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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 has been growing by about 6.7% per year since 2018. Its solvency ranks better than 8% of 2,603 sector peers (NACE 85, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Official details

Source: KBO
Status
Active since 20-07-1990 Normal situation
Activity
Other education NACE 85599
Joint committees
100 Aanvullend Paritair Comité voor de werklieden
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
Establishment unit
2.231.329.107 9340 Lede, since 20-07-1990
Financial year end
31 December
Peppol
Reachable since 02-09-2025

Board and ownership

Board

Financial position

53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts 2025
Gross margin
€2,272
Turnover
≈ €8,300
estimated
Loss
€6,344
▼ 30.3%
Equity
-€44,118
▼ 16.8%
Total assets
€40,469
▲ 16.2%
Employees on 31-12-2025
1
=
  • Negative equity on 31-12-2025
Score breakdownraises 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 stronger than 16% of micro companies in education (NACE 85)
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 within 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% (3,822 companies, NACE 85, micro)
Last 24 months 12-2024: 0.3% 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 11-2026: 0.3%● unchanged vs 10-2026lowest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.45 (0.39 in 2024), below 1. Short-term debt is 206.4% and cash 36.1% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 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). It does better than 6% of them on solvency, 26% on liquidity, 6% on profitability and 24% on growth.

The bankruptcy probability was computed on 02-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

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 the company's 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

The company filed its last 7 accounts on average 60 days before the deadline. In the sector (NACE 85), the median for financial year 2024 was 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 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€44,118 View
  • Risk: 4 loss-making years in a rowloss in financial year 2025 -€6,344 View
  • Caution: Less equity than 94% of companies in educationsector median €32,761 · 2,608 companies -€44,118 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View

Recent changes

  1. · Gazette deed 3 directors resigning, 3 reappointedResignations: Lieve DE WAELE, Koen DE WAELE and Herbert VAN MEENSEL · Reappointments: Lieve DE WAELE, Koen DE WAELE and Herbert VAN MEENSEL
  2. · Gazette deed Incorporation
All 14 events

Comparable companies

These companies have the same main activity as Instituut De Waele: other education (NACE 85599). They are comparable in size and age: total assets between €24,700 and €42,700, founded between 1986 and 1994.

CompanyTotal assetsGross margin
Instituut De Waele Lede€40,469€2,272
WAREGEM INDUSTRIE ONDERWIJS Waregem€31,799€3,523
BECONSULT Sint-Martens-Latem€29,785-€14,795
BELITA - LINGUA Bierbeek€35,115€4,621
WASHINGTON SCHOOL Elsene€42,704-€1,402
INFO SERVICE PLUS Houthalen-Helchteren€24,677€4,344
B.T.S. LANGUAGE CENTER Charleroi€27,676-€28,921
Full comparison

Key facts about Instituut De Waele

What is the company number of Instituut De Waele?
The company number of Instituut De Waele is 0441.487.382. The VAT number is the same 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?
The legal form of Instituut De Waele is Private limited company (BV).
When was Instituut De Waele founded?
Instituut De Waele was 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?
Instituut De Waele had an average of 0.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Instituut De Waele fall under?
In its 2025 annual accounts, Instituut De Waele states joint committees 100 (Aanvullend Paritair Comité voor de werklieden) and 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of Instituut De Waele?
The turnover in financial year 2025 is ≈ €8,300. This figure is estimated from the gross margin of €2,272 and 42 comparable companies (NACE 855). It probably lies between €5,600 and €17,000. It is a rough estimate.
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?
Instituut De Waele must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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