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Boatmen

Active Private limited company (pre-2019)founded 2015active for 11 yearsMeulesteedsesteenweg 96, 9000 GhentKBO/BCE: BE 0635.496.785

Lifetime

10 annual accounts with figures on one time axis
peak €362,114 (2023)
€18,690▼ 84.9%
lowest -€12,482 (2025)
-€12,482▼ €106,153
peak €115,261 (2024)
€102,779▼ 10.8%
€3,834▼ 96.1%
Board2 names since 2015
2 directors and 1 other
Owners2 names in the annual accounts
  
Documentsfilings and deeds
03-07-202628 days before the deadline
2025micro format
Gross margin from €123,681 to €18,690Loss of €12,482Debts from €99,060 to €3,834Cash from €91,782 to €55,458

Key points

from the 2025 annual accounts

Result

-€12,482 -€12,482
€93,7002024-€12,5002025

From profit to loss in 2025, after a profit of €93,671 in 2024.

Liquidity

14.82 was 1.40 in 2024

Short-term debts fell from €98,166 to €3,834.

Position in the sector

96.4%

Higher solvency than 95% of companies in creative and performing arts. Sector median 49.2% · 2,608 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 4,820 companies had the same profile as Boatmen has now. Each dot stands for 13 companies, two years later.

87.9%
were still trading
10.0%
stopped another way
2.0%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 4,820 companies, not a prediction for Boatmen. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Manager, since 12-08-2015
Manager, since 12-08-2015
  • 50%annual accounts 2017
  • 50%annual accounts 2017
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0635496785
Registered office moved from Antwerp to Ghent New registered office: Meulesteedsesteenweg 96 te 9000 Gent · Previous registered office: Lange Kievitstraat 102 te 2018 Antwerpen · Gazette deed
Registered office moved from Ghent to Antwerp New registered office: Lange Kievitstraat 102 te 2018 Antwerpen · Previous registered office: Sint-Elisabethplein 1 bus E te 9000 Gent · Gazette deed
Purpose change “Het maken,produceren,verdelen,ontwikkelen,zowel voor zichzelf als voor derden,van muziek in alle mogelijke…” (deed in Dutch) · General meeting of 02-11-2015 · Gazette deed
All 20 events

Comparable companies

same main activity, similar in size and age
Company
Boatmen Ghent €106,613 €18,690 96.4% -
Theater Gili Gili & Co Auderghem €121,021 €23,616 67.9% -
VASTBENOEMD Ghent €165,681 €20,184 13.2% -
INDIVIS Schaerbeek €136,868 €18,041 17.6% -
Woodlane Leuven €92,580 €30,631 26.2% -
FVB Watermael-Boitsfort €78,821 €27,421 86.0% -
SHOMI Brasschaat €74,338 €25,350 63.5% -

These companies have the same main activity as Boatmen: performing arts by independent artists (NACE 90201). They are comparable in size and age: total assets between €74,300 and €166,000, founded between 2013 and 2017.

Official details

Source: KBO
Status
Active since 12-08-2015Normal situation
Activity
Performing arts by independent artistsNACE 90201
Establishment unit
2.244.660.7669000 Ghent, since 12-08-2015
Financial year end
31 December
Peppol
Reachable since 09-07-2025
Company details

Annual accounts 2025

≈ €90,000estimated
€106,613▼ 50.3%
Filing
Filed on 03-07-2026, 28 days before the end of the filing period
Financials

Insights on Boatmen

Boatmen files the micro format. That format states no turnover. The gross margin fell from €57,184 in 2016 to €18,690 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Boatmen

What is the company number of Boatmen?
The company number of Boatmen is 0635.496.785. The VAT number is the same number with BE in front: BE 0635.496.785.
Where is Boatmen based?
The registered office is at Meulesteedsesteenweg 96, 9000 Ghent.Company details
What does Boatmen do?
According to the KBO register, the main activity is performing arts by independent artists (NACE 90201).
What is the legal form of Boatmen?
Boatmen is a private limited company (pre-2019) (BVBA).
When was Boatmen founded?
Boatmen was founded on 12-08-2015.
Is Boatmen still active?
Yes, Boatmen is an active enterprise in the KBO register.
What is the turnover of Boatmen?
The turnover in financial year 2025 is ≈ €90,000. This figure is estimated from the gross margin of €18,690 and 30 comparable companies (NACE 902). It probably lies between €53,000 and €160,000. It is a rough estimate.Financials
Is Boatmen profitable?
In financial year 2025, Boatmen made a loss of €12,482.
Where can I find the annual accounts of Boatmen?
Boatmen filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Boatmen due?
Boatmen must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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