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Offline

Active Private limited companyfounded 1994active for 32 yearsVelodroomstraat 74, 2600 AntwerpKBO/BCE: BE 0452.067.510
Offline
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Overview

Lifetime

20 annual accounts with figures on one time axis, 32 filings since 1994
peak €106,109 (2006)
€16,089▼ 60.1%
lowest -€32,106 (2018)
-€10,569▼ €22,844
peak €97,359 (2016)
€65,369▼ 13.9%
€93,995▲ 7.6%
peak 1 FTE (2017)
-not published
Board1 name since 2021
1 directorEls Voorspoels
Documentsfilings and deeds
30-07-20261 day before the deadline
2025micro format
Gross margin from €40,361 to €16,089Loss of €10,569Equity from €75,939 to €65,369

Key points

from the 2025 annual accounts

Liquidity

3.13 was 0.23 in 2024

Short-term debts fell from €84,006 to €8,730.

Filings

32 annual accounts since 1994
AprilJune31 JulyOctober200020102020

Seven of the last ten came late. The 2020 accounts came latest: 44 days after the end of the period.

Position in the sector

-€10,569

Lower net result than 84% of companies in film, video and music. Sector median €5,451 · 1,872 companies.

Checked score

83
Excellent
Financially stronger than 51% of micro companies in film, video and music (NACE 59)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.3% across 2,576 companies (NACE 59, micro).

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024lowest value 02-2025: 0.2%● unchanged vs 01-2025lowest value 03-2025: 0.2%● unchanged vs 02-2025lowest value 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025 08-2025: 0.5%▲ +0.2 percentage points vs 07-2025highest value 09-2025: 0.3%▼ -0.2 percentage points vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.5%▲ +0.2 percentage points vs 07-2026 09-2026: 0.5%● unchanged vs 08-2026 10-2026: 0.5%● unchanged vs 09-2026 11-2026: 0.5%● unchanged vs 10-2026

Financial strength
Strong

66-6equity 41.0% of total assets
100+52short-term debt 5.5%
33-45return on assets -6.6%

Score breakdown

raises risk
Liquidity: current ratio 3.13
Loss of €10,569 (financial year 2025)
lowers risk
Founded in 1994
Size: total assets €159,364
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 59, micro). It does better than 47% of them on solvency, 97% on liquidity, 27% on profitability and 31% on growth.

The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 12,322 companies had the same profile as Offline has now. Each dot stands for 31 companies, two years later.

90.3%
were still trading
8.6%
stopped another way
0.7%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss

Another 0.5% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of Offline itself: 0.5% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 12,322 companies, not a prediction for Offline. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €5,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 3.13 (0.23 in 2024), above the usual 1.5. Short-term debt is 5.5% of total assets. However, 59% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 1994
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Liquidity: current ratio 3.13
NBB · annual accounts
raises risk · Loss of €10,569 (financial year 2025)
NBB · annual accounts
lowers risk · Size: total assets €159,364
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 day early
2024
27 days late
2023
29 days late
2022
30 days late
2021
20 days late
2020
44 days late
2019
19 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 24 days after the deadline. In the sector (NACE 59), the median for financial year 2024 was 2 days before the deadline, and 41% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

EV
Els Voorspoels
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0452067510
Legal-form change · Resignations & appointments Board composition: VOORSPOELS Elisabeth (director (not named in the articles)) · General meeting of 27-11-2023 · Gazette deed
First establishment Velodroomstraat 74, Antwerp
Incorporation published on 25-02-1994 · Gazette deed
All 41 events

Comparable companies

same main activity, similar in size and age
Company
Offline Antwerp €159,364 €16,089 41.0% -
MIR Lanaken €164,370 €18,843 85.8% -
PARAGON PICTURES Antwerp €103,684 €24,733 58.8% -
MOUNT Antwerp €164,839 €12,333 96.0% -
MEDIA SERVICES Huy €126,789 €16,421 53.8% -
VnO MEDIA Perwez €133,047 €14,556 -33.2% -
DOGGYBAG FILMS Uccle €144,660 €29,332 65.8% -

These companies have the same main activity as Offline: production of cinema films (NACE 59111). They are comparable in size and age: total assets between €104,000 and €165,000, founded between 1990 and 2003.

Official details

Source: KBO
Status
Active since 03-02-1994Normal situation
Activity
Production of cinema filmsNACE 59111
Joint committee
227Audiovisual sector · annual accounts 2022
Establishment unit
2.065.794.3502600 Antwerp, since 10-11-1999
Financial year end
31 December
Peppol
Reachable since 11-02-2026
Company details

Annual accounts 2025

€16,089▼ 60.1%
≈ €53,000estimated
€10,569
€65,369▼ 13.9%
€159,364▼ 2.4%
Filing
Filed on 30-07-2026, 1 day before the end of the filing period
Financials

Insights on Offline

Offline files the micro format. That format states no turnover. The gross margin fell from €106,109 in 2006 to €16,089 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 30-07-2026, 1 day before the deadline
€16,089
▼ 60.1%
-€7,774
▼ €23,615
-€10,569
▼ €22,844
€18,574
▲ €83,602
41.0%
▼ 5.5 percentage points
3.13
▲ 2.90

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €53,000. Estimated: probably between €32,000 and €120,000.

Balance sheet

balance sheet total €159,364 on 31-12-2025
What the company ownsHow it is paid for

in euro

Position in the sector

Compare with sector

41.0%

Higher than 44% of 1,871 companies in 2025.

3.13

Higher than 70% of 1,776 companies in 2025.

-6.6%

Higher than 22% of 1,795 companies in 2025.

Offline Middle half of the sector 80% of the sector Micro accounts in film, video and music (NACE 59)

Net result: bottom quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half

Staff

Staff costs divided by the average number of full-time equivalents.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 159,364163,292200,068276,098346,385302,496297,992301,031311,216320,559361,928362,243386,479451,675480,034440,585480,862507,381556,466556,787
20 -------0-----------4,223
21/28 132,060144,313160,746145,888172,102171,820186,112212,336256,623278,148309,776344,877379,797419,104430,268413,344432,228466,183486,988512,859
21 -------0------------
22/27 131,960144,213160,646145,788172,002171,720186,012212,236256,523278,007309,676344,777379,697419,004430,168413,244432,128466,083486,888508,537
22 110,633120,645128,600116,615150,089159,295171,321200,558230,642260,369294,948330,905365,125254,136271,113288,089305,065322,041339,017355,993
23 14,25214,75321,49114,67810,3995,1554,1118,9728,29110,5197,1789,0357,4407,3097,6376,22712,39918,95811,06912,814
24 7,0758,81510,55514,49611,5147,27010,5792,70617,5907,1187,5504,8377,1329,42810,5474,3735,7371,9983,1733,907
26 -------0-----148,131140,871114,556108,927117,236121,928135,823
27 -------0------------
28 100100100100100100100100100141100100100100100100100100100100
29/58 27,30418,97939,322130,210174,283130,676111,88188,69554,59342,41152,15217,3656,68232,57149,76727,24148,63441,19969,47843,928
29 -------0----5,91532,371------
290 -------0----5,91532,371------
291 -------0------------
3 10,500-4,00012,000-49,56432,76144,6757,994-----------
30/36 -------0------------
37 10,500-4,00012,000-49,56432,76144,6757,994-----------
40/41 15,02216,66220,49231,13797,15277,22379,06841,66046,07816,11351,02717,365--49,47426,94847,98638,02069,40043,870
40 14,18816,52920,35831,00397,01977,09070,93541,52746,07816,11351,02717,365--49,47426,94847,98625,53269,40039,670
41 8341331331331331338,133133---------12,488-4,200
50/53 -------0------------
54/58 --14,83086,51777,0761,726511,7504422,698346--2002932936483837858
490/1 1,7822,317-556552,163-6108023,600779-767----2,796--
Balance sheet: equity and liabilities
10/49 159,364163,292200,068276,098346,385302,496297,992301,031311,216320,559361,928362,243386,479451,675480,034440,585480,862507,381556,466556,787
10/15 65,36975,93963,66458,95857,19152,22667,94064,16596,27197,35991,41685,23980,96577,66177,60176,32375,38976,14477,96970,759
10/11 62,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,000
100 -----62,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,000
101 -------0------------
11 -------0------------
1100/10 -------0------------
12 -------0------------
13 12,14312,14312,14312,14312,14312,14312,14312,14334,27135,35929,41623,23918,96516,12316,06315,96915,96915,96915,9698,759
130/1 6,2006,2006,2006,2006,2006,200-0------------
130 -----6,2006,2006,2006,2006,2006,2002,1411,9261,784892798798798798438
1311 6,2006,2006,2006,2006,200---------------
1312 -------0------------
1319 -------0------------
132 -------0------------
133 5,9435,9435,9435,9435,9435,9435,9435,94328,07129,15923,21621,09717,03914,33815,17115,17115,17115,17115,1718,321
14 -8,7741,795-10,479-15,186-16,952-21,918-6,203-9,978------462-462-1,647-2,580-1,825--
15 -------0------------
19 -------0------------
16 -------0------------
160/5 -------0------------
160 -------0------------
161 -------0------------
162 -------0------------
163 -------0------------
164/5 -------0------------
168 -------0------------
17/49 93,99587,354136,403217,141289,194250,270230,052236,866214,946223,200270,512277,004305,514374,014402,433364,263405,473431,238478,496486,028
17 81,133------0--4,95941,10076,288111,755156,079163,675197,572229,711267,494289,823
170/4 -------0--4,95941,10076,288111,755156,079163,675197,572229,711267,494289,823
175 -------0------------
176 -------0------------
178/9 81,133------0------------
42/48 8,73084,006133,056213,793285,846247,270227,052233,866212,920199,322246,967205,330212,975260,259244,355190,754195,057188,643175,431193,866
42 -------0-4,95936,14035,18834,70844,32342,02333,89732,13937,78437,62426,423
43 3,91314,467----17,54124,18718,526-14,5344,7144,99624,4378,63017,17824,92311,97718,01811,633
430/8 3,91314,467----17,54124,18718,526-14,5344,7144,99624,4378,63017,17824,92311,97718,01811,633
439 -------0------------
44 1,7203,1776,0531,4179,0283,06311,30119,53922,45328,86239,84525,54926,73853,78828,32622,29032,60437,44820,83146,297
440/4 1,7203,1776,0531,4179,0283,06311,30119,53922,45328,86239,84525,54926,73853,78828,32622,29032,60437,44820,83146,297
441 -------0------------
46 -------0------13,500-----
45 3,0605,21910,1567,06425,05691712,30421,35126,48021,53416,41320,38710,7277,0406,1336,89011,0954,5975,2486,800
450/3 3,0605,21910,1567,06425,05691712,30414,38319,72019,01416,41320,38710,7277,0406,1336,89011,0954,5975,2486,800
454/9 -------6,9696,7602,520----------
47/48 3861,143116,848205,312251,762243,290185,906168,788145,460143,966140,035119,492135,806130,670145,742110,49994,29696,83793,710102,713
492/3 4,1323,3483,3483,3483,3483,0003,0003,0002,02623,87818,58630,57416,2522,0002,0009,83312,84412,88435,5712,339
Income statement
76A -3,300-----0------------
9900 16,08940,36130,19548,80148,52735,41483,61560,889103,35584,50263,83963,76263,91661,81464,54464,01372,67673,71388,278106,109
62 ------34,62845,94349,71623,122----------
630 20,15520,68319,69241,58138,74436,73938,30039,29047,53845,55647,91248,42147,37543,31840,17639,55846,57846,58251,42543,315
631/4 -------0------2,6432,527---116-
635/8 -------0------------
640/8 3,7093,8382,4004,6511,8571,7982,0792,0162,4171,5101,7241,4673,5262,8741,6861,1541,3501,3162,0411,654
649 -------0------------
66A ----1,50510,874-2,923------------
9901 -7,77415,8418,1032,5686,421-13,9968,608-29,2823,68414,31414,20213,87413,01518,26520,15523,30224,74725,81534,69661,140
75/76B ---432031400-1210---0--746--
75 ---432031400-1210---0--746--
76B -------0------------
65/66B 4,5743,5668978451,6591,7193,2582,8232,2723,7854,9197,1858,69715,38516,63422,36925,50228,38627,38531,996
65 4,5743,5668978451,6591,7193,2582,8232,2723,7854,9197,1858,69715,38516,63422,36925,50228,38627,38531,996
66B -------0------------
9903 -12,34912,2747,2061,7674,965-15,7145,390-32,1061,41210,5419,2946,6904,3182,8803,520933-754-1,8257,31129,144
67/77 -1,779-2,500---1,61502,5004,5973,1162,4161,013-----101-
9904 -10,56912,2744,7061,7674,965-15,7143,775-32,106-1,0885,9436,1774,2733,3052,8803,520933-754-1,8257,21029,144
789 -------0------------
689 -------0------------
9905 -10,56912,2744,7061,7674,965-15,7143,775-32,106-1,0885,9436,1774,2733,3052,8803,520933-754-1,8257,21029,144
Appropriation of the result
9906 -8,7741,795-10,479-15,186-16,952-21,918-6,203-32,106-1,0885,9436,1774,2732,8432,4181,874-1,647-2,580-1,8257,2108,759
14P 1,795-10,479-15,186-16,952-21,918---------------
791/2 -------22,1271,088----832------
691/2 -------0-5,9436,1774,2732,84389294---7,2108,759
691 -------0------------
6920 -------0--4,05921514289294---361438
6921 -------0-5,9432,1194,0582,701-----6,8508,321
694/7 -------0-----2,8202,242-----
694 -------0-----2,8202,242-----
695 -------0------------
696 -------0------------
Social balance sheet
9087 ------1110.6----------
Hours worked1013 ------1,1841,8481,8241,120----------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 12 older financial years (1994-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 30-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 30-07-2026 2026-00383488 PDF
31-12-2024 micro format 27-08-2025 2025-00413318 PDF
31-12-2023 micro format 29-08-2024 2024-00397266 PDF
31-12-2022 micro format 30-08-2023 2023-00399203 PDF
31-12-2021 micro format 20-08-2022 2022-20312216 PDF
31-12-2020 micro format 13-09-2021 2021-67000149 PDF
31-12-2019 micro format 19-08-2020 2020-42600273 PDF
31-12-2018 micro format 31-07-2019 2019-41400106 PDF
31-12-2017 micro format 27-07-2018 2018-39500554 PDF
31-12-2016 micro format 07-08-2017 2017-42300039 PDF
31-12-2015 abbreviated format 29-08-2016 2016-52200129 PDF
31-12-2014 abbreviated format 31-07-2015 2015-37000192 PDF
31-12-2013 abbreviated format 30-07-2014 2014-36100209 PDF
31-12-2012 abbreviated format 01-08-2013 2013-38400277 PDF
31-12-2011 abbreviated format 28-08-2012 2012-47900144 PDF
31-12-2010 abbreviated format 30-08-2011 2011-45900300 PDF
31-12-2009 abbreviated format 30-08-2010 2010-51300374 PDF
31-12-2008 abbreviated format 25-08-2009 2009-61300369 PDF
31-12-2007 abbreviated format 31-07-2008 2008-49900334 PDF
31-12-2006 abbreviated format 05-07-2007 2007-34600381 PDF
31-12-2005 abbreviated format 01-08-2006 2006-57604500 PDF
31-12-2004 abbreviated format 10-08-2005 2005-63601654 PDF
31-12-2003 abbreviated format 02-08-2004 2004-57602054 PDF
31-12-2002 abbreviated format 16-06-2003 2003-24205166 PDF
31-12-2001 abbreviated format 07-06-2002 2002-18500623 PDF
31-12-2000 abbreviated format 12-07-2001 2001-37301051 PDF
31-12-1999 abbreviated format 16-06-2000 2000-23300711 PDF
31-12-1998 abbreviated format 17-06-1999 1999-19300560 PDF
31-12-1997 abbreviated format 01-07-1998 1998-27300177 PDF
31-12-1996 abbreviated format 18-09-1997 1997-44200498 PDF
31-12-1995 abbreviated format 27-06-1996 1996-24301898 PDF
31-12-1994 abbreviated format 19-06-1995 1995-25503539 PDF

Subsidies and aid

Flemish government 2025, 1 entry, €1,792 awarded, €1,792 paid

Retroactieve investeringspremie voor eigenaars van zonnepanelen na afschaffing van terugdraaiende teller
€1,792

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
12,38136,52327,79544,14945,16522,74246,90810,00751,22259,87062,11562,29560,39161,58360,33162,86071,32572,39786,121104,455
9,58632,95724,39843,34843,70921,02442,0767,18446,44951,49954,08952,69450,68046,19743,69740,49145,82344,75658,63672,459
7,9024,25034,54915,36840,53122,44712,0768,11126,05413,92812,81113,5018,06932,15457,10020,67412,62325,77725,5548,882
---71,6879,44275,3491,675-1,6991,308-2,2562,352----930-35526530520-
18,574-65,027-93,734-83,583-111,563-116,594-115,171-145,171-158,327-156,911-194,815-187,965-206,293-227,688-194,588-163,513-146,422-147,444-105,953-149,939
41.0%46.5%31.8%21.4%16.5%17.3%22.8%21.3%30.9%30.4%25.3%23.5%20.9%17.2%16.2%17.3%15.7%15.0%14.0%12.7%
3.130.230.300.610.610.530.490.380.260.210.210.080.030.130.200.140.250.220.400.23
1.920.230.270.550.610.330.350.190.220.210.210.080.030.130.200.140.250.220.400.23
1.441.152.143.685.064.793.393.692.232.292.963.253.774.825.194.775.385.666.146.87
-16.2%16.2%7.4%3.0%8.7%-30.1%5.6%-50.0%-1.1%6.1%6.8%5.0%4.1%3.7%4.5%1.2%-1.0%-2.4%9.2%41.2%
-6.6%7.5%2.4%0.6%1.4%-5.2%1.3%-10.7%-0.3%1.9%1.7%1.2%0.9%0.6%0.7%0.2%-0.2%-0.4%1.3%5.2%
2.7110.2430.9952.2727.23---------------

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€7,902€4,250€34,549€15,368€40,531
€20,155€20,683€19,692€41,581€38,744

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on Offline

The operating result for 2025 is a loss of €7,774, after a profit of €15,841 in 2024. It is the lowest result since 2020.

Debt's share of the balance-sheet total rises from 53.5% to 59.0%. Equity is lower and debt is higher.

Board & ownership

Board

1 director
Els Voorspoels
Director
listed in the 2025 annual accounts, filed on 30-07-2026

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
Els Voorspoels
Director
Boardmandate already running before its first mention
Mandates as a list
  • Els Voorspoels
    • Director, since before 31-12-2021

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Contribution
€62,000
Source
2025 annual accounts

Articles of association

deed of 07-12-2023 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 1 director
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Monday of June at 09:00

Network & group

No group

Offline has no parent and no holdings in its annual accounts. Els Voorspoels is the only director. Offline shares no director with another company.

Timeline

Timeline

41 events since 1994

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 1 day before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:0452067510
2025
Liquidity more than 13 times current ratio 3.13 The current ratio rises from 0.23 to 3.13. Short-term debt falls from €84,006 to €8,730.
Annual accounts 2024 filed PDFmicro format · 27 days late
2024
Annual accounts 2023 filed PDFmicro format · 29 days late
2023
Legal-form change · Resignations & appointmentsBoard composition: VOORSPOELS Elisabeth (director (not named in the articles)) · General meeting of 27-11-20234 points ▸
  • Board composition, VOORSPOELS Elisabeth (director (not named in the articles))
  • Registered office clause, Velodroomstraat 74, 2600 Antwerpen
  • General meeting, 27-11-2023
  • 332 shares
  • The deed holds 3 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2022 filed PDFmicro format · 30 days late
2022
Annual accounts 2021 filed PDFmicro format · 20 days late
2021
Back to profit net €4,965 The net result is €4,965, after one loss-making year.
Annual accounts 2020 filed PDFmicro format · 44 days late
2020
Annual accounts 2019 filed PDFmicro format · 19 days late
2019
Back to profit net €3,775 The net result is €3,775, after 2 loss-making years.
Annual accounts 2018 filed PDFmicro format · on the deadline day
2018
Weakest financial year net -€32,106 The net result drops to -€32,106, the lowest from 2006 to 2025. It recovers the following year.
Annual accounts 2017 filed PDFmicro format · 4 days before the deadline
2017
Annual accounts 2016 filed PDFmicro format · 7 days late
2016
Annual accounts 2015 filed PDFabbreviated format · 29 days late
2015
Annual accounts 2014 filed PDFabbreviated format · on the deadline day
2014
Annual accounts 2013 filed PDFabbreviated format · 1 day before the deadline
2013
Annual accounts 2012 filed PDFabbreviated format · 1 day late
2012
Annual accounts 2011 filed PDFabbreviated format · 28 days late
2011
Annual accounts 2010 filed PDFabbreviated format · 30 days late
2010
Back to profit net €933 The net result is €933, after 2 loss-making years.
Annual accounts 2009 filed PDFabbreviated format · 30 days late
2009
Annual accounts 2008 filed PDFabbreviated format · 25 days late
2008
Annual accounts 2007 filed PDFabbreviated format · on the deadline day
2007
Annual accounts 2006 filed PDFabbreviated format · 26 days before the deadline
2006
Annual accounts 2005 filed PDFabbreviated format
2005
Annual accounts 2004 filed PDFabbreviated format
2004
Annual accounts 2003 filed PDFabbreviated format
2003
Annual accounts 2002 filed PDFabbreviated format
2002
Annual accounts 2001 filed PDFabbreviated format
2001
Annual accounts 2000 filed PDFabbreviated format
2000
Annual accounts 1999 filed PDFabbreviated format
1999
First establishment Velodroomstraat 74, Antwerp
Annual accounts 1998 filed PDFabbreviated format
1998
Annual accounts 1997 filed PDFabbreviated format
1997
Annual accounts 1996 filed PDFabbreviated format
1996
Annual accounts 1995 filed PDFabbreviated format
1995
Annual accounts 1994 filed PDFabbreviated format
1994
Incorporation published on 25-02-1994

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 3 February 1994, Offline was incorporated.1 Els Voorspoels is director of the company according to the 2025 annual accounts.2 Total assets went from €301,031 in 2018 to €159,364 in 2025.3

  1. 1KBO register
  2. 2National Bank, annual accounts 2025
  3. 3National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0452.067.510
VAT number
BE 0452.067.510
Peppol ID
0208:0452067510
Other Peppol ID
9925:BE0452067510
Legal form
Private limited company
Status
Active, normal situation
Founded
03-02-1994
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Monday of June at 09:00
deed of 07-12-2023 (in Dutch)
Peppol
Reachable since 11-02-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
Offline in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 07-12-2023 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 07-12-2023 (in Dutch)

Activities

NACEBEL 2025
59111 Production of cinema films main activity
Joint committees annual accounts 2022
JC 227 Audiovisual sector
Codes under NACEBEL 2008
59111 Production of cinema films main activity
Codes under NACEBEL 2003
92111 main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Het ter beschikking stellen van faciliteiten,zowel in apparatuur als in diensten,ter voorbereiding,vervaardiging of afwerking van…”
3 activities
  1. Het ter beschikking stellen van faciliteiten,zowel in apparatuur als in diensten,ter voorbereiding,vervaardiging of afwerking van programma’s of programma-onderdelen,zowel wat beeld als wat klank betreft,voor uitzending,privaat of industrieel gebruik,reclame,ontspanning,informatie,scholing,promotie en dergelijke,op optische of magnetische drager.
  2. De productie,realisatie,aankoop,exploitatie,vertoning,verkoop en distributie in binnen- en buitenland van afgewerkte programma’s of programma-onderdelen.
  3. De aankoop,leasing,huur,verhuur en verkoop alsook de invoer of uitvoer van toestellen ter realisatie van beeld- en/of klankopnamen,montage,kopiëren of distributie van programma’s of programma-onderdelen op optische of magnetische drager,foto,dia,video of film.
deed of 07-12-2023 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Velodroomstraat 74 registered office 2600 Antwerp 5913001 Motion picture, video and television programme production, sound recording and music publishing activities 10-11-1999 2.065.794.350

Buildings and parcels at the address

Ground area
405 m²
Buildings
185 m²
Volume, LiDAR
809 m³
Tallest building
16.3 m
Buildings to scale, each on its own parcel
185 m², 16.3 m 185 m², 16.3 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
11302A0014/00W004
ProtectedMonument · Townscape or village viewHuizengroep Scaldis: burgerhuisSource ↗
405 m² 1 · 185 m² 16.3 m · 1

1 of these parcels carries protected heritage. Expect extra rules on renovation or sale.

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