ZEBRA MEDIA
ActiveZEBRA MEDIA has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-27k) and a net result of €-25k. Equity is shrinking by ~50.5% per year across the filed fiscal years. Its solvency ranks better than 9% of 1987 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
40
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0▼-22
Growth58=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.87 against 2.3 in 2024; short-term debt: 6.3% and cash: 0.6% of total assets), and equity is negative.
Credit advice 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 90
Relative position
BE, all sectors
reference
Sector 90
lower
← 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
-77.2%
Return on assets
-73.3%
Age of the figures
9 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 · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-27k
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 08-06-2026, 53 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
53 d early
2024
87 d early
2023
22 d early
2022
25 d early
2021
51 d late
2020
12 d early
2019
14 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-27k▼ 1,870%
2024 · €-1k
2018: €136k
2019: €111k
2020: €77k
2021: €41k
2022: €50k
2023: €22k
2024: €-1k
2018 → 2025
Total assets
€35k▼ 35.0%
2024 · €53k
2018: €138k
2019: €116k
2020: €84k
2021: €57k
2022: €66k
2023: €58k
2024: €53k
2018 → 2025
Net result
€-25k▼ 7.6%
2024 · €-24k
2018: €-33k
2019: €-24k
2020: €-34k
2021: €-36k
2022: €9k
2023: €-27k
2024: €-24k
2018 → 2025
Working capital
€-280
2024 · €3k
2018: €77k
2019: €62k
2020: €36k
2021: €7k
2022: €24k
2023: €-26k
2024: €3k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€41k-€50k▲ 21.0%€22k▼ 55.2%€-1k€-27k▼ 1,870%
Operating result€-36k-€10k€-27k€-23k▲ 13.8%€-25k▼ 6.4%
Net result€-36k-€9k€-27k€-24k▲ 14.0%€-25k▼ 7.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €25k in 2025 against €23k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €35k
Fixed assets
€33k▼ 32.8%
Current assets
€2k▼ 58.4%
Key figures and ratios
EBITDA
€-9k▼
2024 · €-3k
Cash flow
€-9k▼
2024 · €-3k
Solvency
-77.2%▼
2024 · -2.5%
Current ratio
0.87▼
2024 · 2.30
Quick ratio
0.87▼
2024 · 2.30
Debt / equity
-2.30▲
2024 · -40.28
ROA
-73.3%▼
2024 · -44.2%
Interest coverage
-81.18▼
2024 · -30.99
Debt
€61k▲
2024 · €55k
Debt ≤ 1 year
€2k▲
2024 · €2k
Debt > 1 year
€59k▲
2024 · €53k
Income taxes
€508▼
2024 · €519
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€53k€35k▼
Fixed assets21/28€49k€33k▼
Tangible fixed assets22/27€49k€33k▼
Land and buildings22€7k€255▼
Plant, machinery and equipment23€818€711▼
Furniture and vehicles24€41k€32k▼
Financial fixed assets28€50€0▼
Current assets29/58€5k€2k▼
Amounts receivable within one year40/41€2k€851▼
Trade receivables40€2k€851▼
Current investments50/53€250€250=
Cash at bank and in hand54/58€3k€197▼
Deferred charges and accrued income490/1-€605
Equity and liabilities
Total equity and liabilities10/49€53k€35k▼
Equity10/15€-1k€-27k▼
Contributions10/11€6k€6k=
Reserves13€10k€10k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€9k€9k=
Profit (loss) carried forward14€-18k€-43k▼
Amounts payable17/49€55k€61k▲
Amounts payable after more than one year17€53k€59k▲
Financial debts170/4€53k-
Other amounts payable178/9-€59k
Amounts payable within one year42/48€2k€2k▲
Trade debts44€439€499▲
Suppliers440/4€439€499▲
Taxes, remuneration and social security45€2k€2k▲
Taxes450/3€2k€2k▲
Income statement
Code20242025
Non-recurring operating income76A€2k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€16k▼
Other operating charges640/8€2k€1k▼
Gross operating margin9900€-1k€-8k▼
Operating profit (loss)9901€-23k€-25k▼
Financial income75/76B€356€46▼
Recurring financial income75€356€46▼
Financial charges65/66B€97€109▲
Recurring financial charges65€97€109▲
Profit (loss) for the period before taxes9903€-23k€-25k▼
Income taxes67/77€519€508▼
Profit (loss) for the period9904€-24k€-25k▼
Profit (loss) for the period to be appropriated9905€-24k€-25k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-18k€-43k▼
Profit (loss) brought forward from the previous period14P€6k€-18k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
05-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity times 10current ratio 2.30
Current ratio from 0.24 to 2.30; short-term debt falls from €35k to €2k.
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €9k
Net result €9k after 4 loss-making years.
20-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 51 days late
2021
31-12
Financial
Weakest financial yearnet €-36k
Net result drops to €-36k, the lowest in the series; recovery starts the following year.
19-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
09-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
10-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
12-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Destelbergen · 1 establishment unit since 1999
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Reukenwegel(HEU) 149070 DestelbergenGround area
793 m²
Building footprint
177 m²
Volume, LiDAR
896 m³
Parcel 44028A0511/00V000, Flanders · tallest building 6.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Reukenwegel(HEU) 14, 9070 Destelbergen
since 19992.103.095.996
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44028A0511/00V000 | Flanders | 793 m² | 1 · 177 m² | 6.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 1,170 EUR awarded · 1,170 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 210 EUR | 210 EUR |
| 2023 | 1 | 960 EUR | 960 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 3,398 companies in sector 90393 we hold annual accounts for 940. 647 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded25-06-1997
Fiscal year end31-12
Activities, NACEBEL
90393Specialised image, lighting and sound technical services
92313
18200Printing and reproduction of recorded media
22310
22320
59120Post-production of films, video and television programmes
70200Business and other management consultancy
70220Business consulting
92114
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:dirk.smets@zebramedia.be