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SPARSA

Active
Non-profit association·Cultureel onderwijs· 24 yrs active
Rue Chapelle Sainte-Elisabeth 32 ·1300 Wavre, Belgium
KBO/BCE: BE 0478.163.379
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Age24 yrs
Board2
Real estate1 parcel · 82 m²

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of SPARSA is < 0.1% (very low). The company has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. No processed annual-account figures are available; this conclusion rests on registry and State Gazette data only.

Based on State Gazette and CBE data.

Filing behaviour

From the deposit records, complete market-wide
No filing deadline can be computed
The statutory deadline is seven months after the close of the financial year, and that close is far from always 31 December. For this company we see no filed accounts and no founding deed stating the year end, so we compute no deadline and make no claim. This is expressly not a confirmation that anything was filed on time.
How we compute the deadline
We do not know this company's financial year end, so we compute no filing deadline.

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
Long-established
Founded in 2002, 24 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No administrative flags

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
< 0.1% Very low
0%0,5%1,5%4%10%≥25%
Lower-risk legal form −Lower-failure-rate sector −Long track record −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

Annual accounts & ratios

Source: NBB
No annual accounts filed
We find no annual accounts filed with the National Bank for this company. Not every legal form has to file: sole traders, small non-profits and dormant companies generally publish no figures. If the company files later, the figures appear here automatically.

Directors

Directors & mandates

2 directors
Current directors & mandates
  • Hakim Boussala
    Director
    State Gazette act 26044156 (30-03-2026)
    Current
    30-03-2026 → present
  • Mustapha Boussala
    Director
    State Gazette act 26044156 (30-03-2026)
    Current
    30-03-2026 → present
    2 events
    • 30-03-2026 Mandate renewed· Director
    • 30-03-2026 Mandate renewed· Managing director
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary Cultureel onderwijs(85520)
Legal form Non-profit association(017)
Incorporation04-05-2002
StatusActive
Postal code1300

Locations & real estate

Registered office

on the map · from the address register
seat.Municipality exact location from the address register
2 companies at this address See who is registered here
Parcels1
Ground area82 m²
Buildings1
Building footprint56 m²
Volume (LiDAR)584 m³
Tallest building12.0 m · ±4 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25112M0455/00A000 Wallonia 82 m² 1 · 56 m² 11.9 m · 4 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

1 verified act

What every Belgian State Gazette publication actually says, each act broken down into appointments, capital movements, seat moves and statute amendments.

2026
30-03-2026 Statutes amendment · Resignations & appointments
7 facts
  • General meeting , 12/03/2026
  • Director reappointment, Mustapha Boussala (administrateur)
  • Director reappointment, Mustapha Boussala (administrateur délégué)
  • Director reappointment, Hakim Boussala (administrateur)
  • Statutes amendment
  • Corporate purpose , de promouvoir l'accès à la culture, à l'éducation, au sport et au bien-être, notamment par la valorisation des arts plastiques, de la musique et des activités s…
+1 further fact

Analysis

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AI due-diligence brief

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Credit advice

verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

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Company registry

Company registry (CBE)

Crossroads Bank
Activities
Kunstonderwijs dat niet naar niveau kan worden ingedeeld80422Cultureel onderwijs85520Cultureel onderwijs85520
Primary activity highlighted.
Names & trade names
Legal nameFR SPARSA
Registered office
Rue Chapelle Sainte-Elisabeth 32
1300 Wavre, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.