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SERENDIPITY

Active
Private limited company (pre-2019)founded 2004active for 22 yearsCoupure 620, 9000 Gent, BelgiumKBO/BCE: BE 0865.935.232
Summary

The computed 12-month bankruptcy probability of SERENDIPITY is 10.5% (high). For SERENDIPITY, at least two annual filings are missing. The 2023 annual accounts show equity of €540,700 and a net result of -€33,100. Equity has been shrinking by about 4.8% per year since 2018. Its solvency ranks better than 47% of 1,743 sector peers (NACE 59, financial year 2023). The company has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 23-06-2004 Normal situation
Activity
Video and film production, excluding cinema and television films NACE 59113
Joint committee
303.01 Paritair Subcomité voor de filmproductie · annual accounts 2022
Establishment unit
2.138.880.286 9000 Gent, since 01-07-2004
Financial year end
31 December
Peppol
Reachable since 10-06-2026

Board and ownership

Board
  • DE WAELE ELLENDirector · since 01-06-2004

Financial position

Bankruptcy probabilitywithin 12 months
10.5%
2023 figures too old to score
Annual accounts 2023
Gross margin
€22,907
Turnover
≈ €76,000
estimated
Loss
€33,100
▼ 14.4%
Equity
€540,700
▲ 34.2%
Total assets
€1.3m
▲ 16.7%
Staff
≈ 1 FTE
estimated
  • 2024 accounts not filed, 459 days past the deadline
Filed on 09-07-2026
Signalsraises risk2 financial years not filed after the legal deadline; last filed accounts filed 708 days late; 3 of the last 3 accounts lateFigures for financial year 2023 (filed on 09-07-2026)1 change of registered office in 24 monthsLiquidity: current ratio 0.92, cash €8,712, halvedTwo or more financial years not filed2023 accounts filed 708 days lateShow the evidence

Bankruptcy probability

No current score
Figures too old
The latest figures are for FY 2023. They are too old for a current score.
Bankruptcy probability: High
Filing: At least two annual filings are missing
Financial strength, FY 2023 · tick: 2022
Weak
Solvency 67+5
equity 42.0% of total assets
Liquidity 21=
short-term debt 57.9% · cash 0.7%
Profitability 16+2
return on assets -2.6%
Bankruptcy probability within 12 months
10.5% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 10 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (2,572 companies, NACE 59, micro)
Last 24 months 12-2024: 3.3%lowest value 01-2025: 8.7%▲ +5.4 percentage points vs 12-2024 02-2025: 8.7%● unchanged vs 01-2025 03-2025: 8.7%● unchanged vs 02-2025 04-2025: 8.0%▼ -0.7 percentage points vs 03-2025 05-2025: 8.0%● unchanged vs 04-2025 06-2025: 8.0%● unchanged vs 05-2025 07-2025: 8.0%● unchanged vs 06-2025 08-2025: 10.3%▲ +2.3 percentage points vs 07-2025 09-2025: 9.9%▼ -0.4 percentage points vs 08-2025 10-2025: 9.9%● unchanged vs 09-2025 11-2025: 9.9%● unchanged vs 10-2025 12-2025: 9.9%● unchanged vs 11-2025 01-2026: 9.9%● unchanged vs 12-2025 02-2026: 9.9%● unchanged vs 01-2026 03-2026: 10.7%▲ +0.8 percentage points vs 02-2026 04-2026: 10.7%● unchanged vs 03-2026 05-2026: 10.7%● unchanged vs 04-2026 06-2026: 10.7%● unchanged vs 05-2026 07-2026: 10.7%● unchanged vs 06-2026 08-2026: 10.9%▲ +0.2 percentage points vs 07-2026highest value 09-2026: 10.5%▼ -0.4 percentage points vs 08-2026 10-2026: 10.5%● unchanged vs 09-2026 11-2026: 10.5%● unchanged vs 10-2026
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Signals

Six signals.
raises risk
raises risk · 2 financial years not filed after the legal deadline; last filed accounts filed 708 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · Figures for financial year 2023 (filed on 09-07-2026)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Liquidity: current ratio 0.92, cash €8,712, halved
NBB · annual accounts
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 filings
Position against the passed deadline
31-12-2024 year end31-07-2025 deadline02-11-2026 today
raises risk · 2023 accounts filed 708 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: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
708 days late
2022
198 days late
2021
169 days late
2020
81 days late
2019
185 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 268 days after the deadline. In the sector (NACE 59), the median for financial year 2024 was 2 days before the deadline, and 41% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower net result than 94% of companies in film, video and musicsector median €5,520 · 1,742 companies -€33,100 View
  • Caution: 2 loss-making years in a rowloss in financial year 2023 -€33,100 View
  • Flemish supportawarded from 2022 to 2025 €557,565 View
  • Positive: Equity rose in 2023from €403,003 to €540,700 ▲ 34.2% View

Recent changes

  1. · Gazette deed Registered office moved from Sint-Antelinks to Gent
  2. · Gazette deed Incorporation
All 16 events

Comparable companies

These companies have the same main activity as SERENDIPITY: video and film production, excluding cinema and television films (NACE 59113). They are comparable in size and age: total assets between €651,000 and €2.4m, founded between 1997 and 2005.

CompanyTotal assetsGross margin
SERENDIPITY Gent€1.3m€0.02m
PROJACTIVES Merelbeke-Melle€1.4m€0.01m
Karma Production Brussel€1.2m€0.05m
TIMESCAPES Gent€2.4m€0.05m
MOVING ART PRODUCTION Halen€0.7m€0.04m
PACINO COMMUNICATIONS Merchtem€0.8m€0.05m
EKLEKTIK PRODUCTIONS Brussel€0.9m€0.08m
Full comparison

Key facts about SERENDIPITY

What is the company number of SERENDIPITY?
The company number of SERENDIPITY is 0865.935.232. The VAT number is the same number with BE in front: BE 0865.935.232.
Where is SERENDIPITY based?
The registered office is at Coupure 620, 9000 Gent.Company details
What does SERENDIPITY do?
According to the KBO register, the main activity is video and film production, excluding cinema and television films (NACE 59113).
What is the legal form of SERENDIPITY?
The legal form of SERENDIPITY is Private limited company (pre-2019) (BVBA).
When was SERENDIPITY founded?
SERENDIPITY was founded on 23-06-2004.
Is SERENDIPITY still active?
Yes, SERENDIPITY is an active enterprise in the KBO register.
How many employees does SERENDIPITY have?
SERENDIPITY had an average of 1 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
Which joint committee does SERENDIPITY fall under?
In its 2022 annual accounts, SERENDIPITY states joint committee 303.01 (Paritair Subcomité voor de filmproductie).
What is the turnover of SERENDIPITY?
The turnover in financial year 2023 is ≈ €76,000. This figure is estimated from the gross margin of €22,907 and 30 comparable companies (NACE 591). It probably lies between €45,000 and €170,000. It is a rough estimate.
Is SERENDIPITY profitable?
In financial year 2023, SERENDIPITY made a loss of €33,100.
Where can I find the annual accounts of SERENDIPITY?
SERENDIPITY filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2023.

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