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Théâtre Exploitation

Active
Private limited companyfounded 2019active for 7 yearsRue de l'Aérodrome 18, 4140 Sprimont, Belgium18 active companies are registered at this addressKBO/BCE: BE 0721.553.108
Summary

The computed 12-month bankruptcy probability of Théâtre Exploitation is 4.0% (moderate). The 2024 annual accounts show equity of €656,106 and a net result of €170,223. Equity is growing by about 27% per year across the filed financial years. Its solvency ranks better than 60% of 6,487 sector peers (NACE 47, financial year 2024). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.

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Théâtre ExploitationActiveChecked score 50/100
Risk analysis ReportCompare

Overview

Activity
Retail sale of bread and pastry (bakery outlets)
NACE 47241
4th fastest staff growth in Sprimont4 sites
Size
≈ €7.1mturnover 2024, estimated
Staff
28.3 FTE
Equity
€656,106
Profit
€170,223
Turnover estimated from the gross margin
Financial health
50 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
4.0%
Structure
2025 accounts not filed, 89 days past the deadline2 of 3 deeds summarised
Why 50raises riskFigures for financial year 2024 (filed 08-11-2025)1 financial year not filed after the legal deadline; last filed accounts filed 98 days late; 2 of the last 3 lateFounded in 2019lowers riskEquity €656,106 (41.5% of total assets)Show the evidence

Checked score

Score 2024
50 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 64% of its sector peers (NACE 47, small)
Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Strong
Solvency 67+3
equity 41.5% of total assets
Liquidity 43-13
short-term debt 47.4% · cash 13.1%
Profitability 82-3
return on assets 10.8%
Bankruptcy probability, 12 months
4.0% Moderate
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (3,693 companies, NACE 47, small)
Last 24 months 11-2024: 0.8% 12-2024: 0.8%● unchanged vs 11-2024 01-2025: 0.8%● unchanged vs 12-2024 02-2025: 0.8%● unchanged vs 01-2025 03-2025: 0.8%● unchanged vs 02-2025 04-2025: 0.8%● unchanged vs 03-2025 05-2025: 0.8%● unchanged vs 04-2025 06-2025: 0.7%▼ -0.1 percentage points vs 05-2025lowest value 07-2025: 0.8%▲ +0.1 percentage points vs 06-2025 08-2025: 1.3%▲ +0.5 percentage points vs 07-2025 09-2025: 1.5%▲ +0.2 percentage points vs 08-2025 10-2025: 2.5%▲ +1.0 percentage point vs 09-2025 11-2025: 2.6%▲ +0.1 percentage points vs 10-2025 12-2025: 1.5%▼ -1.1 percentage points vs 11-2025 01-2026: 1.5%● unchanged vs 12-2025 02-2026: 1.5%● unchanged vs 01-2026 03-2026: 1.5%● unchanged vs 02-2026 04-2026: 1.5%● unchanged vs 03-2026 05-2026: 1.5%● unchanged vs 04-2026 06-2026: 1.4%▼ -0.1 percentage points vs 05-2026 07-2026: 1.7%▲ +0.3 percentage points vs 06-2026 08-2026: 2.4%▲ +0.7 percentage points vs 07-2026 09-2026: 2.6%▲ +0.2 percentage points vs 08-2026 10-2026: 4.0%▲ +1.4 percentage points vs 09-2026highest value
Credit of up to €30,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity tight (current ratio 1.1, compared with 1.09 in 2023, below the usual 1.5; short-term debt: 47.4% and cash: 13.1% of total assets), and 58.5% of the assets are financed with debt and provisions.
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 47, small): better than 63% on solvency, 49% on liquidity, 82% on profitability and 63% on growth.

The bankruptcy probability was computed on 27-10-2026 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

Six signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed 08-11-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 98 days late; 2 of the last 3 late
NBB · filings
raises risk · Founded in 2019
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Equity €656,106 (41.5% of total assets)
NBB · annual accounts
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 89 days later.
NBB · 6 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline28-10-2026 today
raises risk · 2024 accounts filed 98 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-11-2025, 98 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 6 filings
Deviation from the deadline
2025
not filed
2024
98 days late
2023
31 days late
2022
29 days late
2021
25 days early
2020
27 days late
2019
153 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 52 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · full…
  2. Resignation: DESTINE André (director)Appointment: DESTINE Bastien (director) ·…
  3. Annual accounts filedfinancial year 2023 · full…

Key points

  • Caution: 2025 accounts not fileddeadline was 31-07-2026 89 days past the deadline View
  • Positive: 4th fastest staff growth in Sprimontin the Checked rankings No. 4 View
  • Positive: 6 profitable years in a rowprofit 2024: €170,223 6 years View

By topic

Financials

Financial year
2024
Total assets
€1.6m
Profit
€170,223
Solvency
41.5%
Total assets▲ 2.4%
Net result
20192024
Go to Financials

Timeline

Events
12
Since
2020
  1. 28-11-2023Reappointment: DESTINÉ André Adèle Raymond (director)
  2. 29-08-2023Annual accounts filed
  3. 31-12-2022Equity above €500,000
Go to Timeline

Company details

Sites
4
Legal form
Private limited company
Activity
Retail sale of bread and pastry (bakery outlets)NACE 47241
Founded
26-02-2019
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
24
Purpose
“Activité de boulangerie-pâtisserie-sandwicherie : production et fabrication L'exploitation…” (deed in French)
Go to Articles of association

Key facts about Théâtre Exploitation

What is the company number of Théâtre Exploitation?
0721.553.108. In Belgium the VAT number is the company number with BE in front: BE 0721.553.108.
Where is Théâtre Exploitation based?
The registered office is at Rue de l'Aérodrome 18, 4140 Sprimont.Company details
What does Théâtre Exploitation do?
According to the KBO register, the main activity is retail sale of bread and pastry (bakery outlets) (NACE 47241).
What is the legal form of Théâtre Exploitation?
Private limited company (BV).
When was Théâtre Exploitation founded?
On 26-02-2019.
Is Théâtre Exploitation still active?
Yes, Théâtre Exploitation is an active enterprise in the KBO register.
How many employees does Théâtre Exploitation have?
On average 28.3 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of Théâtre Exploitation?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is Théâtre Exploitation profitable?
In financial year 2024, Théâtre Exploitation made a profit of €170,223.
Where can I find the annual accounts of Théâtre Exploitation?
Théâtre Exploitation filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark

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