There There
ActiveThere There has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €13k and a net result of €5k. Equity is shrinking by ~23.2% per year across the filed fiscal years. Its solvency ranks better than 68% of 1983 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
85
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82▲+82
Solvency95▲+4
Growth55▲+14
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 6.81 against 2.63 in 2024; short-term debt: 14.3% and cash: 8.8% of total assets), and 30.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 90
Relative position
BE, all sectors
reference
Sector 90
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
69.5%
Return on assets
26.1%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 02-04-2026, 120 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
120 d early
2024
129 d early
2023
98 d early
2022
69 d early
2021
79 d early
2020
129 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€94k▲ 162%
2024 · €36k
2020: €27k
2022: €63k
2023: €54k
2024: €36k
2020 → 2025
EBIT margin
5.3%▲ 32.1pp
2024 · -26.8%
2020: 67.2%
2022: -13.8%
2023: -4.7%
2024: -26.8%
2020 → 2025
Net result
€5k
2024 · €-10k
2020: €18k
2021: €9k
2022: €-9k
2023: €-3k
2024: €-10k
2020 → 2025
Working capital
€16k▲ 83.0%
2024 · €9k
2020: €12k
2021: €26k
2022: €19k
2023: €19k
2024: €9k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€63k€54k▼ 14.9%€36k▼ 32.9%€94k▲ 162%
Equity€41k-€29k▼ 29.3%€23k▼ 20.1%€10k▼ 55.6%€13k▲ 27.5%
Operating result€9k-€-9k€-3k▲ 71.2%€-10k▼ 283%€5k
Net result€9k-€-9k€-3k▲ 71.0%€-10k▼ 279%€5k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €5k after a loss of €10k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €19k
Fixed assets
€500▼ 71.1%
Current assets
€18k▲ 32.9%
Equity and liabilities €19k
Equity
€13k▲ 27.5%
Debt
€6k▲ 9.2%
The debt ratio falls from 33.8% to 30.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€6k▲
2024 · €-5k
Cash flow
€6k▲
2024 · €-5k
Solvency
69.5%▲
2024 · 66.2%
Current ratio
6.81▲
2024 · 2.63
Quick ratio
6.81▲
2024 · 2.63
Debt / equity
0.44▼
2024 · 0.51
ROE
37.5%▲
2024 · -93.2%
ROA
26.1%▲
2024 · -61.7%
Interest coverage
152.39▲
2024 · -106.60
Debt
€6k▲
2024 · €5k
Debt ≤ 1 year
€3k▼
2024 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€16k€19k▲
Fixed assets21/28€2k€500▼
Tangible fixed assets22/27€1k-
Plant, machinery and equipment23€161-
Furniture and vehicles24€1k-
Financial fixed assets28€500€500=
Current assets29/58€14k€18k▲
Amounts receivable within one year40/41€11k€15k▲
Trade receivables40€10k€13k▲
Other amounts receivable41€1k€2k▲
Cash at bank and in hand54/58€2k€2k▼
Deferred charges and accrued income490/1€932€2k▲
Equity and liabilities
Total equity and liabilities10/49€16k€19k▲
Equity10/15€10k€13k▲
Profit (loss) carried forward14€8k€13k▲
Investment grants15€2k-
Amounts payable17/49€5k€6k▲
Amounts payable within one year42/48€5k€3k▼
Trade debts44€1k€3k▲
Suppliers440/4€1k€3k▲
Accrued charges and deferred income492/3-€3k
Income statement
Code20242025
Turnover70€36k€94k▲
Goods, raw materials, services and sundry goods60/61€56k€113k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€1k▼
Other operating charges640/8€445€55k▲
Gross operating margin9900€-5k€61k▲
Operating profit (loss)9901€-10k€5k▲
Financial income75/76B€47€0▼
Recurring financial income75€47€0▼
Financial charges65/66B€51€41▼
Recurring financial charges65€51€41▼
Profit (loss) for the period before taxes9903€-10k€5k▲
Income taxes67/77€8-
Profit (loss) for the period9904€-10k€5k▲
Profit (loss) for the period to be appropriated9905€-10k€5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€8k€13k▲
Profit (loss) brought forward from the previous period14P€18k€8k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €5k
Net result €5k after 3 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 6.81
Current ratio from 2.63 to 6.81; short-term debt falls from €5k to €3k.
24-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-10k
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
24-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
23-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity times 5current ratio 26.75
Current ratio from 5.34 to 26.75; short-term debt falls from €6k to €729.
13-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
24-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Leuven
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Platte Lostraat 4953010 LeuvenGround area
71 m²
Building footprint
83 m²
Volume, LiDAR
438 m³
Parcel 24483E0128/00G000, Flanders · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24483E0128/00G000 | Flanders | 71 m² | 1 · 83 m² | 10.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 6 entries · 128,132 EUR awarded · 127,882 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 66,200 EUR | 66,200 EUR |
| 2024 | 1 | -625 EUR | 15 EUR |
| 2023 | 1 | 3,200 EUR | 2,560 EUR |
| 2022 | 2 | 59,357 EUR | 59,107 EUR |
Schemes
Circuskunsten: Projectsubsidie voor de creatie en spreiding van een circuskunstproductie (Circusdecreet 2019)
Circuskunsten: Tussenkomst in de reiskosten voor deelname aan een buitenlands initiatief (Circusdecreet 2019)
Similar companies · same sector, comparable size
Sonmotion
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Roof 'n Records
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Tik Tak Claires
BE 0502.799.993
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Of 8,303 companies in sector 90201 we hold annual accounts for 601. 378 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formNon-profit association
Founded19-03-2014
Fiscal year end31-12
Activities, NACEBEL
90201Performing arts by independent artists
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.