Financials
- Fiscal year
- 2025
- Turnover
- €11.6m
- Profit
- €436,127
- Solvency
- 67.5%
Turnover▲ 2.4%
Net result
20182025
Sint Vincentius
ActiveSummary
Sint Vincentius has been active since 1980 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €18.4m and a net result of €436,127. Equity remains stable across the filed fiscal years (±0.6% per year). Its solvency ranks better than 72% of 594 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Overview
Activity
Residential care activities
NACE 87101
#3 company by total assets in Kortrijk, Health and social work sector3 sites
Size
€11.6mturnover 2025
- Staff
- 145.2 FTE
- Equity
- €18.4m
- Profit
- €436,127
Structure
- Board
- 14 members
Auditor: Moore AuditAccounts 36 d early
Why 96+ Legal form Non-profit association+ Sector Residential care activities (NACE 87)+ Liquidity: current ratio 2.11, cash €4.2m+ Founded in 1980Show the evidence
Checked score
Score 2025
96
/ 100
Excellent
Probability in this band: under 0.55%
Better than 71% of its sector peers (NACE 87, medium-sized)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency
93+3
equity 67.5% of total assets
Liquidity
69+2
short-term debt 10.4% · cash 15.3%
Profitability
79-2
return on assets 1.6%
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).
Last 24 months
11-2024: < 0.1%
12-2024: < 0.1%● 0.0% vs 11-2024
01-2025: < 0.1%● 0.0% vs 12-2024
02-2025: < 0.1%● 0.0% vs 01-2025
03-2025: < 0.1%● 0.0% vs 02-2025
04-2025: < 0.1%● 0.0% vs 03-2025
05-2025: < 0.1%● 0.0% vs 04-2025
06-2025: < 0.1%● 0.0% vs 05-2025
07-2025: < 0.1%▲ +16.7% vs 06-2025
08-2025: < 0.1%▼ -28.6% vs 07-2025lowest value
09-2025: < 0.1%● 0.0% vs 08-2025lowest value
10-2025: < 0.1%● 0.0% vs 09-2025lowest value
11-2025: < 0.1%● 0.0% vs 10-2025lowest value
12-2025: < 0.1%● 0.0% vs 11-2025lowest value
01-2026: < 0.1%● 0.0% vs 12-2025lowest value
02-2026: < 0.1%● 0.0% vs 01-2026lowest value
03-2026: < 0.1%● 0.0% vs 02-2026lowest value
04-2026: < 0.1%● 0.0% vs 03-2026lowest value
05-2026: < 0.1%● 0.0% vs 04-2026lowest value
06-2026: < 0.1%● 0.0% vs 05-2026lowest value
07-2026: < 0.1%▲ +10.0% vs 06-2026
08-2026: < 0.1%▲ +27.3% vs 07-2026
09-2026: < 0.1%▲ +7.1% vs 08-2026highest value
10-2026: < 0.1%▼ -33.3% vs 09-2026lowest value
- Legal form Non-profit association lowers the probability
- Sector Residential care activities (NACE 87) lowers the probability
- Liquidity: current ratio 2.11, cash €4.2m lowers the probability
- Founded in 1980 lowers the probability for this profile
Credit up to €1,150,000 at 30 days acceptable
Liquidity ample (current ratio 2.11 against 1.87 in 2024; short-term debt: 10.4% and cash: 15.3% of total assets), and 32.5% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 87, medium-sized). Better than this share of them on solvency 78%, liquidity 86%, profitability 79%, growth against the median 40%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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 25-06-2026, 36 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
36 d early
2024
29 d early
2023
41 d late
2022
20 d early
2021
19 d early
2020
11 d early
2019
9 d 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 for financial year 2024 is 27 days before the deadline, and 25% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 11 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
04-10-2026 today31-12-2026 close31-07-2027 deadline
- Appointment: Xavier Keters (director)State Gazette act
- Annual accounts filedfiscal year 2025 · abbreviated…
- Reappointments: Inge Bultinck, Jan Van Den…Resignation: Bernard Ceriez (director) ·…
Key points
- Positive: 7 years of growth in a rowturnover 2025: €11.6m 7 years View
- Positive: Company by total assets in Kortrijk, Health and…in the Checked rankings #3 View
- Board changedlatest change 15-06-2026 · 14 in office 2 joined · 1 left View
- Flemish supportawarded 2022 - 2025 €6.4m View
- Caution: Result fell in 2025from €588,608 to €436,127 ▼ 25.9% View
- Active since 1980founded 19-11-1980 45 years View
By topic
Board & ownership
- Board
- 14 members
- Auditor
- Moore Audit
Go to Board & ownership
Network & group
- Connected companies
- 46
Timeline
- Events
- 37
- Since
- 2005
- Next accounts
- by 31-07-2027
- 13-07-2026Appointment: Xavier Keters (director)
- 25-06-2026Annual accounts filed
- 20-01-2026Reappointments: Inge Bultinck, Jan Van Den Eynde…
Company details
- Sites
- 3
- Legal form
- Non-profit association
- Activity
- Residential care activitiesNACE 87101
- Founded
- 19-11-1980
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 1
- Purpose
- Het inrichten van zieken- en ouderenzorg in de breedste betekenis van het woord en dit met…
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