MAINSTAGE
ActiveMAINSTAGE has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €174k and a net result of €52k. Equity is growing by ~29.2% per year across the filed fiscal years. Its solvency ranks better than 72% of 17964 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
100
/ 100
Excellent▲ +46 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+99
Solvency90▲+35
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity ample (current ratio 1.6 against 0.76 in 2024), and 39.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
60.8%
Return on assets
18.4%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 10 filingsDeviation from the deadline
2025
28 d late
2024
29 d late
2023
on the day
2022
17 d early
2021
124 d late
2020
34 d early
2019
89 d late
← before the deadline
after the deadline →
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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€174k▲ 43.2%
2024 · €121k
2018: €50k
2019: €33k
2020: €-34k
2021: €-24k
2022: €95k
2023: €121k
2024: €121k
2018 → 2025
Total assets
€286k▼ 8.1%
2024 · €311k
2018: €321k
2019: €312k
2020: €243k
2021: €202k
2022: €319k
2023: €390k
2024: €311k
2018 → 2025
Net result
€52k▲ 17,942%
2024 · €290
2018: €13k
2019: €-17k
2020: €-67k
2021: €10k
2022: €119k
2023: €26k
2024: €290
2018 → 2025
Working capital
€58k
2024 · €-31k
2018: €-92k
2019: €-70k
2020: €-99k
2021: €-56k
2022: €-18k
2023: €-71k
2024: €-31k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-24k-€95k€121k▲ 27.2%€121k▲ 0.2%€174k▲ 43.2%
Operating result€12k-€139k▲ 1,086%€41k▼ 70.4%€10k▼ 75.1%€78k▲ 657%
Net result€10k-€119k▲ 1,138%€26k▼ 78.3%€290▼ 98.9%€52k▲ 17,942%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 657% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €286k
Fixed assets
€131k▼ 39.2%
Current assets
€155k▲ 61.6%
Equity and liabilities €286k
Equity
€174k▲ 43.2%
Debt
€112k▼ 41.0%
The debt ratio falls from 61.0% to 39.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€182k▲
2024 · €118k
Cash flow
€157k▲
2024 · €109k
Solvency
60.8%▲
2024 · 39.0%
Current ratio
1.60▲
2024 · 0.76
Quick ratio
1.57▲
2024 · 0.70
Debt / equity
0.64▼
2024 · 1.56
ROE
30.2%▲
2024 · 0.2%
ROA
18.4%▲
2024 · 0.1%
Interest coverage
48.00▲
2024 · 19.58
Debt
€112k▼
2024 · €189k
Debt ≤ 1 year
€97k▼
2024 · €127k
Debt > 1 year
€15k▼
2024 · €63k
Income taxes
€22k▲
2024 · €4k
Staff costs
€135k▼
2024 · €171k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€311k€286k▼
Fixed assets21/28€215k€131k▼
Tangible fixed assets22/27€211k€126k▼
Plant, machinery and equipment23€118k€67k▼
Furniture and vehicles24€93k€59k▼
Financial fixed assets28€4k€4k▲
Current assets29/58€96k€155k▲
Stocks and contracts in progress3€7k€3k▼
Stocks30/36€7k€3k▼
Amounts receivable within one year40/41€62k€67k▲
Trade receivables40€44k€56k▲
Other amounts receivable41€18k€11k▼
Cash at bank and in hand54/58€27k€85k▲
Equity and liabilities
Total equity and liabilities10/49€311k€286k▼
Equity10/15€121k€174k▲
Contributions10/11€19k€19k=
Reserves13€103k€153k▲
Distributable reserves133€103k€153k▲
Profit (loss) carried forward14-€2k
Amounts payable17/49€189k€112k▼
Amounts payable after more than one year17€63k€15k▼
Financial debts170/4€63k€15k▼
Amounts payable within one year42/48€127k€97k▼
Current portion of amounts payable after more than one year42€37k€33k▼
Trade debts44€4k€20k▲
Suppliers440/4€4k€20k▲
Taxes, remuneration and social security45€19k€34k▲
Taxes450/3€2k€10k▲
Remuneration and social security454/9€17k€24k▲
Other amounts payable47/48€66k€10k▼
Income statement
Code20242025
Non-recurring operating income76A-€511
Remuneration, social security and pensions62€171k€135k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€108k€104k▼
Other operating charges640/8€968€2k▲
Gross operating margin9900€291k€319k▲
Operating profit (loss)9901€10k€78k▲
Financial income75/76B€198€257▲
Recurring financial income75€198€257▲
Financial charges65/66B€6k€4k▼
Recurring financial charges65€6k€4k▼
Profit (loss) for the period before taxes9903€4k€74k▲
Income taxes67/77€4k€22k▲
Profit (loss) for the period9904€290€52k▲
Profit (loss) for the period to be appropriated9905€290€52k▲
Appropriation of the result
Profit (loss) to be appropriated9906€290€52k▲
Transfer to equity691/2€290€50k▲
To other reserves6921€290€50k▲
The notes to these accounts (14 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial
Liquidity doublescurrent ratio 1.60
Current ratio from 0.76 to 1.60; short-term debt falls from €127k to €97k.
31-12
Financial
Equity above €150kEq €174k ▲43.2%
5 profitable years in a row build equity to €174k.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100kEq €121k ▲27.2%
3 profitable years in a row build equity to €121k.
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €119k ▲1138%
Operating result €139k, net result €119k, both a record.
02-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 124 days late
2021
31-12
Financial
Back to profitnet €10k
Net result €10k after 2 loss-making years.
27-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-67k
Net result drops to €-67k, the lowest in the series; recovery starts the following year.
28-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 89 days late
2019
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 22 days late
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
03-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 3 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Rixensart · 1 establishment unit 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.
Avenue Amélie 11330 RixensartGround area
2,099 m²
Building footprint
302 m²
2 parcels, Wallonia. Linked by address, not a title deed.
1 establishment unit
MIDNIGHTALL
since 20062.156.971.182
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25091C0280/00B000 | Wallonia | 1,491 m² | 1 · 153 m² | - |
| 25003C0204/00C000 | Wallonia | 608 m² | 1 · 149 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
6994003V5X5KABLDH779
Similar companies · same sector, comparable size
INFORMATIC4U
BE 0835.606.203
Watermaal-Bosvoorde · Eq €174k
J D SYSTEMS
BE 0877.349.162
Menen · Eq €174k
PUYPE
BE 0433.520.219
Brugge · Eq €173k
CENTRUM VOOR INFORMATICAOPLEIDING
BE 0427.973.601
Antwerpen · Eq €174k
RGI
BE 0809.911.990
Retie · Eq €175k
Of 3,210 companies in sector 47400 we hold annual accounts for 1,795. 1,372 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-09-2006
Fiscal year end31-12
Activities, NACEBEL
47400Retail sale of information and communication equipment
47410Retail trade
52487
90393Specialised image, lighting and sound technical services
92313
62900Other information technology and computer services
72600
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0475 35 10 95