KULTE
ActiveSummary
The computed 12-month bankruptcy probability of KULTE is 1.8% (moderate). The 2024 annual accounts show negative equity (-€421) and a net result of -€2,151. Equity is shrinking by ~83.5% per year across the filed fiscal years. The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability40▲+35
Solvency24▼-4
Growth32=
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.85 against 0.85 in 2023; short-term debt: 101% and cash: 2.4% of total assets), and equity is negative.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
-1%
Return on assets
-5.1%
Age of the figures
21 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 60
Relative position
BE, all sectors
reference
Programming, broadcasting, news agency and other content distribution activities (NACE 60)
about 22% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 20-06-2026, 41 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
41 d early
2024
12 d late
2023
42 d late
2022
27 d early
2021
100 d late
2020
14 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 12 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 45% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 12 August (4 of the last 5 filed years within 53 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
-€421
2023 · €1,730
Total assets
€42,455▼ 15.2%
2023 · €50,084
Net result
-€2,151▲ 62.2%
2023 · -€5,698
Working capital
-€6,612▲ 8.2%
2023 · -€7,203
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 60, Programming, broadcasting, news agency and other content distribution activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€20,495--€14,465€2,083-€4,880-€1,722▲ 64.7%
Net result€15,686within the sector's middle half--€15,180below the sector's middle half€1,921within the sector's middle half-€5,698below the sector's middle half-€2,151within the sector's middle half▲ 62.2%
Equity€20,686within the sector's middle half-€5,506below the sector's middle half▼ 73.4%€7,427below the sector's middle half▲ 34.9%€1,730below the sector's middle half▼ 76.7%-€421below the sector's middle half
Total assets€36,957within the sector's middle half-€34,584below the sector's middle half▼ 6.4%€51,237within the sector's middle half▲ 48.2%€50,084within the sector's middle half▼ 2.3%€42,455within the sector's middle half▼ 15.2%
Debt€16,271-€29,078▲ 78.7%€43,810▲ 50.7%€48,354▲ 10.4%€42,876▼ 11.3%
Working capital€20,686within the sector's middle half-€5,506within the sector's middle half▼ 73.4%€3,079within the sector's middle half▼ 44.1%-€7,203below the sector's middle half-€6,612below the sector's middle half▲ 8.2%
Solvency56.0%within the sector's middle half-15.9%within the sector's middle half▼ 40.1pp14.5%below the sector's middle half▼ 1.4pp3.5%below the sector's middle half▼ 11.0pp-1.0%below the sector's middle half▼ 4.4pp
Current ratio2.27within the sector's middle half-1.19within the sector's middle half▼ 1.081.07below the sector's middle half▼ 0.120.85below the sector's middle half▼ 0.220.85below the sector's middle half▼ 0.01
Return on assets (ROA)42.4%above the sector's middle half--43.9%below the sector's middle half▼ 86.3pp3.7%within the sector's middle half▲ 47.6pp-11.4%below the sector's middle half▼ 15.1pp-5.1%within the sector's middle half▲ 6.3pp
above
within
below
the middle half (P25 to P75) of NACE 60, Programming, broadcasting, news agency and other content distribution activities, each year against the same schema; no band under 30 filings.
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 €1,722 in 2024 against €4,880 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €42,455
Fixed assets
€6,191 ▼ 30.7%
Current assets
€36,264 ▼ 11.9%
Key figures and ratios
EBITDA
€1,020▲
2023 · -€2,464
Cash flow
€591▲
2023 · -€3,282
Interest coverage
3.29▲
2023 · -3.66
Debt ≤ 1 year
€42,876▼
2023 · €48,354
Income taxes
€119▼
2023 · €145
Equity ratios withheld: equity of -€421 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,570 companies that looked in July 2024 the way this one looks now, 4.6% went bankrupt within 24 months and 88% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a small loss
4.6%
went bankrupt
5.5%
stopped otherwise
88%
still going
A further 1.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.8% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 1,570 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.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €6,116 | €260 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €811 | - | €611 | €2,416 | €2,742 | ▲ 13.5% |
| Other operating charges640/8 | - | €0 | €176 | €750 | €481 | ▼ 35.9% |
| Gross operating margin9900 | €21,654 | -€14,465 | €8,986 | -€1,454 | €1,500 | ▲ 203% |
| Operating profit (loss)9901 | €20,495 | -€14,465 | €2,083 | -€4,880 | -€1,722 | ▲ 64.7% |
| Financial income75/76B | - | €6 | €0 | - | - | - |
| Recurring financial income75 | €0 | €6 | €0 | - | - | - |
| Financial charges65/66B | - | €176 | €393 | €673 | €310 | ▼ 53.9% |
| Recurring financial charges65 | €22 | €176 | €393 | €673 | €310 | ▼ 53.9% |
| Profit (loss) for the period before taxes9903 | €20,474 | -€14,636 | €1,690 | -€5,552 | -€2,032 | ▲ 63.4% |
| Income taxes67/77 | €4,787 | €544 | -€231 | €145 | €119 | ▼ 18.3% |
| Profit (loss) for the period9904 | €15,686 | -€15,180 | €1,921 | -€5,698 | -€2,151 | ▲ 62.2% |
| Profit (loss) for the period to be appropriated9905 | €15,686 | -€15,180 | €1,921 | -€5,698 | -€2,151 | ▲ 62.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €36,957 | €34,584 | €51,237 | €50,084 | €42,455 | ▼ 15.2% |
| Fixed assets21/28 | - | - | €4,349 | €8,933 | €6,191 | ▼ 30.7% |
| Intangible fixed assets21 | - | - | €4,349 | €3,357 | €2,365 | ▼ 29.6% |
| Tangible fixed assets22/27 | - | - | - | €5,576 | €3,826 | ▼ 31.4% |
| Furniture and vehicles24 | - | - | - | €5,576 | €3,826 | ▼ 31.4% |
| Current assets29/58 | €36,957 | €34,584 | €46,888 | €41,151 | €36,264 | ▼ 11.9% |
| Amounts receivable within one year40/41 | €36,952 | €32,212 | €42,405 | €38,364 | €35,225 | ▼ 8.2% |
| Trade receivables40 | - | €32,196 | €42,405 | €37,924 | €35,193 | ▼ 7.2% |
| Other amounts receivable41 | - | €16 | - | €440 | €32 | ▼ 92.7% |
| Cash at bank and in hand54/58 | €5 | €1,204 | €3,316 | €2,787 | €1,039 | ▼ 62.7% |
| Deferred charges and accrued income490/1 | - | €1,168 | €1,168 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €36,957 | €34,584 | €51,237 | €50,084 | €42,455 | ▼ 15.2% |
| Equity10/15 | €20,686 | €5,506 | €7,427 | €1,730 | -€421 | ▼ 124% |
| Contributions10/11 | - | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | €15,686 | €506 | €2,427 | -€3,270 | -€5,421 | ▼ 65.8% |
| Amounts payable17/49 | €16,271 | €29,078 | €43,810 | €48,354 | €42,876 | ▼ 11.3% |
| Amounts payable within one year42/48 | €16,271 | €29,078 | €43,810 | €48,354 | €42,876 | ▼ 11.3% |
| Trade debts44 | €8,336 | €10,137 | €7,998 | €17,404 | €11,511 | ▼ 33.9% |
| Suppliers440/4 | - | €10,137 | €7,998 | €17,404 | €11,511 | ▼ 33.9% |
| Taxes, remuneration and social security45 | - | €7,016 | €9,154 | €4,192 | €3,594 | ▼ 14.3% |
| Taxes450/3 | - | €6,016 | €8,147 | €4,192 | €3,594 | ▼ 14.3% |
| Remuneration and social security454/9 | - | €1,000 | €1,007 | - | - | - |
| Other amounts payable47/48 | - | €11,924 | €26,658 | €26,758 | €27,771 | ▲ 3.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €15,686 | -€15,180 | €1,921 | -€5,698 | -€2,151 | ▲ 62.2% |
| + Depreciation and write-downs630 | €811 | - | €611 | €2,416 | €2,742 | ▲ 13.5% |
| Operating cash flow (approximation) | €16,498 | -€15,180 | €2,532 | -€3,282 | €591 | ▲ 118% |
| Investment in fixed assets (approximation) | - | - | - | -€7,000 | €0 | ▲ 100% |
| Change in cash | - | €1,199 | €2,112 | -€528 | -€1,748 | ▼ 231% |
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
Next filing, fiscal year 2026, expected by
2026
20-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
12-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 12 days late
2024
11-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 42 days late
2023
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €1,921
Net result €1,921 after one loss-making year.
08-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 100 days late
2021
31-12
Financial
Weakest financial yearnet -€15,180
Net result drops to -€15,180, the lowest in the series; recovery starts the following year.
17-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
3 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, Namur · 1 establishment unit since 2020
Ground area
532 m²
Building footprint
124 m²
Volume, LiDAR
832 m³
Parcel 92135D0469/00_000, Wallonia · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Chaussée de Dinant(WP) 1049, 5100 Namur
since 20202.297.904.660
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92135D0469/00_000 | Wallonia | 532 m² | 1 · 124 m² | 8.2 m · 2 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
LAN-AREA
BE 0779.822.986
Anhée · Eq €1,790
FREE MEDIA BULGARIA
BE 0735.808.841
Ukkel · Eq €1,080
MAG EVENT
BE 0891.169.385
Incourt · Eq €3,011
EUROPERIGHTNOW
BE 0785.897.463
Sint-Joost-ten-Node · Eq €884
TIQOUN PRODUCTIONS
BE 0742.666.048
Elsene · Eq €3,658
Of 719 companies in sector 60310 we hold annual accounts for 157. 32 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
Founded26-12-2019
Fiscal year end31-12
Activities, NACEBEL 2025
60310News agency activities
59113Video and film production, excluding cinema and television films
73110Advertising agencies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0740495822
Also
9925:BE0740495822
Registered
17-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.