Turnover
≈ €340,000 estimated
The micro format states no turnover.
VERTICAL VIEW
Overview
Lifetime
1 annual account with figurespeak €134,308 (2025)
€134,308
peak €63,777 (2025)
€63,777
peak €65,777 (2025)
€65,777
€56,908
Board1 name since 2024
1 directorDIEU David Michel Germain
Documentsfilings and deeds
23-09-202654 days late
2025micro format
First year with figures
Key points
from the 2025 annual accountsStarting capital
€2,000 2,000 shares
Position in the sector
€63,777
Higher net result than 91% of companies in film, video and music. Sector median €5,451 · 1,872 companies.
2025 accounts filed 54 days after the deadline
Checked score
92
Excellent
Financially stronger than 73% 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
01-2026: 1.0%
02-2026: 1.0%● unchanged vs 01-2026
03-2026: 1.1%▲ +0.1 percentage points vs 02-2026
04-2026: 1.1%● unchanged vs 03-2026
05-2026: 1.2%▲ +0.1 percentage points vs 04-2026
06-2026: 1.3%▲ +0.1 percentage points vs 05-2026
07-2026: 1.5%▲ +0.2 percentage points vs 06-2026highest value
08-2026: 1.5%● unchanged vs 07-2026highest value
09-2026: 1.4%▼ -0.1 percentage points vs 08-2026
10-2026: 0.2%▼ -1.2 percentage points vs 09-2026lowest value
11-2026: 0.2%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Last filed accounts filed 54 days late; 1 of the last 3 accounts late
lowers risk
Liquidity: current ratio 2.04, cash €70,986
Sector: Motion picture, video and television programme production, sound recording and music publishing activities (NACE 59)
Equity €65,777 (53.6% of total assets)
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 58% of them on solvency, 71% on liquidity and 92% on profitability.
The bankruptcy probability was computed on 08-11-2026 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 VERTICAL VIEW 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 VERTICAL VIEW 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 VERTICAL VIEW. 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 €6,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity is ample, with a current ratio of 2.04, above the usual 1.5. Short-term debt is 46.4% and cash 57.9% of total assets. 46.4% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Young company
Founded in 2024, a year ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation dateAge against the risk zone
raises risk · 2025 accounts filed 54 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-09-2026, 54 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 · 1 filingDeviation from the deadline
2025
54 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1017622149
Incorporation
Founding capital of €2,000, 2,000 shares · Founder: DIEU David Michel Germain · Appointment: DIEU David Michel Germain (director) · published on 20-12-2024 · Gazette deed
First establishment
Courbevoie 13, Ottignies-Louvain-la-Neuve
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| VERTICAL VIEW Ottignies-Louvain-la-Neuve | €122,685 | €134,308 | 53.6% | - |
| Playful Pandas Ghent | €135,304 | €169,642 | 3.6% | 3.7 |
| KABOOM Woluwe-Saint-Lambert | €159,567 | €113,536 | 56.9% | - |
| STORY CLUB PRODUCTION Mons | €120,903 | €93,311 | 58.9% | - |
| STUDIO STOBBE Ghent | €163,895 | €81,398 | 39.8% | - |
| Mira & Watts Evere | €90,963 | €80,137 | 72.6% | - |
| Mind The View Antwerp | €116,564 | €75,779 | 52.1% | - |
These companies have the same main activity as VERTICAL VIEW: video and film production, excluding cinema and television films (NACE 59113). They are comparable in size and age: total assets between €91,000 and €164,000, founded between 2024 and 2025.
Official details
Source: KBO- Status
- Active since 18-12-2024Normal situation
- Registered office
- 76 active companies are registered at this address8 started in the 12 months before. Source: KBO register, as of 9 November 2026.
- Activity
- Video and film production, excluding cinema and television filmsNACE 59113and 3 others
- Joint committee
- 227Audiovisual sector · annual accounts 2025
- Establishment unit
- 2.368.460.7771348 Ottignies-Louvain-la-Neuve, since 18-12-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 11-03-2026
Annual accounts 2025
- €134,308
- €63,777
- €65,777
- €122,685
- Employeeson 31-12-2025
- 5
- Filing
- Filed on 23-09-2026
Insights on VERTICAL VIEW
VERTICAL VIEW has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €65,777 and a net result of €63,777.
Its solvency ranks better than 55% 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.
Financials
Annual accounts 2025
micro format, filed on 23-09-2026, 54 days late€134,308
€85,460
€63,777
€59,337
53.6%
2.04
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €340,000. Estimated: probably between €220,000 and €520,000.
Balance sheet
balance sheet total €122,685 on 31-12-2025What the company ownsHow it is paid for
Position in the sector
53.6%
Higher than 55% of 1,871 companies in 2025.
2.04
Higher than 54% of 1,776 companies in 2025.
52.0%
Higher than 95% of 1,795 companies in 2025.
VERTICAL VIEW
Middle half of the sector
80% of the sector
Micro accounts in film, video and music (NACE 59)
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Staff
€15,553
Staff costs divided by the average number of full-time equivalents.
+5 people
people who joined
people who left
In 2025, 9 people joined and 4 left. Training hours in 2025: 3,853.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
122,685 | |
21/28 |
6,440 | |
21 |
2,523 | |
22/27 |
3,918 | |
23 |
1,595 | |
24 |
2,323 | |
29/58 |
116,245 | |
40/41 |
45,259 | |
40 |
43,686 | |
41 |
1,572 | |
54/58 |
70,986 | |
| Balance sheet: equity and liabilities | ||
10/49 |
122,685 | |
10/15 |
65,777 | |
10/11 |
2,000 | |
14 |
63,777 | |
17/49 |
56,908 | |
42/48 |
56,908 | |
44 |
17,003 | |
440/4 |
17,003 | |
45 |
37,642 | |
450/3 |
35,338 | |
454/9 |
2,304 | |
47/48 |
2,263 | |
| Income statement | ||
9900 |
134,308 | |
62 |
46,658 | |
630 |
1,327 | |
640/8 |
863 | |
9901 |
85,460 | |
75/76B |
0 | |
75 |
0 | |
65/66B |
96 | |
65 |
96 | |
9903 |
85,364 | |
67/77 |
21,588 | |
9904 |
63,777 | |
9905 |
63,777 | |
| Appropriation of the result | ||
9906 |
63,777 | |
| Social balance sheet | ||
9087 |
3 | |
Hours worked1013 |
5,127 | |
| Document | ||
The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 23-09-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 54 days after the deadline. Filed on 23 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00520812.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 23-09-2026 | 2026-00520812 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| 86,787 | ||
| 65,104 | ||
| 7,767 | ||
| 59,337 | ||
| 53.6% | ||
| 2.04 | ||
| 0.87 | ||
| 97.0% | ||
| 52.0% | ||
| over 100 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2025 |
|---|---|
| Employees at the balance-sheet date | 5 |
| full-time | 2 |
| part-time | 3 |
| in full-time equivalents | 2.6 |
| 2.5 | |
| On a permanent contract | 2 |
| Joined | 9 |
| Left | 4 |
| Training hours | 3,853 |
Source: social balance sheet in the 2025 annual accounts
Investments
fixed assets acquired| Item | 2025 |
|---|---|
| Tangible fixed assets | €4,594 |
| Intangible fixed assets | €3,173 |
| €1,327 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Insights on VERTICAL VIEW
Debt's share of the balance-sheet total is 46.4%.
Board & ownership
Board
1 director, since incorporationDirector
since 18-12-2024
term without a fixed end
also on the board of 1 other company
listed in the 2025 annual accounts, filed on 23-09-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “Article 12. Pouvoirs de l’organe d’administration S’il n’y a qu’un seul administrateur, la totalité des pouvoirs d’administration lui est…”deed of 20-12-2024
Mandates through the years
1 name, the dashed line is todayDIEU David Michel Germain
Director
Director
Board
Mandates as a list
- DIEU David Michel Germain
- Director, from 18-12-2024 to date
Control
Capital
- Contribution
- €2,000
- Shares
- 2,000
- Contribution per share
- €1
- Equity per share
- €32.89 in 2025
- Source
- deed of 20-12-2024
Articles of association
deed of 20-12-2024 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Moitié cédant moitié acquéreurs au prorata si plusieurs, cessions entre vifs d'actions ou autres titres donnant droit à acquisition…”
Shareholders
At incorporation
deed of 20-12-2024 ↗
- DIEU David Michel Germain 2,000 shares (100%) · €2,000
Network & group
No group
VERTICAL VIEW has no parent and no holdings in its annual accounts. DIEU David Michel Germain is the only director.
Earlier ties
| Association des étudiants de l'EPHEC via DIEU David Michel Germain, no longer at Association des étudiants de l'EPHEC · Director · deed of 15-12-2021 |
founded in 1999 |
Connections & network
1 connected companyThe connected companies are in the list below.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
DIEU MEDIA
via DIEU David Michel Germain · Director (not named in the articles) · deed of 25-10-2022
Founded in 2022 · total assets €99,094 (2025)
→
Timeline
Timeline
4 events since 2024Filings
Establishments
202420252026
2026
Annual accounts 2025 filed NBBmicro format · 54 days late
Registered in the Peppol Directory Reachable for e-invoices through 0208:1017622149
2024
IncorporationFounding capital of €2,000, 2,000 shares · Founder: DIEU David Michel Germain · Appointment: DIEU David Michel Germain (director) · published on 20-12-20247 points ▸
- Founder, DIEU David Michel Germain
- Founding capital, €2,000, 2,000 shares
- Registered office clause, RégionWallonne
- 2,000 shares
- Registered office clause, Courbevoie 13, 1348 Louvain-La-Neuve
- Board rule, 1
- Director appointment, DIEU David Michel Germain
- The deed holds 2 more points.
First establishment Courbevoie 13, Ottignies-Louvain-la-Neuve
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Identity
- Enterprise number
- 1017.622.149
- VAT number
- BE 1017.622.149
- Peppol ID
- 0208:1017622149
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 18-12-2024
- Financial year
- ends on 31 December
- Peppol
- Reachable since 11-03-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- VERTICAL VIEW in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 20-12-2024 (in French)
Activities
NACEBEL 2025VAT activities
59113
Video and film production, excluding cinema and television films main activity
Social security (RSZ) activities
59130
Motion picture, video and television programme production, sound recording and music publishing activities main activity
Joint committees annual accounts 2025
JC 227
Audiovisual sector
Codes under NACEBEL 2008
59113
Motion picture, video and television programme production, sound recording and music publishing activities main activity
59120
Post-production of films, video and television programmes
74201
Photography, excluding press photography
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Toute activité de production,de montage et post-production,de distribution,d'exploitation,d’édition,d'achat,vente,ou location,seule ou en…”deed of 20-12-2024 (in French)
20 activities
- Toute activité de production,de montage et post-production,de distribution,d'exploitation,d’édition,d'achat,vente,ou location,seule ou en participation,de tout document ou réalisation photographique ou vidéo,de contenus filmés lors de voyage,de contenus live cam,… et leur diffusion selon tous moyens et notamment sur des plateformes dédiées sur internet,
- Toutes activités dans le domaine du media sociale (social media,réseaux sociaux) et télévisiuel,
- Le dépôt,la concession,la licence,l'exploitation et toute espèce de mise en oeuvre des droits de propriété vidéo et photographiques,artistiques et industriels,relatifs aux biens produits,distribués et autres,
- L’achat,la vente,la location,la mise à disposition de tout matériel photo et vidéo,ainsi que de tout matériel,logiciel et programme informatique de production,de montage et post-production,
- L’organisation,la promotion et l'exploitation d’évènements,d'ateliers ou autres structures,ainsi que la mise en place de toute forme de collaboration (notamment la collaboration avec d’autres créateurs,le parrainage,…) participant à la réalisation de tout ou partie des activités du présent objet social,
- Toute activité de journalisme,rédaction d’articles,toute activité dans le monde de l’audiovisuel et de la presse écrite,consultance en tout genre,production de films,reportages,documentaires,
- Toute activité d'animateur média,
- Toute activité de conception de logiciels informatiques,sites web,assistance informatique,applications mobiles,
- La mise à disposition,le prêt,la location,la prise en location de personnel et/ou de matériel généralement quelconque et en particulier tout le matériel de type audiovisuel,notamment les téléviseurs et autres appareils audiovisuels,ainsi que l'achat,la vente en gros et au détail,le financement,l'importation,l'exportation,la représentation et le courtage dudit matériel ;
- Toutes les activités de conseil de gestion d’entreprises,incluant l’optimalisation des sources d’approvisionnement en matières premières et marchandises,des moyens de production,des stratégies commerciales,du recrutement de personnel,de la gestion des stocks en produits finis et marchandises,des sources et moyens de financement,de la gestion de la trésorerie,de la formation et de la motivation du personnel,des système et méthodes informatiques,des méthodes et procédures de travail,la réalisation de travaux de traduction ;
- L'organisation d'évènements et de manifestations culturelles,festives ou sportives,de type national ou international ;
- L’organisation de soirées dansantes,congrès,salons,concerts,dîners-spectacles,spectacles,défilés de mode,mariages,avec un concept d'actes à la carte,des services de sonorisation,discjockey,maquillage,décoration,photo-vidéo,journalisme et décoration intérieure ;
- La vente import/export,achat textile,achats de cadeaux d’entreprise ;
- La location de salles d’événements,l’hébergement,la consultance,le marketing,la création,le développement,l'administration de sites internet ;
- L'achat,la vente d'espaces publicitaires,achat ou vente de sites internet.Expert en digital.Community management ;
- Les activités d’intermédiaire de commerce en tout genre ;
- L’organisation,l’enseignement et la réalisation de formations,séminaires,cours,congrès,conférences,stages,stages de perfectionnement,dans tous les domaines repris ci-dessus ;
- Les prestations de services se rapportant directement ou indirectement aux activités ci-dessus
- La vente de conseils ou de stratégies aux particuliers ou aux entreprises dans le cadre de campagne d’acquisition via des productions audio-visuelles.
- L’achat,la vente,la location,la mise à disposition de tous procédés,de tous droits intellectuels et de tout matériel se rapportant directement ou indirectement aux activités ci-dessus.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Courbevoie 13 registered office 1348 Ottignies-Louvain-la-Neuve | 18-12-2024 | 2.368.460.777 |