HELSINKI
ActiveSummary
HELSINKI has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €210,334 and a net result of €18,257. Equity is growing by about 12% per year across the filed financial years. Its solvency ranks better than 29% of 1,859 sector peers (NACE 59, financial year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Overview
- Equity
- €210,334
- Profit
- €18,257
Why 64raises riskLiquidity: current ratio 0.95, cash €290Last filed accounts filed 28 days late; 2 of the last 3 latelowers riskFounded in 2008Size: total assets €1.0mShow the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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): better than 31% on solvency, 26% on liquidity, 34% on profitability and 35% on growth.
The bankruptcy probability was computed on 28-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 48 days after the deadline; the sector median (NACE 59) for financial year 2024 is 2 days before the deadline, and 41% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Highest result from 2018 to 2025net €68,891 ▲168%
Financials · financial year 2025, micro format
2025 annual accounts filed late (28 days) Filed on 28 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00449064.
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result falls in 2025; 2025 is 57% below 2024.
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.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 59, Motion picture, video and television programme production, sound recording and music publishing 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, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 4,107 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 98.0% are still going.
- Small
- 10 to 20 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.3% 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 497,445 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% | 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% |
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 4,107 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 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €42,033 | €42,977 | €42,260 | €38,816 | €39,979 | €42,493 | €41,402 | €45,700 | ▲ 10.4% |
| Other operating charges640/8 | - | - | - | €4,033 | €20,802 | €182 | €8,458 | €7,429 | ▼ 12.2% |
| Gross operating margin9900 | €155,787 | €60,111 | €70,912 | €137,163 | €110,308 | €111,311 | €182,611 | €110,846 | ▼ 39.3% |
| Operating profit (loss)9901 | €99,712 | €15,813 | €19,108 | €94,315 | €49,527 | €68,636 | €132,751 | €57,717 | ▼ 56.5% |
| Financial income75/76B | - | - | - | €24 | €1,160 | €254 | €53 | €1,322 | ▲ 25× |
| Recurring financial income75 | €1,096 | €338 | €178 | €24 | €1,160 | €254 | €53 | €1,322 | ▲ 25× |
| Financial charges65/66B | - | - | - | €21,496 | €28,925 | €28,224 | €25,509 | €27,936 | ▲ 9.5% |
| Recurring financial charges65 | €39,212 | €29,136 | €23,768 | €21,496 | €28,925 | €28,224 | €25,509 | €27,936 | ▲ 9.5% |
| Profit (loss) for the period before taxes9903 | €61,596 | -€12,986 | -€2,345 | €72,842 | €21,761 | €40,667 | €107,295 | €31,103 | ▼ 71.0% |
| Income taxes67/77 | €7,132 | - | - | €12,762 | €7,012 | €14,985 | €38,404 | €12,846 | ▼ 66.6% |
| Profit (loss) for the period9904 | €54,465 | -€12,986 | -€2,345 | €60,080 | €14,749 | €25,682 | €68,891 | €18,257 | ▼ 73.5% |
| Profit (loss) for the period to be appropriated9905 | €54,465 | -€12,986 | -€2,345 | €60,080 | €14,749 | €25,682 | €68,891 | €18,257 | ▼ 73.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.2m | €1.2m | €1.1m | €1.2m | €1.2m | €1.1m | €1.1m | €1.0m | ▼ 6.1% |
| Fixed assets21/28 | €0.9m | €0.9m | €0.9m | €0.8m | €0.8m | €0.8m | €0.8m | €0.8m | ▼ 3.7% |
| Tangible fixed assets22/27 | €0.9m | €0.9m | €0.9m | €0.8m | €0.8m | €0.8m | €0.8m | €0.8m | ▼ 3.7% |
| Land and buildings22 | - | - | - | €0.8m | €0.8m | €0.8m | €0.8m | €0.7m | ▼ 2.9% |
| Plant, machinery and equipment23 | - | - | - | €0.02m | €0.03m | €0.03m | €0.03m | €0.03m | ▼ 21.3% |
| Furniture and vehicles24 | - | - | - | €0.007m | €0.003m | €0.006m | €0.006m | €0.006m | ▼ 0.6% |
| Current assets29/58 | €0.3m | €0.3m | €0.2m | €0.4m | €0.3m | €0.3m | €0.3m | €0.3m | ▼ 12.5% |
| Amounts receivable within one year40/41 | €0.3m | €0.2m | €0.2m | €0.4m | €0.3m | €0.3m | €0.3m | €0.3m | ▼ 13.1% |
| Trade receivables40 | - | - | - | €0.4m | €0.3m | €0.3m | €0.3m | €0.2m | ▼ 14.1% |
| Other amounts receivable41 | - | - | - | - | €0.01m | €438 | €0.009m | €0.01m | ▲ 19.8% |
| Cash at bank and in hand54/58 | €0.01m | €0.02m | €0.003m | €0.004m | €0.008m | €0.005m | €289 | €290 | ▲ 0.4% |
| Deferred charges and accrued income490/1 | - | - | - | €0.002m | €0.002m | €107 | €124 | €0.002m | ▲ 14× |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.2m | €1.2m | €1.1m | €1.2m | €1.2m | €1.1m | €1.1m | €1.0m | ▼ 6.1% |
| Equity10/15 | €0.1m | €0.1m | €0.1m | €0.1m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 10.2% |
| Contributions10/11 | €0.02m | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.1m | €0.09m | €0.08m | €0.1m | €0.1m | €0.2m | €0.2m | €0.2m | ▼ 11.1% |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | €0.002m | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | €0.002m | - | - | - |
| Distributable reserves133 | - | - | - | €0.1m | €0.1m | €0.2m | €0.2m | €0.2m | ▼ 11.1% |
| Amounts payable17/49 | €1.1m | €1.0m | €1.0m | €1.1m | €1.0m | €0.9m | €0.9m | €0.8m | ▼ 4.9% |
| Amounts payable after more than one year17 | €0.8m | €0.8m | €0.7m | €0.8m | €0.7m | €0.7m | €0.6m | €0.5m | ▼ 6.8% |
| Financial debts170/4 | - | - | - | €0.8m | €0.7m | €0.7m | €0.6m | €0.5m | ▼ 6.8% |
| Amounts payable within one year42/48 | €0.3m | €0.3m | €0.2m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | ▼ 0.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.06m | €0.06m | €0.06m | €0.07m | €0.1m | ▲ 57.0% |
| Financial debts43 | - | - | - | €0.04m | €0.05m | €0.04m | €0.04m | €0.04m | ▲ 3.8% |
| Credit institutions430/8 | - | - | - | €0.04m | €0.05m | €0.04m | €0.04m | €0.04m | ▲ 3.8% |
| Trade debts44 | €0.09m | €0.09m | €0.1m | €0.1m | €0.2m | €0.1m | €0.1m | €0.09m | ▼ 14.0% |
| Suppliers440/4 | - | - | - | €0.1m | €0.2m | €0.1m | €0.1m | €0.09m | ▼ 14.0% |
| Taxes, remuneration and social security45 | - | - | - | €0.04m | €0.02m | €0.05m | €0.05m | €0.02m | ▼ 57.3% |
| Taxes450/3 | - | - | - | €0.04m | €0.02m | €0.05m | €0.05m | €0.02m | ▼ 57.3% |
| Other amounts payable47/48 | - | - | - | €0.03m | €0.003m | €0.003m | €0.001m | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €377 | €226 | €0.008m | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €54,465 | -€12,986 | -€2,345 | €60,080 | €14,749 | €25,682 | €68,891 | €18,257 | ▼ 73.5% |
| + Depreciation and write-downs630 | €42,033 | €42,977 | €42,260 | €38,816 | €39,979 | €42,493 | €41,402 | €45,700 | ▲ 10.4% |
| Operating cash flow (approximation) | €96,498 | €29,991 | €39,915 | €98,896 | €54,728 | €68,175 | €110,293 | €63,958 | ▼ 42.0% |
| Investment in fixed assets (approximation) | - | -€41,070 | -€3,345 | -€16,309 | -€29,889 | -€18,618 | -€31,447 | -€16,061 | ▲ 48.9% |
| Change in cash | - | €4,993 | -€12,858 | €641 | €3,666 | -€2,682 | -€4,624 | €1 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 17 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 28-08-2026 | 2026-00449064 |
| 31-12-2024 | micro format | 09-10-2025 | 2025-00537639 |
| 31-12-2023 | micro format | 03-10-2024 | 2024-00493541 |
| 31-12-2022 | micro format | 26-10-2023 | 2023-00497340 |
| 31-12-2021 | micro format | 30-08-2022 | 2022-20384622 |
| 31-12-2020 | micro format | 30-08-2021 | 2021-57600146 |
| 31-12-2019 | micro format | 27-08-2020 | 2020-45900523 |
| 31-12-2018 | micro format | 29-08-2019 | 2019-54900013 |
| 31-12-2017 | micro format | 27-08-2018 | 2018-50900435 |
| 31-12-2016 | abbreviated format | 30-06-2017 | 2017-24400522 |
Similar companies · same sector, comparable size
Subsidies and aid
Flemish government
2023 to 2024 · 2 entries · €476 awarded · €237 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2024 | 1 | €239 | €0 |
| 2023 | 1 | €237 | €237 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Owners and capital
Capital and shareholders
- 02-04-2024 Converted to unavailable equity
Group and network
Connections & network
No directors read yet: 1 of 6 Gazette acts processed.
History
Acts, filings and financial milestones
02-04
Gazette deed
Permanent representatives: Brillouet, Tom Maurice MarieChristiane and Giets Patrick FrancisShare cancellation · Capital conversion · Amendment of the articles11 facts ▸
- General meeting, “buitengewone algemene vergadering van de aandeelhouders” (deed in Dutch)
- Other provision, “inkoop eigen aandelen, machtiging inkoop eigen aandelen” (deed in Dutch)
- Share cancellation, 36, “inkoop door de vennootschap” (deed in Dutch)
- Other provision, “niet-toepassing artikelen 5:142 en 5:143 Wetboek van vennootschappen en verenigingen, inkoop geschiedde voor 2020-01-01” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Other provision, “beschikbaar maken statutair onbeschikbare eigen vermogensrekening, beschikbaar maken” (deed in Dutch)
- Director in office, DAISY LANE (director)
- Permanent representative, Brillouet, Tom Maurice MarieChristiane
- Director in office, HEADROOM (director)
- Permanent representative, Giets Patrick Francis
- Amendment of the articles
Show earlier events
About the unread acts
Of the 6 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11810K1955/00V011 | Flanders | 254 m² | 1 · 231 m² | 13.7 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het bieden van overig amusement: circussen, poppentheaters, rodeo's, klank- en lichtspelen, enzovoort; Het verlenen van advies en praktische…” (deed in Dutch)
16 activities (deed in Dutch)
- Het bieden van overig amusement: circussen, poppentheaters, rodeo's, klank- en lichtspelen, enzovoort.
- Het verlenen van advies en praktische hulp aan de bedrijven in verband met public relations en communicatie.
- De productie en realisatie van publicitaire films en promotiefilms, films over technische onderwerpen of over bedrijven, films met educatieve inhoud of voor vormingsdoeleinden, videoclips.
- Uitgeverijen van geluidsopnamen.
- Overige uitgeverijen.
- (re)productie van geluidsopnamen.
- (re)productie van computermedia.
- Publiciteitsagentschappen.
- Beheer van publiciteitsdragers.
- Productie en uitzending van radioprogramma's.
- Zelfstandig werkende kunstenaars en artiesten.
- Diensten verwant aan de scheppende en uitvoerende kunst.
- Het ontwerpen van publicitaire teksten en slogans (copywriters).
- De productie van radioprogramma's, al dan niet in combinatie met het uitzenden ervan.
- Activiteiten op het gebied van film en video.
- Het ontwerpen en voeren van reclame- en promotiecampagnes voor derden via de verschillende media.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Helsinki
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, adres kan worden overgebracht naar om het even welke plaats in het tweetalig gebied Brussel Hoofdstad of in het Nederlands…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Bepaalde of onbepaalde duur, één of meer personen” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Commissaris of, als er geen commissaris is, bedrijfsrevisor aangewezen binnen twee weken door bestuursorgaan, niet hoger dan intrinsieke…” (deed in Dutch)“2.1, beslissing commissaris of bedrijfsrevisor” (deed in Dutch)“2.2, beslissing commissaris of bedrijfsrevisor” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Wednesday of June at 20:00