Result
€10,519 ▼ 89.4%
The result fell in 2025 from €98,956 to €10,519.
STAGECONCEPT
Lifetime
7 annual accounts with figures on one time axispeak €575,533 (2024)
€570,503▼ 0.9%
lowest -€105,669 (2020)
€10,519▼ 89.4%
peak €36,085 (2025)
€36,085▲ 41.1%
€751,261▲ 8.6%
peak 9.2 FTE (2025)
9.2 FTE▲ 31.4%
Board3 names since 2019
1 directorMEDART GROUP
Owners
100%MEDART GROUP
Documentsfilings and deeds
07-09-202638 days late
2025abbreviated format
Result from €98,956 to €10,519Staff from 7 FTE to 9.2 FTEEquity from €25,566 to €36,085Investments €256,065Cash from €217,178 to €21,321
Key points
from the 2025 annual accountsDebts
€751,261 95% of the balance sheet
Financial debts 9%Suppliers 67%Taxes and wages 9%Other 14%
Of this, €684,838 falls due within a year.
Investments
€574,288 4.4 × depreciation
Green is investment, beige is depreciation. Machinery stands 17.6% higher than in 2024.
Staff
6 employees on 31-12-2025
In 2025, 144 short contracts started and 145 ended, on average 76 hours worked per contract. Staff averaged 9.2 full-time equivalents.
Filings
7 annual accounts 4 late
The 2023 accounts came latest: 210 days after the end of the period.
Position in the sector
4.6%
Lower solvency than 82% of companies in rental and leasing. Sector median 35.9% · 1,142 companies.
Checked score
48
Fair
Financially stronger than 38% of micro companies in rental and leasing (NACE 77)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
3.8% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.5% across 3,166 companies (NACE 77, micro).
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 4.6%
01-2025: 6.5%▲ +1.9 percentage points vs 12-2024highest value
02-2025: 6.5%● unchanged vs 01-2025highest value
03-2025: 6.3%▼ -0.2 percentage points vs 02-2025
04-2025: 6.1%▼ -0.2 percentage points vs 03-2025
05-2025: 1.5%▼ -4.6 percentage points vs 04-2025
06-2025: 1.4%▼ -0.1 percentage points vs 05-2025
07-2025: 1.4%● unchanged vs 06-2025
08-2025: 1.4%● unchanged vs 07-2025
09-2025: 1.4%● unchanged vs 08-2025
10-2025: 1.4%● unchanged vs 09-2025
11-2025: 1.4%● unchanged vs 10-2025
12-2025: 1.4%● unchanged vs 11-2025
01-2026: 1.4%● unchanged vs 12-2025
02-2026: 1.4%● unchanged vs 01-2026
03-2026: 1.4%● unchanged vs 02-2026
04-2026: 1.4%● unchanged vs 03-2026
05-2026: 1.4%● unchanged vs 04-2026
06-2026: 1.3%▼ -0.1 percentage points vs 05-2026lowest value
07-2026: 1.4%▲ +0.1 percentage points vs 06-2026
08-2026: 2.2%▲ +0.8 percentage points vs 07-2026
09-2026: 2.3%▲ +0.1 percentage points vs 08-2026
10-2026: 3.8%▲ +1.5 percentage points vs 09-2026
11-2026: 3.8%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Last filed accounts filed 38 days late; 2 of the last 3 accounts late
Size: 9.2 FTE, total assets €787,347
Equity €36,085 (4.6% of total assets)
Liquidity: current ratio 0.46, cash €21,321, halved
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 77, micro). It does better than 24% of them on solvency, 8% on liquidity, 35% on profitability and 83% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 1,251 companies had the same profile as STAGECONCEPT has now. Each dot stands for 4 companies, two years later.
94.4%
were still trading
2.7%
stopped another way
2.6%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of STAGECONCEPT itself is higher: 3.8% within 12 months. It rests on far more data about STAGECONCEPT than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,251 companies, not a prediction for STAGECONCEPT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.46 (0.64 in 2024), below 1. Short-term debt is 87% and cash 2.7% of total assets. 95.4% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
raises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 1142 sector peers (2025).
NBB · sector comparisonPosition among 1142 sector peers
Solvency
better than 18%
← weakest
strongest →
raises risk · 2025 accounts filed 38 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-09-2026, 38 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 7 filingsDeviation from the deadline
2025
38 days late
2024
111 days early
2023
210 days late
2022
103 days early
2021
70 days late
2020
90 days late
2019
36 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 23 days after the deadline. In the sector (NACE 77), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 7 September (4 of the last 5 accounts filed within 149 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- MEDART GROUP 100%equity €65,059 (2025) · 2025 annual accounts of MEDART GROUP
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0719369717
Company renamed from KITSONO to STAGECONCEPT
General meeting of 14-10-2024 · Gazette deed
Change of role: MEDART GROUP, from manager to director
Permanent representative: MEDART Noémi · “Le transport routier (poids lourds,…); La location de véhicule et utilitaire léger” (deed in French) · Director discharge: MEDART GROUP · General meeting of 04-12-2023 · Gazette deed
1 director appointed, 1 resignation
Transfer of shares from Noémi Médart to Medart Group · Transfer of shares from Solasta to Medart Group · Resignation: Noémi Médart · General meeting of 24-01-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| STAGECONCEPT Oupeye | €0.8m | €570,503 | 4.6% | 9.2 |
| Argon AV Lievegem | €0.8m | €490,149 | -1.0% | 5.2 |
| CX-COM Soignies | €1.3m | €682,962 | -4.4% | 12.7 |
| CUBE RENTING Trois-Ponts | €1.9m | €642,017 | 9.8% | 7 |
| AGORATECH Oupeye | €1.5m | €645,547 | 7.2% | 3.7 |
| CHALLENGE PARTNERS Schaerbeek | €0.7m | €397,319 | 86.0% | 4 |
| GI VAN AALST Kortrijk | €0.8m | €325,362 | 45.8% | 2.7 |
These companies have the same main activity as STAGECONCEPT: rental and leasing activities (NACE 77222). They are comparable in size and age: total assets between €688,000 and €1.9m, founded between 2011 and 2018.
Official details
Source: KBO- Status
- Active since 24-01-2019Normal situation
- Activity
- Rental and leasing activitiesNACE 77222and 6 others
- Establishment unit
- 2.284.644.6614684 Oupeye, since 24-01-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 21-05-2025
Annual accounts 2025
- ≈ €1.3mestimated
- €787,347▲ 9.8%
- Employeeson 31-12-2025
- 6▼ 14.3%
- Filing
- Filed on 07-09-2026
Insights on STAGECONCEPT
STAGECONCEPT files the abbreviated format. That format states no turnover. The gross margin rose from €114,181 in 2019 to €570,503 in 2025.
The balance sheet grew most from 2023 to 2025 through fixed assets.
MEDART GROUP holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about STAGECONCEPT
- What is the company number of STAGECONCEPT?
- The company number of STAGECONCEPT is 0719.369.717. The VAT number is the same number with BE in front: BE 0719.369.717.
- Where is STAGECONCEPT based?
- The registered office is at Rue de la Cale Sèche 41, 4684 Oupeye.Company details
- What does STAGECONCEPT do?
- According to the KBO register, the main activity is rental and leasing activities (NACE 77222).
- What is the legal form of STAGECONCEPT?
- STAGECONCEPT is a private limited company (BV).
- When was STAGECONCEPT founded?
- STAGECONCEPT was founded on 24-01-2019.
- Is STAGECONCEPT still active?
- Yes, STAGECONCEPT is an active enterprise in the KBO register.
- How many employees does STAGECONCEPT have?
- STAGECONCEPT had an average of 9.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of STAGECONCEPT?
- The turnover in financial year 2025 is ≈ €1.3m. This figure is estimated from the gross margin of €570,503 and 2,275 comparable companies of the same size. It probably lies between €810,000 and €2.3m. It is a rough estimate. In financial year 2024 turnover was €1.5m.
- Is STAGECONCEPT profitable?
- In financial year 2025, STAGECONCEPT made a profit of €10,519.
- Where can I find the annual accounts of STAGECONCEPT?
- STAGECONCEPT filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of STAGECONCEPT due?
- STAGECONCEPT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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