NeXtFrames Animation Studio
BankruptcySummary
The KBO register records for NeXtFrames Animation Studio the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2024 annual accounts show negative equity (-€652,795) and a net result of -€187,723.
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Open bankruptcy
Source: KBO register
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The procedure
The publication of the judgment is not in our data. Court, date and curator are in RegSol: search by the enterprise number.
What to do now
- Do not deliver on credit any more without an agreement with the curator.
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
222324
2022 to 2024 · latest year -€652,795
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-08-2025, 24 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
24 d late
2023
27 d late
2022
57 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 36 days after the deadline; the sector median for financial year 2024 is 2 days before the deadline, and 41% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment How is the Production of cinema films sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€187,723▲ 61.8%
2023 · -€491,885
Working capital
€683,249▼ 21.7%
2023 · €873,119
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 59, Motion picture, video and television programme production, sound recording and music publishing activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202220232024
Operating result€35,935--€241,451-€187,557▲ 22.3%
Net result€26,814above the sector's middle half--€491,885below the sector's middle half-€187,723below the sector's middle half▲ 61.8%
Equity€26,814within the sector's middle half--€465,071below the sector's middle half-€652,795below the sector's middle half▼ 40.4%
Total assets€1.7mabove the sector's middle half-€3.5mabove the sector's middle half▲ 110%€3.0mwithin the sector's middle half▼ 13.9%
Debt€1.6m-€2.2m▲ 40.1%€1.9m▼ 13.9%
Working capital-€223,090below the sector's middle half-€873,119above the sector's middle half€683,249above the sector's middle half▼ 21.7%
Solvency1.6%below the sector's middle half--13.2%below the sector's middle half▼ 14.8pp-21.5%below the sector's middle half▼ 8.3pp
Current ratio0.84below the sector's middle half-1.40within the sector's middle half▲ 0.561.36within the sector's middle half▼ 0.04
Return on assets (ROA)1.6%within the sector's middle half--14.0%below the sector's middle half▼ 15.5pp-6.2%below the sector's middle half▲ 7.8pp
above
within
below
the middle half (P25 to P75) of NACE 59, Motion picture, video and television programme production, sound recording and music publishing activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €187,557 in 2024 against €241,451 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €3.0m
Fixed assets
€470,816 ▲ 0.5%
Current assets
€2.6m ▼ 16.1%
Key figures and ratios
EBITDA
-€182,505▲
2023 · -€237,263
Cash flow
-€182,672▲
2023 · -€487,698
Debt to equity
-2.88▲
2023 · -4.69
Interest coverage
-1094.81▼
2023 · -0.95
Debt ≤ 1 year
€1.9m▼
2023 · €2.2m
Staff costs
€136,750▼
2023 · €2.4m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | €723,402 | €2.4m | €136,750 | ▼ 94.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,506 | €4,188 | €5,051 | ▲ 20.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €64,569 | - | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | €96,360 | €1.8m | - | - |
| Other operating charges640/8 | €808 | - | €400 | - |
| Gross operating margin9900 | €924,581 | €3.9m | -€45,356 | ▼ 101% |
| Operating profit (loss)9901 | €35,935 | -€241,451 | -€187,557 | ▲ 22.3% |
| Financial income75/76B | €13 | €198 | - | - |
| Recurring financial income75 | €13 | €198 | - | - |
| Financial charges65/66B | €32 | €250,632 | €167 | ▼ 99.9% |
| Recurring financial charges65 | €32 | €250,632 | €167 | ▼ 99.9% |
| Profit (loss) for the period before taxes9903 | €35,916 | -€491,885 | -€187,723 | ▲ 61.8% |
| Income taxes67/77 | €9,102 | - | - | - |
| Profit (loss) for the period9904 | €26,814 | -€491,885 | -€187,723 | ▲ 61.8% |
| Profit (loss) for the period to be appropriated9905 | €26,814 | -€491,885 | -€187,723 | ▲ 61.8% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €1.7m | €3.5m | €3.0m | ▼ 13.9% |
| Fixed assets21/28 | €470,431 | €468,669 | €470,816 | ▲ 0.5% |
| Intangible fixed assets21 | €453,440 | €453,440 | €453,440 | = |
| Tangible fixed assets22/27 | €14,767 | €13,005 | €15,152 | ▲ 16.5% |
| Furniture and vehicles24 | €2,103 | €1,873 | €1,103 | ▼ 41.1% |
| Other tangible fixed assets26 | €12,664 | €11,132 | €14,048 | ▲ 26.2% |
| Financial fixed assets28 | €2,224 | €2,224 | €2,224 | = |
| Current assets29/58 | €1.2m | €3.1m | €2.6m | ▼ 16.1% |
| Amounts receivable within one year40/41 | €1.1m | €3.0m | €2.5m | ▼ 14.6% |
| Trade receivables40 | €1.1m | €2.9m | €2.5m | ▼ 13.3% |
| Other amounts receivable41 | €172 | €51,661 | €7,221 | ▼ 86.0% |
| Cash at bank and in hand54/58 | €76,229 | €89,306 | €29,091 | ▼ 67.4% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €1.7m | €3.5m | €3.0m | ▼ 13.9% |
| Equity10/15 | €26,814 | -€465,071 | -€652,795 | ▼ 40.4% |
| Reserves13 | €26,000 | - | - | - |
| Distributable reserves133 | €26,000 | - | - | - |
| Profit (loss) carried forward14 | €814 | -€465,071 | -€652,795 | ▼ 40.4% |
| Provisions and deferred taxes16 | €96,360 | €1.8m | €1.8m | = |
| Provisions for liabilities and charges160/5 | €96,360 | €1.8m | €1.8m | = |
| Environmental obligations163 | €96,360 | €1.8m | €1.8m | = |
| Amounts payable17/49 | €1.6m | €2.2m | €1.9m | ▼ 13.9% |
| Amounts payable within one year42/48 | €1.4m | €2.2m | €1.9m | ▼ 13.9% |
| Financial debts43 | - | €83 | - | - |
| Credit institutions430/8 | - | €83 | - | - |
| Trade debts44 | €625,814 | €515,454 | €415,929 | ▼ 19.3% |
| Suppliers440/4 | €625,814 | €515,454 | €415,929 | ▼ 19.3% |
| Taxes, remuneration and social security45 | €407,467 | €1.6m | €1.3m | ▼ 13.1% |
| Taxes450/3 | €180,363 | €460,967 | €515,246 | ▲ 11.8% |
| Remuneration and social security454/9 | €227,104 | €1.1m | €832,383 | ▼ 23.6% |
| Other amounts payable47/48 | €401,261 | €117,355 | €117,355 | = |
| Accrued charges and deferred income492/3 | €124,167 | - | - | - |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €26,814 | -€491,885 | -€187,723 | ▲ 61.8% |
| + Depreciation and write-downs630 | €3,506 | €4,188 | €5,051 | ▲ 20.6% |
| Operating cash flow (approximation) | €30,320 | -€487,698 | -€182,672 | ▲ 62.5% |
| Investment in fixed assets (approximation) | - | -€2,426 | -€7,198 | ▼ 197% |
| Change in cash | - | €13,077 | -€60,215 | ▼ 560% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
24-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 24 days late
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 27 days late
2023
31-12
Financial
Weakest financial yearnet -€491,885
Net result drops to -€491,885, the lowest in the series.
26-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 57 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, La Hulpe · 1 establishment unit since 2021
Ground area
3,688 m²
Building footprint
1,246 m²
Parcel 25050B0646/00A000, Wallonia. Linked by address, not a title deed.
21
companies at this address
See who is registered here
1 establishment unit
NeXtFrames Animation Studio
since 20212.324.052.395
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25050B0646/00A000 | Wallonia | 3,688 m² | 1 · 1,246 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,319 companies in sector 59111 we hold annual accounts for 688. 524 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded09-11-2021
Fiscal year end31-12
Abbreviation FR
NeXtFrames Animation
Activities, NACEBEL 2025
59111Production of cinema films
59130Motion picture, video and television programme production, sound recording and music publishing activities
Contact
Website
www.nextframes.com
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.