BLACKSMITH FILMWORKS
ActiveBLACKSMITH FILMWORKS has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €34k and a net result of €6k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 76% of 381 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
92
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability83▼-17
Solvency92▲+12
Growth38=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 2.5 against 1.69 in 2024; short-term debt: 32.6% and cash: 58.9% of total assets), and 32.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 59
Relative position
BE, all sectors
reference
Sector 59
lower
← fewer bankruptcies
more bankruptcies →
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
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
67.4%
Return on assets
11.8%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €34k
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 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
12 d late
2023
20 d late
2022
48 d early
2021
14 d early
2020
10 d early
2019
37 d early
← before the deadline
after the deadline →
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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€65k▼ 27.1%
2019 · €89k
2018: €82k
2019: €89k
2018 → 2020
EBIT margin
19.9%▲ 82.2pp
2019 · -62.3%
2018: 2.6%
2019: -62.3%
2018 → 2020
Net result
€6k▼ 73.2%
2024 · €22k
2018: €-4k
2019: €-71k
2020: €8k
2021: €30k
2022: €14k
2023: €-12k
2024: €22k
2018 → 2025
Working capital
€25k▲ 57.8%
2024 · €16k
2018: €18k
2019: €28k
2020: €2k
2021: €21k
2022: €-2k
2023: €-9k
2024: €16k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€4k-€18k▲ 344%€6k▼ 66.4%€28k▲ 376%€34k▲ 21.2%
Operating result€31k-€15k▼ 53.6%€-1k€23k€7k▼ 70.1%
Net result€30k-€14k▼ 54.8%€-12k€22k€6k▼ 73.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 70% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €51k
Fixed assets
€9k▼ 24.9%
Current assets
€41k▲ 7.0%
Equity and liabilities €51k
Equity
€34k▲ 21.2%
Debt
€17k▼ 27.9%
The debt ratio falls from 44.8% to 32.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€15k▼
2024 · €33k
Cash flow
€14k▼
2024 · €32k
Solvency
67.4%▲
2024 · 55.2%
Current ratio
2.50▲
2024 · 1.69
Quick ratio
2.50▲
2024 · 1.69
Debt / equity
0.48▼
2024 · 0.81
ROE
17.5%▼
2024 · 79.0%
ROA
11.8%▼
2024 · 43.6%
Interest coverage
18.75▼
2024 · 52.31
Debt
€17k▼
2024 · €23k
Debt ≤ 1 year
€17k▼
2024 · €23k
Income taxes
€176▲
2024 · €174
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€51k€51k▼
Fixed assets21/28€13k€9k▼
Tangible fixed assets22/27€13k€9k▼
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€8k€7k▼
Current assets29/58€39k€41k▲
Amounts receivable within one year40/41€9k€9k▼
Trade receivables40€9k€9k▼
Cash at bank and in hand54/58€26k€30k▲
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€51k€51k▼
Equity10/15€28k€34k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€6k€6k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Profit (loss) carried forward14€-40k€-34k▲
Amounts payable17/49€23k€17k▼
Amounts payable within one year42/48€23k€17k▼
Trade debts44€879€1k▲
Suppliers440/4€879€1k▲
Taxes, remuneration and social security45€11k€12k▲
Taxes450/3€8k€9k▲
Remuneration and social security454/9€3k€3k=
Other amounts payable47/48€11k€3k▼
Income statement
Code20242025
Goods, raw materials, services and sundry goods60/61€87k€87k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€8k▼
Other operating charges640/8€697€703▲
Gross operating margin9900€33k€16k▼
Operating profit (loss)9901€23k€7k▼
Financial income75/76B€23€50▲
Recurring financial income75€23€50▲
Financial charges65/66B€626€790▲
Recurring financial charges65€626€790▲
Profit (loss) for the period before taxes9903€22k€6k▼
Income taxes67/77€174€176▲
Profit (loss) for the period9904€22k€6k▼
Profit (loss) for the period to be appropriated9905€22k€6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-40k€-34k▲
Profit (loss) brought forward from the previous period14P€-62k€-40k▲
Transfer from equity791/2-€0
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
12-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 12 days late
2024
31-12
Financial
Back to profitnet €22k
Net result €22k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 1.69
Current ratio from 0.74 to 1.69; short-term debt falls from €34k to €23k.
20-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 20 days late
2023
13-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
17-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €30k ▲294%
Operating result €31k, net result €30k, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 4.95
Current ratio from 1.23 to 4.95; short-term debt falls from €9k to €5k.
21-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €8k
Net result €8k after 2 loss-making years.
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-71k
Net result drops to €-71k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 4.97
Current ratio from 2.37 to 4.97; short-term debt falls from €13k to €7k.
24-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Jodoigne · 1 establishment unit since 1997
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Champs des Fosses(Mél.) 301370 JodoigneGround area
1,383 m²
Building footprint
70 m²
Volume, LiDAR
477 m³
Parcel 25064B0658/00F000, Wallonia · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ART SONIC SA
since 19972.083.841.595
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25064B0658/00F000 | Wallonia | 1,383 m² | 1 · 70 m² | 8.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,060 companies in sector 59120 we hold annual accounts for 452. 359 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded07-10-1997
Fiscal year end31-12
Activities, NACEBEL
59120Post-production of films, video and television programmes
90311Arts creation and performing arts activities
59111Production of cinema films
59112Motion picture, video and television programme production, sound recording and music publishing activities
59202Motion picture, video and television programme production, sound recording and music publishing activities
90393Specialised image, lighting and sound technical services
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.