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Enseignement secondaire Saint-Barthélemy

Active Non-profit associationfounded 1993active for 33 yearsRue Hors-Château 31, 4000 LiègeKBO/BCE: BE 0449.788.901 #7 company by equity in Liège, Education sector

Lifetime

18 annual accounts with figures on one time axis, 19 filings since 2006
peak €8.3m (2025)
€8.3m▲ 12.5%
peak €353,546 (2022)
€346,167▲ 12.3%
peak €6.5m (2025)
€6.5m▲ 10.8%
€1.7m▲ 19.6%
peak 12 FTE (2024)
11.2 FTE▼ 6.7%
Board12 names since 2020
6 directorsLuc Tonon and 5 others
Documentsfilings and deeds
11-05-202681 days before the deadline
2025abbreviated format
Debts from €1.5m to €1.7mInvestments €1.6m

Key points

from the 2025 annual accounts

Equity

€6.5m ▲ 10.8%

Enseignement secondaire Saint-Barthélemy has made a profit in every financial year since 2007.

Investments

€1.7m 4.3 × depreciation
20212022202320242025

Green is investment, beige is depreciation.

Staff

14 employees on 31-12-2025
191820211314202219202023232220249112025

In 2025, 9 people joined and 11 left.

Payment terms

110 days to suppliers
Suppliers
112 to 110
Customers
932 to 509

Enseignement secondaire Saint-Barthélemy pays its suppliers 2 days earlier than in 2024. Customers pay 423 days earlier.

Filings

19 annual accounts since 2006
AprilJune31 JulyOctober2010201520202025

Seven of the last ten came late. The 2020 accounts came latest: 457 days after the end of the period.

Public support

€7.1m paid from 2021 to 2025
20212022202320242025

Wallonia-Brussels support, mostly Subventions forfaitaires - Enseignement de plein exercice.

Checked score

97
Excellent
Financially stronger than 76% of small companies in education (NACE 85)
Probability in this band: under 0.55%
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: < 0.1% 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 06-2025 08-2025: < 0.1%● unchanged vs 07-2025highest value 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: < 0.1%● unchanged vs 01-2026 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 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

100=equity 79.0% of total assets
83-7short-term debt 5.6% · cash 26.2%
83=return on assets 4.2%

Score breakdown

lowers risk
Legal form: non-profit association
Liquidity: current ratio 7.48, cash €2.2m
Equity €6.5m (79.0% of total assets)
Founded in 1993
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 89% of them on solvency, 80% on liquidity, 88% on profitability and 46% on growth.

The bankruptcy probability was computed on 07-11-2026 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 31-12-2025.

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, 14,766 companies had the same profile as Enseignement secondaire Saint-Barthélemy has now. Each dot stands for 37 companies, two years later.

96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of Enseignement secondaire Saint-Barthélemy 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 14,766 companies, not a prediction for Enseignement secondaire Saint-Barthélemy. 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 €7,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 7.48 (8.12 in 2024), above the usual 1.5. Short-term debt is 5.6% and cash 26.2% of total assets. 21% of the assets are financed with debt and provisions.

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

Signals

5 signals, none raises the risk
Five signals.
lowers riskneutral
lowers risk · Legal form: non-profit association
KBO
lowers risk · Liquidity: current ratio 7.48, cash €2.2m
NBB · annual accounts
lowers risk · Equity €6.5m (79.0% of total assets)
NBB · annual accounts
lowers risk · Founded in 1993
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
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 11-05-2026, 81 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
81 days early
2024
11 days late
2023
85 days late
2022
21 days early
2021
95 days late
2020
457 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 97 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 11 August (4 of the last 5 accounts filed within 84 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
08-11-2026 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

Board and ownership

BF
Daily manager
DL
Daily manager
UC
Daily manager
AM
Director
AB
Director
LA
Auditor, Essaheli
and 4 othersBoard & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0449788901
Appointment: Libra-Audit & Assurance (company auditor) General meeting of 14-01-2026 · Gazette deed
10 directors appointed, 2 resignations Appointments: Libra-Audit & Assurance (company auditor), Annie Boutefeu, Michel Collard, Anne Martin, Jacques Mulleneers, Luc Tonon and 4 others · Resignations: Monique Quivy and Jacques Salée · General meeting of 27-04-2023 · Gazette deed
Transfer: CERCLE CATHOLIQUE DE BUEREN transfers a universality to ENSEIGNEMENT SECONDAIRE SAINT-BARTHELEMY General meeting of 13-02-2023 · Gazette deed
All 30 events

Comparable companies

same main activity, similar in size and age
Company
Enseignement secondaire Saint-Barthélemy Liège €78,492 - 79.0% 11.2
Centre scolaire libre de Waremme Waremme €93,205 - 40.2% 14.7
ENSEIGNEMENT SPECIALISE LES CASTORS REUNIS Ans €121,247 - 81.4% 5.1
Centre éducatif de la Sainte-Union Tournai €53,721 - 91.0% 6.6
ENSEIGNEMENT SECONDAIRE DIOCESAIN SAINT-ROCH THEUX ET SPA Theux - - 46.5% 7.8
Centre Scolaire Saint-Lambert Herstal €33,233 - 51.6% 6.2
ASBL, POUVOIR ORGANISATEUR CENTRE ENSEIGNEMENT SECONDAIRE CATHOLIQUE HABAY-LA-NEUVE Habay - - 71.6% 17.9

These companies have the same main activity as Enseignement secondaire Saint-Barthélemy: education (NACE 85314). They are comparable in size and age: total assets between €6m and €11m, founded between 1980 and 1988.

Official details

Source: KBO
Status
Active since 02-02-1993Normal situation
Activity
EducationNACE 85314
Joint committees
152Subsidised private schools
225White-collar workers in subsidised private schools · annual accounts 2024
Establishment units
2.167.176.7704000 Liège, since 01-01-2007
2.169.306.9114000 Liège, since 01-01-2007
Financial year end
31 December
Peppol
Reachable since 03-09-2026
Company details

Annual accounts 2025

€12.5m▲ 4.6%
€8.3m▲ 12.5%
Employeeson 31-12-2025
14▼ 12.5%
Filing
Filed on 11-05-2026, 81 days before the end of the filing period
Financials

Insights on Enseignement secondaire Saint-Barthélemy

Enseignement secondaire Saint-Barthélemy files the abbreviated format. That format states no turnover. The gross margin rose from €5.4m in 2007 to €8.3m in 2025.

In June 2023, the Official Gazette published the appointment of Benoît Fouarge as managing director.

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 Enseignement secondaire Saint-Barthélemy

What is the company number of Enseignement secondaire Saint-Barthélemy?
The company number of Enseignement secondaire Saint-Barthélemy is 0449.788.901. The VAT number is the same number with BE in front: BE 0449.788.901.
Where is Enseignement secondaire Saint-Barthélemy based?
The registered office is at Rue Hors-Château 31, 4000 Liège.Company details
What does Enseignement secondaire Saint-Barthélemy do?
According to the KBO register, the main activity is education (NACE 85314).
What is the legal form of Enseignement secondaire Saint-Barthélemy?
Enseignement secondaire Saint-Barthélemy is a non-profit association (VZW).
When was Enseignement secondaire Saint-Barthélemy founded?
Enseignement secondaire Saint-Barthélemy was founded on 02-02-1993.
Is Enseignement secondaire Saint-Barthélemy still active?
Yes, Enseignement secondaire Saint-Barthélemy is an active enterprise in the KBO register.
How many employees does Enseignement secondaire Saint-Barthélemy have?
Enseignement secondaire Saint-Barthélemy had an average of 11.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Enseignement secondaire Saint-Barthélemy fall under?
In its 2024 annual accounts, Enseignement secondaire Saint-Barthélemy states joint committees 152 (Subsidised private schools) and 225 (White-collar workers in subsidised private schools).
What is the turnover of Enseignement secondaire Saint-Barthélemy?
The turnover of Enseignement secondaire Saint-Barthélemy was €78,492 in financial year 2025, according to the filed annual accounts.
Is Enseignement secondaire Saint-Barthélemy profitable?
In financial year 2025, Enseignement secondaire Saint-Barthélemy made a profit of €346,167.
Where can I find the annual accounts of Enseignement secondaire Saint-Barthélemy?
Enseignement secondaire Saint-Barthélemy filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Enseignement secondaire Saint-Barthélemy due?
Enseignement secondaire Saint-Barthélemy must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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