Het Depot
ActiveSummary
Het Depot has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€140,744) and a net result of -€67,490. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 13% of 544 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability50▲+39
Solvency17▼-3
Growth22▼-10
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 1.82 against 1.72 in 2024; short-term debt: 38.6% and cash: 38% of total assets), but equity is negative.
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. The signal on the left, the evidence on the right.
−lowers risk+raises 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-7.8%
Return on assets
-3.7%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€140,744
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 04-05-2026, 88 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
88 d early
2024
122 d early
2023
71 d early
2022
75 d early
2021
96 d early
2020
120 d early
2019
94 d 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 95 days before 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 4 May (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check 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 What other support did companies like this one receive, and it did not?Subsidies
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Turnover
€2.8m▼ 16.7%
2024 · €3.3m
EBIT margin
-2.5%▲ 1.1pp
2024 · -3.6%
Net result
-€67,490▲ 42.8%
2024 · -€118,076
Working capital
€572,019▲ 32.6%
2024 · €431,448
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: 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. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€3.3m€2.8m▼ 16.7%
Operating result€149,315▲ 106%-€37,144-€109,811▼ 196%-€118,215▼ 7.7%-€68,221▲ 42.3%
Net result€148,662above the sector's middle half▲ 105%-€39,097below the sector's middle half-€132,410below the sector's middle half▼ 239%-€118,076below the sector's middle half▲ 10.8%-€67,490below the sector's middle half▲ 42.8%
EBIT margin-3.6%-2.5%▲ 1.1pp
Equity€216,328within the sector's middle half▲ 220%€177,231within the sector's middle half▼ 18.1%€44,821within the sector's middle half▼ 74.7%-€73,255below the sector's middle half-€140,744below the sector's middle half▼ 92.1%
Total assets€855,579within the sector's middle half▼ 2.5%€1.8mwithin the sector's middle half▲ 108%€1.6mwithin the sector's middle half▼ 11.8%€1.5mwithin the sector's middle half▼ 3.3%€1.8mabove the sector's middle half▲ 19.2%
Debt€564,451▼ 23.2%€1.5m▲ 171%€1.4m▼ 5.0%€1.5m▲ 6.5%€1.9m▲ 24.3%
Working capital€530,177above the sector's middle half▼ 22.2%€394,701within the sector's middle half▼ 25.6%€548,906above the sector's middle half▲ 39.1%€431,448within the sector's middle half▼ 21.4%€572,019above the sector's middle half▲ 32.6%
Solvency25.3%within the sector's middle half▲ 17.6pp10.0%below the sector's middle half▼ 15.3pp2.9%below the sector's middle half▼ 7.1pp-4.8%below the sector's middle half▼ 7.7pp-7.8%below the sector's middle half▼ 3.0pp
Current ratio4.25above the sector's middle half▼ 4.371.33within the sector's middle half▼ 2.921.89within the sector's middle half▲ 0.551.72within the sector's middle half▼ 0.171.82within the sector's middle half▲ 0.10
Return on assets (ROA)17.4%above the sector's middle half▲ 9.1pp-2.2%within the sector's middle half▼ 19.6pp-8.4%below the sector's middle half▼ 6.2pp-7.8%below the sector's middle half▲ 0.7pp-3.7%below the sector's middle half▲ 4.0pp
Staff (FTE)10within the sector's middle half▼ 9.1%10.3within the sector's middle half▲ 3.0%8.3within the sector's middle half11.6above the sector's middle half▲ 39.8%
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.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €68,221 in 2025 against €118,215 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.8m
Fixed assets
€537,927 ▲ 10.3%
Current assets
€1.3m ▲ 23.3%
Equity and liabilities
Equity-€140,744
Debt€1.9m
Equity is negative: debt (€1.9m) exceeds the balance-sheet total (€1.8m).
Key figures and ratios
EBITDA
€22,084▲
2024 · -€37,384
Cash flow
€22,815▲
2024 · -€37,245
Quick ratio
1.79▲
2024 · 1.70
Interest coverage
50.53▲
2024 · -66.10
Debt ≤ 1 year
€698,282▲
2024 · €598,391
Debt > 1 year
€264,689=
2024 · €264,689
Staff costs
€736,867▼
2024 · €796,171
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,242 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 93% are still going.
- Small
- 20 years or older
- negative equity
- a small loss
1.9%
went bankrupt
4.0%
stopped otherwise
93%
still going
A further 1.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: < 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 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% | 1.8% |
| 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 1,242 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 |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | €3.3m | €2.8m | ▼ 16.7% |
| Non-recurring operating income76A | - | - | - | €37,451 | €250 | ▼ 99.3% |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €3.3m | €2.8m | ▼ 16.0% |
| Remuneration, social security and pensions62 | €512,349 | €562,976 | €732,415 | €796,171 | €736,867 | ▼ 7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €35,476 | €53,368 | €66,818 | €80,831 | €90,305 | ▲ 11.7% |
| Other operating charges640/8 | €24,576 | €165,418 | €125,380 | €93,738 | €204,964 | ▲ 119% |
| Non-recurring operating charges66A | - | - | - | €69,306 | €2,000 | ▼ 97.1% |
| Gross operating margin9900 | €721,716 | €744,619 | €814,801 | €893,767 | €948,920 | ▲ 6.2% |
| Operating profit (loss)9901 | €149,315 | -€37,144 | -€109,811 | -€118,215 | -€68,221 | ▲ 42.3% |
| Financial income75/76B | €1,138 | €1,633 | €973 | €704 | €1,168 | ▲ 65.9% |
| Recurring financial income75 | €1,138 | €1,633 | €973 | €704 | €1,168 | ▲ 65.9% |
| Financial charges65/66B | €1,792 | €3,586 | €23,572 | €566 | €437 | ▼ 22.7% |
| Recurring financial charges65 | €1,792 | €3,586 | €23,572 | €566 | €437 | ▼ 22.7% |
| Profit (loss) for the period before taxes9903 | €148,662 | -€39,097 | -€132,410 | -€118,076 | -€67,490 | ▲ 42.8% |
| Profit (loss) for the period9904 | €148,662 | -€39,097 | -€132,410 | -€118,076 | -€67,490 | ▲ 42.8% |
| Profit (loss) for the period to be appropriated9905 | €148,662 | -€39,097 | -€132,410 | -€118,076 | -€67,490 | ▲ 42.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €855,579 | €1.8m | €1.6m | €1.5m | €1.8m | ▲ 19.2% |
| Fixed assets21/28 | €162,237 | €201,846 | €401,740 | €487,600 | €537,927 | ▲ 10.3% |
| Intangible fixed assets21 | - | €0 | - | €89,894 | €69,617 | ▼ 22.6% |
| Tangible fixed assets22/27 | €162,237 | €201,846 | €401,740 | €397,705 | €468,309 | ▲ 17.8% |
| Plant, machinery and equipment23 | €97,646 | €156,311 | €181,894 | €105,710 | €105,470 | ▼ 0.2% |
| Furniture and vehicles24 | €2,760 | €2,193 | €1,627 | €3,848 | €2,975 | ▼ 22.7% |
| Other tangible fixed assets26 | €61,832 | €43,342 | €218,219 | €142,809 | €130,801 | ▼ 8.4% |
| Assets under construction and advance payments27 | - | - | - | €145,338 | €229,064 | ▲ 57.6% |
| Current assets29/58 | €693,342 | €1.6m | €1.2m | €1.0m | €1.3m | ▲ 23.3% |
| Stocks and contracts in progress3 | €3,957 | €15,747 | €6,149 | €14,148 | €17,404 | ▲ 23.0% |
| Stocks30/36 | €3,957 | €15,747 | €6,149 | €14,148 | €17,404 | ▲ 23.0% |
| Amounts receivable within one year40/41 | €187,573 | €542,339 | €315,682 | €211,002 | €248,684 | ▲ 17.9% |
| Trade receivables40 | €135,687 | €251,885 | €304,771 | €89,074 | €182,041 | ▲ 104% |
| Other amounts receivable41 | €51,886 | €290,454 | €10,911 | €121,928 | €66,643 | ▼ 45.3% |
| Current investments50/53 | €161,097 | €162,719 | €163,539 | €101,126 | €101,126 | = |
| Cash at bank and in hand54/58 | €337,195 | €687,201 | €639,927 | €617,346 | €687,232 | ▲ 11.3% |
| Deferred charges and accrued income490/1 | €3,520 | €169,179 | €42,584 | €86,215 | €215,854 | ▲ 150% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €855,579 | €1.8m | €1.6m | €1.5m | €1.8m | ▲ 19.2% |
| Equity10/15 | €216,328 | €177,231 | €44,821 | -€73,255 | -€140,744 | ▼ 92.1% |
| Reserves13 | €140,000 | €105,000 | €98,750 | - | - | - |
| Non-distributable reserves130/1 | - | - | €80,000 | - | - | - |
| Other1319 | - | - | €80,000 | - | - | - |
| Tax-exempt reserves132 | - | - | €18,750 | - | - | - |
| Profit (loss) carried forward14 | €76,328 | €72,231 | -€53,929 | -€73,255 | -€140,744 | ▼ 92.1% |
| Provisions and deferred taxes16 | €74,800 | €74,800 | €74,800 | €46,736 | €29,741 | ▼ 36.4% |
| Provisions for liabilities and charges160/5 | €74,800 | €74,800 | €74,800 | €46,736 | €29,741 | ▼ 36.4% |
| Major repairs and maintenance162 | €74,800 | €74,800 | €74,800 | €46,736 | €29,741 | ▼ 36.4% |
| Amounts payable17/49 | €564,451 | €1.5m | €1.4m | €1.5m | €1.9m | ▲ 24.3% |
| Amounts payable after more than one year17 | - | - | - | €264,689 | €264,689 | = |
| Financial debts170/4 | - | - | - | €264,689 | €264,689 | = |
| Amounts payable within one year42/48 | €163,165 | €1.2m | €618,976 | €598,391 | €698,282 | ▲ 16.7% |
| Trade debts44 | €104,295 | €892,675 | €483,702 | €500,446 | €552,922 | ▲ 10.5% |
| Suppliers440/4 | €104,295 | €892,675 | €483,702 | €500,446 | €552,922 | ▲ 10.5% |
| Advances received on contracts in progress46 | - | - | - | - | €5,950 | - |
| Taxes, remuneration and social security45 | €58,870 | €289,809 | €135,273 | €67,298 | €95,385 | ▲ 41.7% |
| Taxes450/3 | - | €228,545 | €65,390 | €8,002 | €13,548 | ▲ 69.3% |
| Remuneration and social security454/9 | €58,870 | €61,264 | €69,883 | €59,296 | €81,836 | ▲ 38.0% |
| Accrued charges and deferred income492/3 | €401,287 | €344,516 | €831,024 | €680,877 | €956,261 | ▲ 40.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €148,662 | -€39,097 | -€132,410 | -€118,076 | -€67,490 | ▲ 42.8% |
| + Depreciation and write-downs630 | €35,476 | €53,368 | €66,818 | €80,831 | €90,305 | ▲ 11.7% |
| Operating cash flow (approximation) | €184,138 | €14,271 | -€65,593 | -€37,245 | €22,815 | ▲ 161% |
| Investment in fixed assets (approximation) | - | -€92,977 | -€266,711 | -€166,691 | -€140,632 | ▲ 15.6% |
| Change in cash | - | €350,006 | -€47,273 | -€22,581 | €69,886 | ▲ 409% |
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
04-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
21-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet -€132,410
Net result drops to -€132,410, the lowest in the series; recovery starts the following year.
17-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
26-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €148,662 ▲105%
Operating result €149,315, net result €148,662, both a record.
31-12
Financial
Equity above €200,000Eq €216,328 ▲220%
2 profitable years in a row build equity to €216,328.
02-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €72,520
Net result €72,520 after 2 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 8.62
Current ratio from 3.88 to 8.62; short-term debt falls from €192,057 to €89,458.
28-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
17-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 170 days late
2018
21-11
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 113 days late
2016
30-03
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 13 acts read
About the unread acts
We know of 13 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
No directors read yet: 0 of 13 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Leuven · 1 establishment unit since 2007
Ground area
1,147 m²
Building footprint
1,167 m²
Volume, LiDAR
15,551 m³
Parcel 24502B0137/00E003, Flanders · tallest building 18.1 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Het Depot
since 20072.159.390.046
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24502B0137/00E003 | Flanders | 1,147 m² | 1 · 1,167 m² | 18.1 m · 5 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Subsidies and aid
Flemish government
2022 to 2025 · 9 entries · 5,752,448 EUR awarded · 1,562,978 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 391,596 EUR | 388,959 EUR |
| 2024 | 2 | 4,533,010 EUR | 379,881 EUR |
| 2023 | 4 | 463,853 EUR | 498,417 EUR |
| 2022 | 2 | 363,989 EUR | 295,721 EUR |
Schemes
Recognitions · licences · registrations
Food safety, FASFC
1 siteLeuven2.159.390.046
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Company details
Identification
Legal formNon-profit association
Founded22-05-2003
Fiscal year end31-12
Activities, NACEBEL 2025
90393Specialised image, lighting and sound technical services
90391Promotion and organisation of arts and performing arts events
E-invoicing
Reachable via Peppol
Peppol ID
0208:0860735735
Also
9925:BE0860735735
Registered
24-11-2023
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.