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GRANVAT

Active
Non-profit associationfounded 201214 yrs activeSint-Hubertusstraat 47, 2600 Antwerpen, BelgiumKBO/BCE: BE 0843.576.732
Summary

GRANVAT has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €76,595 and a net result of €51,463. Its solvency ranks better than 75% of 2035 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Checked score

Score 2025
Axes
Profitability100
Solvency100
Growth-
Track record85
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days acceptable
Liquidity ample (current ratio 6.94; short-term debt: 11.7% and cash: 73.3% of total assets), and 23.7% 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-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
Arts creation and performing arts activities (NACE 90)
about 58% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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
76.3%
Return on assets
51.3%
Age of the figures
9 mo
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 14 years 0 20 y
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 02-05-2026, 90 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
90 d early
← before the deadline after the deadline →
Checked, nothing found (1)
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

History

GRANVAT was incorporated on 20 January 2012.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Turnover
€111,696
EBIT margin
47.3%
Net result
€51,463
Working capital
€70,028

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €100,382
Fixed assets €18,573
Current assets €81,808
Equity and liabilities €100,382
Equity €76,595
Debt €23,787
Debt finances 23.7% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€62,456
Cash flow
€61,075
Current ratio
6.94
Quick ratio
6.89
Debt to equity
0.31
ROE
67.2%
ROA
51.3%
Interest coverage
44.42
Debt ≤ 1 year
€11,780
Staff costs
€39,386

Peer companies

Historical observation

Of the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
3.9% stopped otherwise
95% still going

For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 34,696 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 42 lines
Balance sheet Code2025
Assets
Total assets20/58€100,382
Fixed assets21/28€18,573
Tangible fixed assets22/27€18,428
Plant, machinery and equipment23€18,428
Financial fixed assets28€145
Current assets29/58€81,808
Stocks and contracts in progress3€647
Stocks30/36€647
Amounts receivable within one year40/41€6,328
Trade receivables40€5,563
Other amounts receivable41€765
Cash at bank and in hand54/58€73,567
Deferred charges and accrued income490/1€1,267
Equity and liabilities
Total equity and liabilities10/49€100,382
Equity10/15€76,595
Reserves13€47,100
Profit (loss) carried forward14€29,495
Amounts payable17/49€23,787
Amounts payable within one year42/48€11,780
Trade debts44€2,197
Suppliers440/4€2,197
Taxes, remuneration and social security45€9,583
Taxes450/3€1,201
Remuneration and social security454/9€8,383
Accrued charges and deferred income492/3€12,007
Income statement Code2025
Turnover70€111,696
Goods, raw materials, services and sundry goods60/61€55,701
Remuneration, social security and pensions62€39,386
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,611
Other operating charges640/8€21,721
Gross operating margin9900€123,562
Operating profit (loss)9901€52,844
Financial income75/76B€25
Recurring financial income75€25
Financial charges65/66B€1,406
Recurring financial charges65€1,406
Profit (loss) for the period before taxes9903€51,463
Profit (loss) for the period9904€51,463
Profit (loss) for the period to be appropriated9905€51,463
Appropriation of the result
Profit (loss) to be appropriated9906€76,595
Profit (loss) brought forward from the previous period14P€25,131
To contributions691€47,100

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Turnover70€111,696
Goods, raw materials, services and sundry goods60/61€55,701
Remuneration, social security and pensions62€39,386
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,611
Other operating charges640/8€21,721
Gross operating margin9900€123,562
Operating profit (loss)9901€52,844
Financial income75/76B€25
Recurring financial income75€25
Financial charges65/66B€1,406
Recurring financial charges65€1,406
Profit (loss) for the period before taxes9903€51,463
Profit (loss) for the period9904€51,463
Profit (loss) for the period to be appropriated9905€51,463
Line2025
Assets
Total assets20/58€100,382
Fixed assets21/28€18,573
Tangible fixed assets22/27€18,428
Plant, machinery and equipment23€18,428
Financial fixed assets28€145
Current assets29/58€81,808
Stocks and contracts in progress3€647
Stocks30/36€647
Amounts receivable within one year40/41€6,328
Trade receivables40€5,563
Other amounts receivable41€765
Cash at bank and in hand54/58€73,567
Deferred charges and accrued income490/1€1,267
Equity and liabilities
Total equity and liabilities10/49€100,382
Equity10/15€76,595
Reserves13€47,100
Profit (loss) carried forward14€29,495
Amounts payable17/49€23,787
Amounts payable within one year42/48€11,780
Trade debts44€2,197
Suppliers440/4€2,197
Taxes, remuneration and social security45€9,583
Taxes450/3€1,201
Remuneration and social security454/9€8,383
Accrued charges and deferred income492/3€12,007
Line2025
Profit (loss) for the period9904€51,463
+ Depreciation and write-downs630€9,611
Operating cash flow (approximation)€61,075

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
02-05
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2017
seat establishment The establishment unit on the map
Ground area
144 m²
Building footprint
92 m²
Volume, LiDAR
672 m³
Parcel 11303B0419/00H003, Flanders · tallest building 13.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
GRANVAT
Sint-Hubertusstraat 47, 2600 AntwerpenArts creation and performing arts activities
since 20172.261.373.074
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11303B0419/00H003 Flanders 144 m² 1 · 92 m² 13.7 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Subsidies and aid

Flemish government

2022 to 2025 · 8 entries · 62,159 EUR awarded · 60,620 EUR paid
Year Entries awardedpaid
2025 3 33,718 EUR32,179 EUR
2024 2 12,798 EUR12,798 EUR
2023 2 13,643 EUR13,643 EUR
2022 1 2,000 EUR2,000 EUR

Similar companies · same sector, comparable size

Of 8,307 companies in sector 90201 we hold annual accounts for 603. 485 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formNon-profit association
Founded20-01-2012
Fiscal year end31-12
Activities, NACEBEL 2025
90201Performing arts by independent artists
90393Specialised image, lighting and sound technical services
90391Promotion and organisation of arts and performing arts events
90399Other support activities for arts and performing arts
E-invoicing
Reachable via Peppol
Peppol ID 0208:0843576732
Also 9925:BE0843576732
Registered 17-11-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.