AUDUBON
ActiveSummary
AUDUBON has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€174,959) and a net result of -€22,021. Equity is shrinking by ~40.4% per year across the filed fiscal years. Its solvency ranks better than 11% of 1672 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability32▲+22
Solvency0▼-2
Growth38▲+16
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.17 against 1.2 in 2024; short-term debt: 3.4% and cash: 3.4% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-26.7%
Return on assets
-3.4%
Age of the figures
15 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
18192021232425
2018 to 2025 · latest year -€174,959
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
4 d late
2023
on the day
2021
30 d late
2020
31 d late
2019
31 d late
2018
30 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 18 days after the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 31 January (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close29-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
€23,439▼ 23.4%
2020 · €30,614
EBIT margin
-104.8%▼ 64.5pp
2020 · -40.3%
Net result
-€22,021▲ 52.1%
2024 · -€45,943
Working capital
€3,734▼ 11.9%
2024 · €4,238
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations 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
Line20202021202320242025
Turnover€30,614▼ 48.2%€23,439▼ 23.4%
Operating result-€12,332▲ 72.2%-€24,556▼ 99.1%-€70,871--€44,700▲ 36.9%-€21,483▲ 51.9%
Net result-€21,728below the sector's middle half▲ 58.4%-€44,390below the sector's middle half▼ 104%-€72,967below the sector's middle half--€45,943below the sector's middle half▲ 37.0%-€22,021below the sector's middle half▲ 52.1%
EBIT margin-40.3%▲ 34.8pp-104.8%▼ 64.5pp
Equity€10,363below the sector's middle half▼ 87.7%-€34,027below the sector's middle half-€106,994below the sector's middle half--€152,937below the sector's middle half▼ 42.9%-€174,959below the sector's middle half▼ 14.4%
Total assets€739,676within the sector's middle half▼ 5.7%€778,651within the sector's middle half▲ 5.3%€723,531within the sector's middle half-€678,664within the sector's middle half▼ 6.2%€656,327within the sector's middle half▼ 3.3%
Debt€729,313▲ 1.2%€812,679▲ 11.4%€830,525-€831,602▲ 0.1%€831,285=
Working capital-€920within the sector's middle half-€529,675below the sector's middle half▼ 57,453%€25,093within the sector's middle half-€4,238within the sector's middle half▼ 83.1%€3,734within the sector's middle half▼ 11.9%
Solvency1.4%below the sector's middle half▼ 9.3pp-4.4%below the sector's middle half▼ 5.8pp-14.8%below the sector's middle half--22.5%below the sector's middle half▼ 7.7pp-26.7%below the sector's middle half▼ 4.1pp
Current ratio0.97within the sector's middle half▼ 0.720.11below the sector's middle half▼ 0.852.10within the sector's middle half-1.20within the sector's middle half▼ 0.911.17within the sector's middle half▼ 0.03
Return on assets (ROA)-2.9%below the sector's middle half▲ 3.7pp-5.7%below the sector's middle half▼ 2.8pp-10.1%below the sector's middle half--6.8%below the sector's middle half▲ 3.3pp-3.4%below the sector's middle half▲ 3.4pp
Staff (FTE)0below the sector's middle half0below the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €21,483 in 2025 against €44,700 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €656,327
Fixed assets
€630,414 ▼ 3.4%
Current assets
€25,912 ▲ 0.7%
Key figures and ratios
EBITDA
€1,031▲
2024 · -€21,950
Cash flow
€493▲
2024 · -€23,193
Debt to equity
-4.75▲
2024 · -5.44
Interest coverage
2.13▲
2024 · -23.59
Debt ≤ 1 year
€22,179▲
2024 · €21,498
Debt > 1 year
€800,000=
2024 · €800,000
Income taxes
€80▼
2024 · €314
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,242 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 93% are still going.
- Small
- 20 years or older
- negative equity
- a small loss
1.6%
went bankrupt
3.8%
stopped otherwise
93%
still going
A further 1.9% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 1,242 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
| Line | 2020 | 2021 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €36,672 | - | - | - | - |
| Turnover70 | €30,614 | €23,439 | - | - | - | - |
| Other operating income74 | - | €13,233 | - | - | - | - |
| Non-recurring operating income76A | - | - | - | €2,000 | €0 | ▼ 100% |
| Operating charges60/66A | - | €61,227 | - | - | - | - |
| Goods for resale, raw materials and consumables60 | - | €4,436 | - | - | - | - |
| Purchases600/8 | - | €4,436 | - | - | - | - |
| Services and other goods61 | - | €32,722 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €19,675 | €21,518 | €34,411 | €22,750 | €22,514 | ▼ 1.0% |
| Other operating charges640/8 | - | €2,551 | €3,167 | €1,893 | €1,622 | ▼ 14.3% |
| Non-recurring operating charges66A | - | - | €11,085 | €12,107 | €0 | ▼ 100% |
| Gross operating margin9900 | - | - | -€22,207 | -€7,950 | €2,653 | ▲ 133% |
| Operating profit (loss)9901 | -€12,332 | -€24,556 | -€70,871 | -€44,700 | -€21,483 | ▲ 51.9% |
| Financial income75/76B | - | €10 | €841 | €1 | €25 | ▲ 1,751% |
| Recurring financial income75 | €38 | €10 | €841 | €1 | €25 | ▲ 1,751% |
| Other financial income752/9 | - | €10 | - | - | - | - |
| Financial charges65/66B | - | €19,265 | €2,037 | €930 | €483 | ▼ 48.1% |
| Recurring financial charges65 | €8,138 | €19,265 | €2,037 | €930 | €483 | ▼ 48.1% |
| Debt charges650 | €6,987 | €18,938 | - | - | - | - |
| Other financial charges652/9 | - | €327 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | -€20,432 | -€43,811 | -€72,067 | -€45,629 | -€21,942 | ▲ 51.9% |
| Income taxes67/77 | €1,296 | €579 | €900 | €314 | €80 | ▼ 74.7% |
| Taxes670/3 | - | €579 | - | - | - | - |
| Profit (loss) for the period9904 | -€21,728 | -€44,390 | -€72,967 | -€45,943 | -€22,021 | ▲ 52.1% |
| Profit (loss) for the period to be appropriated9905 | -€21,728 | -€44,390 | -€72,967 | -€45,943 | -€22,021 | ▲ 52.1% |
| Line | 2020 | 2021 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €739,676 | €778,651 | €723,531 | €678,664 | €656,327 | ▼ 3.3% |
| Fixed assets21/28 | €713,067 | €710,090 | €675,679 | €652,929 | €630,414 | ▼ 3.4% |
| Tangible fixed assets22/27 | €713,067 | €710,090 | €675,679 | €652,929 | €630,414 | ▼ 3.4% |
| Land and buildings22 | - | €689,010 | €662,265 | €644,435 | €626,604 | ▼ 2.8% |
| Plant, machinery and equipment23 | - | €17,497 | €11,395 | €7,518 | €3,810 | ▼ 49.3% |
| Furniture and vehicles24 | - | €3,583 | €2,019 | €976 | €0 | ▼ 100% |
| Current assets29/58 | €26,609 | €68,561 | €47,852 | €25,736 | €25,912 | ▲ 0.7% |
| Stocks and contracts in progress3 | €0 | €0 | - | - | - | - |
| Amounts receivable within one year40/41 | €2,327 | €10,542 | €9,207 | €6,552 | €1,723 | ▼ 73.7% |
| Trade receivables40 | - | €6,284 | €6,034 | €4,164 | €1,723 | ▼ 58.6% |
| Other amounts receivable41 | - | €4,258 | €3,172 | €2,389 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €21,944 | €56,827 | €35,983 | €17,237 | €22,366 | ▲ 29.8% |
| Deferred charges and accrued income490/1 | - | €1,193 | €2,663 | €1,946 | €1,824 | ▼ 6.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €739,676 | €778,651 | €723,531 | €678,664 | €656,327 | ▼ 3.3% |
| Equity10/15 | €10,363 | -€34,027 | -€106,994 | -€152,937 | -€174,959 | ▼ 14.4% |
| Contributions10/11 | €560,000 | €560,000 | €560,000 | €560,000 | €560,000 | = |
| Capital10 | - | €560,000 | €560,000 | €560,000 | €560,000 | = |
| Issued capital100 | - | €560,000 | €560,000 | €560,000 | €560,000 | = |
| Reserves13 | €2,396 | €2,396 | €2,396 | €2,396 | €2,396 | = |
| Non-distributable reserves130/1 | - | €2,396 | €2,396 | €2,396 | €2,396 | = |
| Legal reserve130 | - | €2,396 | €2,396 | €2,396 | €2,396 | = |
| Profit (loss) carried forward14 | -€552,033 | -€596,423 | -€669,390 | -€715,333 | -€737,354 | ▼ 3.1% |
| Amounts payable17/49 | €729,313 | €812,679 | €830,525 | €831,602 | €831,285 | = |
| Amounts payable after more than one year17 | €700,000 | €200,000 | €800,000 | €800,000 | €800,000 | = |
| Financial debts170/4 | - | €200,000 | €0 | - | - | - |
| Other loans174 | - | €200,000 | - | - | - | - |
| Other amounts payable178/9 | - | - | €800,000 | €800,000 | €800,000 | = |
| Amounts payable within one year42/48 | €27,530 | €598,236 | €22,760 | €21,498 | €22,179 | ▲ 3.2% |
| Financial debts43 | - | €1,182 | €0 | - | - | - |
| Credit institutions430/8 | - | €1,182 | €0 | - | - | - |
| Trade debts44 | €3,516 | €3,216 | €7,545 | €2,856 | €83 | ▼ 97.1% |
| Suppliers440/4 | - | €3,216 | €7,545 | €2,856 | €83 | ▼ 97.1% |
| Taxes, remuneration and social security45 | - | €1,124 | €315 | €0 | €2,377 | - |
| Taxes450/3 | - | €1,124 | €315 | €0 | €2,377 | - |
| Other amounts payable47/48 | - | €592,714 | €14,899 | €18,641 | €19,718 | ▲ 5.8% |
| Accrued charges and deferred income492/3 | - | €14,443 | €7,766 | €10,104 | €9,107 | ▼ 9.9% |
| Line | 2020 | 2021 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€21,728 | -€44,390 | -€72,967 | -€45,943 | -€22,021 | ▲ 52.1% |
| + Depreciation and write-downs630 | €19,675 | €21,518 | €34,411 | €22,750 | €22,514 | ▼ 1.0% |
| Operating cash flow (approximation) | -€2,053 | -€22,872 | -€38,556 | -€23,193 | €493 | ▲ 102% |
| Investment in fixed assets (approximation) | - | -€18,541 | - | €0 | €0 | - |
| Change in cash | - | €34,883 | - | -€18,746 | €5,128 | ▲ 127% |
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
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
04-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 4 days late
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
Financial
Weakest financial yearnet -€72,967
Net result drops to -€72,967, the lowest in the series; recovery starts the following year.
30-06
Financial
Liquidity times 18current ratio 2.10
Current ratio from 0.11 to 2.10; short-term debt falls from €598,236 to €22,760.
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 30 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 31 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 24 days late
2017
18-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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, Ronse · 1 establishment unit since 1996
Ground area
339 m²
Building footprint
339 m²
Volume, LiDAR
2,997 m³
Parcel 45041B1791/00G004, Flanders · tallest building 15.6 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
AUDUBON
since 19962.075.484.353
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45041B1791/00G004 | Flanders | 339 m² | 1 · 339 m² | 15.6 m · 3 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Recognitions · licences · registrations
Legal Entity Identifier
6488YAEQ78P23L817L84
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Of 13,417 companies in sector 73300 we hold annual accounts for 6,906. 3,747 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded04-12-1995
Fiscal year end30-06
Activities, NACEBEL 2025
73300Public relations and communication consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0456646405
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.