Financials
- Fiscal year
- 2025
- Total assets
- €169,510
- Loss
- -€12,002
- Solvency
- 61.2%
Total assets▼ 11.0%
Net result
20182025
Belgica
ActiveSummary
Belgica has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €103,743 and a net result of -€12,002. Equity is growing by ~30.4% per year across the filed fiscal years. Its solvency ranks better than 71% of 491 sector peers (fiscal 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 59140NACE 92130
1 site
Size
€169,510total assets 2025
- Equity
- €103,743
- Loss
- -€12,002
Turnover not published (abridged schema)
Structure
Accounts 44 d early0 of 5 deeds read
Why 94- Loss of €12,002 (FY 2025)+ Liquidity: current ratio 2.79, cash €90,066+ Founded in 1968+ Size: total assets €169,510Show the evidence
Checked score
Score 2025
94
/ 100
Excellent
Probability in this band: under 0.55%
Better than 51% of its sector peers (NACE 59, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency
86=
equity 61.2% of total assets
Liquidity
87+3
short-term debt 30.1% · cash 53.1%
Profitability
18-65
return on assets -7.1%
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).
Last 24 months
11-2024: < 0.1%lowest value
12-2024: < 0.1%● 0.0% vs 11-2024lowest value
01-2025: < 0.1%● 0.0% vs 12-2024lowest value
02-2025: < 0.1%● 0.0% vs 01-2025lowest value
03-2025: < 0.1%● 0.0% vs 02-2025lowest value
04-2025: < 0.1%▲ +2.9% vs 03-2025
05-2025: < 0.1%● 0.0% vs 04-2025
06-2025: < 0.1%● 0.0% vs 05-2025
07-2025: < 0.1%▼ -2.9% vs 06-2025lowest value
08-2025: < 0.1%● 0.0% vs 07-2025lowest value
09-2025: < 0.1%● 0.0% vs 08-2025lowest value
10-2025: < 0.1%● 0.0% vs 09-2025lowest value
11-2025: < 0.1%● 0.0% vs 10-2025lowest value
12-2025: < 0.1%● 0.0% vs 11-2025lowest value
01-2026: < 0.1%● 0.0% vs 12-2025lowest value
02-2026: < 0.1%● 0.0% vs 01-2026lowest value
03-2026: < 0.1%● 0.0% vs 02-2026lowest value
04-2026: < 0.1%▲ +5.9% vs 03-2026
05-2026: < 0.1%● 0.0% vs 04-2026
06-2026: < 0.1%● 0.0% vs 05-2026
07-2026: < 0.1%▲ +30.6% vs 06-2026highest value
08-2026: < 0.1%● 0.0% vs 07-2026highest value
09-2026: < 0.1%● 0.0% vs 08-2026highest value
10-2026: < 0.1%● 0.0% vs 09-2026highest value
- Loss of €12,002 (FY 2025) raises the probability
- Liquidity: current ratio 2.79, cash €90,066 lowers the probability
- Founded in 1968 lowers the probability for this profile
- Size: total assets €169,510 lowers the probability for this profile
Credit up to €9,000 at 30 days acceptable
Liquidity ample (current ratio 2.79 against 2.22 in 2024; short-term debt: 30.1% and cash: 53.1% of total assets), and 38.8% of the assets are financed with debt.
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 65%, liquidity 82%, profitability 23%, growth against the median 35%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 06-10-2026. 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
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-06-2026, 44 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
44 d early
2024
59 d early
2023
61 d early
2022
4 d early
2021
4 d late
2020
16 d early
2019
53 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 33 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 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 17 June (4 of the last 5 filed years within 40 days of that day).
Companies Code · seven monthsPosition in the running window
06-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · abbreviated…
- Annual accounts filedfiscal year 2024 · micro…
- Equity above €100,000Eq €115,745 ▲23.6%
Key points
By topic
Timeline
- Events
- 14
- Since
- 2017
- Next accounts
- by 31-07-2027
- 17-06-2026Annual accounts filed
- 02-06-2025Annual accounts filed
- 31-12-2024Equity above €100,000
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Motion picture, video and television programme production, sound…NACE 59140
- Founded
- 01-01-1968
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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