Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 6 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
THIN ICE FILMS from Gent, company number BE0465772521, closed financial year 2025 with a result of € -6,982 after tax. For that financial year THIN ICE FILMS recorded a gross margin of € -5,595 and equity of € -42,317. Compared with financial year 2024, the result moved from € -18,991 to € -6,982. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on March 31, 2026.
€ -42,317
▼ € 6,982 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6,982
▲ 63 % less loss than in 2024
Profit after tax over the fiscal year.
€ 1
▼ € 2,065 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -60,917.
Debts at end 2025
€ 3,264
Loans from banks and other lenders, long and short.
€ 5,169
▼ 18% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,540
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 23,687 | € 101,922 | € -21,644 | € -5,595 | ▲ € 16,049 |
| Profit after taxes | € 21,804 | € 94,751 | € -18,991 | € -6,982 | ▲ € 12,009 |
| Equity | € -111,095 | € -16,345 | € -35,335 | € -42,317 | ▼ € 6,982 |
| Total debts | € 127,673 | € 66,739 | € 39,487 | € 44,920 | ▲ 14% |
| Cash | € 2,010 | € 27,258 | € 2,066 | € 1 | ▼ € 2,065 |
| Retained profit | € -129,695 | € -34,945 | € -53,935 | € -60,917 | ▼ € 6,982 |
| Bank debt | € 10,000 | € 4,500 | € 0 | € 3,264 | |
| Balance sheet total | € 16,578 | € 50,394 | € 4,152 | € 2,602 | ▼ 37% |
Key figures of THIN ICE FILMS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to THIN ICE FILMS?
What happened at THIN ICE FILMS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 6,982. Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 21,804 profit in 2022 to € 6,982 loss in 2025.
Paid € 4,845 in corporate taxes since 2022.
Best year ever: 2023, with € 94,751 profit.
Establishments
Establishment units
Physical locations of this company
Dok-Noord 7A box 504
9000 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0465.772.521
- VAT number
- BE 0465.772.521
- Registered office
- Dok-Noord 7A bus 504, 9000 Gent
- Names & denominations
- THIN ICE FILMS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 April 1999
- Peppol
- Active · Active since 23 Dec 2025
- Activities · NACE
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