Financials
- Financial year
- 2025
- Total assets
- €23,581
- Loss
- -€21,890
- Solvency
- -201.5%
Total assets▼ 14.9%
Net result
20222025
MEDIA 112
ActiveThe file of MEDIA 112 contains 3 judicial reorganisation notices, as published in the Belgian Official Gazette.
Summary
The computed 12-month bankruptcy probability is at least 25% (high). The 2025 annual accounts show negative equity (-€47,521) and a net result of -€21,890. Equity is shrinking by about 70% per year across the filed financial years. Its solvency ranks better than 5% of 20,828 sector peers (NACE 62, financial year 2025).
Overview
Activity
Computer programming
NACE 62100
1 site
Size
€23,581total assets 2025
- Equity
- -€47,521
- Loss
- -€21,890
Turnover not published (micro format)
Structure
Accounts filed 63 days late3 of 6 deeds read
Why 6raises riskReorganisation plan being carried out (approved, Gazette 12-03-2026)2 changes of registered office in 24 monthslowers riskSector: Computer programming, consultancy and related activities (NACE 62)Size: total assets €23,581Show the evidence
Checked score
Score 2025
6
/ 100
Critical
Probability in this band: over 15.0%
Financially better than 4% of its sector peers (NACE 62, micro)
Financial strength · tick = 2024
Weak
Solvency
0=
equity -201.5% of total assets
Liquidity
3-11
short-term debt 301.5% · cash 2.3%
Profitability
0=
return on assets -92.8%
Bankruptcy probability, 12 months
≥ 25%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 3 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.5%
12-2024: 1.5%● unchanged vs 11-2024
01-2025: 1.3%▼ -0.2 percentage points vs 12-2024
02-2025: 1.3%● unchanged vs 01-2025
03-2025: 1.3%● unchanged vs 02-2025
04-2025: 1.3%● unchanged vs 03-2025lowest value
05-2025: 1.3%● unchanged vs 04-2025
06-2025: 1.3%● unchanged vs 05-2025
07-2025: 1.3%● unchanged vs 06-2025
08-2025: 1.9%▲ +0.6 percentage points vs 07-2025
09-2025: 2.3%▲ +0.4 percentage points vs 08-2025
10-2025: 3.4%▲ +1.1 percentage points vs 09-2025
11-2025: 4.0%▲ +0.6 percentage points vs 10-2025
12-2025: 4.0%● unchanged vs 11-2025
04-2026: 24.4%
05-2026: 24.5%▲ +0.1 percentage points vs 04-2026
06-2026: ≥ 25%▲ +0.5 percentage points vs 05-2026
07-2026: ≥ 25%● unchanged vs 06-2026
08-2026: ≥ 25%● unchanged vs 07-2026
09-2026: ≥ 25%● unchanged vs 08-2026highest value
10-2026: ≥ 25%● unchanged vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.26, compared with 0.41 in 2024; short-term debt: 301.5% and cash: 2.3% of total assets), and equity is negative.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 62, micro): better than 3% on solvency, 2% on liquidity, 5% on profitability and 7% on growth.
The bankruptcy probability was computed on 10-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Six signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
22232425
2022 to 2025 · latest year -€47,521
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-10-2026, 63 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
63 days late
2024
61 days late
2023
22 days late
2022
25 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 43 days after the deadline; the sector median (NACE 62) for financial year 2024 is 9 days before the deadline, and 33% 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 12 September (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
11-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · micro…
- Resignations & appointmentsGeneral meeting
- Plan homologationEnterprise Court of Walloon Brabant…
Key points
- Risk: Negative equityfinancial year 2025: debts exceed assets -€47,521 View
- Risk: 4 loss-making years in a rowloss financial year 2025 -€21,890 View
- Caution: Among the weakest 5% on solvencysector median 60.1% · 20,828 companies -201.5% View
- Caution: Latest accounts filed lateafter the legal deadline 63 days View
By topic
Timeline
- Events
- 11
- Since
- 2023
- Next accounts
- by 31-07-2027
- 11-03-2026Registered office
- 12-02-2026Extension
- 31-12-2025Weakest financial year
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Computer programmingNACE 62100
- Founded
- 26-04-2021
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 1
See the provisions in the deeds
Go to Articles of associationGo further with this company
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