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Arendsoog

Active
Public limited companyfounded 200422 yrs activeWijmenstraat 21, 9030 Gent, BelgiumKBO/BCE: BE 0863.665.927
Summary

The computed 12-month bankruptcy probability of Arendsoog is 5.1% (elevated). The 2025 annual accounts show negative equity (-€47,984) and a net result of -€89,648. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 225 sector peers (fiscal year 2025). The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Post-production of films, video and television programmes
NACE 59120NACE 92114
#9 employer in East Flanders, Film, video and music sector1 site
Size
€728,114total assets 2025
Staff
6.9 FTE
Equity
-€47,984
Loss
-€89,648
Financial health
35 Weak Checked score 2025
Bankruptcy chance 12 m
5.1%
Structure
Parent
SMEDIA · 66.47%
Accounts filed 71 d late0 of 10 deeds read
Why 35- Negative equity -€47,984- Loss of €89,648 (FY 2025)- Size: 6.9 FTE, total assets €728,114- Latest accounts 71 days late; 1 of the last 3 lateShow the evidence

Checked score

Score 2025
35 / 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 11% of its sector peers (NACE 59, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Weak
Solvency 18-12
equity -6.6% of total assets
Liquidity 6-11
short-term debt 92.0% · cash 4.5%
Profitability 13-36
return on assets -12.3%
Bankruptcy probability, 12 months
5.1% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (2,552 companies)
Last 24 months 11-2024: 0.8% 12-2024: 0.8%● 0.0% vs 11-2024 01-2025: 0.8%● 0.0% vs 12-2024 02-2025: 0.8%● 0.0% vs 01-2025 03-2025: 0.8%▲ +1.1% vs 02-2025 04-2025: 0.8%▼ -1.9% vs 03-2025 05-2025: 0.8%▼ -5.4% vs 04-2025 06-2025: 0.8%▲ +4.3% vs 05-2025 07-2025: 0.8%● 0.0% vs 06-2025 08-2025: 0.8%● 0.0% vs 07-2025 09-2025: 0.8%● 0.0% vs 08-2025 10-2025: 0.8%● 0.0% vs 09-2025 11-2025: 0.8%● 0.0% vs 10-2025 12-2025: 0.8%● 0.0% vs 11-2025 01-2026: 0.8%● 0.0% vs 12-2025 02-2026: 0.8%● 0.0% vs 01-2026 03-2026: 0.8%▼ -2.0% vs 02-2026 04-2026: 0.8%▼ -2.0% vs 03-2026 05-2026: 0.7%▼ -6.7% vs 04-2026lowest value 06-2026: 1.0%▲ +34.0% vs 05-2026 07-2026: 1.5%▲ +55.7% vs 06-2026 08-2026: 1.9%▲ +28.9% vs 07-2026 09-2026: 2.8%▲ +46.2% vs 08-2026 10-2026: 5.1%▲ +80.8% vs 09-2026highest value
  • Negative equity -€47,984 raises the probability
  • Loss of €89,648 (FY 2025) raises the probability
  • Size: 6.9 FTE, total assets €728,114 raises the probability for this profile
  • Latest accounts 71 days late; 1 of the last 3 late raises the probability
No credit on open account
Liquidity short (current ratio 0.74 against 0.91 in 2024; short-term debt: 92% and cash: 4.5% of total assets), and equity is negative.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 59, micro). Better than this share of them on solvency 15%, liquidity 6%, profitability 21%, growth against the median 3%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity -€47,984
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Loss of €89,648 (FY 2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Size: 6.9 FTE, total assets €728,114
In the bankruptcy model this factor raises the probability for this profile.
NBB · annual accounts
raises risk · Latest accounts 71 days late; 1 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€47,984
neutral · A punctual record breaks
This company filed 6 consecutive financial years on time. The year that closed on 30-11-2025 was due by 30-06-2026 and was filed on 09-09-2026, 71 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
71 d late
2024
54 d early
2023
26 d early
2022
25 d early
2021
30 d early
2020
50 d early
2019
133 d early
← 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 35 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 30-11-2026 and is due by 30-06-2027. Nothing is late today. Usually files around 5 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
04-10-2026 today30-11-2026 close30-06-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · full…
  2. Annual accounts filedfiscal year 2024 · abbreviated…
  3. Back to profitnet €679

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€47,984 View
  • Caution: From profit to loss in 2025after €679 in 2024 -€89,648 View
  • Caution: Among the weakest 10% on equitysector median €399,770 · 225 companies -€47,984 View
  • Caution: Latest accounts filed lateafter the legal deadline 71 d View
  • Controlled by SMEDIA 66.47% View

By topic

Financials

Fiscal year
2025
Total assets
€728,114
Loss
-€89,648
Solvency
-6.6%
Total assets▼ 9.2%
Net result
20182025
Go to Financials

Timeline

Events
12
Since
2016
Next accounts
by 30-06-2027
  1. 09-09-2026Annual accounts filed
  2. 07-05-2025Annual accounts filed
  3. 30-11-2024Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Post-production of films, video and television programmesNACE 59120
Founded
25-02-2004
Year ends
30-11
Peppol
Reachable for e-invoices
Go to Company details

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