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Baltic

Active
Public limited companyfounded 1967active for 59 yearsJan Janssensstraat 5, 2610 Antwerpen, BelgiumKBO/BCE: BE 0404.869.486
Summary

Baltic has been active since 1967 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €472,476 and a net result of -€8,709. Equity remains stable across the filed financial years (±0.6% per year). Its solvency ranks better than 94% of 497 sector peers (NACE 59, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Motion picture, video and television programme production, sound recording and music publishing activities
NACE 59203
#1 oldest company in Antwerp, Publishing and media sector1 site
Size
€509,016total assets 2025
Equity
€472,476
Loss
-€8,709
Turnover not published (abbreviated or micro format)
Financial health
93 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Accounts filed 10 days late0 of 2 deeds read
Why 93raises riskLiquidity: cash €14,237lowers riskSize: total assets €509,016Founded in 1967Equity €472,476 (92.8% of total assets)Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 41% of its sector peers (NACE 59, micro)
Financial strength · tick = 2024
Weak
Solvency 100=
equity 92.8% of total assets
Liquidity 7-4
cash 2.8%
Profitability 17-17
return on assets -1.7%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (2,564 companies, NACE 59, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.2%▲ +0.1 percentage points vs 07-2025highest value 09-2025: 0.1%▼ -0.1 percentage points vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026 09-2026: 0.1%▼ -0.1 percentage points vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €40,000 on 30-day terms is acceptable
cash: 2.8% of total assets, and 7.2% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 89% on solvency, 7% on liquidity, 23% on profitability and 44% on growth.

The bankruptcy probability was computed on 09-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €509,016
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Liquidity: cash €14,237
NBB · annual accounts
lowers risk · Founded in 1967
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Equity €472,476 (92.8% of total assets)
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-08-2026, 10 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
10 days late
2024
5 days late
2023
7 days early
2022
54 days early
2021
40 days early
2020
59 days late
2019
116 days 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 13 days after the deadline; the sector median (NACE 59) for financial year 2024 is 2 days before the deadline, and 41% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 25 July (4 of the last 5 filed years within 34 days of that day).
Companies Code · seven months
Where today falls in the filing period
10-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Positive: Oldest company in Antwerp, Publishing and media sectorin the Checked rankings #1 View
  • Caution: 2 loss-making years in a rowloss financial year 2025 -€8,709 View
  • Active since 1967founded 08-09-1967 59 years View

By topic

Financials

Financial year
2025
Total assets
€509,016
Loss
-€8,709
Solvency
92.8%
Go to Financials

Timeline

Events
51
Since
1978
Next accounts
by 31-07-2027
  1. 31-12-2023Back to profit
  2. 07-06-2023Annual accounts filed
  3. 21-06-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Motion picture, video and television programme production, sound…NACE 59203
Founded
08-09-1967
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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