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MUZIEKPUBLIQUE

Active
Non-profit associationfounded 2001active for 25 yearsRiddersstraat 4, 1050 Elsene, BelgiumKBO/BCE: BE 0475.962.172
Summary

MUZIEKPUBLIQUE has been active since 2001 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €275,002 and a net result of -€5,603. Equity has been growing by about 5.8% per year since 2018. Its solvency ranks better than 60% of 298 sector peers (NACE 90, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 26-08-2001 Normal situation
Activity
Promotion and organisation of arts and performing arts events NACE 90391
Establishment unit
2.160.161.789 1050 Elsene, since 26-08-2001
Financial year end
31 December
Peppol
Reachable since 29-09-2025

Board and ownership

Board
and 12 others

Financial position

93 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€597,505
▼ 1.4%
Turnover
≈ €810,000
estimated
Deficit
€5,603
Equity
€275,002
▼ 2.0%
Total assets
€512,215
▲ 7.4%
Employees on 31-12-2025
11
▼ 26.7%
Filed on 29-07-2026, 2 days before the deadline
Score breakdownraises riskSize: 10 FTE, total assets €512,215lowers riskLegal form: non-profit associationLiquidity: current ratio 3.08, cash €360,987Equity €275,002 (53.7% of total assets)Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 47% of small companies in creative and performing arts (NACE 90)
Financial strength · tick: 2024
Strong
Solvency 79-5
equity 53.7% of total assets
Liquidity 87-2
short-term debt 30.8% · cash 70.5%
Profitability 26-64
return on assets -1.1%
Bankruptcy probability within 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% (225 companies, NACE 90, small)
Last 24 months 12-2024: 0.2%highest value 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: < 0.1%▼ -0.2 percentage points vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 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 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.08 (3.33 in 2024), above the usual 1.5. Short-term debt is 30.8% and cash 70.5% of total assets. 46.3% of the assets are financed with debt and provisions.
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 90, small). It does better than 64% of them on solvency, 78% on liquidity, 16% on profitability and 32% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Legal form: non-profit association
KBO
lowers risk · Liquidity: current ratio 3.08, cash €360,987
NBB · annual accounts
lowers risk · Equity €275,002 (53.7% of total assets)
NBB · annual accounts
raises risk · Size: 10 FTE, total assets €512,215
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
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 29-07-2026, 2 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
2 days early
2024
44 days early
2023
71 days early
2022
81 days early
2021
43 days late
2020
25 days late
2019
35 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 24 days before the deadline. In the sector (NACE 90), the median for financial year 2024 was 4 days before the deadline, and 38% 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 17 June (4 of the last 5 accounts filed within 42 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: From profit to loss in 2025after a profit of €82,720 in 2024 -€5,603 View
  • Board changedlatest change 30-03-2026 · 13 in office 1 joined · 1 left View
  • Flemish supportawarded from 2022 to 2025 €979,939 View
  • Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View

Recent changes

  1. · Gazette deed Resignation: Sarah d'Angelo (director)Withdrawal: Sarah d'Angelo (membre de l'assemblée générale) · Admission: Noortje De Corte (membre de l'assemblée générale) · Appointment: Noortje De Corte (director)
  2. · Gazette deed Appointment: Noortje De Corte (lid van de algemene vergadering en bestuurder)Reappointment: Peter Van Rompaey (managing director)
  3. · Gazette deed Registered office moved within ElseneResignations: Karen De Pooter (director) and Roberto Denis (director) · Appointments: Ayoko Mensah (director) and Sarah D'Angelo (director) · Reappointment: Peter Van Rompaey (managing director)
All 20 events

Comparable companies

These companies have the same main activity as MUZIEKPUBLIQUE: promotion and organisation of arts and performing arts events (NACE 90391). They are comparable in size and age: total assets between €391,000 and €1.2m, founded between 1997 and 2009.

CompanyTotal assetsGross margin
MUZIEKPUBLIQUE Elsene€0.5m€0.6m
ZONZO COMPAGNIE Antwerpen€0.6m€0.6m
ZOMER VAN ANTWERPEN VZW Antwerpen€0.4m€1.1m
Cultureghem VZW Anderlecht€0.6m€0.8m
ARTEPUB-ACKA Brussel€1.2m€0.8m
PROJECTVERENIGING DIJK 92 Dendermonde€0.4m€0.6m
Station2Station Liège€0.4m€1.0m
Full comparison

Key facts about MUZIEKPUBLIQUE

What is the company number of MUZIEKPUBLIQUE?
The company number of MUZIEKPUBLIQUE is 0475.962.172. The VAT number is the same number with BE in front: BE 0475.962.172.
Where is MUZIEKPUBLIQUE based?
The registered office is at Riddersstraat 4, 1050 Elsene.Company details
What does MUZIEKPUBLIQUE do?
According to the KBO register, the main activity is promotion and organisation of arts and performing arts events (NACE 90391).
What is the legal form of MUZIEKPUBLIQUE?
The legal form of MUZIEKPUBLIQUE is Non-profit association (VZW).
When was MUZIEKPUBLIQUE founded?
MUZIEKPUBLIQUE was founded on 26-08-2001.
Is MUZIEKPUBLIQUE still active?
Yes, MUZIEKPUBLIQUE is an active enterprise in the KBO register.
How many employees does MUZIEKPUBLIQUE have?
MUZIEKPUBLIQUE had an average of 10 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of MUZIEKPUBLIQUE?
The turnover in financial year 2025 is ≈ €810,000. This figure is estimated from the gross margin of €597,505 and 31 comparable companies (NACE 90). It probably lies between €640,000 and €1.5m.
Is MUZIEKPUBLIQUE profitable?
In financial year 2025, MUZIEKPUBLIQUE made a loss of €5,603.
Where can I find the annual accounts of MUZIEKPUBLIQUE?
MUZIEKPUBLIQUE filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MUZIEKPUBLIQUE due?
MUZIEKPUBLIQUE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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