Equity
€2.4m ▲ 13.1%
BELRAM has made a profit without a break since 2010.
BELRAM
Lifetime
20 annual accounts with figures on one time axis, 34 filings since 1992peak €1.6m (2023)
€959,636▼ 27.9%
lowest -€26,171 (2009)
€273,370▼ 45.8%
peak €2.4m (2025)
€2.4m▲ 13.1%
€386,347▲ 37.2%
peak 10.5 FTE (2020)
6.8 FTE
Board7 names since 2008
1 director
Documentsfilings and deeds
17-04-2026105 days before the deadline
2025financial year
Gross margin from €1.3m to €959,636Result from €504,189 to €273,370Equity from €2.1m to €2.4mDebts from €281,594 to €386,347Cash from €614,726 to €142,730
Key points
from the 2025 annual accountsResult
€273,370 ▼ 45.8%
The result fell in 2025 from €504,189 to €273,370.
Debts
€386,347 ▲ 37.2%
Debts rose by €104,753 in 2025.
Staff
6.8 FTE from 10.5 in 2020
Between 2020 and 2025, 35% of the full-time equivalents disappeared.
Filings
34 annual accounts 35 filings since 1992
Three of the last ten came late. The 2023 accounts came latest: 40 days after the end of the period.
Position in the sector
86.0%
Higher solvency than 91% of companies in creative and performing arts. Sector median 39.7% · 128 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 31,386 companies had the same profile as BELRAM has now. Each dot stands for 79 companies, two years later.
93.4%
were still trading
6.0%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,386 companies, not a prediction for BELRAM. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0447149511
Capital decrease of €200,700 to €62,000
Capital from €262,700 to €62,000 · Resignations: , , and · Appointment: (sole director) · General meeting of 20-12-2023 · Gazette deed
3 directors appointed, 2 resignations, 1 reappointment
Appointments: , and (managing director) · Reappointment: · Resignations: (managing director) and · General meeting of 02-06-2016 · Gazette deed
3 directors reappointed
(managing director), and · General meeting of 19-06-2013 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BELRAM Auderghem | €2.8m | €1.0m | 86.0% | 6.8 |
| EUROGRIP Mechelen | €2.4m | €0.8m | 88.1% | 7 |
| Dranoeter Heuvelland | €2.5m | €0.7m | 22.4% | 6.8 |
| Association européenne du Film d'Animation Brussels | €2.1m | €1.0m | 40.2% | 11.2 |
| FOU 69 Buggenhout | €2.7m | €0.9m | 17.6% | 8.7 |
| SILVER PARTNERS Andenne | €2.5m | €0.8m | 22.9% | 4.8 |
| SALUT! CA VA ? Genappe | €4.2m | €0.6m | 67.9% | 8.6 |
These companies have the same main activity as BELRAM: specialised image, lighting and sound technical services (NACE 90393). They are comparable in size and age: total assets between €2.1m and €4.2m, founded between 1981 and 2003.
Official details
Source: KBO- Status
- Active since 25-03-1992Normal situation
- Activity
- Specialised image, lighting and sound technical servicesNACE 90393and 5 others
- Establishment unit
- 2.057.584.3881160 Auderghem, since 01-06-1992
- Financial year end
- 31 December
- Peppol
- Reachable since 28-03-2025
Annual accounts 2025
- ≈ €1.3mestimated
- €2.8m▲ 15.9%
- Employeeson 31-12-2025
- 7=
- Filing
- Filed on 17-04-2026, 105 days before the end of the filing period
Insights on BELRAM
BELRAM has existed since 1992. In 2016 the gross margin rose from €285,130 to €1.1m.
In January 2024, four directors stepped down.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about BELRAM
- What is the company number of BELRAM?
- The company number of BELRAM is 0447.149.511. The VAT number is the same number with BE in front: BE 0447.149.511.
- Where is BELRAM based?
- The registered office is at Waverse steenweg 1600, 1160 Auderghem.Company details
- What does BELRAM do?
- According to the KBO register, the main activity is specialised image, lighting and sound technical services (NACE 90393).
- What is the legal form of BELRAM?
- BELRAM is a public limited company (NV).
- When was BELRAM founded?
- BELRAM was founded on 25-03-1992.
- Is BELRAM still active?
- Yes, BELRAM is an active enterprise in the KBO register.
- How many employees does BELRAM have?
- BELRAM had an average of 6.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of BELRAM?
- The turnover in financial year 2025 is ≈ €1.3m. This figure is estimated from the gross margin of €959,636 and 30 comparable companies (NACE 90). It probably lies between €1.0m and €2.5m.
- Is BELRAM profitable?
- In financial year 2025, BELRAM made a profit of €273,370.
- Where can I find the annual accounts of BELRAM?
- BELRAM filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BELRAM due?
- BELRAM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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