GUIDO
ActiveSummary
GUIDO has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €304,418 and a net result of €18,320. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 17% of 141 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2026
Axes · tick = 2025
Profitability49▼-21
Solvency35▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16,000 at 30 days acceptable
Liquidity ample (current ratio 2.02 against 1.72 in 2025; short-term debt: 38.9% and cash: 0% of total assets), but 90.3% of the assets are financed with debt.
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Signals
Seven 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2026Solvency, return and age of the figures
Solvency
9.7%
Return on assets
0.6%
Age of the figures
6 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 141 sector peers (2026).
NBB · sector comparisonPosition among 141 sector peers
Solvency
better than 17%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2024 and did not fall compared with 2025. These amounts do not establish the cause of the change.
NBB · annual accounts 2026Equity per financial year
1920212223242526
2019 to 2026 · latest year €304,418
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 07-09-2026, 54 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
54 d early
2025
53 d early
2024
45 d early
2023
48 d early
2022
49 d early
2021
29 d late
2020
79 d early
← 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 43 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 31-03-2027 and is due by 31-10-2027. Nothing is late today. Usually files around 12 September (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-03-2027 close31-10-2027 deadline
History
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Financials · fiscal year 2026, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€18,320▼ 91.6%
2025 · €218,413
Working capital
€1.2m▲ 24.4%
2025 · €993,626
Trend over the years
Click a name to add, emphasise or remove a line.Band: 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.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20222023202420252026
Operating result€526,954€588,035▲ 11.6%€616,932▲ 4.9%€314,785▼ 49.0%€122,498▼ 61.1%
Net result€454,855above the sector's middle half€510,852above the sector's middle half▲ 12.3%€518,893above the sector's middle half▲ 1.6%€218,413above the sector's middle half▼ 57.9%€18,320▼ 91.6%
Equity-€902,060below the sector's middle half▲ 33.5%-€391,208below the sector's middle half▲ 56.6%€127,685within the sector's middle half€286,098within the sector's middle half▲ 124%€304,418▲ 6.4%
Total assets€2.8mabove the sector's middle half▲ 66.1%€3.0mabove the sector's middle half▲ 9.0%€3.3mabove the sector's middle half▲ 9.1%€3.1mabove the sector's middle half▼ 4.7%€3.1m=
Debt€3.7m▲ 21.3%€3.4m▼ 7.2%€3.1m▼ 7.3%€2.8m▼ 9.9%€2.8m▼ 0.6%
Working capital€79,116within the sector's middle half€621,775above the sector's middle half▲ 686%€945,331above the sector's middle half▲ 52.0%€993,626above the sector's middle half▲ 5.1%€1.2m▲ 24.4%
Solvency-32.7%below the sector's middle half▲ 49.1pp-13.0%below the sector's middle half▲ 19.7pp3.9%below the sector's middle half▲ 16.9pp9.2%below the sector's middle half▲ 5.3pp9.7%▲ 0.6pp
Current ratio1.05within the sector's middle half▲ 0.401.33within the sector's middle half▲ 0.281.50within the sector's middle half▲ 0.171.72within the sector's middle half▲ 0.222.02▲ 0.30
Return on assets (ROA)16.5%above the sector's middle half▲ 110.6pp17.0%above the sector's middle half▲ 0.5pp15.8%above the sector's middle half▼ 1.2pp7.0%within the sector's middle half▼ 8.8pp0.6%▼ 6.4pp
Staff (FTE)12.2above the sector's middle half▼ 2.4%13.4above the sector's middle half▲ 9.8%9.8above the sector's middle half▼ 26.9%10.4above the sector's middle half▲ 6.1%10.2▼ 1.9%
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.
Why a figure moved sharply
- 2026 Net result -92% on 2025. The accounts now follow the full schema, last year the abbreviated schema.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2026 is 61% below 2025 and is the lowest result in the available series.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €3.1m
Fixed assets
€673,487 ▼ 9.1%
Current assets
€2.5m ▲ 2.9%
Equity and liabilities €3.1m
Equity
€304,418 ▲ 6.4%
Debt
€2.8m ▼ 0.6%
Debt's share of the balance-sheet total falls from 90.8% to 90.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€314,656▼
2025 · €495,728
Cash flow
€210,478▼
2025 · €399,356
Quick ratio
1.89▲
2025 · 1.59
Debt to equity
9.26▼
2025 · 9.91
ROE
6.0%▼
2025 · 76.3%
Interest coverage
3.58▼
2025 · 5.15
Debt ≤ 1 year
€1.2m▼
2025 · €1.4m
Debt > 1 year
€1.6m▲
2025 · €1.4m
Income taxes
€18,925▲
2025 · €13,101
Staff costs
€618,038▲
2025 · €493,042
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,214 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency under 10%
- a profit under 5% of the balance sheet
1.2%
went bankrupt
2.6%
stopped otherwise
96%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 1,214 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 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €4,300 | - | €12,800 | €41,870 | - | - |
| Remuneration, social security and pensions62 | €555,911 | €685,927 | €579,822 | €493,042 | €618,038 | ▲ 25.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €271,734 | €259,908 | €257,791 | €180,943 | €192,158 | ▲ 6.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €3,971 | €12,026 | €2,333 | €13,926 | €6,327 | ▼ 54.6% |
| Other operating charges640/8 | €10,379 | €13,650 | €13,592 | €14,212 | €14,201 | ▼ 0.1% |
| Non-recurring operating charges66A | - | - | - | €203 | - | - |
| Gross operating margin9900 | €1.4m | €1.6m | €1.5m | €1.0m | €953,222 | ▼ 6.3% |
| Operating profit (loss)9901 | €526,954 | €588,035 | €616,932 | €314,785 | €122,498 | ▼ 61.1% |
| Financial income75/76B | €1,369 | €6,247 | €1,102 | €13,072 | €2,722 | ▼ 79.2% |
| Recurring financial income75 | €1,369 | €6,247 | €1,102 | €13,072 | €2,722 | ▼ 79.2% |
| Financial charges65/66B | €71,658 | €81,578 | €99,528 | €96,343 | €87,975 | ▼ 8.7% |
| Recurring financial charges65 | €71,658 | €81,578 | €99,528 | €96,343 | €87,975 | ▼ 8.7% |
| Profit (loss) for the period before taxes9903 | €456,665 | €512,704 | €518,506 | €231,514 | €37,245 | ▼ 83.9% |
| Income taxes67/77 | €1,810 | €1,852 | -€387 | €13,101 | €18,925 | ▲ 44.5% |
| Profit (loss) for the period9904 | €454,855 | €510,852 | €518,893 | €218,413 | €18,320 | ▼ 91.6% |
| Profit (loss) for the period to be appropriated9905 | €454,855 | €510,852 | €518,893 | €218,413 | €18,320 | ▼ 91.6% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.8m | €3.0m | €3.3m | €3.1m | €3.1m | = |
| Fixed assets21/28 | €1.0m | €480,497 | €441,432 | €740,751 | €673,487 | ▼ 9.1% |
| Intangible fixed assets21 | €323,834 | €176,483 | €52,459 | €37,459 | €22,459 | ▼ 40.0% |
| Tangible fixed assets22/27 | €264,996 | €292,674 | €377,533 | €691,652 | €639,388 | ▼ 7.6% |
| Plant, machinery and equipment23 | €173,512 | €221,506 | €330,996 | €442,334 | €365,875 | ▼ 17.3% |
| Furniture and vehicles24 | €70,896 | €43,514 | €26,590 | €50,973 | €42,558 | ▼ 16.5% |
| Other tangible fixed assets26 | €20,588 | €27,654 | €19,947 | €198,345 | €230,955 | ▲ 16.4% |
| Financial fixed assets28 | €411,340 | €11,340 | €11,440 | €11,640 | €11,640 | = |
| Current assets29/58 | €1.8m | €2.5m | €2.8m | €2.4m | €2.5m | ▲ 2.9% |
| Amounts receivable after more than one year29 | €130,000 | - | - | - | - | - |
| Other amounts receivable291 | €130,000 | - | - | - | - | - |
| Stocks and contracts in progress3 | €250,961 | €300,091 | €289,145 | €175,130 | €150,130 | ▼ 14.3% |
| Contracts in progress37 | €250,961 | €300,091 | €289,145 | €175,130 | €150,130 | ▼ 14.3% |
| Amounts receivable within one year40/41 | €1.2m | €1.9m | €2.1m | €1.9m | €2.1m | ▲ 9.2% |
| Trade receivables40 | €1.2m | €1.9m | €2.1m | €1.9m | €2.1m | ▲ 10.1% |
| Other amounts receivable41 | €1,789 | €10,832 | €13,578 | €17,320 | €2,332 | ▼ 86.5% |
| Cash at bank and in hand54/58 | €37,431 | €173,410 | €217,895 | €58,481 | €1,026 | ▼ 98.2% |
| Deferred charges and accrued income490/1 | €129,799 | €120,163 | €230,582 | €249,367 | €225,560 | ▼ 9.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.8m | €3.0m | €3.3m | €3.1m | €3.1m | = |
| Equity10/15 | -€902,060 | -€391,208 | €127,685 | €286,098 | €304,418 | ▲ 6.4% |
| Contributions10/11 | €100,000 | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Capital10 | €100,000 | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Issued capital100 | €100,000 | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Reserves13 | €10,000 | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Non-distributable reserves130/1 | €10,000 | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Legal reserve130 | €10,000 | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Profit (loss) carried forward14 | -€1.0m | -€501,208 | €17,685 | €176,098 | €194,418 | ▲ 10.4% |
| Amounts payable17/49 | €3.7m | €3.4m | €3.1m | €2.8m | €2.8m | ▼ 0.6% |
| Amounts payable after more than one year17 | €2.0m | €1.5m | €1.2m | €1.4m | €1.6m | ▲ 12.1% |
| Financial debts170/4 | €2.0m | €1.5m | €1.2m | €1.4m | €1.6m | ▲ 12.1% |
| Amounts payable within one year42/48 | €1.7m | €1.9m | €1.9m | €1.4m | €1.2m | ▼ 12.5% |
| Current portion of amounts payable after more than one year42 | €353,164 | €287,533 | €244,112 | €177,078 | €216,745 | ▲ 22.4% |
| Financial debts43 | €455,817 | €470,489 | €692,447 | €246,197 | €200,061 | ▼ 18.7% |
| Credit institutions430/8 | €455,817 | €470,489 | €692,447 | €246,197 | €200,061 | ▼ 18.7% |
| Trade debts44 | €758,244 | €960,042 | €809,527 | €814,768 | €599,037 | ▼ 26.5% |
| Suppliers440/4 | €758,244 | €960,042 | €809,527 | €814,768 | €599,037 | ▼ 26.5% |
| Taxes, remuneration and social security45 | €105,879 | €179,011 | €139,491 | €87,189 | €195,680 | ▲ 124% |
| Taxes450/3 | €56,068 | €118,838 | €82,833 | €42,961 | €139,194 | ▲ 224% |
| Remuneration and social security454/9 | €49,811 | €60,173 | €56,658 | €44,228 | €56,486 | ▲ 27.7% |
| Other amounts payable47/48 | €2,729 | €2,729 | €2,612 | €62,612 | €2,500 | ▼ 96.0% |
| Accrued charges and deferred income492/3 | €12,459 | €28,547 | €35,519 | €29,383 | €14,545 | ▼ 50.5% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €454,855 | €510,852 | €518,893 | €218,413 | €18,320 | ▼ 91.6% |
| + Depreciation and write-downs630 | €271,734 | €259,908 | €257,791 | €180,943 | €192,158 | ▲ 6.2% |
| Operating cash flow (approximation) | €726,589 | €770,760 | €776,684 | €399,356 | €210,478 | ▼ 47.3% |
| Investment in fixed assets (approximation) | - | €259,765 | -€218,726 | -€480,262 | -€124,894 | ▲ 74.0% |
| Change in cash | - | €135,979 | €44,485 | -€159,414 | -€57,455 | ▲ 64.0% |
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 2027, expected by
2026
07-09
NBB filing
Annual accounts filed
fiscal year 2026 · full schema
2025
08-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial
Equity above €200,000Eq €286,098 ▲124%
4 profitable years in a row build equity to €286,098.
2024
16-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
31-03
Financial
Highest result since 2019net €518,893 ▲1.6%
Operating result €616,932, net result €518,893, both a record.
31-03
Financial
Equity above €100,000Eq €127,685
3 profitable years in a row build equity to €127,685.
2023
13-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
12-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
31-03
Financial
Back to profitnet €454,855
Net result €454,855 after one loss-making year.
2021
29-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 29 days late
31-03
Financial
Weakest financial yearnet -€1.6m
Net result drops to -€1.6m, the lowest in the series; recovery starts the following year.
2020
13-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
Show earlier events
31-03
Financial
Back to profitnet €78,099
Net result €78,099 after one loss-making year.
31-03
Financial
Equity above €200,000Eq €203,498 ▲35.3%
Equity rises from €150,399 to €203,498.
2019
28-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 28 days late
2018
30-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
17-11
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 17 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
8 acts for this company are 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 · 2 establishment units since 1991
Ground area
1.3 ha
Building footprint
4,009 m²
Volume, LiDAR
33,493 m³
2 parcels, Brussels, Flanders · tallest building 20.0 m, ±3 floors. Linked by address, not a title deed.
8
companies at this address
See who is registered here
2 establishment units
GUIDO
since 19912.057.134.131
GUIDO
since 20192.297.493.302
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21018A0007/00D003 | Brussels | 1.0 ha | 1 · 4,009 m² | 20.0 m · 3 fl. |
| 44022A0607/00H000 | Flanders | 3,068 m² | - | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 ownerChain of control
- Guidoc
- GUIDO
Highest known parent: Guidoc. The sources do not say who stands above it.
Owners 1
- Guidocparent96%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 9,864 companies in sector 73110 we hold annual accounts for 3,758. 2,546 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded07-05-1991
Fiscal year end31-03
Activities, NACEBEL 2025
73110Advertising agencies
58130Publishing activities
Contact
E-invoicing
Reachable via Peppol
Peppol ID
0208:0444132811
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.