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Damaged Goods

Active
Non-profit associationfounded 199432 yrs activeScheikundigestraat 34, 1070 Anderlecht, BelgiumKBO/BCE: BE 0452.971.984
Summary

Damaged Goods has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €89,020 and a net result of €42,138. Equity is shrinking by ~4.9% per year across the filed fiscal years. Its solvency ranks better than 47% of 621 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Overview

Activity
Performing arts by artistic ensembles
NACE 90202NACE 90012NACE 92312
1 site
Size
€225,720total assets 2025
Staff
7.9 FTE
Equity
€89,020
Profit
€42,138
Financial health
95 Excellent Checked score 2025
Bankruptcy chance 12 m
< 0.1%
Structure
Accounts 63 d early1 of 6 deeds read
Why 95- Size: 7.9 FTE, total assets €225,720+ Legal form Non-profit association+ Liquidity: current ratio 1.96, cash €41,870+ Founded in 1994Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Better than 63% of its sector peers (NACE 90, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency 64+17
equity 39.4% of total assets
Liquidity 51+17
short-term debt 44.8% · cash 18.5%
Profitability 92+22
return on assets 18.7%
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% (3,411 companies)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● 0.0% vs 11-2024 01-2025: 0.1%● 0.0% vs 12-2024 02-2025: 0.1%● 0.0% vs 01-2025 03-2025: 0.1%● 0.0% vs 02-2025 04-2025: 0.1%● 0.0% vs 03-2025 05-2025: 0.1%▲ +1.6% vs 04-2025highest value 06-2025: < 0.1%▼ -46.0% vs 05-2025 07-2025: < 0.1%● 0.0% vs 06-2025 08-2025: < 0.1%● 0.0% vs 07-2025 09-2025: < 0.1%● 0.0% vs 08-2025 10-2025: < 0.1%● 0.0% vs 09-2025 11-2025: < 0.1%● 0.0% vs 10-2025 12-2025: < 0.1%● 0.0% vs 11-2025 01-2026: < 0.1%● 0.0% vs 12-2025 02-2026: < 0.1%● 0.0% vs 01-2026 03-2026: < 0.1%● 0.0% vs 02-2026 04-2026: < 0.1%● 0.0% vs 03-2026 05-2026: < 0.1%● 0.0% vs 04-2026 06-2026: < 0.1%▼ -2.9% vs 05-2026 07-2026: < 0.1%▼ -33.3% vs 06-2026 08-2026: < 0.1%▼ -4.5% vs 07-2026lowest value 09-2026: < 0.1%● 0.0% vs 08-2026lowest value 10-2026: < 0.1%● 0.0% vs 09-2026lowest value
  • Legal form Non-profit association lowers the probability
  • Liquidity: current ratio 1.96, cash €41,870 lowers the probability
  • Size: 7.9 FTE, total assets €225,720 raises the probability for this profile
  • Founded in 1994 lowers the probability for this profile
Credit up to €8,000 at 30 days acceptable
Liquidity ample (current ratio 1.96 against 1.29 in 2024; short-term debt: 44.8% and cash: 18.5% of total assets), but 60.6% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 90, micro). Better than this share of them on solvency 44%, liquidity 40%, profitability 77%, growth against the median 89%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Legal form Non-profit association
In the bankruptcy model this factor lowers the probability.
KBO
lowers risk · Liquidity: current ratio 1.96, cash €41,870
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Size: 7.9 FTE, total assets €225,720
In the bankruptcy model this factor raises the probability for this profile.
NBB · annual accounts
lowers risk · Founded in 1994
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €89,020
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 29-05-2026, 63 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
63 d early
2024
86 d early
2023
77 d early
2022
125 d early
2021
122 d early
2020
25 d late
2019
67 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 74 days before the deadline; the sector median for financial year 2024 is 3 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. Usually files around 6 May (4 of the last 5 filed years within 36 days of that day).
Companies Code · seven months
Position in the running window
06-10-2026 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
  1. Resignations: Nele Keukelier (director) and Katleen…Withdrawal: Katleen Van Langendonck (lid…
  2. Annual accounts filedfiscal year 2025 · abbreviated…
  3. Annual accounts filedfiscal year 2024 · abbreviated…

Key points

  • Flemish supportawarded 2022 - 2025 €3.2m View
  • Directors leftlatest change 13-07-2026 · 0 in office 2 left View
  • Among the largest 20% on gross marginsector median €99,226 · 602 companies €627,155 View
  • Positive: Always filed on timeaccounts within the deadline every year 5 years View

By topic

Financials

Fiscal year
2025
Total assets
€225,720
Profit
€42,138
Solvency
39.4%
Total assets▲ 3.6%
Net result
20182025
Go to Financials

Timeline

Events
16
Since
2018
Next accounts
by 31-07-2027
  1. 13-07-2026Resignations: Nele Keukelier (director) and Katleen Van…
  2. 29-05-2026Annual accounts filed
  3. 06-05-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Non-profit association
Activity
Performing arts by artistic ensemblesNACE 90202
Founded
24-04-1994
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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