PHOTOCORNER

Active

Private limited company (pre-2019)founded 2018active for 8 yearsGeorges Henrilaan 240, 1200 Sint-Lambrechts-Woluwe, BelgiumKBO/BCE: BE 0687.492.250

Summary

The computed 12-month bankruptcy probability of PHOTOCORNER is 5.3% (elevated). For PHOTOCORNER, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show negative equity (-€20,843) and a net result of -€13,214. Equity is shrinking by about 24% per year across the filed financial years. Its solvency ranks better than 10% of 3,343 sector peers (NACE 74, financial year 2022). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.

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PHOTOCORNERActive

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Activity

Photography, excluding press photography

NACE 74201

1 site

Size

€72,870total assets 2022

Equity: -€20,843
Loss: -€13,214

Turnover not published (micro format)

Financial health

Bankruptcy probabilitywithin 12 months: 5.3%

2022 figures too old to score

Structure

Accounts 810 days overdue0 of 1 deed read

Signalsraises risk3 financial years not filed after the legal deadline; latest accounts 68 days late; 3 of the last 3 lateFigures for financial year 2022 (filed 07-10-2023)Two or more financial years not filedlowers riskSector: Other professional, scientific and technical activities (NACE 74)Liquidity: current ratio 0.42, cash €21,062neutralFiled after the deadlineShow the evidence

Bankruptcy probability

No current score

Figures too old

The available figures for FY 2022 are too old to assess current financial health.

Bankruptcy probability: Elevated

Filing: At least two filing cycles are missing

Financial strength, FY 2022 · tick = 2021

Weak

Solvency 0-17

equity -28.6% of total assets

Liquidity 36+9

short-term debt 128.6% · cash 28.9%

Profitability 50-24

return on assets -18.1%

Bankruptcy probability, 12 months

5.3% Elevated

0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (5,413 companies, NACE 74, micro)

Last 24 months 11-2024: 2.6%lowest value 12-2024: 3.2%▲ +0.6 percentage points vs 11-2024 01-2025: 4.3%▲ +1.1 percentage points vs 12-2024 02-2025: 4.3%● unchanged vs 01-2025 03-2025: 4.5%▲ +0.2 percentage points vs 02-2025 04-2025: 4.1%▼ -0.4 percentage points vs 03-2025 05-2025: 4.1%● unchanged vs 04-2025 06-2025: 4.1%● unchanged vs 05-2025 07-2025: 4.1%● unchanged vs 06-2025 08-2025: 5.4%▲ +1.3 percentage points vs 07-2025 09-2025: 5.4%● unchanged vs 08-2025 10-2025: 5.4%● unchanged vs 09-2025 11-2025: 5.8%▲ +0.4 percentage points vs 10-2025highest value 12-2025: 5.8%● unchanged vs 11-2025highest value 01-2026: 5.8%● unchanged vs 12-2025 02-2026: 5.6%▼ -0.2 percentage points vs 01-2026 03-2026: 5.6%● unchanged vs 02-2026 04-2026: 5.6%● unchanged vs 03-2026 05-2026: 5.6%● unchanged vs 04-2026 06-2026: 5.6%● unchanged vs 05-2026 07-2026: 5.6%● unchanged vs 06-2026 08-2026: 5.3%▼ -0.3 percentage points vs 07-2026 09-2026: 5.3%● unchanged vs 08-2026 10-2026: 5.3%● unchanged vs 09-2026

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Signals

Six signals.

lowers riskraises riskneutral

3 financial years not filed after the legal deadline; latest accounts 68 days late; 3 of the last 3 late

NBB · filings

Figures for financial year 2022 (filed 07-10-2023)

NBB · annual accounts

Sector: Other professional, scientific and technical activities (NACE 74)

KBO

Liquidity: current ratio 0.42, cash €21,062

NBB · annual accounts

Two or more financial years not filed

Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.

NBB · 4 filings

Position against the passed deadline

31-12-2023 year end31-07-2024 deadline19-10-2026 today

Filed after the deadline

The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 07-10-2023, 68 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 · 4 filings

Deviation from the deadline

2025

not filed

2024

not filed

2023

not filed

2022

68 days late

2021

117 days late

2020

123 days late

2019

129 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 109 days after the deadline; the sector median (NACE 74) for financial year 2024 is 3 days before the deadline, and 38% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

07-10-2023 Annual accounts filedfinancial year 2022 · micro…
31-12-2022 Weakest financial yearnet -€13,214
25-11-2022 Annual accounts filedfinancial year 2021 · micro…

Key points

Risk: Accounts not fileddeadline was 31-07-2024 810 days late View
Risk: Negative equityfinancial year 2022: debts exceed assets -€20,843 View
Caution: Among the weakest 9% on equitysector median €41,830 · 3,348 companies -€20,843 View