Schoolgrappling
ActiveSummary
Schoolgrappling has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€26,750) and a net result of -€28,462. Equity has been growing by about 44% per year since 2021. Its solvency ranks better than 17% of 2,874 sector peers (NACE 93, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 28-12-2020 Normal situation
- Activity
- Sports, amusement and recreation activities NACE 93125
- Joint committee
- 329.01 Paritair Subcomité voor de socio-culturele sector van de Vlaamse Gemeenschap · annual accounts 30-06-2025
- Establishment unit
- 2.311.949.270 1081 Koekelberg, since 20-01-2021
- Financial year end
- 30 June
- Peppol
- Reachable since 27-03-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
- Gross margin
- €73,442
- ▼ 9.8%
- Turnover
- ≈ €220,000
- estimated
- Deficit
- €28,462
- Equity
- -€26,750
- Total assets
- €97,699
- ▲ 114%
- Employees on 30-06-2025
- 3
- ▲ 200%
- Negative equity on 30-06-2025
- 2025 accounts filed 160 days after the deadline
Score breakdownraises riskCapped at 59: negative equityLast filed accounts filed 161 days late; 3 of the last 3 accounts lateNegative equity -€26,750lowers riskLegal form: non-profit associationSector: Sports, amusement and recreation activities (NACE 93)Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 93, micro). It does better than 9% of them on solvency, 45% on liquidity, 7% on profitability and 1% on growth.
The bankruptcy probability was computed on 02-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 5 accounts on average 265 days after the deadline. In the sector (NACE 93), the median for financial year 2024 was 1 day before the deadline, and 42% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 160 days after the deadline Filed on 10 July 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00277802.
Annual accounts 2025 filed on 10-07-2026 at the NBB all 5 filings
Every figure per financial year
The operating result for 2025 is a loss of €28,335, after a profit of €4,059 in 2024. It is the lowest result since 2021.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Staff
| Item | 30-06-2023 | 30-06-2024 | 30-06-2025 |
|---|---|---|---|
| Employees at the balance-sheet date | 2 | 1 | 3 |
| full-time | 2 | 1 | 2 |
| part-time | 0 | 0 | 1 |
| in full-time equivalents | 2 | 1 | 2.5 |
| Average over the year, in full-time equivalents | 1.8 | 1.4 | 2.1 |
| On a permanent contract | 2 | 1 | 2 |
| Joined | 2 | 1 | 2 |
| Left | 2 | 2 | 0 |
| Training hours | 0 | 0 | 0 |
Source: social balance sheet in the 2023 to 2025 annual accounts
Investments
| Item | 30-06-2021 | 30-06-2022 | 30-06-2023 | 30-06-2024 | 30-06-2025 |
|---|---|---|---|---|---|
| Financial fixed assets | €993 | - | - | €993 | - |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2022 to 2024 · 2 entries · €15,000 awarded · €15,000 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2024 | 1 | €0 | €3,000 |
| 2022 | 1 | €15,000 | €12,000 |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €32,771 | €83,863 | €112,148 | €77,346 | €101,777 | ▲ 31.6% |
| Gross operating margin9900 | €18,962 | €108,388 | €119,877 | €81,405 | €73,442 | ▼ 9.8% |
| Operating profit (loss)9901 | -€13,809 | €24,526 | €7,729 | €4,059 | -€28,335 | - |
| Financial charges65/66B | €9 | €19,013 | €10 | €623 | €128 | ▼ 79.5% |
| Recurring financial charges65 | €9 | €51 | €10 | €623 | €128 | ▼ 79.5% |
| Non-recurring financial charges66B | - | €18,962 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | -€13,818 | €5,512 | €7,719 | €3,436 | -€28,462 | - |
| Profit (loss) for the period9904 | -€13,818 | €5,512 | €7,719 | €3,436 | -€28,462 | - |
| Profit (loss) for the period to be appropriated9905 | -€13,818 | €5,512 | €7,719 | €3,436 | -€28,462 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €18,554 | €30,812 | €38,658 | €45,661 | €97,699 | ▲ 114% |
| Fixed assets21/28 | €993 | €993 | €993 | €993 | €993 | = |
| Financial fixed assets28 | €993 | €993 | €993 | €993 | €993 | = |
| Current assets29/58 | €17,561 | €29,819 | €37,665 | €44,669 | €96,706 | ▲ 116% |
| Amounts receivable within one year40/41 | €16,607 | €20,145 | €36,121 | €25,451 | €58,953 | ▲ 132% |
| Trade receivables40 | €16,607 | €14,345 | €18,850 | €25,451 | €58,953 | ▲ 132% |
| Other amounts receivable41 | - | €5,800 | €17,271 | €0 | - | - |
| Cash at bank and in hand54/58 | €955 | €9,665 | €1,544 | €19,218 | €37,753 | ▲ 96.4% |
| Deferred charges and accrued income490/1 | - | €9 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €18,554 | €30,812 | €38,658 | €45,661 | €97,699 | ▲ 114% |
| Equity10/15 | -€13,818 | -€8,305 | -€595 | €1,713 | -€26,750 | - |
| Profit (loss) carried forward14 | -€13,818 | -€8,305 | -€595 | €1,713 | -€26,750 | - |
| Amounts payable17/49 | €32,372 | €39,117 | €39,253 | €43,949 | €124,448 | ▲ 183% |
| Amounts payable within one year42/48 | €32,372 | €39,117 | €39,253 | €43,949 | €124,448 | ▲ 183% |
| Financial debts43 | - | - | €1,950 | €1,950 | €0 | ▼ 100% |
| Other loans439 | - | - | €1,950 | €1,950 | €0 | ▼ 100% |
| Trade debts44 | €30,136 | €35,155 | €29,320 | €31,030 | €92,646 | ▲ 199% |
| Suppliers440/4 | €30,136 | €35,155 | €29,320 | €31,030 | €92,646 | ▲ 199% |
| Taxes, remuneration and social security45 | €2,236 | €3,962 | €7,983 | €2,169 | €10,002 | ▲ 361% |
| Taxes450/3 | - | €572 | €572 | €0 | - | - |
| Remuneration and social security454/9 | €2,236 | €3,390 | €7,411 | €2,169 | €10,002 | ▲ 361% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€13,818 | €5,512 | €7,719 | €3,436 | -€28,462 | - |
| Operating cash flow (approximation) | -€13,818 | €5,512 | €7,719 | €3,436 | -€28,462 | - |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €8,710 | -€8,121 | €17,674 | €18,535 | ▲ 4.9% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 6,008 companies had the same profile as Schoolgrappling has now. Two years later, 83.0% were still going and 7.9% had gone bankrupt.
- Micro
- 5 to 10 years old
- negative equity
- a loss of 10% of the balance sheet or more
Another 0.8% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Schoolgrappling itself is lower: 0.2% within 12 months. It rests on far more data about Schoolgrappling than the profile alone.
Test of the method
The method was tested on the 497,446 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 6,008 companies, not a prediction for Schoolgrappling. 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.
Filings with the National Bank (5)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 10-07-2026 | 2026-00277802 | |
| 30-06-2024 | micro format | 03-11-2025 | 2025-00559380 | |
| 30-06-2023 | micro format | 13-09-2024 | 2024-00460580 | |
| 30-06-2022 | micro format | 30-06-2023 | 2023-00180913 | |
| 30-06-2021 | micro format | 30-06-2023 | 2023-00181234 |
Timeline
Acts, filings and financial milestones
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21492B0371/00D004 | Brussels | 943 m² | 1 · 421 m² | 17.0 m · 4 |