K-Events
ActiveSummary
The annual accounts of K-Events for fiscal year 2025 show a net loss of 99% of total assets and of 53% of the equity at the start of that year. The 2025 annual accounts show equity of €7,801 and a net result of -€8,726. Equity is shrinking by ~4.9% per year across the filed fiscal years. Its solvency ranks better than 88% of 2029 sector peers (fiscal year 2025). The company has been active since 2017 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▼-7
Solvency100=
Growth72▼-13
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.
Liquidity ample (current ratio 13.79 against 52.96 in 2024; short-term debt: 5.6% and cash: 63.4% of total assets), and 11.4% of the assets are financed with debt.
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Signals
Five 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 2025Solvency, return and age of the figures
Solvency
88.6%
Return on assets
-99.1%
Age of the figures
9 mo
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 -€8,726
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 19-02-2026, 162 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
162 d early
2024
157 d early
2023
163 d early
2022
88 d early
2021
118 d early
2020
151 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 140 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 24 February (4 of the last 5 filed years within 39 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
€55,277▼ 21.0%
2024 · €69,938
EBIT margin
-15.5%▼ 12.8pp
2024 · -2.7%
Net result
-€8,726▼ 335%
2024 · -€2,005
Working capital
€6,350▼ 58.1%
2024 · €15,147
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€73,065€79,033▲ 8.2%€69,938▼ 11.5%€55,277▼ 21.0%
Operating result-€2,261▲ 76.1%€6,981€653▼ 90.7%-€1,870-€8,574▼ 358%
Net result-€2,409within the sector's middle half▲ 75.0%€6,806within the sector's middle half€516within the sector's middle half▼ 92.4%-€2,005within the sector's middle half-€8,726below the sector's middle half▼ 335%
EBIT margin9.6%0.8%▼ 8.7pp-2.7%▼ 3.5pp-15.5%▼ 12.8pp
Equity€11,211within the sector's middle half▼ 17.7%€18,016within the sector's middle half▲ 60.7%€18,532within the sector's middle half▲ 2.9%€16,527within the sector's middle half▼ 10.8%€7,801below the sector's middle half▼ 52.8%
Total assets€12,475below the sector's middle half▼ 8.4%€20,429below the sector's middle half▲ 63.8%€18,532below the sector's middle half▼ 9.3%€17,144below the sector's middle half▼ 7.5%€8,805below the sector's middle half▼ 48.6%
Debt€1,264€2,413▲ 90.8%€617€1,004▲ 62.6%
Working capital€10,075within the sector's middle half€17,449within the sector's middle half▲ 73.2%€15,147within the sector's middle half€6,350within the sector's middle half▼ 58.1%
Solvency89.9%above the sector's middle half▼ 10.1pp88.2%above the sector's middle half▼ 1.7pp100.0%above the sector's middle half▲ 11.8pp96.4%above the sector's middle half▼ 3.6pp88.6%above the sector's middle half▼ 7.8pp
Current ratio8.97above the sector's middle half8.23above the sector's middle half▼ 0.7452.96above the sector's middle half13.79above the sector's middle half▼ 39.18
Return on assets (ROA)-19.3%below the sector's middle half▲ 51.5pp33.3%above the sector's middle half▲ 52.6pp2.8%within the sector's middle half▼ 30.5pp-11.7%below the sector's middle half▼ 14.5pp-99.1%below the sector's middle half▼ 87.4pp
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 €8,574 in 2025 against €1,870 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €8,805
Fixed assets
€1,959 ▲ 14.8%
Current assets
€6,847 ▼ 55.7%
Equity and liabilities €8,805
Equity
€7,801 ▼ 52.8%
Debt
€1,004 ▲ 62.6%
Debt's share of the balance-sheet total rises from 3.6% to 11.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€7,800▼
2024 · -€1,301
Cash flow
-€7,951▼
2024 · -€1,437
Debt to equity
0.13▲
2024 · 0.04
ROE
-111.8%▼
2024 · -12.1%
Interest coverage
-51.42▼
2024 · -9.62
Debt ≤ 1 year
€497▲
2024 · €291
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 | - | €73,065 | €79,033 | €69,938 | €55,277 | ▼ 21.0% |
| Goods, raw materials, services and sundry goods60/61 | - | €63,016 | €74,484 | €65,084 | €58,403 | ▼ 10.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €568 | €568 | €1,136 | €569 | €774 | ▲ 36.1% |
| Other operating charges640/8 | - | €2,500 | €2,760 | €6,155 | €4,675 | ▼ 24.1% |
| Gross operating margin9900 | -€1,694 | €10,049 | €4,549 | €4,854 | -€3,125 | ▼ 164% |
| Operating profit (loss)9901 | -€2,261 | €6,981 | €653 | -€1,870 | -€8,574 | ▼ 358% |
| Financial income75/76B | - | - | €0 | - | €0 | - |
| Recurring financial income75 | - | - | €0 | - | €0 | - |
| Financial charges65/66B | - | €175 | €137 | €135 | €152 | ▲ 12.2% |
| Recurring financial charges65 | €148 | €175 | €137 | €135 | €152 | ▲ 12.2% |
| Profit (loss) for the period before taxes9903 | -€2,409 | €6,806 | €516 | -€2,005 | -€8,726 | ▼ 335% |
| Profit (loss) for the period9904 | -€2,409 | €6,806 | €516 | -€2,005 | -€8,726 | ▼ 335% |
| Profit (loss) for the period to be appropriated9905 | -€2,409 | €6,806 | €516 | -€2,005 | -€8,726 | ▼ 335% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €12,475 | €20,429 | €18,532 | €17,144 | €8,805 | ▼ 48.6% |
| Fixed assets21/28 | €1,135 | €568 | €2,275 | €1,706 | €1,959 | ▲ 14.8% |
| Tangible fixed assets22/27 | €1,135 | €568 | €2,275 | €1,706 | €1,959 | ▲ 14.8% |
| Plant, machinery and equipment23 | - | €568 | €2,275 | €1,706 | €1,959 | ▲ 14.8% |
| Current assets29/58 | €11,340 | €19,862 | €16,257 | €15,438 | €6,847 | ▼ 55.7% |
| Amounts receivable within one year40/41 | - | €2,515 | €108 | €324 | €537 | ▲ 65.5% |
| Trade receivables40 | - | - | - | €324 | €537 | ▲ 65.5% |
| Other amounts receivable41 | - | €2,515 | €108 | - | - | - |
| Cash at bank and in hand54/58 | €10,613 | €17,347 | €15,422 | €14,387 | €5,583 | ▼ 61.2% |
| Deferred charges and accrued income490/1 | - | - | €727 | €727 | €727 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €12,475 | €20,429 | €18,532 | €17,144 | €8,805 | ▼ 48.6% |
| Equity10/15 | €11,211 | €18,016 | €18,532 | €16,527 | €7,801 | ▼ 52.8% |
| Profit (loss) carried forward14 | €11,211 | €18,016 | €18,532 | €16,527 | €7,801 | ▼ 52.8% |
| Amounts payable17/49 | €1,264 | €2,413 | - | €617 | €1,004 | ▲ 62.6% |
| Amounts payable within one year42/48 | €1,264 | €2,413 | - | €291 | €497 | ▲ 70.4% |
| Trade debts44 | - | €150 | - | €240 | €5 | ▼ 97.9% |
| Suppliers440/4 | - | €150 | - | €240 | €5 | ▼ 97.9% |
| Taxes, remuneration and social security45 | - | - | - | €51 | €492 | ▲ 855% |
| Taxes450/3 | - | - | - | €51 | €492 | ▲ 855% |
| Accrued charges and deferred income492/3 | - | - | - | €326 | €508 | ▲ 55.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,409 | €6,806 | €516 | -€2,005 | -€8,726 | ▼ 335% |
| + Depreciation and write-downs630 | €568 | €568 | €1,136 | €569 | €774 | ▲ 36.1% |
| Operating cash flow (approximation) | -€1,841 | €7,374 | €1,652 | -€1,437 | -€7,951 | ▼ 454% |
| Investment in fixed assets (approximation) | - | €0 | -€2,844 | €0 | -€1,027 | - |
| Change in cash | - | €6,734 | -€1,925 | -€1,035 | -€8,804 | ▼ 750% |
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
19-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
24-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
19-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
04-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €6,806
Net result €6,806 after 2 loss-making years.
04-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
02-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
8 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, Hasselt
Ground area
180 m²
Building footprint
179 m²
Volume, LiDAR
862 m³
Parcel 71322A0154/00K007, Flanders · tallest building 9.8 m, ±1 floor. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71322A0154/00K007 | Flanders | 180 m² | 1 · 179 m² | 9.8 m · 1 fl. |
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.
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Of 1,258 companies in sector 90399 we hold annual accounts for 200. 93 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
Founded30-01-2017
Fiscal year end31-12
Activities, NACEBEL 2025
90399Other support activities for arts and performing arts
E-invoicing
Reachable via Peppol
Peppol ID
0208:0670546152
Also
9925:BE0670546152
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.