BE STAGE
ActiveSummary
BE STAGE has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€81,663) and a net result of €4,677. Equity is shrinking by ~12.9% per year across the filed fiscal years. Its solvency ranks better than 5% of 2026 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability86▼-14
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.74 against 0.61 in 2024; short-term debt: 105.6% and cash: 71.1% of total assets), and equity is negative.
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 90
Relative position
BE, all sectors
reference
Arts creation and performing arts activities (NACE 90)
about 58% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
-239.1%
Return on assets
13.7%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 2026 sector peers (2025).
NBB · sector comparisonPosition among 2026 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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
27 d late
2024
29 d late
2023
23 d late
2022
3 d early
2021
3 d late
2020
31 d late
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 16 days after the deadline; 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 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 24 August (5 of the last 5 filed years within 30 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
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
-€81,663▲ 5.4%
2024 · -€86,340
Total assets
€34,157▼ 42.6%
2024 · €59,501
Net result
€4,677▼ 82.5%
2024 · €26,711
Working capital
-€9,285▲ 58.7%
2024 · -€22,458
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-€31,274▲ 34.3%€10,551-€10,227€27,440€5,042▼ 81.6%
Net result-€34,388below the sector's middle half▲ 33.7%€8,202within the sector's middle half-€12,043below the sector's middle half€26,711above the sector's middle half€4,677within the sector's middle half▼ 82.5%
Equity-€109,210below the sector's middle half▼ 46.0%-€101,009below the sector's middle half▲ 7.5%-€113,052below the sector's middle half▼ 11.9%-€86,340below the sector's middle half▲ 23.6%-€81,663below the sector's middle half▲ 5.4%
Total assets€60,538within the sector's middle half▼ 31.3%€72,759within the sector's middle half▲ 20.2%€68,218within the sector's middle half▼ 6.2%€59,501within the sector's middle half▼ 12.8%€34,157below the sector's middle half▼ 42.6%
Debt€169,748▲ 4.2%€173,768▲ 2.4%€181,270▲ 4.3%€145,841▼ 19.5%€115,820▼ 20.6%
Working capital-€35,464below the sector's middle half▼ 281%-€40,377below the sector's middle half▼ 13.9%-€52,330below the sector's middle half▼ 29.6%-€22,458below the sector's middle half▲ 57.1%-€9,285below the sector's middle half▲ 58.7%
Solvency-180.4%below the sector's middle half▼ 95.5pp-138.8%below the sector's middle half▲ 41.6pp-165.7%below the sector's middle half▼ 26.9pp-145.1%below the sector's middle half▲ 20.6pp-239.1%below the sector's middle half▼ 94.0pp
Current ratio0.23below the sector's middle half▼ 0.540.35below the sector's middle half▲ 0.110.35below the sector's middle half▲ 0.010.61below the sector's middle half▲ 0.250.74below the sector's middle half▲ 0.14
Return on assets (ROA)-56.8%below the sector's middle half▲ 2.0pp11.3%within the sector's middle half▲ 68.1pp-17.7%below the sector's middle half▼ 28.9pp44.9%above the sector's middle half▲ 62.5pp13.7%within the sector's middle half▼ 31.2pp
Staff (FTE)1.2▼ 40.0%
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 falls in 2025; 2025 is 82% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €34,157
Fixed assets
€7,388 ▼ 70.2%
Current assets
€26,769 ▼ 22.8%
Key figures and ratios
EBITDA
€21,581▼
2024 · €45,184
Cash flow
€21,216▼
2024 · €44,455
Debt to equity
-1.42▲
2024 · -1.69
Interest coverage
58.28▼
2024 · 59.78
Debt ≤ 1 year
€36,053▼
2024 · €57,129
Debt > 1 year
€79,767▼
2024 · €88,712
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,640 companies that looked in July 2024 the way this one looks now, 2.7% went bankrupt within 24 months and 92% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a profit of 5% of the balance sheet or more
2.7%
went bankrupt
4.9%
stopped otherwise
92%
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: 0.4% 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 3,640 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 | - | - | - | - | €1,150 | - |
| Remuneration, social security and pensions62 | €7,656 | -€115 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13,147 | €13,236 | €17,696 | €17,743 | €16,539 | ▼ 6.8% |
| Other operating charges640/8 | €841 | €1,511 | €847 | €920 | €1,370 | ▲ 48.9% |
| Non-recurring operating charges66A | - | - | - | - | €1,331 | - |
| Gross operating margin9900 | -€9,631 | €25,184 | €8,315 | €46,103 | €24,282 | ▼ 47.3% |
| Operating profit (loss)9901 | -€31,274 | €10,551 | -€10,227 | €27,440 | €5,042 | ▼ 81.6% |
| Financial income75/76B | €1,473 | €32 | €57 | €27 | €6 | ▼ 79.0% |
| Recurring financial income75 | €1,473 | €32 | €57 | €27 | €6 | ▼ 79.0% |
| Financial charges65/66B | €4,586 | €2,021 | €1,608 | €756 | €370 | ▼ 51.0% |
| Recurring financial charges65 | €4,586 | €2,021 | €1,608 | €756 | €370 | ▼ 51.0% |
| Profit (loss) for the period before taxes9903 | -€34,388 | €8,562 | -€11,778 | €26,711 | €4,677 | ▼ 82.5% |
| Income taxes67/77 | - | €361 | €265 | - | - | - |
| Profit (loss) for the period9904 | -€34,388 | €8,202 | -€12,043 | €26,711 | €4,677 | ▼ 82.5% |
| Profit (loss) for the period to be appropriated9905 | -€34,388 | €8,202 | -€12,043 | €26,711 | €4,677 | ▼ 82.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €60,538 | €72,759 | €68,218 | €59,501 | €34,157 | ▼ 42.6% |
| Fixed assets21/28 | €49,836 | €51,487 | €39,774 | €24,830 | €7,388 | ▼ 70.2% |
| Intangible fixed assets21 | €40,000 | €30,000 | €20,000 | €10,000 | - | - |
| Tangible fixed assets22/27 | €6,336 | €18,207 | €16,494 | €11,550 | €6,990 | ▼ 39.5% |
| Plant, machinery and equipment23 | €5,840 | €3,646 | €5,212 | €3,115 | €4,261 | ▲ 36.8% |
| Furniture and vehicles24 | €496 | €14,561 | €11,282 | €8,436 | €2,729 | ▼ 67.6% |
| Financial fixed assets28 | €3,500 | €3,280 | €3,280 | €3,280 | €398 | ▼ 87.9% |
| Current assets29/58 | €10,702 | €21,272 | €28,443 | €34,671 | €26,769 | ▼ 22.8% |
| Amounts receivable within one year40/41 | €9,521 | €4,157 | €18,813 | €705 | €2,064 | ▲ 193% |
| Trade receivables40 | €9,499 | €4,134 | €18,811 | €704 | €2,064 | ▲ 193% |
| Other amounts receivable41 | €23 | €23 | €2 | €2 | - | - |
| Cash at bank and in hand54/58 | €1,180 | €12,951 | €8,989 | €33,543 | €24,275 | ▼ 27.6% |
| Deferred charges and accrued income490/1 | - | €4,163 | €641 | €422 | €430 | ▲ 1.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €60,538 | €72,759 | €68,218 | €59,501 | €34,157 | ▼ 42.6% |
| Equity10/15 | -€109,210 | -€101,009 | -€113,052 | -€86,340 | -€81,663 | ▲ 5.4% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | -€117,270 | -€109,069 | -€121,112 | -€94,400 | -€89,723 | ▲ 5.0% |
| Amounts payable17/49 | €169,748 | €173,768 | €181,270 | €145,841 | €115,820 | ▼ 20.6% |
| Amounts payable after more than one year17 | €123,583 | €112,119 | €100,496 | €88,712 | €79,767 | ▼ 10.1% |
| Financial debts170/4 | €43,816 | €32,352 | €20,729 | €8,945 | - | - |
| Trade debts175 | €79,767 | €79,767 | €79,767 | €79,767 | €79,767 | = |
| Amounts payable within one year42/48 | €46,165 | €61,649 | €80,773 | €57,129 | €36,053 | ▼ 36.9% |
| Current portion of amounts payable after more than one year42 | €11,307 | €11,464 | €11,623 | €11,784 | €8,945 | ▼ 24.1% |
| Trade debts44 | €16,708 | €10,258 | €12,881 | €4,450 | €3,132 | ▼ 29.6% |
| Suppliers440/4 | €8,727 | €10,258 | €12,881 | €4,450 | €3,132 | ▼ 29.6% |
| Bills of exchange payable441 | €7,981 | - | - | - | - | - |
| Advances received on contracts in progress46 | - | €2,724 | - | - | - | - |
| Taxes, remuneration and social security45 | €2,504 | €2,708 | €6,947 | €8,820 | €2,887 | ▼ 67.3% |
| Taxes450/3 | €645 | €1,337 | €5,576 | €7,449 | €1,516 | ▼ 79.6% |
| Remuneration and social security454/9 | €1,859 | €1,371 | €1,371 | €1,371 | €1,371 | = |
| Other amounts payable47/48 | €15,647 | €34,495 | €49,322 | €32,076 | €21,089 | ▼ 34.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€34,388 | €8,202 | -€12,043 | €26,711 | €4,677 | ▼ 82.5% |
| + Depreciation and write-downs630 | €13,147 | €13,236 | €17,696 | €17,743 | €16,539 | ▼ 6.8% |
| Operating cash flow (approximation) | -€21,240 | €21,438 | €5,653 | €44,455 | €21,216 | ▼ 52.3% |
| Investment in fixed assets (approximation) | - | -€14,887 | -€5,983 | -€2,799 | €903 | ▲ 132% |
| Change in cash | - | €11,771 | -€3,962 | €24,554 | -€9,269 | ▼ 138% |
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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Back to profitnet €26,711
Net result €26,711 after one loss-making year.
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €8,202
Net result €8,202 after 4 loss-making years.
03-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 3 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet -€51,831
Net result drops to -€51,831, the lowest in the series; recovery starts the following year.
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
12-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 12 days late
2018
20-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-06
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 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
6 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, Profondeville · 1 establishment unit since 2016
Ground area
969 m²
Building footprint
158 m²
Volume, LiDAR
743 m³
Parcel 92014B0119/00V000, Wallonia · tallest building 6.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BE STAGE
since 20162.249.083.867
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92014B0119/00V000 | Wallonia | 969 m² | 1 · 158 m² | 6.6 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
Wallonia-Brussels Federation
2021 · 2 entries · 10,000 EUR in total| Year | Entries | paid |
|---|---|---|
| 2021 | 2 | 10,000 EUR |
Similar companies · same sector, comparable size
SUBTILT
BE 0821.291.377
Mouscron · Eq €11,916
AUVIDEX
BE 0864.712.438
Genappe · Eq €11,917
COLLECTIONS ET PATRIMOINES
BE 0435.015.306
Welkenraedt · Eq €11,620
FOCALISE
BE 0468.454.273
Waterloo · Eq €11,493
VISIBEL
BE 0871.321.108
Edegem · Eq €11,479
Of 3,395 companies in sector 90393 we hold annual accounts for 942. 515 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
Founded07-01-2016
Fiscal year end31-12
Trade name FR
TOOLive
Activities, NACEBEL 2025
90393Specialised image, lighting and sound technical services
46431Wholesale of electrical household appliances and audio-video equipment
47552Retail sale of lighting equipment
85592Vocational training
90391Promotion and organisation of arts and performing arts events
Contact
Website
www.bestage.be
E-mail
info@bestage.be
E-mail
sebastien@bestage.beProfondeville
Phone
0474/41.78.34Profondeville
E-invoicing
Reachable via Peppol
Peppol ID
0208:0645717320
Also
9925:BE0645717320
Registered
12-05-2026
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.