SOUNDSTATION
ActiveSummary
SOUNDSTATION has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €139,978 and a net result of €26,160. Equity is growing by ~66% per year across the filed fiscal years. Its solvency ranks better than 81% of 18973 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability86▼-13
Solvency97▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12,000 at 30 days acceptable
Liquidity ample (current ratio 4.82 against 4.47 in 2024; short-term debt: 17.5% and cash: 38.7% of total assets), and 28.1% of the assets are financed with debt.
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Signals
Four 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
Retail trade (NACE 47)
about 45% more bankruptcies
← 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
71.9%
Return on assets
13.4%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
32 d early
2024
32 d early
2023
29 d early
2022
28 d early
2021
37 d early
2020
32 d early
2019
31 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 32 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 29 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€139,978▲ 21.2%
2024 · €115,484
Total assets
€194,733▲ 16.4%
2024 · €167,305
Net result
€26,160▼ 35.5%
2024 · €40,532
Working capital
€129,983▲ 5.2%
2024 · €123,599
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€10,992▼ 41.8%€37,015▲ 237%€41,506▲ 12.1%€59,397▲ 43.1%€36,358▼ 38.8%
Net result€9,958within the sector's middle half▼ 45.2%€35,125above the sector's middle half▲ 253%€30,182above the sector's middle half▼ 14.1%€40,532above the sector's middle half▲ 34.3%€26,160above the sector's middle half▼ 35.5%
Equity€11,363within the sector's middle half▲ 709%€46,487within the sector's middle half▲ 309%€76,670within the sector's middle half▲ 64.9%€115,484within the sector's middle half▲ 50.6%€139,978above the sector's middle half▲ 21.2%
Total assets€52,479below the sector's middle half▲ 29.4%€89,532within the sector's middle half▲ 70.6%€136,557within the sector's middle half▲ 52.5%€167,305within the sector's middle half▲ 22.5%€194,733within the sector's middle half▲ 16.4%
Debt€41,116▲ 5.0%€43,045▲ 4.7%€59,888▲ 39.1%€51,821▼ 13.5%€54,754▲ 5.7%
Working capital€30,836within the sector's middle half▼ 2.9%€59,221within the sector's middle half▲ 92.1%€95,918above the sector's middle half▲ 62.0%€123,599above the sector's middle half▲ 28.9%€129,983above the sector's middle half▲ 5.2%
Solvency21.7%within the sector's middle half▲ 18.2pp51.9%within the sector's middle half▲ 30.3pp56.1%within the sector's middle half▲ 4.2pp69.0%above the sector's middle half▲ 12.9pp71.9%above the sector's middle half▲ 2.9pp
Current ratio4.16above the sector's middle half▼ 0.856.01above the sector's middle half▲ 1.854.45above the sector's middle half▼ 1.564.47above the sector's middle half▲ 0.024.82above the sector's middle half▲ 0.35
Return on assets (ROA)19.0%above the sector's middle half▼ 25.8pp39.2%above the sector's middle half▲ 20.3pp22.1%above the sector's middle half▼ 17.1pp24.2%above the sector's middle half▲ 2.1pp13.4%above the sector's middle half▼ 10.8pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
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 2025; 2025 is 39% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €194,733
Fixed assets
€30,712 ▲ 280%
Current assets
€164,021 ▲ 3.0%
Equity and liabilities €194,733
Equity
€139,978 ▲ 21.2%
Debt
€54,754 ▲ 5.7%
Debt's share of the balance-sheet total falls from 31.0% to 28.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€41,621▼
2024 · €64,976
Cash flow
€31,423▼
2024 · €46,111
Quick ratio
3.15▲
2024 · 2.85
Debt to equity
0.39▼
2024 · 0.45
ROE
18.7%▼
2024 · 35.1%
Interest coverage
31.82▼
2024 · 32.71
Debt ≤ 1 year
€34,038▼
2024 · €35,618
Debt > 1 year
€20,671▲
2024 · €15,000
Income taxes
€11,161▼
2024 · €18,955
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,371 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,371 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €2,007 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,302 | €3,993 | €5,675 | €5,579 | €5,263 | ▼ 5.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €2,407 | - | €616 | - | - | - |
| Other operating charges640/8 | €668 | €814 | €1,108 | €4,010 | €4,988 | ▲ 24.4% |
| Non-recurring operating charges66A | - | - | - | - | €52 | - |
| Gross operating margin9900 | €17,369 | €41,822 | €48,906 | €68,985 | €46,662 | ▼ 32.4% |
| Operating profit (loss)9901 | €10,992 | €37,015 | €41,506 | €59,397 | €36,358 | ▼ 38.8% |
| Financial income75/76B | €1,140 | €1,074 | €1,720 | €2,077 | €2,271 | ▲ 9.3% |
| Recurring financial income75 | €795 | €976 | €1,720 | €2,077 | €2,271 | ▲ 9.3% |
| Non-recurring financial income76B | €345 | €99 | - | - | - | - |
| Financial charges65/66B | €2,174 | €1,616 | €2,096 | €1,986 | €1,308 | ▼ 34.2% |
| Recurring financial charges65 | €2,174 | €1,616 | €2,096 | €1,986 | €1,308 | ▼ 34.2% |
| Profit (loss) for the period before taxes9903 | €9,958 | €36,473 | €41,130 | €59,488 | €37,321 | ▼ 37.3% |
| Income taxes67/77 | - | €1,349 | €10,948 | €18,955 | €11,161 | ▼ 41.1% |
| Profit (loss) for the period9904 | €9,958 | €35,125 | €30,182 | €40,532 | €26,160 | ▼ 35.5% |
| Profit (loss) for the period to be appropriated9905 | €9,958 | €35,125 | €30,182 | €40,532 | €26,160 | ▼ 35.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €52,479 | €89,532 | €136,557 | €167,305 | €194,733 | ▲ 16.4% |
| Fixed assets21/28 | €11,877 | €18,488 | €12,812 | €8,088 | €30,712 | ▲ 280% |
| Tangible fixed assets22/27 | €11,877 | €18,488 | €12,812 | €8,088 | €30,712 | ▲ 280% |
| Plant, machinery and equipment23 | €305 | €6,761 | €4,616 | €3,423 | €1,610 | ▼ 53.0% |
| Furniture and vehicles24 | €11,571 | €8,712 | €5,852 | €2,993 | - | - |
| Leasing and similar rights25 | - | - | - | - | €28,101 | - |
| Other tangible fixed assets26 | - | €3,015 | €2,343 | €1,672 | €1,001 | ▼ 40.2% |
| Current assets29/58 | €40,602 | €71,045 | €123,745 | €159,217 | €164,021 | ▲ 3.0% |
| Stocks and contracts in progress3 | €31,598 | €35,674 | €51,137 | €57,829 | €56,938 | ▼ 1.5% |
| Stocks30/36 | €31,598 | €35,674 | €51,137 | €57,829 | €56,938 | ▼ 1.5% |
| Amounts receivable within one year40/41 | €7,886 | €17,702 | €12,821 | €49,183 | €31,471 | ▼ 36.0% |
| Trade receivables40 | €7,886 | €17,702 | €11,261 | €49,183 | €28,434 | ▼ 42.2% |
| Other amounts receivable41 | - | - | €1,560 | - | €3,037 | - |
| Cash at bank and in hand54/58 | €1,119 | €17,669 | €47,469 | €51,876 | €75,277 | ▲ 45.1% |
| Deferred charges and accrued income490/1 | - | - | €12,318 | €329 | €335 | ▲ 1.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €52,479 | €89,532 | €136,557 | €167,305 | €194,733 | ▲ 16.4% |
| Equity10/15 | €11,363 | €46,487 | €76,670 | €115,484 | €139,978 | ▲ 21.2% |
| Contributions10/11 | €30,000 | €30,000 | €30,000 | €30,000 | €30,000 | = |
| Reserves13 | €3,000 | €16,487 | €46,670 | €85,484 | €109,978 | ▲ 28.7% |
| Non-distributable reserves130/1 | €3,000 | €3,000 | - | - | - | - |
| Reserves not available under the articles1311 | €3,000 | €3,000 | - | - | - | - |
| Distributable reserves133 | - | €13,487 | €46,670 | €85,484 | €109,978 | ▲ 28.7% |
| Profit (loss) carried forward14 | -€21,637 | - | - | - | - | - |
| Amounts payable17/49 | €41,116 | €43,045 | €59,888 | €51,821 | €54,754 | ▲ 5.7% |
| Amounts payable after more than one year17 | €30,000 | €30,000 | €30,000 | €15,000 | €20,671 | ▲ 37.8% |
| Financial debts170/4 | - | - | - | - | €20,671 | - |
| Other amounts payable178/9 | €30,000 | €30,000 | €30,000 | €15,000 | - | - |
| Amounts payable within one year42/48 | €9,766 | €11,824 | €27,828 | €35,618 | €34,038 | ▼ 4.4% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €4,045 | - |
| Trade debts44 | €819 | €3,626 | €5,851 | €5,878 | €10,432 | ▲ 77.5% |
| Suppliers440/4 | €819 | €3,626 | €5,851 | €5,878 | €10,432 | ▲ 77.5% |
| Taxes, remuneration and social security45 | €1,206 | €1,828 | €12,279 | €22,312 | €16,892 | ▼ 24.3% |
| Taxes450/3 | €1,206 | €1,828 | €12,279 | €22,312 | €12,423 | ▼ 44.3% |
| Remuneration and social security454/9 | - | - | - | - | €4,470 | - |
| Other amounts payable47/48 | €7,741 | €6,370 | €9,698 | €7,428 | €2,669 | ▼ 64.1% |
| Accrued charges and deferred income492/3 | €1,350 | €1,221 | €2,060 | €1,203 | €46 | ▼ 96.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9,958 | €35,125 | €30,182 | €40,532 | €26,160 | ▼ 35.5% |
| + Depreciation and write-downs630 | €3,302 | €3,993 | €5,675 | €5,579 | €5,263 | ▼ 5.7% |
| Operating cash flow (approximation) | €13,260 | €39,118 | €35,858 | €46,111 | €31,423 | ▼ 31.9% |
| Investment in fixed assets (approximation) | - | -€10,604 | €0 | -€855 | -€27,887 | ▼ 3,163% |
| Change in cash | - | €16,550 | €29,801 | €4,407 | €23,401 | ▲ 431% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €40,532 ▲34.3%
Operating result €59,397, net result €40,532, both a record.
31-12
Financial
Equity above €100,000Eq €115,484 ▲50.6%
7 profitable years in a row build equity to €115,484.
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity doublescurrent ratio 3.13
Current ratio from 1.34 to 3.13; short-term debt falls from €10,640 to €7,040.
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
05-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Beringen · 1 establishment unit since 2002
Ground area
491 m²
Building footprint
333 m²
Volume, LiDAR
1,986 m³
Parcel 71382D0712/00Y003, Flanders · tallest building 10.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SOUNDSTATION
since 20022.114.699.968
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71382D0712/00Y003 | Flanders | 491 m² | 1 · 333 m² | 10.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,289 companies in this sector we hold annual accounts for 425. 321 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded22-10-2002
Fiscal year end31-12
Activities, NACEBEL 2025
47690Retail sale of other cultural and recreation goods
46180Agents specialised in the wholesale of other particular products
47552Retail sale of lighting equipment
59202Motion picture, video and television programme production, sound recording and music publishing activities
77222Rental and leasing activities
93299Other amusement and recreation activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0478620863
Also
9925:BE0478620863
Registered
09-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.