ACTIVE

Roses Are Blue

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Financial year 2025 · Closed on 31/12/2025

Net result390,2 k €+294,1 %over 1 year

Revenue13,5 M €+20,1 %over 1 year

Equity2,4 M €+19,5 %over 1 year

Workforce19,7 ETP-3,0 %over 1 year

Identity

Source · BCE/KBO

Roses Are Blue is a Private limited company incorporated in 2017. Its main activity is: Motion picture, video and television programme production activities. Its registered office is in Mechelen. It employs on average 19,7 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0669.696.314
Incorporation: 17/01/2017
Legal form: Private limited company
Registered office: Liersesteenweg 38E
2800 Mechelen · FlandreSee on map
Contributed capital: 772 600,00 €
Latest accounts: 31/12/2025
Average workforce: 19,7 ETP

Activities (NACE)

59111Motion picture, video and television programme production activities· main 59111Motion picture, video and television programme production activities 90021Support activities to performing arts 90391Creative, arts and entertainment activities 59113Motion picture, video and television programme production activities 59113Motion picture, video and television programme production activities+2

Joint committees (1)

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 10 filings

Trend over 5 financial years

	2025		2024		2023		2019		2018
Income statement
Revenue	13,5 M €	+20.1%	11,2 M €	-17.6%	13,6 M €		–		6,1 M €
EBITDA	1,1 M €	+269%	308 k €	-73.8%	1,2 M €	+439%	217,8 k €	+283%	-119,2 k €
Operating result	966,9 k €	+698%	121,1 k €	-88.0%	1 M €	+2594%	37,5 k €	+115%	-258,5 k €
Net result	390,2 k €	+294%	-201,1 k €	-141%	494,2 k €	+59157%	834 €	+101%	-153 k €
Balance sheet
Equity	2,4 M €	+19.5%	2 M €	-9.1%	2,2 M €	+253%	625,7 k €	+783%	70,8 k €
Total assets	10 M €	-5.0%	10,5 M €	-3.9%	11 M €	+234%	3,3 M €	+33.9%	2,5 M €
Cash	813 k €	+229%	246,7 k €	+71.7%	143,7 k €	+2.0%	140,8 k €	+105%	68,8 k €
Debts	7,2 M €	-13.5%	8,4 M €	-4.0%	8,7 M €	+228%	2,7 M €	+56.3%	1,7 M €
Other
Workforce	19,7 ETP	-3.0%	20,3 ETP	+3.0%	19,7 ETP	+3.7%	19,0 ETP	+5.6%	18,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 5 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
9210451.489.072Represented by Bert HAMELINCK	Director21/12/2020 → 21/12/2026
Caviar Group0506.687.022Represented by Mathias Coppens	Directorsince 24/12/2019

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
ANDA LUZ0897.351.651Represented by Adinda Ackx	Director24/12/2019 → 2019 accountsManager16/01/2017 → 2018 accounts
Caviar Group NV0870.626.666Represented by Bert Hamelinck	Director24/12/2019 → 2019 accounts
CAVIAR ANTWERP0476.386.596Represented by Lucky Lou BVBA vertegenwoordigd door Tom Willems	Manager16/01/2017 → 2018 accounts

Other companies at this address

Liersesteenweg 38E 2800 Mechelen

Company	CBE no.
CAVIAR FILM FINANCING● Active	0656.722.860
Caviar Group● Active	0506.687.022
LOOM● Active	0458.891.756

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/06/2026	04/08/2025	09/07/2024	10/07/2023	30/06/2022	01/07/2021
General meeting	30/06/2026	30/06/2025	28/06/2024	30/06/2023	30/06/2022	30/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 10 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	30/06/2026	30/06/2026	Dutch	PDF
Full modelCorrection	31/12/2024	30/06/2025	04/08/2025	Dutch	PDF
Full model	31/12/2024	30/06/2025	30/06/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	09/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	10/07/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	30/06/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	01/07/2021	Dutch	PDF
Abridged model	31/12/2019	26/06/2020	10/08/2020	Dutch	PDF
Abridged model	31/12/2018	13/09/2019	23/09/2019	Dutch	PDF
Abridged model	31/12/2017	19/06/2018	29/06/2018	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 5 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
9210451.489.072Represented by Bert HAMELINCK	Director21/12/2020 → 21/12/2026
Caviar Group0506.687.022Represented by Mathias Coppens	Directorsince 24/12/2019

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
ANDA LUZ0897.351.651Represented by Adinda Ackx	Director24/12/2019 → 2019 accountsManager16/01/2017 → 2018 accounts
Caviar Group NV0870.626.666Represented by Bert Hamelinck	Director24/12/2019 → 2019 accounts
CAVIAR ANTWERP0476.386.596Represented by Lucky Lou BVBA vertegenwoordigd door Tom Willems	Manager16/01/2017 → 2018 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Other08/04/2026
DIVERSEN
PDF
Mandates23/10/2024
ONTSLAGEN - BENOEMINGEN - DIVERSEN
PDF
Mandates26/09/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/05/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/11/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/03/2020
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
PDF
Registered office20/03/2017
BENAMING - MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other19/01/2017
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
PDF

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A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings5 filings

Mandates

921

Caviar Group

Caviar Group NV

ANDA LUZ

CAVIAR ANTWERP

MAN ON THE MOON

Keep Calm & Steady LLC

2017201820192020202120222023202420252026

Roses Are Blue

Liersesteenweg 38 bte E, 2800 Mechelen

Director

Manager

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Liersesteenweg 38E, 2800 MechelenCurrent		CBE
Liersesteenweg 38 bte E, 2800 Mechelen	accounts 2023 → 2025	Accounts 2025 · 2026-00236177

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
Roses Are BlueCurrent	accounts 2023 → 2025	Accounts 2025 · 2026-00236177

Events

2025
Annual accounts 2025390,2 k €↑
2024
Annual accounts 2024-201,1 k €↓
2023
Annual accounts 2023494,2 k €↑
2019
Annual accounts 2019834 €↑
2018
Annual accounts 2018-153 k €
17/01/2017
IncorporationPrivate limited company

Roses Are Blue

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events