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Latitude J

Active
Non-profit associationfounded 1999active for 27 yearsRue du Centre 32, 4651 Herve, BelgiumKBO/BCE: BE 0467.229.006
Summary

Latitude J has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €80,677 and a net result of €9,196. Equity has been stable since 2019 (±2.4% per year). Its solvency ranks better than 27% of 699 sector peers (NACE 88, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 29-03-1999 Normal situation
Activity
Social work activities without accommodation NACE 88992
Establishment unit
2.198.691.575 4651 Herve, since 01-01-2008
Financial year end
31 December
Peppol
Reachable since 07-10-2025

Board and ownership

Financial position

93 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€616,539
▲ 32.3%
Turnover
≈ €720,000
estimated
Surplus
€9,196
▼ 26.3%
Equity
€80,677
▲ 10.9%
Total assets
€476,578
▼ 4.3%
Staff
≈ 9.6 FTE
estimated
Score breakdownlowers riskLegal form: non-profit associationSize: total assets €476,578Liquidity: current ratio 1.15, cash €375,680Sector: Social work activities without accommodation (NACE 88)Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 41% of micro companies in social work without accommodation (NACE 88)
Financial strength · tick: 2024
Average
Solvency 42+2
equity 16.9% of total assets
Liquidity 56-20
short-term debt 80.2% · cash 78.8%
Profitability 71-1
return on assets 1.9%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median < 0.1% (1,127 companies, NACE 88, micro)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025highest value 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026lowest value 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026
Credit of up to €7,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.15 (2.02 in 2024), below the usual 1.5. Short-term debt is 80.2% and cash 78.8% of total assets. 83.1% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 88, micro). It does better than 25% of them on solvency, 37% on liquidity, 47% on profitability and 56% on growth.

The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Six signals.
lowers riskneutral
lowers risk · Legal form: non-profit association
KBO
lowers risk · Size: total assets €476,578
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.15, cash €375,680
NBB · annual accounts
lowers risk · Sector: Social work activities without accommodation (NACE 88)
KBO
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year €80,677
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 30-06-2026, 31 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
31 days early
2024
31 days early
2023
33 days early
2022
28 days early
2021
24 days early
2020
8 days early
2019
15 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 24 days before the deadline. In the sector (NACE 88), the median for financial year 2024 was 24 days before the deadline, and 25% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Board changedlatest change 28-07-2026 · 12 in office 4 joined · 15 left View
  • Positive: 8th oldest company in Herve, Health and social work sectorin the Checked rankings No. 8 View
  • Wallonia-Brussels supportpaid from 2021 to 2025 €1.5m View
  • Positive: Always filed on timeaccounts within the deadline every year 7 years View

Recent changes

  1. · Gazette deed Resignations: Jean Duysens, Bénédicte Serville and 13 othersReappointments: Pierre Henry, Fabian Rahier and Eddy-Pascal Piret · Appointments: Marine Pirotte, Nicole Vangeebergen and 2 others
  2. · Gazette deed Appointment: Loïs VOIGT (director)
All 12 events

Comparable companies

These companies have the same main activity as Latitude J: social work activities without accommodation (NACE 88992). They are comparable in size and age: total assets between €413,000 and €594,000, founded between 1995 and 2004.

CompanyTotal assetsGross margin
Latitude J Herve€476,578€616,539
AUX SOURCES Huy€554,965€581,533
Le Gué Marche-en-Famenne€412,510€591,429
ACTION EN MILIEU OUVERT (A.M.O.) PLAN J Tubize€440,556€650,581
atMOsphères Schaarbeek€593,774€572,308
Centre de Rencontre en Milieu ouvert favorisant l'Insertion sociale et l'Entraide Rixensart€587,589€641,962
LA PARTICULE Hannut€567,573€581,744
Full comparison

Key facts about Latitude J

What is the company number of Latitude J?
The company number of Latitude J is 0467.229.006. The VAT number is the same number with BE in front: BE 0467.229.006.
Where is Latitude J based?
The registered office is at Rue du Centre 32, 4651 Herve.Company details
What does Latitude J do?
According to the KBO register, the main activity is social work activities without accommodation (NACE 88992).
What is the legal form of Latitude J?
The legal form of Latitude J is Non-profit association (VZW).
When was Latitude J founded?
Latitude J was founded on 29-03-1999.
Is Latitude J still active?
Yes, Latitude J is an active enterprise in the KBO register.
How many employees does Latitude J have?
Latitude J had an average of 3.4 full-time equivalents in financial year 2019, according to the filed annual accounts.Financials
What is the turnover of Latitude J?
The turnover in financial year 2025 is ≈ €720,000. This figure is estimated from the gross margin of €616,539 and 30 comparable companies (NACE 889). It probably lies between €680,000 and €830,000.
Is Latitude J profitable?
In financial year 2025, Latitude J made a profit of €9,196.
Where can I find the annual accounts of Latitude J?
Latitude J filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Latitude J due?
Latitude J must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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