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RTL BELGIUM

Active
Public limited companyfounded 198540 yrs activeJacques Georginlaan 2, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0428.201.847
Summary

RTL BELGIUM has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €121.3m and a net result of -€4.7m. Equity is growing by ~40.2% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

What they do
Programming, broadcasting, news agency and other content distribution activities
NACE 60200NACE 92203
#2 employer in Belgium, Programming and broadcasting sector4 sites
How big
€215.3mturnover 2025
Staff
394.2 FTE
Equity
€121.3m
Loss
-€4.7m
Financially healthy?
92 Excellent Checked score 2025
Bankruptcy chance 12 m
0.1%
Who decides
Parent
AUDIOPRESSE · 100%
Board
11 members
Holdings
1
Accounts 84 d early
Why 92- Liquidity: current ratio 1.61, cash €8.6m- Loss of €4.7m, the second in a row (FY 2025)+ Sector Programming, broadcasting, news agency and other content distribution activities (NACE 60)+ Founded in 1985Show the evidence

Checked score

Score 2025
92 / 100
Excellent
Probability in this band: under 0.55%
Better than 47% of its sector peers (all companies)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency 92+1
equity 67.0% of total assets
Liquidity 42+7
short-term debt 32.2% · cash 4.8%
Profitability 58-1
return on assets -2.6%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1%
  • Liquidity: current ratio 1.61, cash €8.6m raises the probability
  • Sector Programming, broadcasting, news agency and other content distribution activities (NACE 60) lowers the probability
  • Loss of €4.7m, the second in a row (FY 2025) raises the probability
  • Founded in 1985 lowers the probability for this profile
Credit up to €11,150,000 at 30 days acceptable
Liquidity ample (current ratio 1.61 against 1.54 in 2024; short-term debt: 32.2% and cash: 4.8% of total assets), and 33% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (all companies). Better than this share of them on solvency 81%, liquidity 44%, profitability 36%, growth against the median 27%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Liquidity: current ratio 1.61, cash €8.6m
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Sector Programming, broadcasting, news agency and other content distribution activities (NACE 60)
In the bankruptcy model this factor lowers the probability.
KBO
raises risk · Loss of €4.7m, the second in a row (FY 2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Founded in 1985
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€4.7m
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 08-05-2026, 84 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
84 d early
2024
76 d early
2023
71 d early
2022
35 d early
2021
82 d early
2020
39 d early
2019
1 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 55 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 45% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 16 May (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 today31-12-2026 close31-07-2027 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
  1. Annual accounts filedfiscal year 2025 · full…
  2. Weakest financial yearnet -€4.7m
  3. Reappointment: PwC Reviseurs d'Entreprises (statutory auditor)Permanent representative: Géraldine Slangen

Key points

  • Risk: 3 loss-making years in a rowloss fiscal year 2025 -€4.7m View
  • Positive: Employer in Belgium, Programming and broadcasting sectorin the Checked rankings #2 View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Controlled by AUDIOPRESSE 100% View
  • Wallonia-Brussels supportpaid 2024 - 2025 €1.8m View
  • Caution: Result fell in 2025from -€3.5m to -€4.7m ▼ 32.6% View

By topic

Financials

Fiscal year
2025
Turnover
€215.3m
Loss
-€4.7m
Solvency
67.0%
Turnover▼ 3.7%
Net result
20182025
Go to Financials

Timeline

Events
56
Since
2004
Next accounts
by 31-07-2027
  1. 08-05-2026Annual accounts filed
  2. 31-12-2025Weakest financial year
  3. 25-07-2025Reappointment: PwC Reviseurs d'Entreprises (statutory auditor)
Go to Timeline

Company details

Sites
4
Legal form
Public limited company
Activity
Programming, broadcasting, news agency and other content distribution…NACE 60200
Founded
04-12-1985
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
1
Purpose
La société a pour objet l'exploitation de services de médias audiovisuels, entendus comme…
Go to Articles of association

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