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Court-Circuit

Active Risk: very low
Non-profit associationfounded 1992active for 34 yearsAvenue Cardinal Mercier 24, 5000 Namur, BelgiumKBO/BCE: BE 0449.970.231
Summary

Court-Circuit has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals. The 2013 annual accounts show equity of €120,952 and a net result of €55,103. The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Promotion and organisation of arts and performing arts events
NACE 90391
1 site
Size
€31,520turnover 2013
Staff
2 FTE
Equity
€120,952
Surplus
€55,103
Financial health
Bankruptcy probabilitywithin 12 months
< 0.1%
2013 figures too old to score
Structure
Board
7 members
Accounts filed 14 days late
Signalsraises riskFigures for financial year 2013 (filed 20-08-2014)1 change of registered office in 24 monthslowers riskLegal form: non-profit associationLiquidity: current ratio 4.36, cash €97,356neutralFiled after the deadlineShow the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2013 are too old to assess current financial health.
Financial strength, FY 2013
Strong
Solvency 96
equity 71.5% of total assets
Liquidity 93
short-term debt 21.4% · cash 57.5%
Profitability 100
return on assets 32.6%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (3,418 companies, NACE 90, micro)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 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 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026highest value 10-2026: < 0.1%● unchanged vs 09-2026highest value
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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Legal form: non-profit association
KBO
raises risk · Figures for financial year 2013 (filed 20-08-2014)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Liquidity: current ratio 4.36, cash €97,356
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2013 was due by 31-07-2014 and was filed on 14-08-2014, 14 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2013
14 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Admissions: Centre culturel de Chênée, KulturA…Registered-office move · Power of…
  2. Amendment of the articlesGazette deed
  3. Admissions: Didier Gosset, Vassilia Vanderheyden and…Resignations: Marie-Laurence Dubois, Nathalie De…

Key points

  • Wallonia-Brussels supportpaid from 2023 to 2025 €1.6m View
  • Active since 1992founded 17-06-1992 34 years View
  • Board7 directors in office 7 View

By topic

Financials

Financial year
2013
Turnover
€31,520
Profit
€55,103
Solvency
71.5%
Go to Financials

Board & ownership

Board
7 members
  • Royen MulengaChair
  • Morgane dan den HeuvelDirector
  • Anne HarpignyDirector
  • Frédéric MaréchalDirector
  • HENRION PhilippeDirector

and 2 other directors

Go to Board & ownership

Timeline

Events
19
Since
2004
  1. 11-07-2024Resignations: Morgane van den Heuvel (director) and…
  2. 11-05-2023Resignations: Céline Magain, Rockerill asbl and 3…
  3. 11-07-2022Resignation: DEGUELDRE Michel (director)
Go to Timeline

Company details

Sites
1
Legal form
Non-profit association
Activity
Promotion and organisation of arts and performing arts…NACE 90391
Founded
17-06-1992
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
43
Purpose
“La représentation de ses membres et la défense de leurs intérêts de façon générale, et…” (deed in French)
Go to Articles of association

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