equity to €52.71M.
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
29-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
17 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, Antwerpen · 7 establishment units since 1986
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.
Doolweg 62150 AntwerpenGround area
3.8 ha
Building footprint
1.2 ha
Volume, LiDAR
77,162 m³
7 parcels, Flanders · tallest building 21.2 m, ±6 floors. Linked by address, not a title deed.
7 establishment units
WZC compostela
since 19862.138.443.588
WZC cantershof
since 19862.138.443.687
WZC cocoon
since 19862.138.443.786
serviceflatgebouw cavell
since 19862.138.443.885
WZC czagani
since 19862.138.443.984
WZC cleo
since 19862.138.444.083
Show 1 more locations
WZC Coralia
since 20222.322.452.093
7 parcels
Flanders
7
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11010B0174/00D000 | Flanders | 1.2 ha | 1 · 1,741 m² | 15.9 m · 4 fl. |
| 11021A0203/00T000 | Flanders | 9,558 m² | 1 · 2,902 m² | 11.6 m · 3 fl. |
| 11007B0092/00H000 | Flanders | 7,713 m² | 1 · 1,613 m² | 15.3 m · 4 fl. |
| 11003A0145/00K013 | Flanders | 3,459 m² | 1 · 1,589 m² | - |
| 11048B0047/00N000 | Flanders | 2,722 m² | 1 · 2,491 m² | 17.0 m |
| 11810K1515/00F013 | Flanders | 1,623 m² | 1 · 568 m² | 21.2 m · 6 fl. |
| 11810K2768/00A000 | Flanders | 1,232 m² | 1 · 955 m² | 15.4 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 6
7 of 7 parcels 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 · 41 entries · 23,403,908 EUR awarded · 23,294,194 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 10 | 19,744,504 EUR | 19,744,504 EUR |
| 2024 | 10 | 959,240 EUR | 1,112,652 EUR |
| 2023 | 9 | 1,562,749 EUR | 1,299,623 EUR |
| 2022 | 12 | 1,137,415 EUR | 1,137,415 EUR |
Schemes
Erkenning en financiering/subsidiëring van woonzorgcentra
Erkenning en financiering/subsidiëring centra voor dagverzorging
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Subsidie aan instellingen in het beleidsdomein Welzijn, Volksgezondheid en Gezin voor de tussenkomst in de energiekost in 2023
Vlaams opleidingsverlof (VOV)
Show 8 more
Subsidie voor klimaat
Subsidies aan lokale dienstencentra, thuiszorgvoorzieningen en mantelzorgvoorzieningen
Subsidie voor alternatieve financiering ouderenzorg
Individueel Maatwerk
Relance budget 45 - Inzetten op kwaliteit en 'good governance' van WZC & vooruitschuif nieuw beleid
Erkenning en subsidiëring van de centra voor kortverblijf voor ouderen
Premie kwalificerend werkplekleren
Subsidie voor de tussenkomst in de energiekost in 2022
Recognitions · licences · registrations
Food safety, FASFC
7 sitesAntwerpen2.138.443.588
Antwerpen2.138.443.786
Antwerpen2.138.443.885
Antwerpen2.138.444.083
Show 3 more sites
Hove2.138.443.687
Kontich2.322.452.093
Ranst2.138.443.984
Care and welfare
25 services · 21 liveCantershof
Cantershof
Cantershof
Cantershof
Show 21 more services
Cavell
Cleo
Cleo
Cocoon
Cocoon
Cocoon
Compostela
Compostela
Compostela
Coralia
Coralia
Czagani
Czagani
Czagani
Czagani
LDC ZILVERENHOEK
Sint-Jacobus
Centrum voor Kortverblijf Cleo
Compostela
Compostela Doolweg 6
Coralia
Dual-learning approval
8 live approvals · 6 endedAssistentie 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)
Keukenmedewerker (vwo)
Keukenmedewerker duaal (so)
Show 2 more
Verzorgende/Zorgkundige duaal (so)
Verzorgende/Zorgkundige duaal (so)
Show 6 ended approvals
Verzorgende/Zorgkundige duaal (so)
Logistiek helper in de zorginstellingen (so)
Verzorgende (so)
Verzorgende/zorgkundige (so)
Verzorgende/zorgkundige (so)
Verzorgende/Zorgkundige duaal (so)
Legal Entity Identifier
894500F9ZAJKH4NV5E11
Similar companies · same sector, comparable size
CURANDO O.L.V. van 7 Weeën Ruiselede
BE 0445.499.422
Wingene · Eq €63.48M
ACCUEIL ET SOLIDARITE
BE 0890.259.070
Namur · Eq €48.62M
ZORG-SAAM ZUSTERS KINDSHEID JESU
BE 0470.673.890
Gent · Eq €89.66M
ARMONEA
BE 0889.421.308
Mechelen · Eq €39.05M
Vincenthof
BE 0432.629.304
Gent · Eq €37.97M
Of 601 companies in sector 87301 we hold annual accounts for 493. 99 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
Founded29-09-1986
Fiscal year end31-12
Activities, NACEBEL 2025
87301Residential care activities
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.