Autonoom Gemeentebedrijf Musea Ieper
ActiveFor the legal form of Autonoom Gemeentebedrijf Musea Ieper, Checked does not compute a bankruptcy probability. The 2025 annual accounts show equity of €7.41M and a net result of €74k. Equity is growing by ~3.1% per year across the filed fiscal years. Its solvency ranks better than 39% of 66 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
61
/ 100
Healthy▼ -6 vs 2024
The score weighs solvency, liquidity, profitability and financial development. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69=
Solvency64▼-13
Growth52=
Track record100
Credit verdict
Credit up to €450k at 30 days acceptable
Liquidity short (current ratio 0.97 against 0.97 in 2024; short-term debt: 14.6% and cash: 3.9% of total assets), and 61.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
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 · 3 filingsDeviation from the deadline
2025
24 d early
2024
44 d early
2023
42 d early
← before the deadline
after the deadline →
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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€7.41M▼ 0.2%
2024 · €7.43M
2023: €6.95M
2024: €7.43M
2023 → 2025
Total assets
€19.12M▲ 33.6%
2024 · €14.31M
2023: €13.08M
2024: €14.31M
2023 → 2025
Net result
€74k▲ 10.2%
2024 · €67k
2023: €403k
2024: €67k
2023 → 2025
Working capital
€-73k▼ 34.3%
2024 · €-55k
2023: €-190k
2024: €-55k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€6.95M-€7.43M▲ 6.8%€7.41M▼ 0.2%
Operating result€279k-€-96k€-127k▼ 32.4%
Net result€403k-€67k▼ 83.4%€74k▲ 10.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €127k in 2025 against €96k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €19.12M
Fixed assets
€16.41M▲ 30.8%
Current assets
€2.71M▲ 53.7%
Equity and liabilities €19.12M
Equity
€7.41M▼ 0.2%
Debt
€11.71M▲ 70.2%
The debt ratio rises from 48.1% to 61.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€542k▲
2024 · €525k
Cash flow
€742k▲
2024 · €687k
Solvency
38.8%▼
2024 · 51.9%
Current ratio
0.97▲
2024 · 0.97
Quick ratio
0.92▲
2024 · 0.88
Debt / equity
1.58▲
2024 · 0.93
ROE
1.0%▲
2024 · 0.9%
ROA
0.4%▼
2024 · 0.5%
Interest coverage
49.54▼
2024 · 54.01
Debt
€11.71M▲
2024 · €6.88M
Debt ≤ 1 year
€2.78M▲
2024 · €1.82M
Debt > 1 year
€8.76M▲
2024 · €4.94M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€14.31M€19.12M▲
Fixed assets21/28€12.55M€16.41M▲
Tangible fixed assets22/27€12.55M€16.41M▲
Land and buildings22€11.93M€15.79M▲
Plant, machinery and equipment23€275k€217k▼
Furniture and vehicles24€70k€60k▼
Assets under construction and advance payments27€271k€345k▲
Current assets29/58€1.76M€2.71M▲
Stocks and contracts in progress3€161k€144k▼
Stocks30/36€161k€144k▼
Amounts receivable within one year40/41€791k€1.83M▲
Trade receivables40€44k€81k▲
Other amounts receivable41€747k€1.74M▲
Cash at bank and in hand54/58€788k€741k▼
Deferred charges and accrued income490/1€22k-
Equity and liabilities
Total equity and liabilities10/49€14.31M€19.12M▲
Equity10/15€7.43M€7.41M▼
Investment grants15€7.43M€7.41M▼
Amounts payable17/49€6.88M€11.71M▲
Amounts payable after more than one year17€4.94M€8.76M▲
Financial debts170/4€4.94M€8.76M▲
Amounts payable within one year42/48€1.82M€2.78M▲
Current portion of amounts payable after more than one year42€381k€472k▲
Financial debts43€395k€438k▲
Other loans439€395k€438k▲
Trade debts44€972k€1.80M▲
Suppliers440/4€972k€1.80M▲
Advances received on contracts in progress46€561-
Other amounts payable47/48€69k€76k▲
Accrued charges and deferred income492/3€122k€173k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€620k€669k▲
Other operating charges640/8€58k€71k▲
Gross operating margin9900€583k€613k▲
Operating profit (loss)9901€-96k€-127k▼
Financial income75/76B€172k€211k▲
Recurring financial income75€172k€211k▲
Financial charges65/66B€10k€11k▲
Recurring financial charges65€10k€11k▲
Profit (loss) for the period before taxes9903€67k€74k▲
Profit (loss) for the period9904€67k€74k▲
Profit (loss) for the period to be appropriated9905€67k€74k▲
Appropriation of the result
Profit (loss) to be appropriated9906€67k€74k▲
Profit to be distributed694/7€67k€74k▲
Return on contributions (dividend)694€67k€74k▲
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
07-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €67k ▼83.4%
Net result drops to €67k, the lowest in the series; recovery starts the following year.
19-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Ieper · 1 establishment unit since 2025
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.
Grote Markt 348900 IeperGround area
4,953 m²
Building footprint
1,647 m²
Volume, LiDAR
29,228 m³
Parcel 33011F0252/00S000, Flanders · tallest building 57.4 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Autonoom Gemeentebedrijf Musea Ieper
since 20252.378.351.314
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33011F0252/00S000 | Flanders | 4,953 m² | 1 · 1,647 m² | 57.4 m · 6 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Public money · subsidies and aid
Flemish government
2022 to 2025 · 19 entries · 11,093,650 EUR awarded · 8,081,661 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 6 | 3,880,358 EUR | 1,606,323 EUR |
| 2024 | 5 | 2,635,620 EUR | 1,973,212 EUR |
| 2023 | 5 | 2,522,247 EUR | 2,529,835 EUR |
| 2022 | 3 | 2,055,425 EUR | 1,972,291 EUR |
Schemes
Meerjarenpremieovereenkomst voor onroerend erfgoed
Roerend cultureel erfgoed: Werkingssubsidie voor een collectiebeherende organisatie (Cultureelerfgoeddecreet 2021)
Projectsubsidies Toerisme Vlaanderen
Roerend cultureel erfgoed: Werkingssubsidie voor een cultureelerfgoedconvenant (Cultureelerfgoeddecreet 2017)
Roerend cultureel erfgoed: Werkingssubsidie voor een collectiebeherende organisatie (Cultureelerfgoeddecreet 2017)
Show 6 more
Roerend cultureel erfgoed: Projectsubsidie voor een internationaal, landelijk of bovenlokaal initiatief (Cultureelerfgoeddecreet 2021)
Roerend cultureel erfgoed: Projectsubsidie voor de cofinanciering van een internationaal initiatief (Cultureelerfgoeddecreet 2021)
Roerend cultureel erfgoed: Projectsubsidie voor een internationaal of landelijk initiatief (Cultureelerfgoeddecreet 2017)
Projectsubsidie voor archeologisch syntheseonderzoek
Erfgoedpremie voor beschermde monumenten en landschappen - standaardprocedure
Professionele kunsten: Tussenkomst in de kosten voor deelname aan een internationaal presentatiemoment (Kunstendecreet 2021)
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Of 215 companies in sector 91210 we hold annual accounts for 79. 35 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formAutonoom gemeentebedrijf
Founded02-03-2020
Fiscal year end31-12
Abbreviation NL
AGB Musea Ieper
Activities, NACEBEL
91020Libraries, archives, museums and other cultural activities
91210Libraries, archives, museums and other cultural activities
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:peter.slosse@ieper.be
Phone:057/23 92 20