Turnover
≈ €860,000 estimated
The accounts state no turnover.
FORMATHE
Lifetime
15 annual accounts with figures on one time axispeak €570,488 (2025)
€570,488▲ 7.3%
lowest -€4,250 (2013)
€680▼ 5.8%
peak €51,773 (2025)
€51,773▲ 1.3%
€285,321▲ 106%
peak 7 FTE (2019)
-not published
Board6 names since 2021
5 directors and 4 others
Documentsfilings and deeds
19-06-202642 days before the deadline
2025micro format
2 directors appointed, 5 reappointments 08-07Debts from €138,702 to €285,321Cash from €4,165 to €7,311
Key points
from the 2025 annual accountsDebts
€285,321 85% of the balance sheet
Financial debts 42%Suppliers 1%Taxes and wages 29%Other 28%
Of this, €206,025 falls due within a year.
Staff
15 employees on 31-12-2025
In 2025, 10 people joined and 8 left.
Filings
15 annual accounts since 2011
Two of the last ten came late. The 2019 accounts came latest: 28 days after the end of the period.
Board
2 left
Directors left. Latest change 10-07-2026 · 3 in office.
Position in the sector
€570,488
Higher gross margin than 95% of companies in education. Sector median €25,360 · 2,747 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 4,684 companies had the same profile as FORMATHE has now. Each dot stands for 12 companies, two years later.
97.0%
were still trading
1.9%
stopped another way
1.1%
went bankrupt
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 4,684 companies, not a prediction for FORMATHE. 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
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
1 director appointed, 2 resignations
Resignations: and · Appointment: · Director discharge: · General meeting of 04-06-2026 · Gazette deed
2 directors appointed, 5 reappointments
Reappointments: , , , and · Appointments: (day-to-day manager) and (day-to-day manager) · Gazette deed
Amendment of the articles
General meeting of 28-07-2020 · Gazette deed
Company renamed from Formation Autonomie des personnes du Troisième âge et des personnes handicapées to FORMATHE
Registered office moved within Seraing · New registered office: rue Colard Trouillet 10-4100 Seraing · Previous registered office: rue des Campanules 18, 4102 Seraing · General meeting of 18-03-2015 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| FORMATHE Seraing | - | - | 15.4% | - |
| ENAIP EN PAYS DE LIEGE Liège | - | - | 56.5% | - |
| CENTRE D'INFORMATION ET D'EDUCATION POPULAIRES DU MOUVEMENT OUVRIER CHRETIEN Charleroi | - | - | 32.8% | 6 |
| Centre d'Information et d’Éducation Populaire de Wallonie picarde Tournai | €4,900 | - | 56.9% | 5 |
| Aide á la Reconversion en Région de Charlerloi par l'Insertion professionnelle et la Création d'Emploi Locaux Charleroi | - | - | 63.8% | - |
| INTERFACE 3 - NAMUR Namur | - | - | 19.9% | - |
| Centre d'Insertion et de Développement Dison | €7,321 | 61.5% | -21.8% | 10.8 |
These companies have the same main activity as FORMATHE: vocational training (NACE 85592). They are comparable in size and age: total assets between €314,000 and €401,000, founded between 1993 and 2004.
Official details
Source: KBO- Status
- Active since 05-11-2001Normal situation
- Activity
- Vocational trainingNACE 85592
- Joint committee
- 329Socio-cultural sector · annual accounts 2025
- Establishment unit
- 2.178.499.6404100 Seraing, since 01-01-2008
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Annual accounts 2025
- €337,093▲ 77.6%
- Employeeson 31-12-2025
- 15▲ 15.4%
- Filing
- Filed on 19-06-2026, 42 days before the end of the filing period
Insights on FORMATHE
FORMATHE files the micro format. That format states no turnover. The gross margin rose from €249,302 in 2011 to €570,488 in 2025.
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 FORMATHE
- What is the company number of FORMATHE?
- The company number of FORMATHE is 0476.488.447. The VAT number is the same number with BE in front: BE 0476.488.447.
- Where is FORMATHE based?
- The registered office is at Rue de Colard Trouillet 10, 4100 Seraing.Company details
- What does FORMATHE do?
- According to the KBO register, the main activity is vocational training (NACE 85592).
- What is the legal form of FORMATHE?
- FORMATHE is a non-profit association (VZW).
- When was FORMATHE founded?
- FORMATHE was founded on 05-11-2001.
- Is FORMATHE still active?
- Yes, FORMATHE is an active enterprise in the KBO register.
- How many employees does FORMATHE have?
- FORMATHE had an average of 12.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does FORMATHE fall under?
- In its 2025 annual accounts, FORMATHE states joint committee 329 (Socio-cultural sector).
- What is the turnover of FORMATHE?
- The turnover in financial year 2025 is ≈ €860,000. This figure is estimated from the gross margin of €570,488 and 37 comparable companies (NACE 85). It probably lies between €610,000 and €1.4m.
- Is FORMATHE profitable?
- In financial year 2025, FORMATHE made a profit of €680.
- Where can I find the annual accounts of FORMATHE?
- FORMATHE filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of FORMATHE due?
- FORMATHE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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