Toestand
ActiveSummary
Toestand has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €216,944 and a net result of €19,842. Equity has been stable since 2020 (±0.2% per year). Its solvency ranks better than 61% of 298 sector peers (NACE 90, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 30-05-2012 Normal situation
- Activity
- Promotion and organisation of arts and performing arts events NACE 90391
- Establishment unit
- 2.224.414.589 1000 Brussel, since 01-01-2014
- Financial year end
- 31 December
- Peppol
- Reachable since 24-11-2023
Board and ownership
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Turnover
- €346,734
- ▲ 14.3%
- Surplus
- €19,842
- Equity
- €216,944
- ▲ 10.1%
- Total assets
- €398,955
- ▲ 31.3%
- Staff
- 15.1 FTE
- ▲ 6.3%
Score breakdownraises riskSize: turnover €346,734, 15.1 FTE, total assets €398,955lowers riskLegal form: non-profit associationLiquidity: current ratio 2.71, cash €120,289Equity €216,944 (54.4% of total assets)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, small). It does better than 66% of them on solvency, 59% on liquidity, 42% on profitability and 66% on growth.
The bankruptcy probability was computed on 01-11-2026 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 7 accounts on average 67 days before 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 (2)
Key points
Recent changes
- · Gazette deed Resignations: Frederik Lamote, Céline Gaza and Dilay SamanliAppointments: Josef Terlaeken (director) and Martha Balthazar (director)
- · Gazette deed Registered office moved to BrusselAppointments: Felix Aerts, Fred De Ryck and 4 others
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as Toestand: promotion and organisation of arts and performing arts events (NACE 90391). They are comparable in size and age: total assets between €351,000 and €678,000, founded between 2005 and 2014.
| Company | Total assets | Gross margin |
|---|---|---|
| Toestand Brussel | €0.4m | €1.0m |
| Brussels Centrum voor Mode en Design / Centre Bruxellois de la Mode et du Design Brussel | €0.4m | €1.1m |
| Cultureghem VZW Anderlecht | €0.6m | €0.8m |
| FUTURE MEDIA Waasmunster | €0.6m | €0.7m |
| KUNSTENSTEUNPUNT Brussel | €0.7m | €1.7m |
| Station2Station Liège | €0.4m | €1.0m |
| NÄKAMA PRODUCTIONS Antwerpen | €0.6m | €1.5m |
Key facts about Toestand
- What is the company number of Toestand?
- The company number of Toestand is 0846.221.169. The VAT number is the same number with BE in front: BE 0846.221.169.
- Where is Toestand based?
- The registered office is at Olivetenhof 2-4, 1000 Brussel.Company details
- What does Toestand 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 Toestand?
- The legal form of Toestand is Non-profit association (VZW).
- When was Toestand founded?
- Toestand was founded on 30-05-2012.
- Is Toestand still active?
- Yes, Toestand is an active enterprise in the KBO register.
- How many employees does Toestand have?
- Toestand had an average of 15.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of Toestand?
- The turnover of Toestand was €346,734 in financial year 2025, according to the filed annual accounts.
- Is Toestand profitable?
- In financial year 2025, Toestand made a profit of €19,842.
- Where can I find the annual accounts of Toestand?
- Toestand filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Toestand due?
- Toestand must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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