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LA FOURMILLIERE

Active
Non-profit associationfounded 198541 yrs activeRue de Robio 11, 5575 Gedinne, BelgiumKBO/BCE: BE 0431.262.295
Summary

LA FOURMILLIERE has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €359,185 and a net result of €15,239. Equity remains stable across the filed fiscal years (±2.3% per year). Its solvency ranks better than 85% of 468 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability73▲+8
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30,000 at 30 days acceptable
Liquidity ample (current ratio 4.89 against 5.11 in 2024; short-term debt: 18.9% and cash: 90.5% of total assets), and 19.4% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 88
Relative position
BE, all sectors
reference
Social work activities without accommodation (NACE 88)
about 62% 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 41 years 0 50 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
80.6%
Return on assets
3.4%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 16-06-2026, 45 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
45 d early
2024
38 d early
2023
37 d early
2022
40 d early
2021
37 d early
2020
6 d late
2019
61 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 19 days before the deadline; the sector median for financial year 2024 is 24 days before the deadline, and 25% of the sector filed late.

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. Usually files around 23 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 2 July 1985, LA FOURMILLIERE was incorporated.1 Total assets went from EUR 357,380 in 2018 to EUR 445,589 in 2025 and headcount from 10.6 to 12.9 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€15,239
2024 · -€12,895
Working capital
€328,583▲ 8.0%
2024 · €304,368
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 88, Social work activities without accommodation, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€7,239▲ 38.7%€22,025€32,231▲ 46.3%-€12,735€15,057
Net result-€7,603below the sector's middle half▲ 35.9%€21,491within the sector's middle half€31,929within the sector's middle half▲ 48.6%-€12,895below the sector's middle half€15,239within the sector's middle half
Equity€304,620within the sector's middle half▼ 2.5%€325,811within the sector's middle half▲ 7.0%€359,441within the sector's middle half▲ 10.3%€345,246within the sector's middle half▼ 3.9%€359,185within the sector's middle half▲ 4.0%
Total assets€367,997within the sector's middle half▲ 2.8%€428,292within the sector's middle half▲ 16.4%€432,974within the sector's middle half▲ 1.1%€422,594within the sector's middle half▼ 2.4%€445,589below the sector's middle half▲ 5.4%
Debt€63,377▲ 39.2%€102,481▲ 61.7%€73,534▼ 28.2%€77,348▲ 5.2%€86,404▲ 11.7%
Working capital€267,104within the sector's middle half▲ 1.1%€302,320within the sector's middle half▲ 13.2%€329,680within the sector's middle half▲ 9.1%€304,368within the sector's middle half▼ 7.7%€328,583within the sector's middle half▲ 8.0%
Solvency82.8%above the sector's middle half▼ 4.5pp76.1%above the sector's middle half▼ 6.7pp83.0%above the sector's middle half▲ 6.9pp81.7%above the sector's middle half▼ 1.3pp80.6%above the sector's middle half▼ 1.1pp
Current ratio5.21above the sector's middle half▼ 1.644.08above the sector's middle half▼ 1.145.48above the sector's middle half▲ 1.405.11above the sector's middle half▼ 0.374.89above the sector's middle half▼ 0.22
Return on assets (ROA)-2.1%below the sector's middle half▲ 1.2pp5.0%above the sector's middle half▲ 7.1pp7.4%above the sector's middle half▲ 2.4pp-3.1%below the sector's middle half▼ 10.4pp3.4%within the sector's middle half▲ 6.5pp
Staff (FTE)11.3within the sector's middle half▲ 4.6%11.8within the sector's middle half▲ 4.4%12.2within the sector's middle half▲ 3.4%13within the sector's middle half▲ 6.6%12.9within the sector's middle half▼ 0.8%
above within below the middle half (P25 to P75) of NACE 88, Social work activities without accommodation, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€20,000€0€20,000€40,000Operating result 2021: -€7,239-€7,239Net result 2021: -€7,603-€7,603Operating result 2022: €22,025€22,025Net result 2022: €21,491€21,491Operating result 2023: €32,231€32,231Net result 2023: €31,929€31,929Operating result 2024: -€12,735-€12,735Net result 2024: -€12,895-€12,895Operating result 2025: €15,057€15,057Net result 2025: €15,239€15,23920212022202320242025-€20,000€0€20,000€40,000Operating result 2023: €32,231€32,200Net result 2023: €31,929€31,900Operating result 2024: -€12,735-€12,700Net result 2024: -€12,895-€12,900Operating result 2025: €15,057€15,100Net result 2025: €15,239€15,200202320242025
The operating result returns to profit in 2025: €15,057 after a loss of €12,735 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €445,589
Fixed assets €32,567 ▼ 26.3%
Current assets €413,022 ▲ 9.2%
Equity and liabilities €445,589
Equity €359,185 ▲ 4.0%
Debt €86,404 ▲ 11.7%
Debt's share of the balance-sheet total rises from 18.3% to 19.4%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€29,469▲
2024 · €9,071
Cash flow
€29,651▲
2024 · €8,911
Quick ratio
4.84▼
2024 · 5.06
Debt to equity
0.24▲
2024 · 0.22
ROE
4.2%▲
2024 · -3.7%
Interest coverage
112.61▲
2024 · 56.81
Debt ≤ 1 year
€84,439▲
2024 · €74,028
Staff costs
€580,670▼
2024 · €585,600
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 14,732 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.2% went bankrupt
3.5% stopped otherwise
96% still going

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 497,338 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% 1.9%
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% 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 14,732 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 · 42 lines
Balance sheet Code20242025
Assets
Total assets20/58€422,594€445,589▲
Fixed assets21/28€44,198€32,567▼
Tangible fixed assets22/27€44,198€32,567▼
Plant, machinery and equipment23€15,186€9,889▼
Furniture and vehicles24€29,013€22,678▼
Current assets29/58€378,396€413,022▲
Stocks and contracts in progress3€4,000€4,000=
Stocks30/36€4,000€4,000=
Amounts receivable within one year40/41€7,893€4,856▼
Trade receivables40€7,893€4,856▼
Cash at bank and in hand54/58€365,856€403,464▲
Deferred charges and accrued income490/1€647€702▲
Equity and liabilities
Total equity and liabilities10/49€422,594€445,589▲
Equity10/15€345,246€359,185▲
Contributions10/11€71,801€71,801=
Capital10€71,801€71,801=
Profit (loss) carried forward14€271,245€286,484▲
Investment grants15€2,200€900▼
Amounts payable17/49€77,348€86,404▲
Amounts payable within one year42/48€74,028€84,439▲
Trade debts44€4,261€4,062▼
Suppliers440/4€4,261€4,062▼
Taxes, remuneration and social security45€69,767€80,378▲
Taxes450/3-€3,333
Remuneration and social security454/9€69,767€77,045▲
Accrued charges and deferred income492/3€3,320€1,965▼
Income statement Code20242025
Non-recurring operating income76A€1,000-
Remuneration, social security and pensions62€585,600€580,670▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21,806€14,412▼
Other operating charges640/8€8,137€8,417▲
Gross operating margin9900€602,808€618,555▲
Operating profit (loss)9901-€12,735€15,057▲
Financial income75/76B-€444
Recurring financial income75-€444
Financial charges65/66B€160€262▲
Recurring financial charges65€160€262▲
Profit (loss) for the period before taxes9903-€12,895€15,239▲
Profit (loss) for the period9904-€12,895€15,239▲
Profit (loss) for the period to be appropriated9905-€12,895€15,239▲
Appropriation of the result
Profit (loss) to be appropriated9906€271,245€286,484▲
Profit (loss) brought forward from the previous period14P€284,140€271,245▼
Social balance
Average headcount (FTE)908713.012.9▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A---€1,000--
Remuneration, social security and pensions62€386,791€514,190€555,336€585,600€580,670▼ 0.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,072€11,003€15,360€21,806€14,412▼ 33.9%
Other operating charges640/8€6,714€7,367€7,672€8,137€8,417▲ 3.4%
Non-recurring operating charges66A€15-----
Gross operating margin9900€398,353€554,584€610,599€602,808€618,555▲ 2.6%
Operating profit (loss)9901-€7,239€22,025€32,231-€12,735€15,057▲ 218%
Financial income75/76B--€118-€444-
Recurring financial income75--€118-€444-
Financial charges65/66B€364€534€420€160€262▲ 63.9%
Recurring financial charges65€364€534€420€160€262▲ 63.9%
Profit (loss) for the period before taxes9903-€7,603€21,491€31,929-€12,895€15,239▲ 218%
Profit (loss) for the period9904-€7,603€21,491€31,929-€12,895€15,239▲ 218%
Profit (loss) for the period to be appropriated9905-€7,603€21,491€31,929-€12,895€15,239▲ 218%
Line20212022202320242025Change
Assets
Total assets20/58€367,997€428,292€432,974€422,594€445,589▲ 5.4%
Fixed assets21/28€37,516€27,771€29,761€44,198€32,567▼ 26.3%
Intangible fixed assets21€1,835€1,101€366---
Tangible fixed assets22/27€35,681€26,671€29,394€44,198€32,567▼ 26.3%
Plant, machinery and equipment23€12,654€10,715€21,244€15,186€9,889▼ 34.9%
Furniture and vehicles24€23,027€15,955€8,150€29,013€22,678▼ 21.8%
Current assets29/58€330,480€400,521€403,213€378,396€413,022▲ 9.2%
Stocks and contracts in progress3€4,000€4,000€4,000€4,000€4,000=
Stocks30/36€4,000€4,000€4,000€4,000€4,000=
Amounts receivable within one year40/41€3,570€6,048€6,612€7,893€4,856▼ 38.5%
Trade receivables40€3,570€5,269€6,611€7,893€4,856▼ 38.5%
Other amounts receivable41-€780€1---
Cash at bank and in hand54/58€322,720€389,780€391,970€365,856€403,464▲ 10.3%
Deferred charges and accrued income490/1€191€692€631€647€702▲ 8.5%
Equity and liabilities
Total equity and liabilities10/49€367,997€428,292€432,974€422,594€445,589▲ 5.4%
Equity10/15€304,620€325,811€359,441€345,246€359,185▲ 4.0%
Contributions10/11---€71,801€71,801=
Capital10---€71,801€71,801=
Profit (loss) carried forward14€230,719€252,210€284,140€271,245€286,484▲ 5.6%
Investment grants15€2,100€1,800€3,500€2,200€900▼ 59.1%
Amounts payable17/49€63,377€102,481€73,534€77,348€86,404▲ 11.7%
Amounts payable within one year42/48€63,377€98,201€73,534€74,028€84,439▲ 14.1%
Trade debts44€7,480€9,507€4,470€4,261€4,062▼ 4.7%
Suppliers440/4€7,480€9,507€4,470€4,261€4,062▼ 4.7%
Taxes, remuneration and social security45€55,896€88,694€69,063€69,767€80,378▲ 15.2%
Taxes450/3€2,786€3,834€3,161-€3,333-
Remuneration and social security454/9€53,110€84,861€65,902€69,767€77,045▲ 10.4%
Accrued charges and deferred income492/3-€4,280-€3,320€1,965▼ 40.8%
Line20212022202320242025Change
Profit (loss) for the period9904-€7,603€21,491€31,929-€12,895€15,239▲ 218%
+ Depreciation and write-downs630€12,072€11,003€15,360€21,806€14,412▼ 33.9%
Operating cash flow (approximation)€4,469€32,494€47,289€8,911€29,651▲ 233%
Investment in fixed assets (approximation)--€1,258-€17,349-€36,243-€2,781▲ 92.3%
Change in cash-€67,060€2,190-€26,114€37,608▲ 244%

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
05-08
State Gazette act Resignations: Jean Derriks (treasurer) and José Grosvarlet (secretary)
Appointments: Jean-Claude Schingtienne, Quentin Jacques and Véronique Maldague · Reappointment: Josette Mathieu (director)17 facts ▸
  • Director resignation, Jean Derriks (treasurer)
  • Director resignation, José Grosvarlet (secretary)
  • Director appointment, Jean-Claude Schingtienne (treasurer)
  • Director appointment, Quentin Jacques (director)
  • Director reappointment, Josette Mathieu (director)
  • Director appointment, Véronique Maldague (day-to-day manager)
  • Board composition, Isabelle Hoppe (chair)
  • Board composition, Joëlle Stuerebaut (vice-chair)
  • Board composition, Jean-Claude Schingtienne (treasurer)
  • Board composition, Josette Mathieu (conseiller)
  • Board composition, Marie-France Demars (conseiller)
  • Board composition, Maryse Vanden Noorgate (conseiller)
  • +5 further facts in this act
16-06
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial Back to profitnet €15,239
Net result €15,239 after one loss-making year.
23-06
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Weakest financial yearnet -€12,895
Net result drops to -€12,895, the lowest in the series; recovery starts the following year.
24-06
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial Highest result since 2018net €31,929 ▲48.6%
Operating result €32,231, net result €31,929, both a record.
21-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial Back to profitnet €21,491
Net result €21,491 after 2 loss-making years.
24-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
06-08
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 6 days late
2020
30-09
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 61 days late
2019
30-07
NBB filing Annual accounts filed
fiscal year 2018 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 21 acts read
About the unread acts

Of the 21 Belgian State Gazette acts we know for this company, 1 has been read. The other 20 have not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
under verification, last change in 2026
This board is reconstructed from a single act (26100603). 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.

Board 2

Quentin Jacques
Director · since 05-08-2026
Current
Current

Day-to-day management 1

Véronique Maldague
Day-to-day manager · since 05-08-2026
Current

Other functions 1

Jean-Claude Schingtienne
Treasurer · since 05-08-2026
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
20 of this company's 21 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, Gedinne · 1 establishment unit since 2008
seat establishment approximate The establishment unit on the map
Ground area
5,327 m²
Building footprint
1,209 m²
Volume, LiDAR
9,277 m³
2 parcels, Wallonia · tallest building 15.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
LA FOURMILLIERE
Place Languillier 5, 5575 GedinneOther social work without accommodation
since 20082.178.360.870
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
91054A0277/00M000 Wallonia 3,178 m² 1 · 882 m² 15.5 m · 1 fl.
91054A0253/00H000 Wallonia 2,150 m² 1 · 327 m² 12.5 m · 3 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Mandate history

6 people since 2026, 4 in office
Show
  • Board
  • Day-to-day management
  • Other function
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Josette Mathieu
  • Director, already before 05-08-2026 to date
Quentin Jacques
  • Director, from 05-08-2026 to date
Véronique Maldague
  • Day-to-day manager, from 05-08-2026 to date
Jean-Claude Schingtienne
  • Treasurer, from 05-08-2026 to date
Jean Derriks
  • Treasurer, until 05-08-2026
José Grosvarlet
  • Secretary, until 05-08-2026
See the board, name and seat on a given date →

Structure & network

Connections & network

4 current directors
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.

Public money · subsidies and aid

Wallonia-Brussels Federation

2024 to 2025 · 2 entries · 14,248 EUR in total
Year Entries paid
2025 1 8,097 EUR
2024 1 6,150 EUR
Budget allocations
1 entry · 6,150 EUR

Similar companies · same sector, comparable size

Of 2,200 companies in sector 88999 we hold annual accounts for 806. 637 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
Founded02-07-1985
Fiscal year end31-12
Activities, NACEBEL 2025
88999Other social work without accommodation
E-invoicing
Not found in the Peppol register

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Register as of 29 September 2026 · Peppol Directory

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