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CINEDIVING

Active
Private limited companyfounded 200025 yrs activeFabrieksstraat 81, 1800 Vilvoorde, BelgiumKBO/BCE: BE 0473.401.174
Summary

CINEDIVING has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €51,578 and a net result of €8,952. Equity remains stable across the filed fiscal years (±0.5% per year). Its solvency ranks better than 40% of 1540 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability53▲+6
Solvency61▼-39
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days acceptable
Liquidity ample (current ratio 1.56 against 4.84 in 2024; short-term debt: 64.2% and cash: 41.6% of total assets), but 64.2% of the assets are financed with debt.
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Signals

Four 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
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 · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 25 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
35.8%
Return on assets
6.2%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
20 d late
2024
106 d early
2023
166 d early
2022
110 d early
2021
95 d early
2020
23 d early
2019
28 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 73 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

CINEDIVING was incorporated on 1 December 2000.1 Total assets rose from EUR 54,116 in 2019 to EUR 144,234 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, micro schema

Equity
€51,578▲ 0.9%
2024 · €51,126
Total assets
€144,234▲ 124%
2024 · €64,449
Net result
€8,952▲ 260%
2024 · €2,485
Working capital
€51,578▲ 0.9%
2024 · €51,126
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 59, Motion picture, video and television programme production, sound recording and music publishing activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€3,046-€530▲ 82.6%-€716▼ 35.1%€2,747€9,290▲ 238%
Net result-€3,411below the sector's middle half-€794within the sector's middle half▲ 76.7%-€962within the sector's middle half▼ 21.1%€2,485within the sector's middle half€8,952within the sector's middle half▲ 260%
Equity€50,396within the sector's middle half▼ 6.3%€49,602within the sector's middle half▼ 1.6%€48,641within the sector's middle half▼ 1.9%€51,126within the sector's middle half▲ 5.1%€51,578within the sector's middle half▲ 0.9%
Total assets€53,719within the sector's middle half▼ 15.6%€50,772within the sector's middle half▼ 5.5%€49,675within the sector's middle half▼ 2.2%€64,449within the sector's middle half▲ 29.7%€144,234within the sector's middle half▲ 124%
Debt€3,323▼ 66.3%€1,170▼ 64.8%€1,035▼ 11.6%€13,323▲ 1,188%€92,656▲ 595%
Working capital€50,396▼ 6.3%€49,602▼ 1.6%€48,641▼ 1.9%€51,126▲ 5.1%€51,578▲ 0.9%
Solvency93.8%above the sector's middle half▲ 9.3pp97.7%above the sector's middle half▲ 3.9pp97.9%above the sector's middle half▲ 0.2pp79.3%above the sector's middle half▼ 18.6pp35.8%within the sector's middle half▼ 43.6pp
above within below the middle half (P25 to P75) of NACE 59, Motion picture, video and television programme production, sound recording and music publishing activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€5,000€0€5,000€10,000Operating result 2021: -€3,046-€3,046Net result 2021: -€3,411-€3,411Operating result 2022: -€530-€530Net result 2022: -€794-€794Operating result 2023: -€716-€716Net result 2023: -€962-€962Operating result 2024: €2,747€2,747Net result 2024: €2,485€2,485Operating result 2025: €9,290€9,290Net result 2025: €8,952€8,95220212022202320242025-€5,000€0€5,000€10,000Operating result 2023: -€716-€716Net result 2023: -€962-€962Operating result 2024: €2,747€2,750Net result 2024: €2,485€2,490Operating result 2025: €9,290€9,290Net result 2025: €8,952€8,950202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 238% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €144,234
Equity €51,578 ▲ 0.9%
Debt €92,656 ▲ 595%
Debt's share of the balance-sheet total rises from 20.7% to 64.2%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
Current ratio
1.56▼
2024 · 4.84
Debt to equity
1.80▲
2024 · 0.26
ROE
17.4%▲
2024 · 4.9%
ROA
6.2%▲
2024 · 3.9%
Debt ≤ 1 year
€92,656▲
2024 · €13,323
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 31,324 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.4% went bankrupt
5.9% stopped otherwise
93% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 31,324 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 · 29 lines
Balance sheet Code20242025
Assets
Total assets20/58€64,449€144,234▲
Current assets29/58€64,449€144,234▲
Amounts receivable within one year40/41€63,647€84,174▲
Trade receivables40-€21,944
Other amounts receivable41€63,647€62,230▼
Cash at bank and in hand54/58€802€60,060▲
Equity and liabilities
Total equity and liabilities10/49€64,449€144,234▲
Equity10/15€51,126€51,578▲
Contributions10/11€6,200€6,200=
Profit (loss) carried forward14€44,926€45,378▲
Amounts payable17/49€13,323€92,656▲
Amounts payable within one year42/48€13,323€92,656▲
Trade debts44€12,500€972▼
Suppliers440/4€12,500€972▼
Advances received on contracts in progress46-€82,361
Other amounts payable47/48€823€9,323▲
Income statement Code20242025
Other operating charges640/8€512€525▲
Gross operating margin9900€3,259€9,815▲
Operating profit (loss)9901€2,747€9,290▲
Financial charges65/66B€262€338▲
Recurring financial charges65€262€338▲
Profit (loss) for the period before taxes9903€2,485€8,952▲
Profit (loss) for the period9904€2,485€8,952▲
Profit (loss) for the period to be appropriated9905€2,485€8,952▲
Appropriation of the result
Profit (loss) to be appropriated9906€42,926€53,878▲
Profit (loss) brought forward from the previous period14P€40,441€44,926▲
Transfer from equity791/2€2,000-
Profit to be distributed694/7-€8,500
Directors or managers695-€8,500

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Other operating charges640/8€473€473€509€512€525▲ 2.4%
Gross operating margin9900-€2,573-€57-€206€3,259€9,815▲ 201%
Operating profit (loss)9901-€3,046-€530-€716€2,747€9,290▲ 238%
Financial charges65/66B€366€265€246€262€338▲ 29.1%
Recurring financial charges65€366€265€246€262€338▲ 29.1%
Profit (loss) for the period before taxes9903-€3,411-€794-€962€2,485€8,952▲ 260%
Profit (loss) for the period9904-€3,411-€794-€962€2,485€8,952▲ 260%
Profit (loss) for the period to be appropriated9905-€3,411-€794-€962€2,485€8,952▲ 260%
Line20212022202320242025Change
Assets
Total assets20/58€53,719€50,772€49,675€64,449€144,234▲ 124%
Current assets29/58€53,719€50,772€49,675€64,449€144,234▲ 124%
Amounts receivable within one year40/41€53,529€50,719€49,019€63,647€84,174▲ 32.3%
Trade receivables40----€21,944-
Other amounts receivable41€53,529€50,719€49,019€63,647€62,230▼ 2.2%
Cash at bank and in hand54/58€190€53€656€802€60,060▲ 7,390%
Equity and liabilities
Total equity and liabilities10/49€53,719€50,772€49,675€64,449€144,234▲ 124%
Equity10/15€50,396€49,602€48,641€51,126€51,578▲ 0.9%
Contributions10/11€6,200€6,200€6,200€6,200€6,200=
Reserves13€2,000€2,000€2,000---
Non-distributable reserves130/1€2,000-----
Reserves not available under the articles1311€2,000-----
Distributable reserves133-€2,000€2,000---
Profit (loss) carried forward14€42,196€41,402€40,441€44,926€45,378▲ 1.0%
Amounts payable17/49€3,323€1,170€1,035€13,323€92,656▲ 595%
Amounts payable within one year42/48€3,323€1,170€1,035€13,323€92,656▲ 595%
Trade debts44€2,500€348€212€12,500€972▼ 92.2%
Suppliers440/4€2,500€348€212€12,500€972▼ 92.2%
Advances received on contracts in progress46----€82,361-
Other amounts payable47/48€823€823€823€823€9,323▲ 1,033%
Line20212022202320242025Change
Profit (loss) for the period9904-€3,411-€794-€962€2,485€8,952▲ 260%
Operating cash flow (approximation)-€3,411-€794-€962€2,485€8,952▲ 260%
Change in cash--€137€603€146€59,258▲ 40,574%

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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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
20-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 20 days late
2025
16-04
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Back to profitnet €2,485
Net result €2,485 after 3 loss-making years.
16-02
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
12-04
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Liquidity triplescurrent ratio 43.39
Current ratio from 16.17 to 43.39; short-term debt falls from €3,323 to €1,170.
27-04
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Weakest financial yearnet -€3,411
Net result drops to -€3,411, the lowest in the series; recovery starts the following year.
31-12
Financial Liquidity triplescurrent ratio 16.17
Current ratio from 6.46 to 16.17; short-term debt falls from €9,848 to €3,323.
08-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Back to profitnet €10,183
Net result €10,183 after one loss-making year.
03-01
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2018
18-09
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
25-09
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2016
26-08
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 5 acts read
About the unread acts

We know of 5 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
5 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, Vilvoorde · 1 establishment unit since 2001
seat establishment The establishment unit on the map
Ground area
1.8 ha
Building footprint
6,491 m²
Volume, LiDAR
8 m³
Parcel 23644H0344/00A000, Flanders · tallest building 0.8 m. Linked by address, not a title deed.
5 companies at this address See who is registered here
1 establishment unit
Fabrieksstraat 81, 1800 Vilvoorde
Video and film production, excluding cinema and television films
since 20012.095.356.683
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23644H0344/00A000 Flanders 1.8 ha 1 · 6,491 m² 0.8 m
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.

Similar companies · same sector, comparable size

Of 2,582 companies in sector 59113 we hold annual accounts for 702. 559 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded01-12-2000
Fiscal year end31-12
Activities, NACEBEL 2025
59113Video and film production, excluding cinema and television films
59120Post-production of films, video and television programmes
E-invoicing
Reachable via Peppol
Peppol ID 0208:0473401174
Also 9925:BE0473401174
Registered 11-10-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.