EDUplus

Active

Non-profit associationfounded 200323 yrs active's Gravenstraat 195, 9810 Nazareth-De Pinte, BelgiumKBO/BCE: BE 0852.074.724

EDUplus has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €435k. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 19% of 470 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is < 0.1% (very low).

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Checked score

Score 2024

68 / 100

Healthy▼ -8 vs 2023

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability-

Solvency47▼-43

Growth35▼-20

Stability100

Bankruptcy probability, 12 months

< 0.1% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €30k at 30 days acceptable

Liquidity tight (current ratio 1.32 against 1.86 in 2023), and 73.7% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 94

Relative position

BE, all sectors

reference

Sector 94

lower

← fewer bankruptcies more bankruptcies →

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

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 470 sector peers (2024).

NBB · sector comparison

Position among 470 sector peers

Solvency

better than 19%

← weakest strongest →

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-09-2025, 35 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 3 filings

Deviation from the deadline

2025

not confirmed

2024

35 d late

2023

147 d early

2022

142 d late

← before the deadline after the deadline →

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

Financials · fiscal year 2024, abbreviated schema

Equity

€435k=

2023 · €435k

2022: €435k 2023: €435k

2022 → 2024

Total assets

€1.65M▲ 81.3%

2023 · €913k

2022: €702k 2023: €913k

2022 → 2024

Net result

Not included in this filing

Working capital

€392k▼ 4.8%

2023 · €412k

2022: €399k 2023: €412k

2022 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line202220232024Trend

Equity€435k-€435k=€435k=

Operating result€6k-€538▼ 90.4%€3k▲ 394%

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Result per fiscal year

Operating result

The operating result recovers in 2024; 2024 is 394% above 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €1.65M

97.4%

Fixed assets €43k▲ 84.5%

Current assets €1.61M▲ 81.2%

Equity and liabilities €1.65M

26.3%

73.7%

Equity €435k=

Debt €1.22M▲ 155%

The debt ratio rises from 52.3% to 73.7%: debt grows faster than equity.

Key figures and ratios

2024 value · change against 2023

EBITDA

€15k▲

2023 · €13k

Solvency

26.3%▼

2023 · 47.7%

Current ratio

1.32▼

2023 · 1.86

Quick ratio

1.32▼

2023 · 1.86

Debt / equity

2.80▲

2023 · 1.10

Interest coverage

46.26▲

2023 · 29.64

Debt

€1.22M▲

2023 · €477k

Debt ≤ 1 year

€1.22M▲

2023 · €477k

Income taxes

€2k▲

2023 · €87

Staff costs

€1.09M▲

2023 · €1.02M

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€913k€1.65M▲

Fixed assets21/28€23k€43k▲

Tangible fixed assets22/27€23k€43k▲

Plant, machinery and equipment23-€11k

Furniture and vehicles24€23k€32k▲

Financial fixed assets28€124€124▼

Current assets29/58€889k€1.61M▲

Amounts receivable within one year40/41€126k€312k▲

Trade receivables40€15k€47k▲

Other amounts receivable41€111k€265k▲

Cash at bank and in hand54/58€755k€1.29M▲

Deferred charges and accrued income490/1€9k€8k▼

Equity and liabilities

Total equity and liabilities10/49€913k€1.65M▲

Equity10/15€435k€435k=

Contributions10/11€435k€435k=

Capital10€435k€435k=

Amounts payable17/49€477k€1.22M▲

Amounts payable within one year42/48€477k€1.22M▲

Trade debts44€245k€196k▼

Suppliers440/4€245k€196k▼

Taxes, remuneration and social security45€174k€123k▼

Taxes450/3€44k€2k▼

Remuneration and social security454/9€129k€120k▼

Income statement Code20232024

Remuneration, social security and pensions62€1.02M€1.09M▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€13k▲

Gross operating margin9900€1.03M€1.10M▲

Operating profit (loss)9901€538€3k▲

Financial income75/76B€0€17▲

Recurring financial income75€0€17▲

Financial charges65/66B€451€335▼

Recurring financial charges65€451€335▼

Profit (loss) for the period before taxes9903€87€2k▲

Income taxes67/77€87€2k▲

Social balance

Average headcount (FTE)90879.89.8=

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 4Gazette 1Filings 3

2026

08-09

State Gazette act General meeting · Director resignation

General meeting · Director resignation · Director appointment12 facts ▸

General meeting, 2025-10-17
Director resignation, Kurt Van Huylenbrouck (bestuurder)
Director appointment, Yves Heirman (bestuurder)
Board meeting, 2025-10-17
Director resignation, Kurt Van Huylenbrouck (lid dagelijks bestuur)
General meeting, 2026-06-30
Director resignation, Alain Detemmerman (bestuurder)
Director appointment, Filip Feusels (bestuurder)
Mandate compensation, Filip Feusels
Board meeting, 2026-06-30
Director resignation, Alain Detemmerman (voorzitter bestuursorgaan)
Director appointment, Filip Feusels (voorzitter bestuursorgaan)

2025

04-09

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema · 35 days late

2024

06-03

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema

2023

20-12

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema · 142 days late

State Gazette actNBB filing

Directors · office · real estate

Directors

4 directors, no change since 2026

Filip Feusels

Voorzitter bestuursorgaan · since 30-06-2026

Current

Yves Heirman

Director · since 17-10-2025

Current

30-06-2026 Filip Feusels: Appointed as Voorzitter bestuursorgaan

30-06-2026 Filip Feusels: Appointed as Director

30-06-2026 Alain Detemmerman: Resigned as Director

30-06-2026 Alain Detemmerman: Resigned as Voorzitter bestuursorgaan

17-10-2025 Yves Heirman: Appointed as Director

09-09-2025 Kurt Van Huylenbrouck: Resigned as Director

09-09-2025 Kurt Van Huylenbrouck: Resigned as Lid dagelijks bestuur

Location & real-estate footprint

Registered office, Nazareth-De Pinte · 1 establishment unit since 2007

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

's Gravenstraat 1959810 Nazareth-De Pinte

Ground area

1,246 m²

Building footprint

170 m²

Volume, LiDAR

1,097 m³

Parcel 44048G0013/00Z000, Flanders · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

EDU+ VZW

's Gravenstraat 195, 9810 Nazareth-De PinteEducation

since 20072.160.448.039

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
44048G0013/00Z000	Flanders	1,246 m²	1 · 170 m²	7.4 m · 2 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 5 entries · 1,404,530 EUR awarded · 881,660 EUR paid

Year	Entries	awarded	paid
2025	2	357,961 EUR	407,848 EUR
2024	1	-7,186 EUR	93,882 EUR
2023	1	800,308 EUR	345,930 EUR
2022	1	253,447 EUR	34,000 EUR

Schemes

Sectorconvenants

5 entries · 1,404,530 EUR · 881,660 EUR paid · Departement Werk en Sociale Economie

Recognitions · licences · registrations

Quality registration as a provider

1 live approval

Quality registration as a provider

Toegekend · valid until 2026-09-27

Similar companies · same sector, comparable size

VLAAMS PATIENTENPLATFORM

Sint-Joost-ten-Node · Eq €399k

Stichting Brandwonden - Fondation des brûlés

BE 0428.886.389

Affligem · Eq €498k

Of 441 companies in sector 94992 we hold annual accounts for 137. 98 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formNon-profit association

Founded17-01-2003

Fiscal year end31-12

Activities, NACEBEL

94992Activities of membership organisations

Sources

Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.