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MEDIA WORLD

Active
Private limited companyfounded 199332 yrs activeSint Antoniusstraat 15, 2300 Turnhout, BelgiumKBO/BCE: BE 0451.603.492

MEDIA WORLD has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €133k and a net result of €3k. Equity is growing by ~31.9% per year across the filed fiscal years. Its solvency ranks better than 56% of 15868 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2024
64 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability53▼-29
Solvency72▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 1.83 against 1.87 in 2023; short-term debt: 52.8% and cash: 14.2% of total assets), but 52.8% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 32 years 0 40 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
61 d late
2023
14 d early
2022
4 d early
2021
10 d late
2020
51 d late
2019
67 d late
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€133k▲ 2.0%
2023 · €130k
2018: €-52k 2019: €-17k 2020: €56k 2021: €98k 2022: €118k 2023: €130k
2018 → 2024
Total assets
€281k▲ 5.1%
2023 · €268k
2018: €217k 2019: €239k 2020: €281k 2021: €266k 2022: €238k 2023: €268k
2018 → 2024
Net result
€3k▼ 91.0%
2023 · €29k
2018: €-86k 2019: €35k 2020: €73k 2021: €42k 2022: €20k 2023: €29k
2018 → 2024
Working capital
€123k▲ 2.8%
2023 · €120k
2018: €-75k 2019: €-42k 2020: €37k 2021: €114k 2022: €106k 2023: €120k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€56k-€98k▲ 75.0%€118k▲ 20.9%€130k▲ 10.5%€133k▲ 2.0%
Operating result€92k-€69k▼ 24.7%€32k▼ 54.3%€45k▲ 41.5%€5k▼ 89.1%
Net result€73k-€42k▼ 42.5%€20k▼ 51.3%€29k▲ 42.2%€3k▼ 91.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€25k€50k€75k€100kOperating result 2020: €92k€92kNet result 2020: €73k€73kOperating result 2021: €69k€69kNet result 2021: €42k€42kOperating result 2022: €32k€32kNet result 2022: €20k€20kOperating result 2023: €45k€45kNet result 2023: €29k€29kOperating result 2024: €5k€5kNet result 2024: €3k€3k20202021202220232024
The operating result falls in 2024; 2024 is 89% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €281k
Fixed assets €10k▼ 7.4%
Current assets €272k▲ 5.6%
Equity and liabilities €281k
Equity €133k▲ 2.0%
Debt €149k▲ 8.0%
The debt ratio rises from 51.3% to 52.8%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€6k
2023 · €46k
Cash flow
€3k
2023 · €30k
Solvency
47.2%
2023 · 48.7%
Current ratio
1.83
2023 · 1.87
Quick ratio
1.01
2023 · 1.17
Debt / equity
1.12
2023 · 1.06
ROE
2.0%
2023 · 22.2%
ROA
0.9%
2023 · 10.8%
Interest coverage
3.96
2023 · 26.86
Debt
€149k
2023 · €137k
Debt ≤ 1 year
€149k
2023 · €137k
Income taxes
€1k
2023 · €15k
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€268k€281k
Fixed assets21/28€11k€10k
Tangible fixed assets22/27€3k€2k
Plant, machinery and equipment23€3k€2k
Financial fixed assets28€8k€8k=
Current assets29/58€257k€272k
Stocks and contracts in progress3€97k€121k
Stocks30/36€97k€121k
Amounts receivable within one year40/41€82k€108k
Trade receivables40€82k€99k
Other amounts receivable41-€9k
Cash at bank and in hand54/58€65k€40k
Deferred charges and accrued income490/1€13k€3k
Equity and liabilities
Total equity and liabilities10/49€268k€281k
Equity10/15€130k€133k
Contributions10/11€2k€2k=
Reserves13€128k€131k
Distributable reserves133€128k€131k
Amounts payable17/49€137k€149k
Amounts payable within one year42/48€137k€149k
Current portion of amounts payable after more than one year42€854€766
Trade debts44€89k€120k
Suppliers440/4€89k€120k
Taxes, remuneration and social security45€29k€9k
Taxes450/3€29k€9k
Other amounts payable47/48€19k€19k=
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€787€787=
Other operating charges640/8€219€271
Gross operating margin9900€46k€6k
Operating profit (loss)9901€45k€5k
Financial income75/76B€398€333
Recurring financial income75€398€333
Financial charges65/66B€2k€1k
Recurring financial charges65€2k€1k
Profit (loss) for the period before taxes9903€44k€4k
Income taxes67/77€15k€1k
Profit (loss) for the period9904€29k€3k
Profit (loss) for the period to be appropriated9905€29k€3k
Appropriation of the result
Profit (loss) to be appropriated9906€29k€3k
Transfer to equity691/2€29k€3k
To other reserves6921€29k€3k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
30-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
17-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
27-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Equity above €100kEq €118k ▲20.9%
4 profitable years in a row build equity to €118k.
10-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 10 days late
2021
20-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 51 days late
2020
31-12
Financial Highest result since 2018net €73k ▲106%
Operating result €92k, net result €73k, both a record.
06-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 67 days late
2019
31-12
Financial Back to profitnet €35k
Net result €35k after one loss-making year.
29-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
24-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 24 days late
2016
29-07
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
4 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, Turnhout · 1 establishment unit since 2017
establishment The establishment unit on the map
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.

Sint Antoniusstraat 152300 Turnhout
Ground area
244 m²
Parcel 13454Q0465/00S003, Flanders. Linked by address, not a title deed.
1 establishment unit
Alpha Turnhout
Sint Antoniusstraat 15, 2300 TurnhoutRetail trade
since 20172.263.917.147
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13454Q0465/00S003 Flanders 244 m² - -
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

Of 977 companies in sector 46431 we hold annual accounts for 705. 513 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded16-12-1993
Fiscal year end31-12
Activities, NACEBEL
46431Wholesale of electrical household appliances and audio-video equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.