Free Run Camera
ActiveFree Run Camera has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €310k and a net result of €139k. Equity is growing by ~10% per year across the filed fiscal years. Its solvency ranks better than 74% of 1934 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
88
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+24
Solvency97▲+14
Growth62▲+17
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 3.57 against 2.35 in 2023; short-term debt: 27.5% and cash: 21.4% of total assets), and 27.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers 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 →
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 2024Solvency, return and age of the figures
Solvency
72.5%
Return on assets
32.4%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
34 d early
2023
26 d late
2022
128 d late
2021
239 d late
2020
122 d late
2019
487 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€127k▼ 1.0%
2018 · €128k
2018: €128k
2018 → 2019
EBIT margin
54.0%▲ 3.9pp
2018 · 50.1%
2018: 50.1%
2018 → 2019
Net result
€139k▲ 754%
2023 · €16k
2018: €69k
2019: €63k
2020: €37k
2021: €41k
2022: €6k
2023: €16k
2018 → 2024
Working capital
€303k▲ 141%
2023 · €126k
2018: €73k
2019: €105k
2020: €107k
2021: €114k
2022: €109k
2023: €126k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€138k-€149k▲ 8.0%€155k▲ 4.2%€171k▲ 10.5%€310k▲ 81.1%
Operating result€52k-€81k▲ 57.0%€30k▼ 63.1%€25k▼ 16.9%€207k▲ 732%
Net result€37k-€41k▲ 9.9%€6k▼ 84.8%€16k▲ 160%€139k▲ 754%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 732% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €428k
Fixed assets
€7k▼ 91.1%
Current assets
€421k▲ 92.2%
Equity and liabilities €428k
Equity
€310k▲ 81.1%
Debt
€118k▼ 6.3%
The debt ratio falls from 42.3% to 27.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€209k▲
2023 · €39k
Cash flow
€141k▲
2023 · €30k
Solvency
72.5%▲
2023 · 57.7%
Current ratio
3.57▲
2023 · 2.35
Quick ratio
3.57▲
2023 · 2.32
Debt / equity
0.38▼
2023 · 0.73
ROE
44.8%▲
2023 · 9.5%
ROA
32.4%▲
2023 · 5.5%
Interest coverage
57.09▲
2023 · 10.53
Debt
€118k▼
2023 · €126k
Debt ≤ 1 year
€118k▲
2023 · €93k
Income taxes
€80k▲
2023 · €14k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€297k€428k▲
Fixed assets21/28€78k€7k▼
Tangible fixed assets22/27€78k€7k▼
Land and buildings22€76k-
Plant, machinery and equipment23€1k€481▼
Furniture and vehicles24€853€6k▲
Financial fixed assets28€200€150▼
Current assets29/58€219k€421k▲
Stocks and contracts in progress3€3k-
Stocks30/36€3k-
Amounts receivable within one year40/41€216k€329k▲
Trade receivables40€15k€19k▲
Other amounts receivable41€200k€310k▲
Cash at bank and in hand54/58-€92k
Deferred charges and accrued income490/1€348-
Equity and liabilities
Total equity and liabilities10/49€297k€428k▲
Equity10/15€171k€310k▲
Contributions10/11€19k€19k=
Reserves13€26k€164k▲
Distributable reserves133€26k€164k▲
Profit (loss) carried forward14€127k€128k▲
Amounts payable17/49€126k€118k▼
Amounts payable after more than one year17€33k-
Financial debts170/4€33k-
Amounts payable within one year42/48€93k€118k▲
Current portion of amounts payable after more than one year42€29k-
Financial debts43€7k€5k▼
Credit institutions430/8€7k€5k▼
Trade debts44€18k€9k▼
Suppliers440/4€18k€9k▼
Taxes, remuneration and social security45€35k€100k▲
Taxes450/3€35k€100k▲
Other amounts payable47/48€4k€4k=
Income statement
Code20232024
Non-recurring operating income76A-€208k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€3k▼
Other operating charges640/8€8k€8k▼
Gross operating margin9900€47k€218k▲
Operating profit (loss)9901€25k€207k▲
Financial income75/76B€9k€15k▲
Recurring financial income75€9k€15k▲
Non-recurring financial income76B-€15k
Financial charges65/66B€4k€4k▲
Recurring financial charges65€4k€4k▲
Non-recurring financial charges66B-€4k
Profit (loss) for the period before taxes9903€31k€218k▲
Income taxes67/77€14k€80k▲
Profit (loss) for the period9904€16k€139k▲
Profit (loss) for the period to be appropriated9905€16k€139k▲
Appropriation of the result
Profit (loss) to be appropriated9906€127k€266k▲
Profit (loss) brought forward from the previous period14P€111k€127k▲
Transfer to equity691/2-€138k
To other reserves6921-€138k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €139k ▲754%
Operating result €207k, net result €139k, both a record.
31-12
Financial
Equity above €200kEq €310k ▲81.1%
7 profitable years in a row build equity to €310k.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
06-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 128 days late
27-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 239 days late
2022
31-12
Financial
Weakest financial yearnet €6k ▼84.8%
Net result drops to €6k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €150kEq €155k ▲4.2%
5 profitable years in a row build equity to €155k.
2021
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 122 days late
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 487 days late
30-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 853 days late
2019
31-12
Financial
Equity above €100kEq €130k ▲34.2%
2 profitable years in a row build equity to €130k.
2018
29-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 60 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 60 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
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, Sint-Gillis-Waas · 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.
Zavelstraat(SGW) 299170 Sint-Gillis-WaasGround area
949 m²
Building footprint
220 m²
Parcel 46020B0294/00G003, Flanders. Linked by address, not a title deed.
1 establishment unit
Free Run Camera
since 20062.157.131.629
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46020B0294/00G003 | Flanders | 949 m² | 1 · 220 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.
Similar companies · same sector, comparable size
ROJ
BE 0455.071.936
Denderleeuw · Eq €310k
Borgerhoff & Lamberigts TV
BE 0843.959.188
Gent · Eq €311k
LES NEWS 24
BE 0711.723.741
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ZALM
BE 0888.776.851
Gent · Eq €300k
IETSINDEMEDIA
BE 0886.049.567
Deinze · Eq €299k
Of 519 companies in sector 59114 we hold annual accounts for 245. 170 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-10-2006
Fiscal year end31-12
Activities, NACEBEL
59114Motion picture, video and television programme production, sound recording and music publishing activities
18200Printing and reproduction of recorded media
22310
22320
59112Motion picture, video and television programme production, sound recording and music publishing activities
59113Video and film production, excluding cinema and television films
59120Post-production of films, video and television programmes
92113
92114
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.