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Oxalys

Active
Non-profit associationfounded 1993active for 33 yearsMasuiplein 13, 1000 Brussel, BelgiumKBO/BCE: BE 0451.435.822

From the official registers: KBO 14 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

Oxalys has been active since 1993 and the Belgian Official 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 financial years (±0.2% per year). Its solvency ranks better than 79% of 2,477 sector peers (NACE 90, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, micro format

Latest annual accounts filed

Annual accounts 2025

View at the NBB
Financial year ended
31-12-2025
Filed on
30-06-2026
Format
micro format
Reference
2026-00233391
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

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result stays negative: a loss of €13,135 in 2025 against €20,273 in 2024; the loss shrinks.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Turnover€122,594 2025 Operating result-€13,135 2025 Net result-€12,503 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 90, Arts creation and performing arts activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Turnover€110,694-€75,660▼ 31.6%€41,695▼ 44.9%€56,250▲ 34.9%€81,502▲ 44.9%€111,746▲ 37.1%€90,406▼ 19.1%€122,594▲ 35.6%
Operating result€9,373-€28,901▲ 208%€19,254▼ 33.4%€9,420▼ 51.1%-€9,402€2,544-€20,273-€13,135▲ 35.2%
Net result€9,053-€28,868▲ 219%€18,940within the sector's middle half▼ 34.4%€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 margin8.5%-38.2%▲ 29.7pp46.2%▲ 8.0pp16.7%▼ 29.4pp-11.5%▼ 28.3pp2.3%▲ 13.8pp-22.4%▼ 24.7pp-10.7%▲ 11.7pp
Equity€160,622-€189,490▲ 18.0%€208,430within the sector's middle half▲ 10.0%€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€211,368-€244,486▲ 15.7%€261,469within the sector's middle half▲ 6.9%€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€50,746-€54,996▲ 8.4%€53,039▼ 3.6%€50,537▼ 4.7%€52,815▲ 4.5%€53,089▲ 0.5%€50,269▼ 5.3%€45,429▼ 9.6%
Working capital€159,349-€184,473▲ 15.8%€205,285within the sector's middle half▲ 11.3%€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%
Solvency76.0%-77.5%▲ 1.5pp79.7%above the sector's middle half▲ 2.2pp81.2%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 ratio4.14-4.35▲ 0.214.87above the sector's middle half▲ 0.525.28above 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)4.3%-11.8%▲ 7.5pp7.2%within the sector's middle half▼ 4.6pp3.4%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)4.3-2.8▼ 34.9%3within the sector's middle half▲ 7.1%2.6within the sector's middle half▼ 13.3%
above within below the middle half of NACE 90, Arts creation and performing arts activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
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
2025 value · change against 2024
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 observation

Of the 12,322 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90.3% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.7% went bankrupt
8.6% stopped otherwise
90.3% still going

A further 0.5% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 12,322 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines

Source: Annual accounts 2025 at the NBB, filed with the National Bank on 30-06-2026.

Balance sheet Code20242025
Assets
Total assets20/58€241,180€223,837▼
Fixed assets21/28€6,873€5,473▼
Tangible fixed assets22/27€5,600€4,200▼
Plant, machinery and equipment23€5,600€4,200▼
Financial fixed assets28€1,273€1,273=
Current assets29/58€234,307€218,364▼
Amounts receivable within one year40/41€54,774€43,677▼
Trade receivables40€19,000€10,024▼
Other amounts receivable41€35,774€33,653▼
Cash at bank and in hand54/58€179,533€174,475▼
Deferred charges and accrued income490/1-€212
Equity and liabilities
Total equity and liabilities10/49€241,180€223,837▼
Equity10/15€190,911€178,408▼
Reserves13€154,666€154,666=
Profit (loss) carried forward14€36,245€23,742▼
Amounts payable17/49€50,269€45,429▼
Amounts payable within one year42/48€50,269€45,429▼
Trade debts44€23,036€9,597▼
Suppliers440/4€23,036€9,597▼
Taxes, remuneration and social security45€27,233€35,832▲
Taxes450/3€4,444€3,812▼
Remuneration and social security454/9€22,789€32,020▲
Income statement Code20242025
Turnover70€90,406€122,594▲
Membership fees, donations, legacies and grants73€243,057€247,402▲
Non-recurring operating income76A€3,205€1,611▼
Goods, raw materials, services and sundry goods60/61€170,397€195,768▲
Remuneration, social security and pensions62€174,978€177,355▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,610€1,400▼
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€6,656€30▼
Gross operating margin9900€166,971€171,095▲
Operating profit (loss)9901-€20,273-€13,135▲
Financial income75/76B€1,315€813▼
Recurring financial income75€1,315€813▼
Financial charges65/66B€118€181▲
Recurring financial charges65€118€181▲
Profit (loss) for the period before taxes9903-€19,076-€12,503▲
Profit (loss) for the period9904-€19,076-€12,503▲
Profit (loss) for the period to be appropriated9905-€19,076-€12,503▲
Appropriation of the result
Profit (loss) to be appropriated9906€36,245€23,742▼
Profit (loss) brought forward from the previous period14P€55,321€36,245▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are in the accounts filed with the National Bank.

Line20182019202020212022202320242025Change
Turnover70€110,694€75,660€41,695€56,250€81,502€111,746€90,406€122,594▲ 35.6%
Membership fees, donations, legacies and grants73---€228,683€237,803€238,004€243,057€247,402▲ 1.8%
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€1,872€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€183,118€185,577€158,494€169,202€169,103€181,401€166,971€171,095▲ 2.5%
Operating profit (loss)9901€9,373€28,901€19,254€9,420-€9,402€2,544-€20,273-€13,135▲ 35.2%
Financial income75/76B-----€437€1,315€813▼ 38.2%
Recurring financial income75€96€553€52--€437€1,315€813▼ 38.2%
Financial charges65/66B---€199€888€355€118€181▲ 53.4%
Recurring financial charges65€314€585€366€199€888€355€118€181▲ 53.4%
Profit (loss) for the period before taxes9903€9,155€28,869€18,940€9,221-€10,290€2,626-€19,076-€12,503▲ 34.5%
Profit (loss) for the period9904€9,053€28,868€18,940€9,221-€10,290€2,626-€19,076-€12,503▲ 34.5%
Profit (loss) for the period to be appropriated9905€9,053€28,868€18,940€9,221-€10,290€2,626-€19,076-€12,503▲ 34.5%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€211,368€244,486€261,469€268,188€260,176€263,076€241,180€223,837▼ 7.2%
Fixed assets21/28€1,273€5,017€3,145€1,273€1,273€5,483€6,873€5,473▼ 20.4%
Intangible fixed assets21-----€4,210---
Tangible fixed assets22/27-€3,744€1,872---€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€1,273€1,273€1,273=
Current assets29/58€210,095€239,469€258,324€266,915€258,903€257,593€234,307€218,364▼ 6.8%
Amounts receivable within one year40/41€38,852€39,502€44,279€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€171,243€199,867€214,045€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€211,368€244,486€261,469€268,188€260,176€263,076€241,180€223,837▼ 7.2%
Equity10/15€160,622€189,490€208,430€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€64,982€40,546€53,764€62,985€52,695€55,321€36,245€23,742▼ 34.5%
Amounts payable17/49€50,746€54,996€53,039€50,537€52,815€53,089€50,269€45,429▼ 9.6%
Amounts payable within one year42/48€50,746€54,996€53,039€50,537€52,815€53,089€50,269€45,429▼ 9.6%
Trade debts44€33,600€41,744€36,020€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%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€9,053€28,868€18,940€9,221-€10,290€2,626-€19,076-€12,503▲ 34.5%
+ Depreciation and write-downs630-€1,872€1,872€1,872-€4,210€5,610€1,400▼ 75.0%
Operating cash flow (approximation)€9,053€30,740€20,812€11,093-€10,290€6,836-€13,466-€11,103▲ 17.5%
Investment in fixed assets (approximation)--€5,616€0€0€0-€8,420-€7,000€0-
Change in cash-€28,624€14,178€7,429-€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.

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Latest 10 of 14 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 30-06-2026 2026-00233391 NBB
31-12-2024 micro format 17-07-2025 2025-00295994 PDF
31-12-2023 micro format 01-07-2024 2024-00201925 PDF
31-12-2022 micro format 07-09-2023 2023-00444947 PDF
31-12-2021 abbreviated format 23-08-2022 2022-20331425 PDF
31-12-2020 abbreviated format 18-07-2021 2021-37700526 PDF
31-12-2019 abbreviated format 26-05-2020 2020-14100420 PDF
31-12-2018 abbreviated format 14-05-2019 2019-13300221 PDF
31-12-2017 abbreviated format 01-06-2018 2018-16200339 PDF
31-12-2016 abbreviated format 05-07-2017 2017-27800278 PDF

Show all 14 filings

Similar companies · same sector, comparable size

Of the 3,383 active companies whose main activity is specialised image, lighting and sound technical services (NACE 90393), figures are known for 980. 752 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2022 to 2025 · 5 entries · €946,832 awarded · €922,706 paid
Year Entries AwardedPaid
2025 1 €242,966€241,330
2024 1 €237,276€235,698
2023 2 €232,648€234,449
2022 1 €233,942€211,229
Schemes
3 entries · €712,890 · €688,764 paid · Departement Cultuur, Jeugd en Media
2 entries · €233,942 · €233,942 paid · Departement Cultuur, Jeugd en Media

Wallonia-Brussels Federation

2023 · 1 entry · €1,756 in total

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.