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They Dream

Active
Private limited companyfounded 2013active for 13 yearsSchaarbeeklei 647, 1800 Vilvoorde, BelgiumKBO/BCE: BE 0536.809.084
Summary

They Dream has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€211,619) and a net result of €137,638. Equity is growing by about 17% per year across the filed financial years. Its solvency ranks better than 9% of 8,449 sector peers (NACE 73, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Activity
Advertising agencies
NACE 73110
1 site
Size
€626,330total assets 2025
Staff
4.3 FTE
Equity
-€211,619
Profit
€137,638
Turnover not published (abbreviated or micro format)
Financial health
55 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Structure
Accounts 51 days early0 of 4 deeds read
Why 55raises riskCapped at 59: negative equityNegative equity -€211,619lowers riskSize: total assets €626,330Figures for financial year 2025 (filed 12-12-2025)Founded in 2013Show the evidence

Checked score

Score 2025
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 40% of its sector peers (NACE 73, micro)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 0=
equity -33.8% of total assets
Liquidity 9+8
short-term debt 132.5% · cash 6.9%
Profitability 92-8
return on assets 22.0%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (11,204 companies, NACE 73, micro)
Last 24 months 11-2024: 0.6% 12-2024: 0.6%● unchanged vs 11-2024 01-2025: 0.7%▲ +0.1 percentage points vs 12-2024highest value 02-2025: 0.7%● unchanged vs 01-2025highest value 03-2025: 0.7%● unchanged vs 02-2025highest value 04-2025: 0.7%● unchanged vs 03-2025highest value 05-2025: 0.6%▼ -0.1 percentage points vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.6%● unchanged vs 06-2025 08-2025: 0.6%● unchanged vs 07-2025 09-2025: 0.6%● unchanged vs 08-2025 10-2025: 0.6%● unchanged vs 09-2025 11-2025: 0.6%● unchanged vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.3%▼ -0.3 percentage points vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.3%● unchanged vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026lowest value 10-2026: 0.3%● unchanged vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.74, compared with 0.26 in 2024; short-term debt: 132.5% and cash: 6.9% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 73, micro): better than 5% on solvency, 6% on liquidity, 69% on profitability and 80% on growth.

The bankruptcy probability was computed on 10-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €626,330
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Negative equity -€211,619
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 12-12-2025)
NBB · annual accounts
lowers risk · Founded in 2013
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 8449 sector peers (2025).
NBB · sector comparison
Position among 8449 sector peers
Solvency
better than 9%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 11-12-2025, 51 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
51 days early
2024
35 days early
2023
35 days early
2022
32 days early
2021
31 days early
2020
34 days early
2019
36 days early
← 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 36 days before the deadline; the sector median (NACE 73) for financial year 2024 is 6 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 27 December (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end11-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Highest result from 2019 to 2025net €137,638 ▲69%
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€211,619 View
  • Caution: Among the weakest 5% on equitysector median €58,899 · 8,457 companies -€211,619 View
  • Positive: Result rose in 2025from €81,419 to €137,638 ▲ 69.0% View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 6 profitable years in a rowprofit 2025: €137,638 6 years View

By topic

Financials

Financial year
2025
Total assets
€626,330
Profit
€137,638
Solvency
-33.8%
Turnover▼ 47.5%
Net result
20212022
Go to Financials

Timeline

Events
13
Since
2016
Next accounts
by 31-01-2027
  1. 27-12-2023Annual accounts filed
  2. 30-12-2022Annual accounts filed
  3. 31-12-2021Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Advertising agenciesNACE 73110
Founded
19-07-2013
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

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