Ketchum
ActiveSummary
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).
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Signals
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)
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
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Financials · fiscal year 2024, abbreviated schema
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.
- 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.
Peer companies
Historical observationOf 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
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%.
| 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.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| 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% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| 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% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| 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.
Timeline · acts, filings and financial milestones
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)
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)
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)
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)
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
03-01
State Gazette act
Resignations & appointmentsAppointment: 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
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
27-09
State Gazette act
Capital & shares · RestructuringMerger · 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
RestructuringMerger · Accounting effect · Shareholding4 facts ▸
- Board meeting, 10-11-2020
- Merger, absorption
- Accounting effect, 01-01-2021
- Shareholding, 100%
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
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)
19-03
State Gazette act
Registered officeRegistered-office move2 facts ▸
- Board meeting, 17-12-2017
- Registered-office move, Scheldestraat 122-1080 Brussel
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
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)
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 othersMandate 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
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)
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
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)
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
Directors · office · real estate
Board 4
4 not recently confirmed
Permanent representatives 1
Statutory auditor 1
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21012F0341/00A003 | Brussels | 2,643 m² | 1 · 808 m² | 14.7 m · 4 fl. |
Linked by address, not proof of ownership
Mandate history
- Board
- Day-to-day management
- Statutory auditor
- Other function
- not recently confirmed
- began earlier
| Name | Functions and periods |
|---|---|
| David Scott |
|
| Jo-ann Robertson |
|
| Kris Govaerts |
|
| Omnicom Advertising Group Belgium (OAG Belgium NV) |
|
| Mazars Bedrijfsrevisoeren |
|
| John Martin William Betts |
|
| Peter Douglas Trueman |
|
| Sally Naomi Fiona Ward |
|
| JOHN WILLIAM BETTS |
|
| John M.W. Betts |
|
| Oliver Welz |
|
| VAN COPPENHOLLE Geert Albert Leona |
|
| PRAIZE |
|
| Scott David James |
|
| Mark Hume |
|
| PROMETHEUS PUBLIC AFFAIRS |
|
| Deloitte Bedrijfsrevisoren (B025) |
|
| Luc Michiels |
|
| EUGENIUS |
|
| Patrick Resk |
|
| INGE BOETS |
|
| KPMG Bedrijfsrevisoren BV/SRL |
|
| Peter Trueman |
|
| Michael Ramah |
|
| Sally Ward |
|
| Cursor NV |
|
| HELIADE COMM. V. |
|
| Stockman Gary |
|
| CVBA Klynveld Peat Marwick Goerdeler Bedrijfsrevisioren |
|
| Castelli BVBA |
|
| Casteleyn Dimitri |
|
Articles of association
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 holdingOwners 0
No owner stated in the accounts, acts or LEI register we read.
Holdings 1
- KETCHUMsubsidiarySourceact 22-01-2021100%
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 companyThe connected companies are in the list below.
Acquisitions and mergers
2 transactionsCapital and shareholders
- 27-09-2021 Capital reduction of 13,062,000 EUR · to 2,500,000 EUR · “aanzuivering van geleden verliezen”
- 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
Identification & contact
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.