Skip to content

D Y Patil ABS

Active Non-profit associationfounded 2011active for 15 yearsKontichsesteenweg 40, 2630 AartselaarKBO/BCE: BE 0835.511.181 #9 company by staff growth in the province of Antwerp, Education sector

Lifetime

14 annual accounts with figures on one time axis
peak €2.7m (2024)
€2.6m▼ 1.9%
lowest -€235,633 (2022)
€352,852▼ 7.8%
peak €413,109 (2019)
€392,111▲ 83.8%
€948,461▲ 11.4%
peak 35.5 FTE (2024)
35.4 FTE▼ 0.3%
Board5 names since 2012
2 directorsPatil Ajinkya and 1 other
Documentsfilings and deeds
29-09-2026241 days late
2025financial year
Equity from €213,369 to €392,111

Key points

from the 2025 annual accounts

Equity

€392,111 ▲ 83.8%
€213,0002024€392,0002025

Equity rose in 2025 from €213,369 to €392,111.

Turnover

≈ €4.5m estimated

The accounts state no turnover.

Debts

€948,461 71% of the balance sheet
Financial debts 22%Suppliers 39%Taxes and wages 38%Other 2%

Of this, €734,543 falls due within a year.

Staff

43 employees on 30-06-2025
32332021646320227271202490882025

In 2025, 90 people joined and 88 left.

Filings

14 annual accounts 241 days
deadline201520202025

Latest accounts filed late: after the legal deadline.

Position in the sector

€352,852

Higher net result than 92% of companies in education. Sector median €11,310 · 587 companies.

Checked score

56
Fair
Financially stronger than 57% of small companies in education (NACE 85)
Probability in this band: 1.5% to 4.2%

A confirmed filing finding caps the score at 59.

Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: < 0.1% across 623 companies (NACE 85, small).

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

Last 24 months 12-2024: 0.6%highest value 01-2025: 0.2%▼ -0.4 percentage points vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.3%▲ +0.1 percentage points vs 02-2025 04-2025: 0.1%▼ -0.2 percentage points 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 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.2%▲ +0.1 percentage points vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.3%▲ +0.1 percentage points vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.4%▲ +0.1 percentage points vs 06-2026 08-2026: 0.4%● unchanged vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.1%▼ -0.3 percentage points vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

54+9equity 29.2% of total assets
33+16short-term debt 54.8% · cash 8.8%
100=return on assets 26.3%

Score breakdown

raises risk
Capped at 59: a confirmed filing finding
Last filed accounts filed 242 days late; 3 of the last 3 accounts late
Size: 35.4 FTE, total assets €1.3m
lowers risk
Legal form: non-profit association
Founded in 2011
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, small). It does better than 27% of them on solvency, 7% on liquidity, 99% on profitability and 96% on growth.

The bankruptcy probability was computed on 06-11-2026 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.

The probability rests on the annual accounts with balance sheet date 30-06-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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).

Comparable companies, two years later

In July 2024, 2,609 companies had the same profile as D Y Patil ABS has now. Each dot stands for 7 companies, two years later.

96.8%
were still trading
2.1%
stopped another way
1.0%
went bankrupt
  • Small
  • 10 to 20 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of D Y Patil ABS itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 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.

The companies in ten equal groups, from the lowest to the 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% 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 2,609 companies, not a prediction for D Y Patil ABS. 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.

Credit verdict

Credit of up to €21,000 on 30-day terms, only on tighter conditions: the latest accounts were filed more than 90 days after the deadline

Liquidity is ample, with a current ratio of 1.67 (1.11 in 2024), above the usual 1.5. Short-term debt is 54.8% and cash 8.8% of total assets. However, 70.8% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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.

Signals

Five signals.
lowers riskraises risk
lowers risk · Legal form: non-profit association
KBO
raises risk · Last filed accounts filed 242 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · Size: 35.4 FTE, total assets €1.3m
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 2011
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 2025 accounts filed 241 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-09-2026, 241 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
241 days late
2024
51 days late
2023
323 days late
2022
242 days late
2021
154 days late
2020
59 days late
2019
599 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 238 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 financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 29 September (4 of the last 5 accounts filed within 87 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end07-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

PA
Patil Ajinkya
Director
SS
Shah Surbhi
Director
Board & ownership

Recent changes

Resignation: Wayne Johnson (director) Director discharge: Wayne Johnson · General meeting of 15-05-2025 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0835511181
2 directors appointed, 1 resignation Resignation: Jaipaul Singh · Appointments: Wayne Johnson and Sunil Reddy · General meeting of 08-09-2021 · Gazette deed
First establishment Kontichsesteenweg 40, Aartselaar
All 25 events

Comparable companies

same main activity, similar in size and age
Company
D Y Patil ABS Aartselaar - - 29.2% 35.4
International School Ghent Ghent - - 23.0% 16.5
British Junior Academy of Brussels Etterbeek - - 24.6% 49.8
International School of Leuven Leuven €892,418 10.8% 40.7% 8.5
VRIJE GESUBSIDIEERDE BASISSCHOOL TERKOEST Alken €19,854 99.3% 62.9% -
Vrije Rudolf Steinerschool Gent - De Teunisbloem Ghent - - 71.8% -
ONDERWIJS KINDSHEID JESU SCHOTEN Schoten €406,367 29.3% 63.5% -

These companies have their main activity in the same NACE class as D Y Patil ABS: education (NACE 8520). With exactly the same main activity (NACE 85209), too few companies are of comparable size. They are comparable in size and age: total assets between €1.6m and €5.5m, founded between 2004 and 2014.

Official details

Source: KBO
Status
Active since 25-03-2011Normal situation
Activity
EducationNACE 85209
Establishment unit
2.200.635.0402630 Aartselaar, since 01-09-2011
Financial year end
30 June
Peppol
Reachable since 09-10-2025
Company details

Annual accounts to 30-06-2025

€1.3m▲ 25.9%
Employeeson 30-06-2025
43▲ 4.9%
Filing
Filed on 29-09-2026
Financials

Insights on D Y Patil ABS

D Y Patil ABS has existed since 2011. The gross margin grew from €1.5m in 2012 to €2.6m in 2025.

Solvency rose in 2025 from 20.0% to 29.2% because of the retained profit.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about D Y Patil ABS

What is the company number of D Y Patil ABS?
The company number of D Y Patil ABS is 0835.511.181. The VAT number is the same number with BE in front: BE 0835.511.181.
Where is D Y Patil ABS based?
The registered office is at Kontichsesteenweg 40, 2630 Aartselaar.Company details
What does D Y Patil ABS do?
According to the KBO register, the main activity is education (NACE 85209).
What is the legal form of D Y Patil ABS?
D Y Patil ABS is a non-profit association (VZW).
When was D Y Patil ABS founded?
D Y Patil ABS was founded on 25-03-2011.
Is D Y Patil ABS still active?
Yes, D Y Patil ABS is an active enterprise in the KBO register.
How many employees does D Y Patil ABS have?
D Y Patil ABS had an average of 35.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of D Y Patil ABS?
The turnover in financial year 2025 is ≈ €4.5m. This figure is estimated from the gross margin of €2.6m and 1,586 comparable companies of the same size. It probably lies between €3.1m and €7.5m. It is a rough estimate. In financial year 2022 turnover was €2.7m.
Is D Y Patil ABS profitable?
In financial year 2025, D Y Patil ABS made a profit of €352,852.
Where can I find the annual accounts of D Y Patil ABS?
D Y Patil ABS filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of D Y Patil ABS due?
D Y Patil ABS must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

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