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Alpacas Music

Active
Non-profit associationfounded 2019active for 7 yearsHerfstlaan 58, 3010 Leuven, BelgiumKBO/BCE: BE 0726.365.692
Summary

Alpacas Music has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10,689 and a net result of -€3,002. Equity has been growing by about 15% per year since 2020. Its solvency ranks better than 84% of 2,480 sector peers (NACE 90, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 28-03-2019 Normal situation
Activity
Performing arts by artistic ensembles NACE 90202and 2 others
Financial year end
31 December
Peppol
Reachable since 24-11-2023

Financial position

94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Turnover
€12,131
▼ 6.4%
Deficit
€3,002
Equity
€10,689
▼ 21.9%
Total assets
€12,652
▼ 18.9%
Score breakdownlowers riskLegal form: non-profit associationSector: Arts creation and performing arts activities (NACE 90)Liquidity: current ratio 5.64, cash €6,914Size: turnover €12,131, total assets €12,652Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 54% of micro companies in creative and performing arts (NACE 90)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 84.5% of total assets
Liquidity 97-2
short-term debt 15.5% · cash 54.7%
Profitability 0-52
return on assets -23.7%
Bankruptcy probability within 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% (3,429 companies, NACE 90, micro)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025highest value 08-2025: < 0.1%● unchanged vs 07-2025lowest value 09-2025: < 0.1%● unchanged vs 08-2025lowest value 10-2025: < 0.1%● unchanged vs 09-2025lowest value 11-2025: < 0.1%● unchanged vs 10-2025lowest value 12-2025: < 0.1%● unchanged vs 11-2025lowest value 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 5.64 (9.19 in 2024), above the usual 1.5. Short-term debt is 15.5% and cash 54.7% of total assets. 15.5% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 90, micro). It does better than 88% of them on solvency, 88% on liquidity, 7% on profitability and 31% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Five signals.
lowers riskneutral
lowers risk · Legal form: non-profit association
KBO
lowers risk · Sector: Arts creation and performing arts activities (NACE 90)
KBO
lowers risk · Liquidity: current ratio 5.64, cash €6,914
NBB · annual accounts
lowers risk · Size: turnover €12,131, total assets €12,652
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
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 07-07-2026, 24 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
24 days early
2024
23 days early
2023
27 days early
2022
31 days early
2021
118 days early
2020
60 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 27 days before the deadline. In the sector (NACE 90), the median for financial year 2024 was 4 days before the deadline, and 38% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 5 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher solvency than 83% of companies in creative and performing artssector median 49.3% · 2,480 companies 84.5% View
  • Positive: Filed on time since financial year 2021accounts within the deadline every year 5 years View

Recent changes

  1. · Gazette deed Incorporation
All 9 events

Comparable companies

These companies have the same main activity as Alpacas Music: performing arts by artistic ensembles (NACE 90202). They are comparable in size and age: total assets between €11,600 and €20,500, founded between 2015 and 2021.

CompanyTotal assetsGross margin
Alpacas Music Leuven€12,652-€2,542
Volemus Kampenhout€14,480€196
Roek Antwerpen€17,018-€838
VZW KLINKERt Antwerpen€11,621-€5,159
NIGHTWALKERS Antwerpen€15,085-€2,024
Citadelic Gent€18,359-€94,168
TEMPORA PRODUCTION Vorst€20,520-€5,669
Full comparison

Key facts about Alpacas Music

What is the company number of Alpacas Music?
The company number of Alpacas Music is 0726.365.692. The VAT number is the same number with BE in front: BE 0726.365.692.
Where is Alpacas Music based?
The registered office is at Herfstlaan 58, 3010 Leuven.Company details
What does Alpacas Music do?
According to the KBO register, the main activity is performing arts by artistic ensembles (NACE 90202).
What is the legal form of Alpacas Music?
The legal form of Alpacas Music is Non-profit association (VZW).
When was Alpacas Music founded?
Alpacas Music was founded on 28-03-2019.
Is Alpacas Music still active?
Yes, Alpacas Music is an active enterprise in the KBO register.
What is the turnover of Alpacas Music?
The turnover of Alpacas Music was €12,131 in financial year 2025, according to the filed annual accounts.Financials
Is Alpacas Music profitable?
In financial year 2025, Alpacas Music made a loss of €3,002.
Where can I find the annual accounts of Alpacas Music?
Alpacas Music filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Alpacas Music due?
Alpacas Music must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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