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Institut Saint-Charles

Active
Non-profit associationfounded 1974active for 52 yearsKarreveldlaan 7-9, 1080 Sint-Jans-Molenbeek, BelgiumKBO/BCE: BE 0413.972.244
Summary

For Institut Saint-Charles, at least two filing cycles of the annual accounts are missing. The 2021 annual accounts show equity of €1.5m and a net result of -€12,512. Equity is shrinking by about 3.6% per year across the filed financial years. Its solvency ranks better than 84% of 523 sector peers (NACE 85, financial year 2021). The association has been active since 1974 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is below 0.1% (very low).

Institut Saint-CharlesActive

Overview

Activity
Subsidised independent mainstream primary education
NACE 85204
2 sites
Size
€1.9mtotal assets 2021
Staff
3.2 FTE
Equity
€1.5m
Deficit
-€12,512
Financial health
Bankruptcy probabilitywithin 12 months
< 0.1%
2021 figures too old to score
Structure
Accounts 1176 days overdue1 of 6 deeds read
Signalsraises riskFigures for financial year 2021 (filed 02-06-2022)Two or more financial years not filedlowers riskLegal form: non-profit associationFounded in 1974Sector: Education (NACE 85)neutralLatest accounts filed on timeShow the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2021 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Financial strength, FY 2021 · tick = 2020
Strong
Solvency 100=
equity 80.6% of total assets
Liquidity 68-2
short-term debt 4.2% · cash 14.6%
Profitability 68+30
return on assets -0.7%
Bankruptcy probability, 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).

Sector median 0.1% (3,803 companies, NACE 85, micro)
Last 24 months 11-2024: < 0.1%highest value 12-2024: < 0.1%● unchanged vs 11-2024highest value 01-2025: < 0.1%● unchanged vs 12-2024highest value 02-2025: < 0.1%● unchanged vs 01-2025highest value 03-2025: < 0.1%● unchanged vs 02-2025highest value 04-2025: < 0.1%● unchanged vs 03-2025highest value 05-2025: < 0.1%● unchanged vs 04-2025highest value 06-2025: < 0.1%● unchanged vs 05-2025highest value 07-2025: < 0.1%● unchanged vs 06-2025highest value 08-2025: < 0.1%● unchanged vs 07-2025lowest value 09-2025: < 0.1%● unchanged vs 08-2025lowest value 10-2025: < 0.1%● unchanged vs 09-2025lowest value 11-2025: < 0.1%● unchanged vs 10-2025lowest value 12-2025: < 0.1%● unchanged vs 11-2025lowest value 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026lowest value 03-2026: < 0.1%● unchanged vs 02-2026lowest value 04-2026: < 0.1%● unchanged vs 03-2026lowest value 05-2026: < 0.1%● unchanged vs 04-2026lowest value 06-2026: < 0.1%● unchanged vs 05-2026lowest value 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
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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Legal form: non-profit association
KBO
raises risk · Figures for financial year 2021 (filed 02-06-2022)
NBB · annual accounts
lowers risk · Founded in 1974
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Sector: Education (NACE 85)
KBO
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 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 filings
Position against the passed deadline
31-12-2022 year end31-07-2023 deadline19-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 02-06-2022, 59 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
59 days early
2020
51 days early
2019
25 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 45 days before the deadline; the sector median (NACE 85) for financial year 2024 is 16 days before the deadline, and 32% 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. Amendment of the articlesMember of the association
  2. Annual accounts filedfinancial year 2021 · full…
  3. Annual accounts filedfinancial year 2020 · full…

Key points

  • Risk: Accounts not fileddeadline was 31-07-2023 1176 days late View
  • Wallonia-Brussels supportpaid from 2022 to 2025 €1.5m View
  • Active since 1974founded 14-03-1974 52 years View

By topic

Financials

Financial year
2021
Total assets
€1.9m
Loss
-€12,512
Solvency
80.6%
Total assets▲ 0.7%
Net result
20182021
Go to Financials

Timeline

Events
18
Since
2008
  1. 31-12-2020Back to profit
  2. 06-07-2020Annual accounts filed
  3. 31-12-2019Weakest financial year
Go to Timeline

Company details

Sites
2
Legal form
Non-profit association
Activity
Subsidised independent mainstream primary educationNACE 85204
Founded
14-03-1974
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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