URBANA
ActiveSummary
The annual accounts of URBANA for fiscal year 2025 show a net loss of 118% of total assets and of 61% of the equity at the start of that year. The 2025 annual accounts show equity of €53k and a net result of €-83k. Equity is shrinking by ~18.2% per year across the filed fiscal years. Its solvency ranks better than 74% of 2003 sector peers (fiscal year 2025). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
59
/ 100
Fair
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-5
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 3.51 against 5.92 in 2024; short-term debt: 24.1% and cash: 29.4% of total assets), and 24.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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
Arts creation and performing arts activities (NACE 90)
about 58% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
75.4%
Return on assets
-117.8%
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
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
22232425
2022 to 2025 · latest year €-83k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
28 d late
2024
60 d late
2023
57 d late
2022
70 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€53k▼ 61.0%
2024 · €136k
2022: €159khighest in 4 years
2023: €154k▼ -3.4% vs 2022
2024: €136k▼ -11.4% vs 2023
2025: €53k▼ -61.0% vs 2024lowest in 4 years
2022 → 2025
Total assets
€70k▼ 56.3%
2024 · €161k
2022: €213khighest in 4 years
2023: €178k▼ -16.3% vs 2022
2024: €161k▼ -9.5% vs 2023
2025: €70k▼ -56.3% vs 2024lowest in 4 years
2022 → 2025
Net result
€-83k▼ 374%
2024 · €-18k
2022: €4khighest in 4 years
2023: €-5k▼ -240% vs 2022
2024: €-18k▼ -220% vs 2023
2025: €-83k▼ -374% vs 2024lowest in 4 years
2022 → 2025
Working capital
€43k▼ 62.9%
2024 · €115k
2022: €124k
2023: €138k▲ +11.2% vs 2022highest in 4 years
2024: €115k▼ -16.9% vs 2023
2025: €43k▼ -62.9% vs 2024lowest in 4 years
2022 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€159k-€154k▼ 3.4%€136k▼ 11.4%€53k▼ 61.0%
2022: €159khighest in 4 years
2023: €154k▼ -3.4% vs 2022
2024: €136k▼ -11.4% vs 2023
2025: €53k▼ -61.0% vs 2024lowest in 4 years
Operating result€1k-€-7k€-15k▼ 103%€-84k▼ 468%
2022: €1khighest in 4 years
2023: €-7k▼ -599% vs 2022
2024: €-15k▼ -103% vs 2023
2025: €-84k▼ -468% vs 2024lowest in 4 years
Net result€4k-€-5k€-18k▼ 220%€-83k▼ 374%
2022: €4khighest in 4 years
2023: €-5k▼ -240% vs 2022
2024: €-18k▼ -220% vs 2023
2025: €-83k▼ -374% vs 2024lowest in 4 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €84k in 2025 against €15k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €70k
Fixed assets
€11k ▼ 52.6%
Current assets
€60k ▼ 56.9%
Equity and liabilities €70k
Equity
€53k ▼ 61.0%
Debt
€17k ▼ 30.9%
Debt's share of the balance-sheet total rises from 15.5% to 24.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-76k▼
2024 · €-7k
Cash flow
€-76k▼
2024 · €-10k
Current ratio
3.51▼
2024 · 5.92
Quick ratio
3.12▼
2024 · 5.61
Debt to equity
0.33▲
2024 · 0.18
ROE
-156.2%▼
2024 · -12.8%
ROA
-117.8%▼
2024 · -10.9%
Interest coverage
-216.22▼
2024 · -1.48
Debt ≤ 1 year
€17k▼
2024 · €23k
Staff costs
€45k▼
2024 · €53k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines
Balance sheet
Code20242025
Assets
Total assets20/58€161k€70k▼
Fixed assets21/28€23k€11k▼
Tangible fixed assets22/27€13k€6k▼
Furniture and vehicles24€13k€6k▼
Financial fixed assets28€10k€5k▼
Current assets29/58€138k€60k▼
Stocks and contracts in progress3€7k€7k▼
Stocks30/36€7k€7k▼
Amounts receivable within one year40/41€95k€31k▼
Trade receivables40€65k€19k▼
Other amounts receivable41€30k€13k▼
Cash at bank and in hand54/58€36k€21k▼
Deferred charges and accrued income490/1€365€823▲
Equity and liabilities
Total equity and liabilities10/49€161k€70k▼
Equity10/15€136k€53k▼
Profit (loss) carried forward14€136k€53k▼
Amounts payable17/49€25k€17k▼
Amounts payable within one year42/48€23k€17k▼
Trade debts44€4k€4k▼
Suppliers440/4€4k€4k▼
Taxes, remuneration and social security45€19k€13k▼
Taxes450/3€6k€2k▼
Remuneration and social security454/9€14k€11k▼
Accrued charges and deferred income492/3€2k€322▼
Income statement
Code20242025
Remuneration, social security and pensions62€53k€45k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€7k▼
Other operating charges640/8€6k€911▼
Gross operating margin9900€52k€-31k▼
Operating profit (loss)9901€-15k€-84k▼
Financial income75/76B€2k€854▼
Recurring financial income75€2k€854▼
Financial charges65/66B€5k€352▼
Recurring financial charges65€5k€352▼
Profit (loss) for the period before taxes9903€-18k€-83k▼
Profit (loss) for the period9904€-18k€-83k▼
Profit (loss) for the period to be appropriated9905€-18k€-83k▼
Appropriation of the result
Profit (loss) to be appropriated9906€136k€53k▼
Profit (loss) brought forward from the previous period14P€154k€136k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | €948 | - | - | - | - |
| Remuneration, social security and pensions62 | €149k | €59k | €53k | €45k | ▼ 16.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8k | €8k | €8k | €7k | ▼ 7.2% |
| Other operating charges640/8 | €3k | €2k | €6k | €911 | ▼ 84.5% |
| Non-recurring operating charges66A | - | €100 | - | - | - |
| Gross operating margin9900 | €162k | €62k | €52k | €-31k | ▼ 159% |
| Operating profit (loss)9901 | €1k | €-7k | €-15k | €-84k | ▼ 468% |
| Financial income75/76B | €4k | €2k | €2k | €854 | ▼ 52.6% |
| Recurring financial income75 | €4k | €2k | €2k | €854 | ▼ 52.6% |
| Financial charges65/66B | €1k | €-62 | €5k | €352 | ▼ 92.3% |
| Recurring financial charges65 | €1k | €-62 | €5k | €352 | ▼ 92.3% |
| Profit (loss) for the period before taxes9903 | €4k | €-5k | €-18k | €-83k | ▼ 374% |
| Profit (loss) for the period9904 | €4k | €-5k | €-18k | €-83k | ▼ 374% |
| Profit (loss) for the period to be appropriated9905 | €4k | €-5k | €-18k | €-83k | ▼ 374% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €213k | €178k | €161k | €70k | ▼ 56.3% |
| Fixed assets21/28 | €35k | €28k | €23k | €11k | ▼ 52.6% |
| Tangible fixed assets22/27 | €29k | €21k | €13k | €6k | ▼ 56.9% |
| Furniture and vehicles24 | €29k | €21k | €13k | €6k | ▼ 56.9% |
| Financial fixed assets28 | €7k | €8k | €10k | €5k | ▼ 47.1% |
| Current assets29/58 | €177k | €150k | €138k | €60k | ▼ 56.9% |
| Stocks and contracts in progress3 | €5k | €6k | €7k | €7k | ▼ 6.2% |
| Stocks30/36 | €5k | €6k | €7k | €7k | ▼ 6.2% |
| Amounts receivable within one year40/41 | €109k | €80k | €95k | €31k | ▼ 66.9% |
| Trade receivables40 | €74k | €42k | €65k | €19k | ▼ 71.7% |
| Other amounts receivable41 | €36k | €38k | €30k | €13k | ▼ 56.1% |
| Cash at bank and in hand54/58 | €60k | €58k | €36k | €21k | ▼ 42.4% |
| Deferred charges and accrued income490/1 | €3k | €6k | €365 | €823 | ▲ 125% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €213k | €178k | €161k | €70k | ▼ 56.3% |
| Equity10/15 | €159k | €154k | €136k | €53k | ▼ 61.0% |
| Profit (loss) carried forward14 | €159k | €154k | €136k | €53k | ▼ 61.0% |
| Amounts payable17/49 | €54k | €24k | €25k | €17k | ▼ 30.9% |
| Amounts payable within one year42/48 | €53k | €11k | €23k | €17k | ▼ 27.4% |
| Trade debts44 | €27k | €3k | €4k | €4k | ▼ 5.5% |
| Suppliers440/4 | €27k | €3k | €4k | €4k | ▼ 5.5% |
| Taxes, remuneration and social security45 | €26k | €9k | €19k | €13k | ▼ 31.8% |
| Taxes450/3 | €18k | €616 | €6k | €2k | ▼ 63.3% |
| Remuneration and social security454/9 | €8k | €8k | €14k | €11k | ▼ 18.8% |
| Accrued charges and deferred income492/3 | €640 | €13k | €2k | €322 | ▼ 80.4% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4k | €-5k | €-18k | €-83k | ▼ 374% |
| + Depreciation and write-downs630 | €8k | €8k | €8k | €7k | ▼ 7.2% |
| Operating cash flow (approximation) | €12k | €3k | €-10k | €-76k | ▼ 691% |
| Investment in fixed assets (approximation) | - | €-1k | €-2k | €5k | ▲ 302% |
| Change in cash | - | €-2k | €-22k | €-15k | ▲ 31.2% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial
Weakest financial yearnet €-83k
Net result drops to €-83k, the lowest in the series.
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
26-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 57 days late
2023
31-12
Financial
Liquidity quadruplescurrent ratio 13.25
Current ratio from 3.35 to 13.25; short-term debt falls from €53k to €11k.
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 70 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Brussel · 1 establishment unit since 2016
Ground area
73 m²
Building footprint
77 m²
Volume, LiDAR
1,143 m³
Parcel 21004A0959/00F000, Brussels · tallest building 24.4 m, ±5 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
URBANA
since 20162.257.769.327
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21004A0959/00F000 | Brussels | 73 m² | 1 · 77 m² | 24.4 m · 5 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
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Of 1,994 companies in sector 90120 we hold annual accounts for 210. 157 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formNon-profit association
Founded30-03-2012
Fiscal year end31-12
Activities, NACEBEL 2025
90120Visual arts creation
90392Design and construction of stages and sets
94999Other membership organisations
Scores and ratios are computed by Checked and are not a credit decision.