Skip to content

PUBLIKADO

Active
Private limited companyfounded 1984active for 42 yearsLuikersteenweg 63, 3800 Sint-Truiden, BelgiumKBO/BCE: BE 0425.822.971
Summary

PUBLIKADO has been active since 1984 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €73,922 and a net result of -€9,980. Equity is shrinking by about 18% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2028. The computed 12-month bankruptcy probability is 0.5% (very low).

Overview

Activity
Wholesale of non-electrical household articles
NACE 46494
2 sites
Size
€153,270total assets 2025
Equity
€73,922
Loss
-€9,980
Turnover not published (micro format)
Financial health
81 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Structure
Parent
JM SOLUTIONS · 99.87%
Accounts filed 17 days late3 of 5 deeds read
Why 81raises risk1 change of registered office in 24 monthsLoss of €9,980 (financial year 2025)lowers riskLiquidity: current ratio 2.40, cash €27,421Founded in 1984Show the evidence

Checked score

Score 2025
81 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 40% of its sector peers (NACE 46, micro)
Financial strength · tick = 2024
Average
Solvency 73-6
equity 48.2% of total assets
Liquidity 53-13
short-term debt 41.5% · cash 17.9%
Profitability 21-79
return on assets -6.5%
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,862 companies, NACE 46, micro)
Last 24 months 11-2024: 0.7% 12-2024: 0.7%● unchanged vs 11-2024 01-2025: 0.8%▲ +0.1 percentage points vs 12-2024 02-2025: 0.9%▲ +0.1 percentage points vs 01-2025 03-2025: 1.1%▲ +0.2 percentage points vs 02-2025 04-2025: 1.3%▲ +0.2 percentage points vs 03-2025 05-2025: 2.0%▲ +0.7 percentage points vs 04-2025 06-2025: 2.7%▲ +0.7 percentage points vs 05-2025 07-2025: 4.7%▲ +2.0 percentage points vs 06-2025 08-2025: 5.0%▲ +0.3 percentage points vs 07-2025highest value 09-2025: 0.2%▼ -4.8 percentage points vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: < 0.1%▼ -0.2 percentage points vs 12-2025lowest value 02-2026: 0.2%▲ +0.2 percentage points vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.3%▲ +0.1 percentage points vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.6%▲ +0.3 percentage points vs 07-2026 09-2026: 0.5%▼ -0.1 percentage points vs 08-2026 10-2026: 0.5%● unchanged vs 09-2026
Credit of up to €5,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.4, compared with 2.74 in 2024, above the usual 1.5; short-term debt: 41.5% and cash: 17.9% of total assets), but 51.8% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 46, micro): better than 56% on solvency, 57% on liquidity, 23% on profitability and 24% on growth.

The bankruptcy probability was computed on 21-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Liquidity: current ratio 2.40, cash €27,421
NBB · annual accounts
lowers risk · Founded in 1984
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Loss of €9,980 (financial year 2025)
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-08-2026, 17 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
17 days late
2024
18 days late
2023
1 day early
2022
23 days late
2021
18 days late
2020
31 days late
2019
363 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 67 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
22-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. RestructuringMerger · Shareholding · Share…
  2. Annual accounts filedfinancial year 2025 · micro…
  3. Registered officeRegistered-office move

Key points

  • Caution: From profit to loss in 2025after €304,146 in 2024 -€9,980 View
  • Controlled by JM SOLUTIONS 99.87% View
  • Active since 1984founded 07-06-1984 42 years View

By topic

Financials

Financial year
2025
Total assets
€153,270
Loss
-€9,980
Solvency
48.2%
Total assets▼ 1.5%
Net result
20192025
Go to Financials

Board & ownership

Board
1 member
Parent
JM SOLUTIONS · 99.87%
  • SCHROYEN John Louis Marie-EliseDirector
Go to Board & ownership

Timeline

Events
47
Since
1985
Next accounts
by 31-07-2027
  1. 18-08-2025Annual accounts filed
  2. 31-12-2024Back to profit
  3. 31-12-2024Liquidity more than quadruples
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
Wholesale of non-electrical household articlesNACE 46494
Founded
07-06-1984
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
14
Annual meeting
Third Friday of June
Purpose
“De fabricage, zowel ambachtelijk als industrieel, de aan- en verkoop, de verhandeling in…” (deed in Dutch)
Go to Articles of association

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.