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SOUNDSTATION

Active
Private limited company (pre-2019)founded 199630 yrs activeRue du Boubou 1, 4130 Esneux, BelgiumKBO/BCE: BE 0458.114.370

SOUNDSTATION has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10k and a net result of €-1k. Equity is growing by ~9.4% per year across the filed fiscal years. Its solvency ranks better than 34% of 1970 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
22 / 100
Critical= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency38▼-7
Growth52=
Stability100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.75 against 0.8 in 2024), and 71.9% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 90
Relative position
BE, all sectors
reference
Sector 90
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 30 years 0 40 y
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
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 2025
Solvency, return and age of the figures
Solvency
28.1%
Return on assets
-3.8%
Age of the figures
8 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-09-2026, 40 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 · 10 filings
Deviation from the deadline
2025
40 d late
2024
32 d late
2023
56 d early
2022
21 d late
2021
28 d late
2020
86 d late
2019
70 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 months
Position in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€10k▼ 12.0%
2024 · €12k
2018: €5k 2019: €5k 2020: €4k 2021: €16k 2022: €15k 2024: €12k
2018 → 2025
Total assets
€37k▼ 1.2%
2024 · €37k
2018: €37k 2019: €37k 2020: €38k 2021: €37k 2022: €37k 2024: €37k
2018 → 2025
Net result
€-1k▼ 1.1%
2024 · €-1k
2018: €-482 2019: €-657 2020: €-60 2021: €12k 2022: €-1k 2024: €-1k
2018 → 2025
Working capital
€-6k▼ 27.8%
2024 · €-5k
2018: €-11k 2019: €-12k 2020: €-12k 2021: €-347 2022: €-1k 2024: €-5k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220242025Trend
Equity€4k-€16k▲ 268%€15k▼ 6.9%€12k▼ 23.4%€10k▼ 12.0%
Operating result€-2k-€12k€-913€-1k▼ 29.1%€-1k▼ 10.5%
Net result€-60-€12k€-1k€-1k▼ 23.4%€-1k▼ 1.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-5k€0€5k€10kOperating result 2020: €-2k€-2kNet result 2020: €-60€-60Operating result 2021: €12k€12kNet result 2021: €12k€12kOperating result 2022: €-913€-913Net result 2022: €-1k€-1kOperating result 2024: €-1k€-1kNet result 2024: €-1k€-1kOperating result 2025: €-1k€-1kNet result 2025: €-1k€-1k20202021202220242025
The operating result stays negative: a loss of €1k in 2025 against €1k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €37k
Fixed assets €17k=
Current assets €20k▼ 2.2%
Equity and liabilities €37k
Equity €10k▼ 12.0%
Debt €26k▲ 3.8%
The debt ratio rises from 68.4% to 71.9%: debt grows while equity shrinks.
Key figures and ratios
2025 value · change against 2024
Solvency
28.1%
2024 · 31.6%
Current ratio
0.75
2024 · 0.80
Quick ratio
0.37
2024 · 0.41
Debt / equity
2.55
2024 · 2.16
ROE
-13.6%
2024 · -11.9%
ROA
-3.8%
2024 · -3.7%
Debt
€26k
2024 · €25k
Debt ≤ 1 year
€26k
2024 · €25k
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€37k€37k
Fixed assets21/28€17k€17k=
Financial fixed assets28€17k€17k=
Current assets29/58€20k€20k
Stocks and contracts in progress3€10k€10k=
Stocks30/36€10k€10k=
Amounts receivable within one year40/41€10k€10k=
Trade receivables40€7k€7k=
Other amounts receivable41€3k€3k=
Cash at bank and in hand54/58€226€35
Deferred charges and accrued income490/1€428€168
Equity and liabilities
Total equity and liabilities10/49€37k€37k
Equity10/15€12k€10k
Contributions10/11€26k€26k=
Reserves13€3k€3k=
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Profit (loss) carried forward14€-17k€-18k
Amounts payable17/49€25k€26k
Amounts payable within one year42/48€25k€26k
Trade debts44€673€528
Suppliers440/4€673€528
Other amounts payable47/48€25k€26k
Income statement Code20242025
Gross operating margin9900€-1k€-1k
Operating profit (loss)9901€-1k€-1k
Financial charges65/66B€209€100
Recurring financial charges65€209€100
Profit (loss) for the period before taxes9903€-1k€-1k
Profit (loss) for the period9904€-1k€-1k
Profit (loss) for the period to be appropriated9905€-1k€-1k
Appropriation of the result
Profit (loss) to be appropriated9906€-17k€-18k
Profit (loss) brought forward from the previous period14P€-16k€-17k

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
09-09
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 40 days late
2025
31-12
Financial Weakest financial yearnet €-1k
Net result drops to €-1k, the lowest in the series.
01-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 32 days late
2024
05-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
21-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 21 days late
2022
28-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 28 days late
2021
31-12
Financial Back to profitnet €12k
Net result €12k after 3 loss-making years.
25-10
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 86 days late
2020
09-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 70 days late
2019
25-09
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 56 days late
2018
21-09
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 52 days late
2017
22-09
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 53 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Esneux · 2 establishment units since 1996
establishment All 2 establishment units on the map
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.

Rue du Boubou 14130 Esneux
Ground area
2,543 m²
Building footprint
98 m²
Volume, LiDAR
687 m³
2 parcels, Wallonia · tallest building 10.1 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Rue du Boubou 1-3, 4130 Esneux
Arts creation and performing arts activities
since 19962.077.359.621
Soundstation
Rue Grandgagnage 12, 4000 LiègeWarehousing and storage
since 20222.362.297.121
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62101B0083/00V004
ProtectedSite or landscape
Wallonia 2,273 m² 1 · 52 m² 6.8 m · 2 fl.
62813E0011/00T002
ProtectedMonument
Wallonia 270 m² 1 · 45 m² 10.1 m · 3 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
2 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).

Similar companies · same sector, comparable size

Of 367 companies in sector 90311 we hold annual accounts for 154. 59 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded24-05-1996
Fiscal year end31-12
Activities, NACEBEL
90311Arts creation and performing arts activities
90202Performing arts by artistic ensembles
92312
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.