Bad Taste
ActiveBad Taste has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €13k and a net result of €7k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 37% of 1987 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
78
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability92▼-8
Solvency57▲+21
Growth78▲+20
Track record94
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.25 against 1.06 in 2024; short-term debt: 61.6% and cash: 41.4% of total assets), and 67.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 90
Relative position
BE, all sectors
reference
Sector 90
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
32.1%
Return on assets
18.7%
Age of the figures
9 mo
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 30-07-2026, 1 day ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
1 d early
2024
on the day
2023
26 d early
2022
59 d late
← 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€13k▲ 140%
2024 · €5k
2022: €7k
2023: €-15k
2024: €5k
2022 → 2025
Total assets
€40k▼ 16.1%
2024 · €47k
2022: €25k
2023: €17k
2024: €47k
2022 → 2025
Net result
€7k▼ 63.9%
2024 · €21k
2022: €4k
2023: €-22k
2024: €21k
2022 → 2025
Working capital
€6k▲ 147%
2024 · €3k
2022: €-4k
2023: €-20k
2024: €3k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€7k-€-15k€5k€13k▲ 140%
Operating result€6k-€-22k€22k€10k▼ 56.1%
Net result€4k-€-22k€21k€7k▼ 63.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 56% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €40k
Fixed assets
€9k▲ 70.5%
Current assets
€31k▼ 26.9%
Equity and liabilities €40k
Equity
€13k▲ 140%
Debt
€27k▼ 35.8%
The debt ratio falls from 88.8% to 67.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€12k▼
2024 · €28k
Cash flow
€10k▼
2024 · €26k
Solvency
32.1%▲
2024 · 11.2%
Current ratio
1.25▲
2024 · 1.06
Quick ratio
1.25▲
2024 · 1.06
Debt / equity
2.12▼
2024 · 7.91
ROE
58.3%▼
2024 · 388.1%
ROA
18.7%▼
2024 · 43.5%
Interest coverage
27.39▼
2024 · 84.04
Debt
€27k▼
2024 · €42k
Debt ≤ 1 year
€25k▼
2024 · €40k
Income taxes
€2k▲
2024 · €1k
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€47k€40k▼
Fixed assets21/28€5k€9k▲
Tangible fixed assets22/27€5k€8k▲
Plant, machinery and equipment23€3k€4k▲
Furniture and vehicles24€2k€5k▲
Financial fixed assets28€548€548=
Current assets29/58€42k€31k▼
Amounts receivable within one year40/41€14k€9k▼
Trade receivables40€14k€5k▼
Other amounts receivable41-€3k
Cash at bank and in hand54/58€27k€16k▼
Deferred charges and accrued income490/1€1k€6k▲
Equity and liabilities
Total equity and liabilities10/49€47k€40k▼
Equity10/15€5k€13k▲
Contributions10/11€3k€3k=
Reserves13€4k€10k▲
Distributable reserves133€4k€10k▲
Profit (loss) carried forward14€-1k-
Amounts payable17/49€42k€27k▼
Amounts payable within one year42/48€40k€25k▼
Current portion of amounts payable after more than one year42€1k-
Trade debts44€7k€4k▼
Suppliers440/4€7k€4k▼
Taxes, remuneration and social security45€8k€4k▼
Taxes450/3€7k€4k▼
Remuneration and social security454/9€1k-
Other amounts payable47/48€23k€16k▼
Accrued charges and deferred income492/3€3k€3k=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€2k▼
Other operating charges640/8€820€848▲
Gross operating margin9900€29k€13k▼
Operating profit (loss)9901€22k€10k▼
Financial charges65/66B€331€442▲
Recurring financial charges65€331€442▲
Profit (loss) for the period before taxes9903€22k€9k▼
Income taxes67/77€1k€2k▲
Profit (loss) for the period9904€21k€7k▼
Profit (loss) for the period to be appropriated9905€21k€7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-1k€6k▲
Profit (loss) brought forward from the previous period14P€-22k€-1k▲
Transfer to equity691/2-€6k
To other reserves6921-€6k
The notes to these accounts (6 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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €21k
Net result €21k after one loss-making year.
31-12
Financial
Liquidity quadruplescurrent ratio 1.06
Current ratio from 0.30 to 1.06.
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-22k ▼644%
Net result drops to €-22k, the lowest in the series; recovery starts the following year.
28-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 59 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are 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, Hove · 1 establishment unit since 2022
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.
Vincent Bavaisstraat 652540 HoveGround area
209 m²
Building footprint
88 m²
Volume, LiDAR
623 m³
Parcel 11021A0246/00N007, Flanders · tallest building 12.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Bad Taste
since 20222.331.615.625
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11021A0246/00N007 | Flanders | 209 m² | 1 · 88 m² | 12.3 m · 3 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.
Similar companies · same sector, comparable size
Sophora
BE 0795.580.736
Staden · Eq €13k
Solar Collective
BE 1007.743.886
Hove · Eq €13k
SPACEMAKERS
BE 1005.853.079
Zwevegem · Eq €12k
KaLotex
BE 0804.351.021
Boechout · Eq €14k
Revelation Theatrical
BE 0805.862.835
Sint-Lambrechts-Woluwe · Eq €12k
Of 671 companies in sector 90392 we hold annual accounts for 206. 132 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-05-2022
Fiscal year end31-12
Activities, NACEBEL
90022Arts creation and performing arts activities
90392Design and construction of stages and sets
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.