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 1 of the last 3 fiscal years.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
Financials
Financial year 2024
Initial Films from Vorst, company number BE0773392975, closed financial year 2024 with a result of € -3,877 after tax. For that financial year Initial Films recorded a gross margin of € 54,559 and equity of € -3,127. Compared with financial year 2023, the result moved from € -1,632 to € -3,877. 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 September 30, 2025.
€ -3,127
▼ € 3,877 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3,877
▼ 138 % more loss than in 2023
Profit after tax over the fiscal year.
€ 449
▲ 25% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -5,127.
People and assets in 2024
€ 41,734
▲ 289% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 1,147
▼ 36% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 25,805
▲ € 20,885 vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 1,646
▲ 34% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Gross margin | € 1,752 | € 9,923 | € 54,559 | ▲ € 44,636 |
| Profit after taxes | € 382 | € -1,632 | € -3,877 | ▼ € 2,245 |
| Equity | € 1,382 | € 750 | € -3,127 | ▼ € 3,877 |
| Total debts | € 2,326 | € 30,341 | € 111,576 | ▲ 268% |
| Cash | € 2,010 | € 360 | € 449 | ▲ 25% |
| Retained profit | € 382 | € -1,250 | € -5,127 | ▼ € 3,877 |
| Balance sheet total | € 3,708 | € 31,091 | € 108,449 | ▲ 249% |
Key figures of Initial Films, fiscal years 2022 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Initial Films?
What happened at Initial Films in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 3,877. filed late Source: NBB ↗
- New establishment in Vorst. KBO
- Start of the company according to the CBE. KBO
In short
From € 382 profit in 2022 to € 3,877 loss in 2024.
Paid € 573 in corporate taxes since 2022.
Best year ever: 2022, with € 382 profit.
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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
Establishments
Establishment units
Physical locations of this company
Keerkringenlaan 8
1190 Vorst
Keerkringenlaan 8 box 1
1190 Vorst
Active since 1 September 2021
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0773.392.975
- VAT number
- BE 0773.392.975
- Registered office
- Keerkringenlaan 8, 1190 Vorst
- Names & denominations
- Initial Films
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 September 2021
- Peppol
- Active · Active since 15 Oct 2025
- Contact
- [email protected]
- Activities · NACE
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