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BIERERFGOED

Active
Non-profit associationfounded 2012active for 14 yearsMechelsesteenweg 291, 2018 Antwerpen, BelgiumKBO/BCE: BE 0845.089.635
Summary

BIERERFGOED has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€286,340) and a net result of €123,826. Equity has been shrinking by about 28% per year since 2018. Its solvency ranks better than 5% of 298 sector peers (NACE 90, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 07-03-2012 Normal situation
Activity
Arts creation and performing arts activities NACE 90312
Financial year end
31 December
Peppol
Reachable since 24-12-2025

Board and ownership

Board
  • Lema NVManaging director
Shareholders

Financial position

56 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Turnover
€423,000
=
Surplus
€123,826
▲ 17.4%
Equity
-€286,340
▲ 2.4%
Total assets
€749,812
▼ 31.7%
  • Negative equity on 31-12-2025
Score breakdownraises riskCapped at 59: negative equityLiquidity: current ratio 6.23Negative equity -€286,340No registered site in the KBOlowers riskLegal form: non-profit associationShow the evidence

Checked score

Score 2025
56 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 57% of micro companies in creative and performing arts (NACE 90)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Strong
Solvency 0=
equity -38.2% of total assets
Liquidity 100=
short-term debt 4.8%
Profitability 93+6
return on assets 16.5%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (3,429 companies, NACE 90, micro)
Last 24 months 12-2024: 0.1%lowest value 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025lowest value 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 07-2025highest value 09-2025: 0.1%▼ -0.1 percentage points vs 08-2025lowest value 10-2025: 0.1%● unchanged vs 09-2025lowest value 11-2025: 0.1%● unchanged vs 10-2025lowest value 12-2025: 0.1%● unchanged vs 11-2025lowest value 01-2026: 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026lowest value 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
No credit on open account
Liquidity is ample, with a current ratio of 6.23 (3.73 in 2024), above the usual 1.5. Short-term debt is 4.8% of total assets. However, equity is negative.
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 6% of them on solvency, 96% on liquidity, 77% on profitability and 49% on growth.

The bankruptcy probability was computed on 02-11-2026 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.

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).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Legal form: non-profit association
KBO
raises risk · Liquidity: current ratio 6.23
NBB · annual accounts
raises risk · Negative equity -€286,340
NBB · annual accounts
raises risk · No registered site in the KBO
KBO · seat and establishments
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 298 sector peers (2025).
NBB · sector comparison
Position among 298 sector peers
Solvency
better than 5%
← weakest strongest →
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 24-06-2026, 37 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
37 days early
2024
1 day late
2023
37 days early
2022
34 days early
2021
45 days early
2020
31 days early
2019
39 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 32 days before the deadline. In the sector (NACE 90), the median for financial year 2024 was 4 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 25 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€286,340 View
  • Caution: Lower solvency than 95% of companies in creative and performing artssector median 46.9% · 298 companies -38.2% View
  • Positive: 8 profitable years in a rowprofit 2025: €123,826 8 years View

Recent changes

  1. · Gazette deed Reappointment: De Roover & Partners Bedrijfsrevisoren (statutory auditor)Permanent representatives: Guy De Roover and Michel Moortgat
  2. · Gazette deed Incorporation
All 14 events

Comparable companies

These companies have the same main activity as BIERERFGOED: arts creation and performing arts activities (NACE 90312). They are comparable in size and age: total assets between €462,000 and €1.4m, founded between 2008 and 2016.

CompanyTotal assetsGross margin
BIERERFGOED Antwerpen€0.7m€0.4m
MONO ENTERTAINMENT Gent€1.3m€0.4m
BOTACOM Sint-Joost-ten-Node€0.5m€0.3m
Forest, centre culturel Vorst€0.6m€0.8m
Santa Milia Antwerpen€0.5m€0.3m
Autonoom Gemeentebedrijf Zandhoven Zandhoven€1.1m€0.1m
ENTREPRENERD Holsbeek€1.4m€0.4m
Full comparison

Key facts about BIERERFGOED

What is the company number of BIERERFGOED?
The company number of BIERERFGOED is 0845.089.635. The VAT number is the same number with BE in front: BE 0845.089.635.
Where is BIERERFGOED based?
The registered office is at Mechelsesteenweg 291, 2018 Antwerpen.Company details
What does BIERERFGOED do?
According to the KBO register, the main activity is arts creation and performing arts activities (NACE 90312).
What is the legal form of BIERERFGOED?
The legal form of BIERERFGOED is Non-profit association (VZW).
When was BIERERFGOED founded?
BIERERFGOED was founded on 07-03-2012.
Is BIERERFGOED still active?
Yes, BIERERFGOED is an active enterprise in the KBO register.
What is the turnover of BIERERFGOED?
The turnover of BIERERFGOED was €423,000 in financial year 2025, according to the filed annual accounts.Financials
Is BIERERFGOED profitable?
In financial year 2025, BIERERFGOED made a profit of €123,826.
Where can I find the annual accounts of BIERERFGOED?
BIERERFGOED filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of BIERERFGOED due?
BIERERFGOED must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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