Lire et Ecrire - Bruxelles
ActiveSummary
Lire et Ecrire - Bruxelles has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €357k and a net result of €33k. Equity is growing by ~8.3% per year across the filed fiscal years. Its solvency ranks better than 19% of 684 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
64
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▲+1
Solvency42▼-1
Growth68=
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity tight (current ratio 1.3 against 1.26 in 2024; short-term debt: 74.4% and cash: 3% of total assets), and 82.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 85
Relative position
BE, all sectors
reference
Sector 85
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
17.3%
Return on assets
1.6%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 684 sector peers (2025).
NBB · sector comparisonPosition among 684 sector peers
Solvency
better than 19%
← weakest
strongest →
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 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
9 d early
2023
40 d early
2022
32 d early
2021
23 d early
2020
5 d early
2019
24 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€70k▲ 5.0%
2024 · €66k
2018: €49k
2019: €46k
2020: €20k
2021: €22k
2022: €40k
2023: €54k
2024: €66k
2018 → 2025
EBIT margin
70.3%▼ 41.5pp
2024 · 111.8%
2018: 28.2%
2019: 123.4%
2020: 61.7%
2021: 84.1%
2022: 39.0%
2023: 96.6%
2024: 111.8%
2018 → 2025
Net result
€33k▲ 18.8%
2024 · €28k
2018: €3k
2019: €41k
2020: €7k
2021: €15k
2022: €4k
2023: €45k
2024: €28k
2018 → 2025
Working capital
€468k▲ 29.4%
2024 · €361k
2018: €345k
2019: €354k
2020: €346k
2021: €331k
2022: €400k
2023: €349k
2024: €361k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€22k-€40k▲ 82.5%€54k▲ 34.0%€66k▲ 22.9%€70k▲ 5.0%
Equity€260k-€257k▼ 1.1%€299k▲ 16.3%€324k▲ 8.4%€357k▲ 10.3%
Operating result€19k-€16k▼ 15.3%€52k▲ 232%€74k▲ 42.3%€49k▼ 33.9%
Net result€15k-€4k▼ 71.3%€45k▲ 965%€28k▼ 37.6%€33k▲ 18.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 34% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.07M
Fixed assets
€61k ▲ 16.5%
Current assets
€2.00M ▲ 14.1%
Equity and liabilities €2.07M
Equity
€357k ▲ 10.3%
Provisions
€160k ▲ 94.7%
Debt
€1.55M ▲ 10.3%
Debt's share of the balance-sheet total falls from 77.6% to 75.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€82k▼
2024 · €113k
Cash flow
€67k▼
2024 · €67k
Current ratio
1.30▲
2024 · 1.26
Debt to equity
4.34=
2024 · 4.34
ROE
9.4%▲
2024 · 8.7%
ROA
1.6%▲
2024 · 1.6%
Interest coverage
12.83▼
2024 · 24.99
Debt ≤ 1 year
€1.54M▲
2024 · €1.40M
Staff costs
€8.30M▲
2024 · €7.91M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 62 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.81M€2.07M▲
Formation expenses20€0-
Fixed assets21/28€52k€61k▲
Intangible fixed assets21€2k€0▼
Tangible fixed assets22/27€49k€59k▲
Land and buildings22€0€0=
Plant, machinery and equipment23€20k€18k▼
Furniture and vehicles24€23k€40k▲
Leasing and similar rights25€0-
Other tangible fixed assets26€6k€637▼
Assets under construction and advance payments27€0-
Financial fixed assets28€1k€2k▲
Other financial fixed assets284/8€1k€2k▲
Amounts receivable and cash guarantees285/8€1k€2k▲
Current assets29/58€1.76M€2.00M▲
Amounts receivable within one year40/41€767k€953k▲
Trade receivables40€22k€24k▲
Other amounts receivable41€744k€929k▲
Cash at bank and in hand54/58€74k€61k▼
Deferred charges and accrued income490/1€917k€990k▲
Equity and liabilities
Total equity and liabilities10/49€1.81M€2.07M▲
Equity10/15€324k€357k▲
Profit (loss) carried forward14€324k€357k▲
Investment grants15€0-
Provisions and deferred taxes16€82k€160k▲
Provisions for liabilities and charges160/5€82k€160k▲
Other liabilities and charges164/5€82k€160k▲
Amounts payable17/49€1.40M€1.55M▲
Amounts payable within one year42/48€1.40M€1.54M▲
Financial debts43€350k€150k▼
Credit institutions430/8€350k€150k▼
Trade debts44€40k€53k▲
Suppliers440/4€40k€53k▲
Advances received on contracts in progress46€75-
Taxes, remuneration and social security45€898k€1.02M▲
Taxes450/3€1k€26k▲
Remuneration and social security454/9€897k€997k▲
Accrued charges and deferred income492/3€8k€11k▲
Income statement
Code20242025
Operating income70/76A€8.75M€9.26M▲
Turnover70€66k€70k▲
Other operating income74€1.33M€1.42M▲
Non-recurring operating income76A€3k€26k▲
Operating charges60/66A€8.67M€9.21M▲
Services and other goods61€721k€786k▲
Remuneration, social security and pensions62€7.91M€8.30M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€39k€33k▼
Other operating charges640/8€24k€5k▼
Operating profit (loss)9901€74k€49k▼
Financial income75/76B€3k€2k▼
Recurring financial income75€3k€2k▼
Income from current assets751€3k€2k▼
Financial charges65/66B€49k€18k▼
Recurring financial charges65€5k€6k▲
Debt charges650€5k€6k▲
Other financial charges652/9€0-
Non-recurring financial charges66B€44k€11k▼
Profit (loss) for the period before taxes9903€28k€33k▲
Profit (loss) for the period9904€28k€33k▲
Profit (loss) for the period to be appropriated9905€28k€33k▲
Appropriation of the result
Profit (loss) to be appropriated9906€324k€357k▲
Profit (loss) brought forward from the previous period14P€296k€324k▲
Social balance
Average headcount (FTE)9087113.1112.9▼
The notes to these accounts (52 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €45k ▲965%
Net result €45k, the highest in the series.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
07-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €200kEq €225k ▲22.4%
2 profitable years in a row build equity to €225k.
16-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
22-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
08-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 39 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
17 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Jans-Molenbeek · 1 establishment unit since 1989
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Paalstraat 141080 Sint-Jans-MolenbeekGround area
953 m²
Building footprint
430 m²
Volume, LiDAR
6,947 m³
Parcel 21522B0638/00M000, Brussels · tallest building 20.7 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Siège social et centre alpha de Molenbeek
since 19892.155.138.278
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21522B0638/00M000 | Brussels | 953 m² | 1 · 430 m² | 20.7 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Lire et Ecrire en Wallonie
BE 0454.604.356
Namur · Eq €318k
Lire et Ecrire Wallonie Picarde
BE 0443.204.183
Tournai · Eq €317k
Joseph Swinnen
BE 0415.173.856
Brussel · Eq €408k
Lire et Ecrire Communauté française
BE 0442.236.559
Anderlecht · Eq €459k
COLLECTIF D'ALPHABETISATION
BE 0423.443.206
Sint-Gillis (bij-Brussel) · Eq €260k
Of 56 companies in sector 85207 we hold annual accounts for 33. 26 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formNon-profit association
Founded23-11-1989
Fiscal year end31-12
Activities, NACEBEL 2025
85207Education
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.