GLOBAL KNOWLEDGE BELGIUM

Active

Private limited companyfounded 200620 yrs activeKBO/BCE: BE 0879.699.532

Summary

GLOBAL KNOWLEDGE BELGIUM has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-42k) and a net result of €-293k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 435 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

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Checked score

Score 2025

44 / 100

Weak

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Negative equity caps the score. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability0▼-71

Solvency22▼-17

Growth24▼-20

Track record100

Bankruptcy probability, 12 months

0.2% Very low

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity tight (current ratio 1.25 against 1.36 in 2024; short-term debt: 77% and cash: 18% of total assets), and equity is negative.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 85

Relative position

BE, all sectors

reference

Sector 85

lower

← fewer bankruptcies more bankruptcies →

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

-3%

Return on assets

-20.7%

Age of the figures

20 mo

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Negative equity

The 2025 annual accounts show negative equity and a net loss.

NBB · annual accounts 2025

Equity per financial year

18192022232425

2018 to 2025 · latest year €-42k

Filed more than 90 days late

The financial year that closed on 31-01-2025 was due by 31-08-2025 and was filed on 09-06-2026, 282 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 10 filings

Deviation from the deadline

2026

not confirmed

2025

282 d late

2024

228 d late

2023

462 d late

2022

20 d early

2020

37 d early

2019

27 d early

← before the deadline after the deadline →

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, full schema

Turnover

€3.11M▼ 23.9%

2024 · €4.08M

2018: €5.24M 2019: €5.36M 2020: €4.98M 2022: €6.58M 2023: €4.34M 2024: €4.08M

2018 → 2025

EBIT margin

-10.5%▼ 14.9pp

2024 · 4.4%

2018: 5.5% 2019: 6.0% 2020: 8.5% 2022: 18.1% 2023: 14.7% 2024: 4.4%

2018 → 2025

Net result

€-293k

2024 · €219k

2018: €188k 2019: €255k 2020: €309k 2022: €932k 2023: €565k 2024: €219k

2018 → 2025

Working capital

€276k▼ 39.1%

2024 · €453k

2018: €967k 2019: €1.30M 2020: €1.56M 2022: €2.25M 2023: €240k 2024: €453k

2018 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202022202320242025Trend

Turnover€4.98M-€6.58M▲ 32.1%€4.34M▼ 34.1%€4.08M▼ 5.9%€3.11M▼ 23.9%

Equity€1.13M-€2.07M▲ 82.2%€32k▼ 98.4%€251k▲ 677%€-42k

Operating result€425k-€1.19M▲ 180%€637k▼ 46.4%€181k▼ 71.6%€-325k

Net result€309k-€932k▲ 201%€565k▼ 39.4%€219k▼ 61.3%€-293k

Result per fiscal year

Operating resultNet result

The operating result turns negative in 2025: a loss of €325k after €181k in 2024, the lowest result in the available series.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €1.42M

96.5%

Fixed assets €50k ▼ 51.0%

Current assets €1.37M ▼ 20.1%

Key figures and ratios

2025 value · change against 2024

EBITDA

€-257k▼

2024 · €250k

Cash flow

€-225k▼

2024 · €288k

Solvency

-3.0%▼

2024 · 13.9%

Current ratio

1.25▼

2024 · 1.36

Debt to equity

-34.76▼

2024 · 6.21

ROA

-20.7%▼

2024 · 12.1%

Interest coverage

-30.76▼

2024 · 26.70

Debt

€1.46M▼

2024 · €1.56M

Debt ≤ 1 year

€1.09M▼

2024 · €1.26M

Income taxes

€645▼

2024 · €93k

Staff costs

€589k▼

2024 · €849k

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Filed annual accounts As filed with the NBB · 2025 against 2024 · 61 lines

Balance sheet Code20242025

Assets

Total assets20/58€1.81M€1.42M▼

Fixed assets21/28€101k€50k▼

Tangible fixed assets22/27€67k€15k▼

Plant, machinery and equipment23€16k€15k▼

Furniture and vehicles24€51k€301▼

Financial fixed assets28€34k€34k=

Other financial fixed assets284/8€34k€34k=

Amounts receivable and cash guarantees285/8€34k€34k=

Current assets29/58€1.71M€1.37M▼

Stocks and contracts in progress3€0€0=

Amounts receivable within one year40/41€1.06M€1.10M▲

Trade receivables40€410k€399k▼

Other amounts receivable41€654k€702k▲

Cash at bank and in hand54/58€615k€254k▼

Deferred charges and accrued income490/1€30k€10k▼

Equity and liabilities

Total equity and liabilities10/49€1.81M€1.42M▼

Equity10/15€251k€-42k▼

Contributions10/11€19k€19k=

Reserves13€2k€2k=

Non-distributable reserves130/1€2k€2k=

Reserves not available under the articles1311€2k€2k=

Profit (loss) carried forward14€231k€-62k▼

Amounts payable17/49€1.56M€1.46M▼

Amounts payable within one year42/48€1.26M€1.09M▼

Trade debts44€298k€210k▼

Suppliers440/4€298k€210k▼

Taxes, remuneration and social security45€234k€152k▼

Taxes450/3€118k€136k▲

Remuneration and social security454/9€116k€16k▼

Other amounts payable47/48€724k€728k▲

Accrued charges and deferred income492/3€303k€368k▲

Income statement Code20242025

Operating income70/76A€4.09M€3.11M▼

Turnover70€4.08M€3.11M▼

Other operating income74€9k€6k▼

Operating charges60/66A€3.91M€3.44M▼

Goods for resale, raw materials and consumables60€704k€550k▼

Purchases600/8€704k€550k▼

Services and other goods61€2.27M€2.23M▼

Remuneration, social security and pensions62€849k€589k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€69k€68k▼

Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€12k€0▼

Other operating charges640/8€5k€481▼

Operating profit (loss)9901€181k€-325k▼

Financial income75/76B€153k€56k▼

Recurring financial income75€153k€56k▼

Income from current assets751€148k€54k▼

Other financial income752/9€5k€3k▼

Financial charges65/66B€22k€24k▲

Recurring financial charges65€22k€24k▲

Debt charges650€9k€8k▼

Other financial charges652/9€13k€15k▲

Profit (loss) for the period before taxes9903€312k€-292k▼

Income taxes67/77€93k€645▼

Taxes670/3€93k€645▼

Profit (loss) for the period9904€219k€-293k▼

Profit (loss) for the period to be appropriated9905€219k€-293k▼

Appropriation of the result

Profit (loss) to be appropriated9906€231k€-62k▼

Profit (loss) brought forward from the previous period14P€12k€231k▲

Profit to be distributed694/7€0-

Return on contributions (dividend)694€0-

Social balance

Average headcount (FTE)90877.73.9▼

The notes to these accounts (36 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 39Financial 5Gazette 24Filings 10

2026

09-09

State Gazette act Resignation: Ryan Murray (director)

Director discharge3 facts ▸

General meeting, 06-07-2026
Director resignation, Ryan Murray (director)
Director discharge, Ryan Murray

09-06

NBB filing Annual accounts filed

fiscal year 2025 · full schema · 282 days late

30-01

State Gazette act Resignations: Jose Alberto Torres (director) and Richard George Walker (director)

Appointments: Ryan Murray (director) and Darren Bance (director) · Reappointment: EY Bedrijfsrevisoren BV (statutory auditor) · Director discharge13 facts ▸

General meeting, 27-06-2025
Director resignation, Jose Alberto Torres (director)
Director resignation, Richard George Walker (director)
Director discharge, Jose Alberto Torres
Director discharge, Richard George Walker
Director appointment, Ryan Murray (director)
Director appointment, Darren Bance (director)
Mandate compensation, Ryan Murray
Mandate compensation, Darren Bance
Board composition, Ryan Murray (director)
Board composition, Darren Bance (director)
Auditor reappointment, EY Bedrijfsrevisoren BV
+1 further facts in this act

2025

17-11

State Gazette act Resignations & appointments

Power of attorney · Mandate term7 facts ▸

Board meeting, 23-10-2025
Power of attorney, Michael Gratton
Power of attorney, Vivian Kelleher
Power of attorney, Vivian Kelleher
Power of attorney, Ciara Harrington
Mandate term, 1 jaar vanaf 14 oktober 2025
Mandate term, 1 jaar vanaf 14 oktober 2025

19-05

State Gazette act Resignations & appointments

Power of attorney3 facts ▸

Board meeting, 19-04-2025
Power of attorney, Michael Graton
Power of attorney, Vivien Kelleher

16-04

NBB filing Annual accounts filed

fiscal year 2024 · full schema · 228 days late

31-01

Financial Weakest financial yearnet €-293k ▼234%

Net result drops to €-293k, the lowest in the series.

2024

05-12

NBB filing Annual accounts filed

fiscal year 2023 · full schema · 462 days late

26-06

State Gazette act Resignations & appointments

Power of attorney3 facts ▸

Board meeting, 29-05-2024
Power of attorney, Michael Graton
Power of attorney, Lynne Scott

31-01

Financial Equity above €200kEq €251k ▲677%

6 profitable years in a row build equity to €251k.

2023

09-10

State Gazette act Permanent representatives: Eef Naessens and Filip Simpelaere

3 facts ▸

Board meeting, 05-09-2023
Permanent representative, Eef Naessens
Permanent representative, Filip Simpelaere

27-03

State Gazette act Resignations & appointments

Power of attorney3 facts ▸

Board meeting, 17-02-2023
Power of attorney, Michael Gratton
Power of attorney, Lynne Scott

Show earlier events

24-02

State Gazette act Resignations & appointments

Power of attorney2 facts ▸

Board meeting, 01-02-2023
Power of attorney, René Lap

13-01

State Gazette act Resignations: Ryan Murray (director) and René Lap (director)

Appointments: Richard George Walker (director) and Jose Alberto Torres (director) · Director discharge · Mandate compensation12 facts ▸

General meeting, 19-12-2022
Director resignation, Ryan Murray (director)
Director resignation, René Lap (director)
Director discharge, Ryan Murray
Director discharge, René Lap
Director appointment, Richard George Walker (director)
Director appointment, Jose Alberto Torres (director)
Mandate compensation, Richard George Walker
Mandate compensation, Jose Alberto Torres
Board composition, Richard George Walker (director)
Board composition, Jose Alberto Torres (director)
Power of attorney, DLA Piper UK LLP

2022

11-08

NBB filing Annual accounts filed

fiscal year 2022 · full schema

25-04

State Gazette act Resignations: William Garrett (director) and Brian Holland (director)

Appointment: Ryan Murray (director) · Director discharge · Mandate compensation12 facts ▸

General meeting, 06-04-2022
Director resignation, William Garrett (director)
Director resignation, Brian Holland (director)
Director discharge, William Garrett
Director discharge, Brian Holland
Director appointment, Ryan Murray (director)
Mandate compensation, Ryan Murray
Board composition, Rene Lap (director)
Board composition, Ryan Murray (director)
Board meeting, 06-04-2022
Director appointment, Ryan Murray (managing director)
Mandate compensation, Ryan Murray

31-01

Financial Highest result since 2018net €932k ▲201%

Operating result €1.19M, net result €932k, both a record.

31-01

Financial Equity above €2MEq €2.07M ▲82.2%

4 profitable years in a row build equity to €2.07M.

2021

28-12

State Gazette act Registered office

Registered-office move2 facts ▸

Board meeting, 10-12-2021
Registered-office move, Battelsesteenweg 455, 2800 Mechelen

18-10

State Gazette act Statutes amendment · Legal-form change

Name change · Reserve release · Statutes amendment10 facts ▸

General meeting, 27-09-2021
Name change, GLOBAL KNOWLEDGE BELGIUM
Reserve release, Omvorming van de statutair onbeschikbare eigen vermogensrekening in een beschikbare eigen vermogensrekening
Statutes amendment
Statutes amendment
Statutes amendment
Statutes amendment
Capital
Legal-form change, Besloten vennootschap met beperkte aansprakelijkheid naar besloten vennootschap
Statutes amendment

07-10

State Gazette act Resignation: Todd Johnstone (director)

Reappointment: Ernst & Young Bedrijfsrevisoren BV (statutory auditor) · Permanent representative: Eef Naessens7 facts ▸

General meeting, 26-03-2021
Director resignation, Todd Johnstone (director)
Board composition, Brian Holland (director)
Board composition, René Lap (director)
Board composition, Bill Garett (director)
Auditor reappointment, Ernst & Young Bedrijfsrevisoren BV
Permanent representative, Eef Naessens

26-03

NBB filing Annual accounts filed

fiscal year 2020 · full schema

2020

02-10

Financial Equity above €1MEq €1.13M ▲37.5%

3 profitable years in a row build equity to €1.13M.

18-09

State Gazette act Resignations: Andy Boyle (director) and Allan Pettman (director)

Appointments: Todd Johnstone (director) and Bill Garrett (director) · Mandate compensation11 facts ▸

General meeting, 11-08-2020
Director resignation, Andy Boyle (director)
Director resignation, Allan Pettman (director)
Director appointment, Todd Johnstone (director)
Director appointment, Bill Garrett (director)
Mandate compensation, Todd Johnstone
Mandate compensation, Bill Garrett
Board composition, Brian Holland (director)
Board composition, René Lap (director)
Board composition, Todd Johnstone (director)
Board composition, Bill Garrett (director)

31-03

NBB filing Annual accounts filed

fiscal year 2019 · full schema

2019

24-04

NBB filing Annual accounts filed

fiscal year 2018 · full schema

08-04

State Gazette act Reappointment: Ernst & Young Bedrijfsrevisoren CVBA (statutory auditor)

Permanent representative: Eef Naessers3 facts ▸

General meeting, 21-03-2019
Auditor reappointment, Ernst & Young Bedrijfsrevisoren CVBA
Permanent representative, Eef Naessers

2018

07-11

State Gazette act Resignation: Petrus Johannes Maria Hompus (manager)

Appointment: René Lap (manager) · Mandate compensation8 facts ▸

General meeting, 01-10-2018
Director resignation, Petrus Johannes Maria Hompus (manager)
Director appointment, René Lap (manager)
Mandate compensation, René Lap
Board composition, Brian Holland (manager)
Board composition, Allan Pettman (manager)
Board composition, Andrew Boyle (manager)
Board composition, René Lap (manager)

15-05

State Gazette act Resignation: Paul Renucci (manager)

Appointment: Allan John Pettman (manager) · Mandate compensation · Power of attorney9 facts ▸

General meeting, 18-04-2018
Director resignation, Paul Renucci (manager)
Director appointment, Allan John Pettman (manager)
Mandate compensation, Allan John Pettman
Board composition, Brian Holland (manager)
Board composition, Andrew Boyle (manager)
Board composition, Petrus Hompus (manager)
Board composition, Allan John Pettman (manager)
Power of attorney, DLA Piper UK LLP

07-05

NBB filing Annual accounts filed

fiscal year 2017 · full schema · 8 days late

2017

25-04

NBB filing Annual accounts filed

fiscal year 2016 · full schema

13-02

State Gazette act Permanent representative: Eef Naessens

2 facts ▸

General meeting, 26-01-2017
Permanent representative, Eef Naessens

2016

14-11

State Gazette act Resignation: Richard Pryor-Jones (manager)

Appointment: Paul Renucci (manager) · Mandate compensation8 facts ▸

General meeting, 12-10-2016
Director resignation, Richard Pryor-Jones (manager)
Director appointment, Paul Renucci (manager)
Mandate compensation, Paul Renucci
Board composition, Brian Holland (manager)
Board composition, Andrew Boyle (manager)
Board composition, Petrus Hompus (manager)
Board composition, Paul Renucci (manager)

30-05

State Gazette act Reappointment: Ernst & Young Bedrijfsrevisoren (B)CVBA (statutory auditor)

Permanent representative: Marnix Van Dooren · Shareholder written resolution3 facts ▸

Shareholder written resolution, 08-06-2015
Auditor reappointment, Ernst & Young Bedrijfsrevisoren (B)CVBA
Permanent representative, Marnix Van Dooren

24-05

NBB filing Annual accounts filed

fiscal year 2015 · full schema · 22 days late

2015

21-09

State Gazette act Algemene Vergadering - Boekjaar

Statutes amendment6 facts ▸

General meeting, 02-09-2015
Statutes amendment
Statutes amendment
Statutes amendment
Statutes amendment
Statutes amendment

2013

07-10

State Gazette act Reappointment: Ernst & Young Bedrijfsrevisoren (B)CVBA (statutory auditor)

Permanent representative: Marnix Van Dooren3 facts ▸

General meeting, 30-06-2012
Auditor reappointment, Ernst & Young Bedrijfsrevisoren (B)CVBA
Permanent representative, Marnix Van Dooren

2010

16-07

State Gazette act Reappointment: Ernst & Young Bedrijfsrevisoren (B)CVBA (statutory auditor)

Permanent representative: Marnix Van Dooren3 facts ▸

General meeting, 30-06-2009
Auditor reappointment, Ernst & Young Bedrijfsrevisoren (B)CVBA
Permanent representative, Marnix Van Dooren

2006

26-06

State Gazette act Resignations: Gillian Mary Foley (manager) and Robert Anthony Lewis (manager)

Appointments: Andrew Boyle, Petrus Hompus and Richard Pryor-Jones · Mandate compensation · Power of attorney14 facts ▸

General meeting, 08-05-2006
Director resignation, Gillian Mary Foley (manager)
Director resignation, Robert Anthony Lewis (manager)
Director appointment, Andrew Boyle (manager)
Director appointment, Petrus Hompus (manager)
Director appointment, Richard Pryor-Jones (manager)
Mandate compensation, Andrew Boyle
Mandate compensation, Petrus Hompus
Mandate compensation, Richard Pryor-Jones
Board composition, Brian Holland (manager)
Board composition, Andrew Boyle (manager)
Board composition, Petrus Hompus (manager)
+2 further facts in this act

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

5 directors, no change since 2026

Darren Bance

Director · since 30-06-2025

Current

Bill Garrett

Director · since 01-04-2020

Not recently confirmed

Allan John Pettman

Manager · since 14-03-2018

Not recently confirmed

Andrew Boyle

Manager · since 09-05-2006

Not recently confirmed

Petrus Hompus

Manager · since 09-05-2006

Not recently confirmed

06-07-2026 Ryan Murray: Resigned as Director

30-06-2025 Darren Bance: Appointed as Director

30-06-2025 Ryan Murray: Appointed as Director

30-06-2025 Richard George Walker: Resigned as Director

02-06-2025 Jose Alberto Torres: Resigned as Director

Full history in the Timeline (29 changes) →

Location & real-estate footprint

1 establishment unit since 2006

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Ground area

1.3 ha

Building footprint

3,391 m²

Volume, LiDAR

18,035 m³

2 parcels, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

Global Knowledge Belgium bvba

Zandvoortstraat 1, 2800 MechelenNACE 80424

since 20062.152.144.344

2 parcels

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
12402A0089/00C000	Flanders	1.2 ha	1 · 3,021 m²	7.3 m · 2 fl.
12404G0443/00L002	Flanders	838 m²	1 · 369 m²	9.0 m · 2 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Statutory auditor

1 auditor

EY Bedrijfsrevisoren BVCurrent

Auditor

27-06-2025 → present

Show 3 earlier auditors

Ernst & Young Bedrijfsrevisoren (B)CVBA Auditor · represented by Marnix Van Dooren succeeded by Ernst & Young Bedrijfsrevisoren CVBA in 2018	30-06-2009 → 27-03-2018
Ernst & Young Bedrijfsrevisoren BV Auditor · represented by Eef Naessens succeeded by EY Bedrijfsrevisoren BV in 2025	26-03-2021 → 27-06-2025
Ernst & Young Bedrijfsrevisoren CVBA Auditor · represented by Eef Naessers succeeded by Ernst & Young Bedrijfsrevisoren BV in 2021	27-03-2018 → 26-03-2021

Articles of association

Purpose

Het verlenen van diensten welke verband houden met opleiding, begeleiding, onderwijs en cursussen op het gebied van computersoftware en aanverwante technologie; het publiceren van…

Full purpose

Het verlenen van diensten welke verband houden met opleiding, begeleiding, onderwijs en cursussen op het gebied van computersoftware en aanverwante technologie; het publiceren van boeken, tijdschriften, cursusmateriaal en andere literatuur die met het bovenstaande verband houdt; het onderzoeken en ontwikkelen van computersoftware toepassingen en aanverwante onderwijsmethoden; de verkoop van goederen voorzover verband houdend met het bovenstaande.

according to the deed of 18-10-2021

Structure & network

Capital and shareholders

Capital over the years

18-10-2021 Capital stated in the act · 100 shares

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Of 11,671 companies in sector 85599 we hold annual accounts for 1,329. 893 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded27-02-2006

Fiscal year end31-01

Activities, NACEBEL 2025

85592Vocational training

85599Other education

58110Book publishing

62900Other information technology and computer services

62200Computer consultancy and computer facilities management

Sources

Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.