ACTIVE

Cartouche

Financial year 2025 · closed on 31/12/2025
Net result
4,1 k €
+1.5% YoY
Gross margin
7,3 k €
-4.3% YoY
Equity
21,2 k €
+24.0% YoY

What does Cartouche do?

Cartouche is a Private limited company incorporated in 2011. Its main activity is: Motion picture, video and television programme production activities. Its registered office is in Bruxelles.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0836.986.571
Incorporation
15/06/2011
Legal form
Private limited company
Registered office
Rue Gustave Schildknecht 33 box 1
1020 Bruxelles · BruxellesSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Signals
ProfitablePositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20252024202320222021202020192018201720162015201420132012
Income statement
Gross margin7,3 k €7,7 k €-14,1 k €10,3 k €23,4 k €-26,5 k €8 k €52,8 k €-33 k €-6,3 k €-1,5 k €-919,4 €-957,1 €-1,8 k €
EBITDA6,7 k €7 k €-15,1 k €9,8 k €22,9 k €-27 k €8 k €49,3 k €-33,4 k €-6,8 k €-2,2 k €-1,6 k €-1,2 k €-1,9 k €
Operating result4,7 k €5 k €-15,7 k €9,8 k €22,9 k €-27 k €8 k €49,3 k €-33,4 k €-6,8 k €-2,2 k €-1,6 k €-1,2 k €-1,9 k €
Net result4,1 k €4 k €-13,5 k €6,5 k €22,8 k €-27 k €6,1 k €47 k €-33,8 k €-6,8 k €-2,4 k €-1,6 k €-1,2 k €-1,7 k €
Balance sheet
Equity21,2 k €17,1 k €13 k €26,5 k €20,1 k €-2,8 k €24,3 k €18,1 k €-28,9 k €4,9 k €11,7 k €14,1 k €15,7 k €16,9 k €
Total assets128,5 k €462,8 k €45,8 k €90,6 k €54,9 k €22,4 k €86,3 k €188,6 k €54,6 k €38,4 k €13,4 k €15,1 k €15,8 k €16,9 k €
Cash30,3 k €411,3 k €826,8 €47,6 k €3,1 k €253,1 €8,1 k €216,1 €953,3 €493,7 €16,8 k €
Debts107,4 k €133,2 k €32,8 k €64,1 k €34,9 k €25,2 k €62,1 k €170,5 k €83,5 k €33,5 k €1,7 k €1 k €148,6 €89 €
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 12 ended

Active mandates

The Gold Unit

Director · since 01 mai 2011 · 0836.692.207

Represented by David Vermander

Active
THE RESERVOIR

Director · since 01 mai 2011 · 0835.893.342

Represented by Koen Van Sande

Active

Ended mandates

THE RIGHT ROOM

Manager · since 31 mai 2011 · until 02 décembre 2014 · 0835.496.335

Represented by Roel Mondelaers

Ended
The Gold Unit

Director · since 01 mai 2011 · 0836.692.207

Represented by David Vermander

Ended
THE RESERVOIR

Director · since 01 mai 2011 · 0835.893.342

Represented by Koen Van Sande

Ended
The Gold Unit

Manager · 0836.692.207

Represented by David Vermander

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date13/07/202626/06/202523/07/202419/07/202307/04/202220/07/2021
General meeting23/06/202624/06/202525/06/202427/06/202331/03/202222/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

14 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202523/06/202613/07/2026DutchPDF
Abridged model31/12/202424/06/202526/06/2025DutchPDF
Abridged model31/12/202325/06/202423/07/2024DutchPDF
Abridged model31/12/202227/06/202319/07/2023DutchPDF
Abridged model31/12/202131/03/202207/04/2022DutchPDF
Abridged model31/12/202022/06/202120/07/2021DutchPDF
Abridged model31/12/201923/06/202023/07/2020DutchPDF
Abridged model31/12/201814/06/201904/07/2019DutchPDF
Abridged model31/12/201726/06/201820/07/2018DutchPDF
Abridged model31/12/201627/06/201720/07/2017DutchPDF
Abridged model31/12/201503/06/201624/06/2016DutchPDF
Abridged model31/12/201423/06/201530/06/2015DutchPDF
Abridged model31/12/201324/06/201423/07/2014DutchPDF
Abridged model31/12/201215/06/201317/06/2013DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 12 ended

Active mandates

The Gold Unit

Director · since 01 mai 2011 · 0836.692.207

Represented by David Vermander

Active
THE RESERVOIR

Director · since 01 mai 2011 · 0835.893.342

Represented by Koen Van Sande

Active

Ended mandates

THE RIGHT ROOM

Manager · since 31 mai 2011 · until 02 décembre 2014 · 0835.496.335

Represented by Roel Mondelaers

Ended
The Gold Unit

Director · since 01 mai 2011 · 0836.692.207

Represented by David Vermander

Ended
THE RESERVOIR

Director · since 01 mai 2011 · 0835.893.342

Represented by Koen Van Sande

Ended
The Gold Unit

Manager · 0836.692.207

Represented by David Vermander

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Restructuring03/05/2024
    MET FUSIE DOOR ONDERNEMING GELIJKGESTELDE VERRICHTING
    PDF
  • Restructuring16/11/2023
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
    PDF
  • Registered office03/08/2015
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates13/01/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other16/08/2011
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other27/06/2011
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 20254,1 k €
  2. 2024
    Annual accounts 20244 k €
  3. 2023
    Annual accounts 2023-13,5 k €
  4. 2022
    Annual accounts 20226,5 k €
  5. 2021
    Annual accounts 202122,8 k €
  6. 2020
    Annual accounts 2020-27 k €
  7. 2019
    Annual accounts 20196,1 k €
  8. 2018
    Annual accounts 201847 k €
  9. 2017
    Annual accounts 2017-33,8 k €
  10. 2016
    Annual accounts 2016-6,8 k €
  11. 2015
    Annual accounts 2015-2,4 k €
  12. 2014
    Annual accounts 2014-1,6 k €
  13. 2013
    Annual accounts 2013-1,2 k €
  14. 2012
    Annual accounts 2012-1,7 k €
  15. 15/06/2011
    IncorporationPrivate limited company