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VONK

Active
Non-profit associationfounded 201015 yrs activeKiezelstraat 41A, 3500 Hasselt, BelgiumKBO/BCE: BE 0830.175.884

VONK has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €168k and a net result of €44k. Equity is growing by ~46.5% per year across the filed fiscal years. Its solvency ranks better than 84% of 2464 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is < 0.1% (very low).

Checked score

Score 2024
99 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability97▼-3
Solvency100▲+4
Growth64▲+11
Track record100
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 5.97 against 4.02 in 2023; short-term debt: 14.9% and cash: 64.4% of total assets), and 15.4% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 15 years 0 20 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-06-2025, 46 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
not confirmed
2024
46 d early
2023
65 d early
2022
75 d early
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Turnover
€71k▲ 12.6%
2023 · €63k
2022: €69k 2023: €63k
2022 → 2024
EBIT margin
60.8%▼ 53.6pp
2023 · 114.4%
2022: 0.7% 2023: 114.4%
2022 → 2024
Net result
€44k▼ 39.7%
2023 · €72k
2022: €267 2023: €72k
2022 → 2024
Working capital
€147k▲ 12.9%
2023 · €131k
2022: €53k 2023: €131k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line202220232024Trend
Turnover€69k-€63k▼ 9.2%€71k▲ 12.6%
Equity€52k-€125k▲ 138%€168k▲ 35.0%
Operating result€470-€72k▲ 15,238%€43k▼ 40.2%
Net result€267-€72k▲ 26,973%€44k▼ 39.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40k€60k€80kOperating result 2022: €470€470Net result 2022: €267€267Operating result 2023: €72k€72kNet result 2023: €72k€72kOperating result 2024: €43k€43kNet result 2024: €44k€44k202220232024
The operating result falls in 2024; 2024 is 40% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €199k
Fixed assets €22k▲ 826%
Current assets €177k▲ 1.9%
Equity and liabilities €199k
Equity €168k▲ 35.0%
Debt €31k▼ 40.5%
The debt ratio falls from 29.2% to 15.4%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€49k
2023 · €73k
Cash flow
€49k
2023 · €73k
Solvency
84.6%
2023 · 70.8%
Current ratio
5.97
2023 · 4.02
Quick ratio
5.97
2023 · 4.02
Debt / equity
0.18
2023 · 0.41
ROE
25.9%
2023 · 58.0%
ROA
21.9%
2023 · 41.1%
Interest coverage
230.93
2023 · 732.61
Debt
€31k
2023 · €51k
Debt ≤ 1 year
€30k
2023 · €43k
Debt > 1 year
€868
Income taxes
€449
2023 · €13
Staff costs
€135k
2023 · €130k
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€176k€199k
Fixed assets21/28€2k€22k
Tangible fixed assets22/27€2k€22k
Plant, machinery and equipment23€2k€2k
Other tangible fixed assets26-€20k
Current assets29/58€174k€177k
Amounts receivable within one year40/41€45k€49k
Trade receivables40€9k€19k
Other amounts receivable41€35k€30k
Cash at bank and in hand54/58€129k€128k
Equity and liabilities
Total equity and liabilities10/49€176k€199k
Equity10/15€125k€168k
Reserves13€55k€64k
Profit (loss) carried forward14€70k€105k
Amounts payable17/49€51k€31k
Amounts payable after more than one year17-€868
Other amounts payable178/9-€868
Amounts payable within one year42/48€43k€30k
Trade debts44€19k€15k
Suppliers440/4€19k€15k
Taxes, remuneration and social security45€25k€15k
Taxes450/3€9k€989
Remuneration and social security454/9€16k€14k
Accrued charges and deferred income492/3€8k€60
Income statement Code20232024
Turnover70€63k€71k
Goods, raw materials, services and sundry goods60/61€161k€194k
Remuneration, social security and pensions62€130k€135k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€548€6k
Other operating charges640/8€11k€8k
Gross operating margin9900€213k€192k
Operating profit (loss)9901€72k€43k
Financial income75/76B€378€1k
Recurring financial income75€378€1k
Financial charges65/66B€99€212
Recurring financial charges65€99€212
Profit (loss) for the period before taxes9903€72k€44k
Income taxes67/77€13€449
Profit (loss) for the period9904€72k€44k
Profit (loss) for the period to be appropriated9905€72k€44k
Appropriation of the result
Profit (loss) to be appropriated9906€125k€113k
Profit (loss) brought forward from the previous period14P€52k€70k
From contributions791-€14k
To contributions691€55k€23k

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

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Timeline · acts, filings and financial milestones

2025
15-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Equity above €150kEq €168k ▲35%
3 profitable years in a row build equity to €168k.
27-05
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Highest result since 2022net €72k ▲26973%
Operating result €72k, net result €72k, both a record.
31-12
Financial Equity above €100kEq €125k ▲138%
2 profitable years in a row build equity to €125k.
17-05
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
7 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, Hasselt · 1 establishment unit since 2016
establishment The establishment unit on the map
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.

Kiezelstraat 41A3500 Hasselt
Ground area
551 m²
Building footprint
200 m²
Volume, LiDAR
1,895 m³
Parcel 71323C1283/00A002, Flanders · tallest building 11.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Vonk
Kiezelstraat 41A, 3500 HasseltArts creation and performing arts activities
since 20162.249.661.216
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71323C1283/00A002 Flanders 551 m² 1 · 200 m² 11.1 m · 3 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 · 8 entries · 608,893 EUR awarded · 585,601 EUR paid
Year Entries awardedpaid
2025 3 244,711 EUR237,443 EUR
2024 2 178,968 EUR177,844 EUR
2023 2 175,048 EUR160,148 EUR
2022 1 10,166 EUR10,166 EUR
Schemes
Professionele kunsten: Werkingssubsidie voor een kunstenorganisatie voor een periode van 5 jaar (Kunstendecreet 2021)
3 entries · 507,935 EUR · 490,745 EUR paid · Departement Cultuur, Jeugd en Media
Professionele kunsten: Projectsubsidie voor een initiatief van een kunstenaar, een kunstwerker of een kunstenorganisatie (Kunstendecreet 2021)
1 entry · 61,025 EUR · 54,923 EUR paid · Departement Cultuur, Jeugd en Media
Cultuur: Tewerkstellingssubsidie voor een organisatie in het culturele veld volgens de Vlaamse Intersectorale Akkoorden (VIA) (Decreet Vlaamse Intersectorale Akkoorden 2004)
3 entries · 29,767 EUR · 29,767 EUR paid · Departement Cultuur, Jeugd en Media
Professionele kunsten: Projectsubsidie voor de internationale presentatie van een kunstproductie (Kunstendecreet 2021)
1 entry · 10,166 EUR · 10,166 EUR paid · Departement Cultuur, Jeugd en Media

European Union, budget

2023 · 1 entry · 132,510 EUR in total
Year Entries awarded
2023 1 132,510 EUR
Projects
101098784 - MI - MOVING IDENTITIES
2.2.34 - Creative Europe · 01-02-2023 to 31-10-2026 · 132,510 EUR

Similar companies · same sector, comparable size

Of 1,989 companies in sector 90120 we hold annual accounts for 208. 142 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formNon-profit association
Founded12-10-2010
Fiscal year end31-12
Activities, NACEBEL
82990Other business support services
90032Arts creation and performing arts activities
90120Visual arts creation
90029Arts creation and performing arts activities
90312Arts creation and performing arts activities
90399Other support activities for arts and performing arts
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.