HOUMUZAS

Active

Private limited companyfounded 20197 yrs activeTorhoutsestraat 197, 8020 Oostkamp, BelgiumKBO/BCE: BE 0727.433.979

Summary

HOUMUZAS has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €23,856 and a net result of €7,924. Equity is shrinking by ~2.6% per year across the filed fiscal years. Its solvency ranks better than 76% of 2204 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Risk analysisWatch Report Compare

HOUMUZASActiveChecked score 98/100

Risk analysis Report Compare

Activity

Promotion and organisation of arts and performing arts events

NACE 90391NACE 90021

1 site

Size

€31,039total assets 2025

Equity: €23,856
Profit: €7,924

Turnover not published (abridged schema)

Financial health

98 Excellent Checked score 2025

Bankruptcy chance 12 m: < 0.1%

Structure

Accounts filed 28 d late0 of 3 deeds read

Why 98+ Sector Arts creation and performing arts activities (NACE 90)+ Liquidity: current ratio 5.58, cash €22,707+ Equity €23,856 (76.9% of total assets)+ Figures for FY 2025 (filed 28-08-2026)Show the evidence

Checked score

Score 2025

98 / 100

Excellent

Probability in this band: under 0.55%

Better than 88% of its sector peers (NACE 90, micro)

Performance against the sector, not lower risk

Every signal that weighs is under Signals.

Financial strength · tick = 2024

Strong

Solvency 100+10

equity 76.9% of total assets

Liquidity 96+7

short-term debt 16.1% · cash 73.2%

Profitability 100=

return on assets 25.5%

Bankruptcy probability, 12 months

< 0.1% Very low

0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (3,386 companies)

Last 16 months 07-2025: 0.1% 08-2025: 0.2%▲ +103% vs 07-2025highest value 09-2025: < 0.1%▼ -78.5% vs 08-2025 10-2025: < 0.1%● 0.0% vs 09-2025 11-2025: < 0.1%● 0.0% vs 10-2025 12-2025: < 0.1%● 0.0% vs 11-2025 01-2026: < 0.1%● 0.0% vs 12-2025 02-2026: < 0.1%● 0.0% vs 01-2026 03-2026: < 0.1%▲ +4.9% vs 02-2026 04-2026: < 0.1%▲ +4.7% vs 03-2026 05-2026: < 0.1%● 0.0% vs 04-2026 06-2026: < 0.1%● 0.0% vs 05-2026 07-2026: < 0.1%▲ +6.7% vs 06-2026 08-2026: 0.1%▲ +104% vs 07-2026 09-2026: < 0.1%▼ -61.2% vs 08-2026lowest value 10-2026: < 0.1%● 0.0% vs 09-2026lowest value

Sector Arts creation and performing arts activities (NACE 90) lowers the probability
Liquidity: current ratio 5.58, cash €22,707 lowers the probability
Equity €23,856 (76.9% of total assets) lowers the probability
Figures for FY 2025 (filed 28-08-2026) lowers the probability

Credit up to €2,000 at 30 days acceptable

Liquidity ample (current ratio 5.58 against 3.3 in 2024; short-term debt: 16.1% and cash: 73.2% of total assets), and 23.1% of the assets are financed with debt.

How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 90, micro). Better than this share of them on solvency 88%, liquidity 88%, profitability 91%, growth against the median 84%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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○neutral

Sector Arts creation and performing arts activities (NACE 90)

In the bankruptcy model this factor lowers the probability.

KBO

Liquidity: current ratio 5.58, cash €22,707

In the bankruptcy model this factor lowers the probability.

NBB · annual accounts

Equity €23,856 (76.9% of total assets)

In the bankruptcy model this factor lowers the probability.

NBB · annual accounts

Figures for FY 2025 (filed 28-08-2026)

In the bankruptcy model this factor lowers the probability.

NBB · annual accounts

Growing equity

Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.

NBB · annual accounts 2025

Equity per financial year

202122232425

2020 to 2025 · latest year €23,856

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 6 filings

Deviation from the deadline

2025

28 d late

2024

27 d late

2023

on the day

2022

3 d early

2021

11 d early

2020

1 d early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 7 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)

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 1 August (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Position in the running window

02-10-2026 today31-12-2026 close31-07-2027 deadline

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