Financials
- Fiscal year
- 2024
- Total assets
- €1.4m
- Loss
- -€64,611
- Solvency
- -14.7%
Total assets▼ 2.1%
Net result
20182024
LA BRUGEOISE
ActiveSummary
LA BRUGEOISE has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€200,498) and a net result of -€64,611. Equity is shrinking by ~60.7% per year across the filed fiscal years. Its solvency ranks better than 14% of 2468 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.5% (low).
Overview
Activity
Arts creation and performing arts activities
NACE 90312Organisation of conventions and trade shows NACE 82300NACE 90042
1 site
Size
€1.4mtotal assets 2024
- Staff
- 1 FTE
- Equity
- -€200,498
- Loss
- -€64,611
Turnover not published (abridged schema)
Structure
- Largest shareholder
- CASA DUE · 50%
Accounts 63 d overdue0 of 4 deeds read
Why 53Capped at 59: negative equity- Liquidity: current ratio 0.25, cash €14,502, halved- Figures for FY 2024 (filed 30-09-2025)- 1 financial year not filed after the legal deadline; latest accounts 61 days late; 3 of the last 3 late+ Size: total assets €1.4mShow the evidence
Checked score
Score 2024
53
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 18% of its sector peers (NACE 90, micro)
Performance against the sector, not lower risk
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2023
Weak
Solvency
10-5
equity -14.7% of total assets
Liquidity
41-4
short-term debt 26.9% · cash 1.1%
Profitability
15+7
return on assets -4.7%
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 13 months
10-2025: 0.7%
11-2025: 0.7%▼ -0.4% vs 10-2025
12-2025: 0.7%● 0.0% vs 11-2025
01-2026: 0.7%▼ -0.6% vs 12-2025lowest value
02-2026: 0.7%▲ +1.5% vs 01-2026
03-2026: 0.7%▼ -0.1% vs 02-2026
04-2026: 0.7%▼ -0.6% vs 03-2026
05-2026: 0.7%▲ +6.3% vs 04-2026
06-2026: 0.7%▼ -0.1% vs 05-2026
07-2026: 0.8%▲ +7.3% vs 06-2026
08-2026: 1.1%▲ +43.8% vs 07-2026
09-2026: 1.3%▲ +16.1% vs 08-2026
10-2026: 1.5%▲ +14.5% vs 09-2026highest value
- Size: total assets €1.4m lowers the probability for this profile
- Liquidity: current ratio 0.25, cash €14,502, halved raises the probability
- Figures for FY 2024 (filed 30-09-2025) raises the probability
- 1 financial year not filed after the legal deadline; latest accounts 61 days late; 3 of the last 3 late raises the probability
No credit on open account
Liquidity short (current ratio 0.25 against 0.28 in 2023; short-term debt: 26.9% and cash: 1.1% of total assets), and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 90, micro). Better than this share of them on solvency 14%, liquidity 25%, profitability 21%, growth against the median 13%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€200,498
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
68 d late
2022
60 d late
2021
46 d late
2020
31 d late
2019
62 d late
← 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 55 days after 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 (1)
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
- Weakest financial yearnet -€116,125
Key points
- Risk: Negative equityfiscal year 2024: debts exceed assets -€200,498 View
- Risk: 7 loss-making years in a rowloss fiscal year 2024 -€64,611 View
- Caution: Among the weakest 5% on net resultsector median €6,366 · 2,470 companies -€64,611 View
- Caution: Accounts not fileddeadline was 31-07-2026 63 d late View
- Caution: Equity fell in 2024from -€135,888 to -€200,498 ▼ 47.5% View
- Flemish supportawarded 2023 - 2024 €74,042 View
By topic
Board & ownership
- Largest shareholder
- CASA DUE · 50%
Timeline
- Events
- 11
- Since
- 2016
- 30-09-2025Annual accounts filed
- 07-10-2024Annual accounts filed
- 31-12-2023Weakest financial year
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Arts creation and performing arts activitiesNACE 90312
- Founded
- 15-01-2010
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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