ANTWERP SYMPHONY ORCHESTRA
InactiveInactive; last annual accounts for fiscal year 2025. Dissolved without liquidation on 28-02-2026.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
18192022232425
2018 to 2025 · latest year €-1.31M
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 11-03-2026, 142 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
142 d early
2024
99 d early
2023
96 d early
2022
75 d early
2021
93 d early
2020
71 d early
2019
88 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2025, abbreviated schema
Turnover
€6.14M▼ 0.3%
2024 · €6.16M
2018: €3.45M
2019: €3.88M
2020: €1.82M
2022: €3.84M
2023: €4.63M
2024: €6.16M
2018 → 2025
EBIT margin
-19.2%▼ 16.3pp
2024 · -3.0%
2018: 26.5%
2019: -4.8%
2020: 132.5%
2022: 2.7%
2023: -12.2%
2024: -3.0%
2018 → 2025
Net result
€-1.31M▼ 12,802%
2024 · €-10k
2018: €832k
2019: €-213k
2020: €1.77M
2022: €-23k
2023: €-529k
2024: €-10k
2018 → 2025
Working capital
€7.51M▼ 15.7%
2024 · €8.91M
2018: €7.28M
2019: €7.04M
2020: €8.62M
2022: €8.92M
2023: €8.87M
2024: €8.91M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202022202320242025Trend
Turnover€1.82M-€3.84M▲ 112%€4.63M▲ 20.5%€6.16M▲ 33.1%€6.14M▼ 0.3%
Equity€8.75M-€8.62M▼ 1.5%€8.09M▼ 6.1%€8.08M▼ 0.1%€6.77M▼ 16.2%
Operating result€2.41M-€104k▼ 95.7%€-563k€-183k▲ 67.4%€-1.18M▼ 544%
Net result€1.77M-€-23k€-529k▼ 2,193%€-10k▲ 98.1%€-1.31M▼ 12,802%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1.18M in 2025 against €183k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €10.69M
Fixed assets
€868k ▲ 27.3%
Current assets
€9.82M ▼ 11.0%
Equity and liabilities €10.69M
Equity
€6.77M ▼ 16.2%
Debt
€3.92M ▲ 7.7%
Debt's share of the balance-sheet total rises from 31.1% to 36.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-1.03M▼
2024 · €-50k
Cash flow
€-1.16M▼
2024 · €123k
Current ratio
4.24▼
2024 · 5.18
Debt to equity
0.58▲
2024 · 0.45
ROE
-19.3%▼
2024 · -0.1%
ROA
-12.2%▼
2024 · -0.1%
Interest coverage
-3.95▼
2024 · -0.20
Debt ≤ 1 year
€2.31M▲
2024 · €2.13M
Income taxes
€1k▼
2024 · €2k
Staff costs
€9.96M▲
2024 · €9.55M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 60 lines
Balance sheet
Code20242025
Assets
Total assets20/58€11.72M€10.69M▼
Fixed assets21/28€682k€868k▲
Intangible fixed assets21€0€17k▲
Tangible fixed assets22/27€682k€851k▲
Land and buildings22€15k€8k▼
Plant, machinery and equipment23€318k€391k▲
Furniture and vehicles24€221k€241k▲
Other tangible fixed assets26€128k€211k▲
Current assets29/58€11.04M€9.82M▼
Stocks and contracts in progress3€19k-
Stocks30/36€19k-
Goods purchased for resale34€19k-
Amounts receivable within one year40/41€1.01M€1.12M▲
Trade receivables40€277k€280k▲
Other amounts receivable41€731k€840k▲
Current investments50/53€8.40M€7.70M▼
Cash at bank and in hand54/58€1.38M€852k▼
Deferred charges and accrued income490/1€232k€153k▼
Equity and liabilities
Total equity and liabilities10/49€11.72M€10.69M▼
Equity10/15€8.08M€6.77M▼
Reserves13€8.08M€6.77M▼
Amounts payable17/49€3.64M€3.92M▲
Amounts payable within one year42/48€2.13M€2.31M▲
Trade debts44€1.11M€1.21M▲
Suppliers440/4€1.11M€1.21M▲
Taxes, remuneration and social security45€964k€1.08M▲
Taxes450/3€28k€37k▲
Remuneration and social security454/9€936k€1.04M▲
Accrued charges and deferred income492/3€1.51M€1.61M▲
Income statement
Code20242025
Operating income70/76A€16.50M€16.74M▲
Turnover70€6.16M€6.14M▼
Other operating income74€70k€115k▲
Non-recurring operating income76A€25k€25k▼
Operating charges60/66A€16.68M€17.92M▲
Goods for resale, raw materials and consumables60€10k-
Purchases600/8€10k-
Change in stocks: decrease (increase)609€-557-
Services and other goods61€6.96M€7.75M▲
Remuneration, social security and pensions62€9.55M€9.96M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€133k€147k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€12k€19k▲
Other operating charges640/8€13k€45k▲
Non-recurring operating charges66A€608€1k▲
Operating profit (loss)9901€-183k€-1.18M▼
Financial income75/76B€431k€136k▼
Recurring financial income75€431k€136k▼
Income from current assets751€420k€108k▼
Other financial income752/9€12k€28k▲
Financial charges65/66B€257k€262k▲
Recurring financial charges65€257k€262k▲
Other financial charges652/9€257k€262k▲
Profit (loss) for the period before taxes9903€-9k€-1.31M▼
Income taxes67/77€2k€1k▼
Taxes670/3€2k€1k▼
Profit (loss) for the period9904€-10k€-1.31M▼
Profit (loss) for the period to be appropriated9905€-10k€-1.31M▼
Appropriation of the result
Profit (loss) to be appropriated9906€-10k€-1.31M▼
From contributions791€189k€1.39M▲
To contributions691€179k€82k▼
Social balance
Average headcount (FTE)9087112.7115.1▲
The notes to these accounts (60 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-03
State Gazette act
Restructuring · End & cessationResignations: BASTIAENS Caroline, DE GEEST Wouter and 12 others · Merger · Dissolution23 facts ▸
State Gazette act
Restructuring · End & cessation
Resignations: BASTIAENS Caroline, DE GEEST Wouter and 12 others · Merger · Dissolution23 facts ▸
- General meeting, 26/02/2026
- Merger, 01/03/2026
- Dissolution, 28-02-2026
- Accounting effect, 01/01/2026
- Director resignation, BASTIAENS Caroline (director)
- Director resignation, DE GEEST Wouter (director)
- Director resignation, DE MULDER Veroniek (director)
- Director resignation, DIERCKX Filip (director)
- Director resignation, DOUIBI Hamid (director)
- Director resignation, JACOBS Yvette (director)
- Director resignation, LEMMENS Luk (director)
- Director resignation, NUYTINCK Margareta (director)
- +11 further facts in this act
11-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-1.31M
Net result drops to €-1.31M, the lowest in the series.
23-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
26-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
17-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
21-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €1.77M
Net result €1.77M after one loss-making year.
04-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
24-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
28-02-2026
Caroline Bastiaens: Resigned as Director
28-02-2026
DE MULDER Veroniek: Resigned as Director
28-02-2026
DOUIBI Hamid: Resigned as Director
28-02-2026
Filip Dierckx: Resigned as Director
28-02-2026
JACOBS Yvette: Resigned as Director
Location & real-estate footprint
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.
Statutory auditor
| PricewaterhouseCoopers Reviseurs d'Entreprises Statutory auditor | - → 28-02-2026 |
Structure & network
Acquisitions and mergers
1 transactionTaken over by:Opera Baliet Vlaanderen
Public money · subsidies and aid
Flemish government
2022 to 2024 · 2 entries · 8,179 EUR awarded · 8,179 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 6,660 EUR | 6,660 EUR |
| 2022 | 1 | 1,519 EUR | 1,519 EUR |
Schemes
Werkbaarheidscheque (stopgezet)
Vlaams opleidingsverlof (VOV)
Recognitions · licences · registrations
Legal Entity Identifier
5493002B78XONP6DN346