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.
-
Tight liquidity NBB
Cash and receivables cover 56 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
BTFO Productions from Rixensart, company number BE0776524590, closed financial year 2025 with a result of € -8,480 after tax. For that financial year BTFO Productions recorded a gross margin of € -8,213 and equity of € -7,270. Compared with financial year 2024, the result moved from € 5,902 to € -8,480. 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 June 23, 2026.
€ -7,270
▼ € 8,480 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -8,480
▼ still € 5,902 profit in 2024
Profit after tax over the fiscal year.
€ 5,207
▼ 79% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -9,270.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 6,340
▼ 67% 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 | € -14,101 | € 7,468 | € 6,048 | € -8,213 | ▼ € 14,261 |
| Profit after taxes | € -14,101 | € 7,410 | € 5,902 | € -8,480 | ▼ € 14,382 |
| Equity | € -12,101 | € -4,692 | € 1,210 | € -7,270 | ▼ € 8,480 |
| Total debts | € 14,617 | € 22,588 | € 26,711 | € 16,408 | ▼ 39% |
| Cash | € 485 | € 7,557 | € 25,042 | € 5,207 | ▼ 79% |
| Retained profit | € -14,101 | € -6,692 | € -790 | € -9,270 | ▼ € 8,480 |
| Balance sheet total | € 2,516 | € 17,896 | € 27,922 | € 9,138 | ▼ 67% |
Key figures of BTFO Productions, 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 BTFO Productions?
What happened at BTFO Productions in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 8,480 (▼ € 14,382 vs 2024). Source: NBB ↗
- New establishment in Rixensart. KBO
- Start of the company according to the CBE. KBO
In short
From € 14,101 loss in 2022 to € 8,480 loss in 2025.
Best year ever: 2023, with € 7,410 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
Management
Behind BTFO Productions are FREDERIC BISTIAUX and OLIVIA THONART. FREDERIC BISTIAUX is also behind ARTISIUM.
Directors
According to the 2025 annual accounts
OLIVIA THONART
Director
Establishments
Establishment units
Physical locations of this company
Beau Site Ière Avenue 45
1330 Rixensart
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0776.524.590
- VAT number
- BE 0776.524.590
- Registered office
- Beau Site Ière Avenue 45, 1330 Rixensart
- Names & denominations
- BTFO Productions
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 October 2021
- Peppol
- Active · Active since 19 Nov 2025
- Activities · NACE
Uitgeverijen van muziekopnamen