Graspop
ActiveSummary
Graspop has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.7m and a net result of €8,988. Equity remains stable across the filed fiscal years (±1% per year). Its solvency ranks better than 95% of 234 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability69▼-6
Solvency100=
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €150,000 at 30 days acceptable
Liquidity ample (current ratio 16.78 against 57.29 in 2024; short-term debt: 5.8% and cash: 30.3% of total assets), and 5.8% 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 dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
94.2%
Return on assets
0.5%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-08-2026, 7 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 filingsDeviation from the deadline
2025
7 d late
2024
145 d late
2023
22 d late
2022
71 d late
2021
436 d late
2020
61 d late
2019
112 d late
← 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 122 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 10 October (4 of the last 5 filed years within 74 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€8,988▼ 90.3%
2024 · €92,949
Working capital
€1.7m▲ 1.1%
2024 · €1.6m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 90, Arts creation and performing arts activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€211,849▲ 31.2%€200,188€64,263▼ 67.9%€93,949▲ 46.2%€10,528▼ 88.8%
Net result-€213,260below the sector's middle half▲ 31.1%€198,865above the sector's middle half€62,999within the sector's middle half▼ 68.3%€92,949within the sector's middle half▲ 47.5%€8,988within the sector's middle half▼ 90.3%
Equity€1.3mabove the sector's middle half▼ 13.7%€1.5mabove the sector's middle half▲ 14.9%€1.6mabove the sector's middle half▲ 4.1%€1.7mabove the sector's middle half▲ 5.8%€1.7mabove the sector's middle half▲ 0.5%
Total assets€1.3mwithin the sector's middle half▼ 14.1%€1.6mwithin the sector's middle half▲ 16.8%€1.7mwithin the sector's middle half▲ 8.7%€1.7mwithin the sector's middle half▲ 0.5%€1.8mwithin the sector's middle half▲ 5.0%
Debt€11,318▼ 43.9%€38,841▲ 243%€112,881▲ 191%€29,308▼ 74.0%€105,700▲ 261%
Working capital€1.3mabove the sector's middle half▼ 13.9%€1.5mabove the sector's middle half▲ 15.0%€1.6mabove the sector's middle half▲ 3.6%€1.6mabove the sector's middle half▲ 3.9%€1.7mabove the sector's middle half▲ 1.1%
Solvency99.2%above the sector's middle half▲ 0.4pp97.5%above the sector's middle half▼ 1.6pp93.4%above the sector's middle half▼ 4.1pp98.3%above the sector's middle half▲ 4.9pp94.2%above the sector's middle half▼ 4.1pp
Current ratio40.48above the sector's middle half15.07above the sector's middle half▼ 25.4157.29above the sector's middle half▲ 42.2216.78above the sector's middle half▼ 40.51
Return on assets (ROA)-15.8%below the sector's middle half▲ 3.9pp12.6%above the sector's middle half▲ 28.4pp3.7%within the sector's middle half▼ 8.9pp5.4%within the sector's middle half▲ 1.7pp0.5%within the sector's middle half▼ 4.9pp
Staff (FTE)
above
within
below
the middle half (P25 to P75) of NACE 90, Arts creation and performing arts activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 89% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.8m
Fixed assets
€34,684 ▼ 20.5%
Current assets
€1.8m ▲ 5.6%
Equity and liabilities €1.8m
Equity
€1.7m ▲ 0.5%
Debt
€105,700 ▲ 261%
Debt's share of the balance-sheet total rises from 1.7% to 5.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€25,207▼
2024 · €103,605
Cash flow
€23,667▼
2024 · €102,605
Debt to equity
0.06▲
2024 · 0.02
ROE
0.5%▼
2024 · 5.5%
Interest coverage
21.32▼
2024 · 147.28
Debt ≤ 1 year
€105,700▲
2024 · €29,308
Income taxes
€392▼
2024 · €612
Staff costs
€9,698▲
2024 · €8,962
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 14,732 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.2%
went bankrupt
3.5%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.9% |
| 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 14,732 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €21,789 | - | - | - |
| Remuneration, social security and pensions62 | €4,381 | €25,204 | - | €8,962 | €9,698 | ▲ 8.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,406 | €1,463 | €3,059 | €9,656 | €14,679 | ▲ 52.0% |
| Other operating charges640/8 | €1,482 | €1,805 | €1,722 | €777 | €1,070 | ▲ 37.8% |
| Gross operating margin9900 | -€204,580 | €228,660 | €69,045 | €113,344 | €35,975 | ▼ 68.3% |
| Operating profit (loss)9901 | -€211,849 | €200,188 | €64,263 | €93,949 | €10,528 | ▼ 88.8% |
| Financial income75/76B | €9 | €15 | €3 | €315 | €34 | ▼ 89.1% |
| Recurring financial income75 | €9 | €15 | €3 | €315 | €34 | ▼ 89.1% |
| Financial charges65/66B | €479 | €466 | €755 | €703 | €1,182 | ▲ 68.1% |
| Recurring financial charges65 | €479 | €466 | €755 | €703 | €1,182 | ▲ 68.1% |
| Profit (loss) for the period before taxes9903 | -€212,318 | €199,737 | €63,512 | €93,561 | €9,380 | ▼ 90.0% |
| Income taxes67/77 | €942 | €872 | €513 | €612 | €392 | ▼ 35.9% |
| Profit (loss) for the period9904 | -€213,260 | €198,865 | €62,999 | €92,949 | €8,988 | ▼ 90.3% |
| Profit (loss) for the period to be appropriated9905 | -€213,260 | €198,865 | €62,999 | €92,949 | €8,988 | ▼ 90.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.3m | €1.6m | €1.7m | €1.7m | €1.8m | ▲ 5.0% |
| Fixed assets21/28 | €5,537 | €4,075 | €12,076 | €43,613 | €34,684 | ▼ 20.5% |
| Tangible fixed assets22/27 | €5,537 | €4,075 | €12,076 | €43,613 | €34,684 | ▼ 20.5% |
| Plant, machinery and equipment23 | €363 | €182 | €7,509 | €23,463 | €22,432 | ▼ 4.4% |
| Furniture and vehicles24 | €5,174 | €3,893 | €4,567 | €20,150 | €12,252 | ▼ 39.2% |
| Current assets29/58 | €1.3m | €1.6m | €1.7m | €1.7m | €1.8m | ▲ 5.6% |
| Amounts receivable within one year40/41 | €523,362 | €521,792 | €594,263 | €529,286 | €519,708 | ▼ 1.8% |
| Trade receivables40 | €11,522 | €6,718 | €83,013 | €14,148 | €7,531 | ▼ 46.8% |
| Other amounts receivable41 | €511,841 | €515,074 | €511,250 | €515,139 | €512,177 | ▼ 0.6% |
| Current investments50/53 | €713,397 | €713,397 | €713,397 | €709,672 | €705,667 | ▼ 0.6% |
| Cash at bank and in hand54/58 | €107,524 | €336,945 | €392,731 | €440,051 | €547,120 | ▲ 24.3% |
| Deferred charges and accrued income490/1 | - | - | €781 | - | €825 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.3m | €1.6m | €1.7m | €1.7m | €1.8m | ▲ 5.0% |
| Equity10/15 | €1.3m | €1.5m | €1.6m | €1.7m | €1.7m | ▲ 0.5% |
| Contributions10/11 | €39,663 | €39,663 | €39,663 | €39,663 | €39,663 | = |
| Capital10 | €39,663 | €39,663 | €39,663 | €39,663 | €39,663 | = |
| Reserves13 | €1.3m | €1.5m | €1.6m | €1.7m | €1.7m | ▲ 0.5% |
| Amounts payable17/49 | €11,318 | €38,841 | €112,881 | €29,308 | €105,700 | ▲ 261% |
| Amounts payable within one year42/48 | €11,318 | €38,841 | €112,881 | €29,308 | €105,700 | ▲ 261% |
| Trade debts44 | €3,214 | €37,869 | €23,912 | €25,400 | €21,569 | ▼ 15.1% |
| Suppliers440/4 | €3,214 | €37,869 | €23,912 | €25,400 | €21,569 | ▼ 15.1% |
| Advances received on contracts in progress46 | - | - | €87,511 | - | - | - |
| Taxes, remuneration and social security45 | €8,104 | €872 | €513 | €612 | €82,360 | ▲ 13,355% |
| Taxes450/3 | €8,104 | €872 | €513 | €612 | €82,360 | ▲ 13,355% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€213,260 | €198,865 | €62,999 | €92,949 | €8,988 | ▼ 90.3% |
| + Depreciation and write-downs630 | €1,406 | €1,463 | €3,059 | €9,656 | €14,679 | ▲ 52.0% |
| Operating cash flow (approximation) | -€211,854 | €200,328 | €66,058 | €102,605 | €23,667 | ▼ 76.9% |
| Investment in fixed assets (approximation) | - | €0 | -€11,061 | -€41,193 | -€5,750 | ▲ 86.0% |
| Change in cash | - | €229,422 | €55,786 | €47,320 | €107,068 | ▲ 126% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 7 days late
2025
23-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 145 days late
2024
31-12
Financial
Liquidity quadruplescurrent ratio 57.29
Current ratio from 15.07 to 57.29; short-term debt falls from €112,881 to €29,308.
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 22 days late
2023
10-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 71 days late
10-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 436 days late
2022
31-12
Financial
Back to profitnet €198,865
Net result €198,865 after 3 loss-making years.
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 61 days late
2020
31-12
Financial
Weakest financial yearnet -€309,715
Net result drops to -€309,715, the lowest in the series; recovery starts the following year.
20-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 112 days late
2019
31-12
Financial
Liquidity times 14current ratio 389.40
Current ratio from 28.84 to 389.40; short-term debt falls from €68,593 to €4,784.
23-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 145 days late
2018
01-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 62 days late
2016
27-12
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 149 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Dessel
Ground area
1.6 ha
Building footprint
264 m²
Volume, LiDAR
2,530 m³
Parcel 13006F0065/00L003, Flanders · tallest building 14.4 m, ±4 floors. Linked by address, not a title deed.
15
companies at this address
See who is registered here
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13006F0065/00L003 | Flanders | 1.6 ha | 1 · 264 m² | 14.4 m · 4 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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 22,750 EUR awarded · 22,750 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 22,750 EUR | 22,750 EUR |
Similar companies · same sector, comparable size
QUES
BE 0441.174.509
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STAPOTECH
BE 0474.476.785
Hamont-Achel · Eq €1,681,580
HOME HENRY
BE 0893.599.533
Koksijde · Eq €1,759,609
NEW ALTERNATIVE
BE 0469.636.683
Manage · Eq €1,770,748
SOUND & LIGHT ENGINEERING
BE 0842.155.582
Overijse · Eq €1,772,998
Of 3,395 companies in sector 90393 we hold annual accounts for 942. 330 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
Founded15-03-1997
Fiscal year end31-12
Activities, NACEBEL 2025
90393Specialised image, lighting and sound technical services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0460530363
Also
9925:BE0460530363
Registered
13-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.