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Woonzorgcentrum Lindelo

Active
Non-profit associationfounded 197848 yrs activeKerkplein 20, 2275 Lille, BelgiumKBO/BCE: BE 0418.352.387

Woonzorgcentrum Lindelo has been active since 1978 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9.43M and a net result of €-225k. Equity remains stable across the filed fiscal years (±1% per year). Its solvency ranks better than 45% of 460 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Checked score

Score 2025
55 / 100
Fair▼ -12 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability11▼-6
Solvency71▼-25
Growth38▼-17
Stability100
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500k at 30 days acceptable
Liquidity tight (current ratio 1.17 against 2.65 in 2024), and 55.3% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 48 years 0 50 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
44.7%
Return on assets
-1.1%
Age of the figures
8 mo
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 17-06-2026, 44 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
44 d early
2024
34 d early
2023
37 d early
2022
32 d early
2021
38 d early
2020
80 d early
2019
29 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Turnover
€10.43M▲ 1.8%
2024 · €10.25M
2018: €7.62M 2019: €8.03M 2020: €8.14M 2021: €8.73M 2022: €9.42M 2023: €9.98M 2024: €10.25M
2018 → 2025
EBIT margin
-1.9%▼ 1.5pp
2024 · -0.4%
2018: -0.4% 2019: 6.4% 2020: 4.0% 2021: 5.7% 2022: 4.3% 2023: 1.0% 2024: -0.4%
2018 → 2025
Net result
€-225k▼ 1,651%
2024 · €-13k
2018: €-191k 2019: €378k 2020: €210k 2021: €404k 2022: €337k 2023: €81k 2024: €-13k
2018 → 2025
Working capital
€740k▼ 85.4%
2024 · €5.09M
2018: €7.94M 2019: €7.64M 2020: €7.22M 2021: €6.80M 2022: €6.20M 2023: €5.71M 2024: €5.09M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Turnover€8.73M-€9.42M▲ 7.9%€9.98M▲ 6.0%€10.25M▲ 2.6%€10.43M▲ 1.8%
Equity€10.43M-€10.46M▲ 0.4%€10.24M▼ 2.1%€9.95M▼ 2.9%€9.43M▼ 5.2%
Operating result€496k-€406k▼ 18.0%€104k▼ 74.4%€-38k€-196k▼ 418%
Net result€404k-€337k▼ 16.5%€81k▼ 76.0%€-13k€-225k▼ 1,651%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€-400k€-200k€0€200k€400kOperating result 2021: €496k€496kNet result 2021: €404k€404kOperating result 2022: €406k€406kNet result 2022: €337k€337kOperating result 2023: €104k€104kNet result 2023: €81k€81kOperating result 2024: €-38k€-38kNet result 2024: €-13k€-13kOperating result 2025: €-196k€-196kNet result 2025: €-225k€-225k20212022202320242025
The operating result stays negative: a loss of €196k in 2025 against €38k in 2024; the loss grows and 2025 is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €21.08M
Fixed assets €15.97M▲ 45.9%
Current assets €5.11M▼ 37.5%
Equity and liabilities €21.08M
Equity €9.43M▼ 5.2%
Provisions €72k=
Debt €11.58M▲ 27.2%
The debt ratio rises from 47.6% to 54.9%: debt grows while equity shrinks.
Key figures and ratios
2025 value · change against 2024
EBITDA
€423k
2024 · €571k
Cash flow
€394k
2024 · €596k
Solvency
44.7%
2024 · 52.0%
Current ratio
1.17
2024 · 2.65
Quick ratio
1.16
2024 · 2.63
Debt / equity
1.23
2024 · 0.92
ROE
-2.4%
2024 · -0.1%
ROA
-1.1%
2024 · -0.1%
Interest coverage
1.56
2024 · 1.96
Debt
€11.58M
2024 · €9.10M
Debt ≤ 1 year
€4.37M
2024 · €3.08M
Debt > 1 year
€7.08M
2024 · €5.87M
Staff costs
€11.27M
2024 · €10.78M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€19.12M€21.08M
Fixed assets21/28€10.95M€15.97M
Tangible fixed assets22/27€10.95M€15.97M
Land and buildings22€9.70M€9.26M
Plant, machinery and equipment23€219k€222k
Furniture and vehicles24€200k€135k
Assets under construction and advance payments27€833k€6.35M
Current assets29/58€8.17M€5.11M
Amounts receivable after more than one year29€3.06M€2.62M
Other amounts receivable291€3.06M€2.62M
Stocks and contracts in progress3€51k€51k=
Stocks30/36€51k€51k=
Raw materials and consumables30/31€51k€51k=
Amounts receivable within one year40/41€1.60M€1.74M
Trade receivables40€938k€949k
Other amounts receivable41€661k€795k
Cash at bank and in hand54/58€3.40M€633k
Deferred charges and accrued income490/1€58k€64k
Equity and liabilities
Total equity and liabilities10/49€19.12M€21.08M
Equity10/15€9.95M€9.43M
Contributions10/11€459k€459k=
Capital10€459k€459k=
Profit (loss) carried forward14€4.09M€3.86M
Investment grants15€5.40M€5.11M
Provisions and deferred taxes16€72k€72k=
Provisions for liabilities and charges160/5€72k€72k=
Major repairs and maintenance162€72k€72k=
Amounts payable17/49€9.10M€11.58M
Amounts payable after more than one year17€5.87M€7.08M
Financial debts170/4€5.87M€7.08M
Credit institutions173€5.87M€7.08M
Amounts payable within one year42/48€3.08M€4.37M
Current portion of amounts payable after more than one year42€681k€826k
Trade debts44€329k€1.57M
Suppliers440/4€329k€1.57M
Taxes, remuneration and social security45€2.07M€1.97M
Taxes450/3€119k€121k
Remuneration and social security454/9€1.95M€1.85M
Accrued charges and deferred income492/3€149k€133k
Income statement Code20242025
Operating income70/76A€13.28M€13.57M
Turnover70€10.25M€10.43M
Other operating income74€220k€215k
Non-recurring operating income76A€113k-
Operating charges60/66A€13.32M€13.76M
Goods for resale, raw materials and consumables60€991k€990k
Purchases600/8€991k€990k
Services and other goods61€784k€850k
Remuneration, social security and pensions62€10.78M€11.27M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€609k€619k
Other operating charges640/8€151k€29k
Operating profit (loss)9901€-38k€-196k
Financial income75/76B€317k€242k
Recurring financial income75€317k€242k
Income from current assets751€47k€9k
Other financial income752/9€271k€233k
Financial charges65/66B€293k€272k
Recurring financial charges65€293k€272k
Debt charges650€292k€271k
Other financial charges652/9€670€456
Profit (loss) for the period before taxes9903€-13k€-225k
Profit (loss) for the period9904€-13k€-225k
Profit (loss) for the period to be appropriated9905€-13k€-225k
Appropriation of the result
Profit (loss) to be appropriated9906€4.09M€3.86M
Profit (loss) brought forward from the previous period14P€4.10M€4.09M
Social balance
Average headcount (FTE)9087158.3166.9

The notes to these accounts (58 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
17-06
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Weakest financial yearnet €-225k
Net result drops to €-225k, the lowest in the series.
27-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
24-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
29-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
23-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Highest result since 2018net €404k ▲92.7%
Net result €404k, the highest in the series.
12-05
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
02-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial Back to profitnet €378k
Net result €378k after one loss-making year.
05-06
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-04
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
07-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
16 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, Lille · 1 establishment unit since 2006
establishment The establishment unit on the map
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.

Kerkplein 202275 Lille
Ground area
2.4 ha
Building footprint
1.0 ha
Volume, LiDAR
22,775 m³
Parcel 13019E0605/00T000, Flanders · tallest building 8.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Rust en verzorgingstehuis L
Kerkplein 20, 2275 LilleNACE 85315
since 20062.150.807.724
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13019E0605/00T000 Flanders 2.4 ha 1 · 1.0 ha 8.1 m · 1 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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 · 28 entries · 8,770,501 EUR awarded · 8,518,735 EUR paid
Year Entries awardedpaid
2025 6 6,356,238 EUR6,356,376 EUR
2024 8 895,980 EUR661,296 EUR
2023 7 753,237 EUR736,017 EUR
2022 7 765,046 EUR765,046 EUR
Schemes
Erkenning en financiering/subsidiëring van woonzorgcentra
8 entries · 7,340,723 EUR · 7,340,723 EUR paid · AGENTSCHAP VLAAMSE SOCIALE BESCHERMING
Subsidie voor alternatieve financiering ouderenzorg
4 entries · 906,996 EUR · 906,996 EUR paid · Vlaams Infrastructuurfonds voor Persoonsgebonden Aangelegenheden
Subsidie voor klimaat
1 entry · 251,766 EUR · Vlaams Infrastructuurfonds voor Persoonsgebonden Aangelegenheden
Erkenning en subsidiëring van de centra voor kortverblijf voor ouderen
1 entry · 109,317 EUR · 109,317 EUR paid · AGENTSCHAP VLAAMSE SOCIALE BESCHERMING
Vlaams opleidingsverlof (VOV)
4 entries · 76,890 EUR · 76,890 EUR paid · Departement Werk en Sociale Economie
Show 6 more
Subsidie aan instellingen in het beleidsdomein Welzijn, Volksgezondheid en Gezin voor de tussenkomst in de energiekost in 2023
1 entry · 56,420 EUR · 56,420 EUR paid · Vlaams Infrastructuurfonds voor Persoonsgebonden Aangelegenheden
Relance budget 45 - Inzetten op kwaliteit en 'good governance' van WZC & vooruitschuif nieuw beleid
1 entry · 14,175 EUR · 14,175 EUR paid · AGENTSCHAP VLAAMSE SOCIALE BESCHERMING
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
3 entries · 9,452 EUR · 9,452 EUR paid · Departement Werk en Sociale Economie
Werkbaarheidscheque (stopgezet)
3 entries · 1,962 EUR · 1,962 EUR paid · Departement Werk en Sociale Economie
Aanwervingsincentive voor langdurig werkzoekenden (AWI) - Stopgezet
1 entry · 1,800 EUR · 1,800 EUR paid · Departement Werk en Sociale Economie
Premie kwalificerend werkplekleren
1 entry · 1,000 EUR · 1,000 EUR paid · Departement Werk en Sociale Economie

Recognitions · licences · registrations

Food safety, FASFC

1 site
Lille2.150.807.724
1 permission
Toelating · Rusthuis (bereiding - distributie maaltijden) · since 03-01-2006

Care and welfare

3 services · 2 live
Lindelo
Care and Health agency · live
Centrum voor Kortverblijf
Lindelo
Care and Health agency · live
Vaccin voorraadplaats · Woonzorgcentrum · Rust- en verzorgingstehuis
Lindelo
Care and Health agency · under review
Groep van Assistentiewoningen

Dual-learning approval

1 live approval · 2 ended
Verzorgende/Zorgkundige duaal (so)
Goedgekeurd · 2026 to 2031

Similar companies · same sector, comparable size

Of 322 companies in sector 87101 we hold annual accounts for 235. 163 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formNon-profit association
Founded02-03-1978
Fiscal year end31-12
Activities, NACEBEL
87101Residential care activities
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.