AMUZ (Festival van Vlaanderen-Antwerpen)
ActiveSummary
AMUZ (Festival van Vlaanderen-Antwerpen) has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €355k and a net result of €-5k. Equity is growing by ~5.9% per year across the filed fiscal years. Its solvency ranks better than 61% of 534 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
81
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability54▲+53
Solvency79=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 3.28 against 3.24 in 2024; short-term debt: 29.6% and cash: 32% of total assets), and 45.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 90
Relative position
BE, all sectors
reference
Sector 90
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 · 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
1819202122232425
2018 to 2025 · latest year €-5k
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 19-05-2026, 73 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
73 d early
2024
85 d early
2023
125 d early
2022
109 d early
2021
123 d early
2020
123 d early
2019
21 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€355k▼ 1.3%
2024 · €359k
2018: €180k
2019: €231k
2020: €412k
2021: €436k
2022: €407k
2023: €455k
2024: €359k
2018 → 2025
Total assets
€653k▼ 2.4%
2024 · €669k
2018: €885k
2019: €490k
2020: €674k
2021: €870k
2022: €697k
2023: €728k
2024: €669k
2018 → 2025
Net result
€-5k▲ 95.2%
2024 · €-96k
2018: €-13k
2019: €51k
2020: €181k
2021: €24k
2022: €-29k
2023: €48k
2024: €-96k
2018 → 2025
Working capital
€440k▼ 1.2%
2024 · €445k
2018: €324k
2019: €297k
2020: €471k
2021: €552k
2022: €504k
2023: €521k
2024: €445k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€436k-€407k▼ 6.7%€455k▲ 11.8%€359k▼ 21.1%€355k▼ 1.3%
Operating result€29k-€-16k€38k€-95k€-4k▲ 96.1%
Net result€24k-€-29k€48k€-96k€-5k▲ 95.2%
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 €4k in 2025 against €95k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €653k
Fixed assets
€20k ▼ 19.6%
Current assets
€633k ▼ 1.7%
Equity and liabilities €653k
Equity
€355k ▼ 1.3%
Debt
€298k ▼ 3.7%
Debt's share of the balance-sheet total falls from 46.3% to 45.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€4k▲
2024 · €-84k
Cash flow
€3k▲
2024 · €-86k
Current ratio
3.28▲
2024 · 3.24
Debt to equity
0.84▼
2024 · 0.86
ROE
-1.3%▲
2024 · -26.8%
ROA
-0.7%▲
2024 · -14.4%
Interest coverage
4.37▲
2024 · -77.26
Debt ≤ 1 year
€193k▼
2024 · €199k
Staff costs
€855k▲
2024 · €808k
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 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€669k€653k▼
Fixed assets21/28€25k€20k▼
Tangible fixed assets22/27€23k€18k▼
Plant, machinery and equipment23€23k€18k▼
Financial fixed assets28€2k€2k▲
Current assets29/58€644k€633k▼
Amounts receivable within one year40/41€175k€243k▲
Trade receivables40€23k€32k▲
Other amounts receivable41€152k€211k▲
Current investments50/53€164k€168k▲
Cash at bank and in hand54/58€290k€209k▼
Deferred charges and accrued income490/1€16k€12k▼
Equity and liabilities
Total equity and liabilities10/49€669k€653k▼
Equity10/15€359k€355k▼
Contributions10/11€7k€7k=
Capital10€7k€7k=
Reserves13€282k€273k▼
Profit (loss) carried forward14€70k€74k▲
Amounts payable17/49€310k€298k▼
Amounts payable within one year42/48€199k€193k▼
Trade debts44€98k€75k▼
Suppliers440/4€98k€75k▼
Advances received on contracts in progress46-€12k
Taxes, remuneration and social security45€101k€106k▲
Taxes450/3€13k€10k▼
Remuneration and social security454/9€88k€96k▲
Accrued charges and deferred income492/3€111k€105k▼
Income statement
Code20242025
Non-recurring operating income76A-€4
Remuneration, social security and pensions62€808k€855k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€8k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€3k
Other operating charges640/8€15k€13k▼
Non-recurring operating charges66A€15€289▲
Gross operating margin9900€739k€876k▲
Operating profit (loss)9901€-95k€-4k▲
Financial income75/76B€24€43▲
Recurring financial income75€24€43▲
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€-96k€-5k▲
Profit (loss) for the period9904€-96k€-5k▲
Profit (loss) for the period to be appropriated9905€-96k€-5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-41k€66k▲
Profit (loss) brought forward from the previous period14P€55k€70k▲
From contributions791€138k€10k▼
To contributions691€26k€1k▼
Social balance
Average headcount (FTE)908711.212.3▲
The notes to these accounts (11 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
01-09
State Gazette act
Appointment: Bert Kegels (director)Resignation: Katrijn Vervloet (director)3 facts ▸
State Gazette act
Appointment: Bert Kegels (director)
Resignation: Katrijn Vervloet (director)3 facts ▸
- General meeting, 11-05-2026
- Director appointment, Bert Kegels (director)
- Director resignation, Katrijn Vervloet (director)
19-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
07-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-96k ▼299%
Net result drops to €-96k, the lowest in the series; recovery starts the following year.
28-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €48k
Net result €48k after one loss-making year.
13-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €181k ▲251%
Operating result €183k, net result €181k, both a record.
10-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €51k
Net result €51k after one loss-making year.
Show earlier events
31-12
Financial
Equity above €200kEq €231k ▲28.6%
Equity rises from €180k to €231k.
02-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 2 days late
2018
23-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-03
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
1 director, no change since 2026
Bert Kegels
CurrentDirector · since 11-05-2026
11-05-2026
Bert Kegels: Appointed as Director
11-05-2026
Katrijn Vervloet: Resigned as Director
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2007
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.
Kammenstraat 812000 AntwerpenGround area
1,697 m²
Building footprint
104 m²
Volume, LiDAR
1,262 m³
Parcel 11804D1561/00K000, Flanders · tallest building 17.6 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
AUGUSTINUS
since 20072.159.201.984
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11804D1561/00K000 | Flanders | 1,697 m² | 1 · 104 m² | 17.6 m · 4 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
4 connected companiesLinked via shared directors
via Bert Kegels · Permanent representative
→
via Bert Kegels · Permanent representative
→
via Bert Kegels · Permanent representative
former→
via Bert Kegels · Représentant légal
former→
Public money · subsidies and aid
Flemish government
2022 to 2025 · 8 entries · 2,578,718 EUR awarded · 2,441,550 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 3 | 706,214 EUR | 644,805 EUR |
| 2024 | 1 | 633,972 EUR | 629,756 EUR |
| 2023 | 3 | 637,275 EUR | 624,107 EUR |
| 2022 | 1 | 601,257 EUR | 542,882 EUR |
Schemes
Professionele kunsten: Werkingssubsidie voor een kunstenorganisatie voor een periode van 5 jaar (Kunstendecreet 2021)
Professionele kunsten: Werkingssubsidie voor een professionele kunstenorganisatie (Kunstendecreet 2013)
Erfgoedpremie voor beschermde monumenten en landschappen - standaardprocedure
Onderzoekspremie voor beschermde monumenten en landschappen
Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpen2.159.201.984
Similar companies · same sector, comparable size
WNM
BE 0476.573.965
Seraing · Eq €355k
ARTIKEL 27
BE 0469.754.271
Brussel · Eq €354k
TIMING
BE 0452.178.564
Lochristi · Eq €356k
BROADCAST RECORDING
BE 0434.603.649
Keerbergen · Eq €352k
P-PRODUCTIONS RENTAL & EVENTS
BE 0553.752.907
Nijlen · Eq €358k
Of 3,396 companies in sector 90393 we hold annual accounts for 940. 652 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formNon-profit association
Founded27-06-2001
Fiscal year end31-12
Abbreviation NL
AMUZ
Activities, NACEBEL 2025
90393Specialised image, lighting and sound technical services
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.