PUBLICOM
ActivePUBLICOM has been active since 1982 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €231k and a net result of €-28k. Equity is shrinking by ~4.5% per year across the filed fiscal years. Its solvency ranks better than 95% of 709 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability4▼-8
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 19.92 against 31.23 in 2024; short-term debt: 1.5% and cash: 23.6% of total assets), and 1.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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
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 2025Solvency, return and age of the figures
Solvency
98.5%
Return on assets
-11.9%
Age of the figures
18 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
192122232425
2019 to 2025 · latest year €-28k
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 03-11-2025, 3 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
3 d late
2024
on the day
2023
139 d early
2022
94 d early
2021
124 d early
2019
36 d early
2018
34 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close23-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-28k▼ 95.0%
2024 · €-14k
2019: €-55k
2021: €410k
2022: €-17k
2023: €-7k
2024: €-14k
2019 → 2025
Working capital
€66k▼ 4.3%
2024 · €69k
2019: €-350k
2021: €160k
2022: €26k
2023: €20k
2024: €69k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€297k-€280k▼ 5.6%€273k▼ 2.6%€259k▼ 5.2%€231k▼ 10.7%
Operating result€492k-€-21k€-10k▲ 50.8%€-14k▼ 36.1%€-28k▼ 100%
Net result€410k-€-17k€-7k▲ 56.0%€-14k▼ 96.4%€-28k▼ 95.0%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €28k in 2025 against €14k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €234k
Fixed assets
€164k▼ 13.1%
Current assets
€70k▼ 2.4%
Equity and liabilities €234k
Equity
€231k▼ 10.7%
Debt
€4k▲ 53.0%
The debt ratio rises from 0.9% to 1.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-17k▼
2024 · €-4k
Cash flow
€-17k▼
2024 · €-4k
Solvency
98.5%▼
2024 · 99.1%
Current ratio
19.92▼
2024 · 31.23
Quick ratio
19.92▼
2024 · 31.23
Debt / equity
0.02▲
2024 · 0.01
ROE
-12.0%▼
2024 · -5.5%
ROA
-11.9%▼
2024 · -5.5%
Interest coverage
-114.14▼
2024 · -21.73
Debt
€4k▲
2024 · €2k
Debt ≤ 1 year
€4k▲
2024 · €2k
Income taxes
€1k▼
2024 · €3k
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€261k€234k▼
Fixed assets21/28€189k€164k▼
Tangible fixed assets22/27€131k€126k▼
Land and buildings22€121k€114k▼
Plant, machinery and equipment23€875€1k▲
Furniture and vehicles24€5k€7k▲
Other tangible fixed assets26€5k€4k▼
Financial fixed assets28€58k€38k▼
Current assets29/58€72k€70k▼
Amounts receivable within one year40/41€13k€13k▲
Other amounts receivable41€13k€13k▲
Cash at bank and in hand54/58€58k€55k▼
Deferred charges and accrued income490/1€1k€1k▼
Equity and liabilities
Total equity and liabilities10/49€261k€234k▼
Equity10/15€259k€231k▼
Contributions10/11€74k€74k=
Reserves13€213k€207k▼
Tax-exempt reserves132€82k€75k▼
Distributable reserves133€131k€131k=
Profit (loss) carried forward14€-29k€-50k▼
Amounts payable17/49€2k€4k▲
Amounts payable within one year42/48€2k€4k▲
Trade debts44€1k€2k▲
Suppliers440/4€1k€2k▲
Taxes, remuneration and social security45€1k€1k=
Taxes450/3€1k€1k=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€11k▲
Other operating charges640/8€4k€4k▲
Gross operating margin9900€279€-13k▼
Operating profit (loss)9901€-14k€-28k▼
Financial income75/76B€3k€2k▼
Recurring financial income75€3k€2k▼
Financial charges65/66B€175€153▼
Recurring financial charges65€175€153▼
Profit (loss) for the period before taxes9903€-11k€-27k▼
Income taxes67/77€3k€1k▼
Profit (loss) for the period9904€-14k€-28k▼
Transfer from tax-exempt reserves789€7k€7k=
Profit (loss) for the period to be appropriated9905€-8k€-21k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-29k€-50k▼
Profit (loss) brought forward from the previous period14P€-22k€-29k▼
The notes to these accounts (8 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
2025
03-11
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 3 days late
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
31-03
Financial
Liquidity times 5current ratio 31.23
Current ratio from 6.18 to 31.23; short-term debt falls from €4k to €2k.
2023
14-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
31-03
Financial
Back to profitnet €410k
Net result €410k after one loss-making year.
31-03
Financial
Liquidity times 3029current ratio 12.49
Current ratio from 0.00 to 12.49; short-term debt falls from €351k to €14k.
31-03
Financial
Equity above €200kEq €297k
Equity rises from €-90k to €297k.
2019
25-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
22-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
03-10
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2015
07-10
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
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, Lasne
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.
Rue des Tiennes 171380 LasneGround area
9,754 m²
Building footprint
211 m²
Parcel 25051F0318/00F000, Wallonia. Linked by address, not a title deed.
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25051F0318/00F000 | Wallonia | 9,754 m² | 1 · 211 m² | - |
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 9,860 companies in sector 73110 we hold annual accounts for 3,753. 2,738 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-09-1982
Fiscal year end31-03
Activities, NACEBEL
73110Advertising agencies
74401
Sources
Crossroads Bank for EnterprisesNational Bank · 41 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.