Skip to content

Groove Sessions

Active
Private limited companyfounded 2016active for 10 yearsHoveniersstraat 1, 2300 Turnhout, BelgiumKBO/BCE: BE 0647.970.391
Summary

Groove Sessions has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€236,417) and a net result of -€19,511. Equity is shrinking by about 12% per year across the filed financial years. Its solvency ranks better than 5% of 640 sector peers (NACE 90, financial year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Risk analysisFollow ReportCompare
Groove SessionsActiveChecked score 53/100
Risk analysis ReportCompare

Overview

Activity
Promotion and organisation of arts and performing arts events
NACE 90391Organisation of conventions and trade shows NACE 82300
1 site
Size
€47,809total assets 2025
Staff
0.4 FTE
Equity
-€236,417
Loss
-€19,511
Turnover not published (abbreviated format)
Financial health
53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.2%
Structure
Parent
LAMUSO · 100%
  • LANGEWOUTERS Kim Marie Louise Jozef JohanDirector
  • POKOÏK Wladimir RenatoDirector
2025 accounts 25 days early1 of 5 deeds summarised
Why 53raises riskCapped at 59: negative equityLoss of €19,511 (financial year 2025)Negative equity -€236,417lowers riskSector: Arts creation and performing arts activities (NACE 90)Size: 0.4 FTE, total assets €47,809Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 14% of its sector peers (NACE 90, micro)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 0=
equity -494.5% of total assets
Liquidity 14+6
short-term debt 359.2% · cash 11.3%
Profitability 0-100
return on assets -40.8%
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (3,419 companies, NACE 90, micro)
Last 24 months 11-2024: 0.5% 12-2024: 0.5%● unchanged vs 11-2024 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.4%▼ -0.1 percentage points vs 06-2025 08-2025: 0.4%● unchanged vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025lowest value 12-2025: 0.4%● unchanged vs 11-2025lowest value 01-2026: 0.4%● unchanged vs 12-2025lowest value 02-2026: 0.4%● unchanged vs 01-2026lowest value 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 1.1%▲ +0.7 percentage points vs 07-2026 09-2026: 1.1%● unchanged vs 08-2026 10-2026: 1.2%▲ +0.1 percentage points vs 09-2026highest value
No credit on open account
Liquidity insufficient (current ratio 0.28, compared with 0.11 in 2024, below 1; short-term debt: 359.2% and cash: 11.3% of total assets), and equity is negative.
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, micro): better than 6% on solvency, 9% on liquidity, 7% on profitability and 32% on growth.

The bankruptcy probability was computed on 23-10-2026 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).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Loss of €19,511 (financial year 2025)
NBB · annual accounts
raises risk · Negative equity -€236,417
NBB · annual accounts
lowers risk · Sector: Arts creation and performing arts activities (NACE 90)
KBO
lowers risk · Size: 0.4 FTE, total assets €47,809
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€236,417
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 06-07-2026, 25 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
25 days early
2024
50 days early
2023
36 days early
2022
26 days early
2021
29 days late
2020
22 days early
2019
14 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 21 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 next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 5 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Annual accounts filedfinancial year 2024 · abbreviated…
  3. Back to profitnet €52,495

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€236,417 View
  • Caution: From profit to loss in 2025after €52,495 in 2024 -€19,511 View
  • Caution: Among the weakest 5% on solvencysector median 41.9% · 640 companies -494.5% View
  • Controlled by LAMUSO 100% View
  • Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View

By topic

Financials

Financial year
2025
Total assets
€47,809
Loss
-€19,511
Solvency
-494.5%
Total assets▲ 263%
Net result
20182025
Go to Financials

Board & ownership

Board
2 members
Parent
LAMUSO · 100%
  • LANGEWOUTERS Kim Marie Louise Jozef JohanDirector
  • POKOÏK Wladimir RenatoDirector
Go to Board & ownership

Timeline

Events
13
Since
2018
Next accounts
by 31-07-2027
  1. 25-06-2024Annual accounts filed
  2. 22-01-2024Resignations: LANGEWOUTERS Kim Marie Louise Jozef Johan…
  3. 05-07-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Promotion and organisation of arts and performing arts…NACE 90391
Founded
10-02-2016
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
12
Annual meeting
First Wednesday of June at 20:00
Purpose
“Het organiseren,promoten en verspreiden van culturele activiteiten op muzikaal gebied,het…” (deed in Dutch)
Go to Articles of association

Key facts about Groove Sessions

What is the company number of Groove Sessions?
0647.970.391. In Belgium the VAT number is the company number with BE in front: BE 0647.970.391.
Where is Groove Sessions based?
The registered office is at Hoveniersstraat 1, 2300 Turnhout.Company details
What does Groove Sessions 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 Groove Sessions?
Private limited company (BV).
When was Groove Sessions founded?
On 10-02-2016.
Is Groove Sessions still active?
Yes, Groove Sessions is an active enterprise in the KBO register.
How many employees does Groove Sessions have?
On average 0.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Groove Sessions?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is Groove Sessions profitable?
In financial year 2025, Groove Sessions made a loss of €19,511.
Where can I find the annual accounts of Groove Sessions?
Groove Sessions filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Groove Sessions due?
By 31-07-2027, for financial year 2026.Timeline

Companies related to Groove Sessions

Go further with this company

How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

We would like to set cookies. That happens only with your consent. What we measure