CARTOUCHE

Active

Private limited companyfounded 1993active for 33 yearsMolenberg 23, 1790 Affligem, BelgiumKBO/BCE: BE 0450.972.893

Summary

CARTOUCHE has been active since 1993 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 2 administrative register entries (see administrative flags). The 2025 annual accounts show equity of €625,181 and a net result of €56,283. Equity remains stable across the filed financial years (±1% per year). Its solvency ranks better than 93% of 2,466 sector peers (NACE 90, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow Report Compare

CARTOUCHEActiveChecked score 96/100

Risk analysis Report Compare

Activity

Performing arts by independent artists

NACE 90201

1 site

Size

€667,550total assets 2025

Equity: €625,181
Profit: €56,283

Turnover not published (micro format)

Financial health

96 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.1%

Structure

DE DONDER JulieDirector
De Donder WalterDirector

2025 accounts filed 31 days late2 of 3 deeds summarised

Why 96raises riskLast filed accounts filed 31 days late; 3 of the last 3 latelowers riskLiquidity: current ratio 11.72, cash €173,906Equity €625,181 (93.7% of total assets)Sector: Arts creation and performing arts activities (NACE 90)Show the evidence

Checked score

Score 2025

96 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 70% of its sector peers (NACE 90, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 100=

equity 93.7% of total assets

Liquidity 83+30

short-term debt 6.3% · cash 26.1%

Profitability 79+4

return on assets 8.4%

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% (3,428 companies, NACE 90, micro)

Last 24 months 11-2024: 3.3%highest value 12-2024: 3.3%● unchanged vs 11-2024highest value 01-2025: 3.3%● unchanged vs 12-2024highest value 02-2025: 3.3%● unchanged vs 01-2025highest value 03-2025: 3.3%● unchanged vs 02-2025highest value 04-2025: 3.3%● unchanged vs 03-2025highest value 05-2025: 3.3%● unchanged vs 04-2025highest value 06-2025: 3.3%● unchanged vs 05-2025highest value 07-2025: 3.3%● unchanged vs 06-2025highest value 08-2025: 3.1%▼ -0.2 percentage points vs 07-2025 09-2025: 3.1%● unchanged vs 08-2025 10-2025: 3.1%● unchanged vs 09-2025 11-2025: 3.1%● unchanged vs 10-2025 12-2025: 3.1%● unchanged vs 11-2025 01-2026: 3.1%● unchanged vs 12-2025 02-2026: 3.1%● unchanged vs 01-2026 03-2026: 3.0%▼ -0.1 percentage points vs 02-2026 04-2026: 3.0%● unchanged vs 03-2026 05-2026: 3.0%● unchanged vs 04-2026 06-2026: 3.0%● unchanged vs 05-2026 07-2026: 3.0%● unchanged vs 06-2026 08-2026: 3.0%● unchanged vs 07-2026 09-2026: 0.1%▼ -2.9 percentage points vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value

Credit of up to €60,000 on 30-day terms is acceptable

Liquidity ample (current ratio 11.72, compared with 12.74 in 2024, above the usual 1.5; short-term debt: 6.3% and cash: 26.1% of total assets), and 6.3% 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 90, micro): better than 88% on solvency, 71% on liquidity, 61% on profitability and 60% on growth.

The bankruptcy probability was computed on 27-10-2026 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).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Seven signals.

lowers riskraises risk

Last filed accounts filed 31 days late; 3 of the last 3 late

NBB · filings

Liquidity: current ratio 11.72, cash €173,906

NBB · annual accounts

Equity €625,181 (93.7% of total assets)

NBB · annual accounts

Sector: Arts creation and performing arts activities (NACE 90)

KBO

Growing equity

Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.

NBB · annual accounts 2025

Equity per financial year

1819202122232425

2018 to 2025 · latest year €625,181

2025 accounts filed 31 days late

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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

31 days late

2024

390 days late

2023

755 days late

2022

1121 days late

2021

61 days late

2020

92 days late

2019

60 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 359 days after the deadline; the sector median (NACE 90) for financial year 2024 is 4 days before the deadline, and 38% of those companies filed late.

Administrative warnings in the KBO publications

2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.

KBO publications

Publications

Late accounts filingStrikeout withdrawn

Searched, nothing found (1)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 24 August (4 of the last 5 filed years within 366 days of that day).

Companies Code · seven months

Where today falls in the filing period

28-10-2026 today31-12-2026 year end31-07-2027 deadline

22-10-2026 Resignation: De Donder Walter (director)Reappointment: De Donder Walter (niet…
11-09-2026 Strikeout withdrawnKBO administration
31-08-2026 Annual accounts filedfinancial year 2025 · micro…

Key points

Positive: Among the best 5% on equitysector median €42,908 · 2,468 companies €625,181 View
New directorlatest change 22-10-2026 · 2 in office 1 joined View
Active since 1993founded 24-09-1993 33 years View

By topic

Financials

Financial year: 2025
Total assets: €667,550
Profit: €56,283
Solvency: 93.7%

Total assets▲ 10.2%

Net result

20182025

Go to Financials

Board & ownership

Board: 2 members

DE DONDER JulieDirector
De Donder WalterDirector

Go to Board & ownership

Timeline

Events: 40
Since: 1995
Next accounts: by 31-07-2027

28-08-2026Late accounts filing
25-08-2026Annual accounts filed
25-08-2026Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Performing arts by independent artistsNACE 90201
Founded: 24-09-1993
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 36

Annual meeting: Third Friday of May at 17:00

Go to Articles of association

Key facts about CARTOUCHE

What is the company number of CARTOUCHE?: 0450.972.893. In Belgium the VAT number is the company number with BE in front: BE 0450.972.893.
Where is CARTOUCHE based?: The registered office is at Molenberg 23, 1790 Affligem.Company details
What does CARTOUCHE do?: According to the KBO register, the main activity is performing arts by independent artists (NACE 90201).
What is the legal form of CARTOUCHE?: Private limited company (BV).
When was CARTOUCHE founded?: On 24-09-1993.
Is CARTOUCHE still active?: Yes, CARTOUCHE is an active enterprise in the KBO register.
What is the turnover of CARTOUCHE?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is CARTOUCHE profitable?: In financial year 2025, CARTOUCHE made a profit of €56,283.
Where can I find the annual accounts of CARTOUCHE?: CARTOUCHE filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of CARTOUCHE due?: By 31-07-2027, for financial year 2026.Timeline