aug.e
Dissolution or liquidationFinancials · fiscal year 2025, full schema
Turnover
€715,985
EBIT margin
4.9%
Net result
-€71,800▲ 98.6%
2024 · -€5.0m
Working capital
-€6.2m▼ 3.2%
2024 · -€6.0m
Trend over the years
2021 to 2025, 5 fiscal years 2018 to 2025, 8 fiscal years
The operating result stays negative: a loss of €56,438 in 2025 against €4.7m in 2024; the loss shrinks.
What the company sold each fiscal year and what was left of it. A loss stands below the zero line.
Operating result-€0.06m
2025
Net result-€0.07m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€0.5m
2025
Equity-€6.7m
2025
Debt€6.7m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€6.2m
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)-14.2%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency-62.9%
2023
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio0.08
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)2.5
2025
Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.Sector: 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. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019202020212022202320242025
Turnover€0.7m
Operating result€0.04m-€0.03m▼ 1.5%-€0.2m-€0.5m▼ 161%-€3.1m▼ 500%-€2.6m▲ 16.0%-€4.7m▼ 81.1%-€0.06m▲ 98.8%
Net result€0.03m-€0.02m▼ 39.1%-€0.2mbelow the sector's middle half-€0.5mbelow the sector's middle half▼ 159%-€3.1mbelow the sector's middle half▼ 514%-€2.8mbelow the sector's middle half▲ 11.8%-€5.0mbelow the sector's middle half▼ 79.6%-€0.07mbelow the sector's middle half▲ 98.6%
EBIT margin4.9%
Equity€0.2m-€0.2m▲ 6.6%€0.04mwithin the sector's middle half▼ 81.8%€0.5mwithin the sector's middle half▲ 1,031%-€2.7mbelow the sector's middle half-€1.6mbelow the sector's middle half▲ 38.5%-€6.6mbelow the sector's middle half▼ 306%-€6.7mbelow the sector's middle half▼ 1.1%
Total assets€0.3m-€0.4m▲ 23.4%€1.0mabove the sector's middle half▲ 187%€1.3mwithin the sector's middle half▲ 31.0%€2.2mabove the sector's middle half▲ 69.7%€2.6mabove the sector's middle half▲ 15.6%€0.6mwithin the sector's middle half▼ 76.2%€0.5mwithin the sector's middle half▼ 18.1%
Debt€0.06m-€0.1m▲ 89.3%€1.0m▲ 782%€0.8m▼ 14.5%€4.9m▲ 494%€4.2m▼ 13.7%€6.2m▲ 47.5%€6.7m▲ 6.9%
Working capital€0.2m-€0.2m▼ 19.0%€0.5mabove the sector's middle half▲ 200%€0.3mwithin the sector's middle half▼ 42.0%-€3.3mbelow the sector's middle half-€0.05mbelow the sector's middle half▲ 98.5%-€6.0mbelow the sector's middle half▼ 11,851%-€6.2mbelow the sector's middle half▼ 3.2%
Solvency79.7%-68.9%▼ 10.8pp4.4%below the sector's middle half▼ 64.5pp37.6%within the sector's middle half▲ 33.2pp-118.2%below the sector's middle half▼ 155.8pp-62.9%below the sector's middle half▲ 55.3pp
Current ratio4.89-2.66▼ 2.233.81within the sector's middle half▲ 1.151.96within the sector's middle half▼ 1.850.26below the sector's middle half▼ 1.700.93within the sector's middle half▲ 0.660.04below the sector's middle half▼ 0.890.08below the sector's middle half▲ 0.03
Return on assets (ROA)10.4%-5.2%▼ 5.3pp-19.6%below the sector's middle half▼ 24.8pp-38.8%below the sector's middle half▼ 19.2pp-140.3%below the sector's middle half▼ 101.5pp-107.1%below the sector's middle half▲ 33.2pp-807.0%below the sector's middle half▼ 699.9pp-14.2%below the sector's middle half▲ 792.8pp
Staff (FTE)3.37.3above the sector's middle half▲ 121%12.1above the sector's middle half▲ 65.8%20.7above the sector's middle half▲ 71.1%19above the sector's middle half▼ 8.2%11.1above the sector's middle half▼ 41.6%2.5within the sector's middle half▼ 77.5%
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.
Why a figure moved sharply
- 2025 Net result +99%, Staff (FTE) -77% on 2024. The accounts now follow the full schema, last year the abbreviated schema.
- 2021 Net result -159% on 2020. The accounts now follow the abbreviated schema, last year the micro schema.
Key figures and ratios
EBITDA
-€53,294▲
2024 · -€2.7m
Cash flow
-€68,656▲
2024 · -€3.0m
Interest coverage
-3.34▲
2024 · -8.91
Debt ≤ 1 year
€6.7m▲
2024 · €6.2m
Income taxes
€285▼
2024 · €3,112
Staff costs
€234,790▼
2024 · €1.4m
A ratio outside any meaningful range has been withheld (balance sheet total €506,099, equity -€6.7m).
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Turnover70 | - | €0.7m | - | - | - | - | - | - | - |
| Non-recurring operating income76A | - | - | - | - | - | €0.001m | €0 | - | - |
| Remuneration, social security and pensions62 | - | - | - | €1.0m | €1.8m | €1.8m | €1.4m | €0.2m | ▼ 83.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €0.02m | €0.06m | €0.1m | €0.3m | €0.6m | €1.9m | €0.003m | ▼ 99.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | - | - | €0.1m | €0 | ▼ 100% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | - | - | - | - | -€0.6m | - |
| Other operating charges640/8 | - | - | - | €0.006m | €0.08m | €0.002m | €0.004m | €0.03m | ▲ 595% |
| Non-recurring operating charges66A | - | - | - | €0 | €0.05m | €0 | €0.8m | €0.2m | ▼ 78.7% |
| Gross operating margin9900 | €0.04m | €0.3m | €0.5m | €0.6m | -€0.9m | -€0.1m | -€0.4m | -€0.2m | ▲ 36.3% |
| Operating profit (loss)9901 | €0.04m | €0.03m | -€0.2m | -€0.5m | -€3.1m | -€2.6m | -€4.7m | -€0.06m | ▲ 98.8% |
| Financial income75/76B | - | - | - | €0 | €3 | €474 | €1 | €0.001m | ▲ 148,769% |
| Recurring financial income75 | €0.005m | €11 | €390 | €0 | €3 | €474 | €1 | €0.001m | ▲ 148,769% |
| Financial charges65/66B | - | - | - | €0.003m | €0.09m | €0.2m | €0.3m | €0.02m | ▼ 95.2% |
| Recurring financial charges65 | €167 | €341 | €0.003m | €0.003m | €0.09m | €0.2m | €0.3m | €0.02m | ▼ 94.8% |
| Non-recurring financial charges66B | - | - | - | - | - | - | €0.03m | €0 | ▼ 100% |
| Profit (loss) for the period before taxes9903 | €0.04m | €0.03m | -€0.2m | -€0.5m | -€3.1m | -€2.8m | -€5.0m | -€0.07m | ▲ 98.6% |
| Income taxes67/77 | €0.01m | €0.01m | - | -€290 | €0.002m | €127 | €0.003m | €285 | ▼ 90.9% |
| Profit (loss) for the period9904 | €0.03m | €0.02m | -€0.2m | -€0.5m | -€3.1m | -€2.8m | -€5.0m | -€0.07m | ▲ 98.6% |
| Transfer from tax-exempt reserves789 | - | - | - | €0 | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €0.03m | €0.02m | -€0.2m | -€0.5m | -€3.1m | -€2.8m | -€5.0m | -€0.07m | ▲ 98.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.3m | €0.4m | €1.0m | €1.3m | €2.2m | €2.6m | €0.6m | €0.5m | ▼ 18.1% |
| Fixed assets21/28 | €0.004m | €0.06m | €0.3m | €0.7m | €1.1m | €1.9m | €0.4m | €0 | ▼ 100% |
| Intangible fixed assets21 | - | €0.03m | €0.2m | €0.6m | €1.0m | €1.9m | €0.4m | €0 | ▼ 100% |
| Tangible fixed assets22/27 | - | - | €0.009m | €0.02m | €0.03m | €0.03m | €0.005m | €0 | ▼ 100% |
| Plant, machinery and equipment23 | - | - | - | €0.02m | €0.03m | €0.03m | €0.005m | €0 | ▼ 100% |
| Furniture and vehicles24 | - | - | - | - | - | €0.001m | €0 | - | - |
| Financial fixed assets28 | €0.004m | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | €0 | - | - |
| Current assets29/58 | €0.3m | €0.3m | €0.7m | €0.6m | €1.2m | €0.6m | €0.3m | €0.5m | ▲ 92.7% |
| Stocks and contracts in progress3 | - | - | - | €0.2m | €0.2m | €0.03m | €0.01m | €0 | ▼ 100% |
| Stocks30/36 | - | - | - | €0.2m | €0.2m | €0.03m | €0.01m | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €0.07m | €0.2m | €0.07m | €0.1m | €0.3m | €0.2m | €0.04m | €0.04m | ▲ 20.8% |
| Trade receivables40 | - | - | - | €0.1m | €0.2m | €0.1m | €0.02m | €0.03m | ▲ 42.6% |
| Other amounts receivable41 | - | - | - | €0 | €0.08m | €0.08m | €0.01m | €0.01m | ▼ 17.4% |
| Current investments50/53 | €0.03m | €0.02m | €0.02m | €0 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €0.2m | €0.09m | €0.6m | €0.1m | €0.7m | €0.04m | €0.2m | €0.5m | ▲ 135% |
| Deferred charges and accrued income490/1 | - | - | - | €0.2m | €0.006m | €0.4m | €0.02m | €0 | ▼ 100% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.3m | €0.4m | €1.0m | €1.3m | €2.2m | €2.6m | €0.6m | €0.5m | ▼ 18.1% |
| Equity10/15 | €0.2m | €0.2m | €0.04m | €0.5m | -€2.7m | -€1.6m | -€6.6m | -€6.7m | ▼ 1.1% |
| Contributions10/11 | €0.1m | €0.1m | €0.1m | €1.1m | €1.1m | €4.9m | €4.9m | €4.9m | = |
| Capital10 | - | - | - | €1.1m | €1.1m | €4.9m | €4.9m | €4.9m | = |
| Issued capital100 | - | - | - | €1.1m | €1.1m | €4.9m | €4.9m | €4.9m | = |
| Reserves13 | €0.1m | €0.1m | €0.04m | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Non-distributable reserves130/1 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Legal reserve130 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Own shares acquired1312 | - | - | - | €0 | - | - | - | - | - |
| Profit (loss) carried forward14 | €0.004m | €0.02m | -€0.1m | -€0.6m | -€3.8m | -€6.6m | -€11.5m | -€11.6m | ▼ 0.6% |
| Provisions and deferred taxes16 | - | - | - | - | - | - | €1.0m | €0.5m | ▼ 46.9% |
| Provisions for liabilities and charges160/5 | - | - | - | - | - | - | €1.0m | €0.5m | ▼ 46.9% |
| Environmental obligations163 | - | - | - | - | - | - | €1.0m | €0.5m | ▼ 46.9% |
| Amounts payable17/49 | €0.06m | €0.1m | €1.0m | €0.8m | €4.9m | €4.2m | €6.2m | €6.7m | ▲ 6.9% |
| Amounts payable after more than one year17 | - | - | - | - | - | €3.2m | €0 | - | - |
| Financial debts170/4 | - | - | - | - | - | €3.2m | €0 | - | - |
| Amounts payable within one year42/48 | €0.06m | €0.1m | €0.2m | €0.3m | €4.5m | €0.7m | €6.2m | €6.7m | ▲ 6.9% |
| Financial debts43 | - | - | - | - | €3.8m | €0 | €5.8m | €5.9m | ▲ 2.6% |
| Credit institutions430/8 | - | - | - | - | €3.8m | €0 | €5.8m | €5.9m | ▲ 2.6% |
| Trade debts44 | €0.03m | €0.02m | €0.1m | €0.2m | €0.5m | €0.5m | €0.3m | €0.7m | ▲ 130% |
| Suppliers440/4 | - | - | - | €0.2m | €0.5m | €0.5m | €0.3m | €0.7m | ▲ 130% |
| Taxes, remuneration and social security45 | - | - | - | €0.2m | €0.2m | €0.2m | €0.1m | €0.004m | ▼ 97.0% |
| Taxes450/3 | - | - | - | €0.03m | €0.05m | €0 | €0.07m | €0.004m | ▼ 94.2% |
| Remuneration and social security454/9 | - | - | - | €0.1m | €0.2m | €0.2m | €0.07m | €0 | ▼ 100% |
| Other amounts payable47/48 | - | - | - | €0 | - | - | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €0.5m | €0.4m | €0.3m | €0 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.03m | €0.02m | -€0.2m | -€0.5m | -€3.1m | -€2.8m | -€5.0m | -€0.07m | ▲ 98.6% |
| + Depreciation and write-downs630 | - | €0.02m | €0.06m | €0.1m | €0.3m | €0.6m | €1.9m | €0.003m | ▼ 99.8% |
| Operating cash flow (approximation) | €0.03m | €0.03m | -€0.1m | -€0.4m | -€2.9m | -€2.1m | -€3.0m | -€0.07m | ▲ 97.7% |
| Investment in fixed assets (approximation) | - | -€0.07m | -€0.3m | -€0.5m | -€0.6m | -€1.5m | -€0.3m | €0.4m | ▲ 202% |
| Change in cash | - | -€0.09m | €0.5m | -€0.5m | €0.6m | -€0.7m | €0.2m | €0.3m | ▲ 69.4% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
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Of 2,705 companies in this sector we hold annual accounts for 1,786. 336 are within a factor 10 of this headcount. The 5 above are the closest to it. See the whole sector
Subsidies and aid
Flemish government
2023 · 1 entry · €130 awarded| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | €130 | €0 |
European Union, budget
2022 to 2023 · 4 entries · €1.3m in total| Year | Entries | awarded |
|---|---|---|
| 2023 | 2 | €420,350 |
| 2022 | 2 | €910,008 |
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