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Kalvermarkt

Active
Non-profit associationfounded 1989active for 37 yearsKortrijksesteenweg 534, 9000 Gent, BelgiumKBO/BCE: BE 0441.313.178
Summary

Kalvermarkt has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.7m and a net result of -€580,096. Equity remains stable across the filed financial years (±1.2% per year). Its solvency ranks better than 12% of 637 sector peers (NACE 87, financial year 2024). The computed 12-month bankruptcy probability is 1.2% (low).

Risk analysisFollow ReportCompare
KalvermarktActiveChecked score 53/100
Risk analysis ReportCompare

Overview

Activity
Residential care activities
NACE 87101
Size
€4.1mturnover 2024
Staff
77.3 FTE
Equity
€1.7m
Deficit
-€580,096
Financial health
53 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
1.2%
Structure
Board
15 members
2025 accounts not filed, 89 days past the deadline5 of 10 deeds summarised
Why 53raises riskCapped at 59: a confirmed filing finding2 changes of registered office in 24 monthsLiquidity: current ratio 0.13, cash €65,471, halvedFigures for financial year 2024 (filed 16-07-2025)lowers riskLegal form: non-profit associationShow the evidence

Checked score

Score 2024
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 18% of its sector peers (NACE 87, medium-sized)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Weak
Solvency 31-57
equity 6.5% of total assets
Liquidity 0-47
short-term debt 92.2% · cash 0.2%
Profitability 11-20
return on assets -2.2%
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median < 0.1% (536 companies, NACE 87, medium-sized)
Last 24 months 11-2024: < 0.1%lowest value 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 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%● unchanged vs 06-2025 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: 0.4%▲ +0.3 percentage points vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.5%▲ +0.1 percentage points vs 07-2026 09-2026: 0.7%▲ +0.2 percentage points vs 08-2026 10-2026: 1.2%▲ +0.5 percentage points vs 09-2026highest value
Credit of up to €90,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity insufficient (current ratio 0.13, compared with 3.29 in 2023, below 1; short-term debt: 92.2% and cash: 0.2% of total assets), and 93.5% 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, medium-sized): better than 16% on solvency, 2% on liquidity, 10% on profitability and 44% on growth.

The bankruptcy probability was computed on 27-10-2026 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

Seven signals.
lowers riskraises riskneutral
lowers risk · Legal form: non-profit association
KBO
raises risk · 2 changes of registered office in 24 months
Belgian Official Gazette
raises risk · Liquidity: current ratio 0.13, cash €65,471, halved
NBB · annual accounts
raises risk · Figures for financial year 2024 (filed 16-07-2025)
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 637 sector peers (2024).
NBB · sector comparison
Position among 637 sector peers
Solvency
better than 12%
← weakest strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 89 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline28-10-2026 today
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 10-07-2025, 21 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
21 days early
2023
37 days early
2022
49 days early
2021
13 days early
2020
2 days early
2019
39 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 14 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 (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Appointments: Geoffrey de Hemptine, Georges Cloquet…Resignations: Raphaël De Rycke, Ludo…
  2. Capital & sharesTransfer of a branch of…
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Caution: From profit to loss in 2024after €63,390 in 2023 -€580,096 View
  • Caution: Among the weakest 5% on net resultsector median €113,122 · 634 companies -€580,096 View
  • Caution: 2025 accounts not fileddeadline was 31-07-2026 89 days past the deadline View
  • Board changedlatest change 06-05-2026 · 15 in office 5 joined · 9 left View
  • Positive: 5 years of growth in a rowturnover 2024: €4.1m 5 years View
  • Flemish supportawarded from 2022 to 2025 €2.4m View

By topic

Financials

Financial year
2024
Turnover
€4.1m
Loss
-€580,096
Solvency
6.5%
Turnover▲ 5.9%
Net result
20182024
Go to Financials

Board & ownership

Board
15 members
  • Bram VerheyeDirector
  • Geoffrey de HemptineDirector
  • Georges CloquetDirector
  • Peter Gabriel P VANDE VYVEREDirector
  • Vanderhaegen BartDirector

and 10 other directors

Go to Board & ownership

Timeline

Events
27
Since
2007
  1. 22-05-2025Appointments: Raphaël De Rycke, Ludo Collin and…
  2. 31-12-2024Weakest financial year
  3. 21-11-2024Registered office · Amendment of the articles
Go to Timeline

Company details

Legal form
Non-profit association
Activity
Residential care activitiesNACE 87101
Founded
06-09-1989
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

Articles of association

Provisions read
16
Purpose
“Woonzorgcentra, serviceflatgebouwen en woningcomplexen met dienstverlening op te trekken…” (deed in Dutch)
Go to Articles of association

Key facts about Kalvermarkt

What is the company number of Kalvermarkt?
0441.313.178. In Belgium the VAT number is the company number with BE in front: BE 0441.313.178.
Where is Kalvermarkt based?
The registered office is at Kortrijksesteenweg 534, 9000 Gent.Company details
What does Kalvermarkt do?
According to the KBO register, the main activity is residential care activities (NACE 87101).
What is the legal form of Kalvermarkt?
Non-profit association (VZW).
When was Kalvermarkt founded?
On 06-09-1989.
Is Kalvermarkt still active?
Yes, Kalvermarkt is an active enterprise in the KBO register.
How many employees does Kalvermarkt have?
On average 77.3 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of Kalvermarkt?
€4.1m in financial year 2024, according to the filed annual accounts.
Is Kalvermarkt profitable?
In financial year 2024, Kalvermarkt made a loss of €580,096.
Where can I find the annual accounts of Kalvermarkt?
Kalvermarkt filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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