Institut des Sacrés - Coeurs
The computed 12-month bankruptcy probability of Institut des Sacrés - Coeurs is < 0.1% (very low). The 2023 annual accounts show equity of €2.21M and a net result of €71k. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 75% of 59 sector peers (fiscal year 2023). The company has been active since 1955 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €2.21M |
| Net result | €71k |
| Staff (FTE) | 12 |
| Better than sector | 75% |
Strong profile, led by solvency.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 81.0% | 55.2% | |
| Net result | €71k | €6k | |
| Equity | €2.21M | €434k | |
| Gross operating margin | €9.61M | €427k | |
| Staff costs | €9.40M | €977k |
Show 13 other metrics
| Fiscal year | 2023 |
|---|---|
| Deposit | volledig |
| Revenue | - |
| EBITDA | €180k |
| Net profit | €71k |
| Cash flow | €179k |
| Staff costs | €9.40M |
| Income taxes | - |
| Dividends | - |
| Total assets | €2.72M |
| Equity | €2.21M |
| Debt | €326k |
| of which ≤ 1y | €137k |
| of which > 1y | €147k |
| Working capital | €2.07M |
| Employees (FTE) | 12.0 |
| 2023 | |
|---|---|
| Current ratio | 16.14 |
| Quick ratio | 16.14 |
| Working capital ratio | 76.0% |
| Solvency | 81.0% |
| Debt / equity | 0.15 |
| Long-term debt ratio | 0.07 |
| Interest coverage | 57.67 |
| Gross margin | - |
| Net margin | - |
| ROA | 2.6% |
| ROE | 3.2% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | 26d |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (23 line items)
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €2.72M |
| Fixed assets | 21/28 | €516k |
| Tangible fixed assets | 22/27 | €516k |
| Current assets | 29/58 | €2.21M |
| Amounts receivable within one year | 40/41 | €478k |
| Cash & bank | 54/58 | €1.73M |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €2.72M |
| Equity | 10/15 | €2.21M |
| Contributions / capital | 10/11 | €294k |
| Reserves | 13 | €681k |
| Accumulated profits (losses) | 14 | €1.20M |
| Provisions & deferred taxes | 16 | €190k |
| Amounts payable | 17/49 | €326k |
| Amounts payable after one year | 17 | €147k |
| Amounts payable within one year | 42/48 | €137k |
| Trade debts payable within one year | 44 | €77k |
| Income statement | ||
| Gross operating margin | 9900 | €9.61M |
| Operating result | 9901 | €72k |
| Financial income | 75 | €3k |
| Financial charges | 65 | €3k |
| Result before taxes | 9903 | €71k |
| Net result for the period | 9904 | €71k |
| Result to be appropriated | 9905 | €71k |
-
DEGRAEVE ChristianManaging directorState Gazette act 25045580 (07-04-2025)Current07-04-2025 → present
-
DESIRANT Anne-FrançoiseManaging directorState Gazette act 25045580 (07-04-2025)Current07-04-2025 → present
-
VAN HECKE CarineManaging directorState Gazette act 25045580 (07-04-2025)Current07-04-2025 → present
-
WAUTERS PhilippeManaging directorState Gazette act 25045580 (07-04-2025)Current07-04-2025 → present
-
DEKELVER PatrickChairState Gazette act 23002913 (05-01-2023)Current05-01-2023 → present
Former directors (2)
-
FLANDROIS MichelDirector (executive)State Gazette act 23002913 (05-01-2023)Former- → 05-01-2023
-
LIBER RogerDirector (executive)State Gazette act 23002913 (05-01-2023)Former- → 05-01-2023
| NACE primary | Vrij gesubsidieerd gewoon algemeen secundair onderwijs(85314) |
| Legal form | Non-profit association(017) |
| Incorporation | 10-12-1955 |
| Status | Active |
| Postal code | 1410 |
Each band states what its claims rest on. A board seat is influence over the board, not ownership. Court mandates (receiver, interim administrator) and liquidation mandates do not link companies and are therefore absent here; they belong under Directors & mandates.
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25762H0355/00C000 | Wallonia | 858 m² | 1 · 256 m² | 10.5 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 12 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
07-04-2025 4 directors appointed
- DESIRANT Anne-Françoise, Gedelegeerd bestuurder
- WAUTERS Philippe, Gedelegeerd bestuurder
- DEGRAEVE Christian, Gedelegeerd bestuurder
- VAN HECKE Carine, Gedelegeerd bestuurder
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}05-01-2023 2 directors appointed, 2 resigning
- TAILDEMAN Yves, Commissaris
- DEKELVER Patrick, Voorzitter
- FLANDROIS Michel, Directeur
- LIBER Roger, Directeur
Technical details
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}| Legal nameFR | Institut des Sacrés - Coeurs |