KNOW IT
ActiveSummary
KNOW IT has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €160,298 and a net result of €43,628. Equity is shrinking by about 8.2% per year across the filed financial years. Its solvency ranks better than 53% of 838 sector peers (NACE 85, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
- Equity
- €160,298
- Profit
- €43,628
Why 94raises risk1 change of registered office in 24 monthslowers riskLiquidity: current ratio 2.30, cash €86,661Sector: Education (NACE 85)Equity €160,298 (57.9% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 60% on solvency, 59% on liquidity, 71% on profitability and 18% 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
This company filed its last 7 accounts on average 19 days after 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)
- Registered officeRegistered-office move
- Annual accounts filedfinancial year 2025 · abbreviated…
- Annual accounts filedfinancial year 2024 · full…
Financials · financial year 2025, abbreviated format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result falls in 2025; 2025 is 22% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 85, Education: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 31,368 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93.5% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,368 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | - | - | - | €5,109 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,871 | €10,010 | €2,079 | €2,220 | €2,029 | €2,846 | €5,681 | €3,814 | ▼ 32.9% |
| Other operating charges640/8 | - | - | - | €666 | €245 | €548 | €9,443 | €2,933 | ▼ 68.9% |
| Gross operating margin9900 | €24,229 | €31,628 | €7,221 | €32,346 | €83,284 | €55,201 | €80,662 | €53,985 | ▼ 33.1% |
| Operating profit (loss)9901 | €11,315 | €20,571 | €3,672 | €29,460 | €81,010 | €51,807 | €60,429 | €47,238 | ▼ 21.8% |
| Financial income75/76B | - | - | - | €24,642 | €22,863 | €16,194 | €18,290 | €10,116 | ▼ 44.7% |
| Recurring financial income75 | €36,571 | €36,776 | €43,198 | €24,642 | €22,863 | €16,194 | €18,290 | €10,116 | ▼ 44.7% |
| Financial charges65/66B | - | - | - | €1,140 | €634 | €631 | €1,599 | €523 | ▼ 67.3% |
| Recurring financial charges65 | €2,265 | €2,215 | €1,222 | €1,140 | €634 | €631 | €1,599 | €523 | ▼ 67.3% |
| Profit (loss) for the period before taxes9903 | €45,621 | €55,133 | €45,649 | €52,962 | €103,239 | €67,369 | €77,121 | €56,831 | ▼ 26.3% |
| Income taxes67/77 | €3,595 | €13,577 | €10,834 | €12,270 | €22,174 | €14,731 | €18,821 | €13,203 | ▼ 29.9% |
| Profit (loss) for the period9904 | €42,026 | €41,556 | €34,815 | €40,692 | €81,065 | €52,639 | €58,300 | €43,628 | ▼ 25.2% |
| Profit (loss) for the period to be appropriated9905 | €42,026 | €41,331 | €34,815 | €40,692 | €81,065 | €52,639 | €58,300 | €43,628 | ▼ 25.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €441,608 | €444,970 | €471,220 | €442,765 | €426,664 | €444,657 | €358,760 | €276,711 | ▼ 22.9% |
| Fixed assets21/28 | €12,436 | €6,525 | €4,446 | €4,787 | €6,283 | €8,451 | €7,867 | €8,791 | ▲ 11.8% |
| Tangible fixed assets22/27 | €9,357 | €3,445 | €1,366 | €1,707 | €3,203 | €5,372 | €4,787 | €5,711 | ▲ 19.3% |
| Furniture and vehicles24 | - | - | - | €1,707 | €3,203 | €5,372 | €4,787 | €5,711 | ▲ 19.3% |
| Financial fixed assets28 | €3,080 | €3,080 | €3,080 | €3,080 | €3,080 | €3,080 | €3,080 | €3,080 | = |
| Current assets29/58 | €429,172 | €438,445 | €466,774 | €437,978 | €420,381 | €436,206 | €350,893 | €267,921 | ▼ 23.6% |
| Amounts receivable after more than one year29 | - | - | - | €88,333 | €68,333 | €48,333 | €28,333 | €8,333 | ▼ 70.6% |
| Other amounts receivable291 | - | - | - | €88,333 | €68,333 | €48,333 | €28,333 | €8,333 | ▼ 70.6% |
| Amounts receivable within one year40/41 | €427,819 | €437,068 | €454,526 | €342,705 | €298,357 | €314,945 | €253,815 | €171,221 | ▼ 32.5% |
| Trade receivables40 | - | - | - | €33,745 | €52,287 | €64,333 | €56,956 | €16,571 | ▼ 70.9% |
| Other amounts receivable41 | - | - | - | €308,960 | €246,070 | €250,612 | €196,859 | €154,650 | ▼ 21.4% |
| Cash at bank and in hand54/58 | €747 | €865 | €11,765 | €3,739 | €48,970 | €68,099 | €63,825 | €86,661 | ▲ 35.8% |
| Deferred charges and accrued income490/1 | - | - | - | €3,201 | €4,720 | €4,828 | €4,920 | €1,706 | ▼ 65.3% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €441,608 | €444,970 | €471,220 | €442,765 | €426,664 | €444,657 | €358,760 | €276,711 | ▼ 22.9% |
| Equity10/15 | €351,603 | €393,160 | €367,975 | €297,667 | €342,732 | €295,370 | €233,670 | €160,298 | ▼ 31.4% |
| Contributions10/11 | €30,000 | €30,000 | - | €30,000 | €30,000 | €30,000 | €30,000 | €30,000 | = |
| Contributions outside capital11 | - | - | - | €30,000 | - | - | - | - | - |
| Other1109/19 | - | - | - | €30,000 | - | - | - | - | - |
| Reserves13 | €116,437 | €116,662 | €116,662 | €16,662 | €16,662 | €16,662 | €16,662 | €16,662 | = |
| Non-distributable reserves130/1 | - | - | - | €7,437 | €7,437 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €7,437 | €7,437 | - | - | - | - |
| Tax-exempt reserves132 | - | - | - | €9,226 | €9,226 | €9,226 | €9,226 | €9,226 | = |
| Distributable reserves133 | - | - | - | - | - | €7,437 | €7,437 | €7,437 | = |
| Profit (loss) carried forward14 | €205,166 | €246,497 | €221,313 | €251,004 | €296,069 | €248,708 | €187,008 | €113,636 | ▼ 39.2% |
| Amounts payable17/49 | €90,005 | €51,810 | €103,245 | €145,098 | €83,933 | €149,286 | €125,090 | €116,413 | ▼ 6.9% |
| Amounts payable after more than one year17 | €8,716 | - | - | - | - | - | - | - | - |
| Amounts payable within one year42/48 | €81,170 | €51,652 | €102,880 | €144,908 | €69,534 | €134,818 | €125,068 | €116,374 | ▼ 7.0% |
| Current portion of amounts payable after more than one year42 | - | - | - | €3,794 | €5,060 | €5,142 | €5,150 | €5,097 | ▼ 1.0% |
| Financial debts43 | - | - | - | €2,568 | - | - | - | - | - |
| Credit institutions430/8 | - | - | - | €2,568 | - | - | - | - | - |
| Trade debts44 | €5,951 | €2,589 | €1,804 | €1,962 | €2,853 | €9,792 | €12,998 | €6,467 | ▼ 50.2% |
| Suppliers440/4 | - | - | - | €1,962 | €2,853 | €9,792 | €12,998 | €6,467 | ▼ 50.2% |
| Taxes, remuneration and social security45 | - | - | - | €25,584 | €25,620 | €19,884 | €6,920 | €4,691 | ▼ 32.2% |
| Taxes450/3 | - | - | - | €25,584 | €25,620 | €19,884 | €6,920 | €4,691 | ▼ 32.2% |
| Other amounts payable47/48 | - | - | - | €111,000 | €36,000 | €100,000 | €100,000 | €100,119 | ▲ 0.1% |
| Accrued charges and deferred income492/3 | - | - | - | €190 | €14,399 | €14,469 | €21 | €39 | ▲ 80.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €42,026 | €41,556 | €34,815 | €40,692 | €81,065 | €52,639 | €58,300 | €43,628 | ▼ 25.2% |
| + Depreciation and write-downs630 | €9,871 | €10,010 | €2,079 | €2,220 | €2,029 | €2,846 | €5,681 | €3,814 | ▼ 32.9% |
| Operating cash flow (approximation) | €51,897 | €51,566 | €36,895 | €42,912 | €83,093 | €55,485 | €63,981 | €47,442 | ▼ 25.8% |
| Investment in fixed assets (approximation) | - | -€4,098 | €0 | -€2,561 | -€3,525 | -€5,014 | -€5,097 | -€4,738 | ▲ 7.0% |
| Change in cash | - | €118 | €10,900 | -€8,026 | €45,232 | €19,129 | -€4,274 | €22,836 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 35 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 08-07-2026 | 2026-00267887 |
| 31-12-2024 | full format | 22-08-2025 | 2025-00411832 |
| 31-12-2023 | full format | 27-08-2024 | 2024-00376271 |
| 31-12-2022 | full format | 24-08-2023 | 2023-00357992 |
| 31-12-2021 | full format | 22-08-2022 | 2022-20301731 |
| 31-12-2020 | full format | 24-08-2021 | 2021-58800353 |
| 31-12-2019 | full format | 04-09-2020 | 2020-51800078 |
| 31-12-2018 | full format | 28-08-2019 | 2019-56000040 |
| 31-12-2017 | full format | 28-08-2018 | 2018-55700092 |
| 31-12-2016 | full format | 25-08-2017 | 2017-51200228 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Jean-Paul BILLE |
|
Owners and capital
Capital and shareholders
- 02-02-2024 Converted to unavailable equity
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
15-10
Gazette deed
Registered officeRegistered-office move2 facts ▸
- Board meeting, 07-09-2026
- Registered-office move, Rue Franz Merjay, 88 1050 Bruxelles
02-02
Gazette deed
Amendment of the articles · Legal-form change · Resignations & appointmentsResignation: Jean-Paul BILLE (manager) · Appointment: Jean-Paul BILLE (director) · Incorporation15 facts ▸
- General meeting, 21-12-2023
- Incorporation, 29-08-1990
- Other provision, “ordre du jour” (deed in French)
- Capital (2 times)
- General meeting, “moitié du nombre total d'actions émises, trois/quarts de voix” (deed in French)
- Legal-form conversion, “société à responsabilité limitée” (deed in French)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Reserve release, “unanimité, inclut les éventuels versements futurs de la part non encore libérée” (deed in French)
- Amendment of the articles
- Other provision, “établir et signer la coordination des statuts, conformément à la décision précédente, et assurer son dépôt au dossier de la société, mission au notaire” (deed in French)
- Director resignation, Jean-Paul BILLE (manager)
- Director appointment, Jean-Paul BILLE (director (not named in the articles))
- +3 further facts in this act
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 31 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21447B0309/00E009 | Brussels | 614 m² | 1 · 286 m² | 32.7 m · 10 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Toutes opérations se rattachant directement ou indirectement à la consultance, la formation, la vente, l’importation, l’exportation…” (deed in French)
5 activities (deed in French)
- Toutes opérations se rattachant directement ou indirectement à la consultance, la formation, la vente, l’importation, l’exportation, l’échange, la location, la réparation, l’entretien de tous produits, matériel ou services se rapportant à la communication, l’informatique et aux ordinateurs
- S’intéresser par voie de fusion, de souscription ou de toute autre manière à toutes entreprises, associations ou sociétés ayant un objet similaire, analogue ou connexe au sien ou de nature à favoriser l’objet
- Acquérir, posséder et aliéner tous biens meubles et immeubles quelconques, les gérer et les exploiter
- Faire tous placements, prêts et emprunts, émettre des obligations avec ou sans garantie
- Faire toutes opérations mobilière, immobilière, industrielle, commerciale, financière et toutes autres qui pourraient se rattacher directement ou indirectement à l’objet social, en faciliter l’extension et le développement ou que l’assemblée générale estimerait utiles ou convenables
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- KNOW IT !
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Bruxelles-Capitale, 2” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Article 14. Représentation. La Société est représentée dans les actes, y compris ceux où interviennent un fonctionnaire public ou un…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Il peut être mis fin au mandat pour de justes motifs, sans préavis ni indemnité, par décision de l'Assemblée générale, lors de la nomination…” (deed in French)“L’assemblée générale décide si le mandat d’administrateur est ou non exercé gratuitement” (deed in French)3 more provisions on this in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Les titulaires d'actions peuvent prendre connaissance du registre relatif à leurs actions, les cessions et transmissions n'ont d'effet à…” (deed in French)1 more provision on this in the deed
- Records ruleWhich registers the company keeps, such as the share register, and how.
- One provision in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Tous les frais de procédure et d'expertise sont pour moitié à charge du cédant et pour moitié à charge du ou des acquéreurs…” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- “Fixée par l'organe qui procède à l'émission et portée à la connaissance des actionnaires par courrier électronique ou par courrier ordinaire…” (deed in French)1 more provision on this in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Tuesday of May at 15:00
- General meeting ruleHow the general meeting works: who calls it, who may attend and how it decides.
- “Composition, L’assemblée générale se compose de tous les actionnaires qui ont le droit de voter, par eux-mêmes ou par mandataire” (deed in French)
- Meeting noticeHow and how far ahead shareholders are invited to a meeting; by law at least fifteen days.
- “Par e-mail aux actionnaires, aux administrateurs et, le cas échéant aux titulaires d’obligations convertibles nominatives, de droits de…” (deed in French)
- Meeting accessWho may attend the meeting and what is needed to be admitted.
- “L'Assemblée générale ordinaire entend, le cas échéant, le rapport de gestion et le rapport du ou des commissaires en cas de désignation de…” (deed in French)“Admission” (deed in French)
- Proxy ruleWhether a shareholder may be represented at the meeting by someone else.
- “Tout actionnaire peut donner à toute autre personne, actionnaire ou non, par tout moyen de transmission, une procuration écrite pour le…” (deed in French)
- Voting ruleWhich majority the meeting decides by, for example a simple or a special majority.
- “L’exercice du droit de vote peut faire l’objet de conventions entre actionnaires, lesquelles doivent cependant être limitées dans le temps…” (deed in French)
Oversight and winding up
- Auditor ruleHow a statutory auditor is appointed and what they check, if the company has one.
- One provision in the deed
- Dissolution ruleWhen and by whom the company can be dissolved.
- “L'Assemblée générale fixe le mode de liquidation, détermine les pouvoirs du ou des liquidateurs ainsi que leurs émoluments éventuels…” (deed in French)