ACTIVE

KUNSTENFESTIVALDESARTS

Financial year 2025 · closed on 31/12/2025
Net result
68,6 k €
+190.5% YoY
Gross margin
1,3 M €
+4.2% YoY
Equity
354,3 k €
+24.0% YoY
Workforce
17,2 ETP
+0.6% YoY

What does KUNSTENFESTIVALDESARTS do?

KUNSTENFESTIVALDESARTS is a Non-profit organization incorporated in 1991. Its main activity is: Support activities to performing arts. Its registered office is in Bruxelles. It employs on average 17,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0446.277.303
Incorporation
27/12/1991
Legal form
Non-profit organization
Registered office
Quai du Commerce 18 box 4
1000 Bruxelles · BruxellesSee on map
Latest accounts
31/12/2025
Average workforce
17,2 ETP
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212020201920182017201620152014201320122011201020092008
Income statement
Gross margin1,3 M €1,2 M €1,2 M €992,6 k €1,2 M €1,1 M €1,1 M €968,1 k €821 k €1,1 M €881,9 k €864,1 k €1,1 M €974,3 k €1 M €779,8 k €912,1 k €839,5 k €
EBITDA81,8 k €-59,9 k €81,2 k €-63,8 k €13,7 k €297,3 k €39,7 k €44,4 k €-161,1 k €-119,4 k €24,9 k €-87,5 k €188,4 k €50,2 k €157,1 k €29,8 k €38,1 k €76,1 k €
Operating result80 k €-61,7 k €68,6 k €-78,4 k €-5,6 k €288,7 k €22,6 k €24,5 k €-186,1 k €-157,8 k €-878,1 €-103,2 k €145,1 k €43,1 k €136,5 k €17,7 k €30,7 k €68 k €
Net result68,6 k €-75,9 k €59 k €-83,7 k €-8 k €286,3 k €17,2 k €35,1 k €-85,8 k €-171,8 k €-6,2 k €-140,6 k €142,3 k €64,9 k €132 k €-741,3 €6 €24,1 k €
Balance sheet
Equity354,3 k €285,7 k €361,5 k €302,5 k €386,2 k €394,2 k €107,9 k €90,7 k €55,6 k €141,4 k €313,2 k €319,4 k €460 k €317,7 k €252,8 k €120,8 k €121,6 k €121,5 k €
Total assets521,7 k €554,4 k €539 k €489 k €636,9 k €751,1 k €512,3 k €646,1 k €904,3 k €1,3 M €1,8 M €2,5 M €2,9 M €5,3 M €1,5 M €3,1 M €2,5 M €2,8 M €
Cash204 k €255,2 k €246,4 k €214,2 k €197,2 k €445,1 k €143,3 k €157,2 k €52,3 k €260,9 k €125 k €794,4 k €190 k €701,8 k €302,7 k €174,7 k €833,7 k €325,2 k €
Debts161,8 k €200,8 k €177,5 k €152,3 k €216,6 k €304,4 k €352,7 k €499,2 k €775 k €580,5 k €425,9 k €990,6 k €476,2 k €1,3 M €704,7 k €897,7 k €1,2 M €775,8 k €
Other
Workforce17,2 ETP17,1 ETP15,7 ETP15,1 ETP19,4 ETP18,2 ETP16,4 ETP15,2 ETP15,8 ETP15,8 ETP13,9 ETP18,6 ETP16,0 ETP18,0 ETP16,1 ETP15,9 ETP16,1 ETP16,8 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 19 active · 51 ended

Active mandates

Anne Petre

Lid van de Raad van Bestuur · since 16 novembre 2022

Active
Circhirillo Sandra

Lid van de Raad van Bestuur · since 16 novembre 2022

Active
Croux Herman

Lid van de Raad van Bestuur · since 16 novembre 2022

Active
Levie Damien

Lid van de Raad van Bestuur · since 16 novembre 2022

Active
Liesbeth Driesen

Lid van de Raad van Bestuur · since 16 novembre 2022

Active
Nora Mahammed

Lid van de Raad van Bestuur · since 16 novembre 2022

Active
Sana Ouchtati

Lid van de Raad van Bestuur · since 16 novembre 2022

Active
Theo Van Rompay

Lid van de Raad van Bestuur · since 16 novembre 2022

Active
Hana Miletic

Lid van de Raad van Bestuur · since 23 mars 2020

Active
Anick Van Calster

Director

Active
Diane Hennebert

Mandate

Active
Eva Blaute

Director

Active
Fatima Svobodova

Director

Active
Fatima Zibouh

Director

Active
Geert Cochez

Director

Active
Geert Potargent

Lid van de Raad van Bestuur

Active
Martine De Limburg Stirum

Director

Active
Paul Aron

Director

Active
Ruth Collier

Director

Active

Ended mandates

Anne Petre

Chairman of the board of directors · since 16 novembre 2022

Ended
Bart Eeckhout

Lid van de Raad van Bestuur · since 16 novembre 2022

Ended
Martine Eykerman

Lid van de Raad van Bestuur · since 16 novembre 2022

Ended
Natacha Dewitte

Lid van de Raad van Bestuur · since 16 novembre 2022

Ended
At this address

Other companies at this address

Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date28/08/202627/08/202503/07/202422/06/202305/10/202219/05/2021
General meeting23/03/202618/03/202519/03/202423/03/202323/03/202223/03/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202523/03/202628/08/2026FrenchPDF
Abridged model31/12/202418/03/202527/08/2025FrenchPDF
Abridged model31/12/202319/03/202403/07/2024FrenchPDF
Abridged model31/12/202223/03/202322/06/2023FrenchPDF
Abridged model31/12/202123/03/202205/10/2022FrenchPDF
Abridged model31/12/202023/03/202119/05/2021FrenchPDF
Abridged model31/12/201923/03/202027/08/2020FrenchPDF
Abridged model31/12/201819/03/201901/10/2019FrenchPDF
Abridged model31/12/201819/03/201927/09/2019DutchPDF
Abridged model31/12/201719/03/201828/08/2018FrenchPDF
Abridged model31/12/201627/03/201704/05/2017FrenchPDF
Abridged model31/12/201507/03/201624/03/2016FrenchPDF
Abridged model31/12/201416/03/201505/05/2015FrenchPDF
Abridged model31/12/201316/06/201405/12/2014FrenchPDF
Abridged model31/12/201215/06/201322/08/2013FrenchPDF
Abridged model31/12/201115/06/201219/07/2012FrenchPDF
Abridged model31/12/201021/03/201123/03/2011FrenchPDF
Abridged model31/12/200922/03/201018/05/2010FrenchPDF
Abridged model31/12/200818/03/200918/05/2010FrenchPDF
Abridged model31/12/200717/03/200817/09/2008FrenchPDF
Abridged model31/12/200618/02/200730/08/2007FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 19 active · 51 ended

Active mandates

Anne Petre

Lid van de Raad van Bestuur · since 16 novembre 2022

Active
Circhirillo Sandra

Lid van de Raad van Bestuur · since 16 novembre 2022

Active
Croux Herman

Lid van de Raad van Bestuur · since 16 novembre 2022

Active
Levie Damien

Lid van de Raad van Bestuur · since 16 novembre 2022

Active
Liesbeth Driesen

Lid van de Raad van Bestuur · since 16 novembre 2022

Active
Nora Mahammed

Lid van de Raad van Bestuur · since 16 novembre 2022

Active
Sana Ouchtati

Lid van de Raad van Bestuur · since 16 novembre 2022

Active
Theo Van Rompay

Lid van de Raad van Bestuur · since 16 novembre 2022

Active
Hana Miletic

Lid van de Raad van Bestuur · since 23 mars 2020

Active
Anick Van Calster

Director

Active
Diane Hennebert

Mandate

Active
Eva Blaute

Director

Active
Fatima Svobodova

Director

Active
Fatima Zibouh

Director

Active
Geert Cochez

Director

Active
Geert Potargent

Lid van de Raad van Bestuur

Active
Martine De Limburg Stirum

Director

Active
Paul Aron

Director

Active
Ruth Collier

Director

Active

Ended mandates

Anne Petre

Chairman of the board of directors · since 16 novembre 2022

Ended
Bart Eeckhout

Lid van de Raad van Bestuur · since 16 novembre 2022

Ended
Martine Eykerman

Lid van de Raad van Bestuur · since 16 novembre 2022

Ended
Natacha Dewitte

Lid van de Raad van Bestuur · since 16 novembre 2022

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates18/09/2026
    démission administrateurs
    PDF
  • Mandates27/07/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/01/2024
    DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates04/01/2024
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates16/02/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/01/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/09/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates07/07/2021
    ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 202568,6 k €
  2. 2024
    Annual accounts 2024-75,9 k €
  3. 2023
    Annual accounts 202359 k €
  4. 2022
    Annual accounts 2022-83,7 k €
  5. 2021
    Annual accounts 2021-8 k €
  6. 2020
    Annual accounts 2020286,3 k €
  7. 2019
    Annual accounts 201917,2 k €
  8. 2018
    Annual accounts 201835,1 k €
  9. 2017
    Annual accounts 2017-85,8 k €
  10. 2016
    Annual accounts 2016-171,8 k €
  11. 2015
    Annual accounts 2015-6,2 k €
  12. 2014
    Annual accounts 2014-140,6 k €
  13. 2013
    Annual accounts 2013142,3 k €
  14. 2012
    Annual accounts 201264,9 k €
  15. 2011
    Annual accounts 2011132 k €
  16. 2010
    Annual accounts 2010-741,3 €
  17. 2009
    Annual accounts 20096 €
  18. 2008
    Annual accounts 200824,1 k €
  19. 27/12/1991
    IncorporationNon-profit organization