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PROC Media

Active
Private limited companyfounded 2024active for 1 yearTramstraat 36, 1853 Grimbergen, BelgiumKBO/BCE: BE 1017.758.246
Summary

PROC Media has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €20,662 and a net result of €15,662. Its solvency ranks better than 60% of 4,314 sector peers (NACE 74, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Activity
Photography, excluding press photography
NACE 74201
1 site
Size
€34,158total assets 2025
Equity
€20,662
Profit
€15,662
Turnover not published (micro format)
Financial health
87 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Structure
2025 accounts 3 days early
Why 87raises riskFounded in 2024Size: total assets €34,158lowers riskSector: Other professional, scientific and technical activities (NACE 74)Figures for financial year 2025 (filed 28-07-2026)Show the evidence

Checked score

Score 2025
87 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 60% of its sector peers (NACE 74, micro)
Financial strength
Strong
Solvency 85
equity 60.5% of total assets
Liquidity 47
short-term debt 39.5% · cash 12.3%
Profitability 100
return on assets 45.9%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (5,422 companies, NACE 74, micro)
Last 24 months 01-2026: 0.5% 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.6%▲ +0.1 percentage points vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.7%▲ +0.1 percentage points vs 05-2026highest value 07-2026: 0.7%● unchanged vs 06-2026highest value 08-2026: 0.3%▼ -0.4 percentage points vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026lowest value
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity ample (current ratio 2.2, above the usual 1.5; short-term debt: 39.5% and cash: 12.3% of total assets), and 39.5% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 62% on solvency, 31% on liquidity and 88% on profitability.

The bankruptcy probability was computed on 27-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Sector: Other professional, scientific and technical activities (NACE 74)
KBO
raises risk · Founded in 2024
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Size: total assets €34,158
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 28-07-2026)
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 28-07-2026, 3 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
3 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. MiscellaneousCorrection · Director in office
  3. IncorporationAppointment: Stijn Branckaert (director) ·…

Financials · financial year 2025, micro format

Equity
€20,662
Total assets
€34,158
Net result
€15,662
Working capital
€16,132

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €34,158
Fixed assets €4,530
Current assets €29,628
Equity and liabilities €34,158
Equity €20,662
Debt €13,496
Debt finances 39.5% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€23,063
Cash flow
€16,627
Current ratio
2.20
Debt to equity
0.65
ROE
75.8%
ROA
45.9%
Interest coverage
51.04
Debt ≤ 1 year
€13,496
Income taxes
€5,990

Peer companies

Historical observation

Of the 11,279 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% still going

For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 11,279 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 33 lines
Balance sheet Code2025
Assets
Total assets20/58€34,158
Fixed assets21/28€4,530
Tangible fixed assets22/27€4,530
Plant, machinery and equipment23€4,530
Current assets29/58€29,628
Amounts receivable within one year40/41€25,419
Trade receivables40€14,820
Other amounts receivable41€10,599
Cash at bank and in hand54/58€4,209
Equity and liabilities
Total equity and liabilities10/49€34,158
Equity10/15€20,662
Contributions10/11€5,000
Reserves13€15,662
Distributable reserves133€15,662
Amounts payable17/49€13,496
Amounts payable within one year42/48€13,496
Taxes, remuneration and social security45€13,496
Taxes450/3€13,496
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€965
Other operating charges640/8€1,785
Gross operating margin9900€24,848
Operating profit (loss)9901€22,098
Financial income75/76B€6
Recurring financial income75€6
Financial charges65/66B€452
Recurring financial charges65€452
Profit (loss) for the period before taxes9903€21,652
Income taxes67/77€5,990
Profit (loss) for the period9904€15,662
Profit (loss) for the period to be appropriated9905€15,662
Appropriation of the result
Profit (loss) to be appropriated9906€15,662
Transfer to equity691/2€15,662
To the legal reserve6920€15,662

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€965
Other operating charges640/8€1,785
Gross operating margin9900€24,848
Operating profit (loss)9901€22,098
Financial income75/76B€6
Recurring financial income75€6
Financial charges65/66B€452
Recurring financial charges65€452
Profit (loss) for the period before taxes9903€21,652
Income taxes67/77€5,990
Profit (loss) for the period9904€15,662
Profit (loss) for the period to be appropriated9905€15,662
Line2025
Assets
Total assets20/58€34,158
Fixed assets21/28€4,530
Tangible fixed assets22/27€4,530
Plant, machinery and equipment23€4,530
Current assets29/58€29,628
Amounts receivable within one year40/41€25,419
Trade receivables40€14,820
Other amounts receivable41€10,599
Cash at bank and in hand54/58€4,209
Equity and liabilities
Total equity and liabilities10/49€34,158
Equity10/15€20,662
Contributions10/11€5,000
Reserves13€15,662
Distributable reserves133€15,662
Amounts payable17/49€13,496
Amounts payable within one year42/48€13,496
Taxes, remuneration and social security45€13,496
Taxes450/3€13,496
Line2025
Profit (loss) for the period9904€15,662
+ Depreciation and write-downs630€965
Operating cash flow (approximation)€16,627

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 28-07-2026 2026-00351759

Similar companies · same sector, comparable size

Of the 14,090 active companies whose main activity is photography, excluding press photography (NACE 74201), figures are known for 2,657. 1,616 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, no change since 2024
Stijn Branckaert
Director (not named in the articles) · since 24-12-2024
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

1 person since 2024, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
Stijn Branckaert
  • Director (not named in the articles), from 24-12-2024 to date
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Shareholders according to the deeds
At incorporation act of 24-12-2024 ↗
  • VAN der MIEREN Seth 100 shares (100%) · €5,000

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 24-12-2024 Incorporation · €5,000 · 100 shares

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

PROC Media was incorporated on 20 December 2024 as a private limited company by one natural person, with a starting capital of €5,000.12 Since 2024, Stijn Branckaert has served as director of the company.2 The company has filed annual accounts once, for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 24-12-2024
  3. 3National Bank, annual accounts 2025

Acts, filings and financial milestones

2026
28-07
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
13-02
Gazette deed Miscellaneous
Correction · Director in office2 facts ▸
  • Correction, “materiële vergissing in publicatie, niet-statutaire bestuurder” (deed in Dutch)
  • Director in office, Seth Van der Mieren (director (not named in the articles))
2024
24-12
Gazette deed Incorporation
Appointment: Stijn Branckaert (director) · Registered office clause · Pre-incorporation commitments7 facts ▸
  • Registered office clause, “1853 Grimbergen,Tramstraat 36” (deed in Dutch)
  • Other provision, “datum verkrijgen alle wettelijke toelatingen, operationele werking” (deed in Dutch)
  • Pre-incorporation commitments, “takeover, rechten en verbintenissen uit rechtshandelingen in haar naam en voor haar rekening voor oprichting” (deed in Dutch)
  • Director appointment, Stijn Branckaert (director (not named in the articles))
  • Incorporation, “PROC Media” (deed in Dutch)
  • Other provision, “oprichter”, founder (deed in Dutch)
  • Founding capital, €5,000
Gazette deedNBB filing
2 of 2 deeds read

Register details

Identification
Legal formPrivate limited company
Founded20-12-2024
Financial year end31-12
Activities, NACEBEL 2025
74201Photography, excluding press photography
74202Other professional, scientific and technical activities
74209Other photographic activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:1017758246
Also 9925:BE1017758246
Registered 30-03-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 27 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Grimbergen · 1 establishment unit since 2024
registered office establishment The establishment unit on the map
Ground area
501 m²
Building footprint
87 m²
Building volume
590 m³
Parcel 23084A0216/00W000, Flanders · tallest building 11.1 m. Linked by address, not a title deed.
1 establishment unit
PROC Media
Tramstraat 36, 1853 GrimbergenPhotography, excluding press photography
since 2024unit no. 2.371.253.882
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
23084A0216/00W000 Flanders 501 m² 1 · 87 m² 11.1 m · 3
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Video’s voor andere bedrijven of particulieren met sociale media of TV als doeleind. Dit kunnen commercials,aftermovies,vlogs,series,losse…” (deed in Dutch)
6 activities (deed in Dutch)
  1. Video’s voor andere bedrijven of particulieren met sociale media of TV als doeleind. Dit kunnen commercials,aftermovies,vlogs,series,losse video’s en meer zijn.
  2. Aanbod van diensten als creative director/videograaf/monteur en lever kwalitatieve en persoonlijke video’s af aan de klant. Ook handelend met een agentschap die nieuwe klantenrelaties opbouwt en bestaande klantenrelaties onderhoudt.
  3. De vennootschap kan overigens ook andere vennootschappen besturen ongeacht het voorwerp van deze vennootschappen,het deelnemen in,het directievoeren over,samenwerken met,of op gelijk welke wijze,rechtstreeks of onrechtstreeks,belangen nemen over ondernemingen,organisaties,samenwerkingsverbanden en vennootschappen,alsook het uitoefenen van de functie van bestuurder,gedelegeerd bestuurder en zaakvoerder.
  4. Het bevorderen van de oprichting van vennootschappen,of nog op te richten vennootschappen.
  5. De vennootschap mag ook in België en in het buitenland alle roerende en onroerende en financiële handelingen stellen,dit alles met inbegrip van het verwerven van zakelijke onroerende rechten zoals vruchtgebruik,opstalrecht en erfpacht. De vennootschap mag het beheer van eigen onroerende goederen uitoefenen,eigen patrimonium uitbouwen.
  6. De vennootschap kan alle rechtshandelingen en daden stellen in rechtstreeks of onrechtstreeks verband met haar maatschappelijk doel. Zij kan dit doen in België en in het buitenland,en voor eigen rekening en voor rekening van derden.

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
PROC Media
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest, bijlagen bij Belgisch Staatsblad” (deed in Dutch)

deed of 24-12-2024

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Met of zonder beperking,zonder bepaling onbepaalde duur, natuurlijke personen of rechtspersonen,al dan niet aandeelhouder” (deed in Dutch)
“Artikel 2:18 Wetboek van vennootschappen en verenigingen, loutere kennisgeving aan bestuursorgaan” (deed in Dutch)
“Zelfde openbaarmaking als eigen naam en voor eigen rekening, geheel van bevoegdheden” (deed in Dutch)
“Bij ontstentenis/afwezigheid waarneming door aanwezige bestuurder aangeduid door bestuursorgaan, bestuursorgaan kan voorzitter benoemen…” (deed in Dutch)
“Voorafgaand akkoord algemene vergadering voor vervreemding,aankoop,hypotheekstelling,verhuringen onroerende goederen en huurovereenkomsten…” (deed in Dutch)
“Vaste of evenredige vergoeding, algemene kosten,los van representatie-,reis-,verplaatsingskosten” (deed in Dutch)
2 more provisions on this in the deed

deed of 24-12-2024

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“100, 1/100ste” (deed in Dutch)

deed of 24-12-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Last Thursday of June at 18:00

deed of 24-12-2024

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Algemene vergadering in vormen vereist voor statutenwijziging, indien voorwaarden ontbinding,vereffening en sluiting in één akte voldaan en…” (deed in Dutch)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
One provision in the deed

deed of 24-12-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Één of meerdere, toezicht commissarissen” (deed in Dutch)
Other provision: “Oproepingen algemene vergadering, e-mail aan aandeelhouders,bestuurders,houders converteerbare obligaties op naam,inschrijvingsrechten op…” (deed in Dutch)
Other provision: “Jaarrekening,jaarverslag en kwijting, goedkeuring jaarrekening” (deed in Dutch)
Other provision: “Eenvoudige beslissing, administratieve zetels,agentschappen,werkhuizen,stapelplaatsen,bijkantoren” (deed in Dutch)
Other provision: “Eigen vermogensrekening, verrichte inbrengen op beschikbare eigen vermogensrekening” (deed in Dutch)
Other provision: “Handelingen/beslissingen binnen dagelijks leven en minder belang of spoed die tussenkomst bestuursorgaan niet rechtvaardigen, dagelijks…” (deed in Dutch)
7 more provisions in the deed, see the deed of 24-12-2024

deed of 24-12-2024