Deficits
-€259,331 in five years
Every financial year from 2021 to 2025 closed with a deficit. 2025 was the heaviest.
Bamm vzw
Lifetime
19 annual accounts with figures on one time axis, 20 filings since 2006peak €1.1m (2024)
€1.1m▼ 3.6%
lowest -€124,760 (2025)
-€124,760▼ €28,323
peak €689,702 (2020)
€430,371▼ 22.5%
€167,464▼ 3.3%
peak 17.6 FTE (2022)
16.8 FTE▼ 2.3%
Board23 names since 2019all names
9 directorsFilip Libin and 8 others
Documentsfilings and deeds
31-03-2026122 days before the deadline
2025abbreviated format
Loss of €124,760Equity from €555,130 to €430,371
Key points
from the 2025 annual accountsStaff
24 employees on 31-12-2025
In 2025, 3 people joined and 6 left.
Filings
20 annual accounts since 2006
The last five annual accounts were filed 103 to 126 days before the end of the period.
Board
3 left
Directors left. Latest change 19-06-2026 · 7 in office.
Position in the sector
-€124,760
Lower net result than 92% of companies in education. Sector median €24,461 · 848 companies.
Public support
€3.4m awarded from 2022 to 2025
Flemish support, mostly Jeugdwerk: Werkingssubsidie voor een erkende cultuureducatieve vereniging (Jeugddecreet 2012).
Checked score
93
Excellent
Financially stronger than 42% of small companies in education (NACE 85)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: < 0.1% across 623 companies (NACE 85, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
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 03-2025highest value
05-2025: < 0.1%● unchanged vs 04-2025highest value
06-2025: < 0.1%● unchanged vs 05-2025highest value
07-2025: < 0.1%● unchanged vs 06-2025highest value
08-2025: < 0.1%● unchanged vs 07-2025highest value
09-2025: < 0.1%● unchanged vs 08-2025highest value
10-2025: < 0.1%● unchanged vs 09-2025highest value
11-2025: < 0.1%● unchanged vs 10-2025highest value
12-2025: < 0.1%● unchanged vs 11-2025highest value
01-2026: < 0.1%● unchanged vs 12-2025highest value
02-2026: < 0.1%● unchanged vs 01-2026highest value
03-2026: < 0.1%● unchanged vs 02-2026highest value
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 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Loss of €124,760, the second in a row (financial year 2025)
lowers risk
Legal form: non-profit association
Liquidity: current ratio 4.42, cash €394,359
Sector: Education (NACE 85)
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 85, small). It does better than 68% of them on solvency, 91% on liquidity, 1% on profitability and 7% on growth.
The bankruptcy probability was computed on 08-11-2026 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).
Comparable companies, two years later
In July 2024, 929 companies had the same profile as Bamm vzw has now. Each dot stands for 3 companies, two years later.
90.1%
were still trading
8.8%
stopped another way
1.1%
went bankrupt
The bankruptcy probability of Bamm vzw itself is lower: < 0.1% within 12 months. It rests on far more data about Bamm vzw than the profile alone.
Test of the method
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 929 companies, not a prediction for Bamm vzw. 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.
Credit verdict
Credit of up to €40,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.42 (4.17 in 2024), above the usual 1.5. Short-term debt is 20.4% and cash 63.5% of total assets. 30.7% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€124,760
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-03-2026, 122 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
122 days early
2024
126 days early
2023
125 days early
2022
124 days early
2021
103 days early
2020
131 days early
2019
58 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 113 days before the deadline. In the sector (NACE 85), the median for financial year 2024 was 16 days before the deadline, and 32% 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 29 March (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Resignation: Filip Libin (director)
General meeting of 30-03-2026 · Gazette deed
Resignations: Nele Van Bouwel (director) and Goele Vanweyenbergh (director)
General meeting of 10-10-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0422357794
5 directors appointed, 4 resignations
Resignations: Edwin Somers, Stijn Maes, Patrick Aertsen and Jan Cools (director and chair) · Withdrawals: Stijn Maes, Patrick Aertsen and Jan Cools · Appointments: Floortje Vantomme (chair), Lieze de Middeleir, Nele Van Bouwel, Adriaan De Raymaeker and Jeroen Delaet (day-to-day manager) · General meeting of 17-06-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Bamm vzw Leuven | - | - | 69.3% | 16.8 |
| L'Ecole de Cirque de Bruxelles Brussels | €531,714 | 7.5% | 46.2% | 13.5 |
| Cirkus in Beweging Leuven | - | - | 24.5% | 10.3 |
| La Chôm'hier - AID Brussels | €92,632 | -48.1% | -70.8% | 26.3 |
| DANSPUNT Ghent | - | - | 72.5% | 9.4 |
| CIRCUSPLANEET Ghent | - | - | 69.1% | 12.3 |
| P.A.R.T.S. - Performing Arts Research and Training Studios Forest | - | - | 37.1% | 9.1 |
These companies have the same main activity as Bamm vzw: cultural education (NACE 85520). They are comparable in size and age: total assets between €459,000 and €1.6m, founded between 1993 and 2000.
Official details
Source: KBO- Status
- Active since 18-05-1981Normal situation
- Registered office
- 12 active companies are registered at this addressSource: KBO register, as of 9 November 2026.
- Activity
- Cultural educationNACE 85520
- Joint committee
- 329.01Socio-cultural sector · annual accounts 2025
- Establishment unit
- 2.150.892.8463000 Leuven, since 03-01-2006
- Financial year end
- 31 December
- Peppol
- Reachable since 10-10-2025
Annual accounts 2025
- ≈ €1.8mestimated
- €620,984▼ 17.5%
- Employeeson 31-12-2025
- 24▼ 11.1%
- Filing
- Filed on 31-03-2026, 122 days before the end of the filing period
Insights on Bamm vzw
Bamm vzw files the abbreviated format. That format states no turnover. The gross margin rose from €540,607 in 2007 to €1.1m in 2025.
In September 2024, four 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.
Key facts about Bamm vzw
- What is the company number of Bamm vzw?
- The company number of Bamm vzw is 0422.357.794. The VAT number is the same number with BE in front: BE 0422.357.794.
- Where is Bamm vzw based?
- The registered office is at Vaartkom 4, 3000 Leuven.Company details
- What does Bamm vzw do?
- According to the KBO register, the main activity is cultural education (NACE 85520).
- What is the legal form of Bamm vzw?
- Bamm vzw is a non-profit association (VZW).
- When was Bamm vzw founded?
- Bamm vzw was founded on 18-05-1981.
- Is Bamm vzw still active?
- Yes, Bamm vzw is an active enterprise in the KBO register.
- How many employees does Bamm vzw have?
- Bamm vzw had an average of 16.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Bamm vzw fall under?
- In its 2025 annual accounts, Bamm vzw states joint committee 329.01 (Socio-cultural sector).
- What is the turnover of Bamm vzw?
- The turnover in financial year 2025 is ≈ €1.8m. This figure is estimated from the gross margin of €1.1m and 1,585 comparable companies of the same size. It probably lies between €1.2m and €3.0m. It is a rough estimate.
- Is Bamm vzw profitable?
- In financial year 2025, Bamm vzw made a loss of €124,760.
- Where can I find the annual accounts of Bamm vzw?
- Bamm vzw filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Bamm vzw due?
- Bamm vzw must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence See whether the workforce is growing and whether people stay.Employer check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See which support similar companies received that this one did not.Subsidies
See how customers, suppliers and banks see your own company and what to improve first.