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BEELDCREATIE

Active
Private limited companyfounded 2000active for 26 yearsOude Weg 64, 9991 Maldegem, BelgiumKBO/BCE: BE 0471.302.214
Summary

BEELDCREATIE has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €99,463 and a net result of €18,319. Equity is growing by about 4.8% per year across the filed financial years. Its solvency ranks better than 88% of 501 sector peers (NACE 59, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, abbreviated format

Turnover
€106,310▲ 29.3%
2021 · €82,235
EBIT margin
20.5%▲ 11.2pp
2021 · 9.3%
Net result
€18,319▲ 149%
2024 · €7,349
Working capital
€78,879▼ 22.4%
2024 · €101,654
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

After the dip in 2023 the operating result has climbed two years in a row; 2025 is 127% above 2024 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Turnover€106,310 2022 Operating result€25,933 2025 Net result€18,319 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 59, Motion picture, video and television programme production, sound recording and music publishing activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Turnover€80,166-€78,983▼ 1.5%€80,892▲ 2.4%€82,235▲ 1.7%€106,310▲ 29.3%
Operating result€11,546--€1,256€5,070€7,671▲ 51.3%€21,793▲ 184%€11,312▼ 48.1%€11,447▲ 1.2%€25,933▲ 127%
Net result€7,668--€2,248€3,663within the sector's middle half€4,532within the sector's middle half▲ 23.7%€13,222within the sector's middle half▲ 192%€7,870within the sector's middle half▼ 40.5%€7,349within the sector's middle half▼ 6.6%€18,319within the sector's middle half▲ 149%
EBIT margin14.4%--1.6%▼ 16.0pp6.3%▲ 7.9pp9.3%▲ 3.1pp20.5%▲ 11.2pp
Equity€96,491-€94,243▼ 2.3%€97,907within the sector's middle half▲ 3.9%€102,439within the sector's middle half▲ 4.6%€115,661within the sector's middle half▲ 12.9%€123,531within the sector's middle half▲ 6.8%€130,880within the sector's middle half▲ 5.9%€99,463within the sector's middle half▼ 24.0%
Total assets€135,032-€113,307▼ 16.1%€110,450within the sector's middle half▼ 2.5%€116,030within the sector's middle half▲ 5.1%€132,563within the sector's middle half▲ 14.2%€137,836below the sector's middle half▲ 4.0%€153,154below the sector's middle half▲ 11.1%€121,788within the sector's middle half▼ 20.5%
Debt€38,541-€19,064▼ 50.5%€12,543▼ 34.2%€13,591▲ 8.4%€16,902▲ 24.4%€14,305▼ 15.4%€22,274▲ 55.7%€22,325▲ 0.2%
Working capital€68,864-€67,665▼ 1.7%€74,789within the sector's middle half▲ 10.5%€82,979above the sector's middle half▲ 11.0%€63,615within the sector's middle half▼ 23.3%€81,266within the sector's middle half▲ 27.7%€101,654within the sector's middle half▲ 25.1%€78,879within the sector's middle half▼ 22.4%
Solvency71.5%-83.2%▲ 11.7pp88.6%above the sector's middle half▲ 5.5pp88.3%above the sector's middle half▼ 0.4pp87.2%above the sector's middle half▼ 1.0pp89.6%above the sector's middle half▲ 2.4pp85.5%above the sector's middle half▼ 4.2pp81.7%above the sector's middle half▼ 3.8pp
Current ratio3.39-6.34▲ 2.9510.09above the sector's middle half▲ 3.757.11above the sector's middle half▼ 2.994.76above the sector's middle half▼ 2.346.68above the sector's middle half▲ 1.925.74above the sector's middle half▼ 0.944.71above the sector's middle half▼ 1.03
Return on assets (ROA)5.7%--2.0%▼ 7.7pp3.3%within the sector's middle half▲ 5.3pp3.9%within the sector's middle half▲ 0.6pp10.0%within the sector's middle half▲ 6.1pp5.7%within the sector's middle half▼ 4.3pp4.8%within the sector's middle half▼ 0.9pp15.0%above the sector's middle half▲ 10.2pp
above within below the middle half of NACE 59, Motion picture, video and television programme production, sound recording and music publishing activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €121,788
Fixed assets €21,656 ▼ 28.0%
Current assets €100,132 ▼ 18.6%
Equity and liabilities €121,788
Equity €99,463 ▼ 24.0%
Debt €22,325 ▲ 0.2%
Debt's share of the balance-sheet total rises from 14.5% to 18.3%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€38,527▲
2024 · €23,641
Cash flow
€30,913▲
2024 · €19,542
Debt to equity
0.22▲
2024 · 0.17
ROE
18.4%▲
2024 · 5.6%
Interest coverage
31.38▲
2024 · 20.64
Debt ≤ 1 year
€21,252▼
2024 · €21,429
Income taxes
€7,548▲
2024 · €3,355
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 31,368 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93.5% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.5% went bankrupt
5.9% stopped otherwise
93.5% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 0.9%
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 74.5% 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 31,368 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet Code20242025
Assets
Total assets20/58€153,154€121,788▼
Fixed assets21/28€30,072€21,656▼
Tangible fixed assets22/27€30,072€21,656▼
Plant, machinery and equipment23€1,761€311▼
Furniture and vehicles24€28,311€21,345▼
Current assets29/58€123,082€100,132▼
Amounts receivable within one year40/41€28,849€29,101▲
Trade receivables40€28,251€29,101▲
Other amounts receivable41€598€0▼
Cash at bank and in hand54/58€93,861€70,653▼
Deferred charges and accrued income490/1€373€378▲
Equity and liabilities
Total equity and liabilities10/49€153,154€121,788▼
Equity10/15€130,880€99,463▼
Contributions10/11€6,205€6,205=
Reserves13€124,675€93,258▼
Distributable reserves133€124,675€93,258▼
Profit (loss) carried forward14-€0
Amounts payable17/49€22,274€22,325▲
Amounts payable within one year42/48€21,429€21,252▼
Trade debts44€3,191€1,035▼
Suppliers440/4€3,191€1,035▼
Taxes, remuneration and social security45€2,156€6,009▲
Taxes450/3€2,156€6,009▲
Remuneration and social security454/9€0-
Other amounts payable47/48€16,082€14,209▼
Accrued charges and deferred income492/3€846€1,072▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,193€12,594▲
Other operating charges640/8€511€522▲
Gross operating margin9900€24,151€39,049▲
Operating profit (loss)9901€11,447€25,933▲
Financial income75/76B€403€1,161▲
Recurring financial income75€403€1,161▲
Financial charges65/66B€1,146€1,228▲
Recurring financial charges65€1,146€1,228▲
Profit (loss) for the period before taxes9903€10,704€25,867▲
Income taxes67/77€3,355€7,548▲
Profit (loss) for the period9904€7,349€18,319▲
Profit (loss) for the period to be appropriated9905€7,349€18,319▲
Appropriation of the result
Profit (loss) to be appropriated9906€7,349€18,319▲
Profit (loss) brought forward from the previous period14P€0-
Transfer from equity791/2-€49,736
Transfer to equity691/2€7,349€18,319▲
To other reserves6921€7,349€18,319▲
Profit to be distributed694/7-€49,736
Return on contributions (dividend)694-€49,736

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Turnover70€80,166€78,983€80,892€82,235€106,310----
Goods, raw materials, services and sundry goods60/61---€63,938€78,330----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,303€5,542€5,542€9,778€4,635€12,204€12,193€12,594▲ 3.3%
Other operating charges640/8---€849€1,552€728€511€522▲ 2.2%
Gross operating margin9900€22,178€5,101€10,864€18,297€27,980€24,244€24,151€39,049▲ 61.7%
Operating profit (loss)9901€11,546-€1,256€5,070€7,671€21,793€11,312€11,447€25,933▲ 127%
Financial income75/76B---€0-€259€403€1,161▲ 188%
Recurring financial income75€1€0€0€0-€259€403€1,161▲ 188%
Financial charges65/66B---€324€2,843€147€1,146€1,228▲ 7.2%
Recurring financial charges65€485€417€326€324€19€147€1,146€1,228▲ 7.2%
Non-recurring financial charges66B----€2,824----
Profit (loss) for the period before taxes9903€11,062-€1,673€4,745€7,346€18,950€11,424€10,704€25,867▲ 142%
Income taxes67/77€3,395€575€1,081€2,814€5,728€3,554€3,355€7,548▲ 125%
Profit (loss) for the period9904€7,668-€2,248€3,663€4,532€13,222€7,870€7,349€18,319▲ 149%
Profit (loss) for the period to be appropriated9905€7,668-€2,248€3,663€4,532€13,222€7,870€7,349€18,319▲ 149%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€135,032€113,307€110,450€116,030€132,563€137,836€153,154€121,788▼ 20.5%
Fixed assets21/28€37,371€32,979€27,437€19,460€52,046€42,265€30,072€21,656▼ 28.0%
Tangible fixed assets22/27€37,371€32,979€27,437€19,460€52,046€42,265€30,072€21,656▼ 28.0%
Plant, machinery and equipment23---€2,212€5,335€3,433€1,761€311▼ 82.3%
Furniture and vehicles24---€17,248€46,710€38,832€28,311€21,345▼ 24.6%
Current assets29/58€97,662€80,328€83,013€96,570€80,517€95,571€123,082€100,132▼ 18.6%
Amounts receivable within one year40/41€31,012€30,771€19,726€30,030€30,709€28,976€28,849€29,101▲ 0.9%
Trade receivables40---€30,030€30,709€28,976€28,251€29,101▲ 3.0%
Other amounts receivable41------€598€0▼ 100%
Cash at bank and in hand54/58€66,644€46,818€61,917€66,540€49,024€66,595€93,861€70,653▼ 24.7%
Deferred charges and accrued income490/1----€784€0€373€378▲ 1.3%
Equity and liabilities
Total equity and liabilities10/49€135,032€113,307€110,450€116,030€132,563€137,836€153,154€121,788▼ 20.5%
Equity10/15€96,491€94,243€97,907€102,439€115,661€123,531€130,880€99,463▼ 24.0%
Contributions10/11€6,205€6,205-€6,205€6,205€6,205€6,205€6,205=
Reserves13€79,596€79,596€79,596€79,596€89,596€117,326€124,675€93,258▼ 25.2%
Non-distributable reserves130/1---€1,860€1,860€0---
Reserves not available under the articles1311---€1,860€1,860€0---
Distributable reserves133---€77,736€87,736€117,326€124,675€93,258▼ 25.2%
Profit (loss) carried forward14€10,690€8,442€12,106€16,638€19,860€0-€0-
Amounts payable17/49€38,541€19,064€12,543€13,591€16,902€14,305€22,274€22,325▲ 0.2%
Amounts payable after more than one year17€9,743€4,697-------
Amounts payable within one year42/48€28,798€12,663€8,224€13,591€16,902€14,305€21,429€21,252▼ 0.8%
Trade debts44€1,217€1,587€1,180€99€2,500€816€3,191€1,035▼ 67.6%
Suppliers440/4---€99€2,500€816€3,191€1,035▼ 67.6%
Taxes, remuneration and social security45---€1,360€5,555€8,477€2,156€6,009▲ 179%
Taxes450/3---€1,360€5,555€6,495€2,156€6,009▲ 179%
Remuneration and social security454/9-----€1,982€0--
Other amounts payable47/48---€12,133€8,847€5,012€16,082€14,209▼ 11.7%
Accrued charges and deferred income492/3------€846€1,072▲ 26.8%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€7,668-€2,248€3,663€4,532€13,222€7,870€7,349€18,319▲ 149%
+ Depreciation and write-downs630€10,303€5,542€5,542€9,778€4,635€12,204€12,193€12,594▲ 3.3%
Operating cash flow (approximation)€17,971€3,294€9,205€14,310€17,857€20,074€19,542€30,913▲ 58.2%
Investment in fixed assets (approximation)--€1,150€0-€1,801-€37,221-€2,424€0-€4,178-
Change in cash--€19,826€15,099€4,624-€17,516€17,571€27,266-€23,208-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Latest 10 of 26 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 abbreviated format 23-06-2026 2026-00187317
31-12-2024 abbreviated format 13-08-2025 2025-00373291
31-12-2023 abbreviated format 08-10-2024 2024-00499309
31-12-2022 micro format 03-08-2023 2023-00310118
31-12-2021 micro format 05-08-2022 2022-20271332
31-12-2020 micro format 26-08-2021 2021-54200112
31-12-2019 micro format 21-08-2020 2020-43200556
31-12-2018 micro format 31-07-2019 2019-41700271
31-12-2017 micro format 27-07-2018 2018-40500444
31-12-2016 micro format 19-08-2017 2017-45800318

Show all 26 filings

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