ASBL L'ENTREP'EAU
ActiveASBL L'ENTREP'EAU has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €340k and a net result of €4k. Equity is growing by ~2.6% per year across the filed fiscal years. Its solvency ranks better than 52% of 18016 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
87
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability31▼-8
Solvency80▼-1
Growth42▲+1
Stability100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 1.98 against 2.18 in 2024), but 63.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
36.7%
Return on assets
0.5%
Age of the figures
8 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-08-2026, 5 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
5 d late
2024
29 d late
2023
5 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€524k▼ 2.3%
2024 · €536k
2023: €561k
2024: €536k
2023 → 2025
EBIT margin
2.3%▼ 1.4pp
2024 · 3.7%
2023: 16.3%
2024: 3.7%
2023 → 2025
Net result
€4k▼ 67.6%
2024 · €13k
2023: €83k
2024: €13k
2023 → 2025
Working capital
€209k▼ 12.8%
2024 · €240k
2023: €255k
2024: €240k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Turnover€561k-€536k▼ 4.5%€524k▼ 2.3%
Equity€323k-€336k▲ 4.1%€340k▲ 1.3%
Operating result€91k-€20k▼ 78.2%€12k▼ 38.6%
Net result€83k-€13k▼ 84.2%€4k▼ 67.6%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 39% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €928k
Fixed assets
€505k▲ 8.5%
Current assets
€423k▼ 4.8%
Equity and liabilities €928k
Equity
€340k▲ 1.3%
Provisions
€49k=
Debt
€538k▲ 2.6%
The debt ratio rises from 57.7% to 58.0%: debt grows faster than equity.
Key figures and ratios
EBITDA
€62k▼
2024 · €65k
Cash flow
€54k▼
2024 · €58k
Solvency
36.7%▼
2024 · 36.9%
Current ratio
1.98▼
2024 · 2.18
Quick ratio
1.79▼
2024 · 1.96
Debt / equity
1.58▲
2024 · 1.56
ROE
1.2%▼
2024 · 3.9%
ROA
0.5%▼
2024 · 1.4%
Interest coverage
6.57▼
2024 · 7.40
Debt
€538k▲
2024 · €525k
Debt ≤ 1 year
€213k▲
2024 · €204k
Debt > 1 year
€325k▲
2024 · €320k
Staff costs
€668k▲
2024 · €661k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€910k€928k▲
Fixed assets21/28€466k€505k▲
Tangible fixed assets22/27€436k€470k▲
Land and buildings22€368k€408k▲
Plant, machinery and equipment23€10k€11k▲
Furniture and vehicles24€42k€44k▲
Leasing and similar rights25€17k€8k▼
Financial fixed assets28€30k€35k▲
Current assets29/58€444k€423k▼
Stocks and contracts in progress3€43k€42k▼
Stocks30/36€43k€42k▼
Amounts receivable within one year40/41€75k€143k▲
Trade receivables40€73k€138k▲
Other amounts receivable41€2k€5k▲
Current investments50/53€150k€0▼
Cash at bank and in hand54/58€158k€218k▲
Deferred charges and accrued income490/1€17k€20k▲
Equity and liabilities
Total equity and liabilities10/49€910k€928k▲
Equity10/15€336k€340k▲
Contributions10/11€65k€65k=
Capital10€65k€65k=
Profit (loss) carried forward14€271k€275k▲
Provisions and deferred taxes16€49k€49k=
Provisions for liabilities and charges160/5€49k€49k=
Environmental obligations163€49k€49k=
Amounts payable17/49€525k€538k▲
Amounts payable after more than one year17€320k€325k▲
Financial debts170/4€320k€325k▲
Amounts payable within one year42/48€204k€213k▲
Current portion of amounts payable after more than one year42€27k€36k▲
Trade debts44€18k€16k▼
Suppliers440/4€18k€16k▼
Advances received on contracts in progress46€4k€3k▼
Taxes, remuneration and social security45€155k€145k▼
Taxes450/3€21k€19k▼
Remuneration and social security454/9€134k€126k▼
Accrued charges and deferred income492/3€597€0▼
Income statement
Code20242025
Turnover70€536k€524k▼
Non-recurring operating income76A€1k€5k▲
Goods, raw materials, services and sundry goods60/61€121k€108k▼
Remuneration, social security and pensions62€661k€668k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€45k€49k▲
Other operating charges640/8€15k€20k▲
Non-recurring operating charges66A€4k€3▼
Gross operating margin9900€746k€750k▲
Operating profit (loss)9901€20k€12k▼
Financial income75/76B€2k€1k▼
Recurring financial income75€2k€1k▼
Financial charges65/66B€9k€9k▲
Recurring financial charges65€9k€9k▲
Profit (loss) for the period before taxes9903€13k€4k▼
Profit (loss) for the period9904€13k€4k▼
Profit (loss) for the period to be appropriated9905€13k€4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€271k€275k▲
Profit (loss) brought forward from the previous period14P€258k€271k▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-08
State Gazette act
Resignations & appointmentsGeneral meeting · Director appointment · Mandate compensation3 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director appointment · Mandate compensation3 facts ▸
- General meeting, 11/06/2026
- Director appointment, André Lefebvre (membre de l'organe d'administration)
- Mandate compensation, André Lefebvre
05-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 5 days late
2025
31-12
Financial
Weakest financial yearnet €4k ▼67.6%
Net result drops to €4k, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
05-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 5 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 directors, no change since 2026
André Lefebvre
CurrentMembre de l'organe d'administration · since 11-06-2026
11-06-2026
André Lefebvre: Appointed as Membre de l'organe d'administration
05-06-2025
Laurence COLIN: Resigned as Director
21-10-2021
MASSART Jean Benoît: Resigned as Director
26-05-2017
Frédéric SCHMITZ: Resigned as Director
26-05-2017
KINIF Joël: Resigned as Director
Location & real-estate footprint
Registered office, Bastogne · 1 establishment unit since 2014
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue de La-Roche 316600 BastogneGround area
1,504 m²
Building footprint
292 m²
Volume, LiDAR
1,660 m³
Parcel 82003E1520/00N000, Wallonia · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ASBL L'ENTREP'EAU
since 20142.237.111.493
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 82003E1520/00N000 | Wallonia | 1,504 m² | 1 · 292 m² | 9.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
WINFINITY
BE 0642.507.808
Tervuren · Eq €340k
MELI - MELODIE
BE 0446.700.044
Waterloo · Eq €328k
L'ENVOL, COLLECTIF D'ENTRAIDE ET DE REINSERTION DE BRAINE-LE-COMTE - ECAUSINNES - SOIGNIES
BE 0462.506.589
Soignies · Eq €327k
GDG RECYCLING
BE 0781.413.588
Berlare · Eq €354k
KADEGO
BE 0642.576.597
Huy · Eq €371k
Of 906 companies in sector 47793 we hold annual accounts for 160. 101 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formNon-profit association
Founded17-02-2014
Fiscal year end31-12
Activities, NACEBEL
47793Retail sale of other second-hand goods, excluding clothing
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.