BACKSTAGE
ActiveSummary
BACKSTAGE has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €36,520 and a net result of -€6,717. Equity is growing by ~2.5% per year across the filed fiscal years. Its solvency ranks better than 81% of 31942 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-77
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days acceptable
Liquidity ample (current ratio 5.88 against 3.66 in 2024; short-term debt: 16% and cash: 71.3% of total assets), and 16% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five 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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% 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
84%
Return on assets
-15.5%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days 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
31 d late
2024
31 d late
2023
57 d early
2022
on the day
2021
32 d early
2020
58 d early
2019
26 d late
← 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 8 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 31 July (4 of the last 5 filed years within 32 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€36,520▼ 15.5%
2024 · €43,237
Total assets
€43,471▼ 24.9%
2024 · €57,909
Net result
-€6,717
2024 · €3,687
Working capital
€33,907▼ 13.0%
2024 · €38,972
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy 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-€24,370▼ 30,405%€30,162€16,287▼ 46.0%€5,819▼ 64.3%-€6,392
Net result-€24,626below the sector's middle half▼ 7,220%€25,373within the sector's middle half€10,529within the sector's middle half▼ 58.5%€3,687within the sector's middle half▼ 65.0%-€6,717below the sector's middle half
Equity€8,632below the sector's middle half▼ 74.0%€32,405within the sector's middle half▲ 275%€41,268within the sector's middle half▲ 27.4%€43,237within the sector's middle half▲ 4.8%€36,520within the sector's middle half▼ 15.5%
Total assets€27,005below the sector's middle half▼ 70.5%€51,656below the sector's middle half▲ 91.3%€62,191below the sector's middle half▲ 20.4%€57,909below the sector's middle half▼ 6.9%€43,471below the sector's middle half▼ 24.9%
Debt€18,373▼ 68.5%€19,251▲ 4.8%€20,923▲ 8.7%€14,672▼ 29.9%€6,951▼ 52.6%
Working capital€4,210within the sector's middle half▼ 80.2%€30,638within the sector's middle half▲ 628%€40,012within the sector's middle half▲ 30.6%€38,972within the sector's middle half▼ 2.6%€33,907within the sector's middle half▼ 13.0%
Solvency32.0%within the sector's middle half▼ 4.3pp62.7%within the sector's middle half▲ 30.8pp66.4%within the sector's middle half▲ 3.6pp74.7%within the sector's middle half▲ 8.3pp84.0%above the sector's middle half▲ 9.3pp
Current ratio1.25within the sector's middle half▼ 0.112.76within the sector's middle half▲ 1.502.91within the sector's middle half▲ 0.163.66within the sector's middle half▲ 0.745.88above the sector's middle half▲ 2.22
Return on assets (ROA)-91.2%below the sector's middle half▼ 90.8pp49.1%above the sector's middle half▲ 140.3pp16.9%within the sector's middle half▼ 32.2pp6.4%within the sector's middle half▼ 10.6pp-15.5%below the sector's middle half▼ 21.8pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy 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 €6,392 after €5,819 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €43,471
Fixed assets
€2,613 ▼ 38.7%
Current assets
€40,858 ▼ 23.8%
Equity and liabilities €43,471
Equity
€36,520 ▼ 15.5%
Debt
€6,951 ▼ 52.6%
Debt's share of the balance-sheet total falls from 25.3% to 16.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€4,739▼
2024 · €6,560
Cash flow
-€5,065▼
2024 · €4,428
Debt to equity
0.19▼
2024 · 0.34
ROE
-18.4%▼
2024 · 8.5%
Interest coverage
-16.64▼
2024 · 15.36
Debt ≤ 1 year
€6,951▼
2024 · €14,672
Income taxes
€132▼
2024 · €1,779
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,836 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a loss of 10% of the balance sheet or more
1.5%
went bankrupt
13%
stopped otherwise
84%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
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 5,836 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 | €0 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,789 | €4,266 | €2,310 | €741 | €1,653 | ▲ 123% |
| Other operating charges640/8 | €870 | €648 | €695 | €481 | €638 | ▲ 32.6% |
| Gross operating margin9900 | -€17,711 | €35,076 | €19,292 | €7,041 | -€4,102 | ▼ 158% |
| Operating profit (loss)9901 | -€24,370 | €30,162 | €16,287 | €5,819 | -€6,392 | ▼ 210% |
| Financial income75/76B | €12 | €18 | €308 | €74 | €92 | ▲ 24.5% |
| Recurring financial income75 | €12 | €0 | €308 | €74 | €92 | ▲ 24.5% |
| Non-recurring financial income76B | - | €18 | €0 | - | - | - |
| Financial charges65/66B | €151 | €163 | €164 | €427 | €285 | ▼ 33.3% |
| Recurring financial charges65 | €151 | €163 | €164 | €427 | €285 | ▼ 33.3% |
| Profit (loss) for the period before taxes9903 | -€24,509 | €30,017 | €16,431 | €5,466 | -€6,585 | ▼ 220% |
| Income taxes67/77 | €117 | €4,644 | €5,902 | €1,779 | €132 | ▼ 92.6% |
| Profit (loss) for the period9904 | -€24,626 | €25,373 | €10,529 | €3,687 | -€6,717 | ▼ 282% |
| Profit (loss) for the period to be appropriated9905 | -€24,626 | €25,373 | €10,529 | €3,687 | -€6,717 | ▼ 282% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €27,005 | €51,656 | €62,191 | €57,909 | €43,471 | ▼ 24.9% |
| Fixed assets21/28 | €6,222 | €3,566 | €1,256 | €4,266 | €2,613 | ▼ 38.7% |
| Tangible fixed assets22/27 | €6,122 | €3,467 | €1,157 | €4,166 | €2,514 | ▼ 39.7% |
| Furniture and vehicles24 | €6,122 | €3,467 | €1,157 | €4,166 | €2,514 | ▼ 39.7% |
| Financial fixed assets28 | €99 | €99 | €99 | €99 | €99 | = |
| Current assets29/58 | €20,783 | €48,090 | €60,935 | €53,644 | €40,858 | ▼ 23.8% |
| Amounts receivable within one year40/41 | €10,140 | €22,398 | €0 | €13,959 | €9,723 | ▼ 30.3% |
| Trade receivables40 | €5,440 | €19,637 | €0 | €10,365 | €3,526 | ▼ 66.0% |
| Other amounts receivable41 | €4,700 | €2,762 | €0 | €3,593 | €6,198 | ▲ 72.5% |
| Cash at bank and in hand54/58 | €10,272 | €25,379 | €55,114 | €39,219 | €30,986 | ▼ 21.0% |
| Deferred charges and accrued income490/1 | €370 | €312 | €5,821 | €467 | €149 | ▼ 68.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €27,005 | €51,656 | €62,191 | €57,909 | €43,471 | ▼ 24.9% |
| Equity10/15 | €8,632 | €32,405 | €41,268 | €43,237 | €36,520 | ▼ 15.5% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €7,000 | €26,000 | €34,863 | €34,863 | €34,863 | = |
| Non-distributable reserves130/1 | €1,859 | €1,859 | €0 | - | - | - |
| Reserves not available under the articles1311 | €1,859 | €1,859 | €0 | - | - | - |
| Tax-exempt reserves132 | €740 | €740 | €740 | €740 | €740 | = |
| Distributable reserves133 | €4,401 | €23,401 | €34,123 | €34,123 | €34,123 | = |
| Profit (loss) carried forward14 | -€4,568 | €205 | €205 | €2,174 | -€4,543 | ▼ 309% |
| Amounts payable17/49 | €18,373 | €19,251 | €20,923 | €14,672 | €6,951 | ▼ 52.6% |
| Amounts payable within one year42/48 | €16,573 | €17,451 | €20,923 | €14,672 | €6,951 | ▼ 52.6% |
| Trade debts44 | €8,949 | €13,593 | €199 | €2,092 | €159 | ▼ 92.4% |
| Suppliers440/4 | €8,949 | €13,593 | €199 | €2,092 | €159 | ▼ 92.4% |
| Taxes, remuneration and social security45 | €115 | €2,259 | €12,034 | €4,415 | €0 | ▼ 100% |
| Taxes450/3 | €115 | €2,259 | €12,034 | €4,415 | €0 | ▼ 100% |
| Remuneration and social security454/9 | €0 | - | - | - | - | - |
| Other amounts payable47/48 | €7,508 | €1,600 | €8,690 | €8,165 | €6,792 | ▼ 16.8% |
| Accrued charges and deferred income492/3 | €1,800 | €1,800 | €0 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€24,626 | €25,373 | €10,529 | €3,687 | -€6,717 | ▼ 282% |
| + Depreciation and write-downs630 | €5,789 | €4,266 | €2,310 | €741 | €1,653 | ▲ 123% |
| Operating cash flow (approximation) | -€18,837 | €29,639 | €12,839 | €4,428 | -€5,065 | ▼ 214% |
| Investment in fixed assets (approximation) | - | -€1,611 | €0 | -€3,750 | €0 | ▲ 100% |
| Change in cash | - | €15,107 | €29,735 | -€15,895 | -€8,233 | ▲ 48.2% |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
04-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €25,373
Net result €25,373 after 4 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 2.76
Current ratio from 1.25 to 2.76.
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet -€24,626
Net result drops to -€24,626, the lowest in the series; recovery starts the following year.
03-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 26 days late
2019
31-12
Financial
Liquidity doublescurrent ratio 3.35
Current ratio from 1.64 to 3.35; short-term debt falls from €52,776 to €12,897.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
06-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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 1997
Ground area
1,761 m²
Building footprint
236 m²
Volume, LiDAR
2,199 m³
2 parcels, Brussels, Wallonia · tallest building 12.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue de Strichon 75, 1495 Villers-la-Ville
since 19972.079.921.114
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25102B0176/00N000 | Wallonia | 1,412 m² | 1 · 169 m² | 12.1 m · 3 fl. |
| 21903B0068/00H002 | Brussels | 348 m² | 1 · 67 m² | 10.6 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
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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Service Equation
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,629. 36,035 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
Founded08-01-1997
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
59113Video and film production, excluding cinema and television films
E-invoicing
Reachable via Peppol
Peppol ID
0208:0459588374
Registered
20-03-2025
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.