Focuscue
ActiveSummary
The computed 12-month bankruptcy probability of Focuscue is 1.7% (moderate). The 2025 annual accounts show negative equity (-€5,516) and a net result of -€3,458. Equity is shrinking by about 174% per year across the filed financial years. Its solvency ranks better than 5% of 2,460 sector peers (NACE 90, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Financials · financial year 2025, micro format
2023 to 2025, 3 financial years
The operating result stays negative: a loss of €3,266 in 2025 against €3,525 in 2024; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 90, Arts creation and performing arts activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital.
Peer companies
Historical observationOf the 7,639 companies that looked in July 2024 the way this one looks now, 8.8% went bankrupt within 24 months and 84.8% are still going.
- Micro
- 2 to 5 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 1.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 7,639 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €129 | - |
| Other operating charges640/8 | - | €118 | €210 | ▲ 78.0% |
| Gross operating margin9900 | -€3,293 | -€3,407 | -€2,927 | ▲ 14.1% |
| Operating profit (loss)9901 | -€3,293 | -€3,525 | -€3,266 | ▲ 7.4% |
| Financial income75/76B | - | €0 | - | - |
| Recurring financial income75 | - | €0 | - | - |
| Financial charges65/66B | €74 | €167 | €192 | ▲ 15.3% |
| Recurring financial charges65 | €74 | €167 | €192 | ▲ 15.3% |
| Profit (loss) for the period before taxes9903 | -€3,367 | -€3,692 | -€3,458 | ▲ 6.3% |
| Profit (loss) for the period9904 | -€3,367 | -€3,692 | -€3,458 | ▲ 6.3% |
| Profit (loss) for the period to be appropriated9905 | -€3,367 | -€3,692 | -€3,458 | ▲ 6.3% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €4,558 | €1,763 | €2,012 | ▲ 14.1% |
| Fixed assets21/28 | - | - | €1,440 | - |
| Tangible fixed assets22/27 | - | - | €1,440 | - |
| Furniture and vehicles24 | - | - | €1,440 | - |
| Current assets29/58 | €4,558 | €1,763 | €571 | ▼ 67.6% |
| Amounts receivable within one year40/41 | - | €280 | €529 | ▲ 89.0% |
| Other amounts receivable41 | - | €280 | €529 | ▲ 89.0% |
| Cash at bank and in hand54/58 | €4,558 | €1,321 | €5 | ▼ 99.6% |
| Deferred charges and accrued income490/1 | - | €162 | €37 | ▼ 77.0% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €4,558 | €1,763 | €2,012 | ▲ 14.1% |
| Equity10/15 | €1,633 | -€2,058 | -€5,516 | ▼ 168% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | -€3,367 | -€7,058 | -€10,516 | ▼ 49.0% |
| Amounts payable17/49 | €2,925 | €3,821 | €7,528 | ▲ 97.0% |
| Amounts payable within one year42/48 | €2,925 | €3,821 | €7,528 | ▲ 97.0% |
| Trade debts44 | €314 | €586 | €553 | ▼ 5.5% |
| Suppliers440/4 | €314 | €586 | €553 | ▼ 5.5% |
| Taxes, remuneration and social security45 | €34 | - | - | - |
| Taxes450/3 | €34 | - | - | - |
| Other amounts payable47/48 | €2,576 | €3,236 | €6,975 | ▲ 116% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€3,367 | -€3,692 | -€3,458 | ▲ 6.3% |
| + Depreciation and write-downs630 | - | - | €129 | - |
| Operating cash flow (approximation) | -€3,367 | -€3,692 | -€3,329 | ▲ 9.8% |
| Change in cash | - | -€3,237 | -€1,316 | ▲ 59.4% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (3)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 28-06-2026 | 2026-00208198 |
| 31-12-2024 | micro format | 17-07-2025 | 2025-00284456 |
| 31-12-2023 | micro format | 30-08-2024 | 2024-00423661 |
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.