REAL FILMS
ActiveREAL FILMS has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €553k and a net result of €135k. Equity is growing by ~32.2% per year across the filed fiscal years. Its solvency ranks better than 88% of 1514 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
90
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability95▲+3
Solvency100▲+22
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 6.96 against 1.98 in 2024; short-term debt: 13.3% and cash: 68.2% of total assets), and 13.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 59
Relative position
BE, all sectors
reference
Sector 59
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
86.7%
Return on assets
21.1%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 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 · 6 filingsDeviation from the deadline
2025
21 d late
2024
55 d late
2023
92 d late
2022
78 d late
2021
102 d late
2020
51 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€553k▲ 32.2%
2024 · €418k
2020: €132k
2021: €272k
2022: €423k
2023: €274k
2024: €418k
2020 → 2025
Total assets
€638k▼ 18.6%
2024 · €783k
2020: €210k
2021: €432k
2022: €589k
2023: €798k
2024: €783k
2020 → 2025
Net result
€135k▼ 6.3%
2024 · €144k
2020: €132k
2021: €140k
2022: €151k
2023: €205k
2024: €144k
2020 → 2025
Working capital
€506k▲ 41.4%
2024 · €358k
2020: €116k
2021: €231k
2022: €391k
2023: €257k
2024: €358k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€272k-€423k▲ 55.4%€274k▼ 35.1%€418k▲ 52.4%€553k▲ 32.2%
Operating result€184k-€200k▲ 8.8%€276k▲ 37.8%€189k▼ 31.7%€173k▼ 8.2%
Net result€140k-€151k▲ 7.3%€205k▲ 35.8%€144k▼ 29.7%€135k▼ 6.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 8% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €638k
Fixed assets
€47k▼ 22.7%
Current assets
€591k▼ 18.3%
Equity and liabilities €638k
Equity
€553k▲ 32.2%
Debt
€85k▼ 76.8%
The debt ratio falls from 46.6% to 13.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€189k▼
2024 · €194k
Cash flow
€151k▲
2024 · €149k
Solvency
86.7%▲
2024 · 53.4%
Current ratio
6.96▲
2024 · 1.98
Quick ratio
6.96▲
2024 · 1.98
Debt / equity
0.15▼
2024 · 0.87
ROE
24.4%▼
2024 · 34.4%
ROA
21.1%▲
2024 · 18.4%
Interest coverage
58.21▼
2024 · 140.59
Debt
€85k▼
2024 · €365k
Debt ≤ 1 year
€85k▼
2024 · €365k
Income taxes
€42k▼
2024 · €50k
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€783k€638k▼
Fixed assets21/28€61k€47k▼
Tangible fixed assets22/27€59k€45k▼
Furniture and vehicles24€59k€45k▼
Financial fixed assets28€2k€2k=
Current assets29/58€722k€591k▼
Amounts receivable within one year40/41€45k€155k▲
Trade receivables40€42k€62k▲
Other amounts receivable41€4k€93k▲
Cash at bank and in hand54/58€676k€435k▼
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€783k€638k▼
Equity10/15€418k€553k▲
Contributions10/11€100€100=
Profit (loss) carried forward14€418k€553k▲
Amounts payable17/49€365k€85k▼
Amounts payable within one year42/48€365k€85k▼
Current portion of amounts payable after more than one year42€42k€42k▲
Trade debts44-€8k
Suppliers440/4-€8k
Taxes, remuneration and social security45€108k€35k▼
Taxes450/3€108k€35k▼
Other amounts payable47/48€215k-
Accrued charges and deferred income492/3€626-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€16k▲
Other operating charges640/8€1k€9k▲
Gross operating margin9900€195k€198k▲
Operating profit (loss)9901€189k€173k▼
Financial income75/76B€7k€7k▲
Recurring financial income75€7k€7k▲
Financial charges65/66B€1k€3k▲
Recurring financial charges65€1k€3k▲
Profit (loss) for the period before taxes9903€194k€177k▼
Income taxes67/77€50k€42k▼
Profit (loss) for the period9904€144k€135k▼
Profit (loss) for the period to be appropriated9905€144k€135k▼
Appropriation of the result
Profit (loss) to be appropriated9906€418k€553k▲
Profit (loss) brought forward from the previous period14P€274k€418k▲
The notes to these accounts (7 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
21-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 21 days late
2025
31-12
Financial
Liquidity quadruplescurrent ratio 6.96
Current ratio from 1.98 to 6.96; short-term debt falls from €365k to €85k.
31-12
Financial
Equity above €500kEq €553k ▲32.2%
6 profitable years in a row build equity to €553k.
24-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 55 days late
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 92 days late
2023
31-12
Financial
Highest result since 2020net €205k ▲35.8%
Operating result €276k, net result €205k, both a record.
17-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 78 days late
2022
10-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 102 days late
2021
31-12
Financial
Equity above €200kEq €272k ▲107%
2 profitable years in a row build equity to €272k.
20-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 51 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Elsene · 1 establishment unit since 2019
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.
Renbaanlaan 331050 ElseneGround area
579 m²
Building footprint
560 m²
Volume, LiDAR
8,470 m³
2 parcels, Brussels · tallest building 22.2 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
REAL FILMS
since 20192.308.104.706
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21444B0086/00M011 | Brussels | 310 m² | 1 · 321 m² | 21.6 m · 4 fl. |
| 21808H1141/00D000 | Brussels | 269 m² | 1 · 239 m² | 22.2 m · 6 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.
Similar companies · same sector, comparable size
senstudio
BE 0472.617.355
Antwerpen · Eq €568k
CUWAURT
BE 0449.561.940
Beersel · Eq €537k
Panter
BE 0678.660.696
Olen · Eq €574k
LA NOTTE
BE 0711.701.074
Elsene · Eq €581k
VISUAL CREATIONS
BE 0472.250.240
Gent · Eq €521k
Of 1,059 companies in sector 59120 we hold annual accounts for 451. 253 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-06-2019
Fiscal year end31-12
Activities, NACEBEL
59120Post-production of films, video and television programmes
59130Motion picture, video and television programme production, sound recording and music publishing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 6 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.