MASTER SHOT
ActiveMASTER SHOT has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €34k and a net result of €4k. Equity is shrinking by ~13.5% per year across the filed fiscal years. Its solvency ranks better than 24% of 1514 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
64
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▼-5
Solvency37▼-6
Growth32=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity short (current ratio 0.76 against 1.05 in 2024; short-term debt: 36.4% and cash: 20% of total assets), and 88.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Sector 59
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 1514 sector peers (2025).
NBB · sector comparisonPosition among 1514 sector peers
Solvency
better than 24%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €34k
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 03-12-2025, 59 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
59 d early
2024
49 d early
2023
51 d early
2022
50 d early
2021
49 d early
2020
46 d early
2019
36 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close22-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€34k▲ 14.0%
2024 · €30k
2019: €76k
2020: €34k
2021: €47k
2022: €47k
2023: €20k
2024: €30k
2019 → 2025
Total assets
€289k▲ 77.3%
2024 · €163k
2019: €99k
2020: €117k
2021: €151k
2022: €117k
2023: €168k
2024: €163k
2019 → 2025
Net result
€4k▼ 54.4%
2024 · €9k
2019: €42k
2020: €38k
2021: €83k
2022: €24k
2023: €50k
2024: €9k
2019 → 2025
Working capital
€-25k
2024 · €7k
2019: €60k
2020: €27k
2021: €11k
2022: €20k
2023: €-18k
2024: €7k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€47k-€47k=€20k▼ 56.3%€30k▲ 44.3%€34k▲ 14.0%
Operating result€113k-€34k▼ 70.1%€69k▲ 103%€15k▼ 78.8%€8k▼ 43.5%
Net result€83k-€24k▼ 71.8%€50k▲ 112%€9k▼ 81.8%€4k▼ 54.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 43% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €289k
Fixed assets
€209k▲ 813%
Current assets
€80k▼ 43.0%
Equity and liabilities €289k
Equity
€34k▲ 14.0%
Debt
€256k▲ 91.3%
The debt ratio rises from 81.9% to 88.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€21k▼
2024 · €31k
Cash flow
€17k▼
2024 · €26k
Solvency
11.6%▼
2024 · 18.1%
Current ratio
0.76▼
2024 · 1.05
Quick ratio
0.76▼
2024 · 1.05
Debt / equity
7.60▲
2024 · 4.53
ROE
12.3%▼
2024 · 30.7%
ROA
1.4%▼
2024 · 5.6%
Interest coverage
11.94▼
2024 · 18.75
Debt
€256k▲
2024 · €134k
Debt ≤ 1 year
€105k▼
2024 · €134k
Debt > 1 year
€150k
Income taxes
€2k▼
2024 · €4k
Staff costs
€59k▲
2024 · €43k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€163k€289k▲
Fixed assets21/28€23k€209k▲
Tangible fixed assets22/27€23k€209k▲
Land and buildings22-€195k
Plant, machinery and equipment23€1k€1k▼
Furniture and vehicles24€18k€11k▼
Other tangible fixed assets26€4k€2k▼
Financial fixed assets28€50€50=
Current assets29/58€140k€80k▼
Amounts receivable within one year40/41€6k€20k▲
Trade receivables40-€20k
Other amounts receivable41€6k-
Cash at bank and in hand54/58€132k€58k▼
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€163k€289k▲
Equity10/15€30k€34k▲
Contributions10/11€19k€19k=
Outside capital11€19k€19k=
Other1109/19€19k€19k=
Reserves13€11k€15k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€9k€13k▲
Amounts payable17/49€134k€256k▲
Amounts payable after more than one year17-€150k
Financial debts170/4-€150k
Amounts payable within one year42/48€134k€105k▼
Trade debts44€4k€3k▼
Suppliers440/4€4k€3k▼
Taxes, remuneration and social security45€6k€18k▲
Taxes450/3€4k€13k▲
Remuneration and social security454/9€3k€6k▲
Other amounts payable47/48€123k€84k▼
Income statement
Code20242025
Remuneration, social security and pensions62€43k€59k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€13k▼
Other operating charges640/8€340€679▲
Gross operating margin9900€75k€80k▲
Operating profit (loss)9901€15k€8k▼
Financial income75/76B€151-
Recurring financial income75€151-
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€13k€6k▼
Income taxes67/77€4k€2k▼
Profit (loss) for the period9904€9k€4k▼
Profit (loss) for the period to be appropriated9905€9k€4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€9k€4k▼
Transfer to equity691/2€9k€4k▼
To other reserves6921€9k€4k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
03-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Weakest financial yearnet €4k ▼54.4%
Net result drops to €4k, the lowest in the series.
2024
13-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
11-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
12-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
13-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Highest result since 2019net €83k ▲121%
Operating result €113k, net result €83k, both a record.
2020
16-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
26-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
21-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Chaumont-Gistoux · 1 establishment unit since 2017
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue des Papeteries 231325 Chaumont-GistouxGround area
770 m²
Building footprint
113 m²
Volume, LiDAR
680 m³
Parcel 25018B0160/00D000, Wallonia · tallest building 6.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MASTER SHOT
since 20172.263.664.749
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25018B0160/00D000 | Wallonia | 770 m² | 1 · 113 m² | 6.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
BLACK MOON
BE 0462.926.857
Namur · Eq €34k
Idily
BE 0425.925.218
Fernelmont · Eq €34k
ANONYMES FILMS
BE 0886.519.622
Sint-Gillis (bij-Brussel) · Eq €33k
ARTIFICIAL PARADISE INC
BE 0567.518.789
Andenne · Eq €34k
NOCTALES
BE 1025.530.619
Antwerpen · Eq €34k
Of 1,323 companies in sector 59111 we hold annual accounts for 688. 525 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-04-2017
Fiscal year end30-06
Activities, NACEBEL
59111Production of cinema films
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.