Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
5 profitable years in a row. Profit 2025: €1,048.
The accounts state no turnover.
Five of the last ten came late. The 2020 accounts came latest: 31 days after the end of the period.
Lower solvency than 89% of companies in film, video and music. Sector median 32.3% · 508 companies.
Negative equity caps the score at 59.
The dashed line is the sector median: 0.3% across 2,576 companies (NACE 59, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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, 14% on liquidity, 78% on profitability and 82% on growth.
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).
The balance sheet total is too small for a liquidity verdict. Equity is negative.
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.
The company filed its last 7 accounts on average 1 day before 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.
| Company | ||||
|---|---|---|---|---|
| VIDEOWATCH Sint-Gillis (bij-Brussel) | €4,775 | €1,604 | -31.6% | - |
| STONE PROD Brussels | €6,134 | €3,589 | -537.9% | - |
| ARDENNES PRODUCTIONS La Hulpe | €11,891 | -€3,864 | -681.3% | - |
| SOCIETE-ECRAN Linkebeek | €11,377 | -€13,796 | -128.4% | - |
| KJOE Kortenberg | €7,990 | €5,570 | 15.4% | - |
| THE I.D. AWARD CONNECTION Malle | €1,538 | -€257 | -2104.2% | - |
| MIDDERNACHT Mechelen | €14,705 | -€7,157 | 9.1% | - |
These companies have the same main activity as VIDEOWATCH: post-production of films, video and television programmes (NACE 59120). They are comparable in size and age: total assets between €1,540 and €14,700, founded between 1992 and 2008.
VIDEOWATCH files the abbreviated format. That format states no turnover. The gross margin fell from €1.8m in 2006 to €1,604 in 2025.
AFINVEST holds 99% of the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
See how customers, suppliers and banks see your own company and what to improve first.
If something looks wrong or is missing, please tell us.