KUNSTENFESTIVALDESARTS
ActiveSummary
KUNSTENFESTIVALDESARTS has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €354,283 and a net result of €68,615. Equity has been growing by about 19% per year since 2018. Its solvency ranks better than 75% of 298 sector peers (NACE 90, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 27-12-1991 Normal situation
- Registered office
- 11 active companies are registered at this address 1 started in the 12 months before. Source: KBO register, as of 1 November 2026.
- Activity
- Promotion and organisation of arts and performing arts events NACE 90391and 1 other
- Establishment unit
- 2.156.452.233 1000 Brussel, since 05-10-2006
- Financial year end
- 31 December
- Peppol
- Reachable since 28-03-2025
Board and ownership
- Miletic HanaDirector · since 23-03-2020
- Collier RuthDirector · since 15-12-2020
- Anne PètreDirector
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €1.3m
- ▲ 4.2%
- Turnover
- ≈ €2.2m
- estimated
- Surplus
- €68,615
- Equity
- €354,283
- ▲ 24.0%
- Total assets
- €521,713
- ▼ 5.9%
- Staff
- 17.2 FTE
- ▲ 0.6%
- 2025 accounts filed 28 days after the deadline
Score breakdownlowers riskLegal form: non-profit associationLiquidity: current ratio 3.22, cash €203,977Equity €354,283 (67.9% of total assets)Founded in 1991Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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, small). It does better than 80% of them on solvency, 77% on liquidity, 84% on profitability and 76% on growth.
The bankruptcy probability was computed on 01-11-2026 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.
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).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 1 day after 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)
Key points
- Positive: Back in profit in 2025after a loss of €75,859 in 2024 €68,615 View
- Positive: 8th fastest staff growth in the Brussels-Capital Region, Creative and performing arts…in the Checked rankings No. 8 View
- Directors leftlatest change 18-09-2026 · 12 in office 3 left View
- Flemish supportawarded from 2022 to 2025 €4.8m View
Recent changes
- · Gazette deed Resignations: Kristiaan Borret, Bart Eeckhout and Natacha Dewitte
- · Gazette deed Resignations: Kristiaan Borret, Bart Eeckhout and Natacha Dewitte
- · Gazette deed Amendment of the articles · Resignations & appointments
Comparable companies
These companies have the same main activity as KUNSTENFESTIVALDESARTS: promotion and organisation of arts and performing arts events (NACE 90391). They are comparable in size and age: total assets between €427,000 and €1.2m, founded between 1979 and 2001.
| Company | Total assets | Gross margin |
|---|---|---|
| KUNSTENFESTIVALDESARTS Brussel | €0.5m | €1.3m |
| De Centrale Gent | €0.8m | €1.3m |
| ZOMER VAN ANTWERPEN VZW Antwerpen | €0.4m | €1.1m |
| MUZIEKPUBLIQUE Elsene | €0.5m | €0.6m |
| ARTEPUB-ACKA Brussel | €1.2m | €0.8m |
| RECYCLART Sint-Jans-Molenbeek | €0.9m | €1.8m |
| Internationaal Filmfestival van VLaanderen - Festival international du Film de Flandre - Flanders International Film Festival Gent | €1.0m | €1.2m |
Key facts about KUNSTENFESTIVALDESARTS
- What is the company number of KUNSTENFESTIVALDESARTS?
- The company number of KUNSTENFESTIVALDESARTS is 0446.277.303. The VAT number is the same number with BE in front: BE 0446.277.303.
- Where is KUNSTENFESTIVALDESARTS based?
- The registered office is at Handelskaai 18, 1000 Brussel.Company details
- What does KUNSTENFESTIVALDESARTS do?
- According to the KBO register, the main activity is promotion and organisation of arts and performing arts events (NACE 90391).
- What is the legal form of KUNSTENFESTIVALDESARTS?
- The legal form of KUNSTENFESTIVALDESARTS is Non-profit association (VZW).
- When was KUNSTENFESTIVALDESARTS founded?
- KUNSTENFESTIVALDESARTS was founded on 27-12-1991.
- Is KUNSTENFESTIVALDESARTS still active?
- Yes, KUNSTENFESTIVALDESARTS is an active enterprise in the KBO register.
- How many employees does KUNSTENFESTIVALDESARTS have?
- KUNSTENFESTIVALDESARTS had an average of 17.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of KUNSTENFESTIVALDESARTS?
- The turnover in financial year 2025 is ≈ €2.2m. This figure is estimated from the gross margin of €1.3m and 1,586 comparable companies of the same size. It probably lies between €1.5m and €3.6m. It is a rough estimate.
- Is KUNSTENFESTIVALDESARTS profitable?
- In financial year 2025, KUNSTENFESTIVALDESARTS made a profit of €68,615.
- Where can I find the annual accounts of KUNSTENFESTIVALDESARTS?
- KUNSTENFESTIVALDESARTS filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of KUNSTENFESTIVALDESARTS due?
- KUNSTENFESTIVALDESARTS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
See how customers, suppliers and banks see your own company and what to improve first.