FULLTEAM ADVERTISING
ActiveFULLTEAM ADVERTISING has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-836k) and a net result of €-974k. Equity is shrinking by ~10.6% per year across the filed fiscal years. Its solvency ranks better than 6% of 709 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
28
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0▼-35
Growth32=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.46 against 0.95 in 2024; short-term debt: 174.8% and cash: 14.4% of total assets), 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 2025Solvency, return and age of the figures
Solvency
-79.8%
Return on assets
-93.1%
Age of the figures
9 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
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-836k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
29 d late
2023
30 d late
2022
31 d early
2021
32 d early
2020
30 d late
2019
6 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-974k▼ 98.3%
2024 · €-491k
2018: €207k
2019: €141k
2020: €127k
2021: €176k
2022: €92k
2023: €71k
2024: €-491k
2018 → 2025
Working capital
€-988k▼ 1,415%
2024 · €-65k
2018: €515k
2019: €537k
2020: €433k
2021: €435k
2022: €423k
2023: €395k
2024: €-65k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€467k-€559k▲ 19.7%€630k▲ 12.7%€139k▼ 78.0%€-836k
Operating result€232k-€120k▼ 48.1%€122k▲ 1.4%€-470k€-956k▼ 103%
Net result€176k-€92k▼ 47.9%€71k▼ 22.7%€-491k€-974k▼ 98.3%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €956k in 2025 against €470k 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 €1.05M
Fixed assets
€206k▼ 13.0%
Current assets
€841k▼ 27.4%
Key figures and ratios
EBITDA
€-857k▼
2024 · €-371k
Cash flow
€-876k▼
2024 · €-392k
Solvency
-79.8%▼
2024 · 9.9%
Current ratio
0.46▼
2024 · 0.95
Quick ratio
0.46▼
2024 · 0.95
Debt / equity
-2.25▼
2024 · 9.07
ROA
-93.1%▼
2024 · -35.2%
Interest coverage
-45.65▼
2024 · -17.42
Debt
€1.88M▲
2024 · €1.26M
Debt ≤ 1 year
€1.83M▲
2024 · €1.22M
Debt > 1 year
€51k▲
2024 · €30k
Staff costs
€869k▲
2024 · €734k
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€1.40M€1.05M▼
Fixed assets21/28€237k€206k▼
Intangible fixed assets21€181k€114k▼
Tangible fixed assets22/27€35k€72k▲
Furniture and vehicles24€15k€51k▲
Other tangible fixed assets26€19k€16k▼
Assets under construction and advance payments27-€5k
Financial fixed assets28€21k€20k▼
Current assets29/58€1.16M€841k▼
Amounts receivable within one year40/41€1.05M€656k▼
Trade receivables40€381k€356k▼
Other amounts receivable41€667k€300k▼
Cash at bank and in hand54/58€95k€150k▲
Deferred charges and accrued income490/1€16k€34k▲
Equity and liabilities
Total equity and liabilities10/49€1.40M€1.05M▼
Equity10/15€139k€-836k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€156k€156k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€150k€150k=
Profit (loss) carried forward14€-79k€-1.05M▼
Amounts payable17/49€1.26M€1.88M▲
Amounts payable after more than one year17€30k€51k▲
Financial debts170/4€30k€51k▲
Amounts payable within one year42/48€1.22M€1.83M▲
Current portion of amounts payable after more than one year42€350k€34k▼
Financial debts43€3k€301k▲
Credit institutions430/8€3k€301k▲
Trade debts44€395k€673k▲
Suppliers440/4€395k€673k▲
Taxes, remuneration and social security45€100k€92k▼
Taxes450/3€18k€11k▼
Remuneration and social security454/9€81k€81k▼
Other amounts payable47/48€377k€729k▲
Accrued charges and deferred income492/3€3k€2k▼
Income statement
Code20242025
Remuneration, social security and pensions62€734k€869k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€99k€98k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€365k
Other operating charges640/8€1k€1k▼
Non-recurring operating charges66A-€2k
Gross operating margin9900€365k€380k▲
Operating profit (loss)9901€-470k€-956k▼
Financial income75/76B€1€388▲
Recurring financial income75€1€388▲
Financial charges65/66B€21k€19k▼
Recurring financial charges65€21k€19k▼
Profit (loss) for the period before taxes9903€-491k€-974k▼
Profit (loss) for the period9904€-491k€-974k▼
Profit (loss) for the period to be appropriated9905€-491k€-974k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-79k€-1.05M▼
Profit (loss) brought forward from the previous period14P€412k€-79k▼
Social balance
Average headcount (FTE)908711.913.9▲
The notes to these accounts (12 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €-974k
Net result drops to €-974k, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 29 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 30 days late
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Equity above €500kEq €559k ▲19.7%
5 profitable years in a row build equity to €559k.
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 30 days late
2020
06-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 6 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 27 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 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 2020
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.
31-12-2020
Alain HUYSMANS: Resigned as Director
31-12-2020
Fabienne DE CLERCK: Resigned as Director
31-12-2020
Fabienne DE CLERCK: Resigned as Managing director
05-12-2019
Jean-Philippe DE CLERCK: Resigned as Daily management
Location & real-estate footprint
Registered office, Nivelles · 1 establishment unit since 1994
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.
Chaussée de Mons 301400 NivellesGround area
8,642 m²
Building footprint
2,353 m²
Volume, LiDAR
14,932 m³
2 parcels, Wallonia · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FULL TEAM
since 19942.068.505.204
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25066A0256/00C000 | Wallonia | 5,647 m² | 1 · 522 m² | 9.2 m · 2 fl. |
| 25099A0002/00M002 | Wallonia | 2,995 m² | 1 · 1,831 m² | 9.5 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.
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Of 9,863 companies in sector 73110 we hold annual accounts for 3,754. 2,958 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded16-09-1994
Fiscal year end31-12
Activities, NACEBEL
18130Pre-press and pre-media services
22250
73110Advertising agencies
74401
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.