FINANCE & COMMUNICATION
ActiveFINANCE & COMMUNICATION has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-2k) and a net result of €-777. Equity is shrinking by ~41.8% per year across the filed fiscal years. Its solvency ranks better than 5% of 1608 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency33=
Growth58=
Stability100
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
Credit advice for your own amount and term
Signals
Eight 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 2025Age of the figures
Age of the figures
8 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
raises risk · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€2k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 d early
2024
16 d early
2023
29 d early
2022
35 d early
2021
13 d early
2020
12 d late
2019
82 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-2k▼ 73.2%
2024 · €-1k
2018: €5k
2019: €5k
2020: €4k
2021: €3k
2022: €561
2023: €-198
2024: €-1k
2018 → 2025
Total assets
€113▲ 185%
2024 · €40
2018: €5k
2019: €5k
2020: €4k
2021: €3k
2022: €561
2023: €402
2024: €40
2018 → 2025
Net result
€-777▲ 9.9%
2024 · €-862
2018: €-1k
2019: €-759
2020: €-604
2021: €-689
2022: €-3k
2023: €-759
2024: €-862
2018 → 2025
Working capital
€-2k▼ 73.2%
2024 · €-1k
2020: €4k
2021: €3k
2023: €-198
2024: €-1k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€3k-€561▼ 82.7%€-198€-1k▼ 435%€-2k▼ 73.2%
Operating result€-644-€-3k▼ 309%€-714▲ 72.9%€-817▼ 14.4%€-732▲ 10.5%
Net result€-689-€-3k▼ 289%€-759▲ 71.7%€-862▼ 13.6%€-777▲ 9.9%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €732 in 2025 against €817 in 2024; the loss shrinks.
Key figures and ratios
Debt
€2k▲
2024 · €1k
Debt ≤ 1 year
€2k▲
2024 · €1k
Ratios withheld: a balance sheet total of €113 is too small for a meaningful ratio.
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€40€113▲
Current assets29/58€40€113▲
Cash at bank and in hand54/58€40€113▲
Equity and liabilities
Total equity and liabilities10/49€40€113▲
Equity10/15€-1k€-2k▼
Contributions10/11€65k€65k=
Capital10€65k€65k=
Issued capital100€65k€65k=
Reserves13€7k€7k=
Non-distributable reserves130/1€7k€7k=
Legal reserve130€7k€7k=
Profit (loss) carried forward14€-73k€-73k▼
Amounts payable17/49€1k€2k▲
Amounts payable within one year42/48€1k€2k▲
Trade debts44-€400
Suppliers440/4-€400
Other amounts payable47/48€1k€2k▲
Income statement
Code20242025
Other operating charges640/8€387€400▲
Gross operating margin9900€-430€-332▲
Operating profit (loss)9901€-817€-732▲
Financial charges65/66B€45€45=
Recurring financial charges65€45€45=
Profit (loss) for the period before taxes9903€-862€-777▲
Profit (loss) for the period9904€-862€-777▲
Profit (loss) for the period to be appropriated9905€-862€-777▲
Appropriation of the result
Profit (loss) to be appropriated9906€-73k€-73k▼
Profit (loss) brought forward from the previous period14P€-72k€-73k▼
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-3k
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
18-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
12-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 12 days late
2020
21-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 82 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
17-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 17 days late
2017
29-04
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
1 director, no change since 2022
Timothy HELLAWELL
CurrentManaging director · since 27-09-2022
27-09-2022
Appointed as Managing director
Location & real-estate footprint
Registered office, Ukkel · 1 establishment unit since 1989
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.
Winston Churchilllaan 2281180 UkkelGround area
1,959 m²
Building footprint
354 m²
Volume, LiDAR
3,674 m³
2 parcels, Brussels, Flanders · tallest building 28.6 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
FINANCE & COMMUNICATION
since 19892.042.523.555
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21612C0056/02N090 | Brussels | 1,483 m² | 1 · 248 m² | 28.6 m · 4 fl. |
| 22003C0216/00B005 | Flanders | 476 m² | 1 · 105 m² | 8.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
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Of 2,706 companies in sector 73200 we hold annual accounts for 1,775. 80 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded27-01-1989
Fiscal year end31-12
Activities, NACEBEL
73200Market research and public opinion polling
74131
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.