BRUSSELS KUNSTENOVERLEG
ActiveBRUSSELS KUNSTENOVERLEG has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2022 annual accounts show equity of €33k and a net result of €20k. Equity is shrinking by ~4.1% per year across the filed fiscal years. Its solvency ranks better than 24% of 463 sector peers (fiscal year 2022). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2022
86
/ 100
Excellent▲ +34 vs 2021
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2021
Profitability100▲+100
Solvency86▲+22
Growth78▲+46
Stability100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days only on tighter terms
Liquidity ample (current ratio 6.49 against 3.01 in 2021), but 63.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 94
Relative position
BE, all sectors
reference
Sector 94
lower
← fewer bankruptcies
more bankruptcies →
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 2022Solvency, return and age of the figures
Solvency
36.4%
Return on assets
21.6%
Age of the figures
45 mo
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 · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline16-09-2026 today
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 29-09-2023, 60 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
60 d late
2021
122 d early
2020
45 d early
2019
67 d early
← before the deadline
after the deadline →
Financials · fiscal year 2022, abbreviated schema
Equity
€33k▲ 146%
2021 · €13k
2019: €31k
2020: €28k
2021: €13k
2019 → 2022
Total assets
€91k▼ 8.0%
2021 · €99k
2019: €115k
2020: €95k
2021: €99k
2019 → 2022
Net result
€20k
2021 · €-15k
2019: €-2k
2020: €-3k
2021: €-15k
2019 → 2022
Working capital
€77k▲ 16.5%
2021 · €66k
2019: €102k
2020: €79k
2021: €66k
2019 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2019202020212022Trend
Equity€31k-€28k▼ 9.5%€13k▼ 52.9%€33k▲ 146%
Operating result€-1k-€-3k▼ 99.6%€-15k▼ 412%€20k
Net result€-2k-€-3k▼ 57.3%€-15k▼ 401%€20k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2022: €20k after a loss of €15k in 2021, the highest year so far.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Equity and liabilities €91k
Equity
€33k▲ 146%
Provisions
€24k=
Debt
€33k▼ 45.1%
The debt ratio falls from 61.8% to 36.8%: equity grows while debt is paid down.
Key figures and ratios
Solvency
36.4%▲
2021 · 13.6%
Current ratio
6.49▲
2021 · 3.01
Quick ratio
6.49▲
2021 · 3.01
Debt / equity
1.01
ROE
59.4%▲
2021 · -112.2%
ROA
21.6%▲
2021 · -15.2%
Debt
€33k▼
2021 · €61k
Debt ≤ 1 year
€14k▼
2021 · €33k
Staff costs
€49k
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 · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€99k€91k▼
Current assets29/58€99k€91k▼
Amounts receivable within one year40/41€15k€33k▲
Trade receivables40-€14k
Other amounts receivable41-€19k
Cash at bank and in hand54/58€78k€55k▼
Deferred charges and accrued income490/1-€2k
Equity and liabilities
Total equity and liabilities10/49€99k€91k▼
Equity10/15€13k€33k▲
Profit (loss) carried forward14€13k€33k▲
Provisions and deferred taxes16€24k€24k=
Provisions for liabilities and charges160/5-€24k
Pensions and similar obligations160-€24k
Amounts payable17/49€61k€33k▼
Amounts payable within one year42/48€33k€14k▼
Trade debts44€29k€11k▼
Suppliers440/4-€11k
Taxes, remuneration and social security45-€3k
Remuneration and social security454/9-€3k
Accrued charges and deferred income492/3-€19k
Income statement
Code20212022
Remuneration, social security and pensions62-€49k
Other operating charges640/8-€76
Gross operating margin9900€78k€69k▼
Operating profit (loss)9901€-15k€20k▲
Recurring financial income75€8-
Financial charges65/66B-€158
Recurring financial charges65€238€108▼
Non-recurring financial charges66B-€50
Profit (loss) for the period before taxes9903€-15k€20k▲
Profit (loss) for the period9904€-15k€20k▲
Profit (loss) for the period to be appropriated9905€-15k€20k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€33k
Profit (loss) brought forward from the previous period14P-€13k
Social balance
Average headcount (FTE)9087-0.8
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 60 days late
2022
31-12
Financial
Back to profitnet €20k
Net result €20k after 3 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 6.49
Current ratio from 3.01 to 6.49; short-term debt falls from €33k to €14k.
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €-15k
Net result drops to €-15k, the lowest in the series; recovery starts the following year.
16-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
25-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2017
07-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
30-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
05-10
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 66 days late
2014
15-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
10-06
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
13-08
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 13 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
06-05-2025
Ancienne Belgique: Resigned as Director
06-05-2025
Cultureel Animatiecentrum Beursschouwburg: Resigned as Director
06-05-2025
EhB School of Arts RITCS: Resigned as Director
06-05-2025
Kunstenwerkplaats: Resigned as Director
06-05-2025
Passa Porta NL: Resigned as Director
06-05-2025
Vlaams Huis voor Amateurkunsten in Brussel: Resigned as Director
05-06-2024
FLAGEY: Resigned as Director
05-06-2024
Gemeenschapscentrum De Vaartkapoen: Resigned as Director
20-03-2023
Interactive Media Art Laboratory (iMal): Resigned as Director
06-05-2022
Ancienne Belgique: Resigned as Director
06-05-2022
Cultureel Animatiecentrum Beursschouwburg: Resigned as Director
06-05-2022
ehb RITCS: Resigned as Director
06-05-2022
Kunstensteunpunt: Resigned as Director
06-05-2022
Moussem vzw: Resigned as Director
06-05-2022
Pianofabriek: Resigned as Director
22-01-2018
De Coster, Peter: Resigned as Director
22-01-2018
Devriendt, Emmanuel: Resigned as Director
22-01-2018
Valérie Wolters: Resigned as Director
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2007
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.
Sainctelettesquare 191000 BrusselGround area
67 m²
Building footprint
423 m²
Volume, LiDAR
10,754 m³
Parcel 21814P0236/00B003, Brussels · tallest building 30.2 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
BRUSSELS KUNSTENOVERLEG
since 20072.159.177.339
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21814P0236/00B003 | Brussels | 67 m² | 1 · 423 m² | 30.2 m · 9 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.
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Of 3,127 companies in sector 94999 we hold annual accounts for 706. 329 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formNon-profit association
Founded15-11-2002
Fiscal year end31-12
Activities, NACEBEL
94999Other membership organisations
Sources
Crossroads Bank for EnterprisesNational Bank · 10 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.