MIRACLE 8
ActiveSummary
MIRACLE 8 has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5k and a net result of €12k. Equity is shrinking by ~14% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 34% of 1518 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency53▲+53
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers 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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
27.7%
Return on assets
67.3%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 15-04-2026, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 d early
2024
8 d early
2023
25 d early
2022
2 d early
2021
1 d early
2020
on the day
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€5k
2024 · €-7k
2018: €43k
2019: €43k
2020: €45k
2021: €45k
2022: €17k
2023: €42k
2024: €-7k
2018 → 2025
Total assets
€18k▲ 60.3%
2024 · €11k
2018: €59k
2019: €60k
2020: €56k
2021: €76k
2022: €19k
2023: €45k
2024: €11k
2018 → 2025
Net result
€12k
2024 · €-49k
2018: €-34
2019: €-705
2020: €2k
2021: €84
2022: €-28k
2023: €25k
2024: €-49k
2018 → 2025
Working capital
€-346▲ 97.7%
2024 · €-15k
2018: €45k
2019: €42k
2020: €40k
2021: €69k
2022: €13k
2023: €36k
2024: €-15k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€45k-€17k▼ 63.1%€42k▲ 150%€-7k€5k
Operating result€389-€-29k€25k€-49k€12k
Net result€84-€-28k€25k€-49k€12k
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: €12k after a loss of €49k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €18k
Fixed assets
€5k ▼ 36.6%
Current assets
€12k ▲ 352%
Equity and liabilities €18k
Equity
€5k
Debt
€13k
Debt finances 72.3% of the balance-sheet total.
Key figures and ratios
EBITDA
€16k▲
2024 · €-45k
Cash flow
€15k▲
2024 · €-45k
Current ratio
0.97▲
2024 · 0.15
Debt to equity
2.60▲
2024 · -2.58
ROE
242.6%
ROA
67.3%▲
2024 · -440.4%
Interest coverage
55.80▲
2024 · -223.81
Debt ≤ 1 year
€13k▼
2024 · €18k
Income taxes
€235▲
2024 · €188
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 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€11k€18k▲
Fixed assets21/28€8k€5k▼
Tangible fixed assets22/27€8k€5k▼
Furniture and vehicles24€8k€5k▼
Financial fixed assets28€525€525=
Current assets29/58€3k€12k▲
Amounts receivable within one year40/41€2k€8k▲
Trade receivables40€0€5k▲
Other amounts receivable41€2k€3k▲
Cash at bank and in hand54/58€0€4k▲
Deferred charges and accrued income490/1€605€597▼
Equity and liabilities
Total equity and liabilities10/49€11k€18k▲
Equity10/15€-7k€5k▲
Contributions10/11€12k€12k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€591€591=
Profit (loss) carried forward14€-22k€-10k▲
Amounts payable17/49€18k€13k▼
Amounts payable within one year42/48€18k€13k▼
Financial debts43€2k€384▼
Credit institutions430/8€2k€384▼
Trade debts44€3k€8k▲
Suppliers440/4€3k€8k▲
Taxes, remuneration and social security45€156€4k▲
Taxes450/3€156€4k▲
Other amounts payable47/48€13k€0▼
Income statement
Code20242025
Non-recurring operating income76A-€4k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€3k▼
Other operating charges640/8€463€387▼
Gross operating margin9900€-45k€16k▲
Operating profit (loss)9901€-49k€12k▲
Financial income75/76B€640€1▼
Recurring financial income75€640€1▼
Financial charges65/66B€202€284▲
Recurring financial charges65€202€284▲
Profit (loss) for the period before taxes9903€-48k€12k▲
Income taxes67/77€188€235▲
Profit (loss) for the period9904€-49k€12k▲
Profit (loss) for the period to be appropriated9905€-49k€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-22k€-10k▲
Profit (loss) brought forward from the previous period14P€27k€-22k▼
The notes to these accounts (13 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
15-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
22-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Weakest financial yearnet €-49k ▼295%
Net result drops to €-49k, the lowest in the series; recovery starts the following year.
05-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Back to profitnet €25k
Net result €25k after one loss-making year.
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Liquidity times 5current ratio 25.84
Current ratio from 4.70 to 25.84; short-term debt falls from €11k to €3k.
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
29-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Grimbergen · 1 establishment unit since 2008
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.
Voordestraat 671851 GrimbergenGround area
756 m²
Building footprint
144 m²
Volume, LiDAR
647 m³
Parcel 23036A0261/00P000, Flanders · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MIRACLE 8
since 20082.169.842.884
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23036A0261/00P000 | Flanders | 756 m² | 1 · 144 m² | 7.3 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
THE RIGHT ROOM
BE 0835.496.335
Brasschaat · Eq €4,994
RACHID MIR
BE 0656.916.959
Elsene · Eq €5,000
21-K Films
BE 0774.497.587
Elsene · Eq €5,000
ACONIT PRODUCTIONS
BE 0861.318.824
Elsene · Eq €4,793
SOURAT FILMS
BE 0435.117.353
Ukkel · Eq €5,023
Of 1,322 companies in sector 59111 we hold annual accounts for 688. 325 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 (pre-2019)
Founded21-03-2008
Fiscal year end30-09
Activities, NACEBEL 2025
59111Production of cinema films
59112Motion picture, video and television programme production, sound recording and music publishing activities
59113Video and film production, excluding cinema and television films
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:tom@miracle8pictures.com
Phone:02/306.49.84