CAMERA SAYS NO
ActiveCAMERA SAYS NO has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €51k and a net result of €-13k. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 63% of 956 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
62
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency90▼-8
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 2.69 against 3.19 in 2024; short-term debt: 34.8% and cash: 87.2% of total assets), and 34.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 18
Relative position
BE, all sectors
reference
Sector 18
lower
← 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 2025Solvency, return and age of the figures
Solvency
65.2%
Return on assets
-16.3%
Age of the figures
9 mo
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 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-13k
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 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
23 d early
2023
26 d early
2022
28 d early
2021
30 d early
2020
29 d early
2019
23 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€51k▼ 20.0%
2024 · €64k
2018: €50k
2019: €84k
2020: €84k
2021: €81k
2022: €97k
2023: €93k
2024: €64k
2018 → 2025
Total assets
€78k▼ 10.0%
2024 · €87k
2018: €92k
2019: €128k
2020: €120k
2021: €108k
2022: €136k
2023: €146k
2024: €87k
2018 → 2025
Net result
€-13k▲ 57.3%
2024 · €-30k
2018: €11k
2019: €33k
2020: €149
2021: €-3k
2022: €16k
2023: €-3k
2024: €-30k
2018 → 2025
Working capital
€46k▼ 9.2%
2024 · €51k
2018: €39k
2019: €74k
2020: €77k
2021: €57k
2022: €74k
2023: €75k
2024: €51k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€81k-€97k▲ 19.4%€93k▼ 3.6%€64k▼ 31.9%€51k▼ 20.0%
Operating result€-2k-€21k€-2k€-29k▼ 1,763%€-13k▲ 57.2%
Net result€-3k-€16k€-3k€-30k▼ 762%€-13k▲ 57.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €13k in 2025 against €29k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €78k
Fixed assets
€5k▼ 62.2%
Current assets
€73k▼ 0.8%
Equity and liabilities €78k
Equity
€51k▼ 20.0%
Debt
€27k▲ 17.6%
The debt ratio rises from 26.6% to 34.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-4k▲
2024 · €-21k
Cash flow
€-5k▲
2024 · €-21k
Solvency
65.2%▼
2024 · 73.4%
Current ratio
2.69▼
2024 · 3.19
Quick ratio
2.69▼
2024 · 3.19
Debt / equity
0.53▲
2024 · 0.36
ROE
-25.0%▲
2024 · -46.8%
ROA
-16.3%▲
2024 · -34.3%
Interest coverage
-12.24▲
2024 · -65.47
Debt
€27k▲
2024 · €23k
Debt ≤ 1 year
€27k▲
2024 · €23k
Income taxes
€-177▼
2024 · €184
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€87k€78k▼
Fixed assets21/28€13k€5k▼
Tangible fixed assets22/27€13k€5k▼
Plant, machinery and equipment23€3k€644▼
Furniture and vehicles24€10k€4k▼
Current assets29/58€74k€73k▼
Amounts receivable within one year40/41€5k€5k▼
Other amounts receivable41€5k€5k▼
Cash at bank and in hand54/58€69k€68k▼
Deferred charges and accrued income490/1€297€303▲
Equity and liabilities
Total equity and liabilities10/49€87k€78k▼
Equity10/15€64k€51k▼
Contributions10/11€6k€6k=
Reserves13€87k€87k=
Non-distributable reserves130/1€82k€82k=
Other1319€82k€82k=
Distributable reserves133€6k€6k=
Profit (loss) carried forward14€-30k€-42k▼
Amounts payable17/49€23k€27k▲
Amounts payable within one year42/48€23k€27k▲
Current portion of amounts payable after more than one year42€2k-
Trade debts44€1k€56▼
Suppliers440/4€1k€56▼
Taxes, remuneration and social security45€6k€3k▼
Taxes450/3€6k€3k▼
Other amounts payable47/48€14k€24k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€8k▼
Other operating charges640/8€4k€3k▼
Gross operating margin9900€-17k€-1k▲
Operating profit (loss)9901€-29k€-13k▲
Financial charges65/66B€317€363▲
Recurring financial charges65€317€363▲
Profit (loss) for the period before taxes9903€-30k€-13k▲
Income taxes67/77€184€-177▼
Profit (loss) for the period9904€-30k€-13k▲
Profit (loss) for the period to be appropriated9905€-30k€-13k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-30k€-42k▼
Profit (loss) brought forward from the previous period14P-€-30k
The notes to these accounts (4 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
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-30k
Net result drops to €-30k, the lowest in the series; recovery starts the following year.
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
08-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Highest result since 2018net €33k ▲205%
Operating result €50k, net result €33k, both a record.
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
05-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Antwerpen · 1 establishment unit since 2012
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.
Filomenastraat 22018 AntwerpenGround area
84 m²
Building footprint
69 m²
Volume, LiDAR
594 m³
Parcel 11806F1263/00K007, Flanders · tallest building 12.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
CAMERA SAYS NO
since 20122.206.378.133
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11806F1263/00K007 | Flanders | 84 m² | 1 · 69 m² | 12.3 m · 3 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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TRAITS
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Of 2,855 companies in sector 18130 we hold annual accounts for 831. 687 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-01-2012
Fiscal year end31-12
Activities, NACEBEL
18130Pre-press and pre-media services
18200Printing and reproduction of recorded media
46150Agents in the wholesale of furniture, household goods and hardware
46499Wholesale of other household goods
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.