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Devotion Dansstudio

Active Non-profit associationfounded 2009active for 16 yearsAarschotsesteenweg 130, 2230 HerseltKBO/BCE: BE 0821.021.856

Lifetime

1 annual account with figures
peak €20,220 (2025)
€20,220 
peak €11,609 (2025)
€11,609 
peak €144,447 (2025)
€144,447 
€1,383 
Board10 names since 2018
1 directorSarah Persoons
Documentsfilings and deeds
09-03-202622 days before the deadline
2025micro format
Resignation: Jean Janssens (director) 29-09First year with figures

Key points

from the 2025 annual accounts

Turnover

≈ €110,000 estimated

The micro format states no turnover.

Board

1 joined · 1 left

Board changed. Latest change 05-03-2026 · 1 in office.

Position in the sector

99.1%

Higher solvency than 95% of companies in sports and recreation. Sector median 27.7% · 2,882 companies.

Checked score

98
Excellent
Financially stronger than 85% of micro companies in sports and recreation (NACE 93)
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: 0.3% across 4,270 companies (NACE 93, micro).

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 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025highest value 06-2025: 0.1%● unchanged vs 05-2025highest value 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%▼ -0.1 percentage points 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 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026

Financial strength
Strong

100equity 99.1% of total assets
100short-term debt 0.8% · cash 89.9%
79return on assets 8.0%

Score breakdown

raises risk
No registered site in the KBO
lowers risk
Legal form: non-profit association
Liquidity: current ratio 122.00, cash €131,153
Equity €144,447 (99.1% of total assets)
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 93, micro). It does better than 92% of them on solvency, 98% on liquidity and 66% on profitability.

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 31-08-2025.

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, 34,693 companies had the same profile as Devotion Dansstudio has now. Each dot stands for 87 companies, two years later.

95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of Devotion Dansstudio 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 34,693 companies, not a prediction for Devotion Dansstudio. 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 €14,000 on 30-day terms is acceptable

Short-term debt is 0.8% and cash 89.9% of total assets. 0.9% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Legal form: non-profit association
KBO
lowers risk · Liquidity: current ratio 122.00, cash €131,153
NBB · annual accounts
lowers risk · Equity €144,447 (99.1% of total assets)
NBB · annual accounts
raises risk · No registered site in the KBO
KBO · seat and establishments
neutral · Latest accounts filed on time
The financial year that closed on 31-08-2025 was due by 31-03-2026 and was filed on 09-03-2026, 22 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
22 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

TB
Director
Board & ownership

Recent changes

Resignation: Sarah Persoons (director) Appointment: Tamara Boddewijn (director) · General meeting of 05-03-2026 · Gazette deed
Resignation: Jean Janssens (director) Appointment: Sarah Persoons (director) · General meeting of 02-06-2025 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0821021856
Registered office moved within Herselt New registered office: Aarschotsesteenweg 130 te 2230 Herselt · Previous registered office: Madestraat 53 te 2230 Herselt · General meeting of 27-02-2024 · Gazette deed
All 11 events

Comparable companies

same main activity, similar in size and age
Company
Devotion Dansstudio Herselt €145,830 €20,220 99.1% -
SH-OP EDITIONS Uccle €117,158 €25,889 86.8% -
ARES Nijlen €182,274 €18,507 75.5% -
PAS & PAS Antwerp €139,876 €31,830 96.7% -
LION & ROOSTER EXPERIENCE Schilde €92,866 €24,282 19.8% -
THE MEDICAL CONCEPT COMPANY Uccle €107,538 €22,863 20.0% -
OD CONCEPT Soignies €133,680 €13,886 19.5% -

These companies have the same main activity as Devotion Dansstudio: other amusement and recreation activities (NACE 93299). They are comparable in size and age: total assets between €92,900 and €182,000, founded between 2006 and 2011.

Official details

Source: KBO
Status
Active since 22-11-2009Normal situation
Activity
Other amusement and recreation activitiesNACE 93299and 1 other
Financial year end
31 August
Peppol
Reachable since 11-08-2025
Company details

Annual accounts to 31-08-2025

€145,830
Filing
Filed on 09-03-2026, 22 days before the end of the filing period
Financials

Insights on Devotion Dansstudio

Devotion Dansstudio has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €144,447 and a net result of €11,609.

Its solvency ranks better than 95% of 2,882 sector peers (NACE 93, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

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 Devotion Dansstudio

What is the company number of Devotion Dansstudio?
The company number of Devotion Dansstudio is 0821.021.856. The VAT number is the same number with BE in front: BE 0821.021.856.
Where is Devotion Dansstudio based?
The registered office is at Aarschotsesteenweg 130, 2230 Herselt.Company details
What does Devotion Dansstudio do?
According to the KBO register, the main activity is other amusement and recreation activities (NACE 93299).
What is the legal form of Devotion Dansstudio?
Devotion Dansstudio is a non-profit association (VZW).
When was Devotion Dansstudio founded?
Devotion Dansstudio was founded on 22-11-2009.
Is Devotion Dansstudio still active?
Yes, Devotion Dansstudio is an active enterprise in the KBO register.
What is the turnover of Devotion Dansstudio?
The turnover in financial year 2025 is ≈ €110,000. This figure is estimated from the gross margin of €20,220 and 47 comparable companies (NACE 93). It probably lies between €62,000 and €210,000. It is a rough estimate.Financials
Is Devotion Dansstudio profitable?
In financial year 2025, Devotion Dansstudio made a profit of €11,609.
Where can I find the annual accounts of Devotion Dansstudio?
Devotion Dansstudio filed 1 annual account with the National Bank of Belgium, for financial year 2025.

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