BACKSTORIES
ActiveSummary
BACKSTORIES has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-3k) and a net result of €-9k. Equity is shrinking by ~40% per year across the filed fiscal years. Its solvency ranks better than 17% of 1932 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability45▼-12
Solvency21▼-12
Growth55=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.4 against 0.35 in 2023; short-term debt: 102.2% and cash: 31.4% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2024Solvency, return and age of the figures
Solvency
-4.1%
Return on assets
-13.3%
Age of the figures
21 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 59
Relative position
BE, all sectors
reference
Motion picture, video and television programme production, sound recording and music publishing activities (NACE 59)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
192021222324
2019 to 2024 · latest year €-3k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 · 6 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
19 d early
2022
29 d late
2021
31 d late
2020
30 d late
2019
89 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€224k▼ 7.5%
2023 · €243k
2020: €87klowest value
2023: €243khighest value
2024: €224k▼ -7.5% vs 2023
2020 → 2024
EBIT margin
-3.2%▼ 2.7pp
2023 · -0.5%
2020: 1.2%highest value
2023: -0.5%
2024: -3.2%▼ -574% vs 2023lowest value
2020 → 2024
Net result
€-9k▼ 373%
2023 · €-2k
2019: €30khighest in 6 years
2020: €-523▼ -102% vs 2019
2021: €9k▲ +1911% vs 2020
2022: €-37k▼ -491% vs 2021lowest in 6 years
2023: €-2k▲ +95.1% vs 2022
2024: €-9k▼ -373% vs 2023
2019 → 2024
Working capital
€-40k▲ 11.5%
2023 · €-45k
2019: €34k
2020: €33k▼ -2.7% vs 2019
2021: €43k▲ +31.7% vs 2020highest in 6 years
2022: €-33k▼ -177% vs 2021
2023: €-45k▼ -35.5% vs 2022lowest in 6 years
2024: €-40k▲ +11.5% vs 2023
2019 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€87k-€243k€224k▼ 7.5%
2020: €87klowest value
2023: €243khighest value
2024: €224k▼ -7.5% vs 2023
Equity€35k-€45k▲ 26.8%€8k▼ 82.5%€6k▼ 23.3%€-3k
2020: €35k
2021: €45k▲ +26.8% vs 2020highest in 5 years
2022: €8k▼ -82.5% vs 2021
2023: €6k▼ -23.3% vs 2022
2024: €-3k▼ -144% vs 2023lowest in 5 years
Operating result€1k-€14k▲ 1,254%€-36k€-1k▲ 96.8%€-7k▼ 523%
2020: €1k
2021: €14k▲ +1254% vs 2020highest in 5 years
2022: €-36k▼ -352% vs 2021lowest in 5 years
2023: €-1k▲ +96.8% vs 2022
2024: €-7k▼ -523% vs 2023
Net result€-523-€9k€-37k€-2k▲ 95.1%€-9k▼ 373%
2020: €-523
2021: €9k▲ +1911% vs 2020highest in 5 years
2022: €-37k▼ -491% vs 2021lowest in 5 years
2023: €-2k▲ +95.1% vs 2022
2024: €-9k▼ -373% vs 2023
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 €7k in 2024 against €1k in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €65k
Fixed assets
€39k ▼ 24.7%
Current assets
€26k ▲ 10.1%
Key figures and ratios
EBITDA
€8k▼
2023 · €13k
Cash flow
€7k▼
2023 · €12k
Solvency
-4.1%▼
2023 · 8.0%
Current ratio
0.40▲
2023 · 0.35
Quick ratio
0.37▲
2023 · 0.31
Debt to equity
-25.68▼
2023 · 11.48
ROA
-13.3%▼
2023 · -2.4%
Interest coverage
5.80▼
2023 · 28.88
Debt
€67k▼
2023 · €69k
Debt ≤ 1 year
€66k▼
2023 · €69k
Income taxes
€51▼
2023 · €231
Staff costs
€46k▲
2023 · €44k
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 · 51 lines
Balance sheet
Code20232024
Assets
Total assets20/58€75k€65k▼
Fixed assets21/28€51k€39k▼
Intangible fixed assets21€2k€1k▼
Tangible fixed assets22/27€49k€37k▼
Plant, machinery and equipment23€34k€24k▼
Furniture and vehicles24€14k€13k▼
Financial fixed assets28€50€50=
Current assets29/58€24k€26k▲
Stocks and contracts in progress3€2k€2k▼
Stocks30/36€2k€2k▼
Amounts receivable within one year40/41€6k€3k▼
Trade receivables40€6k€3k▼
Other amounts receivable41€0-
Cash at bank and in hand54/58€16k€20k▲
Deferred charges and accrued income490/1-€1k
Equity and liabilities
Total equity and liabilities10/49€75k€65k▼
Equity10/15€6k€-3k▼
Contributions10/11€6k€6k=
Reserves13€39k€39k=
Non-distributable reserves130/1€2k€0▼
Reserves not available under the articles1311€2k-
Other1319-€0
Distributable reserves133€37k€39k▲
Profit (loss) carried forward14€-39k€-48k▼
Amounts payable17/49€69k€67k▼
Amounts payable within one year42/48€69k€66k▼
Trade debts44€20k€29k▲
Suppliers440/4€20k€29k▲
Taxes, remuneration and social security45€13k€10k▼
Taxes450/3€10k€4k▼
Remuneration and social security454/9€3k€6k▲
Other amounts payable47/48€36k€27k▼
Accrued charges and deferred income492/3-€1k
Income statement
Code20232024
Turnover70€243k€224k▼
Non-recurring operating income76A€0€0=
Goods, raw materials, services and sundry goods60/61€191k€170k▼
Remuneration, social security and pensions62€44k€46k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€16k▲
Other operating charges640/8€1k€1k▲
Gross operating margin9900€58k€56k▼
Operating profit (loss)9901€-1k€-7k▼
Financial income75/76B€1€57▲
Recurring financial income75€1€57▲
Financial charges65/66B€442€1k▲
Recurring financial charges65€442€1k▲
Profit (loss) for the period before taxes9903€-2k€-9k▼
Income taxes67/77€231€51▼
Profit (loss) for the period9904€-2k€-9k▼
Profit (loss) for the period to be appropriated9905€-2k€-9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-39k€-48k▼
Profit (loss) brought forward from the previous period14P€-38k€-39k▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €87k | - | - | €243k | €224k | ▼ 7.5% |
| Non-recurring operating income76A | - | - | - | €0 | €0 | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €191k | €170k | ▼ 10.6% |
| Remuneration, social security and pensions62 | - | - | - | €44k | €46k | ▲ 4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €864 | €981 | €1k | €14k | €16k | ▲ 11.8% |
| Other operating charges640/8 | - | €1k | €1k | €1k | €1k | ▲ 2.8% |
| Gross operating margin9900 | €4k | €17k | €-34k | €58k | €56k | ▼ 4.1% |
| Operating profit (loss)9901 | €1k | €14k | €-36k | €-1k | €-7k | ▼ 523% |
| Financial income75/76B | - | - | - | €1 | €57 | ▲ 8,886% |
| Recurring financial income75 | €0 | - | - | €1 | €57 | ▲ 8,886% |
| Financial charges65/66B | - | €450 | €516 | €442 | €1k | ▲ 225% |
| Recurring financial charges65 | €620 | €450 | €516 | €442 | €1k | ▲ 225% |
| Profit (loss) for the period before taxes9903 | €451 | €14k | €-37k | €-2k | €-9k | ▼ 438% |
| Income taxes67/77 | €974 | €5k | - | €231 | €51 | ▼ 77.9% |
| Profit (loss) for the period9904 | €-523 | €9k | €-37k | €-2k | €-9k | ▼ 373% |
| Profit (loss) for the period to be appropriated9905 | €-523 | €9k | €-37k | €-2k | €-9k | ▼ 373% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €50k | €58k | €78k | €75k | €65k | ▼ 13.6% |
| Fixed assets21/28 | €2k | €1k | €41k | €51k | €39k | ▼ 24.7% |
| Intangible fixed assets21 | - | - | €3k | €2k | €1k | ▼ 50.6% |
| Tangible fixed assets22/27 | €2k | €1k | €38k | €49k | €37k | ▼ 23.5% |
| Plant, machinery and equipment23 | - | - | €34k | €34k | €24k | ▼ 29.1% |
| Furniture and vehicles24 | - | €1k | €4k | €14k | €13k | ▼ 10.2% |
| Financial fixed assets28 | - | - | - | €50 | €50 | = |
| Current assets29/58 | €48k | €56k | €36k | €24k | €26k | ▲ 10.1% |
| Stocks and contracts in progress3 | - | - | €4k | €2k | €2k | ▼ 29.1% |
| Stocks30/36 | - | - | €4k | €2k | €2k | ▼ 29.1% |
| Amounts receivable within one year40/41 | €14k | €21k | €14k | €6k | €3k | ▼ 49.9% |
| Trade receivables40 | - | €18k | €5k | €6k | €3k | ▼ 49.9% |
| Other amounts receivable41 | - | €3k | €9k | €0 | - | - |
| Cash at bank and in hand54/58 | €32k | €34k | €18k | €16k | €20k | ▲ 30.2% |
| Deferred charges and accrued income490/1 | - | €2k | - | - | €1k | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €50k | €58k | €78k | €75k | €65k | ▼ 13.6% |
| Equity10/15 | €35k | €45k | €8k | €6k | €-3k | ▼ 144% |
| Contributions10/11 | - | €6k | €6k | €6k | €6k | = |
| Reserves13 | €30k | €39k | €39k | €39k | €39k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €0 | ▼ 100% |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | - | - |
| Other1319 | - | - | - | - | €0 | - |
| Distributable reserves133 | - | €37k | €37k | €37k | €39k | ▲ 4.3% |
| Profit (loss) carried forward14 | €-523 | €-523 | €-38k | €-39k | €-48k | ▼ 22.0% |
| Amounts payable17/49 | €15k | €13k | €70k | €69k | €67k | ▼ 2.3% |
| Amounts payable within one year42/48 | €15k | €13k | €70k | €69k | €66k | ▼ 4.0% |
| Trade debts44 | €2k | €3k | €20k | €20k | €29k | ▲ 42.4% |
| Suppliers440/4 | - | €3k | €20k | €20k | €29k | ▲ 42.4% |
| Taxes, remuneration and social security45 | - | €9k | €4k | €13k | €10k | ▼ 21.4% |
| Taxes450/3 | - | €9k | €4k | €10k | €4k | ▼ 58.8% |
| Remuneration and social security454/9 | - | - | - | €3k | €6k | ▲ 97.6% |
| Other amounts payable47/48 | - | - | €45k | €36k | €27k | ▼ 23.9% |
| Accrued charges and deferred income492/3 | - | - | €214 | - | €1k | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-523 | €9k | €-37k | €-2k | €-9k | ▼ 373% |
| + Depreciation and write-downs630 | €864 | €981 | €1k | €14k | €16k | ▲ 11.8% |
| Operating cash flow (approximation) | €341 | €10k | €-36k | €12k | €7k | ▼ 42.8% |
| Investment in fixed assets (approximation) | - | €0 | €-41k | €-24k | €-3k | ▲ 87.8% |
| Change in cash | - | €2k | €-16k | €-3k | €5k | ▲ 287% |
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
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-12
Financial
Weakest financial yearnet €-37k
Net result drops to €-37k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
28-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 89 days late
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, Lede · 1 establishment unit since 2022
Ground area
689 m²
Building footprint
227 m²
Volume, LiDAR
1,075 m³
Parcel 41034D0229/00L000, Flanders · tallest building 5.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Bar Belgica
since 20222.337.537.375
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41034D0229/00L000 | Flanders | 689 m² | 1 · 227 m² | 5.9 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.
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Of 594 companies in sector 59203 we hold annual accounts for 195. 81 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
Founded12-04-2018
Fiscal year end31-12
Activities, NACEBEL 2025
59203Motion picture, video and television programme production, sound recording and music publishing activities
56210Event catering
58190Other publishing activities, excluding software publishing
59113Video and film production, excluding cinema and television films
59130Motion picture, video and television programme production, sound recording and music publishing activities
Scores and ratios are computed by Checked and are not a credit decision.