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laGeste

Active
Non-profit associationfounded 1986active for 40 yearsBijlokekaai 1, 9000 Gent, BelgiumKBO/BCE: BE 0432.292.772
Summary

laGeste has been active since 1986 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €365,103 and a net result of €5,791. Equity has been growing by about 22% per year since 2018. Its solvency ranks better than 43% 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 03-06-1986 Normal situation
Activity
Performing arts by independent artists NACE 90201and 2 others
Establishment units
2.154.828.670 9000 Gent, since 03-07-2006
2.275.551.506 9000 Gent, since 11-05-2018
Financial year end
31 December
Peppol
Reachable since 20-11-2020

Board and ownership

Financial position

94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€942,250
▲ 0.6%
Turnover
≈ €1.3m
estimated
Surplus
€5,791
▲ 144%
Equity
€365,103
▲ 46.0%
Total assets
€898,054
▲ 45.2%
Employees on 31-12-2025
7
▼ 22.2%
  • 2025 accounts filed 47 days after the deadline
Score breakdownraises riskLast filed accounts filed 47 days late; 1 of the last 3 accounts latelowers riskLegal form: non-profit associationLiquidity: current ratio 2.30, cash €150,480Founded in 1986Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 52% of micro companies in creative and performing arts (NACE 90)
Financial strength · tick: 2024
Average
Solvency 66+1
equity 40.7% of total assets
Liquidity 58+8
short-term debt 30.6% · cash 16.8%
Profitability 49+16
return on assets 0.6%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (3,429 companies, NACE 90, micro)
Last 24 months 12-2024: < 0.1%lowest value 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025lowest value 03-2025: < 0.1%● unchanged vs 02-2025lowest value 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged 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%● 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 08-2026highest value 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.3 (1.77 in 2024), above the usual 1.5. Short-term debt is 30.6% and cash 16.8% of total assets. However, 59.3% of the assets are financed with debt and provisions.
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 45% of them on solvency, 48% on liquidity, 32% on profitability and 83% on growth.

The bankruptcy probability was computed on 02-11-2026 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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Legal form: non-profit association
KBO
lowers risk · Liquidity: current ratio 2.30, cash €150,480
NBB · annual accounts
lowers risk · Founded in 1986
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Last filed accounts filed 47 days late; 1 of the last 3 accounts late
NBB · filings
neutral · A punctual record breaks
This company filed 6 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-09-2026, 47 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
47 days late
2024
58 days early
2023
34 days early
2022
6 days early
2021
122 days early
2020
113 days early
2019
119 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 58 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 28 June (4 of the last 5 accounts filed within 80 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Equity rose in 2025from €250,055 to €365,103 ▲ 46.0% View
  • Flemish supportawarded from 2022 to 2025 €3.8m View

Recent changes

  1. · Gazette deed Resignation: Nicole Petit (day-to-day manager)Appointments: Philip Marquebreuck (director) and Kasper Claeys (day-to-day manager)
  2. · Gazette deed Resignations: Stefanie Van Biesen (director) and Bruno Lietaert (director)Appointments: Paul Kerstens, Marian Decroos and Pzazz bv · Permanent representative: llse Jansoone
  3. · Gazette deed Resignations: Patrick Allegaert, Lies Vanborm and 3 othersAppointments: Chris De Meerleer, Bruno Lietaert and Stefanie Van Biesen
All 20 events

Comparable companies

These companies have the same main activity as laGeste: performing arts by independent artists (NACE 90201). They are comparable in size and age: total assets between €430,000 and €957,000, founded between 1974 and 2002.

CompanyTotal assetsGross margin
laGeste Gent€0.9m€0.9m
LOD Gent€0.8m€1.1m
ELMARO Stabroek€0.7m€0.5m
THEATRE DE LA GUIMBARDE Charleroi€0.5m€0.6m
DIJK 69 Nieuwpoort€0.7m€0.8m
Monty Antwerpen€0.4m€0.7m
MONTAGE ET MAINTENANCE INDUSTRIELS Grâce-Hollogne€1.0m€0.9m
Full comparison

Key facts about laGeste

What is the company number of laGeste?
The company number of laGeste is 0432.292.772. The VAT number is the same number with BE in front: BE 0432.292.772.
Where is laGeste based?
The registered office is at Bijlokekaai 1, 9000 Gent.Company details
What does laGeste do?
According to the KBO register, the main activity is performing arts by independent artists (NACE 90201).
What is the legal form of laGeste?
The legal form of laGeste is Non-profit association (VZW).
When was laGeste founded?
laGeste was founded on 03-06-1986.
Is laGeste still active?
Yes, laGeste is an active enterprise in the KBO register.
How many employees does laGeste have?
laGeste had an average of 7.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of laGeste?
The turnover in financial year 2025 is ≈ €1.3m. This figure is estimated from the gross margin of €942,250 and 31 comparable companies (NACE 90). It probably lies between €1.0m and €2.4m. In financial year 2022 turnover was €677,676.
Is laGeste profitable?
In financial year 2025, laGeste made a profit of €5,791.
Where can I find the annual accounts of laGeste?
laGeste filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of laGeste due?
laGeste must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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