ABCD
ActiveSummary
ABCD has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €43,360 and a net result of €11,381. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 65% of 1930 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability90▼-10
Solvency89▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days acceptable
Liquidity ample (current ratio 2.41 against 1.81 in 2023; short-term debt: 35.7% and cash: 11.7% of total assets), and 35.7% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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
Motion picture, video and television programme production, sound recording and music publishing activities (NACE 59)
about 37% fewer bankruptcies
← 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
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 2024Solvency, return and age of the figures
Solvency
64.3%
Return on assets
16.9%
Age of the figures
21 mo
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €43,360
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-06-2025, 48 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
48 d early
2023
50 d early
2022
47 d early
2021
12 d late
2020
27 d late
2019
45 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 10 days before the deadline; the sector median for financial year 2024 is 2 days before the deadline, and 41% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€43,360▲ 35.6%
2023 · €31,979
Total assets
€67,473▲ 21.3%
2023 · €55,616
Net result
€11,381▼ 50.6%
2023 · €23,061
Working capital
€33,891▲ 77.6%
2023 · €19,083
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 59, Motion picture, video and television programme production, sound recording and music publishing activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€3,638▼ 1.6%€21,395-€133€24,401€12,443▼ 49.0%
Net result-€5,479below the sector's middle half▲ 32.7%€20,240within the sector's middle half€1,356within the sector's middle half▼ 93.3%€23,061above the sector's middle half▲ 1,601%€11,381within the sector's middle half▼ 50.6%
Equity-€12,679below the sector's middle half▼ 76.1%€7,561below the sector's middle half€8,917below the sector's middle half▲ 17.9%€31,979within the sector's middle half▲ 259%€43,360within the sector's middle half▲ 35.6%
Total assets€68,346within the sector's middle half▼ 20.1%€64,012within the sector's middle half▼ 6.3%€50,575within the sector's middle half▼ 21.0%€55,616within the sector's middle half▲ 10.0%€67,473within the sector's middle half▲ 21.3%
Debt€81,025▼ 12.6%€56,450▼ 30.3%€41,657▼ 26.2%€23,637▼ 43.3%€24,113▲ 2.0%
Working capital-€22,669▲ 25.1%-€16,802▲ 25.9%-€7,200▲ 57.1%€19,083€33,891▲ 77.6%
Solvency-18.6%below the sector's middle half▼ 10.1pp11.8%below the sector's middle half▲ 30.4pp17.6%within the sector's middle half▲ 5.8pp57.5%within the sector's middle half▲ 39.9pp64.3%within the sector's middle half▲ 6.8pp
Staff (FTE)2.9above the sector's middle half▼ 17.1%5▲ 72.4%2.6▼ 48.0%1.7▼ 34.6%2▲ 17.6%
above
within
below
the middle half (P25 to P75) of NACE 59, Motion picture, video and television programme production, sound recording and music publishing activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 49% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €67,473
Fixed assets
€9,470 ▼ 26.6%
Current assets
€58,004 ▲ 35.8%
Equity and liabilities €67,473
Equity
€43,360 ▲ 35.6%
Debt
€24,113 ▲ 2.0%
Debt's share of the balance-sheet total falls from 42.5% to 35.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€15,869▼
2023 · €28,797
Cash flow
€14,808▼
2023 · €27,457
Current ratio
2.41▲
2023 · 1.81
Quick ratio
0.60▼
2023 · 0.63
Debt to equity
0.56▼
2023 · 0.74
ROE
26.2%▼
2023 · 72.1%
ROA
16.9%▼
2023 · 41.5%
Interest coverage
15.80▼
2023 · 23.17
Debt ≤ 1 year
€24,113▲
2023 · €23,637
Income taxes
€70▼
2023 · €98
Staff costs
€91,528▲
2023 · €74,753
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,349 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,349 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €3,394 | - |
| Remuneration, social security and pensions62 | - | €33,823 | €64,527 | €74,753 | €91,528 | ▲ 22.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,467 | €8,830 | €8,246 | €4,396 | €3,427 | ▼ 22.0% |
| Other operating charges640/8 | - | €2,720 | €7,463 | €7,214 | €6,031 | ▼ 16.4% |
| Gross operating margin9900 | €58,301 | €66,769 | €80,102 | €110,764 | €113,428 | ▲ 2.4% |
| Operating profit (loss)9901 | -€3,638 | €21,395 | -€133 | €24,401 | €12,443 | ▼ 49.0% |
| Financial income75/76B | - | €22 | €3,175 | €1 | €13 | ▲ 940% |
| Recurring financial income75 | €411 | €22 | €3,175 | €1 | €13 | ▲ 940% |
| Financial charges65/66B | - | €1,087 | €1,594 | €1,243 | €1,004 | ▼ 19.2% |
| Recurring financial charges65 | €2,157 | €1,087 | €1,594 | €1,243 | €1,004 | ▼ 19.2% |
| Profit (loss) for the period before taxes9903 | -€5,385 | €20,329 | €1,448 | €23,159 | €11,451 | ▼ 50.6% |
| Income taxes67/77 | €94 | €89 | €92 | €98 | €70 | ▼ 28.7% |
| Profit (loss) for the period9904 | -€5,479 | €20,240 | €1,356 | €23,061 | €11,381 | ▼ 50.6% |
| Profit (loss) for the period to be appropriated9905 | -€5,479 | €20,240 | €1,356 | €23,061 | €11,381 | ▼ 50.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €68,346 | €64,012 | €50,575 | €55,616 | €67,473 | ▲ 21.3% |
| Fixed assets21/28 | €32,190 | €24,364 | €16,118 | €12,896 | €9,470 | ▼ 26.6% |
| Tangible fixed assets22/27 | €23,485 | €15,659 | €7,413 | €4,192 | €765 | ▼ 81.8% |
| Land and buildings22 | - | €7,716 | €4,733 | €1,882 | - | - |
| Plant, machinery and equipment23 | - | €3,179 | €2,000 | €1,000 | - | - |
| Furniture and vehicles24 | - | €4,764 | €680 | €1,309 | €765 | ▼ 41.6% |
| Financial fixed assets28 | €8,705 | €8,705 | €8,705 | €8,705 | €8,705 | = |
| Current assets29/58 | €36,156 | €39,648 | €34,457 | €42,720 | €58,004 | ▲ 35.8% |
| Stocks and contracts in progress3 | €30,339 | €26,989 | €29,604 | €27,774 | €43,578 | ▲ 56.9% |
| Stocks30/36 | - | €26,989 | €29,604 | €27,774 | €43,578 | ▲ 56.9% |
| Amounts receivable within one year40/41 | €838 | - | - | €1,658 | €4,337 | ▲ 162% |
| Trade receivables40 | - | - | - | €1,658 | - | - |
| Other amounts receivable41 | - | - | - | - | €4,337 | - |
| Cash at bank and in hand54/58 | €2,378 | €9,577 | €2,534 | €11,959 | €7,908 | ▼ 33.9% |
| Deferred charges and accrued income490/1 | - | €3,082 | €2,320 | €1,330 | €2,180 | ▲ 63.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €68,346 | €64,012 | €50,575 | €55,616 | €67,473 | ▲ 21.3% |
| Equity10/15 | -€12,679 | €7,561 | €8,917 | €31,979 | €43,360 | ▲ 35.6% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €65,200 | €65,200 | €65,200 | €65,200 | €24,760 | ▼ 62.0% |
| Non-distributable reserves130/1 | - | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | - | - | - | - |
| Distributable reserves133 | - | €63,340 | €65,200 | €65,200 | €24,760 | ▼ 62.0% |
| Profit (loss) carried forward14 | -€96,479 | -€76,238 | -€74,882 | -€51,821 | - | - |
| Amounts payable17/49 | €81,025 | €56,450 | €41,657 | €23,637 | €24,113 | ▲ 2.0% |
| Amounts payable within one year42/48 | €58,825 | €56,450 | €41,657 | €23,637 | €24,113 | ▲ 2.0% |
| Trade debts44 | €19,356 | €4,387 | €10,760 | €5,288 | €5,759 | ▲ 8.9% |
| Suppliers440/4 | - | €4,387 | €10,760 | €5,288 | €5,759 | ▲ 8.9% |
| Taxes, remuneration and social security45 | - | €12,098 | €8,877 | €7,726 | €18,354 | ▲ 138% |
| Taxes450/3 | - | €5,175 | €5,606 | €4,540 | €5,340 | ▲ 17.6% |
| Remuneration and social security454/9 | - | €6,923 | €3,271 | €3,186 | €13,014 | ▲ 308% |
| Other amounts payable47/48 | - | €39,966 | €22,021 | €10,623 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€5,479 | €20,240 | €1,356 | €23,061 | €11,381 | ▼ 50.6% |
| + Depreciation and write-downs630 | €10,467 | €8,830 | €8,246 | €4,396 | €3,427 | ▼ 22.0% |
| Operating cash flow (approximation) | €4,988 | €29,070 | €9,602 | €27,457 | €14,808 | ▼ 46.1% |
| Investment in fixed assets (approximation) | - | -€1,004 | €0 | -€1,174 | €0 | ▲ 100% |
| Change in cash | - | €7,199 | -€7,043 | €9,425 | -€4,050 | ▼ 143% |
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
2025
13-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
11-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €23,061 ▲1,601%
Operating result €24,401, net result €23,061, both a record.
31-12
Financial
Liquidity doublescurrent ratio 1.81
Current ratio from 0.83 to 1.81; short-term debt falls from €41,657 to €23,637.
14-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
12-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 12 days late
2021
31-12
Financial
Back to profitnet €20,240
Net result €20,240 after 3 loss-making years.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
14-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 45 days late
2019
16-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 47 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
12-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 12 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, Gent · 1 establishment unit since 2011
Ground area
74 m²
Building footprint
74 m²
Volume, LiDAR
999 m³
Parcel 44804D0036/00S002, Flanders · tallest building 16.8 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
STAR
since 20112.195.402.483
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44804D0036/00S002 | Flanders | 74 m² | 1 · 74 m² | 16.8 m · 5 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 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Recognitions · licences · registrations
Food safety, FASFC
1 siteGent2.195.402.483
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Of 159 companies in sector 59140 we hold annual accounts for 87. 51 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
Founded23-11-1993
Fiscal year end31-12
Activities, NACEBEL 2025
59140Motion picture, video and television programme production, sound recording and music publishing activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0451257361
Also
9925:BE0451257361
Registered
14-11-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.