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Complete company report
Generated 19-08-2026
Active BE 0889.658.066Non-profit association

JAZZ A VERVIERS

Haute Levée 30 ·4970 Stavelot, Belgium· 19 yrs active
Sector: Beoefening van uitvoerende kunsten door artistieke ensembles (90202)
Conclusion Checked

The computed 12-month bankruptcy probability of JAZZ A VERVIERS is < 0.1% (very low). The 2023 annual accounts show negative equity (€-3k) and a net result of €-188. Equity is shrinking by ~97.7% per year across the filed fiscal years. Its solvency ranks better than 11% of 512 sector peers (fiscal year 2023). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 4 annual accounts.
Key figures
Equity €-3k
Net result €-188
Better than sector 11%
Active 19 yrs
Financial profile 5 of 5 axes measured · computed by Checked
Health28Profitability28Solvency37Growth34Stability100
45 / 100

Mixed profile: strong on stability, weaker on health.

All 5 axes are computed from data Checked has read.

Health 28
Profitability 28
Solvency 37
Growth 34
Stability 100
Bankruptcy probability (12 mo) Checked model v1 · free
< 0.1% Very low
0%0,5%1,5%4%10%≥25%
Lower-risk legal form −Annual accounts: weaker financial profile +Lower-failure-rate sector −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 2 signals
Established
Founded in 2007, 19 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer FY 2023 · computed
28 / 100 Weak
050100
Computed from 6 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2023. Indicative, not credit advice.
Financial overview7 NBB filings
Annual accounts filed on 12-06-2024 with the NBB · fiscal year 2023 · micro
€-10k€0€10kOperating result 2020: €15k€15kNet result 2020: €6k€6kOperating result 2021: €-3k€-3kNet result 2021: €-3k€-3kRevenue 2022: €13k€13kOperating result 2022: €-6k€-6kNet result 2022: €-6k€-6kRevenue 2023: €13k€13kOperating result 2023: €232€232Net result 2023: €-188€-1882020202120222023
RevenueOperating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
declining Equity: declining trend of ~97.7%/year over 4 fiscal years, indicative, assuming unchanged policy.
€-15k€-10k€-5k€0€5k2024: €-6k (€-6k - €-6k)2025: €-9k (€-10k - €-8k)2026: €-12k (€-13k - €-11k)2020: €6k2021: €4k2022: €-3k2023: €-3k2020202120222023202420252026
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2023 · NACE 90 · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency -44.8% 45.9%
better than 11% of 512 sector peers
Net result €-188 €7k
better than 31% of 512 sector peers
Equity €-3k €22k
better than 14% of 512 sector peers
Gross operating margin €2k €19k
better than 23% of 511 sector peers
Total assets €6k €64k
better than 7% of 512 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Revenue
€13k
+1.3% 20-23
EBITDA
€838
- 20-23
Net profit
€-188
+97.0% 20-23
Cash flow
€417
- 20-23
Total assets
€6k
-6.0% 20-23
Equity
€-3k
-7.5% 20-23
Working capital
€-3k
+12.7% 20-23
Debt
€9k
-2.2% 20-23
Show 10 other metrics
Debt ≤ 1y
€9k
-2.2% 20-23
Current ratio
0.67
+6.3% 20-23
Quick ratio
0.67
+6.3% 20-23
Solvency
-44.8%
-14.4% 20-23
Debt / equity
-3.23
+9.1% 20-23
ROE
7.0%
-97.2% 20-23
ROA
-3.1%
+96.8% 20-23
Net margin
-1.4%
+97.0% 20-23
EBITDA margin
6.4%
- 20-23
Interest coverage
1.99
- 20-23
Figures by fiscal year
Fiscal year2023
Depositmicro
Revenue€13k
EBITDA€838
Net profit€-188
Cash flow€417
Staff costs-
Income taxes-
Dividends-
Total assets€6k
Equity€-3k
Debt€9k
of which ≤ 1y€9k
of which > 1y-
Working capital€-3k
Employees (FTE)-
Ratios (computed)
2023
Current ratio0.67
Quick ratio0.67
Working capital ratio-47.9%
Solvency-44.8%
Debt / equity-3.23
Long-term debt ratio-
Interest coverage1.99
Gross margin-303.9%
Net margin-1.4%
ROA-3.1%
ROE7.0%
EBITDA margin6.4%
Days sales outstanding96d
Days payable outstanding31d
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2023
Full annual accounts (20 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet, Assets
TOTAL ASSETS 20/58€6k
Fixed assets 21/28€190
Tangible fixed assets 22/27€190
Current assets 29/58€6k
Amounts receivable within one year 40/41€3k
Cash & bank 54/58€2k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€6k
Equity 10/15€-3k
Accumulated profits (losses) 14€-3k
Amounts payable 17/49€9k
Amounts payable within one year 42/48€9k
Trade debts payable within one year 44€4k
Income statement
Turnover 70€13k
Gross operating margin 9900€2k
Operating result 9901€232
Financial income 75€0
Financial charges 65€420
Result before taxes 9903€-188
Net result for the period 9904€-188
Result to be appropriated 9905€-188
This table shows the latest fiscal year. 3 prior years, with figures and ratios, belong to a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates 1 directors
Former directors (1)
  • Istasse Jean-François
    Director (executive)
    State Gazette act 22068007 (08-06-2022)
    Former
    - → 04-04-2022
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Legal Structure
NACE primary Beoefening van uitvoerende kunsten door artistieke ensembles(90202)
Legal form Non-profit association(017)
Incorporation25-05-2007
StatusActive
Postal code4970
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
63073B2581/00D000 Wallonia 2,033 m² 1 · 156 m² 7.4 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 8 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2024
12-06-2024
NBB filing Annual accounts filed
fiscal year 2023 · micro
2023
31-08-2023
NBB filing Annual accounts filed
fiscal year 2022 · micro
2022
31-08-2022
NBB filing Annual accounts filed
fiscal year 2021 · volledig
08-06-2022
State Gazette act Director changes
2021
31-08-2021
NBB filing Annual accounts filed
fiscal year 2020 · volledig
2010
25-08-2010
NBB filing Annual accounts filed
fiscal year 2009 · volledig
2009
31-07-2009
NBB filing Annual accounts filed
fiscal year 2008 · volledig
2008
27-08-2008
NBB filing Annual accounts filed
fiscal year 2007 · volledig
Belgian State Gazette reading coverage 0 of 6 acts read

We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 1 acts
All acts · 1 updated 4 years ago
2022
08-06-2022 Mandate of Istasse Jean-François as director (executive) ended by death Director changes
  • Istasse Jean-François, Directeur
Technical details 
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  "act_meta": {
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Credit advice verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
Company registry (CBE) Crossroads Bank
Activities
Beoefening van uitvoerende kunsten door artistieke ensembles90202Productie van kunstmanifestaties en voorstellingen door artistieke ensembles92312Activiteiten van reclamebureaus73110Publiciteitsagentschappen74401
Primary activity highlighted.
Names & trade names
Legal nameFR JAZZ A VERVIERS
Registered office
Haute Levée 30
4970 Stavelot, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative