Belgian Media Ventures
The computed 12-month bankruptcy probability of Belgian Media Ventures is 1.2% (low). The 2025 annual accounts show negative equity (€-63k) and a net result of €-230k. Equity is shrinking by ~7.1% per year across the filed fiscal years. Its solvency ranks better than 5% of 32 sector peers (fiscal year 2025). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-63k |
| Net result | €-230k |
| Better than sector | 5% |
| Active | 12 yrs |
Mixed profile: strong on profitability, weaker on health.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -13.7% | 30.4% | |
| Net result | €-230k | €38k | |
| Equity | €-63k | €75k | |
| Total assets | €462k | €469k |
Show 9 other metrics
| Fiscal year | 2025 |
|---|---|
| Deposit | volledig |
| Revenue | - |
| EBITDA | €-10k |
| Net profit | €-230k |
| Cash flow | €-230k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €462k |
| Equity | €-63k |
| Debt | €525k |
| of which ≤ 1y | €267k |
| of which > 1y | €258k |
| Working capital | €-25k |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | 0.91 |
| Quick ratio | 0.91 |
| Working capital ratio | -5.5% |
| Solvency | -13.7% |
| Debt / equity | -8.29 |
| Long-term debt ratio | -4.07 |
| Interest coverage | -0.66 |
| Gross margin | - |
| Net margin | - |
| ROA | -49.9% |
| ROE | 363.7% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (23 line items)
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €462k |
| Fixed assets | 21/28 | €220k |
| Financial fixed assets | 28 | €220k |
| Current assets | 29/58 | €242k |
| Amounts receivable within one year | 40/41 | €217k |
| Investments | 50/53 | €2k |
| Cash & bank | 54/58 | €23k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €462k |
| Equity | 10/15 | €-63k |
| Contributions / capital | 10/11 | €200k |
| Reserves | 13 | €20k |
| Accumulated profits (losses) | 14 | €-283k |
| Amounts payable | 17/49 | €525k |
| Amounts payable after one year | 17 | €258k |
| Amounts payable within one year | 42/48 | €267k |
| Trade debts payable within one year | 44 | €5k |
| Income statement | ||
| Gross operating margin | 9900 | €-10k |
| Operating result | 9901 | €-10k |
| Financial income | 75 | €578 |
| Financial charges | 65 | €15k |
| Result before taxes | 9903 | €-230k |
| Net result for the period | 9904 | €-230k |
| Result to be appropriated | 9905 | €-230k |
-
Chris VandervinneAdministratorState Gazette act 25051284 (18-04-2025)Current18-04-2025 → present
-
Julien PapelierDirectorState Gazette act 25106674 (22-08-2025)Current20-12-2018 → present
4 events
- 22-08-2025 Appointed· Director
- 19-05-2020 Appointed· Director
- 05-09-2019 Appointed· Director
- 20-12-2018 Appointed· Director
-
Sandrine BastogneAuditorState Gazette act 23163903 (21-12-2023)Current20-12-2017 → present
2 events
- 21-12-2023 Appointed· Auditor
- 20-12-2017 Appointed· Auditor
-
Yves GérardPresident of the board of directorsState Gazette act 25051284 (18-04-2025)Current19-02-2016 → present
2 events
- 18-04-2025 Appointed· President of the board of directors
- 19-02-2016 Appointed· Délégué à la gestion journalière, régie média belge
Historic, not recently confirmed (2)
-
Jean Philippe RousseauDirectorState Gazette act 20058500 (19-05-2020)Not recently confirmedlast confirmed in an act from 2020
4 events
- 18-04-2025 Resigned· Administrator
- 19-05-2020 Appointed· Director
- 13-07-2018 Appointed· Director
- 20-12-2017 Appointed· Director
-
Léon PerahiaDirectorState Gazette act 18108943 (13-07-2018)Not recently confirmedlast confirmed in an act from 2018
Permanent representatives (1)
-
Pierre VanderbeckRepresentant de rmb (régie média belge)State Gazette act 16026398 (19-02-2016)Permanent representative- → 19-02-2016
Former directors (12)
-
André LeruthDirectorState Gazette act 20058500 (19-05-2020)Former19-05-2020 → 18-04-2025
2 events
- 18-04-2025 Resigned· Administrator
- 19-05-2020 Appointed· Director
-
Baptiste ErkesDirectorState Gazette act 20058500 (19-05-2020)Former19-05-2020 → 18-04-2025
2 events
- 18-04-2025 Resigned· Administrator
- 19-05-2020 Appointed· Director
-
Gaëtan ServaisDirectorState Gazette act 20058500 (19-05-2020)Former19-05-2020 → 18-04-2025
2 events
- 18-04-2025 Resigned· Administrator
- 19-05-2020 Appointed· Director
-
Jean-Paul PhilippotDirectorState Gazette act 20058500 (19-05-2020)Former09-04-2015 → 18-04-2025
5 events
- 18-04-2025 Resigned· Administrator
- 19-05-2020 Appointed· Director
- 19-02-2016 Appointed· Délégué à la gestion journalière, régie média belge
- 09-04-2015 Appointed· Director
- 09-04-2015 Resigned· Director
-
Baptiste MeurDirectorState Gazette act 15051224 (09-04-2015)Former09-04-2015 → 19-05-2020
2 events
- 19-05-2020 Resigned· Director
- 09-04-2015 Appointed· Director
| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| Sandrine BastogneCurrent Commissaire réviseur |
- | 29-04-2021 → present |
| NACE primary | Activiteiten van reclamebureaus(73110) |
| Legal form | Public limited company(014) |
| Incorporation | 07-01-2014 |
| Status | Active |
| Postal code | 1160 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21002A0104/00R006 | Brussels | 6,167 m² | 1 · 3,214 m² | 26.6 m · 6 fl. |
| 21372C0123/00S000 | Brussels | 2,733 m² | 1 · 1,011 m² | 18.8 m · 5 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 15 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
22-08-2025 Registered office moved from Bruxelles to Auderghem
- Boulevard Louis Schmidt 2- 1040 Bruxelles → Rue Jules Cockx 10 bte 12 à 1160 Auderghem
Technical details
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}18-04-2025 2 directors appointed, 5 resigning
- Yves Gérard, President of the board of directors
- Chris Vandervinne, Administrator
- Jean-Paul Philippot, Administrator
- Jean-Philippe Rousseau, Administrator
- Baptiste Erkes, Administrator
- Gaëtan Servais, Administrator
- André Leruth, Administrator
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}22-07-2024 Articles of association amended
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}21-12-2023 Sandrine Bastogne appointed as auditor
- Sandrine Bastogne, Auditor
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}29-04-2021 Sandrine Bastogne appointed as commissaire réviseur
- Sandrine Bastogne, Commissaire réviseur
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}19-05-2020 6 directors appointed, 3 resigning
- Jean-Paul Philippot, Bestuurder
- Jean Philippe Rousseau, Bestuurder
- Baptiste Erkes, Bestuurder
- Gaëtan Servais, Bestuurder
- André Leruth, Bestuurder
- Julien Papelier, Bestuurder
- Baptiste Meur, Bestuurder
- Clarisse Albert, Bestuurder
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}05-09-2019 Julien Papelier appointed as director
- Julien Papelier, Bestuurder
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}20-12-2018 1 director appointed, 1 resigning
- Julien Papelier, Bestuurder
- Léon Pérahia, Bestuurder
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}13-07-2018 2 directors appointed, 1 resigning
- Léon Perahia, Bestuurder
- Jean-Philippe Rousseau, Bestuurder
- Laurence Glautier, Bestuurder
Technical details
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}20-12-2017 Sandrine Bastogne appointed as auditor
- Sandrine Bastogne, Auditor
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}20-12-2017 1 director appointed, 1 resigning
- Jean-Philippe Rousseau, Bestuurder
- Laurence Glautier, Bestuurder
Technical details
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}14-11-2016 Registered office moved within Bruxelles
- rue Colonel Bourg, 133 -1140 Bruxelles → Boulevard Louis Schmidt, 2 à 1040 Bruxelles
Technical details
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}19-02-2016 2 directors appointed, 1 resigning
- Yves Gérard, Délégué à la gestion journalière, régie média belge
- Jean-Paul Philippot, Délégué à la gestion journalière, régie média belge
- Pierre Vanderbeck, Representant de rmb (régie média belge)
Technical details
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}09-04-2015 5 directors appointed, 5 resigning
- Jean-Paul Philippot, Bestuurder
- Clarisse Albert, Bestuurder
- Laurence Glautier, Bestuurder
- Isabelle Karl, Bestuurder
- Baptiste Meur, Bestuurder
- Jean-Paul Philippot, Bestuurder
- Clarisse Albert, Bestuurder
- Bernadette Wynants, Bestuurder
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}| Legal nameFR | Belgian Media Ventures |