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1515

Active
Private limited company (pre-2019)founded 199927 yrs activeAvenue Mathieu 35, 6600 Bastogne, BelgiumKBO/BCE: BE 0466.182.295
Summary

1515 has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €46,009 and a net result of €3,102. Equity is growing by ~4.9% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.8% (low).

Overview

What they do
Activity not known1 site
How big
€52,838total assets 2025
Equity
€46,009
Profit
€3,102
Financially healthy?
86 Excellent Checked score 2025
Bankruptcy chance 12 m
0.8%
Who decides
Accounts on time0 of 3 deeds read
Why 86- No NACE activity registered- Higher-failure-rate region+ Long track record+ Annual accounts: healthy financial profileLatest accounts filed on timeShow the evidence

Checked score

Score 2025
Axes · tick = 2024
Profitability76=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days acceptable
Liquidity ample (current ratio 8.13 against 10.2 in 2024; short-term debt: 6.6% and cash: 39% of total assets), and 12.9% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 27 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
87.1%
Return on assets
5.9%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
36 d late
2023
15 d late
2022
49 d late
2021
5 d early
2020
31 d late
2019
24 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 21 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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 16 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Highest result since 2018net €3,102 ▲20.1%
  3. Annual accounts filedfiscal year 2024 · micro…

Financials

Fiscal year 2025Total assets €52,838Profit €3,102Solvency 87.1%Liquidity 8.13
Total assets
€52,838▲ 18.4%
2018 - 2025
Net result
€3,102▲ 20.1%
2018 - 2025
Equity
€46,009▲ 7.2%
2018 - 2025
Solvency
87.1%▼ 9.0pp
2018 - 2025

Financials · fiscal year 2025, micro schema

Trend over the years8 fiscal years
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€2,088▼ 0.4%€3,272▲ 56.7%€3,456▲ 5.6%€3,949▲ 14.3%€4,723▲ 19.6%
Net result€991▼ 2.4%€2,276▲ 130%€2,211▼ 2.9%€2,582▲ 16.8%€3,102▲ 20.1%
Equity€35,837▲ 2.8%€38,113▲ 6.4%€40,324▲ 5.8%€42,907▲ 6.4%€46,009▲ 7.2%
Total assets€36,742▼ 1.6%€41,843▲ 13.9%€44,789▲ 7.0%€44,639▼ 0.3%€52,838▲ 18.4%
Debt€905▼ 63.9%€3,730▲ 312%€4,465▲ 19.7%€1,732▼ 61.2%€6,830▲ 294%
Working capital€4,178€6,320▲ 51.3%€11,910▲ 88.4%€15,936▲ 33.8%€24,801▲ 55.6%
Result and balance sheet2025
Result per fiscal year
Operating resultNet result
€0€2,000€4,000Operating result 2021: €2,088€2,088Net result 2021: €991€991Operating result 2022: €3,272€3,272Net result 2022: €2,276€2,276Operating result 2023: €3,456€3,456Net result 2023: €2,211€2,211Operating result 2024: €3,949€3,949Net result 2024: €2,582€2,582Operating result 2025: €4,723€4,723Net result 2025: €3,102€3,10220212022202320242025€0€2,000€4,000Operating result 2023: €3,456€3,460Net result 2023: €2,211€2,210Operating result 2024: €3,949€3,950Net result 2024: €2,582€2,580Operating result 2025: €4,723€4,720Net result 2025: €3,102€3,100202320242025
The operating result has risen four years in a row; 2025 is 20% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €52,838
Fixed assets €24,560 ▼ 8.9%
Current assets €28,278 ▲ 60.1%
Equity and liabilities €52,838
Equity €46,009 ▲ 7.2%
Debt €6,830 ▲ 294%
Debt's share of the balance-sheet total rises from 3.9% to 12.9%. Equity and debt are higher.
Key figures and ratios2025
Key figures and ratios
2025 value · change against 2024
EBITDA
€7,134▲
2024 · €6,245
Cash flow
€5,513▲
2024 · €4,878
Current ratio
8.13▼
2024 · 10.20
Debt to equity
0.15▲
2024 · 0.04
ROE
6.7%▲
2024 · 6.0%
ROA
5.9%▲
2024 · 5.8%
Interest coverage
141.36▲
2024 · 138.74
Debt ≤ 1 year
€3,477▲
2024 · €1,732
Income taxes
€1,571▲
2024 · €1,322
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 31,371 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.5% went bankrupt
5.9% stopped otherwise
93% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 0.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 31,371 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Filed annual accountsfiscal year 2025
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet Code20242025
Assets
Total assets20/58€44,639€52,838▲
Fixed assets21/28€26,971€24,560▼
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€26,971€24,560▼
Land and buildings22€25,047€22,882▼
Plant, machinery and equipment23€1,924€1,678▼
Current assets29/58€17,667€28,278▲
Amounts receivable after more than one year29€800€800=
Trade receivables290€800€800=
Amounts receivable within one year40/41€3,110€4,000▲
Trade receivables40€3,110€4,000▲
Cash at bank and in hand54/58€12,811€20,581▲
Deferred charges and accrued income490/1€947€2,897▲
Equity and liabilities
Total equity and liabilities10/49€44,639€52,838▲
Equity10/15€42,907€46,009▲
Contributions10/11€14,386€14,386=
Reserves13€19,058€22,160▲
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Distributable reserves133€17,198€20,300▲
Profit (loss) carried forward14€9,462€9,462=
Amounts payable17/49€1,732€6,830▲
Amounts payable within one year42/48€1,732€3,477▲
Trade debts44€410€584▲
Suppliers440/4€410€584▲
Taxes, remuneration and social security45€1,322€2,893▲
Taxes450/3-€2,893
Remuneration and social security454/9€1,322€0▼
Accrued charges and deferred income492/3-€3,353
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,296€2,411▲
Other operating charges640/8€1,644€2,095▲
Gross operating margin9900€7,889€9,230▲
Operating profit (loss)9901€3,949€4,723▲
Financial charges65/66B€45€50▲
Recurring financial charges65€45€50▲
Profit (loss) for the period before taxes9903€3,904€4,673▲
Income taxes67/77€1,322€1,571▲
Profit (loss) for the period9904€2,582€3,102▲
Profit (loss) for the period to be appropriated9905€2,582€3,102▲
Appropriation of the result
Profit (loss) to be appropriated9906€12,045€12,564▲
Profit (loss) brought forward from the previous period14P€9,462€9,462=
Transfer to equity691/2€2,582€3,102▲
To other reserves6921€2,582€3,102▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,367€2,322€2,526€2,296€2,411▲ 5.0%
Other operating charges640/8€1,460€1,481€1,623€1,644€2,095▲ 27.5%
Gross operating margin9900€6,915€7,075€7,605€7,889€9,230▲ 17.0%
Operating profit (loss)9901€2,088€3,272€3,456€3,949€4,723▲ 19.6%
Financial charges65/66B€598€45€45€45€50▲ 12.1%
Recurring financial charges65€598€45€45€45€50▲ 12.1%
Profit (loss) for the period before taxes9903€1,490€3,227€3,411€3,904€4,673▲ 19.7%
Income taxes67/77€499€951€1,200€1,322€1,571▲ 18.9%
Profit (loss) for the period9904€991€2,276€2,211€2,582€3,102▲ 20.1%
Profit (loss) for the period to be appropriated9905€991€2,276€2,211€2,582€3,102▲ 20.1%
Line20212022202320242025Change
Assets
Total assets20/58€36,742€41,843€44,789€44,639€52,838▲ 18.4%
Formation expenses20€0-----
Fixed assets21/28€31,659€31,793€29,267€26,971€24,560▼ 8.9%
Intangible fixed assets21€0€0-€0€0-
Tangible fixed assets22/27€31,659€31,793€29,267€26,971€24,560▼ 8.9%
Land and buildings22€31,544€29,378€27,213€25,047€22,882▼ 8.6%
Plant, machinery and equipment23€115€2,415€2,054€1,924€1,678▼ 12.8%
Current assets29/58€5,083€10,050€15,522€17,667€28,278▲ 60.1%
Amounts receivable after more than one year29€800€800€800€800€800=
Trade receivables290€0€800€800€800€800=
Other amounts receivable291€800-----
Amounts receivable within one year40/41€1,382€1,596€2,093€3,110€4,000▲ 28.6%
Trade receivables40€1,382€1,596€2,093€3,110€4,000▲ 28.6%
Cash at bank and in hand54/58€2,901€7,654€12,629€12,811€20,581▲ 60.7%
Deferred charges and accrued income490/1---€947€2,897▲ 206%
Equity and liabilities
Total equity and liabilities10/49€36,742€41,843€44,789€44,639€52,838▲ 18.4%
Equity10/15€35,837€38,113€40,324€42,907€46,009▲ 7.2%
Contributions10/11€14,386€14,386€14,386€14,386€14,386=
Reserves13€11,989€14,265€16,476€19,058€22,160▲ 16.3%
Non-distributable reserves130/1€1,860€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860€1,860€1,860€1,860=
Distributable reserves133€10,129€12,405€14,616€17,198€20,300▲ 18.0%
Profit (loss) carried forward14€9,462€9,462€9,462€9,462€9,462=
Amounts payable17/49€905€3,730€4,465€1,732€6,830▲ 294%
Amounts payable within one year42/48€905€3,730€3,612€1,732€3,477▲ 101%
Trade debts44-€2,828€2,458€410€584▲ 42.5%
Suppliers440/4-€2,828-€410€584▲ 42.5%
Bills of exchange payable441--€2,458---
Taxes, remuneration and social security45€905€902€1,154€1,322€2,893▲ 119%
Taxes450/3€905€902--€2,893-
Remuneration and social security454/9--€1,154€1,322€0▼ 100%
Accrued charges and deferred income492/3--€853-€3,353-
Line20212022202320242025Change
Profit (loss) for the period9904€991€2,276€2,211€2,582€3,102▲ 20.1%
+ Depreciation and write-downs630€3,367€2,322€2,526€2,296€2,411▲ 5.0%
Operating cash flow (approximation)€4,358€4,598€4,737€4,878€5,513▲ 13.0%
Investment in fixed assets (approximation)--€2,456€0€0€0▼ 100%
Change in cash-€4,753€4,975€182€7,771▲ 4,176%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline

15 eventsLatest 31-07-2026Next filing 31-07-2027

History

1515 was incorporated on 3 June 1999.1 Total assets rose from €45,217 in 2018 to €52,838 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Highest result since 2018net €3,102 ▲20.1%
Operating result €4,723, net result €3,102, both a record.
05-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 36 days late
2024
31-12
Financial Liquidity doublescurrent ratio 10.20
Current ratio from 4.30 to 10.20; short-term debt falls from €3,612 to €1,732.
15-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 15 days late
2023
18-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 49 days late
2022
26-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Liquidity times 6current ratio 5.62
Current ratio from 0.93 to 5.62; short-term debt falls from €2,510 to €905.
31-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial Back to profitnet €1,015
Net result €1,015 after one loss-making year.
24-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 24 days late
2019
31-12
Financial Weakest financial yearnet -€205
Net result drops to -€205, the lowest in the series; recovery starts the following year.
Show earlier events
20-08
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 20 days late
2018
28-08
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 28 days late
2017
28-09
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 59 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Company details

Private limited company (pre-2019) · founded 03-06-1999Year ends 31-12Peppol not found1 site

Register details

Identification
Legal formPrivate limited company (pre-2019)
Founded03-06-1999
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Sites & property

Location & real-estate footprint
Registered office, Bastogne · 1 establishment unit since 2000
seat establishment The establishment unit on the map
Ground area
766 m²
Building footprint
269 m²
Volume, LiDAR
3,948 m³
Parcel 82003E1110/00M004, Wallonia · tallest building 17.3 m, ±5 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
Avenue Mathieu 35, 6600 Bastogne
Insurance, reinsurance and pension funding, except compulsory social security
since 2000unit no. 2.094.040.849
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
82003E1110/00M004 Wallonia 766 m² 1 · 269 m² 17.3 m · 5 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

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