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Caméra-etc

Active
Non-profit associationfounded 197946 yrs activeRue Louvrex 95, 4000 Liège, BelgiumKBO/BCE: BE 0421.894.075
Summary

Caméra-etc has been active since 1979 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €31,661 and a net result of -€10,948. Equity is shrinking by ~14% per year across the filed fiscal years. Its solvency ranks better than 24% of 188 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability9▲+6
Solvency36▼-3
Growth57▲+22
Track record100
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity ample (current ratio 1.63 against 1.38 in 2024; short-term debt: 56.2% and cash: 31% of total assets), but 89.2% of the assets are financed with debt.
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Signals

Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 46 years 0 50 y
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
Motion picture, video and television programme production, sound recording and music publishing activities (NACE 59)
about 37% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
10.8%
Return on assets
-3.7%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€10,948
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 188 sector peers (2025).
NBB · sector comparison
Position among 188 sector peers
Solvency
better than 24%
← weakest strongest →
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 11-05-2026, 81 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
81 d early
2024
37 d early
2023
71 d early
2022
35 d early
2021
24 d early
2020
206 d late
2019
571 d late
← 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 76 days after 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.
Companies Code · seven months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 19 December 1979, Caméra-etc was incorporated.1 Revenue went from EUR 68,196 in 2022 to EUR 82,717 in 2025 and headcount from 9 full-time equivalents in 2018 to 11.3 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018, 2022 and 2025

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Financials · fiscal year 2025, full schema

Turnover
€82,717▲ 17.1%
2024 · €70,666
EBIT margin
-16.6%▲ 41.3pp
2024 · -57.9%
Net result
-€10,948▲ 67.4%
2024 · -€33,568
Working capital
€103,055▲ 49.6%
2024 · €68,891
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover€68,196€42,551▼ 37.6%€70,666▲ 66.1%€82,717▲ 17.1%
Operating result€11,513€708▼ 93.8%€536▼ 24.3%-€40,927-€13,710▲ 66.5%
Net result€11,130€595▼ 94.7%€326▼ 45.2%-€33,568-€10,948▲ 67.4%
EBIT margin1.0%1.3%▲ 0.2pp-57.9%▼ 59.2pp-16.6%▲ 41.3pp
Equity€74,153▲ 20.2%€74,795▲ 0.9%€73,303▼ 2.0%€40,138▼ 45.2%€31,661▼ 21.1%
Total assets€236,060▲ 20.4%€261,502▲ 10.8%€230,461▼ 11.9%€280,369▲ 21.7%€293,054▲ 4.5%
Debt€149,976▲ 28.6%€180,726▲ 20.5%€157,159▼ 13.0%€240,231▲ 52.9%€261,394▲ 8.8%
Working capital€118,581▲ 99.4%€116,352▼ 1.9%€73,165▼ 37.1%€68,891▼ 5.8%€103,055▲ 49.6%
Staff (FTE)10.610.5▼ 0.9%11.3
Result per fiscal year
Operating resultNet result
-€60,000-€40,000-€20,000€0€20,000Operating result 2021: €11,513€11,513Net result 2021: €11,130€11,130Operating result 2022: €708€708Net result 2022: €595€595Operating result 2023: €536€536Net result 2023: €326€326Operating result 2024: -€40,927-€40,927Net result 2024: -€33,568-€33,568Operating result 2025: -€13,710-€13,710Net result 2025: -€10,948-€10,94820212022202320242025-€60,000-€40,000-€20,000€0Operating result 2023: €536€536Net result 2023: €326€326Operating result 2024: -€40,927-€40,900Net result 2024: -€33,568-€33,600Operating result 2025: -€13,710-€13,700Net result 2025: -€10,948-€10,900202320242025
The operating result stays negative: a loss of €13,710 in 2025 against €40,927 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €293,054
Fixed assets €25,206 ▼ 18.0%
Current assets €267,848 ▲ 7.3%
Equity and liabilities €293,054
Equity €31,661 ▼ 21.1%
Debt €261,394 ▲ 8.8%
Debt's share of the balance-sheet total rises from 85.7% to 89.2%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€6,024▲
2024 · -€33,213
Cash flow
-€3,263▲
2024 · -€25,854
Current ratio
1.63▲
2024 · 1.38
Debt to equity
8.26▲
2024 · 5.99
ROE
-34.6%▲
2024 · -83.6%
ROA
-3.7%▲
2024 · -12.0%
Interest coverage
-18.25▲
2024 · -96.49
Debt ≤ 1 year
€164,793▼
2024 · €180,731
Staff costs
€787,240▼
2024 · €797,975
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,501 companies that looked in July 2024 the way this one looks now, 1.4% went bankrupt within 24 months and 96% are still going.

  • Small
  • 20 years or older
  • solvency 10 to 30%
  • a small loss
1.4% went bankrupt
1.7% stopped otherwise
96% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: < 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,501 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet Code20242025
Assets
Total assets20/58€280,369€293,054▲
Fixed assets21/28€30,747€25,206▼
Intangible fixed assets21€2,843€2,270▼
Tangible fixed assets22/27€6,229€1,261▼
Plant, machinery and equipment23€4,074€0▼
Furniture and vehicles24€1,316€1,261▼
Other tangible fixed assets26€839€0▼
Financial fixed assets28€21,675€21,675=
Current assets29/58€249,621€267,848▲
Amounts receivable within one year40/41€125,471€176,502▲
Trade receivables40€9,263€15,418▲
Other amounts receivable41€116,208€161,084▲
Cash at bank and in hand54/58€123,736€90,959▼
Deferred charges and accrued income490/1€414€388▼
Equity and liabilities
Total equity and liabilities10/49€280,369€293,054▲
Equity10/15€40,138€31,661▼
Contributions10/11€30,451€30,451=
Capital10€30,451€30,451=
Reserves13€24,000€24,000=
Profit (loss) carried forward14-€23,405-€34,353▼
Investment grants15€9,091€11,563▲
Amounts payable17/49€240,231€261,394▲
Amounts payable within one year42/48€180,731€164,793▼
Trade debts44€6,917€17,948▲
Suppliers440/4€6,917€17,948▲
Taxes, remuneration and social security45€173,814€145,131▼
Taxes450/3€26,536€17,408▼
Remuneration and social security454/9€147,278€127,723▼
Accrued charges and deferred income492/3€59,500€96,600▲
Income statement Code20242025
Turnover70€70,666€82,717▲
Non-recurring operating income76A€7,595€1,915▼
Goods, raw materials, services and sundry goods60/61€125,910€129,802▲
Remuneration, social security and pensions62€797,975€787,240▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,714€7,686▼
Other operating charges640/8€30€471▲
Gross operating margin9900€764,791€781,687▲
Operating profit (loss)9901-€40,927-€13,710▲
Financial income75/76B€7,704€3,342▼
Recurring financial income75€108€3,342▲
Non-recurring financial income76B€7,595€0▼
Financial charges65/66B€344€580▲
Recurring financial charges65€344€330▼
Non-recurring financial charges66B-€250
Profit (loss) for the period before taxes9903-€33,568-€10,948▲
Profit (loss) for the period9904-€33,568-€10,948▲
Profit (loss) for the period to be appropriated9905-€33,568-€10,948▲
Appropriation of the result
Profit (loss) to be appropriated9906-€32,405-€34,353▼
Profit (loss) brought forward from the previous period14P€1,162-€23,405▼
From contributions791€9,000-
Social balance
Average headcount (FTE)9087-11.3

The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Turnover70-€68,196€42,551€70,666€82,717▲ 17.1%
Non-recurring operating income76A€2,840€23€31€7,595€1,915▼ 74.8%
Goods, raw materials, services and sundry goods60/61-€90,481€95,263€125,910€129,802▲ 3.1%
Remuneration, social security and pensions62€576,453€708,267€758,055€797,975€787,240▼ 1.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,552€10,450€10,303€7,714€7,686▼ 0.4%
Other operating charges640/8€59€4,776€6,974€30€471▲ 1,472%
Non-recurring operating charges66A€22,977€30€0---
Gross operating margin9900€614,661€718,281€769,886€764,791€781,687▲ 2.2%
Operating profit (loss)9901€11,513€708€536-€40,927-€13,710▲ 66.5%
Financial income75/76B-€106€48€7,704€3,342▼ 56.6%
Recurring financial income75-€106€48€108€3,342▲ 2,984%
Non-recurring financial income76B---€7,595€0▼ 100%
Financial charges65/66B€383€219€258€344€580▲ 68.5%
Recurring financial charges65€383€219€258€344€330▼ 4.1%
Non-recurring financial charges66B----€250-
Profit (loss) for the period before taxes9903€11,130€595€326-€33,568-€10,948▲ 67.4%
Profit (loss) for the period9904€11,130€595€326-€33,568-€10,948▲ 67.4%
Profit (loss) for the period to be appropriated9905€11,130€595€326-€33,568-€10,948▲ 67.4%
Line20212022202320242025Change
Assets
Total assets20/58€236,060€261,502€230,461€280,369€293,054▲ 4.5%
Fixed assets21/28€20,703€17,424€17,638€30,747€25,206▼ 18.0%
Intangible fixed assets21€1,331€1,049€212€2,843€2,270▼ 20.2%
Tangible fixed assets22/27€10,550€9,449€8,467€6,229€1,261▼ 79.8%
Plant, machinery and equipment23€6,056€7,012€6,759€4,074€0▼ 100%
Furniture and vehicles24€1,519€759€869€1,316€1,261▼ 4.1%
Other tangible fixed assets26€2,975€1,678€839€839€0▼ 100%
Financial fixed assets28€8,823€6,926€8,959€21,675€21,675=
Current assets29/58€215,357€244,078€212,823€249,621€267,848▲ 7.3%
Amounts receivable within one year40/41€73,685€122,970€71,409€125,471€176,502▲ 40.7%
Trade receivables40€6,483€17,499€5,608€9,263€15,418▲ 66.5%
Other amounts receivable41€67,202€105,471€65,800€116,208€161,084▲ 38.6%
Cash at bank and in hand54/58€141,215€119,550€140,280€123,736€90,959▼ 26.5%
Deferred charges and accrued income490/1€458€1,558€1,135€414€388▼ 6.4%
Equity and liabilities
Total equity and liabilities10/49€236,060€261,502€230,461€280,369€293,054▲ 4.5%
Equity10/15€74,153€74,795€73,303€40,138€31,661▼ 21.1%
Contributions10/11---€30,451€30,451=
Capital10---€30,451€30,451=
Reserves13€33,000€33,000€33,000€24,000€24,000=
Profit (loss) carried forward14€242€837€1,162-€23,405-€34,353▼ 46.8%
Investment grants15€10,460€10,507€8,689€9,091€11,563▲ 27.2%
Provisions and deferred taxes16€11,931€5,981----
Provisions for liabilities and charges160/5€11,931€5,981----
Other liabilities and charges164/5€11,931€5,981----
Amounts payable17/49€149,976€180,726€157,159€240,231€261,394▲ 8.8%
Amounts payable within one year42/48€96,776€127,726€139,659€180,731€164,793▼ 8.8%
Trade debts44€5,509€5,616€2,977€6,917€17,948▲ 159%
Suppliers440/4€5,509€5,616€2,977€6,917€17,948▲ 159%
Taxes, remuneration and social security45€91,267€122,110€136,681€173,814€145,131▼ 16.5%
Taxes450/3€6,746€13,769€15,828€26,536€17,408▼ 34.4%
Remuneration and social security454/9€84,522€108,341€120,853€147,278€127,723▼ 13.3%
Accrued charges and deferred income492/3€53,200€53,000€17,500€59,500€96,600▲ 62.4%
Line20212022202320242025Change
Profit (loss) for the period9904€11,130€595€326-€33,568-€10,948▲ 67.4%
+ Depreciation and write-downs630€9,552€10,450€10,303€7,714€7,686▼ 0.4%
Operating cash flow (approximation)€20,682€11,045€10,629-€25,854-€3,263▲ 87.4%
Investment in fixed assets (approximation)--€7,171-€10,516-€20,823-€2,145▲ 89.7%
Change in cash--€21,665€20,731-€16,544-€32,778▼ 98.1%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
11-05
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
24-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
21-05
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
26-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
07-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
22-02
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 206 days late
22-02
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 571 days late
2021
31-12
Financial Back to profitnet €11,130
Net result €11,130 after 3 loss-making years.
2019
31-12
Financial Weakest financial yearnet -€43,529
Net result drops to -€43,529, the lowest in the series; recovery starts the following year.
30-08
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
16-05
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
26-04
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.
0 of 7 acts read
About the unread acts

We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
7 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, Liège · 1 establishment unit since 1979
seat establishment The establishment unit on the map
Ground area
3,887 m²
Building footprint
1,867 m²
Volume, LiDAR
4,223 m³
2 parcels, Wallonia · tallest building 15.0 m, ±2 floors. Linked by address, not a title deed.
7 companies at this address See who is registered here
1 establishment unit
Caméra Enfants admis
Rue de Visé 490, 4020 LiègeNACE 91330
since 19792.160.504.556
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62805B0232/00P000 Wallonia 2,397 m² 1 · 1,222 m² -
62113B0817/00N003 Wallonia 1,490 m² 1 · 645 m² 15.0 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Wallonia-Brussels Federation

2021 to 2025 · 71 entries · 1,147,962 EUR in total
Year Entries paid
2025 24 367,504 EUR
2024 10 208,779 EUR
2023 22 375,219 EUR
2022 5 62,000 EUR
2021 10 134,460 EUR
Budget allocations
Show 8 more

Similar companies · same sector, comparable size

Of 1,319 companies in sector 59111 we hold annual accounts for 687. 523 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formNon-profit association
Founded19-12-1979
Fiscal year end31-12
Activities, NACEBEL 2025
59111Production of cinema films
94999Other membership organisations
59112Motion picture, video and television programme production, sound recording and music publishing activities
59113Video and film production, excluding cinema and television films
90111Literary creation
90120Visual arts creation
E-invoicing
Reachable via Peppol
Peppol ID 0208:0421894075
Registered 27-03-2026

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.