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INSTITUT JULES DESTREE

Active
Non-profit associationfounded 1938active for 87 yearsRue Saint-Nicolas 24, 5000 Namur, BelgiumKBO/BCE: BE 0406.517.102
Summary

The latest annual accounts of INSTITUT JULES DESTREE were filed more than 90 days after the deadline. The 2019 annual accounts show equity of €91,275 and a net result of -€58,574. The association has been active since 1938 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.3% (low).

INSTITUT JULES DESTREEActive

Overview

Activity
Other printing
NACE 18120Other membership organisations NACE 94999
1 site
Size
€547,061total assets 2019
Staff
5.6 FTE
Equity
€91,275
Deficit
-€58,574
Financial health
Bankruptcy probabilitywithin 12 months
1.3%
2019 figures too old to score
Structure
Accounts 1904 days overdue1 of 9 deeds read
Signalsraises riskLiquidity: current ratio 0.74, cash €1,637Figures for financial year 2019 (filed 05-01-2021)Latest accounts 152 days late; 3 of the last 3 lateFiled more than 90 days latelowers riskLegal form: non-profit associationneutralNo filing for yearsShow the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2019 are too old to assess current financial health.
Filing: Filed more than 90 days late
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Financial strength, FY 2019 · tick = 2018
Weak
Solvency 42+4
equity 16.7% of total assets
Liquidity 17+4
short-term debt 63.8% · cash 0.3%
Profitability 11-43
return on assets -10.7%
Bankruptcy probability, 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (1,609 companies, NACE 18, micro)
Last 24 months 11-2024: 1.3%highest value 12-2024: 1.3%● unchanged vs 11-2024highest value 01-2025: 1.3%● unchanged vs 12-2024highest value 02-2025: 1.3%● unchanged vs 01-2025highest value 03-2025: 1.3%● unchanged vs 02-2025highest value 04-2025: 1.3%● unchanged vs 03-2025highest value 05-2025: 1.3%● unchanged vs 04-2025highest value 06-2025: 1.3%● unchanged vs 05-2025highest value 07-2025: 1.3%● unchanged vs 06-2025highest value 08-2025: 1.3%● unchanged vs 07-2025highest value 09-2025: 1.3%● unchanged vs 08-2025highest value 10-2025: 1.3%● unchanged vs 09-2025highest value 11-2025: 1.3%● unchanged vs 10-2025highest value 12-2025: 1.3%● unchanged vs 11-2025highest value 01-2026: 1.3%● unchanged vs 12-2025highest value 02-2026: 1.3%● unchanged vs 01-2026highest value 03-2026: 1.3%● unchanged vs 02-2026highest value 04-2026: 1.3%● unchanged vs 03-2026highest value 05-2026: 1.3%● unchanged vs 04-2026highest value 06-2026: 1.3%● unchanged vs 05-2026highest value 07-2026: 1.3%● unchanged vs 06-2026highest value 08-2026: 1.3%● unchanged vs 07-2026highest value 09-2026: 1.3%● unchanged vs 08-2026highest value 10-2026: 1.3%● unchanged vs 09-2026highest value
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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Legal form: non-profit association
KBO
raises risk · Liquidity: current ratio 0.74, cash €1,637
NBB · annual accounts
raises risk · Figures for financial year 2019 (filed 05-01-2021)
NBB · annual accounts
raises risk · Latest accounts 152 days late; 3 of the last 3 late
NBB · filings
neutral · No filing for years
The last filed financial year closed on 31-12-2019. Since then, 6 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filings
Position against the passed deadline
31-12-2020 year end31-07-2021 deadline17-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 30-12-2020, 152 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
152 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2019 accounts 152 days after the deadline; the sector median (NACE 18) for financial year 2024 is 5 days before the deadline, and 38% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Reappointments: Philippe Destatte, Bernadette Mérenne-Schoumaker and…Gazette deed
  2. Annual accounts filedfinancial year 2019 · full…
  3. Annual accounts filedfinancial year 2018 · full…

Key points

  • Risk: Accounts not fileddeadline was 31-07-2021 1904 days late View
  • Active since 1938founded 29-10-1938 87 years View
  • Caution: From profit to loss in 2019after €20,490 in 2018 -€58,574 View

By topic

Financials

Financial year
2019
Total assets
€547,061
Loss
-€58,574
Solvency
16.7%
Total assets▲ 73.7%
Net result
20182019
Go to Financials

Timeline

Events
15
Since
2007
  1. 11-12-2018Annual accounts filed
  2. 07-12-2017Annual accounts filed
  3. 29-08-2016Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Non-profit association
Activity
Other printingNACE 18120
Founded
29-10-1938
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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