Turnover
≈ €160,000 estimated
The micro format states no turnover.
KIX
Lifetime
19 annual accounts with figures on one time axispeak €278,810 (2019)
€54,575▼ 23.4%
lowest -€33,727 (2013)
€40,099▲ €46,017
peak €609,454 (2023)
€524,134▲ 8.3%
€865,360▲ 144%
peak 0.3 FTE (2010)
-not published
Board1 name since 2021
1 directorHELEU Davy Marie-Antoinette Luc
Documentsfilings and deeds
21-04-20269 days before the deadline
2025micro format
Gross margin from €71,214 to €54,575Back to profit: €40,099Debts from €354,733 to €865,360Investments €753,000Cash from €46,333 to €19,217
Key points
from the 2025 annual accountsDebts
€865,360 ▲ 144%
Debts rose by €510,627 in 2025.
Investments
€753,000 9.8 × depreciation
Green is investment, beige is depreciation.
Liquidity
3.86 was 6.29 in 2024
Short-term debts rose from €82,994 to €102,773.
Filings
19 annual accounts since 2007
The 2016 accounts came 3 days late. The other nine of the last ten were filed on time.
Position in the sector
€524,134
More equity than 95% of companies in creative and performing arts. Sector median €42,071 · 2,488 companies.
Checked score
93
Excellent
Financially stronger than 41% 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 3,433 companies (NACE 90, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%lowest value
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: 0.1%▲ +0.1 percentage points vs 03-2025
05-2025: < 0.1%▼ -0.1 percentage points vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged 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%▲ +0.1 percentage points vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026highest value
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 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Liquidity: current ratio 3.86, cash €19,217, halved
lowers risk
Size: total assets €1.4m
Figures for financial year 2025 (filed on 21-04-2026)
Founded in 2006
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 42% of them on solvency, 41% on liquidity, 24% on profitability and 58% on growth.
The bankruptcy probability was computed on 09-11-2026 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 30-09-2025.
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, 14,766 companies had the same profile as KIX has now. Each dot stands for 37 companies, two years later.
96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of KIX itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 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 14,766 companies, not a prediction for KIX. 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 €45,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.86 (6.29 in 2024), above the usual 1.5. Short-term debt is 7.3% and cash 1.4% of total assets. However, 62.8% 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
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 21-04-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 days early
2024
on the day
2023
1 day early
2022
2 days early
2021
1 day early
2020
1 day early
2019
1 day 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 2 days before the deadline. In the sector (NACE 90), the median for financial year 2024 was 3 days before the deadline, and 38% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 29 April (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end09-11-2026 today30-04-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0883633277
Appointment: HELEU Davy Marie-Antoinette Luc (statutory director)
Legal-form conversion: to private limited company (pre-2019) · General meeting of 26-01-2023 · Gazette deed
First establishment
Leernsesteenweg 48, Deinze
Incorporation
published on 28-09-2006 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| KIX Deinze | €1.4m | €54,575 | 37.2% | - |
| LA BRUGEOISE Ichtegem | €1.3m | €79,349 | -21.0% | - |
| De Kazematten Ghent | €1.9m | €158,478 | 80.0% | 0 |
| Autonoom Gemeentebedrijf Zandhoven Zandhoven | €1.1m | €141,268 | - | 0 |
| Autonoom gemeentebedrijf Ternat Ternat | €0.8m | €124,394 | - | - |
| DE EXPEDITIE Ghent | €1.1m | €231,679 | 88.6% | - |
| ARTIMINO Meise | €0.6m | €69,717 | 93.3% | - |
These companies have the same main activity as KIX: arts creation and performing arts activities (NACE 90312). They are comparable in size and age: total assets between €636,000 and €1.9m, founded between 1996 and 2011.
Official details
Source: KBO- Status
- Active since 07-09-2006Normal situation
- Activity
- Arts creation and performing arts activitiesNACE 90312and 2 others
- Establishment unit
- 2.157.227.7389800 Deinze, since 28-09-2006
- Financial year end
- 30 September
- Peppol
- Reachable since 21-10-2026
Annual accounts to 30-09-2025
- €1.4m▲ 64.1%
- Filing
- Filed on 21-04-2026, 9 days before the end of the filing period
Insights on KIX
KIX files the micro format. That format states no turnover. The gross margin fell from €56,822 in 2007 to €54,575 in 2025.
The balance sheet grew most from 2013 to 2015 through fixed assets, financed with long-term debt.
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 KIX
- What is the company number of KIX?
- The company number of KIX is 0883.633.277. The VAT number is the same number with BE in front: BE 0883.633.277.
- Where is KIX based?
- The registered office is at Leernsesteenweg 48, 9800 Deinze.Company details
- What does KIX do?
- According to the KBO register, the main activity is arts creation and performing arts activities (NACE 90312).
- What is the legal form of KIX?
- KIX is a private limited company (BV).
- When was KIX founded?
- KIX was founded on 07-09-2006.
- Is KIX still active?
- Yes, KIX is an active enterprise in the KBO register.
- What is the turnover of KIX?
- The turnover in financial year 2025 is ≈ €160,000. This figure is estimated from the gross margin of €54,575 and 2,666 comparable companies of the same size. It probably lies between €110,000 and €280,000. It is a rough estimate.Financials
- Is KIX profitable?
- In financial year 2025, KIX made a profit of €40,099.
- Where can I find the annual accounts of KIX?
- KIX filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of KIX due?
- KIX must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
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