WOESH

Active

Non-profit associationfounded 2001active for 25 yearsDamse Vaart-Zuid 39, 8310 Brugge, BelgiumKBO/BCE: BE 0474.792.234

Summary

WOESH has been active since 2001 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €348,642 and a net result of -€2,464. Equity remains stable across the filed financial years (±2.2% per year). Its solvency ranks better than 58% of 2,522 sector peers (NACE 85, financial year 2024). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow Report Compare

WOESHActiveChecked score 55/100

Risk analysis Report Compare

Activity

Cultural education

NACE 85520

1 site

Size

€627,166total assets 2024

Equity: €348,642
Deficit: -€2,464

Turnover not published (abbreviated or micro format)

Financial health

55 Fair Checked score 2024

Bankruptcy probabilitywithin 12 months: < 0.1%

Structure

Board: 5 members

Lotte RosierDaily manager

2025 accounts not filed, 89 days past the deadline2 of 11 deeds summarised

Why 55raises riskCapped at 59: a confirmed filing findingFigures for financial year 2024 (filed 28-05-2025)lowers riskLegal form: non-profit associationSector: Education (NACE 85)Size: total assets €627,166Show the evidence

Checked score

Score 2024

55 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 46% of its sector peers (NACE 85, micro)

A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.

Financial strength · tick = 2019

Strong

Solvency 81+5

equity 55.6% of total assets

Liquidity 63-6

short-term debt 6.6% · cash 10.6%

Profitability 48+32

return on assets -0.4%

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% (3,813 companies, NACE 85, micro)

Last 24 months 11-2024: < 0.1%highest value 12-2024: < 0.1%● unchanged vs 11-2024highest value 01-2025: < 0.1%● unchanged vs 12-2024highest value 02-2025: < 0.1%● unchanged vs 01-2025highest value 03-2025: < 0.1%● unchanged vs 02-2025highest value 04-2025: < 0.1%● unchanged vs 03-2025highest value 05-2025: < 0.1%● unchanged vs 04-2025highest value 06-2025: < 0.1%● unchanged vs 05-2025lowest value 07-2025: < 0.1%● unchanged vs 06-2025lowest value 08-2025: < 0.1%● unchanged vs 07-2025lowest value 09-2025: < 0.1%● unchanged vs 08-2025lowest value 10-2025: < 0.1%● unchanged vs 09-2025lowest value 11-2025: < 0.1%● unchanged vs 10-2025lowest value 12-2025: < 0.1%● unchanged vs 11-2025lowest value 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 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 08-2026 10-2026: < 0.1%● unchanged vs 09-2026

Credit of up to €19,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance

Liquidity ample (current ratio 2.67, compared with 2.33 in 2019, above the usual 1.5; short-term debt: 6.6% and cash: 10.6% of total assets), and 44.4% 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 58% on solvency, 52% on liquidity and 28% on profitability.

The bankruptcy probability was computed on 27-10-2026 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

Six signals.

lowers riskraises riskneutral

Legal form: non-profit association

KBO

Figures for financial year 2024 (filed 28-05-2025)

NBB · annual accounts

Sector: Education (NACE 85)

KBO

Size: total assets €627,166

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Annual accounts not filed

The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 89 days later.

NBB · 5 filings

Position against the passed deadline

31-12-2025 year end31-07-2026 deadline28-10-2026 today

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-05-2025, 64 days ahead of the deadline.

NBB · 5 filings

Deviation from the deadline

2025

not filed

2024

64 days early

2019

8 days early

2018

19 days early

2017

25 days early

2016

18 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 27 days before 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 (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

19-03-2026 Amendment of the articles · Resignations…Resignations: Gab Bondewel, Sara Braet…
28-05-2025 Annual accounts filedfinancial year 2024 · micro…
02-10-2023 Amendment of the articles · Resignations…Resignations: Tim Bastiaenssens, Tijs Vastesaeger…

Key points

Risk: 3 loss-making years in a rowloss financial year 2024 -€2,464 View
Caution: Board changedlatest change 19-03-2026 · 5 in office 5 joined · 5 left View
Caution: 2025 accounts not fileddeadline was 31-07-2026 89 days past the deadline View
Positive: Among the best 9% on equitysector median €34,191 · 2,525 companies €348,642 View
Flemish supportawarded from 2022 to 2025 €816,185 View

By topic

Financials

Financial year: 2024
Total assets: €627,166
Loss: -€2,464
Solvency: 55.6%

Turnover▼ 4.8%

Net result

20182019

Go to Financials

Board & ownership

Board: 5 members

Sarah BraetDirector
Hermen SixDirector
Inez AdriaensenDirector
Katelijne RisteynDirector
Michiel CoineDirector

Go to Board & ownership

Timeline

Events: 8
Since: 2017

23-07-2020Annual accounts filed
31-12-2019Weakest financial year
12-07-2019Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Non-profit association
Activity: Cultural educationNACE 85520
Founded: 26-01-2001
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 52

Purpose: “Het initiëren van circustechnieken via lessen, kampen, workshops; Het ontwikkelen van…” (deed in Dutch)
Statutory auditor: No statutory auditor

Go to Articles of association

Key facts about WOESH

What is the company number of WOESH?: 0474.792.234. In Belgium the VAT number is the company number with BE in front: BE 0474.792.234.
Where is WOESH based?: The registered office is at Damse Vaart-Zuid 39, 8310 Brugge.Company details
What does WOESH do?: According to the KBO register, the main activity is cultural education (NACE 85520).
What is the legal form of WOESH?: Non-profit association (VZW).
When was WOESH founded?: On 26-01-2001.
Is WOESH still active?: Yes, WOESH is an active enterprise in the KBO register.
How many employees does WOESH have?: On average 6.7 full-time equivalents in financial year 2019, according to the filed annual accounts.Financials
What is the turnover of WOESH?: €129,560 in financial year 2019, according to the filed annual accounts.
Is WOESH profitable?: In financial year 2024, WOESH made a loss of €2,464.
Where can I find the annual accounts of WOESH?: WOESH filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2024.