STICHTING SPULLENHULP
ActiveSummary
STICHTING SPULLENHULP has the legal form “Public-utility foundation” in the KBO. Checked does not compute a bankruptcy probability for it. The 2025 annual accounts show equity of €12.1m and a net result of -€781,593. Equity has been growing by about 14% per year since 2022. Its solvency ranks better than 39% of 696 sector peers (NACE 87, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 22-04-2022 Normal situation
- Activity
- Residential care activities NACE 87992and 1 other
- Establishment unit
- 2.331.828.827 1050 Elsene, since 31-03-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 30-12-2025
Board and ownership
- Auditor
- DGST & PARTNERS
Financial position
Bankruptcy probability: legal form outside the model
Annual accounts 2025
- Gross margin
- €1.7m
- ▲ 26.2%
- Turnover
- ≈ €2.1m
- estimated
- Deficit
- €781,593
- ▼ 68.9%
- Equity
- €12.1m
- ▼ 6.1%
- Total assets
- €36.1m
- ▼ 2.5%
- Employees on 31-12-2025
- 4
- ▼ 83.3%
Signalsraises riskPersistent lossesneutralLatest accounts filed on timeShow the evidence
Checked score
Score 2025
31
/ 100
Weak▲ +1 on 2024
Without a bankruptcy probability, the score rests on the figures alone.
Financial strength · tick: 2024
Weak
Solvency
59-1
equity 33.6% of total assets
Liquidity
18-1
short-term debt 62.6% · cash 0.7%
Profitability
16+6
return on assets -2.2%
Bankruptcy probability within 12 months
For a Public-utility foundation there is no bankruptcy probability. The model is built on companies and gives no reliable figure for associations and foundations.
Credit of up to €370,000 on 30-day terms, only on tighter conditions: weak financial health in the latest filing
Liquidity is insufficient, with a current ratio of 0.34 (0.37 in 2024), below 1. Short-term debt is 62.6% and cash 0.7% of total assets. 66.4% of the assets are financed with debt and provisions.
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Signals
Two signals.
raises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
22232425
2022 to 2025 · latest year -€781,593
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 02-07-2026, 29 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
29 days early
2024
46 days early
2023
61 days early
2022
31 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 42 days before the deadline. In the sector (NACE 87), the median for financial year 2024 was 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 23 June (4 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
Key points
- Risk: 4 loss-making years in a rowloss in financial year 2025 -€781,593 View
- Caution: Lower net result than 95% of companies in residential caresector median €23,409 · 695 companies -€781,593 View
- Positive: Result rose in 2025from -€2.5m to -€781,593 ▲ 68.9% View
- Board changedlatest change 08-06-2026 · 14 in office 1 joined · 3 left View
- Positive: Always filed on timeaccounts within the deadline every year 4 years View
Recent changes
- · Gazette deed 1 director appointed, 3 directors resigning, 8 reappointedAppointment: Hadewig DE CORTE (day-to-day manager) · Resignations: Thierry SMETS, Claire SEUTIN and Françoise ROELS · Reappointments: Sabine SAGAERT, Vincent DOUMIER and 6 others
- · Gazette deed 2 directors appointedAppointments: Christiane Vandenborre (director) and Baudouin Paquot (director) · Reappointment: DGST & Partners (statutory auditor) · Permanent representative: Fabio CRISI
- · Gazette deed Miscellaneous
Comparable companies
These companies have the same main activity as STICHTING SPULLENHULP: residential care activities (NACE 87992). They are comparable in size and age: total assets between €3.8m and €14m, founded between 1974 and 1998.
| Company | Total assets | Gross margin |
|---|---|---|
| STICHTING SPULLENHULP Elsene | €36.1m | €1.7m |
| G4S CARE Brussel | €13.5m | - |
| DE GROENE VERTE WOON EN ZORG Houthulst | €12.1m | - |
| CENTRUM ALGEMEEN WELZIJNSWERK ZUID-WEST-VLAANDEREN Kortrijk | €14.1m | - |
| MAISON D'ACCUEIL DES SANS LOGIS FOYER DE LA MERE ET DES TOUT PETITS - TEHUIS VOOR DAKLOZEN HAARD VAN DE MOEDER EN DE ALLERKLEINSTEN - EMPFANGSHAUS FUR OBDACHLOS Liège | €10.7m | €3.4m |
| CIG Nestel Kortrijk | €5.1m | €2.1m |
| De Stobbe Antwerpen | €3.8m | €2.9m |
Key facts about STICHTING SPULLENHULP
- What is the company number of STICHTING SPULLENHULP?
- The company number of STICHTING SPULLENHULP is 0785.328.133. The VAT number is the same number with BE in front: BE 0785.328.133.
- Where is STICHTING SPULLENHULP based?
- The registered office is at Amerikaanse straat 101, 1050 Elsene.Company details
- What does STICHTING SPULLENHULP do?
- According to the KBO register, the main activity is residential care activities (NACE 87992).
- What is the legal form of STICHTING SPULLENHULP?
- The legal form of STICHTING SPULLENHULP is Public-utility foundation.
- When was STICHTING SPULLENHULP founded?
- STICHTING SPULLENHULP was founded on 22-04-2022.
- Is STICHTING SPULLENHULP still active?
- Yes, STICHTING SPULLENHULP is an active enterprise in the KBO register.
- How many employees does STICHTING SPULLENHULP have?
- STICHTING SPULLENHULP had an average of 24.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of STICHTING SPULLENHULP?
- The turnover in financial year 2025 is ≈ €2.1m. This figure is estimated from the gross margin of €1.7m and 103 comparable companies (NACE 87). It probably lies between €1.8m and €2.4m. In financial year 2024 turnover was €0.
- Is STICHTING SPULLENHULP profitable?
- In financial year 2025, STICHTING SPULLENHULP made a loss of €781,593.
- Where can I find the annual accounts of STICHTING SPULLENHULP?
- STICHTING SPULLENHULP filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of STICHTING SPULLENHULP due?
- STICHTING SPULLENHULP must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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