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LES PETITS RIENS - SPULLENHULP

Active
Non-profit associationfounded 1937active for 89 yearsAmerikaanse straat 101, 1050 Elsene, BelgiumKBO/BCE: BE 0407.139.088
Summary

LES PETITS RIENS - SPULLENHULP has been active since 1937 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €15.7m and a net result of €961. Equity remains stable across the filed financial years (±0.9% per year). Its solvency ranks better than 76% of 475 sector peers (NACE 88, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Other social work without accommodation
NACE 88999
2nd largest employer in Elsene, Health and social work sector26 sites
Size
€14.2mturnover 2025
Staff
241.7 FTE
Equity
€15.7m
Surplus
€961
Financial health
92 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Board
14 members
Auditor: DGST & Partners Reviseurs d'entreprisesAccounts 25 days early
Why 92raises riskLiquidity: current ratio 3.89, cash €457,815lowers riskLegal form: non-profit associationFounded in 1937Equity €15.7m (74.5% of total assets)Show the evidence

Checked score

Score 2025
92 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 38% of its sector peers (NACE 88, medium-sized)
Financial strength · tick = 2024
Strong
Solvency 100=
equity 74.5% of total assets
Liquidity 44-3
short-term debt 24.4% · cash 2.2%
Profitability 57-2
return on assets 0.0%
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% (218 companies, NACE 88, medium-sized)
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 01-2025lowest value 03-2025: < 0.1%● unchanged vs 02-2025lowest value 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%● unchanged 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: < 0.1%● unchanged vs 05-2026highest value 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 €1,400,000 on 30-day terms is acceptable
Liquidity ample (current ratio 3.89, compared with 4.57 in 2024, above the usual 1.5; short-term debt: 24.4% and cash: 2.2% of total assets), and 25.5% 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 88, medium-sized): better than 81% on solvency, 15% on liquidity, 26% on profitability and 29% on growth.

The bankruptcy probability was computed on 13-10-2026 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 riskraises riskneutral
lowers risk · Legal form: non-profit association
KBO
raises risk · Liquidity: current ratio 3.89, cash €457,815
NBB · annual accounts
lowers risk · Founded in 1937
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Equity €15.7m (74.5% of total assets)
NBB · annual accounts
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 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
25 days early
2024
46 days early
2023
30 days early
2022
31 days early
2021
68 days early
2020
27 days late
2019
24 days late
← 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 21 days before the deadline; the sector median (NACE 88) for financial year 2024 is 24 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 30 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
14-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Appointment: Hadewig DE CORTE (director)Resignation: Sébastien CALLEBAUT (director)
  3. Resignations & appointments · MiscellaneousAmendment of the articles

Key points

  • Positive: 2nd largest employer in Elsene, Health and social work sectorin the Checked rankings No. 2 View
  • Active since 1937founded 18-06-1937 89 years View
  • Board changedlatest change 08-06-2026 · 14 in office 1 joined · 1 left View
  • Positive: Filed on time since financial year 2021accounts within the deadline every year 5 years View
  • Positive: 5 profitable years in a rowprofit 2025: €961 5 years View

By topic

Financials

Financial year
2025
Turnover
€14.2m
Profit
€961
Solvency
74.5%
Turnover▼ 3.6%
Net result
20182025
Go to Financials

Board & ownership

Board
14 members
Auditor
DGST & Partners Reviseurs…
  • Vincent DOUMIERChair
  • Etienne Thierry J de CalattayDirector
  • Benoît VELGEDirector
  • Sabine SAGAERTDirector
  • T'SERSTEVENS BernardDirector

and 9 other directors

Go to Board & ownership

Timeline

Events
46
Since
2005
Next accounts
by 31-07-2027
  1. 26-09-2025Resignations: Catherine JADOUL (director) and Julien CIESIELSKI…
  2. 15-06-2025Annual accounts filed
  3. 02-06-2025Reappointment: DGST & Partners (statutory auditor)
Go to Timeline

Company details

Sites
26
Legal form
Non-profit association
Activity
Other social work without accommodationNACE 88999
Founded
18-06-1937
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
12
Who signs
Two directors jointly
Purpose
“In het algemeen heeft de vereniging als belangloos doel de kamp tegen exclusie en armoede.…” (deed in Dutch)
Go to Articles of association

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