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publiq

Active
Non-profit associationfounded 2001active for 25 yearsHenegouwenkaai 41-43, 1080 Sint-Jans-Molenbeek, BelgiumKBO/BCE: BE 0475.250.609
Summary

publiq has been active since 2001 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.3m and a net result of €150,686. Equity is shrinking by about 2.9% per year across the filed financial years. Its solvency ranks better than 36% of 298 sector peers (NACE 90, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Arts creation and performing arts activities
NACE 90312Other membership organisations NACE 94999
3rd largest company by equity in Sint-Jans-Molenbeek, Arts, sports and recreation sector2 sites
Size
€4.2mtotal assets 2025
Staff
81.2 FTE
Equity
€1.3m
Surplus
€150,686
Financial health
95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Board
12 members
2025 accounts 98 days early
Why 95lowers riskLegal form: non-profit associationLiquidity: current ratio 1.96, cash €862,453Sector: Arts creation and performing arts activities (NACE 90)Figures for financial year 2025 (filed 24-04-2026)Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 61% of its sector peers (NACE 90, medium-sized)
Financial strength · tick = 2024
Strong
Solvency 57+8
equity 32.0% of total assets
Liquidity 55+9
short-term debt 42.8% · cash 20.6%
Profitability 73+7
return on assets 3.6%
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% (31 companies, NACE 90, medium-sized)
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%● 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 03-2026highest 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 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value
Credit of up to €120,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.96, compared with 1.21 in 2024, above the usual 1.5; short-term debt: 42.8% and cash: 20.6% of total assets), but 68% 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, medium-sized): better than 37% on solvency, 50% on liquidity, 63% on profitability and 94% on growth.

The bankruptcy probability was computed on 25-10-2026 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 riskneutral
lowers risk · Legal form: non-profit association
KBO
lowers risk · Liquidity: current ratio 1.96, cash €862,453
NBB · annual accounts
lowers risk · Sector: Arts creation and performing arts activities (NACE 90)
KBO
lowers risk · Figures for financial year 2025 (filed 24-04-2026)
NBB · annual accounts
lowers risk · 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 €1.3m
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-04-2026, 98 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
98 days early
2024
118 days early
2023
100 days early
2022
133 days late
2021
365 days late
2020
136 days late
2019
150 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 67 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.

Searched, nothing found (2)
neutral · 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 April (4 of the last 5 filed years within 231 days of that day).
Companies Code · seven months
Where today falls in the filing period
26-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Appointments: Abdelkarim Bellafkih, Kurt Tuypens and…Gazette deed
  2. Reappointments: Hufkens Isabeau (director) and Vanhoutte…Resignations: Bektas Yesim (director) and…
  3. Annual accounts filedfinancial year 2025 · full…

Key points

  • Positive: Back in profit in 2025after -€84,834 in 2024 €150,686 View
  • Positive: 3rd largest company by equity in Sint-Jans-Molenbeek, Arts, sports and recreation sectorin the Checked rankings No. 3 View
  • Board changedlatest change 07-09-2026 · 12 in office 3 joined · 2 left View
  • Flemish supportawarded from 2022 to 2025 €22.9m View

By topic

Financials

Financial year
2025
Total assets
€4.2m
Profit
€150,686
Solvency
32.0%
Total assets▲ 24.2%
Net result
20182025
Go to Financials

Board & ownership

Board
12 members
  • Hufkens IsabeauDirector
  • VAN DOORSSELAER ManuDirector
  • Vanhoutte ChristopheDirector
  • Slos SteverıDirector
  • Bart DE WAELEDirector

and 7 other directors

Go to Board & ownership

Timeline

Events
44
Since
2007
Next accounts
by 31-07-2027
  1. 24-04-2026Annual accounts filed
  2. 31-12-2025Back to profit
  3. 31-12-2025Equity above €1m
Go to Timeline

Company details

Sites
2
Legal form
Non-profit association
Activity
Arts creation and performing arts activitiesNACE 90312
Founded
01-06-2001
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
2
Purpose
“De vzw stelt zich tot belangeloos doel: de verbreding en verdieping van de participatie…” (deed in Dutch)
Go to Articles of association

Key facts about publiq

What is the company number of publiq?
0475.250.609. In Belgium the VAT number is the company number with BE in front: BE 0475.250.609.
Where is publiq based?
The registered office is at Henegouwenkaai 41-43, 1080 Sint-Jans-Molenbeek.Company details
What does publiq do?
According to the KBO register, the main activity is arts creation and performing arts activities (NACE 90312).
What is the legal form of publiq?
Non-profit association (VZW).
When was publiq founded?
On 01-06-2001.
Is publiq still active?
Yes, publiq is an active enterprise in the KBO register.
How many employees does publiq have?
On average 81.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of publiq?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is publiq profitable?
In financial year 2025, publiq made a profit of €150,686.
Where can I find the annual accounts of publiq?
publiq filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of publiq due?
By 31-07-2027, for financial year 2026.Timeline

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