Record Run
ActiveRecord Run has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-2k) and a net result of €-6k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 14% of 1505 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
12
/ 100
Critical▼ -59 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency41▲+21
Growth32▼-26
Stability100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.86 against 1.06 in 2024), and equity is negative.
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 · 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
-10.9%
Return on assets
-27.4%
Age of the figures
9 mo
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 · 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 · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€2k
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
18 d late
2023
30 d late
2022
11 d early
2021
22 d late
2020
27 d late
2019
28 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-2k
2024 · €3k
2018: €18k
2019: €6k
2020: €3k
2021: €24k
2022: €27k
2023: €2k
2024: €3k
2018 → 2025
Total assets
€21k▼ 30.4%
2024 · €30k
2018: €35k
2019: €25k
2020: €17k
2021: €40k
2022: €46k
2023: €26k
2024: €30k
2018 → 2025
Net result
€-6k
2024 · €1k
2018: €-4k
2019: €-12k
2020: €-3k
2021: €21k
2022: €3k
2023: €-25k
2024: €1k
2018 → 2025
Working capital
€-3k
2024 · €2k
2018: €16k
2019: €6k
2020: €3k
2021: €24k
2022: €28k
2023: €-724
2024: €2k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€24k-€27k▲ 12.1%€2k▼ 92.9%€3k▲ 75.5%€-2k
Operating result€22k-€3k▼ 84.4%€-24k€3k€-4k
Net result€21k-€3k▼ 86.3%€-25k€1k€-6k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €4k after €3k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €21k
Fixed assets
€1k▼ 43.5%
Current assets
€19k▼ 29.5%
Key figures and ratios
EBITDA
€-3k▼
2024 · €4k
Cash flow
€-5k▼
2024 · €2k
Solvency
-10.9%▼
2024 · 11.5%
Current ratio
0.86▼
2024 · 1.06
Quick ratio
0.86▼
2024 · 1.06
Debt / equity
-10.19▼
2024 · 7.68
ROE
252.0%▲
2024 · 43.0%
ROA
-27.4%▼
2024 · 5.0%
Interest coverage
-1.51▼
2024 · 2.87
Debt
€23k▼
2024 · €26k
Debt ≤ 1 year
€23k▼
2024 · €26k
Income taxes
€136▼
2024 · €162
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€30k€21k▼
Fixed assets21/28€2k€1k▼
Tangible fixed assets22/27€2k€1k▼
Plant, machinery and equipment23€2k€1k▼
Financial fixed assets28€25-
Current assets29/58€28k€19k▼
Amounts receivable within one year40/41€20k€18k▼
Trade receivables40€20k€18k▼
Cash at bank and in hand54/58€625-
Deferred charges and accrued income490/1€7k€1k▼
Equity and liabilities
Total equity and liabilities10/49€30k€21k▼
Equity10/15€3k€-2k▼
Contributions10/11€12k€12k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-11k€-16k▼
Amounts payable17/49€26k€23k▼
Amounts payable within one year42/48€26k€23k▼
Current portion of amounts payable after more than one year42-€495
Trade debts44€14k€13k▼
Suppliers440/4€14k€13k▼
Taxes, remuneration and social security45€6k€2k▼
Taxes450/3€4k€2k▼
Remuneration and social security454/9€2k-
Other amounts payable47/48€6k€7k▲
Accrued charges and deferred income492/3€60-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€790€790=
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€638
Other operating charges640/8€2k€2k▲
Gross operating margin9900€5k€-275▼
Operating profit (loss)9901€3k€-4k▼
Financial income75/76B€1-
Recurring financial income75€1-
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€2k€-6k▼
Income taxes67/77€162€136▼
Profit (loss) for the period9904€1k€-6k▼
Profit (loss) for the period to be appropriated9905€1k€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-11k€-16k▼
Profit (loss) brought forward from the previous period14P€-12k€-11k▲
The notes to these accounts (5 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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
18-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 18 days late
2024
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Weakest financial yearnet €-25k ▼963%
Net result drops to €-25k, the lowest in the series; recovery starts the following year.
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
31-12
Financial
Back to profitnet €21k
Net result €21k after 3 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 2.54
Current ratio from 1.21 to 2.54.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
06-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
05-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Gent · 1 establishment unit since 2006
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.
Scandinaviëstraat 739000 GentGround area
3,737 m²
Building footprint
1,140 m²
Volume, LiDAR
57,569 m³
Parcel 44807G0710/00D004, Flanders · tallest building 69.8 m, ±17 floors. Linked by address, not a title deed.
1 establishment unit
Record Run
since 20062.151.433.076
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44807G0710/00D004 | Flanders | 3,737 m² | 1 · 1,140 m² | 69.8 m · 17 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
AFTERTOUCH STUDIO
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LIVE IS LIFE
BE 0864.869.024
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AUDIT et MARKETING INVESTIGATIONS
BE 0451.909.637
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West Park Productions
BE 0669.864.479
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WILD MEDIA
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Of 1,058 companies in sector 59120 we hold annual accounts for 451. 140 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded12-01-2006
Fiscal year end31-12
Activities, NACEBEL
59120Post-production of films, video and television programmes
92114
46492Wholesale trade
47400Retail sale of information and communication equipment
47410Retail trade
51475
52487
59113Video and film production, excluding cinema and television films
92113
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.