The Big Tree
ActiveSummary
The Big Tree has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-48k) and a net result of €-186k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 12% of 7058 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-72
Solvency20▼-20
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.27 against 1.2 in 2024; short-term debt: 77.5% and cash: 10.6% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
-5%
Return on assets
-19.1%
Age of the figures
9 mo
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 €-48k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 8 filingsDeviation from the deadline
2025
31 d late
2024
29 d late
2023
30 d late
2022
31 d late
2021
18 d late
2020
5 d late
2019
152 d late
← 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
€-48k
2024 · €138k
2018: €12k
2019: €-88k▼ -817% vs 2018
2020: €-171k▼ -94.7% vs 2019lowest in 8 years
2021: €-164k▲ +4.1% vs 2020
2022: €58k▲ +135% vs 2021
2023: €88k▲ +52.7% vs 2022
2024: €138k▲ +56.6% vs 2023highest in 8 years
2025: €-48k▼ -135% vs 2024
2018 → 2025
Total assets
€972k▲ 8.9%
2024 · €893k
2018: €26klowest in 8 years
2019: €133k▲ +414% vs 2018
2020: €183k▲ +37.2% vs 2019
2021: €227k▲ +24.2% vs 2020
2022: €404k▲ +77.7% vs 2021
2023: €665k▲ +64.7% vs 2022
2024: €893k▲ +34.2% vs 2023
2025: €972k▲ +8.9% vs 2024highest in 8 years
2018 → 2025
Net result
€-186k
2024 · €25k
2018: €12
2019: €-100k▼ -825845% vs 2018
2020: €-83k▲ +16.9% vs 2019
2021: €-193k▼ -133% vs 2020lowest in 8 years
2022: €-104k▲ +46.0% vs 2021
2023: €-170k▼ -62.9% vs 2022
2024: €25k▲ +115% vs 2023highest in 8 years
2025: €-186k▼ -851% vs 2024
2018 → 2025
Working capital
€203k▲ 40.3%
2024 · €145k
2018: €9klowest in 8 years
2019: €21k▲ +139% vs 2018
2020: €72k▲ +236% vs 2019
2021: €25k▼ -65.0% vs 2020
2022: €85k▲ +238% vs 2021
2023: €92k▲ +7.6% vs 2022
2024: €145k▲ +57.7% vs 2023
2025: €203k▲ +40.3% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-164k-€58k€88k▲ 52.7%€138k▲ 56.6%€-48k
2021: €-164klowest in 5 years
2022: €58k▲ +135% vs 2021
2023: €88k▲ +52.7% vs 2022
2024: €138k▲ +56.6% vs 2023highest in 5 years
2025: €-48k▼ -135% vs 2024
Operating result€-191k-€-101k▲ 47.3%€-167k▼ 66.2%€30k€-178k
2021: €-191klowest in 5 years
2022: €-101k▲ +47.3% vs 2021
2023: €-167k▼ -66.2% vs 2022
2024: €30k▲ +118% vs 2023highest in 5 years
2025: €-178k▼ -683% vs 2024
Net result€-193k-€-104k▲ 46.0%€-170k▼ 62.9%€25k€-186k
2021: €-193klowest in 5 years
2022: €-104k▲ +46.0% vs 2021
2023: €-170k▼ -62.9% vs 2022
2024: €25k▲ +115% vs 2023highest in 5 years
2025: €-186k▼ -851% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €178k after €30k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €972k
Fixed assets
€16k ▲ 10.6%
Current assets
€956k ▲ 8.9%
Key figures and ratios
EBITDA
€-171k▼
2024 · €37k
Cash flow
€-179k▼
2024 · €32k
Solvency
-5.0%▼
2024 · 15.4%
Current ratio
1.27▲
2024 · 1.20
Debt to equity
-21.11▼
2024 · 5.49
ROA
-19.1%▼
2024 · 2.8%
Interest coverage
-18.77▼
2024 · 7.08
Debt
€1.02M▲
2024 · €755k
Debt ≤ 1 year
€753k▲
2024 · €733k
Debt > 1 year
€260k▲
2024 · €10k
Income taxes
€478▼
2024 · €505
Staff costs
€143k▼
2024 · €158k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€893k€972k▲
Fixed assets21/28€15k€16k▲
Tangible fixed assets22/27€13k€9k▼
Plant, machinery and equipment23€11k€6k▼
Furniture and vehicles24€2k€3k▲
Financial fixed assets28€2k€7k▲
Current assets29/58€878k€956k▲
Amounts receivable within one year40/41€771k€819k▲
Trade receivables40€769k€780k▲
Other amounts receivable41€3k€39k▲
Cash at bank and in hand54/58€64k€103k▲
Deferred charges and accrued income490/1€43k€34k▼
Equity and liabilities
Total equity and liabilities10/49€893k€972k▲
Equity10/15€138k€-48k▼
Contributions10/11€763k€763k=
Reserves13€12€12=
Non-distributable reserves130/1€12€12=
Reserves not available under the articles1311€12€12=
Profit (loss) carried forward14€-625k€-811k▼
Amounts payable17/49€755k€1.02M▲
Amounts payable after more than one year17€10k€260k▲
Financial debts170/4-€250k
Other amounts payable178/9€10k€10k=
Amounts payable within one year42/48€733k€753k▲
Current portion of amounts payable after more than one year42€812-
Trade debts44€453k€456k▲
Suppliers440/4€453k€456k▲
Advances received on contracts in progress46€237k€243k▲
Taxes, remuneration and social security45€28k€43k▲
Taxes450/3€7k€19k▲
Remuneration and social security454/9€21k€24k▲
Other amounts payable47/48€15k€11k▼
Accrued charges and deferred income492/3€12k€8k▼
Income statement
Code20242025
Non-recurring operating income76A-€14k
Remuneration, social security and pensions62€158k€143k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k▲
Other operating charges640/8€4k€2k▼
Gross operating margin9900€199k€-26k▼
Operating profit (loss)9901€30k€-178k▼
Financial income75/76B€71€1k▲
Recurring financial income75€71€1k▲
Financial charges65/66B€5k€9k▲
Recurring financial charges65€5k€9k▲
Profit (loss) for the period before taxes9903€25k€-185k▼
Income taxes67/77€505€478▼
Profit (loss) for the period9904€25k€-186k▼
Profit (loss) for the period to be appropriated9905€25k€-186k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-625k€-811k▼
Profit (loss) brought forward from the previous period14P€-650k€-625k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €51k | - | - | - | €14k | - |
| Remuneration, social security and pensions62 | €87k | €130k | €164k | €158k | €143k | ▼ 9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5k | €5k | €7k | €7k | €7k | ▲ 2.9% |
| Other operating charges640/8 | €916 | €2k | €310 | €4k | €2k | ▼ 64.5% |
| Gross operating margin9900 | €-98k | €36k | €5k | €199k | €-26k | ▼ 113% |
| Operating profit (loss)9901 | €-191k | €-101k | €-167k | €30k | €-178k | ▼ 683% |
| Financial income75/76B | €377 | €218 | €23 | €71 | €1k | ▲ 1,706% |
| Recurring financial income75 | €377 | €218 | €23 | €71 | €1k | ▲ 1,706% |
| Financial charges65/66B | €2k | €3k | €2k | €5k | €9k | ▲ 71.8% |
| Recurring financial charges65 | €2k | €3k | €2k | €5k | €9k | ▲ 71.8% |
| Profit (loss) for the period before taxes9903 | €-193k | €-104k | €-169k | €25k | €-185k | ▼ 834% |
| Income taxes67/77 | - | €192 | €202 | €505 | €478 | ▼ 5.4% |
| Profit (loss) for the period9904 | €-193k | €-104k | €-170k | €25k | €-186k | ▼ 851% |
| Profit (loss) for the period to be appropriated9905 | €-193k | €-104k | €-170k | €25k | €-186k | ▼ 851% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €227k | €404k | €665k | €893k | €972k | ▲ 8.9% |
| Fixed assets21/28 | €11k | €12k | €17k | €15k | €16k | ▲ 10.6% |
| Tangible fixed assets22/27 | €11k | €10k | €16k | €13k | €9k | ▼ 29.4% |
| Plant, machinery and equipment23 | €7k | €7k | €13k | €11k | €6k | ▼ 47.1% |
| Furniture and vehicles24 | €4k | €3k | €2k | €2k | €3k | ▲ 69.3% |
| Financial fixed assets28 | €394 | €2k | €2k | €2k | €7k | ▲ 325% |
| Current assets29/58 | €216k | €392k | €648k | €878k | €956k | ▲ 8.9% |
| Amounts receivable within one year40/41 | €167k | €345k | €594k | €771k | €819k | ▲ 6.1% |
| Trade receivables40 | €165k | €345k | €594k | €769k | €780k | ▲ 1.5% |
| Other amounts receivable41 | €2k | - | - | €3k | €39k | ▲ 1,368% |
| Cash at bank and in hand54/58 | €45k | €41k | €48k | €64k | €103k | ▲ 61.5% |
| Deferred charges and accrued income490/1 | €4k | €6k | €5k | €43k | €34k | ▼ 20.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €227k | €404k | €665k | €893k | €972k | ▲ 8.9% |
| Equity10/15 | €-164k | €58k | €88k | €138k | €-48k | ▼ 135% |
| Contributions10/11 | €212k | €538k | €738k | €763k | €763k | = |
| Outside capital11 | €212k | - | - | - | - | - |
| Other1109/19 | €212k | - | - | - | - | - |
| Reserves13 | €12 | €12 | €12 | €12 | €12 | = |
| Non-distributable reserves130/1 | €12 | €12 | €12 | €12 | €12 | = |
| Reserves not available under the articles1311 | €12 | €12 | €12 | €12 | €12 | = |
| Profit (loss) carried forward14 | €-376k | €-480k | €-650k | €-625k | €-811k | ▼ 29.8% |
| Amounts payable17/49 | €391k | €346k | €577k | €755k | €1.02M | ▲ 35.2% |
| Amounts payable after more than one year17 | €200k | €40k | €13k | €10k | €260k | ▲ 2,615% |
| Financial debts170/4 | - | - | €3k | - | €250k | - |
| Other amounts payable178/9 | €200k | €40k | €10k | €10k | €10k | = |
| Amounts payable within one year42/48 | €191k | €307k | €556k | €733k | €753k | ▲ 2.7% |
| Current portion of amounts payable after more than one year42 | €2k | - | - | €812 | - | - |
| Trade debts44 | €119k | €209k | €448k | €453k | €456k | ▲ 0.6% |
| Suppliers440/4 | €119k | €209k | €448k | €453k | €456k | ▲ 0.6% |
| Advances received on contracts in progress46 | €35k | €49k | €74k | €237k | €243k | ▲ 2.8% |
| Taxes, remuneration and social security45 | €26k | €39k | €27k | €28k | €43k | ▲ 54.3% |
| Taxes450/3 | €16k | €19k | €6k | €7k | €19k | ▲ 168% |
| Remuneration and social security454/9 | €10k | €19k | €21k | €21k | €24k | ▲ 15.3% |
| Other amounts payable47/48 | €8k | €10k | €7k | €15k | €11k | ▼ 26.6% |
| Accrued charges and deferred income492/3 | - | - | €9k | €12k | €8k | ▼ 35.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-193k | €-104k | €-170k | €25k | €-186k | ▼ 851% |
| + Depreciation and write-downs630 | €5k | €5k | €7k | €7k | €7k | ▲ 2.9% |
| Operating cash flow (approximation) | €-188k | €-99k | €-162k | €32k | €-179k | ▼ 664% |
| Investment in fixed assets (approximation) | - | €-6k | €-13k | €-4k | €-9k | ▼ 109% |
| Change in cash | - | €-4k | €7k | €15k | €39k | ▲ 154% |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Back to profitnet €25k
Net result €25k after 5 loss-making years.
31-12
Financial
Equity above €100kEq €138k ▲56.6%
Equity rises from €88k to €138k.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
18-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 18 days late
2021
31-12
Financial
Weakest financial yearnet €-193k
Net result drops to €-193k, the lowest in the series; recovery starts the following year.
05-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 5 days late
2020
30-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 152 days late
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
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
3 acts for this company are 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, Hasselt · 1 establishment unit since 2017
Ground area
861 m²
Building footprint
194 m²
Volume, LiDAR
1,502 m³
Parcel 71324E0147/00B003, Flanders · tallest building 10.5 m, ±3 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
ARTIST AMPLIFIER
since 20172.269.824.645
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71324E0147/00B003 | Flanders | 861 m² | 1 · 194 m² | 10.5 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 7 entries · 97,911 EUR awarded · 60,411 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 3 | 69,021 EUR | 31,521 EUR |
| 2024 | 2 | 7,238 EUR | 7,238 EUR |
| 2023 | 1 | 10,569 EUR | 10,569 EUR |
| 2022 | 1 | 11,083 EUR | 11,083 EUR |
Schemes
Kmo-groeisubsidie: steun voor groeitrajecten bij kmo's (stopgezet)
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Individueel Maatwerk
Subsidies voor internationaal ondernemen
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Of 13,417 companies in sector 73300 we hold annual accounts for 6,898. 5,487 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
Founded23-10-2017
Fiscal year end31-12
Trade name NL
Artist Amplifier, Wanted Music Publishing, Wanted Music Records, CCCPublishing, Hus Fuss, Motiv Records, ILSA Records, Liminal Records, Amplify Academy, Lemonade, TURNT
Activities, NACEBEL 2025
73300Public relations and communication consultancy
74991Agents and managers of artists, athletes and other public figures
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.