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Fields Are Burning Studio

Active
Non-profit associationfounded 2021active for 5 yearsScheldestraat 60, 1080 Sint-Jans-Molenbeek, BelgiumKBO/BCE: BE 0762.517.493
Summary

Fields Are Burning Studio has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €20,504 and a net result of €14,353. Equity has been growing by about 14% per year since 2021. Its solvency ranks better than 95% of 298 sector peers (NACE 90, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 26-01-2021 Normal situation
Activity
Performing arts by artistic ensembles NACE 90202
Establishment unit
2.376.949.168 1080 Sint-Jans-Molenbeek, since 20-08-2025
Financial year end
31 December
Peppol
Not found in the Peppol Directory

Board and ownership

Board
  • Hénaut VictoriaDirector · since 23-01-2021
  • Saclier ThomasDirector · since 23-01-2021
  • Agnès-Marie MagainDirector

Financial position

99 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€14,711
Turnover
≈ €70,000
estimated
Surplus
€14,353
Equity
€20,504
▲ 233%
Total assets
€21,104
▲ 213%
Score breakdownlowers riskLegal form: non-profit associationSector: Arts creation and performing arts activities (NACE 90)Liquidity: current ratio 34.95, cash €20,952Equity €20,504 (97.2% of total assets)Show the evidence

Checked score

Score 2025
99 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 93% of micro companies in creative and performing arts (NACE 90)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 97.2% of total assets
Liquidity 100+36
short-term debt 2.8% · cash 99.3%
Profitability 100+100
return on assets 68.0%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (3,430 companies, NACE 90, micro)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025highest value 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 34.95 (10.69 in 2024), above the usual 1.5. Short-term debt is 2.8% and cash 99.3% of total assets. 2.8% of the assets are financed with debt and provisions.
Calculation

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 88% of them on solvency, 96% on liquidity, 91% on profitability and 96% on growth.

The bankruptcy probability was computed on 03-11-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskneutral
lowers risk · Legal form: non-profit association
KBO
lowers risk · Sector: Arts creation and performing arts activities (NACE 90)
KBO
lowers risk · Liquidity: current ratio 34.95, cash €20,952
NBB · annual accounts
lowers risk · Equity €20,504 (97.2% of total assets)
NBB · annual accounts
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 day early
2024
15 days early
2023
28 days late
2021
27 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 10 days after the deadline. In the sector (NACE 90), the median for financial year 2024 was 4 days before the deadline, and 38% of those companies filed late.

Searched, nothing found (2)
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 13 August (4 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher solvency than 95% of companies in creative and performing artssector median 46.9% · 298 companies 97.2% View
  • Board changedlatest change 03-12-2025 · 3 in office 1 joined · 1 left View

Recent changes

  1. · Gazette deed Resignation: Tara Saclier (director)Appointment: Agnès-Marie Magain (director)
  2. · Gazette deed Incorporation
All 9 events

Comparable companies

These companies have the same main activity as Fields Are Burning Studio: performing arts by artistic ensembles (NACE 90202). They are comparable in size and age: total assets between €15,800 and €47,500, founded between 2015 and 2019.

CompanyTotal assetsGross margin
Fields Are Burning Studio Sint-Jans-Molenbeek€21,104€14,711
DE ENTERTAINER Antwerpen€19,359€24,097
Boskat Boechout€37,324€34,188
VZW OUTER Merelbeke-Melle€35,108€31,584
Schizophrenia Antwerpen€47,465€24,368
Davy's Drumschool Lommel€15,814€16,062
WALLONIE BUSINESS SOC. Braine-le-Château€33,674€5,397
Full comparison

Key facts about Fields Are Burning Studio

What is the company number of Fields Are Burning Studio?
The company number of Fields Are Burning Studio is 0762.517.493. The VAT number is the same number with BE in front: BE 0762.517.493.
Where is Fields Are Burning Studio based?
The registered office is at Scheldestraat 60, 1080 Sint-Jans-Molenbeek.Company details
What does Fields Are Burning Studio do?
According to the KBO register, the main activity is performing arts by artistic ensembles (NACE 90202).
What is the legal form of Fields Are Burning Studio?
The legal form of Fields Are Burning Studio is Non-profit association (VZW).
When was Fields Are Burning Studio founded?
Fields Are Burning Studio was founded on 26-01-2021.
Is Fields Are Burning Studio still active?
Yes, Fields Are Burning Studio is an active enterprise in the KBO register.
What is the turnover of Fields Are Burning Studio?
The turnover in financial year 2025 is ≈ €70,000. This figure is estimated from the gross margin of €14,711 and 30 comparable companies (NACE 902). It probably lies between €42,000 and €130,000. It is a rough estimate.Financials
Is Fields Are Burning Studio profitable?
In financial year 2025, Fields Are Burning Studio made a profit of €14,353.
Where can I find the annual accounts of Fields Are Burning Studio?
Fields Are Burning Studio filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Fields Are Burning Studio due?
Fields Are Burning Studio must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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