BITCULTURE
ActiveBITCULTURE has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €34k and a net result of €37k. Equity is shrinking by ~4.1% per year across the filed fiscal years. Its solvency ranks better than 36% of 2464 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
80
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+100
Solvency57▲+18
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity tight (current ratio 1.38 against 1.05 in 2023; short-term debt: 68% and cash: 90.7% of total assets), and 68% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
32%
Return on assets
34.5%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-07-2025, 27 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
27 d early
2023
27 d late
2022
4 d early
2021
31 d early
2020
47 d early
2019
4 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€34k▲ 208%
2023 · €11k
2018: €44k
2019: €38k
2020: €32k
2021: €51k
2022: €79k
2023: €11k
2018 → 2024
Total assets
€108k▲ 36.7%
2023 · €79k
2018: €50k
2019: €56k
2020: €67k
2021: €55k
2022: €107k
2023: €79k
2018 → 2024
Net result
€37k
2023 · €-24k
2018: €-21k
2019: €-6k
2020: €-7k
2021: €19k
2022: €28k
2023: €-24k
2018 → 2024
Working capital
€28k▲ 657%
2023 · €4k
2018: €42k
2019: €37k
2020: €51k
2021: €51k
2022: €77k
2023: €4k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€32k-€51k▲ 59.3%€79k▲ 56.1%€11k▼ 85.8%€34k▲ 208%
Operating result€-6k-€19k€30k▲ 56.7%€-24k€39k
Net result€-7k-€19k€28k▲ 50.7%€-24k€37k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €39k after a loss of €24k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €108k
Fixed assets
€7k▼ 11.1%
Current assets
€101k▲ 41.7%
Equity and liabilities €108k
Equity
€34k▲ 208%
Debt
€73k▲ 8.4%
The debt ratio falls from 85.8% to 68.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€41k▲
2023 · €-23k
Cash flow
€39k▲
2023 · €-23k
Solvency
32.0%▲
2023 · 14.2%
Current ratio
1.38▲
2023 · 1.05
Quick ratio
1.37▲
2023 · 1.05
Debt / equity
2.13▼
2023 · 6.04
ROE
107.9%▲
2023 · -217.3%
ROA
34.5%▲
2023 · -30.9%
Interest coverage
308.23▲
2023 · -139.45
Debt
€73k▲
2023 · €68k
Debt ≤ 1 year
€73k▲
2023 · €68k
Income taxes
€2k▲
2023 · €1
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€79k€108k▲
Fixed assets21/28€8k€7k▼
Tangible fixed assets22/27€8k€7k▼
Plant, machinery and equipment23€5k€5k▼
Furniture and vehicles24€2k€2k▼
Current assets29/58€71k€101k▲
Stocks and contracts in progress3€475€293▼
Stocks30/36€475€293▼
Amounts receivable within one year40/41€36k€3k▼
Trade receivables40€32k€1k▼
Other amounts receivable41€4k€2k▼
Cash at bank and in hand54/58€34k€98k▲
Equity and liabilities
Total equity and liabilities10/49€79k€108k▲
Equity10/15€11k€34k▲
Contributions10/11€6k€6k=
Reserves13€29k€28k▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€29k€28k▼
Profit (loss) carried forward14€-24k€0▲
Amounts payable17/49€68k€73k▲
Amounts payable within one year42/48€68k€73k▲
Trade debts44€19k€12k▼
Suppliers440/4€19k€12k▼
Taxes, remuneration and social security45€1k€2k▲
Taxes450/3€1k€2k▲
Other amounts payable47/48€47k€59k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€2k▲
Other operating charges640/8€175€62▼
Gross operating margin9900€-23k€41k▲
Operating profit (loss)9901€-24k€39k▲
Financial income75/76B€28€48▲
Recurring financial income75€28€48▲
Financial charges65/66B€164€134▼
Recurring financial charges65€164€134▼
Profit (loss) for the period before taxes9903€-24k€39k▲
Income taxes67/77€1€2k▲
Profit (loss) for the period9904€-24k€37k▲
Profit (loss) for the period to be appropriated9905€-24k€37k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-24k€13k▲
Profit (loss) brought forward from the previous period14P€0€-24k▼
Transfer from equity791/2€43k€14k▼
Transfer to equity691/2€0€13k▲
To other reserves6921€0€13k▲
Profit to be distributed694/7€43k€14k▼
Return on contributions (dividend)694€43k€14k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €37k
Net result €37k after one loss-making year.
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
31-12
Financial
Weakest financial yearnet €-24k ▼186%
Net result drops to €-24k, the lowest in the series; recovery starts the following year.
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €19k
Net result €19k after 3 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 12.39
Current ratio from 4.40 to 12.39; short-term debt falls from €15k to €4k.
14-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
27-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
09-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
05-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
21-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
06-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Hasselt · 1 establishment unit since 2012
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.
Oude Kuringerbaan 773500 HasseltGround area
363 m²
Building footprint
78 m²
Volume, LiDAR
776 m³
Parcel 71327G0640/00T004, Flanders · tallest building 14.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Bitculture
since 20122.210.435.208
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71327G0640/00T004 | Flanders | 363 m² | 1 · 78 m² | 14.1 m · 4 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
ForestMusic
BE 0553.925.527
Aarschot · Eq €34k
ANGEL'S ART
BE 0881.443.552
Chaudfontaine · Eq €35k
CREVETTE RECORDS
BE 0651.918.786
Brussel · Eq €34k
DIEU MEDIA
BE 0792.755.759
Ottignies-Louvain-la-Neuve · Eq €33k
Loud and Proud
BE 0650.885.935
Zwevegem · Eq €36k
Of 8,303 companies in sector 90201 we hold annual accounts for 602. 466 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-05-2012
Fiscal year end31-12
Activities, NACEBEL
90201Performing arts by independent artists
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.