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WIELS CENTRE D'ARTS CONTEMPORAINS - CENTRUM VOOR HEDENDAAGSE KUNST

Active
Non-profit associationfounded 200224 yrs activeVan Volxemlaan 354, 1190 Vorst, BelgiumKBO/BCE: BE 0478.422.608
Summary

WIELS CENTRE D'ARTS CONTEMPORAINS - CENTRUM VOOR HEDENDAAGSE KUNST has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€463,319) and a net result of -€290,755. Equity is shrinking by ~33.2% per year across the filed fiscal years. Its solvency ranks better than 5% of 257 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

WIELS CENTRE D'ARTS CONTEMPORAINS - CENTRUM VOOR HEDENDAAGSE KUNSTActiveChecked score 44/100

Overview

What they do
Specialised image, lighting and sound technical services
NACE 90393NACE 90023NACE 91330
#6 company by total assets in Vorst, Arts, sports and recreation sector1 site
How big
€2.0mtotal assets 2025
Staff
21.8 FTE
Equity
-€463,319
Loss
-€290,755
Financially healthy?
44 Weak Checked score 2025
Bankruptcy chance 12 m
< 0.1%
Who decides
Board
8 members
Auditor: Julien François/BSTAccounts 60 d early
Why 44- Higher-failure-rate region- Annual accounts: weaker financial profile- Negative equity+ Lower-risk legal form+ Lower-failure-rate sector+ Long track recordLatest accounts filed on timeShow the evidence

Checked score

Score 2025
44 / 100
Weak
Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability51▼-13
Solvency2▼-27
Growth32=
Track record100
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.07 against 1.15 in 2024; short-term debt: 63% and cash: 18% of total assets), and equity is negative.
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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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
Arts creation and performing arts activities (NACE 90)
about 58% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 24 years 0 30 y
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 2025
Solvency, return and age of the figures
Solvency
-22.8%
Return on assets
-14.3%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€463,319
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 01-06-2026, 60 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
60 d early
2024
34 d early
2023
27 d early
2022
13 d early
2021
26 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 32 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 38% 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 5 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · full…
  2. Annual accounts filedfiscal year 2025 · abbreviated…
  3. Weakest financial yearnet -€290,755

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€463,319 View
  • Caution: Result fell in 2025from -€77,244 to -€290,755 ▼ 276% View
  • Caution: Among the weakest 5% on solvencysector median 46.9% · 257 companies -22.8% View
  • Caution: 2 loss-making years in a rowloss fiscal year 2025 -€290,755 View
  • Flemish supportawarded 2022 - 2025 €5.0m View
  • Positive: Always filed on timeaccounts within the deadline every year 5 years View

By topic

Financials

Fiscal year
2025
Total assets
€2.0m
Loss
-€290,755
Solvency
-22.8%
Total assets▼ 5.1%
Net result
20182025
Go to Financials

Timeline

Events
26
Since
2008
Next accounts
by 31-07-2027
  1. 01-06-2026Annual accounts filed
  2. 01-06-2026Annual accounts filed
  3. 31-12-2025Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Non-profit association
Activity
Specialised image, lighting and sound technical servicesNACE 90393
Founded
08-07-2002
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
1
Purpose
Zij heeft tot doel het uitwerken, zowel naar inhoud als naar vorm, de tenuitvoerlegging…
Go to Articles of association

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