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Driewerf Hoera

Active
Non-profit associationfounded 1979active for 47 yearsMolenstraat 31, 9900 Eeklo, BelgiumKBO/BCE: BE 0419.303.977
Summary

Driewerf Hoera has been active since 1979 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €239,024 and a net result of €22,566. Equity remains stable across the filed financial years (±2.2% per year). Its solvency ranks better than 77% of 640 sector peers (NACE 90, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow ReportCompare
Driewerf HoeraActiveChecked score 96/100
Risk analysis ReportCompare

Overview

Activity
Performing arts by artistic ensembles
NACE 90202
9th oldest company in East Flanders, Creative and performing arts sector1 site
Size
€340,889total assets 2025
Staff
6.4 FTE
Equity
€239,024
Surplus
€22,566
Turnover not published (abbreviated format)
Financial health
96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
2025 accounts 61 days early1 of 13 deeds summarised
Why 96lowers riskLegal form: non-profit associationLiquidity: current ratio 2.87, cash €161,400Equity €239,024 (70.1% of total assets)Founded in 1979Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 66% of its sector peers (NACE 90, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 95-5
equity 70.1% of total assets
Liquidity 91+1
short-term debt 24.2% · cash 47.3%
Profitability 77-2
return on assets 6.6%
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% (3,419 companies, NACE 90, micro)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 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 03-2025highest value 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025lowest value 07-2025: < 0.1%● unchanged vs 06-2025lowest value 08-2025: < 0.1%● unchanged vs 07-2025lowest value 09-2025: < 0.1%● unchanged vs 08-2025lowest value 10-2025: < 0.1%● unchanged vs 09-2025lowest value 11-2025: < 0.1%● unchanged vs 10-2025lowest value 12-2025: < 0.1%● unchanged vs 11-2025lowest value 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026lowest value 03-2026: < 0.1%● unchanged vs 02-2026lowest value 04-2026: < 0.1%● unchanged 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 08-2026 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €22,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.87, compared with 3.18 in 2024, above the usual 1.5; short-term debt: 24.2% and cash: 47.3% of total assets), and 29.9% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 90, micro): better than 71% on solvency, 82% on liquidity, 58% on profitability and 53% on growth.

The bankruptcy probability was computed on 24-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskneutral
lowers risk · Legal form: non-profit association
KBO
lowers risk · Liquidity: current ratio 2.87, cash €161,400
NBB · annual accounts
lowers risk · Equity €239,024 (70.1% of total assets)
NBB · annual accounts
lowers risk · Founded in 1979
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
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 31-05-2026, 61 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
61 days early
2024
69 days early
2023
48 days early
2022
98 days early
2021
93 days early
2020
100 days early
2019
61 days late
← 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 58 days before the deadline; the sector median (NACE 90) for financial year 2024 is 4 days before the deadline, and 38% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 23 May (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Annual accounts filedfinancial year 2024 · abbreviated…
  3. Resignation: Geert Inslegers (director)Appointments: Micheline De Kreijger (director)…

Key points

  • Positive: 9th oldest company in East Flanders, Creative and performing arts sectorin the Checked rankings No. 9 View
  • Flemish supportawarded from 2022 to 2025 €2.0m View
  • Positive: Filed on time since financial year 2020accounts within the deadline every year 6 years View
  • Active since 1979founded 24-02-1979 47 years View

By topic

Financials

Financial year
2025
Total assets
€340,889
Profit
€22,566
Solvency
70.1%
Total assets▲ 11.5%
Net result
20182025
Go to Financials

Timeline

Events
24
Since
2007
Next accounts
by 31-07-2027
  1. 13-06-2024Annual accounts filed
  2. 24-04-2023Annual accounts filed
  3. 31-12-2022Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Non-profit association
Activity
Performing arts by artistic ensemblesNACE 90202
Founded
24-02-1979
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about Driewerf Hoera

What is the company number of Driewerf Hoera?
0419.303.977. In Belgium the VAT number is the company number with BE in front: BE 0419.303.977.
Where is Driewerf Hoera based?
The registered office is at Molenstraat 31, 9900 Eeklo.Company details
What does Driewerf Hoera do?
According to the KBO register, the main activity is performing arts by artistic ensembles (NACE 90202).
What is the legal form of Driewerf Hoera?
Non-profit association (VZW).
When was Driewerf Hoera founded?
On 24-02-1979.
Is Driewerf Hoera still active?
Yes, Driewerf Hoera is an active enterprise in the KBO register.
How many employees does Driewerf Hoera have?
On average 6.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Driewerf Hoera?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is Driewerf Hoera profitable?
In financial year 2025, Driewerf Hoera made a profit of €22,566.
Where can I find the annual accounts of Driewerf Hoera?
Driewerf Hoera filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Driewerf Hoera due?
By 31-07-2027, for financial year 2026.Timeline

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