INSTITUT
ActiveSummary
INSTITUT has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €56,493 and a net result of €246. Equity has been stable since 2018 (±0% per year). Its solvency ranks better than 39% of 13,741 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 13-11-1990 Normal situation
- Activity
- Wholesale of cars and light vans (up to 3.5 tonnes) NACE 46711and 1 other
- Establishment units
- 2.050.651.462 1050 Elsene, since 08-04-2002
- 2.294.229.548 1640 Sint-Genesius-Rode, since 19-09-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 13-11-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
Annual accounts 2025
- Gross margin
- €76,635
- ▼ 7.4%
- Turnover
- ≈ €410,000
- estimated
- Profit
- €246
- ▼ 94.2%
- Equity
- €56,493
- ▲ 0.4%
- Total assets
- €217,351
- ▼ 9.9%
- Staff
- ≈ 1 FTE
- estimated
Score breakdownlowers riskFounded in 1990Liquidity: current ratio 1.54, cash €55,600Size: total assets €217,351Figures for financial year 2025 (filed on 08-06-2026)Show the evidence
Checked score
Score 2025
94
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 50% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Strong
Solvency
51+3
equity 26.0% of total assets
Liquidity
74+3
short-term debt 23.4% · cash 25.6%
Profitability
55-12
return on assets 0.1%
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).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.3%▲ +0.1 percentage points vs 06-2025highest value
08-2025: 0.1%▼ -0.2 percentage points vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
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 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Credit of up to €5,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.54 (1.46 in 2024), above the usual 1.5. Short-term debt is 23.4% and cash 25.6% of total assets. However, 74% 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 46, micro). It does better than 37% of them on solvency, 78% on liquidity, 41% on profitability and 42% on growth.
The bankruptcy probability was computed on 02-11-2026 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).
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
Five signals.
lowers 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 08-06-2026, 53 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
53 days early
2024
30 days early
2023
28 days early
2022
27 days early
2021
81 days late
2020
92 days late
2019
122 days late
← 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 22 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% 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 (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 08-06-2026 PDF all 34 filings
Turnover
≈ €410,000
Estimated: probably between €200,000 and €710,000
EBIT margin
Not included in this filing
Net result
€246▼ 94.2%
2024 · €4,224
Working capital
€27,466▲ 5.6%
2024 · €26,009
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is 48% lower than in 2024.
Operating result€8,955
2025
Net result€246
2025
Total assets€217,351
2025
Equity€56,493
2025
Debt€160,858
2025
Working capital€27,466
2025
Return on assets (ROA)0.1%
2025
Solvency26.0%
2025
Current ratio1.54
2025
Staff (FTE)2
2020
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Wholesale trade (NACE 46). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€31,058-€30,270▼ 2.5%€8,910▼ 70.6%€8,863▼ 0.5%€27,185▲ 207%€7,439▼ 72.6%€17,355▲ 133%€8,955▼ 48.4%
Net result€19,859-€17,401▼ 12.4%€850within the sector's middle half▼ 95.1%€2,513within the sector's middle half▲ 196%€14,239within the sector's middle half▲ 467%-€2,207within the sector's middle half€4,224within the sector's middle half€246within the sector's middle half▼ 94.2%
Equity€51,526-€68,927▲ 33.8%€69,777within the sector's middle half▲ 1.2%€57,290within the sector's middle half▼ 17.9%€71,529within the sector's middle half▲ 24.9%€69,322within the sector's middle half▼ 3.1%€56,247within the sector's middle half▼ 18.9%€56,493within the sector's middle half▲ 0.4%
Total assets€282,145-€336,129▲ 19.1%€315,720within the sector's middle half▼ 6.1%€300,098within the sector's middle half▼ 4.9%€292,392within the sector's middle half▼ 2.6%€266,131within the sector's middle half▼ 9.0%€241,266within the sector's middle half▼ 9.3%€217,351within the sector's middle half▼ 9.9%
Debt€230,619-€267,202▲ 15.9%€245,943▼ 8.0%€242,808▼ 1.3%€220,863▼ 9.0%€196,809▼ 10.9%€185,019▼ 6.0%€160,858▼ 13.1%
Working capital€28,184--€22,362€42,020within the sector's middle half€36,072within the sector's middle half▼ 14.2%€39,552within the sector's middle half▲ 9.6%€41,158within the sector's middle half▲ 4.1%€26,009within the sector's middle half▼ 36.8%€27,466within the sector's middle half▲ 5.6%
Solvency18.3%-20.5%▲ 2.2pp22.1%within the sector's middle half▲ 1.6pp19.1%within the sector's middle half▼ 3.0pp24.5%within the sector's middle half▲ 5.4pp26.0%within the sector's middle half▲ 1.6pp23.3%within the sector's middle half▼ 2.7pp26.0%within the sector's middle half▲ 2.7pp
Current ratio1.46-0.77▼ 0.692.09within the sector's middle half▲ 1.321.67within the sector's middle half▼ 0.421.84within the sector's middle half▲ 0.181.89within the sector's middle half▲ 0.051.46within the sector's middle half▼ 0.431.54within the sector's middle half▲ 0.08
Return on assets (ROA)7.0%-5.2%▼ 1.9pp0.3%within the sector's middle half▼ 4.9pp0.8%within the sector's middle half▲ 0.6pp4.9%within the sector's middle half▲ 4.0pp-0.8%within the sector's middle half▼ 5.7pp1.8%within the sector's middle half▲ 2.6pp0.1%within the sector's middle half▼ 1.6pp
Staff (FTE)1.3-2▲ 53.8%2within the sector's middle half=
above
within
below
The sector band is the middle half of the companies in Wholesale trade (NACE 46). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €217,351
Fixed assets
€139,079 ▼ 12.5%
Current assets
€78,272 ▼ 4.9%
Equity and liabilities €217,351
Equity
€56,493 ▲ 0.4%
Debt
€160,858 ▼ 13.1%
Debt's share of the balance-sheet total falls from 76.7% to 74.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€28,873▼
2024 · €37,272
Cash flow
€20,164▼
2024 · €24,142
Quick ratio
1.12▲
2024 · 1.03
Debt to equity
2.85▼
2024 · 3.29
ROE
0.4%▼
2024 · 7.5%
Interest coverage
4.30▼
2024 · 5.51
Debt ≤ 1 year
€50,806▼
2024 · €56,260
Debt > 1 year
€108,552▼
2024 · €127,259
Income taxes
€2,499▼
2024 · €6,715
Staff costs
€43,583▲
2024 · €42,395
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Mortgages, amount registered | - | €110,000 | €110,000 | €110,000 | €110,000 |
| Carrying value of the mortgaged assets | - | €130,101 | €118,643 | €107,185 | €95,727 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €23,000 | - | - | - |
| Financial fixed assets | - | - | - | - | €0 |
| Depreciation and write-downs of the year | €25,322 | €26,847 | €27,052 | €19,918 | €19,918 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €50,250 | €35,047 | €40,775 | €42,395 | €43,583 | ▲ 2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17,095 | €37,962 | €25,322 | €25,322 | €26,847 | €27,052 | €19,918 | €19,918 | = |
| Other operating charges640/8 | - | - | - | €3,048 | €2,682 | €3,343 | €3,125 | €4,179 | ▲ 33.7% |
| Gross operating margin9900 | €92,477 | €143,154 | €89,827 | €87,483 | €91,761 | €78,609 | €82,793 | €76,635 | ▼ 7.4% |
| Operating profit (loss)9901 | €31,058 | €30,270 | €8,910 | €8,863 | €27,185 | €7,439 | €17,355 | €8,955 | ▼ 48.4% |
| Financial income75/76B | - | - | - | €639 | €0 | €5 | €348 | €503 | ▲ 44.6% |
| Recurring financial income75 | €0 | €6 | €626 | €639 | €0 | €5 | €348 | €503 | ▲ 44.6% |
| Financial charges65/66B | - | - | - | €7,279 | €7,165 | €7,611 | €6,763 | €6,712 | ▼ 0.8% |
| Recurring financial charges65 | €6,777 | €5,478 | €6,336 | €7,279 | €7,165 | €7,611 | €6,763 | €6,712 | ▼ 0.8% |
| Profit (loss) for the period before taxes9903 | €24,281 | €24,798 | €3,199 | €2,223 | €20,019 | -€167 | €10,939 | €2,745 | ▼ 74.9% |
| Income taxes67/77 | €4,422 | €7,397 | €2,349 | -€290 | €5,780 | €2,040 | €6,715 | €2,499 | ▼ 62.8% |
| Profit (loss) for the period9904 | €19,859 | €17,401 | €850 | €2,513 | €14,239 | -€2,207 | €4,224 | €246 | ▼ 94.2% |
| Profit (loss) for the period to be appropriated9905 | €19,859 | €17,401 | €850 | €2,513 | €14,239 | -€2,207 | €4,224 | €246 | ▼ 94.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €282,145 | €336,129 | €315,720 | €300,098 | €292,392 | €266,131 | €241,266 | €217,351 | ▼ 9.9% |
| Fixed assets21/28 | €192,986 | €260,458 | €235,136 | €209,814 | €205,966 | €178,914 | €158,997 | €139,079 | ▼ 12.5% |
| Tangible fixed assets22/27 | €192,664 | €260,136 | €234,814 | €209,491 | €205,644 | €178,592 | €158,675 | €138,757 | ▼ 12.6% |
| Land and buildings22 | - | - | - | €182,456 | €166,677 | €150,899 | €135,120 | €119,342 | ▼ 11.7% |
| Plant, machinery and equipment23 | - | - | - | €14,474 | €32,686 | €27,694 | €23,554 | €19,415 | ▼ 17.6% |
| Furniture and vehicles24 | - | - | - | €12,562 | €6,281 | €0 | - | - | - |
| Financial fixed assets28 | €322 | €322 | €322 | €322 | €322 | €322 | €322 | €322 | = |
| Current assets29/58 | €89,159 | €75,671 | €80,584 | €90,284 | €86,426 | €87,217 | €82,269 | €78,272 | ▼ 4.9% |
| Stocks and contracts in progress3 | €14,310 | €15,398 | €15,692 | €18,361 | €24,063 | €26,775 | €24,504 | €21,275 | ▼ 13.2% |
| Stocks30/36 | - | - | - | €18,361 | €24,063 | €26,775 | €24,504 | €21,275 | ▼ 13.2% |
| Amounts receivable within one year40/41 | €688 | €866 | €10,651 | €12,663 | €4,378 | €181 | €124 | €124 | = |
| Trade receivables40 | - | - | - | €214 | €2,316 | €181 | €0 | - | - |
| Other amounts receivable41 | - | - | - | €12,449 | €2,062 | €0 | €124 | €124 | = |
| Cash at bank and in hand54/58 | €72,652 | €53,458 | €51,860 | €59,260 | €57,081 | €60,203 | €56,083 | €55,600 | ▼ 0.9% |
| Deferred charges and accrued income490/1 | - | - | - | - | €903 | €58 | €1,558 | €1,273 | ▼ 18.3% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €282,145 | €336,129 | €315,720 | €300,098 | €292,392 | €266,131 | €241,266 | €217,351 | ▼ 9.9% |
| Equity10/15 | €51,526 | €68,927 | €69,777 | €57,290 | €71,529 | €69,322 | €56,247 | €56,493 | ▲ 0.4% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €3,440 | €20,740 | €21,590 | €24,103 | €38,342 | €38,342 | €25,267 | €25,267 | = |
| Non-distributable reserves130/1 | - | - | - | €3,440 | €3,440 | €3,440 | €3,440 | €3,440 | = |
| Reserves not available under the articles1311 | - | - | - | €3,440 | €3,440 | €3,440 | €3,440 | €3,440 | = |
| Distributable reserves133 | - | - | - | €20,663 | €34,902 | €34,902 | €21,827 | €21,827 | = |
| Profit (loss) carried forward14 | €29,486 | €29,587 | €29,587 | €14,587 | €14,587 | €12,380 | €12,380 | €12,626 | ▲ 2.0% |
| Amounts payable17/49 | €230,619 | €267,202 | €245,943 | €242,808 | €220,863 | €196,809 | €185,019 | €160,858 | ▼ 13.1% |
| Amounts payable after more than one year17 | €169,644 | €168,935 | €207,379 | €187,096 | €172,490 | €149,250 | €127,259 | €108,552 | ▼ 14.7% |
| Financial debts170/4 | - | - | - | €187,096 | €172,490 | €149,250 | €127,259 | €108,552 | ▼ 14.7% |
| Amounts payable within one year42/48 | €60,975 | €98,033 | €38,564 | €54,212 | €46,873 | €46,059 | €56,260 | €50,806 | ▼ 9.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | €20,283 | €23,230 | €23,674 | €21,991 | €18,707 | ▼ 14.9% |
| Trade debts44 | €5,714 | €52,776 | €2,243 | €6,062 | €8,419 | €1,265 | €1,558 | €1,040 | ▼ 33.2% |
| Suppliers440/4 | - | - | - | €6,062 | €8,419 | €1,265 | €1,558 | €1,040 | ▼ 33.2% |
| Taxes, remuneration and social security45 | - | - | - | €12,867 | €10,398 | €15,639 | €15,133 | €13,046 | ▼ 13.8% |
| Taxes450/3 | - | - | - | €3,405 | €5,093 | €8,133 | €7,413 | €5,098 | ▼ 31.2% |
| Remuneration and social security454/9 | - | - | - | €9,463 | €5,305 | €7,505 | €7,719 | €7,948 | ▲ 3.0% |
| Other amounts payable47/48 | - | - | - | €15,000 | €4,826 | €5,481 | €17,578 | €18,013 | ▲ 2.5% |
| Accrued charges and deferred income492/3 | - | - | - | €1,500 | €1,500 | €1,500 | €1,500 | €1,500 | = |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €19,859 | €17,401 | €850 | €2,513 | €14,239 | -€2,207 | €4,224 | €246 | ▼ 94.2% |
| + Depreciation and write-downs630 | €17,095 | €37,962 | €25,322 | €25,322 | €26,847 | €27,052 | €19,918 | €19,918 | = |
| Operating cash flow (approximation) | €36,954 | €55,363 | €26,172 | €27,835 | €41,087 | €24,845 | €24,142 | €20,164 | ▼ 16.5% |
| Investment in fixed assets (approximation) | - | -€105,434 | €0 | €0 | -€23,000 | €0 | €0 | €0 | - |
| Change in cash | - | -€19,195 | -€1,597 | €7,400 | -€2,180 | €3,122 | -€4,120 | -€484 | ▲ 88.3% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 3,984 companies had the same profile as INSTITUT has now. Two years later, 96.5% were still going and 1.1% had gone bankrupt.
- Micro
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
96.5%
was still going
2.3%
stopped otherwise
1.1%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of INSTITUT itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 3,984 companies, not a prediction for INSTITUT. 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.
Latest 10 of 34 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 08-06-2026 | 2026-00142131 | |
| 31-12-2024 | micro format | 01-07-2025 | 2025-00204718 | |
| 31-12-2023 | micro format | 03-07-2024 | 2024-00199939 | |
| 31-12-2022 | micro format | 04-07-2023 | 2023-00194696 | |
| 31-12-2021 | micro format | 20-10-2022 | 2022-20467781 | |
| 31-12-2020 | micro format | 31-10-2021 | 2021-76700226 | |
| 31-12-2019 | micro format | 30-11-2020 | 2020-74500253 | |
| 31-12-2018 | full format | 30-07-2019 | 2019-44000273 | |
| 31-12-2017 | full format | 31-07-2018 | 2018-40200375 | |
| 31-12-2016 | full format | 26-07-2017 | 2017-34700411 |
Board & ownership
Directors
Directors
1 director, last change in 2023
THISSEN Valérie
Current
Administrateur non statutaire · since 25-09-2017 · earlier manager and director, until 27-04-2023 · term without a fixed end · listed in the 2025 annual accounts, filed on 08-06-2026
Owners and capital
Capital transactions
Capital over time
- 27-04-2023 Converted to unavailable equity
Mandate history
1 person, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| THISSEN Valérie |
|
Network & group
INSTITUT shares no director with another company.
Companies at the same address
1 other companyConnections & network
1 current directorThe network starts from the directors of INSTITUT. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
08-06
micro format · 53 days before the deadline
2025
01-07
micro format · 30 days before the deadline
2024
31-12
Financial
Back to profitnet €4,224
The net result is €4,224, after one loss-making year.
03-07
micro format · 28 days before the deadline
2023
31-12
Financial
Weakest financial yearnet -€2,207
The net result drops to -€2,207, the lowest from 2018 to 2025. It recovers the following year.
04-07
micro format · 27 days before the deadline
27-04
Gazette deed
Change of role: THISSEN Valérie, from manager and director to administrateur non statutaireAmendment of the articles · Capital conversion · Share issue9 points ▸
Gazette deed
Change of role: THISSEN Valérie, from manager and director to administrateur non statutaire
Amendment of the articles · Capital conversion · Share issue9 points ▸
- Other provision, 0, “droits perçus” (deed in French)
- General meeting, 21-04-2023
- Amendment of the articles, mentioned 2 times in the deed
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Share issue, 2090, “Article 5” (deed in French)
- Director resignation, THISSEN Valérie (manager and director)
- Director discharge, THISSEN Valérie
- Director appointment, THISSEN Valérie (administrateur non statutaire)
- Registered office clause, “Ixelles (1050 Bruxelles), rue Emmanuel Van Driessche 37” (deed in French)
2022
20-10
micro format · 81 days late
2021
31-10
micro format · 92 days late
2020
31-12
Financial
Liquidity more than doubledcurrent ratio 2.09
The current ratio rises from 0.77 to 2.09. Short-term debt falls from €98,033 to €38,564.
30-11
micro format · 122 days late
2019
30-07
full format · 1 day before the deadline
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
INSTITUT in French
Enterprise number
0441.980.894
Legal form
Private limited company
Status
Active, normale toestand
Founded
13-11-1990
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 27-04-2023 (in French)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Région de Bruxelles-Capitale, Article 2”
deed of 27-04-2023 (in French)Registered office and establishments
Registered office
Emmanuel Van Driesschestraat 37, 1050 Elsene, Belgium
Establishment units
Emmanuel Van Driesschestraat 37, 1050 Elsene since 08-04-2002 · unit number 2.050.651.46296220 Beauty care and other beauty treatments
Institut, Leeuwerikenlaan 18, 1640 Sint-Genesius-Rode since 19-09-2019 · unit number 2.294.229.54896220 Beauty care and other beauty treatments
Activities
NACEBEL 2025VAT activities
46711
Wholesale of cars and light vans (up to 3.5 tonnes) main activity
96220
Beauty care and other beauty treatments
Social security (RSZ) activities
96220
Beauty care and other beauty treatments main activity
Codes under NACEBEL 2008
VAT activities
45111
main activity
96022
Beauty treatment
Social security (RSZ) activities
96022
Beauty treatment main activity
Codes under NACEBEL 2003
50101
main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 27-04-2023 (in French)
“L'achat,l'importation,la vente,l'exportation,la gestion,la location de camions neufs ou d'occasion; L'achat,l'importation,la…”
10 activities
- L'achat,l'importation,la vente,l'exportation,la gestion,la location de camions neufs ou d'occasion
- L'achat,l'importation,la vente,l'exportation,la gestion,la location de tout matériel divers
- La location de matériel de manutention et d'élévation,y compris les camions équipés de bennes à immondices,d'élévateurs à nacelle,de grues,de bennes,de balayeuses,sans que cette énumération soit limitative
- L'achat,l'importation,la vente,l'exportation,la gestion,l'exploitation,la fabrication de matériel de manutention et d'élévation,de pièces de rechange y relatives et en général de tous produits,de tous articles et de toutes matières se rattachant directement ou indirectement à l'objet ci-dessus
- La recherche,la prise,l'achat,la vente et l'exploitation de tous les brevets,licences,procédés et marques de fabrique concernant l'objet social,la constitution de toutes sociétés,associations,participations,syndicats,agences,comptoirs de vente,se rattachant aux entreprises ci-dessus indiquées,la prise d'intérêts dans toutes sociétés,associations,participations,syndicats,agences,comptoirs de vente,existantes ou à créer,par voie d'apports,souscription ou achat d'actions,de parts,ou de toutes autres manières;la fusion avec toutes autres sociétés ou entreprises et,généralement,toutes opérations commerciales,industrielles,financières,mobilières ou immobilières se rattachant directement ou indirectement à l'objet social
- L'achat,l'importation,la vente,l'exportation,l'installation,la location,l'entretien d'équipements destinés à la commercialisation du N.G.V.«natural gas vehicles» Ou de tout autres systèmes d'énergies alternatives-comme hydrogènes,L.F.G,Méthanol,traction électrique
- La vente et l'installation de tout appareils électroniques ou autre concernant la modification des moteurs en général pour améliorer les systèmes de combustion,à émission et de sécurité
- L'exploitation d'instituts de beauté,y compris sans que cette énumération soit limitative,les conseils en beauté et les soins du visage,massage faciaux,traitement anti-rides,maquillage,les soins de la peau et l'épilation,les soins de manucure et de pédicure,la vente des produits y afférent,etc
- Les activités et services liés à l'entretien corporel,au bien-être et au confort physique tels ceux fournis dans les établissements de thalassothérapie,les stations thermales,les bains turcs,les saunas,les bains de vapeur,les solariums,les instituts de massage,etc
- L'exploitation de centres de fitness et salles de gymnastique,de musculation,d'aérobic,de body-building,etc y compris l'accompagnement de la clientèle sur le plan sportif
Invoicing and payment
VAT number
BE 0441.980.894
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Monday of June at 19:00
deed of 27-04-2023 (in French)Sites & property
Location
Buildings and parcels at the addresses
Ground area
900 m²
Building footprint
170 m²
Building volume
1,168 m³
Tallest building: 17.5 m.
Flanders
1
(50%)
Brussels
1
(50%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 22552F0002/00D069 | Flanders | 796 m² | 1 · 135 m² | 7.5 m · 2 |
| 21447B0306/00C015 | Brussels | 104 m² | 1 · 34 m² | 17.5 m · 5 |