Financials
- Fiscal year
- 2024
- Total assets
- €591,898
- Profit
- €30,877
- Solvency
- 26.6%
Total assets▲ 13.5%
Net result
20182024
GARIFUNA
ActiveSummary
GARIFUNA has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €157,392 and a net result of €30,877. Equity is shrinking by ~4.5% per year across the filed fiscal years. Its solvency ranks better than 32% of 540 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
What they do
Other support activities for arts and performing arts
NACE 90399NACE 90021NACE 90029
1 site
How big
€591,898total assets 2024
- Staff
- 3.1 FTE
- Equity
- €157,392
- Profit
- €30,877
Turnover not published (abridged schema)
Who decides
Accounts 63 d overdue0 of 2 deeds read
Why 63+ Lower-failure-rate sector+ Long track recordLatest accounts filed on timeShow the evidence
Checked score
Score 2024
Axes · tick = 2023
Profitability75▲+65
Solvency52▲+3
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9,000 at 30 days acceptable
Liquidity tight (current ratio 1.24 against 1.17 in 2023; short-term debt: 66.6% and cash: 0.1% of total assets), and 73.4% of the assets are financed with debt.
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Signals
Three 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 dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-07-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
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 6 accounts on average 3 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 (1)
- Annual accounts filedfiscal year 2024 · abbreviated…
- Back to profitnet €30,877
- Equity above €150,000Eq €157,392 ▲24.4%
Key points
By topic
Timeline
- Events
- 15
- Since
- 2016
- 31-07-2025Annual accounts filed
- 31-12-2024Back to profit
- 31-12-2024Equity above €150,000
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
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