PROPAGANDA Tv
ActivePROPAGANDA Tv has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-7k) and a net result of €8. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 15% of 956 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
51
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69▲+21
Solvency21▲+4
Growth58=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.95 against 0.87 in 2024; short-term debt: 104.4% and cash: 9.3% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-4.4%
Return on assets
0%
Age of the figures
15 mo
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 →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 956 sector peers (2025).
NBB · sector comparisonPosition among 956 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-02-2026, 27 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 · 10 filingsDeviation from the deadline
2025
27 d late
2024
24 d late
2023
20 d early
2022
on the day
2021
39 d early
2020
26 d early
2019
10 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close23-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-7k▲ 0.1%
2024 · €-7k
2019: €53k
2020: €59k
2021: €7k
2022: €-5k
2023: €-12k
2024: €-7k
2019 → 2025
Total assets
€150k▲ 82.6%
2024 · €82k
2019: €89k
2020: €107k
2021: €119k
2022: €41k
2023: €51k
2024: €82k
2019 → 2025
Net result
€8▼ 99.8%
2024 · €5k
2019: €-16k
2020: €6k
2021: €10k
2022: €-12k
2023: €-7k
2024: €5k
2019 → 2025
Working capital
€-8k▲ 24.0%
2024 · €-11k
2019: €55k
2020: €57k
2021: €87
2022: €-12k
2023: €-17k
2024: €-11k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€7k-€-5k€-12k▼ 143%€-7k▲ 43.5%€-7k▲ 0.1%
Operating result€21k-€-12k€-488▲ 95.9%€24k€2k▼ 89.9%
Net result€10k-€-12k€-7k▲ 42.9%€5k€8▼ 99.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 90% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €150k
Fixed assets
€2k▼ 59.3%
Current assets
€149k▲ 90.8%
Key figures and ratios
EBITDA
€6k▼
2024 · €29k
Cash flow
€3k▼
2024 · €10k
Solvency
-4.4%▲
2024 · -8.1%
Current ratio
0.95▲
2024 · 0.87
Quick ratio
0.95▲
2024 · 0.87
Debt / equity
-23.61▼
2024 · -13.37
ROA
0.0%▼
2024 · 6.2%
Interest coverage
13.75▲
2024 · 2.53
Debt
€157k▲
2024 · €89k
Debt ≤ 1 year
€157k▲
2024 · €89k
Income taxes
€2k▼
2024 · €8k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€82k€150k▲
Fixed assets21/28€4k€2k▼
Tangible fixed assets22/27€4k€2k▼
Furniture and vehicles24€4k€2k▼
Financial fixed assets28€180€180=
Current assets29/58€78k€149k▲
Amounts receivable within one year40/41€73k€132k▲
Trade receivables40€73k€132k▲
Other amounts receivable41-€203
Cash at bank and in hand54/58€4k€14k▲
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€82k€150k▲
Equity10/15€-7k€-7k▲
Contributions10/11€6k€6k=
Reserves13€998€998=
Distributable reserves133€998€998=
Profit (loss) carried forward14€-14k€-14k▲
Amounts payable17/49€89k€157k▲
Amounts payable within one year42/48€89k€157k▲
Current portion of amounts payable after more than one year42€2k-
Financial debts43-€86
Credit institutions430/8-€86
Trade debts44€70k€134k▲
Suppliers440/4€70k€134k▲
Taxes, remuneration and social security45€15k€21k▲
Taxes450/3€15k€21k▲
Other amounts payable47/48€3k€2k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€3k▼
Other operating charges640/8€1k-
Gross operating margin9900€30k€6k▼
Operating profit (loss)9901€24k€2k▼
Financial income75/76B€1-
Recurring financial income75€1-
Financial charges65/66B€11k€429▼
Recurring financial charges65€11k€429▼
Profit (loss) for the period before taxes9903€13k€2k▼
Income taxes67/77€8k€2k▼
Profit (loss) for the period9904€5k€8▼
Profit (loss) for the period to be appropriated9905€5k€8▼
Appropriation of the result
Profit (loss) to be appropriated9906€-14k€-14k▲
Profit (loss) brought forward from the previous period14P€-19k€-14k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
24-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 24 days late
2024
30-06
Financial
Back to profitnet €5k
Net result €5k after 2 loss-making years.
11-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
23-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Highest result since 2019net €10k ▲76%
Net result €10k, the highest in the series.
05-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
10-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 10 days late
10-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 375 days late
2019
10-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 587 days late
2017
05-04
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 64 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 acts for this company are 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, Etterbeek · 1 establishment unit since 2008
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.
Louis Schmidtlaan 1191040 EtterbeekGround area
1,457 m²
Building footprint
532 m²
Volume, LiDAR
8,870 m³
2 parcels, Brussels, Wallonia · tallest building 29.8 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
oblige to see
since 20082.174.316.960
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21362B0292/00X006 | Brussels | 1,253 m² | 1 · 333 m² | 29.8 m · 9 fl. |
| 25037D0030/00C009 | Wallonia | 204 m² | 1 · 199 m² | 10.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 318 companies in sector 18200 we hold annual accounts for 114. 59 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded08-08-2008
Fiscal year end30-06
Legal name FR
OBLIGE TO SEE
Activities, NACEBEL
18200Printing and reproduction of recorded media
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.