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ASOBV

Active
Non-profit associationfounded 200719 yrs activeVan Ertbornstraat 8, 2018 Antwerpen, BelgiumKBO/BCE: BE 0890.626.977
Summary

ASOBV has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €16.5m and a net result of €68,370. Equity is growing by ~4.4% per year across the filed fiscal years. Its solvency ranks better than 64% of 622 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Overview

Activity
Performing arts by artistic ensembles
NACE 90202NACE 90012
#1 employer in Belgium, Creative and performing arts sector6 sites
Size
€5.9mturnover 2025
Staff
430.2 FTE
Equity
€16.5m
Profit
€68,370
Financial health
96 Excellent Checked score 2025
Bankruptcy chance 12 m
< 0.1%
Structure
Board
13 members
Auditor: Figurad Bedrijfsrevisoren bvAccounts 84 d early
Why 96+ Legal form Non-profit association+ Liquidity: current ratio 2.74, cash €12.5m+ Equity €16.5m (56.0% of total assets)+ Sector Arts creation and performing arts activities (NACE 90)Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Better than 69% of its sector peers (all companies)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency 81+6
equity 56.0% of total assets
Liquidity 93+1
short-term debt 21.8% · cash 42.3%
Profitability 79-2
return on assets 0.2%
Bankruptcy probability, 12 months
< 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 companies)
Last 24 months 11-2024: < 0.1%lowest value 12-2024: < 0.1%● 0.0% vs 11-2024lowest value 01-2025: < 0.1%● 0.0% vs 12-2024lowest value 02-2025: < 0.1%● 0.0% vs 01-2025lowest value 03-2025: < 0.1%● 0.0% vs 02-2025lowest value 04-2025: < 0.1%● 0.0% vs 03-2025lowest value 05-2025: < 0.1%● 0.0% vs 04-2025lowest value 06-2025: < 0.1%● 0.0% vs 05-2025lowest value 07-2025: < 0.1%● 0.0% vs 06-2025lowest value 08-2025: < 0.1%● 0.0% vs 07-2025lowest value 09-2025: < 0.1%● 0.0% vs 08-2025lowest value 10-2025: < 0.1%● 0.0% vs 09-2025lowest value 11-2025: < 0.1%● 0.0% vs 10-2025lowest value 12-2025: < 0.1%● 0.0% vs 11-2025lowest value 01-2026: < 0.1%● 0.0% vs 12-2025lowest value 02-2026: < 0.1%● 0.0% vs 01-2026lowest value 03-2026: < 0.1%● 0.0% vs 02-2026lowest value 04-2026: < 0.1%● 0.0% vs 03-2026lowest value 05-2026: < 0.1%● 0.0% vs 04-2026lowest value 06-2026: < 0.1%▲ +11.1% vs 05-2026highest value 07-2026: < 0.1%● 0.0% vs 06-2026highest value 08-2026: < 0.1%● 0.0% vs 07-2026highest value 09-2026: < 0.1%● 0.0% vs 08-2026highest value 10-2026: < 0.1%● 0.0% vs 09-2026highest value
  • Legal form Non-profit association lowers the probability
  • Liquidity: current ratio 2.74, cash €12.5m lowers the probability
  • Equity €16.5m (56.0% of total assets) lowers the probability
  • Sector Arts creation and performing arts activities (NACE 90) lowers the probability
Credit up to €550,000 at 30 days acceptable
Liquidity ample (current ratio 2.74 against 2.78 in 2024; short-term debt: 21.8% and cash: 42.3% of total assets), and 44% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (all companies). Better than this share of them on solvency 72%, liquidity 97%, profitability 82%, growth against the median 28%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 06-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Legal form Non-profit association
In the bankruptcy model this factor lowers the probability.
KBO
lowers risk · Liquidity: current ratio 2.74, cash €12.5m
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Equity €16.5m (56.0% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Sector Arts creation and performing arts activities (NACE 90)
In the bankruptcy model this factor lowers the probability.
KBO
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 08-05-2026, 84 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
84 d early
2024
77 d early
2023
96 d early
2022
95 d early
2021
48 d early
2020
65 d early
2019
81 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 78 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 8 May (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 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. Resignations: Herman Daems (director) and Catherine…Appointments: Johan Verbist (independent director)…
  2. Annual accounts filedfiscal year 2025 · abbreviated…
  3. Capital & shares · Purpose ·…Resignations: PEETERS Christophe, PRUYT Marijke…

Key points

  • Caution: Result fell in 2025from €690,512 to €68,370 ▼ 90.1% View
  • Positive: Employer in Belgium, Creative and performing arts sectorin the Checked rankings #1 View
  • Board changedlatest change 29-06-2026 · 13 in office 5 joined · 5 left View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Merger with Antwerp Symphony Orchestramerger on 23-03-2026 2026 View
  • Positive: 6 profitable years in a rowprofit 2025: €68,370 6 years View

By topic

Financials

Fiscal year
2025
Turnover
€5.9m
Profit
€68,370
Solvency
56.0%
Turnover▼ 3.4%
Net result
20182025
Go to Financials

Timeline

Events
37
Since
2007
Next accounts
by 31-07-2027
  1. 29-06-2026Resignations: Herman Daems (director) and Catherine Castille…
  2. 08-05-2026Annual accounts filed
  3. 23-03-2026Capital & shares · Purpose · Statutes…
Go to Timeline

Company details

Sites
6
Legal form
Non-profit association
Activity
Performing arts by artistic ensemblesNACE 90202
Founded
05-07-2007
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
14
Purpose
Het organiseren van een maatschappelijk-educatieve werking voor diverse doelgroepen alsook…
Go to Articles of association

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