FOLIOSCOPE
ActiveSummary
FOLIOSCOPE has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €17k and a net result of €14k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 22% of 2003 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability75▲+40
Solvency35▲+9
Growth32=
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 1.64 against 2.03 in 2024; short-term debt: 59.7% and cash: 54.8% of total assets), but 89.8% of the assets are financed with debt.
Credit check 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 90
Relative position
BE, all sectors
reference
Arts creation and performing arts activities (NACE 90)
about 58% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
10.2%
Return on assets
8.4%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 2003 sector peers (2025).
NBB · sector comparisonPosition among 2003 sector peers
Solvency
better than 22%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €17k
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 11-06-2026, 50 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
50 d early
2024
27 d late
2023
44 d late
2022
125 d early
2021
123 d early
2020
32 d early
2019
39 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€14k▲ 1,331%
2024 · €967
2018: €17k
2019: €-38k▼ -322% vs 2018
2020: €15k▲ +138% vs 2019
2021: €127k▲ +772% vs 2020highest in 8 years
2022: €-122k▼ -196% vs 2021lowest in 8 years
2023: €1k▲ +101% vs 2022
2024: €967▼ -17.4% vs 2023
2025: €14k▲ +1331% vs 2024
2018 → 2025
Working capital
€62k▼ 53.4%
2024 · €134k
2018: €51klowest in 8 years
2019: €104k▲ +105% vs 2018
2020: €159k▲ +52.3% vs 2019
2021: €209k▲ +31.3% vs 2020highest in 8 years
2022: €180k▼ -13.7% vs 2021
2023: €110k▼ -39.0% vs 2022
2024: €134k▲ +22.1% vs 2023
2025: €62k▼ -53.4% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€122k-€786▼ 99.4%€2k▲ 149%€3k▲ 49.4%€17k▲ 473%
2021: €122khighest in 5 years
2022: €786▼ -99.4% vs 2021lowest in 5 years
2023: €2k▲ +149% vs 2022
2024: €3k▲ +49.4% vs 2023
2025: €17k▲ +473% vs 2024
Operating result€128k-€-118k€4k€5k▲ 18.1%€17k▲ 244%
2021: €128khighest in 5 years
2022: €-118k▼ -192% vs 2021lowest in 5 years
2023: €4k▲ +104% vs 2022
2024: €5k▲ +18.1% vs 2023
2025: €17k▲ +244% vs 2024
Net result€127k-€-122k€1k€967▼ 17.4%€14k▲ 1,331%
2021: €127khighest in 5 years
2022: €-122k▼ -196% vs 2021lowest in 5 years
2023: €1k▲ +101% vs 2022
2024: €967▼ -17.4% vs 2023
2025: €14k▲ +1331% vs 2024
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 244% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €164k
Fixed assets
€4k ▲ 15.5%
Current assets
€160k ▼ 39.2%
Equity and liabilities €164k
Equity
€17k ▲ 473%
Provisions
€36k =
Debt
€111k ▼ 51.2%
Debt's share of the balance-sheet total falls from 85.5% to 68.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€19k▲
2024 · €8k
Cash flow
€16k▲
2024 · €4k
Current ratio
1.64▼
2024 · 2.03
Debt to equity
6.65▼
2024 · 78.09
ROE
82.6%▲
2024 · 33.1%
ROA
8.4%▲
2024 · 0.4%
Interest coverage
5.53▲
2024 · 1.85
Debt ≤ 1 year
€98k▼
2024 · €130k
Income taxes
€5
Staff costs
€324k▲
2024 · €299k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€267k€164k▼
Fixed assets21/28€3k€4k▲
Tangible fixed assets22/27€3k€4k▲
Plant, machinery and equipment23€2k€4k▲
Furniture and vehicles24€843€0▼
Current assets29/58€264k€160k▼
Amounts receivable within one year40/41€138k€63k▼
Trade receivables40€4k€9k▲
Other amounts receivable41€134k€54k▼
Cash at bank and in hand54/58€122k€90k▼
Deferred charges and accrued income490/1€4k€7k▲
Equity and liabilities
Total equity and liabilities10/49€267k€164k▼
Equity10/15€3k€17k▲
Profit (loss) carried forward14€3k€17k▲
Provisions and deferred taxes16€36k€36k=
Provisions for liabilities and charges160/5€36k€36k=
Pensions and similar obligations160€36k-
Other liabilities and charges164/5-€36k
Amounts payable17/49€228k€111k▼
Amounts payable within one year42/48€130k€98k▼
Trade debts44€88k€64k▼
Suppliers440/4€88k€64k▼
Advances received on contracts in progress46€3k€2k▼
Taxes, remuneration and social security45€38k€32k▼
Taxes450/3€3k€3k▼
Remuneration and social security454/9€35k€29k▼
Accrued charges and deferred income492/3€98k€14k▼
Income statement
Code20242025
Remuneration, social security and pensions62€299k€324k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€2k▼
Other operating charges640/8€539€335▼
Non-recurring operating charges66A-€128
Gross operating margin9900€307k€344k▲
Operating profit (loss)9901€5k€17k▲
Financial income75/76B€219€414▲
Recurring financial income75€219€414▲
Financial charges65/66B€4k€4k▼
Recurring financial charges65€4k€4k▼
Profit (loss) for the period before taxes9903€967€14k▲
Income taxes67/77-€5
Profit (loss) for the period9904€967€14k▲
Profit (loss) for the period to be appropriated9905€967€14k▲
Appropriation of the result
Profit (loss) to be appropriated9906€3k€17k▲
Profit (loss) brought forward from the previous period14P€2k€3k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €396 | - | - | - | - |
| Remuneration, social security and pensions62 | - | €242k | €287k | €299k | €324k | ▲ 8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7k | €6k | €4k | €3k | €2k | ▼ 10.8% |
| Other operating charges640/8 | - | €3k | €3k | €539 | €335 | ▼ 37.8% |
| Non-recurring operating charges66A | - | - | - | - | €128 | - |
| Gross operating margin9900 | €384k | €133k | €298k | €307k | €344k | ▲ 11.9% |
| Operating profit (loss)9901 | €128k | €-118k | €4k | €5k | €17k | ▲ 244% |
| Financial income75/76B | - | €890 | €24 | €219 | €414 | ▲ 88.8% |
| Recurring financial income75 | €160 | €890 | €24 | €219 | €414 | ▲ 88.8% |
| Financial charges65/66B | - | €5k | €3k | €4k | €4k | ▼ 15.8% |
| Recurring financial charges65 | €2k | €5k | €3k | €4k | €4k | ▼ 15.8% |
| Profit (loss) for the period before taxes9903 | €127k | €-122k | €1k | €967 | €14k | ▲ 1,331% |
| Income taxes67/77 | - | - | - | - | €5 | - |
| Profit (loss) for the period9904 | €127k | €-122k | €1k | €967 | €14k | ▲ 1,331% |
| Profit (loss) for the period to be appropriated9905 | €127k | €-122k | €1k | €967 | €14k | ▲ 1,331% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €289k | €336k | €194k | €267k | €164k | ▼ 38.6% |
| Fixed assets21/28 | €10k | €6k | €3k | €3k | €4k | ▲ 15.5% |
| Tangible fixed assets22/27 | €10k | €6k | €3k | €3k | €4k | ▲ 15.5% |
| Plant, machinery and equipment23 | - | €4k | €827 | €2k | €4k | ▲ 58.4% |
| Furniture and vehicles24 | - | €3k | €2k | €843 | €0 | ▼ 100% |
| Current assets29/58 | €279k | €329k | €192k | €264k | €160k | ▼ 39.2% |
| Amounts receivable within one year40/41 | €68k | €234k | €78k | €138k | €63k | ▼ 53.9% |
| Trade receivables40 | - | €704 | €14k | €4k | €9k | ▲ 129% |
| Other amounts receivable41 | - | €233k | €65k | €134k | €54k | ▼ 59.3% |
| Cash at bank and in hand54/58 | €184k | €67k | €89k | €122k | €90k | ▼ 26.3% |
| Deferred charges and accrued income490/1 | - | €29k | €25k | €4k | €7k | ▲ 69.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €289k | €336k | €194k | €267k | €164k | ▼ 38.6% |
| Equity10/15 | €122k | €786 | €2k | €3k | €17k | ▲ 473% |
| Profit (loss) carried forward14 | €122k | €786 | €2k | €3k | €17k | ▲ 473% |
| Provisions and deferred taxes16 | €36k | €36k | €36k | €36k | €36k | = |
| Provisions for liabilities and charges160/5 | - | €36k | €36k | €36k | €36k | = |
| Pensions and similar obligations160 | - | €36k | €36k | €36k | - | - |
| Other liabilities and charges164/5 | - | - | - | - | €36k | - |
| Amounts payable17/49 | €130k | €299k | €156k | €228k | €111k | ▼ 51.2% |
| Amounts payable within one year42/48 | €70k | €150k | €82k | €130k | €98k | ▼ 24.5% |
| Trade debts44 | €40k | €114k | €45k | €88k | €64k | ▼ 27.7% |
| Suppliers440/4 | - | €114k | €45k | €88k | €64k | ▼ 27.7% |
| Advances received on contracts in progress46 | - | €1k | €1k | €3k | €2k | ▼ 41.5% |
| Taxes, remuneration and social security45 | - | €34k | €36k | €38k | €32k | ▼ 15.8% |
| Taxes450/3 | - | €2k | €227 | €3k | €3k | ▼ 15.5% |
| Remuneration and social security454/9 | - | €31k | €35k | €35k | €29k | ▼ 15.8% |
| Accrued charges and deferred income492/3 | - | €150k | €75k | €98k | €14k | ▼ 86.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €127k | €-122k | €1k | €967 | €14k | ▲ 1,331% |
| + Depreciation and write-downs630 | €7k | €6k | €4k | €3k | €2k | ▼ 10.8% |
| Operating cash flow (approximation) | €134k | €-116k | €5k | €4k | €16k | ▲ 333% |
| Investment in fixed assets (approximation) | - | €-2k | €0 | €-3k | €-3k | ▲ 12.4% |
| Change in cash | - | €-118k | €22k | €33k | €-32k | ▼ 196% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-08
State Gazette act
Appointments: Christelle Coopman, Morgan Di Salvia and 3 others6 facts ▸
State Gazette act
Appointments: Christelle Coopman, Morgan Di Salvia and 3 others
6 facts ▸
- General meeting, 22/04/2026
- Director appointment, Christelle Coopman (chair)
- Director appointment, Morgan Di Salvia (treasurer)
- Director appointment, Frédéric Dirickx (secretary)
- Director appointment, Dorien Schetz (director)
- Director appointment, Vincent Tavier (director)
11-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
13-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 44 days late
2023
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
28-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-122k
Net result drops to €-122k, the lowest in the series; recovery starts the following year.
30-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €127k ▲772%
Operating result €128k, net result €127k, both a record.
31-12
Financial
Equity above €100kEq €122k
2 profitable years in a row build equity to €122k.
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
Show earlier events
08-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 39 days late
2019
06-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
15-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 76 days late
2017
20-10
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 81 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.An act published in both Dutch and French appears here once.
2 of 14 acts read
About the unread acts
Of the 14 Belgian State Gazette acts we know for this company, 2 have been read. The other 12 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
under verification, last change in 2026
This board is reconstructed from a single act (26102695). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Christelle Coopman
CurrentChair · since 22-04-2026
Dorien Schetz
CurrentDirector · since 22-04-2026
Frédéric Dirickx
CurrentSecretary · since 22-04-2026
Morgan Di Salvia
CurrentTreasurer · since 22-04-2026
Vincent Tavier
CurrentDirector · since 22-04-2026
22-04-2026
Christelle Coopman: Appointed as Chair
22-04-2026
Christelle Coopman: Mandate renewed as Chair
22-04-2026
Dorien Schetz: Appointed as Director
22-04-2026
Dorien Schetz: Mandate renewed as Director
22-04-2026
Frédéric Dirickx: Appointed as Secretary
Not every act has been read: a resignation may be missing here
12 of this company's 14 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2008
Ground area
203 m²
Building footprint
178 m²
Volume, LiDAR
3,424 m³
Parcel 21808H1773/00S000, Brussels · tallest building 24.2 m, ±6 floors. Linked by address, not a title deed.
16
companies at this address
See who is registered here
1 establishment unit
FOLIOSCOPE
since 20082.195.947.762
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21808H1773/00S000 | Brussels | 203 m² | 1 · 178 m² | 24.2 m · 6 fl. |
Linked by address, not proof of ownership
Good to know
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
Flemish government
2023 to 2025 · 3 entries · 185,000 EUR awarded · 181,427 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 0 EUR | 180,239 EUR |
| 2024 | 1 | 0 EUR | 1,188 EUR |
| 2023 | 1 | 185,000 EUR | 0 EUR |
Schemes
Projectsubsidie voor een initiatief in de audiovisuele of gamesector (Decreet Vlaams Audiovisueel Fonds 1999)
Wallonia-Brussels Federation
2021 to 2025 · 17 entries · 653,793 EUR in total| Year | Entries | paid |
|---|---|---|
| 2025 | 5 | 153,793 EUR |
| 2024 | 5 | 158,500 EUR |
| 2023 | 3 | 141,500 EUR |
| 2022 | 2 | 100,000 EUR |
| 2021 | 2 | 100,000 EUR |
Budget allocations
Commission du Cinéma - Aide aux opérateurs
Accord de coopération culturelle Communauté française / Vlaamse Gemeenschap
Dotation à WBI dans le cadre de la promotion internationale de_x000D_
Bruxelles
Dépenses afférentes à Eurimages, Observatoire européen, Mediadesk et certains accords internationaux
European Union, budget
2022 to 2023 · 2 entries · 300,000 EUR in total| Year | Entries | awarded |
|---|---|---|
| 2023 | 1 | 150,000 EUR |
| 2022 | 1 | 150,000 EUR |
Projects
ANIMA 2024-2025 - ANIMA FESTIVAL 2024 AND ANIMA FESTIVAL 2025
ANIMA 22 - ANIMA 23 - FESTIVAL ANIMA 2022 ET FESTIVAL ANIMA 2023
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Of 2,276 companies in sector 90202 we hold annual accounts for 413. 259 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formNon-profit association
Founded05-05-1988
Fiscal year end31-12
Activities, NACEBEL 2025
90202Performing arts by artistic ensembles
90120Visual arts creation
58190Other publishing activities, excluding software publishing
82300Organisation of conventions and trade shows
Contact
Scores and ratios are computed by Checked and are not a credit decision.