Starting capital
€5,000 100 shares
Festival Radar
Lifetime
2 annual accounts with figures on one time axispeak €14,832 (2024)
-€13,504▼ €28,336
lowest -€13,970 (2025)
-€13,970▼ €27,896
peak €18,927 (2024)
€4,957▼ 73.8%
€10,105
Board1 name since 2023
1 director
Documentsfilings and deeds
12-06-202649 days before the deadline
2025micro format
Gross margin from €14,832 to -€13,504Loss of €13,970Equity from €18,927 to €4,957Cash from €11,614 to €4,731
Key points
from the 2025 annual accountsPosition in the sector
-€13,970
Lower net result than 91% of companies in computer programming and consultancy. Sector median €28,031 · 22,044 companies.
Public support
€50,000 awarded from 2023 to 2024
Flemish support: Innovatieve starterssteun.
Turnover not published (micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 3,224 companies had the same profile as Festival Radar has now. Each dot stands for 9 companies, two years later.
87.8%
were still trading
8.7%
stopped another way
3.3%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
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 3,224 companies, not a prediction for Festival Radar. 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.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0805882829
Incorporation
Founding capital of €5,000, 100 shares · Founder: · Appointment: (director) · published on 19-09-2023 · Gazette deed
First establishment
's-Hertogenlaan 107, Leuven
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Festival Radar Leuven | €15,063 | -€13,504 | 32.9% | - |
| Cognetic Overijse | €15,108 | -€9,200 | -17.1% | - |
| MY INFOTECH Charleroi | €15,517 | -€687 | 69.6% | - |
| GLORIA OLIVAE ANALYTICS Charleroi | €14,139 | -€6,409 | 22.6% | - |
| T&H Services / Web Uccle | €16,157 | €934 | 17.1% | - |
| MANDARIM Visé | €15,369 | -€8,841 | -12.4% | - |
| Argion Oostkamp | €13,498 | -€1,206 | 83.6% | - |
These companies have the same main activity as Festival Radar: computer programming (NACE 62100). They are comparable in size and age: total assets between €13,500 and €16,200, founded in 2023.
Official details
Source: KBO- Status
- Active since 15-09-2023Normal situation
- Activity
- Computer programmingNACE 62100
- Establishment unit
- 2.356.207.5013000 Leuven, since 15-09-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 14-11-2023
Annual accounts 2025
- €15,063▼ 20.4%
- Filing
- Filed on 12-06-2026, 49 days before the end of the filing period
Insights on Festival Radar
The annual accounts of Festival Radar for financial year 2025 show a net loss of 93% of total assets and of 74% of the equity at the start of that year. The 2025 annual accounts show equity of €4,957 and a net result of -€13,970.
Its solvency ranks better than 29% of 22,039 sector peers (NACE 62, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Festival Radar
- What is the company number of Festival Radar?
- The company number of Festival Radar is 0805.882.829. The VAT number is the same number with BE in front: BE 0805.882.829.
- Where is Festival Radar based?
- The registered office is at 's-Hertogenlaan 107, 3000 Leuven.Company details
- What does Festival Radar do?
- According to the KBO register, the main activity is computer programming (NACE 62100).
- What is the legal form of Festival Radar?
- Festival Radar is a private limited company (BV).
- When was Festival Radar founded?
- Festival Radar was founded on 15-09-2023.
- Is Festival Radar still active?
- Yes, Festival Radar is an active enterprise in the KBO register.
- What is the turnover of Festival Radar?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is Festival Radar profitable?
- In financial year 2025, Festival Radar made a loss of €13,970.
- Where can I find the annual accounts of Festival Radar?
- Festival Radar filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Festival Radar due?
- Festival Radar must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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