FOCUS ADVERTISING
ActiveFOCUS ADVERTISING has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €874k and a net result of €-152k. Equity is shrinking by ~6.6% per year across the filed fiscal years. Its solvency ranks better than 49% of 708 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
52
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability10▼-7
Solvency66▼-2
Growth23▼-1
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 2.43 against 2.58 in 2024; short-term debt: 38.8% and cash: 1% of total assets), but 59.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-152k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 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
24 d late
2024
28 d late
2023
27 d late
2022
31 d late
2021
47 d early
2020
30 d late
2019
81 d early
← 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€5.32M▼ 10.0%
2024 · €5.91M
2022: €7.00M
2023: €6.59M
2024: €5.91M
2022 → 2025
EBIT margin
-2.7%▼ 1.7pp
2024 · -1.0%
2022: -1.6%
2023: 1.3%
2024: -1.0%
2022 → 2025
Net result
€-152k▼ 167%
2024 · €-57k
2018: €325k
2019: €252k
2020: €21k
2021: €92k
2022: €-128k
2023: €90k
2024: €-57k
2018 → 2025
Working capital
€1.19M▼ 16.3%
2024 · €1.42M
2018: €1.71M
2019: €1.97M
2020: €1.78M
2021: €1.93M
2022: €1.38M
2023: €1.33M
2024: €1.42M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€7.00M€6.59M▼ 5.8%€5.91M▼ 10.3%€5.32M▼ 10.0%
Equity€1.62M-€993k▼ 38.7%€1.08M▲ 9.0%€1.03M▼ 5.3%€874k▼ 14.8%
Operating result€133k-€-113k€85k€-62k€-144k▼ 133%
Net result€92k-€-128k€90k€-57k€-152k▼ 167%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €144k in 2025 against €62k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.14M
Fixed assets
€118k▲ 145%
Current assets
€2.02M▼ 12.9%
Equity and liabilities €2.14M
Equity
€874k▼ 14.8%
Provisions
€3k▲ 1,910%
Debt
€1.27M▼ 6.0%
The debt ratio rises from 56.8% to 59.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-114k▼
2024 · €-23k
Cash flow
€-122k▼
2024 · €-18k
Solvency
40.8%▼
2024 · 43.2%
Current ratio
2.43▼
2024 · 2.58
Quick ratio
2.43▼
2024 · 2.58
Debt / equity
1.45▲
2024 · 1.31
ROE
-17.4%▼
2024 · -5.5%
ROA
-7.1%▼
2024 · -2.4%
Interest coverage
-6.43▼
2024 · -2.04
Debt
€1.27M▼
2024 · €1.35M
Debt ≤ 1 year
€831k▼
2024 · €900k
Income taxes
€2k▲
2024 · €1k
Staff costs
€1.34M▼
2024 · €1.52M
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€2.37M€2.14M▼
Fixed assets21/28€48k€118k▲
Tangible fixed assets22/27€47k€118k▲
Plant, machinery and equipment23€36k€85k▲
Furniture and vehicles24€5k€32k▲
Other tangible fixed assets26€7k-
Financial fixed assets28€796€796=
Current assets29/58€2.32M€2.02M▼
Amounts receivable within one year40/41€2.25M€1.98M▼
Trade receivables40€1.53M€1.47M▼
Other amounts receivable41€720k€513k▼
Cash at bank and in hand54/58€37k€22k▼
Deferred charges and accrued income490/1€38k€23k▼
Equity and liabilities
Total equity and liabilities10/49€2.37M€2.14M▼
Equity10/15€1.03M€874k▼
Contributions10/11€124k€124k=
Capital10€124k€124k=
Issued capital100€124k€124k=
Reserves13€902k€750k▼
Non-distributable reserves130/1€12k€12k=
Legal reserve130€12k€12k=
Distributable reserves133€890k€738k▼
Provisions and deferred taxes16€133€3k▲
Provisions for liabilities and charges160/5€133€3k▲
Pensions and similar obligations160€133€3k▲
Amounts payable17/49€1.35M€1.27M▼
Amounts payable within one year42/48€900k€831k▼
Trade debts44€656k€645k▼
Suppliers440/4€656k€645k▼
Taxes, remuneration and social security45€244k€186k▼
Taxes450/3€86k€53k▼
Remuneration and social security454/9€158k€133k▼
Accrued charges and deferred income492/3€446k€434k▼
Income statement
Code20242025
Turnover70€5.91M€5.32M▼
Non-recurring operating income76A-€8k
Goods, raw materials, services and sundry goods60/61€4.43M€4.11M▼
Remuneration, social security and pensions62€1.52M€1.34M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€39k€30k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€133€3k▲
Other operating charges640/8€5k€5k▲
Non-recurring operating charges66A-€174
Gross operating margin9900€1.50M€1.24M▼
Operating profit (loss)9901€-62k€-144k▼
Financial income75/76B€17k€12k▼
Recurring financial income75€16k€12k▼
Non-recurring financial income76B€1k-
Financial charges65/66B€11k€18k▲
Recurring financial charges65€11k€18k▲
Profit (loss) for the period before taxes9903€-55k€-150k▼
Income taxes67/77€1k€2k▲
Profit (loss) for the period9904€-57k€-152k▼
Profit (loss) for the period to be appropriated9905€-57k€-152k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-52k€-152k▼
Profit (loss) brought forward from the previous period14P€5k-
Transfer from equity791/2€52k€152k▲
Social balance
Average headcount (FTE)908716.815.3▼
The notes to these accounts (11 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
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 24 days late
2025
31-12
Financial
Weakest financial yearnet €-152k
Net result drops to €-152k, the lowest in the series.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 27 days late
2023
31-12
Financial
Back to profitnet €90k
Net result €90k after one loss-making year.
31-12
Financial
Equity above €1MEq €1.08M ▲9%
Equity rises from €993k to €1.08M.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
14-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
11-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
20-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
07-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
18-05
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
no sitting director, no change since 2025
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.
26-11-2025
Antony Slabinck: Resigned as Director
26-11-2025
Cronos aan de Leie NV: Resigned as Director
31-12-2023
KOO NV: Resigned as Director
09-10-2022
Max Consulting BV: Resigned as Director
09-10-2022
Max Consulting BV: Resigned as Managing director
09-10-2020
Max Consulting BV: Resigned as Managing director
09-10-2020
Anthony Slabinck: Resigned as Director
09-10-2020
Millcom BV: Resigned as Director
14-09-2018
Herman KONINGS: Resigned as Director
01-10-2017
Nancy Geeroms: Resigned as Director
Location & real-estate footprint
Registered office, Kortrijk · 1 establishment unit since 1983
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.
Lucky Lukestraat(Kor) 68500 KortrijkGround area
1,463 m²
Building footprint
1,188 m²
Volume, LiDAR
542 m³
2 parcels, Flanders · tallest building 9.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
FOCUS ADVERTISING
since 19832.022.909.660
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34352F0358/00L002 | Flanders | 1,143 m² | 1 · 1,088 m² | - |
| 34016A0687/00S006 | Flanders | 320 m² | 1 · 100 m² | 9.9 m · 1 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.
Statutory auditor
1 auditor| KPMG Bedrijfsrevisoren CVBA Statutory auditor · represented by Filip De Bock | - → 01-01-2023 |
Structure & network
Connections & network
4 connected companiesNetwork connections
Shared address
→
Shared address
→
Shared address
→
Shared address
→
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 3,900 EUR awarded · 3,900 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 3,900 EUR | 3,900 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 9,857 companies in sector 73110 we hold annual accounts for 3,754. 1,689 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded14-09-1983
Fiscal year end31-12
Activities, NACEBEL
73110Advertising agencies
74401
Sources
Crossroads Bank for EnterprisesNational Bank · 42 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.