Active BE 0785.341.692Non-profit association

Bubbelpop vzw

Grote Baan 169 ·9310 Aalst, Belgium· 4 yrs active

Sector: Promotie en organisatie van scheppende en uitvoerende kunstevenementen (90391)

Conclusion Checked

The computed 12-month bankruptcy probability of Bubbelpop vzw is < 0.1% (very low). The 2024 annual accounts show equity of €4k and a net result of €2k. Equity is growing by ~76.5% per year across the filed fiscal years. Its solvency ranks better than 95% of 623 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 3 annual accounts.

Key figures

Equity	€4k
Net result	€2k
Better than sector	95%
Active	4 yrs

Snowflake analysis 5 of 5 axes measured · computed by Checked

86 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 68

Profitability 92

Solvency 100

Growth 78

Stability 94

Bankruptcy probability (12 mo) Checked model v1 · free

< 0.1% Very low

0%0,5%1,5%4%10%≥25%

Lower-risk legal form −Lower-failure-rate sector −Young company +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

More than 3 years active

Founded in 2022, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2024 · computed

68 / 100 Healthy

050100

Computed from 3 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Financial overview3 NBB filings

Annual accounts filed on 15-05-2025 with the NBB · fiscal year 2024 · micro

RevenueOperating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

growing Equity: growth of ~76.5%/year over 3 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2024 · NACE 90 · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	100.0%	45.7%	better than 95% of 623 sector peers
Net result	€2k	€8k	better than 36% of 623 sector peers
Equity	€4k	€29k	better than 21% of 624 sector peers
Gross operating margin	€2k	€23k	better than 22% of 623 sector peers
Total assets	€4k	€75k	better than 5% of 623 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Revenue

€17k

+80.5% 22-24

Net profit

€2k

+1641.2% 22-24

Total assets

€4k

+144.6% 22-24

Equity

€4k

+144.6% 22-24

Income taxes

€0

- 22-24

Solvency

100.0%

0.0% 22-24

ROE

59.1%

+611.9% 22-24

ROA

59.1%

+611.9% 22-24

Net margin

12.0%

+864.8% 22-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	micro
Revenue	€17k
EBITDA	-
Net profit	€2k
Cash flow	-
Staff costs	-
Income taxes	-
Dividends	-
Total assets	€4k
Equity	€4k
Debt	-
of which ≤ 1y	-
of which > 1y	-
Working capital	-
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	-
Quick ratio	-
Working capital ratio	-
Solvency	100.0%
Debt / equity	-
Long-term debt ratio	-
Interest coverage	-
Gross margin	12.0%
Net margin	12.0%
ROA	59.1%
ROE	59.1%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€4k
Current assets	29/58	€4k
Cash & bank	54/58	€4k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€4k
Equity	10/15	€4k
Accumulated profits (losses)	14	€4k
Income statement
Turnover	70	€17k
Gross operating margin	9900	€2k
Operating result	9901	€2k
Result before taxes	9903	€2k
Net result for the period	9904	€2k
Result to be appropriated	9905	€2k

You are seeing the latest fiscal year only. 2 prior years (figures + ratios) are in a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates 2 directors

Former directors (2)

Bollaert Hannes
Director
State Gazette act 25094177 (23-07-2025)

Former
- → 23-07-2025
Vandendorpe Ann-Sophie
Director
State Gazette act 25094177 (23-07-2025)

Former
- → 23-07-2025

Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Legal Structure

NACE primary	Promotie en organisatie van scheppende en uitvoerende kunstevenementen(90391)
Legal form	Non-profit association(017)
Incorporation	22-04-2022
Status	Active
Postal code	9310

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
41026A0311/00V004	Flanders	125 m²	1 · 125 m²	9.2 m · 2 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 5 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

23-07-2025

State Gazette act Director changes

15-05-2025

NBB filing Annual accounts filed

fiscal year 2024 · micro

2024

12-05-2024

NBB filing Annual accounts filed

fiscal year 2023 · micro

29-02-2024

State Gazette act Registered-office change

2023

20-03-2023

NBB filing Annual accounts filed

fiscal year 2022 · micro

Belgisch Staatsblad, acts 2 acts

Address history · 1

29-02-2024

Registered-office move

All acts · 2 updated 1 year ago

2025

23-07-2025 2 resigning Director changes

Bollaert Hannes, Bestuurder
Vandendorpe Ann-Sophie, Bestuurder

Original publication ↗

Technical details

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2024

29-02-2024 Registered office moved from Denderleeuw to Herdersem Registered-office change

Steenweg 86, 9473 Denderleeuw (Welle), België → Grote Baan 169, 9310 Herdersem, België

Original publication ↗

Technical details

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Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Activities

Promotie en organisatie van uitvoerende kunstevenementen90021Promotie en organisatie van scheppende en uitvoerende kunstevenementen90391

Primary activity highlighted.

Names & trade names

Legal nameNL

Bubbelpop vzw

Registered office

Grote Baan 169

9310 Aalst, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

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