Debts
€147,357 89% of the balance sheet
Financial debts 55%Taxes and wages 17%Other 28%
Of this, €66,895 falls due within a year.
NELSON COLLEGE
Lifetime
7 annual accounts with figures on one time axispeak €38,945 (2025)
€38,945▲ 15.4%
lowest -€1,928 (2025)
-€1,928▼ €6,256
peak €20,159 (2024)
€18,231▼ 9.6%
€147,357▲ 59.4%
Board4 names since 2019
-
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from €33,761 to €38,945Loss of €1,928Debts from €92,417 to €147,357Cash from €2 to €5
Key points
from the 2025 annual accountsPayment terms
97 days from customers
Customers pay 39 days later.
Filings
7 annual accounts 6 late
The 2019 accounts came latest: 119 days after the end of the period.
Checked score
65
Healthy
Financially stronger than 26% of micro companies in education (NACE 85)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 3,825 companies (NACE 85, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.5%
01-2025: 0.5%● unchanged vs 12-2024lowest value
02-2025: 0.5%● unchanged vs 01-2025lowest value
03-2025: 0.5%● unchanged vs 02-2025
04-2025: 0.6%▲ +0.1 percentage points vs 03-2025
05-2025: 0.6%● unchanged vs 04-2025
06-2025: 0.5%▼ -0.1 percentage points vs 05-2025
07-2025: 0.6%▲ +0.1 percentage points vs 06-2025
08-2025: 0.9%▲ +0.3 percentage points vs 07-2025
09-2025: 0.5%▼ -0.4 percentage points vs 08-2025
10-2025: 0.5%● unchanged vs 09-2025
11-2025: 0.5%● unchanged vs 10-2025
12-2025: 0.5%● unchanged vs 11-2025
01-2026: 0.5%● unchanged vs 12-2025
02-2026: 0.5%● unchanged vs 01-2026
03-2026: 0.6%▲ +0.1 percentage points vs 02-2026
04-2026: 0.6%● unchanged vs 03-2026
05-2026: 0.6%● unchanged vs 04-2026
06-2026: 0.6%● unchanged vs 05-2026
07-2026: 0.6%● unchanged vs 06-2026
08-2026: 0.9%▲ +0.3 percentage points vs 07-2026
09-2026: 1.0%▲ +0.1 percentage points vs 08-2026highest value
10-2026: 1.0%● unchanged vs 09-2026highest value
11-2026: 1.0%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Liquidity: current ratio 2.09, cash €5
Last filed accounts filed 31 days late; 1 of the last 3 accounts late
lowers risk
Sector: Education (NACE 85)
Size: turnover €202,000, total assets €165,588
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 85, micro). It does better than 23% of them on solvency, 15% on liquidity, 29% on profitability and 36% on growth.
The bankruptcy probability was computed on 10-11-2026 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 low class on 30-06-2025, 0.8% 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, 1,548 companies had the same profile as NELSON COLLEGE has now. Each dot stands for 4 companies, two years later.
91.2%
were still trading
3.9%
stopped another way
4.3%
went bankrupt
Another 0.6% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of NELSON COLLEGE itself: 1.0% 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.
| 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 1,548 companies, not a prediction for NELSON COLLEGE. 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 €1,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.09 (1.72 in 2024), above the usual 1.5. Short-term debt is 40.4% and cash 0% of total assets. However, 89% 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 risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 2612 sector peers (2025).
NBB · sector comparisonPosition among 2612 sector peers
Solvency
better than 24%
← weakest
strongest →
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 7 filingsDeviation from the deadline
2025
31 days late
2024
27 days late
2023
on the day
2022
22 days late
2021
26 days late
2020
25 days late
2019
119 days late
← 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 36 days after the deadline. In the sector (NACE 85), the median for financial year 2024 was 16 days before the deadline, and 32% 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 26 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
last known board- RECHOWICZ Cathy 50 sharesdeed of 10-02-2020
- VERGALLO Emiliedeed of 10-02-2020
- HANNARD Pierre 50 sharesdeed of 10-02-2020
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0727650547
Resignation: BERGALLO Emilie (director)
Appointment: HANNARD Pierre (director) · RECHOWICZ Cathy holds 50 shares · VERGALLO Emilie is a shareholder · General meeting of 21-01-2020 · Gazette deed
Incorporation
Founding capital of €5,000, 100 shares · Founders: RECHOWICZ Cathy Gisèle Jeanine and VERGALLO Emilie · Appointments: RECHOWICZ Cathy Gisèle Jeanine (director) and VERGALLO Emilie (director) · published on 03-06-2019 · Gazette deed
First establishment
Rue des Waibes 23, Lobbes
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| NELSON COLLEGE Lobbes | €165,588 | €38,945 | 11.0% | - |
| ZEN SHUI Ecaussinnes | €158,844 | €48,104 | -26.0% | - |
| La Source de Harre Ferrières | €154,712 | €36,103 | 89.4% | - |
| WONDER WALL Wemmel | €148,443 | €43,484 | 77.6% | - |
| XFIRE Bernissart | €190,353 | €71,848 | 42.5% | - |
| Betopia Bonheiden | €136,154 | €48,870 | 28.3% | - |
| CO-CONSULT Ghent | €200,617 | €38,558 | 21.7% | - |
These companies have the same main activity as NELSON COLLEGE: other education (NACE 85599). They are comparable in size and age: total assets between €136,000 and €201,000, founded between 2018 and 2020.
Official details
Source: KBO- Status
- Active since 30-05-2019Normal situation
- Activity
- Other educationNACE 85599
- Establishment unit
- 2.289.908.2966540 Lobbes, since 30-05-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 25-11-2025
Insights on NELSON COLLEGE
NELSON COLLEGE files the micro format. That format states no turnover. The gross margin rose from €732 in 2019 to €38,945 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 NELSON COLLEGE
- What is the company number of NELSON COLLEGE?
- The company number of NELSON COLLEGE is 0727.650.547. The VAT number is the same number with BE in front: BE 0727.650.547.
- Where is NELSON COLLEGE based?
- The registered office is at Rue des Waibes 23, 6540 Lobbes.Company details
- What does NELSON COLLEGE do?
- According to the KBO register, the main activity is other education (NACE 85599).
- What is the legal form of NELSON COLLEGE?
- NELSON COLLEGE is a private limited company (BV).
- When was NELSON COLLEGE founded?
- NELSON COLLEGE was founded on 30-05-2019.
- Is NELSON COLLEGE still active?
- Yes, NELSON COLLEGE is an active enterprise in the KBO register.
- What is the turnover of NELSON COLLEGE?
- The turnover of NELSON COLLEGE was €202,000 in financial year 2025, according to the filed annual accounts.Financials
- Is NELSON COLLEGE profitable?
- In financial year 2025, NELSON COLLEGE made a loss of €1,928.
- Where can I find the annual accounts of NELSON COLLEGE?
- NELSON COLLEGE filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of NELSON COLLEGE due?
- NELSON COLLEGE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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