Teach for Belgium
ActiveSummary
Teach for Belgium has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.98M and a net result of €54k. Equity is shrinking by ~3.1% per year across the filed fiscal years. Its solvency ranks better than 75% of 545 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2024
90
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability71▲+63
Solvency99▼-1
Growth32=
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €170k at 30 days acceptable
Liquidity ample (current ratio 14.74 against 11.21 in 2023; short-term debt: 6.7% and cash: 28.1% of total assets), and 26.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six 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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
73.8%
Return on assets
2%
Age of the figures
21 mo
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
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 18-06-2025, 43 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
43 d early
2023
43 d early
2022
40 d early
2021
32 d early
2020
57 d early
2019
67 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
€630
EBIT margin
7557.6%
Net result
€54k
2023 · €-206k
2018: €97k
2019: €-375k
2020: €44k
2021: €29k
2022: €-46k
2023: €-206k
2018 → 2024
Working capital
€2.48M▲ 10.4%
2023 · €2.25M
2018: €2.55M
2019: €2.40M
2020: €2.65M
2021: €3.06M
2022: €2.75M
2023: €2.25M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€630-
Equity€2.15M-€2.18M▲ 1.4%€2.13M▼ 2.1%€1.93M▼ 9.7%€1.98M▲ 2.8%
Operating result€48k-€34k▼ 28.4%€-46k€-218k▼ 377%€18k
Net result€44k-€29k▼ 34.1%€-46k€-206k▼ 343%€54k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €18k after a loss of €218k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.68M
Fixed assets
€22k ▲ 1,075%
Current assets
€2.66M ▲ 7.9%
Equity and liabilities €2.68M
Equity
€1.98M ▲ 2.8%
Debt
€703k ▲ 29.6%
Debt's share of the balance-sheet total rises from 21.9% to 26.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€26k▲
2023 · €-213k
Cash flow
€61k▲
2023 · €-201k
Current ratio
14.74▲
2023 · 11.21
Debt to equity
0.35▲
2023 · 0.28
ROE
2.7%▲
2023 · -10.7%
ROA
2.0%▲
2023 · -8.3%
Interest coverage
34.87▲
2023 · -144.73
Debt ≤ 1 year
€181k▼
2023 · €220k
Staff costs
€998k▼
2023 · €1.17M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 44 lines
Balance sheet
Code20232024
Assets
Total assets20/58€2.47M€2.68M▲
Fixed assets21/28€2k€22k▲
Intangible fixed assets21-€21k
Tangible fixed assets22/27€2k€1k▼
Furniture and vehicles24€2k€1k▼
Current assets29/58€2.47M€2.66M▲
Amounts receivable within one year40/41€385k€256k▼
Trade receivables40€14k€25k▲
Other amounts receivable41€371k€231k▼
Current investments50/53€1.00M€1.65M▲
Cash at bank and in hand54/58€1.07M€754k▼
Deferred charges and accrued income490/1€14k€2k▼
Equity and liabilities
Total equity and liabilities10/49€2.47M€2.68M▲
Equity10/15€1.93M€1.98M▲
Reserves13€210k€210k=
Non-distributable reserves130/1€210k-
Reserves not available under the articles1311€210k-
Profit (loss) carried forward14€1.72M€1.77M▲
Amounts payable17/49€542k€703k▲
Amounts payable within one year42/48€220k€181k▼
Financial debts43€1k€1k▲
Credit institutions430/8€1k€1k▲
Trade debts44€55k€77k▲
Suppliers440/4€55k€77k▲
Taxes, remuneration and social security45€160k€102k▼
Taxes450/3€30k€24k▼
Remuneration and social security454/9€130k€78k▼
Other amounts payable47/48€5k-
Accrued charges and deferred income492/3€322k€522k▲
Income statement
Code20232024
Remuneration, social security and pensions62€1.17M€998k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€8k▲
Other operating charges640/8€908€580▼
Gross operating margin9900€959k€1.02M▲
Operating profit (loss)9901€-218k€18k▲
Financial income75/76B€14k€36k▲
Recurring financial income75€14k€36k▲
Financial charges65/66B€1k€747▼
Recurring financial charges65€1k€747▼
Profit (loss) for the period before taxes9903€-206k€54k▲
Profit (loss) for the period9904€-206k€54k▲
Profit (loss) for the period to be appropriated9905€-206k€54k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.72M€1.77M▲
Profit (loss) brought forward from the previous period14P€1.92M€1.72M▼
Social balance
Average headcount (FTE)908719.316.0▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
05-02
State Gazette act
Resignations: Taoufik Amzile (director) and Ihsane Haouach (bestuurster)Reappointments: Christiane Malcorps, Fritz Schiltz and Sabine Verheyden · Appointments: Steve AHOUANMENOU, Hélène Hannecart and 3 others11 facts ▸
State Gazette act
Resignations: Taoufik Amzile (director) and Ihsane Haouach (bestuurster)
Reappointments: Christiane Malcorps, Fritz Schiltz and Sabine Verheyden · Appointments: Steve AHOUANMENOU, Hélène Hannecart and 3 others11 facts ▸
- General meeting, 10-06-2025
- Director resignation, Taoufik Amzile (director)
- Director resignation, Ihsane Haouach (bestuurster)
- Director reappointment, Christiane Malcorps (bestuurster)
- Director reappointment, Fritz Schiltz (director)
- Director reappointment, Sabine Verheyden (bestuurster)
- Director appointment, Steve AHOUANMENOU (director)
- Director appointment, Hélène Hannecart (bestuurster)
- Director appointment, Soufiane Amzur (director)
- Director appointment, Vincent Verbeke (director)
- Director appointment, Thibaut Coppe (director)
2025
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
20-02
State Gazette act
Resignations: Ange-Raïssi Uzanziga (director) and Caroline de Cartier (day-to-day manager)Appointment: Simon Geerinck (day-to-day manager)5 facts ▸
State Gazette act
Resignations: Ange-Raïssi Uzanziga (director) and Caroline de Cartier (day-to-day manager)
Appointment: Simon Geerinck (day-to-day manager)5 facts ▸
- Board meeting, 23-09-2024
- Director resignation, Ange-Raïssi Uzanziga (director)
- Board meeting, 26-11-2024
- Director appointment, Simon Geerinck (day-to-day manager)
- Director resignation, Caroline de Cartier (day-to-day manager)
2024
31-12
Financial
Back to profitnet €54k
Net result €54k after 2 loss-making years.
26-08
State Gazette act
Reappointments: Yves Slachmuylders (director) and Taoufik Amzile (director)Mandate compensation5 facts ▸
State Gazette act
Reappointments: Yves Slachmuylders (director) and Taoufik Amzile (director)
Mandate compensation5 facts ▸
- General meeting, 04-06-2024
- Director reappointment, Yves Slachmuylders (director)
- Director reappointment, Taoufik Amzile (director)
- Mandate compensation, Yves Slachmuylders
- Mandate compensation, Taoufik Amzile
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
19-03
State Gazette act
Resignations: Etienne Denoël, Xavier Prats Monne and Pierre PirardRegistered-office move · Director discharge · Purpose change13 facts ▸
State Gazette act
Resignations: Etienne Denoël, Xavier Prats Monne and Pierre Pirard
Registered-office move · Director discharge · Purpose change13 facts ▸
- General meeting, 06-06-2023
- Registered-office move, Kantersteen 12, 1000 Brussel
- Director resignation, Etienne Denoël (director)
- Director resignation, Xavier Prats Monne (director)
- Director resignation, Pierre Pirard (director)
- Director discharge, Etienne Denoël
- Director discharge, Xavier Prats Monne
- Director discharge, Pierre Pirard
- General meeting, 21-12-2023
- Purpose change, Het belangeloze doel van de Vereniging, met uitsluiting van elk winstgevend doel en zonder enige filosofische, religieuze of politieke affiliatie, is het uitvoe…
- Statutes amendment
- Statutes amendment
- +1 further facts in this act
2023
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
03-05
State Gazette act
Resignations: Jamila Ben Azzouz, Bernadette Devillé and Philippe MauchardAppointments: Ihsane Haouach, Christiane Malcorps and 3 others · Mandate compensation · Member status17 facts ▸
State Gazette act
Resignations: Jamila Ben Azzouz, Bernadette Devillé and Philippe Mauchard
Appointments: Ihsane Haouach, Christiane Malcorps and 3 others · Mandate compensation · Member status17 facts ▸
- General meeting, 29-03-2022
- Director resignation, Jamila Ben Azzouz (director)
- Director resignation, Bernadette Devillé (director)
- Director resignation, Philippe Mauchard (director)
- Director appointment, Ihsane Haouach (director)
- Director appointment, Christiane Malcorps (director)
- Director appointment, Fritz Schiltz (director)
- Director appointment, Ange-Raïssa Uzanziga (director)
- Director appointment, Sabine Verheyden (director)
- Mandate compensation, Ihsane Haouach
- Mandate compensation, Christiane Malcorps
- Mandate compensation, Fritz Schiltz
- +5 further facts in this act
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
11-03
State Gazette act
Reappointments: Bernadette Devillé, Xavier Prats Monne and 3 others6 facts ▸
State Gazette act
Reappointments: Bernadette Devillé, Xavier Prats Monne and 3 others
6 facts ▸
- General meeting, 27-05-2021
- Director reappointment, Bernadette Devillé (director)
- Director reappointment, Xavier Prats Monne (director)
- Director reappointment, Jamila Ben Azzouż (director)
- Director reappointment, Amzile Taoufik (director)
- Director reappointment, Yves Slachmuylders (director)
Show earlier events
2021
07-06
State Gazette act
Reappointments: Etienne Denoel, Pierre Pirard and Philippe Mauchard4 facts ▸
State Gazette act
Reappointments: Etienne Denoel, Pierre Pirard and Philippe Mauchard
4 facts ▸
- General meeting, 25-03-2020
- Director reappointment, Etienne Denoel (director)
- Director reappointment, Pierre Pirard (director)
- Director reappointment, Philippe Mauchard (director)
04-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €44k
Net result €44k after one loss-making year.
25-05
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
29-01
State Gazette act
Appointment: Prats Monne Xavier (director)2 facts ▸
State Gazette act
Appointment: Prats Monne Xavier (director)
2 facts ▸
- General meeting, 04-04-2019
- Director appointment, Prats Monne Xavier (director)
2019
31-12
Financial
Weakest financial yearnet €-375k ▼485%
Net result drops to €-375k, the lowest in the series; recovery starts the following year.
17-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
02-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 2 days late
06-02
State Gazette act
Appointments: Ben Azzouz Jamila, Taoufik Amzile and De Cartier Caroline5 facts ▸
State Gazette act
Appointments: Ben Azzouz Jamila, Taoufik Amzile and De Cartier Caroline
5 facts ▸
- General meeting, 05-10-2017
- Director appointment, Ben Azzouz Jamila (director)
- Director appointment, Taoufik Amzile (director)
- Board meeting, 05-10-2017
- Director appointment, De Cartier Caroline (directrice de la gestion journalière)
2017
19-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 50 days late
08-09
State Gazette act
Resignations: Isabelle SCHUILING, Dirk JACOBS and Pierre PIRARDAppointment: Yves SLACHMUYLDERS (director) · Reappointments: Pierre PIRARD, Etienne DENOEL and Philippe MAUCHARD · Mandate compensation14 facts ▸
State Gazette act
Resignations: Isabelle SCHUILING, Dirk JACOBS and Pierre PIRARD
Appointment: Yves SLACHMUYLDERS (director) · Reappointments: Pierre PIRARD, Etienne DENOEL and Philippe MAUCHARD · Mandate compensation14 facts ▸
- General meeting, 12-10-2015
- Director resignation, Isabelle SCHUILING (director)
- Director resignation, Dirk JACOBS (director)
- Director appointment, Yves SLACHMUYLDERS (director)
- Mandate compensation, Yves SLACHMUYLDERS
- General meeting, 26-01-2016
- Director reappointment, Pierre PIRARD (director)
- Director reappointment, Etienne DENOEL (director)
- Director reappointment, Philippe MAUCHARD (director)
- Mandate compensation, Pierre PIRARD
- Mandate compensation, Etienne DENOEL
- Mandate compensation, Philippe MAUCHARD
- +2 further facts in this act
2016
29-11
State Gazette act
Statutes amendmentGeneral meeting1 fact ▸
State Gazette act
Statutes amendment
General meeting1 fact ▸
- General meeting, 08-11-2016
2015
23-01
State Gazette act
Appointment: DEVILLE Bernadette (director)Mandate compensation3 facts ▸
State Gazette act
Appointment: DEVILLE Bernadette (director)
Mandate compensation3 facts ▸
- General meeting, 13-11-2014
- Director appointment, DEVILLE Bernadette (director)
- Mandate compensation, DEVILLE Bernadette
2014
16-04
State Gazette act
Appointments: ISABELLE SCHUILLING (director) and DIRK JACOBS (director)Mandate compensation5 facts ▸
State Gazette act
Appointments: ISABELLE SCHUILLING (director) and DIRK JACOBS (director)
Mandate compensation5 facts ▸
- General meeting, 29-01-2014
- Director appointment, ISABELLE SCHUILLING (director)
- Director appointment, DIRK JACOBS (director)
- Mandate compensation, ISABELLE SCHUILLING
- Mandate compensation, DIRK JACOBS
2013
09-08
State Gazette act
Appointments: Etienne DENOEL (chair) and Pierre PIRARD (managing director)4 facts ▸
State Gazette act
Appointments: Etienne DENOEL (chair) and Pierre PIRARD (managing director)
4 facts ▸
- Board meeting, 13-07-2013
- Director appointment, Etienne DENOEL (chair)
- Director appointment, Pierre PIRARD (managing director)
- Director appointment, Pierre PIRARD (secretary)
05-04
State Gazette act
IncorporationAdmissions: Etienne DENOEL, Pierre PIRARD and 2 others · Appointments: Etienne DENOEL, Pierre PIRARD and Philippe MAUCHARD · Founder12 facts ▸
State Gazette act
Incorporation
Admissions: Etienne DENOEL, Pierre PIRARD and 2 others · Appointments: Etienne DENOEL, Pierre PIRARD and Philippe MAUCHARD · Founder12 facts ▸
- Incorporation, 25-03-2013
- Founder, Etienne DENOEL
- Founder, Pierre PIRARD
- Founder, Laurent LEDOUX
- Founder, Philippe MAUCHARD
- Member admission, Etienne DENOEL
- Member admission, Pierre PIRARD
- Member admission, Laurent LEDOUX
- Member admission, Philippe MAUCHARD
- Director appointment, Etienne DENOEL (director)
- Director appointment, Pierre PIRARD (director)
- Director appointment, Philippe MAUCHARD (director)
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.An act published in both Dutch and French appears here once.
Directors · office · real estate
Directors
12 directors, no change since 2025
Hélène HANNECART
CurrentDirector · since 11-06-2025
Soufiane AMZUR
CurrentDirector · since 11-06-2025
Steve AHOUANMENOU
CurrentDirector · since 11-06-2025
Thibaut COPPE
CurrentDirector · since 11-06-2025
Vincent VERBEKE
CurrentDirector · since 11-06-2025
Simon Geerinck
CurrentDay-to-day manager · since 01-01-2025
6 other directors
Ange-Raïssa Uzanziga
CurrentDirector · since 29-03-2022
Christiane Malcorps
CurrentDirector · since 29-03-2022
Fritz Schiltz
CurrentDirector · since 29-03-2022
Sabine Verheyden
CurrentDirector · since 29-03-2022
Yves Slachmuylders
CurrentDirector · since 12-10-2015
ISABELLE SCHUILLING
Not recently confirmedDirector · since 29-01-2014
11-06-2025
Hélène HANNECART: Appointed as Director
11-06-2025
Hélène HANNECART: Appointed as Bestuurster
11-06-2025
Soufiane AMZUR: Appointed as Director
11-06-2025
Soufiane AMZUR: Appointed as Director
11-06-2025
Steve AHOUANMENOU: Appointed as Director
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2013
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.
Kantersteen 121000 BrusselGround area
4,348 m²
Building footprint
4,347 m²
Volume, LiDAR
76,992 m³
Parcel 21804D1049/00D002, Brussels · tallest building 26.2 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
Teach for Belgium
since 20132.220.266.850
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21804D1049/00D002 | Brussels | 4,348 m² | 1 · 4,347 m² | 26.2 m · 7 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Articles of association
Purpose
De vereniging heeft tot doel, met uitsluiting van elk winstoogmerk en los van elke filosofische, religieuze of politieke overtuiging, projecten te verwezenlijken ter ondersteuning…
Full purpose
De vereniging heeft tot doel, met uitsluiting van elk winstoogmerk en los van elke filosofische, religieuze of politieke overtuiging, projecten te verwezenlijken ter ondersteuning van het onderwijs en in het bijzonder, zonder daartoe beperkt te zijn, bij te dragen aan het zoeken, selecteren, rekruteren en opleiden van toekomstige leerkrachten.
Structure & network
Connections & network
24 connected companiesLinked via shared directors
via Christiane Malcorps · Director
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via Christiane Malcorps · Director
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via Christiane Malcorps · Director
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via Christiane Malcorps · Independent director
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Show 20 more companies with a shared director
via Yves Slachmuylders · Director
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via Christiane Malcorps · Director
former→
via Christiane Malcorps · Director
former→
via Christiane Malcorps · Director
former→
via Christiane Malcorps · Director
former→
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Capital and shareholders
Shareholders according to the acts
At incorporation
act of 05-04-2013 ↗
- Etienne DENOEL founder
- Pierre PIRARD founder
- Laurent LEDOUX founder
- Philippe MAUCHARD founder
The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 150,000 EUR awarded · 150,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 150,000 EUR | 150,000 EUR |
Schemes
Projectsubsidies in het kader van armoedebestrijding
Wallonia-Brussels Federation
2023 to 2025 · 7 entries · 209,672 EUR in total| Year | Entries | paid |
|---|---|---|
| 2025 | 3 | 117,672 EUR |
| 2024 | 2 | 62,000 EUR |
| 2023 | 2 | 30,000 EUR |
Budget allocations
Dépenses de toute nature pour le financement de projets divers en liaison avec la politique de l'enseignement
Soutien aux projets transversaux et locaux de promotion des droits culturels et de l'interculturalité - Subventions pluriannuelles
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Of 3,017 companies in sector 85592 we hold annual accounts for 987. 371 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formNon-profit association
Founded26-03-2013
Fiscal year end31-12
Activities, NACEBEL 2025
85592Vocational training
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:+3227810018