SOUNDSPLASH
ActiveSummary
SOUNDSPLASH has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €12k and a net result of €956. Equity is growing by ~11.3% per year across the filed fiscal years. Its solvency ranks better than 11% of 20782 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
57
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability69▼-1
Solvency32▼-1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.47 against 1.59 in 2023; short-term debt: 39.8% and cash: 2.5% of total assets), and 93% 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.
−lowers risk+raises risk
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
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 · 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
7%
Return on assets
0.6%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 20782 sector peers (2024).
NBB · sector comparisonPosition among 20782 sector peers
Solvency
better than 11%
← weakest
strongest →
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 07-11-2025, 99 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
99 d late
2023
98 d late
2022
61 d late
2021
88 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€12k▲ 8.8%
2023 · €11k
2021: €8k
2022: €10k
2023: €11k
2021 → 2024
Total assets
€170k▲ 22.7%
2023 · €138k
2021: €87k
2022: €121k
2023: €138k
2021 → 2024
Net result
€956▼ 9.4%
2023 · €1k
2021: €3k
2022: €2k
2023: €1k
2021 → 2024
Working capital
€32k▼ 22.0%
2023 · €41k
2021: €-19k
2022: €29k
2023: €41k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€8k-€10k▲ 23.0%€11k▲ 10.7%€12k▲ 8.8%
Operating result€4k-€3k▼ 31.5%€3k▲ 19.3%€4k▲ 18.3%
Net result€3k-€2k▼ 38.3%€1k▼ 42.6%€956▼ 9.4%
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 18% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €170k
Fixed assets
€70k ▲ 147%
Current assets
€99k ▼ 9.5%
Equity and liabilities €170k
Equity
€12k ▲ 8.8%
Debt
€158k ▲ 23.8%
Debt's share of the balance-sheet total rises from 92.1% to 93.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€22k▲
2023 · €20k
Cash flow
€19k▲
2023 · €18k
Current ratio
1.47▼
2023 · 1.59
Debt to equity
13.34▲
2023 · 11.72
ROE
8.1%▼
2023 · 9.7%
ROA
0.6%▼
2023 · 0.8%
Interest coverage
7.84▼
2023 · 10.04
Debt ≤ 1 year
€67k▼
2023 · €69k
Debt > 1 year
€90k▲
2023 · €58k
Staff costs
€20k
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 · 44 lines
Balance sheet
Code20232024
Assets
Total assets20/58€138k€170k▲
Fixed assets21/28€28k€70k▲
Tangible fixed assets22/27€28k€70k▲
Land and buildings22€3k€4k▲
Plant, machinery and equipment23€21k€25k▲
Furniture and vehicles24€5k€42k▲
Current assets29/58€110k€99k▼
Amounts receivable within one year40/41€88k€94k▲
Trade receivables40€88k€94k▲
Other amounts receivable41€84€118▲
Cash at bank and in hand54/58€22k€4k▼
Deferred charges and accrued income490/1-€795
Equity and liabilities
Total equity and liabilities10/49€138k€170k▲
Equity10/15€11k€12k▲
Contributions10/11€5k€5k=
Reserves13€6k€7k▲
Distributable reserves133€6k€7k▲
Amounts payable17/49€127k€158k▲
Amounts payable after more than one year17€58k€90k▲
Financial debts170/4€58k€90k▲
Amounts payable within one year42/48€69k€67k▼
Current portion of amounts payable after more than one year42-€7k
Trade debts44€54k€49k▼
Suppliers440/4€54k€49k▼
Taxes, remuneration and social security45€15k€7k▼
Taxes450/3€15k€5k▼
Remuneration and social security454/9-€2k
Other amounts payable47/48-€5k
Accrued charges and deferred income492/3€379€561▲
Income statement
Code20232024
Remuneration, social security and pensions62-€20k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€19k▲
Other operating charges640/8€1k€3k▲
Gross operating margin9900€21k€45k▲
Operating profit (loss)9901€3k€4k▲
Financial income75/76B€11€140▲
Recurring financial income75€11€140▲
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€1k€956▼
Profit (loss) for the period9904€1k€956▼
Profit (loss) for the period to be appropriated9905€1k€956▼
Appropriation of the result
Profit (loss) to be appropriated9906€1k€956▼
Transfer to equity691/2€1k€956▼
To other reserves6921€1k€956▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
07-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 99 days late
2024
31-12
Financial
Weakest financial yearnet €956 ▼9.4%
Net result drops to €956, the lowest in the series.
06-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 98 days late
2023
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 61 days late
2022
31-12
Financial
Liquidity doublescurrent ratio 1.58
Current ratio from 0.75 to 1.58; short-term debt falls from €79k to €50k.
27-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 88 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Hamme (Vl.) · 1 establishment unit since 2020
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.
Donkstraat 119220 Hamme (Vl.)Ground area
1,172 m²
Building footprint
129 m²
Volume, LiDAR
845 m³
Parcel 42014B0605/00K002, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Donkstraat 11, 9220 Hamme (Vl.)
since 20202.305.708.806
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42014B0605/00K002 | Flanders | 1,172 m² | 1 · 129 m² | 8.4 m · 2 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
MAESTON & NEXIS
BE 1022.333.973
Dilsen-Stokkem · Eq €11,829
Jams
BE 0683.601.659
Dilbeek · Eq €11,852
REKUZANT
BE 1022.244.495
Brussel · Eq €11,852
Intellify
BE 1028.405.876
Temse · Eq €11,854
DC-MATIC
BE 0549.779.964
Lokeren · Eq €11,860
Of 29,996 companies in sector 62200 we hold annual accounts for 18,393. 10,388 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
Founded27-05-2020
Fiscal year end31-12
Abbreviation NL
SSP
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
62900Other information technology and computer services
95100Repair and maintenance of computers and communication equipment
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.soundsplash.be
E-mail:pieter@soundsplash.be