Equity
€34,293 ▲ 3.6%
School for butlers has made a profit without a break since 2022.
School for butlers
Lifetime
9 annual accounts with figures on one time axispeak €103,055 (2023)
€28,342▼ 49.6%
lowest -€165,001 (2018)
€1,196▼ 96.1%
peak €34,293 (2025)
€34,293▲ 3.6%
€178,716▲ 18.4%
peak 0.8 FTE (2020)
0 FTE
Board5 names since 2016
2 directorsSOUVENIR and 1 other
Owners2 names in the annual accounts
consolidatesSOUVENIR
Documentsfilings and deeds
06-02-20266 days late
2025abbreviated format
Gross margin from €56,279 to €28,342Result from €30,492 to €1,196Registered office moved from Oostkamp to Brussels 17-04Debts from €150,891 to €178,716Cash from €1,871 to €18,204
Key points
from the 2025 annual accountsTurnover
≈ €100,000 estimated
The abbreviated format states no turnover.
Debts
€178,716 84% of the balance sheet
Financial debts 29%Suppliers 41%Taxes and wages 15%Other 15%
€40,912 of the debts are secured on the company's own assets. In 2023 that was €28,785.
Filings
9 annual accounts 2 late
The 2024 accounts came latest: 11 days after the end of the period.
At the same address
484 companies
Position in the sector
16.1%
Lower solvency than 81% of companies in education. Sector median 55.4% · 845 companies.
Checked score
79
Excellent
Financially stronger than 30% of micro companies in education (NACE 85)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 3,826 companies (NACE 85, micro).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.0%
01-2025: 1.1%▲ +0.1 percentage points vs 12-2024
02-2025: 1.6%▲ +0.5 percentage points vs 01-2025
03-2025: 0.7%▼ -0.9 percentage points vs 02-2025
04-2025: 0.7%● unchanged vs 03-2025
05-2025: 2.4%▲ +1.7 percentage points vs 04-2025
06-2025: 2.4%● unchanged vs 05-2025
07-2025: 2.3%▼ -0.1 percentage points vs 06-2025
08-2025: 2.3%● unchanged vs 07-2025
09-2025: 2.3%● unchanged vs 08-2025
10-2025: 2.6%▲ +0.3 percentage points vs 09-2025
11-2025: 2.5%▼ -0.1 percentage points vs 10-2025
12-2025: 2.5%● unchanged vs 11-2025
01-2026: 2.7%▲ +0.2 percentage points vs 12-2025
02-2026: 3.6%▲ +0.9 percentage points vs 01-2026highest value
03-2026: 1.9%▼ -1.7 percentage points vs 02-2026
04-2026: 1.9%● unchanged vs 03-2026
05-2026: 1.9%● unchanged vs 04-2026
06-2026: 0.5%▼ -1.4 percentage points vs 05-2026
07-2026: 0.4%▼ -0.1 percentage points vs 06-2026
08-2026: 0.4%● unchanged vs 07-2026
09-2026: 0.4%● unchanged vs 08-2026lowest value
10-2026: 0.5%▲ +0.1 percentage points vs 09-2026
11-2026: 0.5%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
1 change of registered office in 24 months
lowers risk
Sector: Education (NACE 85)
Size: total assets €213,010
Founded in 2016
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 27% of them on solvency, 15% on liquidity, 28% on profitability and 51% on growth.
The bankruptcy probability was computed on 07-11-2026 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 30-06-2025.
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, 4,508 companies had the same profile as School for butlers has now. Each dot stands for 12 companies, two years later.
96.9%
were still trading
1.6%
stopped another way
1.4%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of School for butlers itself: 0.5% 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 4,508 companies, not a prediction for School for butlers. 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 €2,500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.45 (1.41 in 2024), below the usual 1.5. Short-term debt is 59.9% and cash 8.5% of total assets. 83.9% 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
Seven 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 18% of 845 sector peers (2025).
NBB · sector comparisonPosition among 845 sector peers
Solvency
better than 18%
← weakest
strongest →
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 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €34,293
raises risk · 2025 accounts filed 6 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 06-02-2026, 6 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 · 9 filingsDeviation from the deadline
2025
6 days late
2024
11 days late
2023
9 days early
2022
52 days early
2021
54 days early
2020
46 days early
2019
50 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 28 days before 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 financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 22 January (4 of the last 5 accounts filed within 43 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end08-11-2026 today31-01-2027 deadline
Board and ownership
- DWC & PARTNERS 87%score 64equity €88,470 (2025) · 2023 annual accounts of DWC & PARTNERS
- SOUVENIR consolidatesannual accounts 30-06-2025
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0647530725
Registered office moved from Oostkamp to Brussels
New registered office: Louizalaan 367, 1050 Brussel (Elsene) · Previous registered office: Kruisstraat 9, 8020 Oostkamp (Hertsberge) · Resignations: Vincent Vermeulen (statutory director) and Edwig Tanghe (statutory director) · General meeting of 07-04-2025 · Gazette deed
Registered office moved from Sint-Martens-Latem to Hertsberge
New registered office: Kruisstraat 9, 8020 HERTSBERGE · Previous registered office: Kortrijksesteenweg 90f, 9830 SINT-MARTENS-LATEM · Resignations: DWC & PARTNERS (director) and Vincent VERMEULEN (director) · General meeting of 19-04-2024 · Gazette deed
Registered office moved from Brussels to Sint-Martens-Latem
New registered office: Kortrijksesteenweg 90f, 9830 Sint-Martens-Latem · Previous registered office: 1050 Brussel 5, Louizalaan 367 · Permanent representative: Matthieu De Winter · Board meeting of 10-10-2019 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| School for butlers Brussels | €213,010 | €28,342 | 16.1% | 0 |
| QRP BE Brussels | €440,530 | €25,735 | 18.2% | 0.1 |
| MERLUNO Kontich | €374,896 | €59,209 | 17.0% | 0 |
| KAPE MANAGEMENT Rotselaar | €204,876 | €43,130 | 82.5% | 0 |
| FORMALIA Fexhe-le-Haut-Clocher | €480,861 | €65,543 | 68.5% | 0.6 |
| NEUROGLIA Watermael-Boitsfort | €189,152 | €40,108 | 59.9% | - |
| ComColors Benelux Nivelles | €55,978 | €16,271 | 81.8% | 0.3 |
These companies have the same main activity as School for butlers: vocational training (NACE 85592). They are comparable in size and age: total assets between €56,000 and €481,000, founded between 2001 and 2019.
Official details
Source: KBO- Status
- Active since 27-01-2016Normal situation
- Registered office
- 485 active companies are registered at this address34 started in the 12 months before. Source: KBO register, as of 8 November 2026.
- Activity
- Vocational trainingNACE 85592and 3 others
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 30-06-2024
- Establishment unit
- 2.265.587.8248020 Oostkamp, since 01-06-2017
- Financial year end
- 30 June
- Peppol
- Reachable since 16-06-2026
Insights on School for butlers
School for butlers files the abbreviated format. That format states no turnover. The gross margin rose from -€88,487 in 2016 to €28,342 in 2025.
DWC & PARTNERS holds 87% of the shares.
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 School for butlers
- What is the company number of School for butlers?
- The company number of School for butlers is 0647.530.725. The VAT number is the same number with BE in front: BE 0647.530.725.
- Where is School for butlers based?
- The registered office is at Louizalaan 367, 1050 Brussels.Company details
- What does School for butlers do?
- According to the KBO register, the main activity is vocational training (NACE 85592).
- What is the legal form of School for butlers?
- School for butlers is a private limited company (BV).
- When was School for butlers founded?
- School for butlers was founded on 27-01-2016.
- Is School for butlers still active?
- Yes, School for butlers is an active enterprise in the KBO register.
- How many employees does School for butlers have?
- School for butlers had an average of 0.3 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
- Which joint committee does School for butlers fall under?
- In its 30-06-2024 annual accounts, School for butlers states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of School for butlers?
- The turnover in financial year 2025 is ≈ €100,000. This figure is estimated from the gross margin of €28,342 and 1,225 comparable companies of the same size. It probably lies between €54,000 and €190,000. It is a rough estimate.
- Is School for butlers profitable?
- In financial year 2025, School for butlers made a profit of €1,196.
- Where can I find the annual accounts of School for butlers?
- School for butlers filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of School for butlers due?
- School for butlers must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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