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HIVRON

Active
Public limited companyfounded 1993active for 33 yearsLouis Schmidtlaan 119, 1040 Etterbeek, BelgiumKBO/BCE: BE 0449.339.236
Summary

HIVRON has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €30,238 and a net result of €45,179. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 23% of 503 sector peers (NACE 59, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 08-02-1993 Normal situation
Registered office
100 active companies are registered at this address 3 started in the 12 months before. Source: KBO register, as of 3 November 2026.
Activity
Motion picture, video and television programme production, sound recording and music publishing activities NACE 59114and 3 others
Joint committees
100 Aanvullend Paritair Comité voor de werklieden
227 Paritair Comité voor de audiovisuele sector · annual accounts 2024
Establishment unit
2.061.269.794 1000 Brussel, since 17-03-1993
Financial year end
31 December
Peppol
Reachable since 16-12-2025

Board and ownership

Board
  • CANKAYA SerifDirector

Financial position

93 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€828,598
▼ 7.2%
Turnover
≈ €2.0m
estimated
Profit
€45,179
Equity
€30,238
Total assets
€795,604
▲ 21.2%
Employees on 31-12-2025
21
▼ 16.0%
Score breakdownraises riskEquity €30,238 (3.8% of total assets)lowers riskSize: total assets €795,604Founded in 1993Figures for financial year 2025 (filed on 22-07-2026)Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 47% of micro companies in film, video and music (NACE 59)
Financial strength · tick: 2024
Weak
Solvency 29+6
equity 3.8% of total assets
Liquidity 24+3
short-term debt 96.2% · cash 19.2%
Profitability 76+45
return on assets 5.7%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (2,572 companies, NACE 59, micro)
Last 24 months 12-2024: 0.7% 01-2025: 0.7%● unchanged vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.7%● unchanged vs 03-2025 05-2025: 0.6%▼ -0.1 percentage points vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.8%▲ +0.2 percentage points vs 06-2025highest value 08-2025: 0.2%▼ -0.6 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.3%▲ +0.1 percentage points vs 04-2026 06-2026: 0.2%▼ -0.1 percentage points vs 05-2026 07-2026: 0.3%▲ +0.1 percentage points vs 06-2026 08-2026: 0.1%▼ -0.2 percentage points vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value
Credit of up to €2,500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.0 (0.9 in 2024), below the usual 1.5. Short-term debt is 96.2% and cash 19.2% of total assets. 96.2% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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). It does better than 20% of them on solvency, 16% on liquidity, 57% on profitability and 97% on growth.

The bankruptcy probability was computed on 02-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €795,604
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Equity €30,238 (3.8% of total assets)
NBB · annual accounts
lowers risk · Founded in 1993
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Figures for financial year 2025 (filed on 22-07-2026)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 503 sector peers (2025).
NBB · sector comparison
Position among 503 sector peers
Solvency
better than 23%
← weakest strongest →
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 22-07-2026, 9 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
9 days early
2024
14 days early
2023
12 days early
2022
4 days early
2021
1 day late
2020
31 days late
2019
117 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 16 days after the deadline. In the sector (NACE 59), the median for financial year 2024 was 2 days before the deadline, and 41% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 22 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Back in profit in 2025after a loss of €17,743 in 2024 €45,179 View
  • Positive: 9th oldest company in Etterbeek, Publishing and media sectorin the Checked rankings No. 9 View
  • Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View

Recent changes

  1. · Gazette deed Incorporation
All 14 events

Comparable companies

These companies have the same main activity as HIVRON: motion picture, video and television programme production, sound recording and music publishing activities (NACE 59114). They are comparable in size and age: total assets between €458,000 and €1.4m, founded between 1984 and 2000.

CompanyTotal assetsGross margin
HIVRON Etterbeek€0.8m€0.8m
Alice Production Brussel€1.3m€0.9m
ANTWERPSE TELEVISIE (A.T.V.) Antwerpen€0.6m€1.1m
ROJ Denderleeuw€1.4m€0.8m
wTVision Sint-Joost-ten-Node€0.6m€0.5m
RAINBOW PARTNERS Vorst€0.5m€0.5m
BELGIAN BUSINESS TELEVISION Brussel€0.5m€1.6m
Full comparison

Key facts about HIVRON

What is the company number of HIVRON?
The company number of HIVRON is 0449.339.236. The VAT number is the same number with BE in front: BE 0449.339.236.
Where is HIVRON based?
The registered office is at Louis Schmidtlaan 119, 1040 Etterbeek.Company details
What does HIVRON do?
According to the KBO register, the main activity is motion picture, video and television programme production, sound recording and music publishing activities (NACE 59114).
What is the legal form of HIVRON?
The legal form of HIVRON is Public limited company (NV).
When was HIVRON founded?
HIVRON was founded on 08-02-1993.
Is HIVRON still active?
Yes, HIVRON is an active enterprise in the KBO register.
How many employees does HIVRON have?
HIVRON had an average of 20.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does HIVRON fall under?
In its 2024 annual accounts, HIVRON states joint committees 100 (Aanvullend Paritair Comité voor de werklieden) and 227 (Paritair Comité voor de audiovisuele sector).
What is the turnover of HIVRON?
The turnover in financial year 2025 is ≈ €2.0m. This figure is estimated from the gross margin of €828,598 and 2,281 comparable companies of the same size. It probably lies between €1.2m and €3.3m. It is a rough estimate.
Is HIVRON profitable?
In financial year 2025, HIVRON made a profit of €45,179.
Where can I find the annual accounts of HIVRON?
HIVRON filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of HIVRON due?
HIVRON must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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