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CAMERAAD

Active
Private limited company (pre-2019)founded 2008active for 17 yearsBorsbeeksebrug 6, 2600 Antwerpen, BelgiumKBO/BCE: BE 0808.681.872

From the official registers: KBO 17 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

CAMERAAD has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €59,083 and a net result of -€48,373. Equity is growing by about 8.8% per year across the filed financial years. Its solvency ranks better than 54% of 1,859 sector peers (NACE 59, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Financials · financial year 2025, micro format

2025 annual accounts filed late (31 days) 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, 2026-00471287.

Latest annual accounts filed

Annual accounts 2025

View at the NBB
Financial year ended
31-12-2025
Filed on
31-08-2026
Format
micro format
Reference
2026-00471287
Equity
€59,083▼ 61.5%
2024 · €153,596
Total assets
€111,715▼ 46.7%
2024 · €209,566
Net result
-€48,373▲ 18.6%
2024 · -€59,450
Working capital
-€12,774
2024 · €54,810
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result stays negative: a loss of €46,526 in 2025 against €57,259 in 2024; the loss shrinks.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€46,526 2025 Net result-€48,373 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 59, Motion picture, video and television programme production, sound recording and music publishing activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€66,040-€41,156▼ 37.7%-€2,125€13,403€56,030▲ 318%€74,242▲ 32.5%-€57,259-€46,526▲ 18.7%
Net result€46,140-€28,232▼ 38.8%-€4,556within the sector's middle half€9,643within the sector's middle half€41,824above the sector's middle half▲ 334%€49,445above the sector's middle half▲ 18.2%-€59,450below the sector's middle half-€48,373below the sector's middle half▲ 18.6%
Equity€88,458-€116,690▲ 31.9%€112,134above the sector's middle half▼ 3.9%€121,777above the sector's middle half▲ 8.6%€163,601above the sector's middle half▲ 34.3%€213,046above the sector's middle half▲ 30.2%€153,596above the sector's middle half▼ 27.9%€59,083within the sector's middle half▼ 61.5%
Total assets€112,905-€246,049▲ 118%€209,957within the sector's middle half▼ 14.7%€218,332within the sector's middle half▲ 4.0%€284,245above the sector's middle half▲ 30.2%€287,950above the sector's middle half▲ 1.3%€209,566within the sector's middle half▼ 27.2%€111,715within the sector's middle half▼ 46.7%
Debt€24,447-€129,359▲ 429%€97,823▼ 24.4%€96,555▼ 1.3%€120,644▲ 24.9%€74,904▼ 37.9%€55,970▼ 25.3%€52,632▼ 6.0%
Working capital€79,473-€108,253▲ 36.2%€116,322above the sector's middle half▲ 7.5%€120,880above the sector's middle half▲ 3.9%€82,259above the sector's middle half▼ 31.9%€92,864above the sector's middle half▲ 12.9%€54,810within the sector's middle half▼ 41.0%-€12,774below the sector's middle half
Solvency78.3%-47.4%▼ 30.9pp53.4%within the sector's middle half▲ 6.0pp55.8%within the sector's middle half▲ 2.4pp57.6%within the sector's middle half▲ 1.8pp74.0%above the sector's middle half▲ 16.4pp73.3%within the sector's middle half▼ 0.7pp52.9%within the sector's middle half▼ 20.4pp
Current ratio5.92-2.97▼ 2.954.17above the sector's middle half▲ 1.203.47within the sector's middle half▼ 0.701.95within the sector's middle half▼ 1.524.34above the sector's middle half▲ 2.392.78within the sector's middle half▼ 1.560.69below the sector's middle half▼ 2.08
Return on assets (ROA)40.9%-11.5%▼ 29.4pp-2.2%within the sector's middle half▼ 13.6pp4.4%within the sector's middle half▲ 6.6pp14.7%within the sector's middle half▲ 10.3pp17.2%within the sector's middle half▲ 2.5pp-28.4%below the sector's middle half▼ 45.5pp-43.3%below the sector's middle half▼ 14.9pp
above within below the middle half of NACE 59, Motion picture, video and television programme production, sound recording and music publishing activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €111,715
Fixed assets €82,742 ▼ 33.2%
Current assets €28,973 ▼ 66.2%
Equity and liabilities €111,715
Equity €59,083 ▼ 61.5%
Debt €52,632 ▼ 6.0%
Debt's share of the balance-sheet total rises from 26.7% to 47.1%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€5,389▲
2024 · -€13,863
Cash flow
-€7,236▲
2024 · -€16,055
Debt to equity
0.89▲
2024 · 0.36
ROE
-81.9%▼
2024 · -38.7%
Interest coverage
-3.48▲
2024 · -6.47
Debt ≤ 1 year
€41,747▲
2024 · €30,877
Debt > 1 year
€10,885▼
2024 · €25,093
Income taxes
€299▼
2024 · €1,087
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 4,805 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 88.2% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
2.0% went bankrupt
9.8% stopped otherwise
88.2% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 4,805 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 · 46 lines

Source: Annual accounts 2025 at the NBB, filed with the National Bank on 31-08-2026.

Balance sheet Code20242025
Assets
Total assets20/58€209,566€111,715▼
Fixed assets21/28€123,878€82,742▼
Tangible fixed assets22/27€123,878€82,742▼
Plant, machinery and equipment23€58,606€38,154▼
Furniture and vehicles24€65,273€44,588▼
Current assets29/58€85,687€28,973▼
Amounts receivable within one year40/41€39,364€797▼
Trade receivables40€409-
Other amounts receivable41€38,955€797▼
Cash at bank and in hand54/58€46,310€27,753▼
Deferred charges and accrued income490/1€14€423▲
Equity and liabilities
Total equity and liabilities10/49€209,566€111,715▼
Equity10/15€153,596€59,083▼
Contributions10/11€6,200€6,200=
Reserves13€177,144€131,004▼
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Distributable reserves133€175,284€129,144▼
Profit (loss) carried forward14-€29,748-€78,121▼
Amounts payable17/49€55,970€52,632▼
Amounts payable after more than one year17€25,093€10,885▼
Financial debts170/4€25,093€10,885▼
Amounts payable within one year42/48€30,877€41,747▲
Current portion of amounts payable after more than one year42€22,000€14,208▼
Trade debts44€204€780▲
Suppliers440/4€204€780▲
Taxes, remuneration and social security45€8,674€2,606▼
Taxes450/3€8,674€2,606▼
Other amounts payable47/48-€24,153
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€43,396€41,137▼
Other operating charges640/8€3,585€2,247▼
Gross operating margin9900-€10,279-€3,142▲
Operating profit (loss)9901-€57,259-€46,526▲
Financial income75/76B€1,039-
Recurring financial income75€1,039-
Financial charges65/66B€2,143€1,548▼
Recurring financial charges65€2,143€1,548▼
Profit (loss) for the period before taxes9903-€58,363-€48,073▲
Income taxes67/77€1,087€299▼
Profit (loss) for the period9904-€59,450-€48,373▲
Profit (loss) for the period to be appropriated9905-€59,450-€48,373▲
Appropriation of the result
Profit (loss) to be appropriated9906-€29,748-€78,121▼
Profit (loss) brought forward from the previous period14P€29,702-€29,748▼
Transfer from equity791/2-€46,140
Profit to be distributed694/7-€46,140
Return on contributions (dividend)694-€46,140

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are in the accounts filed with the National Bank.

Line20182019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,359€23,641€25,900€19,961€24,175€53,923€43,396€41,137▼ 5.2%
Other operating charges640/8---€3,162€1,569€2,708€3,585€2,247▼ 37.3%
Gross operating margin9900€61,582€68,817€29,880€36,525€81,775€130,873-€10,279-€3,142▲ 69.4%
Operating profit (loss)9901€66,040€41,156-€2,125€13,403€56,030€74,242-€57,259-€46,526▲ 18.7%
Financial income75/76B---€535--€1,039--
Recurring financial income75€672--€535--€1,039--
Financial charges65/66B---€2,268€1,602€2,352€2,143€1,548▼ 27.8%
Recurring financial charges65€1,212€5,181€2,131€2,268€1,602€2,352€2,143€1,548▼ 27.8%
Profit (loss) for the period before taxes9903€65,500€35,975-€4,256€11,670€54,428€71,890-€58,363-€48,073▲ 17.6%
Income taxes67/77€19,360€7,743€300€2,027€12,605€22,444€1,087€299▼ 72.5%
Profit (loss) for the period9904€46,140€28,232-€4,556€9,643€41,824€49,445-€59,450-€48,373▲ 18.6%
Profit (loss) for the period to be appropriated9905€46,140€28,232-€4,556€9,643€41,824€49,445-€59,450-€48,373▲ 18.6%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€112,905€246,049€209,957€218,332€284,245€287,950€209,566€111,715▼ 46.7%
Fixed assets21/28€17,270€82,825€56,926€48,531€115,289€167,274€123,878€82,742▼ 33.2%
Tangible fixed assets22/27€17,270€82,825€56,926€48,531€115,289€167,274€123,878€82,742▼ 33.2%
Plant, machinery and equipment23---€37,937€107,009€81,317€58,606€38,154▼ 34.9%
Furniture and vehicles24---€10,593€8,280€85,957€65,273€44,588▼ 31.7%
Current assets29/58€95,634€163,224€153,032€169,802€168,956€120,676€85,687€28,973▼ 66.2%
Amounts receivable within one year40/41€41,774€33,399€10,609€6,787€35,114€35,113€39,364€797▼ 98.0%
Trade receivables40---€813€32,718€7,622€409--
Other amounts receivable41---€5,973€2,395€27,491€38,955€797▼ 98.0%
Cash at bank and in hand54/58€53,001€129,825€142,422€163,015€124,167€76,580€46,310€27,753▼ 40.1%
Deferred charges and accrued income490/1----€9,675€8,982€14€423▲ 31×
Equity and liabilities
Total equity and liabilities10/49€112,905€246,049€209,957€218,332€284,245€287,950€209,566€111,715▼ 46.7%
Equity10/15€88,458€116,690€112,134€121,777€163,601€213,046€153,596€59,083▼ 61.5%
Contributions10/11€6,200€6,200€6,200€6,200€6,200€6,200€6,200€6,200=
Reserves13€48,000€76,232€76,232€85,875€127,698€177,144€177,144€131,004▼ 26.0%
Non-distributable reserves130/1---€1,860€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311---€1,860€1,860€1,860€1,860€1,860=
Distributable reserves133---€84,015€125,838€175,284€175,284€129,144▼ 26.3%
Profit (loss) carried forward14€34,258€34,258€29,702€29,702€29,702€29,702-€29,748-€78,121▼ 163%
Amounts payable17/49€24,447€129,359€97,823€96,555€120,644€74,904€55,970€52,632▼ 6.0%
Amounts payable after more than one year17€8,285€74,389€61,113€47,634€33,948€47,093€25,093€10,885▼ 56.6%
Financial debts170/4---€47,634€33,948€47,093€25,093€10,885▼ 56.6%
Amounts payable within one year42/48€16,161€54,970€36,710€48,921€86,697€27,811€30,877€41,747▲ 35.2%
Current portion of amounts payable after more than one year42---€13,479€13,686€21,430€22,000€14,208▼ 35.4%
Trade debts44€1,278€10,515€3,510€708€1,984€2,311€204€780▲ 283%
Suppliers440/4---€708€1,984€2,311€204€780▲ 283%
Taxes, remuneration and social security45---€10,980€8,163€4,071€8,674€2,606▼ 70.0%
Taxes450/3---€10,980€8,163€4,071€8,674€2,606▼ 70.0%
Other amounts payable47/48---€23,753€62,864--€24,153-
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€46,140€28,232-€4,556€9,643€41,824€49,445-€59,450-€48,373▲ 18.6%
+ Depreciation and write-downs630€9,359€23,641€25,900€19,961€24,175€53,923€43,396€41,137▼ 5.2%
Operating cash flow (approximation)€55,499€51,872€21,344€29,604€65,999€103,368-€16,055-€7,236▲ 54.9%
Investment in fixed assets (approximation)--€89,196€0-€11,566-€90,934-€105,908€0€0-
Change in cash-€76,824€12,597€20,593-€38,848-€47,587-€30,271-€18,556▲ 38.7%

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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Latest 10 of 17 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 31-08-2026 2026-00471287 NBB
31-12-2024 micro format 11-08-2025 2025-00369383 PDF
31-12-2023 micro format 24-06-2024 2024-00160492 PDF
31-12-2022 micro format 21-06-2023 2023-00149482 PDF
31-12-2021 micro format 15-06-2022 2022-20068216 PDF
31-12-2020 micro format 21-06-2021 2021-21900601 PDF
31-12-2019 micro format 09-07-2020 2020-28400241 PDF
31-12-2018 micro format 20-06-2019 2019-20600594 PDF
31-12-2017 micro format 20-06-2018 2018-21200005 PDF
31-12-2016 micro format 11-08-2017 2017-43500313 PDF

Show all 17 filings

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Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.