ALIGN MEDIA
ActiveSummary
ALIGN MEDIA has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€555,880) and a net result of -€1.2m. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 3330 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-50
Solvency0▼-67
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.91 against 4.79 in 2024; short-term debt: 107.5% and cash: 2.4% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
-45.6%
Return on assets
-99.2%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€555,880
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 27-07-2026, 4 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
4 d early
2024
9 d early
2023
2 d late
2022
27 d early
2021
22 d late
2020
72 d late
2019
59 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 16 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% 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 27 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 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 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 What changed in the latest annual accounts?What changed
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema, statutory accounts
Turnover
€76,950
EBIT margin
118.2%
Net result
-€1.2m
2024 · €927,326
Working capital
-€113,989
2024 · €1.2m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 69, Legal and accounting 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
Line20212022202320242025
Turnover
Operating result-€32,620▼ 14.4%-€24,950▲ 23.5%-€888,866▼ 3,463%-€170,247▲ 80.8%-€307,818▼ 80.8%
Net result€235,662above the sector's middle half-€22,350below the sector's middle half-€890,711below the sector's middle half▼ 3,885%€927,326above the sector's middle half-€1.2mbelow the sector's middle half
EBIT margin
Equity€260,299above the sector's middle half▲ 2,027%€237,949within the sector's middle half▼ 8.6%-€273,952below the sector's middle half€653,374above the sector's middle half-€555,880below the sector's middle half
Total assets€268,313within the sector's middle half▲ 206%€510,282above the sector's middle half▲ 90.2%€1.4mwithin the sector's middle half▲ 168%€1.5mwithin the sector's middle half▲ 13.2%€1.2mwithin the sector's middle half▼ 21.3%
Debt€8,014▼ 89.4%€272,332▲ 3,298%€1.6m▲ 503%€895,520▼ 45.5%€1.8m▲ 98.2%
Working capital€223,723above the sector's middle half€190,873above the sector's middle half▼ 14.7%-€328,477below the sector's middle half€1.2mabove the sector's middle half-€113,989below the sector's middle half
Solvency97.0%above the sector's middle half▲ 83.1pp46.6%within the sector's middle half▼ 50.4pp-20.0%below the sector's middle half▼ 66.7pp42.2%within the sector's middle half▲ 62.2pp-45.6%below the sector's middle half▼ 87.8pp
Current ratio1.70within the sector's middle half0.80below the sector's middle half▼ 0.904.79above the sector's middle half▲ 3.990.91below the sector's middle half▼ 3.87
Return on assets (ROA)87.8%above the sector's middle half▲ 125.8pp-4.4%below the sector's middle half▼ 92.2pp-65.1%below the sector's middle half▼ 60.7pp59.9%above the sector's middle half▲ 125.0pp-99.2%below the sector's middle half▼ 159.1pp
above
within
below
the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
- 2023 Net result -3,885% on 2022. The accounts now follow the full schema, last year the micro schema.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €307,818 in 2025 against €170,247 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.2m
Fixed assets
€22,452 ▼ 55.9%
Current assets
€1.2m ▼ 20.1%
Key figures and ratios
EBITDA
-€305,033▼
2024 · -€166,653
Cash flow
-€1.2m▼
2024 · €930,920
Debt to equity
-3.19▼
2024 · 1.37
Interest coverage
-9.88▼
2024 · -2.89
Debt ≤ 1 year
€1.3m▲
2024 · €312,997
Debt > 1 year
€463,618▼
2024 · €582,524
Income taxes
€0
Staff costs
€87,703
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 563 companies that looked in July 2024 the way this one looks now, 6.0% 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
6.0%
went bankrupt
4.6%
stopped otherwise
87%
still going
A further 2.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.4% 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 497,662 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 563 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | - | €87,703 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €2,268 | €3,594 | €2,785 | ▼ 22.5% |
| Other operating charges640/8 | €348 | €348 | €384 | €387 | €998 | ▲ 158% |
| Gross operating margin9900 | -€32,272 | -€24,603 | -€886,214 | -€166,265 | -€216,332 | ▼ 30.1% |
| Operating profit (loss)9901 | -€32,620 | -€24,950 | -€888,866 | -€170,247 | -€307,818 | ▼ 80.8% |
| Financial income75/76B | €268,456 | €2,624 | €1 | €1.2m | €10,411 | ▼ 99.1% |
| Recurring financial income75 | €266,437 | €2,624 | €1 | €1.2m | €10,411 | ▼ 99.1% |
| Non-recurring financial income76B | €2,019 | €2,624 | - | - | - | - |
| Financial charges65/66B | €174 | €24 | €1,845 | €57,753 | €911,846 | ▲ 1,479% |
| Recurring financial charges65 | €174 | €24 | €1,845 | €57,753 | €30,859 | ▼ 46.6% |
| Non-recurring financial charges66B | - | - | - | - | €880,987 | - |
| Profit (loss) for the period before taxes9903 | €235,662 | -€22,350 | -€890,711 | €927,326 | -€1.2m | ▼ 230% |
| Income taxes67/77 | - | - | - | - | €0 | - |
| Profit (loss) for the period9904 | €235,662 | -€22,350 | -€890,711 | €927,326 | -€1.2m | ▼ 230% |
| Profit (loss) for the period to be appropriated9905 | €235,662 | -€22,350 | -€890,711 | €927,326 | -€1.2m | ▼ 230% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €268,313 | €510,282 | €1.4m | €1.5m | €1.2m | ▼ 21.3% |
| Formation expenses20 | - | - | €0 | €0 | €0 | - |
| Fixed assets21/28 | €44,452 | €47,076 | €54,525 | €50,930 | €22,452 | ▼ 55.9% |
| Intangible fixed assets21 | - | - | €0 | €0 | €0 | - |
| Tangible fixed assets22/27 | - | - | €6,225 | €2,630 | €1,533 | ▼ 41.7% |
| Furniture and vehicles24 | - | - | €6,225 | €2,630 | €1,533 | ▼ 41.7% |
| Financial fixed assets28 | €44,452 | €47,076 | €48,300 | €48,300 | €20,919 | ▼ 56.7% |
| Current assets29/58 | €223,862 | €463,206 | €1.3m | €1.5m | €1.2m | ▼ 20.1% |
| Amounts receivable within one year40/41 | €215,887 | €455,803 | €523,862 | €590,650 | €388,540 | ▼ 34.2% |
| Trade receivables40 | €168 | €234,149 | €59,804 | €246,095 | €262,484 | ▲ 6.7% |
| Other amounts receivable41 | €215,719 | €221,654 | €464,058 | €344,556 | €126,056 | ▼ 63.4% |
| Current investments50/53 | - | - | €772,131 | €772,131 | €772,131 | = |
| Cash at bank and in hand54/58 | €7,975 | €7,403 | €13,548 | €134,950 | €29,760 | ▼ 77.9% |
| Deferred charges and accrued income490/1 | - | - | €4,235 | €232 | €6,285 | ▲ 2,608% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €268,313 | €510,282 | €1.4m | €1.5m | €1.2m | ▼ 21.3% |
| Equity10/15 | €260,299 | €237,949 | -€273,952 | €653,374 | -€555,880 | ▼ 185% |
| Contributions10/11 | €18,600 | €18,600 | €29,661 | €29,661 | €29,661 | = |
| Reserves13 | - | - | €42,940 | €42,940 | €42,940 | = |
| Distributable reserves133 | - | - | €42,940 | €42,940 | €42,940 | = |
| Profit (loss) carried forward14 | €241,699 | €219,349 | -€346,553 | €580,773 | -€628,480 | ▼ 208% |
| Amounts payable17/49 | €8,014 | €272,332 | €1.6m | €895,520 | €1.8m | ▲ 98.2% |
| Amounts payable after more than one year17 | - | - | - | €582,524 | €463,618 | ▼ 20.4% |
| Other amounts payable178/9 | - | - | - | €582,524 | €463,618 | ▼ 20.4% |
| Amounts payable within one year42/48 | €139 | €272,332 | €1.6m | €312,997 | €1.3m | ▲ 319% |
| Financial debts43 | - | - | €2,414 | - | €1,110 | - |
| Credit institutions430/8 | - | - | €2,414 | - | €1,110 | - |
| Trade debts44 | €139 | €167,332 | €674,213 | €221,735 | €254,782 | ▲ 14.9% |
| Suppliers440/4 | €139 | €167,332 | €674,213 | €221,735 | €254,782 | ▲ 14.9% |
| Taxes, remuneration and social security45 | - | - | - | - | €7,740 | - |
| Taxes450/3 | - | - | - | - | €7,740 | - |
| Other amounts payable47/48 | - | €105,000 | €965,625 | €91,262 | €1.0m | ▲ 1,047% |
| Accrued charges and deferred income492/3 | €7,875 | - | - | - | €725 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €235,662 | -€22,350 | -€890,711 | €927,326 | -€1.2m | ▼ 230% |
| + Depreciation and write-downs630 | - | - | €2,268 | €3,594 | €2,785 | ▼ 22.5% |
| Operating cash flow (approximation) | €235,662 | -€22,350 | -€888,443 | €930,920 | -€1.2m | ▼ 230% |
| Investment in fixed assets (approximation) | - | -€2,624 | -€9,717 | €0 | €25,693 | - |
| Change in cash | - | -€572 | €6,145 | €121,402 | -€105,191 | ▼ 187% |
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
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet -€1.2m
Net result drops to -€1.2m, the lowest in the series.
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €927,326
Net result €927,326 after 2 loss-making years.
31-12
Financial
Liquidity times 6current ratio 4.79
Current ratio from 0.80 to 4.79; short-term debt falls from €1.6m to €312,997.
31-12
Financial
Equity above €500,000Eq €653,374
Equity rises from -€273,952 to €653,374.
02-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 2 days late
2023
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
31-12
Financial
Back to profitnet €235,662
Net result €235,662 after one loss-making year.
31-12
Financial
Liquidity times 2684current ratio 1610.52
Current ratio from 0.60 to 1610.52; short-term debt falls from €75,483 to €139.
31-12
Financial
Equity above €200,000Eq €260,299 ▲2,027%
Equity rises from €12,237 to €260,299.
Show earlier events
11-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 72 days late
2020
29-09
NBB filing
Annual accounts filed
fiscal year 2019 · consolidated · 59 days late
28-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 59 days late
2019
31-12
Financial
Back to profitnet €72,667
Net result €72,667 after one loss-making year.
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 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
9 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, Etterbeek · 1 establishment unit since 2017
Ground area
1,575 m²
Parcel 21362B0235/10Y000, Brussels. Linked by address, not a title deed.
59
companies at this address
See who is registered here
1 establishment unit
Sint Michielswarande 30B, 1040 Etterbeek
since 20172.264.361.763
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21362B0235/10Y000 | Brussels | 1,575 m² | - | - |
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.
Structure & network
Owners and holdings
3 owners · 3 holdingsOwners 3
- Nadia KHAMLICHInatural personSourceown accounts 202553%
- Adrian POLITOWSKInatural personSourceown accounts 202542%
- GEOFFROY T'SERSTEVENSnatural personSourceown accounts 20255%
Holdings 3
- ALIGN ADVISORYsubsidiaryEquity €179,155Result €172,179100%
-
100%
-
100%
According to the 2025 annual accounts of ALIGN MEDIA and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 2,264 companies in sector 69209 we hold annual accounts for 1,101. 690 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
Founded13-04-2017
Fiscal year end31-12
Activities, NACEBEL 2025
69209Other tax advisory services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0674510779
Also
9925:BE0674510779
Registered
03-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.