E.W. PRODUCTION
ActiveE.W. PRODUCTION has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €65k and a net result of €37k. Equity is growing by ~4.6% per year across the filed fiscal years. Its solvency ranks better than 36% of 2465 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
80
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability92▲+3
Solvency57▼-11
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity tight (current ratio 1.45 against 1.36 in 2023; short-term debt: 38.6% and cash: 33.4% of total assets), and 68% 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 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
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
32%
Return on assets
18.5%
Age of the figures
21 mo
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 · 7 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
29 d late
2022
23 d late
2021
31 d late
2020
26 d late
2019
43 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€65k▲ 57.0%
2023 · €41k
2018: €49k
2019: €64k
2020: €20k
2021: €34k
2022: €46k
2023: €41k
2018 → 2024
Total assets
€202k▲ 109%
2023 · €97k
2018: €131k
2019: €160k
2020: €97k
2021: €118k
2022: €94k
2023: €97k
2018 → 2024
Net result
€37k▲ 138%
2023 · €16k
2018: €22k
2019: €15k
2020: €-44k
2021: €14k
2022: €12k
2023: €16k
2018 → 2024
Working capital
€35k▲ 86.2%
2023 · €19k
2018: €28k
2019: €41k
2020: €-2k
2021: €11k
2022: €21k
2023: €19k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€20k-€34k▲ 71.8%€46k▲ 36.5%€41k▼ 10.2%€65k▲ 57.0%
Operating result€-43k-€15k€13k▼ 12.8%€17k▲ 31.2%€43k▲ 152%
Net result€-44k-€14k€12k▼ 12.7%€16k▲ 28.4%€37k▲ 138%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 152% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €202k
Fixed assets
€90k▲ 239%
Current assets
€113k▲ 60.7%
Equity and liabilities €202k
Equity
€65k▲ 57.0%
Debt
€138k▲ 148%
The debt ratio rises from 57.3% to 68.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€56k▲
2023 · €36k
Cash flow
€51k▲
2023 · €34k
Solvency
32.0%▼
2023 · 42.7%
Current ratio
1.45▲
2023 · 1.36
Quick ratio
1.33▲
2023 · 1.23
Debt / equity
2.13▲
2023 · 1.34
ROE
57.9%▲
2023 · 38.2%
ROA
18.5%▲
2023 · 16.3%
Interest coverage
29.38▼
2023 · 52.47
Debt
€138k▲
2023 · €55k
Debt ≤ 1 year
€78k▲
2023 · €52k
Debt > 1 year
€60k▲
2023 · €4k
Income taxes
€4k▲
2023 · €682
Staff costs
€34k▲
2023 · €16k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€97k€202k▲
Fixed assets21/28€26k€90k▲
Tangible fixed assets22/27€26k€90k▲
Plant, machinery and equipment23€9k€33k▲
Furniture and vehicles24€15k€9k▼
Leasing and similar rights25€0€46k▲
Other tangible fixed assets26€2k€2k▼
Current assets29/58€70k€113k▲
Stocks and contracts in progress3€7k€9k▲
Stocks30/36€7k€9k▲
Contracts in progress37-€60
Amounts receivable within one year40/41€8k€35k▲
Trade receivables40€8k€35k▲
Other amounts receivable41€399€561▲
Cash at bank and in hand54/58€53k€68k▲
Deferred charges and accrued income490/1€3k€795▼
Equity and liabilities
Total equity and liabilities10/49€97k€202k▲
Equity10/15€41k€65k▲
Contributions10/11€19k€19k=
Reserves13€23k€46k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€21k€44k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€55k€138k▲
Amounts payable after more than one year17€4k€60k▲
Financial debts170/4€4k€60k▲
Amounts payable within one year42/48€52k€78k▲
Current portion of amounts payable after more than one year42€7k€17k▲
Financial debts43€955€136▼
Credit institutions430/8€955€136▼
Trade debts44€17k€4k▼
Suppliers440/4€17k€4k▼
Taxes, remuneration and social security45€4k€20k▲
Taxes450/3€4k€15k▲
Remuneration and social security454/9€0€6k▲
Other amounts payable47/48€23k€36k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20232024
Remuneration, social security and pensions62€16k€34k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€13k▼
Other operating charges640/8€1k€2k▲
Gross operating margin9900€53k€92k▲
Operating profit (loss)9901€17k€43k▲
Financial income75/76B€7€0▼
Recurring financial income75€7€0▼
Financial charges65/66B€677€2k▲
Recurring financial charges65€677€2k▲
Profit (loss) for the period before taxes9903€16k€41k▲
Income taxes67/77€682€4k▲
Profit (loss) for the period9904€16k€37k▲
Profit (loss) for the period to be appropriated9905€16k€37k▲
Appropriation of the result
Profit (loss) to be appropriated9906€7k€37k▲
Profit (loss) brought forward from the previous period14P€-9k-
Transfer from equity791/2€20k€14k▼
Transfer to equity691/2€7k€37k▲
To other reserves6921€7k€37k▲
Profit to be distributed694/7€20k€14k▼
Return on contributions (dividend)694€20k€14k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Highest result since 2018net €37k ▲138%
Operating result €43k, net result €37k, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
31-12
Financial
Weakest financial yearnet €-44k ▼390%
Net result drops to €-44k, the lowest in the series; recovery starts the following year.
18-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · 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
3 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, Vielsalm · 1 establishment unit since 2011
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.
Mont 156698 VielsalmGround area
1,790 m²
Building footprint
212 m²
2 parcels, Wallonia. Linked by address, not a title deed.
1 establishment unit
E.W. PRODUCTION
since 20112.206.729.313
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 82011B1917/00B000 | Wallonia | 1,697 m² | 1 · 110 m² | - |
| 82011B1740/00H000 | Wallonia | 94 m² | 1 · 101 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
98450095E9DE92F0FE77
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APSARA AND SOUND
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MIMICRY
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WIRE ENTANGLEMENT PRODUCTIONS
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Of 8,303 companies in sector 90201 we hold annual accounts for 602. 489 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-12-2011
Fiscal year end31-12
Activities, NACEBEL
90021Arts creation and performing arts activities
90032Arts creation and performing arts activities
90201Performing arts by independent artists
90391Promotion and organisation of arts and performing arts events
16281Manufacture of other wood products
31009Manufacture of furniture
81300Landscape service activities
90022Arts creation and performing arts activities
90029Arts creation and performing arts activities
90111Literary creation
90120Visual arts creation
90392Design and construction of stages and sets
90399Other support activities for arts and performing arts
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.