ACTIVE

KUNSTENCENTRUM BUDA

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

-47,5 k €

-230.0% YoY

Gross margin

1,2 M €

-2.7% YoY

Equity

503,5 k €

-8.6% YoY

Workforce

16,4 ETP

+4.5% YoY

What does KUNSTENCENTRUM BUDA do?

KUNSTENCENTRUM BUDA is a Non-profit organization incorporated in 2004. Its main activity is: Support activities to performing arts. Its registered office is in Kortrijk. It employs on average 16,4 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0869.749.312

Incorporation

29/10/2004

Legal form

Non-profit organization

Registered office

Broelkaai(Kor) 6
8500 Kortrijk · FlandreSee on map

Latest accounts

31/12/2025

Average workforce

16,4 ETP

Activities (NACE)

90023Support activities to performing arts· main 90032Artistic creation 90120Creative, arts and entertainment activities 90393Creative, arts and entertainment activities 92313Gambling and betting activities

Joint committees (3)

100
304
30400

Signals

Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	1,2 M €	-2.7%	1,2 M €	-3.0%	1,3 M €	+11.9%	1,1 M €	+13.7%	996,5 k €	-2.5%	1 M €	-1.9%	1 M €	+1.9%	1 M €	-1.4%	1 M €	+4.1%	996 k €	-8.8%	1,1 M €	-5.6%	1,2 M €	+1.5%	1,1 M €	+3.6%	1,1 M €	+15.0%	956,2 k €	+3.3%	925,5 k €	+11.3%	831,7 k €	+13.9%	730,4 k €	+19.6%	610,6 k €
EBITDA	47,5 k €	-61.9%	124,6 k €	-29.2%	175,9 k €	+30.4%	134,9 k €	+5.4%	128 k €	-58.6%	308,8 k €	+80.5%	171,1 k €	+53.5%	111,5 k €	-23.9%	146,5 k €	+386%	30,1 k €	-75.4%	122,5 k €	+49.2%	82,1 k €	-13.9%	95,3 k €	-17.2%	115,2 k €	+32.1%	87,2 k €	-18.0%	106,3 k €	+89.7%	56 k €	+27.9%	43,8 k €	+12.7%	38,9 k €
Operating result	-45,4 k €	-208%	41,9 k €	-58.3%	100,6 k €	+160%	38,6 k €	+42.8%	27,1 k €	-87.0%	207,7 k €	+253%	58,9 k €	+164%	22,4 k €	-67.9%	69,6 k €	+259%	-43,7 k €	-176%	57,4 k €	+126%	25,4 k €	+55.6%	16,3 k €	-64.7%	46,1 k €	+2.7%	44,9 k €	-20.5%	56,5 k €	+223%	17,5 k €	+525%	-4,1 k €	-127%	-1,8 k €
Net result	-47,5 k €	-230%	36,5 k €	-61.2%	94,1 k €	+186%	33 k €	+46.5%	22,5 k €	-88.9%	203,2 k €	+336%	46,6 k €	+6636%	691,5 €	-98.6%	49,4 k €	+312%	-23,2 k €	-264%	14,2 k €	-9.9%	15,8 k €	+147%	6,4 k €	-72.2%	23 k €	+1.2%	22,7 k €	+45.0%	15,7 k €	+906%	-1,9 k €	+81.7%	-10,7 k €	-22.4%	-8,7 k €
Balance sheet
Equity	503,5 k €	-8.6%	551 k €	+7.1%	514,5 k €	+22.4%	420,3 k €	+8.5%	387,4 k €	+4.0%	372,4 k €	+111%	176,7 k €	+28.4%	137,6 k €	-4.7%	144,4 k €	+40.9%	102,5 k €	-23.1%	133,2 k €	+5.3%	126,5 k €	+7.0%	118,3 k €	-0.9%	119,4 k €	+313%	28,9 k €	+370%	6,1 k €	+165%	-9,5 k €	-25.7%	-7,6 k €	-347%	3,1 k €
Total assets	798,3 k €	-5.8%	847,6 k €	+11.2%	762 k €	-11.3%	858,9 k €	+6.8%	804,1 k €	+11.2%	723,2 k €	+10.5%	654,4 k €	+13.7%	575,6 k €	+4.3%	551,7 k €	-2.6%	566,4 k €	-26.3%	767,9 k €	-23.2%	1 M €	+7.9%	926,7 k €	-10.1%	1 M €	+45.2%	709,8 k €	+36.7%	519,4 k €	+16.8%	444,9 k €	+17.7%	378 k €	-3.0%	389,6 k €
Cash	293,8 k €	+7.0%	274,7 k €	+52.2%	180,5 k €	-41.4%	307,8 k €	+3.5%	297,6 k €	+15.3%	258,1 k €	+169%	96,1 k €	+2.8%	93,5 k €	+39.4%	67,1 k €	+11.7%	60 k €	+21.3%	49,5 k €	-47.1%	93,6 k €	+4.8%	89,3 k €	+0.2%	89,2 k €	-3.5%	92,3 k €	-15.2%	109 k €	+474%	19 k €	+22.0%	15,6 k €	+211%	5 k €
Debts	289 k €	-0.0%	289,1 k €	+23.4%	234,3 k €	-45.3%	428 k €	+26.0%	339,7 k €	+17.9%	288,2 k €	-35.7%	448,5 k €	+14.6%	391,3 k €	-2.6%	401,5 k €	-10.2%	446,9 k €	-27.7%	618,5 k €	-26.4%	840 k €	+13.9%	737,7 k €	-13.4%	851,5 k €	+40.3%	607 k €	+26.9%	478,3 k €	+5.3%	454,4 k €	+18.0%	385 k €	+0.5%	383,2 k €
Other
Workforce	16,4 ETP	+4.5%	15,7 ETP	+1.3%	15,5 ETP	+4.0%	14,9 ETP	+4.2%	14,3 ETP	-1.4%	14,5 ETP	-0.7%	14,6 ETP	+3.5%	14,1 ETP	+2.2%	13,8 ETP	-12.7%	15,8 ETP	-4.2%	16,5 ETP	-12.7%	18,9 ETP	+2.7%	18,4 ETP	+1.1%	18,2 ETP	+6.4%	17,1 ETP	+2.4%	16,7 ETP	-4.0%	17,4 ETP	+17.6%	14,8 ETP	+13.8%	13,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 7 active · 59 ended

Active mandates

MIFTARI DENIZA

Director · since 31 mars 2025 · until 31 mars 2029

Active

MAARTEN TERNIER

Director · since 28 mars 2024 · until 31 mars 2028

Active

CESAR VROMMAN

Director · since 20 mars 2023 · until 31 mars 2027

Active

VEERLE DE MEY

Director · since 21 mars 2022 · until 31 mars 2030

Active

BIEKE VANCRAEYNEST

Director · since 26 mars 2018 · until 31 mars 2030

Active

FRANCIS VAN REMOORTEL

Director · since 03 octobre 2016 · until 31 mars 2030

Active

MIEKE DUMONT

Chairman of the board of directors · since 26 novembre 2014 · until 31 mars 2030

Active

Ended mandates

Maarten Ternier

Director · since 28 mars 2024 · until 27 mars 2028

Ended

Cesar Vromman

Director · since 20 mars 2023 · until 19 mars 2027

Ended

Bieke Vancraeynest

Director · since 21 mars 2022 · until 20 mars 2026

Ended

Francis Van Remoortel

Chairman of the board of directors · since 21 mars 2022 · until 20 mars 2026

Ended

At this address

Other companies at this address

Company	CBE no.
INTERNATIONAL ARTS FESTIVAL NEXT● Active	0841.051.366

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/04/2026	30/04/2025	08/04/2024	24/03/2023	31/03/2022	19/04/2021
General meeting	30/03/2026	31/03/2025	28/03/2024	20/03/2023	21/03/2022	22/03/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/03/2026	29/04/2026	Dutch	PDF
Abridged model	31/12/2024	31/03/2025	30/04/2025	Dutch	PDF
Abridged model	31/12/2023	28/03/2024	08/04/2024	Dutch	PDF
Abridged model	31/12/2022	20/03/2023	24/03/2023	Dutch	PDF
Abridged model	31/12/2021	21/03/2022	31/03/2022	Dutch	PDF
Abridged model	31/12/2020	22/03/2021	19/04/2021	Dutch	PDF
Abridged model	31/12/2019	23/03/2020	25/03/2020	Dutch	PDF
Abridged model	31/12/2018	18/03/2019	20/03/2019	Dutch	PDF
Abridged model	31/12/2017	26/03/2018	05/04/2018	Dutch	PDF
Abridged model	31/12/2016	20/03/2017	11/04/2017	Dutch	PDF
Abridged model	31/12/2015	14/03/2016	31/03/2016	Dutch	PDF
Abridged model	31/12/2014	16/03/2015	14/04/2015	Dutch	PDF
Abridged model	31/12/2013	18/03/2014	01/07/2014	Dutch	PDF
Abridged model	31/12/2012	02/04/2013	22/05/2013	Dutch	PDF
Abridged model	31/12/2011	12/03/2012	12/06/2012	Dutch	PDF
Abridged model	31/12/2010	09/03/2011	26/04/2011	Dutch	PDF
Abridged model	31/12/2009	23/03/2010	27/04/2010	Dutch	PDF
Abridged model	31/12/2008	26/03/2009	19/05/2009	Dutch	PDF
Abridged model	31/12/2007	01/04/2008	09/12/2008	Dutch	PDF
Abridged model	31/12/2006	29/03/2007	09/01/2008	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

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 · 7 active · 59 ended

Active mandates

MIFTARI DENIZA

Director · since 31 mars 2025 · until 31 mars 2029

Active

MAARTEN TERNIER

Director · since 28 mars 2024 · until 31 mars 2028

Active

CESAR VROMMAN

Director · since 20 mars 2023 · until 31 mars 2027

Active

VEERLE DE MEY

Director · since 21 mars 2022 · until 31 mars 2030

Active

BIEKE VANCRAEYNEST

Director · since 26 mars 2018 · until 31 mars 2030

Active

FRANCIS VAN REMOORTEL

Director · since 03 octobre 2016 · until 31 mars 2030

Active

MIEKE DUMONT

Chairman of the board of directors · since 26 novembre 2014 · until 31 mars 2030

Active

Ended mandates

Maarten Ternier

Director · since 28 mars 2024 · until 27 mars 2028

Ended

Cesar Vromman

Director · since 20 mars 2023 · until 19 mars 2027

Ended

Bieke Vancraeynest

Director · since 21 mars 2022 · until 20 mars 2026

Ended

Francis Van Remoortel

Chairman of the board of directors · since 21 mars 2022 · until 20 mars 2026

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates06/06/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/05/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/05/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/09/2022
ONTSLAGEN - BENOEMINGEN
PDF
Other27/07/2021
BENAMING - DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates06/07/2020
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/04/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/10/2018
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

2025
Annual accounts 2025-47,5 k €↓
2024
Annual accounts 202436,5 k €↓
2023
Annual accounts 202394,1 k €↑
2022
Annual accounts 202233 k €↑
2021
Annual accounts 202122,5 k €↓
2020
Annual accounts 2020203,2 k €↑
2019
Annual accounts 201946,6 k €↑
2018
Annual accounts 2018691,5 €↓
2017
Annual accounts 201749,4 k €↑
2016
Annual accounts 2016-23,2 k €↓
2015
Annual accounts 201514,2 k €↓
2014
Annual accounts 201415,8 k €↑
2013
Annual accounts 20136,4 k €↓
2012
Annual accounts 201223 k €↑
2011
Annual accounts 201122,7 k €↑
2010
Annual accounts 201015,7 k €↑
2009
Annual accounts 2009-1,9 k €↑
2008
Annual accounts 2008-10,7 k €↓
2007
Annual accounts 2007-8,7 k €
29/10/2004
IncorporationNon-profit organization

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

KUNSTENCENTRUM BUDA

Overview

What does KUNSTENCENTRUM BUDA do?

Trend over 19 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline