Summary
Conclusion
the dossier summarised in one paragraphFor the legal form of VLOTTER, Checked does not compute a bankruptcy probability. The 2025 annual accounts show equity of €2.21M and a net result of €-278k. Equity is shrinking by ~6.2% per year across the filed fiscal years. Its solvency ranks better than 29% of 68 sector peers (fiscal year 2025). The company has been active since 1964 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 8 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneFor this legal form (e.g. co-owners' association, public body or foreign branch) we don't show a bankruptcy probability: some of these forms legally cannot go bankrupt and no reliable figure is possible here.
Signals
1 signal · with evidencePersistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
View the result trend Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Trust signals
2 signalsLong-established
Founded in 1964, 62 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No administrative flags
Financials
Turnover€2.37M-6.9%
EBIT margin-12.6%+18.3pp
Net result€-278k+63.2%
Working capital€2.90M-8.5%
Annual accounts & ratios
Source: NBB · 2025Annual accounts filed on 15-07-2026 with the NBB · fiscal year 2025 · volledig
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
declining
Equity: declining trend of ~6.2%/year over 8 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2025 · NACE 88 · compared across all schema types (micro, abbreviated and full combined)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 26.5% | 41.5% | |
| Net result | €-278k | €24k | |
| Equity | €2.21M | €87k | |
| Staff costs | €6.16M | €411k | |
| Total assets | €8.34M | €226k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
P29
Stable position over 2020-2025
· n=68-277
P5
Stable position over 2020-2025
· n=68-278
P90
Stable position over 2020-2025
· n=68-277
P95
Stable position over 2021-2025
· n=62-237
Describes the position versus peers, not a forecast.
€2.37M
-6.9%
+85% vs sector
€-125k
+79.7%
far below sector median
€-278k
+63.2%
far below sector median
€-105k
+82.1%
far below sector median
€8.34M
+2.7%
+94% vs sector
€2.21M
-11.6%
+3% vs sector
€2.90M
-8.5%
+94% vs sector
112
-3.6%
+53% vs sector
€6.16M
-2.9%
+77% vs sector
€0
-
-100% vs sector
€4.36M
+12.6%
+293% vs sector
€3.20M
+24.7%
far above sector median
€0
-100.0%
-100% vs sector
1.91
-14.7%
-61% vs sector
1.91
-14.7%
-61% vs sector
26.5%
-14.0%
-59% vs sector
1.97
+27.5%
+280% vs sector
-12.6%
+58.3%
far below sector median
-3.3%
+64.1%
far below sector median
-11.7%
+60.4%
far below sector median
-5.3%
+78.2%
far below sector median
-2621.14
-265.1%
far below sector median
Figures by fiscal year
| Fiscal year | 2025 |
|---|---|
| Revenue | €2.37M |
| EBITDA | €-125k |
| Net profit | €-278k |
| Cash flow | €-105k |
| Staff costs | €6.16M |
| Income taxes | - |
| Dividends | - |
| Total assets | €8.34M |
| Equity | €2.21M |
| Debt | €4.36M |
| of which ≤ 1y | €3.20M |
| of which > 1y | - |
| Working capital | €2.90M |
| Employees (FTE) | 112.3 |
Ratios (computed)
| 2025 | |
|---|---|
| Current ratio | 1.91 |
| Quick ratio | 1.91 |
| Working capital ratio | 34.7% |
| Solvency | 26.5% |
| Debt / equity | 1.97 |
| Long-term debt ratio | - |
| Interest coverage | -2621.14 |
| Gross margin | 93.5% |
| Net margin | -11.7% |
| ROA | -3.3% |
| ROE | -12.6% |
| EBITDA margin | -5.3% |
| Days sales outstanding | 205d |
| Days payable outstanding | 2115d |
| Inventory turnover | - |
| Days inventory (DSI) | 0d |
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €8.34M |
| Fixed assets | 21/28 | €2.24M |
| Intangible fixed assets | 21 | €7k |
| Tangible fixed assets | 22/27 | €2.23M |
| Financial fixed assets | 28 | €10k |
| Current assets | 29/58 | €6.10M |
| Stocks & contracts in progress | 3 | €0 |
| Amounts receivable within one year | 40/41 | €1.67M |
| Cash & bank | 54/58 | €4.37M |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €8.34M |
| Equity | 10/15 | €2.21M |
| Contributions / capital | 10/11 | €87k |
| Reserves | 13 | €3.09M |
| Accumulated profits (losses) | 14 | €-1.30M |
| Provisions & deferred taxes | 16 | €1.77M |
| Amounts payable | 17/49 | €4.36M |
| Amounts payable within one year | 42/48 | €3.20M |
| Trade debts payable within one year | 44 | €891k |
| Income statement | ||
| Turnover | 70 | €2.37M |
| Operating result | 9901 | €-298k |
| Financial income | 75 | €21k |
| Financial charges | 65 | €877 |
| Result before taxes | 9903 | €-278k |
| Net result for the period | 9904 | €-278k |
| Result to be appropriated | 9905 | €-278k |
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan.
See plans →
Ratios computed by Checked.
Health barometer
FY 2025 · computed43
/ 100
Weak
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Directors
Directors & mandates
35 directorsCurrent directors & mandates
-
Current15-03-2028 → present
-
Current15-03-2028 → present
-
Current06-11-2025 → present
2 events
- 06-11-2025 Appointed· Director
- 24-04-2025 Resigned· Director
-
Current06-11-2025 → present
-
Current24-04-2025 → present
-
Current24-04-2025 → present
2 events
- 24-04-2025 Appointed· Director
- 24-04-2025 Resigned· Director
-
Current24-04-2025 → present
-
Current24-04-2025 → present
2 events
- 24-04-2025 Appointed· Director
- 24-04-2025 Resigned· Director
-
Current24-04-2025 → present
-
Current24-04-2025 → present
-
Current24-04-2025 → present
4 events
- 15-03-2028 Appointed· Director
- 24-04-2025 Appointed· Director
- 24-04-2025 Resigned· Director
- 25-11-2024 Appointed· Director
-
Current24-04-2025 → present
-
Current24-04-2025 → present
-
Current24-04-2025 → present
+ 4 not shown in this overview
Former directors (17)
-
Former- → 24-04-2025
-
Former25-11-2024 → 24-04-2025
2 events
- 24-04-2025 Resigned· Director
- 25-11-2024 Mandate renewed· Director
-
Former25-11-2024 → 24-04-2025
2 events
- 24-04-2025 Resigned· Director
- 25-11-2024 Mandate renewed· Director
-
Former15-03-2025 → 24-04-2025
2 events
- 24-04-2025 Resigned· Director
- 15-03-2025 Appointed· Director
-
Former- → 24-04-2025
-
Former- → 24-04-2025
-
Former- → 24-04-2025
-
Former- → 24-04-2025
-
Former- → 24-04-2025
-
Former25-11-2024 → 24-04-2025
2 events
- 24-04-2025 Resigned· Director
- 25-11-2024 Mandate renewed· Director
-
Former- → 25-11-2024
-
Former- → 25-11-2024
-
Former- → 25-11-2024
-
Former- → 25-11-2024
+ 3 not shown in this overview
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.
Insolvency mandates
No insolvency mandates (liquidators, administrators) on record for this company.
Legal Structure
| NACE primary | Beschutte en sociale werkplaatsen(88993) |
| Legal form | Dienstverlenende vereniging (Vlaams Gewest)(416) |
| Incorporation | 01-07-1964 |
| Status | Active |
| Postal code | 2850 |
Structure & network
Locations & real estate
Establishment units
2 locationsBeschermde Werkplaats IMSIR
since 19952.171.339.159
Vlotter
since 20002.162.917.579
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area2,299 m²
Buildings2
Building footprint946 m²
Volume (LiDAR)7,847 m³
Tallest building13.9 m · ±4 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11005B0125/00P000 | Flanders | 1,483 m² | 1 · 692 m² | 13.9 m · 4 fl. |
| 11005A0110/00R004 | Flanders | 816 m² | 1 · 254 m² | 5.0 m · 1 fl. |
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgisch Staatsblad · acts
8 acts Address history · 2
01-04-2026
Seat change: Industrieweg 1/b, 2850 Boom
01-04-2026
Seat change: 2850 Boom, Industrieweg 1/b
All acts · 8
updated 4 months ago
2026
01-04-2026 Notarial deed · Act object · General meeting · Officer appointment
- Filing: 2025-11-14 · Vlotter Maakbedrijf
- Publication: 2026-04-01 · Vlotter Maakbedrijf
- Notarial deed: 2026-01-05 · Vlotter Maakbedrijf
- Act object: Buitengewone algemene vergadering - statutenwijziging · Vlotter Maakbedrijf
- General meeting: 2026-01-05 · Vlotter Maakbedrijf
- Officer appointment: role: bestuurder, start_date: 2025-03-19 · Vlotter
- Officer appointment: role: voorzitter, start_date: 2025-03-19 · Vlotter
- Permanent representative: role: vast vertegenwoordigd · Hilde Heyman
- Officer appointment: role: bestuurder, start_date: 2025-03-19 · Andy Janssens
- Officer appointment: role: ondervoorzitter, start_date: 2025-03-19 · Andy Janssens
- Officer appointment: role: bestuurder, start_date: 2025-03-19 · Bram Van Keer
- Officer reappointment: role: bestuurder, start_date: 2025-04-01 · Jo De Clercq
- Officer reappointment: role: bestuurder, start_date: 2025-04-01 · Paul Cornelis
- Officer reappointment: role: bestuurder, start_date: 2025-04-01 · Jo Van Havere
- Officer appointment: role: bestuurder, start_date: 2025-06-25 · Koen Segers
- Officer resignation: role: bestuurder, end_date: 2024-09-10 · Kris De Keninck
- Officer resignation: role: bestuurder, end_date: 2025-03-19 · Anne Troch
- Officer resignation: role: bestuurder, end_date: 2025-03-19 · Godelieve Van Dijck
- Officer resignation: role: bestuurder, end_date: 2025-03-19 · Hilde Heyman
- Approval: inbreng om niet van de bedrijfstak "Facilities" · Vlotter Maakbedrijf
- Approval: inbreng om niet · Vlotter Maakbedrijf
- Approval: instemming met inbreng om niet · intergemeentelijk samenwerkingsverband Vlotter
- Auditor mandate: role: commissaris · Baker Tilly
- Auditor mandate: role: commissaris representative · Christel De Blander
- Auditor mandate: role: commissaris representative · Els Mertens
- Name change: Vlotter Maatwerk VZW · Vlotter Maakbedrijf
- Seat change: Industrieweg 1/b, 2850 Boom · Vlotter Maakbedrijf
- Power of attorney: uitvoering besluiten en formaliteiten · Acctive
- Power of attorney: opmaken, ondertekenen en neerleggen gecoördineerde statuten · Johan Rooms
- Power of attorney: voorzitter mandaat uitvoering inbreng · Vlotter Maakbedrijf
Summary:
Notarial deed · Act object · General meeting · Officer appointmentNotary:
Johan Rooms
01-04-2026 General meeting · Officer appointment · Officer reappointment · Officer resignation
- Filing: 2026-03-24 · Vlotter Facilities
- General meeting: 2026-01-05 · Vlotter Facilities
- Officer appointment: role: bestuurder, start_date: 2025-03-19 · Vlotter
- Officer appointment: role: voorzitter, start_date: 2025-03-19 · Vlotter
- Officer appointment: role: bestuurder, start_date: 2025-03-19 · Andy Janssens
- Officer appointment: role: ondervoorzitter, start_date: 2025-03-19 · Andy Janssens
- Officer appointment: role: bestuurder, start_date: 2025-03-19 · Bram Van Keer
- Officer reappointment: role: bestuurder, start_date: 2025-04-01 · Jo De Clercq
- Officer reappointment: role: bestuurder, start_date: 2025-04-01 · Paul Cornelis
- Officer reappointment: role: bestuurder, start_date: 2025-04-01 · Jo Van Havere
- Officer appointment: role: bestuurder, start_date: 2025-06-25 · Koen Segers
- Officer resignation: role: bestuurder, end_date: 2024-09-10 · Kris De Keninck
- Officer resignation: role: bestuurder, end_date: 2025-03-19 · Anne Troch
- Officer resignation: role: bestuurder, end_date: 2025-03-19 · Godelieve Van Dijck
- Officer resignation: role: bestuurder, end_date: 2025-03-19 · Hilde Heyman
- Officer resignation: role: bestuurder, end_date: 2025-03-19 · Hoek te Boom
- Officer resignation: role: bestuurder, end_date: 2013-10-17 · De Wijn Marleen
- Officer resignation: role: bestuurder, end_date: 2018-04-26 · Willems Brit
- Approval: inbreng om niet van de bedrijfstak "Facilities" · Vlotter Facilities
- Auditor mandate: role: commissaris · Baker Tilly
- Seat change: 2850 Boom, Industrieweg 1/b · Vlotter Facilities
- Power of attorney: uitvoering van de genomen besluiten · Acctive
- Power of attorney: uitvoering van de genomen besluiten · Actra BV
- Power of attorney: uitvoering van de genomen besluiten · Kim Oeyen
- Power of attorney: opmaken, ondertekenen en neerleggen in het vennootschapsdossier van de gecoördineerde tekst der statuten · Johan Rooms
- Act object: Bijzondere algemene vergadering · Vlotter Facilities
- Publication: 2026-04-01
Summary:
General meeting · Officer appointment · Officer reappointment · Officer resignationNotary:
Johan Rooms
28-01-2026 1 director appointed, 1 resigning
- Baker Tilly Bedrijfsrevisoren BV, Commissaris
- Groupe Audit Belgium BV, Commissaris
Summary:
v3.2
2025
06-11-2025 4 directors appointed
- Dorien Deckers, Bestuurder
- Anne Troch, Bestuurder
- Guy De Wachter, Bestuurder
- Hilde Heyman, Bestuurder
Summary:
v3.2
24-04-2025 16 directors appointed, 14 resigning
- Mevrouw Hilde Heyman, Bestuurder
- Mevrouw Isabelle De Beukelaar, Bestuurder
- Mevrouw Kathy Mommen, Bestuurder
- De heer Koen Peeters, Bestuurder
- Mevrouw Carina Vercauteren, Bestuurder
- De heer Robbe Van Borm, Bestuurder
- De heer Jan Van Buggenhout, Bestuurder
- De heer Andy Janssens, Bestuurder
Summary:
v3.2
2024
25-11-2024 1 director appointed, 7 resigning, 3 reappointed
- Hilde HEYMAN, Bestuurder
- Kim VAN KERCKHOVEN, Bestuurder
- Tom DEWANDELAERE, Bestuurder
- Lydie SMITS, Bestuurder
- Marijke VANDENBROECK, Bestuurder
- Sven VAN GYSEL, Bestuurder
- Kris DE KENINCK, Bestuurder
- Idriss IBNOU-CHEIKH, Bestuurder
Summary:
v3.2
30-05-2024 Articles of association amended
Summary:
v3.2
2023
14-02-2023 Articles of association amended
Summary:
v3.2
Analysis
Snowflake analysis
financial profile on 5 axes49
/ 100
Mixed profile: strong on stability, weaker on profitability.
Health
43
Profitability
0
Solvency
68
Growth
34
Stability
100
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verdict per customer and amountSimilar
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Same sector, ranked by comparable sizeCompany registry
Company registry (CBE)
Crossroads BankActivities
Beschutte werkplaatsen85322Activiteiten van gezins- en bejaardenzorg aan huis, m.u.v. (thuis)verpleging88101Activiteiten van bejaardenzorg aan huis, muv (thuis)verpleging88101Beschutte en sociale werkplaatsen88993Beschutte en sociale werkplaatsen88995
Primary activity highlighted.
Names & trade names
| Legal nameNL | VLOTTER |
Registered office
Colonel Silvertopstraat 15
2850 Boom, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.