Turnover
≈ €7,300 estimated
The micro format states no turnover.
SEE IT FIRST
Lifetime
1 annual account with figurespeak €2,228 (2025)
€2,228
peak €248 (2025)
€248
peak €3,248 (2025)
€3,248
€2,608
Board1 name since 2025
1 directorMERCKX Olivier Roger
Documentsfilings and deeds
23-05-202669 days before the deadline
2025micro format
Incorporation 22-011 establishment registeredFirst year with figures
Key points
from the 2025 annual accountsStarting capital
€3,000 100 shares
Position in the sector
€3,248
Less equity than 80% of companies in film, video and music. Sector median €41,815 · 1,873 companies.
Checked score
90
Excellent
Financially stronger than 62% of micro companies in film, video and music (NACE 59)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.3% across 2,576 companies (NACE 59, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
02-2026: 1.1%
03-2026: 1.1%● unchanged vs 02-2026
04-2026: 1.1%● unchanged vs 03-2026
05-2026: 1.2%▲ +0.1 percentage points vs 04-2026highest value
06-2026: 0.2%▼ -1.0 percentage point vs 05-2026lowest value
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.2%● unchanged vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Founded in 2025
Size: total assets €5,855
lowers risk
Liquidity: current ratio 1.65, cash €4,297
Sector: Motion picture, video and television programme production, sound recording and music publishing activities (NACE 59)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 59, micro). It does better than 59% of them on solvency, 72% on liquidity and 54% on profitability.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 185 companies had the same profile as SEE IT FIRST has now. Each dot is one company, two years later.
98.9%
were still trading
0.5%
stopped another way
0.5%
went bankrupt
That fits the bankruptcy probability of SEE IT FIRST itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 185 companies, not a prediction for SEE IT FIRST. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
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Signals
Five signals.
lowers riskraises riskneutral
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 23-05-2026, 69 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
69 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1018958769
Incorporation
Founding capital of €3,000, 100 shares · Founder: MERCKX Olivier Roger · Appointment: MERCKX Olivier Roger (statutory director) · published on 22-01-2025 · Gazette deed
First establishment
Emile Van Ermengemlaan 48, Brussels
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SEE IT FIRST Brussels | €5,855 | €2,228 | 55.5% | - |
| Picoas Films Brussels | €8,084 | -€5,986 | 49.4% | - |
| PETIT CHICAGO Brussels | €8,001 | -€6,063 | 47.7% | - |
| LYNX FILMS La Louvière | €5,007 | €390 | 78.3% | - |
| LILLIPUT MEDIA Lasne | €6,394 | -€1,088 | -197.2% | - |
| FLOU PRODUCTION Ans | €7,931 | -€5,664 | 28.5% | - |
| VOLARIA 49 Antwerp | €7,733 | €5,589 | 68.7% | - |
These companies have the same main activity as SEE IT FIRST: production of cinema films (NACE 59111). They are comparable in size and age: total assets between €5,010 and €8,080, founded between 2023 and 2025.
Official details
Source: KBO- Status
- Active since 20-01-2025Normal situation
- Activity
- Production of cinema filmsNACE 59111and 5 others
- Establishment unit
- 2.369.337.1431020 Brussels, since 20-01-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 11-11-2025
Annual accounts 2025
- €5,855
- Filing
- Filed on 23-05-2026, 69 days before the end of the filing period
Insights on SEE IT FIRST
SEE IT FIRST has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3,248 and a net result of €248.
Its solvency ranks better than 57% of 1,871 sector peers (NACE 59, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about SEE IT FIRST
- What is the company number of SEE IT FIRST?
- The company number of SEE IT FIRST is 1018.958.769. The VAT number is the same number with BE in front: BE 1018.958.769.
- Where is SEE IT FIRST based?
- The registered office is at Emile Van Ermengemlaan 48, 1020 Brussels.Company details
- What does SEE IT FIRST do?
- According to the KBO register, the main activity is production of cinema films (NACE 59111).
- What is the legal form of SEE IT FIRST?
- SEE IT FIRST is a private limited company (BV).
- When was SEE IT FIRST founded?
- SEE IT FIRST was founded on 20-01-2025.
- Is SEE IT FIRST still active?
- Yes, SEE IT FIRST is an active enterprise in the KBO register.
- What is the turnover of SEE IT FIRST?
- The turnover in financial year 2025 is ≈ €7,300. This figure is estimated from the gross margin of €2,228 and 30 comparable companies (NACE 591). It probably lies between €4,400 and €17,000. It is a rough estimate.Financials
- Is SEE IT FIRST profitable?
- In financial year 2025, SEE IT FIRST made a profit of €248.
- Where can I find the annual accounts of SEE IT FIRST?
- SEE IT FIRST filed 1 annual account with the National Bank of Belgium, for financial year 2025.
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