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Deluxe Belgium

Active Private limited companyfounded 2019active for 6 yearsRue d'Abhooz 31, 4040 HerstalKBO/BCE: BE 0738.723.393 subsidiary of DELUXE UK HOLDINGS LIMITED

Lifetime

6 annual accounts with figures on one time axis
peak €536,675 (2022)
€412,668▼ 21.2%
lowest -€53,656 (2021)
€98,250▼ 22.8%
peak €660,387 (2025)
€660,387▲ 17.5%
€160,156▼ 22.3%
peak 8.7 FTE (2020)
4.4 FTE▼ 21.4%
Board5 names since 2019
2 directorsCyril Raymornd Drabinsky and 1 other
Owners3 names in the annual accounts
Documentsfilings and deeds
01-06-202660 days before the deadline
2025financial year
Gross margin from €523,377 to €412,668Staff from 5.6 FTE to 4.4 FTEPowers of attorney: Marie-Laure Barrau-Sabatini, Florence Col… 29-08Registered office moved from Blegny to Herstal 23-06Equity from €562,137 to €660,387Debts from €206,097 to €160,156

Key points

from the 2025 annual accounts

Equity

€660,387 ▲ 17.5%

Deluxe Belgium has made a profit without a break since 2022.

Turnover

≈ €970,000 estimated

The accounts state no turnover.

Staff

4.4 FTE from 8.7 in 2020

Between 2020 and 2025, 49% of the full-time equivalents disappeared.

Filings

6 annual accounts since 2020
AprilJune31 JulyOctober202020222024

The last five annual accounts were filed 2 to 60 days before the end of the period.

Position in the sector

80.5%

Higher solvency than 85% of companies in film, video and music. Sector median 34.9% · 232 companies.

Checked score

89
Excellent
Financially stronger than 70% of micro companies in film, video and music (NACE 59)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.3% across 2,576 companies (NACE 59, micro).

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025lowest value 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.6%▲ +0.4 percentage points vs 06-2025highest value 08-2025: 0.3%▼ -0.3 percentage points vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.4%▲ +0.1 percentage points vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.3%▼ -0.1 percentage points vs 06-2026 08-2026: 0.3%● unchanged vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026 11-2026: 0.3%● unchanged vs 10-2026

Financial strength
Strong

100+2equity 80.5% of total assets
57-2short-term debt 19.5% · cash 10.6%
84-5return on assets 12.0%

Score breakdown

raises risk
1 change of registered office in 24 months
lowers risk
Figures for financial year 2025 (filed on 03-06-2026)
Sector: Motion picture, video and television programme production, sound recording and music publishing activities (NACE 59)
Liquidity: current ratio 5.08, cash €87,180
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 59, micro). It does better than 89% of them on solvency, 51% on liquidity, 68% on profitability and 71% on growth.

The bankruptcy probability was computed on 08-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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).

Comparable companies, two years later

In July 2024, 26,972 companies had the same profile as Deluxe Belgium has now. Each dot stands for 68 companies, two years later.

94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of Deluxe Belgium itself is lower: 0.3% within 12 months. It rests on far more data about Deluxe Belgium than the profile alone.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 26,972 companies, not a prediction for Deluxe Belgium. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €55,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 5.08 (3.6 in 2024), above the usual 1.5. Short-term debt is 19.5% and cash 10.6% of total assets. 19.5% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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

Signals

Five signals.
lowers riskraises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Figures for financial year 2025 (filed on 03-06-2026)
NBB · annual accounts
lowers risk · Sector: Motion picture, video and television programme production, sound recording and music publishing activities (NACE 59)
KBO
lowers risk · Liquidity: current ratio 5.08, cash €87,180
NBB · annual accounts
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 01-06-2026, 60 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
60 days early
2024
34 days early
2023
42 days early
2022
32 days early
2021
2 days early
2020
5 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 29 days before the deadline. In the sector (NACE 59), the median for financial year 2024 was 2 days before the deadline, and 41% 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 27 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 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

Board and ownership

CR
Director, since 10-11-2021
OM
OBRIEN Michael
Director, since 01-06-2025
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0738723393
Registered office moved from Blegny to Herstal New registered office: Z.I. des Hauts-Sarts, Rue d'Abhooz 31, B-4040 Herstal, Belgique · Previous registered office: Rue de la Princesse Astrid 1, 4671 Blégny, Belgique · Resignation: Michael Gunter (director) · General meeting of 12-05-2025 · Gazette deed
Company renamed from Deluxe ETS Belgium to Deluxe Belgium General meeting of 28-03-2024 · Gazette deed
Share issue · Amendment of the articles Issue of 82,249 shares · General meeting of 24-06-2022 · Gazette deed
All 22 events

Comparable companies

same main activity, similar in size and age
Company
Deluxe Belgium Herstal €0.8m €412,668 80.5% 4.4
Studio Plankton Antwerp €0.8m €493,626 26.9% 6.8
EDISONS Lievegem €0.6m €259,092 14.5% 2.3
The Pack Wallonia Mons €0.6m €543,463 66.0% 8.8
DE WERELDVREDE Ghent €0.8m €561,580 27.0% 3.9
HOUSE OF MEDIA Ghent €0.4m €276,051 -14.2% 3.8
BARDAF Waterloo €1.5m €723,104 51.5% 8.1

These companies have the same main activity as Deluxe Belgium: post-production of films, video and television programmes (NACE 59120). They are comparable in size and age: total assets between €371,000 and €1.5m, founded between 2013 and 2021.

Official details

Source: KBO
Status
Active since 04-12-2019Normal situation
Registered office
47 active companies are registered at this addressSource: KBO register, as of 9 November 2026.
Activity
Post-production of films, video and television programmesNACE 59120and 4 others
Joint committee
227Audiovisual sector · annual accounts 2025
Establishment unit
2.296.511.9194040 Herstal, since 13-12-2019
Financial year end
31 December
Peppol
Reachable since 01-12-2025
Company details

Annual accounts 2025

€820,543▲ 6.8%
Employeeson 31-12-2025
4▼ 20.0%
Filing
Filed on 01-06-2026, 60 days before the end of the filing period
Financials

Insights on Deluxe Belgium

Deluxe Belgium has existed since 2019. In 2022 the gross margin rose from €205,174 to €536,675.

Solvency rose in 2025 from 73.2% to 80.5% because of the retained profit and lower debts.

DELUXE UK HOLDINGS LIMITED holds all the shares.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Deluxe Belgium

What is the company number of Deluxe Belgium?
The company number of Deluxe Belgium is 0738.723.393. The VAT number is the same number with BE in front: BE 0738.723.393.
Where is Deluxe Belgium based?
The registered office is at Rue d'Abhooz 31, 4040 Herstal.Company details
What does Deluxe Belgium do?
According to the KBO register, the main activity is post-production of films, video and television programmes (NACE 59120).
What is the legal form of Deluxe Belgium?
Deluxe Belgium is a private limited company (BV).
When was Deluxe Belgium founded?
Deluxe Belgium was founded on 04-12-2019.
Is Deluxe Belgium still active?
Yes, Deluxe Belgium is an active enterprise in the KBO register.
How many employees does Deluxe Belgium have?
Deluxe Belgium had an average of 4.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Deluxe Belgium fall under?
In its 2025 annual accounts, Deluxe Belgium states joint committee 227 (Audiovisual sector).
What is the turnover of Deluxe Belgium?
The turnover in financial year 2025 is ≈ €970,000. This figure is estimated from the gross margin of €412,668 and 2,275 comparable companies of the same size. It probably lies between €580,000 and €1.6m. It is a rough estimate.
Is Deluxe Belgium profitable?
In financial year 2025, Deluxe Belgium made a profit of €98,250.
Where can I find the annual accounts of Deluxe Belgium?
Deluxe Belgium filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Deluxe Belgium due?
Deluxe Belgium must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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