RACESOUND
ActiveRACESOUND has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €30k and a net result of €3k. Equity is shrinking by ~12.9% per year across the filed fiscal years. Its solvency ranks better than 36% of 1503 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
86
/ 100
Excellent▲ +56 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability54▲+54
Solvency55▲+20
Growth32=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity tight (current ratio 1.28 against 0.41 in 2024), and 68.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers 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
Sector 59
lower
← fewer bankruptcies
more bankruptcies →
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
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
31.1%
Return on assets
3.4%
Age of the figures
8 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 27-04-2026, 95 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
95 d early
2024
127 d early
2023
70 d early
2022
31 d late
2021
24 d late
2020
2 d late
2019
14 d late
← before the deadline
after the deadline →
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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€30k▲ 12.1%
2024 · €27k
2018: €88k
2019: €104k
2020: €60k
2021: €103k
2022: €81k
2023: €68k
2024: €27k
2018 → 2025
Total assets
€98k▲ 6.8%
2024 · €91k
2018: €119k
2019: €181k
2020: €201k
2021: €197k
2022: €171k
2023: €163k
2024: €91k
2018 → 2025
Net result
€3k
2024 · €-17k
2018: €24k
2019: €17k
2020: €-44k
2021: €43k
2022: €23k
2023: €-9k
2024: €-17k
2018 → 2025
Working capital
€9k
2024 · €-19k
2018: €74k
2019: €104k
2020: €45k
2021: €64k
2022: €50k
2023: €14k
2024: €-19k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€103k-€81k▼ 21.7%€68k▼ 15.6%€27k▼ 60.2%€30k▲ 12.1%
Operating result€46k-€34k▼ 26.8%€-4k€-14k▼ 247%€7k
Net result€43k-€23k▼ 46.0%€-9k€-17k▼ 87.0%€3k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €7k after a loss of €14k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €98k
Fixed assets
€58k▼ 25.8%
Current assets
€40k▲ 200%
Equity and liabilities €98k
Equity
€30k▲ 12.1%
Debt
€67k▲ 4.6%
The debt ratio falls from 70.4% to 68.9%: equity grows faster than debt.
Key figures and ratios
EBITDA
€31k▲
2024 · €17k
Cash flow
€28k▲
2024 · €15k
Solvency
31.1%▲
2024 · 29.6%
Current ratio
1.28▲
2024 · 0.41
Quick ratio
1.28▲
2024 · 0.41
Debt / equity
2.21▼
2024 · 2.37
ROE
10.8%▲
2024 · -61.6%
ROA
3.4%▲
2024 · -18.3%
Interest coverage
8.85▲
2024 · 5.14
Debt
€67k▲
2024 · €64k
Debt ≤ 1 year
€31k▼
2024 · €32k
Debt > 1 year
€36k▲
2024 · €32k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€91k€98k▲
Fixed assets21/28€78k€58k▼
Tangible fixed assets22/27€77k€57k▼
Plant, machinery and equipment23€36k€24k▼
Furniture and vehicles24€396€0▼
Other tangible fixed assets26€41k€34k▼
Financial fixed assets28€786€786=
Current assets29/58€13k€40k▲
Amounts receivable within one year40/41€13k€27k▲
Trade receivables40€13k€23k▲
Other amounts receivable41€0€4k▲
Cash at bank and in hand54/58€0€5k▲
Deferred charges and accrued income490/1€327€7k▲
Equity and liabilities
Total equity and liabilities10/49€91k€98k▲
Equity10/15€27k€30k▲
Contributions10/11€12k€12k=
Reserves13€38k€38k=
Distributable reserves133€38k€38k=
Profit (loss) carried forward14€-24k€-20k▲
Amounts payable17/49€64k€67k▲
Amounts payable after more than one year17€32k€36k▲
Financial debts170/4€32k€36k▲
Amounts payable within one year42/48€32k€31k▼
Current portion of amounts payable after more than one year42€13k€13k▼
Financial debts43€5k€3k▼
Credit institutions430/8€4k€3k▼
Other loans439€833€0▼
Trade debts44€1k€5k▲
Suppliers440/4€1k€5k▲
Taxes, remuneration and social security45€10k€10k▲
Taxes450/3€10k€10k▲
Other amounts payable47/48€3k€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32k€24k▼
Other operating charges640/8€1k€3k▲
Gross operating margin9900€19k€34k▲
Operating profit (loss)9901€-14k€7k▲
Financial income75/76B€859€0▼
Recurring financial income75€859€0▼
Financial charges65/66B€3k€4k▲
Recurring financial charges65€3k€4k▲
Profit (loss) for the period before taxes9903€-17k€3k▲
Profit (loss) for the period9904€-17k€3k▲
Profit (loss) for the period to be appropriated9905€-17k€3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-24k€-20k▲
Profit (loss) brought forward from the previous period14P€-7k€-24k▼
Transfer from equity791/2€24k€0▼
Profit to be distributed694/7€24k€0▼
Return on contributions (dividend)694€24k€0▼
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €3k
Net result €3k after 2 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 1.28
Current ratio from 0.41 to 1.28; short-term debt falls from €32k to €31k.
26-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
22-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
31-12
Financial
Back to profitnet €43k
Net result €43k after one loss-making year.
31-12
Financial
Equity above €100kEq €103k ▲71.2%
Equity rises from €60k to €103k.
02-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 2 days late
2020
31-12
Financial
Weakest financial yearnet €-44k ▼364%
Net result drops to €-44k, the lowest in the series; recovery starts the following year.
14-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 14 days late
2019
31-12
Financial
Equity above €100kEq €104k ▲19.1%
2 profitable years in a row build equity to €104k.
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
07-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 38 days late
2017
20-06
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.
Directors · office · real estate
Directors
2 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, Sint-Katelijne-Waver · 1 establishment unit since 2000
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Mechelsesteenweg(CEN) 1472860 Sint-Katelijne-WaverGround area
1.1 ha
Parcel 12422D0430/00M003, Flanders. Linked by address, not a title deed.
1 establishment unit
RACESOUND
since 20002.101.039.497
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12422D0430/00M003 | Flanders | 1.1 ha | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
EXKUUZ
BE 0461.821.156
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Sound Solutions
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BRT 3
BE 0785.844.213
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Ball & Biscuit
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Unframed
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Of 1,060 companies in sector 59120 we hold annual accounts for 451. 352 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-09-2000
Fiscal year end31-12
Activities, NACEBEL
59120Post-production of films, video and television programmes
59111Production of cinema films
59112Motion picture, video and television programme production, sound recording and music publishing activities
59113Video and film production, excluding cinema and television films
59114Motion picture, video and television programme production, sound recording and music publishing activities
59130Motion picture, video and television programme production, sound recording and music publishing activities
59201Sound recording
59203Motion picture, video and television programme production, sound recording and music publishing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.