Non-profit association · founded 1994 · active for 32 yearsBrusselsestraat 63, 3000 Leuven, BelgiumKBO/BCE: BE 0455.166.956
Summary
Festival van Vlaanderen Vlaams Brabant has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals. The 2013 annual accounts show equity of €74,416 and a net result of €6,784. The figures fluctuate too strongly year-on-year for a reliable trend projection. The computed 12-month bankruptcy probability is below 0.1% (very low).
Specialised image, lighting and sound technical services
NACE 90393
1 site
Size
€136,170total assets 2013
Staff
2.2 FTE
Equity
€74,416
Surplus
€6,784
Turnover not published (abbreviated format)
Financial health
Bankruptcy probabilitywithin 12 months
< 0.1%
2013 figures too old to score
Structure
Board
6 members
Accounts 4089 days overdue2 of 10 deeds read
Signalsraises riskFigures for financial year 2013 (filed 30-04-2014)lowers riskLegal form: non-profit associationLiquidity: current ratio 2.14, cash €46,281Sector: Arts creation and performing arts activities (NACE 90)neutralNo filing for yearsLatest accounts filed on timeShow the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2013 are too old to assess current financial health.
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Financial strength, FY 2013 · tick = 2012
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Strong
Solvency80+15
equity 54.6% of total assets
Liquidity71+1
short-term debt 44.9% · cash 34.0%
Profitability50+50
return on assets 5.0%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
< 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% (3,410 companies, NACE 90, micro)
Last 24 months11-2024: < 0.1%highest value12-2024: < 0.1%● unchanged vs 11-2024highest value01-2025: < 0.1%● unchanged vs 12-2024highest value02-2025: < 0.1%● unchanged vs 01-2025highest value03-2025: < 0.1%● unchanged vs 02-2025highest value04-2025: < 0.1%● unchanged vs 03-2025highest value05-2025: < 0.1%● unchanged vs 04-2025highest value06-2025: < 0.1%● unchanged vs 05-2025highest value07-2025: < 0.1%● unchanged vs 06-2025lowest value08-2025: < 0.1%● unchanged vs 07-2025lowest value09-2025: < 0.1%● unchanged vs 08-2025lowest value10-2025: < 0.1%● unchanged vs 09-2025lowest value11-2025: < 0.1%● unchanged vs 10-2025lowest value12-2025: < 0.1%● unchanged vs 11-2025lowest value01-2026: < 0.1%● unchanged vs 12-2025lowest value02-2026: < 0.1%● unchanged vs 01-2026lowest value03-2026: < 0.1%● unchanged vs 02-2026lowest value04-2026: < 0.1%● unchanged vs 03-2026lowest value05-2026: < 0.1%● unchanged vs 04-2026lowest value06-2026: < 0.1%● unchanged vs 05-2026lowest value07-2026: < 0.1%● unchanged vs 06-2026lowest value08-2026: < 0.1%● unchanged vs 07-2026lowest value09-2026: < 0.1%● unchanged vs 08-2026lowest value10-2026: < 0.1%● unchanged vs 09-2026lowest value