MEDIA GSM
ActiveSummary
The computed 12-month bankruptcy probability of MEDIA GSM is 8.7% (elevated). The 2025 annual accounts show negative equity (€-20k) and a net result of €65. Equity is shrinking by ~77.2% per year across the filed fiscal years. Its solvency ranks better than 10% of 260 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
34
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69▲+69
Solvency0=
Growth32=
Track record94
Bankruptcy probability, 12 months
8.7%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.47 against 0.54 in 2024; short-term debt: 166.8% and cash: 68.2% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 61
Relative position
BE, all sectors
reference
Sector 61
higher
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
-66.8%
Return on assets
0.2%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 260 sector peers (2025).
NBB · sector comparisonPosition among 260 sector peers
Solvency
better than 10%
← weakest
strongest →
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 28-07-2026, 3 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
3 d early
2024
28 d late
2023
43 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-20k▲ 0.3%
2024 · €-20k
2023: €11k
2024: €-20k
2023 → 2025
Total assets
€30k▲ 25.9%
2024 · €24k
2023: €23k
2024: €24k
2023 → 2025
Net result
€65
2024 · €-34k
2023: €11k
2024: €-34k
2023 → 2025
Working capital
€-27k▼ 32.2%
2024 · €-20k
2023: €11k
2024: €-20k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€11k-€-20k€-20k▲ 0.3%
Operating result€11k-€-34k€3k
Net result€11k-€-34k€65
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €3k after a loss of €34k in 2024.
Balance-sheet composition
Assets €30k
Fixed assets
€7k
Current assets
€24k
Key figures and ratios
EBITDA
€4k
Cash flow
€1k
Solvency
-66.8%▲
2024 · -84.3%
Current ratio
0.47▼
2024 · 0.54
Quick ratio
0.42▼
2024 · 0.46
Debt to equity
-2.50▼
2024 · -2.19
ROA
0.2%▲
2024 · -140.4%
Interest coverage
80.39
Debt
€51k▲
2024 · €45k
Debt ≤ 1 year
€51k▲
2024 · €45k
Income taxes
€2k▲
2024 · €218
Staff costs
€32k▼
2024 · €42k
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 · 2025 against 2024 · 38 lines
Balance sheet
Code20242025
Assets
Total assets20/58€24k€30k▲
Fixed assets21/28-€7k
Tangible fixed assets22/27-€3k
Furniture and vehicles24-€3k
Financial fixed assets28-€4k
Current assets29/58€24k€24k▼
Stocks and contracts in progress3€4k€3k▼
Stocks30/36€4k€3k▼
Amounts receivable within one year40/41€20k€376▼
Trade receivables40€20k€367▼
Other amounts receivable41-€9
Cash at bank and in hand54/58€328€21k▲
Equity and liabilities
Total equity and liabilities10/49€24k€30k▲
Equity10/15€-20k€-20k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€-23k€-23k▲
Amounts payable17/49€45k€51k▲
Amounts payable within one year42/48€45k€51k▲
Trade debts44€9k€4k▼
Suppliers440/4€9k€4k▼
Taxes, remuneration and social security45€24k€28k▲
Taxes450/3€8k€18k▲
Remuneration and social security454/9€16k€11k▼
Other amounts payable47/48€12k€18k▲
Income statement
Code20242025
Goods, raw materials, services and sundry goods60/61€67k€53k▼
Remuneration, social security and pensions62€42k€32k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€1k
Other operating charges640/8-€326
Gross operating margin9900€8k€36k▲
Operating profit (loss)9901€-34k€3k▲
Financial charges65/66B€59€48▼
Recurring financial charges65€59€48▼
Profit (loss) for the period before taxes9903€-34k€2k▲
Income taxes67/77€218€2k▲
Profit (loss) for the period9904€-34k€65▲
Profit (loss) for the period to be appropriated9905€-34k€65▲
Appropriation of the result
Profit (loss) to be appropriated9906€-23k€-23k▲
Profit (loss) brought forward from the previous period14P€11k€-23k▼
The notes to these accounts (9 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
2026
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €65
Net result €65 after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Weakest financial yearnet €-34k ▼407%
Net result drops to €-34k, the lowest in the series; recovery starts the following year.
12-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 43 days late
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, Brussel · 1 establishment unit since 2023
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.
Anspachlaan 1311000 BrusselGround area
933 m²
Building footprint
762 m²
Volume, LiDAR
9,782 m³
Parcel 21811M1121/00P003, Brussels · tallest building 26.5 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
MEDIA GSM
since 20232.344.475.152
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21811M1121/00P003 | Brussels | 933 m² | 1 · 762 m² | 26.5 m · 4 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
GNK'S
BE 0669.598.027
Sint-Gillis (bij-Brussel) · Eq €11,149
MPS CONSULTING
BE 0800.426.677
Courcelles · Eq €11,456
CRISSCROSSING
BE 0476.740.152
Destelbergen · Eq €11,464
MOBILEPOINT
BE 0787.741.057
Aalst · Eq €10,725
C.T.M.S.
BE 0886.482.307
Anzegem · Eq €12,088
Of 1,376 companies in sector 61100 we hold annual accounts for 586. 285 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-04-2023
Fiscal year end31-12
Activities, NACEBEL 2025
47400Retail sale of information and communication equipment
61100Wired, wireless and satellite telecommunications
64190Financial service activities, except insurance and pension funding
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.