Beeldkanon
ActiveSummary
Beeldkanon has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €431k and a net result of €56k. Equity is growing by ~6.2% per year across the filed fiscal years. Its solvency ranks better than 80% of 2003 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability82▲+5
Solvency100▲+1
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 3.11 against 2.76 in 2024; short-term debt: 16% and cash: 41.7% of total assets), and 19.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 90
Relative position
BE, all sectors
reference
Arts creation and performing arts activities (NACE 90)
about 58% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
80.3%
Return on assets
10.4%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
24 d late
2024
19 d late
2023
30 d late
2022
28 d late
2021
18 d late
2020
27 d late
2019
31 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€431k▲ 4.8%
2024 · €411k
2018: €285klowest in 8 years
2019: €321k▲ +12.7% vs 2018
2020: €297k▼ -7.4% vs 2019
2021: €341k▲ +14.5% vs 2020
2022: €407k▲ +19.6% vs 2021
2023: €422k▲ +3.5% vs 2022
2024: €411k▼ -2.6% vs 2023
2025: €431k▲ +4.8% vs 2024highest in 8 years
2018 → 2025
Total assets
€536k▼ 2.8%
2024 · €552k
2018: €533k
2019: €510k▼ -4.2% vs 2018
2020: €477k▼ -6.5% vs 2019lowest in 8 years
2021: €496k▲ +4.0% vs 2020
2022: €677k▲ +36.4% vs 2021highest in 8 years
2023: €605k▼ -10.6% vs 2022
2024: €552k▼ -8.8% vs 2023
2025: €536k▼ -2.8% vs 2024
2018 → 2025
Net result
€56k▲ 55.4%
2024 · €36k
2018: €45k
2019: €37k▼ -17.9% vs 2018
2020: €6k▼ -82.9% vs 2019lowest in 8 years
2021: €49k▲ +678% vs 2020
2022: €87k▲ +77.4% vs 2021highest in 8 years
2023: €14k▼ -83.5% vs 2022
2024: €36k▲ +149% vs 2023
2025: €56k▲ +55.4% vs 2024
2018 → 2025
Working capital
€181k▲ 22.6%
2024 · €147k
2018: €76klowest in 8 years
2019: €213k▲ +182% vs 2018
2020: €215k▲ +0.8% vs 2019
2021: €216k▲ +0.5% vs 2020highest in 8 years
2022: €180k▼ -16.8% vs 2021
2023: €161k▼ -10.2% vs 2022
2024: €147k▼ -8.6% vs 2023
2025: €181k▲ +22.6% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€341k-€407k▲ 19.6%€422k▲ 3.5%€411k▼ 2.6%€431k▲ 4.8%
2021: €341klowest in 5 years
2022: €407k▲ +19.6% vs 2021
2023: €422k▲ +3.5% vs 2022
2024: €411k▼ -2.6% vs 2023
2025: €431k▲ +4.8% vs 2024highest in 5 years
Operating result€74k-€122k▲ 65.7%€27k▼ 78.1%€55k▲ 106%€81k▲ 46.3%
2021: €74k
2022: €122k▲ +65.7% vs 2021highest in 5 years
2023: €27k▼ -78.1% vs 2022lowest in 5 years
2024: €55k▲ +106% vs 2023
2025: €81k▲ +46.3% vs 2024
Net result€49k-€87k▲ 77.4%€14k▼ 83.5%€36k▲ 149%€56k▲ 55.4%
2021: €49k
2022: €87k▲ +77.4% vs 2021highest in 5 years
2023: €14k▼ -83.5% vs 2022lowest in 5 years
2024: €36k▲ +149% vs 2023
2025: €56k▲ +55.4% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 46% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €536k
Fixed assets
€270k ▼ 15.8%
Current assets
€266k ▲ 15.2%
Equity and liabilities €536k
Equity
€431k ▲ 4.8%
Debt
€106k ▼ 25.2%
Debt's share of the balance-sheet total falls from 25.6% to 19.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€150k▲
2024 · €122k
Cash flow
€125k▲
2024 · €103k
Current ratio
3.11▲
2024 · 2.76
Debt to equity
0.25▼
2024 · 0.34
ROE
13.0%▲
2024 · 8.8%
ROA
10.4%▲
2024 · 6.5%
Interest coverage
26.40▲
2024 · 19.16
Debt ≤ 1 year
€86k▲
2024 · €84k
Debt > 1 year
€20k▼
2024 · €57k
Income taxes
€22k▲
2024 · €14k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€552k€536k▼
Fixed assets21/28€321k€270k▼
Tangible fixed assets22/27€321k€270k▼
Land and buildings22€171k€163k▼
Plant, machinery and equipment23€119k€85k▼
Furniture and vehicles24€4k€4k▲
Leasing and similar rights25€27k€17k▼
Current assets29/58€231k€266k▲
Amounts receivable within one year40/41€45k€43k▼
Trade receivables40€44k€42k▼
Other amounts receivable41€610€446▼
Cash at bank and in hand54/58€185k€224k▲
Deferred charges and accrued income490/1€2k€0▼
Equity and liabilities
Total equity and liabilities10/49€552k€536k▼
Equity10/15€411k€431k▲
Contributions10/11€12k€12k=
Reserves13€229k€249k▲
Distributable reserves133€229k€249k▲
Profit (loss) carried forward14€169k€169k=
Amounts payable17/49€141k€106k▼
Amounts payable after more than one year17€57k€20k▼
Financial debts170/4€57k€20k▼
Amounts payable within one year42/48€84k€86k▲
Current portion of amounts payable after more than one year42€47k€37k▼
Trade debts44€12k€13k▲
Suppliers440/4€12k€13k▲
Advances received on contracts in progress46€570€1k▲
Taxes, remuneration and social security45€9k€16k▲
Taxes450/3€9k€16k▲
Other amounts payable47/48€15k€17k▲
Income statement
Code20242025
Non-recurring operating income76A€10k€23k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€67k€69k▲
Other operating charges640/8€3k€5k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€125k€155k▲
Operating profit (loss)9901€55k€81k▲
Financial income75/76B€1k€3k▲
Recurring financial income75€1k€3k▲
Financial charges65/66B€6k€6k▼
Recurring financial charges65€6k€6k▼
Profit (loss) for the period before taxes9903€50k€78k▲
Income taxes67/77€14k€22k▲
Profit (loss) for the period9904€36k€56k▲
Profit (loss) for the period to be appropriated9905€36k€56k▲
Appropriation of the result
Profit (loss) to be appropriated9906€205k€225k▲
Profit (loss) brought forward from the previous period14P€169k€169k=
Transfer from equity791/2€47k€36k▼
Transfer to equity691/2€36k€56k▲
To other reserves6921€36k€56k▲
Profit to be distributed694/7€47k€36k▼
Return on contributions (dividend)694€47k€36k▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €0 | €43k | €4k | €10k | €23k | ▲ 146% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €29k | €43k | €60k | €67k | €69k | ▲ 3.9% |
| Other operating charges640/8 | €2k | €3k | €3k | €3k | €5k | ▲ 59.2% |
| Non-recurring operating charges66A | - | - | €433 | €0 | - | - |
| Gross operating margin9900 | €105k | €168k | €90k | €125k | €155k | ▲ 24.0% |
| Operating profit (loss)9901 | €74k | €122k | €27k | €55k | €81k | ▲ 46.3% |
| Financial income75/76B | €36 | €85 | €650 | €1k | €3k | ▲ 120% |
| Recurring financial income75 | €36 | €85 | €650 | €1k | €3k | ▲ 120% |
| Financial charges65/66B | €6k | €6k | €7k | €6k | €6k | ▼ 10.6% |
| Recurring financial charges65 | €6k | €6k | €7k | €6k | €6k | ▼ 10.6% |
| Profit (loss) for the period before taxes9903 | €68k | €116k | €20k | €50k | €78k | ▲ 55.5% |
| Income taxes67/77 | €19k | €28k | €6k | €14k | €22k | ▲ 55.7% |
| Profit (loss) for the period9904 | €49k | €87k | €14k | €36k | €56k | ▲ 55.4% |
| Profit (loss) for the period to be appropriated9905 | €49k | €87k | €14k | €36k | €56k | ▲ 55.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €496k | €677k | €605k | €552k | €536k | ▼ 2.8% |
| Fixed assets21/28 | €215k | €370k | €361k | €321k | €270k | ▼ 15.8% |
| Intangible fixed assets21 | €900 | €0 | - | - | - | - |
| Tangible fixed assets22/27 | €214k | €370k | €361k | €321k | €270k | ▼ 15.8% |
| Land and buildings22 | €190k | €184k | €176k | €171k | €163k | ▼ 4.6% |
| Plant, machinery and equipment23 | €17k | €134k | €143k | €119k | €85k | ▼ 28.2% |
| Furniture and vehicles24 | €7k | €5k | €4k | €4k | €4k | ▲ 9.9% |
| Leasing and similar rights25 | - | €47k | €37k | €27k | €17k | ▼ 35.8% |
| Current assets29/58 | €282k | €307k | €244k | €231k | €266k | ▲ 15.2% |
| Amounts receivable within one year40/41 | €56k | €61k | €67k | €45k | €43k | ▼ 4.2% |
| Trade receivables40 | €45k | €61k | €65k | €44k | €42k | ▼ 3.9% |
| Other amounts receivable41 | €11k | €319 | €2k | €610 | €446 | ▼ 26.9% |
| Cash at bank and in hand54/58 | €225k | €246k | €177k | €185k | €224k | ▲ 21.0% |
| Deferred charges and accrued income490/1 | - | - | - | €2k | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €496k | €677k | €605k | €552k | €536k | ▼ 2.8% |
| Equity10/15 | €341k | €407k | €422k | €411k | €431k | ▲ 4.8% |
| Contributions10/11 | €12k | €12k | €12k | €12k | €12k | = |
| Reserves13 | €158k | €225k | €240k | €229k | €249k | ▲ 8.7% |
| Non-distributable reserves130/1 | €2k | €2k | €0 | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €0 | - | - | - |
| Distributable reserves133 | €156k | €224k | €240k | €229k | €249k | ▲ 8.7% |
| Profit (loss) carried forward14 | €170k | €169k | €169k | €169k | €169k | = |
| Amounts payable17/49 | €156k | €270k | €184k | €141k | €106k | ▼ 25.2% |
| Amounts payable after more than one year17 | €90k | €143k | €101k | €57k | €20k | ▼ 65.1% |
| Financial debts170/4 | €90k | €143k | €101k | €57k | €20k | ▼ 65.1% |
| Amounts payable within one year42/48 | €66k | €127k | €83k | €84k | €86k | ▲ 2.0% |
| Current portion of amounts payable after more than one year42 | €27k | €44k | €46k | €47k | €37k | ▼ 21.2% |
| Trade debts44 | €19k | €16k | €20k | €12k | €13k | ▲ 8.3% |
| Suppliers440/4 | €19k | €16k | €20k | €12k | €13k | ▲ 8.3% |
| Advances received on contracts in progress46 | - | €380 | €570 | €570 | €1k | ▲ 144% |
| Taxes, remuneration and social security45 | €11k | €45k | €12k | €9k | €16k | ▲ 82.0% |
| Taxes450/3 | €11k | €45k | €12k | €9k | €16k | ▲ 82.0% |
| Remuneration and social security454/9 | €0 | - | - | - | - | - |
| Other amounts payable47/48 | €10k | €22k | €4k | €15k | €17k | ▲ 17.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €49k | €87k | €14k | €36k | €56k | ▲ 55.4% |
| + Depreciation and write-downs630 | €29k | €43k | €60k | €67k | €69k | ▲ 3.9% |
| Operating cash flow (approximation) | €78k | €130k | €74k | €103k | €125k | ▲ 22.0% |
| Investment in fixed assets (approximation) | - | €-198k | €-51k | €-26k | €-19k | ▲ 29.2% |
| Change in cash | - | €21k | €-69k | €7k | €39k | ▲ 418% |
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
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 24 days late
2025
19-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 19 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
31-12
Financial
Highest result since 2018net €87k ▲77.4%
Operating result €122k, net result €87k, both a record.
18-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 18 days late
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
31-12
Financial
Weakest financial yearnet €6k ▼82.9%
Net result drops to €6k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Liquidity triplescurrent ratio 5.32
Current ratio from 2.00 to 5.32; short-term debt falls from €76k to €49k.
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 21 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Directors · office · real estate
Directors
5 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, Mortsel · 1 establishment unit since 2009
Ground area
827 m²
Building footprint
73 m²
Volume, LiDAR
619 m³
Parcel 11513C0094/00T016, Flanders · tallest building 11.0 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
BEELDKANON
since 20092.179.916.335
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11513C0094/00T016 | Flanders | 827 m² | 1 · 73 m² | 11.0 m · 3 fl. |
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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 120 EUR awarded · 120 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 120 EUR | 120 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 3,393 companies in sector 90393 we hold annual accounts for 939. 610 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
Founded16-07-2009
Fiscal year end31-12
Activities, NACEBEL 2025
90393Specialised image, lighting and sound technical services
82990Other business support services
90120Visual arts creation
Scores and ratios are computed by Checked and are not a credit decision.