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BX1

Active
Non-profit associationfounded 1984active for 42 yearsAuguste Reyerslaan 84, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0429.488.680
Summary

BX1 has been active since 1984 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9.8m and a net result of -€1.2m. Equity is growing by about 4.1% per year across the filed financial years. Its solvency ranks better than 70% of 487 sector peers (NACE 59, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Motion picture, video and television programme production, sound recording and music publishing activities
NACE 59114Programming, broadcasting, news agency and other content distribution activities NACE 60200
3rd largest company by equity in Schaarbeek, Publishing and media sector1 site
Size
€9.0moperating revenue 2025
Staff
49.4 FTE
Equity
€9.8m
Deficit
-€1.2m
Financial health
93 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Board
18 members
Auditor: DGST & PARTNERS - REVISEUR D'ENTREPRISES-BEDRIJFSREVISORENAccounts 42 days early
Why 93raises riskLoss of €1.2m, the second in a row (financial year 2025)1 change of registered office in 24 monthslowers riskLegal form: non-profit associationFounded in 1984Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 43% of its sector peers (NACE 59, small)
Financial strength · tick = 2024
Weak
Solvency 84-7
equity 59.1% of total assets
Liquidity 54-17
short-term debt 35.8% · cash 15.9%
Profitability 6-73
return on assets -7.5%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (178 companies, NACE 59, small)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025lowest value 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026highest value
Credit of up to €160,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.13, compared with 1.84 in 2024, below the usual 1.5; short-term debt: 35.8% and cash: 15.9% of total assets), and 40.9% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 59, small): better than 70% on solvency, 64% on liquidity, 9% on profitability and 28% on growth.

The bankruptcy probability was computed on 13-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Legal form: non-profit association
KBO
raises risk · Loss of €1.2m, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Founded in 1984
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€1.2m
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-06-2026, 42 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
42 days early
2024
50 days early
2023
77 days early
2022
88 days early
2021
88 days early
2020
115 days early
2019
30 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 70 days before the deadline; the sector median (NACE 59) for financial year 2024 is 2 days before the deadline, and 41% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 16 May (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
14-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Appointments: Sandrine Tichon, Arnaud Gabriel and…Resignation: Annebel Joseph (day-to-day manager)
  2. Annual accounts filedfinancial year 2025 · abbreviated…
  3. Resignations: Marc de Haan (directeur général)…Gazette deed

Key points

  • Caution: Result fell in 2025from -€28,038 to -€1.2m ▼ 4,356% View
  • Caution: Among the weakest 5% on net resultsector median €4,976 · 487 companies -€1.2m View
  • Board changedlatest change 11-09-2026 · 18 in office 2 joined · 13 left View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Caution: 2 loss-making years in a rowloss financial year 2025 -€1.2m View
  • Wallonia-Brussels supportpaid from 2023 to 2025 €6.5m View

By topic

Financials

Financial year
2025
Turnover
€1.6m
Loss
-€1.2m
Solvency
59.1%
Turnover▼ 14.7%
Net result
20182025
Go to Financials

Board & ownership

Board
18 members
Auditor
DGST & PARTNERS -…
  • Martine BarbéDirector
  • DE VUYST TonyDirector
  • Achilvie DockethDirector
  • Nicolas Van YsendijkDirector
  • Shadi FarkhojastehDirector

and 13 other directors

Go to Board & ownership

Timeline

Events
51
Since
2004
Next accounts
by 31-07-2027
  1. 24-03-2026Registered office
  2. 31-12-2025Weakest financial year
  3. 19-12-2025Appointment: Annebel JOSEPH (daily management delegate)
Go to Timeline

Company details

Sites
1
Legal form
Non-profit association
Activity
Motion picture, video and television programme production, sound…NACE 59114
Founded
04-10-1984
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
18
Purpose
“Produire, réaliser et diffuser des contenus d'information, d'animation, de développement…” (deed in French)
Go to Articles of association

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