Institut Notre-Dame
ActiveSummary
For Institut Notre-Dame, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €1.17M and a net result of €-75k. Equity remains stable across the filed fiscal years (±0.5% per year). Its solvency ranks better than 68% of 2043 sector peers (fiscal year 2022). The company has been active since 1959 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2022 · tick = 2021
Profitability76▼-3
Solvency89=
Growth36▼-16
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 85
Relative position
BE, all sectors
reference
Sector 85
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2022Solvency, return and age of the figures
Solvency
64.1%
Return on assets
-4.1%
Age of the figures
45 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline24-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 29-09-2023, 60 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
60 d late
2021
48 d early
2020
30 d early
2019
38 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, micro schema
Turnover
€63k▲ 3.8%
2021 · €61k
2018: €92k
2019: €85k
2020: €63k
2021: €61k
2018 → 2022
EBIT margin
-112.9%▼ 119.8pp
2021 · 7.0%
2018: 12.3%
2019: -7.2%
2020: 5.5%
2021: 7.0%
2018 → 2022
Net result
€-75k▼ 69,623%
2021 · €-107
2018: €-8k
2019: €-12k
2020: €9k
2021: €-107
2018 → 2022
Working capital
€329k▼ 14.6%
2021 · €385k
2018: €359k
2019: €357k
2020: €385k
2021: €385k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Turnover€92k-€85k▼ 7.9%€63k▼ 26.1%€61k▼ 3.1%€63k▲ 3.8%
Equity€1.13M-€1.26M▲ 12.1%€1.29M▲ 2.3%€1.27M▼ 1.9%€1.17M▼ 7.6%
Operating result€11k-€-6k€3k€4k▲ 22.5%€-71k
Net result€-8k-€-12k▼ 54.1%€9k€-107€-75k▼ 69,623%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2022: a loss of €71k after €4k in 2021, the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €1.83M
Fixed assets
€1.41M ▼ 6.8%
Current assets
€414k ▼ 10.3%
Equity and liabilities €1.83M
Equity
€1.17M ▼ 7.6%
Debt
€657k ▼ 7.5%
Debt's share of the balance-sheet total stays at 35.9%.
Key figures and ratios
EBITDA
€106k▼
2021 · €177k
Cash flow
€102k▼
2021 · €172k
Current ratio
4.85▼
2021 · 6.02
Quick ratio
3.99▼
2021 · 5.13
Debt to equity
0.56▲
2021 · 0.56
ROE
-6.4%▼
2021 · 0.0%
ROA
-4.1%▼
2021 · 0.0%
Interest coverage
35.10▼
2021 · 54.53
Debt ≤ 1 year
€85k▲
2021 · €77k
Debt > 1 year
€569k▼
2021 · €627k
Staff costs
€89k▲
2021 · €69k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2022 against 2021 · 58 lines
Balance sheet
Code20212022
Assets
Total assets20/58€1.98M€1.83M▼
Formation expenses20-€0
Fixed assets21/28€1.52M€1.41M▼
Intangible fixed assets21-€0
Tangible fixed assets22/27€1.52M€1.41M▼
Land and buildings22€461k€425k▼
Plant, machinery and equipment23€444k€409k▼
Furniture and vehicles24€13k€11k▼
Leasing and similar rights25-€0
Other tangible fixed assets26€599k€568k▼
Assets under construction and advance payments27-€0
Financial fixed assets28-€0
Current assets29/58€461k€414k▼
Amounts receivable after more than one year29-€0
Trade receivables290-€0
Other amounts receivable291-€0
Stocks and contracts in progress3€68k€74k▲
Stocks30/36€68k€74k▲
Amounts receivable within one year40/41€12k€26k▲
Trade receivables40€12k€26k▲
Other amounts receivable41-€0
Current investments50/53€5k€5k=
Cash at bank and in hand54/58€371k€308k▼
Deferred charges and accrued income490/1€5k€770▼
Equity and liabilities
Total equity and liabilities10/49€1.98M€1.83M▼
Equity10/15€1.27M€1.17M▼
Contributions10/11-€749k
Capital10-€749k
Profit (loss) carried forward14€-107€-75k▼
Investment grants15€519k€497k▼
Amounts payable17/49€710k€657k▼
Amounts payable after more than one year17€627k€569k▼
Financial debts170/4€627k€569k▼
Amounts payable within one year42/48€77k€85k▲
Current portion of amounts payable after more than one year42€58k€58k▲
Trade debts44€11k€18k▲
Suppliers440/4€11k€18k▲
Taxes, remuneration and social security45€6k€8k▲
Remuneration and social security454/9€6k€8k▲
Accrued charges and deferred income492/3€6k€2k▼
Income statement
Code20212022
Turnover70€61k€63k▲
Goods, raw materials, services and sundry goods60/61€264k€319k▲
Remuneration, social security and pensions62€69k€89k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€172k€177k▲
Other operating charges640/8€3k€3k▲
Gross operating margin9900€248k€198k▼
Operating profit (loss)9901€4k€-71k▼
Financial income75/76B€1k€463▼
Recurring financial income75€224€463▲
Non-recurring financial income76B€852-
Financial charges65/66B€5k€4k▼
Recurring financial charges65€3k€3k▼
Non-recurring financial charges66B€2k€1k▼
Profit (loss) for the period before taxes9903€-107€-75k▼
Profit (loss) for the period9904€-107€-75k▼
Profit (loss) for the period to be appropriated9905€-107€-75k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-107€-75k▼
Social balance
Average headcount (FTE)90873.0-
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
31-12
Financial
Weakest financial yearnet €-75k
Net result drops to €-75k, the lowest in the series.
13-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €9k
Net result €9k after 2 loss-making years.
07-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 38 days late
2019
22-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
30-04
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
16-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
02-05
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
12-05
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
12-06
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Malmedy · 1 establishment unit since 2007
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Derrière la Gare 124960 MalmedyGround area
7,566 m²
Building footprint
1,671 m²
Volume, LiDAR
6,838 m³
Parcel 63049D0048/00S002, Wallonia · tallest building 17.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
INSTITUT NOTRE-DAME
since 20072.167.183.205
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63049D0048/00S002 | Wallonia | 7,566 m² | 1 · 1,671 m² | 17.8 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Wallonia-Brussels Federation
2021 to 2025 · 52 entries · 2,044,001 EUR in total| Year | Entries | paid |
|---|---|---|
| 2025 | 12 | 524,205 EUR |
| 2024 | 20 | 655,266 EUR |
| 2023 | 7 | 470,258 EUR |
| 2022 | 12 | 385,485 EUR |
| 2021 | 1 | 8,788 EUR |
Budget allocations
Subventions forfaitaires - Enseignement de plein exercice
Programme prioritaire de travaux PPT
Dépenses liées à l'équipement de l'enseignement technique et professionnel
Financement d’urgence visant à soutenir les secteurs dépendant de la Fédération Wallonie-Bruxelles suite à la crise du coût de l'énergie
Dépenses de toute nature relative à l'acquisition des manuels scolaires, de logiciels scolaires, d'outils pédagogiques et de livrespour la jeunesse
Show 2 more
Subventions forfaitaires dans le fondamental
Subventions forfaitaires
Recognitions · licences · registrations
Food safety, FASFC
1 siteMalmedy2.167.183.205
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Of 65 companies in sector 85324 we hold annual accounts for 46. 39 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formNon-profit association
Founded19-12-1959
Fiscal year end31-12
Activities, NACEBEL 2025
85324Education
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.