I've encountered this problem before and searched for a solution on Reddit and Steam forums. Disabling subsurface scattering in video settings and deleting c:/Program Data/Mount and Blade/shaders folder helped me. I guess the reason is that mods sometimes change files in Shaders folder, which later leads to game crash. In my case, I fully deleted Mount and Blade folder on C disc, BUT be carefull and first copy your save files if you're going to do that, you're going to lose your progress otherwise. After deleting files Steam launcher will download them once again on verifying integrity of local files and game should be OK after. It worked for me, but I can't promise the result for you, so be careful.