SERENDIPITY
ActiveSERENDIPITY has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2023 annual accounts show equity of €541k and a net result of €-33k. Equity is shrinking by ~4.8% per year across the filed fiscal years. Its solvency ranks better than 46% of 1777 sector peers (fiscal year 2023). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2023
Axes · tick = 2022
Profitability0=
Solvency62▲+8
Growth52▲+20
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days only on tighter terms
Liquidity short (current ratio 0.92 against 0.85 in 2022), and 58% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 2023Solvency, return and age of the figures
Solvency
42%
Return on assets
-2.6%
Age of the figures
33 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 · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline16-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 09-07-2026, 708 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
708 d late
2022
198 d late
2021
169 d late
2020
81 d late
2019
185 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Equity
€541k▲ 34.2%
2022 · €403k
2018: €491k
2019: €706k
2020: €616k
2021: €597k
2022: €403k
2018 → 2023
Total assets
€1.29M▲ 16.7%
2022 · €1.10M
2018: €1.41M
2019: €1.55M
2020: €1.44M
2021: €1.16M
2022: €1.10M
2018 → 2023
Net result
€-33k▲ 14.4%
2022 · €-39k
2018: €10k
2019: €5k
2020: €22k
2021: €10k
2022: €-39k
2018 → 2023
Working capital
€-61k▲ 42.7%
2022 · €-106k
2018: €-144k
2019: €-120k
2020: €-73k
2021: €46k
2022: €-106k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€706k-€616k▼ 12.7%€597k▼ 3.0%€403k▼ 32.5%€541k▲ 34.2%
Operating result€-170k-€-274k▼ 60.9%€-376k▼ 37.3%€-328k▲ 12.8%€-239k▲ 27.1%
Net result€5k-€22k▲ 382%€10k▼ 53.3%€-39k€-33k▲ 14.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €239k in 2023 against €328k in 2022; the loss shrinks.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €1.29M
Fixed assets
€602k▲ 18.3%
Current assets
€685k▲ 15.3%
Equity and liabilities €1.29M
Equity
€541k▲ 34.2%
Debt
€746k▲ 6.6%
The debt ratio falls from 63.5% to 58.0%: equity grows faster than debt.
Key figures and ratios
EBITDA
€-27k▲
2022 · €-31k
Cash flow
€179k▼
2022 · €258k
Solvency
42.0%▲
2022 · 36.5%
Current ratio
0.92▲
2022 · 0.85
Quick ratio
0.92▲
2022 · 0.85
Debt / equity
1.38▼
2022 · 1.74
ROE
-6.1%▲
2022 · -9.6%
ROA
-2.6%▲
2022 · -3.5%
Interest coverage
-6.20▲
2022 · -25.73
Debt
€746k▲
2022 · €700k
Debt ≤ 1 year
€746k▲
2022 · €700k
Staff costs
€32k▲
2022 · €19k
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 · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€1.10M€1.29M▲
Fixed assets21/28€509k€602k▲
Intangible fixed assets21€507k€600k▲
Financial fixed assets28€2k€2k=
Current assets29/58€594k€685k▲
Amounts receivable within one year40/41€543k€675k▲
Trade receivables40€514k€624k▲
Other amounts receivable41€29k€51k▲
Cash at bank and in hand54/58€41k€9k▼
Deferred charges and accrued income490/1€10k€1k▼
Equity and liabilities
Total equity and liabilities10/49€1.10M€1.29M▲
Equity10/15€403k€541k▲
Contributions10/11€19k€19k=
Reserves13€18k€18k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€7k€7k=
Distributable reserves133€9k€9k=
Profit (loss) carried forward14€-62k€-95k▼
Investment grants15€428k€599k▲
Amounts payable17/49€700k€746k▲
Amounts payable within one year42/48€700k€746k▲
Financial debts43€75k€25k▼
Credit institutions430/8€75k€25k▼
Trade debts44€605k€648k▲
Suppliers440/4€605k€648k▲
Taxes, remuneration and social security45€4k€11k▲
Taxes450/3€1k€518▼
Remuneration and social security454/9€3k€10k▲
Other amounts payable47/48€15k€62k▲
Accrued charges and deferred income492/3-€868
Income statement
Code20222023
Remuneration, social security and pensions62€19k€32k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€297k€212k▼
Other operating charges640/8€1k€1k▲
Non-recurring operating charges66A-€16k
Gross operating margin9900€-11k€23k▲
Operating profit (loss)9901€-328k€-239k▲
Financial income75/76B€292k€210k▼
Recurring financial income75€292k€210k▼
Non-recurring financial income76B€234-
Financial charges65/66B€3k€4k▲
Recurring financial charges65€1k€4k▲
Non-recurring financial charges66B€1k-
Profit (loss) for the period before taxes9903€-39k€-33k▲
Profit (loss) for the period9904€-39k€-33k▲
Profit (loss) for the period to be appropriated9905€-39k€-33k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-62k€-95k▼
Profit (loss) brought forward from the previous period14P€-23k€-62k▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 708 days late
2024
14-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 198 days late
2023
31-12
Financial
Equity above €500kEq €541k ▲34.2%
Equity rises from €403k to €541k.
16-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 169 days late
2022
31-12
Financial
Weakest financial yearnet €-39k ▼473%
Net result drops to €-39k, the lowest in the series; recovery starts the following year.
2021
20-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 81 days late
01-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 185 days late
2020
31-12
Financial
Highest result since 2018net €22k ▲382%
Net result €22k, the highest in the series.
2019
31-12
Financial
Equity above €500kEq €706k ▲43.7%
2 profitable years in a row build equity to €706k.
23-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 54 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 92 days late
2016
25-10
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 86 days late
2015
27-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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 2004
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.
Coupure 6209000 GentGround area
2,926 m²
Building footprint
2,520 m²
Parcel 44815F2455/00G002, Flanders. Linked by address, not a title deed.
1 establishment unit
SERENDIPITY FILMS
since 20042.138.880.286
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44815F2455/00G002 | Flanders | 2,926 m² | 1 · 2,520 m² | - |
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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 557,565 EUR awarded · 240,378 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 4,224 EUR | 70,925 EUR |
| 2024 | 1 | 0 EUR | 142,125 EUR |
| 2023 | 1 | 318,500 EUR | 1,376 EUR |
| 2022 | 1 | 234,841 EUR | 25,952 EUR |
Schemes
Projectsubsidie voor een initiatief in de audiovisuele of gamesector (Decreet Vlaams Audiovisueel Fonds 1999)
Similar companies · same sector, comparable size
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ZIDIS
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MOVING ART PRODUCTION
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FOUR TUNES
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Of 2,570 companies in sector 59113 we hold annual accounts for 701. 373 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded23-06-2004
Fiscal year end31-12
Activities, NACEBEL
59113Video and film production, excluding cinema and television films
92113
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.