Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 29 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
20 Pictures to Midnight from Enghien, company number BE0788866851, closed financial year 2025 with a result of € -3,550 after tax. For that financial year 20 Pictures to Midnight recorded a gross margin of € 4,296 and equity of € 19,765. Compared with financial year 2024, the result moved from € 4,110 to € -3,550. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 6, 2026.
€ 19,765
▼ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3,550
▼ still € 4,110 profit in 2024
Profit after tax over the fiscal year.
€ 30,978
▲ 100% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 18,265.
Debts at end 2025
€ 60,000
Loans from banks and other lenders, long and short.
€ 784,925
▲ 260% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,333
▼ 81% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 29,190 | € 7,418 | € 4,296 | ▼ 42% |
| Profit after taxes | € 17,704 | € 4,110 | € -3,550 | ▼ € 7,660 |
| Equity | € 19,204 | € 23,315 | € 19,765 | ▼ 15% |
| Total debts | € 303,748 | € 288,773 | € 2,163,878 | ▲ € 1.9 million |
| Cash | € 1,201 | € 15,486 | € 30,978 | ▲ 100% |
| Retained profit | € 17,704 | € 21,815 | € 18,265 | ▼ 16% |
| Bank debt | € 0 | € 60,000 | € 60,000 | |
| Balance sheet total | € 322,952 | € 312,088 | € 2,183,642 | ▲ € 1.9 million |
Key figures of 20 Pictures to Midnight, fiscal years 2023 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 20 Pictures to Midnight?
What happened at 20 Pictures to Midnight in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 3,550 (▼ € 7,660 vs 2024). filed late Source: NBB ↗
- Henri Lastenouse became a director. NBB
- New establishment in Enghien. KBO
- Start of the company according to the CBE. KBO
In short
From € 17,704 profit in 2023 to € 3,550 loss in 2025.
Paid € 8,285 in corporate taxes since 2023.
Best year ever: 2023, with € 17,704 profit.
Management
The stake of RED FROG comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
20 Pictures to MidnightBehind 20 Pictures to Midnight are Henri Lastenouse and François Lefebvre. The shares are held by RED FROG (43%).
Establishments
Establishment units
Physical locations of this company
Trippenstraat 10
7850 Enghien
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
- 0788.866.851
- VAT number
- BE 0788.866.851
- Registered office
- Trippenstraat 10, 7850 Enghien
- Names & denominations
- 20 Pictures to Midnight · 20STM.Anim
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 July 2022
- Peppol
- Active · Active since 18 Jun 2025
- Activities · NACE
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