Turnover
≈ €120,000 estimated
The micro format states no turnover.
Chasing Light
Overview
Lifetime
1 annual account with figurespeak €40,701 (2025)
€40,701
peak €31,401 (2025)
€31,401
peak €34,401 (2025)
€34,401
€30,427
Board1 name since 2024
1 directorSWINNEN Wim
Documentsfilings and deeds
28-08-202628 days late
2025micro format
First year with figures
Key points
from the 2025 annual accountsStarting capital
€3,000 100 shares
Position in the sector
€31,401
Higher net result than 80% of companies in creative and performing arts. Sector median €6,291 · 2,483 companies.
2025 accounts filed 28 days after the deadline
Checked score
97
Excellent
Financially stronger than 77% of micro companies in creative and performing arts (NACE 90)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 3,433 companies (NACE 90, micro).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
01-2026: 0.4%
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.5%▲ +0.1 percentage points vs 02-2026
04-2026: 0.9%▲ +0.4 percentage points vs 03-2026
05-2026: 0.9%● unchanged vs 04-2026
06-2026: 1.0%▲ +0.1 percentage points vs 05-2026
07-2026: 1.0%● unchanged vs 06-2026
08-2026: 1.1%▲ +0.1 percentage points vs 07-2026highest value
09-2026: 0.1%▼ -1.0 percentage point vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
1 change of registered office in 24 months
lowers risk
Sector: Arts creation and performing arts activities (NACE 90)
Liquidity: current ratio 4.74, cash €30,051
Equity €34,401 (53.1% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 90, micro). It does better than 55% of them on solvency, 85% on liquidity and 91% on profitability.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 11,279 companies had the same profile as Chasing Light has now. Each dot stands for 29 companies, two years later.
96.6%
were still trading
2.6%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of Chasing Light itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 11,279 companies, not a prediction for Chasing Light. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €3,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.74, above the usual 1.5. Short-term debt is 19.2% and cash 46.4% of total assets. 46.9% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Young company
Founded in 2024, a year ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation dateAge against the risk zone
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filingDeviation from the deadline
2025
28 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Registered office moved from Tessenderlo-Ham to Destelbergen
New registered office: Burgstraat 44, 9070 Destelbergen · Previous registered office: Sparrenweg 71, 3980 Tessenderlo-Ham · General meeting of 07-11-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1017808033
Incorporation
Founding capital of €3,000, 100 shares · Founder: SWINNEN Wim · Appointment: SWINNEN Wim (director) · published on 27-12-2024 · Gazette deed
First establishment
Burgstraat 44, Destelbergen
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Chasing Light Destelbergen | €64,827 | €40,701 | 53.1% | - |
| ONYX SOUND PRODUCTION Aalst | €57,430 | €43,292 | 66.2% | - |
| ECHO STRIDENT Charleroi | €62,426 | €40,536 | 50.7% | - |
| EDK-Tech Opwijk | €62,028 | €39,403 | 47.2% | - |
| POINTSOURCE Herent | €59,093 | €48,291 | 69.9% | - |
| Lumipas Brecht | €66,085 | €49,677 | 62.8% | - |
| Allworld Kortrijk | €54,402 | €44,257 | 63.6% | - |
These companies have the same main activity as Chasing Light: specialised image, lighting and sound technical services (NACE 90393). They are comparable in size and age: total assets between €54,400 and €66,100, founded in 2024.
Official details
Source: KBO- Status
- Active since 23-12-2024Normal situation
- Activity
- Specialised image, lighting and sound technical servicesNACE 90393and 4 others
- Establishment unit
- 2.368.200.0659070 Destelbergen, since 23-12-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 18-03-2025
Insights on Chasing Light
Chasing Light has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €34,401 and a net result of €31,401.
Its solvency ranks better than 53% of 2,487 sector peers (NACE 90, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 28-08-2026, 28 days late€40,701
€40,097
€31,401
€46,530
53.1%
4.74
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €120,000. Estimated: probably between €67,000 and €190,000.
Balance sheet
balance sheet total €64,827 on 31-12-2025What the company ownsHow it is paid for
Position in the sector
53.1%
Higher than 53% of 2,487 companies in 2025.
4.74
Higher than 78% of 2,350 companies in 2025.
48.4%
Higher than 93% of 2,395 companies in 2025.
Chasing Light
Middle half of the sector
80% of the sector
Micro accounts in creative and performing arts (NACE 90)
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
64,827 | |
21/28 |
5,871 | |
22/27 |
5,809 | |
22 |
757 | |
23 |
1,247 | |
24 |
3,805 | |
28 |
62 | |
29/58 |
58,957 | |
40/41 |
28,906 | |
40 |
28,777 | |
41 |
129 | |
54/58 |
30,051 | |
| Balance sheet: equity and liabilities | ||
10/49 |
64,827 | |
10/15 |
34,401 | |
10/11 |
3,000 | |
14 |
31,401 | |
17/49 |
30,427 | |
17 |
18,000 | |
170/4 |
18,000 | |
42/48 |
12,427 | |
43 |
498 | |
430/8 |
498 | |
44 |
900 | |
440/4 |
900 | |
45 |
10,410 | |
450/3 |
10,410 | |
47/48 |
618 | |
| Income statement | ||
9900 |
40,701 | |
630 |
80 | |
640/8 |
524 | |
9901 |
40,097 | |
75/76B |
4 | |
75 |
4 | |
65/66B |
102 | |
65 |
102 | |
9903 |
39,999 | |
67/77 |
8,599 | |
9904 |
31,401 | |
9905 |
31,401 | |
| Appropriation of the result | ||
9906 |
31,401 | |
| Document | ||
The notes to these accounts have 11 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 28-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 28 days after the deadline. Filed on 28 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00439263.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 28-08-2026 | 2026-00439263 |
Subsidies and aid
Flemish government 2025, 1 entry, €99 awarded, €99 paid
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| 40,177 | ||
| 31,480 | ||
| 5,983 | ||
| 46,530 | ||
| 53.1% | ||
| 4.74 | ||
| 0.88 | ||
| 91.3% | ||
| 48.4% | ||
| over 100 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 |
|---|---|
| Tangible fixed assets | €5,922 |
| Financial fixed assets | €62 |
| €80 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Insights on Chasing Light
Debt's share of the balance-sheet total is 46.9%.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
appointed by deed of 27-12-2024
term without a fixed end
listed in the 2025 annual accounts, filed on 28-08-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 27-12-2024
Mandates through the years
1 name, the dashed line is todaySWINNEN Wim
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- SWINNEN Wim
- Director (not named in the articles), appointed by deed of 27-12-2024, still in office
Control
Capital
- Contribution
- €3,000
- Shares
- 100
- Contribution per share
- €30
- Equity per share
- €344 in 2025
- Source
- deed of 27-12-2024
Articles of association
deed of 27-12-2024 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- “Indien de vennootschap door meer dan één bestuurders wordt bestuurd, mag iedere bestuurder, alleen optredend, alle handelingen stellen die…”
Shareholders
At incorporation
deed of 27-12-2024 ↗
- SWINNEN Wim 100 shares (100%) · €3,000
Network & group
No group
Chasing Light has no parent and no holdings in its annual accounts. SWINNEN Wim is the only director. Chasing Light shares no director with another company.
Timeline
Timeline
5 events since 2024Filings
Establishments
Address
202420252026
2026
Annual accounts 2025 filed NBBmicro format · 28 days late
Registered office moved from Tessenderlo-Ham to DestelbergenNew registered office: Burgstraat 44, 9070 Destelbergen · Previous registered office: Sparrenweg 71, 3980 Tessenderlo-Ham · General meeting of 07-11-20252 points ▸
- General meeting, 07-11-2025
- Registered-office move, Burgstraat 44, 9070 Destelbergen
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:1017808033
2024
IncorporationFounding capital of €3,000, 100 shares · Founder: SWINNEN Wim · Appointment: SWINNEN Wim (director) · published on 27-12-20244 points ▸
- Founder, SWINNEN Wim
- Founding capital, €3,000, 100 shares
- Board rule, 1
- Director appointment, SWINNEN Wim (director (not named in the articles))
- The deed holds 1 more point.
First establishment Burgstraat 44, Destelbergen
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Chasing Light was incorporated on 23 December 2024 as a private limited company by one natural person, with a starting capital of €3,000.12 The registered office was moved to Destelbergen in 2026.3 SWINNEN Wim is director of the company, appointed by deed of 27-12-2024.2
Company details
Identity
- Enterprise number
- 1017.808.033
- VAT number
- BE 1017.808.033
- Peppol ID
- 0208:1017808033
- Other Peppol ID
- 9925:BE1017808033
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 23-12-2024
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- “Indien de vennootschap door meer dan één bestuurders wordt bestuurd, mag iedere bestuurder, alleen optredend, alle handelingen stellen die…”deed of 27-12-2024 (in Dutch)
- Peppol
- Reachable since 18-03-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- Chasing Light in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 27-12-2024 (in Dutch)
Activities
NACEBEL 202590393
Specialised image, lighting and sound technical services main activity
Codes under NACEBEL 2008
90023
Arts creation and performing arts activities main activity
59120
Post-production of films, video and television programmes
59209
Motion picture, video and television programme production, sound recording and music publishing activities
77399
Renting and leasing of other machinery, equipment and tangible goods
90029
Arts creation and performing arts activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Organisatie evenementen; Eventmanager; Standenbouw; Electrotechniek; Verhuur licht - geluidsmateriaal; Duik technieken (specialisatie…”deed of 27-12-2024 (in Dutch)
19 activities
- Organisatie evenementen
- Eventmanager
- Standenbouw
- Electrotechniek
- Verhuur licht - geluidsmateriaal
- Duik technieken (specialisatie onderwateropnamen)
- Installatie van al dan niet verplaatsbare tussenwanden, bekleding van wanden, plafonds, enz. in hout of kunststof
- Detailhandel in verlichtingsartikelen
- Productie van bioscoopfilms
- Productie van televisiefilms
- Productie van films, m.u.v. bioscoop- en televisiefilms
- Productie van televisieprogramma's
- Activiteiten in verband met films en video- en televisieprogramma's na de productie
- Maken van geluidsopnamen
- Verhuur en lease van andere machines en werktuigen en andere materiële goederen
- Gespecialiseerde beeld-, verlichtings- en geluidstechnieken
- Overige ondersteunende activiteiten voor de uitvoerende kunsten
- Scheppende kunsten, m.u.v. ondersteunende diensten
- Overige persoonlijke diensten
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Burgstraat 44 registered office 9070 Destelbergen | 23-12-2024 | 2.368.200.065 |
1 former office
- Sparrenweg 71, 3980 Tessenderlo-Ham until 07-11-2025 · deed of 05-03-2026
Buildings and parcels at the address
- Ground area
- 611 m²
- Buildings
- 188 m²
- Volume, LiDAR
- 532 m³
- Tallest building
- 4.4 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 44333H0090/00H002 | 611 m² | 1 · 188 m² | 4.4 m · 1 |