La Bobine
ActiveSummary
La Bobine has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €171k and a net result of €12k. Equity is growing by ~4.5% per year across the filed fiscal years. Its solvency ranks better than 24% of 435 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability80▲+68
Solvency45=
Growth59▲+10
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.5 against 1.43 in 2024; short-term debt: 42.3% and cash: 23.6% of total assets), and 79.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 85
Relative position
BE, all sectors
reference
Education (NACE 85)
about 77% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
20.4%
Return on assets
1.5%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 435 sector peers (2025).
NBB · sector comparisonPosition among 435 sector peers
Solvency
better than 24%
← weakest
strongest →
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 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
31 d early
2023
23 d early
2022
34 d early
2021
25 d early
2020
31 d early
2019
48 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€12k▼ 35.8%
2024 · €19k
2018: €16k
2019: €12k▼ -25.1% vs 2018
2020: €11k▼ -6.0% vs 2019lowest in 8 years
2021: €22k▲ +95.5% vs 2020highest in 8 years
2022: €14k▼ -34.6% vs 2021
2023: €18k▲ +23.3% vs 2022
2024: €19k▲ +7.6% vs 2023
2025: €12k▼ -35.8% vs 2024
2018 → 2025
EBIT margin
94.3%▲ 141.9pp
2024 · -47.6%
2018: -12.8%
2019: 48.7%▲ +480% vs 2018
2020: 129.7%▲ +166% vs 2019highest in 8 years
2021: 52.3%▼ -59.7% vs 2020
2022: 32.3%▼ -38.2% vs 2021
2023: -55.1%▼ -271% vs 2022lowest in 8 years
2024: -47.6%▲ +13.7% vs 2023
2025: 94.3%▲ +298% vs 2024
2018 → 2025
Net result
€12k
2024 · €-8k
2018: €-2k
2019: €6k▲ +378% vs 2018
2020: €48k▲ +728% vs 2019highest in 8 years
2021: €12k▼ -76.1% vs 2020
2022: €5k▼ -60.5% vs 2021
2023: €-10k▼ -318% vs 2022lowest in 8 years
2024: €-8k▲ +19.1% vs 2023
2025: €12k▲ +253% vs 2024
2018 → 2025
Working capital
€177k▲ 37.1%
2024 · €129k
2018: €70klowest in 8 years
2019: €97k▲ +38.7% vs 2018
2020: €189k▲ +94.1% vs 2019
2021: €204k▲ +8.1% vs 2020
2022: €261k▲ +27.6% vs 2021highest in 8 years
2023: €229k▼ -12.2% vs 2022
2024: €129k▼ -43.6% vs 2023
2025: €177k▲ +37.1% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€22k-€14k▼ 34.6%€18k▲ 23.3%€19k▲ 7.6%€12k▼ 35.8%
2021: €22khighest in 5 years
2022: €14k▼ -34.6% vs 2021
2023: €18k▲ +23.3% vs 2022
2024: €19k▲ +7.6% vs 2023
2025: €12k▼ -35.8% vs 2024lowest in 5 years
Equity€174k-€178k▲ 2.1%€167k▼ 6.0%€159k▼ 4.8%€171k▲ 7.7%
2021: €174k
2022: €178k▲ +2.1% vs 2021highest in 5 years
2023: €167k▼ -6.0% vs 2022
2024: €159k▼ -4.8% vs 2023lowest in 5 years
2025: €171k▲ +7.7% vs 2024
Operating result€12k-€5k▼ 59.6%€-10k€-9k▲ 7.2%€12k
2021: €12k
2022: €5k▼ -59.6% vs 2021
2023: €-10k▼ -310% vs 2022lowest in 5 years
2024: €-9k▲ +7.2% vs 2023
2025: €12k▲ +227% vs 2024highest in 5 years
Net result€12k-€5k▼ 60.5%€-10k€-8k▲ 19.1%€12k
2021: €12k
2022: €5k▼ -60.5% vs 2021
2023: €-10k▼ -318% vs 2022lowest in 5 years
2024: €-8k▲ +19.1% vs 2023
2025: €12k▲ +253% vs 2024highest in 5 years
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €12k after a loss of €9k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €838k
Fixed assets
€306k ▼ 13.0%
Current assets
€532k ▲ 24.0%
Equity and liabilities €838k
Equity
€171k ▲ 7.7%
Provisions
€44k ▲ 308%
Debt
€623k ▲ 1.9%
Debt's share of the balance-sheet total falls from 78.3% to 74.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€13k▲
2024 · €-8k
Cash flow
€13k▲
2024 · €-7k
Current ratio
1.50▲
2024 · 1.43
Debt to equity
3.64▼
2024 · 3.84
ROE
7.2%▲
2024 · -5.0%
ROA
1.5%▲
2024 · -1.0%
Interest coverage
79.07▲
2024 · -44.94
Debt ≤ 1 year
€355k▲
2024 · €300k
Debt > 1 year
€255k▼
2024 · €300k
Income taxes
€346▼
2024 · €563
Staff costs
€1.51M▼
2024 · €1.52M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€781k€838k▲
Fixed assets21/28€352k€306k▼
Tangible fixed assets22/27€351k€305k▼
Plant, machinery and equipment23€6k€5k▼
Leasing and similar rights25€344k€300k▼
Other tangible fixed assets26€245-
Financial fixed assets28€1k€1k=
Current assets29/58€429k€532k▲
Amounts receivable within one year40/41€250k€325k▲
Other amounts receivable41€250k€325k▲
Cash at bank and in hand54/58€166k€198k▲
Deferred charges and accrued income490/1€13k€9k▼
Equity and liabilities
Total equity and liabilities10/49€781k€838k▲
Equity10/15€159k€171k▲
Contributions10/11€170k€170k=
Capital10€170k€170k=
Profit (loss) carried forward14€-11k€1k▲
Provisions and deferred taxes16€11k€44k▲
Provisions for liabilities and charges160/5€11k€2k▼
Major repairs and maintenance162€11k-
Other liabilities and charges164/5-€2k
Amounts payable17/49€611k€623k▲
Amounts payable after more than one year17€300k€255k▼
Financial debts170/4€300k€255k▼
Amounts payable within one year42/48€300k€355k▲
Current portion of amounts payable after more than one year42€45k€45k=
Trade debts44€66k€103k▲
Suppliers440/4€66k€103k▲
Taxes, remuneration and social security45€189k€207k▲
Remuneration and social security454/9€189k€207k▲
Accrued charges and deferred income492/3€12k€13k▲
Income statement
Code20242025
Turnover70€19k€12k▼
Non-recurring operating income76A€3k€10k▲
Goods, raw materials, services and sundry goods60/61€117k€126k▲
Remuneration, social security and pensions62€1.52M€1.51M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k=
Other operating charges640/8€401€251▼
Non-recurring operating charges66A€372€4k▲
Gross operating margin9900€1.52M€1.56M▲
Operating profit (loss)9901€-9k€12k▲
Financial income75/76B€2k€1k▼
Recurring financial income75€2k€1k▼
Financial charges65/66B€179€161▼
Recurring financial charges65€179€161▼
Profit (loss) for the period before taxes9903€-7k€13k▲
Income taxes67/77€563€346▼
Profit (loss) for the period9904€-8k€12k▲
Profit (loss) for the period to be appropriated9905€-8k€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-11k€1k▲
Profit (loss) brought forward from the previous period14P€-3k€-11k▼
Social balance
Average headcount (FTE)908725.725.0▼
The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €22k | €14k | €18k | €19k | €12k | ▼ 35.8% |
| Non-recurring operating income76A | €13k | €116 | €2k | €3k | €10k | ▲ 212% |
| Goods, raw materials, services and sundry goods60/61 | €153k | €113k | €155k | €117k | €126k | ▲ 7.5% |
| Remuneration, social security and pensions62 | €1.09M | €1.30M | €1.45M | €1.52M | €1.51M | ▼ 0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3k | €3k | €2k | €1k | €1k | = |
| Other operating charges640/8 | €55 | €216 | €327 | €401 | €251 | ▼ 37.5% |
| Non-recurring operating charges66A | €2k | €862 | €16k | €372 | €4k | ▲ 849% |
| Gross operating margin9900 | €1.10M | €1.31M | €1.43M | €1.52M | €1.56M | ▲ 3.1% |
| Operating profit (loss)9901 | €12k | €5k | €-10k | €-9k | €12k | ▲ 227% |
| Financial income75/76B | €1 | €0 | €174 | €2k | €1k | ▼ 38.5% |
| Recurring financial income75 | €1 | €0 | €174 | €2k | €1k | ▼ 38.5% |
| Financial charges65/66B | €75 | €133 | €170 | €179 | €161 | ▼ 10.2% |
| Recurring financial charges65 | €75 | €133 | €170 | €179 | €161 | ▼ 10.2% |
| Profit (loss) for the period before taxes9903 | €12k | €5k | €-10k | €-7k | €13k | ▲ 269% |
| Income taxes67/77 | - | - | €52 | €563 | €346 | ▼ 38.5% |
| Profit (loss) for the period9904 | €12k | €5k | €-10k | €-8k | €12k | ▲ 253% |
| Profit (loss) for the period to be appropriated9905 | €12k | €5k | €-10k | €-8k | €12k | ▲ 253% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €916k | €974k | €930k | €781k | €838k | ▲ 7.3% |
| Fixed assets21/28 | €439k | €404k | €360k | €352k | €306k | ▼ 13.0% |
| Tangible fixed assets22/27 | €439k | €403k | €360k | €351k | €305k | ▼ 13.0% |
| Plant, machinery and equipment23 | - | €8k | €7k | €6k | €5k | ▼ 13.8% |
| Leasing and similar rights25 | €435k | €393k | €352k | €344k | €300k | ▼ 13.0% |
| Other tangible fixed assets26 | €4k | €2k | €490 | €245 | - | - |
| Financial fixed assets28 | €877 | €877 | €877 | €1k | €1k | = |
| Current assets29/58 | €477k | €570k | €570k | €429k | €532k | ▲ 24.0% |
| Amounts receivable within one year40/41 | €258k | €328k | €322k | €250k | €325k | ▲ 30.2% |
| Trade receivables40 | - | - | €460 | - | - | - |
| Other amounts receivable41 | €258k | €328k | €321k | €250k | €325k | ▲ 30.2% |
| Cash at bank and in hand54/58 | €187k | €226k | €232k | €166k | €198k | ▲ 19.3% |
| Deferred charges and accrued income490/1 | €32k | €16k | €17k | €13k | €9k | ▼ 34.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €916k | €974k | €930k | €781k | €838k | ▲ 7.3% |
| Equity10/15 | €174k | €178k | €167k | €159k | €171k | ▲ 7.7% |
| Contributions10/11 | - | - | - | €170k | €170k | = |
| Capital10 | - | - | - | €170k | €170k | = |
| Profit (loss) carried forward14 | €2k | €7k | €-3k | €-11k | €1k | ▲ 112% |
| Investment grants15 | €2k | €806 | - | - | - | - |
| Provisions and deferred taxes16 | €32k | €32k | €11k | €11k | €44k | ▲ 308% |
| Provisions for liabilities and charges160/5 | €32k | €32k | €11k | €11k | €2k | ▼ 81.5% |
| Major repairs and maintenance162 | €32k | €32k | €11k | €11k | - | - |
| Other liabilities and charges164/5 | - | - | - | - | €2k | - |
| Amounts payable17/49 | €710k | €764k | €752k | €611k | €623k | ▲ 1.9% |
| Amounts payable after more than one year17 | €393k | €352k | €308k | €300k | €255k | ▼ 14.9% |
| Financial debts170/4 | €393k | €352k | €308k | €300k | €255k | ▼ 14.9% |
| Amounts payable within one year42/48 | €272k | €309k | €341k | €300k | €355k | ▲ 18.3% |
| Current portion of amounts payable after more than one year42 | €41k | €41k | €45k | €45k | €45k | = |
| Trade debts44 | €47k | €82k | €96k | €66k | €103k | ▲ 56.1% |
| Suppliers440/4 | €47k | €82k | €96k | €66k | €103k | ▲ 56.1% |
| Taxes, remuneration and social security45 | €165k | €185k | €201k | €189k | €207k | ▲ 9.5% |
| Remuneration and social security454/9 | €165k | €185k | €201k | €189k | €207k | ▲ 9.5% |
| Accrued charges and deferred income492/3 | €45k | €103k | €104k | €12k | €13k | ▲ 11.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €12k | €5k | €-10k | €-8k | €12k | ▲ 253% |
| + Depreciation and write-downs630 | €3k | €3k | €2k | €1k | €1k | = |
| Operating cash flow (approximation) | €15k | €8k | €-8k | €-7k | €13k | ▲ 293% |
| Investment in fixed assets (approximation) | - | €33k | €41k | €7k | €45k | ▲ 499% |
| Change in cash | - | €39k | €6k | €-66k | €32k | ▲ 149% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-09
State Gazette act
Resignations: LEDOYEN Beatriz (administrateur trice) and MUTEN Jacqueline (administrateur trice)Appointments: BOURDOUXHE Jean-Marc, CLAUSSE Danielle and 7 others · Power of attorney14 facts ▸
State Gazette act
Resignations: LEDOYEN Beatriz (administrateur trice) and MUTEN Jacqueline (administrateur trice)
Appointments: BOURDOUXHE Jean-Marc, CLAUSSE Danielle and 7 others · Power of attorney14 facts ▸
- General meeting, 15-06-2026
- Board meeting, 20-08-2026
- Director resignation, LEDOYEN Beatriz (administrateur trice)
- Director resignation, MUTEN Jacqueline (administrateur trice)
- Director appointment, BOURDOUXHE Jean-Marc (director)
- Director appointment, CLAUSSE Danielle (director)
- Director appointment, COULON Michelle (director)
- Director appointment, DEVREUX Pierre (director)
- Director appointment, HONORE Nathalie (director)
- Director appointment, LUYPAERT Alain (director)
- Director appointment, PIROTTE Daniel (secretary)
- Director appointment, STEIN Dominique (director)
- +2 further facts in this act
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Back to profitnet €12k
Net result €12k after 2 loss-making years.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet €-10k
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €48k ▲728%
Operating result €15k, net result €48k, both a record.
31-12
Financial
Equity above €150kEq €163k ▲38.9%
2 profitable years in a row build equity to €163k.
17-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 48 days late
Show earlier events
2019
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
03-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
28-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 19 acts read
About the unread acts
Of the 19 Belgian State Gazette acts we know for this company, 1 has been read. The other 18 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
under verification, last change in 2026
This board is reconstructed from a single act (26112686). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Alain LUYPAERT
CurrentDirector · since 07-09-2026
BOURDOUXHE Jean-Marc
CurrentDirector · since 07-09-2026
Danielle CLAUSSE
CurrentDirector · since 07-09-2026
Dominique STEIN
CurrentDirector · since 07-09-2026
Jean-Luc VRANCKEN
CurrentChair · since 07-09-2026
Michelle COULON
CurrentDirector · since 07-09-2026
3 other directors
Nathalie HONORE
CurrentDirector · since 07-09-2026
Pierre DEVREUX
CurrentDirector · since 07-09-2026
PIROTTE Daniel
CurrentSecretary · since 07-09-2026
07-09-2026
Alain LUYPAERT: Appointed as Director
07-09-2026
BOURDOUXHE Jean-Marc: Appointed as Director
07-09-2026
Danielle CLAUSSE: Appointed as Director
07-09-2026
Dominique STEIN: Appointed as Director
07-09-2026
Jean-Luc VRANCKEN: Appointed as Chair
Not every act has been read: a resignation may be missing here
18 of this company's 19 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Liège · 1 establishment unit since 1987
Ground area
3,678 m²
Building footprint
2,785 m²
Volume, LiDAR
92,410 m³
Parcel 62809C0191/00A021, Wallonia · tallest building 90.3 m, ±5 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
La Bobine
since 19872.159.523.074
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62809C0191/00A021 | Wallonia | 3,678 m² | 1 · 2,785 m² | 90.2 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Articles of association
Other provisions of the articles (1)
- Other statement: fin de la délégation, fin de la fonction de direction ou décision de l'Organe d'administration
Structure & network
Connections & network
1 connected companyLinked via shared directors
via BOURDOUXHE Jean-Marc · Director
former→
Public money · subsidies and aid
Wallonia-Brussels Federation
2023 to 2025 · 15 entries · 355,355 EUR in total| Year | Entries | paid |
|---|---|---|
| 2025 | 6 | 162,034 EUR |
| 2024 | 5 | 161,181 EUR |
| 2023 | 4 | 32,140 EUR |
Budget allocations
Sub. - PV : Crèches
Subventions aux associations reconnues à durée indéterminée dans le cadre du décret du 17 juillet 2003
Subventions aux associations reconnues à durée déterminée et indéterminée dans le cadre du décret du 17 juillet 2003
Sub. - PV : LREP
Recognitions · licences · registrations
Food safety, FASFC
1 siteLiège2.159.523.074
Similar companies · same sector, comparable size
Lire et Ecrire Charleroi Sud Hainaut
BE 0436.627.682
Charleroi · Eq €174k
Lire et écrire Brabant wallon
BE 0434.982.939
Nivelles · Eq €183k
LIRE ET ECRIRE NAMUR
BE 0438.334.189
Namur · Eq €189k
Lire et Ecrire Centre Mons Borinage
BE 0435.445.866
La Louvière · Eq €191k
Lire et Ecrire, Régionale de Verviers
BE 0446.292.644
Verviers · Eq €146k
Of 56 companies in sector 85207 we hold annual accounts for 33. 24 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formNon-profit association
Founded20-08-1987
Fiscal year end31-12
Activities, NACEBEL 2025
85207Education
Scores and ratios are computed by Checked and are not a credit decision.