Active BE 0441.840.641Private limited companyOpen bankruptcy

HEADLINE N.F.P.

Diamantlaan 95 ·1030 Schaarbeek, Belgium· 35 yrs active

Sector: Productie van video en film, muv bioscoop- en televisiefilms (59113)

Conclusion Checked

A bankruptcy procedure is open for HEADLINE N.F.P. according to publications in the Belgian State Gazette. The 2022 annual accounts show negative equity (€-398k) and a net result of €-193k.

Based on the State Gazette, CBE and 5 annual accounts.

Key figures

Equity	€-398k
Net result	€-193k
Staff (FTE)	12
Better than sector	10%

Financial profile 5 of 5 axes measured · computed by Checked

38 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0

Profitability 100

Solvency 33

Growth 58

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

50 / 100

High riskRegister: open bankruptcy

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.

Components

· Open bankruptcy (+50)

Trust signals 2 signals

Register: open bankruptcy

The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2022 · computed

0 / 100 Critical

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2022 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 28-06-2024 with the NBB · fiscal year 2022 · verkort

Operating resultNet result

Sector comparison

Fiscal year 2022 · NACE 59 · compared across all schema types (micro, abbreviated and full combined)

Metric	This company	Sector median	Position in the sector
Solvency	-43.8%	39.3%	better than 10% of 350 sector peers
Net result	€-193k	€10k	better than 5% of 351 sector peers
Equity	€-398k	€26k	better than 5% of 351 sector peers
Gross operating margin	€736k	€30k	better than 95% of 348 sector peers
Staff costs	€792k	€56k	higher than 93% of 82 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€-60k

+66.6% 18-22

Net profit

€-193k

+41.7% 18-22

Cash flow

€-125k

+42.5% 18-22

Total assets

€909k

-0.6% 18-22

Equity

€-398k

-94.3% 18-22

Working capital

€-765k

-29.7% 18-22

Employees (FTE)

12

+8.1% 18-22

Staff costs

€792k

+21.2% 18-22

Show 11 other metrics

Income taxes

€857

+1.5% 18-22

Debt

€1.31M

+16.7% 18-22

Debt ≤ 1y

€1.29M

+17.0% 18-22

Debt > 1y

€2k

-97.0% 18-22

Current ratio

0.41

-12.5% 18-22

Quick ratio

0.41

-12.5% 18-22

Solvency

-43.8%

-95.6% 18-22

Debt / equity

-3.28

+39.9% 18-22

ROE

48.5%

-70.0% 18-22

ROA

-21.3%

+41.3% 18-22

Interest coverage

-0.92

+76.1% 18-22

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2022
Deposit	verkort
Revenue	-
EBITDA	€-60k
Net profit	€-193k
Cash flow	€-125k
Staff costs	€792k
Income taxes	€857
Dividends	-
Total assets	€909k
Equity	€-398k
Debt	€1.31M
of which ≤ 1y	€1.29M
of which > 1y	-
Working capital	€-765k
Employees (FTE)	12.0

Ratios (computed)

	2022
Current ratio	0.41
Quick ratio	0.41
Working capital ratio	-84.1%
Solvency	-43.8%
Debt / equity	-3.28
Long-term debt ratio	-
Interest coverage	-0.92
Gross margin	-
Net margin	-
ROA	-21.3%
ROE	48.5%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2022

Assets

Fixed assets €385k · 42.3% Current assets €525k · 57.7%

Full annual accounts (23 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2022
Balance sheet, Assets
TOTAL ASSETS	20/58	€909k
Fixed assets	21/28	€385k
Tangible fixed assets	22/27	€385k
Current assets	29/58	€525k
Amounts receivable within one year	40/41	€501k
Investments	50/53	€5
Cash & bank	54/58	€457
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€909k
Equity	10/15	€-398k
Contributions / capital	10/11	€100k
Reserves	13	€81k
Accumulated profits (losses)	14	€-579k
Amounts payable	17/49	€1.31M
Amounts payable within one year	42/48	€1.29M
Trade debts payable within one year	44	€755k
Income statement
Gross operating margin	9900	€736k
Operating result	9901	€-128k
Financial income	75	€31
Financial charges	65	€65k
Result before taxes	9903	€-192k
Income taxes	67/77	€857
Net result for the period	9904	€-193k
Result to be appropriated	9905	€-193k

This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	CAROLINE DE LEPELEIRE KUNSTLAAN 24/9 A, 1000 BRUSSEL 1	01-04-2025 → present	Belgian State Gazette

Legal Structure

NACE primary	Productie van video en film, muv bioscoop- en televisiefilms(59113)
Legal form	Private limited company(610)
Incorporation	02-11-1990
Status	Active
Postal code	1030
First BS signal	07-04-2025
Latest BS signal	07-04-2025

Establishment units 1 location

HEADLINE N.F.P.

Diamantlaan 95, 1030 Schaarbeekde groothandel in audio- en videoapparaten

since 19902.050.324.236

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21905C0068/00A015	Brussels	160 m²	1 · 114 m²	18.7 m · 3 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

07-04-2025

Bankruptcy Opening

Ondernemingsrechtbank Brussel · HEADLINE N.F.P. BV DIAMANTLAAN 95, 1030 Schaarbeek · event 01-04-2025

2024

28-06-2024