Stemlicht
ActiveSummary
Stemlicht has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €33k and a net result of €14k. Its solvency ranks better than 45% of 1530 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability93▼-7
Solvency68▼-12
Growth52
Track record82
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 1.53 against 1.69 in 2024; short-term debt: 29.5% and cash: 18.3% of total assets), but 56.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
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 →
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
43.1%
Return on assets
19%
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 24-04-2026, 98 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
98 d early
2024
45 d early
← before the deadline
after the deadline →
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€33k▲ 79.3%
2024 · €18k
Total assets
€76k▲ 128%
2024 · €33k
Net result
€14k▼ 1.9%
2024 · €15k
Working capital
€12k▲ 14.6%
2024 · €10k
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
Line20242025
Operating result€22k-€20k▼ 6.2%
Net result€15k-€14k▼ 1.9%
Equity€18k-€33k▲ 79.3%
Total assets€33k-€76k▲ 128%
Debt€15k-€43k▲ 188%
Working capital€10k-€12k▲ 14.6%
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 6% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €74k
Fixed assets
€40k ▲ 582%
Current assets
€34k ▲ 35.1%
Equity and liabilities €76k
Equity
€33k ▲ 79.3%
Debt
€43k ▲ 188%
Debt's share of the balance-sheet total rises from 45.2% to 56.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€30k▲
2024 · €23k
Cash flow
€24k▲
2024 · €16k
Current ratio
1.53▼
2024 · 1.69
Debt to equity
1.32▲
2024 · 0.82
ROE
44.2%▼
2024 · 80.8%
ROA
19.0%▼
2024 · 44.3%
Interest coverage
22.91▼
2024 · 425.02
Debt ≤ 1 year
€22k▲
2024 · €15k
Debt > 1 year
€21k
Income taxes
€5k▼
2024 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €10k | ▲ 476% |
| Other operating charges640/8 | €525 | €461 | ▼ 12.1% |
| Gross operating margin9900 | €24k | €31k | ▲ 27.8% |
| Operating profit (loss)9901 | €22k | €20k | ▼ 6.2% |
| Financial income75/76B | €16 | €27 | ▲ 73.4% |
| Recurring financial income75 | €16 | €27 | ▲ 73.4% |
| Financial charges65/66B | €55 | €1k | ▲ 2,287% |
| Recurring financial charges65 | €55 | €1k | ▲ 2,287% |
| Profit (loss) for the period before taxes9903 | €22k | €19k | ▼ 11.9% |
| Income taxes67/77 | €7k | €5k | ▼ 33.2% |
| Profit (loss) for the period9904 | €15k | €14k | ▼ 1.9% |
| Profit (loss) for the period to be appropriated9905 | €15k | €14k | ▼ 1.9% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €33k | €76k | ▲ 128% |
| Formation expenses20 | €2k | €1k | ▼ 24.7% |
| Fixed assets21/28 | €6k | €40k | ▲ 582% |
| Tangible fixed assets22/27 | €6k | €40k | ▲ 582% |
| Furniture and vehicles24 | €5k | €37k | ▲ 662% |
| Other tangible fixed assets26 | €989 | €3k | ▲ 185% |
| Current assets29/58 | €25k | €34k | ▲ 35.1% |
| Amounts receivable within one year40/41 | €20k | €20k | ▲ 2.8% |
| Trade receivables40 | €20k | €19k | ▼ 4.4% |
| Other amounts receivable41 | €44 | €1k | ▲ 3,210% |
| Cash at bank and in hand54/58 | €5k | €14k | ▲ 159% |
| Deferred charges and accrued income490/1 | €386 | €222 | ▼ 42.7% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €33k | €76k | ▲ 128% |
| Equity10/15 | €18k | €33k | ▲ 79.3% |
| Contributions10/11 | €4k | €4k | = |
| Reserves13 | €15k | €15k | = |
| Distributable reserves133 | €15k | €15k | = |
| Profit (loss) carried forward14 | - | €14k | - |
| Amounts payable17/49 | €15k | €43k | ▲ 188% |
| Amounts payable after more than one year17 | - | €21k | - |
| Financial debts170/4 | - | €21k | - |
| Amounts payable within one year42/48 | €15k | €22k | ▲ 49.2% |
| Current portion of amounts payable after more than one year42 | - | €9k | - |
| Financial debts43 | €121 | €570 | ▲ 372% |
| Credit institutions430/8 | €121 | €570 | ▲ 372% |
| Trade debts44 | - | €4k | - |
| Suppliers440/4 | - | €4k | - |
| Taxes, remuneration and social security45 | €10k | €6k | ▼ 44.1% |
| Taxes450/3 | €10k | €6k | ▼ 44.1% |
| Other amounts payable47/48 | €5k | €3k | ▼ 40.3% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €15k | €14k | ▼ 1.9% |
| + Depreciation and write-downs630 | €2k | €10k | ▲ 476% |
| Operating cash flow (approximation) | €16k | €24k | ▲ 47.4% |
| Investment in fixed assets (approximation) | - | €-44k | - |
| Change in cash | - | €9k | - |
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
24-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
16-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
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, Affligem · 1 establishment unit since 2024
Ground area
800 m²
Building footprint
91 m²
Volume, LiDAR
552 m³
Parcel 23030A0546/00S000, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Stemlicht
since 20242.353.779.630
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23030A0546/00S000 | Flanders | 800 m² | 1 · 91 m² | 7.9 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.
Similar companies · same sector, comparable size
PAON Production
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TRUE TO
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AR-CANE
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We have the Solution
BE 0800.155.275
Zaventem · Eq €32,013
Of 796 companies in sector 59201 we hold annual accounts for 162. 135 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
Founded05-01-2024
Fiscal year end31-12
Activities, NACEBEL 2025
59201Sound recording
59202Motion picture, video and television programme production, sound recording and music publishing activities
60100Programming, broadcasting, news agency and other content distribution activities
90201Performing arts by independent artists
90111Literary creation
96301Funeral services
Contact
Website
www.tinededonder.be
E-mail
hallo@tinededonder.be
Scores and ratios are computed by Checked and are not a credit decision.