Equity
€851,246 from €1.8m in 2014
Equity fell by 52% in 11 years.
KAJEN
Lifetime
19 annual accounts with figures on one time axis, 25 filings since 2001Gross marginpeak €1.0m (2016)
€803,754▲ 116%
Resultlowest -€387,684 (2022)
€656,340▲ 261%
Equitypeak €1.8m (2014)
€851,246▲ 13.8%
Debts
€936,737▲ 11.9%
Staffpeak 0.8 FTE (2011)
0 FTE
Board1 name since 2000
1 directorDAMEN Karen Franciska Maria-Louisa
Documentsfilings and deeds
23-02-2026158 days before the deadline
2025abbreviated format
Gross margin from €371,486 to €803,754Result from €182,021 to €656,340Dividend €553,150Equity from €748,056 to €851,246Cash from €59,067 to €650,803
Key points
from the 2025 annual accountsChecked score
97
Excellent
Financially stronger than 73% of micro companies in creative and performing arts (NACE 90)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 3,430 companies (NACE 90, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.9%
01-2025: 0.9%● unchanged vs 12-2024
02-2025: 0.9%● unchanged vs 01-2025
03-2025: 0.9%● unchanged vs 02-2025
04-2025: 0.9%● unchanged vs 03-2025
05-2025: 0.9%● unchanged vs 04-2025
06-2025: 0.9%● unchanged vs 05-2025
07-2025: 1.0%▲ +0.1 percentage points vs 06-2025highest value
08-2025: < 0.1%▼ -1.0 percentage point vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
lowers risk
Liquidity: current ratio 3.43, cash €650,803
Size: total assets €1.8m
Sector: Arts creation and performing arts activities (NACE 90)
Equity €851,246 (47.6% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 90, micro). It does better than 50% of them on solvency, 86% on liquidity, 91% on profitability and 64% on growth.
The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 20,136 companies had the same profile as KAJEN has now. Each dot stands for 51 companies, two years later.
95.0%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
That fits the bankruptcy probability of KAJEN itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 20,136 companies, not a prediction for KAJEN. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €80,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.43 (3.51 in 2024), above the usual 1.5. Short-term debt is 11.4% and cash 36.4% of total assets. However, 52.4% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
6 signals, none raises the risk
Six signals.
lowers riskneutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €851,246
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 23-02-2026, 158 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
158 days early
2024
15 days early
2023
187 days early
2022
30 days late
2021
149 days late
2020
1 day late
2019
18 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 28 days before the deadline. In the sector (NACE 90), the median for financial year 2024 was 4 days before the deadline, and 38% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 6 May (3 of the last 4 accounts filed within 100 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0472253903
New establishment in Kontich
Biesaard 4
Change of role: DAMEN Karen Franciska Maria-Louisa, from manager and director to director
Director discharge: DAMEN Karen Franciska Maria-Louisa (manager) · General meeting of 07-06-2022 · Gazette deed
First establishment
Bouwenstraat 39B, Lint
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| KAJEN Lint | €1.8m | €0.8m | 47.6% | 0 |
| CLIMB X Kortenberg | €2.6m | €0.5m | 48.0% | 1 |
| Plankenkoorts Hove | €6.1m | €0.6m | 90.4% | 0 |
| PERSUA Putte | €2.2m | €1.5m | 86.0% | - |
| HEIN DE WAELE Meise | €0.8m | €0.5m | 59.5% | 0.3 |
| DELVOYE ART Ghent | €3.0m | €0.2m | 32.0% | 1 |
| DIRK BROSSE Destelbergen | €2.4m | €0.5m | 87.0% | - |
These companies have the same main activity as KAJEN: performing arts by independent artists (NACE 90201). They are comparable in size and age: total assets between €760,000 and €6.1m, founded between 1997 and 2011.
Official details
Source: KBO- Status
- Active since 30-06-2000Normal situation
- Activity
- Performing arts by independent artistsNACE 90201and 2 others
- Joint committee
- 304Performing arts · annual accounts 30-06-2021
- Establishment units
- 2.123.305.2542547 Lint, since 27-02-2003
- 2.355.612.0392550 Kontich, since 12-02-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 20-01-2025
Annual accounts 2025
- Turnover
- ≈ €1.1mestimated
- Total assets
- €1.8m▲ 12.8%
- Filing
- Filed on 23-02-2026, 158 days before the end of the filing period
Insights on KAJEN
KAJEN files the abbreviated format. That format states no turnover. The gross margin rose from €365,177 in 2007 to €803,754 in 2025.
The balance sheet grew most from 2011 to 2013 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about KAJEN
- What is the company number of KAJEN?
- The company number of KAJEN is 0472.253.903. The VAT number is the same number with BE in front: BE 0472.253.903.
- Where is KAJEN based?
- The registered office is at Bouwenstraat 39, 2547 Lint.Company details
- What does KAJEN do?
- According to the KBO register, the main activity is performing arts by independent artists (NACE 90201).
- What is the legal form of KAJEN?
- KAJEN is a private limited company (BV).
- When was KAJEN founded?
- KAJEN was founded on 30-06-2000.
- Is KAJEN still active?
- Yes, KAJEN is an active enterprise in the KBO register.
- How many employees does KAJEN have?
- KAJEN had an average of 0.3 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
- Which joint committee does KAJEN fall under?
- In its 30-06-2021 annual accounts, KAJEN states joint committee 304 (Performing arts).
- What is the turnover of KAJEN?
- The turnover in financial year 2025 is ≈ €1.1m. This figure is estimated from the gross margin of €803,754 and 31 comparable companies (NACE 90). It probably lies between €860,000 and €2.1m.
- Is KAJEN profitable?
- In financial year 2025, KAJEN made a profit of €656,340.
- Where can I find the annual accounts of KAJEN?
- KAJEN filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of KAJEN due?
- KAJEN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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