Deficits
Every financial year from 2023 to 2025 closed with a deficit. 2024 was the heaviest.
Every financial year from 2023 to 2025 closed with a deficit. 2024 was the heaviest.
The 2020 accounts came latest: 31 days after the end of the period.
Less equity than 82% of companies in creative and performing arts. Sector median €42,947 · 2,609 companies.
In July 2024, 4,805 companies had the same profile as DVKES has now. Each dot stands for 13 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,331 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.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 4,805 companies, not a prediction for DVKES. 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.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| DVKES Middelkerke | €935 | -€802 | 54.1% | - |
| FERSA Hasselt | €1,592 | -€7,979 | -391.5% | - |
| STUDIO ACADEMIE Lens (Hainaut) | €702 | -€40 | -333.2% | - |
| Nix Events Grez-Doiceau | €446 | -€544 | -2372.2% | - |
| SCULPTURAL Brasschaat | €1,163 | €1,099 | -17038.2% | - |
| LOS SAYANS Vilvoorde | €1,287 | -€5,045 | -306.0% | - |
| THIN ICE FILMS Ghent | €2,602 | -€5,595 | -1626.1% | - |
These companies have the same main activity as DVKES: performing arts by independent artists (NACE 90201). They are comparable in size and age: total assets between €446 and €2,600, founded between 1992 and 2022.
DVKES files the micro format. That format states no turnover. The gross margin rose from -€1,413 in 2020 to -€802 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
See how customers, suppliers and banks see your own company and what to improve first.
If something looks wrong or is missing, please tell us.