detheatermaker
ActiveSummary
detheatermaker has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €176k and a net result of €-7k. Equity is growing by ~34.4% per year across the filed fiscal years. Its solvency ranks better than 60% of 1991 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
79
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability16▼-74
Solvency86▼-3
Growth52=
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 7.96 against 7.72 in 2024; short-term debt: 12.4% and cash: 65.7% of total assets), and 39.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers 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 →
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-09-2026, 40 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 · 4 filingsDeviation from the deadline
2025
40 d late
2024
3 d early
2023
44 d late
2022
90 d early
← 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€176k▲ 8.0%
2024 · €163k
2022: €16k
2023: €119k
2024: €163k
2022 → 2025
Total assets
€288k▲ 12.6%
2024 · €256k
2022: €189k
2023: €168k
2024: €256k
2022 → 2025
Net result
€-7k
2024 · €44k
2022: €79k
2023: €103k
2024: €44k
2022 → 2025
Working capital
€248k▲ 14.5%
2024 · €217k
2022: €146k
2023: €126k
2024: €217k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€16k-€119k▲ 638%€163k▲ 36.7%€176k▲ 8.0%
Operating result€79k-€112k▲ 40.5%€44k▼ 60.6%€-9k
Net result€79k-€103k▲ 29.8%€44k▼ 57.5%€-7k
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 €9k after €44k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €288k
Fixed assets
€4k ▼ 37.2%
Current assets
€284k ▲ 14.0%
Equity and liabilities €288k
Equity
€176k ▲ 8.0%
Debt
€113k ▲ 20.7%
Debt's share of the balance-sheet total rises from 36.5% to 39.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€-6k▼
2024 · €45k
Cash flow
€-4k▼
2024 · €44k
Current ratio
7.96▲
2024 · 7.72
Debt to equity
0.64▲
2024 · 0.57
ROE
-4.0%▼
2024 · 26.9%
ROA
-2.4%▼
2024 · 17.1%
Interest coverage
-14.48▼
2024 · 151.42
Debt ≤ 1 year
€36k▲
2024 · €32k
Staff costs
€270k▲
2024 · €244k
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 · 39 lines
Balance sheet
Code20242025
Assets
Total assets20/58€256k€288k▲
Fixed assets21/28€7k€4k▼
Tangible fixed assets22/27€7k€4k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€4k€2k▼
Current assets29/58€249k€284k▲
Amounts receivable within one year40/41€65k€88k▲
Trade receivables40€19k€31k▲
Other amounts receivable41€46k€57k▲
Cash at bank and in hand54/58€182k€189k▲
Deferred charges and accrued income490/1€3k€7k▲
Equity and liabilities
Total equity and liabilities10/49€256k€288k▲
Equity10/15€163k€176k▲
Reserves13€28k€25k▼
Profit (loss) carried forward14€135k€151k▲
Amounts payable17/49€93k€113k▲
Amounts payable within one year42/48€32k€36k▲
Trade debts44€19k€10k▼
Suppliers440/4€19k€10k▼
Taxes, remuneration and social security45€14k€26k▲
Taxes450/3-€3k
Remuneration and social security454/9€14k€23k▲
Accrued charges and deferred income492/3€61k€77k▲
Income statement
Code20242025
Remuneration, social security and pensions62€244k€270k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€776€3k▲
Gross operating margin9900€289k€284k▼
Operating profit (loss)9901€44k€-9k▼
Financial income75/76B€18€2k▲
Recurring financial income75€18€76▲
Non-recurring financial income76B-€2k
Financial charges65/66B€295€438▲
Recurring financial charges65€295€438▲
Profit (loss) for the period before taxes9903€44k€-7k▼
Profit (loss) for the period9904€44k€-7k▼
Profit (loss) for the period to be appropriated9905€44k€-7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€163k€128k▼
Profit (loss) brought forward from the previous period14P€119k€135k▲
From contributions791-€26k
To contributions691€28k€3k▼
The notes to these accounts (4 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
09-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 40 days late
2025
31-12
Financial
Weakest financial yearnet €-7k
Net result drops to €-7k, the lowest in the series.
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €150kEq €163k ▲36.7%
3 profitable years in a row build equity to €163k.
13-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 44 days late
2023
31-12
Financial
Highest result since 2022net €103k ▲29.8%
Operating result €112k, net result €103k, both a record.
31-12
Financial
Equity above €100kEq €119k ▲638%
2 profitable years in a row build equity to €119k.
02-05
NBB filing
Annual accounts filed
fiscal year 2022 · 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.
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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, Antwerpen · 1 establishment unit since 2008
Ground area
1,395 m²
Building footprint
1,348 m²
Volume, LiDAR
18,758 m³
Parcel 11003B0035/00H048, Flanders · tallest building 18.7 m, ±5 floors. Linked by address, not a title deed.
9
companies at this address
See who is registered here
1 establishment unit
DETHEATERMAKER
since 20082.195.727.236
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11003B0035/00H048 | Flanders | 1,395 m² | 1 · 1,348 m² | 18.7 m · 5 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 2025 · 10 entries · 1,469,724 EUR awarded · 1,423,044 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 3 | 421,658 EUR | 417,414 EUR |
| 2024 | 2 | 376,389 EUR | 372,079 EUR |
| 2023 | 3 | 339,255 EUR | 333,828 EUR |
| 2022 | 2 | 332,422 EUR | 299,723 EUR |
Schemes
Professionele kunsten: Werkingssubsidie voor een kunstenorganisatie voor een periode van 5 jaar (Kunstendecreet 2021)
Professionele kunsten: Projectsubsidie voor een initiatief van een kunstenaar, een kunstwerker of een kunstenorganisatie (Kunstendecreet 2021)
Professionele kunsten: Werkingssubsidie voor een professionele kunstenorganisatie (Kunstendecreet 2013)
Professionele kunsten: Projectsubsidie voor de internationale presentatie van een kunstproductie (Kunstendecreet 2021)
Similar companies · same sector, comparable size
Oxalys
BE 0451.435.822
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Sering
BE 0455.855.062
Antwerpen · Eq €170,381
IN THE AIR
BE 0846.553.147
Liège · Eq €168,823
COMPAGNIE MAANDACHT
BE 0882.430.675
Bertem · Eq €183,556
B'Rock Orchestra
BE 0873.809.751
Gent · Eq €184,146
Of 2,276 companies in sector 90202 we hold annual accounts for 413. 305 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 formNon-profit association
Founded28-12-2006
Fiscal year end31-12
Abbreviation NL
dtm
Activities, NACEBEL 2025
90202Performing arts by artistic ensembles
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.