Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of MEDIAHUIS is 0.2% (very low). The 2025 annual accounts show equity of €657.67M and a net result of €3.74M. Equity is growing by ~17.7% per year across the filed fiscal years. Its solvency ranks better than 60% of 84 sector peers (fiscal year 2025). The company has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 3 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneStatistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Filing behaviour
From the deposit records, complete market-wide| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2025 | 31-07-2026 | 29-05-2026 | 63 d early | 2026-00133392 |
| 31-12-2024 | 31-07-2025 | 11-06-2025 | 50 d early | 2025-00151278 |
| 31-12-2023 | 31-07-2024 | 06-06-2024 | 55 d early | 2024-00119588 |
| 31-12-2022 | 31-07-2023 | 05-06-2023 | 56 d early | 2023-00112038 |
| 31-12-2021 | 31-07-2022 | 14-06-2022 | 47 d early | 2022-20068381 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsAdministrative Flags
Financials
Annual accounts & ratios
Source: NBB · 2025| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 49.1% | 23.7% | |
| Net result | €3.74M | €6k | |
| Equity | €657.67M | €22k | |
| Total assets | €1.34B | €97k |
| Fiscal year | 2025 |
|---|---|
| Deposit | volledig |
| Revenue | €297.74M |
| EBITDA | €-20.04M |
| Net profit | €3.74M |
| Cash flow | €10.60M |
| Staff costs | €90.62M |
| Income taxes | €-12.16M |
| Dividends | €39.00M |
| Total assets | €1.34B |
| Equity | €657.67M |
| Debt | €676.77M |
| of which ≤ 1y | €641.54M |
| of which > 1y | €32.00M |
| Working capital | €-166.89M |
| Employees (FTE) | 776.8 |
| 2025 | |
|---|---|
| Current ratio | 0.74 |
| Quick ratio | 0.74 |
| Working capital ratio | -12.5% |
| Solvency | 49.1% |
| Debt / equity | 1.03 |
| Long-term debt ratio | 0.05 |
| Interest coverage | -1.53 |
| Gross margin | 92.1% |
| Net margin | 1.3% |
| ROA | 0.3% |
| ROE | 0.6% |
| EBITDA margin | -6.7% |
| Days sales outstanding | 24d |
| Days payable outstanding | 527d |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.34B |
| Fixed assets | 21/28 | €863.95M |
| Formation expenses | 20 | €719k |
| Intangible fixed assets | 21 | €51.56M |
| Tangible fixed assets | 22/27 | €516k |
| Financial fixed assets | 28 | €811.87M |
| Current assets | 29/58 | €474.65M |
| Amounts receivable within one year | 40/41 | €283.45M |
| Investments | 50/53 | €164.61M |
| Cash & bank | 54/58 | €12.73M |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.34B |
| Equity | 10/15 | €657.67M |
| Contributions / capital | 10/11 | €283.64M |
| Reserves | 13 | €64.77M |
| Accumulated profits (losses) | 14 | €309.26M |
| Provisions & deferred taxes | 16 | €4.88M |
| Amounts payable | 17/49 | €676.77M |
| Amounts payable after one year | 17 | €32.00M |
| Amounts payable within one year | 42/48 | €641.54M |
| Trade debts payable within one year | 44 | €33.84M |
| Income statement | ||
| Turnover | 70 | €297.74M |
| Operating result | 9901 | €-26.90M |
| Financial income | 75 | €88.86M |
| Financial charges | 65 | €33.69M |
| Result before taxes | 9903 | €-8.42M |
| Income taxes | 67/77 | €-12.16M |
| Net result for the period | 9904 | €3.74M |
| Result to be appropriated | 9905 | €3.74M |
Health barometer
FY 2025 · computedUnlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.
See plans →Directors
Directors & mandates
32 directors-
Current29-05-2026 → present
-
Current26-08-2025 → present
-
Current26-08-2025 → present
-
Current26-08-2025 → present
-
BAERT MANAGEMENT COMPANYLegal entityDirector· perm. rep.: Jan BaertState Gazette act 23084219 (29-06-2023)Current29-06-2023 → present
3 events
- 29-06-2023 Resigned· Director
- 29-06-2023 Mandate renewed· Director
- 07-06-2022 Appointed· Director
-
Felicity ConsultLegal entityDirector· perm. rep.: Filip PlatteeuwState Gazette act 23084219 (29-06-2023)Current29-06-2023 → present
-
VP Exploitatie B.V.Legal entityDirector· perm. rep.: Guus van PuijenbroekState Gazette act 23084219 (29-06-2023)Current29-06-2023 → present
2 events
- 29-06-2023 Resigned· Director
- 29-06-2023 Mandate renewed· Director
-
Current17-06-2022 → present
-
NEWTON ENGINEERINGLegal entityDirector· perm. rep.: Peter HinssenState Gazette act 22072190 (17-06-2022)Current17-06-2022 → present
4 events
- 17-06-2022 Resigned· Director
- 17-06-2022 Mandate renewed· Director
- 01-07-2020 Mandate renewed· Director
- 29-09-2017 Appointed· Director
-
Leas Management BVLegal entityDirector· perm. rep.: Patrick HermansState Gazette act 20114568 (01-10-2020)Current01-10-2020 → present
-
Current29-09-2017 → present
4 events
- 18-07-2024 Mandate renewed· Director
- 28-05-2021 Mandate renewed· Director
- 01-07-2020 Mandate renewed· Director
- 29-09-2017 Appointed· Director
-
Current29-09-2017 → present
4 events
- 28-05-2021 Mandate renewed· Director
- 01-07-2020 Mandate renewed· Director
- 29-09-2017 Appointed· Director
- 30-06-2017 Resigned· Director
-
Current10-08-2017 → present
10 events
- 18-07-2024 Mandate renewed· Director
- 28-05-2021 Mandate renewed· Director
- 01-10-2020 Mandate renewed· Director
- 01-07-2020 Mandate renewed· Director
- 29-09-2017 Appointed· Director
- 10-08-2017 Appointed· Director
- 30-06-2017 Resigned· Director
- 02-05-2017 Appointed· Director
- 28-11-2014 Appointed· Director
- 28-10-2013 Appointed· Director
-
VP Exploitatie NVLegal entityDirector· perm. rep.: August van PuijenbroekState Gazette act 20114568 (01-10-2020)Current10-08-2017 → present
3 events
- 01-10-2020 Mandate renewed· Director
- 01-07-2020 Mandate renewed· Director
- 10-08-2017 Appointed· Director
Historic, not recently confirmed (7)
-
Not recently confirmedlast confirmed in an act from 2017
-
Not recently confirmedlast confirmed in an act from 2017
-
Not recently confirmedlast confirmed in an act from 2017
-
Not recently confirmedlast confirmed in an act from 2015
2 events
- 07-09-2015 Appointed· Director
- 15-04-2015 Appointed· Director
-
Not recently confirmedlast confirmed in an act from 2014
2 events
- 28-11-2014 Appointed· Director
- 28-10-2013 Appointed· Director
-
Not recently confirmedlast confirmed in an act from 2014
2 events
- 28-11-2014 Appointed· Director
- 28-10-2013 Appointed· Director
-
Not recently confirmedlast confirmed in an act from 2014
3 events
- 28-11-2014 Appointed· Director
- 01-01-2014 Appointed· Voorzitter van de raad van bestuur
- 28-10-2013 Appointed· Director
Former directors (11)
-
Former02-05-2017 → 30-06-2026
8 events
- 30-06-2026 Resigned· Director
- 29-06-2023 Resigned· Director
- 29-06-2023 Mandate renewed· Director
- 01-10-2020 Mandate renewed· Director
- 01-07-2020 Mandate renewed· Director
- 29-09-2017 Appointed· Director
- 30-06-2017 Resigned· Director
- 02-05-2017 Appointed· Director
-
Former01-07-2020 → 18-08-2025
4 events
- 18-08-2025 Resigned· Director
- 17-06-2022 Resigned· Director
- 17-06-2022 Mandate renewed· Director
- 01-07-2020 Mandate renewed· Director
-
Aldes BVLegal entityDirector· perm. rep.: Anouk MertensState Gazette act 25104629 (18-08-2025)Former- → 18-08-2025
-
LEAS MANAGEMENTLegal entityDirector· perm. rep.: Patrick HermansState Gazette act 25104629 (18-08-2025)Former29-09-2017 → 18-08-2025
7 events
- 18-08-2025 Resigned· Director
- 30-05-2025 Appointed· Director
- 17-06-2022 Resigned· Director
- 17-06-2022 Mandate renewed· Director
- 01-07-2020 Mandate renewed· Director
- 29-09-2017 Appointed· Director
- 30-06-2017 Resigned· Director
-
Newton Engineering BVLegal entityDirector· perm. rep.: Peter HinssenState Gazette act 25104629 (18-08-2025)Former- → 18-08-2025
-
Former02-05-2017 → 18-08-2025
8 events
- 18-08-2025 Resigned· Director
- 30-05-2025 Appointed· Director
- 17-06-2022 Appointed· Director
- 01-10-2020 Mandate renewed· Director
- 01-07-2020 Mandate renewed· Director
- 29-09-2017 Appointed· Director
- 30-06-2017 Resigned· Director
- 02-05-2017 Appointed· Director
-
Former28-10-2013 → 29-06-2023
7 events
- 29-06-2023 Resigned· Director
- 01-10-2020 Mandate renewed· Director
- 01-07-2020 Mandate renewed· Director
- 29-09-2017 Appointed· Director
- 30-06-2017 Resigned· Director
- 28-11-2014 Appointed· Director
- 28-10-2013 Appointed· Director
-
Former- → 17-06-2022
-
Wicoma nvLegal entityDirector· perm. rep.: Robert CeuppensState Gazette act 20114568 (01-10-2020)Former02-05-2017 → 17-06-2022
3 events
- 17-06-2022 Resigned· Director
- 01-10-2020 Mandate renewed· Director
- 02-05-2017 Appointed· Director
-
Former02-05-2017 → 07-06-2022
5 events
- 07-06-2022 Resigned· Director
- 01-07-2020 Mandate renewed· Director
- 29-09-2017 Appointed· Director
- 30-06-2017 Resigned· Director
- 02-05-2017 Appointed· Director
-
Former- → 10-08-2017
Statutory auditor
7 auditors| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| KPMG Réviseurs d'EntreprisesCurrent Statutory auditor · represented by Harry Van Donink |
- | 18-07-2024 → present |
| CVBA 'Grant Thornton bedrijfsrevisoren' Statutory auditor · represented by Ria Verheyen |
- | - → 15-06-2018 |
| CVBA 'KPMG Bedriifsrevisoren' Statutory auditor · represented by Harry Van Donink |
- | - → 15-06-2018 |
| Grant Thornton bedrijfsrevisoren Statutory auditor · represented by Ria VERHEYEN succeeded by KPMG Bedrijfsrevisoren CVBA in 2020 |
- | 06-02-2015 → 24-06-2020 |
| KPMG Bedrijfsrevisoren Statutory auditor · represented by Harry Van Donink succeeded by KPMG Bedrijfsrevisoren CVBA in 2020 |
- | 06-02-2015 → 24-06-2020 |
| KPMG Bedrijfsrevisoren BV Statutory auditor · represented by Harry Van Donink succeeded by KPMG Réviseurs d'Entreprises in 2024 |
- | 28-05-2021 → 18-07-2024 |
| KPMG Bedrijfsrevisoren CVBA Statutory auditor · represented by Frederic Poesen succeeded by KPMG Réviseurs d'Entreprises in 2024 |
- | 24-06-2020 → 18-07-2024 |
Insolvency mandates
Legal Structure
| NACE primary | Uitgeven van kranten(58120) |
| Legal form | Public limited company(014) |
| Incorporation | 28-12-1989 |
| Status | Active |
| Postal code | 2050 |
Structure & network
Connections & network
45 connected companiesOwnership & control
8 partiesEach band states what its claims rest on. A board seat is influence over the board, not ownership. Court mandates (receiver, interim administrator) and liquidation mandates do not link companies and are therefore absent here; they belong under Directors & mandates.
Locations & real estate
Registered office
from the Crossroads BankThis address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Katwilgweg 22050 AntwerpenEstablishment units
4 locationsReal-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11813N0223/00B003 | Flanders | 1.4 ha | 1 · 3,963 m² | 22.1 m · 5 fl. |
| 21804D0900/00E002 | Brussels | 6,828 m² | 1 · 7,874 m² | 44.7 m · 8 fl. |
| 71327G0703/00B000 | Flanders | 3,985 m² | 1 · 2,329 m² | 15.6 m |
| 44815F1173/00C000 | Flanders | 580 m² | 1 · 291 m² | 19.6 m · 5 fl. |
Publications
Lifecycle & Insolvency Signals
Belgian State Gazette · acts
60 verified actsWhat every Belgian State Gazette publication actually says, each act broken down into appointments, capital movements, seat moves and statute amendments.
- General meeting , 29/05/2026
- Director resignation, Baert Management Company BV (bestuurder)
- Director resignation, Felicity Consult BV (bestuurder)
- Director resignation, VP Exploitatie NV (bestuurder)
- Director resignation, Jan Suykens (bestuurder)
- Director appointment, Felicity Consult BV (bestuurder)
- Board meeting , 29.04.2026
- Power of attorney, Eiferman BV
- Power of attorney, Jan Feys
- Power of attorney, Diggix BV
- Power of attorney, Koen Meeusen
- Power of attorney, Dries Vereecke
- General meeting , 05/02/2026
- Capital
- Statutes amendment , Artikel 7
- Statutes amendment , Artikel 12
- Statutes amendment , Artikel 13
- Statutes amendment , Artikel 18
- Board meeting , 17/12/2025
- Director appointment, Orange Tree BV (lid van het College Dagelijks Bestuur)
- Director appointment, Amplio BV (lid van het College Dagelijks Bestuur)
- Director appointment, Zumaco BV (lid van het College Dagelijks Bestuur)
- Director appointment, Zenofi BV (lid van het College Dagelijks Bestuur)
- Permanent representative, Gert Ysebaert
- Board meeting , 17/12/2025
- Power of attorney, CDB & Chairman
- General meeting , 30/05/2025
- Director resignation, Aldes BV (bestuurder)
- Director resignation, Leas Management BV (bestuurder)
- Director resignation, Newton Engineering BV (bestuurder)
- Director resignation, Adrianne Buurman (bestuurder)
- Director resignation, Philippe Vlerick (bestuurder)
- Board meeting , 2024-12-02
- Power of attorney, Eiferman BV
- Power of attorney, Toon van den Meijdenberg
- Power of attorney, Invocation BV
- Power of attorney, Frida Comm.V.
- Power of attorney, Koen Meeusen
- Board meeting , 2024-08-29
- Director appointment, Zenofi BV (lid van het College van Dagelijks Bestuur in de functie van Group HR Director)
- Permanent representative, Martine Vandezande
- General meeting , 31/05/2024
- Director resignation, De Eik NV (bestuurder)
- Director resignation, Thomas Leysen (bestuurder)
- Director reappointment, De Eik NV (bestuurder)
- Director reappointment, Thomas Leysen (bestuurder)
- Permanent representative, Philippe Vandeurzen
- General meeting , 28/03/2024
- Share buyback , Authorization to purchase own shares (Soort D) for a maximum of 48,000 shares (including 16,725 existing shares). Price limit for existing shares: 644.73 EUR. V…
- Power of attorney, Orange Tree BV
- Power of attorney, Zumaco BV
- Permanent representative, Gert Ysebaert
- Permanent representative, Kristiaan De Beukelaer
- Board meeting , 20/12/2023
- Accounting effect , 01/01/2024
- Power of attorney, Eiferman
- Power of attorney, Toon van den Meijdenberg
- Power of attorney, Invocation
- Power of attorney, Frida
- General meeting , 26/05/2023
- Director resignation, Baert Management Company NV (bestuurder)
- Director resignation, Bruno de Cartier (bestuurder)
- Director resignation, Jan Suykens (bestuurder)
- Director resignation, VP Exploitatie NV (bestuurder)
- Director reappointment, Felicity Consult BV (bestuurder)
Show 12 older acts
What every Belgian State Gazette publication actually says, each act broken down into appointments, capital movements, seat moves and statute amendments.
- Board meeting , 24 maart 2022
- Share issue , Soort D, 9040
- Capital increase , €73.617.998,61
- Capital , €73.617.998,61
- Statutes amendment
- General meeting , 27 mei 2022
- Director resignation, Adrianne Buurman (bestuurder)
- Director resignation, Wicoma NV (bestuurder)
- Director resignation, Leas Management BV (bestuurder)
- Director resignation, Newton Engineering BV (bestuurder)
- Director resignation, Philippe Vierick (bestuurder)
- General meeting , 01/04/2022
- Share transfer, Concentra NV → Mediahuis
- Share transfer, VP Exploitatie NV → Mediahuis
- Power of attorney, Orange Tree BV
- Permanent representative, Gert Ysebaert
- Power of attorney, Zumaco BV
- Share issue , Soort D, 21825
- Capital increase , €73.287.767,41
- Capital , €73.287.767,41
- Statutes amendment
- General meeting , 25/03/2021
- Share buyback , Inkoop van eigen aandelen Soort D
- Power of attorney, Orange Tree BV
- Power of attorney, Zumaco BV
- Permanent representative, Gert Ysebaert
- Permanent representative, Kristiaan De Beukelaer
- General meeting , 25 maart 2021
- Share issue , Soort D, 3585
- Capital increase , €72.490.500,16
- Capital , €72.490.500,16
- Purpose change , Het voorwerp wordt gewijzigd en uitgebrei-d, zoals de tekst hiervan voorkomt als artikel drie van de statuten
- Corporate purpose , 1/ Het uitgeven, drukken, exploiteren, verspreiden en verdelen van alle dagbladen, tijdschriften, boeken en alle andere drukwerken in de breedste zin, alsmede d…
- General meeting , 28/05/2021
- Director resignation, Thomas Leysen (bestuurder)
- Director resignation, Wicoma NV (bestuurder)
- Director resignation, De Eik NV (bestuurder)
- Director reappointment, Thomas Leysen (bestuurder)
- Director reappointment, De Eik NV (bestuurder)
- Board meeting , 27/04/2021
- Director appointment, Orange Tree BV (lid College van Dagelijks Bestuur)
- Director appointment, Amplio BV (lid College van Dagelijks Bestuur)
- Director appointment, Zumaco BV (lid College van Dagelijks Bestuur)
- Director appointment, Orange Tree BV (voorzitter College van Dagelijks Bestuur)
- Director appointment, Orange Tree BV (CEO)
- Board meeting , 12/05/2021
- Power of attorney, Eiferman
- Power of attorney, Koen Maes
- Power of attorney, Koen Vandaele
- Power of attorney, Toon van den Meijdenberg
- Power of attorney, Invocation
- Board meeting , 2020-07-09
- Director reappointment, Thomas Leysen (voorzitter)
- Director reappointment, Robert Ceuppens (ondervoorzitter)
- Director reappointment, Bruno de Cartier (lid Auditcomité)
- Director reappointment, Bruno de Cartier (voorzitter Auditcomité)
- Director reappointment, Jan Suykens (lid Auditcomité)
- General meeting , 29/05/2020
- Director discharge, KPMG Bedrijfsrevisoren CVBA
- Permanent representative, Frederic Poesen
- Director resignation, Thomas Leysen
- Director resignation, Wicoma NV
- Director resignation, Jan Baert
- Director appointment, Orange Tree BVBA
- Permanent representative, Gert Ysebaert
- Director appointment, Amplio BVBA
- Permanent representative, Paul Verwilt
- Director appointment, Zumaco BVBA
- Permanent representative, Kristiaan De Beukelaer
Analysis
Snowflake analysis
financial profile on 5 axesMixed profile: strong on stability, weaker on profitability.
All 5 axes are computed from data Checked has read.
Ask AI about this company
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AI due-diligence brief
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Credit advice
verdict per customer and amountSimilar
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Company registry (CBE)
Crossroads Bank| Legal nameNL | MEDIAHUIS |