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Generated 27-07-2026
Active BE 0406.466.721Non-profit association

Institut Notre Dame

de Fiennesstraat 66 ·1070 Anderlecht, Belgium· 63 yrs active
Sector: NACE 85314 (85314)
Conclusion Checked

The computed 12-month bankruptcy probability of Institut Notre Dame is < 0.1% (very low). The 2023 annual accounts show equity of €8.22M and a net result of €-339k. Equity remains stable across the filed fiscal years (±1.8% per year). Its solvency ranks better than 57% of 84 sector peers (fiscal year 2023). The company has been active since 1963 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 6 annual accounts.
Key figures
Equity €8.22M
Net result €-339k
Better than sector 57%
Active 63 yrs
Snowflake analysis 5 axes · computed by Checked
Health67Profitability14Solvency99Growth43Stability100
65 / 100

Strong profile, led by stability.

Health 67
Profitability 14
Solvency 99
Growth 43
Stability 100
Bankruptcy probability (12 mo) Checked model v1 · free
< 0.1% Very low
0%0,5%1,5%4%10%≥25%
Lower-risk legal form −Lower-failure-rate sector −Multiple establishment units +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
Long-established
Founded in 1963, 63 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2023 · computed
67 / 100 Healthy
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 18-12-2024 with the NBB · fiscal year 2023 · verkort
€-2.00M€0€2.00M€4.00MRevenue 2019: €1.22M€1.22MOperating result 2019: €577k€577kNet result 2019: €3.59M€3.59MRevenue 2020: €569k€569kOperating result 2020: €479k€479kNet result 2020: €4.04M€4.04MRevenue 2021: €729k€729kOperating result 2021: €35k€35kNet result 2021: €11k€11kRevenue 2022: €985k€985kOperating result 2022: €370k€370kNet result 2022: €336k€336kRevenue 2023: €1.06M€1.06MOperating result 2023: €-323k€-323kNet result 2023: €-339k€-339k20192020202120222023
RevenueOperating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
stable Equity: stable across 6 fiscal years (±1.8%/year).
€7.00M€8.00M€9.00M€10.00M2024: €8.87M (€8.21M - €9.53M)2025: €9.02M (€8.36M - €9.67M)2026: €9.16M (€8.49M - €9.84M)2018: €7.24M2019: €8.16M2020: €8.59M2021: €8.40M2022: €8.60M2023: €8.22M201820192020202120222023202420252026
Solid line = filed figures · dashed = extended trend · area = indicative range.
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).

Sector comparison
Fiscal year 2023 · NACE 85 · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency 61.1% 52.2%
better than 57% of 84 sector peers
Net result €-339k €19k
better than 5% of 84 sector peers
Equity €8.22M €220k
better than 95% of 84 sector peers
Staff costs €18.40M €515k
higher than 95% of 54 sector peers
Employees (FTE) 0.0 11.1
better than 5% of 46 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Revenue
€1.06M
+7.3% +208% vs sector
EBITDA
€91k
-87.5% -36% vs sector
Net profit
€-339k
- far below sector median
Cash flow
€75k
-89.1% -53% vs sector
Total assets
€13.46M
+0.9% far above sector median
Equity
€8.22M
-4.4% far above sector median
Working capital
€4.12M
-2.2% +238% vs sector
Employees (FTE)
0
-100.0% -100% vs sector
Staff costs
€18.40M
+5.7% +130% vs sector
Income taxes
€1k
- 18-23
Debt
€5.24M
+10.5% far above sector median
Debt ≤ 1y
€1.16M
+6.9% far above sector median
Debt > 1y
€3.82M
+10.2% far above sector median
Current ratio
4.56
-6.8% -43% vs sector
Quick ratio
4.56
-6.8% -43% vs sector
Solvency
61.1%
-5.2% -22% vs sector
Debt / equity
0.64
+15.5% +62% vs sector
ROE
-4.1%
- far below sector median
ROA
-2.5%
- far below sector median
Net margin
-32.0%
- -150% vs sector
EBITDA margin
8.6%
-88.3% -73% vs sector
Interest coverage
2.14
-90.0% -89% vs sector
Figures by fiscal year
Fiscal year2023
Revenue€1.06M
EBITDA€91k
Net profit€-339k
Cash flow€75k
Staff costs€18.40M
Income taxes€1k
Dividends-
Total assets€13.46M
Equity€8.22M
Debt€5.24M
of which ≤ 1y€1.16M
of which > 1y€3.82M
Working capital€4.12M
Employees (FTE)0.0
Ratios (computed)
2023
Current ratio4.56
Quick ratio4.56
Working capital ratio30.6%
Solvency61.1%
Debt / equity0.64
Long-term debt ratio0.46
Interest coverage2.14
Gross margin50.4%
Net margin-32.0%
ROA-2.5%
ROE-4.1%
EBITDA margin8.6%
Days sales outstanding79d
Days payable outstanding152d
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2023
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet, Assets
TOTAL ASSETS 20/58€13.46M
Fixed assets 21/28€8.18M
Tangible fixed assets 22/27€8.18M
Financial fixed assets 28€75
Current assets 29/58€5.27M
Amounts receivable within one year 40/41€1.38M
Investments 50/53€1.70M
Cash & bank 54/58€2.16M
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€13.46M
Equity 10/15€8.22M
Accumulated profits (losses) 14€4.04M
Amounts payable 17/49€5.24M
Amounts payable after one year 17€3.82M
Amounts payable within one year 42/48€1.16M
Trade debts payable within one year 44€218k
Income statement
Turnover 70€1.06M
Operating result 9901€-323k
Financial income 75€28k
Financial charges 65€43k
Result before taxes 9903€-337k
Income taxes 67/77€1k
Net result for the period 9904€-339k
Result to be appropriated 9905€-339k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary 85314
Legal form Non-profit association(017)
Incorporation17-06-1963
StatusActive
Postal code1070
Establishment units 9 locations
Ecole Primaire Libre Subv Institut Notre-Dame ( 8-12ans )
Dokter Jacobsstraat 47, 1070 AnderlechtVrij gesubsidieerd basisonderwijs
since 19872.152.510.568
INSTITUT NOTRE-DAME
Agavendreef 2A, 1070 AnderlechtVrij gesubsidieerd gewoon lager onderwijs
since 19872.167.183.797
Institut Notre Dame - Section fondamentale ( 2.5/8 ans)
Processiestraat 66, 1070 AnderlechtVrij gesubsidieerd gewoon lager onderwijs
since 19872.199.618.322
Institut Notre-Dame, section P3-P6
de Fiennesstraat 52, 1070 AnderlechtVrij gesubsidieerd basisonderwijs
since 20062.152.511.756
Institut Notre Dame
de Fiennesstraat 66, 1070 AnderlechtVrij gesubsidieerd algemeen voortgezet onderwijs
since 20062.152.510.172
Ecole Fondam Libre Subv. Institut Notre-Dame
Adolphe Willemynsstraat 231, 1070 AnderlechtVrij gesubsidieerd basisonderwijs
since 20062.152.510.865
Institut Notre-Dame Section Saint-Martin
Palokestraat 77, 1080 Sint-Jans-MolenbeekVrij gesubsidieerd basisonderwijs
since 20062.152.511.162
Institut Notre Dame, école fondamentale (2,5 à 8 ans)
Brogniezstraat 157, 1070 AnderlechtVrij gesubsidieerd gewoon lager onderwijs
since 20112.203.225.633
Ecole primaire libre – Institut Notre-Dame (8/12)
Itterbeekse Laan 232, 1070 AnderlechtVrij gesubsidieerd gewoon lager onderwijs
since 20182.295.364.547
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

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.

Brussels 7 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21308H0054/00F002 Brussels 2,684 m² 1 · 526 m² 12.3 m · 3 fl.
21305B0241/00Y010 Brussels 2,495 m² 2 · 786 m² 19.1 m · 6 fl.
21308H0482/00Y000 Brussels 2,435 m² 2 · 995 m² 16.5 m · 4 fl.
21302A0154/00L004 Brussels 1,869 m² 1 · 290 m² 7.8 m · 2 fl.
21308H0054/00N002 Brussels 1,743 m² 1 · 491 m² 11.7 m · 2 fl.
21524C0045/00B002 Brussels 1,276 m² - -
21305B0241/00X010 Brussels 1,106 m² 1 · 845 m² 22.3 m · 7 fl.
Methodology
via registered seat: 1 · via establishment units: 6
7 of 7 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 21 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
08-10-2025
State Gazette act Director changes
v3.2
2024
18-12-2024
NBB filing Annual accounts filed
fiscal year 2023 · verkort
12-03-2024
State Gazette act Director changes
v3.2
2023
31-08-2023
NBB filing Annual accounts filed
fiscal year 2022 · verkort
09-05-2023
State Gazette act Director changes
v3.2
2022
15-08-2022
NBB filing Annual accounts filed
fiscal year 2021 · verkort
17-02-2022
State Gazette act Director changes
v3.2
2021
17-06-2021
NBB filing Annual accounts filed
fiscal year 2020 · verkort
19-02-2021
State Gazette act Director changes
v3.2
2020
13-11-2020
State Gazette act Statutes amendment
v3.2
05-10-2020
NBB filing Annual accounts filed
fiscal year 2019 · verkort
20-01-2020
State Gazette act Director changes
v3.2
2019
26-06-2019
NBB filing Annual accounts filed
fiscal year 2018 · verkort
2018
23-11-2018
State Gazette act Director changes
v3.2
14-09-2018
NBB filing Annual accounts filed
fiscal year 2017 · verkort
2017
15-09-2017
State Gazette act Director changes
v3.2
29-06-2017
NBB filing Annual accounts filed
fiscal year 2016 · verkort
2016
21-06-2016
NBB filing Annual accounts filed
fiscal year 2015 · verkort
20-05-2016
State Gazette act Director changes
v3.2
2015
01-06-2015
NBB filing Annual accounts filed
fiscal year 2014 · verkort
2010
02-02-2010
State Gazette act Director changes
v3.2
Belgisch Staatsblad, acts 11 acts
All acts · 11 updated 9 months ago
2025
08-10-2025 3 directors appointed, 5 resigning Director changes
  • Marie-Noëlle Donneaux, Membre de l'oa
  • Patrick Frenay, Observateur
  • David Tuyshimé, Penningmeester
  • Guy Opdebeek, Voorzitter
  • René Bruynseels, Secrétaire
  • Jacques Jourquin, Bestuurder
  • Jacques Bodart, Bestuurder
  • Laurent De Meyer, Bestuurder
Summary: v3.2
Technical details 
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        "address": null,
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      "role": "observateur",
      "person": {
        "rrn": null,
        "name": "Patrick Frenay",
        "address": null,
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    },
    {
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        "name": "Jacques Bodart",
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        "rrn": null,
        "name": "Laurent De Meyer",
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    },
    {
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      "role": "tr\u00E9sorier",
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        "rrn": null,
        "name": "David Tuyshim\u00E9",
        "address": null,
        "birth_date": null
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  "subject_company": {
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2024
12-03-2024 Didier Paternotte appointed as director Director changes
  • Didier Paternotte, Bestuurder
Summary: v3.2
Technical details 
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      "role": "administrateur",
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        "name": "Didier Paternotte",
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2023
09-05-2023 2 directors appointed, 3 resigning Director changes
  • Jacques Jourquin, Bestuurder
  • Marc Van Hassel, Bestuurder
  • Claude Gillard, Bestuurder
  • Lucien Noullez, Bestuurder
  • Christine Toumpsin, Bestuurder
Summary: v3.2
Technical details 
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      "role": "administrateur",
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        "rrn": null,
        "name": "Claude Gillard",
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      }
    },
    {
      "kind": "director_out",
      "role": "administrateur",
      "person": {
        "rrn": null,
        "name": "Lucien Noullez",
        "address": null,
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    },
    {
      "kind": "director_out",
      "role": "administrateur",
      "person": {
        "rrn": null,
        "name": "Christine Toumpsin",
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    },
    {
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    {
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        "rrn": null,
        "name": "Marc Van Hassel",
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2022
17-02-2022 2 directors appointed, 2 resigning Director changes
  • Guy-Michel Opdebeeck, Bestuurder
  • Sandrine Erkens, Bestuurder
  • Marie-Jeanne Van Camp, Bestuurder
  • Jean-Luc Blanpain, Bestuurder
Summary: v3.2
Technical details 
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        "name": "Guy-Michel Opdebeeck",
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    },
    {
      "kind": "director_out",
      "role": "administrateur",
      "person": {
        "rrn": null,
        "name": "Marie-Jeanne Van Camp",
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    },
    {
      "kind": "director_in",
      "role": "administrateur",
      "person": {
        "rrn": null,
        "name": "Sandrine Erkens",
        "address": null,
        "birth_date": null
      }
    },
    {
      "kind": "director_out",
      "role": "administrateur",
      "person": {
        "rrn": null,
        "name": "Jean-Luc Blanpain",
        "address": null,
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  ],
  "schema": "v3.2",
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  },
  "subject_company": {
    "kbo": "0406.466.721",
    "name_full": "Institut Notre-Dame"
  }
}
2021
19-02-2021 Martial Schtickzelle resigns as director Director changes
  • Martial Schtickzelle, Bestuurder
Summary: v3.2
Technical details 
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      "person": {
        "rrn": null,
        "name": "Martial Schtickzelle",
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  ],
  "schema": "v3.2",
  "act_meta": {
    "extractor": "qwen3-30b-a3b"
  },
  "subject_company": {
    "kbo": "0406.466.721",
    "name_full": "Institut Notre-Dame"
  }
}
2020
13-11-2020 Articles of association amended Statutes amendment
Summary: v3.2
Technical details 
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  "subject_company": {
    "kbo": "0406.466.721",
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  "legal_form_change": {
    "new": "Association sans but lucratif",
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}
20-01-2020 2 directors appointed, 2 resigning Director changes
  • Laurent DE MEYER, Bestuurder
  • Jean-Luc BLANPAIN, Bestuurder
  • Lucien NOULLEZ, Bestuurder
  • Bernard DE ROOVER, Bestuurder
Summary: v3.2
Technical details 
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        "name": "Jean-Luc BLANPAIN",
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    },
    {
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        "name": "Lucien NOULLEZ",
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}
2018
23-11-2018 1 director appointed, 1 resigning Director changes
  • NOULLEZ Lucien, Bestuurder
  • ROBERT Frédéric, Bestuurder
Summary: v3.2
Technical details 
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      "person": {
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        "name": "NOULLEZ Lucien",
        "address": null,
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    },
    {
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      "person": {
        "rrn": null,
        "name": "ROBERT Fr\u00E9d\u00E9ric",
        "address": null,
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  ],
  "schema": "v3.2",
  "act_meta": {
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  },
  "subject_company": {
    "kbo": "0406.466.721",
    "name_full": "Institut Notre-Damie"
  }
}
2017
15-09-2017 2 directors appointed Director changes
  • Bruynseels René, Bestuurder
  • DGST & Partners, Auditor
Summary: v3.2
Technical details 
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    },
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  "schema": "v3.2",
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  "subject_company": {
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}
2016
20-05-2016 4 directors appointed, 3 resigning Director changes
  • TOUMPSIN Christine, Bestuurder
  • ROBERT Frédéric, Bestuurder
  • GILLARD Claude, Bestuurder
  • DGST & PARTNERS - Réviseurs d'entreprises, Auditor
  • TIMMERMANS Jean-Paul, Voorzitter
  • VAN DEN BRIL Pierre, Bestuurder
  • TIMMERMANS Jean-Paul, Bestuurder
Summary: v3.2
Technical details 
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        "name": "DGST \u0026 PARTNERS - R\u00E9viseurs d\u0027entreprises",
        "address": null,
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2010
02-02-2010 6 directors appointed, 4 resigning Director changes
  • Michaël De Ridder, Auditor
  • Brigitte Neuville, Auditor
  • Jean-Paul Timmermans, Administrator
  • Martial Shtickzelle, Administrator
  • Jacques Bodart, Administrator
  • Pierre Van den Bril, Administrator
  • Guy Meert, Administrator
  • Joseph Nuttin, Administrator
Summary: v3.2
Technical details 
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        "name": "Didier Declercq",
        "address": null,
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    {
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      "role": "administrator",
      "person": {
        "rrn": null,
        "name": "Jacques Lamolle",
        "address": null,
        "birth_date": null
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Company registry (CBE) Crossroads Bank
Activities
Vrij gesubsidieerd algemeen voortgezet onderwijs80214Vrij gesubsidieerd gewoon algemeen secundair onderwijs85314Vrij gesubsidieerd gewoon algemeen secundair onderwijs85314
Primary activity highlighted.
Names & trade names
Legal nameFR Institut Notre Dame
Registered office
de Fiennesstraat 66
1070 Anderlecht, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative