PUBLI BELGIUM
ActiveSummary
For PUBLI BELGIUM, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €116k and a net result of €-4k. Equity is shrinking by ~2.7% per year across the filed fiscal years. Its solvency ranks better than 18% of 8325 sector peers (fiscal year 2023). The company has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability45▲+14
Solvency36▼-3
Growth32=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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 2023Solvency, return and age of the figures
Solvency
11.3%
Return on assets
-0.4%
Age of the figures
33 mo
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 · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 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 · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline24-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 06-01-2025, 159 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
159 d late
2022
60 d late
2021
86 d late
2020
143 d late
2019
91 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Turnover
€0
EBIT margin
Not included in this filing
Net result
€-4k▲ 18.7%
2022 · €-5k
2018: €417
2019: €47
2020: €2k
2021: €-7k
2022: €-5k
2018 → 2023
Working capital
€32k▲ 53.1%
2022 · €21k
2018: €3k
2019: €13k
2020: €24k
2021: €11k
2022: €21k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Turnover€0-
Equity€130k-€132k▲ 1.3%€124k▼ 5.4%€120k▼ 3.9%€116k▼ 3.3%
Operating result€13k-€25k▲ 85.5%€18k▼ 29.3%€22k▲ 24.6%€7k▼ 67.3%
Net result€47-€2k▲ 3,494%€-7k€-5k▲ 32.0%€-4k▲ 18.7%
Result per fiscal year
Operating resultNet result
The operating result falls in 2023; 2023 is 67% below 2022 and is the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €1.03M
Fixed assets
€83k ▼ 15.4%
Current assets
€944k ▲ 23.7%
Equity and liabilities €1.03M
Equity
€116k ▼ 3.3%
Debt
€911k ▲ 22.9%
Debt's share of the balance-sheet total rises from 86.1% to 88.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€22k▼
2022 · €37k
Cash flow
€11k▲
2022 · €10k
Current ratio
1.04▲
2022 · 1.03
Quick ratio
1.02▲
2022 · 1.01
Debt to equity
7.87▲
2022 · 6.20
ROE
-3.4%▲
2022 · -4.0%
ROA
-0.4%▲
2022 · -0.6%
Interest coverage
3.22▲
2022 · 1.55
Debt ≤ 1 year
€911k▲
2022 · €742k
Income taxes
€4k▲
2022 · €3k
Staff costs
€175k▲
2022 · €167k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2023 against 2022 · 45 lines
Balance sheet
Code20222023
Assets
Total assets20/58€861k€1.03M▲
Formation expenses20€0€0=
Fixed assets21/28€98k€83k▼
Tangible fixed assets22/27€98k€83k▼
Furniture and vehicles24€11k€6k▼
Other tangible fixed assets26€87k€77k▼
Current assets29/58€763k€944k▲
Stocks and contracts in progress3€17k€11k▼
Stocks30/36€17k€11k▼
Amounts receivable within one year40/41€726k€892k▲
Trade receivables40€724k€892k▲
Other amounts receivable41€2k€0▼
Cash at bank and in hand54/58€20k€41k▲
Equity and liabilities
Total equity and liabilities10/49€861k€1.03M▲
Equity10/15€120k€116k▼
Contributions10/11€100k€100k=
Capital10€100k€100k=
Issued capital100€100k€100k=
Reserves13€10k€10k=
Non-distributable reserves130/1€10k€10k=
Legal reserve130€10k€10k=
Profit (loss) carried forward14€10k€6k▼
Amounts payable17/49€742k€911k▲
Amounts payable within one year42/48€742k€911k▲
Trade debts44€27k€87k▲
Suppliers440/4€27k€87k▲
Taxes, remuneration and social security45€56k€65k▲
Taxes450/3€19k€26k▲
Remuneration and social security454/9€37k€39k▲
Other amounts payable47/48€658k€760k▲
Income statement
Code20222023
Remuneration, social security and pensions62€167k€175k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€15k=
Other operating charges640/8€1k€698▼
Gross operating margin9900€205k€198k▼
Operating profit (loss)9901€22k€7k▼
Financial income75/76B€0€0=
Recurring financial income75€0€0=
Financial charges65/66B€24k€7k▼
Recurring financial charges65€24k€7k▼
Profit (loss) for the period before taxes9903€-2k€256▲
Income taxes67/77€3k€4k▲
Profit (loss) for the period9904€-5k€-4k▲
Profit (loss) for the period to be appropriated9905€-5k€-4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€10k€6k▼
Profit (loss) brought forward from the previous period14P€14k€10k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
06-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 159 days late
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
25-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 86 days late
2021
31-12
Financial
Weakest financial yearnet €-7k ▼515%
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
21-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 143 days late
2020
31-12
Financial
Highest result since 2018net €2k ▲3494%
Operating result €25k, net result €2k, both a record.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 91 days late
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 26 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
2016
30-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 61 days late
2015
24-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Ans · 1 establishment unit since 1997
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.
Route Militaire 3744432 AnsGround area
2,515 m²
Building footprint
146 m²
Volume, LiDAR
1,139 m³
2 parcels, Wallonia · tallest building 10.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Place Georges-Ista 24, 4030 Liège
since 19972.083.024.322
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62001B0065/00F000 | Wallonia | 2,102 m² | 1 · 14 m² | 10.4 m · 3 fl. |
| 62047C1255/00W019 | Wallonia | 413 m² | 1 · 133 m² | 8.4 m · 3 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.
Similar companies · same sector, comparable size
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THE COMMUNICATION GROUP
BE 0833.126.664
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EV
BE 1014.617.822
Knokke-Heist · Eq €116,695
Zerocopy
BE 0846.192.267
Brussel · Eq €114,607
Italienne
BE 0534.950.248
Antwerpen · Eq €113,319
Of 808 companies in sector 73120 we hold annual accounts for 281. 220 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded20-05-1997
Fiscal year end31-12
Activities, NACEBEL 2025
73120Media representation
73200Market research and public opinion polling
77399Renting and leasing of other machinery, equipment and tangible goods
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.