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Groep 24

Active
Private limited companyfounded 2013active for 13 yearsTen Briele 16, 8200 Brugge, BelgiumKBO/BCE: BE 0521.789.229
Summary

Groep 24 has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €279,431 and a net result of €1.5m. Equity is growing by about 33% per year across the filed financial years. Its solvency ranks better than 19% of 640 sector peers (NACE 90, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisFollow ReportCompare
Groep 24ActiveChecked score 87/100
Risk analysis ReportCompare

Overview

Activity
Promotion and organisation of arts and performing arts events
NACE 90391Organisation of conventions and trade shows NACE 82300
8th largest company by total assets in West Flanders, Creative and performing arts sector2 sites
Size
€5.5mtotal assets 2025
Staff
12.4 FTE
Equity
€279,431
Profit
€1.5m
Turnover not published (abbreviated format)
Financial health
87 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
2025 accounts 1 day early8 deeds in the Belgian Official Gazette
Why 87raises riskEquity €279,431 (5.0% of total assets)lowers riskSize: 12.4 FTE, total assets €5.5mSector: Arts creation and performing arts activities (NACE 90)Profit of €1.5m (financial year 2025)Show the evidence

Checked score

Score 2025
87 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 36% of its sector peers (NACE 90, small)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Average
Solvency 30-1
equity 5.0% of total assets
Liquidity 28-17
short-term debt 66.1% · cash 10.4%
Profitability 100+14
return on assets 27.3%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median < 0.1% (224 companies, NACE 90, small)
Last 24 months 11-2024: 0.4% 12-2024: 0.5%▲ +0.1 percentage points vs 11-2024highest value 01-2025: 0.1%▼ -0.4 percentage points vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025lowest value 03-2025: 0.1%● unchanged vs 02-2025lowest value 04-2025: 0.1%● unchanged vs 03-2025lowest value 05-2025: 0.1%● unchanged vs 04-2025lowest value 06-2025: 0.1%● unchanged vs 05-2025lowest value 07-2025: 0.1%● unchanged vs 06-2025lowest value 08-2025: 0.1%● unchanged vs 07-2025 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: 0.2%▲ +0.1 percentage points vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026
Credit of up to €24,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.37, compared with 1.51 in 2024, below the usual 1.5; short-term debt: 66.1% and cash: 10.4% of total assets), and 95% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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, small): better than 12% on solvency, 9% on liquidity, 98% on profitability and 24% on growth.

The bankruptcy probability was computed on 24-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Equity €279,431 (5.0% of total assets)
NBB · annual accounts
lowers risk · Size: 12.4 FTE, total assets €5.5m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Sector: Arts creation and performing arts activities (NACE 90)
KBO
lowers risk · Profit of €1.5m (financial year 2025)
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 640 sector peers (2025).
NBB · sector comparison
Position among 640 sector peers
Solvency
better than 19%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 day early
2024
52 days early
2023
1 day early
2022
111 days early
2021
11 days early
2020
23 days early
2019
38 days 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 34 days before the deadline; the sector median (NACE 90) for financial year 2024 is 4 days before the deadline, and 38% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 20 January (4 of the last 5 filed years within 41 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end25-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Highest result from 2019 to 2025net €1.5m ▲106%
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Positive: Result rose in 2025from €734,661 to €1.5m ▲ 106% View
  • Positive: Among the best 5% on net resultsector median €12,387 · 643 companies €1.5m View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 7 profitable years in a rowprofit 2025: €1.5m 7 years View

By topic

Financials

Financial year
2025
Total assets
€5.5m
Profit
€1.5m
Solvency
5.0%
Total assets▲ 5.5%
Net result
20192025
Go to Financials

Timeline

Events
16
Since
2015
Next accounts
by 31-01-2027
  1. 30-01-2024Annual accounts filed
  2. 30-06-2023Equity above €200,000
  3. 12-10-2022Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
Promotion and organisation of arts and performing arts…NACE 90391
Founded
05-03-2013
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

Key facts about Groep 24

What is the company number of Groep 24?
0521.789.229. In Belgium the VAT number is the company number with BE in front: BE 0521.789.229.
Where is Groep 24 based?
The registered office is at Ten Briele 16, 8200 Brugge.Company details
What does Groep 24 do?
According to the KBO register, the main activity is promotion and organisation of arts and performing arts events (NACE 90391).
What is the legal form of Groep 24?
Private limited company (BV).
When was Groep 24 founded?
On 05-03-2013.
Is Groep 24 still active?
Yes, Groep 24 is an active enterprise in the KBO register.
How many employees does Groep 24 have?
On average 12.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Groep 24?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is Groep 24 profitable?
In financial year 2025, Groep 24 made a profit of €1.5m.
Where can I find the annual accounts of Groep 24?
Groep 24 filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Groep 24 due?
By 31-01-2027, for financial year 2026.Timeline

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