Skip to content

JEUGDTHEATER ONDERSTEBOVEN

Active
Non-profit associationfounded 200224 yrs activeDriegaaienstraat 117, 9100 Sint-Niklaas, BelgiumKBO/BCE: BE 0476.573.074
Summary

JEUGDTHEATER ONDERSTEBOVEN has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €142k and a net result of €-14k. Equity is shrinking by ~6.3% per year across the filed fiscal years. Its solvency ranks better than 82% of 1991 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Checked score

Score 2025
91 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability58▲+44
Solvency100=
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 8.18 against 5.01 in 2024; short-term debt: 7.4% and cash: 49% of total assets), and 17.6% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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
Sector 90
lower
← 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 24 years 0 30 y
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
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 2025
Net result per financial year
22232425
2022 to 2025 · latest year €-14k
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 29-07-2026, 2 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
2 d early
2024
69 d early
2023
27 d early
2022
104 d early
← before the deadline after the deadline →
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.
Companies Code · seven months
Position in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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

Financials · fiscal year 2025, micro schema

Equity
€142k▼ 12.7%
2024 · €163k
2022: €161k 2023: €177k 2024: €163k
2022 → 2025
Total assets
€173k▼ 17.6%
2024 · €210k
2022: €242k 2023: €238k 2024: €210k
2022 → 2025
Net result
€-14k▼ 86.6%
2024 · €-8k
2022: €22k 2023: €22k 2024: €-8k
2022 → 2025
Working capital
€92k▲ 2.6%
2024 · €90k
2022: €90k 2023: €113k 2024: €90k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line2022202320242025Trend
Equity€161k-€177k▲ 9.9%€163k▼ 8.0%€142k▼ 12.7%
Operating result€14k-€17k▲ 21.3%€-31k€-21k▲ 32.5%
Net result€22k-€22k▲ 3.7%€-8k€-14k▼ 86.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-40k€-20k€0€20kOperating result 2022: €14k€14kNet result 2022: €22k€22kOperating result 2023: €17k€17kNet result 2023: €22k€22kOperating result 2024: €-31k€-31kNet result 2024: €-8k€-8kOperating result 2025: €-21k€-21kNet result 2025: €-14k€-14k2022202320242025€-40k€-20k€0€20kOperating result 2023: €17k€17kNet result 2023: €22k€22kOperating result 2024: €-31k€-31kNet result 2024: €-8k€-7.7kOperating result 2025: €-21k€-21kNet result 2025: €-14k€-14k202320242025
The operating result stays negative: a loss of €21k in 2025 against €31k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €173k
Fixed assets €68k ▼ 30.3%
Current assets €105k ▼ 6.4%
Equity and liabilities €173k
Equity €142k ▼ 12.7%
Debt €30k ▼ 34.5%
Debt's share of the balance-sheet total falls from 22.2% to 17.6%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€10k
2024 · €-391
Cash flow
€16k
2024 · €23k
Current ratio
8.18
2024 · 5.01
Debt to equity
0.21
2024 · 0.29
ROE
-10.1%
2024 · -4.7%
ROA
-8.3%
2024 · -3.7%
Interest coverage
20.81
2024 · -1.70
Debt ≤ 1 year
€13k
2024 · €22k
Staff costs
€72k
2024 · €71k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet Code20242025
Assets
Total assets20/58€210k€173k
Fixed assets21/28€98k€68k
Tangible fixed assets22/27€97k€68k
Plant, machinery and equipment23€97k€68k
Financial fixed assets28€750€450
Current assets29/58€112k€105k
Stocks and contracts in progress3€157-
Stocks30/36€157-
Amounts receivable within one year40/41€28k€20k
Trade receivables40€7k€9k
Other amounts receivable41€22k€11k
Cash at bank and in hand54/58€81k€85k
Deferred charges and accrued income490/1€2k€318
Equity and liabilities
Total equity and liabilities10/49€210k€173k
Equity10/15€163k€142k
Contributions10/11€60k€60k=
Capital10€60k€60k=
Profit (loss) carried forward14€84k€70k
Investment grants15€19k€13k
Amounts payable17/49€47k€30k
Amounts payable within one year42/48€22k€13k
Trade debts44€18k€9k
Suppliers440/4€18k€9k
Taxes, remuneration and social security45€5k€4k
Remuneration and social security454/9€5k€4k
Accrued charges and deferred income492/3€24k€18k
Income statement Code20242025
Remuneration, social security and pensions62€71k€72k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€31k€31k
Other operating charges640/8€403€234
Non-recurring operating charges66A-€1k
Gross operating margin9900€71k€83k
Operating profit (loss)9901€-31k€-21k
Financial income75/76B€24k€7k
Recurring financial income75€6k€7k
Non-recurring financial income76B€17k-
Financial charges65/66B€231€462
Recurring financial charges65€231€462
Profit (loss) for the period before taxes9903€-8k€-14k
Profit (loss) for the period9904€-8k€-14k
Profit (loss) for the period to be appropriated9905€-8k€-14k
Appropriation of the result
Profit (loss) to be appropriated9906€84k€70k
Profit (loss) brought forward from the previous period14P€92k€84k

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
10-09
State Gazette act Resignations: Johan Uytdenhouwen, Rudy Milliau and 3 others
Reappointments: Johan Uytdenhouwen, Rudy Milliau and Taja Boudry12 facts ▸
  • General meeting, 18-03-2026
  • Director resignation, Johan Uytdenhouwen
  • Director resignation, Rudy Milliau
  • Director resignation, Rik Boudry
  • Director resignation, Taja Boudry
  • Director resignation, Stefan Van Guyse
  • Director reappointment, Johan Uytdenhouwen (director)
  • Director reappointment, Rudy Milliau (director)
  • Director reappointment, Taja Boudry (director)
  • Board composition, Johan Uytdenhouwen (director)
  • Board composition, Rudy Milliau (director)
  • Board composition, Taja Boudry (director)
29-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Weakest financial yearnet €-14k
Net result drops to €-14k, the lowest in the series.
23-05
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
04-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Highest result since 2022net €22k ▲3.7%
Operating result €17k, net result €22k, both a record.
18-04
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
under verification, no change since 2026
This board is reconstructed from a single act (26114330). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Current
Rudy Milliau
Director
Current
Taja Boudry
Director
Current
18-03-2026 Johan Uytdenhouwen: Reappointed as Director
18-03-2026 Rudy Milliau: Reappointed as Director
18-03-2026 Taja Boudry: Reappointed as Director
18-03-2026 Rik Boudry: Resigned
18-03-2026 Stefan Van Guyse: Resigned
Location & real-estate footprint
Registered office, Sint-Niklaas · 2 establishment units since 2012
establishment All 2 establishment units on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Driegaaienstraat 1179100 Sint-Niklaas
Ground area
4,654 m²
Building footprint
941 m²
Volume, LiDAR
5,028 m³
2 parcels, Flanders · tallest building 10.8 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Driegaaienstraat 117, 9100 Sint-Niklaas
Cultural education
since 20122.252.118.680
JEUGDTHEATER ONDERSTEBOVEN
Meiweg 27, 8790 WaregemArts creation and performing arts activities
since 20192.295.300.607
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46444D0153/00N002 Flanders 4,349 m² 1 · 803 m² 10.8 m · 2 fl.
34040C0241/00F005 Flanders 305 m² 1 · 138 m² 6.6 m · 1 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Connections & network

2 connected companies
Linked via shared directors
Rudy's Element
via Rudy Milliau · Non-statutory manager

Public money · subsidies and aid

Flemish government

2022 to 2025 · 6 entries · 430,066 EUR awarded · 365,777 EUR paid
Year Entries awardedpaid
2025 1 103,908 EUR103,338 EUR
2024 1 101,369 EUR91,650 EUR
2023 3 141,476 EUR95,608 EUR
2022 1 83,313 EUR75,181 EUR
Schemes
Jeugdwerk: Werkingssubsidie voor een erkende cultuureducatieve vereniging (Jeugddecreet 2012)
2 entries · 205,277 EUR · 194,988 EUR paid · Departement Cultuur, Jeugd en Media
Jeugd: Werkingssubsidie voor een erkende jeugdvereniging (Jeugddecreet 2012)
2 entries · 168,574 EUR · 168,574 EUR paid · Departement Cultuur, Jeugd en Media
Cultuur en Jeugd: Investeringssubsidie voor jeugdinfrastructuur met bovenlokaal belang (Programmadecreet 1998)
1 entry · 54,000 EUR · Departement Cultuur, Jeugd en Media
Jeugd: Tussenkomst in de energiekosten van een organisatie voor landelijk jeugdwerk die een werkingssubsidie ontvangt (Uitgavendecreet)
1 entry · 2,215 EUR · 2,215 EUR paid · Departement Cultuur, Jeugd en Media

Similar companies · same sector, comparable size

Of 2,276 companies in sector 90202 we hold annual accounts for 413. 316 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formNon-profit association
Founded07-02-2002
Fiscal year end31-12
Abbreviation NL JTO
Activities, NACEBEL 2025
90202Performing arts by artistic ensembles
90399Other support activities for arts and performing arts
85520Cultural education
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.

Contact details

2 entries
Website:www.jto.be
Enterprise
E-mail:info@jto.be
Enterprise