Financials
- Financial year
- 2025
- Total assets
- €480,861
- Profit
- €2,666
- Solvency
- 68.5%
Total assets▲ 20.1%
Net result
20192025
FORMALIA
ActiveSummary
FORMALIA has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €329,447 and a net result of €2,666. Equity is growing by about 3% per year across the filed financial years. Its solvency ranks better than 64% of 834 sector peers (NACE 85, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Activity
Other education
NACE 85599Vocational training NACE 85592
1 site
Size
€480,861total assets 2025
- Staff
- 0.6 FTE
- Equity
- €329,447
- Profit
- €2,666
Structure
- Parent
- Winsearch · 80%
- Alexis MOTTARDDirector
- AMA ConsultDirector
Auditor: 3R, LEBOUTTE & Co2025 accounts 31 days early4 of 11 deeds summarised
Why 95raises risk1 change of registered office in 24 monthslowers riskLiquidity: current ratio 2.67, cash €251,788Sector: Education (NACE 85)Equity €329,447 (68.5% of total assets)Show the evidence
Checked score
Score 2025
95
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 58% of its sector peers (NACE 85, micro)
Financial strength · tick = 2024
Strong
Solvency
94-6
equity 68.5% of total assets
Liquidity
87-8
short-term debt 31.5% · cash 52.4%
Profitability
69+55
return on assets 0.6%
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).
Last 24 months
11-2024: 0.8%
12-2024: 0.8%● unchanged vs 11-2024
01-2025: 0.8%● unchanged vs 12-2024
02-2025: 0.1%▼ -0.7 percentage points 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: 0.2%▲ +0.1 percentage points vs 06-2025
08-2025: 0.1%▼ -0.1 percentage points vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.8%▲ +0.7 percentage points vs 09-2025
11-2025: 0.8%● unchanged vs 10-2025
12-2025: 0.8%● unchanged vs 11-2025
01-2026: 0.9%▲ +0.1 percentage points vs 12-2025highest value
02-2026: 0.9%● unchanged vs 01-2026highest value
03-2026: 0.1%▼ -0.8 percentage points vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.2%▲ +0.1 percentage points vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.1%▼ -0.1 percentage points vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026lowest value
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.67, compared with 4.73 in 2024, above the usual 1.5; short-term debt: 31.5% and cash: 52.4% of total assets), and 31.5% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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, micro): better than 69% on solvency, 77% on liquidity, 40% on profitability and 45% on growth.
The bankruptcy probability was computed on 24-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
lowers riskraises riskneutral
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 30-06-2026, 31 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
31 days early
2024
27 days early
2023
27 days early
2022
55 days early
2021
20 days early
2020
44 days early
2019
46 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 36 days before the deadline; the sector median (NACE 85) for financial year 2024 is 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 4 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
25-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · abbreviated…
- Back to profitnet €2,666
- Annual accounts filedfinancial year 2024 · abbreviated…
Key points
By topic
Board & ownership
- Board
- 2 members
- Parent
- Winsearch · 80%
- Auditor
- 3R, LEBOUTTE & Co
- Alexis MOTTARDDirector
- AMA ConsultDirector
Network & group
- Group
- PROMAN EXPANSION
Timeline
- Events
- 18
- Since
- 2020
- Next accounts
- by 31-07-2027
- 09-09-2025Registered office
- 04-07-2025Annual accounts filed
- 30-01-2025Appointment: 3R,LEBOUTTE & CO (commissaire aux comptes)
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Other educationNACE 85599
- Founded
- 08-01-2019
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 2
See the provisions in the deeds
Go to Articles of associationKey facts about FORMALIA
- What is the company number of FORMALIA?
- 0717.822.368. In Belgium the VAT number is the company number with BE in front: BE 0717.822.368.
- Where is FORMALIA based?
- The registered office is at Chaussée Verte 106, 4347 Fexhe-le-Haut-Clocher.Company details
- What does FORMALIA do?
- According to the KBO register, the main activity is other education (NACE 85599).
- What is the legal form of FORMALIA?
- Private limited company (BV).
- When was FORMALIA founded?
- On 08-01-2019.
- Is FORMALIA still active?
- Yes, FORMALIA is an active enterprise in the KBO register.
- How many employees does FORMALIA have?
- On average 0.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of FORMALIA?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
- Is FORMALIA profitable?
- In financial year 2025, FORMALIA made a profit of €2,666.
- Where can I find the annual accounts of FORMALIA?
- FORMALIA filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of FORMALIA due?
- By 31-07-2027, for financial year 2026.Timeline
Companies related to FORMALIA
Parent and group
- Winsearch80%
- PROMAN LEM100%
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