Vereniging voor het Museum van Hedendaagse Kunst te Gent
ActiveVereniging voor het Museum van Hedendaagse Kunst te Gent has been active since 1957 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.78M and a net result of €-24k. Its solvency ranks better than 94% of 94 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2024
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes
Profitability17
Solvency100
Growth-
Track record85
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €120k at 30 days acceptable
Liquidity ample (current ratio 2.15; short-term debt: 3% and cash: 3.9% of total assets), and 3% of the assets are financed with debt.
Credit advice 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 91
Relative position
BE, all sectors
reference
Sector 91
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 2024Solvency, return and age of the figures
Solvency
97%
Return on assets
-1.3%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-09-2025, 34 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
34 d late
2007
58 d early
2006
89 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€1.78M
Total assets
€1.84M
Net result
€-24k
Working capital
€64k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €1.84M
Fixed assets
€1.72M
Current assets
€120k
Equity and liabilities €1.84M
Equity
€1.78M
Debt
€56k
Debt finances 3.0% of the balance-sheet total.
Key figures and ratios
EBITDA
€-23k
Cash flow
€-23k
Solvency
97.0%
Current ratio
2.15
Quick ratio
2.12
Debt / equity
0.03
ROE
-1.3%
ROA
-1.3%
Interest coverage
-116.14
Debt
€56k
Debt ≤ 1 year
€56k
Staff costs
€119k
Filed annual accounts
As filed with the NBB · 2024
Balance sheet
Code2024
Assets
Total assets20/58€1.84M
Fixed assets21/28€1.72M
Tangible fixed assets22/27€1.72M
Other tangible fixed assets26€1.72M
Current assets29/58€120k
Stocks and contracts in progress3€2k
Stocks30/36€2k
Amounts receivable within one year40/41€45k
Trade receivables40€3k
Other amounts receivable41€42k
Cash at bank and in hand54/58€72k
Deferred charges and accrued income490/1€1k
Equity and liabilities
Total equity and liabilities10/49€1.84M
Equity10/15€1.78M
Contributions10/11€1.16M
Capital10€1.16M
Profit (loss) carried forward14€626k
Amounts payable17/49€56k
Amounts payable within one year42/48€56k
Trade debts44€1k
Suppliers440/4€1k
Taxes, remuneration and social security45€15k
Remuneration and social security454/9€15k
Income statement
Code2024
Non-recurring operating income76A€558
Remuneration, social security and pensions62€119k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€607
Other operating charges640/8€714
Gross operating margin9900€97k
Operating profit (loss)9901€-24k
Financial income75/76B€258
Recurring financial income75€258
Financial charges65/66B€199
Recurring financial charges65€199
Profit (loss) for the period before taxes9903€-24k
Profit (loss) for the period9904€-24k
Profit (loss) for the period to be appropriated9905€-24k
Appropriation of the result
Profit (loss) to be appropriated9906€626k
Profit (loss) brought forward from the previous period14P€649k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
05-08
State Gazette act
Statutes amendment · Resignations & appointmentsGeneral meeting · Statutes amendment · Corporate purpose25 facts ▸
State Gazette act
Statutes amendment · Resignations & appointments
General meeting · Statutes amendment · Corporate purpose25 facts ▸
- General meeting, 13/06/2026
- Statutes amendment
- Corporate purpose, Het ondersteunen en het verdedigen van de belangen van het Stedelijk Museum van Actuele Kunst (SMAK) te Gent en het opzetten van initiatieven om de bevolking da…
- Director appointment, Lien Lannoo (Bestuurder)
- Director reappointment, Adrien De Vos (Bestuurder)
- Director reappointment, Patricia Duyck (Bestuurder)
- Director reappointment, Didier Eechaudt (Bestuurder)
- Director reappointment, Guy Elewaut (Bestuurder)
- Director reappointment, Dimitri Hemelsoet (Bestuurder)
- Director reappointment, Philippe Kempeneers (Bestuurder)
- Director reappointment, Hans Martens (Bestuurder)
- Director reappointment, Bruno Matthys (Bestuurder)
- +13 further facts in this act
2025
03-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 34 days late
2008
03-06
NBB filing
Annual accounts filed
fiscal year 2007 · abbreviated schema
2007
03-05
NBB filing
Annual accounts filed
fiscal year 2006 · abbreviated schema
State Gazette actNBB filing
Directors · office · real estate
Directors
under verification, no change since 2026
This board is reconstructed from a single act (26100493). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Adrien De Vos
CurrentDirector · since 13-06-2026
Bruno Matthys
CurrentVoorzitter van het dagelijks bestuur · since 13-06-2026
Didier Eechaudt
CurrentDirector · since 13-06-2026
Dimitri Hemelsoet
CurrentDirector · since 13-06-2026
Guy Elewaut
CurrentDirector · since 13-06-2026
Hans Martens
CurrentDirector · since 13-06-2026
+ 6 not shown in this overview
05-08-2026
Ann Pieters: Resigned as Voorzitter van het dagelijks bestuur
13-06-2026
Adrien De Vos: Mandate renewed as Director
13-06-2026
Bruno Matthys: Appointed as Voorzitter van het dagelijks bestuur
13-06-2026
Bruno Matthys: Appointed as Chair
13-06-2026
Bruno Matthys: Mandate renewed as Dagelijks bestuurder
13-06-2026
Bruno Matthys: Mandate renewed as Director
13-06-2026
Didier Eechaudt: Mandate renewed as Director
13-06-2026
Didier Eechaudt: Mandate renewed as Dagelijks bestuurder
13-06-2026
Dimitri Hemelsoet: Mandate renewed as Director
13-06-2026
Dimitri Hemelsoet: Mandate renewed as Dagelijks bestuurder
13-06-2026
Guy Elewaut: Mandate renewed as Director
13-06-2026
Hans Martens: Mandate renewed as Director
13-06-2026
Ilse Roosens: Mandate renewed as Director
13-06-2026
Ilse Roosens: Mandate renewed as Dagelijks bestuurder
13-06-2026
Ilse Roosens: Appointed as Vice-chair
13-06-2026
Jan Vermassen: Mandate renewed as Director
13-06-2026
Lien Lannoo: Appointed as Director
13-06-2026
Patricia Duyck: Mandate renewed as Director
13-06-2026
Philippe Kempeneers: Mandate renewed as Director
13-06-2026
Philippe Van Cauteren: Mandate renewed as Director
13-06-2026
Ann Pieters: Mandate renewed as Dagelijks bestuurder
13-06-2026
Ann Pieters: Mandate renewed as Director
Location & real-estate footprint
Registered office, Gent · 1 establishment unit 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.
Jan Hoetplein 19000 GentGround area
3.2 ha
Building footprint
2.4 ha
Volume, LiDAR
351,237 m³
Parcel 44808H0001/00X037, Flanders · tallest building 21.1 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Vereniging voor het Museum van Hedendaagse Kunst te Gent
since 20062.156.673.749
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44808H0001/00X037 | Flanders | 3.2 ha | 1 · 2.4 ha | 21.1 m · 5 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).
Structure & network
Connections & network
14 connected companiesLinked via shared directors
viaBruno Matthys · Director
→
viaJan Vermassen · Lid van het bestuursorgaan en de algemene vergadering
→
viaBruno Matthys · Lid van de raad van bestuur
→
viaAdrien De Vos · Lid van de raad van bestuur
→
Show 10 more companies with a shared director
viaBruno Matthys · Lid van de raad van bestuur
→
viaJan Vermassen · Director
former→
viaHans Martens · Director
former→
viaBruno Matthys · Director
former→
viaBruno Matthys · Bestuurder en lid van het corporate governance comité
former→
viaJan Vermassen · Director
former→
viaJan Vermassen · Director
former→
viaJan Vermassen · Director
former→
viaHans Martens · Director
former→
viaBruno Matthys · Director
former→
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Of 275 companies in sector 91220 we hold annual accounts for 107. 69 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formNon-profit association
Founded01-01-1957
Fiscal year end31-12
Abbreviation NL
Vrienden van het SMAK
Activities, NACEBEL
91020Libraries, archives, museums and other cultural activities
91030Libraries, archives, museums and other cultural activities
91210Libraries, archives, museums and other cultural activities
91220Libraries, archives, museums and other cultural activities
92520
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.