CHECK THE GATE
ActiveCHECK THE GATE has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €33k and a net result of €63k. Equity is shrinking by ~27.3% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 31% of 1513 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency49▲+49
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity tight (current ratio 1.16 against 0.14 in 2024; short-term debt: 75.9% and cash: 72.2% of total assets), and 75.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers 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
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
24.1%
Return on assets
46.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 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
20 d late
2024
14 d late
2023
18 d late
2022
7 d early
2021
23 d late
2020
26 d late
2019
14 d late
← 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
€33k
2024 · €-31k
2018: €41k
2019: €41k
2020: €33k
2021: €27k
2022: €12k
2023: €-11k
2024: €-31k
2018 → 2025
Total assets
€136k▲ 571%
2024 · €20k
2018: €42k
2019: €42k
2020: €86k
2021: €75k
2022: €59k
2023: €36k
2024: €20k
2018 → 2025
Net result
€63k
2024 · €-20k
2018: €2k
2019: €-713
2020: €-8k
2021: €-6k
2022: €-15k
2023: €-23k
2024: €-20k
2018 → 2025
Working capital
€17k
2024 · €-44k
2018: €37k
2019: €37k
2020: €-29k
2021: €-22k
2022: €-25k
2023: €-39k
2024: €-44k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€27k-€12k▼ 56.2%€-11k€-31k▼ 177%€33k
Operating result€-6k-€-15k▼ 157%€-23k▼ 51.7%€-19k▲ 14.7%€91k
Net result€-6k-€-15k▼ 148%€-23k▼ 50.8%€-20k▲ 14.5%€63k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €91k after a loss of €19k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €136k
Fixed assets
€16k▲ 18.9%
Current assets
€120k▲ 1,611%
Equity and liabilities €136k
Equity
€33k
Debt
€103k
Debt finances 75.9% of the balance-sheet total.
Key figures and ratios
EBITDA
€102k▲
2024 · €-5k
Cash flow
€74k▲
2024 · €-5k
Solvency
24.1%▲
2024 · -151.6%
Current ratio
1.16▲
2024 · 0.14
Quick ratio
1.16▲
2024 · 0.14
Debt / equity
3.15▲
2024 · -1.66
ROE
193.8%
ROA
46.7%▲
2024 · -96.9%
Interest coverage
439.45▲
2024 · -27.86
Debt
€103k▲
2024 · €51k
Debt ≤ 1 year
€103k▲
2024 · €51k
Income taxes
€27k▲
2024 · €86
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€20k€136k▲
Fixed assets21/28€13k€16k▲
Tangible fixed assets22/27€13k€16k▲
Plant, machinery and equipment23-€6k
Furniture and vehicles24€4k€10k▲
Leasing and similar rights25€9k-
Current assets29/58€7k€120k▲
Amounts receivable within one year40/41€978€22k▲
Trade receivables40-€21k
Other amounts receivable41€978€667▼
Cash at bank and in hand54/58€6k€98k▲
Equity and liabilities
Total equity and liabilities10/49€20k€136k▲
Equity10/15€-31k€33k▲
Contributions10/11€6k€6k=
Reserves13€2k€26k▲
Distributable reserves133€2k€26k▲
Profit (loss) carried forward14€-39k-
Amounts payable17/49€51k€103k▲
Amounts payable within one year42/48€51k€103k▲
Trade debts44€198€5k▲
Suppliers440/4€198€5k▲
Taxes, remuneration and social security45€86€27k▲
Taxes450/3€86€27k▲
Other amounts payable47/48€51k€71k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€11k▼
Other operating charges640/8€387€400▲
Gross operating margin9900€-4k€102k▲
Operating profit (loss)9901€-19k€91k▲
Financial charges65/66B€171€232▲
Recurring financial charges65€171€232▲
Profit (loss) for the period before taxes9903€-19k€91k▲
Income taxes67/77€86€27k▲
Profit (loss) for the period9904€-20k€63k▲
Profit (loss) for the period to be appropriated9905€-20k€63k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-39k€25k▲
Profit (loss) brought forward from the previous period14P€-19k€-39k▼
Transfer to equity691/2-€25k
To other reserves6921-€25k
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
20-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 20 days late
2025
31-12
Financial
Back to profitnet €63k
Net result €63k after 6 loss-making years.
31-12
Financial
Liquidity times 8current ratio 1.16
Current ratio from 0.14 to 1.16.
14-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 14 days late
2024
18-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 18 days late
2023
31-12
Financial
Weakest financial yearnet €-23k
Net result drops to €-23k, the lowest in the series; recovery starts the following year.
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
14-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 14 days late
2019
24-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 24 days late
2018
13-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 13 days late
2017
26-07
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
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
28-06-2025
Resigned as Director
Location & real-estate footprint
Registered office, Kraainem · 1 establishment unit since 2006
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.
Ligusterslaan 441950 KraainemGround area
603 m²
Building footprint
115 m²
Volume, LiDAR
1,006 m³
Parcel 22002C0007/00X008, Flanders · tallest building 12.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Ligusterslaan 44, 1950 Kraainem
since 20062.157.442.623
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22002C0007/00X008 | Flanders | 603 m² | 1 · 115 m² | 12.4 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.
Recognitions · licences · registrations
Legal Entity Identifier
8755002UZZRO06HTKG35
Similar companies · same sector, comparable size
LUC SERRAS VIDEO - PRODUCTIES
BE 0442.661.775
Willebroek · Eq €33k
BASELINE PRODUCTIONS
BE 0471.439.992
Antwerpen · Eq €33k
Third Man Films
BE 1020.905.501
Namur · Eq €33k
BAILLY PRODUCTION
BE 0718.777.027
Braine-le-Château · Eq €33k
ANONYMES FILMS
BE 0886.519.622
Sint-Gillis (bij-Brussel) · Eq €33k
Of 1,323 companies in sector 59111 we hold annual accounts for 688. 523 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-11-2006
Fiscal year end31-12
Activities, NACEBEL
59111Production of cinema films
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 19 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.