Skip to content

The Bear

Active
Private limited companyfounded 20233 yrs activeNikkelstraat 53, 2060 Antwerpen, BelgiumKBO/BCE: BE 0804.780.294
Summary

The Bear has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €28,898 and a net result of €13,545. The computed 12-month bankruptcy probability is 1.0% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability100=
Solvency100▲+10
Growth78
Track record94
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity ample (current ratio 13.16 against 2.55 in 2023; short-term debt: 6.9% and cash: 18.2% of total assets), and 6.9% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 59
Relative position
BE, all sectors
reference
Motion picture, video and television programme production, sound recording and music publishing activities (NACE 59)
about 37% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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 25-06-2026, 36 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
36 d early
2024
1 d early
2023
16 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 18 days before the deadline; the sector median for financial year 2024 is 2 days before the deadline, and 41% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 16 July (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 11 August 2023, The Bear was incorporated as a Private limited company.1 The company has filed 3 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, micro schema

Equity
€28,898▲ 88.2%
2023 · €15,353
Total assets
€31,045▲ 30.7%
2023 · €23,748
Net result
€13,545▲ 1.4%
2023 · €13,353
Working capital
€26,102▲ 101%
2023 · €13,012
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 59, Motion picture, video and television programme production, sound recording and music publishing activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20232024
Operating result€17,210-€18,595▲ 8.0%
Net result€13,353within the sector's middle half-€13,545within the sector's middle half▲ 1.4%
Equity€15,353within the sector's middle half-€28,898within the sector's middle half▲ 88.2%
Total assets€23,748below the sector's middle half-€31,045below the sector's middle half▲ 30.7%
Debt€8,395-€2,146▼ 74.4%
Working capital€13,012within the sector's middle half-€26,102within the sector's middle half▲ 101%
Solvency64.6%within the sector's middle half-93.1%above the sector's middle half▲ 28.4pp
Current ratio2.55within the sector's middle half-13.16above the sector's middle half▲ 10.61
Return on assets (ROA)56.2%above the sector's middle half-43.6%above the sector's middle half▼ 12.6pp
above within below the middle half (P25 to P75) of NACE 59, Motion picture, video and television programme production, sound recording and music publishing activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€5,000€10,000€15,000€20,000Operating result 2023: €17,210€17,210Net result 2023: €13,353€13,353Operating result 2024: €18,595€18,595Net result 2024: €13,545€13,54520232024€0€5,000€10,000€15,000€20,000Operating result 2023: €17,210€17,200Net result 2023: €13,353€13,400Operating result 2024: €18,595€18,600Net result 2024: €13,545€13,50020232024
The operating result rises in 2024; 2024 is 8% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €31,045
Fixed assets €2,796 ▲ 19.5%
Current assets €28,248 ▲ 32.0%
Equity and liabilities €31,045
Equity €28,898 ▲ 88.2%
Debt €2,146 ▼ 74.4%
Debt's share of the balance-sheet total falls from 35.4% to 6.9%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€19,604▲
2023 · €17,441
Cash flow
€14,555▲
2023 · €13,584
Debt to equity
0.07▼
2023 · 0.55
ROE
46.9%▼
2023 · 87.0%
Interest coverage
86.94▼
2023 · 280.27
Debt ≤ 1 year
€2,146▼
2023 · €8,395
Income taxes
€5,182▲
2023 · €3,824
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.0% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 35 lines
Balance sheet Code20232024
Assets
Total assets20/58€23,748€31,045▲
Fixed assets21/28€2,341€2,796▲
Tangible fixed assets22/27€2,341€2,796▲
Plant, machinery and equipment23€2,341€1,484▼
Furniture and vehicles24-€1,313
Current assets29/58€21,407€28,248▲
Amounts receivable within one year40/41€10,824€22,609▲
Trade receivables40€10,824€10,797▼
Other amounts receivable41-€11,812
Cash at bank and in hand54/58€10,583€5,639▼
Equity and liabilities
Total equity and liabilities10/49€23,748€31,045▲
Equity10/15€15,353€28,898▲
Contributions10/11€2,000€2,000=
Profit (loss) carried forward14€13,353€26,898▲
Amounts payable17/49€8,395€2,146▼
Amounts payable within one year42/48€8,395€2,146▼
Trade debts44€2,044€275▼
Suppliers440/4€2,044€275▼
Taxes, remuneration and social security45€5,173€1,871▼
Taxes450/3€5,173€1,871▼
Other amounts payable47/48€1,178-
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€231€1,010▲
Other operating charges640/8-€999
Gross operating margin9900€17,441€20,603▲
Operating profit (loss)9901€17,210€18,595▲
Financial income75/76B€30€358▲
Recurring financial income75€30€358▲
Financial charges65/66B€62€225▲
Recurring financial charges65€62€225▲
Profit (loss) for the period before taxes9903€17,178€18,727▲
Income taxes67/77€3,824€5,182▲
Profit (loss) for the period9904€13,353€13,545▲
Profit (loss) for the period to be appropriated9905€13,353€13,545▲
Appropriation of the result
Profit (loss) to be appropriated9906€13,353€26,898▲
Profit (loss) brought forward from the previous period14P-€13,353

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€231€1,010▲ 337%
Other operating charges640/8-€999-
Gross operating margin9900€17,441€20,603▲ 18.1%
Operating profit (loss)9901€17,210€18,595▲ 8.0%
Financial income75/76B€30€358▲ 1,093%
Recurring financial income75€30€358▲ 1,093%
Financial charges65/66B€62€225▲ 262%
Recurring financial charges65€62€225▲ 262%
Profit (loss) for the period before taxes9903€17,178€18,727▲ 9.0%
Income taxes67/77€3,824€5,182▲ 35.5%
Profit (loss) for the period9904€13,353€13,545▲ 1.4%
Profit (loss) for the period to be appropriated9905€13,353€13,545▲ 1.4%
Line20232024Change
Assets
Total assets20/58€23,748€31,045▲ 30.7%
Fixed assets21/28€2,341€2,796▲ 19.5%
Tangible fixed assets22/27€2,341€2,796▲ 19.5%
Plant, machinery and equipment23€2,341€1,484▼ 36.6%
Furniture and vehicles24-€1,313-
Current assets29/58€21,407€28,248▲ 32.0%
Amounts receivable within one year40/41€10,824€22,609▲ 109%
Trade receivables40€10,824€10,797▼ 0.3%
Other amounts receivable41-€11,812-
Cash at bank and in hand54/58€10,583€5,639▼ 46.7%
Equity and liabilities
Total equity and liabilities10/49€23,748€31,045▲ 30.7%
Equity10/15€15,353€28,898▲ 88.2%
Contributions10/11€2,000€2,000=
Profit (loss) carried forward14€13,353€26,898▲ 101%
Amounts payable17/49€8,395€2,146▼ 74.4%
Amounts payable within one year42/48€8,395€2,146▼ 74.4%
Trade debts44€2,044€275▼ 86.5%
Suppliers440/4€2,044€275▼ 86.5%
Taxes, remuneration and social security45€5,173€1,871▼ 63.8%
Taxes450/3€5,173€1,871▼ 63.8%
Other amounts payable47/48€1,178--
Line20232024Change
Profit (loss) for the period9904€13,353€13,545▲ 1.4%
+ Depreciation and write-downs630€231€1,010▲ 337%
Operating cash flow (approximation)€13,584€14,555▲ 7.1%
Investment in fixed assets (approximation)--€1,465-
Change in cash--€4,944-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
25-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Liquidity times 5current ratio 13.16
Current ratio from 2.55 to 13.16; short-term debt falls from €8,395 to €2,146.
15-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
107 m²
Building footprint
77 m²
Volume, LiDAR
775 m³
Parcel 11805E0414/00Y010, Flanders · tallest building 15.7 m, ±4 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
The Bear
Nikkelstraat 53, 2060 AntwerpenPrinting and reproduction of recorded media
since 20232.348.205.593
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11805E0414/00Y010 Flanders 107 m² 1 · 77 m² 15.7 m · 4 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 521 companies in sector 59114 we hold annual accounts for 245. 162 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded11-08-2023
Fiscal year end31-12
Activities, NACEBEL 2025
59114Motion picture, video and television programme production, sound recording and music publishing activities
59120Post-production of films, video and television programmes
74202Other professional, scientific and technical activities
79120Travel agency, tour operator and other reservation service and related activities
82300Organisation of conventions and trade shows
E-invoicing
Reachable via Peppol
Peppol ID 0208:0804780294
Also 9925:BE0804780294
Registered 06-04-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.