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REDHEAD.TV

Active
Private limited companyfounded 201610 yrs activeLaconiastraat 3, 8000 Brugge, BelgiumKBO/BCE: BE 0648.900.009

REDHEAD.TV has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €300k and a net result of €18k. Equity is growing by ~31.2% per year across the filed fiscal years. Its solvency ranks better than 34% of 1934 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

Score 2024
84 / 100
Excellent▲ +8 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability30▲+8
Solvency66▲+5
Growth52=
Stability100
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 4.24 against 3.42 in 2023), but 71.8% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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 →
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-07-2025, 13 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
not confirmed
2024
13 d early
2023
1 d early
2022
3 d early
2021
3 d early
2020
43 d early
2019
on the day
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€300k▲ 6.5%
2023 · €282k
2018: €65k 2019: €95k 2020: €135k 2021: €252k 2022: €269k 2023: €282k
2018 → 2024
Total assets
€1.06M▼ 2.5%
2023 · €1.09M
2018: €178k 2019: €219k 2020: €264k 2021: €462k 2022: €566k 2023: €1.09M
2018 → 2024
Net result
€18k▲ 46.3%
2023 · €12k
2018: €22k 2019: €30k 2020: €40k 2021: €118k 2022: €60k 2023: €12k
2018 → 2024
Working capital
€286k▲ 3.9%
2023 · €275k
2018: €85k 2019: €111k 2020: €146k 2021: €281k 2022: €331k 2023: €275k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€135k-€252k▲ 87.4%€269k▲ 6.6%€282k▲ 4.6%€300k▲ 6.5%
Operating result€57k-€168k▲ 196%€89k▼ 47.3%€40k▼ 54.5%€51k▲ 26.7%
Net result€40k-€118k▲ 191%€60k▼ 48.8%€12k▼ 79.4%€18k▲ 46.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100k€150kOperating result 2020: €57k€57kNet result 2020: €40k€40kOperating result 2021: €168k€168kNet result 2021: €118k€118kOperating result 2022: €89k€89kNet result 2022: €60k€60kOperating result 2023: €40k€40kNet result 2023: €12k€12kOperating result 2024: €51k€51kNet result 2024: €18k€18k20202021202220232024
The operating result recovers in 2024; 2024 is 27% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.06M
Fixed assets €689k▼ 1.8%
Current assets €374k▼ 3.8%
Equity and liabilities €1.06M
Equity €300k▲ 6.5%
Debt €763k▼ 5.6%
The debt ratio falls from 74.2% to 71.8%: equity grows while debt is paid down.
Key figures and ratios
2024 value · change against 2023
EBITDA
€102k
2023 · €155k
Cash flow
€69k
2023 · €127k
Solvency
28.2%
2023 · 25.8%
Current ratio
4.24
2023 · 3.42
Quick ratio
4.24
2023 · 3.42
Debt / equity
2.54
2023 · 2.87
ROE
6.1%
2023 · 4.4%
ROA
1.7%
2023 · 1.1%
Interest coverage
4.80
2023 · 7.26
Debt
€763k
2023 · €809k
Debt ≤ 1 year
€88k
2023 · €114k
Debt > 1 year
€675k
2023 · €654k
Income taxes
€12k
2023 · €7k
Staff costs
€119k
2023 · €106k
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€1.09M€1.06M
Fixed assets21/28€702k€689k
Intangible fixed assets21€26k€19k
Tangible fixed assets22/27€675k€670k
Land and buildings22€609k€608k
Plant, machinery and equipment23€35k€37k
Furniture and vehicles24€30k€24k
Other tangible fixed assets26€1k€917
Financial fixed assets28€224€224=
Current assets29/58€389k€374k
Amounts receivable within one year40/41€114k€71k
Trade receivables40€79k€70k
Other amounts receivable41€35k€48
Cash at bank and in hand54/58€267k€303k
Deferred charges and accrued income490/1€8k-
Equity and liabilities
Total equity and liabilities10/49€1.09M€1.06M
Equity10/15€282k€300k
Contributions10/11€1k€1k=
Reserves13€281k€299k
Distributable reserves133€281k€299k
Amounts payable17/49€809k€763k
Amounts payable after more than one year17€654k€675k
Financial debts170/4€538k€538k=
Other amounts payable178/9€116k€137k
Amounts payable within one year42/48€114k€88k
Current portion of amounts payable after more than one year42€38k-
Trade debts44€38k€35k
Suppliers440/4€38k€35k
Advances received on contracts in progress46-€5k
Taxes, remuneration and social security45€38k€48k
Taxes450/3€21k€28k
Remuneration and social security454/9€17k€20k
Accrued charges and deferred income492/3€41k-
Income statement Code20232024
Non-recurring operating income76A€7k-
Remuneration, social security and pensions62€106k€119k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€115k€51k
Other operating charges640/8€2k€2k
Gross operating margin9900€263k€222k
Operating profit (loss)9901€40k€51k
Financial income75/76B€250€11
Recurring financial income75€250€11
Financial charges65/66B€21k€21k
Recurring financial charges65€21k€21k
Profit (loss) for the period before taxes9903€19k€30k
Income taxes67/77€7k€12k
Profit (loss) for the period9904€12k€18k
Profit (loss) for the period to be appropriated9905€12k€18k
Appropriation of the result
Profit (loss) to be appropriated9906€12k€18k
Transfer to equity691/2€12k€18k
To other reserves6921€12k€18k

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
18-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Weakest financial yearnet €12k ▼79.4%
Net result drops to €12k, the lowest in the series; recovery starts the following year.
28-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
28-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Highest result since 2018net €118k ▲191%
Operating result €168k, net result €118k, both a record.
31-12
Financial Equity above €200kEq €252k ▲87.4%
4 profitable years in a row build equity to €252k.
18-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Equity above €100kEq €135k ▲41.7%
3 profitable years in a row build equity to €135k.
31-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
02-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
25-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
30-06
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
4 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, Brugge · 2 establishment units since 2016
establishment All 2 establishment units on the map
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.

Laconiastraat 38000 Brugge
Ground area
7,953 m²
Building footprint
4,253 m²
Volume, LiDAR
637 m³
2 parcels, Flanders · tallest building 10.4 m, ±1 floor. Linked by address, not a title deed.
2 establishment units
REDHEAD.TV
Laconiastraat 3, 8000 BruggeProduction of cinema films
since 20162.252.142.238
REDHEAD.TV
Fortuinstraat 96, 8310 BruggeProduction of cinema films
since 20232.345.188.004
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31808K0590/00M007 Flanders 7,633 m² 1 · 4,126 m² -
31002A0104/00F003 Flanders 321 m² 1 · 127 m² 10.4 m · 1 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.

Public money · subsidies and aid

Flemish government

2024 to 2025 · 2 entries · 2,093 EUR awarded · 2,093 EUR paid
Year Entries awardedpaid
2025 1 968 EUR2,093 EUR
2024 1 1,125 EUR0 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
2 entries · 2,093 EUR · 2,093 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Legal Entity Identifier

984500YF1C844343U376
live in the LEI register

Similar companies · same sector, comparable size

Of 1,321 companies in sector 59111 we hold annual accounts for 684. 408 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded23-02-2016
Fiscal year end31-12
Activities, NACEBEL
59111Production of cinema films
59113Video and film production, excluding cinema and television films
59112Motion picture, video and television programme production, sound recording and music publishing activities
59120Post-production of films, video and television programmes
90031Arts creation and performing arts activities
90111Literary creation
Sources
Crossroads Bank for EnterprisesNational Bank · 9 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.