CAMPO
ActiveSummary
CAMPO has been active since 1982 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €443,832 and a net result of €163,719. Equity is growing by ~4.1% per year across the filed fiscal years. Its solvency ranks better than 47% of 542 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability88▲+4
Solvency66▲+13
Growth78=
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35,000 at 30 days acceptable
Liquidity ample (current ratio 2.84 against 1.85 in 2024; short-term debt: 23% and cash: 7.5% of total assets), but 59.1% of the assets are financed with debt.
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Signals
Six 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
Arts creation and performing arts activities (NACE 90)
about 58% fewer bankruptcies
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
40.9%
Return on assets
15.1%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-04-2026, 92 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
92 d early
2024
92 d early
2023
104 d early
2022
104 d early
2021
62 d early
2020
96 d early
2019
32 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 83 days before the deadline; the sector median for financial year 2024 is 4 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€443,832▲ 49.2%
2024 · €297,529
Total assets
€1.1m▲ 1.9%
2024 · €1.1m
Net result
€163,719▲ 28.7%
2024 · €127,190
Working capital
€460,173▲ 49.3%
2024 · €308,316
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 90, Arts creation and performing arts activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€222,404▲ 73.3%-€116,916-€241,780▼ 107%€134,597€168,389▲ 25.1%
Net result€219,721above the sector's middle half▲ 81.0%-€120,296below the sector's middle half-€250,001below the sector's middle half▼ 108%€127,190within the sector's middle half€163,719above the sector's middle half▲ 28.7%
Equity€597,476within the sector's middle half▲ 49.5%€455,175within the sector's middle half▼ 23.8%€187,757within the sector's middle half▼ 58.8%€297,529within the sector's middle half▲ 58.5%€443,832within the sector's middle half▲ 49.2%
Total assets€1.4mwithin the sector's middle half▲ 53.8%€1.2mwithin the sector's middle half▼ 14.4%€1.1mwithin the sector's middle half▼ 4.0%€1.1mwithin the sector's middle half▼ 4.9%€1.1mwithin the sector's middle half▲ 1.9%
Debt€715,993▲ 77.5%€712,555▼ 0.5%€933,284▲ 31.0%€754,621▼ 19.1%€642,412▼ 14.9%
Working capital€524,713above the sector's middle half▲ 346%€289,999within the sector's middle half▼ 44.7%€70,301within the sector's middle half▼ 75.8%€308,316within the sector's middle half▲ 339%€460,173above the sector's middle half▲ 49.3%
Solvency43.8%within the sector's middle half▼ 1.3pp39.0%within the sector's middle half▼ 4.8pp16.7%within the sector's middle half▼ 22.2pp27.9%within the sector's middle half▲ 11.2pp40.9%within the sector's middle half▲ 12.9pp
Current ratio2.55within the sector's middle half▲ 0.991.73within the sector's middle half▼ 0.811.12within the sector's middle half▼ 0.611.85within the sector's middle half▲ 0.732.84within the sector's middle half▲ 0.99
Return on assets (ROA)16.1%above the sector's middle half▲ 2.4pp-10.3%below the sector's middle half▼ 26.4pp-22.3%below the sector's middle half▼ 12.0pp11.9%within the sector's middle half▲ 34.2pp15.1%above the sector's middle half▲ 3.1pp
Staff (FTE)18.7above the sector's middle half▲ 10.7%18.6above the sector's middle half▼ 0.5%21.3above the sector's middle half▲ 14.5%17.8above the sector's middle half▼ 16.4%17.9above the sector's middle half▲ 0.6%
above
within
below
the middle half (P25 to P75) of NACE 90, Arts creation and performing arts activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 25% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.1m
Fixed assets
€375,925 ▼ 5.0%
Current assets
€710,319 ▲ 6.0%
Equity and liabilities €1.1m
Equity
€443,832 ▲ 49.2%
Provisions
€0 ▼ 100%
Debt
€642,412 ▼ 14.9%
Debt's share of the balance-sheet total falls from 70.8% to 59.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€224,174▲
2024 · €183,518
Cash flow
€219,504▲
2024 · €176,111
Quick ratio
2.83▲
2024 · 1.84
Debt to equity
1.45▼
2024 · 2.54
ROE
36.9%▼
2024 · 42.7%
Interest coverage
45.19▲
2024 · 24.00
Debt ≤ 1 year
€250,145▼
2024 · €361,763
Staff costs
€1.4m▼
2024 · €1.4m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,129 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 20,129 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €1.3m | €1.6m | €1.6m | €1.4m | €1.4m | ▼ 0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €59,395 | €55,566 | €53,954 | €48,921 | €55,785 | ▲ 14.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €11,187 | -€11,187 | - | - | - | - |
| Other operating charges640/8 | €14,838 | €11,004 | €20,489 | €23,818 | €40,040 | ▲ 68.1% |
| Non-recurring operating charges66A | - | - | €1,225 | €40,211 | €11,334 | ▼ 71.8% |
| Gross operating margin9900 | €1.5m | €1.5m | €1.4m | €1.7m | €1.7m | ▼ 0.1% |
| Operating profit (loss)9901 | €222,404 | -€116,916 | -€241,780 | €134,597 | €168,389 | ▲ 25.1% |
| Financial income75/76B | €1,966 | €285 | €116 | €240 | €291 | ▲ 21.3% |
| Recurring financial income75 | €1,966 | €285 | €116 | €240 | €291 | ▲ 21.3% |
| Financial charges65/66B | €4,649 | €3,665 | €8,337 | €7,647 | €4,961 | ▼ 35.1% |
| Recurring financial charges65 | €4,649 | €3,665 | €8,337 | €7,647 | €4,961 | ▼ 35.1% |
| Profit (loss) for the period before taxes9903 | €219,721 | -€120,296 | -€250,001 | €127,190 | €163,719 | ▲ 28.7% |
| Profit (loss) for the period9904 | €219,721 | -€120,296 | -€250,001 | €127,190 | €163,719 | ▲ 28.7% |
| Profit (loss) for the period to be appropriated9905 | €219,721 | -€120,296 | -€250,001 | €127,190 | €163,719 | ▲ 28.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.4m | €1.2m | €1.1m | €1.1m | €1.1m | ▲ 1.9% |
| Fixed assets21/28 | €500,526 | €481,529 | €473,797 | €395,589 | €375,925 | ▼ 5.0% |
| Tangible fixed assets22/27 | €498,486 | €471,989 | €448,955 | €374,453 | €363,733 | ▼ 2.9% |
| Land and buildings22 | €495,258 | €468,575 | €438,100 | €369,879 | €352,122 | ▼ 4.8% |
| Plant, machinery and equipment23 | €3,228 | €1,714 | €10,005 | €4,574 | €11,612 | ▲ 154% |
| Furniture and vehicles24 | - | €1,700 | €850 | - | - | - |
| Financial fixed assets28 | €2,040 | €9,540 | €24,842 | €21,136 | €12,191 | ▼ 42.3% |
| Current assets29/58 | €864,117 | €686,201 | €647,244 | €670,079 | €710,319 | ▲ 6.0% |
| Stocks and contracts in progress3 | €3,002 | €1,195 | €2,226 | €2,970 | €2,853 | ▼ 4.0% |
| Stocks30/36 | €3,002 | €1,195 | €2,226 | €2,970 | €2,853 | ▼ 4.0% |
| Amounts receivable within one year40/41 | €596,842 | €628,627 | €541,086 | €583,021 | €526,441 | ▼ 9.7% |
| Trade receivables40 | €41,457 | €88,214 | €117,349 | €112,096 | €70,377 | ▼ 37.2% |
| Other amounts receivable41 | €555,385 | €540,413 | €423,737 | €470,925 | €456,063 | ▼ 3.2% |
| Cash at bank and in hand54/58 | €264,273 | €43,921 | €20,581 | €16,649 | €81,451 | ▲ 389% |
| Deferred charges and accrued income490/1 | - | €12,458 | €83,351 | €67,439 | €99,574 | ▲ 47.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.4m | €1.2m | €1.1m | €1.1m | €1.1m | ▲ 1.9% |
| Equity10/15 | €597,476 | €455,175 | €187,757 | €297,529 | €443,832 | ▲ 49.2% |
| Reserves13 | €314,727 | €258,846 | €236,714 | €181,937 | €225,937 | ▲ 24.2% |
| Profit (loss) carried forward14 | €98,862 | €34,447 | -€193,422 | -€11,455 | €108,265 | ▲ 1,045% |
| Investment grants15 | €183,887 | €161,882 | €144,465 | €127,047 | €109,630 | ▼ 13.7% |
| Provisions and deferred taxes16 | €51,174 | - | - | €13,518 | - | - |
| Provisions for liabilities and charges160/5 | €51,174 | - | - | €13,518 | - | - |
| Other liabilities and charges164/5 | €51,174 | - | - | €13,518 | - | - |
| Amounts payable17/49 | €715,993 | €712,555 | €933,284 | €754,621 | €642,412 | ▼ 14.9% |
| Amounts payable after more than one year17 | €12,500 | €2,500 | - | - | - | - |
| Financial debts170/4 | €12,500 | €2,500 | - | - | - | - |
| Amounts payable within one year42/48 | €339,404 | €396,202 | €576,943 | €361,763 | €250,145 | ▼ 30.9% |
| Current portion of amounts payable after more than one year42 | €12,500 | €10,000 | €77,500 | - | - | - |
| Financial debts43 | - | €28,509 | €159,489 | €68,378 | - | - |
| Credit institutions430/8 | - | €28,509 | €159,489 | €68,378 | - | - |
| Trade debts44 | €73,912 | €72,205 | €40,239 | €65,269 | €62,366 | ▼ 4.4% |
| Suppliers440/4 | €73,912 | €72,205 | €40,239 | €65,269 | €62,366 | ▼ 4.4% |
| Taxes, remuneration and social security45 | €246,639 | €285,488 | €299,715 | €228,116 | €187,780 | ▼ 17.7% |
| Taxes450/3 | €38,982 | €55,926 | €39,548 | €38,625 | €32,752 | ▼ 15.2% |
| Remuneration and social security454/9 | €207,657 | €229,562 | €260,167 | €189,491 | €155,028 | ▼ 18.2% |
| Accrued charges and deferred income492/3 | €364,089 | €313,853 | €356,341 | €392,858 | €392,267 | ▼ 0.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €219,721 | -€120,296 | -€250,001 | €127,190 | €163,719 | ▲ 28.7% |
| + Depreciation and write-downs630 | €59,395 | €55,566 | €53,954 | €48,921 | €55,785 | ▲ 14.0% |
| Operating cash flow (approximation) | €279,116 | -€64,730 | -€196,047 | €176,111 | €219,504 | ▲ 24.6% |
| Investment in fixed assets (approximation) | - | -€36,569 | -€46,222 | €29,287 | -€36,121 | ▼ 223% |
| Change in cash | - | -€220,352 | -€23,340 | -€3,932 | €64,802 | ▲ 1,748% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €127,190
Net result €127,190 after 2 loss-making years.
31-12
Financial
Equity above €200,000Eq €297,529 ▲58.5%
Equity rises from €187,757 to €297,529.
18-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet -€250,001
Net result drops to -€250,001, the lowest in the series; recovery starts the following year.
18-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €219,721 ▲81%
Operating result €222,404, net result €219,721, both a record.
31-12
Financial
Equity above €500,000Eq €597,476 ▲49.5%
3 profitable years in a row build equity to €597,476.
26-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Liquidity doublescurrent ratio 1.56
Current ratio from 0.68 to 1.56; short-term debt falls from €590,228 to €209,691.
Show earlier events
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €79,135
Net result €79,135 after one loss-making year.
23-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
18-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
9 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, Gent · 2 establishment units since 2006
Ground area
1,863 m²
Building footprint
284 m²
Volume, LiDAR
616 m³
2 parcels, Flanders · tallest building 13.8 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
Nieuwpoorttheater
since 20062.155.721.565
CAMPO victoria
since 20232.348.086.621
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44021A1069/00L000 | Flanders | 1,323 m² | 1 · 221 m² | - |
| 44802B1032/00E000 | Flanders | 540 m² | 1 · 63 m² | 13.8 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 11 entries · 6,135,854 EUR awarded · 5,971,083 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 3 | 1,608,328 EUR | 1,594,750 EUR |
| 2024 | 2 | 1,589,085 EUR | 1,568,266 EUR |
| 2023 | 4 | 1,514,701 EUR | 1,509,683 EUR |
| 2022 | 2 | 1,423,740 EUR | 1,298,384 EUR |
Schemes
Recognitions · licences · registrations
Food safety, FASFC
2 sitesGent2.155.721.565
Gent2.348.086.621
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Of 368 companies in sector 90311 we hold annual accounts for 156. 102 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formNon-profit association
Founded02-12-1982
Fiscal year end31-12
Activities, NACEBEL 2025
90311Arts creation and performing arts activities
Contact
E-mail
info@campo.nuGent
E-invoicing
Reachable via Peppol
Peppol ID
0208:0424376582
Registered
29-11-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.