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CLAIR - OBSCUR Photography

Active
Private limited companyfounded 1992active for 33 yearsScepterstraat 23, 1050 Elsene, BelgiumKBO/BCE: BE 0449.079.118

From the official registers: KBO 33 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The annual accounts of CLAIR - OBSCUR Photography for financial year 2025 show a net loss of 88% of total assets and of 52% of the equity at the start of that year. The 2025 annual accounts show equity of €29,133 and a net result of -€32,067. Equity has been growing by about 20% per year since 2018. Its solvency ranks better than 80% of 1,119 sector peers (NACE 18, financial year 2025). The company has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.3% (low).

Overview

Official details

KBO
Status
Active since 30-12-1992 Normal situation
Activity
Pre-press and pre-media services NACE 18130and 2 others
Establishment unit
2.060.481.027 1040 Etterbeek, since 27-01-1993
Financial year end
31 December
Peppol
Reachable since 01-12-2025

Board and ownership

Board

Financial position

55 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.3%
Annual accounts 2025
Gross margin
-€14,567
▼ 944%
Loss
€32,067
▲ 83.7%
Equity
€29,133
▼ 52.4%
Total assets
€36,577
▼ 55.8%
Turnover not published (micro format)
Filed on 08-06-2026, 53 days before the deadlinePDF
Score breakdownraises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLoss of €32,067, the second in a row (financial year 2025)Sector: Printing and reproduction of recorded media (NACE 18)Liquidity: current ratio 1.52lowers riskFounded in 1992Show the evidence

Checked score

Score 2025
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 46% of micro companies in printing (NACE 18)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Strong
Solvency 100+1
equity 79.6% of total assets
Liquidity 87+7
short-term debt 20.4%
Profitability 0=
return on assets -87.7%
Bankruptcy probability within 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (1,614 companies, NACE 18, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025lowest value 03-2025: 0.1%● unchanged vs 02-2025lowest value 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 1.3%▲ +1.2 percentage points vs 06-2025 08-2025: 1.3%● unchanged vs 07-2025 09-2025: 1.3%● unchanged vs 08-2025 10-2025: 1.3%● unchanged vs 09-2025 11-2025: 1.3%● unchanged vs 10-2025 12-2025: 1.3%● unchanged vs 11-2025 01-2026: 1.3%● unchanged vs 12-2025 02-2026: 1.3%● unchanged vs 01-2026 03-2026: 1.3%● unchanged vs 02-2026 04-2026: 1.3%● unchanged vs 03-2026 05-2026: 1.3%● unchanged vs 04-2026highest value 06-2026: 1.3%● unchanged vs 05-2026 07-2026: 1.3%● unchanged vs 06-2026 08-2026: 1.3%● unchanged vs 07-2026 09-2026: 1.3%● unchanged vs 08-2026 10-2026: 1.3%● unchanged vs 09-2026
Credit of up to €1,500 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is ample, with a current ratio of 1.52 (1.95 in 2024), above the usual 1.5. Short-term debt is 20.4% of total assets. 20.4% of the assets are financed with debt and provisions.
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 18, micro). It does better than 88% of them on solvency, 82% on liquidity, 6% on profitability and 9% on growth.

The bankruptcy probability was computed on 31-10-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Loss of €32,067, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Sector: Printing and reproduction of recorded media (NACE 18)
KBO
raises risk · Liquidity: current ratio 1.52
NBB · annual accounts
lowers risk · Founded in 1992
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€32,067
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-06-2026, 53 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
53 days early
2024
50 days early
2023
47 days early
2022
11 days late
2021
6 days early
2020
19 days late
2019
41 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 12 days before the deadline. In the sector (NACE 18), the median for financial year 2024 was 5 days before the deadline, and 38% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 15 June (4 of the last 5 accounts filed within 40 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower net result than 94% of companies in printingsector median €5,910 · 1,120 companies -€32,067 View
  • Caution: 2 loss-making years in a rowloss in financial year 2025 -€32,067 View

Comparable companies

These companies have the same main activity as CLAIR - OBSCUR Photography: pre-press and pre-media services (NACE 18130). They are comparable in size and age: total assets between €20,500 and €51,800, founded between 1982 and 2001.

CompanyTotal assetsGross margin
CLAIR - OBSCUR Photography Elsene€36,577-€14,567
GENAPPE ENVELOPPE Genappe€39,530-€10,308
CROX Thuin€50,840-€1,755
SERITEX Grez-Doiceau€51,302€1,298
(IN) EXTENSO Jette€51,763-€28,217
S'JONGERS Brussel€24,175-€13,574
CORRECTIONS Brussel€20,482€1,386
Full comparison

Documents

Annual accounts at the NBB

All 33 annual accounts

Articles and registers

Key facts about CLAIR - OBSCUR Photography

What is the company number of CLAIR - OBSCUR Photography?
The company number of CLAIR - OBSCUR Photography is 0449.079.118. The VAT number is the same number with BE in front: BE 0449.079.118.
Where is CLAIR - OBSCUR Photography based?
The registered office is at Scepterstraat 23, 1050 Elsene.Company details
What does CLAIR - OBSCUR Photography do?
According to the KBO register, the main activity is pre-press and pre-media services (NACE 18130).
What is the legal form of CLAIR - OBSCUR Photography?
The legal form of CLAIR - OBSCUR Photography is Private limited company (BV).
When was CLAIR - OBSCUR Photography founded?
CLAIR - OBSCUR Photography was founded on 30-12-1992.
Is CLAIR - OBSCUR Photography still active?
Yes, CLAIR - OBSCUR Photography is an active enterprise in the KBO register.
What is the turnover of CLAIR - OBSCUR Photography?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it. In financial year 2020 turnover was €101,384.Financials
Is CLAIR - OBSCUR Photography profitable?
In financial year 2025, CLAIR - OBSCUR Photography made a loss of €32,067.
Where can I find the annual accounts of CLAIR - OBSCUR Photography?
CLAIR - OBSCUR Photography filed 33 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of CLAIR - OBSCUR Photography due?
CLAIR - OBSCUR Photography must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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