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TRIANGLE 7

Active
Coöperatieve vennootschap met beperkte aansprakelijkheidfounded 1987active for 39 yearsTerhulpsesteenweg 268, 1170 Watermaal-Bosvoorde, BelgiumKBO/BCE: BE 0430.592.106
Summary

The computed 12-month bankruptcy probability of TRIANGLE 7 is 3.6% (moderate). The 2024 annual accounts show negative equity (-€195,690) and a net result of -€102,064. Equity has been shrinking by about 18% per year since 2018. Its solvency ranks better than 12% of 1,904 sector peers (NACE 59, financial year 2024). The company has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 01-03-1987 Normal situation
Activity
Production of cinema films NACE 59111and 1 other
Establishment unit
2.032.893.336 1170 Watermaal-Bosvoorde, since 18-03-1987
Financial year end
31 December
Peppol
Reachable since 14-01-2026

Board and ownership

Board
  • SELLIER PhilippeDirector

Financial position

47 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
3.6%
Annual accounts 2024
Gross margin
€360,102
▼ 28.0%
Turnover
≈ €720,000
estimated
Loss
€102,064
▲ 182%
Equity
-€195,690
▼ 109%
Total assets
€495,605
▼ 17.0%
Employees on 31-12-2024
5
▼ 16.7%
  • Negative equity on 31-12-2024
  • 2025 accounts not filed, 94 days past the deadline
Filed on 30-08-2025
Score breakdownraises riskLoss of €102,064, the second in a row (financial year 2024)Figures for financial year 2024 (filed on 02-09-2025)lowers riskSize: total assets €495,605Founded in 1987Show the evidence

Checked score

Score 2024
47 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 6% of micro companies in film, video and music (NACE 59)
Financial strength · tick: 2023
Weak
Solvency 0-9
equity -39.5% of total assets
Liquidity 2=
short-term debt 138.1% · cash 1.3%
Profitability 0-26
return on assets -20.6%
Bankruptcy probability within 12 months
3.6% Moderate
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (2,572 companies, NACE 59, micro)
Last 24 months 12-2024: 1.5% 01-2025: 1.5%● unchanged vs 12-2024 02-2025: 1.5%● unchanged vs 01-2025 03-2025: 1.4%▼ -0.1 percentage points vs 02-2025 04-2025: 1.5%▲ +0.1 percentage points vs 03-2025 05-2025: 1.4%▼ -0.1 percentage points vs 04-2025lowest value 06-2025: 1.5%▲ +0.1 percentage points vs 05-2025 07-2025: 1.7%▲ +0.2 percentage points vs 06-2025 08-2025: 2.2%▲ +0.5 percentage points vs 07-2025 09-2025: 2.4%▲ +0.2 percentage points vs 08-2025 10-2025: 2.3%▼ -0.1 percentage points vs 09-2025 11-2025: 2.3%● unchanged vs 10-2025 12-2025: 2.3%● unchanged vs 11-2025 01-2026: 2.3%● unchanged vs 12-2025 02-2026: 2.3%● unchanged vs 01-2026 03-2026: 2.3%● unchanged vs 02-2026 04-2026: 2.3%● unchanged vs 03-2026 05-2026: 2.2%▼ -0.1 percentage points vs 04-2026 06-2026: 2.4%▲ +0.2 percentage points vs 05-2026 07-2026: 2.6%▲ +0.2 percentage points vs 06-2026 08-2026: 2.9%▲ +0.3 percentage points vs 07-2026 09-2026: 3.1%▲ +0.2 percentage points vs 08-2026 10-2026: 3.6%▲ +0.5 percentage points vs 09-2026highest value 11-2026: 3.6%● unchanged vs 10-2026highest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.54 (0.65 in 2023), below 1. Short-term debt is 138.1% and cash 1.3% of total assets. Equity is negative.
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 6% of them on solvency, 4% on liquidity, 8% on profitability and 5% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises risk
raises risk · Loss of €102,064, the second in a row (financial year 2024)
NBB · annual accounts
lowers risk · Size: total assets €495,605
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Figures for financial year 2024 (filed on 02-09-2025)
NBB · annual accounts
lowers risk · Founded in 1987
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€195,690
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 94 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline02-11-2026 today
raises risk · 2024 accounts filed 30 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-08-2025, 30 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
30 days late
2023
68 days late
2022
31 days late
2021
78 days late
2020
61 days late
2019
300 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 95 days after the deadline. In the sector (NACE 59), the median for financial year 2024 was 2 days before the deadline, and 41% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2024 -€195,690 View
  • Caution: Result fell in 2024from -€36,191 to -€102,064 ▼ 182% View
  • Caution: Lower net result than 95% of companies in film, video and musicsector median €5,122 · 1,908 companies -€102,064 View
  • Caution: 2 loss-making years in a rowloss in financial year 2024 -€102,064 View
  • Wallonia-Brussels supportpaid from 2021 to 2025 €230,458 View

Recent changes

  1. · Gazette deed Incorporation
All 14 events

Comparable companies

These companies have the same main activity as TRIANGLE 7: production of cinema films (NACE 59111). They are comparable in size and age: total assets between €350,000 and €826,000, founded between 1984 and 1994.

CompanyTotal assetsGross margin
TRIANGLE 7 Watermaal-Bosvoorde€495,605€360,102
JaJa Gent€444,183€367,629
DOMINO PRODUCTION Elsene€702,071€319,901
Camera5 Evere€825,723€359,604
Idily Fernelmont€673,563€238,562
FESTIVAL INTERNATIONAL DU FILM FRANCOPHONE DE NAMUR Namur€525,709€841,085
Team For Action Ukkel€350,125€129,627
Full comparison

Key facts about TRIANGLE 7

What is the company number of TRIANGLE 7?
The company number of TRIANGLE 7 is 0430.592.106. The VAT number is the same number with BE in front: BE 0430.592.106.
Where is TRIANGLE 7 based?
The registered office is at Terhulpsesteenweg 268, 1170 Watermaal-Bosvoorde.Company details
What does TRIANGLE 7 do?
According to the KBO register, the main activity is production of cinema films (NACE 59111).
What is the legal form of TRIANGLE 7?
The legal form of TRIANGLE 7 is Coöperatieve vennootschap met beperkte aansprakelijkheid.
When was TRIANGLE 7 founded?
TRIANGLE 7 was founded on 01-03-1987.
Is TRIANGLE 7 still active?
Yes, TRIANGLE 7 is an active enterprise in the KBO register.
How many employees does TRIANGLE 7 have?
TRIANGLE 7 had an average of 4.9 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of TRIANGLE 7?
The turnover in financial year 2024 is ≈ €720,000. This figure is estimated from the gross margin of €360,102 and 883 comparable companies of the same size. It probably lies between €500,000 and €1.0m. It is a rough estimate.
Is TRIANGLE 7 profitable?
In financial year 2024, TRIANGLE 7 made a loss of €102,064.
Where can I find the annual accounts of TRIANGLE 7?
TRIANGLE 7 filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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