GREGOS COMMUNICATION
ActiveSummary
GREGOS COMMUNICATION has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €43,633 and a net result of €17,697. Equity is growing by ~45.4% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability81▲+5
Solvency49▲+10
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
Liquidity tight (current ratio 1.16 against 1.03 in 2023; short-term debt: 75.7% and cash: 55.7% of total assets), and 75.7% of the assets are financed with debt.
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Signals
Three 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 · 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
24.3%
Return on assets
9.8%
Age of the figures
21 mo
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 15-06-2026, 46 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
46 d early
2024
36 d early
2023
40 d early
2022
40 d early
2021
32 d early
2020
32 d early
2019
19 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 30 days before 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 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 22 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, micro schema
Equity
€43,633▲ 63.0%
2023 · €26,769
Total assets
€179,724▼ 5.7%
2023 · €190,649
Net result
€17,697▲ 50.7%
2023 · €11,741
Working capital
€22,192▲ 380%
2023 · €4,625
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: 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. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€3,437€51,660▲ 1,403%€9,574▼ 81.5%€24,136▲ 152%€32,583▲ 35.0%
Net result-€1,837below the sector's middle half▲ 93.5%€38,946within the sector's middle half€2,779within the sector's middle half▼ 92.9%€11,741within the sector's middle half▲ 323%€17,697within the sector's middle half▲ 50.7%
Equity-€25,864below the sector's middle half▼ 7.6%€13,082below the sector's middle half€15,861below the sector's middle half▲ 21.2%€26,769within the sector's middle half▲ 68.8%€43,633within the sector's middle half▲ 63.0%
Total assets€100,811within the sector's middle half▲ 4.6%€159,317within the sector's middle half▲ 58.0%€187,490within the sector's middle half▲ 17.7%€190,649within the sector's middle half▲ 1.7%€179,724within the sector's middle half▼ 5.7%
Debt€126,676▲ 5.2%€146,236▲ 15.4%€171,629▲ 17.4%€163,880▼ 4.5%€136,090▼ 17.0%
Working capital-€28,530below the sector's middle half▼ 5.3%€10,116within the sector's middle half-€8,323below the sector's middle half€4,625within the sector's middle half€22,192within the sector's middle half▲ 380%
Solvency-25.7%below the sector's middle half▼ 0.7pp8.2%below the sector's middle half▲ 33.9pp8.5%below the sector's middle half▲ 0.2pp14.0%below the sector's middle half▲ 5.6pp24.3%within the sector's middle half▲ 10.2pp
Current ratio0.77below the sector's middle half=1.07within the sector's middle half▲ 0.290.95below the sector's middle half▼ 0.121.03below the sector's middle half▲ 0.081.16within the sector's middle half▲ 0.13
Return on assets (ROA)-1.8%below the sector's middle half▲ 27.4pp24.4%above the sector's middle half▲ 26.3pp1.5%within the sector's middle half▼ 23.0pp6.2%within the sector's middle half▲ 4.7pp9.8%within the sector's middle half▲ 3.7pp
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 2022 the operating result has climbed two years in a row; 2024 is 35% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €179,724
Fixed assets
€21,441 ▼ 3.2%
Current assets
€158,283 ▼ 6.1%
Equity and liabilities €179,724
Equity
€43,633 ▲ 63.0%
Debt
€136,090 ▼ 17.0%
Debt's share of the balance-sheet total falls from 86.0% to 75.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€36,843▲
2023 · €27,769
Cash flow
€21,958▲
2023 · €15,374
Debt to equity
3.12▼
2023 · 6.12
ROE
40.6%▼
2023 · 43.9%
Interest coverage
11.19▲
2023 · 7.16
Debt ≤ 1 year
€136,090▼
2023 · €163,880
Income taxes
€11,616▲
2023 · €8,530
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,818 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 95% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.0%
went bankrupt
3.7%
stopped otherwise
95%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% 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 497,340 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% | 1.8% |
| 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 3,818 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €391 | €445 | €1,014 | €3,632 | €4,260 | ▲ 17.3% |
| Other operating charges640/8 | - | €986 | €941 | €820 | €807 | ▼ 1.7% |
| Non-recurring operating charges66A | - | €817 | €920 | €357 | €1,017 | ▲ 185% |
| Gross operating margin9900 | €13,140 | €53,908 | €12,449 | €28,946 | €38,667 | ▲ 33.6% |
| Operating profit (loss)9901 | €3,437 | €51,660 | €9,574 | €24,136 | €32,583 | ▲ 35.0% |
| Financial income75/76B | - | €21 | €275 | €12 | €22 | ▲ 76.8% |
| Recurring financial income75 | €7 | €21 | €275 | €12 | €22 | ▲ 76.8% |
| Financial charges65/66B | - | €1,141 | €990 | €3,877 | €3,292 | ▼ 15.1% |
| Recurring financial charges65 | €1,164 | €1,141 | €990 | €3,877 | €3,292 | ▼ 15.1% |
| Profit (loss) for the period before taxes9903 | €2,281 | €50,541 | €8,859 | €20,272 | €29,313 | ▲ 44.6% |
| Income taxes67/77 | €4,118 | €11,595 | €6,080 | €8,530 | €11,616 | ▲ 36.2% |
| Profit (loss) for the period9904 | -€1,837 | €38,946 | €2,779 | €11,741 | €17,697 | ▲ 50.7% |
| Profit (loss) for the period to be appropriated9905 | -€1,837 | €38,946 | €2,779 | €11,741 | €17,697 | ▲ 50.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €100,811 | €159,317 | €187,490 | €190,649 | €179,724 | ▼ 5.7% |
| Fixed assets21/28 | €2,666 | €2,966 | €24,183 | €22,144 | €21,441 | ▼ 3.2% |
| Tangible fixed assets22/27 | €616 | €1,166 | €22,383 | €20,344 | €19,641 | ▼ 3.5% |
| Plant, machinery and equipment23 | - | - | €20,238 | €17,352 | €17,653 | ▲ 1.7% |
| Furniture and vehicles24 | - | €1,166 | €2,146 | €2,992 | €1,988 | ▼ 33.6% |
| Financial fixed assets28 | €2,050 | €1,800 | €1,800 | €1,800 | €1,800 | = |
| Current assets29/58 | €98,145 | €156,352 | €163,306 | €168,505 | €158,283 | ▼ 6.1% |
| Amounts receivable within one year40/41 | €31,277 | €67,758 | €101,887 | €98,906 | €57,971 | ▼ 41.4% |
| Trade receivables40 | - | €53,851 | €79,564 | €95,166 | €44,276 | ▼ 53.5% |
| Other amounts receivable41 | - | €13,907 | €22,322 | €3,740 | €13,695 | ▲ 266% |
| Cash at bank and in hand54/58 | €64,874 | €88,507 | €61,185 | €69,391 | €100,098 | ▲ 44.3% |
| Deferred charges and accrued income490/1 | - | €86 | €235 | €207 | €214 | ▲ 3.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €100,811 | €159,317 | €187,490 | €190,649 | €179,724 | ▼ 5.7% |
| Equity10/15 | -€25,864 | €13,082 | €15,861 | €26,769 | €43,633 | ▲ 63.0% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €8,169 | €25,033 | ▲ 206% |
| Non-distributable reserves130/1 | - | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | - | - | - | - |
| Distributable reserves133 | - | - | €1,860 | €8,169 | €25,033 | ▲ 206% |
| Profit (loss) carried forward14 | -€46,324 | -€7,378 | -€4,599 | - | - | - |
| Amounts payable17/49 | €126,676 | €146,236 | €171,629 | €163,880 | €136,090 | ▼ 17.0% |
| Amounts payable within one year42/48 | €126,676 | €146,236 | €171,629 | €163,880 | €136,090 | ▼ 17.0% |
| Trade debts44 | €22,072 | €30,356 | €36,756 | €31,813 | €27,748 | ▼ 12.8% |
| Suppliers440/4 | - | €30,356 | €36,756 | €31,813 | €27,748 | ▼ 12.8% |
| Taxes, remuneration and social security45 | - | €11,176 | €11,007 | €11,239 | €11,325 | ▲ 0.8% |
| Taxes450/3 | - | €11,176 | €11,007 | €11,239 | €11,325 | ▲ 0.8% |
| Other amounts payable47/48 | - | €104,704 | €123,866 | €120,828 | €97,018 | ▼ 19.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,837 | €38,946 | €2,779 | €11,741 | €17,697 | ▲ 50.7% |
| + Depreciation and write-downs630 | €391 | €445 | €1,014 | €3,632 | €4,260 | ▲ 17.3% |
| Operating cash flow (approximation) | -€1,447 | €39,391 | €3,793 | €15,374 | €21,958 | ▲ 42.8% |
| Investment in fixed assets (approximation) | - | -€745 | -€22,232 | -€1,593 | -€3,557 | ▼ 123% |
| Change in cash | - | €23,633 | -€27,322 | €8,207 | €30,706 | ▲ 274% |
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
15-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €38,946
Net result €38,946 after 2 loss-making years.
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
19-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 19 days late
2019
31-12
Financial
Weakest financial yearnet -€28,137
Net result drops to -€28,137, the lowest in the series; recovery starts the following year.
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Gent · 1 establishment unit since 2004
Ground area
2,168 m²
Building footprint
267 m²
Volume, LiDAR
1,295 m³
Parcel 44002A0342/00N000, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
GREGOS COMMUNICATION
since 20042.135.070.166
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44002A0342/00N000 | Flanders | 2,168 m² | 1 · 267 m² | 9.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 9,851 companies in sector 73110 we hold annual accounts for 3,759. 2,976 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
Founded14-01-2004
Fiscal year end31-12
Activities, NACEBEL 2025
73110Advertising agencies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0862673062
Also
9925:BE0862673062
Registered
08-08-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.