Deficits
-€133,059 in five years
Every financial year from 2020 to 2024 closed with a deficit. 2024 was the heaviest.
STICHTING EMERGENCES
Lifetime
6 annual accounts with figures on one time axispeak €558,754 (2019)
-€57,975▼ €54,420
lowest -€58,017 (2024)
-€58,017▼ €54,407
peak €583,687 (2019)
€450,628▼ 11.4%
-not published
Board3 names since 2019
-
Documentsfilings and deeds
29-09-202560 days late
2024micro format
Gross margin from -€3,555 to -€57,975Loss of €58,017
Key points
from the 2024 annual accountsFilings
6 annual accounts 101 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Checked score
56
Fair
Financially stronger than 52% of micro companies without a NACE code
Probability in this band: 1.5% to 4.2%
A confirmed filing finding caps the score at 59.
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.2%▲ +0.1 percentage points vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025highest value
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: < 0.1%▼ -0.2 percentage points vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
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 06-2026
08-2026: 0.1%▲ +0.1 percentage points vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.2%▲ +0.1 percentage points vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Capped at 59: a confirmed filing finding
Figures for financial year 2024 (filed on 01-10-2025)
Loss of €58,017, the second in a row (financial year 2024)
lowers risk
Legal form: int'l non-profit association
Size: total assets €450,628
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 (no NACE code, micro). It does better than 81% of them on solvency, 95% on liquidity, 10% on profitability and 23% on growth.
The bankruptcy probability was computed on 09-11-2026 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 31-12-2024.
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, 224 companies had the same profile as STICHTING EMERGENCES has now. Each dot is one company, two years later.
88.4%
were still trading
7.1%
stopped another way
4.0%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of STICHTING EMERGENCES itself is lower: 0.2% within 12 months. It rests on far more data about STICHTING EMERGENCES than the profile alone.
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.
| 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 224 companies, not a prediction for STICHTING EMERGENCES. 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 €25,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Cash is 100% of total assets. 0% 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
Seven signals.
lowers riskraises risk
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
192021222324
2019 to 2024 · latest year -€58,017
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 101 days later.
NBB · 6 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline09-11-2026 today
raises risk · 2024 accounts filed 60 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 6 filingsDeviation from the deadline
2025
not filed
2024
60 days late
2023
425 days late
2022
63 days early
2021
302 days late
2020
667 days late
2019
30 days early
← before the deadline
after the deadline →
tick = median of all Belgian filings
The company filed its last 6 accounts on average 227 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (1)
Recent changes
Incorporation
Founders: KOTSOU Ilios Nikos and LESIRE Caroline Camille Monique Marie · Founding capital of €25,000 · Appointments: KOTSOU Ilios Nikos (class A director), LESIRE Caroline Camille Monique Marie (class A director) and Irini GAVRIELIDOU (class B director) · published on 27-02-2019 · Gazette deed
Official details
Source: KBO- Status
- Active since 15-02-2019Normal situation
- Activity
- “L'organisation d'activités pédagogiques (ateliers, stages pluridisciplinaires, séminaires, colloques, expositions, réunions, conférences, formations, émissions télévisées…” (deed in French)From the articles, 5 activitiesNo NACE code in the KBO yet
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Insights on STICHTING EMERGENCES
STICHTING EMERGENCES files the micro format. That format states no turnover. The gross margin fell from €558,754 in 2019 to -€57,975 in 2024.
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 STICHTING EMERGENCES
- What is the company number of STICHTING EMERGENCES?
- The company number of STICHTING EMERGENCES is 0720.793.835. The VAT number is the same number with BE in front: BE 0720.793.835.
- Where is STICHTING EMERGENCES based?
- The registered office is at Brugmannlaan 317, 1180 Uccle.Company details
- What is the legal form of STICHTING EMERGENCES?
- STICHTING EMERGENCES is an international non-profit association (IVZW).
- When was STICHTING EMERGENCES founded?
- STICHTING EMERGENCES was founded on 15-02-2019.
- Is STICHTING EMERGENCES still active?
- Yes, STICHTING EMERGENCES is an active enterprise in the KBO register.
- What is the turnover of STICHTING EMERGENCES?
- The annual accounts for financial year 2024 state no turnover.Financials
- Is STICHTING EMERGENCES profitable?
- In financial year 2024, STICHTING EMERGENCES made a loss of €58,017.
- Where can I find the annual accounts of STICHTING EMERGENCES?
- STICHTING EMERGENCES filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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