CAMERAAD
ActiveCAMERAAD has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €59k and a net result of €-48k. Equity is growing by ~8.8% per year across the filed fiscal years. Its solvency ranks better than 53% of 1505 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
57
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency78▼-20
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity short (current ratio 0.69 against 2.78 in 2024; short-term debt: 37.4% and cash: 24.8% of total assets), and 47.1% 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 · 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
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
52.9%
Return on assets
-43.3%
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 €-48k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
11 d late
2023
37 d early
2022
40 d early
2021
46 d early
2020
40 d early
2019
22 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, micro schema
Equity
€59k▼ 61.5%
2024 · €154k
2018: €88k
2019: €117k
2020: €112k
2021: €122k
2022: €164k
2023: €213k
2024: €154k
2018 → 2025
Total assets
€112k▼ 46.7%
2024 · €210k
2018: €113k
2019: €246k
2020: €210k
2021: €218k
2022: €284k
2023: €288k
2024: €210k
2018 → 2025
Net result
€-48k▲ 18.6%
2024 · €-59k
2018: €46k
2019: €28k
2020: €-5k
2021: €10k
2022: €42k
2023: €49k
2024: €-59k
2018 → 2025
Working capital
€-13k
2024 · €55k
2018: €79k
2019: €108k
2020: €116k
2021: €121k
2022: €82k
2023: €93k
2024: €55k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€122k-€164k▲ 34.3%€213k▲ 30.2%€154k▼ 27.9%€59k▼ 61.5%
Operating result€13k-€56k▲ 318%€74k▲ 32.5%€-57k€-47k▲ 18.7%
Net result€10k-€42k▲ 334%€49k▲ 18.2%€-59k€-48k▲ 18.6%
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 €47k in 2025 against €57k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €112k
Fixed assets
€83k▼ 33.2%
Current assets
€29k▼ 66.2%
Equity and liabilities €112k
Equity
€59k▼ 61.5%
Debt
€53k▼ 6.0%
The debt ratio rises from 26.7% to 47.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-5k▲
2024 · €-14k
Cash flow
€-7k▲
2024 · €-16k
Solvency
52.9%▼
2024 · 73.3%
Current ratio
0.69▼
2024 · 2.78
Quick ratio
0.69▼
2024 · 2.78
Debt / equity
0.89▲
2024 · 0.36
ROE
-81.9%▼
2024 · -38.7%
ROA
-43.3%▼
2024 · -28.4%
Interest coverage
-3.48▲
2024 · -6.47
Debt
€53k▼
2024 · €56k
Debt ≤ 1 year
€42k▲
2024 · €31k
Debt > 1 year
€11k▼
2024 · €25k
Income taxes
€299▼
2024 · €1k
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€210k€112k▼
Fixed assets21/28€124k€83k▼
Tangible fixed assets22/27€124k€83k▼
Plant, machinery and equipment23€59k€38k▼
Furniture and vehicles24€65k€45k▼
Current assets29/58€86k€29k▼
Amounts receivable within one year40/41€39k€797▼
Trade receivables40€409-
Other amounts receivable41€39k€797▼
Cash at bank and in hand54/58€46k€28k▼
Deferred charges and accrued income490/1€14€423▲
Equity and liabilities
Total equity and liabilities10/49€210k€112k▼
Equity10/15€154k€59k▼
Contributions10/11€6k€6k=
Reserves13€177k€131k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€175k€129k▼
Profit (loss) carried forward14€-30k€-78k▼
Amounts payable17/49€56k€53k▼
Amounts payable after more than one year17€25k€11k▼
Financial debts170/4€25k€11k▼
Amounts payable within one year42/48€31k€42k▲
Current portion of amounts payable after more than one year42€22k€14k▼
Trade debts44€204€780▲
Suppliers440/4€204€780▲
Taxes, remuneration and social security45€9k€3k▼
Taxes450/3€9k€3k▼
Other amounts payable47/48-€24k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€43k€41k▼
Other operating charges640/8€4k€2k▼
Gross operating margin9900€-10k€-3k▲
Operating profit (loss)9901€-57k€-47k▲
Financial income75/76B€1k-
Recurring financial income75€1k-
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€-58k€-48k▲
Income taxes67/77€1k€299▼
Profit (loss) for the period9904€-59k€-48k▲
Profit (loss) for the period to be appropriated9905€-59k€-48k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-30k€-78k▼
Profit (loss) brought forward from the previous period14P€30k€-30k▼
Transfer from equity791/2-€46k
Profit to be distributed694/7-€46k
Return on contributions (dividend)694-€46k
The notes to these accounts (5 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
11-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 11 days late
2024
31-12
Financial
Weakest financial yearnet €-59k ▼220%
Net result drops to €-59k, the lowest in the series; recovery starts the following year.
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €49k ▲18.2%
Operating result €74k, net result €49k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 4.34
Current ratio from 1.95 to 4.34; short-term debt falls from €87k to €28k.
31-12
Financial
Equity above €200kEq €213k ▲30.2%
3 profitable years in a row build equity to €213k.
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €150kEq €164k ▲34.3%
2 profitable years in a row build equity to €164k.
15-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
09-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €100kEq €117k ▲31.9%
2 profitable years in a row build equity to €117k.
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
11-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 11 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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 2008
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.
Borsbeeksebrug 62600 AntwerpenGround area
1.1 ha
Building footprint
1,645 m²
Parcel 11302A0095/00P005, Flanders. Linked by address, not a title deed.
1 establishment unit
cameraad
since 20082.176.310.014
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11302A0095/00P005 | Flanders | 1.1 ha | 1 · 1,645 m² | - |
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.
Similar companies · same sector, comparable size
Renson-Pontseel
BE 0451.360.794
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CHOCOLAT-NOISETTE
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IT'S YES
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Gent · Eq €58k
Vinster Media
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BOUNTY & BANANA
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Gent · Eq €58k
Of 1,060 companies in sector 59120 we hold annual accounts for 452. 377 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded17-12-2008
Fiscal year end31-12
Activities, NACEBEL
59120Post-production of films, video and television programmes
Sources
Crossroads Bank for EnterprisesNational Bank · 17 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.