Result
From profit to loss in 2024, after a profit of €168,390 in 2023.
From profit to loss in 2024, after a profit of €168,390 in 2023.
Debts rose by €663,247 in 2024.
Green is investment, beige is depreciation.
In 2024, 2 people joined and 2 left.
2025 accounts not filed: deadline was 31-07-2026.
Lower net result than 86% of companies in creative and performing arts. Sector median €6,380 · 2,468 companies.
The dashed line is the sector median: 0.1% across 3,433 companies (NACE 90, micro).
About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 90, micro). It does better than 32% of them on solvency, 81% on liquidity, 24% on profitability and 37% on growth.
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 31-12-2024.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% 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).
In July 2024, 2,166 companies had the same profile as ENTREPRENERD has now. Each dot stands for 6 companies, two years later.
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of ENTREPRENERD itself is higher: 8.3% within 12 months. It rests on far more data about ENTREPRENERD than the profile alone.
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.
| 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 2,166 companies, not a prediction for ENTREPRENERD. 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.
Liquidity is ample, with a current ratio of 2.66 (3.44 in 2023), above the usual 1.5. Short-term debt is 24.9% and cash 54.2% of total assets. However, 77.1% of the assets are financed with debt and provisions.
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.
The company filed its last 6 accounts on average 141 days after the deadline. In the sector (NACE 90), the median for financial year 2024 was 3 days before the deadline, and 38% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| ENTREPRENERD Holsbeek | €1.4m | €367,495 | 22.9% | - |
| MONO ENTERTAINMENT Ghent | €1.3m | €395,534 | 71.4% | 0 |
| DELLIES Ypres | €1.7m | €175,076 | 23.8% | - |
| BIERERFGOED Antwerp | €0.7m | €386,481 | -38.2% | - |
| LOUVEXPO La Louvière | €2.9m | €440,563 | 78.5% | 3 |
| COMPLEET Waregem | €1.2m | €457,589 | 51.7% | 0 |
| Handelsbeurs Antwerpen Events Antwerp | €1.2m | €196,810 | -2.9% | 2.6 |
These companies have the same main activity as ENTREPRENERD: arts creation and performing arts activities (NACE 90312). They are comparable in size and age: total assets between €750,000 and €2.9m, founded between 2012 and 2020.
ENTREPRENERD files the micro format. That format states no turnover. The gross margin rose from €7,409 in 2016 to €367,495 in 2024.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 9 November 2026.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €500,000. Estimated: probably between €400,000 and €960,000.
Higher than 30% of 2,466 companies in 2024.
Higher than 63% of 2,348 companies in 2024.
Higher than 29% of 2,379 companies in 2024.
Net result: bottom quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter
Staff costs divided by the average number of full-time equivalents.
In 2024, 2 people joined and 2 left.
| Line | Trend | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||
20/58 |
1.4m | 508,007 | 300,817 | 112,288 | 50,524 | 42,436 | 221,520 | 184,900 | 65,429 | |
21/28 |
475,601 | 2,969 | 2,490 | 3,613 | 5,256 | 1,390 | 2,261 | 2,458 | 1,282 | |
22/27 |
475,601 | 2,969 | 2,490 | 3,613 | 5,256 | 1,390 | 2,261 | 2,458 | 1,282 | |
22 |
459,425 | - | - | - | - | - | - | - | - | |
23 |
752 | 1,504 | 257 | 613 | 1,489 | 1,390 | 2,261 | 2,081 | - | |
24 |
10,113 | 1,466 | 2,233 | 3,000 | 3,767 | - | - | 377 | 1,282 | |
26 |
5,311 | - | - | - | - | - | - | - | - | |
29/58 |
930,267 | 505,038 | 298,327 | 108,676 | 45,268 | 41,045 | 219,259 | 182,442 | 64,146 | |
40/41 |
168,842 | 72,999 | 39,236 | 22,333 | 32,360 | 36,444 | 172,688 | 168,397 | 30,268 | |
40 |
103,342 | 70,499 | - | 3,131 | 27,213 | 2,050 | 49,660 | 128,539 | 20,525 | |
41 |
65,500 | 2,500 | 39,236 | 19,202 | 5,148 | 34,394 | 123,028 | 39,858 | 9,744 | |
54/58 |
761,425 | 397,868 | 259,092 | 86,343 | 12,388 | 4,601 | 46,571 | 14,045 | 33,878 | |
490/1 |
- | 34,172 | - | - | 520 | - | - | - | - | |
| Balance sheet: equity and liabilities | ||||||||||
10/49 |
1.4m | 508,007 | 300,817 | 112,288 | 50,524 | 42,436 | 221,520 | 184,900 | 65,429 | |
10/15 |
321,412 | 336,798 | 168,408 | 69,568 | 19,690 | -27,652 | 32,958 | 25,823 | 1,480 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 6,200 | |
100 |
- | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | - | - | 12,400 | |
11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | - | - | - | - | |
1109/19 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | - | - | - | - | |
13 |
302,812 | 318,198 | 149,808 | 50,968 | 1,860 | 1,860 | 1,860 | 1,860 | - | |
130/1 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | |
130 |
- | - | - | - | - | 1,860 | 1,860 | 1,860 | - | |
1311 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | |
133 |
300,952 | 316,338 | 147,948 | 49,108 | - | - | - | - | - | |
14 |
- | - | - | - | -770 | -48,112 | 12,498 | 5,363 | -4,720 | |
16 |
250,000 | - | - | - | - | - | - | - | - | |
160/5 |
250,000 | - | - | - | - | - | - | - | - | |
163 |
250,000 | - | - | - | - | - | - | - | - | |
17/49 |
834,456 | 171,209 | 132,409 | 42,720 | 30,835 | 70,088 | 188,562 | 159,077 | 63,949 | |
17 |
334,811 | 24,464 | - | - | - | - | - | - | - | |
170/4 |
334,811 | 24,464 | - | - | - | - | - | - | - | |
42/48 |
349,646 | 146,746 | 132,409 | 42,720 | 30,835 | 70,088 | 188,562 | 159,077 | 63,949 | |
42 |
41,982 | 48,927 | - | - | - | - | - | - | - | |
44 |
- | - | 96,870 | 28,794 | 22,149 | 14,380 | 39,633 | 86,627 | 49,778 | |
440/4 |
- | - | 96,870 | 28,794 | 22,149 | 14,380 | 39,633 | 86,627 | 49,778 | |
45 |
278,095 | 97,818 | 35,539 | 13,926 | 4,597 | 49,733 | 134,938 | 52,776 | 3,707 | |
450/3 |
273,428 | 97,106 | 31,189 | 12,743 | 4,597 | 49,733 | 130,620 | 43,951 | 2,257 | |
454/9 |
4,667 | 712 | 4,350 | 1,183 | - | - | 4,317 | 8,825 | 1,450 | |
47/48 |
29,569 | - | - | - | 4,089 | 5,975 | 13,991 | 19,673 | 10,464 | |
492/3 |
150,000 | - | - | - | - | - | - | - | - | |
| Income statement | ||||||||||
9900 |
367,495 | 286,506 | 176,884 | 66,677 | 74,116 | -30,262 | 44,966 | 48,851 | 7,409 | |
62 |
37,113 | 39,995 | 31,424 | 8,281 | 11,290 | 24,742 | 28,526 | 28,729 | 6,890 | |
630 |
14,697 | 1,776 | 1,123 | 1,643 | 1,049 | 870 | 1,247 | 1,425 | 1,433 | |
631/4 |
- | - | - | - | - | 3,099 | - | - | - | |
635/8 |
250,000 | - | - | - | - | - | - | - | - | |
640/8 |
- | 3,328 | 2,292 | 2,568 | 1,254 | 1,276 | 3,026 | 477 | 1,077 | |
66A |
65,298 | - | - | - | - | - | - | - | - | |
9901 |
387 | 241,407 | 142,045 | 54,185 | 60,523 | -60,249 | 12,166 | 18,219 | -1,990 | |
75/76B |
87 | 31 | 0 | 2,992 | 344 | 2,997 | 1,219 | 300 | 17 | |
75 |
87 | 31 | 0 | 2,992 | 344 | 2,997 | 1,219 | 300 | 17 | |
65/66B |
15,860 | 6,095 | 12,016 | 6,926 | 6,069 | 1,768 | 1,801 | 543 | 490 | |
65 |
15,860 | 6,095 | 12,016 | 6,926 | 6,069 | 1,768 | 1,801 | 543 | 490 | |
9903 |
-15,386 | 235,343 | 130,029 | 50,250 | 54,798 | -59,020 | 11,584 | 17,976 | -2,464 | |
67/77 |
- | 66,952 | 31,189 | 372 | 7,456 | 1,590 | 4,450 | 6,033 | 2,257 | |
9904 |
-15,386 | 168,390 | 98,840 | 49,878 | 47,342 | -60,610 | 7,135 | 11,943 | -4,720 | |
9905 |
-15,386 | 168,390 | 98,840 | 49,878 | 47,342 | -60,610 | 7,135 | 11,943 | -4,720 | |
| Appropriation of the result | ||||||||||
9906 |
-15,386 | 168,390 | 98,840 | 49,108 | -770 | -48,112 | 12,498 | 7,223 | -4,720 | |
14P |
- | - | - | -770 | - | - | - | - | - | |
791/2 |
15,386 | - | - | - | - | - | - | - | - | |
691/2 |
- | 168,390 | 98,840 | 49,108 | - | - | - | 1,860 | - | |
6920 |
- | - | - | - | - | - | - | 1,860 | - | |
6921 |
- | 168,390 | 98,840 | 49,108 | - | - | - | - | - | |
| Social balance sheet | ||||||||||
9087 |
1.1 | 1.3 | 1 | 1 | 1 | 1 | 1 | 1 | 0.3 | |
Hours worked1013 |
- | 1,744 | 1,534 | 324 | 480 | 1,800 | 1,752 | 1,814 | 608 | |
| Document | ||||||||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2024 (PDF), filed on 26-11-2025.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | micro format | 26-11-2025 | 2025-00570744 | |
| 31-12-2023 | micro format | 30-04-2025 | 2025-00089932 | |
| 31-12-2022 | micro format | 31-10-2023 | 2023-00506730 | |
| 31-12-2021 | micro format | 29-11-2022 | 2022-20528914 | |
| 31-12-2020 | micro format | 29-08-2021 | 2021-59100091 | |
| 31-12-2019 | micro format | 27-02-2021 | 2021-06600305 | |
| 31-12-2018 | micro format | 31-03-2020 | 2020-08200362 | |
| 31-12-2017 | micro format | 04-03-2019 | 2019-06500543 | |
| 31-12-2016 | abbreviated format | 25-10-2017 | 2017-67800190 |
| Line | Trend | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| 15,084 | 243,182 | 143,168 | 55,828 | 61,572 | -59,378 | 13,413 | 19,645 | -557 | ||
| -689 | 170,166 | 99,963 | 51,522 | 48,391 | -59,740 | 8,382 | 13,369 | -3,287 | ||
| 487,329 | 2,255 | 0 | 0 | 4,914 | 0 | 1,050 | 2,601 | 2,716 | ||
| 363,558 | 138,776 | 172,749 | 73,955 | 7,787 | -41,970 | 32,526 | -19,833 | - | ||
| 580,621 | 358,293 | 165,918 | 65,955 | 14,434 | -29,043 | 30,697 | 23,365 | 198 | ||
| 22.9% | 66.3% | 56.0% | 62.0% | 39.0% | -65.2% | 14.9% | 14.0% | 2.3% | ||
| 2.66 | 3.44 | 2.25 | 2.54 | 1.47 | 0.59 | 1.16 | 1.15 | 1.00 | ||
| 2.60 | 0.51 | 0.79 | 0.61 | 1.57 | - | 5.72 | 6.16 | 43.21 | ||
| -4.8% | 50.0% | 58.7% | 71.7% | 240.4% | - | 21.6% | 46.3% | -319.0% | ||
| -1.1% | 33.1% | 32.9% | 44.4% | 93.7% | -142.8% | 3.2% | 6.5% | -7.2% | ||
| 0.95 | 39.90 | 11.91 | 8.06 | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 1 | 1 | 1 | 1 |
| full-time | 1 | 1 | 1 | 1 |
| in full-time equivalents | 1 | 1 | 1 | 1 |
| 1.1 | 1.3 | 1 | 1 | |
| On a permanent contract | 1 | 1 | 1 | 1 |
| Joined | 2 | 1 | - | - |
| Left | 2 | 1 | - | - |
Source: social balance sheet in the 2021 to 2024 annual accounts
| Item | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Tangible fixed assets | €487,329 | €2,255 | - | - |
| €14,697 | €1,776 | €1,123 | €1,643 |
Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)
The operating result for 2024 is 100% lower than in 2023 and the lowest since 2019.
Debt's share of the balance-sheet total rises from 33.7% to 59.4%. Equity is lower and debt is higher.
ENTREPRENERD has no parent and no holdings in its annual accounts. Rits Quinten is the only director. ENTREPRENERD shares no director with another company.
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number | FASFC approval |
|---|---|---|---|
| Sint-Geertruibos 18 registered office 3220 Holsbeek | |||
| COMIC CON GROUP BELGIUM 82300 Organisation of conventions and trade shows | 17-06-2015 | 2.301.683.997 | Itinerant retailer food >3 months Mobile bar |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 24043F0067/00L003 | 1,596 m² | 1 · 235 m² | 21.6 m · 1 |
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