Skip to content

ENCHANTÉ

Active
Non-profit associationfounded 20178 yrs activeNieuwewandeling 62, 9000 Gent, BelgiumKBO/BCE: BE 0686.620.537
Summary

ENCHANTÉ has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €136,045 and a net result of -€21,789. Equity is shrinking by ~16% per year across the filed fiscal years. Its solvency ranks better than 20% of 303 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Overview

Activity
Other membership organisations
NACE 94999
1 site
Size
€549,880total assets 2025
Staff
7.4 FTE
Equity
€136,045
Loss
-€21,789
Turnover not published (abridged schema)
Financial health
91 Excellent Checked score 2025
Bankruptcy chance 12 m
< 0.1%
Structure
Board
4 members
Accounts 87 d early1 of 10 deeds read
Why 91- 1 change of registered office in 24 months+ Legal form Non-profit association+ Sector Activities of membership organisations (NACE 94)+ Liquidity: current ratio 6.07, cash €197,665Show the evidence

Checked score

Score 2025
91 / 100
Excellent
Probability in this band: under 0.55%
Better than 30% of its sector peers (NACE 94, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Average
Solvency 50+3
equity 24.7% of total assets
Liquidity 92-7
short-term debt 15.4% · cash 35.9%
Profitability 14=
return on assets -4.0%
Bankruptcy probability, 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% (1,211 companies)
Last 24 months 11-2024: < 0.1%lowest value 12-2024: < 0.1%● 0.0% vs 11-2024lowest value 01-2025: < 0.1%▲ +42.9% vs 12-2024 02-2025: < 0.1%● 0.0% vs 01-2025 03-2025: < 0.1%▲ +5.0% vs 02-2025 04-2025: < 0.1%▲ +9.5% vs 03-2025 05-2025: < 0.1%▼ -4.3% vs 04-2025 06-2025: < 0.1%▲ +9.1% vs 05-2025 07-2025: < 0.1%▼ -4.2% vs 06-2025 08-2025: < 0.1%● 0.0% vs 07-2025 09-2025: < 0.1%● 0.0% vs 08-2025 10-2025: < 0.1%● 0.0% vs 09-2025 11-2025: < 0.1%● 0.0% vs 10-2025 12-2025: < 0.1%● 0.0% vs 11-2025 01-2026: < 0.1%● 0.0% vs 12-2025 02-2026: < 0.1%● 0.0% vs 01-2026 03-2026: < 0.1%▲ +4.3% vs 02-2026 04-2026: < 0.1%▲ +8.3% vs 03-2026highest value 05-2026: < 0.1%● 0.0% vs 04-2026highest value 06-2026: < 0.1%▼ -7.7% vs 05-2026 07-2026: < 0.1%● 0.0% vs 06-2026 08-2026: < 0.1%● 0.0% vs 07-2026 09-2026: < 0.1%● 0.0% vs 08-2026 10-2026: < 0.1%● 0.0% vs 09-2026
  • Legal form Non-profit association lowers the probability
  • Sector Activities of membership organisations (NACE 94) lowers the probability
  • Liquidity: current ratio 6.07, cash €197,665 lowers the probability
  • 1 change of registered office in 24 months raises the probability
Credit up to €12,000 at 30 days acceptable
Liquidity ample (current ratio 6.07 against 8.54 in 2024; short-term debt: 15.4% and cash: 35.9% of total assets), but 75.3% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 94, micro). Better than this share of them on solvency 20%, liquidity 62%, profitability 22%, growth against the median 15%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

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

Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Legal form Non-profit association
In the bankruptcy model this factor lowers the probability.
KBO
lowers risk · Sector Activities of membership organisations (NACE 94)
In the bankruptcy model this factor lowers the probability.
KBO
lowers risk · Liquidity: current ratio 6.07, cash €197,665
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
232425
2023 to 2025 · latest year -€21,789
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 303 sector peers (2025).
NBB · sector comparison
Position among 303 sector peers
Solvency
better than 20%
← weakest strongest →
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 05-05-2026, 87 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
87 d early
2024
34 d early
2023
47 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 56 days before the deadline; the sector median for financial year 2024 is 29 days before the deadline, and 25% 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 15 June (3 of the last 3 filed years within 41 days of that day).
Companies Code · seven months
Position in the running window
03-10-2026 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
  1. Resignations: VAN LIPPEVELDE Wendy (director) and…Appointments: DELANGHE Eline, SIOEN Isabelle…
  2. Annual accounts filedfiscal year 2025 · abbreviated…
  3. Annual accounts filedfiscal year 2024 · abbreviated…

Key points

  • Risk: 3 loss-making years in a rowloss fiscal year 2025 -€21,789 View
  • Caution: Among the weakest 11% on equitysector median €1.6m · 304 companies €136,045 View
  • Board changedlatest change 10-07-2026 · 4 in office 4 joined · 2 left View
  • Flemish supportawarded 2022 - 2025 €1.1m View

By topic

Financials

Fiscal year
2025
Total assets
€549,880
Loss
-€21,789
Solvency
24.7%
Total assets▼ 23.3%
Net result
20232025
Go to Financials

Timeline

Events
4
Since
2024
Next accounts
by 31-07-2027
  1. 10-07-2026Resignations: VAN LIPPEVELDE Wendy (director) and MODDERIE…
  2. 05-05-2026Annual accounts filed
  3. 27-06-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Non-profit association
Activity
Other membership organisationsNACE 94999
Founded
23-11-2017
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

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