BACKSTAGE
BACKSTAGE has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €37k and a net result of €-7k. Equity is growing by ~4.3% per year across the filed fiscal years. Its solvency ranks better than 83% of 4760 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
| Equity | €37k |
| Net result | €-7k |
| Better than sector | 83% |
| Active | 29 yrs |
Strong profile, led by solvency.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 84.0% | 55.4% | |
| Net result | €-7k | €38k | |
| Equity | €37k | €64k | |
| Gross operating margin | €-4k | €61k | |
| Total assets | €43k | €146k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - |
| EBITDA | €-5k | €7k | €19k | €34k |
| Net profit | €-7k | €4k | €11k | €25k |
| Cash flow | €-5k | €4k | €13k | €30k |
| Staff costs | - | - | - | - |
| Income taxes | €132 | €2k | €6k | €5k |
| Dividends | €0 | €2k | €2k | €2k |
| Total assets | €43k | €58k | €62k | €52k |
| Equity | €37k | €43k | €41k | €32k |
| Debt | €7k | €15k | €21k | €19k |
| of which ≤ 1y | €7k | €15k | €21k | €17k |
| of which > 1y | - | - | - | - |
| Working capital | €34k | €39k | €40k | €31k |
| Employees (FTE) | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Current ratio | 5.88 | 3.66 | 2.91 | 2.76 |
| Quick ratio | 5.88 | 3.66 | 2.91 | 2.76 |
| Working capital ratio | 78.0% | 67.3% | 64.3% | 59.3% |
| Solvency | 84.0% | 74.7% | 66.4% | 62.7% |
| Debt / equity | 0.19 | 0.34 | 0.51 | 0.59 |
| Long-term debt ratio | - | - | - | - |
| Interest coverage | -16.64 | 15.36 | 113.28 | 210.87 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | -15.5% | 6.4% | 16.9% | 49.1% |
| ROE | -18.4% | 8.5% | 25.5% | 78.3% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Full annual accounts (23 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €43k | €58k | €62k | €52k |
| Fixed assets | 21/28 | €3k | €4k | €1k | €4k |
| Tangible fixed assets | 22/27 | €3k | €4k | €1k | €3k |
| Financial fixed assets | 28 | €99 | €99 | €99 | €99 |
| Current assets | 29/58 | €41k | €54k | €61k | €48k |
| Amounts receivable within one year | 40/41 | €10k | €14k | €0 | €22k |
| Cash & bank | 54/58 | €31k | €39k | €55k | €25k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €43k | €58k | €62k | €52k |
| Equity | 10/15 | €37k | €43k | €41k | €32k |
| Contributions / capital | 10/11 | €6k | €6k | €6k | €6k |
| Reserves | 13 | €35k | €35k | €35k | €26k |
| Accumulated profits (losses) | 14 | €-5k | €2k | €205 | €205 |
| Amounts payable | 17/49 | €7k | €15k | €21k | €19k |
| Amounts payable within one year | 42/48 | €7k | €15k | €21k | €17k |
| Trade debts payable within one year | 44 | €159 | €2k | €199 | €14k |
| Income statement | |||||
| Gross operating margin | 9900 | €-4k | €7k | €19k | €35k |
| Operating result | 9901 | €-6k | €6k | €16k | €30k |
| Financial income | 75 | €92 | €74 | €308 | €0 |
| Financial charges | 65 | €285 | €427 | €164 | €163 |
| Result before taxes | 9903 | €-7k | €5k | €16k | €30k |
| Income taxes | 67/77 | €132 | €2k | €6k | €5k |
| Net result for the period | 9904 | €-7k | €4k | €11k | €25k |
| Result to be appropriated | 9905 | €-7k | €4k | €11k | €25k |
| NACE primary | Business and other management consultancy(70200) |
| Legal form | Private limited company(610) |
| Incorporation | 08-01-1997 |
| Status | Active |
| Postal code | 1030 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25102B0176/00N000 | Wallonia | 1,412 m² | 1 · 169 m² | 12.1 m · 3 fl. |
| 21903B0068/00H002 | Brussels | 348 m² | 1 · 67 m² | 10.6 m · 3 fl. |
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.
| Legal nameFR | BACKSTAGE |