Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Figures corrected NBB
Corrected annual account filed for 2023.
Financials
Financial year 2025
CINEART from Brussel, company number BE0464119858, closed financial year 2025 with a result of € 328,314 after tax. For that financial year CINEART recorded a gross margin of € 626,216 and equity of € 6.3 million. Compared with financial year 2024, the result moved from € 453,865 to € 328,314. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 23, 2026.
€ 6.3 million
▲ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 328,314
▼ 28% vs 2024
Profit after tax over the fiscal year.
€ 113,392
▼ 62% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 400,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
1.2
Average over the fiscal year, from the social balance sheet.
€ 94,999
▼ 8% vs 2024
€ 79,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 4,508
▼ 24% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 173,938
▼ 57% vs 2024
Loans from banks and other lenders, long and short.
€ 4.1 million
▼ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 57,106
▼ 65% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 642,223 | € 697,513 | € 884,115 | € 626,216 | ▼ 29% |
| Profit after taxes | € 398,453 | € 348,488 | € 453,865 | € 328,314 | ▼ 28% |
| Equity | € 2,460,614 | € 4,049,151 | € 5,294,040 | € 6,271,196 | ▲ 18% |
| Total debts | € 5,729,658 | € 5,106,976 | € 5,425,121 | € 4,803,978 | ▼ 11% |
| Cash | € 468,743 | € 268,976 | € 297,529 | € 113,392 | ▼ 62% |
| Retained profit | € 671,444 | € 1,019,932 | € 1,073,797 | € 1,002,111 | ▼ 7% |
| Dividend | € 274,000 | € 0 | € 400,000 | € 400,000 | |
| Bank debt | € 651,881 | € 568,414 | € 401,074 | € 173,938 | ▼ 57% |
| Balance sheet total | € 8,190,273 | € 9,156,127 | € 10,719,161 | € 11,075,175 | ▲ 3% |
| Employees (FTE) | 1.7 | 1.6 | 1.2 | 1.2 |
Key figures of CINEART, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to CINEART?
What happened at CINEART in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- KRPDIEM SRL stepped down as director. NBB
- Silvia MICELI stepped down as director. NBB
- Samuele MAZZOLI stepped down as director. NBB
- MARC SMIT BV stepped down as director. NBB
- Egemen Efe CAKAREL stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 328,314 (▼ 28% vs 2024). Source: NBB ↗
- KRPDIEM SRL became a director. NBB
- Silvia MICELI became a director. NBB
In short
From € 398,453 profit in 2022 to € 328,314 profit in 2025.
Paid € 562,699 in corporate taxes since 2022.
Best year ever: 2024, with € 453,865 profit.
On average € 521,800 of value added per employee in 2025.
A new publication or filing at CINEART? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of MSDP HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CINEARTThe shares are held by MSDP HOLDING (35.9%). It owns 100% of Cinéservices and 100% of Cineart Nederland itself.
Directors
According to the 2025 annual accounts
Managing director · represented by Stephan DE POTTER
since 2024 · until 2030
Silvia MICELI
Director
since 2024 · until 2030
Samuele MAZZOLI
Director
since 2024 · until 2030
MARC SMIT BV
Managing director · represented by Marc SMIT
since 2024 · until 2030
since 2024 · until 2030
Shareholders
35.9%
Participations
100%
Cineart Nederland
100%
Establishments
Establishment units
Physical locations of this company
Naamsestraat 72-74
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →GLI
€ -81,238 gross margin · 2025
legris industries se
€ 5 million revenue · 2025
MSDP HOLDING same network
€ 53,264 gross margin · 2025
FONDATION JEAN GRATON
JVM AVOCATS
€ 41,525 gross margin · 2025
+2 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0464.119.858
- VAT number
- BE 0464.119.858
- Registered office
- Naamsestraat 72-74, 1000 Brussel
- Names & denominations
- CINEART
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 September 1998
- Peppol
- Active · Active since 7 Aug 2025
- Activities · NACE
Activiteiten op het gebied van de distributie van films en video’s
Distributie van films