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ADD LIPS

Active
Private limited companyfounded 2013active for 13 yearsLouis Schmidtlaan 22, 1040 Etterbeek, BelgiumKBO/BCE: BE 0540.654.541
Summary

The computed 12-month bankruptcy probability of ADD LIPS is 2.4% (moderate). The 2024 annual accounts show equity of €221,224 and a net result of €3,872. Equity has been growing by about 16% per year since 2018. Its solvency ranks better than 82% of 1,904 sector peers (NACE 59, financial year 2024). The company has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 09-10-2013 Normal situation
Registered office
12 active companies are registered at this address 1 started in the 12 months before. Source: KBO register, as of 1 November 2026.
Activity
Motion picture, video and television programme production, sound recording and music publishing activities NACE 59114and 2 others
Joint committee
303 Paritair Comité voor het filmbedrijf · annual accounts 2021
Establishment unit
2.223.158.935 1140 Evere, since 09-10-2013
Financial year end
31 December
Peppol
Reachable since 19-01-2026

Board and ownership

Board

Financial position

53 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
2.4%
Annual accounts 2024
Gross margin
€57,286
▼ 13.5%
Turnover
≈ €170,000
estimated
Profit
€3,872
▼ 62.5%
Equity
€221,224
▲ 1.8%
Total assets
€279,451
▲ 5.3%
Staff
0.2 FTE
=
  • 2025 accounts not filed, 93 days past the deadline
Filed on 28-09-2025
Score breakdownraises riskFigures for financial year 2024 (filed on 01-10-2025)1 financial year not filed after the legal deadline; last filed accounts filed 59 days late; 3 of the last 3 accounts lateLiquidity: current ratio 4.45, cash €1,282, halvedlowers riskEquity €221,224 (79.2% of total assets)Show the evidence

Checked score

Score 2024
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 55% of micro companies in film, video and music (NACE 59)
Financial strength · tick: 2023
Strong
Solvency 100=
equity 79.2% of total assets
Liquidity 44-8
short-term debt 20.8% · cash 0.5%
Profitability 70-4
return on assets 1.4%
Bankruptcy probability within 12 months
2.4% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (2,572 companies, NACE 59, micro)
Last 24 months 12-2024: 1.0% 01-2025: 0.9%▼ -0.1 percentage points vs 12-2024 02-2025: 0.9%● unchanged vs 01-2025 03-2025: 0.9%● unchanged vs 02-2025 04-2025: 1.0%▲ +0.1 percentage points vs 03-2025 05-2025: 0.9%▼ -0.1 percentage points vs 04-2025 06-2025: 0.9%● unchanged vs 05-2025 07-2025: 0.9%● unchanged vs 06-2025 08-2025: 1.1%▲ +0.2 percentage points vs 07-2025 09-2025: 1.3%▲ +0.2 percentage points vs 08-2025 10-2025: 2.0%▲ +0.7 percentage points vs 09-2025 11-2025: 0.8%▼ -1.2 percentage points vs 10-2025 12-2025: 0.8%● unchanged vs 11-2025 01-2026: 0.8%● unchanged vs 12-2025 02-2026: 0.8%● unchanged vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026lowest value 04-2026: 0.8%● unchanged vs 03-2026 05-2026: 0.8%● unchanged vs 04-2026 06-2026: 0.9%▲ +0.1 percentage points vs 05-2026 07-2026: 0.9%● unchanged vs 06-2026 08-2026: 1.3%▲ +0.4 percentage points vs 07-2026 09-2026: 1.5%▲ +0.2 percentage points vs 08-2026 10-2026: 2.4%▲ +0.9 percentage points vs 09-2026highest value 11-2026: 2.4%● unchanged vs 10-2026highest value
Credit of up to €11,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is ample, with a current ratio of 4.45 (5.0 in 2023), above the usual 1.5. Short-term debt is 20.8% and cash 0.5% of total assets. 20.8% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 59, micro). It does better than 89% of them on solvency, 29% on liquidity, 48% on profitability and 53% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed on 01-10-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 59 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · Liquidity: current ratio 4.45, cash €1,282, halved
NBB · annual accounts
lowers risk · Equity €221,224 (79.2% of total assets)
NBB · annual accounts
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 93 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline01-11-2026 today
raises risk · 2024 accounts filed 59 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-09-2025, 59 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
59 days late
2023
92 days late
2022
31 days late
2021
88 days late
2020
31 days late
2019
140 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 74 days after the deadline. In the sector (NACE 59), the median for financial year 2024 was 2 days before the deadline, and 41% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: More equity than 86% of companies in film, video and musicsector median €41,240 · 1,909 companies €221,224 View
  • Positive: 7 profitable years in a rowprofit 2024: €3,872 7 years View

Recent changes

  1. · Gazette deed Reappointment: GHISLAIN Catherine (director)
  2. · Gazette deed Incorporation
All 17 events

Comparable companies

These companies have the same main activity as ADD LIPS: motion picture, video and television programme production, sound recording and music publishing activities (NACE 59114). They are comparable in size and age: total assets between €145,000 and €431,000, founded between 2009 and 2014.

CompanyTotal assetsGross margin
ADD LIPS Etterbeek€279,451€57,286
MUCHA SHOW Schaarbeek€212,329€87,991
ALMAGHREB-TV Sint-Jans-Molenbeek€273,623€93,327
BUTTERFLY -EFFECT Sint-Pieters-Woluwe€351,877€102,294
Springstreet Edegem€243,060€32,188
Boiler media Meerhout€144,779€70,315
Liberty Brugge€431,366€101,356
Full comparison

Key facts about ADD LIPS

What is the company number of ADD LIPS?
The company number of ADD LIPS is 0540.654.541. The VAT number is the same number with BE in front: BE 0540.654.541.
Where is ADD LIPS based?
The registered office is at Louis Schmidtlaan 22, 1040 Etterbeek.Company details
What does ADD LIPS do?
According to the KBO register, the main activity is motion picture, video and television programme production, sound recording and music publishing activities (NACE 59114).
What is the legal form of ADD LIPS?
The legal form of ADD LIPS is Private limited company (BV).
When was ADD LIPS founded?
ADD LIPS was founded on 09-10-2013.
Is ADD LIPS still active?
Yes, ADD LIPS is an active enterprise in the KBO register.
How many employees does ADD LIPS have?
ADD LIPS had an average of 0.2 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
Which joint committee does ADD LIPS fall under?
In its 2021 annual accounts, ADD LIPS states joint committee 303 (Paritair Comité voor het filmbedrijf).
What is the turnover of ADD LIPS?
The turnover in financial year 2024 is ≈ €170,000. This figure is estimated from the gross margin of €57,286 and 2,678 comparable companies of the same size. It probably lies between €110,000 and €300,000. It is a rough estimate.
Is ADD LIPS profitable?
In financial year 2024, ADD LIPS made a profit of €3,872.
Where can I find the annual accounts of ADD LIPS?
ADD LIPS filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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