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COMMUNICATE

Active
Private limited companyfounded 200322 yrs activeStrijdersstraat 4, 1560 Hoeilaart, BelgiumKBO/BCE: BE 0862.188.062
Summary

COMMUNICATE has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €57k and a net result of €20k. Equity is shrinking by ~5.3% per year across the filed fiscal years. Its solvency ranks better than 83% of 31694 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
98 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100▲+9
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 6.83 against 2.88 in 2024; short-term debt: 14.2% and cash: 47.1% of total assets), and 14.2% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 22 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
85.8%
Return on assets
30.3%
Age of the figures
12 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €57k
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 28-04-2026, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
2 d early
2024
36 d early
2023
32 d early
2022
34 d early
2021
33 d early
2020
34 d early
2019
30 d early
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€57k▲ 54.6%
2024 · €37k
2018: €49k 2019: €73k 2020: €77k 2021: €69k 2022: €27k 2023: €9k 2024: €37k
2018 → 2025
Total assets
€66k▲ 19.7%
2024 · €55k
2018: €94k 2019: €115k 2020: €140k 2021: €109k 2022: €65k 2023: €29k 2024: €55k
2018 → 2025
Net result
€20k▼ 30.0%
2024 · €29k
2018: €-22k 2019: €25k 2020: €25k 2021: €6k 2022: €-27k 2023: €-19k 2024: €29k
2018 → 2025
Working capital
€55k▲ 56.9%
2024 · €35k
2018: €28k 2019: €59k 2020: €75k 2021: €62k 2022: €26k 2023: €9k 2024: €35k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€69k-€27k▼ 60.3%€9k▼ 68.2%€37k▲ 322%€57k▲ 54.6%
Operating result€8k-€-27k€-18k▲ 35.4%€31k€29k▼ 4.7%
Net result€6k-€-27k€-19k▲ 30.3%€29k€20k▼ 30.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-40k€-20k€0€20k€40kOperating result 2021: €8k€8kNet result 2021: €6k€6kOperating result 2022: €-27k€-27kNet result 2022: €-27k€-27kOperating result 2023: €-18k€-18kNet result 2023: €-19k€-19kOperating result 2024: €31k€31kNet result 2024: €29k€29kOperating result 2025: €29k€29kNet result 2025: €20k€20k20212022202320242025€-20k€0€20k€40kOperating result 2023: €-18k€-18kNet result 2023: €-19k€-19kOperating result 2024: €31k€31kNet result 2024: €29k€29kOperating result 2025: €29k€29kNet result 2025: €20k€20k202320242025
The operating result falls in 2025; 2025 is 5% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €66k
Fixed assets €2k ▲ 12.3%
Current assets €64k ▲ 19.9%
Equity and liabilities €66k
Equity €57k ▲ 54.6%
Debt €9k ▼ 49.5%
Debt's share of the balance-sheet total falls from 33.6% to 14.2%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€30k
2024 · €31k
Cash flow
€21k
2024 · €29k
Current ratio
6.83
2024 · 2.88
Quick ratio
6.24
2024 · 2.46
Debt to equity
0.17
2024 · 0.51
ROE
35.3%
2024 · 78.0%
ROA
30.3%
2024 · 51.8%
Interest coverage
267.71
2024 · 142.32
Debt ≤ 1 year
€9k
2024 · €19k
Income taxes
€10k
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet Code20242025
Assets
Total assets20/58€55k€66k
Fixed assets21/28€2k€2k
Tangible fixed assets22/27€2k€2k
Furniture and vehicles24€2k€2k
Current assets29/58€53k€64k
Stocks and contracts in progress3€8k€6k
Stocks30/36€8k€6k
Amounts receivable within one year40/41€7k€27k
Trade receivables40€6k€4k
Other amounts receivable41€2k€22k
Cash at bank and in hand54/58€38k€31k
Deferred charges and accrued income490/1€500€515
Equity and liabilities
Total equity and liabilities10/49€55k€66k
Equity10/15€37k€57k
Contributions10/11€19k€19k=
Reserves13€35k€38k
Distributable reserves133€35k€38k
Profit (loss) carried forward14€-17k€245
Amounts payable17/49€19k€9k
Amounts payable within one year42/48€19k€9k
Trade debts44€15k€4k
Suppliers440/4€15k€4k
Taxes, remuneration and social security45€3k€6k
Taxes450/3€3k€6k
Other amounts payable47/48€263-
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€639€992
Other operating charges640/8€1k€1k
Gross operating margin9900€32k€31k
Operating profit (loss)9901€31k€29k
Financial income75/76B€20€843
Recurring financial income75€20€843
Financial charges65/66B€219€112
Recurring financial charges65€219€112
Profit (loss) for the period before taxes9903€30k€30k
Income taxes67/77€2k€10k
Profit (loss) for the period9904€29k€20k
Profit (loss) for the period to be appropriated9905€29k€20k
Appropriation of the result
Profit (loss) to be appropriated9906€-17k€3k
Profit (loss) brought forward from the previous period14P€-46k€-17k
Transfer to equity691/2-€3k
To other reserves6921-€3k

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
28-04
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial Liquidity doublescurrent ratio 6.83
Current ratio from 2.88 to 6.83; short-term debt falls from €19k to €9k.
25-03
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial Back to profitnet €29k
Net result €29k after 2 loss-making years.
30-09
Financial Liquidity doublescurrent ratio 2.88
Current ratio from 1.43 to 2.88; short-term debt falls from €20k to €19k.
29-03
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
27-03
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial Weakest financial yearnet €-27k ▼551%
Net result drops to €-27k, the lowest in the series; recovery starts the following year.
28-03
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
27-03
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-03
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial Back to profitnet €25k
Net result €25k after one loss-making year.
Show earlier events
26-04
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
30-04
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
25-04
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Hoeilaart · 1 establishment unit since 2004
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Strijdersstraat 41560 Hoeilaart
Ground area
1,142 m²
Building footprint
215 m²
Volume, LiDAR
1,176 m³
Parcel 23033C0075/00P017, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
COMMUNICATE
Strijdersstraat 4, 1560 HoeilaartNACE 7414201
since 20042.134.787.381
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23033C0075/00P017 Flanders 1,142 m² 1 · 215 m² 7.7 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 38,700 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded15-12-2003
Fiscal year end30-09
Activities, NACEBEL 2025
70200Business and other management consultancy
82990Other business support services
85592Vocational training
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.

Contact details

2 entries
E-mail:ulbe.jelluma@frysk.be
Enterprise
Phone:0478600084
Enterprise