Inuit
ActiveSummary
The annual accounts of Inuit for fiscal year 2025 show a net loss of 95% of total assets and of 62% of the equity at the start of that year. The 2025 annual accounts show equity of €2,769 and a net result of -€4,478. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 58% of 2029 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
59
/ 100
Fair
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-21
Solvency84▲+10
Growth22▼-20
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
balance sheet total too small for a liquidity verdict.
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 →
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 2025Age of the figures
Age of the figures
9 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
202122232425
2020 to 2025 · latest year -€4,478
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 22-07-2026, 9 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
9 d early
2024
19 d late
2023
27 d early
2022
40 d early
2021
39 d early
2020
44 d late
← 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 9 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 5 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 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 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?Public money How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Turnover
€6,143▼ 79.2%
2024 · €29,551
EBIT margin
-70.1%▼ 68.1pp
2024 · -2.0%
Net result
-€4,478▼ 352%
2024 · -€991
Working capital
€3,077▼ 64.1%
2024 · €8,575
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
Turnover€25,178€22,868▼ 9.2%€29,551▲ 29.2%€6,143▼ 79.2%
Operating result-€9,802-€355▲ 96.4%€3,709-€591-€4,308▼ 629%
Net result-€10,044below the sector's middle half-€442within the sector's middle half▲ 95.6%€3,508within the sector's middle half-€991within the sector's middle half-€4,478below the sector's middle half▼ 352%
EBIT margin-1.4%16.2%▲ 17.6pp-2.0%▼ 18.2pp-70.1%▼ 68.1pp
Equity€5,173below the sector's middle half▼ 66.0%€4,730below the sector's middle half▼ 8.5%€8,239within the sector's middle half▲ 74.2%€7,247below the sector's middle half▼ 12.0%€2,769below the sector's middle half▼ 61.8%
Total assets€5,301below the sector's middle half▼ 80.5%€23,477below the sector's middle half▲ 343%€13,641below the sector's middle half▼ 41.9%€14,939below the sector's middle half▲ 9.5%€4,689below the sector's middle half▼ 68.6%
Debt€128▼ 98.9%€18,747▲ 14,516%€5,402▼ 71.2%€7,692▲ 42.4%€1,919▼ 75.0%
Working capital€5,173within the sector's middle half▼ 66.0%€23,230within the sector's middle half▲ 349%€8,442within the sector's middle half▼ 63.7%€8,575within the sector's middle half▲ 1.6%€3,077within the sector's middle half▼ 64.1%
Solvency97.6%above the sector's middle half▲ 41.5pp20.1%within the sector's middle half▼ 77.4pp60.4%within the sector's middle half▲ 40.2pp48.5%within the sector's middle half▼ 11.9pp
Current ratio41.33above the sector's middle half▲ 39.0595.04above the sector's middle half▲ 53.712.62within the sector's middle half▼ 92.422.35within the sector's middle half▼ 0.28
Return on assets (ROA)-189.5%below the sector's middle half▼ 248.2pp-1.9%within the sector's middle half▲ 187.6pp25.7%above the sector's middle half▲ 27.6pp-6.6%below the sector's middle half▼ 32.4pp
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 micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €4,308 in 2025 against €591 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €4,689
Equity
€2,769 ▼ 61.8%
Debt
€1,919 ▼ 75.0%
Debt's share of the balance-sheet total falls from 51.5% to 40.9%. Equity and debt are lower.
Key figures and ratios
Debt ≤ 1 year
€1,612▼
2024 · €6,364
Staff costs
€9,380▼
2024 · €13,107
Ratios withheld: a balance sheet total of €4,689 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,592 companies that looked in July 2024 the way this one looks now, 3.0% went bankrupt within 24 months and 87% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
3.0%
went bankrupt
9.5%
stopped otherwise
87%
still going
A further 0.2% 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 497,338 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 3,592 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 | - | €25,178 | €22,868 | €29,551 | €6,143 | ▼ 79.2% |
| Goods, raw materials, services and sundry goods60/61 | - | €30,605 | €33,597 | €38,689 | €15,665 | ▼ 59.5% |
| Remuneration, social security and pensions62 | €169 | - | €18,861 | €13,107 | €9,380 | ▼ 28.4% |
| Other operating charges640/8 | - | - | - | - | €33 | - |
| Non-recurring operating charges66A | €10,000 | - | - | - | - | - |
| Gross operating margin9900 | €367 | -€355 | €22,570 | €12,516 | €5,105 | ▼ 59.2% |
| Operating profit (loss)9901 | -€9,802 | -€355 | €3,709 | -€591 | -€4,308 | ▼ 629% |
| Financial income75/76B | - | €4 | €0 | - | €0 | - |
| Recurring financial income75 | - | €4 | €0 | - | €0 | - |
| Financial charges65/66B | €241 | €92 | €201 | €400 | €170 | ▼ 57.5% |
| Recurring financial charges65 | €241 | €92 | €201 | €400 | €170 | ▼ 57.5% |
| Profit (loss) for the period before taxes9903 | -€10,044 | -€442 | €3,508 | -€991 | -€4,478 | ▼ 352% |
| Profit (loss) for the period9904 | -€10,044 | -€442 | €3,508 | -€991 | -€4,478 | ▼ 352% |
| Profit (loss) for the period to be appropriated9905 | -€10,044 | -€442 | €3,508 | -€991 | -€4,478 | ▼ 352% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €5,301 | €23,477 | €13,641 | €14,939 | €4,689 | ▼ 68.6% |
| Current assets29/58 | €5,301 | €23,477 | €13,641 | €14,939 | €4,689 | ▼ 68.6% |
| Amounts receivable within one year40/41 | €1,562 | €4,032 | €2,133 | €1,093 | €1,429 | ▲ 30.8% |
| Trade receivables40 | €500 | €4,032 | €1,392 | €508 | - | - |
| Other amounts receivable41 | €1,062 | - | €742 | €585 | €1,429 | ▲ 144% |
| Cash at bank and in hand54/58 | €3,683 | €19,230 | €11,287 | €13,709 | €2,000 | ▼ 85.4% |
| Deferred charges and accrued income490/1 | €56 | €216 | €220 | €137 | €1,259 | ▲ 820% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €5,301 | €23,477 | €13,641 | €14,939 | €4,689 | ▼ 68.6% |
| Equity10/15 | €5,173 | €4,730 | €8,239 | €7,247 | €2,769 | ▼ 61.8% |
| Profit (loss) carried forward14 | €5,173 | €4,730 | €8,239 | €7,247 | €2,769 | ▼ 61.8% |
| Amounts payable17/49 | €128 | €18,747 | €5,402 | €7,692 | €1,919 | ▼ 75.0% |
| Amounts payable within one year42/48 | €128 | €247 | €5,198 | €6,364 | €1,612 | ▼ 74.7% |
| Trade debts44 | €128 | €94 | €2 | €3,700 | €1,612 | ▼ 56.4% |
| Suppliers440/4 | €128 | €94 | €2 | €3,700 | €1,612 | ▼ 56.4% |
| Taxes, remuneration and social security45 | - | €153 | €5,197 | €2,664 | - | - |
| Taxes450/3 | - | €153 | €809 | €1,252 | - | - |
| Remuneration and social security454/9 | - | - | €4,388 | €1,412 | - | - |
| Accrued charges and deferred income492/3 | - | €18,500 | €204 | €1,327 | €307 | ▼ 76.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€10,044 | -€442 | €3,508 | -€991 | -€4,478 | ▼ 352% |
| Operating cash flow (approximation) | -€10,044 | -€442 | €3,508 | -€991 | -€4,478 | ▼ 352% |
| Change in cash | - | €15,547 | -€7,943 | €2,422 | -€11,708 | ▼ 583% |
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
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
19-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 19 days late
2024
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €3,508
Net result €3,508 after 2 loss-making years.
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity doublescurrent ratio 95.04
Current ratio from 41.33 to 95.04.
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet -€10,044
Net result drops to -€10,044, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 18current ratio 41.33
Current ratio from 2.28 to 41.33; short-term debt falls from €11,917 to €128.
13-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 44 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
3 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, Leuven · 1 establishment unit since 2020
Ground area
94 m²
Building footprint
65 m²
Parcel 24062A0989/00C006, Flanders. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Inuit
since 20202.311.108.241
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24062A0989/00C006 | Flanders | 94 m² | 1 · 65 m² | - |
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
2023 · 1 entry · 9,750 EUR awarded · 9,750 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 9,750 EUR | 9,750 EUR |
Similar companies · same sector, comparable size
LE CLANDESTIN
BE 0722.987.124
Nivelles · Eq €2,806
Evolver Media Productions
BE 0766.429.266
Bekkevoort · Eq €2,876
Events & Food
BE 0642.826.423
Evere · Eq €2,893
KUNDA
BE 0663.637.673
Mont-Saint-Guibert · Eq €2,580
Autonom
BE 0786.351.185
Brussel · Eq €3,000
Of 3,530 companies in sector 90391 we hold annual accounts for 684. 210 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
Founded31-07-2018
Fiscal year end31-12
Abbreviation NL
IU
Activities, NACEBEL 2025
90391Promotion and organisation of arts and performing arts events
56301Cafés and bars
E-invoicing
Reachable via Peppol
Peppol ID
0208:0700543601
Also
9925:BE0700543601
Registered
24-11-2023
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.