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Momes Circus

Active
Non-profit associationfounded 199036 yrs activeAvenue Leray(TOU) 33, 7500 Tournai, BelgiumKBO/BCE: BE 0443.006.324
Summary

Momes Circus has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €72,133 and a net result of -€13,082. Equity is growing by ~2.9% per year across the filed fiscal years. Its solvency ranks better than 86% of 471 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is < 0.1% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability0▼-86
Solvency100=
Growth63=
Track record100
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity ample (current ratio 21.16 against 27.87 in 2023; short-term debt: 4.6% and cash: 69.4% of total assets), and 4.6% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 94
Relative position
BE, all sectors
reference
Activities of membership organisations (NACE 94)
about 92% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 36 years 0 40 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
95.4%
Return on assets
-17.3%
Age of the figures
21 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-06-2025, 37 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
not confirmed
2024
37 d early
2023
34 d early
2022
129 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 67 days before the deadline; the sector median for financial year 2024 is 29 days before the deadline, and 25% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 17 May 1990, Momes Circus was incorporated.1 Total assets went from EUR 72,791 in 2022 to EUR 75,593 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022 and 2024

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Financials · fiscal year 2024, micro schema

Turnover
€76,658▲ 15.3%
2022 · €66,482
EBIT margin
23.1%▼ 6.6pp
2022 · 29.7%
Net result
-€13,082
2023 · €17,199
Working capital
€69,750▼ 17.9%
2023 · €84,955
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 94, Activities of membership organisations, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202220232024
Turnover€66,482-€76,658▲ 15.3%
Operating result€19,733-€17,683▼ 10.4%-€12,538
Net result€19,240within the sector's middle half-€17,199within the sector's middle half▼ 10.6%-€13,082below the sector's middle half
EBIT margin29.7%-23.1%▼ 6.6pp
Equity€68,015below the sector's middle half-€85,215within the sector's middle half▲ 25.3%€72,133within the sector's middle half▼ 15.4%
Total assets€72,791below the sector's middle half-€88,376below the sector's middle half▲ 21.4%€75,593below the sector's middle half▼ 14.5%
Debt€4,776-€3,161▼ 33.8%€3,460▲ 9.4%
Working capital€67,755below the sector's middle half-€84,955within the sector's middle half▲ 25.4%€69,750within the sector's middle half▼ 17.9%
Solvency93.4%above the sector's middle half-96.4%above the sector's middle half▲ 3.0pp95.4%above the sector's middle half▼ 1.0pp
Current ratio15.19above the sector's middle half-27.87above the sector's middle half▲ 12.6921.16above the sector's middle half▼ 6.71
Return on assets (ROA)26.4%above the sector's middle half-19.5%above the sector's middle half▼ 7.0pp-17.3%below the sector's middle half▼ 36.8pp
Staff (FTE)3.6below the sector's middle half-4.5▲ 25.0%
above within below the middle half (P25 to P75) of NACE 94, Activities of membership organisations, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€20,000-€10,000€0€10,000€20,000Operating result 2022: €19,733€19,733Net result 2022: €19,240€19,240Operating result 2023: €17,683€17,683Net result 2023: €17,199€17,199Operating result 2024: -€12,538-€12,538Net result 2024: -€13,082-€13,082202220232024-€20,000-€10,000€0€10,000€20,000Operating result 2022: €19,733€19,700Net result 2022: €19,240€19,200Operating result 2023: €17,683€17,700Net result 2023: €17,199€17,200Operating result 2024: -€12,538-€12,500Net result 2024: -€13,082-€13,100202220232024
The operating result turns negative in 2024: a loss of €12,538 after €17,683 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €75,593
Fixed assets €2,383 ▲ 816%
Current assets €73,210 ▼ 16.9%
Equity and liabilities €75,593
Equity €72,133 ▼ 15.4%
Debt €3,460 ▲ 9.4%
Debt's share of the balance-sheet total rises from 3.6% to 4.6%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
-€12,476
Cash flow
-€13,020
Debt to equity
0.05▲
2023 · 0.04
ROE
-18.1%▼
2023 · 20.2%
Interest coverage
-22.93
Debt ≤ 1 year
€3,460▲
2023 · €3,161
Staff costs
€69,151▲
2023 · €63,408
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 5,834 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 84% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
1.7% went bankrupt
13% stopped otherwise
84% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: < 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 5,834 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 35 lines
Balance sheet Code20232024
Assets
Total assets20/58€88,376€75,593▼
Fixed assets21/28€260€2,383▲
Tangible fixed assets22/27-€2,123
Other tangible fixed assets26-€2,123
Financial fixed assets28€260€260=
Current assets29/58€88,116€73,210▼
Amounts receivable within one year40/41€13,463€14,301▲
Trade receivables40€7,982€8,670▲
Other amounts receivable41€5,481€5,631▲
Cash at bank and in hand54/58€72,942€52,462▼
Deferred charges and accrued income490/1€1,711€6,447▲
Equity and liabilities
Total equity and liabilities10/49€88,376€75,593▼
Equity10/15€85,215€72,133▼
Profit (loss) carried forward14€85,215€72,133▼
Amounts payable17/49€3,161€3,460▲
Amounts payable within one year42/48€3,161€3,460▲
Trade debts44€1,734€1,957▲
Suppliers440/4€1,734€1,957▲
Income statement Code20232024
Turnover70€76,658-
Non-recurring operating income76A€804€48▼
Goods, raw materials, services and sundry goods60/61€49,515-
Remuneration, social security and pensions62€63,408€69,151▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€62
Other operating charges640/8€120€170▲
Gross operating margin9900€81,211€56,845▼
Operating profit (loss)9901€17,683-€12,538▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€484€544▲
Recurring financial charges65€484€544▲
Profit (loss) for the period before taxes9903€17,199-€13,082▼
Profit (loss) for the period9904€17,199-€13,082▼
Profit (loss) for the period to be appropriated9905€17,199-€13,082▼
Appropriation of the result
Profit (loss) to be appropriated9906€85,215€72,133▼
Profit (loss) brought forward from the previous period14P€68,015€85,215▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202220232024Change
Turnover70€66,482€76,658--
Non-recurring operating income76A€27€804€48▼ 94.1%
Goods, raw materials, services and sundry goods60/61€34,395€49,515--
Remuneration, social security and pensions62€56,935€63,408€69,151▲ 9.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630--€62-
Other operating charges640/8€372€120€170▲ 41.7%
Gross operating margin9900€77,040€81,211€56,845▼ 30.0%
Operating profit (loss)9901€19,733€17,683-€12,538▼ 171%
Financial income75/76B€0€0--
Recurring financial income75€0€0--
Financial charges65/66B€493€484€544▲ 12.4%
Recurring financial charges65€493€484€544▲ 12.4%
Profit (loss) for the period before taxes9903€19,240€17,199-€13,082▼ 176%
Profit (loss) for the period9904€19,240€17,199-€13,082▼ 176%
Profit (loss) for the period to be appropriated9905€19,240€17,199-€13,082▼ 176%
Line202220232024Change
Assets
Total assets20/58€72,791€88,376€75,593▼ 14.5%
Fixed assets21/28€260€260€2,383▲ 816%
Tangible fixed assets22/27--€2,123-
Other tangible fixed assets26--€2,123-
Financial fixed assets28€260€260€260=
Current assets29/58€72,531€88,116€73,210▼ 16.9%
Amounts receivable within one year40/41€5,924€13,463€14,301▲ 6.2%
Trade receivables40€443€7,982€8,670▲ 8.6%
Other amounts receivable41€5,481€5,481€5,631▲ 2.7%
Cash at bank and in hand54/58€64,458€72,942€52,462▼ 28.1%
Deferred charges and accrued income490/1€2,149€1,711€6,447▲ 277%
Equity and liabilities
Total equity and liabilities10/49€72,791€88,376€75,593▼ 14.5%
Equity10/15€68,015€85,215€72,133▼ 15.4%
Profit (loss) carried forward14€68,015€85,215€72,133▼ 15.4%
Amounts payable17/49€4,776€3,161€3,460▲ 9.4%
Amounts payable within one year42/48€4,776€3,161€3,460▲ 9.4%
Trade debts44€2,253€1,734€1,957▲ 12.8%
Suppliers440/4€2,253€1,734€1,957▲ 12.8%
Taxes, remuneration and social security45€869---
Taxes450/3€196---
Remuneration and social security454/9€673---
Line202220232024Change
Profit (loss) for the period9904€19,240€17,199-€13,082▼ 176%
+ Depreciation and write-downs630--€62-
Operating cash flow (approximation)€19,240€17,199-€13,020▼ 176%
Investment in fixed assets (approximation)-€0-€2,185-
Change in cash-€8,484-€20,480▼ 341%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
24-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Weakest financial yearnet -€13,082
Net result drops to -€13,082, the lowest in the series.
27-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
24-03
NBB filing Annual accounts filed
fiscal year 2022 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Tournai · 1 establishment unit since 2009
seat establishment approximate The establishment unit on the map
Ground area
137 m²
Building footprint
55 m²
Parcel 57462A0281/00H005, Wallonia. Linked by address, not a title deed.
1 establishment unit
Momes Circus
Avenue Leray(TOU) 33, 7500 TournaiOther membership organisations
since 20092.177.541.617
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
57462A0281/00H005 Wallonia 137 m² 1 · 55 m² -
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Wallonia-Brussels Federation

2023 to 2025 · 12 entries · 131,971 EUR in total
Year Entries paid
2025 4 42,274 EUR
2024 3 40,327 EUR
2023 5 49,370 EUR

Similar companies · same sector, comparable size

Of 3,132 companies in sector 94999 we hold annual accounts for 714. 449 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formNon-profit association
Founded17-05-1990
Fiscal year end31-12
Activities, NACEBEL 2025
94999Other membership organisations
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.