Centre International d'Art et de Culture
ActiveSummary
Centre International d'Art et de Culture has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €689k and a net result of €-122k. Equity is growing by ~10% per year across the filed fiscal years. Its solvency ranks better than 62% of 231 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
72
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability6▲+6
Solvency81▼-6
Growth52=
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 5.17 against 8.63 in 2024; short-term debt: 19% and cash: 84.1% of total assets), and 44.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 €-122k
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-08-2026, 11 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 filingsDeviation from the deadline
2025
11 d late
2024
29 d early
2023
7 d early
2022
24 d early
2021
31 d early
2020
10 d late
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, full schema
Turnover
€0
2022 · €0
2018: €0
2019: €0
2020: €0
2022: €0
2018 → 2023
EBIT margin
Not included in this filing
Net result
€-122k▲ 70.9%
2024 · €-419k
2018: €-87k
2019: €230k
2020: €229k
2021: €223k
2022: €202k
2023: €-62k
2024: €-419k
2018 → 2025
Working capital
€980k▼ 11.7%
2024 · €1.11M
2018: €1.28M
2019: €1.23M
2020: €1.39M
2021: €1.52M
2022: €1.73M
2023: €1.56M
2024: €1.11M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€0€0
Equity€1.09M-€1.29M▲ 18.6%€1.23M▼ 4.8%€811k▼ 34.1%€689k▼ 15.0%
Operating result€238k-€217k▼ 8.9%€-50k€-418k▼ 735%€-114k▲ 72.9%
Net result€223k-€202k▼ 9.2%€-62k€-419k▼ 577%€-122k▲ 70.9%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €114k in 2025 against €418k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.24M
Fixed assets
€24k ▼ 51.1%
Current assets
€1.22M ▼ 3.2%
Equity and liabilities €1.24M
Equity
€689k ▼ 15.0%
Debt
€550k ▲ 11.5%
Debt's share of the balance-sheet total rises from 37.8% to 44.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-89k▲
2024 · €-381k
Cash flow
€-97k▲
2024 · €-381k
Current ratio
5.17▼
2024 · 8.63
Debt to equity
0.80▲
2024 · 0.61
ROE
-17.7%▲
2024 · -51.6%
ROA
-9.8%▲
2024 · -32.1%
Interest coverage
-6.84▲
2024 · -37.69
Debt ≤ 1 year
€235k▲
2024 · €145k
Debt > 1 year
€280k▼
2024 · €348k
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 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.30M€1.24M▼
Fixed assets21/28€49k€24k▼
Tangible fixed assets22/27€49k€24k▼
Plant, machinery and equipment23€49k€24k▼
Furniture and vehicles24€0€0=
Current assets29/58€1.26M€1.22M▼
Amounts receivable within one year40/41€317k€174k▼
Trade receivables40€237k€132k▼
Other amounts receivable41€80k€41k▼
Current investments50/53€0-
Cash at bank and in hand54/58€938k€1.04M▲
Deferred charges and accrued income490/1€543€0▼
Equity and liabilities
Total equity and liabilities10/49€1.30M€1.24M▼
Equity10/15€811k€689k▼
Contributions10/11€50k€50k=
Capital10€50k€50k=
Reserves13€100k€100k=
Profit (loss) carried forward14€661k€539k▼
Amounts payable17/49€493k€550k▲
Amounts payable after more than one year17€348k€280k▼
Financial debts170/4€348k€280k▼
Amounts payable within one year42/48€145k€235k▲
Current portion of amounts payable after more than one year42€67k€68k▲
Trade debts44€14k€157k▲
Suppliers440/4€14k€157k▲
Taxes, remuneration and social security45€65k€11k▼
Taxes450/3€65k€11k▼
Accrued charges and deferred income492/3-€35k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€38k€25k▼
Other operating charges640/8€69k€12k▼
Gross operating margin9900€-312k€-77k▲
Operating profit (loss)9901€-418k€-114k▲
Financial income75/76B€10k€4k▼
Recurring financial income75€10k€4k▼
Financial charges65/66B€10k€13k▲
Recurring financial charges65€10k€13k▲
Profit (loss) for the period before taxes9903€-419k€-122k▲
Profit (loss) for the period9904€-419k€-122k▲
Profit (loss) for the period to be appropriated9905€-419k€-122k▲
Appropriation of the result
Profit (loss) to be appropriated9906€661k€539k▼
Profit (loss) brought forward from the previous period14P€1.08M€661k▼
The notes to these accounts (8 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
11-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 11 days late
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €-419k
Net result drops to €-419k, the lowest in the series; recovery starts the following year.
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Equity above €1MEq €1.09M ▲25.7%
3 profitable years in a row build equity to €1.09M.
10-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 10 days late
2020
10-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Back to profitnet €230k
Net result €230k after one loss-making year.
31-12
Financial
Equity above €500kEq €637k ▲56.6%
Equity rises from €407k to €637k.
17-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
13-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Liège
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.
Féronstrée 924000 LiègeGround area
288 m²
Building footprint
176 m²
Volume, LiDAR
2,759 m³
Parcel 62810C0909/00H000, Wallonia · tallest building 21.9 m, ±5 floors. Linked by address, not a title deed.
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62810C0909/00H000 | Wallonia | 288 m² | 1 · 176 m² | 21.9 m · 5 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.
Public money · subsidies and aid
Wallonia-Brussels Federation
2024 to 2025 · 2 entries · 25,000 EUR in total| Year | Entries | paid |
|---|---|---|
| 2025 | 1 | 3,750 EUR |
| 2024 | 1 | 21,250 EUR |
Budget allocations
Initiatives en lien avec l’Egalité des chances, la lutte contre toutes formes de discrimination, l’interculturalité et la Citoyenneté en FWB
Similar companies · same sector, comparable size
MONO ENTERTAINMENT
BE 0639.859.411
Gent · Eq €689k
AGB Patrimonium Scherpenheuvel-Zichem
BE 0878.141.691
Scherpenheuvel-Zichem · Eq €679k
CENTRE CULTUREL DE DINANT
BE 0412.587.916
Dinant · Eq €712k
De Spil
BE 0452.888.644
Roeselare · Eq €713k
AGB Cultuur Geel
BE 0537.631.705
Geel · Eq €663k
Of 641 companies in sector 90312 we hold annual accounts for 227. 167 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
Founded17-02-2015
Fiscal year end31-12
Activities, NACEBEL 2025
90312Arts creation and performing arts activities
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.