Debts
€130,835 97% of the balance sheet
After one year 1%Within one year 99%
Of this, €129,959 falls due within a year.
ODACITY
Lifetime
13 annual accounts with figures on one time axispeak €73,050 (2017)
-€18,232▼ €43,232
lowest -€42,442 (2013)
-€23,210▼ €44,185
peak €39,667 (2019)
€3,713▼ 86.2%
€130,835▼ 4.8%
peak 1 FTE (2020)
-not published
Board1 name since 2012
1 directorJean-François VENEZIANO
Documentsfilings and deeds
30-06-202631 days before the deadline
2025micro format
Gross margin from €25,000 to -€18,232Loss of €23,210Registered office moved from Ixelles to Brussels 23-05Equity from €26,922 to €3,713
Key points
from the 2025 annual accountsFilings
13 annual accounts since 2013
Nine of the last ten came late. The 2018 accounts came latest: 122 days after the end of the period.
Position in the sector
-€23,210
Lower net result than 91% of companies in creative and performing arts. Sector median €6,309 · 2,484 companies.
Turnover not published (micro format)
Checked score
53
Fair
Financially stronger than 17% of micro companies in creative and performing arts (NACE 90)
Probability in this band: 1.5% to 4.2%
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59.
Bankruptcy probability within 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 3,433 companies (NACE 90, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.5%
01-2025: 0.5%● unchanged vs 12-2024
02-2025: 0.5%● unchanged vs 01-2025
03-2025: 0.5%● unchanged vs 02-2025
04-2025: 0.5%● unchanged vs 03-2025
05-2025: 0.5%● unchanged vs 04-2025lowest value
06-2025: 1.2%▲ +0.7 percentage points vs 05-2025
07-2025: 1.3%▲ +0.1 percentage points vs 06-2025
08-2025: 1.7%▲ +0.4 percentage points vs 07-2025
09-2025: 2.1%▲ +0.4 percentage points vs 08-2025
10-2025: 2.8%▲ +0.7 percentage points vs 09-2025
11-2025: 3.5%▲ +0.7 percentage points vs 10-2025highest value
12-2025: 3.5%● unchanged vs 11-2025highest value
01-2026: 3.5%● unchanged vs 12-2025highest value
02-2026: 3.5%● unchanged vs 01-2026highest value
03-2026: 3.5%● unchanged vs 02-2026highest value
04-2026: 3.5%● unchanged vs 03-2026
05-2026: 3.3%▼ -0.2 percentage points vs 04-2026
06-2026: 3.2%▼ -0.1 percentage points vs 05-2026
07-2026: 1.1%▼ -2.1 percentage points vs 06-2026
08-2026: 1.1%● unchanged vs 07-2026
09-2026: 1.1%● unchanged vs 08-2026
10-2026: 1.1%● unchanged vs 09-2026
11-2026: 1.1%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year
1 change of registered office in 24 months
2 of the last 3 accounts late
Loss of €23,210 (financial year 2025)
lowers risk
Liquidity: current ratio 1.04, cash €124,428
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, micro). It does better than 18% of them on solvency, 36% on liquidity, 7% on profitability and 7% on growth.
The bankruptcy probability was computed on 10-11-2026 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 low class on 30-06-2025, 0.8% 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, 642 companies had the same profile as ODACITY has now. Each dot stands for 2 companies, two years later.
89.9%
were still trading
5.5%
stopped another way
3.6%
went bankrupt
Another 1.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ODACITY itself: 1.1% within 12 months.
Test of the method
The method was tested on the 497,448 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 642 companies, not a prediction for ODACITY. 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
No publishable credit limit, so credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is tight, with a current ratio of 1.04 (1.25 in 2024), below the usual 1.5. Short-term debt is 96.6% and cash 92.5% of total assets. 97.2% 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 · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 2488 sector peers (2025).
NBB · sector comparisonPosition among 2488 sector peers
Solvency
better than 18%
← weakest
strongest →
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 days early
2024
83 days late
2023
31 days late
2022
28 days late
2021
29 days late
2020
104 days late
2019
108 days late
← 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 50 days after the deadline. In the sector (NACE 90), the median for financial year 2024 was 3 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 29 August (4 of the last 5 accounts filed within 54 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered office moved from Ixelles to Brussels
New registered office: Avenue Emile de Beco numéro 40, Ixelles (1050 Bruxelles) · Previous registered office: 88 rue Souveraine à 1050 Ixelles · Resignation: Jean-François VENEZIANO (manager) · General meeting of 20-05-2025 · Gazette deed
Registered office moved within Ixelles
New registered office: 88 rue Souveraine à 1050 Ixelles · Previous registered office: 40 avenue Emile de Beco à 1050 Ixelles · Gazette deed
Incorporation
published on 02-03-2012 · Gazette deed
First establishment
Emile de Becolaan 40, Ixelles
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ODACITY Ixelles | €134,548 | -€18,232 | 2.8% | - |
| Events & Food Evere | €130,794 | -€20,272 | 2.2% | 2.3 |
| HET LEFHUIS Mechelen | €105,801 | -€21,303 | 47.9% | - |
| STUDIO T'NK Stekene | €186,683 | -€11,670 | 96.6% | - |
| BRUNSK Berlare | €81,857 | €1,276 | 75.8% | - |
| Cedric.Art Deerlijk | €135,296 | -€17,295 | -37.1% | - |
| CINDEPENDENT Putte | €96,763 | -€447 | 94.0% | - |
These companies have the same main activity as ODACITY: visual arts creation (NACE 90120). They are comparable in size and age: total assets between €81,900 and €187,000, founded between 2008 and 2015.
Official details
Source: KBO- Status
- Active since 20-02-2012Normal situation
- Activity
- Visual arts creationNACE 90120and 8 others
- Establishment unit
- 2.207.279.3421050 Ixelles, since 20-02-2012
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Annual accounts 2025
- €134,548▼ 18.1%
- Filing
- Filed on 30-06-2026, 31 days before the end of the filing period
Insights on ODACITY
ODACITY files the micro format. That format states no turnover. The gross margin rose from -€38,524 in 2013 to -€18,232 in 2025.
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 ODACITY
- What is the company number of ODACITY?
- The company number of ODACITY is 0843.804.087. The VAT number is the same number with BE in front: BE 0843.804.087.
- Where is ODACITY based?
- The registered office is at Emile de Becolaan 40, 1050 Ixelles.Company details
- What does ODACITY do?
- According to the KBO register, the main activity is visual arts creation (NACE 90120).
- What is the legal form of ODACITY?
- ODACITY is a private limited company (BV).
- When was ODACITY founded?
- ODACITY was founded on 20-02-2012.
- Is ODACITY still active?
- Yes, ODACITY is an active enterprise in the KBO register.
- How many employees does ODACITY have?
- ODACITY had an average of 0.5 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
- What is the turnover of ODACITY?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.
- Is ODACITY profitable?
- In financial year 2025, ODACITY made a loss of €23,210.
- Where can I find the annual accounts of ODACITY?
- ODACITY filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ODACITY due?
- ODACITY must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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