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Smalldelay

Active
Non-profit associationfounded 201511 years activeEricastraat 23, 2440 Geel, BelgiumKBO/BCE: BE 0598.838.705
Summary

Smalldelay has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1,583 and a net result of €2,744. Its solvency ranks better than 95% of 2,404 sector peers (NACE 90, fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Overview

Activity
Performing arts by artistic ensembles
NACE 90202
Size
€1,629total assets 2025
Equity
€1,583
Profit
€2,744
Turnover not published (abridged schema)
Financial health
99 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Accounts 16 days early0 of 2 deeds read
Why 99+ Legal form Non-profit association+ Liquidity: current ratio 35.36, cash €975+ Sector Arts creation and performing arts activities (NACE 90)+ Equity €1,583 (97.2% of total assets)Show the evidence

Checked score

Score 2025
99 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 92% of its sector peers (NACE 90, micro)
Financial strength
Strong
Solvency 100
equity 97.2% of total assets
Liquidity 100
short-term debt 2.8% · cash 59.9%
Profitability 100
return on assets 168.4%
Bankruptcy probability, 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 0.1% (3,410 companies)
Last 24 months 11-2024: < 0.1%highest value 12-2024: < 0.1%● unchanged vs 11-2024highest value 01-2025: < 0.1%● unchanged vs 12-2024highest value 02-2025: < 0.1%● unchanged vs 01-2025highest value 03-2025: < 0.1%● unchanged vs 02-2025highest value 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 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 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026lowest value
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 88% on solvency, 96% on liquidity and 91% on profitability.

The bankruptcy probability was computed on 07-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk○neutral
lowers risk · Legal form Non-profit association
KBO
lowers risk · Liquidity: current ratio 35.36, cash €975
NBB · annual accounts
lowers risk · Sector Arts creation and performing arts activities (NACE 90)
KBO
lowers risk · Equity €1,583 (97.2% of total assets)
NBB · annual accounts
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 15-07-2026, 16 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
16 days early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…

Financials · fiscal year 2025, micro schema

Equity
€1,583
Total assets
€1,629
Net result
€2,744
Working capital
€1,583

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Equity and liabilities €1,629
Equity €1,583
Debt €46
Debt finances 2.8% of the balance-sheet total.
Key figures and ratios
2025 value
Debt ≤ 1 year
€46
Income taxes
€0
Ratios withheld: a balance sheet total of €1,629 is too small for a meaningful ratio.

Peer companies

Historical observation

Of the 34,695 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
3.9% stopped otherwise
95% still going

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 497,471 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% 1.0%
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% 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 34,695 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 · 25 lines
Balance sheet Code2025
Assets
Total assets20/58€1,629
Current assets29/58€1,629
Amounts receivable within one year40/41€424
Trade receivables40€424
Cash at bank and in hand54/58€975
Deferred charges and accrued income490/1€230
Equity and liabilities
Total equity and liabilities10/49€1,629
Equity10/15€1,583
Profit (loss) carried forward14€1,583
Amounts payable17/49€46
Amounts payable within one year42/48€46
Accrued charges and deferred income492/3€0
Income statement Code2025
Gross operating margin9900€525
Operating profit (loss)9901€525
Financial income75/76B€2,553
Recurring financial income75€2,553
Financial charges65/66B€333
Recurring financial charges65€57
Non-recurring financial charges66B€276
Profit (loss) for the period before taxes9903€2,744
Income taxes67/77€0
Profit (loss) for the period9904€2,744
Profit (loss) for the period to be appropriated9905€2,744
Appropriation of the result
Profit (loss) to be appropriated9906€1,583
Profit (loss) brought forward from the previous period14P-€1,161

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Gross operating margin9900€525
Operating profit (loss)9901€525
Financial income75/76B€2,553
Recurring financial income75€2,553
Financial charges65/66B€333
Recurring financial charges65€57
Non-recurring financial charges66B€276
Profit (loss) for the period before taxes9903€2,744
Income taxes67/77€0
Profit (loss) for the period9904€2,744
Profit (loss) for the period to be appropriated9905€2,744
Line2025
Assets
Total assets20/58€1,629
Current assets29/58€1,629
Amounts receivable within one year40/41€424
Trade receivables40€424
Cash at bank and in hand54/58€975
Deferred charges and accrued income490/1€230
Equity and liabilities
Total equity and liabilities10/49€1,629
Equity10/15€1,583
Profit (loss) carried forward14€1,583
Amounts payable17/49€46
Amounts payable within one year42/48€46
Accrued charges and deferred income492/3€0
Line2025
Profit (loss) for the period9904€2,744
Operating cash flow (approximation)€2,744

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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Directors

Directors
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

Smalldelay was incorporated on 20 February 2015.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

Acts, filings and financial milestones

2026
15-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formNon-profit association
Founded20-02-2015
Fiscal year end31-12
Activities, NACEBEL 2025
90202Performing arts by artistic ensembles
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 7 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Sites & property

Location & real-estate footprint
Registered office, Geel
exact location from the address register On OpenStreetMap
Ground area
1,902 m²
Building footprint
315 m²
Volume, LiDAR
981 m³
Parcel 13372A0951/00Y024, Flanders · tallest building 9.1 m, ±1 floor. Linked by address, not a title deed.
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13372A0951/00Y024 Flanders 1,902 m² 1 · 315 m² 9.1 m · 1 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.