LIAGES ASBL

Active

Non-profit associationfounded 1977active for 49 yearsSint-Jansplein 1, 1000 Brussel, BelgiumKBO/BCE: BE 0417.191.258

Summary

LIAGES ASBL has been active since 1977 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €407,844 and a net result of €29,393. Equity is growing by about 10% per year across the filed financial years. Its solvency ranks better than 55% of 745 sector peers (NACE 94, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow Report Compare

LIAGES ASBLActiveChecked score 94/100

Risk analysis Report Compare

Activity

Other membership organisations

NACE 94999

1 site

Size

€200turnover 2025

Staff: 7.6 FTE
Equity: €407,844
Surplus: €29,393

Financial health

94 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: < 0.1%

Structure

Board: 11 members

Auditor: PwC Reviseurs d'EntreprisesAccounts 37 days early

Why 94lowers riskLegal form: non-profit associationSector: Activities of membership organisations (NACE 94)Liquidity: current ratio 3.14, cash €82,796Equity €407,844 (68.1% of total assets)Show the evidence

Checked score

Score 2025

94 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 54% of its sector peers (NACE 94, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 93-1

equity 68.1% of total assets

Liquidity 54-8

short-term debt 31.9% · cash 13.8%

Profitability 83=

return on assets 4.9%

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% (1,217 companies, NACE 94, micro)

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 03-2025highest value 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025lowest value 08-2025: < 0.1%● unchanged vs 07-2025lowest value 09-2025: < 0.1%● unchanged vs 08-2025lowest value 10-2025: < 0.1%● unchanged vs 09-2025lowest value 11-2025: < 0.1%● unchanged vs 10-2025lowest value 12-2025: < 0.1%● unchanged vs 11-2025lowest value 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026lowest value 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 09-2026

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 94, micro): better than 51% on solvency, 21% on liquidity, 80% on profitability and 63% on growth.

The bankruptcy probability was computed on 21-10-2026 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 riskneutral

Legal form: non-profit association

KBO

Sector: Activities of membership organisations (NACE 94)

KBO

Liquidity: current ratio 3.14, cash €82,796

NBB · annual accounts

Equity €407,844 (68.1% of total assets)

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-06-2026, 37 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

37 days early

2024

44 days early

2023

50 days early

2022

33 days early

2021

17 days early

2020

22 days early

2019

38 days early

← 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 34 days before the deadline; the sector median (NACE 94) for financial year 2024 is 29 days before the deadline, and 25% of those companies filed late.

Searched, nothing found (2)

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 24 June (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

22-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

08-09-2026 Admission: Pauline Calandrini (member)Withdrawals: Pascale Martin (member) and…
24-06-2026 Annual accounts filedfinancial year 2025 · full…
25-11-2025 Admissions: Jessica Herbots, Marielle Papy and…Withdrawals: Frédéric Hennaut, Philippe Van…

Key points

Board changedlatest change 08-09-2026 · 11 in office 4 joined · 3 left View
Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
Positive: 8 profitable years in a rowprofit 2025: €29,393 8 years View
Wallonia-Brussels supportpaid from 2023 to 2025 €1.3m View
Active since 1977founded 07-03-1977 49 years View