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Fields Are Burning Studio

Active
Non-profit associationfounded 20215 yrs activeScheldestraat 60, 1080 Sint-Jans-Molenbeek, BelgiumKBO/BCE: BE 0762.517.493

Fields Are Burning Studio has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €21k and a net result of €14k. Equity is growing by ~13.8% per year across the filed fiscal years. Its solvency ranks better than 95% of 228 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Checked score

Score 2025
99 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency100=
Growth78▲+46
Track record94
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 34.95 against 10.69 in 2024; short-term debt: 2.8% and cash: 99.3% of total assets), and 2.8% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 90
Relative position
BE, all sectors
reference
Sector 90
lower
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 5 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
97.2%
Return on assets
68%
Age of the figures
9 mo
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 30-07-2026, 1 day ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
1 d early
2024
15 d early
2023
28 d late
2021
27 d late
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€14k
2024 · €-9k
2021: €7k 2023: €5k 2024: €-9k
2021 → 2025
Working capital
€20k▲ 251%
2024 · €6k
2024: €6k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line2021202320242025Trend
Equity€12k-€15k▲ 28.0%€6k▼ 59.7%€21k▲ 233%
Operating result€7k-€6k▼ 17.4%€-9k€15k
Net result€7k-€5k▼ 19.5%€-9k€14k
Result per fiscal year
Operating resultNet result
€-10k€0€10kOperating result 2021: €7k€7kNet result 2021: €7k€7kOperating result 2023: €6k€6kNet result 2023: €5k€5kOperating result 2024: €-9k€-9kNet result 2024: €-9k€-9kOperating result 2025: €15k€15kNet result 2025: €14k€14k2021202320242025
The operating result returns to profit in 2025: €15k after a loss of €9k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €21k
Fixed assets €136▼ 60.0%
Current assets €21k▲ 227%
Equity and liabilities €21k
Equity €21k▲ 233%
Debt €600=
The debt ratio falls from 8.9% to 2.8%. Equity is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€15k
2024 · €-9k
Cash flow
€15k
2024 · €-9k
Solvency
97.2%
2024 · 91.1%
Current ratio
34.95
2024 · 10.69
Quick ratio
34.95
2024 · 10.69
Debt / equity
0.03
2024 · 0.10
ROE
70.0%
2024 · -148.2%
ROA
68.0%
2024 · -135.0%
Interest coverage
95.23
2024 · -46.92
Debt
€600=
2024 · €600
Debt ≤ 1 year
€600=
2024 · €600
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€7k€21k
Fixed assets21/28€340€136
Tangible fixed assets22/27€340€136
Plant, machinery and equipment23€340€136
Current assets29/58€6k€21k
Amounts receivable within one year40/41€6k-
Trade receivables40€1k-
Other amounts receivable41€4k-
Cash at bank and in hand54/58€730€21k
Deferred charges and accrued income490/1€18€16
Equity and liabilities
Total equity and liabilities10/49€7k€21k
Equity10/15€6k€21k
Contributions10/11€5k€5k=
Capital10€5k€5k=
Profit (loss) carried forward14€901€15k
Amounts payable17/49€600€600=
Amounts payable within one year42/48€600€600=
Trade debts44€600-
Suppliers440/4€600-
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€204€204=
Gross operating margin9900€-9k€15k
Operating profit (loss)9901€-9k€15k
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€186€154
Recurring financial charges65€186€154
Profit (loss) for the period before taxes9903€-9k€14k
Profit (loss) for the period9904€-9k€14k
Profit (loss) for the period to be appropriated9905€-9k€14k
Appropriation of the result
Profit (loss) to be appropriated9906€901€15k
Profit (loss) brought forward from the previous period14P€10k€901

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
30-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial Back to profitnet €14k
Net result €14k after one loss-making year.
31-12
Financial Liquidity triplescurrent ratio 34.95
Current ratio from 10.69 to 34.95.
16-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Weakest financial yearnet €-9k ▼270%
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
28-08
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 28 days late
2022
27-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
03-12-2025 Resigned as Director
Location & real-estate footprint
Registered office, Sint-Jans-Molenbeek · 1 establishment unit since 2025
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Scheldestraat 601080 Sint-Jans-Molenbeek
Ground area
444 m²
Building footprint
262 m²
Volume, LiDAR
3,003 m³
Parcel 21012F0370/00C011, Brussels · tallest building 15.5 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Fields Are Burning Studio
Scheldestraat 60, 1080 Sint-Jans-MolenbeekPromotion and organisation of arts and performing arts events
since 20252.376.949.168
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21012F0370/00C011 Brussels 444 m² 1 · 262 m² 15.5 m · 4 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Wallonia-Brussels Federation

2025 · 1 entry · 2,302 EUR in total
Year Entries paid
2025 1 2,302 EUR
Budget allocations
Subventions à des activités représentant la diversité culturelle et à des actions interculturelles réalisées à l'initiative d'associations reconnues ou non reconnues
1 entry · 2,302 EUR

Similar companies · same sector, comparable size

Of 2,277 companies in sector 90202 we hold annual accounts for 413. 270 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formNon-profit association
Founded26-01-2021
Fiscal year end31-12
Abbreviation FR F. A. B. Studio
Activities, NACEBEL
90202Performing arts by artistic ensembles
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry
E-mail:fieldsareburning.studio@gmail.com
Enterprise