LONG PLAY PRO AUDIO
ActiveSummary
The computed 12-month bankruptcy probability of LONG PLAY PRO AUDIO is 2.7% (moderate). The 2024 annual accounts show equity of €47k and a net result of €-312. Equity is growing by ~81.3% per year across the filed fiscal years. Its solvency ranks better than 46% of 26043 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
41
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability33▼-60
Solvency52▼-19
Growth85=
Track record94
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days only on tighter terms
Liquidity tight (current ratio 1.46 against 3.14 in 2023; short-term debt: 67.1% and cash: 7.5% of total assets), and 72.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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
27.5%
Return on assets
-0.2%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-10-2025, 92 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
92 d late
2023
23 d late
2022
31 d late
2021
31 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€335k▲ 47.1%
2022 · €228k
2021: €114k
2022: €228k
2021 → 2023
EBIT margin
14.2%▼ 5.5pp
2022 · 19.7%
2021: -26.3%
2022: 19.7%
2021 → 2023
Net result
€-312
2023 · €36k
2021: €-31k
2022: €40k
2023: €36k
2021 → 2024
Working capital
€52k▼ 22.4%
2023 · €67k
2021: €18k
2022: €44k
2023: €67k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Turnover€114k-€228k▲ 99.5%€335k▲ 47.1%
Equity€-28k-€11k€47k▲ 327%€47k▼ 0.7%
Operating result€-30k-€45k€48k▲ 6.1%€684▼ 98.6%
Net result€-31k-€40k€36k▼ 8.7%€-312
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 99% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €170k
Fixed assets
€4k ▼ 12.6%
Current assets
€166k ▲ 68.7%
Equity and liabilities €170k
Equity
€47k ▼ 0.7%
Debt
€123k ▲ 121%
Debt's share of the balance-sheet total rises from 54.3% to 72.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€2k▼
2023 · €49k
Cash flow
€1k▼
2023 · €38k
Current ratio
1.46▼
2023 · 3.14
Debt to equity
2.64▲
2023 · 1.19
ROE
-0.7%▼
2023 · 76.6%
ROA
-0.2%▼
2023 · 35.0%
Interest coverage
1.71▼
2023 · 26.52
Debt ≤ 1 year
€114k▲
2023 · €31k
Debt > 1 year
€9k▼
2023 · €24k
Income taxes
€995▼
2023 · €10k
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 · 2024 against 2023 · 40 lines
Balance sheet
Code20232024
Assets
Total assets20/58€103k€170k▲
Fixed assets21/28€4k€4k▼
Tangible fixed assets22/27€4k€4k▼
Plant, machinery and equipment23€485€304▼
Furniture and vehicles24€4k€4k▼
Current assets29/58€99k€166k▲
Amounts receivable within one year40/41€88k€154k▲
Trade receivables40€62k€133k▲
Other amounts receivable41€26k€20k▼
Cash at bank and in hand54/58€11k€13k▲
Equity and liabilities
Total equity and liabilities10/49€103k€170k▲
Equity10/15€47k€47k▼
Contributions10/11€3k€3k=
Profit (loss) carried forward14€44k€44k▼
Amounts payable17/49€56k€123k▲
Amounts payable after more than one year17€24k€9k▼
Financial debts170/4€24k€9k▼
Amounts payable within one year42/48€31k€114k▲
Current portion of amounts payable after more than one year42€15k€15k▲
Trade debts44-€83k
Suppliers440/4-€83k
Advances received on contracts in progress46-€5k
Taxes, remuneration and social security45€17k€11k▼
Taxes450/3€17k€11k▼
Other amounts payable47/48€0-
Income statement
Code20232024
Turnover70€335k-
Goods, raw materials, services and sundry goods60/61€286k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€2k▲
Gross operating margin9900€49k€2k▼
Operating profit (loss)9901€48k€684▼
Financial income75/76B€11€1k▲
Recurring financial income75€11€1k▲
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€46k€683▼
Income taxes67/77€10k€995▼
Profit (loss) for the period9904€36k€-312▼
Profit (loss) for the period to be appropriated9905€36k€-312▼
Appropriation of the result
Profit (loss) to be appropriated9906€44k€44k▼
Profit (loss) brought forward from the previous period14P€8k€44k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 92 days late
2024
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Back to profitnet €40k
Net result €40k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 2.79
Current ratio from 1.39 to 2.79; short-term debt falls from €46k to €25k.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Waterloo · 1 establishment unit since 2021
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 de la Station 611410 WaterlooGround area
2,851 m²
Building footprint
483 m²
Volume, LiDAR
3,175 m³
2 parcels, Brussels, Wallonia · tallest building 10.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
LONG PLAY PRO AUDIO
since 20212.317.618.327
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21382C0034/00S006 | Brussels | 2,633 m² | 1 · 433 m² | 9.4 m · 2 fl. |
| 25110B0005/00_000 | Wallonia | 218 m² | 1 · 50 m² | 10.7 m · 3 fl. |
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.
Similar companies · same sector, comparable size
PH-ONE
BE 0766.378.984
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SERVYNET
BE 0888.338.668
Mouscron · Eq €46,946
4HEALTHSTREAM
BE 0811.722.724
Wemmel · Eq €46,551
CEDRIC.NET
BE 0881.066.638
Wasseiges · Eq €46,534
BLUECIE
BE 0634.969.126
Hasselt · Eq €47,091
Of 3,226 companies in sector 47400 we hold annual accounts for 1,806. 1,432 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
Founded25-05-2021
Fiscal year end31-12
Activities, NACEBEL 2025
47400Retail sale of information and communication equipment
59202Motion picture, video and television programme production, sound recording and music publishing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.longplayproaudio.com
E-mail:longplayproaudio@gmail.com