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SHAVED MONKEY

Active
Private limited companyfounded 2018active for 8 yearsVital Decosterstraat 67A, 3000 Leuven, Belgium11 active companies are registered at this addressKBO/BCE: BE 0689.691.774
Summary

SHAVED MONKEY has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €126,482 and a net result of €153,792. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 40% of 62 sector peers (NACE 59, financial year 2026). The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2026, abbreviated format

Turnover
≈ €510,000
Estimated: probably between €310,000 and €950,000
Total assets
€384,541▲ 80.6%
2025 · €212,878
Net result
€153,792
2025 · -€44,266
Working capital
€123,963
2025 · -€14,075
Trend over the years

2022 to 2026, 5 financial years 2019 to 2026, 8 financial years

The operating result returns to profit in 2026: €193,590 after a loss of €40,341 in 2025, the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€193,590 2026 Net result€153,792 2026

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 59, Motion picture, video and television programme production, sound recording and music publishing activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20192020202120222023202420252026
Operating result-€105,621--€129,314▼ 22.4%€110,442€68,600▼ 37.9%€114,179▲ 66.4%€8,785▼ 92.3%-€40,341€193,590
Net result-€111,904--€136,890▼ 22.3%€100,894above the sector's middle half€60,783above the sector's middle half▼ 39.8%€91,080above the sector's middle half▲ 49.8%€593within the sector's middle half▼ 99.3%-€44,266below the sector's middle half€153,792
Equity-€99,504--€236,394▼ 138%-€135,500below the sector's middle half▲ 42.7%-€74,717below the sector's middle half▲ 44.9%€16,363within the sector's middle half€16,956within the sector's middle half▲ 3.6%-€27,310below the sector's middle half€126,482
Total assets€318,896-€183,134▼ 42.6%€235,999within the sector's middle half▲ 28.9%€207,256within the sector's middle half▼ 12.2%€277,733above the sector's middle half▲ 34.0%€179,432within the sector's middle half▼ 35.4%€212,878within the sector's middle half▲ 18.6%€384,541▲ 80.6%
Debt€418,400-€419,528▲ 0.3%€371,499▼ 11.4%€281,973▼ 24.1%€261,370▼ 7.3%€162,476▼ 37.8%€240,188▲ 47.8%€258,059▲ 7.4%
Working capital-€83,079--€228,058▼ 175%-€108,438below the sector's middle half▲ 52.5%-€98,653below the sector's middle half▲ 9.0%€44,563within the sector's middle half€43,348within the sector's middle half▼ 2.7%-€14,075below the sector's middle half€123,963
Solvency-31.2%--129.1%▼ 97.9pp-57.4%below the sector's middle half▲ 71.7pp-36.1%below the sector's middle half▲ 21.4pp5.9%below the sector's middle half▲ 41.9pp9.4%below the sector's middle half▲ 3.6pp-12.8%below the sector's middle half▼ 22.3pp32.9%▲ 45.7pp
Current ratio0.76-0.37▼ 0.390.65below the sector's middle half▲ 0.280.63below the sector's middle half▼ 0.021.22within the sector's middle half▲ 0.581.35within the sector's middle half▲ 0.130.94below the sector's middle half▼ 0.411.48▲ 0.55
Return on assets (ROA)-35.1%--74.7%▼ 39.7pp42.8%above the sector's middle half▲ 117.5pp29.3%above the sector's middle half▼ 13.4pp32.8%above the sector's middle half▲ 3.5pp0.3%within the sector's middle half▼ 32.5pp-20.8%below the sector's middle half▼ 21.1pp40.0%▲ 60.8pp
Staff (FTE)7.1-7.1=4.5▼ 36.6%3.9▼ 13.3%2.9▼ 25.6%2.7▼ 6.9%2.1▼ 22.2%
above within below the middle half of NACE 59, Motion picture, video and television programme production, sound recording and music publishing activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €384,541
Fixed assets €2,520 ▼ 73.9%
Current assets €382,021 ▲ 88.0%
Equity and liabilities €384,541
Equity €126,482
Debt €258,059
Debt finances 67.1% of the balance-sheet total.
Key figures and ratios
2026 value · change against 2025
EBITDA
€194,583▲
2025 · -€36,159
Cash flow
€154,785▲
2025 · -€40,084
Debt to equity
2.04
ROE
121.6%
Interest coverage
75.59▲
2025 · -8.71
Debt ≤ 1 year
€258,059▲
2025 · €217,309
Income taxes
€37,968▲
2025 · €5
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 26,972 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 94.9% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
3.4% stopped otherwise
94.9% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 26,972 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2026 against 2025 · 49 lines
Balance sheet Code20252026
Assets
Total assets20/58€212,878€384,541▲
Fixed assets21/28€9,644€2,520▼
Tangible fixed assets22/27€9,644€2,520▼
Furniture and vehicles24€925€161▼
Other tangible fixed assets26€8,719€2,359▼
Current assets29/58€203,234€382,021▲
Amounts receivable within one year40/41€138,318€275,932▲
Trade receivables40€125,696€245,022▲
Other amounts receivable41€12,622€30,910▲
Cash at bank and in hand54/58€64,650€100,795▲
Deferred charges and accrued income490/1€266€5,295▲
Equity and liabilities
Total equity and liabilities10/49€212,878€384,541▲
Equity10/15-€27,310€126,482▲
Contributions10/11€12,400€12,400=
Reserves13€3,963€114,082▲
Distributable reserves133€3,963€114,082▲
Profit (loss) carried forward14-€43,673-
Amounts payable17/49€240,188€258,059▲
Amounts payable after more than one year17€22,879-
Financial debts170/4€22,879-
Amounts payable within one year42/48€217,309€258,059▲
Current portion of amounts payable after more than one year42€15,348€22,879▲
Financial debts43€0€461▲
Credit institutions430/8€0€461▲
Trade debts44€59,468€99,712▲
Suppliers440/4€59,468€99,712▲
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€17,433€10,007▼
Taxes450/3€17,433€10,007▼
Remuneration and social security454/9€0-
Other amounts payable47/48€125,059€125,000=
Income statement Code20252026
Remuneration, social security and pensions62€143,276-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,182€993▼
Other operating charges640/8€463€567▲
Non-recurring operating charges66A-€6,131
Gross operating margin9900€107,579€201,282▲
Operating profit (loss)9901-€40,341€193,590▲
Financial income75/76B€233€744▲
Recurring financial income75€233€744▲
Financial charges65/66B€4,152€2,574▼
Recurring financial charges65€4,152€2,574▼
Profit (loss) for the period before taxes9903-€44,261€191,760▲
Income taxes67/77€5€37,968▲
Profit (loss) for the period9904-€44,266€153,792▲
Profit (loss) for the period to be appropriated9905-€44,266€153,792▲
Appropriation of the result
Profit (loss) to be appropriated9906-€43,673€110,119▲
Profit (loss) brought forward from the previous period14P€593-€43,673▼
Transfer to equity691/2-€110,119
To other reserves6921-€110,119

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192020202120222023202420252026Change
Remuneration, social security and pensions62---€250,552€201,814€192,826€143,276--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18,056€20,839€21,628€10,022€8,215€5,259€4,182€993▼ 76.3%
Other operating charges640/8---€722€665€712€463€567▲ 22.6%
Non-recurring operating charges66A-------€6,131-
Gross operating margin9900€159,364€277,792€410,253€329,897€324,873€207,581€107,579€201,282▲ 87.1%
Operating profit (loss)9901-€105,621-€129,314€110,442€68,600€114,179€8,785-€40,341€193,590-
Financial income75/76B---€28€171€135€233€744▲ 220%
Recurring financial income75€22€790€18€28€171€135€233€744▲ 220%
Financial charges65/66B---€7,845€5,937€6,129€4,152€2,574▼ 38.0%
Recurring financial charges65€6,277€8,366€9,566€7,845€5,937€6,129€4,152€2,574▼ 38.0%
Profit (loss) for the period before taxes9903-€111,875-€136,890€100,894€60,783€108,414€2,790-€44,261€191,760-
Income taxes67/77€29---€17,334€2,197€5€37,968▲ 7,246×
Profit (loss) for the period9904-€111,904-€136,890€100,894€60,783€91,080€593-€44,266€153,792-
Profit (loss) for the period to be appropriated9905-€111,904-€136,890€100,894€60,783€91,080€593-€44,266€153,792-
Line20192020202120222023202420252026Change
Assets
Total assets20/58€318,896€183,134€235,999€207,256€277,733€179,432€212,878€384,541▲ 80.6%
Fixed assets21/28€59,798€50,125€31,636€36,324€26,038€11,836€9,644€2,520▼ 73.9%
Intangible fixed assets21€11,200€8,400€5,600€2,800-----
Tangible fixed assets22/27€48,598€41,725€26,036€18,814€14,113€11,836€9,644€2,520▼ 73.9%
Plant, machinery and equipment23---€1,683€636----
Furniture and vehicles24---€2,060€1,419€1,823€925€161▼ 82.6%
Other tangible fixed assets26---€15,071€12,057€10,013€8,719€2,359▼ 72.9%
Financial fixed assets28---€14,710€11,925----
Current assets29/58€259,098€133,009€204,363€170,932€251,695€167,596€203,234€382,021▲ 88.0%
Amounts receivable within one year40/41€221,970€60,856€92,290€135,559€164,945€144,407€138,318€275,932▲ 99.5%
Trade receivables40---€121,674€154,073€121,855€125,696€245,022▲ 94.9%
Other amounts receivable41---€13,885€10,872€22,551€12,622€30,910▲ 145%
Cash at bank and in hand54/58€29,763€68,515€105,285€32,300€73,540€21,485€64,650€100,795▲ 55.9%
Deferred charges and accrued income490/1---€3,073€13,211€1,704€266€5,295▲ 20×
Equity and liabilities
Total equity and liabilities10/49€318,896€183,134€235,999€207,256€277,733€179,432€212,878€384,541▲ 80.6%
Equity10/15-€99,504-€236,394-€135,500-€74,717€16,363€16,956-€27,310€126,482-
Contributions10/11€12,400€12,400-€12,400€12,400€12,400€12,400€12,400=
Reserves13----€3,963€3,963€3,963€114,082▲ 29×
Distributable reserves133----€3,963€3,963€3,963€114,082▲ 29×
Profit (loss) carried forward14-€111,904-€248,794-€147,900-€87,117-€593-€43,673--
Amounts payable17/49€418,400€419,528€371,499€281,973€261,370€162,476€240,188€258,059▲ 7.4%
Amounts payable after more than one year17€76,223€56,327€15,529€5,228€52,938€38,228€22,879--
Financial debts170/4---€5,228€52,938€38,228€22,879--
Amounts payable within one year42/48€342,177€361,067€312,801€269,585€207,132€124,248€217,309€258,059▲ 18.8%
Current portion of amounts payable after more than one year42---€10,301€19,339€14,710€15,348€22,879▲ 49.1%
Financial debts43---€85,000€6,039€2,922€0€461-
Credit institutions430/8---€85,000€6,039€2,922€0€461-
Trade debts44€87,492€82,640€54,531€130,457€107,885€63,181€59,468€99,712▲ 67.7%
Suppliers440/4---€130,457€107,885€63,181€59,468€99,712▲ 67.7%
Advances received on contracts in progress46----€40,000€22,500€0--
Taxes, remuneration and social security45---€16,679€33,869€19,162€17,433€10,007▼ 42.6%
Taxes450/3----€5,399€2,161€17,433€10,007▼ 42.6%
Remuneration and social security454/9---€16,679€28,470€17,002€0--
Other amounts payable47/48---€27,149-€1,773€125,059€125,000=
Accrued charges and deferred income492/3---€7,159€1,300----
Line20192020202120222023202420252026Change
Profit (loss) for the period9904-€111,904-€136,890€100,894€60,783€91,080€593-€44,266€153,792-
+ Depreciation and write-downs630€18,056€20,839€21,628€10,022€8,215€5,259€4,182€993▼ 76.3%
Operating cash flow (approximation)-€93,848-€116,051€122,522€70,805€99,295€5,852-€40,084€154,785-
Investment in fixed assets (approximation)--€11,166-€3,139-€14,710€2,072€8,943-€1,990€6,131-
Change in cash-€38,752€36,770-€72,985€41,239-€52,054€43,165€36,144▼ 16.3%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (8)
Financial year Type Filed Reference
31-01-2026 abbreviated format 15-07-2026 2026-00299537
31-01-2025 micro format 28-07-2025 2025-00322742
31-01-2024 micro format 11-07-2024 2024-00235948
31-01-2023 micro format 31-07-2023 2023-00292553
31-01-2022 micro format 17-08-2022 2022-20291796
31-01-2021 micro format 24-03-2021 2021-08600364
31-01-2020 micro format 27-08-2020 2020-48300550
31-01-2019 micro format 30-08-2019 2019-59600032

Similar companies · same sector, comparable size

Of the 2,617 active companies whose main activity is video and film production, excluding cinema and television films (NACE 59113), figures are known for 723. 563 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2022 to 2023 · 3 entries · €8,163 awarded · €6,483 paid
Year Entries AwardedPaid
2023 1 €3,059€3,059
2022 2 €5,104€3,424
Schemes
2 entries · €5,163 · €5,163 paid · Departement Werk en Sociale Economie
1 entry · €3,000 · €1,320 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.