Age33 yrs
Real estate1 parcel · 144 m²
Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of Digital piss factory is < 0.1% (very low). The 2022 annual accounts show negative equity (€-12k) and a net result of €9k. Its solvency ranks better than 9% of 357 sector peers (fiscal year 2022). The company has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 1 annual account.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone< 0.1%
Very low
0%0,5%1,5%4%10%≥25%
Lower-risk legal form
−Annual accounts: weaker financial profile
+Lower-failure-rate sector
−
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Signals
Insufficient current data: the most recent filed accounts (financial year 2022) are too old to derive current signals.
Filing behaviour
From the deposit records, complete market-wideFiled after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 16-08-2023, 16 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
How we compute the deadline
There is a single filed set of accounts, closing on 31-12. That date is certain, but one observation does not establish the rhythm (a first financial year may run longer than twelve months), so we project no following year. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2022, that is 31-07-2023.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2022 | 31-07-2023 | 16-08-2023 | 16 d late | 2023-00329733 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsLong-established
Founded in 1993, 33 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€9k
Working capital€-15k
Annual accounts & ratios
Source: NBB · 2022Annual accounts filed on 16-08-2023 with the NBB · fiscal year 2022 · micro
Sector comparison
Fiscal year 2022 · NACE 90 · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -36.3% | 43.9% | |
| Net result | €9k | €7k | |
| Equity | €-12k | €21k | |
| Gross operating margin | €26k | €21k | |
| Staff costs | €14k | €21k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
| Fiscal year | 2022 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €11k |
| Net profit | €9k |
| Cash flow | €11k |
| Staff costs | €14k |
| Income taxes | - |
| Dividends | - |
| Total assets | €32k |
| Equity | €-12k |
| Debt | €43k |
| of which ≤ 1y | €43k |
| of which > 1y | - |
| Working capital | €-15k |
| Employees (FTE) | - |
Ratios (computed)
| 2022 | |
|---|---|
| Current ratio | 0.67 |
| Quick ratio | 0.67 |
| Working capital ratio | -45.5% |
| Solvency | -36.3% |
| Debt / equity | -3.75 |
| Long-term debt ratio | - |
| Interest coverage | 41.47 |
| Gross margin | - |
| Net margin | - |
| ROA | 28.6% |
| ROE | -78.8% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2022
Full annual accounts (19 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2022 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €32k |
| Fixed assets | 21/28 | €3k |
| Tangible fixed assets | 22/27 | €2k |
| Financial fixed assets | 28 | €750 |
| Current assets | 29/58 | €29k |
| Amounts receivable within one year | 40/41 | €3k |
| Cash & bank | 54/58 | €26k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €32k |
| Equity | 10/15 | €-12k |
| Accumulated profits (losses) | 14 | €-12k |
| Amounts payable | 17/49 | €43k |
| Amounts payable within one year | 42/48 | €43k |
| Trade debts payable within one year | 44 | €183 |
| Income statement | ||
| Gross operating margin | 9900 | €26k |
| Operating result | 9901 | €9k |
| Financial charges | 65 | €265 |
| Result before taxes | 9903 | €9k |
| Net result for the period | 9904 | €9k |
| Result to be appropriated | 9905 | €9k |
Ratios computed by Checked.
Health barometer
FY 2022 · computed13
/ 100
Critical
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2022. Indicative, not credit advice.
Structure & network
Locations & real estate
Registered office
on the map · from the address registerEstablishment units
1 locationDigital piss factory (Nederlands)
since 20142.237.408.433
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area144 m²
Buildings1
Building footprint63 m²
Volume (LiDAR)485 m³
Tallest building11.1 m · ±3 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44804D2237/00A000 | Flanders | 143 m² | 1 · 63 m² | 11.1 m · 3 fl. |
Methodology
via registered seat: 1
1 of 1 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).
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgisch Staatsblad · acts
1 act All acts · 1
updated 1 year ago
2025
28-03-2025 Articles of association amended, alignment with the new Companies Code
Analysis
Financial profile
4 of 5 axes measured34
/ 100
Fragile profile, watch profitability in particular.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Health
13
Profitability
0
Solvency
37
Growth
-
Stability
85
Credit advice
verdict per customer and amountSimilar
Similar companies
Same sector and regionBE 0460.445.241 · Gent
BE 0460.205.216 · Gent
BE 0755.825.384 · Gent
BE 0766.343.352 · Gent
BE 0414.622.342 · Gent
We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. We hold annual accounts for 66 of the 2,267 companies in this sector.
Company registry
Company registry (CBE)
Crossroads BankActivities
Beoefening van uitvoerende kunsten door artistieke ensembles90202Productie van kunstmanifestaties en voorstellingen door artistieke ensembles92312
Primary activity highlighted.
Names & trade names
| Legal nameNL | Digital piss factory |
Registered office
Lange Violettestraat 117
9000 Gent, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.