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FESTICUP

Active
Private limited companyfounded 2017active for 9 yearsIndustriepark-West 42, 9100 Sint-Niklaas, BelgiumKBO/BCE: BE 0672.481.501
Summary

The computed 12-month bankruptcy probability of FESTICUP is 14.1% (high). The 2025 annual accounts show negative equity (-€782,343) and a net result of -€487,022. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 624 sector peers (NACE 90, financial year 2025). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags).

Overview

Activity
Visual arts creation
NACE 90120
#10 company by total assets in Sint-Niklaas, Arts, sports and recreation sector1 site
Size
€397,072turnover 2025
Staff
1.6 FTE
Equity
-€782,343
Loss
-€487,022
Financial health
26 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
14.1%
Structure
Parent
Re-uz-Belgium · 100%
  • Impact SASDirector · permanent representative Philippe Berthe
  • PORTOLDirector · permanent representative Koen Heyvaert
Accounts filed 56 days late2 of 13 deeds read
Why 26raises riskLoss of €487,022, the second in a row (financial year 2025)Negative equity -€782,343Ex-officio strike-off in the KBOLatest accounts 56 days late; 2 of the last 3 lateShow the evidence

Checked score

Score 2025
26 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 5% of its sector peers (NACE 90, micro)
Financial strength · tick = 2024
Weak
Solvency 0=
equity -111.5% of total assets
Liquidity 0-4
short-term debt 175.9% · cash 0.2%
Profitability 0-77
return on assets -69.4%
Bankruptcy probability, 12 months
14.1% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 7 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (3,410 companies, NACE 90, micro)
Last 24 months 11-2024: 2.3% 12-2024: 2.4%▲ +0.1 percentage points vs 11-2024 01-2025: 2.4%● unchanged vs 12-2024 02-2025: 2.4%● unchanged vs 01-2025 03-2025: 2.4%● unchanged vs 02-2025 04-2025: 2.5%▲ +0.1 percentage points vs 03-2025 05-2025: 2.6%▲ +0.1 percentage points vs 04-2025 06-2025: 2.5%▼ -0.1 percentage points vs 05-2025 07-2025: 2.8%▲ +0.3 percentage points vs 06-2025 08-2025: 3.3%▲ +0.5 percentage points vs 07-2025 09-2025: 1.6%▼ -1.7 percentage points vs 08-2025 10-2025: 1.6%● unchanged vs 09-2025 11-2025: 1.6%● unchanged vs 10-2025 12-2025: 1.6%● unchanged vs 11-2025 01-2026: 1.6%● unchanged vs 12-2025 02-2026: 1.6%● unchanged vs 01-2026 03-2026: 1.5%▼ -0.1 percentage points vs 02-2026lowest value 04-2026: 2.8%▲ +1.3 percentage points vs 03-2026 05-2026: 2.7%▼ -0.1 percentage points vs 04-2026 06-2026: 2.6%▼ -0.1 percentage points vs 05-2026 07-2026: 2.7%▲ +0.1 percentage points vs 06-2026 08-2026: 3.5%▲ +0.8 percentage points vs 07-2026 09-2026: 3.8%▲ +0.3 percentage points vs 08-2026 10-2026: 14.1%▲ +10.3 percentage points vs 09-2026highest value
No credit on open account
Liquidity insufficient (current ratio 0.18, compared with 0.18 in 2024; short-term debt: 175.9% and cash: 0.2% of total assets), and equity is negative.
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 6% on solvency, 2% on liquidity, 7% on profitability and 3% on growth.

The bankruptcy probability was computed on 09-10-2026 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

Seven signals.
+raises risk○neutral
raises risk · Loss of €487,022, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Negative equity -€782,343
NBB · annual accounts
raises risk · Ex-officio strike-off in the KBO
KBO publications
raises risk · Latest accounts 56 days late; 2 of the last 3 late
NBB · filings
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€782,343
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-09-2026, 56 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 8 filings
Deviation from the deadline
2025
56 days late
2024
31 days late
2023
77 days early
2022
24 days early
2021
69 days early
2020
66 days early
2019
7 days early
← 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 22 days before the deadline; the sector median (NACE 90) for financial year 2024 is 3 days before the deadline, and 38% of those companies filed late.

raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publications
Publications
Address struckAddress strikeout annulled
Searched, nothing found (1)
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 7 July (4 of the last 5 filed years within 55 days of that day).
Companies Code · seven months
Where today falls in the filing period
10-10-2026 today31-12-2026 year end31-07-2027 deadline
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Resignation: Coconut Event & Management (non-statutory…Permanent representatives: Christophe Lampertz and…
  3. Address strikeout annulledKBO administration

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€782,343 View
  • Risk: 6 loss-making years in a rowloss financial year 2025 -€487,022 View
  • Caution: Turnover fell in 2025from €2.0m to €397,072 ▼ 79.8% View
  • Caution: Among the weakest 5% on net resultsector median €12,519 · 627 companies -€487,022 View
  • Controlled by Re-uz-Belgium 100% View
  • Board changedlatest change 01-01-2026 · 2 in office 1 joined · 1 left View

By topic

Financials

Financial year
2025
Turnover
€397,072
Loss
-€487,022
Solvency
-111.5%
Turnover▼ 79.8%
Net result
20202025
Go to Financials

Timeline

Events
13
Since
2019
Next accounts
by 31-07-2027
  1. 05-05-2026Resignations: GERMANUS, Tempel Inzicht and 2 others
  2. 02-03-2026Address struck
  3. 31-08-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Visual arts creationNACE 90120
Founded
07-03-2017
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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