CREATIVE STAGE SOLUTIONS
ActiveSummary
CREATIVE STAGE SOLUTIONS has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.01M and a net result of €245k. Equity is growing by ~55.2% per year across the filed fiscal years. Its solvency ranks better than 56% of 534 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
76
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability84▼-9
Solvency74▼-3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75k at 30 days acceptable
Liquidity tight (current ratio 1.2 against 0.96 in 2024; short-term debt: 22.4% and cash: 10.6% of total assets), and 50.6% of the assets are financed with debt.
Credit advice for your own amount and term
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
Sector 90
lower
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
49.4%
Return on assets
12%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-07-2026, 9 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
9 d early
2024
25 d late
2023
22 d late
2022
18 d late
2021
29 d late
2020
26 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.01M▲ 32.2%
2024 · €761k
2020: €6k
2021: €116k
2022: €273k
2023: €481k
2024: €761k
2020 → 2025
Total assets
€2.04M▲ 39.1%
2024 · €1.46M
2020: €363k
2021: €390k
2022: €676k
2023: €1.17M
2024: €1.46M
2020 → 2025
Net result
€245k▼ 12.6%
2024 · €280k
2020: €170
2021: €97k
2022: €157k
2023: €208k
2024: €280k
2020 → 2025
Working capital
€92k
2024 · €-18k
2020: €-63k
2021: €-13k
2022: €-98k
2023: €90k
2024: €-18k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€116k-€273k▲ 136%€481k▲ 76.3%€761k▲ 58.2%€1.01M▲ 32.2%
Operating result€102k-€187k▲ 83.8%€281k▲ 50.7%€376k▲ 33.6%€328k▼ 12.8%
Net result€97k-€157k▲ 62.6%€208k▲ 32.2%€280k▲ 34.6%€245k▼ 12.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 13% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.04M
Fixed assets
€1.49M ▲ 46.8%
Current assets
€549k ▲ 21.8%
Equity and liabilities €2.04M
Equity
€1.01M ▲ 32.2%
Debt
€1.03M ▲ 46.6%
Debt's share of the balance-sheet total rises from 48.0% to 50.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€677k▲
2024 · €585k
Cash flow
€594k▲
2024 · €489k
Current ratio
1.20▲
2024 · 0.96
Debt to equity
1.02▲
2024 · 0.92
ROE
24.3%▼
2024 · 36.8%
ROA
12.0%▼
2024 · 19.1%
Interest coverage
24.22▼
2024 · 34.29
Debt ≤ 1 year
€457k▼
2024 · €469k
Debt > 1 year
€521k▲
2024 · €229k
Income taxes
€61k▼
2024 · €84k
Staff costs
€145k▼
2024 · €153k
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 · 2025 against 2024 · 53 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.46M€2.04M▲
Fixed assets21/28€1.01M€1.49M▲
Intangible fixed assets21-€5k
Tangible fixed assets22/27€1.01M€1.48M▲
Plant, machinery and equipment23€829k€1.09M▲
Furniture and vehicles24€93k€148k▲
Leasing and similar rights25€60k€42k▼
Other tangible fixed assets26€27k€196k▲
Financial fixed assets28€5k€170▼
Current assets29/58€451k€549k▲
Amounts receivable within one year40/41€164k€133k▼
Trade receivables40€160k€111k▼
Other amounts receivable41€4k€22k▲
Current investments50/53€160k€160k=
Cash at bank and in hand54/58€120k€216k▲
Deferred charges and accrued income490/1€7k€41k▲
Equity and liabilities
Total equity and liabilities10/49€1.46M€2.04M▲
Equity10/15€761k€1.01M▲
Contributions10/11€19k€19k=
Reserves13€743k€987k▲
Non-distributable reserves130/1€160k€160k=
Own shares acquired1312€160k€160k=
Distributable reserves133€583k€827k▲
Amounts payable17/49€703k€1.03M▲
Amounts payable after more than one year17€229k€521k▲
Financial debts170/4€229k€521k▲
Amounts payable within one year42/48€469k€457k▼
Current portion of amounts payable after more than one year42€164k€232k▲
Trade debts44€144k€136k▼
Suppliers440/4€144k€136k▼
Taxes, remuneration and social security45€60k€21k▼
Taxes450/3€38k€2k▼
Remuneration and social security454/9€22k€19k▼
Other amounts payable47/48€102k€68k▼
Accrued charges and deferred income492/3€4k€52k▲
Income statement
Code20242025
Remuneration, social security and pensions62€153k€145k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€209k€349k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€29k€0▼
Other operating charges640/8€2k€2k▲
Gross operating margin9900€769k€824k▲
Operating profit (loss)9901€376k€328k▼
Financial income75/76B€6k€6k▲
Recurring financial income75€6k€6k▲
Financial charges65/66B€17k€28k▲
Recurring financial charges65€17k€28k▲
Profit (loss) for the period before taxes9903€364k€306k▼
Income taxes67/77€84k€61k▼
Profit (loss) for the period9904€280k€245k▼
Profit (loss) for the period to be appropriated9905€280k€245k▼
Appropriation of the result
Profit (loss) to be appropriated9906€280k€245k▼
Transfer to equity691/2€280k€245k▼
To other reserves6921€280k€245k▼
Social balance
Average headcount (FTE)9087-3.6
The notes to these accounts (21 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Equity above €1MEq €1.01M ▲32.2%
6 profitable years in a row build equity to €1.01M.
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
31-12
Financial
Highest result since 2020net €280k ▲34.6%
Operating result €376k, net result €280k, both a record.
31-12
Financial
Equity above €500kEq €761k ▲58.2%
5 profitable years in a row build equity to €761k.
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
18-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 18 days late
2022
31-12
Financial
Equity above €200kEq €273k ▲136%
3 profitable years in a row build equity to €273k.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-12
Financial
Equity above €100kEq €116k ▲1714%
2 profitable years in a row build equity to €116k.
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Waregem · 1 establishment unit since 2019
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.
Nijverheidstraat 1528791 WaregemGround area
2.7 ha
Building footprint
2,896 m²
Volume, LiDAR
21,401 m³
Parcel 34006A0466/00E000, Flanders · tallest building 10.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CREATIVE STAGE SOLUTIONS
since 20192.287.212.488
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34006A0466/00E000 | Flanders | 2.7 ha | 1 · 2,896 m² | 10.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 to 2023 · 2 entries · 461 EUR awarded · 461 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 254 EUR | 254 EUR |
| 2022 | 1 | 207 EUR | 207 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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GM PRODUCTIONS INTERNATIONAL
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G.D.A. Systems
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Of 671 companies in sector 90392 we hold annual accounts for 206. 79 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
Founded21-03-2019
Fiscal year end31-12
Abbreviation NL
CSS
Activities, NACEBEL 2025
90392Design and construction of stages and sets
70200Business and other management consultancy
77222Rental and leasing activities
77229Renting and leasing of other personal and household goods
77320Rental and leasing activities
77392Rental and leasing activities
82300Organisation of conventions and trade shows
90393Specialised image, lighting and sound technical services
90391Promotion and organisation of arts and performing arts events
93299Other amusement and recreation activities
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:000000000