Skip to content

COLLEGE

Active
Private limited company (pre-2019)founded 198343 yrs activeRue du Collège 15, 5000 Namur, BelgiumKBO/BCE: BE 0423.754.002
Summary

The computed 12-month bankruptcy probability of COLLEGE is 1.6% (moderate). The 2025 annual accounts show negative equity (-€3,535) and a net result of -€429. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability3▲+3
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
Credit check for your own amount and term

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

Signals

Six 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Age of the figures
Age of the figures
9 mo
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 43 years 0 50 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
18192022232425
2018 to 2025 · latest year -€3,535
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-08-2026, 6 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
6 d late
2024
on the day
2023
1 d early
2022
on the day
2020
50 d early
2019
103 d late
2018
117 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 25 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 31 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 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

History

COLLEGE was incorporated on 15 February 1983.1 Total assets fell from EUR 18,936 in 2018 to EUR 3,100 in 2025.2

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

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, micro schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€429▲ 38.1%
2024 · -€693
Working capital
-€720▼ 147%
2024 · -€292
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202022202320242025
Operating result-€8,550▼ 51.8%€24,413--€669-€429▲ 35.9%
Net result-€8,642▼ 49.2%€24,313--€130-€693▼ 434%-€429▲ 38.1%
Equity€2,489▼ 77.6%-€5,284--€5,414▼ 2.5%-€3,107▲ 42.6%-€3,535▼ 13.8%
Total assets€16,072▼ 4.8%€3,276-€3,279▲ 0.1%€3,100▼ 5.5%€3,100=
Debt€13,583▲ 136%€5,745-€5,878▲ 2.3%€3,392▼ 42.3%€3,820▲ 12.6%
Working capital€2,489▼ 76.8%-€2,469--€2,599▼ 5.3%-€292▲ 88.8%-€720▼ 147%
Result per fiscal year
Operating resultNet result
-€10,000€0€10,000€20,000Operating result 2020: -€8,550-€8,550Net result 2020: -€8,642-€8,642Operating result 2022: €24,413€24,413Net result 2022: €24,313€24,313Net result 2023: -€130-€130Operating result 2024: -€669-€669Net result 2024: -€693-€693Operating result 2025: -€429-€429Net result 2025: -€429-€42920202022202320242025-€800-€600-€400-€200€0Net result 2023: -€130-€130Operating result 2024: -€669-€669Net result 2024: -€693-€693Operating result 2025: -€429-€429Net result 2025: -€429-€429202320242025
The operating result stays negative: a loss of €429 in 2025 against €669 in 2024; the loss shrinks.
Key figures and ratios
2025 value · change against 2024
Debt ≤ 1 year
€3,820▲
2024 · €3,392
Ratios withheld: a balance sheet total of €3,100 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,622 companies that looked in July 2024 the way this one looks now, 4.6% went bankrupt within 24 months and 84% are still going.

  • Micro
  • 20 years or older
  • negative equity
  • a loss of 10% of the balance sheet or more
4.6% went bankrupt
10.0% stopped otherwise
84% still going

A further 1.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.6% 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%.

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% 1.9%
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 6,622 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 26 lines
Balance sheet Code20242025
Assets
Total assets20/58€3,100€3,100=
Current assets29/58€3,100€3,100=
Amounts receivable within one year40/41€3,100€3,100=
Other amounts receivable41€3,100€3,100=
Equity and liabilities
Total equity and liabilities10/49€3,100€3,100=
Equity10/15-€3,107-€3,535▼
Contributions10/11€20,451€20,451=
Profit (loss) carried forward14€8,442€8,013▼
Advance to shareholders on the distribution of net assets19€32,000€32,000=
Provisions and deferred taxes16€2,815€2,815=
Provisions for liabilities and charges160/5€2,815€2,815=
Pensions and similar obligations160€2,815€2,815=
Amounts payable17/49€3,392€3,820▲
Amounts payable within one year42/48€3,392€3,820▲
Taxes, remuneration and social security45€3,100€3,100=
Taxes450/3€3,100€3,100=
Other amounts payable47/48€292€720▲
Income statement Code20242025
Gross operating margin9900-€669-€429▲
Operating profit (loss)9901-€669-€429▲
Financial charges65/66B€24-
Recurring financial charges65€24-
Profit (loss) for the period before taxes9903-€693-€429▲
Profit (loss) for the period9904-€693-€429▲
Profit (loss) for the period to be appropriated9905-€693-€429▲
Appropriation of the result
Profit (loss) to be appropriated9906€8,442€8,013▼
Profit (loss) brought forward from the previous period14P€9,135€8,442▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€410-----
Other operating charges640/8-€301----
Gross operating margin9900-€7,749€24,714--€669-€429▲ 35.9%
Operating profit (loss)9901-€8,550€24,413--€669-€429▲ 35.9%
Financial charges65/66B-€100€130€24--
Recurring financial charges65€92€100€130€24--
Profit (loss) for the period before taxes9903-€8,642€24,313-€130-€693-€429▲ 38.1%
Profit (loss) for the period9904-€8,642€24,313-€130-€693-€429▲ 38.1%
Profit (loss) for the period to be appropriated9905-€8,642€24,313-€130-€693-€429▲ 38.1%
Line20202022202320242025Change
Assets
Total assets20/58€16,072€3,276€3,279€3,100€3,100=
Current assets29/58€16,072€3,276€3,279€3,100€3,100=
Stocks and contracts in progress3€7,650-----
Amounts receivable within one year40/41€5,371€3,275€3,275€3,100€3,100=
Other amounts receivable41-€3,275€3,275€3,100€3,100=
Cash at bank and in hand54/58€2,047€1€4---
Equity and liabilities
Total equity and liabilities10/49€16,072€3,276€3,279€3,100€3,100=
Equity10/15€2,489-€5,284-€5,414-€3,107-€3,535▼ 13.8%
Contributions10/11€18,592€18,592€20,451€20,451€20,451=
Reserves13€1,859€1,859----
Non-distributable reserves130/1-€1,859----
Reserves not available under the articles1311-€1,859----
Profit (loss) carried forward14-€17,963€9,265€9,135€8,442€8,013▼ 5.1%
Advance to shareholders on the distribution of net assets19-€35,000€35,000€32,000€32,000=
Provisions and deferred taxes16-€2,815€2,815€2,815€2,815=
Provisions for liabilities and charges160/5-€2,815€2,815€2,815€2,815=
Pensions and similar obligations160-€2,815€2,815€2,815€2,815=
Amounts payable17/49€13,583€5,745€5,878€3,392€3,820▲ 12.6%
Amounts payable within one year42/48€13,583€5,745€5,878€3,392€3,820▲ 12.6%
Trade debts44€8,575-----
Taxes, remuneration and social security45-€3,275€3,275€3,100€3,100=
Taxes450/3-€3,275€3,275€3,100€3,100=
Other amounts payable47/48-€2,470€2,603€292€720▲ 147%
Line20202022202320242025Change
Profit (loss) for the period9904-€8,642€24,313-€130-€693-€429▲ 38.1%
+ Depreciation and write-downs630€410-----
Operating cash flow (approximation)-€8,232€24,313-€130-€693-€429▲ 38.1%
Change in cash--€3---

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 · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
06-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 6 days late
2025
31-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Back to profitnet €24,313
Net result €24,313 after 2 loss-making years.
2021
11-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Weakest financial yearnet -€8,642
Net result drops to -€8,642, the lowest in the series; recovery starts the following year.
11-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 103 days late
2019
25-11
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 117 days late
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
29-09
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 60 days late
2016
19-05
NBB filing Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
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.
Location & real-estate footprint
Registered office, Namur · 1 establishment unit since 1983
seat establishment The establishment unit on the map
Ground area
100 m²
Building footprint
46 m²
Volume, LiDAR
587 m³
Parcel 92094C1068/00A000, Wallonia · tallest building 19.0 m, ±5 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Rue du Collège 15, 5000 Namur
NACE 5530101
since 19832.021.994.197
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
92094C1068/00A000
ProtectedMonument
Wallonia 100 m² 1 · 46 m² 19.0 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded15-02-1983
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 29 September 2026 · Peppol Directory

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