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PUBLI BOARD

Active
Private limited companyfounded 200025 yrs activePlaatsstraat 43, 1570 Pajottegem, BelgiumKBO/BCE: BE 0472.889.054

PUBLI BOARD has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5k and a net result of €7k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 14% of 6963 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
51 / 100
Fair▲ +26 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency2▼-31
Growth78=
Stability100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.12 against 0.06 in 2024), and 97.7% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 25 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
2.3%
Return on assets
3%
Age of the figures
8 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 6963 sector peers (2025).
NBB · sector comparison
Position among 6963 sector peers
Solvency
better than 14%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-08-2026, 19 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 · 10 filings
Deviation from the deadline
2025
19 d late
2024
61 d late
2023
27 d late
2022
21 d late
2021
31 d late
2020
31 d late
2019
113 d late
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€5k
2024 · €-2k
2018: €-21k 2019: €-15k 2020: €-26k 2021: €-2k 2022: €-7k 2023: €3k 2024: €-2k
2018 → 2025
Total assets
€237k▼ 8.0%
2024 · €258k
2018: €422k 2019: €392k 2020: €335k 2021: €380k 2022: €333k 2023: €292k 2024: €258k
2018 → 2025
Net result
€7k
2024 · €-5k
2018: €-17k 2019: €6k 2020: €-25k 2021: €4k 2022: €-4k 2023: €10k 2024: €-5k
2018 → 2025
Working capital
€-172k▲ 24.0%
2024 · €-226k
2018: €-299k 2019: €-289k 2020: €-288k 2021: €-257k 2022: €-254k 2023: €-230k 2024: €-226k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€-2k-€-7k▼ 201%€3k€-2k€5k
Operating result€6k-€-2k€12k€-4k€8k
Net result€4k-€-4k€10k€-5k€7k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-10k€-5k€0€5k€10kOperating result 2021: €6k€6kNet result 2021: €4k€4kOperating result 2022: €-2k€-2kNet result 2022: €-4k€-4kOperating result 2023: €12k€12kNet result 2023: €10k€10kOperating result 2024: €-4k€-4kNet result 2024: €-5k€-5kOperating result 2025: €8k€8kNet result 2025: €7k€7k20212022202320242025
The operating result returns to profit in 2025: €8k after a loss of €4k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €237k
Fixed assets €214k▼ 12.0%
Current assets €23k▲ 59.3%
Equity and liabilities €237k
Equity €5k
Debt €232k
Debt finances 97.7% of the balance-sheet total.
Key figures and ratios
2025 value · change against 2024
EBITDA
€44k
2024 · €31k
Cash flow
€43k
2024 · €30k
Solvency
2.3%
2024 · -0.7%
Current ratio
0.12
2024 · 0.06
Quick ratio
0.12
2024 · 0.06
Debt / equity
42.84
ROE
133.1%
2024 · 281.9%
ROA
3.0%
2024 · -2.0%
Interest coverage
31.93
2024 · 22.51
Debt
€232k
2024 · €260k
Debt ≤ 1 year
€195k
2024 · €241k
Debt > 1 year
€36k
2024 · €19k
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€237k
Fixed assets21/28€243k€214k
Tangible fixed assets22/27€242k€214k
Land and buildings22€205k€186k
Plant, machinery and equipment23€4k€5k
Furniture and vehicles24€34k€22k
Financial fixed assets28€756-
Current assets29/58€15k€23k
Amounts receivable within one year40/41€9k€3k
Trade receivables40€7k€1k
Other amounts receivable41€2k€1k
Cash at bank and in hand54/58€1k€15k
Deferred charges and accrued income490/1€4k€5k
Equity and liabilities
Total equity and liabilities10/49€258k€237k
Equity10/15€-2k€5k
Contributions10/11€47k€47k=
Reserves13€5k€5k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€3k€3k=
Profit (loss) carried forward14€-54k€-47k
Amounts payable17/49€260k€232k
Amounts payable after more than one year17€19k€36k
Financial debts170/4€19k€36k
Amounts payable within one year42/48€241k€195k
Current portion of amounts payable after more than one year42€19k€18k
Trade debts44€4k€3k
Suppliers440/4€4k€3k
Taxes, remuneration and social security45-€56
Taxes450/3-€56
Other amounts payable47/48€218k€174k
Accrued charges and deferred income492/3-€510
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€35k€36k
Other operating charges640/8€5k€5k
Gross operating margin9900€36k€49k
Operating profit (loss)9901€-4k€8k
Financial income75/76B-€340
Recurring financial income75-€340
Financial charges65/66B€1k€1k
Recurring financial charges65€1k€1k
Profit (loss) for the period before taxes9903€-5k€7k
Profit (loss) for the period9904€-5k€7k
Profit (loss) for the period to be appropriated9905€-5k€7k
Appropriation of the result
Profit (loss) to be appropriated9906€-54k€-47k
Profit (loss) brought forward from the previous period14P€-49k€-54k

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
19-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 19 days late
2025
31-12
Financial Back to profitnet €7k
Net result €7k after one loss-making year.
30-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
27-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
31-12
Financial Back to profitnet €10k
Net result €10k after one loss-making year.
21-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 21 days late
2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial Back to profitnet €4k
Net result €4k after one loss-making year.
31-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial Weakest financial yearnet €-25k ▼514%
Net result drops to €-25k, the lowest in the series; recovery starts the following year.
21-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 113 days late
2019
31-12
Financial Back to profitnet €6k
Net result €6k after one loss-making year.
29-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
31-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
01-09
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 32 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
4 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, Pajottegem · 1 establishment unit since 2000
establishment The establishment unit on the map
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.

Plaatsstraat 431570 Pajottegem
Ground area
3,027 m²
Building footprint
171 m²
Volume, LiDAR
902 m³
Parcel 23087B0580/00E000, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Plaatsstraat 43, 1570 Pajottegem
Raising of dairy cattle
since 20002.101.062.956
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23087B0580/00E000 Flanders 3,026 m² 1 · 171 m² 9.6 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2022 to 2024 · 3 entries · 476 EUR awarded · 476 EUR paid
Year Entries awardedpaid
2024 1 270 EUR270 EUR
2023 1 93 EUR93 EUR
2022 1 113 EUR113 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
3 entries · 476 EUR · 476 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 806 companies in sector 73120 we hold annual accounts for 278. 81 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded29-09-2000
Fiscal year end31-12
Activities, NACEBEL
73120Media representation
74402
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers

Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.