Financials
- Fiscal year
- 2025
- Turnover
- €39.2m
- Profit
- €66,528
- Solvency
- 53.2%
Turnover▲ 1.6%
Net result
20182025
Katholieke Hogeschool VIVES Noord
ActiveSummary
Katholieke Hogeschool VIVES Noord has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €34.3m and a net result of €66,528. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 47% of 752 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Overview
Activity
Education
NACE 85402NACE 80304NACE 85422
#2 company by total assets in Kortrijk, Education sector9 sites
Size
€39.2mturnover 2025
- Staff
- 55.1 FTE
- Equity
- €34.3m
- Profit
- €66,528
Structure
- Board
- 26 members
- Holdings
- 1
Auditor: EY BedrijfsrevisorenAccounts 100 d early
Why 91- 1 of the last 3 late+ Legal form Non-profit association+ Size: turnover €39.2m, 55.1 FTE, total assets €64.4m+ Sector Education (NACE 85)Show the evidence
Checked score
Score 2025
91
/ 100
Excellent
Probability in this band: under 0.55%
Better than 30% of its sector peers (NACE 85, medium-sized)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Average
Solvency
78-1
equity 53.2% of total assets
Liquidity
54-2
short-term debt 14.5% · cash 5.3%
Profitability
39-3
return on assets 0.1%
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 17 months
06-2025: < 0.1%highest value
07-2025: < 0.1%● 0.0% vs 06-2025highest value
08-2025: < 0.1%● 0.0% vs 07-2025highest value
09-2025: < 0.1%● 0.0% vs 08-2025highest value
10-2025: < 0.1%● 0.0% vs 09-2025highest value
11-2025: < 0.1%● 0.0% vs 10-2025highest value
12-2025: < 0.1%● 0.0% vs 11-2025highest value
01-2026: < 0.1%● 0.0% vs 12-2025highest value
02-2026: < 0.1%● 0.0% vs 01-2026highest value
03-2026: < 0.1%● 0.0% vs 02-2026highest value
04-2026: < 0.1%▼ -3.1% vs 03-2026
05-2026: < 0.1%▼ -32.3% vs 04-2026lowest value
06-2026: < 0.1%● 0.0% vs 05-2026lowest value
07-2026: < 0.1%● 0.0% vs 06-2026lowest value
08-2026: < 0.1%● 0.0% vs 07-2026lowest value
09-2026: < 0.1%● 0.0% vs 08-2026lowest value
10-2026: < 0.1%● 0.0% vs 09-2026lowest value
- Legal form Non-profit association lowers the probability
- 1 of the last 3 late raises the probability
- Size: turnover €39.2m, 55.1 FTE, total assets €64.4m lowers the probability for this profile
- Sector Education (NACE 85) lowers the probability
Credit up to €3,100,000 at 30 days acceptable
Liquidity ample (current ratio 1.99 against 2.14 in 2024; short-term debt: 14.5% and cash: 5.3% of total assets), and 46.8% 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 85, medium-sized). Better than this share of them on solvency 38%, liquidity 35%, profitability 14%, growth against the median 35%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. 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+raises 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 22-04-2026, 100 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
100 d early
2024
214 d late
2023
107 d early
2022
97 d early
2021
95 d early
2020
93 d early
2019
94 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 53 days before the deadline; the sector median for financial year 2024 is 16 days before the deadline, and 32% 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 25 April (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Appointments: Archie Matthias, Seys François-Olivier and…State Gazette act
- Annual accounts filedfiscal year 2025 · abbreviated…
- Annual accounts filedfiscal year 2024 · abbreviated…
Key points
- Caution: Result fell in 2025from €316,771 to €66,528 ▼ 79.0% View
- Positive: Among the best 5% on equitysector median €486,969 · 753 companies €34.3m View
- Positive: 7 years of growth in a rowturnover 2025: €39.2m 7 years View
- New directorslatest change 27-03-2026 · 26 in office 4 joined View
- Flemish supportawarded 2022 - 2025 €105,184 View
By topic
Board & ownership
- Board
- 26 members
- Auditor
- EY Bedrijfsrevisoren
Go to Board & ownership
Network & group
- Holdings
- 1
- Connected companies
- 74
- Mergers and contributions
- 1
1 holding
Timeline
- Events
- 51
- Since
- 2006
- Next accounts
- by 31-07-2027
- 02-06-2026Appointments: Archie Matthias, Seys François-Olivier and DANNEELS…
- 22-04-2026Annual accounts filed
- 02-03-2026Annual accounts filed
Company details
- Sites
- 9
- Legal form
- Non-profit association
- Activity
- EducationNACE 85402
- Founded
- 23-03-1995
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 1
- Purpose
- De vereniging heeft als belangeloos doel het organiseren van hoger onderwijs in de ruime…
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