LEARNING BRAIN
ActiveLEARNING BRAIN has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €41k and a net result of €18k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 91% of 2542 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
95
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 9.39 against 3.92 in 2023; short-term debt: 8.7% and cash: 67.4% of total assets), and 8.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 85
Relative position
BE, all sectors
reference
Sector 85
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
34 d early
2023
14 d early
2022
35 d early
2021
40 d early
2020
3 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€18k▼ 24.6%
2023 · €24k
2020: €-3k
2021: €-1k
2022: €-585
2023: €24k
2020 → 2024
Working capital
€33k▲ 47.0%
2023 · €22k
2020: €-2k
2021: €-3k
2022: €-2k
2023: €22k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€481-€-765€-1k▼ 76.4%€23k€41k▲ 79.9%
Operating result€-2k-€-72▲ 96.4%€631€35k▲ 5,431%€25k▼ 29.1%
Net result€-3k-€-1k▲ 50.6%€-585▲ 53.1%€24k€18k▼ 24.6%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 29% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €45k
Fixed assets
€8k
Current assets
€37k
Equity and liabilities €45k
Equity
€41k▲ 79.9%
Debt
€4k▼ 48.8%
The debt ratio falls from 25.1% to 8.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€26k▼
2023 · €36k
Cash flow
€19k▼
2023 · €25k
Solvency
91.3%▲
2023 · 74.9%
Current ratio
9.39▲
2023 · 3.92
Quick ratio
9.39▲
2023 · 3.92
Debt / equity
0.10▼
2023 · 0.34
ROE
44.4%▼
2023 · 105.9%
ROA
40.5%▼
2023 · 79.3%
Interest coverage
29.66▼
2023 · 36.26
Debt
€4k▼
2023 · €8k
Debt ≤ 1 year
€4k▼
2023 · €8k
Income taxes
€6k▼
2023 · €10k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€31k€45k▲
Formation expenses20€475€190▼
Fixed assets21/28€0€8k▲
Tangible fixed assets22/27€0€8k▲
Furniture and vehicles24€0€8k▲
Current assets29/58€30k€37k▲
Amounts receivable within one year40/41€5k€6k▲
Trade receivables40€4k€1k▼
Other amounts receivable41€596€5k▲
Cash at bank and in hand54/58€25k€30k▲
Deferred charges and accrued income490/1€456€397▼
Equity and liabilities
Total equity and liabilities10/49€31k€45k▲
Equity10/15€23k€41k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€20k€38k▲
Amounts payable17/49€8k€4k▼
Amounts payable within one year42/48€8k€4k▼
Trade debts44€2k€567▼
Suppliers440/4€2k€567▼
Taxes, remuneration and social security45€6k€2k▼
Taxes450/3€6k€2k▼
Other amounts payable47/48€0€2k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€645€1k▲
Other operating charges640/8€1k€998▼
Non-recurring operating charges66A-€2k
Gross operating margin9900€37k€29k▼
Operating profit (loss)9901€35k€25k▼
Financial income75/76B€1€7▲
Recurring financial income75€1€7▲
Financial charges65/66B€981€871▼
Recurring financial charges65€981€871▼
Profit (loss) for the period before taxes9903€34k€24k▼
Income taxes67/77€10k€6k▼
Profit (loss) for the period9904€24k€18k▼
Profit (loss) for the period to be appropriated9905€24k€18k▼
Appropriation of the result
Profit (loss) to be appropriated9906€20k€38k▲
Profit (loss) brought forward from the previous period14P€-4k€20k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity doublescurrent ratio 9.39
Current ratio from 3.92 to 9.39; short-term debt falls from €8k to €4k.
17-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €24k
Net result €24k after 3 loss-making years.
31-12
Financial
Liquidity times 5current ratio 3.92
Current ratio from 0.85 to 3.92; short-term debt falls from €17k to €8k.
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Thuin · 1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue du Fosteau(THN) 376530 ThuinGround area
1,098 m²
Building footprint
98 m²
Volume, LiDAR
491 m³
Parcel 56078D0072/00E000, Wallonia · tallest building 6.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LEARNING BRAIN
since 20202.306.775.509
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56078D0072/00E000 | Wallonia | 1,098 m² | 1 · 98 m² | 6.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
IM-MANAGEMENT
BE 0819.235.571
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BE 0502.749.515
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IDYIA VISION
BE 0788.253.870
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DEEP STREET
BE 0685.799.797
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CAPTATIO
BE 0790.430.828
Sprimont · Eq €40k
Of 3,016 companies in sector 85592 we hold annual accounts for 987. 676 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-09-2020
Fiscal year end31-12
Abbreviation FR
LB
Activities, NACEBEL
85592Vocational training
47120Other non-specialised retail sale
47910Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.