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GARIFUNA

Active
Private limited companyfounded 198838 yrs activeVarkensmarkt 1, 2000 Antwerpen, BelgiumKBO/BCE: BE 0435.305.316
Summary

GARIFUNA has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €198,475 and a net result of €41,083. Equity is shrinking by ~3.5% per year across the filed fiscal years. Its solvency ranks better than 30% of 569 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisWatch ReportCompare
GARIFUNAActiveChecked score 72/100
Risk analysis ReportCompare

Overview

What they do
Other support activities for arts and performing arts
NACE 90399NACE 90021NACE 90029
1 site
How big
€968,493total assets 2025
Staff
3.4 FTE
Equity
€198,475
Profit
€41,083
Turnover not published (abridged schema)
Financially healthy?
72 Healthy Checked score 2025
Bankruptcy chance 12 m
0.1%
Who decides
Accounts filed 60 d late0 of 2 deeds read
Why 72+ Lower-failure-rate sector+ Long track record+ Annual accounts: healthy financial profile+ Growing equityFiled after the deadlineShow the evidence

Checked score

Score 2025
72 / 100
Healthy
Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74▼-1
Solvency45▼-7
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14,000 at 30 days acceptable
Liquidity tight (current ratio 1.2 against 1.24 in 2024; short-term debt: 76.2% and cash: 26.4% of total assets), and 79.5% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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
Arts creation and performing arts activities (NACE 90)
about 58% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 38 years 0 40 y
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
20.5%
Return on assets
4.2%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €198,475
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-09-2026, 60 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
60 d late
2024
on the day
2023
30 d late
2022
3 d early
2021
25 d late
2020
25 d early
2019
7 d 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 11 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 38% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 25 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 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
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Annual accounts filedfiscal year 2024 · abbreviated…
  3. Back to profitnet €30,877

Key points

  • Active since 1988founded 15-09-1988 38 years View
  • Total assets 20256 fiscal years filed €968,493 View

By topic

Financials

Fiscal year
2025
Total assets
€968,493
Profit
€41,083
Solvency
20.5%
Total assets▲ 63.6%
Net result
20182025
Go to Financials

Timeline

Events
15
Since
2017
Next accounts
by 31-07-2027
  1. 29-09-2026Annual accounts filed
  2. 31-07-2025Annual accounts filed
  3. 31-12-2024Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Other support activities for arts and performing artsNACE 90399
Founded
15-09-1988
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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