Result
The result rose in 2025 from €29,673 to €414,035.
The result rose in 2025 from €29,673 to €414,035.
Between 2008 and 2025, 64% of the full-time equivalents disappeared.
Médiathèque Nouvelle pays its suppliers 45 days earlier than in 2024. Customers pay 75 days later.
Short-term debts fell from €980,266 to €839,848.
Board changed. Latest change 14-11-2025 · 12 in office.
Wallonia-Brussels support, mostly Subvention à l'ASBL PointCulture.
The dashed line is the sector median: < 0.1% across 9 companies (NACE 91, medium-sized).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 (all companies). It does better than 49% of them on solvency, 96% on liquidity, 87% on profitability and 42% on growth.
The bankruptcy probability was computed on 07-11-2026 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).
In July 2024, 1,887 companies had the same profile as Médiathèque Nouvelle has now. Each dot stands for 5 companies, two years later.
That fits the bankruptcy probability of Médiathèque Nouvelle itself: < 0.1% within 12 months.
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 1,887 companies, not a prediction for Médiathèque Nouvelle. 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.
Liquidity is ample, with a current ratio of 16.21 (4.77 in 2024), above the usual 1.5. Short-term debt is 6% and cash 31% of total assets. However, 66.4% of the assets are financed with debt and provisions.
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.
The company filed its last 7 accounts on average 6 days after the deadline. In the sector (NACE 91), the median for financial year 2024 was 22 days before the deadline, and 29% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| Médiathèque Nouvelle Auderghem | €14.1m | - | 33.6% | 53.6 |
| Amsab-Instituut voor Sociale Geschiedenis Ghent | €4.9m | €3.3m | 73.7% | 31.2 |
| HET PORTAAL Roeselare | €15.7m | €4.4m | 92.7% | 42.3 |
| Luisterpuntbibliotheek Schaerbeek | €2.5m | €1.8m | 90.8% | 14.9 |
| meemoo, Vlaams instituut voor het archief Ghent | €3.4m | €5.4m | 15.3% | 64.9 |
| Centre d'Animation et de Recherche en Histoire ouvrière et populaire Braine-le-Comte | €1.5m | €1.0m | 68.3% | 11.1 |
| Stichting CIVA (Centre d'Information, de documentation et d'exposition de la ville, de l'architecture, du paysage et de l'urbanisme de la Région de Ixelles | €1.9m | €3.1m | 56.3% | 42.5 |
These companies have the same main activity as Médiathèque Nouvelle: libraries, archives, museums and other cultural activities (NACE 91110). They are comparable in size and age: total assets between €1.5m and €16m, founded between 1980 and 2016.
Médiathèque Nouvelle files the abbreviated format. That format states no turnover. The gross margin rose from €9.6m in 2008 to €14.1m in 2025.
In March 2023, ten directors stepped down.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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