Financials
- Fiscal year
- 2025
- Total assets
- €44,272
- Profit
- €4,076
- Solvency
- 59.8%
Total assets▲ 21.3%
Net result
20232025
SPIS77
ActiveSummary
SPIS77 has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €26,478 and a net result of €4,076. Equity is growing by ~38.1% per year across the filed fiscal years. Its solvency ranks better than 63% of 2264 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
What they do
Other education
NACE 85599
1 site
How big
€44,272total assets 2025
- Equity
- €26,478
- Profit
- €4,076
Turnover not published (abridged schema)
Who decides
Accounts filed 28 d late0 of 1 deed read
Why 96- Latest accounts 28 days late; 1 of the last 3 late- Founded in 2023+ Sector Education (NACE 85)+ Liquidity: current ratio 3.16, cash €36,006Show the evidence
Checked score
Score 2025
96
/ 100
Excellent
Probability in this band: under 0.55%
Better than 67% of its sector peers (NACE 85, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency
85-1
equity 59.8% of total assets
Liquidity
87-2
short-term debt 30.8% · cash 81.3%
Profitability
80-20
return on assets 9.2%
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 Education (NACE 85) lowers the probability
- Liquidity: current ratio 3.16, cash €36,006 lowers the probability
- Latest accounts 28 days late; 1 of the last 3 late raises the probability
- Founded in 2023 raises the probability for this profile
Credit up to €2,500 at 30 days acceptable
Liquidity ample (current ratio 3.16 against 3.5 in 2024; short-term debt: 30.8% and cash: 81.3% of total assets), and 40.2% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 85, micro). Better than this share of them on solvency 61%, liquidity 77%, profitability 60%, growth against the median 69%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610020317, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
28 d late
2024
27 d late
2023
56 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 37 days after the deadline; the sector median for financial year 2024 is 16 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 28 August (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
- Back to profitnet €12,979
Key points
By topic
Timeline
- Events
- 4
- Since
- 2024
- Next accounts
- by 31-07-2027
- 28-08-2026Annual accounts filed
- 27-08-2025Annual accounts filed
- 31-12-2024Back to profit
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Other educationNACE 85599
- Founded
- 29-03-2023
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.