Skip to content

artemundé

Active
Non-profit associationfounded 200620 yrs activeAlsembergsesteenweg 986, 1180 Ukkel, BelgiumKBO/BCE: BE 0879.246.305
Summary

For artemundé, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show negative equity (-€61,027) and a net result of -€27,016. Equity is shrinking by ~50.9% per year across the filed fiscal years. Its solvency ranks better than 5% of 309 sector peers (fiscal year 2022). The company has been active since 2006 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags). The computed 12-month bankruptcy probability is 0.9% (low).

Overview

What they do
Performing arts by independent artists
NACE 90201NACE 90011NACE 92311
How big
€113,463turnover 2022
Equity
-€61,027
Loss
-€27,016
Financially healthy?
Bankruptcy chance 12 m
0.9%
2022 figures too old to score
Who decides
Accounts 793 d overdue0 of 1 deed read
Signals- Latest accounts 176 days late; 3 of the last 3 late- Figures for FY 2022 (filed 25-01-2024)- Two or more financial years not filed- Filed more than 90 days late- Administrative warnings in the KBO publications+ Legal form Non-profit association+ Sector Arts creation and performing arts activities (NACE 90)Show the evidence

Checked score

No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Financial strength, FY 2022 · tick = 2021
Weak
Solvency 0=
equity -96.8% of total assets
Liquidity 19-16
short-term debt 192.3% · cash 15.5%
Profitability 0=
return on assets -42.9%
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (3,386 companies)
  • Legal form Non-profit association lowers the probability
  • Latest accounts 176 days late; 3 of the last 3 late raises the probability
  • Sector Arts creation and performing arts activities (NACE 90) lowers the probability
  • Figures for FY 2022 (filed 25-01-2024) raises the probability
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Legal form Non-profit association
In the bankruptcy model this factor lowers the probability.
KBO
raises risk · Latest accounts 176 days late; 3 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
lowers risk · Sector Arts creation and performing arts activities (NACE 90)
In the bankruptcy model this factor lowers the probability.
KBO
raises risk · Figures for FY 2022 (filed 25-01-2024)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 5 filings
Position against the passed deadline
31-12-2023 close31-07-2024 deadline02-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 23-01-2024, 176 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 5 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
176 d late
2021
271 d late
2020
90 d late
2019
348 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 221 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 38% of the sector filed late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
UBO non-compliance
  1. UBO non-complianceevent 22-02-2024
  2. Annual accounts filedfiscal year 2022 · full…
  3. Annual accounts filedfiscal year 2021 · full…

Key points

  • Risk: Accounts not fileddeadline was 31-07-2024 793 d late View
  • Risk: Negative equityfiscal year 2022: debts exceed assets -€61,027 View
  • Risk: 5 loss-making years in a rowloss fiscal year 2022 -€27,016 View
  • Caution: Among the weakest 5% on solvencysector median 43.7% · 309 companies -96.8% View

By topic

Financials

Fiscal year
2022
Turnover
€113,463
Loss
-€27,016
Solvency
-96.8%
Go to Financials

Timeline

Events
7
Since
2021
  1. 01-03-2024UBO non-compliance
  2. 23-01-2024Annual accounts filed
  3. 28-04-2023Annual accounts filed
Go to Timeline

Company details

Legal form
Non-profit association
Activity
Performing arts by independent artistsNACE 90201
Founded
09-02-2006
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.