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Stuk Kunstencentrum

Active
Non-profit associationfounded 197254 years activeNaamsestraat 96, 3000 Leuven, BelgiumKBO/BCE: BE 0411.973.450
Summary

Stuk Kunstencentrum has been active since 1972 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.7m and a net result of €114,532. Equity is growing by ~29.5% per year across the filed fiscal years. Its solvency ranks better than 79% of 922 sector peers (NACE 56, fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Cafés and bars
NACE 56301Promotion and organisation of arts and performing arts events NACE 90391
#4 company by equity in Leuven, Accommodation and food service sector1 site
Size
€1.8mturnover 2025
Staff
32.5 FTE
Equity
€3.7m
Profit
€114,532
Financial health
96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Board
16 members
Accounts filed 42 days late
Why 96- Liquidity: current ratio 0.86, cash €13,298- Latest accounts 42 days late; 1 of the last 3 late+ Legal form Non-profit association+ Founded in 1972Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 65% of its sector peers (NACE 56, small)
Financial strength · tick = 2024
Strong
Solvency 88+3
equity 63.0% of total assets
Liquidity 45+2
short-term debt 18.4% · cash 0.2%
Profitability 81=
return on assets 2.0%
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 0.9% (1,624 companies)
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 01-2026lowest value 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 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%▲ +0.1 percentage points vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026highest value 10-2026: 0.1%● unchanged vs 09-2026
Credit up to €170,000 at 30 days acceptable
Liquidity short (current ratio 0.86 against 0.77 in 2024; short-term debt: 18.4% and cash: 0.2% of total assets), and 37% of the assets are financed with debt.
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 56, small): better than 86% on solvency, 42% on liquidity, 71% on profitability and 62% on growth.

The bankruptcy probability was computed on 07-10-2026 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

Five signals.
−lowers risk+raises risk○neutral
lowers risk · Legal form Non-profit association
KBO
raises risk · Liquidity: current ratio 0.86, cash €13,298
NBB · annual accounts
lowers risk · Founded in 1972
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Latest accounts 42 days late; 1 of the last 3 late
NBB · filings
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-09-2026, 42 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
42 days late
2024
43 days early
2023
34 days early
2022
84 days early
2021
51 days early
2020
92 days early
2019
100 days early
← 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 52 days before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 18 June (4 of the last 5 filed years within 41 days of that day).
Companies Code · seven months
Position in the running window
08-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Reappointments: Saïd El Khadraoui, Stefaan Saeys…Resignation: Bart Raymaekers (director) ·…
  2. Annual accounts filedfiscal year 2025 · full…
  3. Resignations: Beatris Birca (director) and Ine…Appointments: Aluïsa Denutte (director) and…

Key points

  • Positive: Among the best 5% on equitysector median €112,860 · 925 companies €3.7m View
  • Board changedlatest change 26-05-2026 · 16 in office 3 joined · 3 left View
  • Flemish supportawarded 2022 - 2025 €10.7m View
  • Positive: 3 years of growth in a rowturnover 2025: €1.8m 3 years View
  • Active since 1972founded 01-01-1972 54 years View

By topic

Financials

Fiscal year
2025
Turnover
€1.8m
Profit
€114,532
Solvency
63.0%
Turnover▲ 7.3%
Net result
20182025
Go to Financials

Board & ownership

Board
16 members
  • Saïd El KhadraoulChair
  • Stefaan SaeysDirector
  • Lutgarde VercruysseDirector
  • Sammy Ben YakoubDirector
  • Piet ForgerDirector

and 11 other directors

Go to Board & ownership

Timeline

Events
42
Since
2007
Next accounts
by 31-07-2027
  1. 27-10-2025Appointment: Barbara T'Jonck (director)
  2. 18-06-2025Annual accounts filed
  3. 24-02-2025Resignations: Shila Anaraki, Peter Anthonissen and 2…
Go to Timeline

Company details

Sites
1
Legal form
Non-profit association
Activity
Cafés and barsNACE 56301
Founded
01-01-1972
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
1
Purpose
De vereniging heeft als belangeloze doelstelling om alle activiteiten mogelijk te maken en…
Go to Articles of association

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