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Musee Horta

Active
Non-profit associationfounded 197056 yrs activeAmerikastraat 25, 1060 Sint-Gillis (bij-Brussel), BelgiumKBO/BCE: BE 0410.315.938
Summary

Musee Horta has been active since 1970 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €571,120 and a net result of €633. Equity is growing by ~24.5% per year across the filed fiscal years. Its solvency ranks better than 70% of 71 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Overview

Activity
Libraries, archives, museums and other cultural activities
NACE 91220NACE 91030NACE 92520
#2 oldest company in Sint-Gillis, Arts, sports and recreation sector1 site
Size
€1.1mturnover 2025
Equity
€571,120
Profit
€633
Financial health
94 Excellent Checked score 2025
Bankruptcy chance 12 m
< 0.1%
Structure
Accounts 51 d early0 of 6 deeds read
Why 94+ Legal form Non-profit association+ Liquidity: current ratio 3.42, cash €308,769+ Founded in 1970+ Equity €571,120 (70.9% of total assets)Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Better than 56% of its sector peers (NACE 91, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency 96+7
equity 70.9% of total assets
Liquidity 87-5
short-term debt 28.0% · cash 38.3%
Profitability 32-6
return on assets 0.1%
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).

Sector median 0.1% (144 companies)
Last 18 months 05-2025: < 0.1%highest value 06-2025: < 0.1%● 0.0% vs 05-2025highest value 07-2025: < 0.1%● 0.0% vs 06-2025highest value 08-2025: < 0.1%● 0.0% vs 07-2025highest value 09-2025: < 0.1%● 0.0% vs 08-2025highest value 10-2025: < 0.1%● 0.0% vs 09-2025highest value 11-2025: < 0.1%● 0.0% vs 10-2025highest value 12-2025: < 0.1%● 0.0% vs 11-2025highest value 01-2026: < 0.1%▼ -10.0% vs 12-2025lowest value 02-2026: < 0.1%● 0.0% vs 01-2026lowest value 03-2026: < 0.1%▲ +11.1% vs 02-2026highest value 04-2026: < 0.1%▼ -10.0% vs 03-2026lowest value 05-2026: < 0.1%● 0.0% vs 04-2026lowest value 06-2026: < 0.1%● 0.0% vs 05-2026lowest value 07-2026: < 0.1%● 0.0% vs 06-2026lowest value 08-2026: < 0.1%● 0.0% vs 07-2026lowest value 09-2026: < 0.1%● 0.0% vs 08-2026lowest value 10-2026: < 0.1%● 0.0% vs 09-2026lowest value
  • Legal form Non-profit association lowers the probability
  • Liquidity: current ratio 3.42, cash €308,769 lowers the probability
  • Founded in 1970 lowers the probability for this profile
  • Equity €571,120 (70.9% of total assets) lowers the probability
Credit up to €50,000 at 30 days acceptable
Liquidity ample (current ratio 3.42 against 4.04 in 2024; short-term debt: 28% and cash: 38.3% of total assets), and 29.1% 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 91, micro). Better than this share of them on solvency 68%, liquidity 74%, profitability 24%, growth against the median 58%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, 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
lowers risk · Legal form Non-profit association
In the bankruptcy model this factor lowers the probability.
KBO
lowers risk · Liquidity: current ratio 3.42, cash €308,769
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Founded in 1970
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Equity €571,120 (70.9% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
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 10-06-2026, 51 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
51 d early
2024
108 d early
2023
76 d early
2022
83 d early
2021
81 d early
2020
115 d early
2019
61 d late
← 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 65 days before the deadline; the sector median for financial year 2024 is 22 days before the deadline, and 30% 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 11 May (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
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
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Positive: Oldest company in Sint-Gillis, Arts, sports and recreation…in the Checked rankings #2 View
  • Wallonia-Brussels supportpaid 2023 - 2025 €1.2m View
  • Positive: Always filed on timeaccounts within the deadline every year 6 years View
  • Positive: 3 years of growth in a rowturnover 2025: €1.1m 3 years View
  • Active since 1970founded 29-01-1970 56 years View

By topic

Financials

Fiscal year
2025
Turnover
€1.1m
Profit
€633
Solvency
70.9%
Turnover▲ 12.0%
Net result
20192025
Go to Financials

Timeline

Events
18
Since
2017
Next accounts
by 31-07-2027
  1. 10-06-2026Annual accounts filed
  2. 14-04-2025Annual accounts filed
  3. 16-05-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Non-profit association
Activity
Libraries, archives, museums and other cultural activitiesNACE 91220
Founded
29-01-1970
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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