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QUIZARD

Active
Non-profit associationfounded 2024active for 1 yearNoordstraat 9, 2800 Mechelen, BelgiumKBO/BCE: BE 1016.156.162
Summary

QUIZARD has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4,244 and a net result of €4,244. Its solvency ranks better than 35% of 1,864 sector peers (NACE 59, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Overview

Official details

Source: KBO
Status
Active since 13-11-2024 Normal situation
Activity
Sound recording NACE 59201and 5 others
Establishment unit
2.367.210.863 2800 Mechelen, since 14-12-2024
Financial year end
31 December
Peppol
Reachable since 24-04-2025

Board and ownership

Board

Financial position

95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€46,824
Turnover
≈ €190,000
estimated
Surplus
€4,244
Equity
€4,244
Total assets
€14,097
Staff
≈ 1.3 FTE
estimated
  • 2025 accounts filed 56 days after the deadline
Score breakdownraises riskLast filed accounts filed 56 days late; 1 of the last 3 accounts latelowers riskLegal form: non-profit associationSector: Motion picture, video and television programme production, sound recording and music publishing activities (NACE 59)Liquidity: current ratio 1.38, cash €7,275Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 62% of micro companies in film, video and music (NACE 59)
Financial strength
Strong
Solvency 55
equity 30.1% of total assets
Liquidity 63
short-term debt 69.9% · cash 51.6%
Profitability 100
return on assets 30.1%
Bankruptcy probability within 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).

Sector median 0.3% (2,572 companies, NACE 59, micro)
Last 24 months 12-2025: 0.1% 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026highest value 07-2026: 0.1%● unchanged vs 06-2026highest value 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: < 0.1%▼ -0.1 percentage points vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value
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 59, micro). It does better than 39% of them on solvency, 57% on liquidity and 92% on profitability.

The bankruptcy probability was computed on 03-11-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
lowers risk · Legal form: non-profit association
KBO
lowers risk · Sector: Motion picture, video and television programme production, sound recording and music publishing activities (NACE 59)
KBO
lowers risk · Liquidity: current ratio 1.38, cash €7,275
NBB · annual accounts
raises risk · Last filed accounts filed 56 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Young company
Founded in 2024, a year ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 years
raises risk · 2025 accounts filed 56 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-09-2026, 56 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2025
56 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Financials

Financials · financial year 2025, micro format

2025 annual accounts filed 56 days after the deadline Filed on 25 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00532935.

Annual accounts 2025 filed on 25-09-2026 at the NBB

Turnover
≈ €190,000
Estimated: probably between €110,000 and €340,000
Total assets
€14,097
Net result
€4,244
Working capital
€3,701

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €14,097
Fixed assets €543
Current assets €13,555
Equity and liabilities €14,097
Equity €4,244
Debt €9,853
Debt's share of the balance-sheet total is 69.9%.
Key figures and ratios
2025 value
EBITDA
€4,379
Cash flow
€4,247
Current ratio
1.38
Debt to equity
2.32
ROE
100.0%
ROA
30.1%
Interest coverage
23.62
Debt ≤ 1 year
€9,853
Staff costs
€42,445

Investments

fixed assets acquired
Item2025
Tangible fixed assets€545
Depreciation and write-downs of the year€2

Source: notes to the 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 30 lines
Balance sheet Code2025
Assets
Total assets20/58€14,097
Fixed assets21/28€543
Tangible fixed assets22/27€543
Plant, machinery and equipment23€543
Current assets29/58€13,555
Amounts receivable within one year40/41€6,279
Trade receivables40€6,279
Cash at bank and in hand54/58€7,275
Equity and liabilities
Total equity and liabilities10/49€14,097
Equity10/15€4,244
Profit (loss) carried forward14€4,244
Amounts payable17/49€9,853
Amounts payable within one year42/48€9,853
Trade debts44€5,812
Suppliers440/4€5,812
Taxes, remuneration and social security45€4,042
Taxes450/3€2,308
Remuneration and social security454/9€1,734
Income statement Code2025
Remuneration, social security and pensions62€42,445
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2
Gross operating margin9900€46,824
Operating profit (loss)9901€4,377
Financial income75/76B€53
Recurring financial income75€53
Financial charges65/66B€185
Recurring financial charges65€185
Profit (loss) for the period before taxes9903€4,244
Profit (loss) for the period9904€4,244
Profit (loss) for the period to be appropriated9905€4,244
Appropriation of the result
Profit (loss) to be appropriated9906€4,244

The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 25-09-2026.

Line2025
Remuneration, social security and pensions62€42,445
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2
Gross operating margin9900€46,824
Operating profit (loss)9901€4,377
Financial income75/76B€53
Recurring financial income75€53
Financial charges65/66B€185
Recurring financial charges65€185
Profit (loss) for the period before taxes9903€4,244
Profit (loss) for the period9904€4,244
Profit (loss) for the period to be appropriated9905€4,244
Line2025
Assets
Total assets20/58€14,097
Fixed assets21/28€543
Tangible fixed assets22/27€543
Plant, machinery and equipment23€543
Current assets29/58€13,555
Amounts receivable within one year40/41€6,279
Trade receivables40€6,279
Cash at bank and in hand54/58€7,275
Equity and liabilities
Total equity and liabilities10/49€14,097
Equity10/15€4,244
Profit (loss) carried forward14€4,244
Amounts payable17/49€9,853
Amounts payable within one year42/48€9,853
Trade debts44€5,812
Suppliers440/4€5,812
Taxes, remuneration and social security45€4,042
Taxes450/3€2,308
Remuneration and social security454/9€1,734
Line2025
Profit (loss) for the period9904€4,244
+ Depreciation and write-downs630€2
Operating cash flow (approximation)€4,247

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 11,279 companies had the same profile as QUIZARD has now. Two years later, 96.6% were still going and 0.7% had gone bankrupt.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
96.6% was still going
2.6% stopped otherwise
0.7% went bankrupt

That fits the bankruptcy probability of QUIZARD itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,446 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.

The companies in ten equal groups, from the lowest to the 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%

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 11,279 companies, not a prediction for QUIZARD. 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.

Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2025 micro format 25-09-2026 2026-00532935 PDF

Board & ownership

Directors

Directors
2 directors, no change since 2024
An Van Hassel
Director · appointed in the act of 18-11-2024
Current
Sam Coussens
Director · appointed in the act of 18-11-2024
Current
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Artikel 15 : Benoeming van de bestuurders Worden benoemd tot bestuurder : • An Van Hassel , Noordstraat 9, 2800 Mechelen • Sam Coussens…”
deed of 18-11-2024

Owners and capital

Shareholders

At incorporation act of 18-11-2024 ↗

Mandate history

2 people, 2 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
An Van Hassel
  • Director, appointed in the act of 18-11-2024, still in office
Sam Coussens
  • Director, appointed in the act of 18-11-2024, still in office
See the board, name and registered office on a given date →

Articles of association

Membership ruleThe articles set who can become a member or partner, and on what terms.
“2, effectieve leden”
“Elke natuurlijke persoon of rechtspersoon, meerderheid aanwezigen of vertegenwoordigden”

Articles of association, deed of 18-11-2024 (in Dutch)

Network & group

QUIZARD shares no director with another company.

Companies at the same address

2 other companies

Connections & network

2 current directors
Depth

The network starts from the directors of QUIZARD. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

2026
25-09
NBB filing Annual accounts 2025 filedNBB
micro format · 56 days late
2024
18-11
Gazette deed Incorporation
Appointments: An Van Hassel (director) and Sam Coussens (director) · Founder6 points ▸
  • Incorporation, “Wetboek van Vennootschappen en Verenigingen” (deed in Dutch)
  • Founder, An Van Hassel
  • Founder, Sam Coussens
  • Director appointment, An Van Hassel (director)
  • Director appointment, Sam Coussens (director)
  • Other provision, “an@brainspotting.be, contactgegevens” (deed in Dutch)

Open the act in the Belgian Official Gazette

Gazette deedNBB filing

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

Company details

Register details

Identity

KBO record
Name QUIZARD in Dutch
Enterprise number 1016.156.162
Legal form Non-profit association
Status Active, normale toestand
Founded 13-11-2024
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 18-11-2024 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest, Noordstraat 9, 2800 Mechelen”
deed of 18-11-2024 (in Dutch)

Registered office and establishments

Registered office Noordstraat 9, 2800 Mechelen, Belgium
Establishment unit QUIZARD, Noordstraat 9, 2800 Mechelen since 14-12-2024 · unit number 2.367.210.863
E-mail an@brainspotting.be

Activities

NACEBEL 2025
VAT activities
59201 Sound recording main activity
59202 Motion picture, video and television programme production, sound recording and music publishing activities
85520 Cultural education
90120 Visual arts creation
90201 Performing arts by independent artists
90202 Performing arts by artistic ensembles
Social security (RSZ) activities
90202 Performing arts by artistic ensembles main activity
Codes under NACEBEL 2008
VAT activities
59201 Sound recording main activity
59202 Motion picture, video and television programme production, sound recording and music publishing activities
85520 Cultural education
90011 Arts creation and performing arts activities
90012 Arts creation and performing arts activities
90032 Arts creation and performing arts activities
Social security (RSZ) activities
90012 Arts creation and performing arts activities main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“De vereniging heeft tot doel alle culturele activiteiten en producten die ze interessant acht zowel administratief te ondersteunen als te…”
15 activities
  1. De vereniging heeft tot doel alle culturele activiteiten en producten die ze interessant acht zowel administratief te ondersteunen als te promoten, bekend te maken en te verspreiden in binnen- en buitenland.
  2. Zij kan activiteiten opzetten die tot doel hebben zowel het grote publiek vertrouwder te maken met hedendaagse kunst en cultuur, als het samenbrengen van een gespecialiseerd publiek, binnen België zowel als in het buitenland, ter bevordering van een culturele informatie-uitwisseling en uitstraling.
  3. Zo stelt zij zich eveneens tot doel muzikale en audiovisuele werken te componeren, uit te voeren, op te nemen, te produceren, te promoten, te verspreiden en te exploiteren.
  4. Daartoe kan zij evenementen, optredens, fuiven en activiteiten van allerlei aard organiseren en mede-organiseren.
  5. Zij kan eveneens optreden als uitgever van literaire, muzikale en audiovisuele werken.
  6. Zij kan deze handelingen stellen in alle genres en disciplines zoals theater, muziek, audiovisuele kunsten, dans, letterkunde, plastische kunsten, gastronomie en alle andere activiteiten en producten in verband daarmee.
  7. Zij kan daartoe alle activiteiten ondernemen die het doel kunnen bevorderen.
  8. Zij is bevoegd om handelsdaden te stellen voor zover deze in overeenstemming zijn met het doel omschreven in het eerste lid en voor zover de winst gebruikt wordt om dit doel te bereiken.
  9. Zij kan alle roerende en onroerende goederen die zij voor het verwezenlijken van haar doel nodig heeft, bezitten of verkrijgen en er alle eigendomsrechten en andere zakelijke rechten op uitoefenen.
  10. Zij kan daartoe alle nuttige rechtshandelingen en daden stellen, en onder meer overeenkomsten sluiten, personeel aanwerven, contracten ondertekenen, verzekeringspolissen afsluiten, goederen in huur nemen, dit alles zowel in binnen- als in buitenland.
  11. Zij kan subsidies verwerven, zowel van de overheid als van private instellingen, aan sponsoring doen en vertegenwoordigers uitzenden in binnen- en buitenland en zelf als vertegenwoordiger optreden.
  12. Daarnaast kan de VZW alle activiteiten ontplooien die rechtstreeks of onrechtstreeks bijdragen tot de verwezenlijking van haar voorwerp, met inbegrip van commerciële en winstgevende activiteiten waarvan de opbrengsten altijd volledig zullen worden bestemd voor de verwezenlijking van haar voorwerp.
  13. Zij heeft in het algemeen de volle rechtsbekwaamheid om alle handelingen en verrichtingen te voltrekken die een rechtstreekse of onrechtstreeks verband houden met haar voorwerp of welke van die aard zouden zijn dat zij de verwezenlijking van dit voorwerp, rechtstreeks of onrechtstreeks, geheel of ten dele vergemakkelijken.
  14. Zij mag rechtstreeks noch onrechtstreeks enig vermogensvoordeel uitkeren of bezorgen aan de oprichters, de leden, de bestuurders of enig andere persoon behalve voor het in de statuten bepaald belangeloos doel.
  15. Elke verrichting in strijd met dit verbod is nietig.
deed of 18-11-2024 (in Dutch)

Invoicing and payment

VAT number BE 1016.156.162
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:1016156162
Other Peppol ID 9925:BE1016156162
Registered 24-04-2025

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 4 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
In December
deed of 18-11-2024 (in Dutch)

Sites & property

Location
registered office establishment The establishment unit on the map
3 companies at this address See who is registered here

Buildings and parcels at the address

Ground area
581 m²
Building footprint
202 m²
Building volume
894 m³
Cadastral parcel Region Area Buildings Height / floors
12402B0400/00L000 Flanders 581 m² 1 · 202 m² 6.8 m · 2