About AV
ActiveSummary
About AV has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€104,638) and a net result of -€123,693. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 7% of 189 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-97
Solvency0▼-33
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.54 against 0.88 in 2024; short-term debt: 156.4% and cash: 27.2% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2025Solvency, return and age of the figures
Solvency
-56.4%
Return on assets
-66.6%
Age of the figures
9 mo
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 →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1920212222232425
2019 to 2025 · latest year -€104,638
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 20-05-2026, 72 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
72 d early
2024
133 d early
2023
55 d early
2022
31 d early
2022
9 d early
2021
89 d early
2020
60 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 47 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 (2)
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. Usually files around 29 May (3 of the last 4 filed years within 32 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
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Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€123,693
2024 · €51,918
Working capital
-€133,538▼ 433%
2024 · -€25,072
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: 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. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20222022202320242025
Operating result€1,807▼ 86.7%-€20,647--€49,528▼ 140%€54,956-€118,705
Net result€1,093within the sector's middle half▼ 91.8%-€20,434below the sector's middle half--€49,931below the sector's middle half▼ 144%€51,918within the sector's middle half-€123,693below the sector's middle half
Equity€39,230within the sector's middle half▼ 1.3%€18,379within the sector's middle half--€32,152below the sector's middle half€19,411below the sector's middle half-€104,638below the sector's middle half
Total assets€200,745within the sector's middle half▼ 30.8%€196,979within the sector's middle half-€188,462within the sector's middle half▼ 4.3%€230,352within the sector's middle half▲ 22.2%€185,619below the sector's middle half▼ 19.4%
Debt€161,515▼ 35.5%€178,600-€220,614▲ 23.5%€210,942▼ 4.4%€290,257▲ 37.6%
Working capital€6,088within the sector's middle half-€11,749below the sector's middle half--€66,184below the sector's middle half▼ 463%-€25,072below the sector's middle half▲ 62.1%-€133,538below the sector's middle half▼ 433%
Solvency19.5%within the sector's middle half▲ 5.8pp9.3%below the sector's middle half--17.1%below the sector's middle half▼ 26.4pp8.4%within the sector's middle half▲ 25.5pp-56.4%below the sector's middle half▼ 64.8pp
Current ratio1.04within the sector's middle half▲ 0.700.93below the sector's middle half-0.70below the sector's middle half▼ 0.230.88within the sector's middle half▲ 0.180.54below the sector's middle half▼ 0.34
Return on assets (ROA)0.5%within the sector's middle half▼ 4.1pp-10.4%below the sector's middle half--26.5%below the sector's middle half▼ 16.1pp22.5%above the sector's middle half▲ 49.0pp-66.6%below the sector's middle half▼ 89.2pp
Staff (FTE)10.7▲ 52.9%15.816.7above the sector's middle half▲ 5.7%14within the sector's middle half▼ 16.2%
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.
Result per fiscal year
Operating resultNet result
Multiple fiscal year ends fall in the same calendar year; an annual trend is not displayed.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €185,619
Fixed assets
€28,911 ▼ 35.0%
Current assets
€156,707 ▼ 15.7%
Key figures and ratios
EBITDA
-€103,134▼
2024 · €68,348
Cash flow
-€108,122▼
2024 · €65,311
Debt to equity
-2.77▼
2024 · 10.87
Interest coverage
-19.71▼
2024 · 21.24
Debt ≤ 1 year
€290,246▲
2024 · €210,942
Income taxes
€176▼
2024 · €176
Staff costs
€806,281▼
2024 · €845,213
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 562 companies that looked in July 2024 the way this one looks now, 7.1% went bankrupt within 24 months and 87% are still going.
- Small
- 5 to 10 years old
- negative equity
- a loss of 10% of the balance sheet or more
7.1%
went bankrupt
4.8%
stopped otherwise
87%
still going
A further 1.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 1.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 562 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 | 2022 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €533,800 | €204,239 | €757,752 | €845,213 | €806,281 | ▼ 4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,819 | €3,014 | €15,705 | €13,393 | €15,571 | ▲ 16.3% |
| Other operating charges640/8 | €559 | - | €543 | €608 | €590 | ▼ 3.0% |
| Gross operating margin9900 | €546,985 | €186,607 | €724,472 | €914,169 | €703,737 | ▼ 23.0% |
| Operating profit (loss)9901 | €1,807 | -€20,647 | -€49,528 | €54,956 | -€118,705 | ▼ 316% |
| Financial income75/76B | €1,667 | €417 | €1,671 | €357 | €422 | ▲ 18.1% |
| Recurring financial income75 | €1,667 | €417 | €1,671 | €357 | €422 | ▲ 18.1% |
| Financial charges65/66B | €703 | €231 | €1,889 | €3,218 | €5,233 | ▲ 62.6% |
| Recurring financial charges65 | €703 | €231 | €1,889 | €3,218 | €5,233 | ▲ 62.6% |
| Profit (loss) for the period before taxes9903 | €2,770 | -€20,460 | -€49,747 | €52,095 | -€123,517 | ▼ 337% |
| Income taxes67/77 | €1,677 | -€26 | €184 | €176 | €176 | ▼ 0.2% |
| Profit (loss) for the period9904 | €1,093 | -€20,434 | -€49,931 | €51,918 | -€123,693 | ▼ 338% |
| Profit (loss) for the period to be appropriated9905 | €1,093 | -€20,434 | -€49,931 | €51,918 | -€123,693 | ▼ 338% |
| Line | 2022 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €200,745 | €196,979 | €188,462 | €230,352 | €185,619 | ▼ 19.4% |
| Fixed assets21/28 | €33,142 | €30,128 | €34,032 | €44,482 | €28,911 | ▼ 35.0% |
| Intangible fixed assets21 | €22,902 | €21,437 | €27,624 | €39,792 | €26,434 | ▼ 33.6% |
| Tangible fixed assets22/27 | €10,240 | €8,691 | €6,408 | €3,290 | €1,077 | ▼ 67.3% |
| Plant, machinery and equipment23 | €1,175 | €1,045 | €521 | €0 | €0 | - |
| Furniture and vehicles24 | €9,065 | €7,647 | €5,886 | €3,290 | €1,077 | ▼ 67.3% |
| Financial fixed assets28 | - | - | - | €1,400 | €1,400 | = |
| Current assets29/58 | €167,603 | €166,851 | €154,430 | €185,870 | €156,707 | ▼ 15.7% |
| Amounts receivable within one year40/41 | €117,622 | €131,876 | €114,645 | €144,678 | €103,950 | ▼ 28.2% |
| Trade receivables40 | €117,622 | €131,876 | €114,645 | €144,678 | €103,950 | ▼ 28.2% |
| Cash at bank and in hand54/58 | €49,108 | €32,315 | €37,480 | €36,395 | €50,505 | ▲ 38.8% |
| Deferred charges and accrued income490/1 | €873 | €2,660 | €2,305 | €4,797 | €2,253 | ▼ 53.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €200,745 | €196,979 | €188,462 | €230,352 | €185,619 | ▼ 19.4% |
| Equity10/15 | €39,230 | €18,379 | -€32,152 | €19,411 | -€104,638 | ▼ 639% |
| Contributions10/11 | €20,000 | €20,000 | €20,060 | €20,000 | €20,000 | = |
| Reserves13 | €60 | €60 | - | €60 | €60 | = |
| Non-distributable reserves130/1 | €60 | €60 | - | - | - | - |
| Reserves not available under the articles1311 | €60 | €60 | - | - | - | - |
| Distributable reserves133 | - | - | - | €60 | €60 | = |
| Profit (loss) carried forward14 | €17,087 | -€3,348 | -€53,279 | -€1,360 | -€125,053 | ▼ 9,094% |
| Investment grants15 | €2,083 | €1,667 | €1,067 | €711 | €355 | ▼ 50.1% |
| Amounts payable17/49 | €161,515 | €178,600 | €220,614 | €210,942 | €290,257 | ▲ 37.6% |
| Amounts payable within one year42/48 | €161,515 | €178,600 | €220,614 | €210,942 | €290,246 | ▲ 37.6% |
| Financial debts43 | €21,938 | €48,770 | €53,500 | €53,708 | €107,404 | ▲ 100.0% |
| Credit institutions430/8 | €21,938 | €48,770 | €53,500 | €53,708 | €107,404 | ▲ 100.0% |
| Trade debts44 | €34,881 | €13,364 | €61,802 | €21,572 | €47,481 | ▲ 120% |
| Suppliers440/4 | €34,881 | €13,364 | €61,802 | €21,572 | €47,481 | ▲ 120% |
| Advances received on contracts in progress46 | €20,036 | - | - | - | - | - |
| Taxes, remuneration and social security45 | €84,660 | €116,467 | €105,312 | €135,662 | €124,361 | ▼ 8.3% |
| Taxes450/3 | €23,226 | €45,831 | €17,606 | €15,507 | €44,199 | ▲ 185% |
| Remuneration and social security454/9 | €61,434 | €70,636 | €87,706 | €120,156 | €80,162 | ▼ 33.3% |
| Other amounts payable47/48 | - | - | - | - | €11,000 | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €11 | - |
| Line | 2022 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,093 | -€20,434 | -€49,931 | €51,918 | -€123,693 | ▼ 338% |
| + Depreciation and write-downs630 | €10,819 | €3,014 | €15,705 | €13,393 | €15,571 | ▲ 16.3% |
| Operating cash flow (approximation) | €11,912 | -€17,420 | -€34,226 | €65,311 | -€108,122 | ▼ 266% |
| Investment in fixed assets (approximation) | - | - | -€19,609 | -€23,843 | €0 | ▲ 100% |
| Change in cash | - | - | €5,165 | -€1,085 | €14,110 | ▲ 1,401% |
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
Next filing, fiscal year 2026, expected by
2026
20-05
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet -€123,693
Net result drops to -€123,693, the lowest in the series.
20-03
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €51,918
Net result €51,918 after 2 loss-making years.
06-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
21-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Liquidity triplescurrent ratio 1.04
Current ratio from 0.34 to 1.04; short-term debt falls from €250,462 to €161,515.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Back to profitnet €13,376
Net result €13,376 after one loss-making year.
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 60 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 123 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Brussel · 1 establishment unit since 2017
Ground area
2,302 m²
Building footprint
1,952 m²
Volume, LiDAR
26,440 m³
Parcel 21811M0166/00D000, Brussels · tallest building 19.6 m, ±5 floors. Linked by address, not a title deed.
112
companies at this address
See who is registered here
1 establishment unit
Aalststraat 7, 1000 Brussel
since 20172.263.917.048
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21811M0166/00D000 | Brussels | 2,302 m² | 1 · 1,952 m² | 19.6 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
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HET KLEIN VERZET
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Of 1,060 companies in sector 59120 we hold annual accounts for 450. 321 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
Founded05-01-2017
Fiscal year end31-12
Activities, NACEBEL 2025
59120Post-production of films, video and television programmes
62100Computer programming
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
70200Business and other management consultancy
73110Advertising agencies
73300Public relations and communication consultancy
Contact
Website
nttrb.com
E-invoicing
Reachable via Peppol
Peppol ID
0208:0668777584
Also
9925:BE0668777584
Registered
10-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.