La Fraternité
ActiveFor La Fraternité, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €3.87M and a net result of €-118k. Equity remains stable across the filed fiscal years (±2.1% per year). Its solvency ranks better than 43% of 786 sector peers (fiscal year 2023). The company has been active since 1981 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability78▼-2
Solvency77=
Growth44▲+8
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Nine 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 →
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
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 2023Solvency, return and age of the figures
Solvency
52.3%
Return on assets
-1.6%
Age of the figures
33 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline17-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 18-12-2024, 140 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 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
140 d late
2022
30 d late
2021
31 d late
2020
30 d late
2019
163 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, abbreviated schema
Turnover
€314k▲ 29.4%
2022 · €243k
2018: €353k
2019: €309k
2020: €80k
2021: €132k
2022: €243k
2018 → 2023
EBIT margin
-25.1%▼ 72.3pp
2022 · 47.2%
2018: 102.9%
2019: 92.3%
2020: 515.5%
2021: 119.4%
2022: 47.2%
2018 → 2023
Net result
€-118k
2022 · €72k
2018: €310k
2019: €243k
2020: €365k
2021: €132k
2022: €72k
2018 → 2023
Working capital
€1.32M▼ 18.9%
2022 · €1.63M
2018: €614k
2019: €1.18M
2020: €1.47M
2021: €1.62M
2022: €1.63M
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Turnover€309k-€80k▼ 74.2%€132k▲ 65.3%€243k▲ 84.1%€314k▲ 29.4%
Equity€3.89M-€4.24M▲ 9.0%€4.22M▼ 0.5%€4.14M▼ 1.9%€3.87M▼ 6.5%
Operating result€285k-€412k▲ 44.3%€158k▼ 61.7%€115k▼ 27.2%€-79k
Net result€243k-€365k▲ 50.5%€132k▼ 63.9%€72k▼ 45.3%€-118k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2023: a loss of €79k after €115k in 2022, the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €7.40M
Fixed assets
€5.60M▼ 4.0%
Current assets
€1.80M▼ 13.4%
Equity and liabilities €7.40M
Equity
€3.87M▼ 6.5%
Provisions
€40k=
Debt
€3.49M▼ 6.5%
The debt ratio stays at 47.1%.
Key figures and ratios
EBITDA
€311k▼
2022 · €504k
Cash flow
€273k▼
2022 · €461k
Solvency
52.3%=
2022 · 52.3%
Current ratio
3.78▼
2022 · 4.67
Quick ratio
3.78▼
2022 · 4.67
Debt / equity
0.90=
2022 · 0.90
ROE
-3.0%▼
2022 · 1.7%
ROA
-1.6%▼
2022 · 0.9%
Interest coverage
8.32▼
2022 · 13.71
Debt
€3.49M▼
2022 · €3.73M
Debt ≤ 1 year
€476k▲
2022 · €444k
Debt > 1 year
€2.99M▼
2022 · €3.21M
Income taxes
€2k▲
2022 · €2k
Staff costs
€13.05M▲
2022 · €12.02M
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 · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€7.91M€7.40M▼
Fixed assets21/28€5.84M€5.60M▼
Tangible fixed assets22/27€5.84M€5.60M▼
Land and buildings22€5.13M€4.87M▼
Plant, machinery and equipment23€570k€532k▼
Furniture and vehicles24€97k€97k=
Assets under construction and advance payments27€38k€106k▲
Financial fixed assets28€500€500=
Other financial fixed assets284/8€500€500=
Amounts receivable and cash guarantees285/8€500€500=
Current assets29/58€2.07M€1.80M▼
Amounts receivable within one year40/41€1.00M€1.13M▲
Trade receivables40€169k€115k▼
Other amounts receivable41€834k€1.01M▲
Cash at bank and in hand54/58€1.04M€649k▼
Deferred charges and accrued income490/1€34k€18k▼
Equity and liabilities
Total equity and liabilities10/49€7.91M€7.40M▼
Equity10/15€4.14M€3.87M▼
Profit (loss) carried forward14€1.49M€1.37M▼
Investment grants15€2.15M€2.00M▼
Provisions and deferred taxes16€40k€40k=
Provisions for liabilities and charges160/5€40k€40k=
Other liabilities and charges164/5€40k€40k=
Amounts payable17/49€3.73M€3.49M▼
Amounts payable after more than one year17€3.21M€2.99M▼
Financial debts170/4€3.21M€2.99M▼
Credit institutions173€3.21M€2.99M▼
Amounts payable within one year42/48€444k€476k▲
Current portion of amounts payable after more than one year42€247k€255k▲
Trade debts44€130k€174k▲
Suppliers440/4€130k€174k▲
Taxes, remuneration and social security45€66k€44k▼
Taxes450/3€2k€2k=
Remuneration and social security454/9€64k€42k▼
Accrued charges and deferred income492/3€75k€25k▼
Income statement
Code20222023
Operating income70/76A€14.08M€15.15M▲
Turnover70€243k€314k▲
Other operating income74€95k€71k▼
Non-recurring operating income76A€9k€15k▲
Operating charges60/66A€13.96M€15.23M▲
Goods for resale, raw materials and consumables60€126k€171k▲
Purchases600/8€126k€171k▲
Services and other goods61€1.38M€1.53M▲
Remuneration, social security and pensions62€12.02M€13.05M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€389k€390k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€41k€78k▲
Other operating charges640/8€100€3k▲
Non-recurring operating charges66A€3k€4k▲
Operating profit (loss)9901€115k€-79k▼
Financial income75/76B€0€7k▲
Recurring financial income75€0€2k▲
Income from financial fixed assets750-€219
Income from current assets751-€2k
Other financial income752/9-€0
Non-recurring financial income76B€0€5k▲
Financial charges65/66B€41k€44k▲
Recurring financial charges65€41k€42k▲
Debt charges650€37k€37k▲
Other financial charges652/9€4k€5k▲
Non-recurring financial charges66B-€2k
Profit (loss) for the period before taxes9903€74k€-116k▼
Income taxes67/77€2k€2k▲
Taxes670/3€2k€2k▲
Profit (loss) for the period9904€72k€-118k▼
Profit (loss) for the period to be appropriated9905€72k€-118k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.49M€1.37M▼
Profit (loss) brought forward from the previous period14P€1.42M€1.49M▲
Social balance
Average headcount (FTE)9087249.012.2▼
The notes to these accounts (44 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
18-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 140 days late
2023
31-12
Financial
Weakest financial yearnet €-118k ▼263%
Net result drops to €-118k, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
10-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 163 days late
2020
31-12
Financial
Highest result since 2018net €365k ▲50.5%
Operating result €412k, net result €365k, both a record.
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 31 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
03-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
10-05
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 283 days late
2015
07-09
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 38 days late
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 2022
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.
22-11-2022
François Brochier: Resigned as Director
01-07-2022
JEAN-PIERRE BOOSTEN: Resigned as Director
04-05-2015
François Marc: Resigned as Director
Location & real-estate footprint
Registered office, Brussel · 6 establishment units since 2006
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.
Drootbeekstraat 21020 BrusselGround area
6,354 m²
Building footprint
2,452 m²
Volume, LiDAR
35,868 m³
6 parcels, Brussels · tallest building 27.1 m, ±8 floors. Linked by address, not a title deed.
6 establishment units
Collège La Fraternité-Site Ste Ursule
since 20062.152.546.202
Collège La Fraternité - Site St Vincent
since 20062.152.546.497
Ecole fondamentale Notre-Dame de Laeken
since 20062.152.546.794
Ecole fondamentale Sainte-Ursule
since 20062.152.546.992
Ecole primaire libre subventionnée de Laeken
since 20132.221.412.143
école maternelle Ste-Ursule
since 20192.295.108.981
6 parcels
Brussels
6
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21815D0302/00Z000 | Brussels | 2,698 m² | 1 · 987 m² | 21.1 m · 6 fl. |
| 21815D0221/00B006 | Brussels | 1,804 m² | 1 · 40 m² | 14.1 m · 4 fl. |
| 21815D0302/00H002 | Brussels | 816 m² | 1 · 772 m² | 20.8 m · 6 fl. |
| 21813A0324/00L000 | Brussels | 420 m² | 1 · 442 m² | 27.1 m · 8 fl. |
| 21815D0221/00A006 | Brussels | 404 m² | - | - |
| 21815D0302/00R002 | Brussels | 212 m² | 1 · 212 m² | 12.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 5
6 of 6 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 · 680 entries · 6,700,439 EUR in total| Year | Entries | paid |
|---|---|---|
| 2025 | 329 | 1,905,478 EUR |
| 2024 | 111 | 1,966,456 EUR |
| 2023 | 133 | 1,074,487 EUR |
| 2022 | 106 | 1,734,168 EUR |
| 2021 | 1 | 19,850 EUR |
Budget allocations
Subventions forfaitaires - Enseignement de plein exercice
Subventions forfaitaires dans le fondamental
Dépenses relatives aux moyens complémentaires alloués aux projets des écoles et implantations bénéficiant de l'encadrement différencié
Dépenses de toute nature relatives au soutien du travail des directeurs d'établissements scolaires
Dépenses liées à l'équipement de l'enseignement technique et professionnel
Show 10 more
Fonds budgétaire pour la réalisation de programmes d'actions ou de formation et de réinsertion professionnelles dans l'enseignementobligatoire de plein exercice, ordinaire et spécialisé, et l'enseignement en alternance
Dépenses de toute nature relatives au renforcement de la gratuité scolaire
Subventions forfaitaires
Financement d’urgence visant à soutenir les secteurs dépendant de la Fédération Wallonie-Bruxelles suite à la crise du coût de l'énergie
Subventions pour les surveillances de midi dans les établissements fondamental de l'ELS
Stratégie numérique pour l'enseignement
Dépenses de toute nature relative à l'acquisition des manuels scolaires, de logiciels scolaires, d'outils pédagogiques et de livrespour la jeunesse
Matériel sanitaire
Subventions pour l'achat de matériel sportif et de psychomotricité
Dépenses de toute nature relatives à un appel à projets en matière de démocratie scolaire et d’activités citoyennes
Recognitions · licences · registrations
Food safety, FASFC
2 sitesBrussel2.152.546.794
Brussel2.152.546.992
Similar companies · same sector, comparable size
Pouvoir Organisateur du Centre Educatif Saint-Charles du Peruwelzis
BE 0408.333.970
Péruwelz · Eq €3.87M
VERBLIJFSCENTRA VOOR VOLWASSEN PERSONEN MET EEN VERSTANDELIJKE BEPERKING
BE 0409.805.303
Elsene · Eq €3.87M
COMITE SCOLAIRE PROVIDENCE
BE 0414.397.361
Sint-Lambrechts-Woluwe · Eq €3.87M
COMITE ORGANISATEUR DE L'INSTITUT SAINT-JOSEPH DE FLORENNES
BE 0409.939.420
Florennes · Eq €3.87M
Licht en Liefde - Heem
BE 0422.359.279
Jabbeke · Eq €3.89M
Of 612 companies in sector 85314 we hold annual accounts for 422. 385 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formNon-profit association
Founded11-06-1981
Fiscal year end31-12
Activities, NACEBEL
80214
85314Education
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:jpboosten@hotmail.com
Phone:0488/48 45 89