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INTERCOMMUNALE BATAILLE DE WATERLOO 1815

Active Cooperative companyfounded 1997active for 29 yearsCh des Vertes Bornes 90, 1420 Braine-l'AlleudKBO/BCE: BE 0260.389.075 #1 company by total assets in Braine-l'Alleud, Arts, sports and recreation sector

Lifetime

20 annual accounts with figures on one time axis, 29 filings since 1997
Turnoverpeak €1.1m (2014)
-not published
Resultlowest -€742,782 (2007)
-€55,861▼ €79,177
Equitypeak €30.4m (2016)
€16.6m▼ 7.1%
Debts
€15.4m▼ 5.9%
Staffpeak 4 FTE (2014)
1 FTEunchanged
Board61 names since 2006all names
12 directorsTanguy Stuckens and 11 others
Documentsfilings and deeds
23-06-202638 days before the deadline
2025abbreviated format
Loss of €55,861Amendment of the articles 16-12

Key points

from the 2025 annual accounts

Equity

€16.6m from €30.4m in 2016

Equity fell by 45% in 9 years.

Result

-€55,861 -€55,861
€23,3002024-€55,9002025

From profit to loss in 2025, after a profit of €23,316 in 2024.

Turnover

≈ €2.7m estimated

The accounts state no turnover.

Filings

29 annual accounts since 1997
AprilJune31 JulyOctober200020102020

The 2019 accounts came 18 days late. The other nine of the last ten were filed on time.

Board

1 joined

New director. Latest change 03-12-2025 · 12 in office.

Position in the sector

€16.6m

More equity than 94% of companies in libraries, archives and museums. Sector median €636,175 · 72 companies.

Checked score

92
Excellent
Financially stronger than 36% of micro companies in libraries, archives and museums (NACE 91)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 148 companies (NACE 91, micro).

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

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025highest value 08-2025: < 0.1%▼ -0.1 percentage points vs 07-2025 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 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: 0.1%▲ +0.1 percentage points vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026

Financial strength
Strong

Solvency
77=equity 51.9% of total assets
Liquidity
58-2short-term debt 6.8% · cash 6.4%
Profitability
49+2return on assets -0.2%

Score breakdown

lowers risk
Size: 1 FTE, total assets €32.1m
Founded in 1997
Equity €16.6m (51.9% of total assets)
Figures for financial year 2025 (filed on 23-06-2026)
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 91, micro). It does better than 44% of them on solvency, 48% on liquidity, 32% on profitability and 21% on growth.

The bankruptcy probability was computed on 05-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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).

Comparable companies, two years later

In July 2024, 12,322 companies had the same profile as INTERCOMMUNALE BATAILLE DE WATERLOO 1815 has now. Each dot stands for 31 companies, two years later.

90.3%
were still trading
8.6%
stopped another way
0.7%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss

Another 0.5% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of INTERCOMMUNALE BATAILLE DE WATERLOO 1815 itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 12,322 companies, not a prediction for INTERCOMMUNALE BATAILLE DE WATERLOO 1815. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €1,500,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 8.02 (10.39 in 2024), above the usual 1.5. Short-term debt is 6.8% and cash 6.4% of total assets. 48.1% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

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

Signals

5 signals, none raises the risk
Five signals.
lowers riskneutral
lowers risk · Size: 1 FTE, total assets €32.1m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 1997
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €16.6m (51.9% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 23-06-2026)
NBB · annual accounts
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 23-06-2026, 38 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
38 days early
2024
20 days early
2023
49 days early
2022
52 days early
2021
3 days early
2020
35 days early
2019
18 days late
← 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 26 days before the deadline. In the sector (NACE 91), the median for financial year 2024 was 22 days before the deadline, and 29% 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 23 June (4 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
06-11-2026 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

Board and ownership

DN
Daily manager
AV
Director, since 11-06-2025
BA
Director
BS
Director, since 11-06-2025
CT
Director, since 11-06-2025
S
Auditor, Nicolas Butacide
and 7 others

Shares in 2 companies, PANORAMA DE LA BATAILLE DE WATERLOO (1815) and Kléber Rossillon Waterloo

Board & ownership

Recent changes

7 directors appointed, 1 statutory auditor appointed, 7 resignations, 4 reappointments Resignations: d'Ursel, Nathalie; della Faille de Leverghem, Alexis; Grillmaier, Brian; Hermans, Sarah; Homs, Marie-Louise; Löwenthal, Bernard and 1 other · Reappointments: Badibanga, Alain; Bury, Stéphanie; Simon, Véronique and Stuckens, Tanguy · Appointments: Alexandra Vanderbecq, Gérard Couronné, Cédric Gillis, Cédric Tumelaire, Laurence Rotthier, Maha Karim Hosselet and 2 others · General meeting of 03-12-2025 · Gazette deed
2 directors appointed, 1 reappointment Appointments: Alexandra Vanderbecq and Nathalie d'Ursel (day-to-day manager) · Reappointment: Alain Badibanga · Board meeting of 17-06-2025 · Gazette deed
Amendment of the articles Director in office: Alexandra VANDERBECQ (chair) · Director in office: Marie ALLARD (secretary) · General meeting of 03-12-2025 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0260389075
All 58 events

Comparable companies

same main activity, similar in size and age
Company Total assets Gross margin Solvency Staff
INTERCOMMUNALE BATAILLE DE WATERLOO 1815 Braine-l'Alleud €32.1m €1.5m 51.9% 1
SEAFRONT ZEEBRUGGE Brussels €13.2m €0.2m -7.3% 0.8
SOCIETE ANONYME DE WARFUSEE Uccle €10.3m €0.3m 63.4% 3
FONDATION DEMEURES ET CHATEAUX Ixelles €10.1m €0.2m 95.4% 2.5
Autonoom Gemeentebedrijf Tongeren-Borgloon Tongeren-Borgloon €9.4m €0.4m 31.4% -
Erfgoedsite Abdij Van Park Leuven €24.9m €0.7m 66.3% 0.9
Fondation Folon La Hulpe €23.0m €1.8m 97.8% 14

These companies have the same main activity as INTERCOMMUNALE BATAILLE DE WATERLOO 1815: libraries, archives, museums and other cultural activities (NACE 91220). They are comparable in size and age: total assets between €9.4m and €25m, founded between 1983 and 2017.

Official details

Source: KBO
Status
Active since 04-04-1997Normal situation
Activity
Libraries, archives, museums and other cultural activitiesNACE 91220
Establishment unit
2.082.169.1381420 Braine-l'Alleud, since 09-06-1997
Financial year end
31 December
Peppol
Reachable since 12-11-2025
Company details

Annual accounts 2025

Total assets
€32.1m▼ 6.5%
Employeeson 31-12-2025
1=
Filing
Filed on 23-06-2026, 38 days before the end of the filing period
Financials

Insights on INTERCOMMUNALE BATAILLE DE WATERLOO 1815

INTERCOMMUNALE BATAILLE DE WATERLOO 1815 has existed since 1997. In 2014 turnover rose from €407,027 to €1.1m and staff from 2.7 to 4 full-time equivalents.

In June 2025, six directors stepped down. In May 2026, the Official Gazette published the appointment of d'Ursel, Nathalie as managing director.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about INTERCOMMUNALE BATAILLE DE WATERLOO 1815

What is the company number of INTERCOMMUNALE BATAILLE DE WATERLOO 1815?
The company number of INTERCOMMUNALE BATAILLE DE WATERLOO 1815 is 0260.389.075. The VAT number is the same number with BE in front: BE 0260.389.075.
Where is INTERCOMMUNALE BATAILLE DE WATERLOO 1815 based?
The registered office is at Ch des Vertes Bornes 90, 1420 Braine-l'Alleud.Company details
What does INTERCOMMUNALE BATAILLE DE WATERLOO 1815 do?
According to the KBO register, the main activity is libraries, archives, museums and other cultural activities (NACE 91220).
What is the legal form of INTERCOMMUNALE BATAILLE DE WATERLOO 1815?
INTERCOMMUNALE BATAILLE DE WATERLOO 1815 is a cooperative company (CV).
When was INTERCOMMUNALE BATAILLE DE WATERLOO 1815 founded?
INTERCOMMUNALE BATAILLE DE WATERLOO 1815 was founded on 04-04-1997.
Is INTERCOMMUNALE BATAILLE DE WATERLOO 1815 still active?
Yes, INTERCOMMUNALE BATAILLE DE WATERLOO 1815 is an active enterprise in the KBO register.
How many employees does INTERCOMMUNALE BATAILLE DE WATERLOO 1815 have?
INTERCOMMUNALE BATAILLE DE WATERLOO 1815 had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of INTERCOMMUNALE BATAILLE DE WATERLOO 1815?
The turnover in financial year 2025 is ≈ €2.7m. This figure is estimated from the gross margin of €1.5m and 1,585 comparable companies of the same size. It probably lies between €1.8m and €4.4m. It is a rough estimate. In financial year 2018 turnover was €543,812.
Is INTERCOMMUNALE BATAILLE DE WATERLOO 1815 profitable?
In financial year 2025, INTERCOMMUNALE BATAILLE DE WATERLOO 1815 made a loss of €55,861.
Where can I find the annual accounts of INTERCOMMUNALE BATAILLE DE WATERLOO 1815?
INTERCOMMUNALE BATAILLE DE WATERLOO 1815 filed 29 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of INTERCOMMUNALE BATAILLE DE WATERLOO 1815 due?
INTERCOMMUNALE BATAILLE DE WATERLOO 1815 must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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