Skip to content

Black Rain

Active
Non-profit associationfounded 20242 yrs activeGeorge-dit-Marchalstraat 29/2, 1081 Koekelberg, BelgiumKBO/BCE: BE 1009.940.838
Summary

Black Rain has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €469 and a net result of €0. Its solvency ranks better than 95% of 2473 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is < 0.1% (very low).

Overview

Activity
Promotion and organisation of arts and performing arts events
NACE 90391NACE 90021
Size
€1,030turnover 2024
Equity
€469
Profit
€0
Financial health
96 Excellent Checked score 2024
Bankruptcy chance 12 m
< 0.1%
Structure
Accounts 34 d early0 of 1 deed read
Why 96- Figures for FY 2024 (filed 27-06-2025)- Founded in 2024+ Legal form Non-profit association+ Sector Arts creation and performing arts activities (NACE 90)Show the evidence

Checked score

Score 2024
96 / 100
Excellent
Probability in this band: under 0.55%
Better than 70% of its sector peers (NACE 90, micro)
Performance against the sector, not lower risk
Financial strength
Strong
Solvency 100
equity 100.0% of total assets
Liquidity 100
cash 100.0%
Profitability 29
return on assets 0.0%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (3,411 companies)
Last 24 months 07-2025: < 0.1%lowest value 08-2025: < 0.1%● 0.0% vs 07-2025lowest value 09-2025: < 0.1%▲ +5.9% vs 08-2025 10-2025: < 0.1%● 0.0% vs 09-2025 11-2025: < 0.1%● 0.0% vs 10-2025 12-2025: < 0.1%● 0.0% vs 11-2025 01-2026: < 0.1%● 0.0% vs 12-2025 02-2026: < 0.1%● 0.0% vs 01-2026 03-2026: < 0.1%● 0.0% vs 02-2026 04-2026: < 0.1%▲ +5.6% vs 03-2026 05-2026: < 0.1%▲ +15.8% vs 04-2026 06-2026: < 0.1%● 0.0% vs 05-2026 07-2026: < 0.1%▲ +9.1% vs 06-2026 08-2026: < 0.1%▲ +16.7% vs 07-2026 09-2026: < 0.1%▲ +14.3% vs 08-2026 10-2026: < 0.1%▲ +40.6% vs 09-2026highest value
  • Legal form Non-profit association lowers the probability
  • Figures for FY 2024 (filed 27-06-2025) raises the probability
  • Sector Arts creation and performing arts activities (NACE 90) lowers the probability
  • Founded in 2024 raises the probability for this profile
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 90, micro). Better than this share of them on solvency 88%, liquidity 96%, profitability 25%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Legal form Non-profit association
In the bankruptcy model this factor lowers the probability.
KBO
raises risk · Figures for FY 2024 (filed 27-06-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Sector Arts creation and performing arts activities (NACE 90)
In the bankruptcy model this factor lowers the probability.
KBO
raises risk · Founded in 2024
In the bankruptcy model this factor raises the probability for this profile.
KBO
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 27-06-2025, 34 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2024
34 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 34 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 38% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Positive: Among the best 5% on solvencysector median 49.1% · 2,473 companies 100.0% View
  • Turnover 2024first fiscal year filed €1,030 View
  • Active since 2024founded 01-06-2024 2 years View

By topic

Financials

Fiscal year
2024
Turnover
€1,030
Profit
€0
Solvency
100.0%
Go to Financials

Company details

Legal form
Non-profit association
Activity
Promotion and organisation of arts and performing arts…NACE 90391
Founded
01-06-2024
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.