Turnover
The micro format states no turnover.
The micro format states no turnover.
In July 2024, 10,904 companies had the same profile as Audaco has now. Each dot stands for 28 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 10,904 companies, not a prediction for Audaco. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| Audaco Leuven | €148,842 | €17,063 | 60.2% | - |
| Les Disques du Viaduc Thuin | €147,505 | €18,501 | 86.3% | - |
| Profit and Fun Ghent | €126,404 | €19,462 | 79.8% | - |
| Fabienne RELY Ans | €128,422 | €15,072 | 81.0% | - |
| K-realli Lasne | €167,897 | €18,288 | 91.9% | - |
| AGATAAL Mortsel | €116,890 | €15,666 | 34.3% | - |
| StudiJo50 Zaventem | €115,416 | €21,906 | 77.4% | - |
These companies have the same main activity as Audaco: other education (NACE 85599). They are comparable in size and age: total assets between €115,000 and €168,000, founded between 2007 and 2011.
Audaco has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €89,585 and a net result of €1,099.
Its solvency ranks better than 64% of 2,612 sector peers (NACE 85, financial year 2025).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €63,000. Estimated: probably between €42,000 and €130,000.
Higher than 64% of 2,612 companies in 2025.
Higher than 61% of 2,481 companies in 2025.
Higher than 31% of 2,510 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: top quarter
| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
148,842 | |
21/28 |
5,609 | |
22/27 |
5,609 | |
23 |
2,895 | |
24 |
2,714 | |
29/58 |
143,233 | |
3 |
6,936 | |
30/36 |
6,936 | |
40/41 |
128,060 | |
40 |
26,629 | |
41 |
101,431 | |
54/58 |
7,962 | |
490/1 |
275 | |
| Balance sheet: equity and liabilities | ||
10/49 |
148,842 | |
10/15 |
89,585 | |
10/11 |
500 | |
13 |
89,085 | |
133 |
89,085 | |
17/49 |
59,256 | |
42/48 |
59,256 | |
43 |
3,700 | |
430/8 |
3,700 | |
44 |
18,906 | |
440/4 |
18,906 | |
45 |
17,010 | |
450/3 |
13,760 | |
454/9 |
3,250 | |
47/48 |
19,640 | |
| Income statement | ||
9900 |
17,063 | |
630 |
7,500 | |
640/8 |
2,067 | |
9901 |
7,496 | |
75/76B |
28 | |
75 |
28 | |
65/66B |
2,705 | |
65 |
2,705 | |
9903 |
4,820 | |
67/77 |
3,720 | |
9904 |
1,099 | |
9905 |
1,099 | |
| Appropriation of the result | ||
9906 |
1,099 | |
791/2 |
17,374 | |
691/2 |
1,099 | |
6921 |
1,099 | |
694/7 |
17,374 | |
694 |
17,374 | |
| Document | ||
The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 31-07-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 31-07-2026 | 2026-00376347 |
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €1,328 | €1,328 |
| 2022 | 1 | €3,600 | €3,600 |
| Line | Trend | 2025 |
|---|---|---|
| 14,997 | ||
| 8,600 | ||
| 1,258 | ||
| 83,977 | ||
| 60.2% | ||
| 2.42 | ||
| 2.30 | ||
| 0.66 | ||
| 1.2% | ||
| 0.7% | ||
| 5.54 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 |
|---|---|
| Tangible fixed assets | €1,258 |
| €7,500 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Debt's share of the balance-sheet total is 39.8%.
Audaco has no parent and no holdings in its annual accounts. is the only director. Audaco shares no director with another company.
| ALIUS
registered office since 06-05-2004 · founded in 2004 |
total assets €243,144 (2025) 0865.153.589 |
| Nys, Elias (sole trader)
establishment since 16-10-2020 |
founded in 2024 0756.694.228 |
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Oud-Heverleestraat 26 registered office 3001 Leuven | ||
| Klein Langeveld 65 3220 Holsbeek | 04-12-2018 | 2.282.664.475 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 24432H0030/00W004 | 1,109 m² | 1 · 167 m² | 8.3 m · 2 |
| 24043A0023/00Y011 | 822 m² | 1 · 118 m² | 10.5 m · 2 |
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