Skip to content

Le Tilleul

Active
Non-profit associationfounded 1994active for 32 yearsRue de Huy 200, 4300 Waremme, BelgiumKBO/BCE: BE 0454.349.582
Summary

Le Tilleul has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €925,279 and a net result of €49,869. Equity remains stable across the filed financial years (±1.9% per year). Its solvency ranks better than 57% of 550 sector peers (NACE 85, financial year 2024). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Vocational training
NACE 85592
6th largest employer in Waremme2 sites
Size
€433,128turnover 2024
Staff
43.9 FTE
Equity
€925,279
Surplus
€49,869
Financial health
56 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Board
8 members
Accounts 78 days overdue2 of 20 deeds read
Why 56raises riskCapped at 59: a confirmed filing findingFigures for financial year 2024 (filed 17-07-2025)Size: turnover €433,128, 43.9 FTE, total assets €1.7mlowers riskLegal form: non-profit associationSector: Education (NACE 85)Show the evidence

Checked score

Score 2024
56 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 60% of its sector peers (NACE 85, small)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Strong
Solvency 81+1
equity 55.5% of total assets
Liquidity 50-27
short-term debt 34.0% · cash 12.2%
Profitability 82+2
return on assets 3.0%
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% (624 companies, NACE 85, small)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 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 05-2025lowest value 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 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026highest value
Credit of up to €40,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity ample (current ratio 2.01, compared with 2.0 in 2023, above the usual 1.5; short-term debt: 34% and cash: 12.2% of total assets), and 44.5% 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 85, small): better than 48% on solvency, 19% on liquidity, 85% on profitability and 89% on growth.

The bankruptcy probability was computed on 16-10-2026 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).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Seven signals.
lowers riskraises riskneutral
lowers risk · Legal form: non-profit association
KBO
raises risk · Figures for financial year 2024 (filed 17-07-2025)
NBB · annual accounts
raises risk · Size: turnover €433,128, 43.9 FTE, total assets €1.7m
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Sector: Education (NACE 85)
KBO
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year €925,279
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 78 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline17-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-07-2025, 15 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
15 days early
2023
33 days early
2022
2 days late
2021
32 days late
2020
30 days late
2019
105 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 20 days after the deadline; the sector median (NACE 85) for financial year 2024 is 16 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignation: Dr Michel MARTIN (director)Reappointments: Mme Rachel GARCET, Mme…
  2. Annual accounts filedfinancial year 2024 · full…
  3. Highest result from 2018 to 2024net €49,869 ▲152%

Key points

  • Positive: Turnover rose in 2024from €185,853 to €433,128 ▲ 133% View
  • Caution: Accounts not fileddeadline was 31-07-2026 78 days late View
  • Positive: 6th largest employer in Waremmein the Checked rankings No. 6 View
  • Positive: 4 years of growth in a rowturnover 2024: €433,128 4 years View

By topic

Financials

Financial year
2024
Turnover
€433,128
Profit
€49,869
Solvency
55.5%
Turnover▲ 133%
Net result
20182024
Go to Financials

Board & ownership

Board
8 members
  • Mr Julien HUMBLETChair
  • M. Luc JANSENDirector
  • M. Albert CREPINDirector
  • M. Eric FRANCOISDirector
  • M. Marc GARCETDirector

and 3 other directors

Go to Board & ownership

Timeline

Events
16
Since
2009
  1. 23-09-2024Appointments: Julien HUMBLET, Luc JANSEN and 3…
  2. 28-06-2024Annual accounts filed
  3. 02-08-2023Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Non-profit association
Activity
Vocational trainingNACE 85592
Founded
11-10-1994
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.