Financials
- Fiscal year
- 2025
- Total assets
- €43,371
- Profit
- €601
- Solvency
- 48.7%
Total assets▼ 47.0%
Net result
20182025
NAÏAD
ActiveSummary
NAÏAD has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €21,143 and a net result of €601. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 50% of 2204 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Overview
Activity
Performing arts by artistic ensembles
NACE 90202NACE 90012
1 site
Size
€43,371total assets 2025
- Equity
- €21,143
- Profit
- €601
Turnover not published (abridged schema)
Structure
Accounts 29 d early0 of 3 deeds read
Why 94- 1 of the last 3 late+ Liquidity: current ratio 1.72, cash €23,187+ Sector Arts creation and performing arts activities (NACE 90)+ Size: total assets €43,371Show the evidence
Checked score
Score 2025
94
/ 100
Excellent
Probability in this band: under 0.55%
Better than 53% of its sector peers (NACE 90, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency
74+24
equity 48.7% of total assets
Liquidity
74+22
short-term debt 51.3% · cash 53.5%
Profitability
70+4
return on assets 1.4%
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).
Last 5 months
06-2026: 0.1%
07-2026: 0.1%▲ +10.3% vs 06-2026highest value
08-2026: < 0.1%▼ -65.5% vs 07-2026lowest value
09-2026: < 0.1%● 0.0% vs 08-2026lowest value
10-2026: < 0.1%● 0.0% vs 09-2026lowest value
- Liquidity: current ratio 1.72, cash €23,187 lowers the probability
- Sector Arts creation and performing arts activities (NACE 90) lowers the probability
- 1 of the last 3 late raises the probability
- Size: total assets €43,371 lowers the probability for this profile
Credit up to €1,500 at 30 days acceptable
Liquidity ample (current ratio 1.72 against 1.23 in 2024; short-term debt: 51.3% and cash: 53.5% of total assets), but 51.3% 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, micro). Better than this share of them on solvency 51%, liquidity 63%, profitability 46%, growth against the median 50%. 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+raises risk○neutral
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 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 d early
2024
1 d early
2023
61 d late
2022
29 d late
2021
on the day
2020
25 d late
2019
88 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 25 days after 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 31 July (4 of the last 5 filed years within 30 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 · micro…
- Back to profitnet €601
- Annual accounts filedfiscal year 2024 · micro…
Key points
By topic
Timeline
- Events
- 13
- Since
- 2017
- Next accounts
- by 31-07-2027
- 02-07-2026Annual accounts filed
- 31-12-2025Back to profit
- 30-07-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Activity
- Performing arts by artistic ensemblesNACE 90202
- Founded
- 10-01-2008
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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