Equity
€26.6m ▲ 1.1%
GROUPE SUDMEDIA paid out €6.0m in dividends. That is 95% of the 2025 profit.
GROUPE SUDMEDIA
Lifetime
16 annual accounts with figures on one time axis, 27 filings since 1999peak €55.3m (2009)
€44.5m▲ 2.6%
lowest -€1.3m (2011)
€6.3m▼ 8.9%
peak €26.6m (2025)
€26.6m▲ 1.1%
€15.3m▲ 0.9%
peak 261.9 FTE (2011)
184.6 FTE▼ 0.4%
Board17 names since 2008all names
10 directorsEric Germain Maurice Louis MALRAIN and 9 others
Owners4 names in the annual accounts
100%ROSSEL & Cie
Documentsfilings and deeds
08-07-202623 days before the deadline
2025financial year
Dividend €6.0mCash from €69,715 to €162,487
Key points
from the 2025 annual accountsStaff
184.6 FTE from 261.9 in 2011
Between 2011 and 2025, 30% of the full-time equivalents disappeared.
Filings
27 annual accounts since 1999
Two of the last ten came late. The 2017 accounts came latest: 71 days after the end of the period.
At the same address
21 companies
Position in the sector
€6.3m
Higher net result than 95% of companies in publishing. Sector median €24,823 · 196 companies.
Public support
€7.5m paid from 2021 to 2025
Wallonia-Brussels support, mostly Aide à la presse quotidienne écrite francophone.
Checked score
94
Excellent
Financially stronger than 60% of companies in publishing (NACE 58)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 23 companies (NACE 58, medium-sized).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025lowest value
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026highest value
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Liquidity: current ratio 1.75, cash €162,487
lowers risk
Size: turnover €44.5m, 184.6 FTE, total assets €42.1m
Equity €26.6m (63.1% of total assets)
Legal form: public limited company
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 58). It does better than 66% of them on solvency, 31% on liquidity, 91% on profitability and 53% on growth.
The bankruptcy probability was computed on 07-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 1,579 companies had the same profile as GROUPE SUDMEDIA has now. Each dot stands for 4 companies, two years later.
96.6%
were still trading
3.2%
stopped another way
0.1%
went bankrupt
That fits the bankruptcy probability of GROUPE SUDMEDIA itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,579 companies, not a prediction for GROUPE SUDMEDIA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €2,450,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.75 (1.75 in 2024), above the usual 1.5. Short-term debt is 28.5% and cash 0.4% of total assets. 36.9% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
23 days early
2024
37 days early
2023
37 days early
2022
34 days early
2021
30 days early
2020
17 days early
2019
31 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 21 days before the deadline. In the sector (NACE 58), the median for financial year 2024 was 7 days before the deadline, and 37% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
and 4 others
- ROSSEL & Cie 100%score 95equity €243.5m (2025) · 2025 annual accounts of ROSSEL & Cie
Shares in 7 companies, including EDITIONS CINE - REVUE and SOLUTION MEDIAS
Board & ownershipRecent changes
Reappointment: KPMG Réviseurs d'entreprises SRL (statutory auditor)
General meeting of 19-06-2025 · Gazette deed
New establishment in Huy
gsm, Avenue de la Croix-Rouge 3
New establishment in Tournai
gsm grand place, Grand'Place 3
Appointment: KPMG Réviseurs d'Entreprises BV/SRL (statutory auditor)
Permanent representative: Fabian Branswyk · General meeting of 15-06-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| GROUPE SUDMEDIA Namur | €44.5m | 14.0% | 63.1% | 184.6 |
| POLITICO Brussels | €47.8m | -2.2% | -6.7% | 316.8 |
| Mediahuis Partners Antwerp | - | - | 89.3% | - |
| MEDIAFIN Brussels | €93.7m | 14.7% | 18.3% | 300.3 |
| Editions de l’Avenir Presse Namur | €39.6m | -0.7% | -14.1% | 173.7 |
| THE WALL STREET JOURNAL EUROPE Brussels | €2.2m | 4.8% | 51.5% | 8.7 |
| Embuild Liège Herstal | €2.3m | - | 75.4% | 9.1 |
Grey: the largest companies of the sector (publishing (NACE 58)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as GROUPE SUDMEDIA: publishing activities (NACE 58120). They are comparable in size and age: total assets between €5.8m and €180m, founded between 1926 and 2020.
Official details
Source: KBO- Status
- Active since 18-12-1998Normal situation
- Registered office
- 22 active companies are registered at this addressSource: KBO register, as of 8 November 2026.
- Activity
- Publishing activitiesNACE 58120
- Joint committees
- 200Auxiliary committee for white-collar workers
- 130Printing, graphic arts and newspapers · annual accounts 2025
- Establishment units
- 2.089.736.2275000 Namur, since 24-12-1998
- 2.143.045.2491000 Brussels, since 24-12-1999and 8 others
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- €42.1m▲ 0.8%
- Employeeson 31-12-2025
- 191▼ 1.0%
- Filing
- Filed on 08-07-2026, 23 days before the end of the filing period
Companies linked to GROUPE SUDMEDIA
Parent and group
Subsidiaries and holdings
Insights on GROUPE SUDMEDIA
GROUPE SUDMEDIA has been active since 1998 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €26.6m and a net result of €6.3m.
Equity has been growing by about 11% per year since 2019. Its solvency ranks better than 74% of 193 sector peers (NACE 58, financial year 2025).
The computed 12-month bankruptcy probability is 0.1% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about GROUPE SUDMEDIA
- What is the company number of GROUPE SUDMEDIA?
- The company number of GROUPE SUDMEDIA is 0464.786.980. The VAT number is the same number with BE in front: BE 0464.786.980.
- Where is GROUPE SUDMEDIA based?
- The registered office is at Rue de Coquelet 134, 5000 Namur.Company details
- What does GROUPE SUDMEDIA do?
- According to the KBO register, the main activity is publishing activities (NACE 58120).
- What is the legal form of GROUPE SUDMEDIA?
- GROUPE SUDMEDIA is a public limited company (NV).
- When was GROUPE SUDMEDIA founded?
- GROUPE SUDMEDIA was founded on 18-12-1998.
- Is GROUPE SUDMEDIA still active?
- Yes, GROUPE SUDMEDIA is an active enterprise in the KBO register.
- How many employees does GROUPE SUDMEDIA have?
- GROUPE SUDMEDIA had an average of 184.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does GROUPE SUDMEDIA fall under?
- In its 2025 annual accounts, GROUPE SUDMEDIA states joint committees 200 (Auxiliary committee for white-collar workers) and 130 (Printing, graphic arts and newspapers).
- What is the turnover of GROUPE SUDMEDIA?
- The turnover of GROUPE SUDMEDIA was €44.5m in financial year 2025, according to the filed annual accounts.
- Is GROUPE SUDMEDIA profitable?
- In financial year 2025, GROUPE SUDMEDIA made a profit of €6.3m.
- Where can I find the annual accounts of GROUPE SUDMEDIA?
- GROUPE SUDMEDIA filed 27 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GROUPE SUDMEDIA due?
- GROUPE SUDMEDIA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence See whether the workforce is growing and whether people stay.Employer check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See which support similar companies received that this one did not.Subsidies
See how customers, suppliers and banks see your own company and what to improve first.