NICK READ
ActiveSummary
NICK READ has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8k and a net result of €4k. Its solvency ranks better than 30% of 956 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes
Profitability86
Solvency54
Growth-
Track record67
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.29; short-term debt: 71.3% and cash: 38.1% of total assets), and 71.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 18
Relative position
BE, all sectors
reference
Sector 18
lower
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 1 filingDeviation from the deadline
2025
28 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2025, micro schema
Equity
€8k
Total assets
€27k
Net result
€4k
Working capital
€6k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €27k
Fixed assets
€2k
Current assets
€25k
Equity and liabilities €27k
Equity
€8k
Debt
€20k
Debt finances 71.3% of the balance-sheet total.
Key figures and ratios
EBITDA
€10k
Cash flow
€8k
Current ratio
1.29
Debt to equity
2.49
ROE
49.0%
ROA
14.1%
Interest coverage
191512.00
Debt ≤ 1 year
€20k
Income taxes
€2k
Filed annual accounts As filed with the NBB · 2025 · 31 lines
Balance sheet
Code2025
Assets
Total assets20/58€27k
Fixed assets21/28€2k
Tangible fixed assets22/27€2k
Furniture and vehicles24€2k
Current assets29/58€25k
Amounts receivable within one year40/41€15k
Trade receivables40€15k
Other amounts receivable41€76
Cash at bank and in hand54/58€10k
Equity and liabilities
Total equity and liabilities10/49€27k
Equity10/15€8k
Contributions10/11€4k
Profit (loss) carried forward14€4k
Amounts payable17/49€20k
Amounts payable within one year42/48€20k
Trade debts44€2k
Suppliers440/4€2k
Taxes, remuneration and social security45€6k
Taxes450/3€6k
Other amounts payable47/48€12k
Income statement
Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k
Other operating charges640/8€902
Gross operating margin9900€10k
Operating profit (loss)9901€6k
Financial charges65/66B€0
Recurring financial charges65€0
Profit (loss) for the period before taxes9903€6k
Income taxes67/77€2k
Profit (loss) for the period9904€4k
Profit (loss) for the period to be appropriated9905€4k
Appropriation of the result
Profit (loss) to be appropriated9906€4k
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
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
NBB filing
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, Halle · 1 establishment unit since 2025
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.
Smisstraat 491500 HalleGround area
1,430 m²
Building footprint
111 m²
Volume, LiDAR
547 m³
Parcel 23027C0067/00N000, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Smisstraat 49, 1500 Halle
since 20252.371.410.963
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23027C0067/00N000 | Flanders | 1,430 m² | 1 · 111 m² | 9.9 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
FLOW UNLIMITED
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BACK IT UP
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What's Next Media
BE 0803.296.986
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Of 318 companies in sector 18200 we hold annual accounts for 114. 60 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
Founded11-03-2025
Fiscal year end31-12
Activities, NACEBEL 2025
18200Printing and reproduction of recorded media
59113Video and film production, excluding cinema and television films
63920Other information service activities
74209Other photographic activities
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.