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Haute Ecole Galilée

Active
Non-profit associationfounded 1996active for 30 yearsStoofstraat 58, 1000 Brussel, BelgiumKBO/BCE: BE 0458.880.274
Summary

Haute Ecole Galilée has been active since 1996 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €24.9m and a net result of €10.6m, of which €11.1m non-recurring income. Equity has been shrinking by about 3.4% per year since 2020. Its solvency ranks better than 38% of 839 sector peers (NACE 85, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 03-07-1996 Normal situation
Activity
Education NACE 85402
Joint committees
152 Paritair Comité voor de gesubsidieerde inrichtingen van het vrij onderwijs
225 Paritair Comité voor de bedienden van de inrichtingen van het gesubsidieerd vrij onderwijs · annual accounts 2025
Establishment units
2.151.438.917 1000 Brussel, since 03-02-2006
2.151.439.115 1040 Brussel, since 03-02-2006and 5 others
Financial year end
31 December
Peppol
Reachable since 12-01-2026

Board and ownership

Board
and 13 others
Auditor
Callens, Vandelanotte & Theunissen

Financial position

96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Turnover
€1.6m
▼ 18.6%
Operating revenue
€30.0m
▲ 68.9%
Surplus
€10.6m
▲ 875%
Equity
€24.9m
▲ 74.3%
Total assets
€59.4m
▲ 20.3%
Employees on 31-12-2025
53
▲ 6.0%
Score breakdownraises risk1 change of registered office in 24 monthslowers riskLegal form: non-profit associationLiquidity: current ratio 13.65, cash €21.0mSize: turnover €1.6m, 37.4 FTE, total assets €59.4mShow the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 69% of small companies in education (NACE 85)
Financial strength · tick: 2024
Strong
Solvency 67+13
equity 41.9% of total assets
Liquidity 94+32
short-term debt 3.3% · cash 35.3%
Profitability 94+13
return on assets 17.9%
Bankruptcy probability within 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).

Sector median < 0.1% (624 companies, NACE 85, small)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged 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: < 0.1%● unchanged vs 06-2025highest value 08-2025: < 0.1%● unchanged vs 07-2025highest value 09-2025: < 0.1%● unchanged vs 08-2025highest value 10-2025: < 0.1%● unchanged vs 09-2025highest value 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 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 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026
Credit of up to €160,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 13.65 (6.94 in 2024), above the usual 1.5. Short-term debt is 3.3% and cash 35.3% of total assets. However, 58.1% of the assets are financed with debt and provisions.
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 (NACE 85, small). It does better than 36% of them on solvency, 92% on liquidity, 96% on profitability and 53% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Legal form: non-profit association
KBO
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Liquidity: current ratio 13.65, cash €21.0m
NBB · annual accounts
lowers risk · Size: turnover €1.6m, 37.4 FTE, total assets €59.4m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
2022232425
2020 to 2025 · latest year €24.9m
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 28-05-2026, 64 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
64 days early
2024
44 days early
2023
50 days early
2022
62 days early
2021
33 days early
2020
40 days early
2019
44 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 48 days before the deadline. In the sector (NACE 85), the median for financial year 2024 was 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 12 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Result rose in 2025mostly from a one-off income of €11.1m ▲ 875% View
  • Positive: Higher net result than 95% of companies in educationsector median €24,988 · 842 companies €10.6m View
  • Wallonia-Brussels supportpaid from 2021 to 2025 €29.5m View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 5 profitable years in a rowprofit 2025: €10.6m, mostly one-off 5 years View

Recent changes

  1. · Gazette deed Registered office moved within BruxellesResignations: Cosmina Calencea, Juliana Kitsiabi Ngimbi and Sarah Clément · Appointments: Cosmina Calencea, Juliana Kitsiabi Ngimbi and Sarah Clément
  2. · Gazette deed Appointment: Callens,Vandelanotte & Theunissen (commissaire aux comptes)
  3. · Gazette deed Resignations: Edwin de Hertog, Furayah Kayembe Kalunga and 2 othersAppointments: CALANCEA Cosmina, KITSIABI Juliana and 2 others
All 22 events

Comparable companies

These companies have the same main activity as Haute Ecole Galilée: education (NACE 85402). They are comparable in size and age: total assets between €35m and €83m, founded between 1995 and 2009.

CompanyTotal assetsTurnover
Haute Ecole Galilée Brussel€59.4m€1.6m
Ilya Prigogine Elsene€43.5m€1.7m
Haute Ecole ICHEC - ECAM - ISFSC Sint-Pieters-Woluwe€35.4m€4.2m
Haute Ecole Libre Mosane Liège€74.7m€4.0m
Katholieke Hogeschool VIVES Noord Kortrijk€64.4m€39.2m
Haute École Louvain en Hainaut Mons€83.1m€3.8m
LUCA School of Arts Schaarbeek€78.7m€59.0m
Full comparison

Key facts about Haute Ecole Galilée

What is the company number of Haute Ecole Galilée?
The company number of Haute Ecole Galilée is 0458.880.274. The VAT number is the same number with BE in front: BE 0458.880.274.
Where is Haute Ecole Galilée based?
The registered office is at Stoofstraat 58, 1000 Brussel.Company details
What does Haute Ecole Galilée do?
According to the KBO register, the main activity is education (NACE 85402).
What is the legal form of Haute Ecole Galilée?
The legal form of Haute Ecole Galilée is Non-profit association (VZW).
When was Haute Ecole Galilée founded?
Haute Ecole Galilée was founded on 03-07-1996.
Is Haute Ecole Galilée still active?
Yes, Haute Ecole Galilée is an active enterprise in the KBO register.
How many employees does Haute Ecole Galilée have?
Haute Ecole Galilée had an average of 37.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Haute Ecole Galilée fall under?
In its 2025 annual accounts, Haute Ecole Galilée states joint committees 152 (Paritair Comité voor de gesubsidieerde inrichtingen van het vrij onderwijs) and 225 (Paritair Comité voor de bedienden van de inrichtingen van het gesubsidieerd vrij onderwijs).
What is the turnover of Haute Ecole Galilée?
The turnover of Haute Ecole Galilée was €1.6m in financial year 2025, according to the filed annual accounts.
Is Haute Ecole Galilée profitable?
In financial year 2025, Haute Ecole Galilée made a profit of €10.6m.
Where can I find the annual accounts of Haute Ecole Galilée?
Haute Ecole Galilée filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Haute Ecole Galilée due?
Haute Ecole Galilée must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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