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Association pour la Gestion et l'Exploitation touristiques et sportives des Voies d'Eau du Hainaut

Active
Non-profit associationfounded 1968active for 58 yearsDigue de Cuesmes 29, 7000 Mons, BelgiumKBO/BCE: BE 0401.141.223
Summary

Association pour la Gestion et l'Exploitation touristiques et sportives des Voies d'Eau du Hainaut has been active since 1968 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €946,438 and a net result of €85,619. Equity is growing by about 13% per year across the filed financial years. Its solvency ranks better than 57% of 171 sector peers (NACE 79, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Association pour la Gestion et l'Exploitation touristiques et sportives des Voies d'Eau du HainautActiveChecked score 55/100

Overview

Activity
Tourist information services
NACE 79901
2nd largest employer in Hainaut, Travel agencies sector1 site
Size
€923,660turnover 2024
Staff
43.6 FTE
Equity
€946,438
Surplus
€85,619
Net result -61%: other schema
Financial health
55 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Board
8 members
Auditor: RSM INTERAUDITAccounts 82 days overdue
Why 55raises riskCapped at 59: a confirmed filing findingLatest accounts 73 days late; 3 of the last 3 lateLoss of €74,095 (financial year 2025)lowers riskLegal form: non-profit associationFounded in 1968Show 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 79, small)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Strong
Solvency 76-4
equity 51.2% of total assets
Liquidity 77-3
short-term debt 46.2% · cash 69.0%
Profitability 83-7
return on assets 4.6%
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% (83 companies, NACE 79, small)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024highest value 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 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 05-2026lowest value 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 €50,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity ample (current ratio 1.64, compared with 1.63 in 2023, above the usual 1.5; short-term debt: 46.2% and cash: 69% of total assets), and 48.8% 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 79, small): better than 59% on solvency, 77% on liquidity, 13% on profitability and 34% on growth.

The bankruptcy probability was computed on 20-10-2026 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
lowers risk · Legal form: non-profit association
KBO
raises risk · Latest accounts 73 days late; 3 of the last 3 late
NBB · filings
lowers risk · Founded in 1968
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Loss of €74,095 (financial year 2025)
NBB · annual accounts
raises risk · 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, 82 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline21-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-09-2025, 53 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
53 days late
2023
140 days late
2022
140 days late
2021
82 days late
2020
48 days late
2019
21 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 81 days after the deadline; the sector median (NACE 79) for financial year 2024 is 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignations: Catherine BERGER, Marc BOITTE and…Withdrawals: Catherine BERGER, Marc BOITTE…
  2. Annual accounts filedfinancial year 2024 · full…
  3. Annual accounts filedfinancial year 2023 · abbreviated…

Key points

  • Caution: Among the weakest 10% on net resultsector median €47,412 · 171 companies -€74,095 View
  • Caution: Result fell in 2024different schema filed ▼ 61.1% View
  • Caution: Accounts not fileddeadline was 31-07-2026 82 days late View
  • Positive: 4 years of growth in a rowturnover 2024: €923,660 4 years View
  • Active since 1968founded 01-01-1968 58 years View

By topic

Financials

Financial year
2024
Turnover
€923,660
Profit
€85,619
Solvency
51.2%
Turnover▲ 2.5%
Net result
20182024
Go to Financials

Board & ownership

Board
8 members
Auditor
RSM INTERAUDIT
  • GOOSSENS AuroreChair
  • Damien SAUVAGEDirector
  • Catherine BERGERManaging director
  • Gérard MATTIADirector
  • Laurence DELATTREDirector

and 3 other directors

Go to Board & ownership

Timeline

Events
39
Since
2004
  1. 31-12-2023Highest result from 2018 to 2024
  2. 18-12-2023Annual accounts filed
  3. 18-11-2022Appointment: SCRL RSM Interaudit (commissaire réviseur)
Go to Timeline

Company details

Sites
1
Legal form
Non-profit association
Activity
Tourist information servicesNACE 79901
Founded
01-01-1968
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
1
Purpose
“Gérer les installations mises à sa disposition par la Région wallonne, la Province de…” (deed in French)
Go to Articles of association

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