Non-profit association · founded 1999 · active for 27 yearsVerbroederingstraat 16, 9050 Gent, BelgiumKBO/BCE: BE 0466.113.308
Summary
K 104 has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals. The 2012 annual accounts show equity of €2.9m and a net result of €432,294. The computed 12-month bankruptcy probability is 0.1% (very low).
Specialised image, lighting and sound technical services
NACE 90393
Size
€3.1mtotal assets 2012
Equity
€2.9m
Surplus
€432,294
Turnover not published (abbreviated format)
Financial health
Bankruptcy probabilitywithin 12 months
0.1%
2012 figures too old to score
Structure
Accounts 4468 days overdue0 of 3 deeds read
Signalsraises riskFigures for financial year 2012 (filed 11-10-2013)Liquidity: current ratio 13.33, cash €13,428Latest accounts 68 days late; 2 of the last 3 latelowers riskLegal form: non-profit associationneutralNo filing for yearsFiled after the deadlineShow the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2012 are too old to assess current financial health.
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Financial strength, FY 2012
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Strong
Solvency100
equity 92.7% of total assets
Liquidity51
short-term debt 7.3% · cash 0.4%
Profitability73
return on assets 14.0%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
0.1%Very low
0%0.5%1.5%4%10%≥ 25%
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Sector median < 0.1% (224 companies, NACE 90, small)
Last 24 months11-2024: 0.1%highest value12-2024: 0.1%● unchanged vs 11-2024highest value01-2025: 0.1%● unchanged vs 12-2024highest value02-2025: 0.1%● unchanged vs 01-2025highest value03-2025: 0.1%● unchanged vs 02-2025highest value04-2025: 0.1%● unchanged vs 03-2025highest value05-2025: 0.1%● unchanged vs 04-2025highest value06-2025: 0.1%● unchanged vs 05-2025highest value07-2025: 0.1%● unchanged vs 06-2025highest value08-2025: 0.1%● unchanged vs 07-2025highest value09-2025: 0.1%● unchanged vs 08-2025highest value10-2025: 0.1%● unchanged vs 09-2025highest value11-2025: 0.1%● unchanged vs 10-2025highest value12-2025: 0.1%● unchanged vs 11-2025highest value01-2026: 0.1%● unchanged vs 12-2025highest value02-2026: 0.1%● unchanged vs 01-2026highest value03-2026: 0.1%● unchanged vs 02-2026highest value04-2026: 0.1%● unchanged vs 03-2026highest value05-2026: 0.1%● unchanged vs 04-2026highest value06-2026: 0.1%● unchanged vs 05-2026highest value07-2026: 0.1%● unchanged vs 06-2026highest value08-2026: 0.1%● unchanged vs 07-2026highest value09-2026: 0.1%● unchanged vs 08-2026highest value10-2026: 0.1%● unchanged vs 09-2026highest value
31-12-2013 year end31-07-2014 deadline24-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2012 was due by 31-07-2013 and was filed on 07-10-2013, 68 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.