AURA
ActiveSummary
AURA has been active since 1981 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.2m and a net result of €71,470. Equity is growing by ~4.2% per year across the filed fiscal years. Its solvency ranks better than 83% of 693 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability75▼-5
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110,000 at 30 days acceptable
Liquidity ample (current ratio 4.51 against 5.54 in 2024; short-term debt: 18% and cash: 70% of total assets), and 18% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 85
Relative position
BE, all sectors
reference
Education (NACE 85)
about 77% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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
82%
Return on assets
4.8%
Age of the figures
9 mo
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 11-06-2026, 50 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
50 d early
2024
31 d early
2023
33 d early
2022
77 d early
2021
80 d early
2020
59 d early
2019
67 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 57 days before the deadline; the sector median for financial year 2024 is 16 days before the deadline, and 32% of the sector filed 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 11 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#2 oldest company in Kortrijk, Education sector#6 company by equity in Kortrijk, Education sector#9 company by total assets in Kortrijk, Education sector
Equity
€1.2m▲ 5.9%
2024 · €1.1m
Total assets
€1.5m▲ 2.1%
2024 · €1.4m
Net result
€71,470▼ 46.6%
2024 · €133,828
Working capital
€933,269▲ 1.0%
2024 · €923,662
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 85, Education, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€62,942▼ 8.4%-€21,958-€7,658▲ 65.1%€116,771€65,370▼ 44.0%
Net result€62,851within the sector's middle half▼ 8.3%-€22,922below the sector's middle half-€7,721below the sector's middle half▲ 66.3%€133,828within the sector's middle half€71,470within the sector's middle half▼ 46.6%
Equity€1.0mwithin the sector's middle half▲ 6.1%€1.0mwithin the sector's middle half▼ 2.4%€1.0mwithin the sector's middle half▼ 0.9%€1.1mwithin the sector's middle half▲ 14.0%€1.2mwithin the sector's middle half▲ 5.9%
Total assets€1.2mwithin the sector's middle half▲ 7.7%€1.3mwithin the sector's middle half▲ 6.3%€1.4mwithin the sector's middle half▲ 3.1%€1.4mwithin the sector's middle half▲ 7.2%€1.5mwithin the sector's middle half▲ 2.1%
Debt€193,909▲ 23.9%€296,830▲ 53.1%€346,344▲ 16.7%€303,011▼ 12.5%€265,719▼ 12.3%
Working capital€799,244within the sector's middle half▲ 2.4%€786,962within the sector's middle half▼ 1.5%€792,190within the sector's middle half▲ 0.7%€923,662within the sector's middle half▲ 16.6%€933,269within the sector's middle half▲ 1.0%
Solvency84.2%above the sector's middle half▼ 1.3pp77.4%above the sector's middle half▼ 6.8pp74.4%within the sector's middle half▼ 3.0pp79.1%above the sector's middle half▲ 4.7pp82.0%above the sector's middle half▲ 3.0pp
Current ratio5.16within the sector's middle half▼ 0.823.81within the sector's middle half▼ 1.353.92within the sector's middle half▲ 0.115.54within the sector's middle half▲ 1.624.51within the sector's middle half▼ 1.03
Return on assets (ROA)5.1%within the sector's middle half▼ 0.9pp-1.7%below the sector's middle half▼ 6.8pp-0.6%below the sector's middle half▲ 1.2pp9.2%above the sector's middle half▲ 9.8pp4.8%within the sector's middle half▼ 4.4pp
Staff (FTE)13.9within the sector's middle half▲ 14.9%15.7within the sector's middle half▲ 12.9%16within the sector's middle half▲ 1.9%14.6within the sector's middle half▼ 8.8%15.5within the sector's middle half▲ 6.2%
above
within
below
the middle half (P25 to P75) of NACE 85, Education, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 44% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.5m
Fixed assets
€279,061 ▼ 12.9%
Current assets
€1.2m ▲ 6.4%
Equity and liabilities €1.5m
Equity
€1.2m ▲ 5.9%
Debt
€265,719 ▼ 12.3%
Debt's share of the balance-sheet total falls from 20.9% to 18.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€106,537▼
2024 · €159,638
Cash flow
€112,637▼
2024 · €176,695
Debt to equity
0.22▼
2024 · 0.26
ROE
5.9%▼
2024 · 11.7%
Interest coverage
1056.29▼
2024 · 1767.47
Debt ≤ 1 year
€265,719▲
2024 · €203,456
Income taxes
-€201
Staff costs
€1.1m▲
2024 · €1.0m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 14,732 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.2%
went bankrupt
3.5%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.9% |
| 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 14,732 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €10,735 | €2,635 | €1,703 | €1,703 | - | - |
| Goods, raw materials, services and sundry goods60/61 | €74,385 | €168,136 | - | - | - | - |
| Remuneration, social security and pensions62 | €858,829 | €950,840 | €1.1m | €1.0m | €1.1m | ▲ 6.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €34,905 | €25,098 | €31,216 | €42,867 | €41,167 | ▼ 4.0% |
| Other operating charges640/8 | €12,718 | €20,196 | €15,651 | €15,962 | - | - |
| Non-recurring operating charges66A | €150 | - | - | - | - | - |
| Gross operating margin9900 | €969,544 | €974,176 | €1.1m | €1.2m | €1.2m | ▲ 0.2% |
| Operating profit (loss)9901 | €62,942 | -€21,958 | -€7,658 | €116,771 | €65,370 | ▼ 44.0% |
| Financial income75/76B | - | €0 | - | €17,148 | €6,000 | ▼ 65.0% |
| Recurring financial income75 | - | €0 | - | €17,148 | €6,000 | ▼ 65.0% |
| Financial charges65/66B | €91 | €964 | €63 | €90 | €101 | ▲ 11.7% |
| Recurring financial charges65 | €91 | €964 | €63 | €90 | €101 | ▲ 11.7% |
| Profit (loss) for the period before taxes9903 | €62,851 | -€22,922 | -€7,721 | €133,828 | €71,269 | ▼ 46.7% |
| Income taxes67/77 | - | - | - | - | -€201 | - |
| Profit (loss) for the period9904 | €62,851 | -€22,922 | -€7,721 | €133,828 | €71,470 | ▼ 46.6% |
| Profit (loss) for the period to be appropriated9905 | €62,851 | -€22,922 | -€7,721 | €133,828 | €71,470 | ▼ 46.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.2m | €1.3m | €1.4m | €1.4m | €1.5m | ▲ 2.1% |
| Fixed assets21/28 | €242,050 | €243,669 | €287,247 | €320,455 | €279,061 | ▼ 12.9% |
| Tangible fixed assets22/27 | €242,050 | €243,669 | €287,247 | €320,455 | €279,061 | ▼ 12.9% |
| Land and buildings22 | €238,042 | €238,564 | €282,996 | €289,021 | €256,004 | ▼ 11.4% |
| Plant, machinery and equipment23 | €2,209 | €3,506 | €3,169 | €3,367 | €1,231 | ▼ 63.4% |
| Furniture and vehicles24 | €1,799 | €1,599 | €1,083 | €28,068 | €21,826 | ▼ 22.2% |
| Current assets29/58 | €991,278 | €1.1m | €1.1m | €1.1m | €1.2m | ▲ 6.4% |
| Amounts receivable within one year40/41 | €157,958 | €195,998 | €245,018 | €167,082 | €159,106 | ▼ 4.8% |
| Trade receivables40 | €61,711 | €6,627 | €14,294 | €9,072 | €16,786 | ▲ 85.0% |
| Other amounts receivable41 | €96,247 | €189,371 | €230,725 | €158,009 | €142,320 | ▼ 9.9% |
| Current investments50/53 | - | - | €500,000 | - | - | - |
| Cash at bank and in hand54/58 | €833,320 | €871,024 | €318,516 | €960,037 | €1.0m | ▲ 7.8% |
| Deferred charges and accrued income490/1 | - | - | - | - | €5,254 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.2m | €1.3m | €1.4m | €1.4m | €1.5m | ▲ 2.1% |
| Equity10/15 | €1.0m | €1.0m | €1.0m | €1.1m | €1.2m | ▲ 5.9% |
| Reserves13 | €895,610 | €872,687 | €864,967 | €998,795 | €1.1m | ▲ 7.2% |
| Investment grants15 | €142,877 | €141,174 | €139,471 | €145,767 | €142,064 | ▼ 2.5% |
| Provisions and deferred taxes16 | €932 | - | - | - | - | - |
| Provisions for liabilities and charges160/5 | €932 | - | - | - | - | - |
| Major repairs and maintenance162 | €932 | - | - | - | - | - |
| Amounts payable17/49 | €193,909 | €296,830 | €346,344 | €303,011 | €265,719 | ▼ 12.3% |
| Amounts payable within one year42/48 | €192,034 | €280,061 | €271,344 | €203,456 | €265,719 | ▲ 30.6% |
| Trade debts44 | €93,319 | €180,395 | €167,876 | €105,600 | €151,484 | ▲ 43.5% |
| Suppliers440/4 | €93,319 | €180,395 | €167,876 | €105,600 | €151,484 | ▲ 43.5% |
| Taxes, remuneration and social security45 | €98,155 | €99,666 | €103,468 | €97,837 | €114,235 | ▲ 16.8% |
| Remuneration and social security454/9 | €98,155 | €99,666 | €103,468 | €97,837 | €114,235 | ▲ 16.8% |
| Accrued charges and deferred income492/3 | €1,875 | €16,770 | €75,000 | €99,555 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €62,851 | -€22,922 | -€7,721 | €133,828 | €71,470 | ▼ 46.6% |
| + Depreciation and write-downs630 | €34,905 | €25,098 | €31,216 | €42,867 | €41,167 | ▼ 4.0% |
| Operating cash flow (approximation) | €97,756 | €2,175 | €23,495 | €176,695 | €112,637 | ▼ 36.3% |
| Investment in fixed assets (approximation) | - | -€26,717 | -€74,794 | -€76,075 | €228 | ▲ 100% |
| Change in cash | - | €37,704 | -€552,509 | €641,521 | €74,591 | ▼ 88.4% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
11-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
09-06
State Gazette act
Resignation: Martine Degadt (director)2 facts ▸
State Gazette act
Resignation: Martine Degadt (director)
2 facts ▸
- General meeting, 05-05-2026
- Director resignation, Martine Degadt (director)
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €133,828
Net result €133,828 after 2 loss-making years.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
15-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet -€22,922
Net result drops to -€22,922, the lowest in the series; recovery starts the following year.
12-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €1mEq €1.0m ▲6.1%
4 profitable years in a row build equity to €1.0m.
02-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
25-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
22-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
22-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 8 acts read
About the unread acts
Of the 8 Belgian State Gazette acts we know for this company, 1 has been read. The other 7 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
no sitting director, last change in 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Not every act has been read: a resignation may be missing here
7 of this company's 8 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Kortrijk · 1 establishment unit since 2006
Ground area
1.1 ha
Building footprint
1,546 m²
Volume, LiDAR
16,086 m³
Parcel 34016C0615/00E003, Flanders · tallest building 22.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Jongerenbegeleiding
since 20062.155.718.892
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34016C0615/00E003 | Flanders | 1.1 ha | 1 · 1,546 m² | 22.8 m · 3 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.
Mandate history
1 person since 2026, 0 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Martine Degadt |
|
Public money · subsidies and aid
Flemish government
2022 to 2025 · 11 entries · 4,262,136 EUR awarded · 4,153,073 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 1,073,180 EUR | 1,096,470 EUR |
| 2024 | 2 | 1,068,187 EUR | 1,150,573 EUR |
| 2023 | 3 | 1,113,953 EUR | 1,053,219 EUR |
| 2022 | 4 | 1,006,816 EUR | 852,811 EUR |
Schemes
Show 1 more
Recognitions · licences · registrations
Care and welfare
1 serviceAURA
Quality registration as a provider
1 live approvalQuality registration as a provider
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Of 3,021 companies in sector 85592 we hold annual accounts for 991. 448 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formNon-profit association
Founded11-05-1981
Fiscal year end31-12
Activities, NACEBEL 2025
85592Vocational training
E-invoicing
Reachable via Peppol
Peppol ID
0208:0421899421
Also
9925:BE0421899421
Registered
30-01-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.