BRAINACTIVITY
Annual accounts 2025
full format, filed on 31-08-2026, 31 days late€650,086
▲ 11.8%
€472,278
▲ 23.2%
€388,686
▲ 59.7%
-€2.0m
▲ €133,684
10.9%
▲ 7.6 percentage points
0.43
▼ 0.15
The turnover shown is an estimate from the gross margin.
Turnover ≈ €1.5m. Estimated: probably between €920,000 and €2.6m.
Balance sheet
balance sheet total €5.8m on 31-12-2025What the company ownsHow it is paid for
in euro
in €m
Position in the sector
10.9%
Higher than 28% of 232 companies in 2025.
0.43
Higher than 11% of 225 companies in 2025.
6.7%
Higher than 68% of 231 companies in 2025.
BRAINACTIVITY
Middle half of the sector
80% of the sector
Full accounts in film, video and music (NACE 59)
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: bottom quarter · Staff: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||||
20/58 |
5.8m | 7.4m | 5.7m | 5.6m | 5.8m | 6.2m | 6.1m | 6.5m | 5.8m | 6.0m | 6.1m | 6.3m | 6.1m | 4.0m | 3.0m | 2.3m | 1.4m | 1.4m | 1.2m | |
20 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,250 | |
21/28 |
4.3m | 4.4m | 4.6m | 4.4m | 4.8m | 5.3m | 5.2m | 5.4m | 4.7m | 4.7m | 4.8m | 4.8m | 4.9m | 2.8m | 2.2m | 2.3m | 1.4m | 1.3m | 1.2m | |
22/27 |
4.3m | 4.4m | 4.6m | 4.4m | 4.8m | 5.3m | 5.2m | 5.4m | 4.7m | 4.7m | 4.8m | 4.8m | 4.9m | 2.8m | 2.2m | 2.3m | 1.2m | 1.1m | 1.2m | |
22 |
4.3m | 4.4m | 4.6m | 4.4m | 4.8m | 5.3m | 5.2m | 5.4m | 4.7m | 4.7m | 4.8m | 4.8m | 4.9m | 2.8m | 2.2m | 2.3m | 1.2m | 1.1m | 1.2m | |
28 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 148,938 | 148,938 | - | |
29/58 |
1.5m | 3.0m | 1.1m | 1.2m | 969,046 | 871,207 | 908,136 | 1.1m | 1.2m | 1.3m | 1.3m | 1.4m | 1.2m | 1.1m | 830,935 | 43,203 | 3,675 | 79,925 | 13,253 | |
40/41 |
658,663 | 223,949 | 224,277 | 206,897 | 166,733 | 30,121 | 21,097 | 10,627 | 24,322 | 76,893 | 132,890 | 243,469 | 187,436 | 6,096 | 77 | 12,560 | - | 62 | - | |
40 |
123,465 | 192,651 | 197,008 | 173,889 | 112,459 | 25,221 | 18,097 | 10,627 | 23,404 | 30,107 | 26,001 | 25,198 | 32,117 | 3,698 | - | - | - | - | - | |
41 |
535,198 | 31,298 | 27,270 | 33,008 | 54,274 | 4,900 | 3,000 | - | 918 | 46,787 | 106,889 | 218,271 | 155,319 | 2,398 | 77 | 12,560 | - | 62 | - | |
54/58 |
845,296 | 2.7m | 874,369 | 1.0m | 802,313 | 839,317 | 884,620 | 1.1m | 1.2m | 1.2m | 1.2m | 1.2m | 973,676 | 1.1m | 826,224 | 14,562 | 3,675 | 79,105 | 13,253 | |
490/1 |
- | - | 563 | - | - | 1,769 | 2,419 | 2,656 | 2,438 | 1,838 | 1,020 | 1,502 | - | 1,920 | 4,634 | 16,081 | - | 758 | - | |
| Balance sheet: equity and liabilities | ||||||||||||||||||||
10/49 |
5.8m | 7.4m | 5.7m | 5.6m | 5.8m | 6.2m | 6.1m | 6.5m | 5.8m | 6.0m | 6.1m | 6.3m | 6.1m | 4.0m | 3.0m | 2.3m | 1.4m | 1.4m | 1.2m | |
10/15 |
634,497 | 245,811 | 2,354 | -114,457 | 77,567 | 475,165 | 657,750 | 860,078 | 1.2m | 1.3m | 1.4m | 1.5m | 1.5m | -560,645 | -359,487 | -296,494 | -297,890 | -221,875 | -116,349 | |
10/11 |
950,000 | 950,000 | 950,000 | 950,000 | 950,000 | 950,000 | 950,000 | 950,000 | 950,000 | 950,000 | 950,000 | 950,000 | 750,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | |
10 |
950,000 | 950,000 | 950,000 | 950,000 | 950,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
950,000 | 950,000 | 950,000 | 950,000 | 950,000 | 950,000 | 950,000 | 950,000 | 950,000 | 950,000 | 950,000 | 950,000 | 750,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | |
12 |
1.5m | 1.5m | 1.5m | 1.5m | 1.5m | 1.5m | 1.5m | 1.5m | 1.5m | 1.5m | 1.5m | 1.5m | 1.5m | - | - | - | - | - | - | |
14 |
-1.8m | -2.2m | -2.4m | -2.5m | -2.3m | -2.0m | -1.8m | -1.6m | -1.3m | -1.1m | -1.1m | -902,207 | -767,923 | -622,645 | -421,487 | -358,494 | -359,890 | -283,875 | -178,349 | |
17/49 |
5.2m | 7.1m | 5.7m | 5.7m | 5.7m | 5.7m | 5.5m | 5.6m | 4.7m | 4.7m | 4.7m | 4.8m | 4.6m | 4.5m | 3.4m | 2.6m | 1.7m | 1.6m | 1.3m | |
17 |
1.7m | 2.0m | 2.4m | 2.8m | 3.1m | 3.5m | 3.8m | 4.1m | 1.5m | 1.6m | 1.5m | 1.6m | 1.6m | 1.7m | 1.7m | - | - | - | - | |
170/4 |
1.7m | 2.0m | 2.4m | 2.8m | 3.1m | 3.5m | 3.8m | 4.1m | 1.5m | 1.6m | 1.5m | 1.6m | 1.6m | 1.7m | 1.7m | - | - | - | - | |
42/48 |
3.5m | 5.1m | 3.3m | 3.0m | 2.6m | 2.2m | 1.7m | 1.5m | 3.2m | 3.1m | 3.2m | 3.2m | 3.0m | 2.9m | 1.7m | 2.6m | 1.6m | 1.6m | 1.3m | |
42 |
302,600 | 368,178 | 357,250 | 351,844 | 346,207 | 338,213 | 318,967 | 313,156 | 2.3m | 2.5m | 2.7m | 2.8m | 2.9m | 2.0m | 1.1m | 2.1m | 1.0m | 1.0m | 1.0m | |
43 |
- | - | - | - | - | - | - | - | - | - | - | 45 | - | 27 | 14 | - | - | - | 224 | |
430/8 |
- | - | - | - | - | - | - | - | - | - | - | 45 | - | 27 | 14 | - | - | - | 224 | |
44 |
117,622 | 220,786 | 314,458 | 316,967 | 254,401 | 108,517 | 142,311 | 134,790 | 64,916 | 88,143 | 37,044 | - | 999 | 16,223 | 2,235 | 4,689 | 648 | - | - | |
440/4 |
117,622 | 220,786 | 314,458 | 316,967 | 254,401 | 108,517 | 142,311 | 134,790 | 64,916 | 88,143 | 37,044 | - | 999 | 16,223 | 2,235 | 4,689 | 648 | - | - | |
46 |
- | - | - | - | - | - | - | - | - | - | - | 520 | 520 | - | - | - | - | - | - | |
45 |
- | - | - | - | 1,517 | - | - | 16,968 | - | - | - | - | - | - | - | - | - | - | - | |
450/3 |
- | - | - | - | 1,517 | - | - | 16,968 | - | - | - | - | - | - | - | - | - | - | - | |
47/48 |
3.1m | 4.5m | 2.6m | 2.3m | 2.0m | 1.8m | 1.2m | 1.0m | 785,772 | 560,960 | 479,214 | 375,517 | 169,273 | 846,119 | 576,534 | 506,624 | 612,250 | 536,385 | 259,007 | |
492/3 |
5,550 | 51,637 | - | - | 26,650 | 31,715 | - | - | 8,175 | 4,506 | 2,248 | 4,052 | 891 | 1,186 | - | 26,629 | 24,992 | 23,978 | 8,501 | |
| Income statement | ||||||||||||||||||||
76A |
- | - | - | 2,239 | - | 1,000 | 4,491 | 1,513 | 2,047 | 5,046 | - | 3,064 | - | 26,624 | 100 | 228,791 | - | - | 86,000 | |
9900 |
650,086 | 581,709 | 473,517 | 344,463 | 263,453 | 168,590 | 103,113 | 126,751 | 186,093 | 222,977 | 138,222 | 173,320 | 241,851 | 120,365 | 146,726 | 90,554 | 17,968 | 21,914 | -3,737 | |
630 |
110,758 | 156,866 | 143,995 | 437,239 | 492,257 | 152,518 | 128,319 | 233,631 | 107,897 | 106,208 | 105,265 | 103,628 | 116,771 | 173,129 | 63,037 | 213,508 | 32,238 | 34,164 | 199,776 | |
640/8 |
62,682 | 41,420 | 66,879 | 5,625 | 62,123 | 31,751 | 32,957 | 38,383 | 59,203 | 27,276 | 19,482 | 19,414 | 24,619 | 15,100 | 15,128 | 12,396 | 6,806 | 13,045 | 3,008 | |
66A |
4,368 | - | 4,889 | - | 1,299 | 10,246 | 3,111 | 2,000 | - | - | 170 | 1,429 | 100,000 | - | - | 20,000 | 6,481 | - | - | |
9901 |
472,278 | 383,423 | 257,754 | -98,401 | -292,226 | -25,924 | -61,274 | -147,263 | 18,994 | 89,492 | 13,475 | 50,278 | 100,461 | -67,864 | 68,561 | -135,350 | -21,076 | -25,295 | -206,521 | |
75/76B |
4,400 | 6,448 | 482 | 592 | 211 | 44 | 126 | 5 | 557 | 2,208 | 4,394 | 18,520 | 8,723 | 5,363 | 3,720 | 113 | 97 | 68 | - | |
75 |
4,400 | 6,448 | 482 | 592 | 211 | 44 | 126 | 5 | 557 | 2,208 | 4,394 | 18,520 | 8,723 | 5,363 | 3,720 | 113 | 97 | 68 | - | |
65/66B |
87,992 | 144,611 | 141,425 | 94,215 | 105,583 | 156,602 | 141,181 | 155,790 | 152,046 | 167,126 | 169,900 | 202,640 | 154,649 | 163,961 | 135,337 | 72,175 | 49,520 | 80,289 | 56,850 | |
65 |
87,992 | 144,611 | 141,425 | 94,215 | 105,583 | 156,602 | 141,181 | 155,790 | 152,046 | 167,126 | 169,900 | 202,640 | 154,649 | 163,961 | 135,337 | 72,175 | 49,520 | 80,289 | 56,850 | |
9903 |
388,686 | 245,260 | 116,811 | -192,024 | -397,598 | -182,483 | -202,328 | -303,048 | -132,496 | -75,426 | -152,201 | -132,207 | -145,465 | -199,838 | -62,956 | 1,379 | -76,980 | -105,516 | -177,371 | |
67/77 |
0 | 1,803 | - | - | - | 102 | - | - | - | 2 | 367 | 2,077 | -187 | 1,320 | 37 | -17 | -965 | 10 | 978 | |
9904 |
388,686 | 243,457 | 116,811 | -192,024 | -397,598 | -182,584 | -202,328 | -303,048 | -132,496 | -75,427 | -152,568 | -134,284 | -145,278 | -201,158 | -62,993 | 1,396 | -76,015 | -105,526 | -178,349 | |
9905 |
388,686 | 243,457 | 116,811 | -192,024 | -397,598 | -182,584 | -202,328 | -303,048 | -132,496 | -75,427 | -152,568 | -134,284 | -145,278 | -201,158 | -62,993 | 1,396 | -76,015 | -105,526 | -178,349 | |
| Appropriation of the result | ||||||||||||||||||||
9906 |
-1.8m | -2.2m | -2.4m | -2.5m | -2.3m | -2.0m | -1.8m | -1.6m | -1.3m | -1.1m | -1.1m | -902,207 | -767,923 | -622,645 | -421,487 | -358,494 | -359,890 | -283,875 | -178,349 | |
14P |
-2.2m | -2.4m | -2.5m | -2.3m | -2.0m | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Social balance sheet | ||||||||||||||||||||
9087 |
0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Document | ||||||||||||||||||||
The notes to these accounts have 13 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 31-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 31 days after the deadline. Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00467627.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 31-08-2026 | 2026-00467627 | |
| 31-12-2024 | micro format | 30-09-2025 | 2025-00518486 | |
| 31-12-2023 | micro format | 14-10-2024 | 2024-00505877 | |
| 31-12-2022 | full format | 31-08-2023 | 2023-00395689 | |
| 31-12-2021 | full format | 09-06-2023 | 2023-00120608 | |
| 31-12-2020 | full format | 30-11-2021 | 2021-78700409 | |
| 31-12-2019 | full format | 15-10-2020 | 2020-61800508 | |
| 31-12-2018 | full format | 25-09-2019 | 2019-66100531 | |
| 31-12-2017 | full format | 31-08-2018 | 2018-59700537 | |
| 31-12-2016 | full format | 30-08-2017 | 2017-55100538 | |
| 31-12-2015 | full format | 31-08-2016 | 2016-57100399 | |
| 31-12-2014 | full format | 30-09-2015 | 2015-62800559 | |
| 31-12-2013 | full format | 29-08-2014 | 2014-53300367 | |
| 31-12-2012 | full format | 24-04-2013 | 2013-09800403 | |
| 31-12-2011 | full format | 07-05-2012 | 2012-11300006 | |
| 31-12-2010 | full format | 09-05-2011 | 2011-11000333 | |
| 31-12-2009 | full format | 17-06-2010 | 2010-19200380 | |
| 31-12-2008 | full format | 14-07-2009 | 2009-42600302 | |
| 31-12-2007 | full format | 08-05-2008 | 2008-13700279 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 583,036 | 540,289 | 401,749 | 338,837 | 200,031 | 126,593 | 67,045 | 86,368 | 126,891 | 195,701 | 118,740 | 153,906 | 217,232 | 105,265 | 131,598 | 78,158 | 11,162 | 8,869 | -6,745 | ||
| 499,444 | 400,323 | 260,806 | 245,214 | 94,659 | -30,067 | -74,009 | -69,417 | -24,599 | 30,781 | -47,303 | -30,656 | -28,507 | -28,029 | 44 | 214,904 | -43,777 | -71,362 | 21,428 | ||
| 0 | 23,100 | 329,622 | 0 | 0 | 217,787 | 0 | 947,813 | 50,707 | 28,318 | 53,166 | -1,799 | 843,750 | 891,953 | 0 | 1.4m | 110,000 | 154,597 | 1.4m | ||
| -1.9m | 1.9m | -149,737 | 221,793 | -37,004 | -45,303 | -208,606 | -72,691 | -21,437 | -5,815 | -9,321 | 228,814 | -151,139 | 298,591 | 811,662 | 10,887 | -75,430 | 65,852 | - | ||
| -2.0m | -2.1m | -2.2m | -1.7m | -1.6m | -1.3m | -790,124 | -384,474 | -2.0m | -1.9m | -1.9m | -1.8m | -1.9m | -1.7m | -823,344 | -2.5m | -1.6m | -1.5m | -1.3m | ||
| 10.9% | 3.3% | 0.0% | -2.0% | 1.3% | 7.7% | 10.7% | 13.3% | 19.9% | 21.7% | 22.4% | 24.2% | 23.9% | -14.1% | -11.9% | -12.9% | -21.8% | -16.2% | -9.9% | ||
| 0.43 | 0.58 | 0.34 | 0.42 | 0.38 | 0.39 | 0.53 | 0.74 | 0.37 | 0.41 | 0.41 | 0.45 | 0.38 | 0.40 | 0.50 | 0.02 | 0.00 | 0.05 | 0.01 | ||
| 8.18 | 29.04 | - | - | 73.50 | 11.99 | 8.34 | 6.52 | 4.02 | 3.61 | 3.46 | 3.13 | 3.19 | - | - | - | - | - | - | ||
| 61.3% | 99.0% | - | - | -512.6% | -38.4% | -30.8% | -35.2% | -11.4% | -5.8% | -11.1% | -8.8% | -10.0% | - | - | - | - | - | - | ||
| 6.7% | 3.3% | 2.1% | -3.4% | -6.9% | -3.0% | -3.3% | -4.7% | -2.3% | -1.3% | -2.5% | -2.1% | -2.4% | -5.1% | -2.1% | 0.1% | -5.6% | -7.7% | -15.1% | ||
| 6.63 | 3.74 | 2.84 | 3.60 | 1.89 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
EBIT margin: not included in this filing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Securities and guarantees
on own assets and for others| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Mortgages, amount registered | €2.0m | €2.4m | €2.8m | €2.8m | €3.1m |
| €145,000 | - | - | - | - | |
| Carrying value of the mortgaged assets | €4.3m | €4.4m | €4.6m | €4.4m | €4.8m |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €23,100 | €329,622 | - | - |
| €110,758 | €156,866 | €143,995 | €437,239 | €492,257 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on BRAINACTIVITY
The operating result for 2025 is 23% higher than in 2024 and the highest since 2007. It is the fourth rise in a row, after the fall in 2021.
Debt's share of the balance-sheet total falls from 96.7% to 89.1%. Equity is higher and debt is lower.
Large changes and their cause
- 2025 Net result +60% on 2024. The accounts now follow the full format, last year the micro format.