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NTGent

Active
Public-utility foundationfounded 1965active for 61 yearsSint-Baafsplein 17, 9000 Gent, BelgiumKBO/BCE: BE 0410.353.154
Summary

NTGent has the legal form “Public-utility foundation” in the KBO; Checked does not compute a bankruptcy probability for it. The 2025 annual accounts show equity of €10.7m and a net result of -€112,357. Equity is growing by about 4.3% per year across the filed financial years. Its solvency ranks better than 62% of 624 sector peers (NACE 90, financial year 2025). The company has been active since 1965 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow ReportCompare
NTGentActiveChecked score 66/100
Risk analysis ReportCompare

Overview

Activity
Performing arts by artistic ensembles
NACE 90202Arts creation and performing arts activities NACE 90311
2nd largest employer in East Flanders, Creative and performing arts sector3 sites
Size
€11.0moperating revenue 2025
Staff
75.7 FTE
Equity
€10.7m
Deficit
-€112,357
Financial health
66 Healthy Checked score 2025
Bankruptcy probability: legal form outside the model
Structure
Board
8 members
Auditor: Baker Tilly BedrijfsrevisorenAccounts 99 days early2 of 18 deeds read
SignalsneutralLatest accounts filed on timeShow the evidence

Checked score

Score 2025
66 / 100
Healthy▼ -4 on 2024
Without a bankruptcy probability: score from the figures alone
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 79=
equity 53.5% of total assets
Liquidity 50-2
short-term debt 10.7% · cash 0.5%
Profitability 72-8
return on assets -0.6%
Bankruptcy probability, 12 months

For a Public-utility foundation we don't show a bankruptcy probability: the model is built on companies and gives no reliable figure for associations and foundations.

Credit of up to €350,000 on 30-day terms is acceptable
Liquidity ample (current ratio 4.52, compared with 4.76 in 2024; short-term debt: 10.7% and cash: 0.5% of total assets), and 46.5% of the assets are financed with debt and provisions.
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Signals

1 signal.
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 23-04-2026, 99 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
99 days early
2024
94 days early
2023
119 days early
2022
110 days early
2021
101 days early
2020
100 days early
2019
85 days early
← 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 101 days before the deadline; the sector median (NACE 90) for financial year 2024 is 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 21 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
12-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Appointment: Baker Tilly Belgium Bedrijfsrevisoren BV…Gazette deed
  2. Annual accounts filedfinancial year 2025 · abbreviated…
  3. Reappointments: Bram Vandekerckhove, Geert Vandyck and…Appointments: Willem Wallyn, Sophie Cocquyt…

Key points

  • Caution: From profit to loss in 2025after €286,634 in 2024 -€112,357 View
  • Caution: Among the weakest 8% on net resultsector median €12,387 · 627 companies -€112,357 View
  • Board changedlatest change 01-12-2025 · 8 in office 4 joined · 4 left View
  • Flemish supportawarded from 2022 to 2025 €14.0m View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Active since 1965founded 22-04-1965 61 years View

By topic

Financials

Financial year
2025
Turnover
€3.5m
Loss
-€112,357
Solvency
53.5%
Turnover▼ 14.9%
Net result
20182025
Go to Financials

Board & ownership

Board
8 members
Auditor
Baker Tilly Bedrijfsrevisoren
  • Muriel UytterhaegenDirector
  • Dirk HolemansDirector
  • Sophie CocquytDirector
  • Willem WallynDirector
  • Bram VandekerckhoveDirector

and 3 other directors

Go to Board & ownership

Timeline

Events
24
Since
2008
Next accounts
by 31-07-2027
  1. 28-04-2025Annual accounts filed
  2. 03-04-2024Annual accounts filed
  3. 31-12-2023Equity above €10m
Go to Timeline

Company details

Sites
3
Legal form
Public-utility foundation
Activity
Performing arts by artistic ensemblesNACE 90202
Founded
22-04-1965
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What support did similar companies receive that this one did not?Subsidies

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