HALLES DE SCHAERBEEK
ActiveSummary
HALLES DE SCHAERBEEK has been active since 1977 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-301k) and a net result of €-548k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 321 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2024
44
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency10▼-38
Growth55=
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 2.65 against 1.97 in 2023; short-term debt: 22.2% and cash: 22.5% of total assets), but equity is negative.
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
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 dateAge against the risk zone
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
-14.7%
Return on assets
-26.8%
Age of the figures
21 mo
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-301k
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 02-07-2025, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d early
2023
34 d early
2022
20 d early
2021
17 d early
2020
24 d early
2019
2 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
€526k▲ 213%
2020 · €168k
2020: €168k
2020 → 2021
EBIT margin
25.8%▼ 155.7pp
2020 · 181.5%
2020: 181.5%
2020 → 2021
Net result
€-548k▲ 22.5%
2023 · €-707k
2018: €-139k
2019: €35k
2020: €304k
2021: €133k
2022: €-353k
2023: €-707k
2018 → 2024
Working capital
€752k▲ 56.2%
2023 · €481k
2018: €963k
2019: €1.01M
2020: €1.50M
2021: €1.46M
2022: €1.24M
2023: €481k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€168k-€526k▲ 213%
Equity€1.18M-€1.31M▲ 11.1%€956k▼ 27.1%€248k▼ 74.0%€-301k
Operating result€305k-€135k▼ 55.5%€-350k€-702k▼ 101%€-532k▲ 24.2%
Net result€304k-€133k▼ 56.1%€-353k€-707k▼ 101%€-548k▲ 22.5%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €532k in 2024 against €702k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.05M
Fixed assets
€841k ▲ 719%
Current assets
€1.21M ▲ 23.4%
Key figures and ratios
EBITDA
€-492k▲
2023 · €-663k
Cash flow
€-508k▲
2023 · €-668k
Solvency
-14.7%▼
2023 · 23.0%
Current ratio
2.65▲
2023 · 1.97
Quick ratio
2.63▲
2023 · 1.96
Debt to equity
-7.41▼
2023 · 2.86
ROA
-26.8%▲
2023 · -65.4%
Interest coverage
-26.25▲
2023 · -82.39
Debt
€2.23M▲
2023 · €711k
Debt ≤ 1 year
€455k▼
2023 · €497k
Debt > 1 year
€1.56M
Staff costs
€1.81M▲
2023 · €1.73M
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 · 2024 against 2023 · 54 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.08M€2.05M▲
Fixed assets21/28€103k€841k▲
Tangible fixed assets22/27€100k€839k▲
Land and buildings22-€708k
Plant, machinery and equipment23€54k€93k▲
Furniture and vehicles24€21k€15k▼
Other tangible fixed assets26€25k€23k▼
Financial fixed assets28€3k€3k▲
Current assets29/58€978k€1.21M▲
Stocks and contracts in progress3€6k€9k▲
Stocks30/36€6k€9k▲
Amounts receivable within one year40/41€657k€568k▼
Trade receivables40€127k€70k▼
Other amounts receivable41€530k€498k▼
Cash at bank and in hand54/58€196k€461k▲
Deferred charges and accrued income490/1€119k€169k▲
Equity and liabilities
Total equity and liabilities10/49€1.08M€2.05M▲
Equity10/15€248k€-301k▼
Contributions10/11€66k€66k=
Capital10€66k€66k=
Reserves13€304k€304k=
Profit (loss) carried forward14€-123k€-671k▼
Investment grants15€829-
Provisions and deferred taxes16€122k€122k▼
Provisions for liabilities and charges160/5€122k€122k▼
Major repairs and maintenance162€122k€122k▼
Amounts payable17/49€711k€2.23M▲
Amounts payable after more than one year17-€1.56M
Financial debts170/4-€1.56M
Amounts payable within one year42/48€497k€455k▼
Trade debts44€284k€254k▼
Suppliers440/4€284k€254k▼
Advances received on contracts in progress46€1k€1k▼
Taxes, remuneration and social security45€204k€194k▼
Taxes450/3€7k€5k▼
Remuneration and social security454/9€197k€189k▼
Accrued charges and deferred income492/3€214k€208k▼
Income statement
Code20232024
Remuneration, social security and pensions62€1.73M€1.81M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€40k€40k▲
Other operating charges640/8€14k€12k▼
Non-recurring operating charges66A€584€2k▲
Gross operating margin9900€1.08M€1.34M▲
Operating profit (loss)9901€-702k€-532k▲
Financial income75/76B€3k€3k▼
Recurring financial income75€3k€3k▼
Financial charges65/66B€8k€19k▲
Recurring financial charges65€8k€19k▲
Profit (loss) for the period before taxes9903€-707k€-548k▲
Profit (loss) for the period9904€-707k€-548k▲
Profit (loss) for the period to be appropriated9905€-707k€-548k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-242k€-671k▼
Profit (loss) brought forward from the previous period14P€465k€-123k▼
From contributions791€119k-
Social balance
Average headcount (FTE)908738.837.4▼
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet €-707k
Net result drops to €-707k, the lowest in the series; recovery starts the following year.
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
14-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Highest result since 2018net €304k ▲767%
Operating result €305k, net result €304k, both a record.
31-12
Financial
Equity above €1MEq €1.18M ▲35.8%
2 profitable years in a row build equity to €1.18M.
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Back to profitnet €35k
Net result €35k after one loss-making year.
28-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
30-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
Show earlier events
2017
29-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
31-03
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
04-05
State Gazette act
General meeting · Director resignation
Director reappointment · Director appointment
2012
04-05
State Gazette act
General meeting · Statutes amendment
Corporate purpose · Director appointment
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
19 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, Schaarbeek · 1 establishment unit since 1977
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.
Grondwetstraat 201030 SchaarbeekGround area
176 m²
Building footprint
175 m²
Volume, LiDAR
1,809 m³
Parcel 21908E0235/00D015, Brussels · tallest building 16.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
HALLES DE SCHAERBEEK CENTRE CULTUREL EUROPEEN DE LA COMMUNAUTE FRANCAISE DE BELGIQUE
since 19772.155.350.787
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21908E0235/00D015 | Brussels | 176 m² | 1 · 175 m² | 16.4 m · 4 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.
Structure & network
Connections & network
2 connected companiesLinked via shared directors
Shared director
→
Shared director
→
Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
1 location
Public money · subsidies and aid
Wallonia-Brussels Federation
2021 to 2025 · 47 entries · 6,797,412 EUR in total| Year | Entries | paid |
|---|---|---|
| 2025 | 15 | 2,334,847 EUR |
| 2024 | 15 | 2,099,191 EUR |
| 2023 | 15 | 2,269,864 EUR |
| 2021 | 2 | 93,510 EUR |
Budget allocations
Subvention à l'ASBL "Halles de Schaerbeek"
Financement d’urgence visant à soutenir les secteurs dépendant de la Fédération Wallonie-Bruxelles suite à la crise du coût de l'énergie
Dotation à WBI dans le cadre de la promotion internationale de_x000D_
Bruxelles
Fonds budgétaire destiné à la répartition du bénéfice annuel de la Loterie nationale entre les attributaires (C)
Aides ponctuelles dans le domaine des arts vivants
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Of 641 companies in sector 90312 we hold annual accounts for 227. 175 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formNon-profit association
Founded25-05-1977
Fiscal year end31-12
Activities, NACEBEL 2025
90312Arts creation and performing arts activities
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.