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PHOTO REPUBLIC

Active
Private limited company (pre-2019)founded 2004active for 21 yearsProvinciestraat 11, 2018 Antwerpen, BelgiumKBO/BCE: BE 0869.913.717
Summary

The computed 12-month bankruptcy probability of PHOTO REPUBLIC is 2.1% (moderate). The 2025 annual accounts show equity of €11,294 and a net result of -€3,766. Equity has been shrinking by about 13% per year since 2019. Its solvency ranks better than 23% of 4,342 sector peers (NACE 74, financial year 2025). The company has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 09-11-2004 Normal situation
Activity
Photography, excluding press photography NACE 74201
Financial year end
30 September
Peppol
Not found in the Peppol Directory

Board and ownership

Board
  • INGRID DEUSS BVDirector
  • VAN DER POEL MICHELDirector

Financial position

53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.1%
Annual accounts to 30-09-2025
Gross margin
-€3,766
Loss
€3,766
▲ 75.7%
Equity
€11,294
▼ 25.0%
Total assets
€75,818
▼ 10.0%
  • 2025 accounts filed 35 days after the deadline
Turnover not published (micro format)
Score breakdownraises riskLast filed accounts filed 35 days late; 3 of the last 3 accounts lateLiquidity: current ratio 4.27No registered site in the KBOlowers riskSize: total assets €75,818Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 35% of micro companies in other professional activities (NACE 74)
Financial strength · tick: 2024
Average
Solvency 40-3
equity 14.9% of total assets
Liquidity 83+4
short-term debt 23.4%
Profitability 25-6
return on assets -5.0%
Bankruptcy probability within 12 months
2.1% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (5,430 companies, NACE 74, micro)
Last 24 months 12-2024: 10.9%highest value 01-2025: 10.9%● unchanged vs 12-2024highest value 02-2025: 10.9%● unchanged vs 01-2025highest value 03-2025: 10.9%● unchanged vs 02-2025highest value 04-2025: 10.9%● unchanged vs 03-2025highest value 05-2025: 10.2%▼ -0.7 percentage points vs 04-2025 06-2025: 10.2%● unchanged vs 05-2025 07-2025: 10.2%● unchanged vs 06-2025 08-2025: 10.2%● unchanged vs 07-2025 09-2025: 2.5%▼ -7.7 percentage points vs 08-2025 10-2025: 2.5%● unchanged vs 09-2025 11-2025: 2.5%● unchanged vs 10-2025 12-2025: 2.6%▲ +0.1 percentage points vs 11-2025 01-2026: 2.6%● unchanged vs 12-2025 02-2026: 2.5%▼ -0.1 percentage points vs 01-2026 03-2026: 2.4%▼ -0.1 percentage points vs 02-2026 04-2026: 2.6%▲ +0.2 percentage points vs 03-2026 05-2026: 3.5%▲ +0.9 percentage points vs 04-2026 06-2026: 3.9%▲ +0.4 percentage points vs 05-2026 07-2026: 2.1%▼ -1.8 percentage points vs 06-2026lowest value 08-2026: 2.1%● unchanged vs 07-2026lowest value 09-2026: 2.1%● unchanged vs 08-2026lowest value 10-2026: 2.1%● unchanged vs 09-2026lowest value 11-2026: 2.1%● unchanged vs 10-2026lowest value
Credit of up to €500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.27 (3.76 in 2024), above the usual 1.5. Short-term debt is 23.4% of total assets. However, 85.1% of the assets are financed with debt and provisions.
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 74, micro). It does better than 24% of them on solvency, 75% on liquidity, 21% on profitability and 21% on growth.

The bankruptcy probability was computed on 02-11-2026 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.

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).

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

Signals

Seven signals.
lowers riskraises risk
raises risk · Last filed accounts filed 35 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · Liquidity: current ratio 4.27
NBB · annual accounts
raises risk · No registered site in the KBO
KBO · seat and establishments
lowers risk · Size: total assets €75,818
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
192021232425
2019 to 2025 · latest year -€3,766
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 4342 sector peers (2025).
NBB · sector comparison
Position among 4342 sector peers
Solvency
better than 23%
← weakest strongest →
raises risk · 2025 accounts filed 35 days late
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 04-06-2026, 35 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
35 days late
2024
97 days late
2023
463 days late
2022
1131 days late
2021
2 days early
2020
38 days late
2019
on the day
← 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 252 days after the deadline. In the sector (NACE 74), the median for financial year 2024 was 3 days before the deadline, and 38% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 5 August (4 of the last 5 accounts filed within 367 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end02-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: 3 loss-making years in a rowloss in financial year 2025 -€3,766 View

Recent changes

  1. · Gazette deed Incorporation
All 12 events

Comparable companies

These companies have the same main activity as PHOTO REPUBLIC: photography, excluding press photography (NACE 74201). They are comparable in size and age: total assets between €55,400 and €79,100, founded between 2000 and 2006.

CompanyTotal assetsGross margin
PHOTO REPUBLIC Antwerpen€75,818-€3,766
BLAUW MOMENT Antwerpen€79,133€971
QR-2 Antwerpen€58,805-€5,382
POLET PHOTO PRODUCTION Ukkel€62,086-€4,061
CHILL-OUT PRODUCTIONS Elsene€56,866-€916
PDV PRESS COMPANY Wetteren€55,383€500
Felix Fotocatfé Zedelgem€56,999-€4,370
Full comparison

Key facts about PHOTO REPUBLIC

What is the company number of PHOTO REPUBLIC?
The company number of PHOTO REPUBLIC is 0869.913.717. The VAT number is the same number with BE in front: BE 0869.913.717.
Where is PHOTO REPUBLIC based?
The registered office is at Provinciestraat 11, 2018 Antwerpen.Company details
What does PHOTO REPUBLIC do?
According to the KBO register, the main activity is photography, excluding press photography (NACE 74201).
What is the legal form of PHOTO REPUBLIC?
The legal form of PHOTO REPUBLIC is Private limited company (pre-2019) (BVBA).
When was PHOTO REPUBLIC founded?
PHOTO REPUBLIC was founded on 09-11-2004.
Is PHOTO REPUBLIC still active?
Yes, PHOTO REPUBLIC is an active enterprise in the KBO register.
What is the turnover of PHOTO REPUBLIC?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is PHOTO REPUBLIC profitable?
In financial year 2025, PHOTO REPUBLIC made a loss of €3,766.
Where can I find the annual accounts of PHOTO REPUBLIC?
PHOTO REPUBLIC filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PHOTO REPUBLIC due?
PHOTO REPUBLIC must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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