STICKER
ActiveSummary
STICKER has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €78,476 and a net result of -€1,981. Equity is growing by ~7.5% per year across the filed fiscal years. Its solvency ranks better than 59% of 1545 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability67▲+4
Solvency83▲+2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity ample (current ratio 2.17 against 2.22 in 2024; short-term debt: 32.1% and cash: 20.4% of total assets), and 41.7% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Motion picture, video and television programme production, sound recording and music publishing activities (NACE 59)
about 37% fewer bankruptcies
← 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 · 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 2025Solvency, return and age of the figures
Solvency
58.3%
Return on assets
-1.5%
Age of the figures
9 mo
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 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€1,981
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
1 d early
2023
2 d early
2022
on the day
2021
29 d late
2020
9 d late
2019
34 d late
← 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 5 days after the deadline; the sector median for financial year 2024 is 2 days before the deadline, and 41% 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 30 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€78,476▼ 2.5%
2024 · €80,457
Total assets
€134,665▼ 5.9%
2024 · €143,078
Net result
-€1,981▲ 69.4%
2024 · -€6,475
Working capital
€50,651▲ 2.4%
2024 · €49,444
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 59, Motion picture, video and television programme production, sound recording and music publishing activities, each year against the same schema; no band under 30 filings. 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 fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€9,445▼ 30.0%€30,519▲ 223%€21,872▼ 28.3%-€2,951-€1,146▲ 61.2%
Net result€6,288within the sector's middle half▼ 37.5%€20,032within the sector's middle half▲ 219%€14,493within the sector's middle half▼ 27.7%-€6,475below the sector's middle half-€1,981within the sector's middle half▲ 69.4%
Equity€68,275within the sector's middle half▲ 10.1%€88,307within the sector's middle half▲ 29.3%€86,932within the sector's middle half▼ 1.6%€80,457within the sector's middle half▼ 7.4%€78,476within the sector's middle half▼ 2.5%
Total assets€83,798within the sector's middle half▼ 4.7%€119,925within the sector's middle half▲ 43.1%€164,584within the sector's middle half▲ 37.2%€143,078within the sector's middle half▼ 13.1%€134,665within the sector's middle half▼ 5.9%
Debt€15,523▼ 40.1%€31,617▲ 104%€77,652▲ 146%€62,621▼ 19.4%€56,189▼ 10.3%
Working capital€49,304within the sector's middle half▲ 21.5%€54,635within the sector's middle half▲ 10.8%€40,488within the sector's middle half▼ 25.9%€49,444within the sector's middle half▲ 22.1%€50,651within the sector's middle half▲ 2.4%
Solvency81.5%above the sector's middle half▲ 11.0pp73.6%above the sector's middle half▼ 7.8pp52.8%within the sector's middle half▼ 20.8pp56.2%within the sector's middle half▲ 3.4pp58.3%within the sector's middle half▲ 2.0pp
Current ratio4.18above the sector's middle half▲ 1.422.73within the sector's middle half▼ 1.451.87within the sector's middle half▼ 0.862.22within the sector's middle half▲ 0.352.17within the sector's middle half▼ 0.05
Return on assets (ROA)7.5%within the sector's middle half▼ 3.9pp16.7%within the sector's middle half▲ 9.2pp8.8%within the sector's middle half▼ 7.9pp-4.5%within the sector's middle half▼ 13.3pp-1.5%within the sector's middle half▲ 3.1pp
above
within
below
the middle half (P25 to P75) of NACE 59, Motion picture, video and television programme production, sound recording and music publishing activities, each year against the same schema; no band under 30 filings.
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 €1,146 in 2025 against €2,951 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €134,665
Fixed assets
€40,780 ▼ 23.2%
Current assets
€93,885 ▲ 4.4%
Equity and liabilities €134,665
Equity
€78,476 ▼ 2.5%
Debt
€56,189 ▼ 10.3%
Debt's share of the balance-sheet total falls from 43.8% to 41.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€20,115▼
2024 · €24,021
Cash flow
€19,280▼
2024 · €20,497
Debt to equity
0.72▼
2024 · 0.78
ROE
-2.5%▲
2024 · -8.0%
Interest coverage
14.42▲
2024 · 8.41
Debt ≤ 1 year
€43,234▲
2024 · €40,507
Debt > 1 year
€12,171▼
2024 · €22,089
Income taxes
€1,758▲
2024 · €1,308
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 12,321 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
0.7%
went bankrupt
8.6%
stopped otherwise
90%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% 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 12,321 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €22,402 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17,276 | €12,083 | €29,655 | €26,972 | €21,261 | ▼ 21.2% |
| Other operating charges640/8 | €976 | €859 | €448 | €602 | €801 | ▲ 33.0% |
| Gross operating margin9900 | €27,697 | €43,461 | €51,975 | €24,624 | €20,915 | ▼ 15.1% |
| Operating profit (loss)9901 | €9,445 | €30,519 | €21,872 | -€2,951 | -€1,146 | ▲ 61.2% |
| Financial income75/76B | - | €343 | €264 | €639 | €2,319 | ▲ 263% |
| Recurring financial income75 | - | €343 | €264 | €639 | €2,319 | ▲ 263% |
| Financial charges65/66B | €630 | €3,350 | -€43 | €2,856 | €1,395 | ▼ 51.1% |
| Recurring financial charges65 | €630 | €3,350 | -€43 | €2,856 | €1,395 | ▼ 51.1% |
| Profit (loss) for the period before taxes9903 | €8,815 | €27,512 | €22,179 | -€5,168 | -€223 | ▲ 95.7% |
| Income taxes67/77 | €2,528 | €7,480 | €7,686 | €1,308 | €1,758 | ▲ 34.5% |
| Profit (loss) for the period9904 | €6,288 | €20,032 | €14,493 | -€6,475 | -€1,981 | ▲ 69.4% |
| Profit (loss) for the period to be appropriated9905 | €6,288 | €20,032 | €14,493 | -€6,475 | -€1,981 | ▲ 69.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €83,798 | €119,925 | €164,584 | €143,078 | €134,665 | ▼ 5.9% |
| Fixed assets21/28 | €18,996 | €33,673 | €77,394 | €53,126 | €40,780 | ▼ 23.2% |
| Tangible fixed assets22/27 | €18,971 | €33,648 | €77,369 | €53,101 | €40,755 | ▼ 23.3% |
| Plant, machinery and equipment23 | €16,175 | €27,612 | €15,558 | €6,195 | €8,407 | ▲ 35.7% |
| Furniture and vehicles24 | €2,796 | €6,036 | €5,036 | €3,350 | €2,630 | ▼ 21.5% |
| Leasing and similar rights25 | - | - | €56,775 | €42,936 | €29,097 | ▼ 32.2% |
| Other tangible fixed assets26 | - | - | - | €621 | €621 | = |
| Financial fixed assets28 | €25 | €25 | €25 | €25 | €25 | = |
| Current assets29/58 | €64,802 | €86,252 | €87,190 | €89,951 | €93,885 | ▲ 4.4% |
| Amounts receivable within one year40/41 | €4,531 | €29,594 | €21,820 | €26,963 | €27,462 | ▲ 1.9% |
| Trade receivables40 | €4,003 | €29,594 | €21,820 | €23,093 | €26,071 | ▲ 12.9% |
| Other amounts receivable41 | €528 | - | - | €3,870 | €1,391 | ▼ 64.1% |
| Current investments50/53 | €6,796 | €22,451 | €28,932 | €33,592 | €38,252 | ▲ 13.9% |
| Cash at bank and in hand54/58 | €47,593 | €32,051 | €35,623 | €26,070 | €27,423 | ▲ 5.2% |
| Deferred charges and accrued income490/1 | €5,882 | €2,157 | €815 | €3,326 | €747 | ▼ 77.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €83,798 | €119,925 | €164,584 | €143,078 | €134,665 | ▼ 5.9% |
| Equity10/15 | €68,275 | €88,307 | €86,932 | €80,457 | €78,476 | ▼ 2.5% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €55,875 | €75,907 | €74,532 | €68,057 | €66,076 | ▼ 2.9% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €0 | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €0 | - | - | - |
| Distributable reserves133 | €54,015 | €74,047 | €74,532 | €68,057 | €66,076 | ▼ 2.9% |
| Profit (loss) carried forward14 | - | - | €0 | €0 | - | - |
| Amounts payable17/49 | €15,523 | €31,617 | €77,652 | €62,621 | €56,189 | ▼ 10.3% |
| Amounts payable after more than one year17 | - | - | €30,783 | €22,089 | €12,171 | ▼ 44.9% |
| Financial debts170/4 | - | - | €30,783 | €22,089 | €12,171 | ▼ 44.9% |
| Amounts payable within one year42/48 | €15,498 | €31,617 | €46,702 | €40,507 | €43,234 | ▲ 6.7% |
| Current portion of amounts payable after more than one year42 | €2,856 | - | €9,070 | €8,694 | €10,708 | ▲ 23.2% |
| Trade debts44 | €2,926 | €15,960 | €5,061 | €9,798 | €14,115 | ▲ 44.1% |
| Suppliers440/4 | €2,926 | €15,960 | €5,061 | €9,798 | €14,115 | ▲ 44.1% |
| Taxes, remuneration and social security45 | €4,256 | €8,066 | €9,167 | €8,997 | €5,627 | ▼ 37.5% |
| Taxes450/3 | €2,656 | €8,066 | €7,567 | €7,397 | €4,027 | ▼ 45.6% |
| Remuneration and social security454/9 | €1,600 | - | €1,600 | €1,600 | €1,600 | = |
| Other amounts payable47/48 | €5,460 | €7,591 | €23,404 | €13,019 | €12,783 | ▼ 1.8% |
| Accrued charges and deferred income492/3 | €25 | - | €167 | €25 | €785 | ▲ 3,070% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6,288 | €20,032 | €14,493 | -€6,475 | -€1,981 | ▲ 69.4% |
| + Depreciation and write-downs630 | €17,276 | €12,083 | €29,655 | €26,972 | €21,261 | ▼ 21.2% |
| Operating cash flow (approximation) | €23,564 | €32,115 | €44,148 | €20,497 | €19,280 | ▼ 5.9% |
| Investment in fixed assets (approximation) | - | -€26,759 | -€73,377 | -€2,704 | -€8,915 | ▼ 230% |
| Change in cash | - | -€15,542 | €3,572 | -€9,552 | €1,353 | ▲ 114% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
15-07
State Gazette act
Appointment: Elke Vermeir (director)2 facts ▸
State Gazette act
Appointment: Elke Vermeir (director)
2 facts ▸
- General meeting, 10-07-2026
- Director appointment, Elke Vermeir (director)
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet -€6,475
Net result drops to -€6,475, the lowest in the series; recovery starts the following year.
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €20,032 ▲219%
Operating result €30,519, net result €20,032, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
09-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 9 days late
2020
03-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 34 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
24-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
22-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 53 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 5 acts read
About the unread acts
Of the 5 Belgian State Gazette acts we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Directors · office · real estate
Directors
1 director, last change in 2026
Elke Vermeir
CurrentDirector · since 01-06-2026
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
4 of this company's 5 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Mechelen · 1 establishment unit since 2003
Ground area
1,312 m²
Building footprint
252 m²
Volume, LiDAR
1,205 m³
Parcel 12409D0171/00N002, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
sticker
since 20032.132.004.372
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12409D0171/00N002 | Flanders | 1,312 m² | 1 · 252 m² | 7.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
1 person since 2026, 1 in office
- Board
| Name | Functions and periods |
|---|---|
| Elke Vermeir |
|
Structure & network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
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Shareholding
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Company details
Identification
Legal formPrivate limited company
Founded26-02-2003
Fiscal year end31-12
Activities, NACEBEL 2025
59120Post-production of films, video and television programmes
77222Rental and leasing activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0479644511
Also
9925:BE0479644511
Registered
18-12-2024
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.