Oxalys
ActiveSummary
Oxalys has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €178,408 and a net result of -€12,503. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 79% of 2026 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability8▲+2
Solvency100=
Growth48▲+6
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12,000 at 30 days acceptable
Liquidity ample (current ratio 4.81 against 4.66 in 2024; short-term debt: 20.3% and cash: 77.9% of total assets), and 20.3% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 90
Relative position
BE, all sectors
reference
Arts creation and performing arts activities (NACE 90)
about 58% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€12,503
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 d early
2024
14 d early
2023
30 d early
2022
38 d late
2021
23 d late
2020
13 d early
2019
66 d 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 13 days before the deadline; the sector median for financial year 2024 is 4 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 17 July (4 of the last 5 filed years within 37 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
€122,594▲ 35.6%
2024 · €90,406
EBIT margin
-10.7%▲ 11.7pp
2024 · -22.4%
Net result
-€12,503▲ 34.5%
2024 · -€19,076
Working capital
€172,935▼ 6.0%
2024 · €184,038
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 90, Arts creation and performing arts activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€56,250▲ 34.9%€81,502▲ 44.9%€111,746▲ 37.1%€90,406▼ 19.1%€122,594▲ 35.6%
Operating result€9,420▼ 51.1%-€9,402€2,544-€20,273-€13,135▲ 35.2%
Net result€9,221within the sector's middle half▼ 51.3%-€10,290below the sector's middle half€2,626within the sector's middle half-€19,076below the sector's middle half-€12,503below the sector's middle half▲ 34.5%
EBIT margin16.7%▼ 29.4pp-11.5%▼ 28.3pp2.3%▲ 13.8pp-22.4%▼ 24.7pp-10.7%▲ 11.7pp
Equity€217,651within the sector's middle half▲ 4.4%€207,361above the sector's middle half▼ 4.7%€209,987above the sector's middle half▲ 1.3%€190,911above the sector's middle half▼ 9.1%€178,408above the sector's middle half▼ 6.5%
Total assets€268,188within the sector's middle half▲ 2.6%€260,176within the sector's middle half▼ 3.0%€263,076within the sector's middle half▲ 1.1%€241,180within the sector's middle half▼ 8.3%€223,837within the sector's middle half▼ 7.2%
Debt€50,537▼ 4.7%€52,815▲ 4.5%€53,089▲ 0.5%€50,269▼ 5.3%€45,429▼ 9.6%
Working capital€216,378within the sector's middle half▲ 5.4%€206,088above the sector's middle half▼ 4.8%€204,504above the sector's middle half▼ 0.8%€184,038above the sector's middle half▼ 10.0%€172,935above the sector's middle half▼ 6.0%
Solvency81.2%above the sector's middle half▲ 1.4pp79.7%above the sector's middle half▼ 1.5pp79.8%above the sector's middle half▲ 0.1pp79.2%above the sector's middle half▼ 0.7pp79.7%above the sector's middle half▲ 0.5pp
Current ratio5.28above the sector's middle half▲ 0.414.90above the sector's middle half▼ 0.384.85above the sector's middle half▼ 0.054.66above the sector's middle half▼ 0.194.81above the sector's middle half▲ 0.15
Return on assets (ROA)3.4%within the sector's middle half▼ 3.8pp-4.0%below the sector's middle half▼ 7.4pp1.0%within the sector's middle half▲ 5.0pp-7.9%below the sector's middle half▼ 8.9pp-5.6%below the sector's middle half▲ 2.3pp
Staff (FTE)2.6within the sector's middle half▼ 13.3%
above
within
below
the middle half (P25 to P75) of NACE 90, Arts creation and performing arts activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €13,135 in 2025 against €20,273 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €223,837
Fixed assets
€5,473 ▼ 20.4%
Current assets
€218,364 ▼ 6.8%
Equity and liabilities €223,837
Equity
€178,408 ▼ 6.5%
Debt
€45,429 ▼ 9.6%
Debt's share of the balance-sheet total falls from 20.8% to 20.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€11,735▲
2024 · -€14,663
Cash flow
-€11,103▲
2024 · -€13,466
Debt to equity
0.25▼
2024 · 0.26
ROE
-7.0%▲
2024 · -10.0%
Interest coverage
-64.83▲
2024 · -124.26
Debt ≤ 1 year
€45,429▼
2024 · €50,269
Staff costs
€177,355▲
2024 · €174,978
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 12,321 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
0.6%
went bankrupt
8.5%
stopped otherwise
90%
still going
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 12,321 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €56,250 | €81,502 | €111,746 | €90,406 | €122,594 | ▲ 35.6% |
| Non-recurring operating income76A | €375 | - | €5,825 | €3,205 | €1,611 | ▼ 49.7% |
| Goods, raw materials, services and sundry goods60/61 | €117,408 | €152,038 | €175,534 | €170,397 | €195,768 | ▲ 14.9% |
| Remuneration, social security and pensions62 | €156,984 | €178,505 | €172,843 | €174,978 | €177,355 | ▲ 1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,872 | - | €4,210 | €5,610 | €1,400 | ▼ 75.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €5,402 | - |
| Other operating charges640/8 | - | - | - | - | €43 | - |
| Non-recurring operating charges66A | €926 | - | €1,804 | €6,656 | €30 | ▼ 99.5% |
| Gross operating margin9900 | €169,202 | €169,103 | €181,401 | €166,971 | €171,095 | ▲ 2.5% |
| Operating profit (loss)9901 | €9,420 | -€9,402 | €2,544 | -€20,273 | -€13,135 | ▲ 35.2% |
| Financial income75/76B | - | - | €437 | €1,315 | €813 | ▼ 38.2% |
| Recurring financial income75 | - | - | €437 | €1,315 | €813 | ▼ 38.2% |
| Financial charges65/66B | €199 | €888 | €355 | €118 | €181 | ▲ 53.4% |
| Recurring financial charges65 | €199 | €888 | €355 | €118 | €181 | ▲ 53.4% |
| Profit (loss) for the period before taxes9903 | €9,221 | -€10,290 | €2,626 | -€19,076 | -€12,503 | ▲ 34.5% |
| Profit (loss) for the period9904 | €9,221 | -€10,290 | €2,626 | -€19,076 | -€12,503 | ▲ 34.5% |
| Profit (loss) for the period to be appropriated9905 | €9,221 | -€10,290 | €2,626 | -€19,076 | -€12,503 | ▲ 34.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €268,188 | €260,176 | €263,076 | €241,180 | €223,837 | ▼ 7.2% |
| Fixed assets21/28 | €1,273 | €1,273 | €5,483 | €6,873 | €5,473 | ▼ 20.4% |
| Intangible fixed assets21 | - | - | €4,210 | - | - | - |
| Tangible fixed assets22/27 | - | - | - | €5,600 | €4,200 | ▼ 25.0% |
| Plant, machinery and equipment23 | - | - | - | €5,600 | €4,200 | ▼ 25.0% |
| Financial fixed assets28 | €1,273 | €1,273 | €1,273 | €1,273 | €1,273 | = |
| Current assets29/58 | €266,915 | €258,903 | €257,593 | €234,307 | €218,364 | ▼ 6.8% |
| Amounts receivable within one year40/41 | €45,441 | €66,852 | €59,495 | €54,774 | €43,677 | ▼ 20.3% |
| Trade receivables40 | €12,465 | €33,114 | €24,441 | €19,000 | €10,024 | ▼ 47.2% |
| Other amounts receivable41 | €32,976 | €33,738 | €35,054 | €35,774 | €33,653 | ▼ 5.9% |
| Cash at bank and in hand54/58 | €221,474 | €192,051 | €198,098 | €179,533 | €174,475 | ▼ 2.8% |
| Deferred charges and accrued income490/1 | - | - | - | - | €212 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €268,188 | €260,176 | €263,076 | €241,180 | €223,837 | ▼ 7.2% |
| Equity10/15 | €217,651 | €207,361 | €209,987 | €190,911 | €178,408 | ▼ 6.5% |
| Reserves13 | €154,666 | €154,666 | €154,666 | €154,666 | €154,666 | = |
| Profit (loss) carried forward14 | €62,985 | €52,695 | €55,321 | €36,245 | €23,742 | ▼ 34.5% |
| Amounts payable17/49 | €50,537 | €52,815 | €53,089 | €50,269 | €45,429 | ▼ 9.6% |
| Amounts payable within one year42/48 | €50,537 | €52,815 | €53,089 | €50,269 | €45,429 | ▼ 9.6% |
| Trade debts44 | €33,625 | €33,698 | €18,311 | €23,036 | €9,597 | ▼ 58.3% |
| Suppliers440/4 | €33,625 | €33,698 | €18,311 | €23,036 | €9,597 | ▼ 58.3% |
| Taxes, remuneration and social security45 | €16,912 | €19,117 | €34,778 | €27,233 | €35,832 | ▲ 31.6% |
| Taxes450/3 | - | €1,046 | €4,561 | €4,444 | €3,812 | ▼ 14.2% |
| Remuneration and social security454/9 | €16,912 | €18,071 | €30,217 | €22,789 | €32,020 | ▲ 40.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9,221 | -€10,290 | €2,626 | -€19,076 | -€12,503 | ▲ 34.5% |
| + Depreciation and write-downs630 | €1,872 | - | €4,210 | €5,610 | €1,400 | ▼ 75.0% |
| Operating cash flow (approximation) | €11,093 | -€10,290 | €6,836 | -€13,466 | -€11,103 | ▲ 17.5% |
| Investment in fixed assets (approximation) | - | €0 | -€8,420 | -€7,000 | €0 | ▲ 100% |
| Change in cash | - | -€29,423 | €6,047 | -€18,565 | -€5,058 | ▲ 72.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet -€19,076
Net result drops to -€19,076, the lowest in the series; recovery starts the following year.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €2,626
Net result €2,626 after one loss-making year.
07-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 38 days late
2022
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 23 days late
2021
18-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €200,000Eq €208,430 ▲10%
3 profitable years in a row build equity to €208,430.
26-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Highest result since 2018net €28,868 ▲219%
Operating result €28,901, net result €28,868, both a record.
14-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
01-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
05-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2006
Ground area
2,195 m²
Building footprint
206 m²
Volume, LiDAR
2,767 m³
2 parcels, Brussels · tallest building 17.8 m, ±5 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
Oxalys
since 20062.158.095.590
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21813E0071/03K003 | Brussels | 2,107 m² | 1 · 121 m² | 15.7 m · 4 fl. |
| 21910E0070/00X003 | Brussels | 88 m² | 1 · 85 m² | 17.8 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 946,832 EUR awarded · 922,706 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 242,966 EUR | 241,330 EUR |
| 2024 | 1 | 237,276 EUR | 235,698 EUR |
| 2023 | 2 | 232,648 EUR | 234,449 EUR |
| 2022 | 1 | 233,942 EUR | 211,229 EUR |
Wallonia-Brussels Federation
2023 · 1 entry · 1,756 EUR in total| Year | Entries | paid |
|---|---|---|
| 2023 | 1 | 1,756 EUR |
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Of 3,395 companies in sector 90393 we hold annual accounts for 942. 732 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formNon-profit association
Founded08-07-1993
Fiscal year end31-12
Activities, NACEBEL 2025
90202Performing arts by artistic ensembles
90393Specialised image, lighting and sound technical services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0451435822
Also
9925:BE0451435822
Registered
29-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.