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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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
Zusters van de Heilige Vincentius van Kortemark from Kortemark, company number BE0410920209, closed financial year 2025 with a result of € -143,289 after tax. For that financial year Zusters van de Heilige Vincentius van Kortemark recorded a gross margin of € 248,179 and equity of € 7.5 million. Compared with financial year 2024, the result moved from € -643,487 to € -143,289. 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 May 1, 2026.
€ 7.5 million
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -143,289
▲ 78 % less loss than in 2024
Profit after tax over the fiscal year.
€ 407,847
▼ 21% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
7
▼ 1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 414,492
▼ 5% vs 2024
€ 59,200 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.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 14,323
▼ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 25,878
▲ 1% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -62,180 | € 152,926 | € -99,526 | € 248,179 | ▲ € 347,704 |
| Profit after taxes | € -526,602 | € -90,338 | € -643,487 | € -143,289 | ▲ € 500,198 |
| Equity | € 8,343,834 | € 8,253,495 | € 7,610,008 | € 7,466,719 | ▼ 2% |
| Total debts | € 47,924 | € 42,565 | € 43,627 | € 41,898 | ▼ 4% |
| Cash | € 483,784 | € 922,390 | € 515,077 | € 407,847 | ▼ 21% |
| Land & buildings | € 1,726,527 | € 1,497,890 | € 1,457,320 | € 1,416,751 | ▼ 3% |
| Retained profit | € 6,974,852 | € 6,884,513 | € 6,241,027 | € 6,097,738 | ▼ 2% |
| Balance sheet total | € 12,541,758 | € 12,446,060 | € 11,803,636 | € 11,658,617 | ▼ 1% |
| Employees (FTE) | 8 | 8 | 8 | 7 | ▼ 1 |
Key figures of Zusters van de Heilige Vincentius van Kortemark, 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 Zusters van de Heilige Vincentius van Kortemark?
What happened at Zusters van de Heilige Vincentius van Kortemark in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 143,289. Source: NBB ↗
- Annie Detavernier became a director. NBB
- Lutgarde Vercruysse became a director. NBB
- Denise Manhaeve became a director. NBB
- Magda Zoete became a director. NBB
- Rosa Verlinde became a director. NBB
- New establishment in Ichtegem. KBO
- New establishment in Kortemark. KBO
In short
From € 526,602 loss in 2022 to € 143,289 loss in 2025.
Paid € 188,386 in corporate taxes since 2022.
On average € 35,500 of value added per employee in 2025.
Management
Behind Zusters van de Heilige Vincentius van Kortemark are Annie Detavernier, Lutgarde Vercruysse, Denise Manhaeve, Magda Zoete and Rosa Verlinde. Lutgarde Vercruysse is also behind Camino Brugge. Magda Zoete is also behind Camino Brugge.
Directors
According to the 2025 annual accounts
Annie Detavernier
Chairman of the board
since 2026
since 2026
Denise Manhaeve
Director
since 2026
since 2026
Rosa Verlinde
Director
since 2026
Establishments
Establishment units
Physical locations of this company
Handzamestraat 16
8610 Kortemark
Aartrijkestraat(EER) 10
8480 Ichtegem
Active since 26 November 2021
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0410.920.209
- VAT number
- BE 0410.920.209
- Registered office
- Handzamestraat 16, 8610 Kortemark
- Names & denominations
- Zusters van de Heilige Vincentius van Kortemark
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 30 July 1922
- Peppol
- Not registered
- Activities · NACE
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