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Les Bruyères

Active
Non-profit associationfounded 197650 yrs activeAvenue des Arts 11, 1348 Ottignies-Louvain-la-Neuve, BelgiumKBO/BCE: BE 0416.292.029

Les Bruyères has been active since 1976 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €496k and a net result of €113. Equity is shrinking by ~6.5% per year across the filed fiscal years. Its solvency ranks better than 68% of 430 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Checked score

Score 2025
59 / 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▼-1
Solvency96▲+3
Growth57▲+3
Track record100
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days only on tighter terms
Liquidity ample (current ratio 6.58 against 7.0 in 2024; short-term debt: 6.6% and cash: 17.9% of total assets), and 29.4% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Nine signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 50 years 0 60 y
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
70.6%
Return on assets
0%
Age of the figures
14 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Filed more than 90 days late
The financial year that closed on 31-07-2025 was due by 28-02-2026 and was filed on 04-09-2026, 188 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
188 d late
2024
on the day
2023
88 d late
2022
4 d early
2021
144 d late
2020
on the day
2019
7 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-07-2026 and is due by 28-02-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
31-07-2026 close18-09-2026 today28-02-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, full schema

Turnover
€75k▲ 18.7%
2024 · €63k
2020: €53k 2021: €86k 2022: €49k 2023: €72k 2024: €63k
2020 → 2025
EBIT margin
0.9%▼ 22.2pp
2024 · 23.1%
2020: -177.4% 2021: 7.3% 2022: -12.1% 2023: -44.0% 2024: 23.1%
2020 → 2025
Net result
€113▼ 99.1%
2024 · €12k
2019: €-88k 2020: €-98k 2021: €3k 2022: €-7k 2023: €-34k 2024: €12k
2019 → 2025
Working capital
€261k▼ 12.6%
2024 · €298k
2019: €454k 2020: €433k 2021: €334k 2022: €296k 2023: €267k 2024: €298k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Turnover€86k-€49k▼ 42.9%€72k▲ 47.9%€63k▼ 13.1%€75k▲ 18.7%
Equity€743k-€681k▼ 8.3%€593k▼ 13.0%€551k▼ 7.1%€496k▼ 9.8%
Operating result€6k-€-6k€-32k▼ 435%€15k€672▼ 95.4%
Net result€3k-€-7k€-34k▼ 361%€12k€113▼ 99.1%
Result per fiscal year
Operating resultNet result
€-40k€-20k€0€20kOperating result 2021: €6k€6kNet result 2021: €3k€3kOperating result 2022: €-6k€-6kNet result 2022: €-7k€-7kOperating result 2023: €-32k€-32kNet result 2023: €-34k€-34kOperating result 2024: €15k€15kNet result 2024: €12k€12kOperating result 2025: €672€672Net result 2025: €113€11320212022202320242025
The operating result falls in 2025; 2025 is 95% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €703k
Fixed assets €396k▼ 13.7%
Current assets €307k▼ 11.7%
Equity and liabilities €703k
Equity €496k▼ 9.8%
Debt €207k▼ 19.3%
The debt ratio falls from 31.8% to 29.4%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€99k
2024 · €112k
Cash flow
€98k
2024 · €109k
Solvency
70.6%
2024 · 68.2%
Current ratio
6.58
2024 · 7.00
Quick ratio
6.58
2024 · 7.00
Debt / equity
0.42
2024 · 0.47
ROE
0.0%
2024 · 2.2%
ROA
0.0%
2024 · 1.5%
Interest coverage
25.17
2024 · 25.01
Debt
€207k
2024 · €256k
Debt ≤ 1 year
€47k
2024 · €50k
Debt > 1 year
€160k
2024 · €207k
Staff costs
€2.21M
2024 · €2.12M
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 · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€807k€703k
Fixed assets21/28€459k€396k
Tangible fixed assets22/27€459k€396k
Land and buildings22€459k€392k
Plant, machinery and equipment23€0-
Furniture and vehicles24€0€4k
Financial fixed assets28€50€50=
Current assets29/58€348k€307k
Amounts receivable after more than one year29€88k€78k
Other amounts receivable291€88k€78k
Amounts receivable within one year40/41€85k€104k
Trade receivables40€13k€17k
Other amounts receivable41€72k€87k
Cash at bank and in hand54/58€175k€126k
Equity and liabilities
Total equity and liabilities10/49€807k€703k
Equity10/15€551k€496k
Contributions10/11€776k€776k=
Capital10€776k€776k=
Profit (loss) carried forward14€-526k€-526k=
Investment grants15€300k€246k
Amounts payable17/49€256k€207k
Amounts payable after more than one year17€207k€160k
Financial debts170/4€207k€160k
Amounts payable within one year42/48€50k€47k
Current portion of amounts payable after more than one year42€35k€36k
Trade debts44€14k€10k
Suppliers440/4€14k€10k
Taxes, remuneration and social security45€614€872
Remuneration and social security454/9€614€872
Income statement Code20242025
Turnover70€63k€75k
Goods, raw materials, services and sundry goods60/61€53k€49k
Remuneration, social security and pensions62€2.12M€2.21M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€97k€98k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€9k€0
Other operating charges640/8€3k€0
Gross operating margin9900€2.25M€2.31M
Operating profit (loss)9901€15k€672
Financial income75/76B€2k€3k
Recurring financial income75€2k€3k
Financial charges65/66B€4k€4k
Recurring financial charges65€4k€4k
Profit (loss) for the period before taxes9903€12k€113
Profit (loss) for the period9904€12k€113
Profit (loss) for the period to be appropriated9905€12k€113
Appropriation of the result
Profit (loss) to be appropriated9906€-526k€-526k=
Profit (loss) brought forward from the previous period14P€-538k€-526k
Social balance
Average headcount (FTE)90876.06.0=

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 28-02-2027
2026
04-09
NBB filing Annual accounts filed
fiscal year 2025 · full schema · 188 days late
2025
28-02
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-07
Financial Back to profitnet €12k
Net result €12k after 2 loss-making years.
27-05
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 88 days late
2023
24-02
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
22-07
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 144 days late
2021
31-07
Financial Back to profitnet €3k
Net result €3k after 2 loss-making years.
28-02
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
31-07
Financial Weakest financial yearnet €-98k
Net result drops to €-98k, the lowest in the series; recovery starts the following year.
22-02
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
31-03
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 31 days late
2018
05-02
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2016
02-12
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
no sitting director, no change since 2024
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
04-07-2024 COESKELBERGHS Vincent: Resigned as Director
04-07-2024 DOCQ Anne: Resigned as Director
04-07-2024 JARAMILLO Isabelle: Resigned as Director
07-07-2023 Carnoy Damien: Resigned as Director
07-07-2023 Collet Sandrine: Resigned as Director
07-07-2023 Neve de Mervegnies Amandine: Resigned as Director
30-06-2022 Carière Mélanie: Resigned as Director
18-10-2021 VANTOURNHOUDT Catherine: Resigned as Director
30-06-2021 Gomez Sophie: Resigned as Director
30-06-2021 Hachez Bastien: Resigned as Director
30-06-2021 HUENS Diane: Resigned as Director
15-10-2020 Guclu: Resigned as Director
30-06-2020 MADAME MATIS Sylvie: Resigned as Director
30-11-2019 BINON Louis-françois: Resigned as Director
30-11-2019 Olivier Servais: Resigned as Director
12-01-2015 Monsieur Tom GOENEN: Resigned as Director
12-01-2015 Monsieur Yvan ABSIL: Resigned as Director
12-01-2015 Mélanie CARRIERE: Resigned as Director
15-09-2003 Michel Bosquet: Resigned as Director
16-06-2003 Luc Stokart: Resigned as Director
16-06-2003 Martine Marchandise: Resigned as Director
Location & real-estate footprint
Registered office, Ottignies-Louvain-la-Neuve · 2 establishment units since 2006
establishment approximate All 2 establishment units on the map
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.

Avenue des Arts 111348 Ottignies-Louvain-la-Neuve
Ground area
1.0 ha
Building footprint
431 m²
Volume, LiDAR
3,275 m³
2 parcels, Wallonia · tallest building 10.7 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
LES BRUYERES ASBL
Avenue des Arts 13, 1348 Ottignies-Louvain-la-NeuveNACE 80214
since 20062.157.708.580
La petite école des Bruyères
Avenue des Arts 11, 1348 Ottignies-Louvain-la-NeuveEducation
since 20182.279.490.793
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25386B0079/00B003 Wallonia 8,080 m² 1 · 336 m² 10.7 m · 3 fl.
25386B0080/00D004 Wallonia 2,347 m² 1 · 96 m² 9.4 m · 3 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Wallonia-Brussels Federation

2021 to 2025 · 96 entries · 994,854 EUR in total
Year Entries paid
2025 33 341,053 EUR
2024 23 343,577 EUR
2023 14 7,985 EUR
2022 25 243,888 EUR
2021 1 58,351 EUR
Budget allocations
Subventions forfaitaires dans le fondamental
36 entries · 677,749 EUR
Dépenses de toute nature relatives au soutien du travail des directeurs d'établissements scolaires
6 entries · 103,238 EUR
Dépenses de toute nature relatives au renforcement de la gratuité scolaire
5 entries · 39,682 EUR
Subventions pour les surveillances de midi dans les établissements fondamental de l'ELS
8 entries · 20,020 EUR
Programme prioritaire de travaux PPT
1 entry · 19,450 EUR
Show 7 more
Sub. - PV : AES 1
1 entry · 17,949 EUR
Subventions forfaitaires - Enseignement de plein exercice
24 entries · 12,463 EUR
Financement d’urgence visant à soutenir les secteurs dépendant de la Fédération Wallonie-Bruxelles suite à la crise du coût de l'énergie
2 entries · 6,131 EUR
Dépenses de toute nature relative à l'acquisition des manuels scolaires, de logiciels scolaires, d'outils pédagogiques et de livrespour la jeunesse
6 entries · 5,993 EUR
Stratégie numérique pour l'enseignement
1 entry · 3,776 EUR
Subventions pour l'achat de matériel sportif et de psychomotricité
2 entries · 3,606 EUR
Subventions forfaitaires
2 entries · 81 EUR

Similar companies · same sector, comparable size

Of 605 companies in sector 85204 we hold annual accounts for 183. 164 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formNon-profit association
Founded07-06-1976
Fiscal year end31-07
Activities, NACEBEL
85204Subsidised independent mainstream primary education
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers

Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.