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Instituut De Waele

Active
Private limited companyfounded 1990active for 36 yearsSteenland 10, 9340 Lede, BelgiumKBO/BCE: BE 0441.487.382
Summary

Instituut De Waele has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€44,118) and a net result of -€6,344. Equity is growing by about 6.7% per year across the filed financial years. Its solvency ranks better than 8% of 2,596 sector peers (NACE 85, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

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Instituut De WaeleActiveChecked score 53/100
Risk analysis ReportCompare

Overview

Activity
Other education
NACE 85599
1 site
Size
≈ €8,300turnover 2025, estimated
Staff
0.5 FTE
Equity
-€44,118
Loss
-€6,344
Turnover estimated from the gross margin
Financial health
53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Structure
2025 accounts 79 days early1 of 4 deeds summarised
Why 53raises riskCapped at 59: negative equityNegative equity -€44,118Loss of €6,344, the second in a row (financial year 2025)lowers riskSize: total assets €40,469Sector: Education (NACE 85)Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 16% of its sector peers (NACE 85, micro)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 0=
equity -109.0% of total assets
Liquidity 45+18
short-term debt 206.4% · cash 36.1%
Profitability 0=
return on assets -15.7%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (3,818 companies, NACE 85, micro)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025highest value 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026lowest value 07-2026: 0.3%● unchanged vs 06-2026lowest value 08-2026: 0.3%● unchanged vs 07-2026lowest value 09-2026: 0.3%● unchanged vs 08-2026lowest value 10-2026: 0.3%● unchanged vs 09-2026lowest value
No credit on open account
Liquidity insufficient (current ratio 0.45, compared with 0.39 in 2024, below 1; short-term debt: 206.4% and cash: 36.1% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 85, micro): better than 6% on solvency, 26% on liquidity, 6% on profitability and 24% on growth.

The bankruptcy probability was computed on 30-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €40,469
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Negative equity -€44,118
NBB · annual accounts
raises risk · Loss of €6,344, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Sector: Education (NACE 85)
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€44,118
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-05-2026, 79 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
79 days early
2024
56 days early
2023
59 days early
2022
61 days early
2021
61 days early
2020
60 days early
2019
46 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 60 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 (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 May (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
31-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€44,118 View
  • Risk: 4 loss-making years in a rowloss financial year 2025 -€6,344 View
  • Caution: Among the weakest 6% on equitysector median €32,704 · 2,601 companies -€44,118 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View

By topic

Financials

Financial year
2025
Total assets
€40,469
Loss
-€6,344
Solvency
-109.0%
Total assets▲ 16.2%
Net result
20182025
Go to Financials

Board & ownership

Board
3 members
  • Herbert VAN MEENSELDirector
  • Koen DE WAELEDirector
  • Lieve DE WAELEDirector
Go to Board & ownership

Timeline

Events
39
Since
1991
Next accounts
by 31-07-2027
  1. 31-05-2023Annual accounts filed
  2. 31-10-2022Resignations: Lieve DE WAELE, Koen DE WAELE…
  3. 31-05-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Other educationNACE 85599
Founded
20-07-1990
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
30
Annual meeting
Last Thursday of May at 19:00
Purpose
“Het inrichten van dactylografie-cursussen en meer algemeen het geven van opleidingen in de…” (deed in Dutch)
Go to Articles of association

Key facts about Instituut De Waele

What is the company number of Instituut De Waele?
0441.487.382. In Belgium the VAT number is the company number with BE in front: BE 0441.487.382.
Where is Instituut De Waele based?
The registered office is at Steenland 10, 9340 Lede.Company details
What does Instituut De Waele do?
According to the KBO register, the main activity is other education (NACE 85599).
What is the legal form of Instituut De Waele?
Private limited company (BV).
When was Instituut De Waele founded?
On 20-07-1990.
Is Instituut De Waele still active?
Yes, Instituut De Waele is an active enterprise in the KBO register.
How many employees does Instituut De Waele have?
On average 0.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Instituut De Waele?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is Instituut De Waele profitable?
In financial year 2025, Instituut De Waele made a loss of €6,344.
Where can I find the annual accounts of Instituut De Waele?
Instituut De Waele filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Instituut De Waele due?
By 31-07-2027, for financial year 2026.Timeline

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