PRESS WORLD
ActiveSummary
The computed 12-month bankruptcy probability of PRESS WORLD is 4.9% (elevated). For PRESS WORLD, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €65,826 and a net result of -€15,826. Equity remains stable across the filed fiscal years (±1.6% per year). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
What they do
Activity not known1 site
How big
€100,004total assets 2022
- Equity
- €65,826
- Loss
- -€15,826
Financially healthy?
- Bankruptcy chance 12 m
- 4.9%
2022 figures too old to score
Who decides
Accounts 792 d overdue0 of 2 deeds read
Signals- Annual accounts: weaker financial profile- No NACE activity registered- Higher-failure-rate region- Two or more financial years not filedFiled after the deadlineShow the evidence
Checked score
No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Axes, FY 2022 · tick = 2021
Profitability17▼-38
Solvency91▲+3
Growth52=
Track record100
Bankruptcy probability, 12 months
4.9%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 2022Solvency, return and age of the figures
Solvency
65.8%
Return on assets
-15.8%
Age of the figures
45 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 7 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline01-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 21-08-2023, 21 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 · 7 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
21 d late
2021
6 d early
2020
3 d late
2019
32 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 4 accounts on average 13 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2022 · micro…
- Weakest financial yearnet -€15,826
- Annual accounts filedfiscal year 2021 · micro…
Financials
Fiscal year 2022Total assets €100,004Loss -€15,826Solvency 65.8%Liquidity 1.37
Total assets
€100,004▼ 22.4%
2018 - 2022
Net result
-€15,826▼ 144%
2018 - 2022
Equity
€65,826▼ 19.4%
2018 - 2022
Staff (FTE)
0.2=
2018 - 2020
Financials · fiscal year 2022, micro schema
Trend over the years
Trend over the years
In euros
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019202020212022
Operating result€33,949-€57,040▲ 68.0%€13,350▼ 76.6%-€2,035-€11,242▼ 452%
Net result€25,481-€43,929▲ 72.4%€8,829▼ 79.9%-€6,491-€15,826▼ 144%
Equity€60,384-€79,313▲ 31.3%€88,142▲ 11.1%€81,651▼ 7.4%€65,826▼ 19.4%
Total assets€216,502-€204,687▼ 5.5%€172,786▼ 15.6%€128,804▼ 25.5%€100,004▼ 22.4%
Debt€156,117-€125,374▼ 19.7%€84,644▼ 32.5%€47,152▼ 44.3%€34,178▼ 27.5%
Working capital-€5,515-€8,875€28,483▲ 221%€16,798▼ 41.0%€12,627▼ 24.8%
Staff (FTE)0.3-0.2▼ 33.3%0.2=
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €11,242 in 2022 against €2,035 in 2021; the loss grows and 2022 has the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €100,004
Fixed assets
€53,199 ▼ 27.7%
Current assets
€46,805 ▼ 15.3%
Equity and liabilities €100,004
Equity
€65,826 ▼ 19.4%
Debt
€34,178 ▼ 27.5%
Debt's share of the balance-sheet total falls from 36.6% to 34.2%. Equity and debt are lower.
Key figures and ratios
Key figures and ratios
EBITDA
€9,091▼
2021 · €18,298
Cash flow
€4,508▼
2021 · €13,842
Current ratio
1.37▼
2021 · 1.44
Quick ratio
0.57▼
2021 · 0.74
Debt to equity
0.52▼
2021 · 0.58
ROE
-24.0%▼
2021 · -7.9%
ROA
-15.8%▼
2021 · -5.0%
Interest coverage
1.98▼
2021 · 5.14
Debt ≤ 1 year
€34,178▼
2021 · €38,473
Debt > 1 year
€0▼
2021 · €8,679
Income taxes
€0▼
2021 · €895
Staff costs
€0=
2021 · €0
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €538 | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | - | - | - | €0 | €0 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €20,817 | €20,000 | €20,127 | €20,333 | €20,333 | = |
| Other operating charges640/8 | - | - | - | €4,488 | €17,452 | ▲ 289% |
| Gross operating margin9900 | €65,422 | €85,353 | €38,984 | €22,786 | €26,543 | ▲ 16.5% |
| Operating profit (loss)9901 | €33,949 | €57,040 | €13,350 | -€2,035 | -€11,242 | ▼ 452% |
| Financial income75/76B | - | - | - | €0 | €0 | ▼ 100% |
| Recurring financial income75 | - | - | - | €0 | €0 | ▼ 100% |
| Financial charges65/66B | - | - | - | €3,561 | €4,584 | ▲ 28.7% |
| Recurring financial charges65 | €4,717 | €6,648 | €3,314 | €3,561 | €4,584 | ▲ 28.7% |
| Profit (loss) for the period before taxes9903 | €29,232 | €50,392 | €10,036 | -€5,596 | -€15,826 | ▼ 183% |
| Income taxes67/77 | €3,751 | €6,463 | €1,207 | €895 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €25,481 | €43,929 | €8,829 | -€6,491 | -€15,826 | ▼ 144% |
| Profit (loss) for the period to be appropriated9905 | €25,481 | €43,929 | €8,829 | -€6,491 | -€15,826 | ▼ 144% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €216,502 | €204,687 | €172,786 | €128,804 | €100,004 | ▼ 22.4% |
| Fixed assets21/28 | €132,993 | €112,993 | €93,866 | €73,532 | €53,199 | ▼ 27.7% |
| Intangible fixed assets21 | €130,000 | €110,000 | €90,000 | €70,000 | €50,000 | ▼ 28.6% |
| Tangible fixed assets22/27 | - | - | €873 | €539 | €206 | ▼ 61.8% |
| Furniture and vehicles24 | - | - | - | €539 | €206 | ▼ 61.8% |
| Financial fixed assets28 | €2,993 | €2,993 | €2,993 | €2,993 | €2,993 | = |
| Current assets29/58 | €83,509 | €91,694 | €78,921 | €55,271 | €46,805 | ▼ 15.3% |
| Stocks and contracts in progress3 | €35,156 | €26,325 | €31,972 | €26,754 | €27,267 | ▲ 1.9% |
| Stocks30/36 | - | - | - | €26,754 | €27,267 | ▲ 1.9% |
| Amounts receivable within one year40/41 | €147 | €1,853 | €8,924 | €11,997 | €8,773 | ▼ 26.9% |
| Trade receivables40 | - | - | - | €7,850 | €250 | ▼ 96.8% |
| Other amounts receivable41 | - | - | - | €4,147 | €8,523 | ▲ 106% |
| Cash at bank and in hand54/58 | €47,855 | €63,454 | €37,616 | €16,458 | €10,704 | ▼ 35.0% |
| Deferred charges and accrued income490/1 | - | - | - | €62 | €62 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €216,502 | €204,687 | €172,786 | €128,804 | €100,004 | ▼ 22.4% |
| Equity10/15 | €60,384 | €79,313 | €88,142 | €81,651 | €65,826 | ▼ 19.4% |
| Contributions10/11 | €12,600 | €12,600 | - | €12,600 | €12,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €45,924 | €64,853 | €73,682 | €67,191 | €51,366 | ▼ 23.6% |
| Amounts payable17/49 | €156,117 | €125,374 | €84,644 | €47,152 | €34,178 | ▼ 27.5% |
| Amounts payable after more than one year17 | €67,094 | €42,555 | €34,207 | €8,679 | €0 | ▼ 100% |
| Financial debts170/4 | - | - | - | €8,679 | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €89,023 | €82,819 | €50,437 | €38,473 | €34,178 | ▼ 11.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | €22,669 | €10,221 | ▼ 54.9% |
| Trade debts44 | €27,335 | €17,331 | €15,161 | €13,911 | €23,958 | ▲ 72.2% |
| Suppliers440/4 | - | - | - | €13,911 | €23,958 | ▲ 72.2% |
| Taxes, remuneration and social security45 | - | - | - | €1,893 | €0 | ▼ 100% |
| Taxes450/3 | - | - | - | €993 | €0 | ▼ 100% |
| Remuneration and social security454/9 | - | - | - | €900 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | - | - | €0 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €25,481 | €43,929 | €8,829 | -€6,491 | -€15,826 | ▼ 144% |
| + Depreciation and write-downs630 | €20,817 | €20,000 | €20,127 | €20,333 | €20,333 | = |
| Operating cash flow (approximation) | €46,298 | €63,929 | €28,956 | €13,842 | €4,508 | ▼ 67.4% |
| Investment in fixed assets (approximation) | - | €0 | -€1,000 | €0 | €0 | - |
| Change in cash | - | €15,599 | -€25,839 | -€21,158 | -€5,754 | ▲ 72.8% |
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
9 eventsLatest 21-08-2023
History
Acts, filings and financial milestones
2023
21-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 21 days late
2022
31-12
Financial
Weakest financial yearnet -€15,826
Net result drops to -€15,826, the lowest in the series.
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
03-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 3 days late
2020
01-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 32 days late
2019
31-12
Financial
Highest result since 2018net €43,929 ▲72.4%
Operating result €57,040, net result €43,929, both a record.
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 27 days late
2018
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
07-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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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Support & recognitions
1 register with a recognitionFASFC 1 site
FASFC
1
authorised site
Recognitions · licences · registrations
Food safety, FASFC
1 siteUkkelunit no. 2.242.557.549
Company details
Private limited company (pre-2019) · founded 04-06-2015Year ends 31-12Peppol not found1 site
Register details
Identification
Legal formPrivate limited company (pre-2019)
Founded04-06-2015
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.
If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance
If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Ukkel · 1 establishment unit since 2015
Ground area
2,498 m²
Building footprint
796 m²
Volume, LiDAR
8,329 m³
Parcel 21612C0001/00B055, Brussels · tallest building 21.9 m, ±2 floors. Linked by address, not a title deed.
61
companies at this address
See who is registered here
1 establishment unit
PRESS WORLD
since 2015unit no. 2.242.557.549
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21612C0001/00B055 | Brussels | 2,498 m² | 1 · 796 m² | 21.9 m · 2 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.
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