Razor Reel
ActiveSummary
Razor Reel has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €40,449 and a net result of €2,009. Its solvency ranks better than 87% of 2,466 sector peers (NACE 90, financial year 2024). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 02-06-2006 Normal situation
- Activity
- Promotion and organisation of arts and performing arts events NACE 90391
- Financial year end
- 31 December
- Peppol
- Reachable since 25-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Turnover
- €30,366
- ▲ 7.3%
- Surplus
- €2,009
- Equity
- €40,449
- ▲ 5.2%
- Total assets
- €46,754
- ▼ 11.4%
- 2025 accounts not filed, 95 days past the deadline
Score breakdownraises riskCapped at 59: a confirmed filing findingFigures for financial year 2024 (filed on 29-08-2025)lowers riskLegal form: non-profit associationLiquidity: current ratio 6.91, cash €37,097Sector: Arts creation and performing arts activities (NACE 90)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 88% of them on solvency, 90% on liquidity, 62% on profitability and 56% on growth.
The bankruptcy probability was computed on 02-11-2026 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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Signals
The company filed its last 2 accounts on average 15 days after the deadline. In the sector (NACE 90), the median for financial year 2024 was 4 days before the deadline, and 38% of those companies filed late.
Searched, nothing found (1)
Key points
Recent changes
- · Gazette deed Registered office moved from Sint-Michjels to Sint-AndriesNew seat: Gistelse Steenweg 572, 8200 Sint-Andries · Previous seat: Sint-Arnolduslaan 47, 8200 Sint-Michjels · Appointments: Joke Ruysschaert (director) and Patrick Van Hauwaert (director)
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as Razor Reel: promotion and organisation of arts and performing arts events (NACE 90391). They are comparable in size and age: total assets between €40,000 and €60,500, founded between 2007 and 2010.
| Company | Total assets | Gross margin |
|---|---|---|
| Razor Reel Brugge | €46,754 | €5,799 |
| MIKE EVENT SERVICES Sint-Lambrechts-Woluwe | €45,032 | €8,715 |
| DR-ART Comines-Warneton | €56,915 | €5,462 |
| LICHTE CAVALERIE Brugge | €60,489 | €7,513 |
| VINTAGE CREW Antwerpen | €40,035 | €3,833 |
| ALIEN PRODUCTION Grâce-Hollogne | €45,063 | €7,063 |
| LOGARYTHME Brussel | €58,806 | €5,494 |
Key facts about Razor Reel
- What is the company number of Razor Reel?
- The company number of Razor Reel is 0881.647.153. The VAT number is the same number with BE in front: BE 0881.647.153.
- Where is Razor Reel based?
- The registered office is at Gistelse Steenweg 572, 8200 Brugge.Company details
- What does Razor Reel do?
- According to the KBO register, the main activity is promotion and organisation of arts and performing arts events (NACE 90391).
- What is the legal form of Razor Reel?
- The legal form of Razor Reel is Non-profit association (VZW).
- When was Razor Reel founded?
- Razor Reel was founded on 02-06-2006.
- Is Razor Reel still active?
- Yes, Razor Reel is an active enterprise in the KBO register.
- What is the turnover of Razor Reel?
- The turnover of Razor Reel was €30,366 in financial year 2024, according to the filed annual accounts.Financials
- Is Razor Reel profitable?
- In financial year 2024, Razor Reel made a profit of €2,009.
- Where can I find the annual accounts of Razor Reel?
- Razor Reel filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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