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L' école de tous

Active
Non-profit associationfounded 2015active for 11 yearsRododendronsdreef 5, 1170 Watermaal-Bosvoorde, BelgiumKBO/BCE: BE 0598.831.676
Summary

L' école de tous has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€891) and a net result of -€5,525. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 8% of 609 sector peers (NACE 72, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, micro format

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€5,525▲ 93.9%
2024 · -€91,247
Working capital
-€1,132
2024 · €3,962
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result stays negative: a loss of €5,375 in 2025 against €91,111 in 2024; the loss shrinks.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€5,375 2025 Net result-€5,525 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 72, Scientific research and development: 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), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result-€38,153-€40,023€29,927▼ 25.2%€3,666▼ 87.7%€34,393▲ 838%-€16,768-€91,111▼ 443%-€5,375▲ 94.1%
Net result-€38,230-€39,871€29,679within the sector's middle half▼ 25.6%€3,384within the sector's middle half▼ 88.6%€34,241within the sector's middle half▲ 912%-€16,888below the sector's middle half-€91,247below the sector's middle half▼ 440%-€5,525below the sector's middle half▲ 93.9%
Equity€5,595-€45,466▲ 713%€75,144within the sector's middle half▲ 65.3%€78,528within the sector's middle half▲ 4.5%€112,769within the sector's middle half▲ 43.6%€95,881within the sector's middle half▼ 15.0%€4,634below the sector's middle half▼ 95.2%-€891below the sector's middle half
Total assets€32,211-€62,704▲ 94.7%€99,229below the sector's middle half▲ 58.2%€104,739below the sector's middle half▲ 5.6%€170,666within the sector's middle half▲ 62.9%€130,514within the sector's middle half▼ 23.5%€13,765below the sector's middle half▼ 89.5%€1,429below the sector's middle half▼ 89.6%
Debt€26,616-€17,238▼ 35.2%€24,084▲ 39.7%€26,211▲ 8.8%€57,897▲ 121%€34,633▼ 40.2%€9,130▼ 73.6%€2,320▼ 74.6%
Working capital€3,274-€43,140▲ 1,218%€71,401within the sector's middle half▲ 65.5%€81,231within the sector's middle half▲ 13.8%€108,538within the sector's middle half▲ 33.6%€93,319within the sector's middle half▼ 14.0%€3,962below the sector's middle half▼ 95.8%-€1,132below the sector's middle half
Solvency17.4%-72.5%▲ 55.1pp75.7%within the sector's middle half▲ 3.2pp75.0%within the sector's middle half▼ 0.8pp66.1%within the sector's middle half▼ 8.9pp73.5%within the sector's middle half▲ 7.4pp33.7%within the sector's middle half▼ 39.8pp
Current ratio1.12-3.50▲ 2.383.96within the sector's middle half▲ 0.464.77within the sector's middle half▲ 0.812.87within the sector's middle half▼ 1.903.69within the sector's middle half▲ 0.821.43within the sector's middle half▼ 2.26
Return on assets (ROA)-118.7%-63.6%▲ 182.3pp29.9%above the sector's middle half▼ 33.7pp3.2%within the sector's middle half▼ 26.7pp20.1%within the sector's middle half▲ 16.8pp-12.9%below the sector's middle half▼ 33.0pp-662.9%below the sector's middle half▼ 650.0pp
Staff (FTE)2-2=2within the sector's middle half=2.5▲ 25.0%4.2▲ 68.0%1.8
above within below the middle half of NACE 72, Scientific research and development: 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.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1,429
Fixed assets €241 ▼ 64.2%
Current assets €1,188 ▼ 90.9%
Equity and liabilities
Equity-€891
Debt€2,320
Equity is negative: debt (€2,320) exceeds the balance-sheet total (€1,429).
Key figures and ratios
2025 value · change against 2024
EBITDA
-€4,944▲
2024 · -€90,277
Cash flow
-€5,094▲
2024 · -€90,413
Interest coverage
-32.96▲
2024 · -662.92
Debt ≤ 1 year
€2,320▼
2024 · €9,130
Ratios withheld: a balance sheet total of €1,429 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,906 companies that looked in July 2024 the way this one looks now, 5.8% went bankrupt within 24 months and 85.5% are still going.

  • Micro
  • 10 to 20 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
5.8% went bankrupt
8.1% stopped otherwise
85.5% still going

A further 0.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: < 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,474 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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 6,906 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 36 lines
Balance sheet Code20242025
Assets
Total assets20/58€13,765€1,429▼
Fixed assets21/28€672€241▼
Tangible fixed assets22/27€672€241▼
Furniture and vehicles24€672€241▼
Current assets29/58€13,092€1,188▼
Amounts receivable within one year40/41€2,403-
Trade receivables40€329-
Other amounts receivable41€2,074-
Cash at bank and in hand54/58€10,545€1,188▼
Deferred charges and accrued income490/1€144-
Equity and liabilities
Total equity and liabilities10/49€13,765€1,429▼
Equity10/15€4,634-€891▼
Contributions10/11€10,000€10,000=
Capital10€10,000€10,000=
Profit (loss) carried forward14-€5,366-€10,891▼
Amounts payable17/49€9,130€2,320▼
Amounts payable within one year42/48€9,130€2,320▼
Trade debts44€1,857€2,320▲
Suppliers440/4€1,857€2,320▲
Taxes, remuneration and social security45€7,273-
Taxes450/3€7,273-
Income statement Code20242025
Remuneration, social security and pensions62€147,101-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€834€432▼
Non-recurring operating charges66A€397-
Gross operating margin9900€57,221-€4,944▼
Operating profit (loss)9901-€91,111-€5,375▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€136€150▲
Recurring financial charges65€136€150▲
Profit (loss) for the period before taxes9903-€91,247-€5,525▲
Profit (loss) for the period9904-€91,247-€5,525▲
Profit (loss) for the period to be appropriated9905-€91,247-€5,525▲
Appropriation of the result
Profit (loss) to be appropriated9906-€39,607-€10,891▲
Profit (loss) brought forward from the previous period14P€51,640-€5,366▼
Withdrawal from contributions791€34,241-

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Non-recurring operating income76A-----€455---
Remuneration, social security and pensions62---€152,640€210,755€171,744€147,101--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,627€2,810€3,298€1,772€2,798€1,793€834€432▼ 48.2%
Other operating charges640/8----€12----
Non-recurring operating charges66A------€397--
Gross operating margin9900€66,606€154,366€154,932€158,079€247,957€156,769€57,221-€4,944-
Operating profit (loss)9901-€38,153€40,023€29,927€3,666€34,393-€16,768-€91,111-€5,375▲ 94.1%
Financial income75/76B------€0--
Recurring financial income75--€1---€0--
Financial charges65/66B---€283€152€120€136€150▲ 10.1%
Recurring financial charges65€77€152€249€283€152€120€136€150▲ 10.1%
Profit (loss) for the period before taxes9903-€38,230€39,871€29,679€3,384€34,241-€16,888-€91,247-€5,525▲ 93.9%
Profit (loss) for the period9904-€38,230€39,871€29,679€3,384€34,241-€16,888-€91,247-€5,525▲ 93.9%
Profit (loss) for the period to be appropriated9905-€38,230€39,871€29,679€3,384€34,241-€16,888-€91,247-€5,525▲ 93.9%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€32,211€62,704€99,229€104,739€170,666€130,514€13,765€1,429▼ 89.6%
Fixed assets21/28€2,321€2,325€3,743€1,972€4,232€2,562€672€241▼ 64.2%
Tangible fixed assets22/27€2,321€2,325€3,743€1,972€4,232€2,562€672€241▼ 64.2%
Furniture and vehicles24---€1,972€4,232€2,562€672€241▼ 64.2%
Current assets29/58€29,890€60,378€95,485€102,768€166,435€127,952€13,092€1,188▼ 90.9%
Amounts receivable within one year40/41€130€27,130€3,317€36,967€36,130€36,130€2,403--
Trade receivables40---€808--€329--
Other amounts receivable41---€36,159€36,130€36,130€2,074--
Cash at bank and in hand54/58€29,760€33,248€92,064€65,718€130,105€90,077€10,545€1,188▼ 88.7%
Deferred charges and accrued income490/1---€83€200€1,745€144--
Equity and liabilities
Total equity and liabilities10/49€32,211€62,704€99,229€104,739€170,666€130,514€13,765€1,429▼ 89.6%
Equity10/15€5,595€45,466€75,144€78,528€112,769€95,881€4,634-€891-
Contributions10/11----€10,000€10,000€10,000€10,000=
Capital10----€10,000€10,000€10,000€10,000=
Reserves13----€34,241€34,241---
Profit (loss) carried forward14-€4,405€35,466€65,144€68,528€68,528€51,640-€5,366-€10,891▼ 103%
Amounts payable17/49€26,616€17,238€24,084€26,211€57,897€34,633€9,130€2,320▼ 74.6%
Amounts payable within one year42/48€26,616€17,238€24,084€21,537€57,897€34,633€9,130€2,320▼ 74.6%
Trade debts44€1,991€1,467€3,214€76€20,613€19,158€1,857€2,320▲ 24.9%
Suppliers440/4---€76€20,613€19,158€1,857€2,320▲ 24.9%
Taxes, remuneration and social security45---€21,461€37,284€15,475€7,273--
Taxes450/3----€2,256-€7,273--
Remuneration and social security454/9---€21,461€35,029€15,475---
Accrued charges and deferred income492/3---€4,675-----
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€38,230€39,871€29,679€3,384€34,241-€16,888-€91,247-€5,525▲ 93.9%
+ Depreciation and write-downs630€3,627€2,810€3,298€1,772€2,798€1,793€834€432▼ 48.2%
Operating cash flow (approximation)-€34,604€42,680€32,977€5,155€37,039-€15,096-€90,413-€5,094▲ 94.4%
Investment in fixed assets (approximation)--€2,814-€4,716€0-€5,058-€123€1,056€0▼ 100%
Change in cash-€3,489€58,816-€26,347€64,387-€40,028-€79,532-€9,357▲ 88.2%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 11 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 micro format 17-06-2026 2026-00168977
31-12-2024 micro format 19-05-2025 2025-00103628
31-12-2023 micro format 18-06-2024 2024-00138116
31-12-2022 micro format 13-07-2023 2023-00233942
31-12-2021 micro format 09-06-2022 2022-20053400
31-12-2020 micro format 28-05-2021 2021-15900192
31-12-2019 full format 25-06-2020 2020-21000261
31-12-2018 full format 10-07-2019 2019-31000097
31-12-2017 full format 13-06-2018 2018-18200411
31-12-2016 full format 27-06-2017 2017-24800254

Show all 11 filings

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 419 active companies whose main activity is scientific research and development (NACE 72200), figures are known for 142. See the whole sector

Subsidies and aid

Wallonia-Brussels Federation

2023 to 2024 · 3 entries · €216,000 in total
Year Entries Paid
2024 1 €36,000
2023 2 €180,000

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.