ACT ONE
ActiveSummary
ACT ONE has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €52,276 and a net result of -€200. Equity is growing by ~4.4% per year across the filed fiscal years. Its solvency ranks better than 79% of 2026 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability18▼-68
Solvency100▲+6
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days acceptable
Liquidity ample (current ratio 6.38 against 6.35 in 2024; short-term debt: 15.2% and cash: 1.1% of total assets), and 20.5% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four 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 →
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 2025Solvency, return and age of the figures
Solvency
79.5%
Return on assets
-0.3%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 01-02-2026, 1 day 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 · 10 filingsDeviation from the deadline
2025
1 d late
2024
3 d late
2023
on the day
2022
on the day
2021
on the day
2020
2 d early
2019
1 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average on the deadline day; the sector median for financial year 2024 is 4 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 31 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close28-09-2026 today31-01-2027 deadline
History
Go further with this company
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Financials · fiscal year 2025, micro schema
Equity
€52,276▼ 0.4%
2024 · €52,476
Total assets
€65,790▼ 13.7%
2024 · €76,256
Net result
-€200
2024 · €10,629
Working capital
€53,777▼ 14.0%
2024 · €62,511
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 90, Arts creation and performing arts activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€20,301€16,938-€9,318€8,130-€3,587
Net result-€17,489below the sector's middle half€18,505within the sector's middle half-€6,510below the sector's middle half€10,629within the sector's middle half-€200within the sector's middle half
Equity€29,852within the sector's middle half▼ 36.9%€48,357within the sector's middle half▲ 62.0%€41,847within the sector's middle half▼ 13.5%€52,476within the sector's middle half▲ 25.4%€52,276within the sector's middle half▼ 0.4%
Total assets€34,994below the sector's middle half▼ 36.0%€54,375within the sector's middle half▲ 55.4%€64,430within the sector's middle half▲ 18.5%€76,256within the sector's middle half▲ 18.4%€65,790within the sector's middle half▼ 13.7%
Debt€5,142▼ 29.6%€6,018▲ 17.0%€22,583▲ 275%€23,780▲ 5.3%€13,514▼ 43.2%
Working capital€24,456within the sector's middle half▼ 42.0%€42,770within the sector's middle half▲ 74.9%€50,081within the sector's middle half▲ 17.1%€62,511within the sector's middle half▲ 24.8%€53,777within the sector's middle half▼ 14.0%
Solvency85.3%above the sector's middle half▼ 1.3pp88.9%above the sector's middle half▲ 3.6pp64.9%within the sector's middle half▼ 24.0pp68.8%within the sector's middle half▲ 3.9pp79.5%above the sector's middle half▲ 10.6pp
Current ratio5.76above the sector's middle half▼ 1.028.11above the sector's middle half▲ 2.355.76above the sector's middle half▼ 2.356.35above the sector's middle half▲ 0.596.38above the sector's middle half▲ 0.03
Return on assets (ROA)-50.0%below the sector's middle half▼ 68.5pp34.0%above the sector's middle half▲ 84.0pp-10.1%below the sector's middle half▼ 44.1pp13.9%within the sector's middle half▲ 24.0pp-0.3%within the sector's middle half▼ 14.2pp
above
within
below
the middle half (P25 to P75) of NACE 90, Arts creation and performing arts activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €3,587 after €8,130 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €65,790
Fixed assets
€2,022 ▼ 2.1%
Current assets
€63,768 ▼ 14.0%
Equity and liabilities €65,790
Equity
€52,276 ▼ 0.4%
Debt
€13,514 ▼ 43.2%
Debt's share of the balance-sheet total falls from 31.2% to 20.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€2,090▼
2024 · €9,891
Cash flow
€1,297▼
2024 · €12,390
Debt to equity
0.26▼
2024 · 0.45
ROE
-0.4%▼
2024 · 20.3%
Interest coverage
-2.59▼
2024 · 9.97
Debt ≤ 1 year
€9,991▼
2024 · €11,681
Debt > 1 year
€3,123▼
2024 · €11,712
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 12,321 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
0.6%
went bankrupt
8.5%
stopped otherwise
90%
still going
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 12,321 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €14,800 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,498 | €1,692 | €1,761 | €1,761 | €1,497 | ▼ 15.0% |
| Other operating charges640/8 | - | €821 | €1,023 | €1,178 | €1,269 | ▲ 7.7% |
| Gross operating margin9900 | -€17,144 | €19,451 | -€6,534 | €11,070 | -€821 | ▼ 107% |
| Operating profit (loss)9901 | -€20,301 | €16,938 | -€9,318 | €8,130 | -€3,587 | ▼ 144% |
| Financial income75/76B | - | €2,271 | €3,630 | €3,491 | €4,195 | ▲ 20.1% |
| Recurring financial income75 | €3,629 | €2,271 | €3,630 | €3,491 | €4,195 | ▲ 20.1% |
| Financial charges65/66B | - | €704 | €821 | €993 | €808 | ▼ 18.6% |
| Recurring financial charges65 | €817 | €704 | €821 | €993 | €808 | ▼ 18.6% |
| Profit (loss) for the period before taxes9903 | -€17,489 | €18,505 | -€6,510 | €10,629 | -€200 | ▼ 102% |
| Profit (loss) for the period9904 | -€17,489 | €18,505 | -€6,510 | €10,629 | -€200 | ▼ 102% |
| Profit (loss) for the period to be appropriated9905 | -€17,489 | €18,505 | -€6,510 | €10,629 | -€200 | ▼ 102% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €34,994 | €54,375 | €64,430 | €76,256 | €65,790 | ▼ 13.7% |
| Fixed assets21/28 | €5,396 | €5,587 | €3,826 | €2,065 | €2,022 | ▼ 2.1% |
| Tangible fixed assets22/27 | €5,396 | €5,587 | €3,826 | €2,065 | €2,022 | ▼ 2.1% |
| Plant, machinery and equipment23 | - | €3,782 | €2,492 | €1,202 | €225 | ▼ 81.3% |
| Furniture and vehicles24 | - | €1,804 | €1,334 | €863 | €1,797 | ▲ 108% |
| Current assets29/58 | €29,599 | €48,788 | €60,604 | €74,191 | €63,768 | ▼ 14.0% |
| Amounts receivable within one year40/41 | €26,341 | €46,687 | €58,257 | €71,353 | €62,863 | ▼ 11.9% |
| Trade receivables40 | - | €2,250 | €1,021 | - | - | - |
| Other amounts receivable41 | - | €44,437 | €57,235 | €71,353 | €62,863 | ▼ 11.9% |
| Cash at bank and in hand54/58 | €1,216 | €1,742 | €2,347 | €2,838 | €714 | ▼ 74.8% |
| Deferred charges and accrued income490/1 | - | €359 | - | - | €192 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €34,994 | €54,375 | €64,430 | €76,256 | €65,790 | ▼ 13.7% |
| Equity10/15 | €29,852 | €48,357 | €41,847 | €52,476 | €52,276 | ▼ 0.4% |
| Contributions10/11 | - | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €18,616 | €18,616 | €18,616 | €23,255 | €23,255 | = |
| Non-distributable reserves130/1 | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Reserves not available under the articles1311 | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Distributable reserves133 | - | €16,757 | €16,757 | €21,396 | €21,396 | = |
| Profit (loss) carried forward14 | -€7,356 | €11,149 | €4,640 | €10,629 | €10,429 | ▼ 1.9% |
| Amounts payable17/49 | €5,142 | €6,018 | €22,583 | €23,780 | €13,514 | ▼ 43.2% |
| Amounts payable after more than one year17 | - | - | €11,712 | €11,712 | €3,123 | ▼ 73.3% |
| Financial debts170/4 | - | - | €11,712 | €11,712 | €3,123 | ▼ 73.3% |
| Amounts payable within one year42/48 | €5,142 | €6,018 | €10,523 | €11,681 | €9,991 | ▼ 14.5% |
| Current portion of amounts payable after more than one year42 | - | - | €2,342 | €2,342 | €4,685 | ▲ 100% |
| Financial debts43 | - | €5,081 | €5,010 | €5,141 | €3,936 | ▼ 23.4% |
| Credit institutions430/8 | - | €5,081 | €5,010 | €5,141 | €3,936 | ▼ 23.4% |
| Trade debts44 | €672 | €879 | €2,558 | €2,705 | €1,370 | ▼ 49.3% |
| Suppliers440/4 | - | €879 | €2,558 | €2,705 | €1,370 | ▼ 49.3% |
| Taxes, remuneration and social security45 | - | €58 | €612 | €1,492 | - | - |
| Taxes450/3 | - | €58 | €612 | €1,492 | - | - |
| Accrued charges and deferred income492/3 | - | - | €348 | €387 | €400 | ▲ 3.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€17,489 | €18,505 | -€6,510 | €10,629 | -€200 | ▼ 102% |
| + Depreciation and write-downs630 | €2,498 | €1,692 | €1,761 | €1,761 | €1,497 | ▼ 15.0% |
| Operating cash flow (approximation) | -€14,991 | €20,197 | -€4,749 | €12,390 | €1,297 | ▼ 89.5% |
| Investment in fixed assets (approximation) | - | -€1,883 | €0 | €0 | -€1,453 | - |
| Change in cash | - | €526 | €605 | €490 | -€2,124 | ▼ 533% |
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
Next filing, fiscal year 2026, expected by
2026
01-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 1 day late
2025
03-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 3 days late
2024
30-06
Financial
Back to profitnet €10,629
Net result €10,629 after one loss-making year.
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Back to profitnet €18,505
Net result €18,505 after one loss-making year.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Weakest financial yearnet -€17,489
Net result drops to -€17,489, the lowest in the series; recovery starts the following year.
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
29-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Geetbets · 1 establishment unit since 1997
Ground area
111 m²
Building footprint
128 m²
Volume, LiDAR
715 m³
Parcel 24028D0409/00K003, Flanders · tallest building 10.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Glabbeekstraat 37, 3450 Geetbets
since 19972.081.138.364
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24028D0409/00K003 | Flanders | 111 m² | 1 · 128 m² | 10.1 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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 1,146 EUR awarded · 1,146 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 1,146 EUR | 1,146 EUR |
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Of 3,395 companies in sector 90393 we hold annual accounts for 942. 749 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded19-03-1997
Fiscal year end30-06
Activities, NACEBEL 2025
90393Specialised image, lighting and sound technical services
90202Performing arts by artistic ensembles
E-invoicing
Reachable via Peppol
Peppol ID
0208:0460245895
Also
9925:BE0460245895
Registered
17-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.