CAMERA WORK
ActiveSummary
CAMERA WORK has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €706,834 and a net result of €110,061. Equity is growing by ~16.6% per year across the filed fiscal years. Its solvency ranks better than 40% of 1537 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability76=
Solvency61▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50,000 at 30 days acceptable
Liquidity short (current ratio 0.75 against 0.59 in 2024; short-term debt: 11.3% and cash: 7.8% of total assets), and 64.2% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers 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 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 →
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
35.8%
Return on assets
5.6%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 14-04-2026, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 d early
2024
on the day
2023
1 d early
2022
2 d early
2021
1 d early
2020
on the day
2019
1 d early
← 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 3 days before 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 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
26-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€706,834▲ 18.4%
2024 · €596,773
Total assets
€2.0m▲ 0.1%
2024 · €2.0m
Net result
€110,061▼ 7.6%
2024 · €119,084
Working capital
-€56,896▲ 32.5%
2024 · -€84,304
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
Operating result€124,484▲ 64.3%-€1,119€144,696€186,949▲ 29.2%€173,694▼ 7.1%
Net result€80,438▲ 77.8%-€11,152€92,689€119,084▲ 28.5%€110,061▼ 7.6%
Equity€396,153▲ 23.9%€385,001▼ 2.8%€477,690▲ 24.1%€596,773▲ 24.9%€706,834▲ 18.4%
Total assets€669,719▼ 0.7%€1.9m▲ 181%€1.9m▲ 1.6%€2.0m▲ 3.5%€2.0m▲ 0.1%
Debt€273,566▼ 22.9%€1.5m▲ 446%€1.4m▼ 4.2%€1.4m▼ 3.7%€1.3m▼ 7.9%
Working capital-€147,749▲ 8.7%-€92,534▲ 37.4%-€72,158▲ 22.0%-€84,304▼ 16.8%-€56,896▲ 32.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 7% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.0m
Fixed assets
€1.8m ▼ 2.5%
Current assets
€166,721 ▲ 40.0%
Equity and liabilities €2.0m
Equity
€706,834 ▲ 18.4%
Debt
€1.3m ▼ 7.9%
Debt's share of the balance-sheet total falls from 69.8% to 64.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€251,714▼
2024 · €260,817
Cash flow
€188,081▼
2024 · €192,952
Current ratio
0.75▲
2024 · 0.59
Quick ratio
0.72▲
2024 · 0.59
Debt to equity
1.80▼
2024 · 2.31
ROE
15.6%▼
2024 · 20.0%
ROA
5.6%▼
2024 · 6.0%
Interest coverage
24.96▲
2024 · 22.49
Debt ≤ 1 year
€223,617▲
2024 · €203,407
Debt > 1 year
€1.0m▼
2024 · €1.2m
Income taxes
€53,553▼
2024 · €56,906
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €47,030 | €46,572 | €67,370 | €73,868 | €78,020 | ▲ 5.6% |
| Other operating charges640/8 | €21,116 | €149,018 | €43,402 | €29,929 | €27,922 | ▼ 6.7% |
| Gross operating margin9900 | €192,630 | €194,471 | €255,469 | €290,747 | €279,636 | ▼ 3.8% |
| Operating profit (loss)9901 | €124,484 | -€1,119 | €144,696 | €186,949 | €173,694 | ▼ 7.1% |
| Financial income75/76B | €72 | €7 | €15 | €636 | €4 | ▼ 99.3% |
| Recurring financial income75 | €72 | €7 | €15 | €636 | €4 | ▼ 99.3% |
| Financial charges65/66B | €11,081 | €9,339 | €11,389 | €11,595 | €10,085 | ▼ 13.0% |
| Recurring financial charges65 | €11,081 | €9,339 | €11,389 | €11,595 | €10,085 | ▼ 13.0% |
| Profit (loss) for the period before taxes9903 | €113,475 | -€10,452 | €133,321 | €175,990 | €163,614 | ▼ 7.0% |
| Income taxes67/77 | €33,037 | €700 | €40,633 | €56,906 | €53,553 | ▼ 5.9% |
| Profit (loss) for the period9904 | €80,438 | -€11,152 | €92,689 | €119,084 | €110,061 | ▼ 7.6% |
| Profit (loss) for the period to be appropriated9905 | €80,438 | -€11,152 | €92,689 | €119,084 | €110,061 | ▼ 7.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €669,719 | €1.9m | €1.9m | €2.0m | €2.0m | ▲ 0.1% |
| Fixed assets21/28 | €613,045 | €1.8m | €1.8m | €1.9m | €1.8m | ▼ 2.5% |
| Intangible fixed assets21 | - | - | - | - | €2,766 | - |
| Tangible fixed assets22/27 | €610,231 | €1.8m | €1.8m | €1.9m | €1.8m | ▼ 2.6% |
| Land and buildings22 | €597,955 | €1.8m | €1.8m | €1.8m | €1.8m | ▼ 3.6% |
| Plant, machinery and equipment23 | €189 | - | - | €3,447 | €3,615 | ▲ 4.9% |
| Furniture and vehicles24 | €12,088 | €5,737 | €12,497 | €10,611 | €16,157 | ▲ 52.3% |
| Other tangible fixed assets26 | - | - | - | €8,000 | €20,123 | ▲ 152% |
| Financial fixed assets28 | €2,814 | €2,814 | €2,814 | €2,814 | €2,814 | = |
| Current assets29/58 | €56,674 | €39,402 | €61,464 | €119,103 | €166,721 | ▲ 40.0% |
| Stocks and contracts in progress3 | - | - | - | - | €6,379 | - |
| Stocks30/36 | - | - | - | - | €6,379 | - |
| Amounts receivable within one year40/41 | €41 | €2,690 | €0 | €4,528 | €3,022 | ▼ 33.2% |
| Trade receivables40 | - | €2,690 | €0 | €4,500 | €1,125 | ▼ 75.0% |
| Other amounts receivable41 | €41 | - | - | €28 | €1,897 | ▲ 6,767% |
| Cash at bank and in hand54/58 | €52,997 | €31,741 | €57,962 | €110,975 | €154,163 | ▲ 38.9% |
| Deferred charges and accrued income490/1 | €3,637 | €4,971 | €3,502 | €3,601 | €3,156 | ▼ 12.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €669,719 | €1.9m | €1.9m | €2.0m | €2.0m | ▲ 0.1% |
| Equity10/15 | €396,153 | €385,001 | €477,690 | €596,773 | €706,834 | ▲ 18.4% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €334,153 | €334,153 | €415,690 | €534,773 | €644,834 | ▲ 20.6% |
| Non-distributable reserves130/1 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Legal reserve130 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Distributable reserves133 | €327,953 | €327,953 | €409,490 | €528,573 | €638,634 | ▲ 20.8% |
| Profit (loss) carried forward14 | - | -€11,152 | €0 | - | - | - |
| Amounts payable17/49 | €273,566 | €1.5m | €1.4m | €1.4m | €1.3m | ▼ 7.9% |
| Amounts payable after more than one year17 | €69,143 | €1.4m | €1.3m | €1.2m | €1.0m | ▼ 11.2% |
| Financial debts170/4 | €69,143 | €362,748 | €347,271 | €314,488 | €263,233 | ▼ 16.3% |
| Other amounts payable178/9 | - | €1.0m | €950,400 | €860,750 | €780,200 | ▼ 9.4% |
| Amounts payable within one year42/48 | €204,423 | €131,935 | €133,622 | €203,407 | €223,617 | ▲ 9.9% |
| Current portion of amounts payable after more than one year42 | €89,860 | €82,859 | €53,694 | €60,021 | €51,255 | ▼ 14.6% |
| Financial debts43 | €8,842 | €165 | €10,430 | €10,307 | €17,603 | ▲ 70.8% |
| Credit institutions430/8 | €8,842 | €165 | €10,430 | €10,307 | €17,603 | ▲ 70.8% |
| Trade debts44 | €20,629 | €3,119 | €29,437 | €29,911 | €31,522 | ▲ 5.4% |
| Suppliers440/4 | €20,629 | €3,119 | €29,437 | €29,911 | €31,522 | ▲ 5.4% |
| Taxes, remuneration and social security45 | €25,532 | €2,482 | €11,554 | €29,007 | €25,870 | ▼ 10.8% |
| Taxes450/3 | €23,552 | €2,482 | €11,554 | €29,007 | €25,870 | ▼ 10.8% |
| Remuneration and social security454/9 | €1,980 | - | - | - | - | - |
| Other amounts payable47/48 | €59,560 | €43,310 | €28,507 | €74,161 | €97,367 | ▲ 31.3% |
| Accrued charges and deferred income492/3 | - | - | - | - | €2,977 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €80,438 | -€11,152 | €92,689 | €119,084 | €110,061 | ▼ 7.6% |
| + Depreciation and write-downs630 | €47,030 | €46,572 | €67,370 | €73,868 | €78,020 | ▲ 5.6% |
| Operating cash flow (approximation) | €127,468 | €35,420 | €160,059 | €192,952 | €188,081 | ▼ 2.5% |
| Investment in fixed assets (approximation) | - | -€1.3m | -€74,606 | -€82,665 | -€31,845 | ▲ 61.5% |
| Change in cash | - | -€21,256 | €26,221 | €53,013 | €43,188 | ▼ 18.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
14-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Highest result since 2019net €119,084 ▲28.5%
Operating result €186,949, net result €119,084, both a record.
30-09
Financial
Equity above €500,000Eq €596,773 ▲24.9%
2 profitable years in a row build equity to €596,773.
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Back to profitnet €92,689
Net result €92,689 after one loss-making year.
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Weakest financial yearnet -€11,152
Net result drops to -€11,152, the lowest in the series; recovery starts the following year.
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
29-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
03-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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 1985
Ground area
71 m²
Building footprint
71 m²
Volume, LiDAR
1,154 m³
Parcel 11811L3715/00S002, Flanders · tallest building 18.9 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Vlaamsekaai 76 B, 2000 Antwerpen
since 19852.102.488.460
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11811L3715/00S002 | Flanders | 71 m² | 1 · 71 m² | 18.9 m · 6 fl. |
Linked by address, not proof of ownership
Good to know
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 2,583 companies in sector 59113 we hold annual accounts for 703. 316 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded28-12-1984
Fiscal year end30-09
Activities, NACEBEL 2025
59113Video and film production, excluding cinema and television films
90393Specialised image, lighting and sound technical services
Scores and ratios are computed by Checked and are not a credit decision.