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LE NID

Active
Non-profit associationfounded 1976active for 50 yearsRue du Moulin 26, 6740 Etalle, BelgiumKBO/BCE: BE 0416.520.770
Summary

LE NID has been active since 1976 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €44,031 and a net result of -€20,135. Its solvency ranks better than 25% of 697 sector peers (NACE 88, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Social work activities without accommodation
NACE 88992
4th oldest company in Etalle1 site
Size
€288,074total assets 2025
Equity
€44,031
Deficit
-€20,135
Turnover not published (micro format)
Financial health
92 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Board
5 members
2025 accounts 29 days early2 of 5 deeds summarised
Why 92raises riskLoss of €20,135 (financial year 2025)lowers riskLegal form: non-profit associationSize: total assets €288,074Sector: Social work activities without accommodation (NACE 88)Show the evidence

Checked score

Score 2025
92 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 32% of its sector peers (NACE 88, micro)
Financial strength
Weak
Solvency 40
equity 15.3% of total assets
Liquidity 75
short-term debt 49.4% · cash 84.8%
Profitability 10
return on assets -7.0%
Bankruptcy probability, 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% (1,126 companies, NACE 88, micro)
Last 24 months 11-2024: < 0.1%highest value 12-2024: < 0.1%● unchanged vs 11-2024highest value 01-2025: < 0.1%● unchanged vs 12-2024highest value 02-2025: < 0.1%● unchanged vs 01-2025highest value 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 06-2025 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 03-2026 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 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value
Credit of up to €4,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.9, above the usual 1.5; short-term debt: 49.4% and cash: 84.8% of total assets), but 84.7% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 24% on solvency, 61% on liquidity and 13% on profitability.

The bankruptcy probability was computed on 25-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Legal form: non-profit association
KBO
lowers risk · Size: total assets €288,074
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Loss of €20,135 (financial year 2025)
NBB · annual accounts
lowers risk · Sector: Social work activities without accommodation (NACE 88)
KBO
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 02-07-2026, 29 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
29 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Resignations: Michaël Mathieu (director) and Béatrice…Admissions: Didier Rasch, Pierre Jacob…
  3. Admission: Michel LEFEVRE (full member)Appointments: Michel LEFEVRE, Jocelyne POURVEUR…

Key points

  • Caution: Among the weakest 12% on net resultsector median €9,007 · 700 companies -€20,135 View
  • Wallonia-Brussels supportpaid from 2021 to 2025 €1.6m View
  • Active since 1976founded 01-09-1976 50 years View

By topic

Financials

Financial year
2025
Total assets
€288,074
Loss
-€20,135
Solvency
15.3%
Go to Financials

Board & ownership

Board
5 members
  • Jocelyne PourveurChair
  • Didier RaschDirector
  • Florian KuneDirector
  • Pierre JacobDirector
  • Michel LEFEVREDirector
Go to Board & ownership

Company details

Sites
1
Legal form
Non-profit association
Activity
Social work activities without accommodationNACE 88992
Founded
01-09-1976
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
37
Purpose
“Apporter à l'enfant, sa famille et ses familiers une aide éducative dans le cadre familial…” (deed in French)
Go to Articles of association

Key facts about LE NID

What is the company number of LE NID?
0416.520.770. In Belgium the VAT number is the company number with BE in front: BE 0416.520.770.
Where is LE NID based?
The registered office is at Rue du Moulin 26, 6740 Etalle.Company details
What does LE NID do?
According to the KBO register, the main activity is social work activities without accommodation (NACE 88992).
What is the legal form of LE NID?
Non-profit association (VZW).
When was LE NID founded?
On 01-09-1976.
Is LE NID still active?
Yes, LE NID is an active enterprise in the KBO register.
What is the turnover of LE NID?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is LE NID profitable?
In financial year 2025, LE NID made a loss of €20,135.
Where can I find the annual accounts of LE NID?
LE NID filed 1 annual account with the National Bank of Belgium, for financial year 2025.

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