PUBLI TAPTOE
ActivePUBLI TAPTOE has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €332k and a net result of €-140k. Equity is shrinking by ~7% per year across the filed fiscal years. Its solvency ranks better than 68% of 709 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
58
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-76
Solvency88▼-6
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity short (current ratio 0.79 against 0.99 in 2024; short-term debt: 33.4% and cash: 5.9% of total assets), and 37.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers 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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 d early
2024
16 d early
2023
44 d early
2022
30 d late
2021
2 d early
2020
31 d late
2019
on the day
← 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 monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-140k
2024 · €38k
2018: €2k
2019: €51k
2020: €-70k
2021: €12k
2022: €17k
2023: €-173k
2024: €38k
2018 → 2025
Working capital
€-38k▼ 1,929%
2024 · €-2k
2018: €305k
2019: €407k
2020: €410k
2021: €505k
2022: €593k
2023: €-98k
2024: €-2k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€591k-€607k▲ 2.8%€434k▼ 28.5%€472k▲ 8.8%€332k▼ 29.6%
Operating result€18k-€19k▲ 6.1%€-189k€28k€-140k
Net result€12k-€17k▲ 36.1%€-173k€38k€-140k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €140k after €28k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €530k
Fixed assets
€391k▼ 17.9%
Current assets
€140k▼ 33.7%
Equity and liabilities €530k
Equity
€332k▼ 29.6%
Debt
€198k▼ 7.7%
The debt ratio rises from 31.2% to 37.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-28k▼
2024 · €138k
Cash flow
€-28k▼
2024 · €148k
Solvency
62.7%▼
2024 · 68.8%
Current ratio
0.79▼
2024 · 0.99
Quick ratio
0.79▼
2024 · 0.99
Debt / equity
0.60▲
2024 · 0.45
ROE
-42.0%▼
2024 · 8.1%
ROA
-26.4%▼
2024 · 5.5%
Interest coverage
-17.22▼
2024 · 175.27
Debt
€198k▼
2024 · €214k
Debt ≤ 1 year
€177k▼
2024 · €212k
Debt > 1 year
€19k
Income taxes
€614▼
2024 · €653
Staff costs
€367k▲
2024 · €331k
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€686k€530k▼
Fixed assets21/28€476k€391k▼
Intangible fixed assets21€400k€300k▼
Tangible fixed assets22/27€76k€90k▲
Land and buildings22€30k€30k=
Plant, machinery and equipment23-€598
Furniture and vehicles24€43k€58k▲
Other tangible fixed assets26€3k€2k▼
Financial fixed assets28€500€500=
Current assets29/58€210k€140k▼
Amounts receivable within one year40/41€149k€107k▼
Trade receivables40€149k€107k▼
Other amounts receivable41€0-
Cash at bank and in hand54/58€61k€31k▼
Deferred charges and accrued income490/1€604€1k▲
Equity and liabilities
Total equity and liabilities10/49€686k€530k▼
Equity10/15€472k€332k▼
Contributions10/11€297k€297k=
Capital10€297k€297k=
Issued capital100€297k€297k=
Reserves13€175k€47k▼
Non-distributable reserves130/1€20k€20k=
Legal reserve130€20k€20k=
Tax-exempt reserves132€28k€28k=
Distributable reserves133€128k€0▼
Profit (loss) carried forward14-€-12k
Amounts payable17/49€214k€198k▼
Amounts payable after more than one year17-€19k
Financial debts170/4-€19k
Amounts payable within one year42/48€212k€177k▼
Current portion of amounts payable after more than one year42-€6k
Trade debts44€70k€11k▼
Suppliers440/4€70k€11k▼
Taxes, remuneration and social security45€49k€113k▲
Taxes450/3€14k€30k▲
Remuneration and social security454/9€35k€84k▲
Other amounts payable47/48€93k€47k▼
Accrued charges and deferred income492/3€2k€2k=
Income statement
Code20242025
Remuneration, social security and pensions62€331k€367k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€110k€112k▲
Other operating charges640/8€3k€2k▼
Gross operating margin9900€471k€341k▼
Operating profit (loss)9901€28k€-140k▼
Financial income75/76B€11k€3k▼
Recurring financial income75€11k€3k▼
Financial charges65/66B€786€2k▲
Recurring financial charges65€786€2k▲
Profit (loss) for the period before taxes9903€39k€-139k▼
Income taxes67/77€653€614▼
Profit (loss) for the period9904€38k€-140k▼
Profit (loss) for the period to be appropriated9905€38k€-140k▼
Appropriation of the result
Profit (loss) to be appropriated9906€38k€-140k▼
Transfer from equity791/2€0€128k▲
Transfer to equity691/2€38k€0▼
To the legal reserve6920€2k€0▼
To other reserves6921€36k€0▼
Social balance
Average headcount (FTE)90874.43.9▼
The notes to these accounts (21 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
2026
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €38k
Net result €38k after one loss-making year.
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €-173k ▼1139%
Net result drops to €-173k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Highest result since 2018net €51k ▲2882%
Net result €51k, the highest in the series.
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 20 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
01-01-2026
Luiz De Baets: Resigned as Director
03-02-2020
Pieter De Baets: Resigned as Director
05-12-2019
Pieter De Baets: Resigned as Managing director
Location & real-estate footprint
Registered office, Eeklo · 1 establishment unit since 2003
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.
Raverschootstraat 292A9900 EekloGround area
783 m²
Building footprint
365 m²
Volume, LiDAR
621 m³
Parcel 43352F0074/00M000, Flanders · tallest building 14.9 m. Linked by address, not a title deed.
1 establishment unit
PUBLI TAPTOE / HKM / HandelKM / Handelskilometer
since 20032.132.942.995
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43352F0074/00M000 | Flanders | 783 m² | 1 · 365 m² | 14.9 m |
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.
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Of 9,862 companies in sector 73110 we hold annual accounts for 3,755. 2,480 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded10-06-2003
Fiscal year end31-12
Activities, NACEBEL
73110Advertising agencies
74401
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.