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Centrum voor Kwaliteitszorg West-Vlaanderen

Active
Non-profit associationfounded 1982active for 43 yearsBeneluxpark(Kor) 1, 8500 Kortrijk, BelgiumKBO/BCE: BE 0424.494.467
Summary

Centrum voor Kwaliteitszorg West-Vlaanderen has been active since 1982 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €623,124 and a net result of €35,147. Equity is shrinking by about 8% per year across the filed financial years. Its solvency ranks better than 24% of 315 sector peers (NACE 94, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Centrum voor Kwaliteitszorg West-VlaanderenActiveChecked score 92/100

Overview

Activity
Activities of business and employers' organisations
NACE 94110Other education NACE 85599
#5 employer in West Flanders, Membership organisations sector1 site
Size
€2.1mtotal assets 2025
Staff
12.8 FTE
Equity
€623,124
Surplus
€35,147
Turnover not published (abbreviated format)
Financial health
92 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Board
8 members
Accounts 67 days early
Why 92raises riskLiquidity: current ratio 0.55, cash €65,744, halvedSize: 12.8 FTE, total assets €2.1mlowers riskLegal form: non-profit associationSector: Activities of membership organisations (NACE 94)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 94, small)
Financial strength · tick = 2024
Average
Solvency 54-4
equity 29.1% of total assets
Liquidity 24-11
short-term debt 57.5% · cash 3.1%
Profitability 71+71
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).

Sector median < 0.1% (509 companies, NACE 94, 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: < 0.1%● 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 09-2025highest value 11-2025: < 0.1%● unchanged vs 10-2025highest value 12-2025: < 0.1%● unchanged vs 11-2025lowest value 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026lowest value 03-2026: < 0.1%● unchanged vs 02-2026lowest value 04-2026: < 0.1%● unchanged vs 03-2026lowest value 05-2026: < 0.1%● unchanged vs 04-2026lowest value 06-2026: < 0.1%● unchanged vs 05-2026lowest value 07-2026: < 0.1%● unchanged vs 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €55,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.55, compared with 1.53 in 2024; short-term debt: 57.5% and cash: 3.1% of total assets), and 70.9% of the assets are financed with debt.
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 94, small): better than 26% on solvency, 3% on liquidity, 61% on profitability and 62% on growth.

The bankruptcy probability was computed on 08-10-2026 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

Six signals.
−lowers risk+raises risk○neutral
lowers risk · Legal form: non-profit association
KBO
lowers risk · Sector: Activities of membership organisations (NACE 94)
KBO
raises risk · Liquidity: current ratio 0.55, cash €65,744, halved
NBB · annual accounts
raises risk · Size: 12.8 FTE, total assets €2.1m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 315 sector peers (2025).
NBB · sector comparison
Position among 315 sector peers
Solvency
better than 24%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 25-11-2025, 67 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
67 days early
2024
58 days early
2023
77 days early
2022
48 days late
2021
28 days early
2020
69 days early
2019
17 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 38 days before the deadline; the sector median (NACE 94) for financial year 2024 is 29 days before the deadline, and 25% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 4 December (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end09-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignation: Patrick Vanderstichele (director)Power of attorney
  2. Resignation: Pascal Anckaert (director)Power of attorney
  3. Annual accounts filedfinancial year 2025 · abbreviated…

Key points

  • Positive: Back in profit in 2025after -€283,614 in 2024 €35,147 View
  • Positive: Employer in West Flanders, Membership organisations sectorin the Checked rankings #5 View
  • Directors leftlatest change 31-12-2025 · 8 in office 2 left View

By topic

Financials

Financial year
2025
Total assets
€2.1m
Profit
€35,147
Solvency
29.1%
Turnover▲ 17.9%
Net result
20202021
Go to Financials

Board & ownership

Board
8 members
  • Van Hootegem JanChair
  • Castelain FrederikDirector
  • Jonckheere YvanDirector
  • Leenknecht ChristophDirector
  • Annie VanhoutteDirector

and 3 other directors

Go to Board & ownership

Timeline

Events
47
Since
2008
Next accounts
by 31-01-2027
  1. 30-06-2025Back to profit
  2. 04-12-2024Annual accounts filed
  3. 20-11-2024Reappointment: Christoph Leenknecht (director)
Go to Timeline

Company details

Sites
1
Legal form
Non-profit association
Activity
Activities of business and employers' organisationsNACE 94110
Founded
09-12-1982
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
2
Purpose
Het ontwikkelen, implementeren en verbeteren van efficiënte managementsystemen gedragen…
Go to Articles of association

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