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Ketchum

Active
Public limited companyfounded 199035 yrs activeScheldestraat 122, 1080 Sint-Jans-Molenbeek, BelgiumKBO/BCE: BE 0441.615.660
Summary

Ketchum has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €3.0m and a net result of €10,245. Equity is growing by ~6.4% per year across the filed fiscal years. Its solvency ranks better than 76% of 8113 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability19▲+2
Solvency100▲+34
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €230,000 at 30 days acceptable
Liquidity ample (current ratio 6.8 against 8.42 in 2023; short-term debt: 14.4% and cash: 62.1% of total assets), and 19.4% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 35 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
80.6%
Return on assets
0.3%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-09-2025, 55 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 filings
Deviation from the deadline
2025
not confirmed
2024
55 d late
2023
29 d late
2022
179 d late
2021
163 d late
2020
124 d late
2019
62 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 102 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Ketchum was incorporated on 11 October 1990.1 In 2016 the capital was increased by EUR 16 million to EUR 16 million.2 The registered office was moved to Brussel in 2018.3 In 2021 the company absorbed Ketchum nv and KETCHUM by merger.45 The board currently has 4 members; David Scott has served longest, since 2022.6 Total assets fell from EUR 7.9 million in 2021 to EUR 3.7 million in 2024 and headcount from 20 to 13.3 full-time equivalents.7

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 18-01-2016
  3. 3Belgian State Gazette, 19-03-2018
  4. 4Belgian State Gazette, 03-01-2023
  5. 5Belgian State Gazette, 27-09-2021
  6. 6Belgian State Gazette, 14-02-2023
  7. 7National Bank, annual accounts 2021 and 2024

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Financials · fiscal year 2024, abbreviated schema

Turnover
€5.1m
EBIT margin
10.7%
Net result
€10,245
2023 · -€87,609
Working capital
€3.1m▼ 51.4%
2023 · €6.4m
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy 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
Line20202021202220232024
Turnover
Operating result-€36,530€477,171€111,053▼ 76.7%-€45,156-€30,384▲ 32.7%
Net result-€102,209below the sector's middle half€547,919above the sector's middle half€121,903within the sector's middle half▼ 77.8%-€87,609below the sector's middle half€10,245within the sector's middle half
EBIT margin
Equity€2.4mabove the sector's middle half▼ 4.1%€2.9mabove the sector's middle half▲ 22.9%€3.1mabove the sector's middle half▲ 4.1%€3.0mabove the sector's middle half▼ 2.9%€3.0mabove the sector's middle half▲ 0.3%
Total assets€6.7mabove the sector's middle half▲ 9.1%€7.9mabove the sector's middle half▲ 18.7%€8.5mabove the sector's middle half▲ 7.8%€7.3mabove the sector's middle half▼ 14.2%€3.7mabove the sector's middle half▼ 49.3%
Debt€4.3m▲ 18.2%€5.0m▲ 16.4%€5.5m▲ 9.9%€4.3m▼ 20.6%€717,920▼ 83.4%
Working capital€3.9mabove the sector's middle half▲ 11.8%€6.4mabove the sector's middle half▲ 65.3%€7.0mabove the sector's middle half▲ 9.4%€6.4mabove the sector's middle half▼ 9.2%€3.1mabove the sector's middle half▼ 51.4%
Solvency35.9%within the sector's middle half▼ 4.9pp37.2%within the sector's middle half▲ 1.3pp36.0%within the sector's middle half▼ 1.2pp40.7%within the sector's middle half▲ 4.8pp80.6%above the sector's middle half▲ 39.9pp
Current ratio5.96above the sector's middle half▼ 0.315.56above the sector's middle half▼ 0.406.01above the sector's middle half▲ 0.458.42above the sector's middle half▲ 2.426.80above the sector's middle half▼ 1.63
Return on assets (ROA)-1.5%below the sector's middle half▼ 42.5pp6.9%within the sector's middle half▲ 8.5pp1.4%within the sector's middle half▼ 5.5pp-1.2%below the sector's middle half▼ 2.6pp0.3%below the sector's middle half▲ 1.5pp
Staff (FTE)11.1above the sector's middle half▼ 5.9%20above the sector's middle half▲ 80.2%19above the sector's middle half▼ 5.0%17.6above the sector's middle half▼ 7.4%13.3above the sector's middle half▼ 24.4%
above within below the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
  • 2022 Net result -78% on 2021. Merger absorbing Ketchum nv, effective 01-09-2021, in the previous fiscal year; now counts for a full year for the first time. Merger absorbing KETCHUM, effective 01-09-2021, in the previous fiscal year; now counts for a full year for the first time.
  • 2021 Staff (FTE) +80% on 2020. Merger absorbing Ketchum nv, effective 01-09-2021. Merger absorbing KETCHUM, effective 01-09-2021.
Result per fiscal year
Operating resultNet result
-€200,000€0€200,000€400,000€600,000Operating result 2020: -€36,530-€36,530Net result 2020: -€102,209-€102,209Operating result 2021: €477,171€477,171Net result 2021: €547,919€547,919Operating result 2022: €111,053€111,053Net result 2022: €121,903€121,903Operating result 2023: -€45,156-€45,156Net result 2023: -€87,609-€87,609Operating result 2024: -€30,384-€30,384Net result 2024: €10,245€10,24520202021202220232024-€100,000€0€100,000Operating result 2022: €111,053€111,000Net result 2022: €121,903€122,000Operating result 2023: -€45,156-€45,200Net result 2023: -€87,609-€87,600Operating result 2024: -€30,384-€30,400Net result 2024: €10,245€10,200202220232024
The operating result stays negative: a loss of €30,384 in 2024 against €45,156 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €3.7m
Fixed assets €68,580 ▼ 9.4%
Current assets €3.6m ▼ 49.7%
Equity and liabilities €3.7m
Equity €3.0m ▲ 0.3%
Debt €717,920 ▼ 83.4%
Debt's share of the balance-sheet total falls from 59.3% to 19.4%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
-€9,674▲
2023 · -€11,704
Cash flow
€30,955▲
2023 · -€54,156
Quick ratio
6.77▼
2023 · 8.41
Debt to equity
0.24▼
2023 · 1.46
ROE
0.3%▲
2023 · -2.9%
Interest coverage
-0.20▼
2023 · -0.09
Debt ≤ 1 year
€535,106▼
2023 · €859,021
Debt > 1 year
€17,962▼
2023 · €3.1m
Income taxes
€3,117▲
2023 · €1,152
Staff costs
€1.2m▼
2023 · €1.4m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 14,733 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.2% went bankrupt
3.5% 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 0.2% 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%.

The companies in ten equal groups, from lowest to highest expected share.
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 14,733 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 53 lines
Balance sheet Code20232024
Assets
Total assets20/58€7.3m€3.7m▼
Fixed assets21/28€75,704€68,580▼
Tangible fixed assets22/27€40,575€33,381▼
Furniture and vehicles24€6,309€3,444▼
Leasing and similar rights25€34,266€29,937▼
Financial fixed assets28€35,128€35,199▲
Current assets29/58€7.2m€3.6m▼
Stocks and contracts in progress3€13,302€12,095▼
Contracts in progress37€13,302€12,095▼
Amounts receivable within one year40/41€1.3m€1.3m▼
Trade receivables40€1.1m€935,215▼
Other amounts receivable41€249,775€318,430▲
Cash at bank and in hand54/58€5.8m€2.3m▼
Deferred charges and accrued income490/1€42,756€70,752▲
Equity and liabilities
Total equity and liabilities10/49€7.3m€3.7m▼
Equity10/15€3.0m€3.0m▲
Contributions10/11€2.5m€2.5m=
Capital10€2.5m€2.5m=
Issued capital100€2.5m€2.5m=
Reserves13€12,300€12,812▲
Non-distributable reserves130/1€12,300€12,812▲
Legal reserve130€12,300€12,812▲
Profit (loss) carried forward14€464,632€474,365▲
Amounts payable17/49€4.3m€717,920▼
Amounts payable after more than one year17€3.1m€17,962▼
Financial debts170/4€3.1m€17,962▼
Amounts payable within one year42/48€859,021€535,106▼
Current portion of amounts payable after more than one year42€13,351€14,686▲
Trade debts44€685,433€412,685▼
Suppliers440/4€685,433€412,685▼
Taxes, remuneration and social security45€160,237€107,734▼
Taxes450/3€1,079€1,079=
Remuneration and social security454/9€159,158€106,655▼
Accrued charges and deferred income492/3€347,170€164,853▼
Income statement Code20232024
Remuneration, social security and pensions62€1.4m€1.2m▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33,453€20,710▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€48,094
Other operating charges640/8€16,714€7,234▼
Gross operating margin9900€1.4m€1.3m▼
Operating profit (loss)9901-€45,156-€30,384▲
Financial income75/76B€93,203€92,003▼
Recurring financial income75€93,203€92,003▼
Financial charges65/66B€134,504€48,257▼
Recurring financial charges65€134,504€48,257▼
Profit (loss) for the period before taxes9903-€86,457€13,362▲
Income taxes67/77€1,152€3,117▲
Profit (loss) for the period9904-€87,609€10,245▲
Profit (loss) for the period to be appropriated9905-€87,609€10,245▲
Appropriation of the result
Profit (loss) to be appropriated9906€464,632€474,877▲
Profit (loss) brought forward from the previous period14P€552,242€464,632▼
Transfer to equity691/2-€512
To the legal reserve6920-€512
Social balance
Average headcount (FTE)908717.613.3▼

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Remuneration, social security and pensions62-€1.2m€1.5m€1.4m€1.2m▼ 11.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€35,459€46,958€39,755€33,453€20,710▼ 38.1%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4---€3,415-€48,094-
Other operating charges640/8-€9,733€17,902€16,714€7,234▼ 56.7%
Gross operating margin9900€1.0m€1.7m€1.7m€1.4m€1.3m▼ 8.8%
Operating profit (loss)9901-€36,530€477,171€111,053-€45,156-€30,384▲ 32.7%
Financial income75/76B-€163,871€67,480€93,203€92,003▼ 1.3%
Recurring financial income75€7,013€1,058€67,480€93,203€92,003▼ 1.3%
Non-recurring financial income76B-€162,812----
Financial charges65/66B-€80,505€72,411€134,504€48,257▼ 64.1%
Recurring financial charges65€71,944€80,505€72,411€134,504€48,257▼ 64.1%
Profit (loss) for the period before taxes9903-€101,460€560,537€106,122-€86,457€13,362▲ 115%
Income taxes67/77€749€12,618-€15,781€1,152€3,117▲ 171%
Profit (loss) for the period9904-€102,209€547,919€121,903-€87,609€10,245▲ 112%
Profit (loss) for the period to be appropriated9905-€102,209€547,919€121,903-€87,609€10,245▲ 112%
Line20202021202220232024Change
Assets
Total assets20/58€6.7m€7.9m€8.5m€7.3m€3.7m▼ 49.3%
Fixed assets21/28€2.0m€76,836€94,994€75,704€68,580▼ 9.4%
Tangible fixed assets22/27€80,048€38,150€55,588€40,575€33,381▼ 17.7%
Plant, machinery and equipment23-€1,463----
Furniture and vehicles24-€12,039€9,174€6,309€3,444▼ 45.4%
Leasing and similar rights25-€0€36,163€34,266€29,937▼ 12.6%
Other tangible fixed assets26-€24,648€10,250---
Financial fixed assets28€1.9m€38,686€39,406€35,128€35,199▲ 0.2%
Current assets29/58€4.7m€7.8m€8.4m€7.2m€3.6m▼ 49.7%
Stocks and contracts in progress3-€1,602€4,878€13,302€12,095▼ 9.1%
Contracts in progress37-€1,602€4,878€13,302€12,095▼ 9.1%
Amounts receivable within one year40/41€1.3m€2.1m€2.2m€1.3m€1.3m▼ 7.1%
Trade receivables40-€2.1m€2.1m€1.1m€935,215▼ 15.0%
Other amounts receivable41-€35,241€60,596€249,775€318,430▲ 27.5%
Cash at bank and in hand54/58€3.4m€5.6m€6.2m€5.8m€2.3m▼ 60.5%
Deferred charges and accrued income490/1-€79,884€60,664€42,756€70,752▲ 65.5%
Equity and liabilities
Total equity and liabilities10/49€6.7m€7.9m€8.5m€7.3m€3.7m▼ 49.3%
Equity10/15€2.4m€2.9m€3.1m€3.0m€3.0m▲ 0.3%
Contributions10/11€15.6m€2.5m€2.5m€2.5m€2.5m=
Capital10-€2.5m€2.5m€2.5m€2.5m=
Issued capital100-€2.5m€2.5m€2.5m€2.5m=
Reserves13€6,200€6,200€12,300€12,300€12,812▲ 4.2%
Non-distributable reserves130/1-€6,200€12,300€12,300€12,812▲ 4.2%
Legal reserve130-€6,200€12,300€12,300€12,812▲ 4.2%
Profit (loss) carried forward14-€13.2m€436,438€552,242€464,632€474,365▲ 2.1%
Amounts payable17/49€4.3m€5.0m€5.5m€4.3m€717,920▼ 83.4%
Amounts payable after more than one year17€2.9m€3.0m€3.0m€3.1m€17,962▼ 99.4%
Financial debts170/4-€3.0m€3.0m€3.1m€17,962▼ 99.4%
Amounts payable within one year42/48€783,697€1.4m€1.4m€859,021€535,106▼ 37.7%
Current portion of amounts payable after more than one year42-€18,692€17,947€13,351€14,686▲ 10.0%
Trade debts44€669,980€1.2m€1.1m€685,433€412,685▼ 39.8%
Suppliers440/4-€1.2m€1.1m€685,433€412,685▼ 39.8%
Taxes, remuneration and social security45-€172,326€327,625€160,237€107,734▼ 32.8%
Taxes450/3-€1,079€1,079€1,079€1,079=
Remuneration and social security454/9-€171,247€326,546€159,158€106,655▼ 33.0%
Accrued charges and deferred income492/3-€587,477€1.1m€347,170€164,853▼ 52.5%
Line20202021202220232024Change
Profit (loss) for the period9904-€102,209€547,919€121,903-€87,609€10,245▲ 112%
+ Depreciation and write-downs630€35,459€46,958€39,755€33,453€20,710▼ 38.1%
Operating cash flow (approximation)-€66,751€594,877€161,659-€54,156€30,955▲ 157%
Investment in fixed assets (approximation)-€1.9m-€57,913-€14,162-€13,586▲ 4.1%
Change in cash-€2.2m€541,824-€344,573-€3.5m▼ 924%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
27-01
State Gazette act Appointments: KPMG Bedrijfsrevisoren BV/SRL, Kris Govaerts and Omnicom Advertising Group Belgium (OAG Belgium NV)
Permanent representatives: Steven Veyt and Marcus van Diepen · Resignations: Oliver Welz, John M.W. Betts and Geert Van Coppenholle · Mandate compensation10 facts ▸
  • General meeting, 22-12-2025
  • Auditor appointment, KPMG Bedrijfsrevisoren BV/SRL (statutory auditor)
  • Permanent representative, Steven Veyt (permanent representative)
  • Mandate compensation, KPMG Bedrijfsrevisoren BV/SRL
  • Director resignation, Oliver Welz (director)
  • Director resignation, John M.W. Betts (director)
  • Director resignation, Geert Van Coppenholle (wettelijk vertegenwoordiger)
  • Director appointment, Kris Govaerts (director)
  • Director appointment, Omnicom Advertising Group Belgium (OAG Belgium NV) (director)
  • Permanent representative, Marcus van Diepen (representative)
2025
25-11
State Gazette act Appointment: Geert Van Coppenholle (wettelijk vertegenwoordiger)
2 facts ▸
  • General meeting, 06-08-2025
  • Director appointment, Geert Van Coppenholle (wettelijk vertegenwoordiger)
12-11
State Gazette act Resignation: Praize bv (director)
2 facts ▸
  • General meeting, 28-03-2025
  • Director resignation, Praize bv (director)
24-09
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 55 days late
07-02
State Gazette act Resignations: Scott David James (director) and Mark Hume (director)
3 facts ▸
  • General meeting, 31-12-2023
  • Director resignation, Scott David James (director)
  • Director resignation, Mark Hume (director)
2024
31-12
Financial Back to profitnet €10,245
Net result €10,245 after one loss-making year.
29-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
24-07
State Gazette act Resignation: Prometheus Public Affairs BV (director)
2 facts ▸
  • General meeting, 23-11-2023
  • Director resignation, Prometheus Public Affairs BV (director)
26-01
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 179 days late
2023
14-02
State Gazette act Resignations: Luc Michiels (director and managing director) and Deloitte Bedrijfsrevisore (statutory auditor)
Appointments: Praize bv, Prometheus Public Affairs bv and 4 others · Permanent representatives: Jeroen Fermie and Jessica Brobald · Approval15 facts ▸
  • General meeting, 04-04-2023
  • Approval
  • Approval, resultaatsverdeling, 548000
  • Director resignation, Luc Michiels (director and managing director)
  • Director discharge, Luc Michiels
  • Director appointment, Praize bv (director)
  • Permanent representative, Jeroen Fermie
  • Director appointment, Prometheus Public Affairs bv (director)
  • Permanent representative, Jessica Brobald
  • Director appointment, Jo-ann Robertson (director)
  • Director appointment, David Scott (director)
  • Director appointment, Oliver Welz (director)
  • +3 further facts in this act
10-01
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 163 days late
03-01
State Gazette act Resignations & appointments
Appointment: Mark Hume (director) · Approval · Director discharge6 facts ▸
  • General meeting, 26/11/2021
  • Approval, 26/11/2021
  • Approval, 26/11/2021
  • Director appointment, Mark Hume (director)
  • Director discharge, KETCHUM
  • Merger, 01/09/2021
Show earlier events
2022
20-12
State Gazette act Resignations: Eugenius bv (bestuurder en afgevaardigd bestuurder) and Patrick Resk (director)
Director discharge5 facts ▸
  • General meeting, 18/10/2021
  • Director resignation, Eugenius bv (bestuurder en afgevaardigd bestuurder)
  • Director discharge, Eugenius bv
  • Director resignation, Patrick Resk (director)
  • Director discharge, Patrick Resk
2021
31-12
Financial Back to profitnet €547,919
Net result €547,919 after one loss-making year.
02-12
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 124 days late
27-09
State Gazette act Capital & shares · Restructuring
Merger · Accounting effect · Capital decrease7 facts ▸
  • General meeting, 01-09-2021
  • Merger, verrichting gelijkgesteld met fusie door overneming, 01-09-2021
  • Accounting effect, 01-01-2021
  • Capital decrease, €13.062.000
  • Name change, Ketchum
  • Statutes amendment
  • Capital, €2.500.000
22-01
State Gazette act Restructuring
Merger · Accounting effect · Shareholding4 facts ▸
  • Board meeting, 10-11-2020
  • Merger, absorption
  • Accounting effect, 01-01-2021
  • Shareholding, 100%
2020
31-12
Financial Weakest financial yearnet -€102,209
Net result drops to -€102,209, the lowest in the series; recovery starts the following year.
01-10
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 62 days late
22-07
State Gazette act Resignations: HELIADE COMM. V. (member of the executive committee) and INGE BOETS (gedelegeerd bestuurder en voorzitter van het directiecomité)
Reappointments: JOHN WILLIAM BETTS (director) and PATRICK RESK (director) · Appointment: LUC MICHIELS (managing director) · Director discharge9 facts ▸
  • Director resignation, HELIADE COMM. V. (member of the executive committee)
  • General meeting, 10-01-2020
  • Director reappointment, JOHN WILLIAM BETTS (director)
  • Director reappointment, PATRICK RESK (director)
  • Board meeting, 22-04-2020
  • Director resignation, INGE BOETS (gedelegeerd bestuurder en voorzitter van het directiecomité)
  • Director appointment, LUC MICHIELS (managing director)
  • General meeting, 22-04-2020
  • Director discharge, INGE BOETS (director)
12-02
State Gazette act Appointment: Deloitte Bedrijfsrevisoren (B025) (statutory auditor)
Permanent representative: Luc Van Coppenolle3 facts ▸
  • General meeting, 15-11-2019
  • Auditor appointment, Deloitte Bedrijfsrevisoren (B025) (statutory auditor)
  • Permanent representative, Luc Van Coppenolle
21-01
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 174 days late
21-01
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 539 days late
2019
31-12
Financial Highest result since 2018net €2.5m ▲503%
Operating result €544,411, net result €2.5m, both a record.
31-12
Financial Liquidity quadruplescurrent ratio 6.27
Current ratio from 1.55 to 6.27; short-term debt falls from €5.6m to €659,525.
31-12
Financial Equity above €2mEq €2.5m
2 profitable years in a row build equity to €2.5m.
24-06
State Gazette act Resignation: Peter Trueman (director)
Reappointment: Luc Michiels (director) · Director discharge4 facts ▸
  • General meeting, 03-01-2019
  • Director resignation, Peter Trueman (director)
  • Director discharge, Peter Trueman
  • Director reappointment, Luc Michiels (director)
2018
19-03
State Gazette act Registered office
Registered-office move2 facts ▸
  • Board meeting, 17-12-2017
  • Registered-office move, Scheldestraat 122-1080 Brussel
2017
17-11
State Gazette act Reappointment: KPMG Bedrijfsrevisoren CVBA (statutory auditor)
Appointment: Luc Michiels (director) · Permanent representative: Patrick De Schutter7 facts ▸
  • General meeting, 20-08-2013
  • Auditor reappointment, KPMG Bedrijfsrevisoren CVBA
  • Director appointment, Luc Michiels (director)
  • General meeting, 28-08-2016
  • Auditor reappointment, KPMG Bedrijfsrevisoren CVBA
  • Board meeting, 30-11-2016
  • Permanent representative, Patrick De Schutter
31-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 31 days late
2016
28-09
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 59 days late
18-01
State Gazette act Resignations: Michael Ramah (director) and Sally Ward (director)
Capital increase · Bank account · Capital7 facts ▸
  • General meeting, 23-12-2015
  • Capital increase, €15.500.000
  • Bank account, BE12 0017 7561 3692
  • Capital, €15.562.000
  • Statutes amendment
  • Director resignation, Michael Ramah (director)
  • Director resignation, Sally Ward (director)
2014
28-10
State Gazette act Resignation: Cursor NV (bestuurder en managing director)
Appointment: Inge Boets (bestuurder en managing director) · Permanent representative: Luc Missinne7 facts ▸
  • General meeting, 14-08-2014
  • Director resignation, Cursor NV (bestuurder en managing director)
  • Director appointment, Inge Boets (bestuurder en managing director)
  • Board meeting, 14-08-2014
  • Director resignation, Cursor NV (managing director)
  • Director appointment, Inge Boets (managing director)
  • Permanent representative, Luc Missinne
07-02
State Gazette act Appointments: Patrick Resk, Sally Naomi Fiona Ward and 2 others
Mandate compensation9 facts ▸
  • General meeting, 10-01-2014
  • Director appointment, Patrick Resk (director)
  • Director appointment, Sally Naomi Fiona Ward (director)
  • Director appointment, Peter Douglas Trueman (director)
  • Director appointment, John Martin William Betts (director)
  • Mandate compensation, Patrick Resk
  • Mandate compensation, Sally Naomi Fiona Ward
  • Mandate compensation, Peter Douglas Trueman
  • Mandate compensation, John Martin William Betts
2012
11-12
State Gazette act Resignations: Gary Stockman (director) and Castelli BVBA (director)
Appointment: Michael Ramah (director)4 facts ▸
  • General meeting, 14-08-2012
  • Director resignation, Gary Stockman (director)
  • Director appointment, Michael Ramah (director)
  • Director resignation, Castelli BVBA (director)
2011
22-04
State Gazette act Reappointment: KPMG Bedrijfsrevisoren (statutory auditor)
3 facts ▸
  • General meeting, 17-02-2011
  • Auditor reappointment, KPMG Bedrijfsrevisoren
  • Auditor reappointment, KPMG Bedrijfsrevisoren
2010
04-05
State Gazette act Resignation: Casteleyn Dimitri (director)
Appointment: Stockman Gary (director)3 facts ▸
  • General meeting, 29-12-2009
  • Director resignation, Casteleyn Dimitri (director)
  • Director appointment, Stockman Gary (director)
2005
30-03
State Gazette act Appointment: CVBA Klynveld Peat Marwick Goerdeler Bedrijfsrevisioren (statutory auditor)
Mandate compensation3 facts ▸
  • General meeting, 21-09-2004
  • Auditor appointment, CVBA Klynveld Peat Marwick Goerdeler Bedrijfsrevisioren
  • Mandate compensation, CVBA Klynveld Peat Marwick Goerdeler Bedrijfsrevisioren
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
22 of 22 acts read

Directors · office · real estate

Directors
4 directors, no change since 2025

Board 4

David Scott
Director · since 24-12-2022
Current
Jo-ann Robertson
Director · since 24-12-2022
Current
Kris Govaerts
Director · since 23-12-2025
Current
Omnicom Advertising Group Belgium (OAG Belgium NV)
Director · since 23-12-2025 · Legal entity · perm. rep.: Marcus van Diepen
Current
4 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
John Martin William Betts
Director · since 10-01-2014
Not recently confirmed
Peter Douglas Trueman
Director · since 10-01-2014
Not recently confirmed
Sally Naomi Fiona Ward
Director · since 10-01-2014
Not recently confirmed
JOHN WILLIAM BETTS
Director · since 10-01-2020
Not recently confirmed

Permanent representatives 1

Marcus van Diepen
Permanent representative · since 23-12-2025 · for Omnicom Advertising Group Belgium (OAG Belgium NV)
Current

Statutory auditor 1

Mazars Bedrijfsrevisoeren
Statutory auditor · since 04-04-2023
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Sint-Jans-Molenbeek · 1 establishment unit since 1990
seat establishment The establishment unit on the map
Ground area
2,644 m²
Building footprint
808 m²
Volume, LiDAR
8,780 m³
Parcel 21012F0341/00A003, Brussels · tallest building 14.7 m, ±4 floors. Linked by address, not a title deed.
7 companies at this address See who is registered here
1 establishment unit
Porter Novelli Brussels
Scheldestraat 122, 1080 Sint-Jans-MolenbeekNACE 65231
since 19902.050.063.326
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21012F0341/00A003
ProtectedMonumentVoormalige opslagplaats en winkel BesseSource ↗
Brussels 2,643 m² 1 · 808 m² 14.7 m · 4 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.

Mandate history

31 people since 2004, 9 in office
Show
  • Board
  • Day-to-day management
  • Statutory auditor
  • Other function
  • not recently confirmed
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
David Scott
  • Director, from 24-12-2022 to date
Jo-ann Robertson
  • Director, from 24-12-2022 to date
Kris Govaerts
  • Director, from 23-12-2025 to date
Omnicom Advertising Group Belgium (OAG Belgium NV)
  • Director, from 23-12-2025 to date
Mazars Bedrijfsrevisoeren
  • Statutory auditor, from 04-04-2023 to date
John Martin William Betts
  • Director, from 10-01-2014 not ended, last confirmed 07-02-2014
Peter Douglas Trueman
  • Director, from 10-01-2014 not ended, last confirmed 07-02-2014
Sally Naomi Fiona Ward
  • Director, from 10-01-2014 not ended, last confirmed 07-02-2014
JOHN WILLIAM BETTS
  • Director, already before 10-01-2020 not ended, last confirmed 22-07-2020
John M.W. Betts
  • Director, until 23-12-2025
Oliver Welz
  • Director, from 24-12-2022 to 23-12-2025
VAN COPPENHOLLE Geert Albert Leona
  • Wettelijk vertegenwoordiger, from 06-08-2025 to 23-12-2025
PRAIZE
  • Director, from 24-12-2022 to 28-03-2025
Scott David James
  • Director, until 01-06-2024
Mark Hume
  • Director, from 01-09-2021 to 01-05-2024
PROMETHEUS PUBLIC AFFAIRS
  • Director, from 24-12-2022 to 17-04-2023
Deloitte Bedrijfsrevisoren (B025)
  • Statutory auditor, from 15-11-2019 to 04-04-2023
Luc Michiels
  • Director, from 20-08-2013 to 24-12-2022
  • Managing director, from 22-04-2020 to 24-12-2022
EUGENIUS
  • Bestuurder en afgevaardigd bestuurder, until 16-09-2021
  • Bestuurder en afgevaardigd bestuurder, until 16-09-2021
Patrick Resk
  • Director, from 10-01-2014 to 01-09-2021
INGE BOETS
  • Bestuurder en managing director, from 01-03-2014 ended, last mentioned 28-10-2014
  • Bestuurder en managing director, from 01-03-2014 to 22-04-2020
KPMG Bedrijfsrevisoren BV/SRL
  • Statutory auditor, from 17-02-2011 to 15-11-2019
Peter Trueman
  • Director, until 31-12-2018
Michael Ramah
  • Director, from 01-08-2012 to 23-12-2015
Sally Ward
  • Director, until 23-12-2015
Cursor NV
  • Bestuurder en managing director, until 28-02-2014
  • Bestuurder en managing director, until 28-02-2014
  • Managing director, until 28-02-2014
HELIADE COMM. V.
  • Member of the executive committee, until 30-09-2013
Stockman Gary
  • Director, from 29-12-2009 to 31-07-2012
CVBA Klynveld Peat Marwick Goerdeler Bedrijfsrevisioren
  • Auditor, from 21-09-2004 to 17-02-2011
Castelli BVBA
  • Director, until 01-01-2010
Casteleyn Dimitri
  • Director, until 29-12-2009
See the board, name and seat on a given date →

Articles of association

Purpose
Alle advies- en managementactiviteiten inzake Corporate Communicatie...; alle uitvoeringsactiviteiten inzake Corporate Communicatie; alle opleidingsactiviteiten inzake Corporate…
Full purpose

Alle advies- en managementactiviteiten inzake Corporate Communicatie...; alle uitvoeringsactiviteiten inzake Corporate Communicatie; alle opleidingsactiviteiten inzake Corporate Communicatie...; de aankoop en de verkoop van alle roerende waardepapieren...; de steun, de promotie en verwerving van deelnemingen...; het beheer, het toezicht en de controle van alle verbonden vennootschappen...; alle roerende, onroerende of exploitatie goederen en benodigdheden, verwerven, verhuren of huren...; alle commerciële, industriële of financiële operaties...

Structure & network

Owners and holdings

1 holding

Owners 0

No owner stated in the accounts, acts or LEI register we read.

Holdings 1

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

1 connected company
Depth

The connected companies are in the list below.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.
Linked via shared directors
TMVC
Shared director
→

Acquisitions and mergers

2 transactions
Took over:Ketchum nv
BE 0451.670.206merger by absorption · State Gazette act of 03-01-2023 (2 acts) · effective 01-09-2021
Took over:KETCHUM
operation treated as a merger by absorption · State Gazette act of 27-09-2021 · effective 01-09-2021

Capital and shareholders

Capital over the years
  1. 27-09-2021 Capital reduction of 13,062,000 EUR · to 2,500,000 EUR · “aanzuivering van geleden verliezen”
  2. 18-01-2016 Capital increase of 15,500,000 EUR · to 15,562,000 EUR · 312,500 new shares

Similar companies · same sector, comparable size

Of 82,646 companies in sector 70200 we hold annual accounts for 52,627. 15,915 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
Founded11-10-1990
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
73300Public relations and communication consultancy
E-invoicing
Reachable via Peppol
Peppol ID 0208:0441615660
Registered 16-03-2026

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.