DIGITAL GRAPHICS STUDIO
BankruptcyThe KBO register records for DIGITAL GRAPHICS STUDIO the legal situation: open bankruptcy (code 050); this is today's state according to the register itself, which carries no start date. The 2021 annual accounts show equity of €162k and a net result of €-38k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 03-08-2022, 3 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
3 d late
2020
31 d late
2019
7 d early
← before the deadline
after the deadline →
Financials · fiscal year 2021, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-38k
2020 · €168k
2019: €25k
2020: €168k
2019 → 2021
Working capital
€-209k▼ 27.9%
2020 · €-163k
2019: €-260k
2020: €-163k
2019 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201920202021Trend
Equity€31k-€199k▲ 542%€162k▼ 18.8%
Operating result€41k-€232k▲ 472%€-31k
Net result€25k-€168k▲ 577%€-38k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2021: a loss of €31k after €232k in 2020, the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €1.07M
Fixed assets
€370k▼ 2.5%
Current assets
€699k▲ 33.9%
Equity and liabilities €1.07M
Equity
€162k▼ 18.8%
Debt
€908k▲ 29.1%
The debt ratio rises from 77.9% to 84.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€152k▼
2020 · €346k
Cash flow
€145k▼
2020 · €282k
Solvency
15.1%▼
2020 · 22.1%
Current ratio
0.77▲
2020 · 0.76
Quick ratio
0.77▲
2020 · 0.76
Debt / equity
5.62▲
2020 · 0.09
ROE
-23.2%▼
2020 · 84.4%
ROA
-3.5%▼
2020 · 18.6%
Interest coverage
23.83
Debt
€908k▲
2020 · €703k
Debt ≤ 1 year
€908k▲
2020 · €686k
Staff costs
€1.07M
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 · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€902k€1.07M▲
Fixed assets21/28€380k€370k▼
Tangible fixed assets22/27€380k€368k▼
Plant, machinery and equipment23-€243k
Furniture and vehicles24-€121k
Other tangible fixed assets26-€4k
Financial fixed assets28€474€2k▲
Current assets29/58€522k€699k▲
Amounts receivable within one year40/41€499k€571k▲
Trade receivables40-€101k
Other amounts receivable41-€470k
Cash at bank and in hand54/58€22k€126k▲
Deferred charges and accrued income490/1-€2k
Equity and liabilities
Total equity and liabilities10/49€902k€1.07M▲
Equity10/15€199k€162k▼
Contributions10/11-€6k
Profit (loss) carried forward14€193k€155k▼
Amounts payable17/49€703k€908k▲
Amounts payable after more than one year17€17k-
Amounts payable within one year42/48€686k€908k▲
Current portion of amounts payable after more than one year42-€17k
Trade debts44€448k€433k▼
Suppliers440/4-€433k
Advances received on contracts in progress46-€17k
Taxes, remuneration and social security45-€423k
Taxes450/3-€240k
Remuneration and social security454/9-€184k
Other amounts payable47/48-€17k
Income statement
Code20202021
Remuneration, social security and pensions62-€1.07M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€114k€183k▲
Other operating charges640/8-€2k
Gross operating margin9900€546k€1.22M▲
Operating profit (loss)9901€232k€-31k▼
Financial income75/76B-€4
Recurring financial income75€0€4▲
Financial charges65/66B-€6k
Recurring financial charges65€12k€6k▼
Profit (loss) for the period before taxes9903€220k€-38k▼
Income taxes67/77€52k-
Profit (loss) for the period9904€168k€-38k▼
Profit (loss) for the period to be appropriated9905€168k€-38k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€155k
Profit (loss) brought forward from the previous period14P-€193k
Social balance
Average headcount (FTE)9087-26.7
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2022
03-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 3 days late
2021
31-12
Financial
Weakest financial yearnet €-38k ▼122%
Net result drops to €-38k, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
31-12
Financial
Highest result since 2019net €168k ▲577%
Operating result €232k, net result €168k, both a record.
31-12
Financial
Equity above €150kEq €199k ▲542%
2 profitable years in a row build equity to €199k.
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Ans · 1 establishment unit since 2018
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.
Rue de l'Abbaye 474432 AnsGround area
931 m²
Building footprint
259 m²
Parcel 62001B0988/00P000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue de l'Abbaye 47, 4432 Ans
since 20182.281.095.451
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62001B0988/00P000 ProtectedSite or landscape |
Wallonia | 931 m² | 1 · 259 m² | - |
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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
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Of 1,325 companies in sector 59111 we hold annual accounts for 688. 474 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded25-10-2018
Fiscal year end31-12
Activities, NACEBEL
59111Production of cinema films
59130Motion picture, video and television programme production, sound recording and music publishing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 3 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.