PUBLIPRINT VAN HOLLEBEKE
ActivePUBLIPRINT VAN HOLLEBEKE has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €261k and a net result of €22k. Equity is shrinking by ~8.7% per year across the filed fiscal years. Its solvency ranks better than 21% of 709 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
61
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability68▼-6
Solvency36▲+1
Growth32=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity short (current ratio 0.81 against 0.81 in 2024; short-term debt: 50.8% and cash: 8.1% of total assets), and 88.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
11.1%
Return on assets
0.9%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 709 sector peers (2025).
NBB · sector comparisonPosition among 709 sector peers
Solvency
better than 21%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €261k
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 20-07-2026, 11 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
11 d early
2024
26 d late
2023
29 d late
2022
28 d late
2021
23 d late
2020
27 d late
2019
27 d late
← 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
22-09-2026 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
€22k▼ 78.5%
2024 · €100k
2018: €146k
2019: €-129k
2020: €7k
2021: €11k
2022: €403
2023: €-246k
2024: €100k
2018 → 2025
Working capital
€-225k▼ 13.2%
2024 · €-199k
2018: €138k
2019: €-7k
2020: €102k
2021: €80k
2022: €37k
2023: €-254k
2024: €-199k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€385k-€385k▲ 0.1%€139k▼ 63.9%€239k▲ 72.3%€261k▲ 9.0%
Operating result€63k-€39k▼ 37.6%€-213k€141k€76k▼ 46.0%
Net result€11k-€403▼ 96.3%€-246k€100k€22k▼ 78.5%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 46% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.35M
Fixed assets
€1.38M▼ 5.2%
Current assets
€968k▲ 10.5%
Equity and liabilities €2.35M
Equity
€261k▲ 9.0%
Debt
€2.09M▼ 0.3%
The debt ratio falls from 89.7% to 88.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€226k▼
2024 · €283k
Cash flow
€171k▼
2024 · €242k
Solvency
11.1%▲
2024 · 10.3%
Current ratio
0.81▼
2024 · 0.81
Quick ratio
0.56▲
2024 · 0.51
Debt / equity
8.00▼
2024 · 8.74
ROE
8.3%▼
2024 · 42.0%
ROA
0.9%▼
2024 · 4.3%
Interest coverage
5.81▼
2024 · 6.58
Debt
€2.09M▼
2024 · €2.09M
Debt ≤ 1 year
€1.19M▲
2024 · €1.07M
Debt > 1 year
€894k▼
2024 · €1.02M
Income taxes
€19k▲
2024 · €828
Staff costs
€942k▲
2024 · €890k
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€2.33M€2.35M▲
Fixed assets21/28€1.46M€1.38M▼
Tangible fixed assets22/27€1.46M€1.38M▼
Land and buildings22€1.30M€1.21M▼
Plant, machinery and equipment23€88k€91k▲
Furniture and vehicles24€56k€72k▲
Leasing and similar rights25€11k€6k▼
Current assets29/58€876k€968k▲
Stocks and contracts in progress3€328k€304k▼
Stocks30/36€328k€304k▼
Amounts receivable within one year40/41€390k€474k▲
Trade receivables40€389k€474k▲
Other amounts receivable41€143€218▲
Cash at bank and in hand54/58€159k€189k▲
Equity and liabilities
Total equity and liabilities10/49€2.33M€2.35M▲
Equity10/15€239k€261k▲
Contributions10/11€87k€87k=
Capital10€87k€87k=
Issued capital100€87k€87k=
Reserves13€320k€320k=
Non-distributable reserves130/1€59k€59k=
Legal reserve130€59k€59k=
Distributable reserves133€261k€261k=
Profit (loss) carried forward14€-167k€-146k▲
Amounts payable17/49€2.09M€2.09M▼
Amounts payable after more than one year17€1.02M€894k▼
Financial debts170/4€1.02M€894k▼
Amounts payable within one year42/48€1.07M€1.19M▲
Current portion of amounts payable after more than one year42€149k€158k▲
Financial debts43€150k€159k▲
Credit institutions430/8€150k€159k▲
Trade debts44€255k€274k▲
Suppliers440/4€255k€274k▲
Taxes, remuneration and social security45€99k€185k▲
Taxes450/3€25k€57k▲
Remuneration and social security454/9€74k€128k▲
Other amounts payable47/48€423k€418k▼
Income statement
Code20242025
Non-recurring operating income76A-€0
Remuneration, social security and pensions62€890k€942k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€142k€150k▲
Other operating charges640/8€25k€33k▲
Gross operating margin9900€1.20M€1.20M▲
Operating profit (loss)9901€141k€76k▼
Financial income75/76B€3k€3k▲
Recurring financial income75€3k€3k▲
Financial charges65/66B€43k€39k▼
Recurring financial charges65€43k€39k▼
Profit (loss) for the period before taxes9903€101k€41k▼
Income taxes67/77€828€19k▲
Profit (loss) for the period9904€100k€22k▼
Profit (loss) for the period to be appropriated9905€100k€22k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-167k€-146k▲
Profit (loss) brought forward from the previous period14P€-268k€-167k▲
Social balance
Average headcount (FTE)908716.015.5▼
The notes to these accounts (22 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
20-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 26 days late
2024
31-12
Financial
Back to profitnet €100k
Net result €100k after one loss-making year.
31-12
Financial
Equity above €200kEq €239k ▲72.3%
Equity rises from €139k to €239k.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
31-12
Financial
Weakest financial yearnet €-246k ▼61207%
Net result drops to €-246k, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 28 days late
2022
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 23 days late
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 27 days late
2020
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 27 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Torhout · 1 establishment unit since 2001
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.
Ringaertstraat 48820 TorhoutGround area
6,568 m²
Building footprint
2,732 m²
Volume, LiDAR
3,978 m³
Parcel 31523E0539/00M000, Flanders · tallest building 7.0 m. Linked by address, not a title deed.
1 establishment unit
PUBLIPRINT VAN HOLLEBEKE
since 20012.076.452.373
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31523E0539/00M000 | Flanders | 6,568 m² | 1 · 2,732 m² | 7.0 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 9,127 EUR awarded · 9,415 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,884 EUR | 2,884 EUR |
| 2024 | 1 | 1,577 EUR | 1,826 EUR |
| 2023 | 1 | 888 EUR | 927 EUR |
| 2022 | 1 | 3,778 EUR | 3,778 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 9,862 companies in sector 73110 we hold annual accounts for 3,755. 2,664 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded17-04-1996
Fiscal year end31-12
Activities, NACEBEL
18120Other printing
73110Advertising agencies
74401
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.