Equity
Equity fell by 92% in 4 years.
Equity fell by 92% in 4 years.
The result fell in 2025: branch of activity transferred to WALK THE TALK.
Of this, €444,346 falls due within a year.
Between 2021 and 2025, 85% of the full-time equivalents disappeared.
The 2024 accounts came latest: 43 days after the end of the period.
The dashed line is the sector median: 0.3% across 2,576 companies (NACE 59, micro).
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 22% of them on solvency, 16% on liquidity, 44% on profitability and 50% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
In July 2024, 1,251 companies had the same profile as DREAM TOUCH has now. Each dot stands for 4 companies, two years later.
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of DREAM TOUCH itself: 0.8% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,251 companies, not a prediction for DREAM TOUCH. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is insufficient, with a current ratio of 0.87 (0.83 in 2024), below 1. Short-term debt is 69.7% and cash 8.6% of total assets. 94.4% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 12 days before 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.
Shares in 1 company, Entre Chien et Loup
Board & ownership| Company | ||||
|---|---|---|---|---|
| DREAM TOUCH Ixelles | €0.6m | €91,236 | 5.6% | 1.4 |
| Potemkino Port Lint | €1.4m | €120,139 | 3.1% | 1 |
| NUWANDA Geraardsbergen | €0.4m | €145,976 | 54.1% | 1 |
| SQUAREFISH Molenbeek-Saint-Jean | €0.5m | €298,232 | 51.7% | 4 |
| TAKOMAYO La Hulpe | €0.2m | €68,977 | 3.0% | 0.8 |
| B&J Studio's Zonhoven | €1.6m | €177,465 | 14.3% | 0 |
| De mandarijnen Leuven | €2.0m | €160,527 | 23.7% | 3.7 |
These companies have the same main activity as DREAM TOUCH: motion picture, video and television programme production, sound recording and music publishing activities (NACE 59112). They are comparable in size and age: total assets between €226,000 and €2m, founded between 2011 and 2017.
DREAM TOUCH files the abbreviated format. That format states no turnover. The gross margin rose from -€3,873 in 2018 to €91,236 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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