Vulpia Care

Active

Public limited companyfounded 2006active for 19 yearsRuiterijschool 6, 2930 Brasschaat, Belgium20 active companies are registered at this addressKBO/BCE: BE 0885.883.479

Summary

Vulpia Care has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €25.2m and a net result of €704,720, of which €697,030 non-recurring income. Equity is growing by about 5.4% per year across the filed financial years. Its solvency ranks better than 59% of 5,786 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow Report Compare

Vulpia CareActiveChecked score 96/100

Risk analysis Report Compare

Activity

Renting and operating of own or leased non-residential real estate, excluding land

NACE 68203Business and other management consultancy NACE 70200

Fastest staff growth in Brasschaat1 site

Size

€10.3mturnover 2025

Staff: 40.5 FTE
Equity: €25.2m
Profit: €704,720

Financial health

96 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.1%

Structure

Board: 7 members
Holdings: 2

ADAX 68Chair · permanent representative Adrienne Axler
Green Tara GroupManaging director · permanent representative Luc Van Moerzeke

Auditor: Deloitte Bedrijfsrevisoren2025 accounts 7 days early7 of 27 deeds summarised

Why 96lowers riskFounded in 2006Size: turnover €10.3m, 40.5 FTE, total assets €51.9mEquity €25.2m (48.5% of total assets)Legal form: public limited companyShow the evidence

Checked score

Score 2025

96 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 68% of its sector peers (NACE 68, small)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 74-4

equity 48.5% of total assets

Liquidity 56+1

short-term debt 8.4% · cash 5.0%

Profitability 54+6

return on assets 1.4%

Bankruptcy probability, 12 months

0.1% Very low

0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (6,990 companies, NACE 68, small)

Last 24 months 11-2024: 0.1% 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: 0.2%▲ +0.1 percentage points vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025highest value 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 01-2026lowest value 03-2026: 0.1%● unchanged vs 02-2026lowest value 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026

Credit of up to €1,000,000 on 30-day terms is acceptable

Liquidity ample (current ratio 7.5, compared with 6.17 in 2024, above the usual 1.5; short-term debt: 8.4% and cash: 5% of total assets), but 51.5% 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 68, small): better than 67% on solvency, 82% on liquidity, 53% on profitability and 71% on growth.

The bankruptcy probability was computed on 30-10-2026 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

Five signals.

lowers riskneutral

Founded in 2006

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Size: turnover €10.3m, 40.5 FTE, total assets €51.9m

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Equity €25.2m (48.5% of total assets)

NBB · annual accounts

Legal form: public limited company

KBO

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-07-2026, 7 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

7 days early

2024

14 days early

2023

14 days early

2022

5 days early

2021

25 days early

2020

15 days early

2019

4 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 12 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)

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 18 July (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

31-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

28-10-2026 Reappointments: Adax 68 BV, LOGIKA BV…Permanent representatives: Adrienne Axler, Patrick…
24-07-2026 Annual accounts filedfinancial year 2025 · full…
30-01-2026 Capital & shares · RestructuringMerger · Power of attorney

Key points

Positive: Fastest staff growth in Brasschaatin the Checked rankings No. 1 View
Board changedlatest change 21-01-2026 · 7 in office 3 joined · 1 left View
Caution: Result fell in 2025from €1.2m to €704,720 ▼ 41.3% View
Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
Positive: 4 years of growth in a rowturnover 2025: €10.3m 4 years View
Merger with SEMAJULImerger on 29-12-2025 2025 View
Known shareholdersaccounts at 31-12-2025 100% View
Flemish supportawarded from 2022 to 2025 €78,924 View

By topic

Financials

Financial year: 2025
Turnover: €10.3m
Profit: €704,720
Solvency: 48.5%

Turnover▲ 28.9%

Net result

20182025

Go to Financials

Board & ownership

Board: 7 members
Known shareholders: 100%
Auditor: Deloitte Bedrijfsrevisoren

ADAX 68Chair
AkeleyDirector
Trees PaelinckDirector
Green Tara GroupManaging director
Human InvestDirector

and 2 other directors

Go to Board & ownership

Network & group

Subsidiaries: 1
Direct holdings: 2
Connected companies: 18
Mergers and asset contributions: 1

2 holdings

Go to Network & group

Timeline

Events: 29
Since: 2009
Next accounts: by 31-07-2027

21-01-2026Appointments: Akeley, Trees Paelinck and Adax 68
31-12-2025Equity above €25m
21-11-2025Restructuring

Go to Timeline

Company details

Sites: 1

Legal form: Public limited company
Activity: Renting and operating of own or leased non-residential…NACE 68203
Founded: 22-12-2006
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 10

Purpose: “Het operationeel uitbaten van initiatieven in de welzijns- en gezondheidssector in het…” (deed in Dutch)

Go to Articles of association

Key facts about Vulpia Care

What is the company number of Vulpia Care?: 0885.883.479. In Belgium the VAT number is the company number with BE in front: BE 0885.883.479.
Where is Vulpia Care based?: The registered office is at Ruiterijschool 6, 2930 Brasschaat.Company details
What does Vulpia Care do?: According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
What is the legal form of Vulpia Care?: Public limited company (NV).
When was Vulpia Care founded?: On 22-12-2006.
Is Vulpia Care still active?: Yes, Vulpia Care is an active enterprise in the KBO register.
How many employees does Vulpia Care have?: On average 40.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Vulpia Care?: €10.3m in financial year 2025, according to the filed annual accounts.
Is Vulpia Care profitable?: In financial year 2025, Vulpia Care made a profit of €704,720.
Where can I find the annual accounts of Vulpia Care?: Vulpia Care filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Vulpia Care due?: By 31-07-2027, for financial year 2026.Timeline