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FORMATHE

Active Non-profit associationfounded 2001active for 25 yearsRue de Colard Trouillet 10, 4100 SeraingKBO/BCE: BE 0476.488.447
FORMATHE
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Overview

Lifetime

15 annual accounts with figures on one time axis
peak €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 accounts

Turnover

≈ €860,000 estimated

The accounts state no turnover.

Debts

€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
1172023101120241082025

In 2025, 10 people joined and 8 left.

Filings

15 annual accounts since 2011
AprilJune31 JulyOctober201520202025

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
  • Small
  • 20 years or older
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
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.

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 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

Credit check for an amount and term of your choice

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

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

Signals

Board and ownership

Daily manager
Daily manager
Director
Director
Board & ownership

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
All 25 events

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
Company details

Annual accounts 2025

€570,488▲ 7.3%
€680▼ 5.8%
€51,773▲ 1.3%
€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
Financials

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.

Financials

Annual accounts 2025

micro format, filed on 19-06-2026, 42 days before the deadline
€570,488
▲ 7.3%
€2,000
▲ 61.4%
€680
▼ 5.8%
€113,066
▲ 169%
15.4%
▼ 11.6 percentage points
1.55
▲ 0.22

The turnover shown is an estimate from the gross margin.

Turnover ≈ €860,000. Estimated: probably between €610,000 and €1.4m.

Balance sheet

balance sheet total €337,093 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

15.4%

Higher than 28% of 2,748 companies in 2025.

1.55

Higher than 46% of 2,604 companies in 2025.

0.2%

Higher than 30% of 2,639 companies in 2025.

FORMATHE Middle half of the sector 80% of the sector Micro accounts in education (NACE 85)

Net result: middle half · Equity: middle half · Balance sheet total: top quarter · Working capital: top quarter

Staff

€44,069

Staff costs divided by the average number of full-time equivalents.

+2 people

people who joined people who left

In 2025, 10 people joined and 8 left.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202520242023202220212020201920182017201620152014201320122011
Balance sheet: assets
20/58 337,093189,795129,732106,72492,679141,520112,65198,46786,10499,40079,83546,438118,17081,50973,947
21/28 18,00318,00325,81722,74823,22116,25816,12320,61812,85818,66617,4535,9557,4297,945364
22/27 --004739453,5059,5619,57210,5037,324-6751,434364
22 --00001,4772,9544,4315,908-----
23 --004739452,0285,6743,2751,7967,324----
24 -------9331,8662,7990-6751,434364
28 18,00318,00325,81722,74822,74815,31312,61811,0573,2868,16410,1295,9556,7546,511-
29/58 319,090171,792103,91583,97669,458125,26296,52977,84973,24680,73462,38240,483110,74173,56373,583
40/41 311,779167,62797,12667,44867,73961,49588,47572,89153,54176,27758,81438,809107,30368,89772,806
40 -----------138---
41 311,779167,62797,12667,44867,73961,49588,47572,89153,54176,27758,81438,672107,30368,89772,806
54/58 7,3114,1652,98016,5281,71963,7688,0544,95819,7054,4563,5691,6743,4374,666777
490/1 --3,809------------
Balance sheet: equity and liabilities
10/49 337,093189,795129,732106,72492,679141,520112,65198,46786,10499,40079,83546,438118,17081,50973,947
10/15 51,77351,09350,37151,56051,09042,0247,0735,6804,7513,2462,447664-5,195-945-4,601
14 51,77351,09350,37151,56051,09042,0247,0735,6804,7513,2462,447664-5,195-945-4,601
17/49 285,321138,70279,36155,16541,58999,496105,57892,78781,35396,15477,38845,774123,36582,45478,548
42/48 206,025129,70279,36155,16541,58975,129105,57892,78781,35396,15477,38845,774123,36582,45478,548
43 120,00050,00015,000-040,00050,00050,00040,00063,61143,21516,40696,76148,95042,350
430/8 120,00050,00015,000--40,00050,00050,00040,00063,61143,21516,40696,76148,95042,350
44 4,2578,359-3363238,0642,1891,7613,9464,77811,3252,1612,9473,0814,904
440/4 4,2578,359-3363238,0642,1891,7613,9464,77811,3252,1612,9473,0814,904
45 81,76771,34364,36154,82841,26627,06653,38941,02637,40727,76522,84827,20723,65630,42331,294
450/3 ------18,1847,47310,7065,3424,476--6,3429,762
454/9 81,76771,34364,36154,82841,26627,06635,20533,55326,70122,42318,37227,20723,65624,08121,532
492/3 79,2969,000---24,367---------
Income statement
76A --------29------
9900 570,488531,717489,157417,944357,028376,269360,624396,696283,706248,296192,492203,115219,965218,266249,302
62 568,488530,478489,843415,983347,310334,939351,370386,794273,153240,043185,710193,343219,245210,876233,955
630 --04734733,9786,0566,0365,8434,2062,729675760934377
9901 2,0001,239-6851,4899,24537,3523,1993,8674,7104,0484,0539,098-406,45714,970
75/76B --------10055198-
75 --------10055198-
65/66B 1,3205175041,0191792,4021,8062,9383,2333,2492,2703,2444,2612,8992,631
65 1,3205175041,0191792,4021,8062,9383,2333,2492,2703,2444,2612,8992,631
9903 680722-1,1894699,06634,9511,3939291,4777991,7835,859-4,2503,65512,339
9904 680722-1,1894699,06634,9511,3939291,5057991,7835,859-4,2503,65512,339
9905 680722-1,1894699,06634,9511,3939291,5057991,7835,859-4,250--
Appropriation of the result
9906 51,77351,09350,37151,56051,09042,0247,0735,6804,7513,2462,447664-5,195--
14P 51,09350,37151,56051,09042,024----------
Social balance sheet
9087 12.911.610.4---76.965.355555
Hours worked1013 12,52913,22111,087---11,14411,375-------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 19-06-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 19-06-2026 2026-00177499 PDF
31-12-2024 micro format 26-06-2025 2025-00188573 PDF
31-12-2023 micro format 20-08-2024 2024-00356857 PDF
31-12-2022 micro format 13-06-2023 2023-00122289 PDF
31-12-2021 micro format 14-06-2022 2022-20061536 PDF
31-12-2020 micro format 05-07-2021 2021-31200098 PDF
31-12-2019 full format 28-08-2020 2020-47200450 PDF
31-12-2018 full format 01-07-2019 2019-26700571 PDF
31-12-2017 full format 23-05-2018 2018-13600161 PDF
31-12-2016 full format 28-04-2017 2017-10700073 PDF
31-12-2015 full format 25-04-2016 2016-11000042 PDF
31-12-2014 full format 27-03-2015 2015-07500189 PDF
31-12-2013 full format 30-04-2014 2014-10700116 PDF
31-12-2012 full format 28-05-2013 2013-13700441 PDF
31-12-2011 full format 15-06-2012 2012-18200014 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202520242023202220212020201920182017201620152014201320122011
---6851,9619,71841,3309,2549,90210,5538,2546,7829,7727207,39015,347
---1,1899429,53938,9287,4496,9647,3495,0054,5126,534-3,4904,58912,716
--3,06807,4364,1131,56113,7954,9137,38514,2275,7392438,515-
3,1461,185-13,54714,808-62,04955,7143,095-14,74715,2498881,895-1,763-1,2293,889-
113,06642,09024,55428,81227,86950,133-9,049-14,938-8,107-15,421-15,006-5,291-12,624-8,891-4,965
15.4%26.9%38.8%48.3%55.1%29.7%6.3%5.8%5.5%3.3%3.1%1.4%-4.4%-1.2%-6.2%
1.551.321.311.521.671.670.910.840.900.840.810.880.900.890.94
5.512.711.581.070.812.3714.9316.3417.1229.6231.63----
1.3%1.4%-2.4%0.9%17.7%83.2%19.7%16.4%31.7%24.6%72.9%----
0.2%0.4%-0.9%0.4%9.8%24.7%1.2%0.9%1.7%0.8%2.2%12.6%-3.6%4.5%16.7%
---1.361.9254.29----------

EBIT margin: not included in this filing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item31-12-202531-12-202431-12-2023
Employees at the balance-sheet date151314
full-time122
part-time141112
in full-time equivalents9.399.6
8.88.68
On a permanent contract1188
Joined101011
Left8117

Source: social balance sheet in the 2023 to 2025 annual accounts

Investments

fixed assets acquired
Item20252024202320222021
Financial fixed assets--€3,068-€7,436
--€0€473€473

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on FORMATHE

The operating result for 2025 is 61% higher than in 2024 and the highest since 2021. It is the second rise in a row, after the fall in 2023.

Debt's share of the balance-sheet total rises from 73.1% to 84.6%. Equity and debt are higher.

Board & ownership

Board

3 directors, 2 in day-to-day management, last change in July 2026
Director
in office according to the deed of 08-07-2025
listed in the 2023 annual accounts, filed on 20-08-2024
Director
in office according to the deed of 08-07-2025
listed in the 2023 annual accounts, filed on 20-08-2024
Director and day-to-day manager
director in office according to the deed of 08-07-2025 day-to-day manager appointed by deed of 08-07-2025
listed in the 2023 annual accounts, filed on 20-08-2024
Day-to-day manager
appointed by deed of 08-07-2025
,
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“TITRE IX. LES POUVOIRS DEVOLUS A L'ORGANE D'ADMINISTRATION Article 35 Hormis le cas où elle crée un ou plusieurs organes de représentation…”
“L'organe d'administration peut, à tout moment et sans qu'il doive se justifier, mettre fin à la fonction exercée par la personne chargée de…”
Full text

L'organe d'administration peut, à tout moment et sans qu'il doive se justifier, mettre fin à la fonction exercée par la personne chargée de la gestion joumalière. TITRE XII. LA REPRESENTATION Article 42 L'association est valablement représentée dans tous les actes ou en justice par le président ou un administrateur agissant individuellement qui, en tant qu'organe, ne devront pas justifier vis-à-vis des tiers d'une décision préalable et d'une procuration de l'organe d'administration.

deed of 10-07-2026

Office holders in the KBO →

Mandates through the years

6 names, the dashed line is today

Director

Director

Director, Day-to-day manager

Day-to-day manager

Director

Director
LeadershipBoardEarliermandate already running before its first mention
Mandates as a list
    • Director, since before 31-12-2021
    • Director, since before 31-12-2021
    • Director, since before 31-12-2021
    • Day-to-day manager, appointed by deed of 08-07-2025, still in office
    • Day-to-day manager, appointed by deed of 08-07-2025, still in office
    • Director, from before 31-12-2021 to 10-07-2026
    • Director, from before 31-12-2021 to 10-07-2026

See the board, name and registered office on a given date →

Control

This non-profit association has no shareholders or capital.

Articles of association

DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 11-09-2020 (in French)
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 2 directors
“Moitié des administrateurs présents ou représentés”
“Voix du président ou administrateur qui le remplace prépondérante, majorité 2/3 des voix des administrateurs présents et représentés”
deed of 10-07-2026 (in French)
Dissolution ruleThe articles set when and by whom the company can be dissolved.
“Déposée et publiée conformément au Code des sociétés et des associations, loi du 23 mars 2019, publiée au MB le 4 avril 2019 et entrée en…”
deed of 10-07-2026 (in French)

Network & group

No group

FORMATHE has no parent and no holdings in its annual accounts. FORMATHE shares no director with another company.

Timeline

Timeline

25 events since 2001

Deadline for the 2026 accounts: 31-07-2027

2026
1 director appointed, 2 resignationsResignations: and · Appointment: · Director discharge: · General meeting of 04-06-20266 points ▸
  • General meeting, 04-06-2026
  • Director resignation,
  • Director resignation,
  • Director discharge,
  • Director discharge,
  • Director appointment,
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

Annual accounts 2025 filed NBBmicro format · 42 days before the deadline
2025
2 directors appointed, 5 reappointmentsReappointments: , , , and · Appointments: (day-to-day manager) and (day-to-day manager)10 points ▸
  • Director reappointment,
  • Director reappointment,
  • Director reappointment,
  • Director reappointment,
  • Director reappointment,
  • Board composition, (chair)
  • Board composition, (secretary)
  • Board composition, (treasurer)
  • Director appointment, (day-to-day manager)
  • Director appointment, (day-to-day manager)
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

Annual accounts 2024 filed PDFmicro format · 35 days before the deadline
2024
Back to profit net €722 The net result is €722, after one loss-making year.
Annual accounts 2023 filed PDFmicro format · 20 days late
2023
Annual accounts 2022 filed PDFmicro format · 48 days before the deadline
2022
Annual accounts 2021 filed PDFmicro format · 47 days before the deadline
2021
Annual accounts 2020 filed PDFmicro format · 26 days before the deadline
2020
Highest result from 2011 to 2025 net €34,951 ▲2,409% The operating result of €37,352 and the net result of €34,951 are both a record.
Amendment of the articlesGeneral meeting of 28-07-20201 point ▸
  • General meeting, 28-07-2020
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

Annual accounts 2019 filed PDFfull format · 28 days late
2019
Annual accounts 2018 filed PDFfull format · 30 days before the deadline
2018
Annual accounts 2017 filed PDFfull format · 69 days before the deadline
2017
Annual accounts 2016 filed PDFfull format · 94 days before the deadline
2016
Annual accounts 2015 filed PDFfull format · 97 days before the deadline
2015
Company renamed from Formation Autonomie des personnes du Troisième âge et des personnes handicapées to FORMATHERegistered 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 18-03-20153 points ▸
  • General meeting, 18-03-2015
  • Registered-office move, rue Colard Trouillet 10-4100 Seraing
  • Name change, FORMATHE

Open the deed in the Belgian Official Gazette

Annual accounts 2014 filed PDFfull format · 126 days before the deadline
2014
Back to profit net €5,859 The net result is €5,859, after one loss-making year.
Annual accounts 2013 filed PDFfull format · 92 days before the deadline
2013
Weakest financial year net -€4,250 The net result drops to -€4,250, the lowest from 2011 to 2025. It recovers the following year.
Annual accounts 2012 filed PDFfull format · 64 days before the deadline
2012
Annual accounts 2011 filed PDFfull format · 46 days before the deadline
2008
First establishment Rue de Colard Trouillet 10, Seraing
2001
Incorporation KBO

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 5 November 2001, FORMATHE was incorporated.1 Since 2015 the company has been called FORMATHE.2 In 2015 the registered office moved to Seraing.2 Total assets went from €98,467 in 2018 to €337,093 in 2025 and headcount from 6.9 to 12.9 full-time equivalents.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 15-04-2015
  3. 3National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0476.488.447
VAT number
BE 0476.488.447
Legal form
Non-profit association
Status
Active, normal situation
Founded
05-11-2001
Financial year
ends on 31 December
Peppol
Not found in the Peppol Directory
Name
FORMATHE in French
Abbreviation
FORM.A.T.HE. in French
Former name
Formation Autonomie des personnes du Troisième âge et des personnes handicapées until the deed of 15-04-2015
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 11-09-2020 (in French)

Activities

NACEBEL 2025
85592 Vocational training main activity
Joint committees annual accounts 2025
JC 329 Socio-cultural sector
Codes under NACEBEL 2008
85592 Vocational training main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Organiser des formations et accompagnements adaptés aux personnes et/ou organismes en demande telle que : Coaching emploi, orientation…”
Text of the purpose

“Organiser des formations et accompagnements adaptés aux personnes et/ou organismes en demande telle que : Coaching emploi, orientation socio-professionnelle, outplacement, développement personnel (connaissance de soi, valorisation des talents et potentiels, amélioration de la qualité de vie personnelle, gestion de stress, image personnelle...), formations en langue, informatique et tout autre domaine à la demande et selon l'évolution societale...”

deed of 10-07-2026 (in French)

Registered office and establishments

1 establishment
Establishment Since Unit number
Rue de Colard Trouillet 10 registered office 4100 Seraing 01-01-2008 2.178.499.640
1 former office
  • rue des Campanules 18, 4102 Seraing until the deed of 15-04-2015

Buildings and parcels at the address

Ground area
827 m²
Buildings
119 m²
Volume, LiDAR
1,344 m³
Tallest building
14.3 m
Buildings to scale, each on its own parcel
119 m², 14.3 m 119 m², 14.3 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
62352E0073/00H005827 m² 1 · 119 m² 14.3 m · 4

Contact

E-mail direction@formathe.net
E-mail secretariat@formathe.net
Website www.formathe.net establishment in Seraing
Phone +32 4 344 43 74 establishment in Seraing

Invoicing and payment

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Register as of 14 November 2026 · Peppol Directory

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