DEFINITIV COMMUNICATION SERVICES
ActiveSummary
DEFINITIV COMMUNICATION SERVICES has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €408,467 and a net result of €117,744. Equity is growing by ~3.2% per year across the filed fiscal years. Its solvency ranks better than 55% of 7098 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability90▲+18
Solvency85▲+23
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35,000 at 30 days acceptable
Liquidity ample (current ratio 1.91 against 0.23 in 2024; short-term debt: 25.2% and cash: 34.5% of total assets), and 40.1% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
59.9%
Return on assets
17.3%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 23-02-2026, 23 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
23 d late
2024
3 d late
2023
2 d early
2022
29 d late
2021
28 d late
2020
26 d late
2019
24 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 19 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 23 February (5 of the last 5 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
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€408,467▲ 40.5%
2024 · €290,724
Total assets
€681,560▼ 13.6%
2024 · €788,515
Net result
€117,744▲ 403%
2024 · €23,402
Working capital
€155,294
2024 · -€253,087
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
Line20212022202320242025
Operating result€35,881▼ 14.5%€9,721▼ 72.9%-€357€55,167€173,230▲ 214%
Net result€25,603within the sector's middle half▼ 22.6%€222within the sector's middle half▼ 99.1%-€6,433below the sector's middle half€23,402within the sector's middle half€117,744above the sector's middle half▲ 403%
Equity€273,532above the sector's middle half▲ 4.8%€273,754above the sector's middle half▲ 0.1%€267,321above the sector's middle half▼ 2.3%€290,724above the sector's middle half▲ 8.8%€408,467above the sector's middle half▲ 40.5%
Total assets€815,303above the sector's middle half▼ 4.1%€757,474above the sector's middle half▼ 7.1%€815,930above the sector's middle half▲ 7.7%€788,515above the sector's middle half▼ 3.4%€681,560above the sector's middle half▼ 13.6%
Debt€526,771▼ 8.3%€483,720▼ 8.2%€548,609▲ 13.4%€497,791▼ 9.3%€273,092▼ 45.1%
Working capital-€19,261below the sector's middle half▲ 84.8%-€96,845below the sector's middle half▼ 403%-€254,003below the sector's middle half▼ 162%-€253,087below the sector's middle half▲ 0.4%€155,294above the sector's middle half
Solvency33.5%within the sector's middle half▲ 2.9pp36.1%within the sector's middle half▲ 2.6pp32.8%within the sector's middle half▼ 3.4pp36.9%within the sector's middle half▲ 4.1pp59.9%within the sector's middle half▲ 23.1pp
Current ratio0.86below the sector's middle half▲ 0.310.46below the sector's middle half▼ 0.390.27below the sector's middle half▼ 0.200.23below the sector's middle half▼ 0.041.91within the sector's middle half▲ 1.68
Return on assets (ROA)3.1%within the sector's middle half▼ 0.8pp0.0%within the sector's middle half▼ 3.1pp-0.8%below the sector's middle half▼ 0.8pp3.0%within the sector's middle half▲ 3.8pp17.3%within the sector's middle half▲ 14.3pp
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.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 214% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €681,560
Fixed assets
€354,711 ▼ 50.3%
Current assets
€326,848 ▲ 341%
Equity and liabilities €681,560
Equity
€408,467 ▲ 40.5%
Debt
€273,092 ▼ 45.1%
Debt's share of the balance-sheet total falls from 63.1% to 40.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€234,829▲
2024 · €127,807
Cash flow
€179,343▲
2024 · €96,042
Quick ratio
1.82▲
2024 · 0.16
Debt to equity
0.67▼
2024 · 1.71
ROE
28.8%▲
2024 · 8.0%
Interest coverage
18.45▲
2024 · 6.78
Debt ≤ 1 year
€171,554▼
2024 · €327,285
Debt > 1 year
€94,702▼
2024 · €156,288
Income taxes
€47,239▲
2024 · €12,926
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,134 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.6% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 20,134 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €1,658 | - | - | - |
| Remuneration, social security and pensions62 | - | €231 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €59,451 | €66,660 | €73,342 | €72,640 | €61,599 | ▼ 15.2% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | -€15,000 | - | - | - | - |
| Other operating charges640/8 | - | €7,866 | €7,052 | €12,907 | €11,129 | ▼ 13.8% |
| Gross operating margin9900 | €101,133 | €69,478 | €80,037 | €140,714 | €245,958 | ▲ 74.8% |
| Operating profit (loss)9901 | €35,881 | €9,721 | -€357 | €55,167 | €173,230 | ▲ 214% |
| Financial income75/76B | - | €10 | €106 | €0 | €4,478 | ▲ 22,391,500% |
| Recurring financial income75 | €264 | €10 | €106 | €0 | €4,478 | ▲ 22,391,500% |
| Financial charges65/66B | - | €2,887 | €6,209 | €18,839 | €12,725 | ▼ 32.5% |
| Recurring financial charges65 | €8,021 | €2,887 | €6,209 | €18,839 | €12,725 | ▼ 32.5% |
| Profit (loss) for the period before taxes9903 | €28,124 | €6,844 | -€6,460 | €36,328 | €164,983 | ▲ 354% |
| Income taxes67/77 | €2,521 | €6,622 | -€27 | €12,926 | €47,239 | ▲ 265% |
| Profit (loss) for the period9904 | €25,603 | €222 | -€6,433 | €23,402 | €117,744 | ▲ 403% |
| Profit (loss) for the period to be appropriated9905 | €25,603 | €222 | -€6,433 | €23,402 | €117,744 | ▲ 403% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €815,303 | €757,474 | €815,930 | €788,515 | €681,560 | ▼ 13.6% |
| Fixed assets21/28 | €700,805 | €673,369 | €723,245 | €714,317 | €354,711 | ▼ 50.3% |
| Tangible fixed assets22/27 | €700,663 | €673,227 | €723,103 | €714,174 | €354,569 | ▼ 50.4% |
| Land and buildings22 | - | €608,278 | €669,896 | €664,834 | €239,189 | ▼ 64.0% |
| Plant, machinery and equipment23 | - | €10,074 | €6,718 | €6,851 | €22,508 | ▲ 229% |
| Furniture and vehicles24 | - | €54,875 | €46,489 | €42,489 | €63,497 | ▲ 49.4% |
| Assets under construction and advance payments27 | - | - | - | - | €29,375 | - |
| Financial fixed assets28 | €142 | €142 | €142 | €142 | €142 | = |
| Current assets29/58 | €114,498 | €84,105 | €92,685 | €74,198 | €326,848 | ▲ 341% |
| Stocks and contracts in progress3 | €29,335 | €29,335 | €29,335 | €22,001 | €14,667 | ▼ 33.3% |
| Stocks30/36 | - | €29,335 | €29,335 | €22,001 | €14,667 | ▼ 33.3% |
| Amounts receivable within one year40/41 | €82,900 | €50,626 | €59,424 | €19,929 | €62,874 | ▲ 215% |
| Trade receivables40 | - | €50,626 | €56,186 | €19,929 | €12,874 | ▼ 35.4% |
| Other amounts receivable41 | - | - | €3,238 | - | €50,000 | - |
| Cash at bank and in hand54/58 | €1,109 | €4,144 | €889 | €29,038 | €235,024 | ▲ 709% |
| Deferred charges and accrued income490/1 | - | - | €3,037 | €3,230 | €14,283 | ▲ 342% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €815,303 | €757,474 | €815,930 | €788,515 | €681,560 | ▼ 13.6% |
| Equity10/15 | €273,532 | €273,754 | €267,321 | €290,724 | €408,467 | ▲ 40.5% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Capital10 | - | €18,592 | - | - | - | - |
| Issued capital100 | - | €18,592 | - | - | - | - |
| Reserves13 | €1,859 | €1,859 | €1,859 | €1,859 | €51,859 | ▲ 2,689% |
| Non-distributable reserves130/1 | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Legal reserve130 | - | €1,859 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | €1,859 | €1,859 | €1,859 | = |
| Distributable reserves133 | - | - | - | - | €50,000 | - |
| Profit (loss) carried forward14 | €253,081 | €253,303 | €246,870 | €270,272 | €338,016 | ▲ 25.1% |
| Provisions and deferred taxes16 | €15,000 | - | - | - | - | - |
| Amounts payable17/49 | €526,771 | €483,720 | €548,609 | €497,791 | €273,092 | ▼ 45.1% |
| Amounts payable after more than one year17 | €348,012 | €302,770 | €199,257 | €156,288 | €94,702 | ▼ 39.4% |
| Financial debts170/4 | - | €302,770 | €199,257 | €156,288 | €94,702 | ▼ 39.4% |
| Amounts payable within one year42/48 | €133,759 | €180,950 | €346,688 | €327,285 | €171,554 | ▼ 47.6% |
| Current portion of amounts payable after more than one year42 | - | €43,254 | €49,050 | €92,402 | €58,291 | ▼ 36.9% |
| Financial debts43 | - | - | €3,599 | - | - | - |
| Credit institutions430/8 | - | - | €3,599 | - | - | - |
| Trade debts44 | €37,831 | €1,303 | €49,615 | €10,213 | €8,421 | ▼ 17.5% |
| Suppliers440/4 | - | €1,303 | €49,615 | €10,213 | €8,421 | ▼ 17.5% |
| Advances received on contracts in progress46 | - | - | - | €250 | - | - |
| Taxes, remuneration and social security45 | - | €8,797 | - | €24,619 | €4,417 | ▼ 82.1% |
| Taxes450/3 | - | €8,797 | - | €24,619 | €4,417 | ▼ 82.1% |
| Other amounts payable47/48 | - | €127,596 | €244,424 | €199,801 | €100,425 | ▼ 49.7% |
| Accrued charges and deferred income492/3 | - | - | €2,665 | €14,218 | €6,836 | ▼ 51.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €25,603 | €222 | -€6,433 | €23,402 | €117,744 | ▲ 403% |
| + Depreciation and write-downs630 | €59,451 | €66,660 | €73,342 | €72,640 | €61,599 | ▼ 15.2% |
| Operating cash flow (approximation) | €85,054 | €66,882 | €66,908 | €96,042 | €179,343 | ▲ 86.7% |
| Investment in fixed assets (approximation) | - | -€39,224 | -€123,218 | -€63,711 | €298,006 | ▲ 568% |
| Change in cash | - | €3,035 | -€3,255 | €28,149 | €205,986 | ▲ 632% |
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
23-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 23 days late
2025
30-06
Financial
Highest result since 2019net €117,744 ▲403%
Operating result €173,230, net result €117,744, both a record.
30-06
Financial
Liquidity times 8current ratio 1.91
Current ratio from 0.23 to 1.91; short-term debt falls from €327,285 to €171,554.
03-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 3 days late
2024
30-06
Financial
Back to profitnet €23,402
Net result €23,402 after one loss-making year.
29-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Weakest financial yearnet -€6,433
Net result drops to -€6,433, the lowest in the series; recovery starts the following year.
01-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
28-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 28 days late
2021
26-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
24-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 24 days late
2019
28-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
09-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
4 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, Schaarbeek · 1 establishment unit since 1992
Ground area
2,645 m²
Building footprint
896 m²
Volume, LiDAR
11,321 m³
2 parcels, Brussels, Flanders · tallest building 27.8 m, ±6 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
DEFINITIV COMMUNICATION
since 19922.059.780.944
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23543K0336/00H003 | Flanders | 1,713 m² | 1 · 203 m² | - |
| 21909E0229/00T009 | Brussels | 931 m² | 1 · 693 m² | 27.8 m · 6 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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
MILES PER HOUR
BE 0878.779.814
Evergem · Eq €408,505
AQUI & WIMPULS
BE 0474.366.226
Ronse · Eq €408,419
THE WORKING GROUP
BE 0739.868.587
Mechelen · Eq €407,373
ZENO SIGNS
BE 0473.684.157
Antwerpen · Eq €409,756
DTS Translations
BE 0677.680.503
Bernissart · Eq €410,062
Of 9,863 companies in sector 73110 we hold annual accounts for 3,758. 2,320 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded08-10-1992
Fiscal year end30-06
Activities, NACEBEL 2025
73110Advertising agencies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0448568976
Registered
10-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.