laGeste
ActivelaGeste has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €250k and a net result of €2k. Equity is growing by ~62.3% per year across the filed fiscal years. Its solvency ranks better than 46% of 537 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2024
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability33=
Solvency65▼-9
Growth85=
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 1.77 against 1.92 in 2023; short-term debt: 33.5% and cash: 11.4% of total assets), but 59.6% 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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-06-2025, 58 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
58 d early
2023
34 d early
2022
6 d early
2021
122 d early
2020
113 d early
2019
119 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Turnover
€678k▼ 25.6%
2021 · €911k
2020: €137k
2021: €911k
2020 → 2022
EBIT margin
6.3%▼ 1.0pp
2021 · 7.3%
2020: 23.9%
2021: 7.3%
2020 → 2022
Net result
€2k
2023 · €-12k
2018: €-256k
2019: €25k
2020: €43k
2021: €103k
2022: €46k
2023: €-12k
2018 → 2024
Working capital
€160k▼ 47.5%
2023 · €305k
2018: €72k
2019: €55k
2020: €96k
2021: €157k
2022: €60k
2023: €305k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€137k-€911k▲ 565%€678k▼ 25.6%
Equity€24k-€237k▲ 895%€263k▲ 10.8%€427k▲ 62.5%€250k▼ 41.4%
Operating result€33k-€66k▲ 102%€42k▼ 35.9%€-218k€-144k▲ 34.0%
Net result€43k-€103k▲ 138%€46k▼ 55.1%€-12k€2k
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 stays negative: a loss of €144k in 2024 against €218k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €619k
Fixed assets
€251k▲ 7.0%
Current assets
€368k▼ 42.1%
Equity and liabilities €619k
Equity
€250k▼ 41.4%
Provisions
€29k▲ 36.0%
Debt
€340k▼ 19.4%
The debt ratio rises from 48.5% to 54.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€48k▲
2023 · €44k
Cash flow
€194k▼
2023 · €250k
Solvency
40.4%▼
2023 · 49.1%
Current ratio
1.77▼
2023 · 1.92
Quick ratio
1.77▼
2023 · 1.92
Debt / equity
1.36▲
2023 · 0.99
ROE
0.9%▲
2023 · -2.7%
ROA
0.4%▲
2023 · -1.3%
Interest coverage
1.71▼
2023 · 1.87
Debt
€340k▼
2023 · €421k
Debt ≤ 1 year
€207k▼
2023 · €330k
Income taxes
€674▲
2023 · €0
Staff costs
€866k▼
2023 · €1.08M
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€869k€619k▼
Fixed assets21/28€234k€251k▲
Intangible fixed assets21€151k€171k▲
Tangible fixed assets22/27€18k€13k▼
Plant, machinery and equipment23€495€20▼
Furniture and vehicles24€385€0▼
Other tangible fixed assets26€17k€13k▼
Financial fixed assets28€66k€66k▲
Current assets29/58€635k€368k▼
Stocks and contracts in progress3€0-
Stocks30/36€0-
Amounts receivable within one year40/41€209k€178k▼
Trade receivables40€145k€111k▼
Other amounts receivable41€64k€67k▲
Current investments50/53€250€250=
Cash at bank and in hand54/58€330k€71k▼
Deferred charges and accrued income490/1€96k€119k▲
Equity and liabilities
Total equity and liabilities10/49€869k€619k▼
Equity10/15€427k€250k▼
Contributions10/11€-73k€-87k▼
Capital10€-73k€-87k▼
Reserves13€200k€200k=
Profit (loss) carried forward14€235k€51k▼
Investment grants15€64k€87k▲
Provisions and deferred taxes16€21k€29k▲
Deferred taxes168€21k€29k▲
Amounts payable17/49€421k€340k▼
Amounts payable within one year42/48€330k€207k▼
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€157k€97k▼
Suppliers440/4€157k€97k▼
Taxes, remuneration and social security45€173k€110k▼
Taxes450/3€59k€33k▼
Remuneration and social security454/9€114k€77k▼
Accrued charges and deferred income492/3€92k€132k▲
Income statement
Code20232024
Non-recurring operating income76A€3k€11k▲
Remuneration, social security and pensions62€1.08M€866k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€262k€192k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€1k€10k▲
Other operating charges640/8€3k€12k▲
Non-recurring operating charges66A€4k€784▼
Gross operating margin9900€1.13M€936k▼
Operating profit (loss)9901€-218k€-144k▲
Financial income75/76B€230k€175k▼
Recurring financial income75€230k€175k▼
Financial charges65/66B€23k€28k▲
Recurring financial charges65€23k€28k▲
Profit (loss) for the period before taxes9903€-12k€3k▲
Income taxes67/77€0€674▲
Profit (loss) for the period9904€-12k€2k▲
Profit (loss) for the period to be appropriated9905€-12k€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€235k€51k▼
Profit (loss) brought forward from the previous period14P€247k€48k▼
Social balance
Average headcount (FTE)90879.29.0▼
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
03-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €103k ▲138%
Operating result €66k, net result €103k, both a record.
31-12
Financial
Equity above €200kEq €237k ▲895%
3 profitable years in a row build equity to €237k.
09-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
03-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €25k
Net result €25k after one loss-making year.
24-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 55 days late
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 394 days late
2017
06-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 37 days late
2016
31-05
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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, Gent · 2 establishment units since 2006
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.
Bijlokekaai 19000 GentGround area
1.4 ha
Building footprint
335 m²
Volume, LiDAR
3,253 m³
2 parcels, Flanders · tallest building 16.6 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
LAGESTE
since 20062.154.828.670
LAGESTE
since 20182.275.551.506
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44807G0098/00Y002 | Flanders | 1.3 ha | 1 · 335 m² | 16.6 m · 3 fl. |
| 44806F0651/00V000 | Flanders | 700 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 6 entries · 3,844,895 EUR awarded · 3,745,971 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 995,962 EUR | 985,820 EUR |
| 2024 | 1 | 936,670 EUR | 930,441 EUR |
| 2023 | 2 | 918,403 EUR | 932,341 EUR |
| 2022 | 1 | 993,860 EUR | 897,369 EUR |
Schemes
Professionele kunsten: Werkingssubsidie voor een kunstenorganisatie voor een periode van 5 jaar (Kunstendecreet 2021)
Professionele kunsten: Werkingssubsidie voor een professionele kunstenorganisatie (Kunstendecreet 2013)
Professionele kunsten: Projectsubsidie voor een initiatief van een kunstenaar, een kunstwerker of een kunstenorganisatie (Kunstendecreet 2021)
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Of 8,304 companies in sector 90201 we hold annual accounts for 601. 425 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formNon-profit association
Founded03-06-1986
Fiscal year end31-12
Activities, NACEBEL
90201Performing arts by independent artists
90202Performing arts by artistic ensembles
92311
92312
90393Specialised image, lighting and sound technical services
92313
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.