VIRTUALIS
ActiveSummary
VIRTUALIS has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-319k) and a net result of €15k. Equity remains stable across the filed fiscal years (±1.1% per year). Its solvency ranks better than 5% of 1530 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability82▲+60
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.21 against 0.04 in 2024; short-term debt: 466.9% and cash: 89.1% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 59
Relative position
BE, all sectors
reference
Motion picture, video and television programme production, sound recording and music publishing activities (NACE 59)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-366.9%
Return on assets
17.6%
Age of the figures
15 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 1530 sector peers (2025).
NBB · sector comparisonPosition among 1530 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
2 d late
2024
17 d late
2023
on the day
2022
143 d late
2021
1 d late
2020
26 d late
2019
14 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€15k
2024 · €-4k
2019: €-11k
2020: €-9k▲ +16.5% vs 2019
2021: €-14k▼ -58.3% vs 2020lowest in 7 years
2022: €-1k▲ +90.7% vs 2021
2023: €-3k▼ -122% vs 2022
2024: €-4k▼ -46.7% vs 2023
2025: €15k▲ +466% vs 2024highest in 7 years
2019 → 2025
Working capital
€-319k▲ 17.1%
2024 · €-385k
2019: €-354k
2020: €-362k▼ -2.5% vs 2019
2021: €-376k▼ -3.8% vs 2020
2022: €-378k▼ -0.3% vs 2021
2023: €-380k▼ -0.8% vs 2022
2024: €-385k▼ -1.1% vs 2023lowest in 7 years
2025: €-319k▲ +17.1% vs 2024highest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-326k-€-327k▼ 0.4%€-330k▼ 0.9%€-334k▼ 1.3%€-319k▲ 4.6%
2021: €-326k
2022: €-327k▼ -0.4% vs 2021
2023: €-330k▼ -0.9% vs 2022
2024: €-334k▼ -1.3% vs 2023lowest in 5 years
2025: €-319k▲ +4.6% vs 2024highest in 5 years
Operating result€-6k-€-836▲ 86.1%€-3k▼ 218%€-4k▼ 54.2%€15k
2021: €-6klowest in 5 years
2022: €-836▲ +86.1% vs 2021
2023: €-3k▼ -218% vs 2022
2024: €-4k▼ -54.2% vs 2023
2025: €15k▲ +473% vs 2024highest in 5 years
Net result€-14k-€-1k▲ 90.7%€-3k▼ 122%€-4k▼ 46.7%€15k
2021: €-14klowest in 5 years
2022: €-1k▲ +90.7% vs 2021
2023: €-3k▼ -122% vs 2022
2024: €-4k▼ -46.7% vs 2023
2025: €15k▲ +466% vs 2024highest in 5 years
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €15k after a loss of €4k in 2024, the highest result in the available series.
Key figures and ratios
Solvency
-366.9%▲
2024 · -496.0%
Current ratio
0.21▲
2024 · 0.04
Debt to equity
-1.27▼
2024 · -1.20
ROA
17.6%▲
2024 · -6.2%
Debt
€406k▲
2024 · €402k
Debt ≤ 1 year
€406k▲
2024 · €402k
Income taxes
€20
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 36 lines
Balance sheet
Code20242025
Assets
Total assets20/58€67k€87k▲
Fixed assets21/28€50k-
Tangible fixed assets22/27€50k-
Land and buildings22€50k-
Current assets29/58€17k€87k▲
Amounts receivable within one year40/41€9k€9k=
Other amounts receivable41€9k€9k=
Cash at bank and in hand54/58€8k€77k▲
Deferred charges and accrued income490/1-€900
Equity and liabilities
Total equity and liabilities10/49€67k€87k▲
Equity10/15€-334k€-319k▲
Contributions10/11€1.11M€1.11M=
Capital10€1.11M€1.11M=
Issued capital100€1.11M€1.11M=
Reserves13€500€500=
Non-distributable reserves130/1€500€500=
Legal reserve130€500€500=
Profit (loss) carried forward14€-1.44M€-1.43M▲
Amounts payable17/49€402k€406k▲
Amounts payable within one year42/48€402k€406k▲
Trade debts44€2k€5k▲
Suppliers440/4€2k€5k▲
Other amounts payable47/48€400k€400k▲
Income statement
Code20242025
Other operating charges640/8€814€674▼
Gross operating margin9900€-3k€16k▲
Operating profit (loss)9901€-4k€15k▲
Financial income75/76B€7€67▲
Recurring financial income75€7€67▲
Financial charges65/66B€98€2▼
Recurring financial charges65€98€2▼
Profit (loss) for the period before taxes9903€-4k€15k▲
Income taxes67/77-€20
Profit (loss) for the period9904€-4k€15k▲
Profit (loss) for the period to be appropriated9905€-4k€15k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-1.44M€-1.43M▲
Profit (loss) brought forward from the previous period14P€-1.44M€-1.44M▼
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | €19 | €19 | €814 | €674 | ▼ 17.2% |
| Gross operating margin9900 | €-6k | €-817 | €-3k | €-3k | €16k | ▲ 585% |
| Operating profit (loss)9901 | €-6k | €-836 | €-3k | €-4k | €15k | ▲ 473% |
| Financial income75/76B | - | - | - | €7 | €67 | ▲ 903% |
| Recurring financial income75 | - | - | - | €7 | €67 | ▲ 903% |
| Financial charges65/66B | - | €449 | €199 | €98 | €2 | ▼ 97.8% |
| Recurring financial charges65 | €8k | €449 | €199 | €98 | €2 | ▼ 97.8% |
| Profit (loss) for the period before taxes9903 | €-14k | €-1k | €-3k | €-4k | €15k | ▲ 466% |
| Income taxes67/77 | - | - | - | - | €20 | - |
| Profit (loss) for the period9904 | €-14k | €-1k | €-3k | €-4k | €15k | ▲ 466% |
| Profit (loss) for the period to be appropriated9905 | €-14k | €-1k | €-3k | €-4k | €15k | ▲ 466% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €63k | €68k | €67k | €67k | €87k | ▲ 29.0% |
| Fixed assets21/28 | €50k | €50k | €50k | €50k | - | - |
| Tangible fixed assets22/27 | €50k | €50k | €50k | €50k | - | - |
| Land and buildings22 | - | €50k | €50k | €50k | - | - |
| Current assets29/58 | €13k | €18k | €17k | €17k | €87k | ▲ 411% |
| Amounts receivable within one year40/41 | €8k | €8k | €8k | €9k | €9k | = |
| Other amounts receivable41 | - | €8k | €8k | €9k | €9k | = |
| Cash at bank and in hand54/58 | €4k | €9k | €9k | €8k | €77k | ▲ 813% |
| Deferred charges and accrued income490/1 | - | - | - | - | €900 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €63k | €68k | €67k | €67k | €87k | ▲ 29.0% |
| Equity10/15 | €-326k | €-327k | €-330k | €-334k | €-319k | ▲ 4.6% |
| Contributions10/11 | €1.11M | €1.11M | €1.11M | €1.11M | €1.11M | = |
| Capital10 | - | €1.11M | €1.11M | €1.11M | €1.11M | = |
| Issued capital100 | - | €1.11M | €1.11M | €1.11M | €1.11M | = |
| Reserves13 | €500 | €500 | €500 | €500 | €500 | = |
| Non-distributable reserves130/1 | - | €500 | €500 | €500 | €500 | = |
| Legal reserve130 | - | €500 | €500 | €500 | €500 | = |
| Profit (loss) carried forward14 | €-1.44M | €-1.44M | €-1.44M | €-1.44M | €-1.43M | ▲ 1.1% |
| Amounts payable17/49 | €389k | €395k | €398k | €402k | €406k | ▲ 1.0% |
| Amounts payable within one year42/48 | €389k | €395k | €398k | €402k | €406k | ▲ 1.0% |
| Trade debts44 | €361 | €495 | €2k | €2k | €5k | ▲ 194% |
| Suppliers440/4 | - | €495 | €2k | €2k | €5k | ▲ 194% |
| Other amounts payable47/48 | - | €395k | €396k | €400k | €400k | ▲ 0.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-14k | €-1k | €-3k | €-4k | €15k | ▲ 466% |
| Operating cash flow (approximation) | €-14k | €-1k | €-3k | €-4k | €15k | ▲ 466% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | - | - |
| Change in cash | - | €5k | €-827 | €-111 | €69k | ▲ 62,242% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 2 days late
2025
30-06
Financial
Back to profitnet €15k
Net result €15k after 6 loss-making years.
17-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 17 days late
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 143 days late
2022
01-02
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 1 day late
2021
30-06
Financial
Weakest financial yearnet €-14k
Net result drops to €-14k, the lowest in the series; recovery starts the following year.
26-02
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 26 days late
2020
17-01
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
11-01
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
06-02
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 6 days late
2017
16-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2012
17-04
State Gazette act
Board meeting · Permanent representative
Director resignation · Director appointment
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 11 acts read
About the unread acts
We know of 11 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
11 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Elsene · 1 establishment unit since 2010
Ground area
454 m²
Building footprint
445 m²
Volume, LiDAR
9,506 m³
Parcel 21443A0271/00A002, Brussels · tallest building 36.4 m, ±11 floors. Linked by address, not a title deed.
92
companies at this address
See who is registered here
1 establishment unit
Virtualis
since 20102.185.636.860
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21443A0271/00A002 | Brussels | 454 m² | 1 · 445 m² | 36.4 m · 11 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector and region
10.80 Films
BE 0669.964.449
Elsene
21-K Films
BE 0774.497.587
Elsene
26 DB Productions
BE 0648.717.786
Elsene
ADKISS
BE 0773.605.880
Elsene
Alexis Films
BE 0423.387.083
Elsene
This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 1,321 companies in sector 59111 we hold annual accounts for 688. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded14-05-2008
Fiscal year end30-06
Activities, NACEBEL 2025
59111Production of cinema films
59114Motion picture, video and television programme production, sound recording and music publishing activities
Scores and ratios are computed by Checked and are not a credit decision.