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COLLEGE SAINT-MICHEL

Active
Non-profit associationfounded 1992active for 33 yearsFaubourg de Charleroi 15, 6041 Charleroi, BelgiumKBO/BCE: BE 0449.420.992
Summary

COLLEGE SAINT-MICHEL has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.0m and a net result of €158,185. Equity has been growing by about 14% per year since 2018. Its solvency ranks better than 85% of 839 sector peers (NACE 85, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 14-12-1992 Normal situation
Activity
Education NACE 85314
Joint committees
152 Paritair Comité voor de gesubsidieerde inrichtingen van het vrij onderwijs
225 Paritair Comité voor de bedienden van de inrichtingen van het gesubsidieerd vrij onderwijs · annual accounts 2025
Establishment unit
2.167.066.607 6041 Charleroi, since 01-01-2007
Financial year end
31 December
Peppol
Reachable since 20-11-2025

Board and ownership

Auditor
Audicia Audit & Conseil

Financial position

96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Turnover
€309,728
▲ 9.8%
Operating revenue
€7.6m
▲ 1.3%
Surplus
€158,185
▼ 31.6%
Equity
€4.0m
▲ 79.0%
Total assets
€4.8m
▲ 68.6%
Staff
6.7 FTE
▲ 8.1%
Score breakdownraises riskLiquidity: current ratio 2.71, cash €144,753, halvedSize: turnover €309,728, 6.7 FTE, total assets €4.8m1 of the last 3 accounts latelowers riskLegal form: non-profit associationShow the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 67% of micro companies in education (NACE 85)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 83.1% of total assets
Liquidity 54-24
short-term debt 5.0% · cash 3.0%
Profitability 82-4
return on assets 3.3%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (3,822 companies, NACE 85, micro)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025lowest value 08-2025: < 0.1%● unchanged vs 07-2025lowest value 09-2025: < 0.1%● unchanged vs 08-2025lowest value 10-2025: < 0.1%● unchanged vs 09-2025lowest value 11-2025: < 0.1%● unchanged vs 10-2025lowest value 12-2025: < 0.1%● unchanged vs 11-2025lowest value 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026lowest value 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026highest value 08-2026: < 0.1%● unchanged vs 07-2026highest value 09-2026: < 0.1%● unchanged vs 08-2026highest value 10-2026: < 0.1%● unchanged vs 09-2026highest value 11-2026: < 0.1%● unchanged vs 10-2026highest value
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.71 (4.57 in 2024), above the usual 1.5. Short-term debt is 5% and cash 3% of total assets. 16.9% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 85, micro). It does better than 88% of them on solvency, 40% on liquidity, 63% on profitability and 77% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Legal form: non-profit association
KBO
raises risk · Liquidity: current ratio 2.71, cash €144,753, halved
NBB · annual accounts
raises risk · Size: turnover €309,728, 6.7 FTE, total assets €4.8m
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 1 of the last 3 accounts late
NBB · filings
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 05-06-2026, 56 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
56 days early
2024
50 days early
2023
55 days late
2022
40 days late
2021
113 days late
2020
187 days late
2019
132 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 60 days after the deadline. In the sector (NACE 85), the median for financial year 2024 was 16 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 9 September (4 of the last 5 accounts filed within 90 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Equity rose in 2025from €2.2m to €4.0m ▲ 79.0% View
  • Positive: 10th largest company by equity in Charleroi, Education sectorin the Checked rankings No. 10 View
  • Positive: 4 years of growth in a rowturnover 2025: €309,728 4 years View
  • Wallonia-Brussels supportpaid from 2021 to 2025 €4.2m View

Recent changes

  1. · Gazette deed Appointment: Céline PEETERBROECK (director)Reappointments: Philippe BACLIN, Sophie BELLOTTO and 5 others
  2. · Gazette deed Resignation: Audrey CASTERMAN (director)
  3. · Gazette deed Appointment: Audicia Audit & Conseil (statutory auditor)Permanent representative: Philippe BERIOT · Reappointment: Philippe BERRACHED (director)
All 18 events

Comparable companies

These companies have the same main activity as COLLEGE SAINT-MICHEL: education (NACE 85314). They are comparable in size and age: total assets between €4m and €5.4m, founded between 1984 and 1997.

CompanyTotal assetsTurnover
COLLEGE SAINT-MICHEL Charleroi€4.8m€0.3m
SAINT - QUIRIN Huy€5.4m€0.4m
Institut du Sacré-Coeur de Mouscron Mouscron€5.2m€0.5m
CENTRE SCOLAIRE DON BOSCO - ST CHARLES Tournai€4.8m€0.2m
Institut Saint - Francois Xavier Verviers€4.9m€0.3m
Centre Scolaire Saint-Remacle de Stavelot ASBL Stavelot€4.3m€0.2m
Collège Saint-Louis Liège Liège€4.0m€0.4m
Full comparison

Key facts about COLLEGE SAINT-MICHEL

What is the company number of COLLEGE SAINT-MICHEL?
The company number of COLLEGE SAINT-MICHEL is 0449.420.992. The VAT number is the same number with BE in front: BE 0449.420.992.
Where is COLLEGE SAINT-MICHEL based?
The registered office is at Faubourg de Charleroi 15, 6041 Charleroi.Company details
What does COLLEGE SAINT-MICHEL do?
According to the KBO register, the main activity is education (NACE 85314).
What is the legal form of COLLEGE SAINT-MICHEL?
The legal form of COLLEGE SAINT-MICHEL is Non-profit association (VZW).
When was COLLEGE SAINT-MICHEL founded?
COLLEGE SAINT-MICHEL was founded on 14-12-1992.
Is COLLEGE SAINT-MICHEL still active?
Yes, COLLEGE SAINT-MICHEL is an active enterprise in the KBO register.
How many employees does COLLEGE SAINT-MICHEL have?
COLLEGE SAINT-MICHEL had an average of 6.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does COLLEGE SAINT-MICHEL fall under?
In its 2025 annual accounts, COLLEGE SAINT-MICHEL states joint committees 152 (Paritair Comité voor de gesubsidieerde inrichtingen van het vrij onderwijs) and 225 (Paritair Comité voor de bedienden van de inrichtingen van het gesubsidieerd vrij onderwijs).
What is the turnover of COLLEGE SAINT-MICHEL?
The turnover of COLLEGE SAINT-MICHEL was €309,728 in financial year 2025, according to the filed annual accounts.
Is COLLEGE SAINT-MICHEL profitable?
In financial year 2025, COLLEGE SAINT-MICHEL made a profit of €158,185.
Where can I find the annual accounts of COLLEGE SAINT-MICHEL?
COLLEGE SAINT-MICHEL filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of COLLEGE SAINT-MICHEL due?
COLLEGE SAINT-MICHEL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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