Equity
€24,365 ▲ 24.5%
AWD has made a profit in every financial year since 2023.
AWD
Lifetime
3 annual accounts with figures on one time axispeak €15,687 (2025)
€15,687▲ 25.3%
peak €7,963 (2024)
€4,790▼ 39.8%
peak €24,365 (2025)
€24,365▲ 24.5%
€46,377▲ 8.0%
Board1 name since 2023
1 directorFITAMANT Hugo
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from €12,522 to €15,687Result from €7,963 to €4,790Equity from €19,575 to €24,365Cash from €2,854 to €5,449
Key points
from the 2025 annual accountsChecked score
85
Excellent
Financially stronger than 47% of micro companies in creative and performing arts (NACE 90)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 3,433 companies (NACE 90, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024lowest value
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 06-2025
08-2025: 0.2%▲ +0.1 percentage points vs 07-2025
09-2025: 0.4%▲ +0.2 percentage points vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.4%● unchanged vs 06-2026
08-2026: 0.7%▲ +0.3 percentage points vs 07-2026highest value
09-2026: 0.4%▼ -0.3 percentage points vs 08-2026
10-2026: 0.3%▼ -0.1 percentage points vs 09-2026
11-2026: 0.3%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Founded in 2023
Last filed accounts filed 31 days late; 1 of the last 3 accounts late
lowers risk
Sector: Arts creation and performing arts activities (NACE 90)
Size: total assets €70,742
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 40% of them on solvency, 17% on liquidity, 58% on profitability and 73% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as AWD has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of AWD itself is lower: 0.3% within 12 months. It rests on far more data about AWD than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for AWD. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.3 (1.45 in 2024), below the usual 1.5. Short-term debt is 57.9% and cash 7.7% of total assets. 65.6% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 3 filingsDeviation from the deadline
2025
31 days late
2024
28 days late
2023
30 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 30 days after the deadline. In the sector (NACE 90), the median for financial year 2024 was 3 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 31 August (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0798361666
Incorporation
Founding capital of €5,000, 100 shares · Founder: FITAMANT Hugo (comparant) · Appointment: FITAMANT Hugo (director) · published on 15-02-2023 · Gazette deed
First establishment
Chaussée de Lille 479, Tournai
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| AWD Tournai | €70,742 | €15,687 | 34.4% | - |
| SLL-Concepts Ghent | €81,544 | €18,807 | 62.2% | - |
| Voxonaute Ixelles | €72,851 | €14,939 | 75.1% | - |
| LIVE SOUND CONCEPT Seneffe | €46,639 | €14,493 | 37.9% | - |
| Negen Kortrijk | €96,742 | €15,714 | 38.2% | - |
| T-Sound Antwerp | €75,547 | €10,097 | 76.6% | - |
| JULIEN BRUGGEMAN Zonnebeke | €59,386 | €24,465 | 70.0% | - |
These companies have the same main activity as AWD: specialised image, lighting and sound technical services (NACE 90393). They are comparable in size and age: total assets between €46,600 and €96,700, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 13-02-2023Normal situation
- Registered office
- 42 active companies are registered at this address4 started in the 12 months before. Source: KBO register, as of 9 November 2026.
- Activity
- Specialised image, lighting and sound technical servicesNACE 90393and 1 other
- Establishment unit
- 2.341.919.9937501 Tournai, since 13-02-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 23-12-2025
Insights on AWD
AWD files the micro format. That format states no turnover. The gross margin rose from €8,647 in 2023 to €15,687 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about AWD
- What is the company number of AWD?
- The company number of AWD is 0798.361.666. The VAT number is the same number with BE in front: BE 0798.361.666.
- Where is AWD based?
- The registered office is at Chaussée de Lille 479, 7501 Tournai.Company details
- What does AWD do?
- According to the KBO register, the main activity is specialised image, lighting and sound technical services (NACE 90393).
- What is the legal form of AWD?
- AWD is a private limited company (BV).
- When was AWD founded?
- AWD was founded on 13-02-2023.
- Is AWD still active?
- Yes, AWD is an active enterprise in the KBO register.
- What is the turnover of AWD?
- The turnover in financial year 2025 is ≈ €88,000. This figure is estimated from the gross margin of €15,687 and 45 comparable companies (NACE 903). It probably lies between €44,000 and €190,000. It is a rough estimate.Financials
- Is AWD profitable?
- In financial year 2025, AWD made a profit of €4,790.
- Where can I find the annual accounts of AWD?
- AWD filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of AWD due?
- AWD must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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