De Onderstroom has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2020 annual accounts show equity of €113,886 and a net result of €50,697. Its solvency ranks better than 43% of 1,645 sector peers (NACE 90, financial year 2020). The computed 12-month bankruptcy probability is below 0.1% (very low).
Promotion and organisation of arts and performing arts events
NACE 90391
1 site
Size
€60,699turnover 2020
Equity
€113,886
Surplus
€50,697
Financial health
Bankruptcy probabilitywithin 12 months
< 0.1%
2020 figures too old to score
Structure
2020 accounts 30 days early1 of 4 deeds summarised
Signalsraises riskFigures for financial year 2020 (filed 05-07-2021)lowers riskLegal form: non-profit associationLiquidity: current ratio 3.27, cash €205,969Sector: Arts creation and performing arts activities (NACE 90)neutralLatest accounts filed on timeShow the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2020 are too old to assess current financial health.
Financial strength, FY 2020
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Strong
Solvency57
equity 32.5% of total assets
Liquidity88
short-term debt 29.5% · cash 58.8%
Profitability87
return on assets 14.5%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
< 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% (3,428 companies, NACE 90, micro)
Last 24 months11-2024: < 0.1%highest value12-2024: < 0.1%● unchanged vs 11-202401-2025: < 0.1%● unchanged vs 12-202402-2025: < 0.1%● unchanged vs 01-202503-2025: < 0.1%● unchanged vs 02-202504-2025: < 0.1%● unchanged vs 03-202505-2025: < 0.1%● unchanged vs 04-202506-2025: < 0.1%● unchanged vs 05-202507-2025: < 0.1%● unchanged vs 06-202508-2025: < 0.1%● unchanged vs 07-202509-2025: < 0.1%● unchanged vs 08-202510-2025: < 0.1%● unchanged vs 09-202511-2025: < 0.1%● unchanged vs 10-202512-2025: < 0.1%● unchanged vs 11-202501-2026: < 0.1%● unchanged vs 12-202502-2026: < 0.1%● unchanged vs 01-2026lowest value03-2026: < 0.1%● unchanged vs 02-2026lowest value04-2026: < 0.1%● unchanged vs 03-2026lowest value05-2026: < 0.1%● unchanged vs 04-2026lowest value06-2026: < 0.1%● unchanged vs 05-2026lowest value07-2026: < 0.1%● unchanged vs 06-2026lowest value08-2026: < 0.1%● unchanged vs 07-2026lowest value09-2026: < 0.1%● unchanged vs 08-2026lowest value10-2026: < 0.1%● unchanged vs 09-2026lowest value
tick = median of all Belgian filingsring = median in the sector
This company filed its 2020 accounts 30 days before the deadline; the sector median (NACE 90) for financial year 2020 is 2 days before the deadline, and 45% of those companies filed late.
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
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Annual accounts filedfinancial year 2020 · micro…
Key points
Flemish supportawarded from 2022 to 2025€544,125View
Positive: Among the best 7% on net resultsector median €1,644 · 1,647 companies€50,697View