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PUBLI - MARKET

Active
Private limited companyfounded 1976active for 50 yearsWaterleidingsstraat 171, 1050 Elsene, BelgiumKBO/BCE: BE 0416.194.237

From the official registers: KBO 48 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

PUBLI - MARKET has been active since 1976 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €253,986 and a net result of €97,372. Equity has been growing by about 7.9% per year since 2019. Its solvency ranks better than 42% of 844 sector peers (NACE 73, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

KBO
Status
Active since 29-06-1976 Normal situation
Legal form
Private limited company
Registered office
Waterleidingsstraat 171, 1050 Elsene
Activity
Advertising agencies NACE 73110and 7 others
Establishment unit
2.012.457.020 1050 Elsene, since 01-07-1976
Financial year end
31 March
Peppol
Reachable since 09-12-2025

Financial position

95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts to 31-03-2025
Gross margin
€236,230
▲ 93.7%
Turnover
≈ €440,000
estimated
Profit
€97,372
▲ 459%
Equity
€253,986
▲ 21.5%
Total assets
€724,864
▲ 33.7%
Staff
1 FTE
=
2026 accounts not filed, 1 day past the deadline
Filed on 31-10-2025PDF
Score breakdownraises riskFigures for financial year 2025 (filed on 04-11-2025)lowers riskFounded in 1976Liquidity: current ratio 1.38, cash €395,382Size: 1 FTE, total assets €724,864Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 57% of micro companies in advertising and market research (NACE 73)
Financial strength · tick: 2024
Strong
Solvency 60-4
equity 35.0% of total assets
Liquidity 66-2
short-term debt 64.7% · cash 54.5%
Profitability 86+13
return on assets 13.4%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (11,227 companies, NACE 73, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.2%▲ +0.1 percentage points vs 10-2025highest value 12-2025: < 0.1%▼ -0.2 percentage points vs 11-2025lowest value 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026lowest value 03-2026: < 0.1%● unchanged vs 02-2026lowest value 04-2026: < 0.1%● unchanged vs 03-2026lowest value 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: 0.1%▲ +0.1 percentage points vs 09-2026
Credit of up to €24,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.38 (1.46 in 2024), below the usual 1.5. Short-term debt is 64.7% and cash 54.5% of total assets. 65% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 73, micro). It does better than 37% of them on solvency, 58% on liquidity, 62% on profitability and 71% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 1976
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 1.38, cash €395,382
NBB · annual accounts
raises risk · Figures for financial year 2025 (filed on 04-11-2025)
NBB · annual accounts
lowers risk · Size: 1 FTE, total assets €724,864
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
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 31-10-2025, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
not filed
2025
on the day
2024
3 days early
2023
on the day
2022
on the day
2021
18 days late
2020
17 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 5 days after the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Result rose in 2025from €17,411 to €97,372 ▲ 459% View
  • Positive: 5 profitable years in a rowprofit 2025: €97,372 5 years View

Documents

Annual accounts at the NBB

All 48 annual accounts

Articles and registers

Key facts about PUBLI - MARKET

What is the company number of PUBLI - MARKET?
The company number of PUBLI - MARKET is 0416.194.237. The VAT number is the same number with BE in front: BE 0416.194.237.
Where is PUBLI - MARKET based?
The registered office is at Waterleidingsstraat 171, 1050 Elsene.Company details
What does PUBLI - MARKET do?
According to the KBO register, the main activity is advertising agencies (NACE 73110).
What is the legal form of PUBLI - MARKET?
The legal form of PUBLI - MARKET is Private limited company (BV).
When was PUBLI - MARKET founded?
PUBLI - MARKET was founded on 29-06-1976.
Is PUBLI - MARKET still active?
Yes, PUBLI - MARKET is an active enterprise in the KBO register.
How many employees does PUBLI - MARKET have?
PUBLI - MARKET had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of PUBLI - MARKET?
The turnover in financial year 2025 is ≈ €440,000. This figure is estimated from the gross margin of €236,230 and 38 comparable companies (NACE 73). It probably lies between €330,000 and €870,000. In financial year 2020 turnover was €2.0m.
Is PUBLI - MARKET profitable?
In financial year 2025, PUBLI - MARKET made a profit of €97,372.
Where can I find the annual accounts of PUBLI - MARKET?
PUBLI - MARKET filed 48 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)

Comparable companies

These companies have the same main activity as PUBLI - MARKET: advertising agencies (NACE 73110). They are comparable in size and age: total assets between €460,000 and €877,000, founded between 1976 and 1996.

CompanyTotal assetsGross margin
PUBLI - MARKET Elsene€724,864€236,230
DECOREX Vorst€732,203€159,752
CRESCENDO Schilde€876,665€173,547
PUBLICA Dessel€742,984€200,872
EFFEKT Schilde€560,232€116,382
ACTIGROUP Ganshoren€802,579€153,952
ITERSYS Sint-Gillis (bij-Brussel)€460,356€165,391
Full comparison

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