STDS
ActiveSummary
STDS has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€268) and a net result of -€2,557. Equity is shrinking by ~20.6% per year across the filed fiscal years. Its solvency ranks better than 11% of 188 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability2▼-15
Solvency24▼-11
Growth38▼-34
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.97 against 1.06 in 2024; short-term debt: 101.4% and cash: 4.2% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 59
Relative position
BE, all sectors
reference
Motion picture, video and television programme production, sound recording and music publishing activities (NACE 59)
about 37% fewer bankruptcies
← 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 2025Solvency, return and age of the figures
Solvency
-1.4%
Return on assets
-13%
Age of the figures
9 mo
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
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€268
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 04-03-2026, 149 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
149 d early
2024
165 d early
2023
143 d early
2022
18 d late
2021
9 d late
2020
25 d late
2019
2 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 58 days before the deadline; the sector median for financial year 2024 is 2 days before the deadline, and 41% 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.
Companies Code · seven monthsPosition in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
€1,069▼ 92.0%
2024 · €13,432
EBIT margin
-230.8%▼ 224.7pp
2024 · -6.1%
Net result
-€2,557▼ 142%
2024 · -€1,056
Working capital
-€538
2024 · €1,151
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€4,181€7,723€13,432▲ 73.9%€1,069▼ 92.0%
Operating result-€28-€5,682▼ 20,193%-€5,353▲ 5.8%-€825▲ 84.6%-€2,468▼ 199%
Net result-€204-€5,773▼ 2,730%-€5,479▲ 5.1%-€1,056▲ 80.7%-€2,557▼ 142%
EBIT margin-0.7%-69.3%-6.1%▲ 63.2pp-230.8%▼ 224.7pp
Equity€14,598▼ 1.4%€8,825▼ 39.5%€3,347▼ 62.1%€2,290▼ 31.6%-€268
Total assets€29,420▼ 13.6%€29,619▲ 0.7%€22,328▼ 24.6%€22,280▼ 0.2%€19,722▼ 11.5%
Debt€14,822▼ 22.9%€20,794▲ 40.3%€18,981▼ 8.7%€19,990▲ 5.3%€19,990=
Working capital€12,948▲ 12.6%€8,825▼ 31.8%€1,338▼ 84.8%€1,151▼ 14.0%-€538
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2,468 in 2025 against €825 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €19,722
Fixed assets
€270 ▼ 76.3%
Current assets
€19,452 ▼ 8.0%
Key figures and ratios
EBITDA
-€1,598▼
2024 · €44
Cash flow
-€1,688▼
2024 · -€187
Solvency
-1.4%▼
2024 · 10.3%
Current ratio
0.97▼
2024 · 1.06
Quick ratio
0.04▼
2024 · 0.12
ROA
-13.0%▼
2024 · -4.7%
Interest coverage
-17.91▼
2024 · 0.19
Debt ≤ 1 year
€19,990=
2024 · €19,990
Equity ratios withheld: equity of -€268 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €4,181 | - | €7,723 | €13,432 | €1,069 | ▼ 92.0% |
| Goods, raw materials, services and sundry goods60/61 | €10,399 | - | - | €12,754 | €2,268 | ▼ 82.2% |
| Remuneration, social security and pensions62 | - | - | - | €246 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,650 | €1,650 | €600 | €869 | €870 | ▲ 0.1% |
| Other operating charges640/8 | €347 | €1,248 | €384 | €388 | €400 | ▲ 3.0% |
| Gross operating margin9900 | €1,969 | -€2,784 | -€4,368 | €678 | -€1,199 | ▼ 277% |
| Operating profit (loss)9901 | -€28 | -€5,682 | -€5,353 | -€825 | -€2,468 | ▼ 199% |
| Financial income75/76B | - | - | €0 | - | - | - |
| Recurring financial income75 | - | - | €0 | - | - | - |
| Financial charges65/66B | €176 | €91 | €126 | €231 | €89 | ▼ 61.4% |
| Recurring financial charges65 | €176 | €91 | €126 | €231 | €89 | ▼ 61.4% |
| Profit (loss) for the period before taxes9903 | -€204 | -€5,773 | -€5,479 | -€1,056 | -€2,557 | ▼ 142% |
| Profit (loss) for the period9904 | -€204 | -€5,773 | -€5,479 | -€1,056 | -€2,557 | ▼ 142% |
| Profit (loss) for the period to be appropriated9905 | -€204 | -€5,773 | -€5,479 | -€1,056 | -€2,557 | ▼ 142% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €29,420 | €29,619 | €22,328 | €22,280 | €19,722 | ▼ 11.5% |
| Fixed assets21/28 | €1,650 | - | €2,009 | €1,139 | €270 | ▼ 76.3% |
| Tangible fixed assets22/27 | €1,650 | - | €2,009 | €1,139 | €270 | ▼ 76.3% |
| Plant, machinery and equipment23 | €1,650 | - | €2,009 | €1,139 | €270 | ▼ 76.3% |
| Current assets29/58 | €27,770 | €29,619 | €20,319 | €21,141 | €19,452 | ▼ 8.0% |
| Amounts receivable after more than one year29 | - | - | - | - | €0 | - |
| Stocks and contracts in progress3 | €21,611 | €24,395 | €19,527 | €18,795 | €18,626 | ▼ 0.9% |
| Stocks30/36 | €21,611 | €24,395 | €19,527 | €18,795 | €18,626 | ▼ 0.9% |
| Amounts receivable within one year40/41 | €1,046 | €441 | €610 | - | - | - |
| Trade receivables40 | €203 | €203 | €522 | - | - | - |
| Other amounts receivable41 | €843 | €238 | €88 | - | - | - |
| Cash at bank and in hand54/58 | €4,988 | €4,655 | €50 | €2,346 | €825 | ▼ 64.8% |
| Deferred charges and accrued income490/1 | €125 | €128 | €133 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €29,420 | €29,619 | €22,328 | €22,280 | €19,722 | ▼ 11.5% |
| Equity10/15 | €14,598 | €8,825 | €3,347 | €2,290 | -€268 | ▼ 112% |
| Contributions10/11 | €19,000 | €19,000 | €19,000 | €19,000 | €19,000 | = |
| Outside capital11 | - | - | - | €19,000 | €19,000 | = |
| Share premium1100/10 | - | - | - | €19,000 | €19,000 | = |
| Reserves13 | €661 | €661 | €661 | €661 | €661 | = |
| Non-distributable reserves130/1 | €661 | €661 | €0 | €661 | €661 | = |
| Legal reserve130 | - | - | - | €661 | €661 | = |
| Reserves not available under the articles1311 | €661 | €661 | €0 | - | - | - |
| Distributable reserves133 | - | - | €661 | - | - | - |
| Profit (loss) carried forward14 | -€5,063 | -€10,836 | -€16,315 | -€17,371 | -€19,929 | ▼ 14.7% |
| Amounts payable17/49 | €14,822 | €20,794 | €18,981 | €19,990 | €19,990 | = |
| Amounts payable after more than one year17 | - | - | €0 | - | - | - |
| Trade debts175 | - | - | €0 | - | - | - |
| Amounts payable within one year42/48 | €14,822 | €20,794 | €18,981 | €19,990 | €19,990 | = |
| Trade debts44 | €705 | €216 | €0 | - | - | - |
| Suppliers440/4 | €705 | €216 | €0 | - | - | - |
| Advances received on contracts in progress46 | - | €6,460 | - | - | - | - |
| Other amounts payable47/48 | €14,117 | €14,118 | €18,981 | €19,990 | €19,990 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€204 | -€5,773 | -€5,479 | -€1,056 | -€2,557 | ▼ 142% |
| + Depreciation and write-downs630 | €1,650 | €1,650 | €600 | €869 | €870 | ▲ 0.1% |
| Operating cash flow (approximation) | €1,446 | -€4,123 | -€4,879 | -€187 | -€1,688 | ▼ 803% |
| Investment in fixed assets (approximation) | - | - | - | €1 | -€1 | ▼ 186% |
| Change in cash | - | -€333 | -€4,605 | €2,296 | -€1,521 | ▼ 166% |
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
04-03
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
16-02
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
10-03
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
18-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 18 days late
2022
31-12
Financial
Weakest financial yearnet -€5,773
Net result drops to -€5,773, the lowest in the series; recovery starts the following year.
09-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 9 days late
2021
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 25 days late
2020
31-12
Financial
Highest result since 2018net €1,653 ▲182%
Operating result €1,799, net result €1,653, both a record.
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Back to profitnet €586
Net result €586 after one loss-making year.
13-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 13 days late
2018
30-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
16-06
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 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Geer · 1 establishment unit since 2008
Ground area
1,605 m²
Building footprint
100 m²
Volume, LiDAR
917 m³
Parcel 64029A0155/00H000, Wallonia · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
STDS
since 20082.172.924.318
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64029A0155/00H000 | Wallonia | 1,605 m² | 1 · 100 m² | 10.8 m · 3 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 2,583 companies in sector 59113 we hold annual accounts for 703. 182 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded09-09-2008
Fiscal year end31-12
Activities, NACEBEL 2025
59113Video and film production, excluding cinema and television films
70200Business and other management consultancy
74201Photography, excluding press photography
85599Other education
93199Other sports activities
Scores and ratios are computed by Checked and are not a credit decision.