Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 3 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 4 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
NO PICTURE PLEASE AGENCY from Namur, company number BE0759566814, closed financial year 2025 with a result of € -45,931 after tax. For that financial year NO PICTURE PLEASE AGENCY recorded a gross margin of € 17,995 and equity of € -265,445. Compared with financial year 2024, the result moved from € -177,170 to € -45,931. 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 August 31, 2026.
€ -265,445
▼ € 45,931 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -45,931
▲ 74 % less loss than in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -270,445.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 49,146
▼ 69% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 1,973
▼ 41% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 35,495
▼ 19% vs 2024
€ 9,811 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 562
▼ 99% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 42,853 | € 8,838 | € -13,926 | € 17,995 | ▲ € 31,921 |
| Profit after taxes | € 21,321 | € -64,601 | € -177,170 | € -45,931 | ▲ € 131,240 |
| Equity | € 22,257 | € -42,344 | € -219,515 | € -265,445 | ▼ € 45,931 |
| Total debts | € 39,479 | € 78,595 | € 281,660 | € 281,446 | |
| Cash | € 4,141 | € 4,710 | € 1,476 | - | |
| Retained profit | € 17,257 | € -47,344 | € -224,515 | € -270,445 | ▼ € 45,931 |
| Dividend | € 8,400 | € 0 | € 0 | € 0 | |
| Bank debt | € 0 | € 0 | € 44,030 | € 35,495 | ▼ 19% |
| Balance sheet total | € 61,737 | € 36,251 | € 62,145 | € 16,001 | ▼ 74% |
| Employees (FTE) | - | - | - | 0.8 |
Key figures of NO PICTURE PLEASE AGENCY, 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 NO PICTURE PLEASE AGENCY?
What happened at NO PICTURE PLEASE AGENCY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 45,931. filed late Source: NBB ↗
- New establishment in Namur. KBO
- Start of the company according to the CBE. KBO
In short
From € 21,321 profit in 2022 to € 45,931 loss in 2025.
Paid € 7,099 in corporate taxes since 2022.
Best year ever: 2022, with € 21,321 profit.
Paid out € 8,400 in dividends to the owners in total.
A new publication or filing at NO PICTURE PLEASE AGENCY? 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
Behind NO PICTURE PLEASE AGENCY is Guillaume Wattecamps. Guillaume Wattecamps is also behind Comme des gosses Company and DOUBLE IMPACT.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Rue de Coppin(JB) 174
5100 Namur
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0759.566.814
- VAT number
- BE 0759.566.814
- Registered office
- Rue de Coppin(JB) 174, 5100 Namur
- Names & denominations
- NO PICTURE PLEASE AGENCY · NPP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 December 2020
- Peppol
- Active · Active since 7 Jan 2026
- Activities · NACE
Creatie van beeldende kunsten
Ondersteunende activiteiten voor scheppende kunsten