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UNIVERSITAIRE ASSOCIATIE BRUSSEL

Active
Non-profit associationfounded 2004active for 22 yearsZespenningenstraat 70, 1000 Brussel, BelgiumKBO/BCE: BE 0863.627.523
Summary

UNIVERSITAIRE ASSOCIATIE BRUSSEL has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €634,477 and a net result of -€8,045. Equity remains stable across the filed financial years (±1.3% per year). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
“De vereniging heeft tot belangeloos doel, op basis van gelijk respect voor de eigenheid…” (deed in Dutch)
From the articlesNo NACE code in the KBO yet
Size
€3.7mtotal assets 2024
Equity
€634,477
Deficit
-€8,045
Turnover not published (abbreviated format)
Financial health
55 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Board
14 members
Accounts 73 days overdue
Why 55raises riskCapped at 59: a confirmed filing findingFigures for financial year 2024 (filed 31-12-2025)Latest accounts 153 days late; 3 of the last 3 latelowers riskLegal form: non-profit associationSize: total assets €3.7mShow the evidence

Checked score

Score 2024
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 37% of its sector peers (no NACE code, small)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Weak
Solvency 42-1
equity 17.1% of total assets
Liquidity 57+2
short-term debt 79.5% · cash 55.7%
Profitability 18+13
return on assets -0.2%
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).

Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 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%▲ +0.1 percentage points 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: 0.2%▲ +0.1 percentage points vs 11-2025highest value 01-2026: < 0.1%▼ -0.2 percentage points 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 03-2026lowest value 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 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%▲ +0.1 percentage points vs 09-2026
Credit of up to €30,000 on 30-day terms, only on tighter conditions
Liquidity tight (current ratio 1.26, compared with 1.22 in 2023; short-term debt: 79.5% and cash: 55.7% of total assets), and 82.9% 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 (no NACE code, small): better than 26% on solvency, 77% on liquidity, 10% on profitability and 34% on growth.

The bankruptcy probability was computed on 11-10-2026 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

Seven signals.
lowers riskraises risk
lowers risk · Legal form: non-profit association
KBO
lowers risk · Size: total assets €3.7m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Figures for financial year 2024 (filed 31-12-2025)
NBB · annual accounts
raises risk · Latest accounts 153 days late; 3 of the last 3 late
NBB · filings
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year -€8,045
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, 73 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline12-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-12-2025, 153 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
153 days late
2023
68 days late
2022
81 days late
2021
446 days late
2020
30 days early
2019
4 days early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 119 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Appointments: Munya Kalambay Ngalula (director) and…Resignations: Marthe Van Theemsche (director)…
  2. Annual accounts filedfinancial year 2024 · abbreviated…
  3. Appointments: Jan Danckaert, Dennis Cluydts and…Resignations: Anouk Van Aken (director)…

Key points

  • Positive: Result rose in 2024from -€386,083 to -€8,045 ▲ 97.9% View
  • Caution: Accounts not fileddeadline was 31-07-2026 73 days late View
  • Board changedlatest change 17-03-2026 · 14 in office 2 joined · 2 left View
  • Caution: 2 loss-making years in a rowloss financial year 2024 -€8,045 View

By topic

Financials

Financial year
2024
Total assets
€3.7m
Loss
-€8,045
Solvency
17.1%
Go to Financials

Board & ownership

Board
14 members
  • Helga CoppenChair
  • Nic Van CraenDirector
  • Bernd WethmarDirector
  • Nele ClaesDirector
  • Ann LangenakensDirector

and 9 other directors

Go to Board & ownership

Timeline

Events
38
Since
2009
  1. 07-10-2024Annual accounts filed
  2. 09-08-2024Appointments: Els Consuegra (director) and Anouk Van…
  3. 31-12-2023Weakest financial year
Go to Timeline

Company details

Legal form
Non-profit association
Founded
24-02-2004
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

Articles of association

Provisions read
2
Purpose
“De vereniging heeft tot belangeloos doel, op basis van gelijk respect voor de eigenheid…” (deed in Dutch)
Go to Articles of association

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