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MISSION REGIONALE POUR L'EMPLOI ET L'INSERTION DU SUD DE L'ENTRE-SAMBRE-ET-MEUSE

Active Non-profit associationfounded 1993active for 33 yearsRoute Charlemagne 8, 5660 CouvinKBO/BCE: BE 0449.976.367 #3 oldest company in the province of Namur, Employment activities sector

Lifetime

19 annual accounts with figures on one time axis, 20 filings since 2006
peak €1.3m (2024)
€1.2m▼ 1.5%
lowest -€61,530 (2013)
€25,402▲ 521%
peak €294,619 (2010)
€260,212▲ 10.8%
€352,458▲ 21.4%
peak 16.6 FTE (2024)
14.6 FTE▼ 12.0%
Board20 names since 2021all names
18 directorsUCM and 17 others
Documentsfilings and deeds
29-06-202632 days before the deadline
2025financial year
Result from €4,088 to €25,402Staff from 16.6 FTE to 14.6 FTE4 directors appointed, 1 resignation, 8 reappointments 31-10Debts from €290,270 to €352,458

Key points

from the 2025 annual accounts

Turnover

≈ €2.1m estimated

The accounts state no turnover.

Staff

15 employees on 31-12-2025
642021332022222023422024052025

In 2025, nobody joined and 5 people left.

Filings

20 annual accounts since 2006
AprilJune31 JulyOctober2010201520202025

The last five annual accounts were filed 22 to 46 days before the end of the period.

Checked score

95
Excellent
Financially stronger than 59% of small companies in employment activities (NACE 78)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 195 companies (NACE 78, small).

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

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 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026lowest value 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

Financial strength
Strong

66-3equity 41.4% of total assets
43-5short-term debt 54.8% · cash 16.8%
74+12return on assets 4.0%

Score breakdown

raises risk
1 change of registered office in 24 months
Size: 14.6 FTE, total assets €629,230
lowers risk
Legal form: non-profit association
Liquidity: current ratio 1.80, cash €105,468
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 78, small). It does better than 62% of them on solvency, 38% on liquidity, 66% on profitability and 68% on growth.

The bankruptcy probability was computed on 06-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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).

Comparable companies, two years later

In July 2024, 14,766 companies had the same profile as MISSION REGIONALE POUR L'EMPLOI ET L'INSERTION DU SUD DE L'ENTRE-SAMBRE-ET-MEUSE has now. Each dot stands for 37 companies, two years later.

96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of MISSION REGIONALE POUR L'EMPLOI ET L'INSERTION DU SUD DE L'ENTRE-SAMBRE-ET-MEUSE itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 14,766 companies, not a prediction for MISSION REGIONALE POUR L'EMPLOI ET L'INSERTION DU SUD DE L'ENTRE-SAMBRE-ET-MEUSE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €24,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 1.8 (1.82 in 2024), above the usual 1.5. Short-term debt is 54.8% and cash 16.8% of total assets. However, 58.6% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Legal form: non-profit association
KBO
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Liquidity: current ratio 1.80, cash €105,468
NBB · annual accounts
raises risk · Size: 14.6 FTE, total assets €629,230
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
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
1819202122232425
2018 to 2025 · latest year €260,212
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 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
32 days early
2024
27 days early
2023
22 days early
2022
46 days early
2021
24 days early
2020
43 days early
2019
29 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 32 days before the deadline. In the sector (NACE 78), the median for financial year 2024 was 14 days before the deadline, and 30% 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 4 July (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
07-11-2026 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

Recent changes

Registered office moved from Philippeville to Couvin New registered office: Route Charlemagne, 8A à 5660 Couvin · Previous registered office: Rue de Namur 1A, 5600 Philippeville · General meeting of 22-06-2026 · Gazette deed
4 directors appointed, 1 resignation, 8 reappointments Reappointments: Union des Villes et Communes Wallonnes, Office wallon de la Formation professionnelle et de l'Emploi, Agence Wallonne De La Santé De La Protection Sociale Du Handicap Et Des Familles, Fabrice EEKLAER, Paul TIMMERMANS, Laurent BREDUN and 2 others · Permanent representatives: GHEYS Yannick, Matthieu GUERIN, Emilie GELON, Damien ABELS and DELRUE Jean · Appointments: Jean-Marie GASPARD, Fabrice EEKLAER (chair of the board), Laurent BREDUN (secretary of the board) and Sébastien CARBONI · General meeting of 23-06-2025 · Gazette deed
1 director appointed, 1 resignation Resignation: DELRUE Jean · Appointment: Groupement Économique Sud Entre Sambre et Meuse · Permanent representatives: DELRUE Jean, GHEYS Yannick and Matthieu GUERIN · General meeting of 15-12-2023 · Gazette deed
Permanent representatives: HUART Guillaume Cyrille, FOUQUET Lucile Annick and GELON Emilie General meeting of 13-06-2022 · Gazette deed
All 32 events

Comparable companies

same main activity, similar in size and age
Company
MISSION REGIONALE POUR L'EMPLOI ET L'INSERTION DU SUD DE L'ENTRE-SAMBRE-ET-MEUSE Couvin €629,230 €1.2m 41.4% 14.6
Agence locale pour l'Emploi de Dinant Dinant €746,921 €1.1m 85.7% 26.9
MAGRACON Ravels €622,526 €1.1m 82.0% 13.2
EXCEPTION - EXCEPTION Etterbeek €894,075 €1.2m 73.4% 13.2
INVENTI Kontich €904,608 €0.9m 9.3% 15.2
Agence locale pour l'Emploi de Fléron Fléron €621,452 €0.7m 70.4% 19.2
Agence locale pour l'Emploi de Spa Spa €526,010 €0.8m 58.6% 21.3

These companies have the same main activity as MISSION REGIONALE POUR L'EMPLOI ET L'INSERTION DU SUD DE L'ENTRE-SAMBRE-ET-MEUSE: employment placement agencies (NACE 78100). They are comparable in size and age: total assets between €526,000 and €905,000, founded between 1987 and 2000.

Official details

Source: KBO
Status
Active since 11-02-1993Normal situation
Activity
Employment placement agenciesNACE 78100
Joint committee
329Socio-cultural sector · annual accounts 2025
Establishment unit
2.162.489.7895600 Philippeville, since 11-02-1993
Financial year end
31 December
Peppol
Reachable
Company details

Annual accounts 2025

€629,230▲ 17.6%
Employeeson 31-12-2025
15▼ 25.0%
Filing
Filed on 29-06-2026, 32 days before the end of the filing period
Financials

Insights on MISSION REGIONALE POUR L'EMPLOI ET L'INSERTION DU SUD DE L'ENTRE-SAMBRE-ET-MEUSE

MISSION REGIONALE POUR L'EMPLOI ET L'INSERTION DU SUD DE L'ENTRE-SAMBRE-ET-MEUSE has existed since 1993. The gross margin grew from €568,806 in 2007 to €1.2m in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about MISSION REGIONALE POUR L'EMPLOI ET L'INSERTION DU SUD DE L'ENTRE-SAMBRE-ET-MEUSE

What is the company number of MISSION REGIONALE POUR L'EMPLOI ET L'INSERTION DU SUD DE L'ENTRE-SAMBRE-ET-MEUSE?
The company number of MISSION REGIONALE POUR L'EMPLOI ET L'INSERTION DU SUD DE L'ENTRE-SAMBRE-ET-MEUSE is 0449.976.367. The VAT number is the same number with BE in front: BE 0449.976.367.
Where is MISSION REGIONALE POUR L'EMPLOI ET L'INSERTION DU SUD DE L'ENTRE-SAMBRE-ET-MEUSE based?
The registered office is at Route Charlemagne 8, 5660 Couvin.Company details
What does MISSION REGIONALE POUR L'EMPLOI ET L'INSERTION DU SUD DE L'ENTRE-SAMBRE-ET-MEUSE do?
According to the KBO register, the main activity is employment placement agencies (NACE 78100).
What is the legal form of MISSION REGIONALE POUR L'EMPLOI ET L'INSERTION DU SUD DE L'ENTRE-SAMBRE-ET-MEUSE?
MISSION REGIONALE POUR L'EMPLOI ET L'INSERTION DU SUD DE L'ENTRE-SAMBRE-ET-MEUSE is a non-profit association (VZW).
When was MISSION REGIONALE POUR L'EMPLOI ET L'INSERTION DU SUD DE L'ENTRE-SAMBRE-ET-MEUSE founded?
MISSION REGIONALE POUR L'EMPLOI ET L'INSERTION DU SUD DE L'ENTRE-SAMBRE-ET-MEUSE was founded on 11-02-1993.
Is MISSION REGIONALE POUR L'EMPLOI ET L'INSERTION DU SUD DE L'ENTRE-SAMBRE-ET-MEUSE still active?
Yes, MISSION REGIONALE POUR L'EMPLOI ET L'INSERTION DU SUD DE L'ENTRE-SAMBRE-ET-MEUSE is an active enterprise in the KBO register.
How many employees does MISSION REGIONALE POUR L'EMPLOI ET L'INSERTION DU SUD DE L'ENTRE-SAMBRE-ET-MEUSE have?
MISSION REGIONALE POUR L'EMPLOI ET L'INSERTION DU SUD DE L'ENTRE-SAMBRE-ET-MEUSE had an average of 14.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does MISSION REGIONALE POUR L'EMPLOI ET L'INSERTION DU SUD DE L'ENTRE-SAMBRE-ET-MEUSE fall under?
In its 2025 annual accounts, MISSION REGIONALE POUR L'EMPLOI ET L'INSERTION DU SUD DE L'ENTRE-SAMBRE-ET-MEUSE states joint committee 329 (Socio-cultural sector).
What is the turnover of MISSION REGIONALE POUR L'EMPLOI ET L'INSERTION DU SUD DE L'ENTRE-SAMBRE-ET-MEUSE?
The turnover in financial year 2025 is ≈ €2.1m. This figure is estimated from the gross margin of €1.2m and 1,586 comparable companies of the same size. It probably lies between €1.4m and €3.5m. It is a rough estimate.
Is MISSION REGIONALE POUR L'EMPLOI ET L'INSERTION DU SUD DE L'ENTRE-SAMBRE-ET-MEUSE profitable?
In financial year 2025, MISSION REGIONALE POUR L'EMPLOI ET L'INSERTION DU SUD DE L'ENTRE-SAMBRE-ET-MEUSE made a profit of €25,402.
Where can I find the annual accounts of MISSION REGIONALE POUR L'EMPLOI ET L'INSERTION DU SUD DE L'ENTRE-SAMBRE-ET-MEUSE?
MISSION REGIONALE POUR L'EMPLOI ET L'INSERTION DU SUD DE L'ENTRE-SAMBRE-ET-MEUSE filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MISSION REGIONALE POUR L'EMPLOI ET L'INSERTION DU SUD DE L'ENTRE-SAMBRE-ET-MEUSE due?
MISSION REGIONALE POUR L'EMPLOI ET L'INSERTION DU SUD DE L'ENTRE-SAMBRE-ET-MEUSE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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