WRONG MEN
ActiveSummary
WRONG MEN has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €286k and a net result of €-102k. Equity is growing by ~9.5% per year across the filed fiscal years. Its solvency ranks better than 15% of 187 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability68▼-2
Solvency27▼-1
Growth35▼-17
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity tight (current ratio 1.49 against 0.65 in 2024; short-term debt: 37.2% and cash: 1.9% of total assets), and 98.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
1.8%
Return on assets
-0.6%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 187 sector peers (2025).
NBB · sector comparisonPosition among 187 sector peers
Solvency
better than 15%
← weakest
strongest →
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
90 d late
2023
86 d late
2022
88 d late
2021
91 d late
2020
118 d late
2019
144 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€1.88M▼ 40.8%
2019 · €3.17M
2019: €3.17M
2020: €1.88M▼ -40.8% vs 2019
2019 → 2020
EBIT margin
7.6%▼ 2.6pp
2019 · 10.3%
2019: 10.3%
2020: 7.6%▼ -25.8% vs 2019
2019 → 2020
Net result
€-102k
2024 · €93k
2018: €-82k
2019: €117k▲ +243% vs 2018highest in 8 years
2020: €-31k▼ -127% vs 2019
2021: €85k▲ +374% vs 2020
2022: €34k▼ -60.1% vs 2021
2023: €-40k▼ -219% vs 2022
2024: €93k▲ +332% vs 2023
2025: €-102k▼ -210% vs 2024lowest in 8 years
2018 → 2025
Working capital
€2.93M
2024 · €-1.51M
2018: €1.97M
2019: €1.96M▼ -0.6% vs 2018
2020: €2.29M▲ +17.2% vs 2019
2021: €1.72M▼ -25.1% vs 2020
2022: €3.24M▲ +88.8% vs 2021highest in 8 years
2023: €1.43M▼ -55.9% vs 2022
2024: €-1.51M▼ -205% vs 2023lowest in 8 years
2025: €2.93M▲ +294% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€302k-€336k▲ 11.2%€296k▼ 12.0%€389k▲ 31.5%€286k▼ 26.3%
2021: €302k
2022: €336k▲ +11.2% vs 2021
2023: €296k▼ -12.0% vs 2022
2024: €389k▲ +31.5% vs 2023highest in 5 years
2025: €286k▼ -26.3% vs 2024lowest in 5 years
Operating result€174k-€230k▲ 32.0%€673k▲ 193%€1.15M▲ 71.0%€361k▼ 68.6%
2021: €174klowest in 5 years
2022: €230k▲ +32.0% vs 2021
2023: €673k▲ +193% vs 2022
2024: €1.15M▲ +71.0% vs 2023highest in 5 years
2025: €361k▼ -68.6% vs 2024
Net result€85k-€34k▼ 60.1%€-40k€93k€-102k
2021: €85k
2022: €34k▼ -60.1% vs 2021
2023: €-40k▼ -219% vs 2022
2024: €93k▲ +332% vs 2023highest in 5 years
2025: €-102k▼ -210% vs 2024lowest in 5 years
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 69% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €16.12M
Fixed assets
€7.20M ▼ 30.3%
Current assets
€8.92M ▲ 217%
Equity and liabilities €16.12M
Equity
€286k ▼ 26.3%
Debt
€15.83M ▲ 24.1%
Debt's share of the balance-sheet total rises from 97.0% to 98.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€8.48M▲
2024 · €6.30M
Cash flow
€8.01M▲
2024 · €5.24M
Current ratio
1.49▲
2024 · 0.65
Debt to equity
55.29▲
2024 · 32.81
ROE
-35.7%▼
2024 · 23.9%
ROA
-0.6%▼
2024 · 0.7%
Interest coverage
18.31▲
2024 · 5.99
Debt ≤ 1 year
€5.99M▲
2024 · €4.32M
Staff costs
€1.58M▼
2024 · €2.76M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 55 lines
Balance sheet
Code20242025
Assets
Total assets20/58€13.14M€16.12M▲
Fixed assets21/28€10.33M€7.20M▼
Intangible fixed assets21€10.32M€7.18M▼
Tangible fixed assets22/27€2k€1k▼
Furniture and vehicles24€2k€1k▼
Financial fixed assets28€8k€10k▲
Current assets29/58€2.81M€8.92M▲
Amounts receivable within one year40/41€2.21M€8.60M▲
Trade receivables40€536k€7.05M▲
Other amounts receivable41€1.68M€1.55M▼
Cash at bank and in hand54/58€593k€298k▼
Deferred charges and accrued income490/1€4k€20k▲
Equity and liabilities
Total equity and liabilities10/49€13.14M€16.12M▲
Equity10/15€389k€286k▼
Contributions10/11€10k€10k=
Capital10€10k€10k=
Issued capital100€19k€19k=
Uncalled capital101€9k€9k=
Reserves13€52k€52k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Distributable reserves133€50k€50k=
Profit (loss) carried forward14€327k€225k▼
Amounts payable17/49€12.75M€15.83M▲
Amounts payable after more than one year17€694k-
Financial debts170/4€694k-
Amounts payable within one year42/48€4.32M€5.99M▲
Financial debts43€1.63M€2.40M▲
Credit institutions430/8€1.63M€2.40M▲
Trade debts44€1.47M€1.56M▲
Suppliers440/4€1.47M€1.56M▲
Taxes, remuneration and social security45€124k€58k▼
Taxes450/3€15k€32k▲
Remuneration and social security454/9€109k€26k▼
Other amounts payable47/48€1.10M€1.98M▲
Accrued charges and deferred income492/3€7.74M€9.84M▲
Income statement
Code20242025
Remuneration, social security and pensions62€2.76M€1.58M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5.15M€8.12M▲
Other operating charges640/8€4k€4k▼
Non-recurring operating charges66A€871-
Gross operating margin9900€9.06M€10.06M▲
Operating profit (loss)9901€1.15M€361k▼
Financial income75/76B€3€4▲
Recurring financial income75€3€4▲
Financial charges65/66B€1.05M€463k▼
Recurring financial charges65€1.05M€463k▼
Profit (loss) for the period before taxes9903€98k€-102k▼
Income taxes67/77€5k-
Profit (loss) for the period9904€93k€-102k▼
Profit (loss) for the period to be appropriated9905€93k€-102k▼
Appropriation of the result
Profit (loss) to be appropriated9906€377k€225k▼
Profit (loss) brought forward from the previous period14P€284k€327k▲
Transfer to equity691/2€50k-
To other reserves6921€50k-
Social balance
Average headcount (FTE)9087275,624.0155,848.0▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €521k | €1.31M | €2.33M | €2.76M | €1.58M | ▼ 42.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4.16M | €2.48M | €5.61M | €5.15M | €8.12M | ▲ 57.5% |
| Other operating charges640/8 | €2k | €3k | €2k | €4k | €4k | ▼ 7.7% |
| Non-recurring operating charges66A | €22k | €6k | €-1k | €871 | - | - |
| Gross operating margin9900 | €4.88M | €4.03M | €8.62M | €9.06M | €10.06M | ▲ 11.0% |
| Operating profit (loss)9901 | €174k | €230k | €673k | €1.15M | €361k | ▼ 68.6% |
| Financial income75/76B | €431 | €85 | €14k | €3 | €4 | ▲ 33.3% |
| Recurring financial income75 | €431 | €85 | €14k | €3 | €4 | ▲ 33.3% |
| Financial charges65/66B | €90k | €196k | €727k | €1.05M | €463k | ▼ 56.0% |
| Recurring financial charges65 | €90k | €196k | €727k | €1.05M | €463k | ▼ 56.0% |
| Profit (loss) for the period before taxes9903 | €85k | €34k | €-40k | €98k | €-102k | ▼ 204% |
| Income taxes67/77 | - | - | - | €5k | - | - |
| Profit (loss) for the period9904 | €85k | €34k | €-40k | €93k | €-102k | ▼ 210% |
| Profit (loss) for the period to be appropriated9905 | €85k | €34k | €-40k | €93k | €-102k | ▼ 210% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €6.38M | €10.96M | €15.09M | €13.14M | €16.12M | ▲ 22.6% |
| Fixed assets21/28 | €3.32M | €4.92M | €8.13M | €10.33M | €7.20M | ▼ 30.3% |
| Intangible fixed assets21 | €3.31M | €4.91M | €8.13M | €10.32M | €7.18M | ▼ 30.4% |
| Tangible fixed assets22/27 | €2k | €2k | €3k | €2k | €1k | ▼ 36.4% |
| Furniture and vehicles24 | €2k | €2k | €3k | €2k | €1k | ▼ 36.4% |
| Financial fixed assets28 | €510 | €1k | €3k | €8k | €10k | ▲ 25.1% |
| Current assets29/58 | €3.06M | €6.04M | €6.96M | €2.81M | €8.92M | ▲ 217% |
| Amounts receivable within one year40/41 | €2.47M | €5.52M | €6.27M | €2.21M | €8.60M | ▲ 289% |
| Trade receivables40 | €1.93M | €4.52M | €4.97M | €536k | €7.05M | ▲ 1,215% |
| Other amounts receivable41 | €542k | €992k | €1.30M | €1.68M | €1.55M | ▼ 7.4% |
| Cash at bank and in hand54/58 | €530k | €434k | €368k | €593k | €298k | ▼ 49.7% |
| Deferred charges and accrued income490/1 | €61k | €92k | €317k | €4k | €20k | ▲ 343% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €6.38M | €10.96M | €15.09M | €13.14M | €16.12M | ▲ 22.6% |
| Equity10/15 | €302k | €336k | €296k | €389k | €286k | ▼ 26.3% |
| Contributions10/11 | €10k | €10k | €10k | €10k | €10k | = |
| Capital10 | €10k | €10k | €10k | €10k | €10k | = |
| Issued capital100 | €19k | €19k | €19k | €19k | €19k | = |
| Uncalled capital101 | €9k | €9k | €9k | €9k | €9k | = |
| Reserves13 | €2k | €2k | €2k | €52k | €52k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Legal reserve130 | €2k | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | - | - | - | €50k | €50k | = |
| Profit (loss) carried forward14 | €290k | €324k | €284k | €327k | €225k | ▼ 31.3% |
| Amounts payable17/49 | €6.08M | €10.62M | €14.80M | €12.75M | €15.83M | ▲ 24.1% |
| Amounts payable after more than one year17 | €164k | €0 | €819k | €694k | - | - |
| Financial debts170/4 | €164k | €0 | €819k | €694k | - | - |
| Amounts payable within one year42/48 | €1.34M | €2.80M | €5.53M | €4.32M | €5.99M | ▲ 38.7% |
| Financial debts43 | €731k | €717k | €1.67M | €1.63M | €2.40M | ▲ 47.4% |
| Credit institutions430/8 | €731k | €717k | €1.67M | €1.63M | €2.40M | ▲ 47.4% |
| Trade debts44 | €476k | €1.18M | €1.62M | €1.47M | €1.56M | ▲ 6.2% |
| Suppliers440/4 | €476k | €1.18M | €1.62M | €1.47M | €1.56M | ▲ 6.2% |
| Taxes, remuneration and social security45 | €72k | €73k | €119k | €124k | €58k | ▼ 53.1% |
| Taxes450/3 | €3k | €1k | €3k | €15k | €32k | ▲ 114% |
| Remuneration and social security454/9 | €68k | €71k | €116k | €109k | €26k | ▼ 76.0% |
| Other amounts payable47/48 | €65k | €826k | €2.12M | €1.10M | €1.98M | ▲ 79.7% |
| Accrued charges and deferred income492/3 | €4.57M | €7.83M | €8.45M | €7.74M | €9.84M | ▲ 27.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €85k | €34k | €-40k | €93k | €-102k | ▼ 210% |
| + Depreciation and write-downs630 | €4.16M | €2.48M | €5.61M | €5.15M | €8.12M | ▲ 57.5% |
| Operating cash flow (approximation) | €4.25M | €2.52M | €5.57M | €5.24M | €8.01M | ▲ 52.8% |
| Investment in fixed assets (approximation) | - | €-4.08M | €-8.83M | €-7.35M | €-4.98M | ▲ 32.2% |
| Change in cash | - | €-96k | €-66k | €224k | €-294k | ▼ 231% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €-102k
Net result drops to €-102k, the lowest in the series.
31-12
Financial
Liquidity doublescurrent ratio 1.49
Current ratio from 0.65 to 1.49.
29-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 90 days late
2024
31-12
Financial
Back to profitnet €93k
Net result €93k after one loss-making year.
25-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 86 days late
2023
27-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 88 days late
2022
30-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 91 days late
2021
31-12
Financial
Back to profitnet €85k
Net result €85k after one loss-making year.
26-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 118 days late
2020
22-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 144 days late
2019
31-12
Financial
Back to profitnet €117k
Net result €117k after one loss-making year.
Show earlier events
31-12
Financial
Equity above €200kEq €248k ▲88.9%
Equity rises from €131k to €248k.
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 92 days late
27-02
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 211 days late
2018
13-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 225 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are 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, Elsene · 1 establishment unit since 2012
Ground area
403 m²
Building footprint
245 m²
Volume, LiDAR
3,514 m³
2 parcels, Brussels · tallest building 19.3 m, ±6 floors. Linked by address, not a title deed.
8
companies at this address
See who is registered here
1 establishment unit
Morisstraat 10, 1060 Sint-Gillis (bij-Brussel)
since 20122.206.084.955
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21444B0199/00F025 | Brussels | 258 m² | 1 · 116 m² | 17.6 m · 4 fl. |
| 21013B0360/00F004 | Brussels | 146 m² | 1 · 130 m² | 19.3 m · 6 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Wallonia-Brussels Federation
2021 to 2025 · 186 entries · 6,083,955 EUR in total| Year | Entries | paid |
|---|---|---|
| 2025 | 40 | 710,015 EUR |
| 2024 | 39 | 2,148,242 EUR |
| 2023 | 36 | 1,104,010 EUR |
| 2022 | 33 | 1,503,097 EUR |
| 2021 | 38 | 618,591 EUR |
Budget allocations
Commission du Cinéma - Aide aux projets
Aide à la création - relance de la production indépendante avec la RTBF
Aides à la création - hors Commission du Cinéma
Primes au succès
Fonds budgétaire destiné à la répartition du bénéfice annuel de la Loterie nationale entre les attributaires (C)
Show 4 more
Dépenses pour Wallonie Bruxelles Images
Stratégie promotion cinéma belge
Dotation à WBI dans le cadre de la promotion internationale de_x000D_
Bruxelles
Promotion et diffusion des films de la C.F., soit en Belgique, soit dans les festivals majeurs à l'étranger, via les producteurs et les distributeurs
European Union, budget
2022 to 2024 · 4 entries · 580,185 EUR in total| Year | Entries | awarded |
|---|---|---|
| 2024 | 2 | 320,185 EUR |
| 2022 | 2 | 260,000 EUR |
Projects
WRONG MEN-CREA-MEDIA-2024-DEVSLATE
SLATE_WMN - EUROPEAN SLATE DEVELOPMENT 2021 - CREATIVE MEDIA - WRONG MEN
DEEPFAKE - DEEPFAKE / CODEV 2024
THE CONVERT - CREATIVE EUROPE MEDIA 2021 CODEVELOPMENT THE CONVERT
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Of 1,321 companies in sector 59111 we hold annual accounts for 688. 417 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
Founded04-01-2012
Fiscal year end31-12
Activities, NACEBEL 2025
59111Production of cinema films
59113Video and film production, excluding cinema and television films
59114Motion picture, video and television programme production, sound recording and music publishing activities
59130Motion picture, video and television programme production, sound recording and music publishing activities
70200Business and other management consultancy
77399Renting and leasing of other machinery, equipment and tangible goods
Scores and ratios are computed by Checked and are not a credit decision.