LA SOURCE, UNE CASCADE DE RESSOURCES
The computed 12-month bankruptcy probability of LA SOURCE, UNE CASCADE DE RESSOURCES is < 0.1% (very low). The 2022 annual accounts show equity of €35k and a net result of €-31k. Equity is growing by ~51.9% per year across the filed fiscal years. Its solvency ranks better than 35% of 459 sector peers (fiscal year 2022). The company has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €35k |
| Net result | €-31k |
| Staff (FTE) | 51.1 |
| Better than sector | 35% |
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 15.4% | 36.2% | |
| Net result | €-31k | €4k | |
| Equity | €35k | €13k | |
| Gross operating margin | €1.19M | €14k | |
| Staff costs | €1.21M | €31k |
Show 9 other metrics
| Fiscal year | 2022 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €-27k |
| Net profit | €-31k |
| Cash flow | €-13k |
| Staff costs | €1.21M |
| Income taxes | - |
| Dividends | - |
| Total assets | €225k |
| Equity | €35k |
| Debt | €191k |
| of which ≤ 1y | €187k |
| of which > 1y | - |
| Working capital | €19k |
| Employees (FTE) | 51.1 |
| 2022 | |
|---|---|
| Current ratio | 1.10 |
| Quick ratio | 1.10 |
| Working capital ratio | 8.6% |
| Solvency | 15.4% |
| Debt / equity | 5.51 |
| Long-term debt ratio | - |
| Interest coverage | -114.24 |
| Gross margin | - |
| Net margin | - |
| ROA | -13.6% |
| ROE | -88.9% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (20 line items)
| Line item | Code | 2022 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €225k |
| Fixed assets | 21/28 | €19k |
| Tangible fixed assets | 22/27 | €19k |
| Financial fixed assets | 28 | €25 |
| Current assets | 29/58 | €206k |
| Amounts receivable within one year | 40/41 | €178k |
| Cash & bank | 54/58 | €29k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €225k |
| Equity | 10/15 | €35k |
| Accumulated profits (losses) | 14 | €22k |
| Amounts payable | 17/49 | €191k |
| Amounts payable within one year | 42/48 | €187k |
| Trade debts payable within one year | 44 | €88k |
| Income statement | ||
| Gross operating margin | 9900 | €1.19M |
| Operating result | 9901 | €-44k |
| Financial income | 75 | €14k |
| Financial charges | 65 | €235 |
| Result before taxes | 9903 | €-31k |
| Net result for the period | 9904 | €-31k |
| Result to be appropriated | 9905 | €-31k |
-
BERGER ArnoDirectorState Gazette act 26107519 (21-08-2026)Current21-08-2026 → present
Former directors (1)
-
DELVAUX ClaudeDirectorState Gazette act 26107519 (21-08-2026)Former- → 21-08-2026
| NACE primary | Beroepsopleiding(85592) |
| Legal form | Non-profit association(017) |
| Incorporation | 19-03-1992 |
| Status | Active |
| Postal code | 6830 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 84008A0001/00W005 | Wallonia | 1.7 ha | 1 · 71 m² | - |
| 84010C0092/00T000 | Wallonia | 345 m² | 1 · 162 m² | 14.9 m · 4 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
Of the 14 Belgian State Gazette acts we know for this company, 1 has been read. The other 13 have not been read yet: what they contain is neither established nor disproved here.
21-08-2026 Act object · General meeting · Seat change · Officer resignation
- Act object: Transfert du siège social - Modification de la composition de l'organe d'administration. · La Source, une cascade de ressources
- Publication: 2026-08-21 · La Source, une cascade de ressources
- Filing: 2026-08-05 · La Source, une cascade de ressources
- General meeting: 2026-05-29 · La Source, une cascade de ressources
- Seat change: to: Menuchenet, 8B - 6834 Bellevaux, from: rue du Brutz, 3 -6830 Bouilln · La Source, une cascade de ressources
- Officer resignation: role: administrateur, end_date: 2026-05-29 · DELVAUX Claude
- Officer appointment: role: administrateur, start_date: 2026-05-29 · BERGER Arno
Technical details
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}15-07-2025 2 resigning
- Bellefond Catherine, Bestuurder
- Degrotte Marie - Christine, Bestuurder
Technical details
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}06-12-2024 Patrick URBAIN resigns as director
- Patrick URBAIN, Bestuurder
Technical details
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}30-08-2021 Articles of association amended
Technical details
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}30-08-2019 1 director appointed, 2 resigning
- Dominique Adam, Bestuurder
- Stany Dumay, Bestuurder
- Fabian Dachy, Bestuurder
Technical details
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}18-06-2018 Registered office moved within Bouillon
- rue des Augustins, 10-6830 BOUILLON → rue du Brutz, 3-6830 BOUILLON
Technical details
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}10-11-2016 2 directors appointed, 2 resigning
- Jacques Barnet, Bestuurder
- Christine Degroot, Bestuurder
- Stany Dumay, Bestuurder
- Julie Buchet, Bestuurder
Technical details
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}08-09-2009 Publication in the Belgian Official Gazette, Minor change
Technical details
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"scope_summary": "D\u00E9l\u00E9gation de pouvoirs pour repr\u00E9senter l\u0027association dans les affaires courantes, notamment en mati\u00E8re de gestion administrative et de signature des documents.",
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}29-09-2003 Registered office moved within Bouillon
- Boulevard Heynen,16 6830 Bouillon → 10, rue des Augustins à 6830 Bouillon
Technical details
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}| Legal nameFR | LA SOURCE, UNE CASCADE DE RESSOURCES |
| AbbreviationFR | LA SOURCE |