STREAM SERVICES
ActiveFrom the official registers: KBO 13 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
STREAM SERVICES has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €320,460 and a net result of €87,223. Equity has been growing by about 27% per year since 2018. Its solvency ranks better than 25% of 72 sector peers (NACE 91, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Overview
Official details
KBO- Status
- Active since 11-04-2012 Normal situation
- Activity
- Libraries, archives, museums and other cultural activities NACE 91110and 5 others
- Establishment units
- 2.208.758.591 1330 Rixensart, since 08-03-2012
- 2.326.553.413 1300 Wavre, since 19-06-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 08-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.3%
- Gross margin
- €496,924
- ▲ 30.9%
- Turnover
- ≈ €1.2m
- estimated
- Profit
- €87,223
- ▲ 47.6%
- Equity
- €320,460
- ▲ 2.9%
- Total assets
- €1.1m
- ▲ 25.6%
- Staff
- 4.8 FTE
- ▲ 20.0%
Score breakdownraises riskLiquidity: current ratio 1.42, cash €46,536, halved2 establishment unitslowers riskFigures for financial year 2025 (filed on 15-07-2026)Founded in 2012Show the evidence
Checked score
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 91, micro). It does better than 26% of them on solvency, 32% on liquidity, 67% on profitability and 51% on growth.
The bankruptcy probability was computed on 31-10-2026 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.
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).
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Signals
The company filed its last 7 accounts on average 4 days before the deadline. In the sector (NACE 91), the median for financial year 2024 was 22 days before the deadline, and 29% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 15-07-2026 at the NBB all 13 filings
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is 56% higher than in 2024 and the highest since 2021. It is the third rise in a row, after the fall in 2022.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Libraries, archives, museums and other cultural activities (NACE 91). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).
Comparable companies
These companies have the same main activity as STREAM SERVICES: libraries, archives, museums and other cultural activities (NACE 91110). They are comparable in size and age: total assets between €518,000 and €1.4m, founded between 1986 and 2009.
| Company | Founded | Total assets | Equity | Gross margin | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|
| STREAM SERVICES Rixensart | 2012 | €1.1m | €0.3m | €0.5m | €0.09m | 4.8 | 2025 |
| W.Hall - Centre culturel de Woluwe-Saint-Pierre Sint-Pieters-Woluwe | 2009 | €0.7m | €0.4m | €0.5m | €0.2m | 5.3 | 2025 |
| Vlaamse Erfgoedbibliotheken Antwerpen | 2008 | €0.7m | €0.5m | €0.6m | €0.02m | 7.4 | 2025 |
| EARLYTRACKS Etterbeek | 2009 | €1.4m | €0.4m | €1.0m | -€0.09m | 10.7 | 2024 |
| Intergemeentelijke vereniging voor bibliotheekwerking Haacht-Boortmeerbeek Haacht | 2005 | €1.3m | €1.2m | €0.8m | -€0.05m | 10.7 | 2025 |
| Intergemeentelijke Vereniging voor Bibliotheekwerking, Cultuur en Academie voor Deeltijds Kunstonderwijs Hemiksem | 2003 | €0.9m | €0.6m | €1.2m | €0.06m | 12.2 | 2025 |
| Bibliothèques de Culture générale et Ludothèques publiques d'Ottignies-Louvain-la-Neuve Ottignies-Louvain-la-Neuve | 1986 | €0.5m | €0.4m | €0.6m | €0.03m | 7.3 | 2025 |
They were chosen from the 45 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 5,053 companies had the same profile as STREAM SERVICES has now. Two years later, 1.6% had gone bankrupt and 95.9% were still going.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of STREAM SERVICES itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,445 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 5,053 companies, not a prediction for STREAM SERVICES. 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | - | €2,000 | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | - | - | - | €151,058 | €244,618 | €289,239 | €231,211 | €299,689 | ▲ 29.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €37,326 | €32,102 | €21,636 | €25,978 | €39,926 | €49,598 | €57,767 | €61,478 | ▲ 6.4% |
| Other operating charges640/8 | - | - | - | €1,316 | €1,484 | €3,942 | €4,386 | €3,110 | ▼ 29.1% |
| Non-recurring operating charges66A | - | - | - | - | - | - | €1,214 | €0 | ▼ 100% |
| Gross operating margin9900 | €111,943 | €141,790 | €205,029 | €236,787 | €314,811 | €389,400 | €379,554 | €496,924 | ▲ 30.9% |
| Operating profit (loss)9901 | €14,802 | €31,253 | €105,104 | €58,434 | €28,783 | €46,621 | €84,976 | €132,646 | ▲ 56.1% |
| Financial income75/76B | - | - | - | €42 | - | €20,840 | €3,239 | €3,085 | ▼ 4.7% |
| Recurring financial income75 | €708 | €58 | €58 | €42 | - | €5,694 | €3,239 | €3,085 | ▼ 4.7% |
| Non-recurring financial income76B | - | - | - | - | - | €15,145 | - | - | - |
| Financial charges65/66B | - | - | - | €4,629 | €5,704 | €8,396 | €8,313 | €13,474 | ▲ 62.1% |
| Recurring financial charges65 | €9,982 | €2,769 | €798 | €4,629 | €5,704 | €7,479 | €8,313 | €13,474 | ▲ 62.1% |
| Non-recurring financial charges66B | - | - | - | - | - | €917 | - | - | - |
| Profit (loss) for the period before taxes9903 | €5,528 | €32,591 | €104,363 | €53,848 | €23,079 | €59,064 | €79,902 | €122,258 | ▲ 53.0% |
| Income taxes67/77 | €2,070 | €7,484 | €28,663 | €7,573 | €7,390 | €9,851 | €20,804 | €35,035 | ▲ 68.4% |
| Profit (loss) for the period9904 | €3,459 | €25,107 | €75,700 | €46,274 | €15,689 | €49,213 | €59,098 | €87,223 | ▲ 47.6% |
| Transfer from tax-exempt reserves789 | - | - | - | €13,500 | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €3,459 | €25,107 | €75,700 | €59,774 | €15,689 | €49,213 | €59,098 | €87,223 | ▲ 47.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.2m | €0.2m | €0.3m | €0.8m | €0.7m | €0.9m | €0.9m | €1.1m | ▲ 25.6% |
| Fixed assets21/28 | €0.05m | €0.05m | €0.03m | €0.5m | €0.5m | €0.6m | €0.6m | €0.7m | ▲ 35.1% |
| Intangible fixed assets21 | €0.001m | €452 | - | - | €0.002m | €0.002m | €0.001m | €0.001m | ▼ 39.0% |
| Tangible fixed assets22/27 | €0.05m | €0.05m | €0.03m | €0.5m | €0.5m | €0.6m | €0.5m | €0.7m | ▲ 35.4% |
| Land and buildings22 | - | - | - | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | ▼ 3.7% |
| Plant, machinery and equipment23 | - | - | - | €0.02m | €0.04m | €0.04m | €0.04m | €0.02m | ▼ 31.6% |
| Furniture and vehicles24 | - | - | - | €0.06m | €0.05m | €0.1m | €0.1m | €0.1m | ▼ 26.6% |
| Other tangible fixed assets26 | - | - | - | €0.002m | €0.001m | €155 | €9 | €0 | ▼ 100% |
| Assets under construction and advance payments27 | - | - | - | - | - | - | - | €0.3m | - |
| Financial fixed assets28 | €41 | €41 | €41 | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | = |
| Current assets29/58 | €0.1m | €0.2m | €0.3m | €0.2m | €0.2m | €0.3m | €0.3m | €0.3m | ▲ 9.1% |
| Stocks and contracts in progress3 | €0.07m | €0.04m | €0.06m | €0.07m | €0.09m | €0.09m | €0.09m | €0.1m | ▲ 31.7% |
| Stocks30/36 | - | - | - | €0.07m | €0.09m | €0.09m | €0.09m | €0.1m | ▲ 31.7% |
| Amounts receivable within one year40/41 | €0.04m | €0.008m | €0.05m | €0.06m | €0.07m | €0.1m | €0.1m | €0.2m | ▲ 49.2% |
| Trade receivables40 | - | - | - | €0.03m | €0.07m | €0.06m | €0.1m | €0.1m | ▲ 17.7% |
| Other amounts receivable41 | - | - | - | €0.03m | €0.002m | €0.05m | €0.003m | €0.04m | ▲ 13× |
| Cash at bank and in hand54/58 | €0.02m | €0.1m | €0.2m | €0.1m | €0.04m | €0.08m | €0.1m | €0.05m | ▼ 53.4% |
| Deferred charges and accrued income490/1 | - | - | - | €0.009m | €0.01m | €0.01m | €0.02m | €0.02m | ▼ 2.8% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.2m | €0.2m | €0.3m | €0.8m | €0.7m | €0.9m | €0.9m | €1.1m | ▲ 25.6% |
| Equity10/15 | €0.04m | €0.04m | €0.1m | €0.2m | €0.2m | €0.3m | €0.3m | €0.3m | ▲ 2.9% |
| Contributions10/11 | €0.008m | €0.008m | - | €0.008m | €0.008m | €0.008m | €0.008m | €0.008m | = |
| Reserves13 | €0.01m | €0.01m | €0.09m | €0.1m | €0.2m | €0.2m | €0.3m | €0.3m | ▲ 3.6% |
| Non-distributable reserves130/1 | - | - | - | €0.001m | €0.001m | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.001m | €0.001m | - | - | - | - |
| Distributable reserves133 | - | - | - | €0.1m | €0.2m | €0.2m | €0.3m | €0.3m | ▲ 3.6% |
| Profit (loss) carried forward14 | €0.02m | €0.02m | €0.02m | €0.01m | €0.01m | €0.001m | €0.003m | €0.005m | ▲ 86.4% |
| Investment grants15 | - | - | - | - | - | €0.04m | €0.04m | €0.04m | ▼ 5.8% |
| Amounts payable17/49 | €0.1m | €0.2m | €0.2m | €0.6m | €0.5m | €0.6m | €0.6m | €0.8m | ▲ 38.1% |
| Amounts payable after more than one year17 | €0.01m | €0.02m | €0.007m | €0.4m | €0.4m | €0.4m | €0.4m | €0.5m | ▲ 35.1% |
| Financial debts170/4 | - | - | - | €0.4m | €0.4m | €0.4m | €0.4m | €0.5m | ▲ 35.1% |
| Amounts payable within one year42/48 | €0.1m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 45.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.03m | €0.02m | €0.03m | €0.05m | €0.06m | ▲ 12.5% |
| Trade debts44 | €0.05m | €0.02m | €0.04m | €0.02m | €0.02m | €0.03m | €0.03m | €0.04m | ▲ 24.9% |
| Suppliers440/4 | - | - | - | €0.02m | €0.02m | €0.03m | €0.03m | €0.04m | ▲ 24.9% |
| Advances received on contracts in progress46 | - | - | - | €0.07m | €0.07m | €0.07m | €0.03m | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | - | - | €0.04m | €0.05m | €0.05m | €0.05m | €0.07m | ▲ 41.3% |
| Taxes450/3 | - | - | - | €0.01m | €0.02m | €0.02m | €0.02m | €0.04m | ▲ 62.4% |
| Remuneration and social security454/9 | - | - | - | €0.02m | €0.03m | €0.03m | €0.03m | €0.03m | ▲ 23.1% |
| Other amounts payable47/48 | - | - | - | €0.06m | €0.03m | €0.02m | €0.005m | €0.08m | ▲ 16× |
| Accrued charges and deferred income492/3 | - | - | - | - | - | - | - | €68 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,459 | €25,107 | €75,700 | €46,274 | €15,689 | €49,213 | €59,098 | €87,223 | ▲ 47.6% |
| + Depreciation and write-downs630 | €37,326 | €32,102 | €21,636 | €25,978 | €39,926 | €49,598 | €57,767 | €61,478 | ▲ 6.4% |
| Operating cash flow (approximation) | €40,785 | €57,209 | €97,336 | €72,252 | €55,615 | €98,811 | €116,865 | €148,701 | ▲ 27.2% |
| Investment in fixed assets (approximation) | - | -€36,505 | -€730 | -€500,443 | -€37,232 | -€125,360 | -€30,631 | -€255,362 | ▼ 734% |
| Change in cash | - | €98,122 | €32,530 | -€43,218 | -€66,429 | €35,732 | €20,116 | -€53,280 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 13 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 15-07-2026 | 2026-00293349 | NBB |
| 31-12-2024 | full format | 19-08-2025 | 2025-00385017 | |
| 31-12-2023 | full format | 28-06-2024 | 2024-00186564 | |
| 31-12-2022 | micro format | 16-08-2023 | 2023-00329662 | |
| 31-12-2021 | micro format | 17-08-2022 | 2022-20304217 | |
| 31-12-2020 | micro format | 05-08-2021 | 2021-46800258 | |
| 31-12-2019 | micro format | 26-06-2020 | 2020-21800103 | |
| 31-12-2018 | micro format | 26-08-2019 | 2019-53700282 | |
| 31-12-2017 | micro format | 22-08-2018 | 2018-49000424 | |
| 31-12-2016 | micro format | 24-07-2017 | 2017-34900223 |
Board & ownership
Directors
Owners and capital
Owners
Mandate history
- Board
- began earlier
- end not dated
| Name | Functions and periods |
|---|---|
| MUYZERS Kevin |
|
| LEGRAND Marion |
|
Articles of association
Board and representation
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Avec ou sans limitation de durée, un ou plusieurs administrateurs”
Capital, shares and profit
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- “Nominatives, registre des actions nominatives”
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Moitié cédant et moitié acquéreurs proportionnellement aux actions acquises, écrit par pli recommandé”
Audit, dissolution and liquidation
- Dissolution ruleThe articles set when and by whom the company can be dissolved.
- “Assemblée générale délibérant dans les formes prévues pour les modifications aux statuts, en tout temps”
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Dissolution pour quelque cause et à quelque moment que ce soit, désigner un ou plusieurs liquidateurs et déterminer leurs pouvoirs et…”
Articles of association, deed of 19-12-2023 (in French)
Network & group
STREAM SERVICES shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of STREAM SERVICES. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
19-12
Gazette deed
Reappointment: MUYZERS Kevin (director)Appointment: LEGRAND Marion (alternate director) · Capital conversion · Reserve release10 points ▸
- General meeting, 06-12-2023
- Other provision, “adaptation des statuts au Code des sociétés et des associations, Première décision” (deed in French)
- Capital conversion, “compte(s) de capitaux propres statutairement indisponible(s)”, EUR (deed in French)
- Reserve release, “suppression, compte de capitaux propres statutairement indisponible créé en application de l'article 39 §2 deuxième alinéa, loi du 23-03-2019” (deed in French)
- Amendment of the articles
- Director reappointment, MUYZERS Kevin (director)
- Director appointment, LEGRAND Marion (alternate director)
- Registered office clause, “1330 Rixensart, avenue Léopold 36” (deed in French)
- Power of attorney
- Power of attorney, Olivier BROUWERS
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Invoicing and payment
Financial year and general meeting
Accounts at the NBBRecognitions · licences · registrations
Licences in the Official Gazette
1 publicationSites & property
2 establishment units
Buildings and parcels at the addresses
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 25006C0331/00N000 | Wallonia | 6,168 m² | 1 · 2,304 m² | 12.8 m · 2 |
| 25091A0106/00K000 | Wallonia | 91 m² | 1 · 81 m² | - |