EURACTIV MEDIA
ActiveEURACTIV MEDIA has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-4.57M) and a net result of €-4.75M. Equity remains stable across the filed fiscal years (±1.1% per year). Its solvency ranks better than 8% of 226 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
28
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-70
Solvency0▼-53
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.41 against 0.72 in 2023; short-term debt: 156.3% and cash: 12.5% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2024Solvency, return and age of the figures
Solvency
-114%
Return on assets
-118.5%
Age of the figures
21 mo
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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 72
Relative position
BE, all sectors
reference
Sector 72
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-4.57M
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-07-2025, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
24 d early
2023
42 d early
2022
105 d early
2021
24 d late
2020
75 d late
2019
119 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Turnover
€4.45M
EBIT margin
-103.6%
Net result
€-4.75M
2023 · €2k
2018: €27k
2019: €689
2020: €-15k
2021: €16k
2022: €23k
2023: €2k
2018 → 2024
Working capital
€-3.72M▼ 7,089%
2023 · €-52k
2018: €21k
2019: €17k
2020: €-12k
2021: €-47k
2022: €-36k
2023: €-52k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€4.45M
Equity€46k-€62k▲ 34.2%€85k▲ 37.5%€88k▲ 2.5%€-4.57M
Operating result€-9k-€23k€36k▲ 59.8%€8k▼ 76.5%€-4.61M
Net result€-15k-€16k€23k▲ 47.2%€2k▼ 90.8%€-4.75M
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €4.61M after €8k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €4.01M
Fixed assets
€1.47M▲ 712%
Current assets
€2.54M▲ 1,849%
Key figures and ratios
EBITDA
€-4.30M▼
2023 · €75k
Cash flow
€-4.44M▼
2023 · €69k
Solvency
-114.0%▼
2023 · 28.1%
Current ratio
0.41▼
2023 · 0.72
Quick ratio
0.41▼
2023 · 0.72
Debt / equity
-1.88▼
2023 · 2.55
ROA
-118.5%▼
2023 · 0.7%
Interest coverage
-21.96▼
2023 · 44.74
Debt
€8.59M▲
2023 · €224k
Debt ≤ 1 year
€6.27M▲
2023 · €182k
Staff costs
€3.99M▲
2023 · €643k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€311k€4.01M▲
Fixed assets21/28€181k€1.47M▲
Intangible fixed assets21-€1.29M
Tangible fixed assets22/27€148k€101k▼
Plant, machinery and equipment23-€32k
Furniture and vehicles24€58k€11k▼
Other tangible fixed assets26€90k€58k▼
Financial fixed assets28€33k€74k▲
Current assets29/58€131k€2.54M▲
Amounts receivable within one year40/41€106k€1.98M▲
Trade receivables40€85k€1.02M▲
Other amounts receivable41€21k€965k▲
Cash at bank and in hand54/58€3k€502k▲
Deferred charges and accrued income490/1€22k€60k▲
Equity and liabilities
Total equity and liabilities10/49€311k€4.01M▲
Equity10/15€88k€-4.57M▼
Contributions10/11€138k€2.90M▲
Reserves13€3k-
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133€737-
Profit (loss) carried forward14€-53k€-7.47M▼
Amounts payable17/49€224k€8.59M▲
Amounts payable after more than one year17€21k-
Other amounts payable178/9€21k-
Amounts payable within one year42/48€182k€6.27M▲
Trade debts44€51k€668k▲
Suppliers440/4€51k€668k▲
Taxes, remuneration and social security45€48k€1.14M▲
Taxes450/3€15k€296k▲
Remuneration and social security454/9€32k€845k▲
Other amounts payable47/48€84k€4.46M▲
Accrued charges and deferred income492/3€21k€2.32M▲
Income statement
Code20232024
Turnover70-€4.45M
Non-recurring operating income76A€0€35k▲
Goods, raw materials, services and sundry goods60/61-€5.22M
Remuneration, social security and pensions62€643k€3.99M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€67k€309k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€106k
Other operating charges640/8€26k€2k▼
Non-recurring operating charges66A€3k-
Gross operating margin9900€747k€-204k▼
Operating profit (loss)9901€8k€-4.61M▼
Financial income75/76B€2€53k▲
Recurring financial income75€2€2k▲
Non-recurring financial income76B-€52k
Financial charges65/66B€2k€196k▲
Recurring financial charges65€2k€196k▲
Profit (loss) for the period before taxes9903€7k€-4.75M▼
Income taxes67/77€5k-
Profit (loss) for the period9904€2k€-4.75M▼
Profit (loss) for the period to be appropriated9905€2k€-4.75M▼
Appropriation of the result
Profit (loss) to be appropriated9906€-53k€-4.81M▼
Profit (loss) brought forward from the previous period14P€-55k€-53k▲
Transfer to equity691/2-€2.67M
To contributions691-€2.67M
Social balance
Average headcount (FTE)908728.763.8▲
The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-4.75M ▼221459%
Net result drops to €-4.75M, the lowest in the series.
19-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
17-04
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 24 days late
2021
31-12
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
14-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 75 days late
2020
27-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 119 days late
2019
11-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 72 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 24 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2023
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.
13-12-2023
David MEKKAOUI: Resigned as Director
20-07-2018
Thierry LEROY: Resigned as Manager
01-04-2014
Richard Zednik: Resigned as Manager
09-08-2010
LOWRY Mathew John Hyland: Resigned as Managing director
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2001
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.
Karel de Grotelaan 11000 BrusselGround area
1,218 m²
Building footprint
1,077 m²
Volume, LiDAR
26,608 m³
Parcel 21806F0278/00R003, Brussels · tallest building 30.3 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
Company for European Network activities CENA
since 20012.076.732.980
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21806F0278/00R003 | Brussels | 1,218 m² | 1 · 1,077 m² | 30.2 m · 9 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.
Public money · subsidies and aid
European Union, budget
2024 to 2025 · 7 entries · 556,302 EUR in total| Year | Entries | awarded |
|---|---|---|
| 2025 | 1 | 15,000 EUR |
| 2024 | 6 | 541,302 EUR |
Projects
101187937 - AIOLIA - OPERATIONALIZING AI ETHICS FOR LEARNING AND PRACTICE: A GLOBAL APPROACH
101158834 - CODE4EUROPE - CODE4EUROPE - EMPOWERING THE NEW GENERATION OF YOUNG DIGITAL EUROPEANS.
101167621 - LIFE23-CET-LOCATEE - LOCAL AUTHORITIES TO TACKLE ENERGY POVERTY IN PRIVATE MULTI-APARTMENT BUILDINGS
101172523 - 2023CE16BAT243 - EUYOU - EUROPE IS YOU
101187937 - AIOLIA - OPERATIONALIZING AI ETHICS FOR LEARNING AND PRACTICE: A GLOBAL APPROACH
Show 2 more projects
COMMUNICATION ACTIVITIES EURACTIV - MEDIA PARTNERSHIP
101172523 - 2023CE16BAT243 - EUYOU - EUROPE IS YOU
European research
6 projects · 1,403,290 EUR EU contributionProgrammes
HORIZON
h2020
Projects
DEMOTEC - Democratising Territorial Cohesion: Experimenting with deliberative citizen engagement and participatory budgeting in European regional and urban policies
AI-based-technologies for trustworthy solutions against disinformation
AI-CODE - AI services for COntinuous trust in emerging Digital Environments
GReen power and Energy Efficiency iNvestments community-Financed for fOOTball buildings
OPERATIONALIZING AI ETHICS FOR LEARNING AND PRACTICE: A GLOBAL APPROACH
Show 1 more projects
Pan-European system with an efficient coordinated use of flexibilities for the integration of a large share of RES
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Of 1,177 companies in sector 72109 we hold annual accounts for 715. 431 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-04-1996
Fiscal year end31-12
Abbreviation NL
CENA
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
72109Other research and development on natural sciences
72220
46500Wholesale of information and communication equipment
46660Wholesale trade
51850
62010Computer programming, consultancy and related activities
62100Computer programming
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.