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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Tight liquidity NBB
Cash and receivables cover 62 % of short-term debt in 2025; threshold 65 %.
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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
Zorgcampus Denderrust from Aalst, company number BE0419333572, closed financial year 2025 with a result of € 47,586 after tax. For that financial year Zorgcampus Denderrust recorded revenue of € 11.1 million and equity of € 8.5 million. Compared with financial year 2024, the result moved from € 152,817 to € 47,586. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 3, 2026.
€ 8.5 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 47,586
▼ 69% vs 2024
Profit after tax over the fiscal year.
€ 813,968
▼ 51% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
139.9
▲ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 10.4 million
▲ 4% vs 2024
€ 74,000 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.
€ 492,191
▲ 2% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 18.7 million
▲ 7% vs 2024
€ 1 million is repaid this year. At this pace the long-term loan is gone in ≈ 18 years.
€ 419,253
▼ 78% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 67 days on average.
€ 1.9 million
▲ 4% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 9,252,271 | € 10,208,198 | € 10,742,203 | € 11,135,834 | ▲ 4% |
| Profit after taxes | € 5,768 | € 169,798 | € 152,817 | € 47,586 | ▼ 69% |
| Equity | € 7,667,012 | € 7,835,357 | € 8,482,380 | € 8,526,706 | ▲ 1% |
| Total debts | € 12,619,933 | € 18,134,220 | € 21,704,564 | € 21,407,735 | ▼ 1% |
| Cash | € 2,153,329 | € 1,259,852 | € 1,668,852 | € 813,968 | ▼ 51% |
| Land & buildings | € 11,721,365 | € 19,653,919 | € 19,184,433 | € 26,154,430 | ▲ 36% |
| Retained profit | € 4,542,473 | € 4,712,271 | € 4,865,088 | € 4,912,674 | ▲ 1% |
| Bank debt | € 9,153,814 | € 15,323,938 | € 17,594,714 | € 18,738,745 | ▲ 7% |
| Balance sheet total | € 20,372,520 | € 26,063,517 | € 30,186,943 | € 29,934,441 | ▼ 1% |
| Employees (FTE) | 131.6 | 137.1 | 139.8 | 139.9 | ▲ 0.1 |
Key figures of Zorgcampus Denderrust, 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 Zorgcampus Denderrust?
What happened at Zorgcampus Denderrust in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Sven Vandendriessche stepped down as director. NBB
- Frank Staelens stepped down as director. NBB
- Erwin Herzeel stepped down as director. NBB
- Gielke Monsieur stepped down as director. NBB
- Franklin Vandendriessche stepped down as director. NBB
- Alfons Dierickx stepped down as director. NBB
- Michiels Kris stepped down as director. NBB
- Léon Marc stepped down as director. NBB
In short
From € 5,768 profit in 2022 to € 47,586 profit in 2025.
Best year ever: 2023, with € 169,798 profit.
Pays suppliers within 67 days on average.
Management
Behind Zorgcampus Denderrust is Freddy Horlez. Freddy Horlez is also behind DENDERRUST DIENSTENGROEP.
Directors
According to the 2025 annual accounts
Sven Vandendriessche
Director
Also active at: DENDERRUST DIENSTENGROEP, Care For Budget, Cura Home, VDD Consultancy, COMFY
since 2020 · until 2029
Frank Staelens
Director
Also active at: DENDERRUST DIENSTENGROEP, ONZE-LIEVE-VROUW MAAGD DER ARMEN, ORSI Academy
since 2020 · until 2029
since 2016 · until 2029
since 2021 · until 2029
since 1994 · until 2029
since 2006 · until 2029
since 2025 · until 2029
since 2025 · until 2029
Establishments
Establishment units
Physical locations of this company
Alfons De Cockstraat 12A
9310 Aalst
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0419.333.572
- VAT number
- BE 0419.333.572
- Registered office
- Alfons De Cockstraat 12A, 9310 Aalst
- Names & denominations
- Zorgcampus Denderrust
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 20 February 1979
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Rust- en verzorgingstehuizen (RVT)
Rusthuizen voor ouderen (ROB)
Activiteiten van dag- en dienstencentra voor ouderen