Publimail
ActivePublimail has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €69k and a net result of €-746. Equity remains stable across the filed fiscal years (±0.4% per year). Its solvency ranks better than 36% of 6965 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
63
/ 100
Healthy▲ +8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency71▲+1
Growth78=
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 1.61 against 1.59 in 2024), but 63.3% 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
36.7%
Return on assets
-0.4%
Age of the figures
8 mo
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 28-04-2026, 94 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
94 d early
2024
79 d early
2023
70 d early
2022
90 d early
2021
12 d early
2020
81 d early
2019
92 d early
← 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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-746▲ 19.2%
2024 · €-924
2018: €-938
2019: €-557
2020: €-825
2021: €-3k
2022: €-509
2023: €8k
2024: €-924
2018 → 2025
Working capital
€71k▼ 0.5%
2024 · €71k
2018: €69k
2019: €69k
2020: €68k
2021: €65k
2022: €64k
2023: €72k
2024: €71k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€63k-€62k▼ 0.8%€70k▲ 12.9%€70k▼ 1.3%€69k▼ 1.1%
Operating result€-3k-€-405▲ 85.8%€9k€-699€-465▲ 33.4%
Net result€-3k-€-509▲ 82.7%€8k€-924€-746▲ 19.2%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €465 in 2025 against €699 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €187k
Equity
€69k▼ 1.1%
Debt
€118k▼ 3.8%
The debt ratio falls from 63.9% to 63.3%: debt falls faster than equity shrinks.
Key figures and ratios
Solvency
36.7%▲
2024 · 36.1%
Current ratio
1.61▲
2024 · 1.59
Quick ratio
1.61▲
2024 · 1.59
Debt / equity
1.72▼
2024 · 1.77
ROE
-1.1%▲
2024 · -1.3%
ROA
-0.4%▲
2024 · -0.5%
Debt
€118k▼
2024 · €123k
Debt ≤ 1 year
€116k▼
2024 · €121k
Income taxes
€223
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€193k€187k▼
Current assets29/58€193k€187k▼
Amounts receivable within one year40/41€76k€77k▲
Other amounts receivable41€76k€77k▲
Current investments50/53€75k€75k=
Cash at bank and in hand54/58€42k€35k▼
Equity and liabilities
Total equity and liabilities10/49€193k€187k▼
Equity10/15€70k€69k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€6k€6k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Profit (loss) carried forward14€1k€584▼
Amounts payable17/49€123k€118k▼
Amounts payable within one year42/48€121k€116k▼
Trade debts44€120k€116k▼
Suppliers440/4€120k€116k▼
Taxes, remuneration and social security45€891€223▼
Taxes450/3€891€223▼
Accrued charges and deferred income492/3€2k€2k▲
Income statement
Code20242025
Other operating charges640/8€437€400▼
Gross operating margin9900€-261€-66▲
Operating profit (loss)9901€-699€-465▲
Financial charges65/66B€225€58▼
Recurring financial charges65€225€58▼
Profit (loss) for the period before taxes9903€-924€-524▲
Income taxes67/77-€223
Profit (loss) for the period9904€-924€-746▲
Profit (loss) for the period to be appropriated9905€-924€-746▲
Appropriation of the result
Profit (loss) to be appropriated9906€1k€584▼
Profit (loss) brought forward from the previous period14P€2k€1k▼
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
13-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
22-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €8k
Net result €8k after 5 loss-making years.
02-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-3k
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
11-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
21-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
11-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
19-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Brussel · 1 establishment unit since 1986
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.
Meudonstraat 601120 BrusselGround area
344 m²
Parcel 21819B0187/00K002, Brussels. Linked by address, not a title deed.
1 establishment unit
Meudonstraat 60, 1120 Brussel
since 19862.037.118.279
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21819B0187/00K002 | Brussels | 344 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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IMPACTO
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Op Naam Van
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PEP.BE
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Antwerpen · Eq €69k
Of 9,807 companies in sector 73110 we hold annual accounts for 3,724. 3,013 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded06-05-1986
Fiscal year end31-12
Activities, NACEBEL
73110Advertising agencies
74401
52250Logistics services
52290Warehousing and support activities for transportation
63406
74853
82100Office administrative and support services
82110Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 39 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:francois.bonami@themailingfactory.be