Financials
- Fiscal year
- 2024
- Total assets
- €32,636
- Profit
- €5,964
- Solvency
- 87.9%
Turnover▲ 61.1%
Net result
20182021
WASHINGTON SCHOOL
ActiveSummary
WASHINGTON SCHOOL has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €28,671 and a net result of €5,964. Equity is growing by ~2.9% per year across the filed fiscal years. Its solvency ranks better than 88% of 2552 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Activity
Other education
NACE 85599
1 site
Size
€32,636total assets 2024
- Equity
- €28,671
- Profit
- €5,964
Turnover not published (abridged schema)
Structure
Accounts 65 d overdue0 of 4 deeds read
Why 98- Figures for FY 2024 (filed 23-08-2025)+ Sector Education (NACE 85)+ Liquidity: current ratio 7.12, cash €16,119+ Equity €28,671 (87.9% of total assets)Show the evidence
Checked score
Score 2024
98
/ 100
Excellent
Probability in this band: under 0.55%
Better than 82% of its sector peers (NACE 85, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Strong
Solvency
100=
equity 87.9% of total assets
Liquidity
99=
short-term debt 12.1% · cash 49.4%
Profitability
92-8
return on assets 18.3%
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).
Last 24 months
11-2024: < 0.1%
12-2024: < 0.1%● 0.0% vs 11-2024
01-2025: < 0.1%▼ -2.2% vs 12-2024
02-2025: < 0.1%● 0.0% vs 01-2025
03-2025: < 0.1%▲ +2.3% vs 02-2025
04-2025: < 0.1%▲ +2.2% vs 03-2025
05-2025: < 0.1%● 0.0% vs 04-2025
06-2025: < 0.1%▲ +6.5% vs 05-2025
07-2025: 0.1%▲ +16.3% vs 06-2025
08-2025: 0.1%▲ +31.6% vs 07-2025highest value
09-2025: < 0.1%▼ -54.7% vs 08-2025lowest value
10-2025: < 0.1%● 0.0% vs 09-2025lowest value
11-2025: < 0.1%● 0.0% vs 10-2025lowest value
12-2025: < 0.1%● 0.0% vs 11-2025lowest value
01-2026: < 0.1%● 0.0% vs 12-2025lowest value
02-2026: < 0.1%● 0.0% vs 01-2026lowest value
03-2026: < 0.1%● 0.0% vs 02-2026lowest value
04-2026: < 0.1%▲ +2.9% vs 03-2026
05-2026: < 0.1%● 0.0% vs 04-2026
06-2026: < 0.1%▲ +5.7% vs 05-2026
07-2026: < 0.1%▲ +10.8% vs 06-2026
08-2026: < 0.1%▲ +19.5% vs 07-2026
09-2026: < 0.1%▲ +2.0% vs 08-2026
10-2026: 0.1%▲ +42.0% vs 09-2026
- Sector Education (NACE 85) lowers the probability
- Liquidity: current ratio 7.12, cash €16,119 lowers the probability
- Figures for FY 2024 (filed 23-08-2025) raises the probability
- Equity €28,671 (87.9% of total assets) lowers the probability
Credit up to €2,500 at 30 days acceptable
Liquidity ample (current ratio 7.12 against 6.34 in 2023; short-term debt: 12.1% and cash: 49.4% of total assets), and 12.1% 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 88%, liquidity 92%, profitability 75%, growth against the median 74%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. 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.
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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 31-12-2024 was due by 31-07-2025 and was filed on 23-08-2025, 23 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
23 d late
2023
48 d late
2022
30 d late
2021
61 d late
2020
36 d early
2019
25 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 17 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 (1)
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
- Back to profitnet €10,558
Key points
By topic
Timeline
- Events
- 14
- Since
- 2016
- 23-08-2025Annual accounts filed
- 17-09-2024Annual accounts filed
- 31-12-2023Back to profit
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Activity
- Other educationNACE 85599
- Founded
- 06-07-1990
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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