Financials
- Fiscal year
- 2025
- Total assets
- €12,057
- Profit
- €12,546
- Solvency
- -323.3%
Turnover▼ 67.4%
Net result
20182020
Annelies Cappaert
ActiveSummary
Annelies Cappaert has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€38,981) and a net result of €12,546. Equity is shrinking by ~19.4% per year across the filed fiscal years. Its solvency ranks better than 5% of 2204 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Overview
Activity
Performing arts by artistic ensembles
NACE 90202NACE 90012NACE 92312
1 site
Size
€12,057total assets 2025
- Equity
- -€38,981
- Profit
- €12,546
Turnover not published (abridged schema)
Structure
Accounts filed 12 d late0 of 1 deed read
Why 55Capped at 59: negative equity- Liquidity: current ratio 0.26, cash €14- Latest accounts 12 days late; 1 of the last 3 late- Negative equity -€38,981+ Size: total assets €12,057Show the evidence
Checked score
Score 2025
55
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 43% of its sector peers (NACE 90, micro)
Performance against the sector, not lower risk
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency
0=
equity -323.3% of total assets
Liquidity
0=
short-term debt 280.8% · cash 0.1%
Profitability
100=
return on assets 104.1%
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 16 months
07-2025: 1.1%
08-2025: 1.4%▲ +25.7% vs 07-2025
09-2025: 1.4%▲ +6.1% vs 08-2025highest value
10-2025: 0.6%▼ -59.6% vs 09-2025
11-2025: 0.6%● 0.0% vs 10-2025
12-2025: 0.6%● 0.0% vs 11-2025
01-2026: 0.6%● 0.0% vs 12-2025
02-2026: 0.6%● 0.0% vs 01-2026
03-2026: 0.6%▲ +3.1% vs 02-2026
04-2026: 0.6%▲ +3.2% vs 03-2026
05-2026: 0.6%▼ -2.1% vs 04-2026
06-2026: 0.6%▼ -0.7% vs 05-2026
07-2026: 0.7%▲ +14.0% vs 06-2026
08-2026: 1.1%▲ +55.7% vs 07-2026
09-2026: 0.5%▼ -53.1% vs 08-2026lowest value
10-2026: 0.5%● 0.0% vs 09-2026lowest value
- Size: total assets €12,057 lowers the probability for this profile
- Liquidity: current ratio 0.26, cash €14 raises the probability
- Latest accounts 12 days late; 1 of the last 3 late raises the probability
- Negative equity -€38,981 raises the probability
No credit on open account
Liquidity short (current ratio 0.26 against 0.2 in 2024; short-term debt: 280.8% and cash: 0.1% of total assets), and equity is negative.
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 (NACE 90, micro). Better than this share of them on solvency 6%, liquidity 2%, profitability 91%, growth against the median 72%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. 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
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 2204 sector peers (2025).
NBB · sector comparisonPosition among 2204 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-08-2026, 12 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
12 d late
2024
57 d late
2023
12 d late
2022
3 d late
2021
66 d late
2020
102 d late
2019
112 d late
← 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 52 days after 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 13 August (4 of the last 5 filed years within 44 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Highest result since 2018net €12,546 ▲48.9%
- Annual accounts filedfiscal year 2024 · micro…
Key points
By topic
Timeline
- Events
- 13
- Since
- 2017
- Next accounts
- by 31-07-2027
- 12-08-2026Annual accounts filed
- 31-12-2025Highest result since 2018
- 26-09-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Performing arts by artistic ensemblesNACE 90202
- Founded
- 19-03-2007
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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