SYLVAIN
ActiveSummary
The computed 12-month bankruptcy probability of SYLVAIN is 1.7% (moderate). The 2024 annual accounts show negative equity (€-941) and a net result of €-12k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 16% of 1932 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-100
Solvency19▼-39
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.59 against 1.45 in 2023; short-term debt: 105.1% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 2024Solvency, return and age of the figures
Solvency
-6.2%
Return on assets
-79.8%
Age of the figures
21 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
Motion picture, video and television programme production, sound recording and music publishing activities (NACE 59)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
21222324
2021 to 2024 · latest year €-941
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-06-2025, 37 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
37 d early
2023
35 d early
2022
35 d early
2021
34 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€-941
2023 · €11k
2021: €-5klowest in 4 years
2022: €-1k▲ +71.4% vs 2021
2023: €11k▲ +890% vs 2022highest in 4 years
2024: €-941▼ -108% vs 2023
2021 → 2024
Total assets
€15k▼ 55.2%
2023 · €34k
2021: €10klowest in 4 years
2022: €29k▲ +209% vs 2021
2023: €34k▲ +15.8% vs 2022highest in 4 years
2024: €15k▼ -55.2% vs 2023
2021 → 2024
Net result
€-12k
2023 · €13k
2021: €-7k
2022: €4k▲ +151% vs 2021
2023: €13k▲ +256% vs 2022highest in 4 years
2024: €-12k▼ -196% vs 2023lowest in 4 years
2021 → 2024
Working capital
€-7k
2023 · €9k
2021: €-5k
2022: €-5k▼ -1.8% vs 2021
2023: €9k▲ +284% vs 2022highest in 4 years
2024: €-7k▼ -170% vs 2023lowest in 4 years
2021 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€-5k-€-1k▲ 71.4%€11k€-941
2021: €-5klowest in 4 years
2022: €-1k▲ +71.4% vs 2021
2023: €11k▲ +890% vs 2022highest in 4 years
2024: €-941▼ -108% vs 2023
Operating result€-7k-€4k€19k▲ 412%€-10k
2021: €-7k
2022: €4k▲ +154% vs 2021
2023: €19k▲ +412% vs 2022highest in 4 years
2024: €-10k▼ -150% vs 2023lowest in 4 years
Net result€-7k-€4k€13k▲ 256%€-12k
2021: €-7k
2022: €4k▲ +151% vs 2021
2023: €13k▲ +256% vs 2022highest in 4 years
2024: €-12k▼ -196% vs 2023lowest in 4 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €10k after €19k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €15k
Fixed assets
€6k ▲ 44.2%
Current assets
€9k ▼ 68.5%
Key figures and ratios
EBITDA
€-6k▼
2023 · €23k
Cash flow
€-8k▼
2023 · €16k
Solvency
-6.2%▼
2023 · 33.0%
Current ratio
0.59▼
2023 · 1.45
ROA
-79.8%▼
2023 · 37.1%
Interest coverage
-16.08▼
2023 · 37.09
Debt
€16k▼
2023 · €23k
Debt ≤ 1 year
€16k▼
2023 · €21k
Debt > 1 year
€165▼
2023 · €2k
Income taxes
€2k▼
2023 · €6k
Equity ratios withheld: equity of €-941 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 47 lines
Balance sheet
Code20232024
Assets
Total assets20/58€34k€15k▼
Fixed assets21/28€4k€6k▲
Tangible fixed assets22/27€4k€6k▲
Plant, machinery and equipment23€1k€279▼
Furniture and vehicles24€3k€6k▲
Current assets29/58€30k€9k▼
Amounts receivable after more than one year29€21k-
Other amounts receivable291€21k-
Amounts receivable within one year40/41€10k-
Trade receivables40€10k-
Current investments50/53-€9k
Equity and liabilities
Total equity and liabilities10/49€34k€15k▼
Equity10/15€11k€-941▼
Contributions10/11€2k€2k=
Reserves13€9k€9k=
Distributable reserves133€9k€9k=
Profit (loss) carried forward14-€-12k
Amounts payable17/49€23k€16k▼
Amounts payable after more than one year17€2k€165▼
Financial debts170/4€2k€165▼
Amounts payable within one year42/48€21k€16k▼
Current portion of amounts payable after more than one year42€2k€2k▲
Financial debts43€1k-
Credit institutions430/8€1k-
Trade debts44€3k€3k▼
Suppliers440/4€3k€3k▼
Taxes, remuneration and social security45€8k€9k▲
Taxes450/3€8k€7k▼
Remuneration and social security454/9-€2k
Other amounts payable47/48€6k€2k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▲
Other operating charges640/8€2k€2k▲
Non-recurring operating charges66A€1k€994▼
Gross operating margin9900€26k€-3k▼
Operating profit (loss)9901€19k€-10k▼
Financial income75/76B€246€214▼
Recurring financial income75€246€214▼
Financial charges65/66B€610€362▼
Recurring financial charges65€610€362▼
Profit (loss) for the period before taxes9903€19k€-10k▼
Income taxes67/77€6k€2k▼
Profit (loss) for the period9904€13k€-12k▼
Profit (loss) for the period to be appropriated9905€13k€-12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€9k€-12k▼
Profit (loss) brought forward from the previous period14P€-3k-
Transfer to equity691/2€9k-
To other reserves6921€9k-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €3k | €4k | €4k | ▲ 2.9% |
| Other operating charges640/8 | €2k | €1k | €2k | €2k | ▲ 11.9% |
| Non-recurring operating charges66A | €2k | €1k | €1k | €994 | ▼ 8.5% |
| Gross operating margin9900 | €-3k | €9k | €26k | €-3k | ▼ 110% |
| Operating profit (loss)9901 | €-7k | €4k | €19k | €-10k | ▼ 150% |
| Financial income75/76B | €1 | €173 | €246 | €214 | ▼ 13.1% |
| Recurring financial income75 | €1 | €173 | €246 | €214 | ▼ 13.1% |
| Financial charges65/66B | €151 | €328 | €610 | €362 | ▼ 40.7% |
| Recurring financial charges65 | €151 | €328 | €610 | €362 | ▼ 40.7% |
| Profit (loss) for the period before taxes9903 | €-7k | €4k | €19k | €-10k | ▼ 152% |
| Income taxes67/77 | - | - | €6k | €2k | ▼ 59.0% |
| Profit (loss) for the period9904 | €-7k | €4k | €13k | €-12k | ▼ 196% |
| Profit (loss) for the period to be appropriated9905 | €-7k | €4k | €13k | €-12k | ▼ 196% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €10k | €29k | €34k | €15k | ▼ 55.2% |
| Fixed assets21/28 | - | €8k | €4k | €6k | ▲ 44.2% |
| Tangible fixed assets22/27 | - | €8k | €4k | €6k | ▲ 44.2% |
| Plant, machinery and equipment23 | - | €2k | €1k | €279 | ▼ 76.9% |
| Furniture and vehicles24 | - | €6k | €3k | €6k | ▲ 96.5% |
| Current assets29/58 | €10k | €22k | €30k | €9k | ▼ 68.5% |
| Amounts receivable after more than one year29 | - | €21k | €21k | - | - |
| Other amounts receivable291 | - | €21k | €21k | - | - |
| Amounts receivable within one year40/41 | €109 | €527 | €10k | - | - |
| Trade receivables40 | €109 | - | €10k | - | - |
| Other amounts receivable41 | - | €527 | - | - | - |
| Current investments50/53 | - | - | - | €9k | - |
| Cash at bank and in hand54/58 | €9k | €734 | - | - | - |
| Deferred charges and accrued income490/1 | €889 | - | - | - | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €10k | €29k | €34k | €15k | ▼ 55.2% |
| Equity10/15 | €-5k | €-1k | €11k | €-941 | ▼ 108% |
| Contributions10/11 | €2k | €2k | €2k | €2k | = |
| Outside capital11 | €2k | - | - | - | - |
| Other1109/19 | €2k | - | - | - | - |
| Reserves13 | - | - | €9k | €9k | = |
| Distributable reserves133 | - | - | €9k | €9k | = |
| Profit (loss) carried forward14 | €-7k | €-3k | - | €-12k | - |
| Amounts payable17/49 | €14k | €31k | €23k | €16k | ▼ 29.1% |
| Amounts payable after more than one year17 | - | €4k | €2k | €165 | ▼ 92.2% |
| Financial debts170/4 | - | €4k | €2k | €165 | ▼ 92.2% |
| Amounts payable within one year42/48 | €14k | €27k | €21k | €16k | ▼ 22.6% |
| Current portion of amounts payable after more than one year42 | - | €2k | €2k | €2k | ▲ 2.2% |
| Financial debts43 | - | - | €1k | - | - |
| Credit institutions430/8 | - | - | €1k | - | - |
| Trade debts44 | €5k | €5k | €3k | €3k | ▼ 10.7% |
| Suppliers440/4 | €5k | €5k | €3k | €3k | ▼ 10.7% |
| Advances received on contracts in progress46 | - | €18k | - | - | - |
| Taxes, remuneration and social security45 | €8k | - | €8k | €9k | ▲ 13.5% |
| Taxes450/3 | €4k | - | €8k | €7k | ▼ 13.6% |
| Remuneration and social security454/9 | €4k | - | - | €2k | - |
| Other amounts payable47/48 | €2k | €2k | €6k | €2k | ▼ 71.9% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-7k | €4k | €13k | €-12k | ▼ 196% |
| + Depreciation and write-downs630 | - | €3k | €4k | €4k | ▲ 2.9% |
| Operating cash flow (approximation) | €-7k | €7k | €16k | €-8k | ▼ 152% |
| Investment in fixed assets (approximation) | - | - | €0 | €-6k | - |
| Change in cash | - | €-8k | - | - | - |
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
2025
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-12k
Net result drops to €-12k, the lowest in the series.
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2021net €13k ▲256%
Operating result €19k, net result €13k, both a record.
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
4 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 2021
Ground area
3,117 m²
Building footprint
1,347 m²
Volume, LiDAR
12,967 m³
Parcel 44809I0837/00W011, Flanders · tallest building 20.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
SYLVAIN
since 20212.315.498.579
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44809I0837/00W011 | Flanders | 3,117 m² | 1 · 1,347 m² | 20.3 m · 1 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.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 3 entries · 7,692 EUR awarded · 3,192 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 0 EUR | 3,000 EUR |
| 2023 | 1 | 7,500 EUR | 0 EUR |
| 2022 | 1 | 192 EUR | 192 EUR |
Schemes
Projectsubsidie voor een initiatief in de audiovisuele of gamesector (Decreet Vlaams Audiovisueel Fonds 1999)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
NAOJI
BE 1012.820.550
Fontaine-l'Evêque · Eq €11,167
EYE CONTRAST PRODUCTION
BE 1008.216.020
Brussel · Eq €10,943
ALIEN PRODUCTION
BE 0822.804.973
Grâce-Hollogne · Eq €10,506
LiveGroup
BE 0802.871.176
Genk · Eq €10,052
NARRATIV NATION
BE 0607.928.395
Brussel · Eq €12,668
Of 485 companies in sector 59112 we hold annual accounts for 248. 152 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded08-01-2021
Fiscal year end31-12
Activities, NACEBEL 2025
59112Motion picture, video and television programme production, sound recording and music publishing activities
56210Event catering
59111Production of cinema films
73110Advertising agencies
85599Other education
Scores and ratios are computed by Checked and are not a credit decision.