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Cultuurcentrum De Grote Post

Active
Non-profit associationfounded 201214 yrs activeHendrik Serruyslaan 18A, 8400 Oostende, BelgiumKBO/BCE: BE 0843.456.372

Cultuurcentrum De Grote Post has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €917k and a net result of €107k. Equity is growing by ~24% per year across the filed fiscal years. Its solvency ranks better than 59% of 231 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Checked score

Score 2025
88 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▼-8
Solvency78▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80k at 30 days acceptable
Liquidity ample (current ratio 3.2 against 2.84 in 2024; short-term debt: 28.4% and cash: 62.3% of total assets), and 46.8% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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
Sector 90
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
53.2%
Return on assets
6.2%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 14 years 0 20 y
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 13-07-2026, 18 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
18 d early
2024
2 d early
2023
28 d early
2022
25 d early
2021
12 d early
2020
16 d early
2019
9 d early
← before the deadline after the deadline →
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 months
Position in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€107k▼ 49.6%
2024 · €211k
2018: €-67k 2019: €65k 2020: €501k 2021: €396k 2022: €-247k 2023: €-6k 2024: €211k
2018 → 2025
Working capital
€1.08M▲ 8.4%
2024 · €994k
2018: €-74k 2019: €-3k 2020: €668k 2021: €1.11M 2022: €763k 2023: €723k 2024: €994k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€852k-€605k▼ 29.0%€599k▼ 1.0%€810k▲ 35.3%€917k▲ 13.2%
Operating result€403k-€-242k€-2k▲ 99.0%€210k€109k▼ 48.3%
Net result€396k-€-247k€-6k▲ 97.6%€211k€107k▼ 49.6%
Result per fiscal year
Operating resultNet result
€-400k€-200k€0€200k€400kOperating result 2021: €403k€403kNet result 2021: €396k€396kOperating result 2022: €-242k€-242kNet result 2022: €-247k€-247kOperating result 2023: €-2k€-2kNet result 2023: €-6k€-6kOperating result 2024: €210k€210kNet result 2024: €211k€211kOperating result 2025: €109k€109kNet result 2025: €107k€107k20212022202320242025
The operating result falls in 2025; 2025 is 48% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.72M
Fixed assets €156k▲ 6.7%
Current assets €1.57M▲ 2.3%
Equity and liabilities €1.72M
Equity €917k▲ 13.2%
Provisions €308k▲ 10.8%
Debt €499k▼ 15.6%
The debt ratio falls from 35.2% to 29.0%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€163k
2024 · €263k
Cash flow
€161k
2024 · €264k
Solvency
53.2%
2024 · 48.3%
Current ratio
3.20
2024 · 2.84
Quick ratio
3.20
2024 · 2.84
Debt / equity
0.54
2024 · 0.73
ROE
11.6%
2024 · 26.1%
ROA
6.2%
2024 · 12.6%
Interest coverage
59.56
2024 · 44.27
Debt
€499k
2024 · €591k
Debt ≤ 1 year
€490k
2024 · €539k
Income taxes
€0
2024 · €577
Staff costs
€1.97M
2024 · €2.09M
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 · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€1.68M€1.72M
Formation expenses20€0-
Fixed assets21/28€146k€156k
Intangible fixed assets21-€17k
Tangible fixed assets22/27€145k€137k
Plant, machinery and equipment23€112k€108k
Furniture and vehicles24€16k€19k
Other tangible fixed assets26€17k€10k
Financial fixed assets28€2k€2k=
Current assets29/58€1.53M€1.57M
Amounts receivable within one year40/41€552k€455k
Trade receivables40€200k€165k
Other amounts receivable41€352k€290k
Cash at bank and in hand54/58€958k€1.07M
Deferred charges and accrued income490/1€23k€38k
Equity and liabilities
Total equity and liabilities10/49€1.68M€1.72M
Equity10/15€810k€917k
Reserves13€810k€917k
Provisions and deferred taxes16€278k€308k
Provisions for liabilities and charges160/5€278k€308k
Major repairs and maintenance162€258k€273k
Other liabilities and charges164/5€20k€35k
Amounts payable17/49€591k€499k
Amounts payable within one year42/48€539k€490k
Trade debts44€163k€194k
Suppliers440/4€163k€194k
Advances received on contracts in progress46€127k€52k
Taxes, remuneration and social security45€236k€232k
Taxes450/3€12k€11k
Remuneration and social security454/9€224k€221k
Accrued charges and deferred income492/3€52k€9k
Income statement Code20242025
Remuneration, social security and pensions62€2.09M€1.97M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€53k€54k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€2k€6k
Gross operating margin9900€2.45M€2.17M
Operating profit (loss)9901€210k€109k
Financial income75/76B€8k€497
Recurring financial income75€8k€497
Financial charges65/66B€6k€3k
Recurring financial charges65€6k€3k
Profit (loss) for the period before taxes9903€212k€107k
Income taxes67/77€577€0
Profit (loss) for the period9904€211k€107k
Profit (loss) for the period to be appropriated9905€211k€107k
Appropriation of the result
Profit (loss) to be appropriated9906€211k€107k
From contributions791€0-
To contributions691€211k€107k
Social balance
Average headcount (FTE)908731.931.2

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
13-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
20-08
NBB filing Annual accounts filed
fiscal year 2024 · full schema
29-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Back to profitnet €211k
Net result €211k after 2 loss-making years.
03-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
06-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial Weakest financial yearnet €-247k ▼162%
Net result drops to €-247k, the lowest in the series; recovery starts the following year.
19-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Equity above €500kEq €852k ▲86.9%
3 profitable years in a row build equity to €852k.
15-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Highest result since 2018net €501k ▲669%
Operating result €503k, net result €501k, both a record.
31-12
Financial Liquidity triplescurrent ratio 3.04
Current ratio from 0.99 to 3.04; short-term debt falls from €530k to €327k.
31-12
Financial Equity above €200kEq €456k
2 profitable years in a row build equity to €456k.
22-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial Back to profitnet €65k
Net result €65k after one loss-making year.
27-06
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
14-06
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
11 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, Oostende · 1 establishment unit since 2012
establishment The establishment unit on the map
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.

Hendrik Serruyslaan 18A8400 Oostende
Ground area
2,925 m²
Building footprint
2,882 m²
Volume, LiDAR
53,629 m³
2 parcels, Flanders · tallest building 30.9 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
Cultuurcentrum De Grote Post
Hendrik Serruyslaan 18, 8400 OostendeArts creation and performing arts activities
since 20122.208.928.342
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
35013A1010/00D000
ProtectedMonumentPostgebouwSource ↗
Flanders 2,840 m² 1 · 2,798 m² 30.9 m · 7 fl.
35013A0966/00C000 Flanders 85 m² 1 · 83 m² 24.6 m · 6 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
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 (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).

Public money · subsidies and aid

Flemish government

2022 to 2025 · 4 entries · 94,161 EUR awarded · 85,011 EUR paid
Year Entries awardedpaid
2025 1 16,505 EUR14,855 EUR
2023 2 75,270 EUR67,770 EUR
2022 1 2,386 EUR2,386 EUR
Schemes
Professionele kunsten: Projectsubsidie voor een initiatief van een kunstenaar, een kunstwerker of een kunstenorganisatie (Kunstendecreet 2021)
2 entries · 91,505 EUR · 82,355 EUR paid · Departement Cultuur, Jeugd en Media
Vlaams opleidingsverlof (VOV)
1 entry · 2,386 EUR · 2,386 EUR paid · Departement Werk en Sociale Economie
Cultuur en Jeugd: Investeringssubsidie voor het bouwen, uitbreiden of verbouwen van cultuur- of jeugdinfrastructuur met bovenlokaal belang in het kader van de sectorale prioriteiten (Programmadecreet 1998)
1 entry · 270 EUR · 270 EUR paid · Departement Cultuur, Jeugd en Media

Recognitions · licences · registrations

Dual-learning approval

2 ended

Similar companies · same sector, comparable size

Of 641 companies in sector 90312 we hold annual accounts for 227. 158 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formNon-profit association
Founded30-01-2012
Fiscal year end31-12
Activities, NACEBEL
90312Arts creation and performing arts activities
56301Cafés and bars
73110Advertising agencies
90021Arts creation and performing arts activities
90029Arts creation and performing arts activities
90032Arts creation and performing arts activities
90120Visual arts creation
90391Promotion and organisation of arts and performing arts events
90399Other support activities for arts and performing arts
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers

Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.