Turnover
≈ €180,000 estimated
The micro format states no turnover.
Third Man Films
Lifetime
1 annual account with figurespeak €44,341 (2025)
€44,341
peak €28,124 (2025)
€28,124
peak €33,124 (2025)
€33,124
€9,146
Board3 names since 2025
1 directorLECLERCQ Ronal
Documentsfilings and deeds
20-07-202611 days before the deadline
2025micro format
Incorporation 13-031 establishment registeredFirst year with figures
Key points
from the 2025 annual accountsStarting capital
€5,000
Position in the sector
78.4%
Higher solvency than 80% of companies in film, video and music. Sector median 48.2% · 1,871 companies.
Checked score
93
Excellent
Financially stronger than 89% of micro companies in film, video and music (NACE 59)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.3% across 2,576 companies (NACE 59, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
04-2026: 1.0%
05-2026: 1.0%● unchanged vs 04-2026
06-2026: 1.1%▲ +0.1 percentage points vs 05-2026
07-2026: 1.2%▲ +0.1 percentage points vs 06-2026highest value
08-2026: 0.2%▼ -1.0 percentage point vs 07-2026lowest value
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Size: total assets €42,270
Founded in 2025
lowers risk
Liquidity: current ratio 4.04, cash €17,015
Sector: Motion picture, video and television programme production, sound recording and music publishing activities (NACE 59)
Calculation
The band follows from the bankruptcy probability. 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 59, micro). It does better than 89% of them on solvency, 87% on liquidity and 92% on profitability.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 11,279 companies had the same profile as Third Man Films has now. Each dot stands for 29 companies, two years later.
96.6%
were still trading
2.6%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of Third Man Films itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 11,279 companies, not a prediction for Third Man Films. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €3,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.04, above the usual 1.5. Short-term debt is 21.6% and cash 40.3% of total assets. 21.6% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 20-07-2026, 11 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
11 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
Board and ownership
LR
LECLERCQ Ronal
Director
- LECLERCQ Ronald Christophe 100 sharesdeed of 13-03-2025
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1020905501
Incorporation
Founding capital of €5,000 · Founder: LECLERCQ Ronald Christophe · Appointments: LECLERCQ Ronald Christophe (director) and Delphine COMPS (alternate director) · published on 13-03-2025 · Gazette deed
First establishment
Rue de Bomel 112, Namur
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Third Man Films Namur | €42,270 | €44,341 | 78.4% | - |
| SE Production Perwez | €46,101 | €41,119 | 67.4% | - |
| PATOUK PROD Liège | €35,690 | €54,828 | 2.8% | - |
| RECCOM Braine-l'Alleud | €59,883 | €42,764 | 69.5% | - |
| J UNIVERSE Willebroek | €31,253 | €28,492 | 80.5% | - |
| LouisTheBird Ixelles | €49,198 | €28,518 | 48.6% | - |
| ORAGE Forest | €59,662 | €52,786 | 71.7% | - |
These companies have the same main activity as Third Man Films: production of cinema films (NACE 59111). They are comparable in size and age: total assets between €31,300 and €59,900, founded between 2024 and 2025.
Official details
Source: KBO- Status
- Active since 11-03-2025Normal situation
- Activity
- Production of cinema filmsNACE 59111and 5 others
- Establishment unit
- 2.371.302.7785000 Namur, since 11-03-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 31-03-2025
Annual accounts 2025
- €42,270
- Filing
- Filed on 20-07-2026, 11 days before the end of the filing period
Insights on Third Man Films
Third Man Films has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €33,124 and a net result of €28,124.
Its solvency ranks better than 81% of 1,871 sector peers (NACE 59, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Third Man Films
- What is the company number of Third Man Films?
- The company number of Third Man Films is 1020.905.501. The VAT number is the same number with BE in front: BE 1020.905.501.
- Where is Third Man Films based?
- The registered office is at Rue de Bomel 112, 5000 Namur.Company details
- What does Third Man Films do?
- According to the KBO register, the main activity is production of cinema films (NACE 59111).
- What is the legal form of Third Man Films?
- Third Man Films is a private limited company (BV).
- When was Third Man Films founded?
- Third Man Films was founded on 11-03-2025.
- Is Third Man Films still active?
- Yes, Third Man Films is an active enterprise in the KBO register.
- What is the turnover of Third Man Films?
- The turnover in financial year 2025 is ≈ €180,000. This figure is estimated from the gross margin of €44,341 and 2,934 comparable companies of the same size. It probably lies between €110,000 and €320,000. It is a rough estimate.Financials
- Is Third Man Films profitable?
- In financial year 2025, Third Man Films made a profit of €28,124.
- Where can I find the annual accounts of Third Man Films?
- Third Man Films filed 1 annual account with the National Bank of Belgium, for financial year 2025.
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