MUCH COMMUNICATION
ActiveMUCH COMMUNICATION has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €65k and a net result of €-8k. Equity remains stable across the filed fiscal years (±0.4% per year). Its solvency ranks better than 29% of 6956 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
63
/ 100
Healthy▲ +8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency48▼-3
Growth78=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity tight (current ratio 1.32 against 1.33 in 2024), and 73.1% of the assets are financed with debt.
Credit advice for your own amount and term
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
26.9%
Return on assets
-3.3%
Age of the figures
17 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year -€8k
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-10-2025, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
1 d early
2023
on the day
2022
on the day
2021
29 d late
2020
25 d late
2019
1 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close12-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€65k▼ 10.9%
2024 · €73k
2019: €64k
2020: €74k
2021: €84k
2022: €90k
2023: €88k
2024: €73k
2019 → 2025
Total assets
€242k▼ 6.0%
2024 · €258k
2019: €535k
2020: €571k
2021: €499k
2022: €512k
2023: €214k
2024: €258k
2019 → 2025
Net result
€-8k▲ 47.4%
2024 · €-15k
2019: €-18k
2020: €11k
2021: €10k
2022: €5k
2023: €-1k
2024: €-15k
2019 → 2025
Working capital
€42k▼ 3.4%
2024 · €44k
2019: €74k
2020: €78k
2021: €58k
2022: €70k
2023: €69k
2024: €44k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€84k-€90k▲ 6.0%€88k▼ 1.5%€73k▼ 17.1%€65k▼ 10.9%
Operating result€19k-€16k▼ 14.2%€14k▼ 15.9%€-2k€6k
Net result€10k-€5k▼ 49.8%€-1k€-15k▼ 1,019%€-8k▲ 47.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €6k after a loss of €2k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €242k
Fixed assets
€66k▼ 19.3%
Current assets
€177k▲ 0.1%
Equity and liabilities €242k
Equity
€65k▼ 10.9%
Debt
€177k▼ 4.1%
The debt ratio rises from 71.6% to 73.1%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€22k▲
2024 · €13k
Cash flow
€8k▲
2024 · €-914
Solvency
26.9%▼
2024 · 28.4%
Current ratio
1.32▼
2024 · 1.33
Quick ratio
1.32▼
2024 · 1.33
Debt / equity
2.72▲
2024 · 2.53
ROE
-12.2%▲
2024 · -20.7%
ROA
-3.3%▲
2024 · -5.9%
Interest coverage
3.72▼
2024 · 19.23
Debt
€177k▼
2024 · €185k
Debt ≤ 1 year
€134k▲
2024 · €133k
Debt > 1 year
€43k▼
2024 · €52k
Income taxes
€8k▼
2024 · €13k
Staff costs
€58k▲
2024 · €38k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€258k€242k▼
Fixed assets21/28€81k€66k▼
Tangible fixed assets22/27€81k€66k▼
Land and buildings22€2k€1k▼
Plant, machinery and equipment23€23k€19k▼
Furniture and vehicles24€18k€14k▼
Other tangible fixed assets26€38k€31k▼
Current assets29/58€176k€177k▲
Amounts receivable within one year40/41€176k€174k▼
Trade receivables40€72k€84k▲
Other amounts receivable41€104k€90k▼
Deferred charges and accrued income490/1-€3k
Equity and liabilities
Total equity and liabilities10/49€258k€242k▼
Equity10/15€73k€65k▼
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€65k€57k▼
Amounts payable17/49€185k€177k▼
Amounts payable after more than one year17€52k€43k▼
Financial debts170/4€52k€43k▼
Amounts payable within one year42/48€133k€134k▲
Current portion of amounts payable after more than one year42€9k€9k=
Financial debts43€5k€832▼
Credit institutions430/8€5k€832▼
Trade debts44€108k€101k▼
Suppliers440/4€108k€101k▼
Taxes, remuneration and social security45€11k€19k▲
Taxes450/3€5k€13k▲
Remuneration and social security454/9€6k€6k▼
Other amounts payable47/48-€4k
Income statement
Code20242025
Goods, raw materials, services and sundry goods60/61€57k€69k▲
Remuneration, social security and pensions62€38k€58k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€16k▲
Other operating charges640/8€969€2k▲
Gross operating margin9900€52k€81k▲
Operating profit (loss)9901€-2k€6k▲
Financial charges65/66B€658€6k▲
Recurring financial charges65€658€6k▲
Profit (loss) for the period before taxes9903€-2k€363▲
Income taxes67/77€13k€8k▼
Profit (loss) for the period9904€-15k€-8k▲
Profit (loss) for the period to be appropriated9905€-15k€-8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€65k€57k▼
Profit (loss) brought forward from the previous period14P€80k€65k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
30-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
30-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
29-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 29 days late
2020
25-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 25 days late
31-03
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
2019
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
30-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
25-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Overijse · 1 establishment unit since 2008
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Marnixlaan 273090 OverijseGround area
1,063 m²
Building footprint
372 m²
Volume, LiDAR
5,105 m³
2 parcels, Brussels, Flanders · tallest building 28.6 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
MUCH COMMUNICATION
since 20082.171.455.262
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23062N0045/00M010 | Flanders | 711 m² | 1 · 169 m² | 6.2 m · 1 fl. |
| 21902A0422/00Z005 | Brussels | 352 m² | 1 · 203 m² | 28.6 m · 9 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 9,805 companies in sector 73110 we hold annual accounts for 3,723. 3,011 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formCoöperatieve vennootschap met beperkte aansprakelijkheid
Founded06-05-2008
Fiscal year end31-03
Activities, NACEBEL
73110Advertising agencies
74209Other photographic activities
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.