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Spes

Active
Non-profit associationfounded 1965active for 61 yearsd'Anethanstraat 33, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0410.706.809
Summary

Spes has been active since 1965 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.0m and a net result of €76,677. Equity is growing by about 4.9% per year across the filed financial years. Its solvency ranks better than 37% of 828 sector peers (NACE 85, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Education
NACE 85326
5th oldest company in Schaarbeek, Education sector2 sites
Size
€4.8mtotal assets 2025
Staff
3.5 FTE
Equity
€2.0m
Surplus
€76,677
Turnover not published (abbreviated format)
Financial health
93 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Board
5 members
Auditor: ANDRE FRANCOIS, REVISEUR D’ENTREPRISESAccounts filed 59 days late1 of 14 deeds read
Why 93raises riskLatest accounts 59 days late; 1 of the last 3 latelowers riskLegal form: non-profit associationSize: 3.5 FTE, total assets €4.8mFounded in 1965Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 45% of its sector peers (NACE 85, micro)
Financial strength · tick = 2024
Strong
Solvency 66+1
equity 41.2% of total assets
Liquidity 57=
short-term debt 4.9% · cash 6.0%
Profitability 71=
return on assets 1.6%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (3,795 companies, NACE 85, micro)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 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 06-2025 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 02-2026lowest value 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026highest value 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €180,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.94, compared with 2.68 in 2024; short-term debt: 4.9% and cash: 6% of total assets), but 58.8% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 46% on solvency, 45% on liquidity, 43% on profitability and 45% on growth.

The bankruptcy probability was computed on 12-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Legal form: non-profit association
KBO
lowers risk · Size: 3.5 FTE, total assets €4.8m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 1965
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Latest accounts 59 days late; 1 of the last 3 late
NBB · filings
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-09-2026, 59 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 · 10 filings
Deviation from the deadline
2025
59 days late
2024
25 days late
2023
28 days early
2022
26 days early
2021
26 days early
2020
9 days early
2019
30 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 4 days after the deadline; the sector median (NACE 85) for financial year 2024 is 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 5 July (4 of the last 5 filed years within 51 days of that day).
Companies Code · seven months
Where today falls in the filing period
12-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Resignations: Christiane DOOMS, Marie-Noëlle JOSSEAUX and…Reappointments: Brigitte DE CONINCK, Véronique…
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Positive: 5th oldest company in Schaarbeek, Education sectorin the Checked rankings No. 5 View
  • Positive: 8 profitable years in a rowprofit 2025: €76,677 8 years View
  • Wallonia-Brussels supportpaid from 2022 to 2025 €2.4m View
  • Active since 1965founded 12-08-1965 61 years View

By topic

Financials

Financial year
2025
Total assets
€4.8m
Profit
€76,677
Solvency
41.2%
Total assets▼ 2.3%
Net result
20182025
Go to Financials

Board & ownership

Board
5 members
Auditor
ANDRE FRANCOIS, REVISEUR D’ENTREPRISES
  • Anne DAUVRINDirector
  • Brigitte DE CONINCKDirector
  • Serge DE BISSCHOPDirector
  • Véronique ALEXISDirector
  • Xavier PERESANDirector
Go to Board & ownership

Timeline

Events
22
Since
2007
Next accounts
by 31-07-2027
  1. 03-07-2024Annual accounts filed
  2. 05-07-2023Annual accounts filed
  3. 31-12-2022Highest result from 2018 to 2025
Go to Timeline

Company details

Sites
2
Legal form
Non-profit association
Activity
EducationNACE 85326
Founded
12-08-1965
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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