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THE LEARNSCAPE

Active
Public limited companyfounded 2013active for 12 yearsMarkgravelei 11, 2018 Antwerpen, BelgiumKBO/BCE: BE 0541.850.413
Summary

The computed 12-month bankruptcy probability of THE LEARNSCAPE is 5.4% (elevated). For THE LEARNSCAPE, one filing cycle of the annual accounts is missing. The 2024 annual accounts show negative equity (-€176,858) and a net result of -€5,701. Equity remains stable across the filed financial years (±1.1% per year). The company has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2024, micro format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 15 October 2026.

Equity
-€176,858▼ 3.3%
2023 · -€171,157
Total assets
€3,843▼ 5.6%
2022 · €4,072
Net result
-€5,701▼ 2,562%
2023 · -€214
Working capital
€4,058▼ 7.7%
2020 · €4,398
Trend over the years

2020 to 2024, 5 financial years 2018 to 2024, 7 financial years

The operating result is -€5,690 in 2024, compared with -€2,980 in 2020. Comparable figures for the intervening years are unavailable.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€5,690 2024 Net result-€5,701 2024

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line2018201920202021202220232024
Operating result-€9,456--€5,566▲ 41.1%-€2,980▲ 46.5%-€5,690
Net result-€11,481--€5,725▲ 50.1%-€3,150▲ 45.0%-€149▲ 95.3%-€192▼ 29.0%-€214▼ 11.8%-€5,701▼ 2,562%
Equity-€161,727--€167,452▼ 3.5%-€170,602▼ 1.9%-€170,751▼ 0.1%-€170,942▼ 0.1%-€171,157▼ 0.1%-€176,858▼ 3.3%
Total assets€14,799-€13,764▼ 7.0%€12,851▼ 6.6%€4,249▼ 66.9%€4,072▼ 4.2%€3,843▼ 5.6%
Debt€176,526-€181,216▲ 2.7%€183,453▲ 1.2%€175,000▼ 4.6%€175,014=€175,000=€176,858▲ 1.1%
Working capital€13,273-€7,548▼ 43.1%€4,398▼ 41.7%€4,058
Turnover and EBIT margin not published: the micro format does not require them.
Key figures and ratios
2024 value · change against 2023
Debt ≤ 1 year
€1,858
Debt > 1 year
€175,000=
2023 · €175,000
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 28 lines
Balance sheet Code20232024
Assets
Total assets20/58€3,843-
Current assets29/58€3,843-
Amounts receivable within one year40/41€3,832-
Other amounts receivable41€3,832-
Cash at bank and in hand54/58€11-
Equity and liabilities
Total equity and liabilities10/49€3,843-
Equity10/15-€171,157-€176,858▼
Contributions10/11€61,500€61,500=
Capital10€61,500€61,500=
Issued capital100€61,500€61,500=
Reserves13€7,093€7,093=
Non-distributable reserves130/1€7,093€7,093=
Legal reserve130€7,093€7,093=
Profit (loss) carried forward14-€239,750-€245,451▼
Amounts payable17/49€175,000€176,858▲
Amounts payable after more than one year17€175,000€175,000=
Financial debts170/4€175,000€175,000=
Amounts payable within one year42/48-€1,858
Other amounts payable47/48-€1,858
Income statement Code20232024
Gross operating margin9900--€5,690
Operating profit (loss)9901--€5,690
Financial charges65/66B€214€11▼
Recurring financial charges65€214€11▼
Profit (loss) for the period before taxes9903-€214-€5,701▼
Profit (loss) for the period9904-€214-€5,701▼
Profit (loss) for the period to be appropriated9905-€214-€5,701▼
Appropriation of the result
Profit (loss) to be appropriated9906-€239,750-€245,451▼
Profit (loss) brought forward from the previous period14P-€239,536-€239,750▼

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2018201920202021202220232024Change
Other operating charges640/8--€100-----
Gross operating margin9900€1,095€190-€2,880----€5,690-
Operating profit (loss)9901-€9,456-€5,566-€2,980----€5,690-
Recurring financial income75€149-------
Financial charges65/66B--€171€149€192€214€11▼ 94.6%
Recurring financial charges65€2,174€159€171€149€192€214€11▼ 94.6%
Profit (loss) for the period before taxes9903-€11,481-€5,725-€3,150-€149-€192-€214-€5,701▼ 2,562%
Profit (loss) for the period9904-€11,481-€5,725-€3,150-€149-€192-€214-€5,701▼ 2,562%
Profit (loss) for the period to be appropriated9905-€11,481-€5,725-€3,150-€149-€192-€214-€5,701▼ 2,562%
Line2018201920202021202220232024Change
Assets
Total assets20/58€14,799€13,764€12,851€4,249€4,072€3,843--
Current assets29/58€14,799€13,764€12,851€4,249€4,072€3,843--
Amounts receivable within one year40/41€13,035€13,740€9,550€4,172€4,072€3,832--
Trade receivables40--€2,167-----
Other amounts receivable41--€7,383€4,172€4,072€3,832--
Cash at bank and in hand54/58€1,764€24€3,301€77-€11--
Equity and liabilities
Total equity and liabilities10/49€14,799€13,764€12,851€4,249€4,072€3,843--
Equity10/15-€161,727-€167,452-€170,602-€170,751-€170,942-€171,157-€176,858▼ 3.3%
Contributions10/11€61,500€61,500€61,500€61,500€61,500€61,500€61,500=
Capital10--€61,500€61,500€61,500€61,500€61,500=
Issued capital100--€61,500€61,500€61,500€61,500€61,500=
Reserves13€7,093€7,093€7,093€7,093€7,093€7,093€7,093=
Non-distributable reserves130/1--€7,093€7,093€7,093€7,093€7,093=
Legal reserve130--€7,093€7,093€7,093€7,093€7,093=
Profit (loss) carried forward14-€230,320-€236,045-€239,196-€239,344-€239,536-€239,750-€245,451▼ 2.4%
Amounts payable17/49€176,526€181,216€183,453€175,000€175,014€175,000€176,858▲ 1.1%
Amounts payable after more than one year17€175,000€175,000€175,000€175,000€175,000€175,000€175,000=
Financial debts170/4--€175,000€175,000€175,000€175,000€175,000=
Amounts payable within one year42/48€1,526€6,216€8,453-€14-€1,858-
Financial debts43----€14---
Credit institutions430/8----€14---
Other amounts payable47/48--€8,453---€1,858-
Line2018201920202021202220232024Change
Profit (loss) for the period9904-€11,481-€5,725-€3,150-€149-€192-€214-€5,701▼ 2,562%
Operating cash flow (approximation)-€11,481-€5,725-€3,150-€149-€192-€214-€5,701▼ 2,562%
Change in cash--€1,740€3,277-€3,224----

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 11 filings with the National Bank
Financial year Type Filed Reference
31-12-2024 micro format 02-07-2025 2025-00216006
31-12-2023 micro format 19-07-2024 2024-00261172
31-12-2022 micro format 19-07-2023 2023-00249756
31-12-2021 micro format 25-07-2022 2022-20219098
31-12-2020 micro format 25-07-2022 2022-20239111
31-12-2019 micro format 18-08-2020 2020-42200464
31-12-2018 micro format 18-08-2020 2020-42200229
31-12-2017 micro format 18-08-2020 2020-42200224
31-12-2016 abbreviated format 25-07-2018 2018-40200509
31-12-2015 abbreviated format 31-08-2016 2016-51400242

Show all 11 filings

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.