Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2022
THE VIDEO FACTORY from Izegem, company number BE0886867832, closed financial year 2022 with a result of € -144,491 after tax. For that financial year THE VIDEO FACTORY recorded a gross margin of € 285,450 and equity of € 4,324. Compared with financial year 2021, the result moved from € 75,579 to € -144,491. The company made a loss. The buffer shrank hard: equity is 97 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 5, 2023.
€ 4,324
▼ 97% vs 2021
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -144,491
▼ still € 75,579 profit in 2021
Profit after tax over the fiscal year.
€ 2,168
▼ 87% vs 2021
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -14,276.
People and assets in 2022
€ 249,736
▲ 21% vs 2021
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 97,091
▲ 16% vs 2021
Of which on lease € 25,211.
Debts at end 2022
€ 791,412
▲ 225% vs 2021
€ 115,641 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 331,489
▲ 193% vs 2021
Supplier invoices still open on the last day of the fiscal year.
€ 88,601
▼ 39% vs 2021
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | Change 2021 → 2022 | |
|---|---|---|---|
| Gross margin | € 440,443 | € 285,450 | ▼ 35% |
| Profit after taxes | € 75,579 | € -144,491 | ▼ € 220,070 |
| Equity | € 148,815 | € 4,324 | ▼ 97% |
| Total debts | € 502,846 | € 1,226,573 | ▲ 144% |
| Cash | € 16,700 | € 2,168 | ▼ 87% |
| Land & buildings | € 118,211 | € 111,655 | ▼ 6% |
| Retained profit | € 130,215 | € -14,276 | ▼ € 144,491 |
| Bank debt | € 243,319 | € 791,412 | ▲ 225% |
| Balance sheet total | € 651,661 | € 1,230,897 | ▲ 89% |
Key figures of THE VIDEO FACTORY, fiscal years 2021 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 31 July 2024.
What happened to THE VIDEO FACTORY?
What happened at THE VIDEO FACTORY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
THE VIDEO FACTORY is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2022: loss of € 144,491 (▼ € 220,070 vs 2021). filed late Source: NBB ↗
- New establishment in Izegem. KBO
- Christophe Vandenbussche became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 75,579 profit in 2021 to € 144,491 loss in 2022.
Paid € 31,928 in corporate taxes since 2021.
Best year ever: 2021, with € 75,579 profit.
A new publication or filing at THE VIDEO FACTORY? 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 THE VIDEO FACTORY is Christophe Vandenbussche.
Directors
According to the 2022 annual accounts
Christophe Vandenbussche
Director
since 2007
Establishments
Establishment units
Physical locations of this company
Nachtegaalstraat 6
8870 Izegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0886.867.832
- VAT number
- BE 0886.867.832
- Registered office
- Nachtegaalstraat 6, 8870 Izegem
- Names & denominations
- THE VIDEO FACTORY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 31 January 2007
- Peppol
- Not registered
- Activities · NACE
Productie van video en film, muv bioscoop- en televisiefilms
Productie van overige films
Productie van televisieprogramma's
Activiteiten in verband met films en video- en televisieprogramma’s na de productie
Productie van televisiefilms
Diensten verwant aan de filmproductie