Result
€742,008 ▲ 201%
The result rose in 2025 from €246,530 to €742,008.
Central
Lifetime
19 annual accounts with figures on one time axis, 20 filings since 2006peak €3.4m (2025)
€3.4m▲ 2.8%
lowest -€289,343 (2018)
€742,008▲ 201%
peak €1.1m (2025)
€1.1m▲ 236%
€968,272▲ 10.1%
peak 40.2 FTE (2008)
34.3 FTE▼ 1.7%
Board210 names since 2001all names
42 directorsBECHET Christine and 41 others
Documentsfilings and deeds
26-06-202635 days before the deadline
2025financial year
Turnover from €452,131 to €364,448Result from €246,530 to €742,008Appointment: VERLINDEN Caroline (chambre publique) 31-10Appointment: VERLINDEN Caroline (director) 31-10Registered office moved within La Louvière 31-1027 directors appointed, 23 resignations 26-08
Key points
from the 2025 annual accountsStaff
45 employees on 31-12-2025
In 2025, 290 people joined and 286 left.
Payment terms
93 days to suppliers
Central pays its suppliers 20 days later than in 2024. Customers pay 20 days earlier.
Filings
20 annual accounts since 2006
Three of the last ten came late. The 2023 accounts came latest: 29 days after the end of the period.
Board
2 joined · 1 left
Board changed. Latest change 21-05-2026 · 43 in office.
Public support
€5.7m paid from 2021 to 2025
Wallonia-Brussels support, mostly Conventions et contrats programmes indexés dans le domaine des centres culturels.
Checked score
96
Excellent
Financially stronger than 71% of small companies in creative and performing arts (NACE 90)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: < 0.1% across 225 companies (NACE 90, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025highest value
04-2025: < 0.1%● unchanged vs 03-2025highest value
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025lowest value
08-2025: < 0.1%● unchanged vs 07-2025lowest value
09-2025: < 0.1%● unchanged vs 08-2025lowest value
10-2025: < 0.1%● unchanged vs 09-2025lowest value
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
1 change of registered office in 24 months
Size: turnover €364,448, 34.3 FTE, total assets €2.0m
lowers risk
Legal form: non-profit association
Liquidity: current ratio 2.53, cash €1.5m
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 90, small). It does better than 61% of them on solvency, 70% on liquidity, 99% on profitability and 55% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 20,137 companies had the same profile as Central has now. Each dot stands for 51 companies, two years later.
95.0%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
That fits the bankruptcy probability of Central itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 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.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 20,137 companies, not a prediction for Central. 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
Credit of up to €35,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.53 (1.69 in 2024), above the usual 1.5. Short-term debt is 38.7% and cash 75.1% of total assets. 47.9% of the assets are financed with debt and provisions.
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Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 26-06-2026, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
35 days early
2024
34 days early
2023
29 days late
2022
47 days early
2021
34 days early
2020
32 days early
2019
24 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 18 days before the deadline. In the sector (NACE 90), the median for financial year 2024 was 3 days before the deadline, and 38% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Merger proposal: Central takes over Décrocher la lune
Appointment: Bernard Rousseaux (company auditor) · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0418527977
Amendment of the articles
General meeting of 17-06-2026 · Gazette deed
2 directors appointed, 1 resignation
Appointments: WATERLOT Philippe and MUSHOBEKWA Feza · Resignation: MICHIELS Jean-Pierre · General meeting of 21-05-2026 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Central La Louvière | €0.4m | - | 52.1% | 34.3 |
| ROSAS Forest | - | - | 22.8% | 38.1 |
| Centre d'Art Vocal Et de Musique Ancienne Namur | - | - | 50.8% | 25.3 |
| Le Public Saint-Josse-ten-Noode | - | - | 2.7% | 43.1 |
| ATELIER THEATRE JEAN VILAR - OTTIGNIES-LOUVAIN-LA-NEUVE - CENTRE DRAMATIQUE DU BRABANT WALLON Ottignies-Louvain-la-Neuve | €4.9m | -1.8% | 42.6% | 27.6 |
| Kunstencentrum De Studio - Villanella Antwerp | - | - | 38.8% | 24 |
| Kunstencentrum Nona Mechelen | €0.7m | -2.9% | 60.6% | 18.5 |
These companies have the same main activity as Central: performing arts by artistic ensembles (NACE 90202). They are comparable in size and age: total assets between €1.9m and €4.8m, founded between 1976 and 1994.
Official details
Source: KBO- Status
- Active since 16-11-1977Normal situation
- Activity
- Performing arts by artistic ensemblesNACE 90202and 1 other
- Joint committee
- 329.02Socio-cultural sector · annual accounts 2023
- Establishment unit
- 2.155.350.4907100 La Louvière, since 16-11-1977
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Annual accounts 2025
- €2.0m▲ 69.5%
- Employeeson 31-12-2025
- 45▲ 9.8%
- Filing
- Filed on 26-06-2026, 35 days before the end of the filing period
Insights on Central
Central has existed since 1977. The gross margin grew from €1.5m in 2007 to €3.4m in 2025.
Solvency rose in 2025 from 26.2% to 52.1% because of the retained profit.
In August 2025, 22 directors stepped down.
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 Central
- What is the company number of Central?
- The company number of Central is 0418.527.977. The VAT number is the same number with BE in front: BE 0418.527.977.
- Where is Central based?
- The registered office is at Place Communale (L.L) 22, 7100 La Louvière.Company details
- What does Central do?
- According to the KBO register, the main activity is performing arts by artistic ensembles (NACE 90202).
- What is the legal form of Central?
- Central is a non-profit association (VZW).
- When was Central founded?
- Central was founded on 16-11-1977.
- Is Central still active?
- Yes, Central is an active enterprise in the KBO register.
- How many employees does Central have?
- Central had an average of 34.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Central fall under?
- In its 2023 annual accounts, Central states joint committee 329.02 (Socio-cultural sector).
- What is the turnover of Central?
- The turnover of Central was €364,448 in financial year 2025, according to the filed annual accounts.
- Is Central profitable?
- In financial year 2025, Central made a profit of €742,008.
- Where can I find the annual accounts of Central?
- Central filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Central due?
- Central must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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