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PUBLICA - PROMO - TION

Open bankruptcy
Coöperatieve vennootschap met beperkte aansprakelijkheidfounded 1989Parc Industriel(W-B) 30, 1440 Braine-le-Château, BelgiumKBO/BCE: BE 0438.311.821

A bankruptcy procedure is open for PUBLICA - PROMO - TION according to publications in the Belgian State Gazette; curator: MAGALI VANDENBOSSCHE.

Summary

The 2022 annual accounts show equity of €899k and a net result of €-22k.

Signals

Two signals.
+raises risk
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
Checked, nothing found (1)
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 2022, micro schema

Equity
€899k▼ 2.4%
2021 · €921k
2018: €869k 2019: €860k 2020: €915k 2021: €921k
2018 → 2022
Total assets
€1.02M▼ 3.4%
2021 · €1.05M
2018: €1.07M 2019: €1.09M 2020: €1.05M 2021: €1.05M
2018 → 2022
Net result
€-22k
2021 · €6k
2018: €8k 2019: €-9k 2020: €55k 2021: €6k
2018 → 2022
Working capital
€945k▼ 2.0%
2021 · €964k
2018: €964k 2019: €1.00M 2020: €965k 2021: €964k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20182019202020212022Trend
Equity€869k-€860k▼ 1.1%€915k▲ 6.4%€921k▲ 0.7%€899k▼ 2.4%
Operating result€29k-€11k▼ 63.1%€96k▲ 804%€13k▼ 86.3%€-17k
Net result€8k-€-9k€55k€6k▼ 88.9%€-22k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-50k€0€50k€100kOperating result 2018: €29k€29kNet result 2018: €8k€8kOperating result 2019: €11k€11kNet result 2019: €-9k€-9kOperating result 2020: €96k€96kNet result 2020: €55k€55kOperating result 2021: €13k€13kNet result 2021: €6k€6kOperating result 2022: €-17k€-17kNet result 2022: €-22k€-22k20182019202020212022€-50k€0€50k€100kOperating result 2020: €96k€96kNet result 2020: €55k€55kOperating result 2021: €13k€13kNet result 2021: €6k€6.1kOperating result 2022: €-17k€-17kNet result 2022: €-22k€-22k202020212022
The operating result turns negative in 2022: a loss of €17k after €13k in 2021, the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €1.02M
Fixed assets €2k =
Current assets €1.01M ▼ 3.4%
Equity and liabilities €1.02M
Equity €899k ▼ 2.4%
Debt €117k ▼ 10.6%
Debt's share of the balance-sheet total falls from 12.4% to 11.5%. Equity and debt are lower.
Key figures and ratios
2022 value · change against 2021
Current ratio
14.67
2021 · 12.25
Debt to equity
0.13
2021 · 0.14
ROE
-2.4%
2021 · 0.7%
ROA
-2.1%
2021 · 0.6%
Debt ≤ 1 year
€69k
2021 · €86k
Staff costs
€1k
2021 · €2k
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 · 2022 against 2021 · 52 lines
Balance sheet Code20212022
Assets
Total assets20/58€1.05M€1.02M
Fixed assets21/28€2k€2k=
Tangible fixed assets22/27€0-
Financial fixed assets28€2k€2k=
Current assets29/58€1.05M€1.01M
Amounts receivable after more than one year29€941k€941k=
Other amounts receivable291€941k€941k=
Amounts receivable within one year40/41€108k€73k
Trade receivables40€107k€70k
Other amounts receivable41€964€2k
Cash at bank and in hand54/58€164€131
Equity and liabilities
Total equity and liabilities10/49€1.05M€1.02M
Equity10/15€921k€899k
Contributions10/11€19k€19k=
Outside capital11€19k€19k=
Other1109/19€19k€19k=
Reserves13€46k€46k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€44k€44k=
Profit (loss) carried forward14€856k€834k
Amounts payable17/49€131k€117k
Amounts payable within one year42/48€86k€69k
Current portion of amounts payable after more than one year42€0-
Financial debts43€18k€19k
Credit institutions430/8€18k€19k
Other loans439€0-
Trade debts44€50k€31k
Suppliers440/4€50k€31k
Bills of exchange payable441€0-
Advances received on contracts in progress46€0€15k
Taxes, remuneration and social security45€16k€3k
Taxes450/3€16k€3k
Remuneration and social security454/9€23€23=
Other amounts payable47/48€2k€2k=
Accrued charges and deferred income492/3€45k€48k
Income statement Code20212022
Remuneration, social security and pensions62€2k€1k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€539-
Other operating charges640/8€692€1k
Non-recurring operating charges66A€0-
Gross operating margin9900€16k€-14k
Operating profit (loss)9901€13k€-17k
Financial income75/76B€27€33
Recurring financial income75€27€33
Financial charges65/66B€5k€5k
Recurring financial charges65€5k€5k
Profit (loss) for the period before taxes9903€9k€-22k
Income taxes67/77€2k-
Profit (loss) for the period9904€6k€-22k
Profit (loss) for the period to be appropriated9905€6k€-22k
Appropriation of the result
Profit (loss) to be appropriated9906€856k€834k
Profit (loss) brought forward from the previous period14P€850k€856k

The notes to these accounts (4 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

2025
13-11
Bankruptcy Opening
Tribunal de l’entreprise du Brabant wallon · PUBLICA - PROMO - TION SCRL PARC INDUSTRIEL(W-B) 30 B, 1440 BRAINE-LE-CHATEAU · event 06-11-2025
2024
22-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 175 days late
2022
31-12
Financial Weakest financial yearnet €-22k ▼456%
Net result drops to €-22k, the lowest in the series.
27-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 88 days late
2021
24-11
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 116 days late
2020
31-12
Financial Back to profitnet €55k
Net result €55k after one loss-making year.
30-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
30-11
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 122 days late
2018
20-09
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 51 days late
2017
30-09
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 61 days late
2016
05-10
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 66 days late
2015
12-10
NBB filing Annual accounts filed
fiscal year 2014 · full schema · 73 days late
29-01
NBB filing Annual accounts filed
fiscal year 2013 · full schema · 182 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 act for this company is 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, Braine-le-Château · 1 establishment unit since 1989
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.

Parc Industriel(W-B) 301440 Braine-le-Château
Ground area
5,701 m²
Building footprint
1,089 m²
Volume, LiDAR
6,563 m³
Parcel 25111A0608/00P000, Wallonia · tallest building 6.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PUBLICA-PROMO-TION SC
Parc Industriel(W-B) 30, 1440 Braine-le-ChâteauWholesale trade
since 19892.044.868.282
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25111A0608/00P000 Wallonia 5,701 m² 1 · 1,089 m² 6.8 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.

Insolvency mandates

1 mandate
Role Name Tenure
Curator MAGALI VANDENBOSSCHE
DREVE RICHELLE 159 BTE 2 HALL C, 1410 WATERLOO
06-11-2025present

Similar companies · same sector, comparable size

Of 165 companies in sector 46491 we hold annual accounts for 91. 63 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 formCoöperatieve vennootschap met beperkte aansprakelijkheid
Founded04-09-1989
Fiscal year end31-12
Activities, NACEBEL 2025
46491Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.