Financials
- Fiscal year
- 2025
- Total assets
- €2.8m
- Profit
- €194,055
- Solvency
- 65.9%
Turnover▲ 53.9%
Net result
20182021
MERVEILLE
ActiveSummary
MERVEILLE has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.9m and a net result of €194,055. Equity is growing by ~3.6% per year across the filed fiscal years. Its solvency ranks better than 72% of 257 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
What they do
Promotion and organisation of arts and performing arts events
NACE 90391Media representation NACE 73120NACE 74402
#2 employer in Hainaut, Creative and performing arts sector1 site
How big
€2.8mtotal assets 2025
- Staff
- 52.7 FTE
- Equity
- €1.9m
- Profit
- €194,055
Who decides
- Largest shareholder
- MERVEILLE PLUS INTERIM · 49.92%
Accounts filed 18 d late0 of 7 deeds read
Why 96+ Liquidity: current ratio 2.88, cash €528,771+ Founded in 1992+ Equity €1.9m (65.9% of total assets)+ Profit of €194,055 (FY 2025)Show the evidence
Checked score
Score 2025
96
/ 100
Excellent
Probability in this band: under 0.55%
Better than 67% of its sector peers (NACE 90)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency
91+6
equity 65.9% of total assets
Liquidity
60+8
short-term debt 30.6% · cash 18.6%
Profitability
77=
return on assets 6.8%
Bankruptcy probability, 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).
- Liquidity: current ratio 2.88, cash €528,771 lowers the probability
- Founded in 1992 lowers the probability for this profile
- Equity €1.9m (65.9% of total assets) lowers the probability
- Profit of €194,055 (FY 2025) lowers the probability
Credit up to €170,000 at 30 days acceptable
Liquidity ample (current ratio 2.88 against 2.25 in 2024; short-term debt: 30.6% and cash: 18.6% of total assets), and 34.1% of the assets are financed with debt.
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). Better than this share of them on solvency 73%, liquidity 68%, profitability 63%, growth against the median 67%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610020317, 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.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 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
18 d late
2024
25 d late
2023
26 d late
2022
76 d early
2021
59 d early
2020
46 d early
2019
46 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 23 days before 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 (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 18 August (4 of the last 5 filed years within 77 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · full…
- Annual accounts filedfiscal year 2024 · full…
- Annual accounts filedfiscal year 2023 · full…
Key points
By topic
Board & ownership
- Largest shareholder
- MERVEILLE PLUS INTERIM · 49.92%
Timeline
- Events
- 13
- Since
- 2017
- Next accounts
- by 31-07-2027
- 18-08-2026Annual accounts filed
- 25-08-2025Annual accounts filed
- 26-08-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Promotion and organisation of arts and performing arts…NACE 90391
- Founded
- 06-05-1992
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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