Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 29 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Huize Sint-Elisabeth from Turnhout, company number BE0409479659, closed financial year 2025 with a result of € -26,255 after tax. For that financial year Huize Sint-Elisabeth recorded a gross margin of € 2.4 million and equity of € 6.3 million. Compared with financial year 2024, the result moved from € -78,276 to € -26,255. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 14, 2026.
€ 6.3 million
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -26,255
▲ 66 % less loss than in 2024
Profit after tax over the fiscal year.
€ 208,325
▼ 6% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
29.6
Average over the fiscal year, from the social balance sheet.
€ 2 million
▲ 8% vs 2024
€ 66,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 121,586
▼ 17% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3 million
▼ 6% vs 2024
€ 205,571 is repaid this year. At this pace the long-term loan is gone in ≈ 14 years.
€ 57,767
▼ 25% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 318,927
▼ 1% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 1,863,352 | - | - | - | |
| Gross margin | € 2,032,959 | € 2,233,289 | € 2,198,870 | € 2,382,413 | ▲ 8% |
| Profit after taxes | € 61,683 | € 122,126 | € -78,276 | € -26,255 | ▲ € 52,021 |
| Equity | € 7,028,434 | € 6,910,560 | € 6,592,284 | € 6,326,029 | ▼ 4% |
| Total debts | € 4,982,458 | € 4,825,006 | € 4,595,287 | € 4,376,640 | ▼ 5% |
| Cash | € 455,415 | € 372,316 | € 221,134 | € 208,325 | ▼ 6% |
| Land & buildings | € 11,057,629 | € 10,743,725 | € 10,386,846 | € 10,029,968 | ▼ 3% |
| Retained profit | € 1,188,434 | € 1,310,560 | € 1,232,284 | € 1,206,029 | ▼ 2% |
| Bank debt | € 3,572,131 | € 3,368,953 | € 3,164,983 | € 2,960,216 | ▼ 6% |
| Balance sheet total | € 12,010,892 | € 11,735,566 | € 11,187,571 | € 10,702,668 | ▼ 4% |
| Employees (FTE) | - | 28.1 | 29.6 | 29.6 |
Key figures of Huize Sint-Elisabeth, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Huize Sint-Elisabeth?
What happened at Huize Sint-Elisabeth in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Jos Michielsen stepped down as director. NBB
- Joannes Van den Brandt stepped down as director. NBB
- Jan Goelen stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 26,255. Source: NBB ↗
- Jos Michielsen became a director. NBB
- Joannes Van den Brandt became a director. NBB
- Jan Goelen became a director. NBB
- Koen Vermeiren became a director. NBB
In short
From € 61,683 profit in 2022 to € 26,255 loss in 2025.
Paid € 6,283 in corporate taxes since 2022.
Best year ever: 2023, with € 122,126 profit.
On average € 80,500 of value added per employee in 2025.
Management
Behind Huize Sint-Elisabeth is Koen Vermeiren.
Directors
According to the 2025 annual accounts
Koen Vermeiren
Dagelijks bestuur
since 2008
since 2022 · until 2027
since 2022 · until 2027
since 2022 · until 2027
Establishments
Establishment units
Physical locations of this company
Herentalsstraat 64
2300 Turnhout
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
GOOGLE-CLOUD-PLATFORM - Google LLC, US
Domain
Domain
sintelisabeth.be
Registered
2013-08-12
Website info
Features
Security
Details
- Company number
- 0409.479.659
- VAT number
- BE 0409.479.659
- Registered office
- Herentalsstraat 64, 2300 Turnhout
- Names & denominations
- Huize Sint-Elisabeth
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 5 April 1961
- Peppol
- Active · Active since 21 Oct 2026
- Contact
- sintelisabeth.be 014 / 41 41 58
- Activities · NACE
Rust- en verzorgingstehuizen (RVT)