CUT !
ActiveCUT ! has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-87k) and a net result of €-20k. Equity is shrinking by ~38.5% per year across the filed fiscal years. Its solvency ranks better than 14% of 1509 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
33
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability13▼-1
Solvency5▼-5
Growth58=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.19 against 0.22 in 2024; short-term debt: 120% and cash: 17.3% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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 →
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
-20%
Return on assets
-4.6%
Age of the figures
9 mo
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 · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-87k
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 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 d early
2024
5 d early
2023
44 d early
2022
30 d late
2021
30 d late
2020
21 d late
2019
24 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-87k▼ 30.0%
2024 · €-67k
2018: €70k
2019: €44k
2020: €29k
2021: €-151k
2022: €-49k
2023: €-49k
2024: €-67k
2018 → 2025
Total assets
€434k▼ 4.0%
2024 · €452k
2018: €113k
2019: €83k
2020: €66k
2021: €159k
2022: €489k
2023: €471k
2024: €452k
2018 → 2025
Net result
€-20k▼ 13.3%
2024 · €-18k
2018: €-32k
2019: €-27k
2020: €-15k
2021: €-180k
2022: €103k
2023: €-292
2024: €-18k
2018 → 2025
Working capital
€-424k▼ 5.1%
2024 · €-403k
2018: €60k
2019: €43k
2020: €27k
2021: €-151k
2022: €-391k
2023: €-386k
2024: €-403k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-151k-€-49k▲ 67.8%€-49k▼ 0.6%€-67k▼ 36.1%€-87k▼ 30.0%
Operating result€-180k-€103k€301▼ 99.7%€-17k€-19k▼ 7.7%
Net result€-180k-€103k€-292€-18k▼ 5,965%€-20k▼ 13.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €19k in 2025 against €17k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €434k
Fixed assets
€337k▲ 0.2%
Current assets
€96k▼ 16.2%
Key figures and ratios
EBITDA
€-18k▼
2024 · €-17k
Cash flow
€-19k▼
2024 · €-17k
Solvency
-20.0%▼
2024 · -14.8%
Current ratio
0.19▼
2024 · 0.22
Quick ratio
0.17▼
2024 · 0.21
Debt / equity
-6.00▲
2024 · -7.77
ROA
-4.6%▼
2024 · -3.9%
Interest coverage
-75.01▼
2024 · -67.46
Debt
€520k▲
2024 · €518k
Debt ≤ 1 year
€520k▲
2024 · €518k
Income taxes
€1k▲
2024 · €229
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€452k€434k▼
Fixed assets21/28€337k€337k▲
Intangible fixed assets21€335k€335k=
Tangible fixed assets22/27€1k€2k▲
Furniture and vehicles24€1k€2k▲
Current assets29/58€115k€96k▼
Stocks and contracts in progress3€9k€9k=
Stocks30/36€9k€9k=
Amounts receivable within one year40/41€3k€13k▲
Trade receivables40€148€2k▲
Other amounts receivable41€3k€11k▲
Cash at bank and in hand54/58€103k€75k▼
Deferred charges and accrued income490/1€127€128▲
Equity and liabilities
Total equity and liabilities10/49€452k€434k▼
Equity10/15€-67k€-87k▼
Contributions10/11€12k€12k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-81k€-101k▼
Amounts payable17/49€518k€520k▲
Amounts payable within one year42/48€518k€520k▲
Trade debts44€95€2k▲
Suppliers440/4€95€2k▲
Taxes, remuneration and social security45€222€222=
Taxes450/3€222€222=
Other amounts payable47/48€518k€519k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€667€759▲
Other operating charges640/8€899€928▲
Gross operating margin9900€-16k€-17k▼
Operating profit (loss)9901€-17k€-19k▼
Financial income75/76B€23€25▲
Recurring financial income75€23€25▲
Financial charges65/66B€246€237▼
Recurring financial charges65€246€237▼
Profit (loss) for the period before taxes9903€-17k€-19k▼
Income taxes67/77€229€1k▲
Profit (loss) for the period9904€-18k€-20k▼
Profit (loss) for the period to be appropriated9905€-18k€-20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-81k€-101k▼
Profit (loss) brought forward from the previous period14P€-63k€-81k▼
The notes to these accounts (6 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
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
26-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Back to profitnet €103k
Net result €103k after 4 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Weakest financial yearnet €-180k
Net result drops to €-180k, the lowest in the series; recovery starts the following year.
21-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 21 days late
2020
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 24 days late
2019
10-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 41 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Ukkel · 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.
Landhuisjesstraat 251180 UkkelGround area
137 m²
Building footprint
140 m²
Volume, LiDAR
1,169 m³
Parcel 21016B0194/00M026, Brussels · tallest building 12.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
CUT ]
since 20062.152.083.174
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21016B0194/00M026 | Brussels | 137 m² | 1 · 140 m² | 12.3 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.
Public money · subsidies and aid
Wallonia-Brussels Federation
2025 · 2 entries · 40,000 EUR in total| Year | Entries | paid |
|---|---|---|
| 2025 | 2 | 40,000 EUR |
Similar companies · same sector, comparable size
The Bear
BE 0804.780.294
Antwerpen · Eq €29k
Mandrin
BE 1014.159.843
Leuven · Eq €29k
VOLLEMAAN
BE 1000.115.530
Halen · Eq €28k
HIVRON
BE 0449.339.236
Etterbeek · Eq €30k
KING LOU
BE 0500.975.306
Affligem · Eq €30k
Of 520 companies in sector 59114 we hold annual accounts for 245. 162 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-02-2006
Fiscal year end31-12
Activities, NACEBEL
59114Motion picture, video and television programme production, sound recording and music publishing activities
71112Activities of interior architects
74201Photography, excluding press photography
74811
80424
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.