BASCLASS
ActiveSummary
BASCLASS has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €451,463 and a net result of €97,585. Equity is growing by about 27% per year across the filed financial years. Its solvency ranks better than 73% of 2,464 sector peers (NACE 90, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Equity
- €451,463
- Profit
- €97,585
- VERBRUGGHE, WouterDirector
- VERSTRYNGE, VincentDirector
Why 96lowers riskLiquidity: current ratio 3.81, cash €185,008Sector: Arts creation and performing arts activities (NACE 90)Size: total assets €609,861Figures for financial year 2025 (filed 30-07-2026)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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): better than 74% on solvency, 67% on liquidity, 74% on profitability and 57% on growth.
The bankruptcy probability was computed on 24-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 7 accounts on average 16 days after the deadline; the sector median (NACE 90) for financial year 2024 is 4 days before the deadline, and 38% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Annual accounts filedfinancial year 2023 · micro…
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result falls in 2025; 2025 is 16% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 90, Arts creation and performing arts activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 6,782 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 96.7% are still going.
- Small
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,782 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €3,405 | - | €815 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,621 | €2,933 | €2,933 | €2,833 | €344 | €528 | €528 | €815 | ▲ 54.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €562 | - | - | - | - |
| Other operating charges640/8 | - | - | - | €523 | €1,737 | €9,834 | €11,417 | €29,176 | ▲ 156% |
| Gross operating margin9900 | €129,495 | €123,902 | -€48,749 | -€96,989 | €176,933 | €165,005 | €176,074 | €167,809 | ▼ 4.7% |
| Operating profit (loss)9901 | €118,446 | €111,805 | -€55,442 | -€100,345 | €174,290 | €154,643 | €164,129 | €137,818 | ▼ 16.0% |
| Financial income75/76B | - | - | - | €353 | €579 | €3,309 | €11,985 | €13,520 | ▲ 12.8% |
| Recurring financial income75 | €108 | €74 | €202 | €353 | €579 | €3,309 | €11,985 | €13,520 | ▲ 12.8% |
| Financial charges65/66B | - | - | - | €212 | €1,677 | €1,839 | €327 | €383 | ▲ 17.3% |
| Recurring financial charges65 | €1,428 | €198 | €503 | €212 | €1,677 | €1,839 | €327 | €383 | ▲ 17.3% |
| Profit (loss) for the period before taxes9903 | €117,068 | €110,181 | -€55,743 | -€100,204 | €173,192 | €156,112 | €175,787 | €150,955 | ▼ 14.1% |
| Income taxes67/77 | €50,415 | €44,254 | -€2 | €220 | €1,548 | €30,511 | €58,917 | €53,370 | ▼ 9.4% |
| Profit (loss) for the period9904 | €66,652 | €65,927 | -€55,741 | -€100,424 | €171,644 | €125,601 | €116,870 | €97,585 | ▼ 16.5% |
| Profit (loss) for the period to be appropriated9905 | €66,652 | €65,927 | -€55,741 | -€100,424 | €171,644 | €125,601 | €116,870 | €97,585 | ▼ 16.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €233,627 | €250,518 | €210,323 | €102,743 | €253,505 | €388,834 | €599,536 | €609,861 | ▲ 1.7% |
| Fixed assets21/28 | €9,542 | €6,110 | €3,177 | €344 | - | €2,114 | €1,585 | €6,172 | ▲ 289% |
| Tangible fixed assets22/27 | €9,042 | €6,110 | €3,177 | €344 | - | €2,114 | €1,585 | €6,172 | ▲ 289% |
| Plant, machinery and equipment23 | - | - | - | €344 | - | - | - | €5,115 | - |
| Furniture and vehicles24 | - | - | - | - | - | €2,114 | €1,585 | €1,057 | ▼ 33.3% |
| Financial fixed assets28 | €500 | - | - | - | - | - | - | - | - |
| Current assets29/58 | €224,085 | €244,408 | €207,146 | €102,399 | €253,505 | €386,720 | €597,950 | €603,689 | ▲ 1.0% |
| Amounts receivable within one year40/41 | €85,868 | €99,520 | €106,628 | €22,822 | €127,628 | €272,846 | €440,066 | €395,426 | ▼ 10.1% |
| Trade receivables40 | - | - | - | €9,091 | €74,111 | €69,308 | €119,923 | €134,404 | ▲ 12.1% |
| Other amounts receivable41 | - | - | - | €13,731 | €53,517 | €203,538 | €320,143 | €261,022 | ▼ 18.5% |
| Cash at bank and in hand54/58 | €137,857 | €123,854 | €83,663 | €66,604 | €109,450 | €90,891 | €130,401 | €185,008 | ▲ 41.9% |
| Deferred charges and accrued income490/1 | - | - | - | €12,973 | €16,426 | €22,983 | €27,484 | €23,254 | ▼ 15.4% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €233,627 | €250,518 | €210,323 | €102,743 | €253,505 | €388,834 | €599,536 | €609,861 | ▲ 1.7% |
| Equity10/15 | €96,652 | €162,579 | €106,839 | €6,415 | €178,059 | €303,660 | €420,531 | €451,463 | ▲ 7.4% |
| Contributions10/11 | €30,000 | €30,000 | - | €30,000 | €30,000 | €30,000 | €30,000 | €30,000 | = |
| Reserves13 | €66,652 | €132,579 | €132,579 | €132,579 | €148,059 | €273,660 | €390,531 | €421,463 | ▲ 7.9% |
| Non-distributable reserves130/1 | - | - | - | €3,000 | €3,000 | €3,000 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €3,000 | €3,000 | €3,000 | - | - | - |
| Distributable reserves133 | - | - | - | €129,579 | €145,059 | €270,660 | €390,531 | €421,463 | ▲ 7.9% |
| Profit (loss) carried forward14 | - | - | -€55,741 | -€156,165 | - | - | - | - | - |
| Amounts payable17/49 | €136,975 | €87,938 | €103,484 | €96,328 | €75,445 | €85,173 | €179,005 | €158,398 | ▼ 11.5% |
| Amounts payable within one year42/48 | €136,975 | €87,938 | €102,777 | €71,474 | €73,730 | €83,458 | €175,494 | €158,333 | ▼ 9.8% |
| Trade debts44 | €74,262 | €72,758 | €64,996 | €6,350 | €68,516 | €52,947 | €131,576 | €117,847 | ▼ 10.4% |
| Suppliers440/4 | - | - | - | €6,350 | €68,516 | €52,947 | €131,576 | €117,847 | ▼ 10.4% |
| Advances received on contracts in progress46 | - | - | - | €63,550 | - | - | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €1,575 | €5,214 | €30,511 | €43,917 | €40,486 | ▼ 7.8% |
| Taxes450/3 | - | - | - | €1,575 | €5,214 | €30,511 | €43,917 | €40,486 | ▼ 7.8% |
| Accrued charges and deferred income492/3 | - | - | - | €24,854 | €1,715 | €1,715 | €3,511 | €66 | ▼ 98.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €66,652 | €65,927 | -€55,741 | -€100,424 | €171,644 | €125,601 | €116,870 | €97,585 | ▼ 16.5% |
| + Depreciation and write-downs630 | €5,621 | €2,933 | €2,933 | €2,833 | €344 | €528 | €528 | €815 | ▲ 54.3% |
| Operating cash flow (approximation) | €72,273 | €68,860 | -€52,808 | -€97,591 | €171,989 | €126,130 | €117,399 | €98,400 | ▼ 16.2% |
| Investment in fixed assets (approximation) | - | €500 | €0 | €0 | - | - | €0 | -€5,402 | - |
| Change in cash | - | -€14,003 | -€40,191 | -€17,059 | €42,846 | -€18,559 | €39,509 | €54,608 | ▲ 38.2% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (8)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 30-07-2026 | 2026-00354702 |
| 31-12-2024 | micro format | 31-07-2025 | 2025-00336684 |
| 31-12-2023 | micro format | 30-07-2024 | 2024-00313102 |
| 31-12-2022 | micro format | 28-07-2023 | 2023-00286686 |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20410705 |
| 31-12-2020 | micro format | 29-08-2021 | 2021-57400490 |
| 31-12-2019 | micro format | 28-09-2020 | 2020-56500214 |
| 31-12-2018 | micro format | 30-08-2019 | 2019-59600184 |
Similar companies · same sector, comparable size
Subsidies and aid
Flemish government
2022 · 1 entry · €12,000 awarded · €12,000 paidPublic contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| VERBRUGGHE, Wouter |
|
| VERSTRYNGE, Vincent |
|
Owners and capital
Capital and shareholders
- 30-01-2024 Converted to unavailable equity · €33,000
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
30-01
Gazette deed
Resignations: VERBRUGGHE, Wouter (manager) and VERSTRYNGE, Vincent (manager)Appointments: VERBRUGGHE, Wouter (director) and VERSTRYNGE, Vincent (director) · Registered-office move · Capital conversion17 facts ▸
- General meeting, “eenparigheid van stemmen” (deed in Dutch)
- Registered-office move, 9000 Gent,Hoogstraat 47/002
- Other provision, “aanpassing statuten aan WVV en behoud rechtsvorm, behouden” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “vormen en meerderheden van statutenwijziging, opheffen” (deed in Dutch)
- Amendment of the articles
- Other provision, “Titel VIII. Algemene maatregelen, alleen titel afgedrukt, inhoud weggelaten” (deed in Dutch)
- Power of attorney, Xavier Van den Weghe
- Power of attorney, Geraldine Van den Weghe
- Power of attorney, Gwendolynn Ghyselinck
- Director resignation, VERBRUGGHE, Wouter (manager)
- Director resignation, VERSTRYNGE, Vincent (manager)
- +5 further facts in this act
Show earlier events
About the unread acts
Of the 4 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 25 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 44815F2347/00Z000 | Flanders | 275 m² | 1 · 167 m² | 18.2 m · 5 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “De organisatie,inrichting,uitvoering,productie,presentatie van beurzen,dans-,muziek-,audio- en cabaretvoorstellingen,allerlei evenementen en…” (deed in Dutch)
20 activities (deed in Dutch)
- De organisatie,inrichting,uitvoering,productie,presentatie van beurzen,dans-,muziek-,audio- en cabaretvoorstellingen,allerlei evenementen en choreografieën,modeshows en spektakels,sportwedstrijden en events in zijn ruimste vorm
- De opname,registratie,uitzending en distributie van interviews en reportagewerk voor alle media,zoals theater,manifestaties,film,radio,televisie,video,online en alle audiovisuele middelen
- De ontwikkeling,opvolging en handling van multimediatoepassingen,sponsorwerving(beheer,opvolging,ontwikkeling van de dossiers),ontwikkeling mediadeals,organisatie van incentives(binnen- en buitenland),concerten,feesten en bedrijfsfeesten
- Het leveren,begeleiden en opleiden van hostessen
- De aan- en verkoop van voedingswaren,aanmaak van voedingswaren,de promotie van producten
- De groot- en kleinhandel,import en export,aan- en verkoop,huur en verhuur,onderhoud,herstelling,advisering,ontwerp en vervaardiging van alle roerende goederen waaronder gadgets,publiciteit- en textielartikelen,decoratie en expostanden
- De toelevering van technische apparatuur voor allerlei gelegenheden en activiteiten
- De uitbating van verbruiksalons,eethuizen,pop-ups,drank- en dansgelegenheden,vergader- en tentoonstellingsruimten,seminaries en voordrachten
- Het uitbaten van een boekingskantoor voor artiesten,dj’s en dergelijke
- Het voeren en aanmaken van publiciteit en promotie en de deelname en medewerking hieraan
- Het beheer,gebruik en verhuring van opnamestudio’s met alle daaraan verbonden activiteiten
- Het uitgeven van boeken,magazines,muziekwerken,scenario’s van toneelstukken en aanverwanten met alle mogelijke media
- Het verlenen van technische of commerciële bijstand aan alle Belgische en buitenlandse ondernemingen;het verlenen van financiële bijstand.Het optreden als tussenpersoon voor het samenstellen en aanvragen van kredietdossiers bij banken en financiële instellingen.De vennootschap mag alle industriële,commerciële en financiële,roerende en onroerende verrichtingen doen,die kunnen bijdragen tot het verwezenlijken of het vergemakkelijken van het maatschappelijk voorwerp,met inbegrip van:het deelnemen in alle ondernemingen die een gelijkaardig doel nastreven of waarvan het voorwerp in nauw verband met het hare staat,kredieten en leningen
- Aangaan en toestaan,zich voor dergelijke borg te stellen door haar goederen in hypotheek of pand te geven,inclusief de eigen handelszaak
- Het verwerven en huren met het oog op het verhuren en onderverhuren van onroerende goederen en roerende installaties
- Een patrimonium bestaande uit roerende en onroerende goederen te verwerven,te behouden,te beheren en oordeelkundig uit te breiden
- Het verlenen van diensten en adviezen aan personen en bedrijven,in het algemeen met betrekking tot bedrijfsbeheer,bedrijfscommunicatie,bedrijfseconomische en bedrijfstechnische aangelegenheden,marketing en alles wat daarmee rechtstreeks en onrechtstreeks verband houdt
- Het voeren van een agentuur ten behoeve van één of meerdere bedrijven en dit zowel in België als in het buitenland.Het afsluiten van agentuurovereenkomsten met één of meerdere bedrijven en dit zowel in België als in het buitenland
- Het waarnemen van een aantal functies in ondernemingen,zoals het innen van schuldvorderingen,het verstrekken van informatie,het uitoefenen van bepaalde technische of andere commerciële taken
- Zij kan optreden als bestuurder of vereffenaar van andere vennootschappen
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- BASCLASS
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Eerste zin, Vlaamse Gewest” (deed in Dutch)“Vlaamse Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 13. Bestuursbevoegdheid Als er slechts één bestuurder is, is het geheel van de bevoegdheden van de bestuurders aan hem toegekend…”“Artikel 14. Vertegenwoordigingsbevoegdheid Iedere bestuurder vertegenwoordigt de vennootschap jegens derden en in rechte als eiser of als…”
Full text
Artikel 14. Vertegenwoordigingsbevoegdheid Iedere bestuurder vertegenwoordigt de vennootschap jegens derden en in rechte als eiser of als verweerder. Hij kan bijzondere machten toekennen aan elke mandataris.
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, één of meer bestuurders” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, register van aandelen op naam” (deed in Dutch)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, algemene vergadering” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Om welke reden en op welk ogenblik ook, indien geen andere vereffenaar benoemd” (deed in Dutch)