COMUNIC'ACTION
ActiveSummary
COMUNIC'ACTION has been active since 1998 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €17,141 and a net result of €548. Equity has been shrinking by about 3.9% per year since 2018. Its solvency ranks better than 41% of 8,575 sector peers (NACE 73, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 27-05-1998 Normal situation
- Activity
- Public relations and communication consultancy NACE 73300and 4 others
- Joint committee
- 200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
- Establishment unit
- 2.173.031.414 6000 Charleroi, since 01-08-2008
- Financial year end
- 31 December
- Peppol
- Reachable since 19-09-2025
Board and ownership
- STENGELE Olivier Roger JosephDirector
- INVENTE - MOI UNE IMAGE9.63%· score 552025 annual accounts of INVENTE - MOI UNE IMAGE
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €21,781
- ▼ 14.6%
- Turnover
- ≈ €140,000
- estimated
- Profit
- €548
- ▼ 88.0%
- Equity
- €17,141
- ▲ 3.3%
- Total assets
- €40,310
- ▲ 36.8%
- Employees on 31-12-2025
- 1
- =
Score breakdownlowers riskLiquidity: current ratio 1.73, cash €17,570Founded in 1998Figures for financial year 2025 (filed on 11-05-2026)Sector: Advertising, market research and public relations activities (NACE 73)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
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 43% of them on solvency, 63% on liquidity, 34% on profitability and 51% on growth.
The bankruptcy probability was computed on 01-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 2 days before 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.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 11-05-2026 PDF all 27 filings
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is 81% lower than in 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Advertising, market research and public relations activities (NACE 73). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 1 | 1 | 1 | 1 | 1 |
| full-time | - | - | - | 0 | 0 |
| part-time | 1 | 1 | 1 | 1 | 1 |
| in full-time equivalents | 0.5 | 0.5 | 0.5 | 0.3 | 0.5 |
| Average over the year, in full-time equivalents | 0.5 | 0.5 | 0.5 | 0.3 | 0.3 |
| On a permanent contract | 1 | 1 | - | 1 | 1 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €15,981 | - | - | - | - |
| Financial fixed assets | - | - | - | - | €0 |
| Depreciation and write-downs of the year | €2,789 | €5,274 | €5,274 | €2,645 | €0 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Comparable companies
These companies have the same main activity as COMUNIC'ACTION: public relations and communication consultancy (NACE 73300). They are comparable in size and age: total assets between €35,600 and €61,000, founded between 1994 and 2003.
| Company | Founded | Total assets | Equity | Gross margin | Turnover | Net result | Financial year |
|---|---|---|---|---|---|---|---|
| COMUNIC'ACTION Lasne | 1998 | €40,310 | €17,141 | €21,781 | - | €548 | 2025 |
| ADJURA Antwerpen | 1996 | €47,149 | €15,098 | €18,552 | €29,736 | €63 | 2024 |
| SERVICE CONSULTANCE TECHNIQUE Ottignies-Louvain-la-Neuve | 1994 | €61,034 | €45,245 | €21,314 | - | €7,786 | 2025 |
| W AGENCY Ukkel | 2002 | €46,790 | €33,886 | €22,345 | - | €12,542 | 2025 |
| HOOKSTORE Antwerpen | 2000 | €45,034 | €4,972 | €15,780 | - | -€56,246 | 2025 |
| EarthWays Leuven | 2000 | €49,678 | €43,464 | €15,935 | - | €6,603 | 2026 |
| ICatch Bekkevoort | 2003 | €35,608 | €15,216 | €18,980 | - | €6,097 | 2025 |
They were chosen from the 7,100 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 17,041 companies had the same profile as COMUNIC'ACTION has now. Two years later, 0.5% had gone bankrupt and 94.4% were still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of COMUNIC'ACTION itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,445 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 17,041 companies, not a prediction for COMUNIC'ACTION. 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €23,971 | €24,591 | €18,453 | €17,190 | €20,268 | ▲ 17.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €145 | €145 | €145 | €2,789 | €5,274 | €5,274 | €2,645 | €0 | ▼ 100% |
| Other operating charges640/8 | - | - | - | €695 | €738 | €541 | €786 | €572 | ▼ 27.2% |
| Non-recurring operating charges66A | - | - | - | - | €79 | - | - | - | - |
| Gross operating margin9900 | €20,432 | €31,859 | €30,929 | €20,257 | €28,069 | €14,670 | €25,499 | €21,781 | ▼ 14.6% |
| Operating profit (loss)9901 | -€1,502 | €7,990 | €11,317 | -€7,197 | -€2,612 | -€9,599 | €4,878 | €941 | ▼ 80.7% |
| Financial income75/76B | - | - | - | - | - | €0 | €0 | - | - |
| Recurring financial income75 | - | - | €0 | - | - | €0 | €0 | - | - |
| Financial charges65/66B | - | - | - | €69 | €69 | €69 | €69 | €186 | ▲ 170% |
| Recurring financial charges65 | €71 | €62 | €66 | €69 | €69 | €69 | €69 | €186 | ▲ 170% |
| Profit (loss) for the period before taxes9903 | -€1,573 | €7,928 | €11,251 | -€7,266 | -€2,681 | -€9,667 | €4,809 | €755 | ▼ 84.3% |
| Income taxes67/77 | - | - | - | €86 | €180 | €186 | €247 | €207 | ▼ 16.3% |
| Profit (loss) for the period9904 | -€1,573 | €7,928 | €11,251 | -€7,352 | -€2,861 | -€9,854 | €4,562 | €548 | ▼ 88.0% |
| Profit (loss) for the period to be appropriated9905 | -€1,573 | €7,928 | €11,251 | -€7,352 | -€2,861 | -€9,854 | €4,562 | €548 | ▼ 88.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €20,147 | €27,652 | €40,366 | €32,089 | €29,941 | €20,055 | €29,475 | €40,310 | ▲ 36.8% |
| Fixed assets21/28 | €415 | €270 | €125 | €13,318 | €8,044 | €2,770 | €125 | €125 | = |
| Tangible fixed assets22/27 | €290 | €145 | - | €13,193 | €7,919 | €2,645 | €0 | - | - |
| Furniture and vehicles24 | - | - | - | €13,193 | €7,919 | €2,645 | €0 | - | - |
| Financial fixed assets28 | €125 | €125 | €125 | €125 | €125 | €125 | €125 | €125 | = |
| Current assets29/58 | €19,732 | €27,382 | €40,241 | €18,771 | €21,897 | €17,285 | €29,350 | €40,185 | ▲ 36.9% |
| Amounts receivable after more than one year29 | - | - | - | - | €10,000 | €9,000 | €9,000 | €17,712 | ▲ 96.8% |
| Other amounts receivable291 | - | - | - | - | €10,000 | €9,000 | €9,000 | €17,712 | ▲ 96.8% |
| Amounts receivable within one year40/41 | €13,259 | €9,891 | €14,642 | €3,721 | €3,987 | €3,837 | €13,125 | €4,251 | ▼ 67.6% |
| Trade receivables40 | - | - | - | €3,721 | €3,987 | €3,837 | €13,125 | €4,251 | ▼ 67.6% |
| Cash at bank and in hand54/58 | €5,495 | €16,892 | €25,599 | €13,559 | €6,755 | €3,853 | €7,225 | €17,570 | ▲ 143% |
| Deferred charges and accrued income490/1 | - | - | - | €1,492 | €1,154 | €595 | €0 | €652 | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €20,147 | €27,652 | €40,366 | €32,089 | €29,941 | €20,055 | €29,475 | €40,310 | ▲ 36.8% |
| Equity10/15 | €12,918 | €20,847 | €32,098 | €24,746 | €21,885 | €12,031 | €16,593 | €17,141 | ▲ 3.3% |
| Contributions10/11 | €495,070 | €495,070 | - | €495,070 | €495,070 | €495,070 | €495,070 | €495,070 | = |
| Profit (loss) carried forward14 | -€482,152 | -€474,223 | -€462,972 | -€470,324 | -€473,185 | -€483,039 | -€478,477 | -€477,929 | ▲ 0.1% |
| Amounts payable17/49 | €7,229 | €6,806 | €8,268 | €7,343 | €8,056 | €8,023 | €12,882 | €23,170 | ▲ 79.9% |
| Amounts payable within one year42/48 | €7,229 | €6,806 | €8,268 | €7,343 | €8,056 | €8,023 | €12,882 | €23,170 | ▲ 79.9% |
| Trade debts44 | €875 | €210 | €183 | €971 | €869 | €1,133 | €140 | €933 | ▲ 569% |
| Suppliers440/4 | - | - | - | €971 | €869 | €1,133 | €140 | €933 | ▲ 569% |
| Taxes, remuneration and social security45 | - | - | - | €6,372 | €6,780 | €6,479 | €5,131 | €7,416 | ▲ 44.5% |
| Taxes450/3 | - | - | - | €1,491 | €1,668 | €1,592 | €1,948 | €1,839 | ▼ 5.6% |
| Remuneration and social security454/9 | - | - | - | €4,881 | €5,113 | €4,887 | €3,183 | €5,578 | ▲ 75.2% |
| Other amounts payable47/48 | - | - | - | - | €407 | €412 | €7,612 | €14,821 | ▲ 94.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,573 | €7,928 | €11,251 | -€7,352 | -€2,861 | -€9,854 | €4,562 | €548 | ▼ 88.0% |
| + Depreciation and write-downs630 | €145 | €145 | €145 | €2,789 | €5,274 | €5,274 | €2,645 | €0 | ▼ 100% |
| Operating cash flow (approximation) | -€1,428 | €8,073 | €11,396 | -€4,563 | €2,413 | -€4,580 | €7,207 | €548 | ▼ 92.4% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€15,981 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €11,397 | €8,707 | -€12,040 | -€6,803 | -€2,903 | €3,372 | €10,345 | ▲ 207% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 27 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 11-05-2026 | 2026-00107502 | |
| 31-12-2024 | micro format | 25-08-2025 | 2025-00423742 | |
| 31-12-2023 | micro format | 07-08-2024 | 2024-00332630 | |
| 31-12-2022 | micro format | 28-08-2023 | 2023-00357699 | |
| 31-12-2021 | micro format | 23-08-2022 | 2022-20305036 | |
| 31-12-2020 | micro format | 23-08-2021 | 2021-52800278 | |
| 31-12-2019 | micro format | 23-06-2020 | 2020-19000414 | |
| 31-12-2018 | micro format | 30-08-2019 | 2019-55200387 | |
| 31-12-2017 | micro format | 02-07-2018 | 2018-25500063 | |
| 31-12-2016 | full format | 04-07-2017 | 2017-26600024 |
Board & ownership
Directors
Owners and capital
Shareholders
1 ownerOwners 1
- Equity -€3,230 Profit of €2,994 in 2025 (profit of €992 in 2024) Checked score 559.63%
Capital transactions
- STENGELE Olivier Roger Joseph 3,753 shares
- INVENTE - MOI UNE IMAGE SRL (BE 0451.972.290) 400 shares
- 18-05-2026 Converted to unavailable equity · €495,070
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| STENGELE Olivier Roger Joseph |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Rémunération des administrateurs, fixe ou proportionnelle”
Articles of association, deed of 18-05-2026 (in French)
Network & group
Connections & network
1 connected companyThe connected companies are in the list below.
Timeline
Acts, filings and financial milestones
18-05
Gazette deed
Resignation: STENGELE Olivier Roger Joseph (manager)Appointment: STENGELE Olivier Roger Joseph (director) · Shareholding · Capital21 points ▸
- General meeting, 11-05-2026
- STENGELE Olivier Roger Joseph holds 3,753 shares
- INVENTE - MOI UNE IMAGE SRL holds 400 shares
- Capital, mentioned 2 times in the deed
- Power of attorney, Laure STOCQ
- Purpose change
- Amendment of the articles, mentioned 2 times in the deed
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Other provision, “compte de capitaux propres statutairement indisponible, Pas d'application” (deed in French)
- Power of attorney, Damien COLLON-WINDELINCKX
- Power of attorney, Antoine LOGÉ
- Director resignation, STENGELE Olivier Roger Joseph (manager)
- The act holds 9 more points.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
1 establishment unit
Buildings and parcels at the addresses
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 25076F0088/00L000 | Wallonia | 1,034 m² | 1 · 291 m² | - |
| 52011B0240/00V009 | Wallonia | 179 m² | 1 · 101 m² | 19.8 m · 6 |