BEADA
ActiveSummary
BEADA has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€10,447) and a net result of -€2,597. Equity is shrinking by about 9.2% per year across the filed financial years. Its solvency ranks better than 9% of 639 sector peers (NACE 90, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Overview
- Equity
- -€10,447
- Loss
- -€2,597
Why 53raises riskCapped at 59: negative equityNegative equity -€10,447Loss of €2,597, the second in a row (financial year 2025)lowers riskSize: total assets €18,878Sector: Arts creation and performing arts activities (NACE 90)Show the evidence
Checked score
About 9 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 6% on solvency, 5% on liquidity, 16% on profitability and 17% on growth.
The bankruptcy probability was computed on 22-10-2026 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).
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Signals
This company filed its last 7 accounts on average 9 days before 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 · abbreviated…
- Annual accounts filedfinancial year 2024 · abbreviated…
- Annual accounts filedfinancial year 2023 · abbreviated…
Financials · financial year 2025, abbreviated format
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result stays negative: a loss of €2,508 in 2025 against €2,950 in 2024; the loss shrinks.
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 6,621 companies that looked in July 2024 the way this one looks now, 4.5% went bankrupt within 24 months and 84.4% are still going.
- Micro
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
A further 1.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 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% | 1.0% |
| 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 6,621 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 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €348 | €467 | €390 | €387 | ▼ 0.8% |
| Other operating charges640/8 | - | - | - | €79 | €89 | €50 | €88 | ▲ 75.4% |
| Gross operating margin9900 | -€3,679 | €677 | €3,422 | -€2,677 | €2,455 | -€2,510 | -€2,033 | ▲ 19.0% |
| Operating profit (loss)9901 | -€4,098 | €257 | €2,935 | -€3,103 | €1,899 | -€2,950 | -€2,508 | ▲ 15.0% |
| Recurring financial income75 | - | - | €0 | - | - | - | - | - |
| Financial charges65/66B | - | - | - | €77 | €72 | €71 | €89 | ▲ 24.8% |
| Recurring financial charges65 | €43 | €40 | €55 | €77 | €72 | €71 | €89 | ▲ 24.8% |
| Profit (loss) for the period before taxes9903 | -€4,141 | €216 | €2,881 | -€3,180 | €1,827 | -€3,022 | -€2,597 | ▲ 14.1% |
| Income taxes67/77 | - | €116 | - | - | - | - | - | - |
| Profit (loss) for the period9904 | -€4,141 | €101 | €2,881 | -€3,180 | €1,827 | -€3,022 | -€2,597 | ▲ 14.1% |
| Profit (loss) for the period to be appropriated9905 | -€4,141 | €101 | €2,881 | -€3,180 | €1,827 | -€3,022 | -€2,597 | ▲ 14.1% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €19,630 | €21,721 | €30,986 | €25,614 | €24,188 | €19,694 | €18,878 | ▼ 4.1% |
| Current assets29/58 | €19,630 | €21,721 | €30,986 | €25,614 | €24,188 | €19,694 | €18,878 | ▼ 4.1% |
| Stocks and contracts in progress3 | €17,575 | €17,775 | €16,258 | €14,176 | €13,820 | €11,834 | €11,303 | ▼ 4.5% |
| Stocks30/36 | - | - | - | €14,176 | €13,820 | €11,834 | €11,303 | ▼ 4.5% |
| Amounts receivable within one year40/41 | €1,176 | €1,554 | €9,065 | €7,574 | €7,647 | €7,384 | €6,714 | ▼ 9.1% |
| Trade receivables40 | - | - | - | €4,573 | €3,167 | €1,609 | €303 | ▼ 81.2% |
| Other amounts receivable41 | - | - | - | €3,001 | €4,480 | €5,775 | €6,411 | ▲ 11.0% |
| Cash at bank and in hand54/58 | €115 | €2,392 | €5,663 | €3,864 | €2,721 | €477 | €861 | ▲ 80.5% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €19,630 | €21,721 | €30,986 | €25,614 | €24,188 | €19,694 | €18,878 | ▼ 4.1% |
| Equity10/15 | -€6,457 | -€6,356 | -€3,476 | -€6,656 | -€4,829 | -€7,850 | -€10,447 | ▼ 33.1% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | - | - | - | €18,600 | €18,600 | - | - | - |
| Issued capital100 | - | - | - | €18,600 | €18,600 | - | - | - |
| Reserves13 | €54 | €54 | €54 | €54 | €54 | €54 | €54 | = |
| Non-distributable reserves130/1 | - | - | - | €54 | €54 | - | - | - |
| Legal reserve130 | - | - | - | €54 | €54 | - | - | - |
| Distributable reserves133 | - | - | - | - | - | €54 | €54 | = |
| Profit (loss) carried forward14 | -€25,111 | -€25,010 | -€22,129 | -€25,310 | -€23,482 | -€26,504 | -€29,101 | ▼ 9.8% |
| Amounts payable17/49 | €26,087 | €28,077 | €34,462 | €32,269 | €29,016 | €27,544 | €29,325 | ▲ 6.5% |
| Amounts payable within one year42/48 | €26,087 | €28,077 | €34,462 | €32,269 | €29,016 | €27,544 | €29,325 | ▲ 6.5% |
| Trade debts44 | - | €548 | €1,723 | €3,995 | €3,199 | €1,464 | €250 | ▼ 82.9% |
| Suppliers440/4 | - | - | - | €3,995 | €3,199 | €1,464 | €250 | ▼ 82.9% |
| Other amounts payable47/48 | - | - | - | €28,274 | €25,818 | €26,080 | €29,075 | ▲ 11.5% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€4,141 | €101 | €2,881 | -€3,180 | €1,827 | -€3,022 | -€2,597 | ▲ 14.1% |
| Operating cash flow (approximation) | -€4,141 | €101 | €2,881 | -€3,180 | €1,827 | -€3,022 | -€2,597 | ▲ 14.1% |
| Change in cash | - | €2,277 | €3,271 | -€1,798 | -€1,143 | -€2,244 | €384 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 19 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2025 | abbreviated format | 03-12-2025 | 2025-00578540 |
| 30-06-2024 | abbreviated format | 12-02-2025 | 2025-00034390 |
| 30-06-2023 | abbreviated format | 31-01-2024 | 2024-00015225 |
| 30-06-2022 | abbreviated format | 30-01-2023 | 2023-00022669 |
| 30-06-2021 | abbreviated format | 31-01-2022 | 2022-03500545 |
| 30-06-2020 | abbreviated format | 27-01-2021 | 2021-02200475 |
| 30-06-2019 | abbreviated format | 17-01-2020 | 2020-01600291 |
| 30-06-2018 | abbreviated format | 28-01-2019 | 2019-03200581 |
| 30-06-2017 | abbreviated format | 30-01-2018 | 2018-04200168 |
| 30-06-2016 | abbreviated format | 27-02-2017 | 2017-05400226 |
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Beatrys Philemon Clementina Romain Danckaert |
|
Owners and capital
Capital and shareholders
- 28-11-2023 Converted to unavailable equity
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
28-11
Gazette deed
Resignation: Beatrys Philemon Clementina Romain Danckaert (manager)Appointment: Beatrys Philemon Clementina Romain Danckaert (director) · Capital conversion · Reserve release8 facts ▸
- General meeting, 13-11-2023
- Capital conversion, “statutaire onbeschikbare eigen vermogensrekeningen” (deed in Dutch)
- Reserve release, “eigenvermogensrekeningen voortkomend van bij oprichting door inbreng gevormd kapitaal en aangelegde wettelijke reserve, opheffing onbeschikbaarheid” (deed in Dutch)
- Amendment of the articles
- Kind of shares, 186, “vergoeding voor de inbrengen” (deed in Dutch)
- Registered office clause, “actueel adres behouden, Haasroodsestraat 61,3052 Oud-Heverlee (Blanden)” (deed in Dutch)
- Director resignation, Beatrys Philemon Clementina Romain Danckaert (manager)
- Director appointment, Beatrys Philemon Clementina Romain Danckaert (director (not named in the articles))
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 23 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 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 24013B0217/00M003 | Flanders | 3,545 m² | 1 · 220 m² | 8.9 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het creëren,aankoop en verkoop van schilderijen en andere kunstwerken,tentoonstellingen organiseren van eigen en andere werken dit zowel in…” (deed in Dutch)
4 activities (deed in Dutch)
- Het creëren,aankoop en verkoop van schilderijen en andere kunstwerken,tentoonstellingen organiseren van eigen en andere werken dit zowel in eigen ruimte en in binnen- en buitenland.
- De vennootschap mag deelnemen,participeren of tussenkomen in andere ondernemingen of vennootschappen of aan deze toestaan tussen te komen,deel te nemen of de participeren in haar bedrijf,wanneer deze ondernemingen of vennootschappen een identiek,analoog,gelijkaardig of aanverwant maatschappelijk voorwerp hebben dan wel van aard zijn de ontwikkeling van de vennootschap te bevorderen.
- De vennootschap mag alle verrichtingen doen van industriële,commerciële,financiële,burgerlijke,roerende en onroerende aard,welke hetzij direct,het zij indirect,verban houden met de verwezenlijking,de uitbreiding of de vergemakkelijking van het maatschappelijk voorwerp van de vennootschap.
- De vennootschap kan alle verrichtingen uitvoeren die nodig of dienstig zijn voor de verwezenlijking van haar voorwerp.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- BEADA
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Één of meer, natuurlijke personen of rechtspersonen,al dan niet aandeelhouder” (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)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Monday of December at 19:00