AUDIO GES
BankruptcySummary
The KBO register records for AUDIO GES the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2024 annual accounts show equity of €26k and a net result of €-18k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-18k
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 30-06-2025, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
13 d late
2022
26 d early
2021
23 d late
2020
13 d late
2019
2 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€26k▼ 40.3%
2023 · €44k
2018: €36k
2019: €39k
2020: €-4k
2021: €15k
2022: €74k
2023: €44k
2018 → 2024
Total assets
€66k▼ 36.3%
2023 · €104k
2018: €98k
2019: €102k
2020: €83k
2021: €87k
2022: €134k
2023: €104k
2018 → 2024
Net result
€-18k▲ 43.2%
2023 · €-31k
2018: €-3k
2019: €3k
2020: €-42k
2021: €19k
2022: €60k
2023: €-31k
2018 → 2024
Working capital
€12k▼ 54.1%
2023 · €26k
2018: €30k
2019: €30k
2020: €12k
2021: €10k
2022: €38k
2023: €26k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-4k-€15k€74k▲ 398%€44k▼ 41.5%€26k▼ 40.3%
Operating result€-37k-€21k€67k▲ 215%€-26k€-13k▲ 50.1%
Net result€-42k-€19k€60k▲ 221%€-31k€-18k▲ 43.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €13k in 2024 against €26k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €66k
Fixed assets
€14k ▼ 20.3%
Current assets
€52k ▼ 39.7%
Equity and liabilities €66k
Equity
€26k ▼ 40.3%
Debt
€40k ▼ 33.5%
Debt's share of the balance-sheet total rises from 58.0% to 60.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-7k▲
2023 · €-21k
Cash flow
€-12k▲
2023 · €-26k
Current ratio
1.30▼
2023 · 1.43
Debt to equity
1.53▲
2023 · 1.38
ROE
-67.4%▲
2023 · -70.9%
ROA
-26.6%▲
2023 · -29.8%
Interest coverage
-1.72▲
2023 · -4.47
Debt ≤ 1 year
€40k▼
2023 · €60k
Income taxes
€446▲
2023 · €343
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 · 46 lines
Balance sheet
Code20232024
Assets
Total assets20/58€104k€66k▼
Fixed assets21/28€18k€14k▼
Tangible fixed assets22/27€17k€14k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€16k€12k▼
Financial fixed assets28€500€500=
Current assets29/58€86k€52k▼
Amounts receivable within one year40/41€43k€29k▼
Trade receivables40€37k€27k▼
Other amounts receivable41€6k€2k▼
Cash at bank and in hand54/58€17k€3k▼
Deferred charges and accrued income490/1€26k€20k▼
Equity and liabilities
Total equity and liabilities10/49€104k€66k▼
Equity10/15€44k€26k▼
Contributions10/11€8k€8k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133-€2k
Profit (loss) carried forward14€34k€16k▼
Amounts payable17/49€60k€40k▼
Amounts payable within one year42/48€60k€40k▼
Current portion of amounts payable after more than one year42€12k-
Trade debts44€41k€22k▼
Suppliers440/4€41k€22k▼
Advances received on contracts in progress46€7k€7k=
Taxes, remuneration and social security45-€4k
Taxes450/3-€4k
Other amounts payable47/48-€7k
Income statement
Code20232024
Non-recurring operating income76A€3k€6k▲
Remuneration, social security and pensions62€1k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€6k▲
Other operating charges640/8€22k€4k▼
Gross operating margin9900€2k€-4k▼
Operating profit (loss)9901€-26k€-13k▲
Financial income75/76B€107€18▼
Recurring financial income75€107€18▼
Financial charges65/66B€5k€4k▼
Recurring financial charges65€5k€4k▼
Non-recurring financial charges66B€218-
Profit (loss) for the period before taxes9903€-31k€-17k▲
Income taxes67/77€343€446▲
Profit (loss) for the period9904€-31k€-18k▲
Profit (loss) for the period to be appropriated9905€-31k€-18k▲
Appropriation of the result
Profit (loss) to be appropriated9906€34k€16k▼
Profit (loss) brought forward from the previous period14P€65k€34k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
13-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 13 days late
2023
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €60k ▲221%
Operating result €67k, net result €60k, both a record.
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
31-12
Financial
Back to profitnet €19k
Net result €19k after one loss-making year.
13-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 13 days late
2020
31-12
Financial
Weakest financial yearnet €-42k ▼1756%
Net result drops to €-42k, the lowest in the series.
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Oupeye · 1 establishment unit since 1993
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.
Rue Dolhain Champs 24680 OupeyeGround area
1,180 m²
Building footprint
202 m²
Volume, LiDAR
1,086 m³
2 parcels, Wallonia · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
AUDIO GES
since 19932.062.381.534
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63006D0903/00C000 | Wallonia | 727 m² | 1 · 114 m² | 7.5 m · 1 fl. |
| 62079A0224/00C002 | Wallonia | 453 m² | 1 · 88 m² | 7.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 962 companies in sector 49310 we hold annual accounts for 487. 346 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 formPrivate limited company
Founded10-05-1993
Fiscal year end31-12
Activities, NACEBEL 2025
49310Scheduled passenger transport by road
49320Non-scheduled passenger transport by road
49330On-demand passenger transport by chauffeured vehicle
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0499528800