Summary
EduCentrum has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2012 annual accounts show equity of €91k and a net result of €-2k. The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
No current score
Figures too old
The available figures for FY 2012 are too old to assess current financial health.
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Axes, FY 2012 · tick = 2011
Profitability36▲+36
Solvency57▼-43
Growth58
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2012Solvency, return and age of the figures
Solvency
32.1%
Return on assets
-0.7%
Age of the figures
169 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 58
Relative position
BE, all sectors
reference
Publishing activities (NACE 58)
about 30% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · No filing for years
The last filed financial year closed on 31-08-2012. Since then, 13 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 2 filingsPosition against the passed deadline
31-08-2013 close31-03-2014 deadline25-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-08-2012 was due by 31-03-2013 and was filed on 28-02-2013, 31 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2012, abbreviated schema
Equity
€91k▼ 2.1%
2011 · €93k
2011: €93k
2012: €91k▼ -2.1% vs 2011
2011 → 2012
Total assets
€283k▲ 145%
2011 · €116k
2011: €116k
2012: €283k▲ +145% vs 2011
2011 → 2012
Net result
€-2k▲ 94.9%
2011 · €-39k
2011: €-39k
2012: €-2k▲ +94.9% vs 2011
2011 → 2012
Working capital
€86k▲ 8.1%
2011 · €80k
2011: €80k
2012: €86k▲ +8.1% vs 2011
2011 → 2012
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20112012Trend
Equity€93k-€91k▼ 2.1%
2011: €93k
2012: €91k▼ -2.1% vs 2011
Operating result€-40k-€-3k▲ 91.7%
2011: €-40k
2012: €-3k▲ +91.7% vs 2011
Net result€-39k-€-2k▲ 94.9%
2011: €-39k
2012: €-2k▲ +94.9% vs 2011
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3k in 2012 against €40k in 2011; the loss shrinks.
Balance-sheet composition
2012 in colour, 2011 as the grey bar beneath
Assets €283k
Fixed assets
€10k ▼ 21.6%
Current assets
€273k ▲ 166%
Equity and liabilities €283k
Equity
€91k ▼ 2.1%
Debt
€192k ▲ 740%
Debt's share of the balance-sheet total rises from 19.8% to 67.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€4k▲
2011 · €-33k
Cash flow
€5k▲
2011 · €-32k
Current ratio
1.46▼
2011 · 4.49
ROE
-2.2%▲
2011 · -41.8%
ROA
-0.7%▲
2011 · -33.5%
Debt ≤ 1 year
€187k▲
2011 · €23k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2012 against 2011 · 20 lines
Balance sheet
Code20112012
Assets
Total assets20/58€116k€283k▲
Fixed assets21/28€13k€10k▼
Tangible fixed assets22/27€7k€8k▲
Financial fixed assets28€6k€3k▼
Current assets29/58€103k€273k▲
Amounts receivable within one year40/41€33k€21k▼
Cash at bank and in hand54/58€70k€252k▲
Equity and liabilities
Total equity and liabilities10/49€116k€283k▲
Equity10/15€93k€91k▼
Profit (loss) carried forward14€5k€3k▼
Amounts payable17/49€23k€192k▲
Amounts payable within one year42/48€23k€187k▲
Trade debts44€15k€175k▲
Income statement
Code20112012
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k▲
Gross operating margin9900€73k€120k▲
Operating profit (loss)9901€-40k€-3k▲
Recurring financial income75€1k€2k▲
Recurring financial charges65€282€261▼
Profit (loss) for the period before taxes9903€-39k€-2k▲
Profit (loss) for the period9904€-39k€-2k▲
Accounts by statement
| Line | 2011 | 2012 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7k | €7k | ▲ 10.7% |
| Gross operating margin9900 | €73k | €120k | ▲ 65.5% |
| Operating profit (loss)9901 | €-40k | €-3k | ▲ 91.7% |
| Recurring financial income75 | €1k | €2k | ▲ 31.3% |
| Recurring financial charges65 | €282 | €261 | ▼ 7.2% |
| Profit (loss) for the period before taxes9903 | €-39k | €-2k | ▲ 94.9% |
| Profit (loss) for the period9904 | €-39k | €-2k | ▲ 94.9% |
| Line | 2011 | 2012 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €116k | €283k | ▲ 145% |
| Fixed assets21/28 | €13k | €10k | ▼ 21.6% |
| Tangible fixed assets22/27 | €7k | €8k | ▲ 2.7% |
| Financial fixed assets28 | €6k | €3k | ▼ 54.1% |
| Current assets29/58 | €103k | €273k | ▲ 166% |
| Amounts receivable within one year40/41 | €33k | €21k | ▼ 35.4% |
| Cash at bank and in hand54/58 | €70k | €252k | ▲ 261% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €116k | €283k | ▲ 145% |
| Equity10/15 | €93k | €91k | ▼ 2.1% |
| Profit (loss) carried forward14 | €5k | €3k | ▼ 36.2% |
| Amounts payable17/49 | €23k | €192k | ▲ 740% |
| Amounts payable within one year42/48 | €23k | €187k | ▲ 715% |
| Trade debts44 | €15k | €175k | ▲ 1,064% |
| Line | 2011 | 2012 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €-39k | €-2k | ▲ 94.9% |
| + Depreciation and write-downs630 | €7k | €7k | ▲ 10.7% |
| Operating cash flow (approximation) | €-32k | €5k | ▲ 117% |
| Investment in fixed assets (approximation) | - | €-5k | - |
| Change in cash | - | €182k | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2013
28-02
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
10-05
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 40 days late
NBB filing
0 of 9 acts read
About the unread acts
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
9 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2008
Ground area
606 m²
Building footprint
459 m²
Volume, LiDAR
7,707 m³
Parcel 44808H0031/00P000, Flanders · tallest building 21.5 m, ±6 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Krijgslaan 38, 9000 Gent
since 20082.173.000.235
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44808H0031/00P000 | Flanders | 606 m² | 1 · 459 m² | 21.4 m · 6 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 33,000 EUR awarded · 21,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 1,500 EUR | 1,500 EUR |
| 2024 | 1 | 0 EUR | 1,500 EUR |
| 2023 | 1 | 13,500 EUR | 18,000 EUR |
| 2022 | 1 | 18,000 EUR | 0 EUR |
Schemes
STEM@VLAIO
Federal government
2024 · 1 entry · 278,247 EUR in total| Year | Department | Transactions | Amount |
|---|---|---|---|
| 2024 | FOD Beleid & Ondersteuning | 1 | 278,247 EUR |
Budget allocations
Toelagen aan diverse organisaties in het kader van het Digital Belgium Skills Fund (art. 2.06.4 van de Algemene uitgavenbegroting)
European research
1 project · 152,975 EUR EU contributionProgrammes
Horizon 2020
Projects
Entrepreneurial skills for young social innovators in an open digital world. A European Initiative
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Of 718 companies in sector 58190 we hold annual accounts for 214. 150 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formNon-profit association
Founded17-09-2007
Fiscal year end31-08
Activities, NACEBEL 2025
58190Other publishing activities, excluding software publishing
85599Other education
Scores and ratios are computed by Checked and are not a credit decision.