Result
Back in profit in 2025, after a loss of €41,890 in 2024.
Back in profit in 2025, after a loss of €41,890 in 2024.
The micro format states no turnover.
Short-term debts fell from €60,469 to €55,016.
Latest accounts filed late: after the legal deadline.
More equity than 94% of companies in advertising and market research. Sector median €58,793 · 8,618 companies.
The dashed line is the sector median: 0.2% across 11,229 companies (NACE 73, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 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 73, micro). It does better than 42% of them on solvency, 42% on liquidity, 27% on profitability and 48% on growth.
The bankruptcy probability was computed on 07-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 6,049 companies had the same profile as AR MEDIA SPRL has now. Each dot stands for 16 companies, two years later.
That fits the bankruptcy probability of AR MEDIA SPRL itself: 0.3% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,049 companies, not a prediction for AR MEDIA SPRL. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is tight, with a current ratio of 1.32 (0.4 in 2024), below the usual 1.5. Short-term debt is 3.7% and cash 1.7% of total assets. 58% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 37 days after the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| AR MEDIA SPRL Anderlecht | €1.5m | €139,811 | 42.0% | - |
| FIRI Dendermonde | €1.5m | €141,895 | 54.4% | 1.1 |
| VEROHAM Bruges | €1.3m | €139,136 | 35.3% | 0 |
| A2D Boutique Concierge Belgium Edegem | €1.2m | €131,866 | 24.2% | 1 |
| GOFFIN F.R. MANAGEMENT Aywaille | €1.9m | €143,041 | 33.1% | - |
| STARK INNOVATION & MANAGEMENT Uccle | €2.0m | €183,371 | 93.4% | - |
| PHANNE-INVEST Forest | €1.4m | €221,588 | 77.6% | - |
These companies have the same main activity as AR MEDIA SPRL: public relations and communication consultancy (NACE 73300). They are comparable in size and age: total assets between €1.2m and €2m, founded between 2005 and 2010.
AR MEDIA SPRL files the micro format. That format states no turnover. The gross margin fell from €311,290 in 2008 to €139,811 in 2025.
The balance sheet grew most from 2010 to 2012 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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