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DS THEMING

Active
Private limited companyfounded 20251 yr activeRue Vaudrée 239, 4031 Liège, BelgiumKBO/BCE: BE 1023.815.303

DS THEMING has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €76k and a net result of €87k. Its solvency ranks better than 58% of 1970 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
93 / 100
Excellent
The score combines four axes. Every signal that weighs is under Signals.
Axes
Profitability100
Solvency95
Growth-
Stability67
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days only on tighter terms
Liquidity ample (current ratio 1.85), and 41.2% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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 · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 1 year 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
58.8%
Return on assets
67.4%
Age of the figures
8 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 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 · 1 filing
Deviation from the deadline
2025
25 d late
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€76k
Total assets
€128k
Net result
€87k
Working capital
€42k

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €128k
Fixed assets €36k
Current assets €92k
Equity and liabilities €128k
Equity €76k
Debt €53k
Debt finances 41.2% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€111k
Cash flow
€89k
Solvency
58.8%
Current ratio
1.85
Quick ratio
1.85
Debt / equity
0.70
ROE
114.6%
ROA
67.4%
Interest coverage
780.86
Debt
€53k
Debt ≤ 1 year
€50k
Income taxes
€22k
Filed annual accounts
As filed with the NBB · 2025
Balance sheet Code2025
Assets
Total assets20/58€128k
Formation expenses20€517
Fixed assets21/28€36k
Tangible fixed assets22/27€32k
Plant, machinery and equipment23€21k
Furniture and vehicles24€11k
Financial fixed assets28€4k
Current assets29/58€92k
Amounts receivable within one year40/41€23k
Trade receivables40€14k
Other amounts receivable41€9k
Cash at bank and in hand54/58€68k
Deferred charges and accrued income490/1€832
Equity and liabilities
Total equity and liabilities10/49€128k
Equity10/15€76k
Contributions10/11€2k
Profit (loss) carried forward14€74k
Amounts payable17/49€53k
Amounts payable within one year42/48€50k
Trade debts44€5k
Suppliers440/4€5k
Taxes, remuneration and social security45€23k
Taxes450/3€23k
Remuneration and social security454/9€285
Other amounts payable47/48€22k
Accrued charges and deferred income492/3€3k
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k
Gross operating margin9900€111k
Operating profit (loss)9901€109k
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€142
Recurring financial charges65€142
Profit (loss) for the period before taxes9903€108k
Income taxes67/77€22k
Profit (loss) for the period9904€87k
Profit (loss) for the period to be appropriated9905€87k
Appropriation of the result
Profit (loss) to be appropriated9906€87k
Profit to be distributed694/7€13k
Return on contributions (dividend)694€13k

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2026
25-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
NBB filing

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, Liège · 1 establishment unit since 2025
establishment The establishment unit on the map
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.

Rue Vaudrée 2394031 Liège
Ground area
145 m²
Building footprint
58 m²
Volume, LiDAR
554 m³
Parcel 62002B0170/00R023, Wallonia · tallest building 11.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
DS THEMING
Rue Vaudrée 239, 4031 LiègeVisual arts creation
since 20252.378.344.087
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62002B0170/00R023 Wallonia 145 m² 1 · 58 m² 11.1 m · 3 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.

Similar companies · same sector, comparable size

Of 666 companies in sector 90392 we hold annual accounts for 204. 167 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded28-05-2025
Fiscal year end31-12
Activities, NACEBEL
90392Design and construction of stages and sets
90120Visual arts creation
90130Arts creation and performing arts activities
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.