VZW KLINKERt
ActiveSummary
VZW KLINKERt has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €10,800 and a net result of €3,702. Equity is shrinking by ~5.4% per year across the filed fiscal years. Its solvency ranks better than 51% of 2464 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability91▲+91
Solvency75▼-8
Growth55=
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 1.8 against 2.37 in 2023; short-term debt: 49.9% and cash: 37.2% of total assets), and 49.9% of the assets are financed with debt.
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Signals
Five 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 2024Solvency, return and age of the figures
Solvency
50.1%
Return on assets
17.2%
Age of the figures
21 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 · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-09-2025, 57 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
57 d late
2023
21 d early
2022
89 d early
2021
40 d late
2020
44 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Turnover
€26,548▲ 22.4%
2023 · €21,684
EBIT margin
14.2%▲ 39.2pp
2023 · -25.0%
Net result
€3,702
2023 · -€5,475
Working capital
€8,640▲ 21.7%
2023 · €7,099
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€9,767€11,220▲ 14.9%€21,684▲ 93.3%€26,548▲ 22.4%
Operating result€5,177--€1,773€2,060-€5,420€3,769
Net result€5,168--€1,831€2,010-€5,475€3,702
EBIT margin-18.1%18.4%▲ 36.5pp-25.0%▼ 43.4pp14.2%▲ 39.2pp
Equity€12,395-€10,564▼ 14.8%€12,574▲ 19.0%€7,099▼ 43.5%€10,800▲ 52.1%
Total assets€35,065-€15,521▼ 55.7%€16,104▲ 3.8%€12,279▼ 23.8%€21,537▲ 75.4%
Debt€22,670-€4,957▼ 78.1%€3,530▼ 28.8%€5,180▲ 46.7%€10,737▲ 107%
Working capital€18,170-€9,265▼ 49.0%€12,064▲ 30.2%€7,099▼ 41.2%€8,640▲ 21.7%
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 2024: €3,769 after a loss of €5,420 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €21,537
Fixed assets
€2,160
Current assets
€19,377
Equity and liabilities €21,537
Equity
€10,800 ▲ 52.1%
Debt
€10,737 ▲ 107%
Debt's share of the balance-sheet total rises from 42.2% to 49.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€4,849▲
2023 · -€4,910
Cash flow
€4,782▲
2023 · -€4,966
Current ratio
1.80▼
2023 · 2.37
Debt to equity
0.99▲
2023 · 0.73
ROE
34.3%▲
2023 · -77.1%
ROA
17.2%▲
2023 · -44.6%
Interest coverage
72.20▲
2023 · -88.88
Debt ≤ 1 year
€10,737▲
2023 · €5,180
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | €9,767 | €11,220 | €21,684 | €26,548 | ▲ 22.4% |
| Goods, raw materials, services and sundry goods60/61 | - | €18,888 | €8,300 | €24,839 | €21,671 | ▼ 12.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €926 | €926 | €789 | €509 | €1,080 | ▲ 112% |
| Other operating charges640/8 | - | €99 | €71 | €1,790 | €49 | ▼ 97.3% |
| Gross operating margin9900 | €6,492 | -€748 | €2,920 | -€3,120 | €4,898 | ▲ 257% |
| Operating profit (loss)9901 | €5,177 | -€1,773 | €2,060 | -€5,420 | €3,769 | ▲ 170% |
| Financial income75/76B | - | €2 | - | - | - | - |
| Recurring financial income75 | - | €2 | - | - | - | - |
| Financial charges65/66B | - | €60 | €50 | €55 | €67 | ▲ 21.6% |
| Recurring financial charges65 | €9 | €60 | €50 | €55 | €67 | ▲ 21.6% |
| Profit (loss) for the period before taxes9903 | €5,168 | -€1,831 | €2,010 | -€5,475 | €3,702 | ▲ 168% |
| Profit (loss) for the period9904 | €5,168 | -€1,831 | €2,010 | -€5,475 | €3,702 | ▲ 168% |
| Profit (loss) for the period to be appropriated9905 | €5,168 | -€1,831 | €2,010 | -€5,475 | €3,702 | ▲ 168% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €35,065 | €15,521 | €16,104 | €12,279 | €21,537 | ▲ 75.4% |
| Fixed assets21/28 | €2,225 | €1,299 | €509 | - | €2,160 | - |
| Tangible fixed assets22/27 | €2,225 | €1,299 | €509 | - | €2,160 | - |
| Plant, machinery and equipment23 | - | €663 | €191 | - | €2,160 | - |
| Furniture and vehicles24 | - | €636 | €318 | - | - | - |
| Current assets29/58 | €32,840 | €14,222 | €15,595 | €12,279 | €19,377 | ▲ 57.8% |
| Stocks and contracts in progress3 | €3,120 | €2,131 | €1,591 | - | - | - |
| Stocks30/36 | - | €2,131 | €1,591 | - | - | - |
| Amounts receivable within one year40/41 | €4,271 | €7,939 | €9,897 | €7,495 | €11,361 | ▲ 51.6% |
| Trade receivables40 | - | €7,762 | €9,795 | €7,011 | €11,225 | ▲ 60.1% |
| Other amounts receivable41 | - | €177 | €102 | €484 | €135 | ▼ 72.1% |
| Cash at bank and in hand54/58 | €25,246 | €4,152 | €4,030 | €4,784 | €8,016 | ▲ 67.6% |
| Deferred charges and accrued income490/1 | - | - | €77 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €35,065 | €15,521 | €16,104 | €12,279 | €21,537 | ▲ 75.4% |
| Equity10/15 | €12,395 | €10,564 | €12,574 | €7,099 | €10,800 | ▲ 52.1% |
| Profit (loss) carried forward14 | €12,395 | €10,564 | €12,574 | €7,099 | €10,800 | ▲ 52.1% |
| Amounts payable17/49 | €22,670 | €4,957 | €3,530 | €5,180 | €10,737 | ▲ 107% |
| Amounts payable within one year42/48 | €14,670 | €4,957 | €3,530 | €5,180 | €10,737 | ▲ 107% |
| Trade debts44 | €11,748 | €1,865 | €356 | €2,320 | €4,005 | ▲ 72.6% |
| Suppliers440/4 | - | €1,865 | €356 | €2,320 | €4,005 | ▲ 72.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,168 | -€1,831 | €2,010 | -€5,475 | €3,702 | ▲ 168% |
| + Depreciation and write-downs630 | €926 | €926 | €789 | €509 | €1,080 | ▲ 112% |
| Operating cash flow (approximation) | €6,094 | -€905 | €2,799 | -€4,966 | €4,782 | ▲ 196% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - | - | - |
| Change in cash | - | -€21,094 | -€122 | €754 | €3,233 | ▲ 329% |
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
2025
26-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 57 days late
2024
31-12
Financial
Back to profitnet €3,702
Net result €3,702 after one loss-making year.
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet -€5,475
Net result drops to -€5,475, the lowest in the series; recovery starts the following year.
03-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €2,010
Net result €2,010 after one loss-making year.
09-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 40 days late
2021
13-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 44 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, Antwerpen
Ground area
241 m²
Building footprint
92 m²
Volume, LiDAR
555 m³
Parcel 11344A0537/00L008, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11344A0537/00L008 | Flanders | 241 m² | 1 · 92 m² | 9.8 m · 2 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.
Similar companies · same sector, comparable size
Alpacas Music
BE 0726.365.692
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MDJ Music & Events
BE 1017.461.506
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Consonance VZW
BE 0673.864.245
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CHAMPAUDITIF
BE 0871.306.656
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BLISS MUSIC
BE 0811.716.982
Antwerpen · Eq €11,768
Of 2,277 companies in sector 90202 we hold annual accounts for 414. 229 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
Founded09-02-2015
Fiscal year end31-12
Activities, NACEBEL 2025
90202Performing arts by artistic ensembles
73120Media representation
Scores and ratios are computed by Checked and are not a credit decision.