INTERNETV
ActiveSummary
INTERNETV has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €19k and a net result of €-13k. Equity is shrinking by ~31% per year across the filed fiscal years. Its solvency ranks better than 19% of 1932 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability15▼-36
Solvency29▼-3
Growth58=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity short (current ratio 0.61 against 0.64 in 2023; short-term debt: 75.4% and cash: 0% of total assets), and 95.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · 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
Motion picture, video and television programme production, sound recording and music publishing activities (NACE 59)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
4.5%
Return on assets
-3.2%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-13k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 1932 sector peers (2024).
NBB · sector comparisonPosition among 1932 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
51 d late
2022
116 d late
2021
31 d late
2020
186 d late
2019
112 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€19k▼ 41.7%
2023 · €32k
2018: €272khighest in 7 years
2019: €95k▼ -64.9% vs 2018
2020: €53k▼ -44.3% vs 2019
2021: €59k▲ +10.9% vs 2020
2022: €41k▼ -31.0% vs 2021
2023: €32k▼ -20.6% vs 2022
2024: €19k▼ -41.7% vs 2023lowest in 7 years
2018 → 2024
Total assets
€422k▼ 6.4%
2023 · €451k
2018: €522khighest in 7 years
2019: €507k▼ -3.0% vs 2018
2020: €497k▼ -1.9% vs 2019
2021: €485k▼ -2.5% vs 2020
2022: €453k▼ -6.5% vs 2021
2023: €451k▼ -0.5% vs 2022
2024: €422k▼ -6.4% vs 2023lowest in 7 years
2018 → 2024
Net result
€-13k▼ 60.5%
2023 · €-8k
2018: €-54k
2019: €-176k▼ -227% vs 2018lowest in 7 years
2020: €-42k▲ +76.0% vs 2019
2021: €6k▲ +114% vs 2020highest in 7 years
2022: €-18k▼ -415% vs 2021
2023: €-8k▲ +54.0% vs 2022
2024: €-13k▼ -60.5% vs 2023
2018 → 2024
Working capital
€-123k▼ 3.1%
2023 · €-119k
2018: €72khighest in 7 years
2019: €-95k▼ -231% vs 2018
2020: €-126k▼ -32.9% vs 2019lowest in 7 years
2021: €-110k▲ +12.9% vs 2020
2022: €-119k▼ -8.7% vs 2021
2023: €-119k▲ +0.2% vs 2022
2024: €-123k▼ -3.1% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€53k-€59k▲ 10.9%€41k▼ 31.0%€32k▼ 20.6%€19k▼ 41.7%
2020: €53k
2021: €59k▲ +10.9% vs 2020highest in 5 years
2022: €41k▼ -31.0% vs 2021
2023: €32k▼ -20.6% vs 2022
2024: €19k▼ -41.7% vs 2023lowest in 5 years
Operating result€-42k-€6k€-10k€-8k▲ 18.2%€-13k▼ 60.0%
2020: €-42klowest in 5 years
2021: €6k▲ +115% vs 2020highest in 5 years
2022: €-10k▼ -268% vs 2021
2023: €-8k▲ +18.2% vs 2022
2024: €-13k▼ -60.0% vs 2023
Net result€-42k-€6k€-18k€-8k▲ 54.0%€-13k▼ 60.5%
2020: €-42klowest in 5 years
2021: €6k▲ +114% vs 2020highest in 5 years
2022: €-18k▼ -415% vs 2021
2023: €-8k▲ +54.0% vs 2022
2024: €-13k▼ -60.5% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €13k in 2024 against €8k in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €422k
Fixed assets
€226k ▼ 3.7%
Current assets
€195k ▼ 9.4%
Equity and liabilities €422k
Equity
€19k ▼ 41.7%
Debt
€403k ▼ 3.7%
Debt's share of the balance-sheet total rises from 92.8% to 95.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-5k▼
2023 · €226
Cash flow
€-5k▼
2023 · €226
Current ratio
0.61▼
2023 · 0.64
Quick ratio
0.55▼
2023 · 0.58
Debt to equity
21.39▲
2023 · 12.94
ROE
-71.6%▼
2023 · -26.0%
ROA
-3.2%▼
2023 · -1.9%
Interest coverage
-123.54▼
2023 · 4.19
Debt ≤ 1 year
€318k▼
2023 · €335k
Debt > 1 year
€84k=
2023 · €84k
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 · 2024 against 2023 · 48 lines
Balance sheet
Code20232024
Assets
Total assets20/58€451k€422k▼
Fixed assets21/28€235k€226k▼
Tangible fixed assets22/27€235k€226k▼
Land and buildings22€225k€217k▼
Furniture and vehicles24€10k€10k=
Current assets29/58€216k€195k▼
Stocks and contracts in progress3€20k€20k=
Stocks30/36€20k€20k=
Amounts receivable within one year40/41€106k€85k▼
Trade receivables40€18k€8k▼
Other amounts receivable41€88k€77k▼
Current investments50/53€90k€90k=
Cash at bank and in hand54/58€16€0▼
Equity and liabilities
Total equity and liabilities10/49€451k€422k▼
Equity10/15€32k€19k▼
Contributions10/11€38k€38k=
Reserves13€229k€229k=
Non-distributable reserves130/1€4k€4k=
Reserves not available under the articles1311€4k€4k=
Tax-exempt reserves132€225k€225k=
Profit (loss) carried forward14€-234k€-248k▼
Amounts payable17/49€418k€403k▼
Amounts payable after more than one year17€84k€84k=
Financial debts170/4€84k€84k=
Amounts payable within one year42/48€335k€318k▼
Current portion of amounts payable after more than one year42€0-
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€11k€473▼
Suppliers440/4€11k€473▼
Taxes, remuneration and social security45€233€233=
Taxes450/3€233€233=
Other amounts payable47/48€324k€317k▼
Accrued charges and deferred income492/3-€1k
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€9k=
Other operating charges640/8€175€200▲
Gross operating margin9900€401€-5k▼
Operating profit (loss)9901€-8k€-13k▼
Financial income75/76B€54-
Recurring financial income75€54-
Financial charges65/66B€54€39▼
Recurring financial charges65€54€39▼
Profit (loss) for the period before taxes9903€-8k€-13k▼
Income taxes67/77€0-
Profit (loss) for the period9904€-8k€-13k▼
Profit (loss) for the period to be appropriated9905€-8k€-13k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-234k€-248k▼
Profit (loss) brought forward from the previous period14P€-226k€-234k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11k | €10k | €9k | €9k | €9k | = |
| Other operating charges640/8 | - | - | €481 | €175 | €200 | ▲ 14.3% |
| Gross operating margin9900 | €-30k | €17k | €-387 | €401 | €-5k | ▼ 1,252% |
| Operating profit (loss)9901 | €-42k | €6k | €-10k | €-8k | €-13k | ▼ 60.0% |
| Financial income75/76B | - | - | - | €54 | - | - |
| Recurring financial income75 | - | - | - | €54 | - | - |
| Financial charges65/66B | - | €324 | €38 | €54 | €39 | ▼ 27.8% |
| Recurring financial charges65 | €103 | €324 | €38 | €54 | €39 | ▼ 27.8% |
| Profit (loss) for the period before taxes9903 | €-42k | €6k | €-10k | €-8k | €-13k | ▼ 60.5% |
| Income taxes67/77 | - | - | €8k | €0 | - | - |
| Profit (loss) for the period9904 | €-42k | €6k | €-18k | €-8k | €-13k | ▼ 60.5% |
| Profit (loss) for the period to be appropriated9905 | €-42k | €6k | €-18k | €-8k | €-13k | ▼ 60.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €497k | €485k | €453k | €451k | €422k | ▼ 6.4% |
| Fixed assets21/28 | €263k | €253k | €244k | €235k | €226k | ▼ 3.7% |
| Tangible fixed assets22/27 | €263k | €253k | €244k | €235k | €226k | ▼ 3.7% |
| Land and buildings22 | - | €243k | €234k | €225k | €217k | ▼ 3.8% |
| Plant, machinery and equipment23 | - | €260 | €0 | - | - | - |
| Furniture and vehicles24 | - | €10k | €10k | €10k | €10k | = |
| Current assets29/58 | €234k | €232k | €210k | €216k | €195k | ▼ 9.4% |
| Stocks and contracts in progress3 | €20k | €20k | €20k | €20k | €20k | = |
| Stocks30/36 | - | €20k | €20k | €20k | €20k | = |
| Amounts receivable within one year40/41 | €122k | €122k | €97k | €106k | €85k | ▼ 19.2% |
| Trade receivables40 | - | €8k | €9k | €18k | €8k | ▼ 53.0% |
| Other amounts receivable41 | - | €113k | €87k | €88k | €77k | ▼ 12.2% |
| Current investments50/53 | €90k | €90k | €90k | €90k | €90k | = |
| Cash at bank and in hand54/58 | €2k | €3 | €3k | €16 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €497k | €485k | €453k | €451k | €422k | ▼ 6.4% |
| Equity10/15 | €53k | €59k | €41k | €32k | €19k | ▼ 41.7% |
| Contributions10/11 | - | €38k | €38k | €38k | €38k | = |
| Reserves13 | €229k | €229k | €229k | €229k | €229k | = |
| Non-distributable reserves130/1 | - | €4k | €4k | €4k | €4k | = |
| Reserves not available under the articles1311 | - | €4k | €4k | €4k | €4k | = |
| Tax-exempt reserves132 | - | €225k | €225k | €225k | €225k | = |
| Profit (loss) carried forward14 | €-214k | €-208k | €-226k | €-234k | €-248k | ▼ 5.8% |
| Amounts payable17/49 | €444k | €426k | €412k | €418k | €403k | ▼ 3.7% |
| Amounts payable after more than one year17 | €84k | €84k | €84k | €84k | €84k | = |
| Financial debts170/4 | - | €84k | €84k | €84k | €84k | = |
| Amounts payable within one year42/48 | €359k | €341k | €329k | €335k | €318k | ▼ 5.0% |
| Current portion of amounts payable after more than one year42 | - | - | €15k | €0 | - | - |
| Financial debts43 | - | €4k | €4k | €0 | - | - |
| Credit institutions430/8 | - | €4k | €4k | €0 | - | - |
| Trade debts44 | €23k | €15k | €7k | €11k | €473 | ▼ 95.6% |
| Suppliers440/4 | - | €15k | €7k | €11k | €473 | ▼ 95.6% |
| Taxes, remuneration and social security45 | - | €233 | €233 | €233 | €233 | = |
| Taxes450/3 | - | €233 | €233 | €233 | €233 | = |
| Other amounts payable47/48 | - | €322k | €304k | €324k | €317k | ▼ 2.0% |
| Accrued charges and deferred income492/3 | - | €690 | - | - | €1k | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-42k | €6k | €-18k | €-8k | €-13k | ▼ 60.5% |
| + Depreciation and write-downs630 | €11k | €10k | €9k | €9k | €9k | = |
| Operating cash flow (approximation) | €-31k | €16k | €-9k | €226 | €-5k | ▼ 2,249% |
| Investment in fixed assets (approximation) | - | €0 | €-1 | €1 | €0 | ▼ 100% |
| Change in cash | - | €-2k | €3k | €-3k | €-16 | ▲ 99.4% |
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
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
20-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 51 days late
2023
24-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 116 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
02-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 186 days late
2021
31-12
Financial
Back to profitnet €6k
Net result €6k after 3 loss-making years.
2020
20-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 112 days late
2019
31-12
Financial
Weakest financial yearnet €-176k
Net result drops to €-176k, the lowest in the series; recovery starts the following year.
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 58 days late
2017
18-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
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.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are 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, Brugge · 1 establishment unit since 1986
Ground area
94 m²
Building footprint
27 m²
Volume, LiDAR
234 m³
Parcel 31805E0327/00H000, Flanders · tallest building 10.6 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
INTERNETV
since 19862.028.647.310
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31805E0327/00H000 | Flanders | 94 m² | 1 · 27 m² | 10.6 m · 3 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.
Similar companies · same sector, comparable size
OUFTI PRODUCTIONS
BE 0478.003.528
Seneffe · Eq €18,295
COOKIES FILMS
BE 0838.359.023
Les Bons Villers · Eq €17,730
BEING
BE 0811.467.653
Antwerpen · Eq €17,640
LULLABIES PRODUCTION
BE 0658.810.835
Sint-Gillis (bij-Brussel) · Eq €17,447
Elmo
BE 0794.290.042
Leuven · Eq €20,519
Of 484 companies in sector 59112 we hold annual accounts for 248. 177 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded11-10-1985
Fiscal year end31-12
Activities, NACEBEL 2025
59112Motion picture, video and television programme production, sound recording and music publishing activities
59111Production of cinema films
90111Literary creation
Scores and ratios are computed by Checked and are not a credit decision.