CINEMA
ActiveSummary
CINEMA has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €48,172 and a net result of -€7,652. Equity is shrinking by ~17.8% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability17▼-56
Solvency33▼-1
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity ample (current ratio 58.72 against 68.16 in 2024; short-term debt: 0.2% and cash: 2% of total assets), but 92.5% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
7.5%
Return on assets
-1.2%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 17-03-2026, 44 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
44 d early
2024
72 d early
2023
22 d early
2022
23 d late
2021
45 d early
2020
21 d late
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 20 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 17 March (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€48,172▼ 13.7%
2024 · €55,825
Total assets
€641,832▼ 0.7%
2024 · €646,638
Net result
-€7,652
2024 · €21,989
Working capital
€62,567▼ 2.4%
2024 · €64,133
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€34,269▼ 12.4%-€34,144▲ 0.4%-€24,667▲ 27.8%€20,112-€9,546
Net result-€32,301▼ 12.7%-€32,259▲ 0.1%-€22,716▲ 29.6%€21,989-€7,652
Equity€88,810▼ 26.7%€56,551▼ 36.3%€33,835▼ 40.2%€55,825▲ 65.0%€48,172▼ 13.7%
Total assets€658,981▲ 0.5%€647,385▼ 1.8%€648,694▲ 0.2%€646,638▼ 0.3%€641,832▼ 0.7%
Debt€570,171▲ 6.6%€590,834▲ 3.6%€614,859▲ 4.1%€590,813▼ 3.9%€593,660▲ 0.5%
Working capital€61,448▼ 59.1%€56,923▼ 7.4%€62,392▲ 9.6%€64,133▲ 2.8%€62,567▼ 2.4%
Staff (FTE)
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €9,546 after €20,112 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €641,832
Fixed assets
€578,182 ▼ 0.6%
Current assets
€63,651 ▼ 2.2%
Equity and liabilities €641,832
Equity
€48,172 ▼ 13.7%
Debt
€593,660 ▲ 0.5%
Debt's share of the balance-sheet total rises from 91.4% to 92.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€6,178▼
2024 · €23,401
Cash flow
-€4,284▼
2024 · €25,278
Current ratio
58.72▼
2024 · 68.16
Debt to equity
12.32▲
2024 · 10.58
ROE
-15.9%▼
2024 · 39.4%
ROA
-1.2%▼
2024 · 3.4%
Interest coverage
-98.57▼
2024 · 403.53
Debt ≤ 1 year
€1,084▲
2024 · €955
Debt > 1 year
€591,826▲
2024 · €589,144
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €58,066 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,784 | €2,935 | €2,935 | €3,289 | €3,368 | ▲ 2.4% |
| Other operating charges640/8 | - | €1,877 | €2,133 | €5,516 | €1,040 | ▼ 81.1% |
| Gross operating margin9900 | -€29,439 | -€29,333 | -€19,600 | €28,917 | -€5,138 | ▼ 118% |
| Operating profit (loss)9901 | -€34,269 | -€34,144 | -€24,667 | €20,112 | -€9,546 | ▼ 147% |
| Financial income75/76B | - | €1,970 | €2,050 | €1,936 | €1,957 | ▲ 1.1% |
| Recurring financial income75 | €2,067 | €1,970 | €2,050 | €1,936 | €1,957 | ▲ 1.1% |
| Financial charges65/66B | - | €85 | €98 | €58 | €63 | ▲ 8.1% |
| Recurring financial charges65 | €99 | €85 | €98 | €58 | €63 | ▲ 8.1% |
| Profit (loss) for the period before taxes9903 | -€32,301 | -€32,259 | -€22,716 | €21,989 | -€7,652 | ▼ 135% |
| Profit (loss) for the period9904 | -€32,301 | -€32,259 | -€22,716 | €21,989 | -€7,652 | ▼ 135% |
| Profit (loss) for the period to be appropriated9905 | -€32,301 | -€32,259 | -€22,716 | €21,989 | -€7,652 | ▼ 135% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €658,981 | €647,385 | €648,694 | €646,638 | €641,832 | ▼ 0.7% |
| Fixed assets21/28 | €591,343 | €588,408 | €585,473 | €581,550 | €578,182 | ▼ 0.6% |
| Tangible fixed assets22/27 | €102,990 | €100,055 | €97,120 | €93,197 | €89,829 | ▼ 3.6% |
| Land and buildings22 | - | €100,055 | €97,120 | €92,251 | €89,316 | ▼ 3.2% |
| Furniture and vehicles24 | - | - | - | €946 | €513 | ▼ 45.8% |
| Financial fixed assets28 | €488,353 | €488,353 | €488,353 | €488,353 | €488,353 | = |
| Current assets29/58 | €67,638 | €58,977 | €63,221 | €65,088 | €63,651 | ▼ 2.2% |
| Amounts receivable after more than one year29 | - | €50,858 | €52,908 | €48,654 | €50,205 | ▲ 3.2% |
| Other amounts receivable291 | - | €50,858 | €52,908 | €48,654 | €50,205 | ▲ 3.2% |
| Amounts receivable within one year40/41 | €6,727 | €3,600 | €5,850 | €0 | €406 | - |
| Other amounts receivable41 | - | €3,600 | €5,850 | €0 | €406 | - |
| Cash at bank and in hand54/58 | €11,823 | €4,144 | €4,364 | €16,293 | €12,626 | ▼ 22.5% |
| Deferred charges and accrued income490/1 | - | €375 | €100 | €141 | €414 | ▲ 193% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €658,981 | €647,385 | €648,694 | €646,638 | €641,832 | ▼ 0.7% |
| Equity10/15 | €88,810 | €56,551 | €33,835 | €55,825 | €48,172 | ▼ 13.7% |
| Contributions10/11 | - | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €68,810 | €36,551 | €13,835 | €35,825 | €28,172 | ▼ 21.4% |
| Non-distributable reserves130/1 | - | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Reserves not available under the articles1311 | - | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Distributable reserves133 | - | €34,551 | €11,835 | €33,825 | €26,172 | ▼ 22.6% |
| Amounts payable17/49 | €570,171 | €590,834 | €614,859 | €590,813 | €593,660 | ▲ 0.5% |
| Amounts payable after more than one year17 | €563,981 | €588,781 | €612,720 | €589,144 | €591,826 | ▲ 0.5% |
| Other amounts payable178/9 | - | €588,781 | €612,720 | €589,144 | €591,826 | ▲ 0.5% |
| Amounts payable within one year42/48 | €6,190 | €2,054 | €829 | €955 | €1,084 | ▲ 13.5% |
| Trade debts44 | €5,618 | €1,310 | €520 | €672 | €1,084 | ▲ 61.2% |
| Suppliers440/4 | - | €1,310 | €520 | €672 | €1,084 | ▲ 61.2% |
| Taxes, remuneration and social security45 | - | €396 | €309 | €283 | €0 | ▼ 100% |
| Taxes450/3 | - | €396 | €309 | €283 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | €348 | - | - | - | - |
| Accrued charges and deferred income492/3 | - | - | €1,310 | €714 | €750 | ▲ 5.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€32,301 | -€32,259 | -€22,716 | €21,989 | -€7,652 | ▼ 135% |
| + Depreciation and write-downs630 | €3,784 | €2,935 | €2,935 | €3,289 | €3,368 | ▲ 2.4% |
| Operating cash flow (approximation) | -€28,517 | -€29,324 | -€19,781 | €25,278 | -€4,284 | ▼ 117% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €634 | €0 | ▼ 100% |
| Change in cash | - | -€7,679 | €220 | €11,929 | -€3,667 | ▼ 131% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
17-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Back to profitnet €21,989
Net result €21,989 after 5 loss-making years.
08-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Liquidity triplescurrent ratio 76.29
Current ratio from 28.71 to 76.29; short-term debt falls from €2,054 to €829.
23-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
30-09
Financial
Liquidity triplescurrent ratio 28.71
Current ratio from 10.93 to 28.71; short-term debt falls from €6,190 to €2,054.
16-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Weakest financial yearnet -€32,301
Net result drops to -€32,301, the lowest in the series; recovery starts the following year.
21-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 21 days late
2020
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
28-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
03-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 3 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
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.
Location & real-estate footprint
Registered office, Tournai · 1 establishment unit since 1994
Ground area
3,595 m²
Building footprint
165 m²
Volume, LiDAR
907 m³
Parcel 57073A0189/00S003, Wallonia · tallest building 14.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Cinéma
since 19942.102.901.996
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57073A0189/00S003 | Wallonia | 3,595 m² | 1 · 165 m² | 14.3 m · 2 fl. |
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.
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded25-06-1993
Fiscal year end30-09
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.
If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance
If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.