Publiwereld
ActivePubliwereld has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €214k and a net result of €34k. Equity is growing by ~9.4% per year across the filed fiscal years. Its solvency ranks better than 46% of 6974 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▲+1
Solvency74▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity ample (current ratio 2.5 against 2.47 in 2024; short-term debt: 17.9% and cash: 32.1% of total assets), but 51.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
48.8%
Return on assets
7.6%
Age of the figures
9 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 06-05-2026, 86 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
86 d early
2024
128 d early
2023
54 d early
2022
123 d early
2021
31 d late
2020
57 d early
2019
40 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€214k▲ 6.8%
2024 · €201k
2018: €114k
2019: €130k
2020: €150k
2021: €168k
2022: €190k
2023: €212k
2024: €201k
2018 → 2025
Total assets
€439k▼ 0.8%
2024 · €442k
2018: €157k
2019: €208k
2020: €221k
2021: €206k
2022: €420k
2023: €426k
2024: €442k
2018 → 2025
Net result
€34k▲ 19.5%
2024 · €28k
2018: €23k
2019: €16k
2020: €20k
2021: €37k
2022: €56k
2023: €21k
2024: €28k
2018 → 2025
Working capital
€117k▲ 7.3%
2024 · €109k
2018: €115k
2019: €131k
2020: €143k
2021: €156k
2022: €122k
2023: €129k
2024: €109k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€168k-€190k▲ 13.4%€212k▲ 11.1%€201k▼ 5.1%€214k▲ 6.8%
Operating result€53k-€72k▲ 36.3%€35k▼ 51.5%€45k▲ 28.0%€53k▲ 17.9%
Net result€37k-€56k▲ 50.1%€21k▼ 62.4%€28k▲ 32.9%€34k▲ 19.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 18% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €439k
Fixed assets
€243k▼ 6.0%
Current assets
€196k▲ 6.6%
Equity and liabilities €439k
Equity
€214k▲ 6.8%
Provisions
€13k=
Debt
€212k▼ 7.5%
The debt ratio falls from 51.7% to 48.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€77k▲
2024 · €68k
Cash flow
€58k▲
2024 · €51k
Solvency
48.8%▲
2024 · 45.4%
Current ratio
2.50▲
2024 · 2.47
Quick ratio
2.23▲
2024 · 2.22
Debt / equity
0.99▼
2024 · 1.14
ROE
15.6%▲
2024 · 14.0%
ROA
7.6%▲
2024 · 6.3%
Interest coverage
13.09▲
2024 · 10.73
Debt
€212k▼
2024 · €229k
Debt ≤ 1 year
€78k▲
2024 · €74k
Debt > 1 year
€132k▼
2024 · €153k
Income taxes
€13k▲
2024 · €11k
Staff costs
€2k▲
2024 · €2k
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€442k€439k▼
Fixed assets21/28€259k€243k▼
Intangible fixed assets21€3k€2k▼
Tangible fixed assets22/27€255k€241k▼
Land and buildings22€205k€199k▼
Plant, machinery and equipment23€35k€24k▼
Furniture and vehicles24€4k€10k▲
Leasing and similar rights25€5k€2k▼
Assets under construction and advance payments27€7k€7k=
Current assets29/58€184k€196k▲
Stocks and contracts in progress3€19k€21k▲
Stocks30/36€19k€21k▲
Amounts receivable within one year40/41€63k€34k▼
Trade receivables40€61k€34k▼
Other amounts receivable41€1k€628▼
Cash at bank and in hand54/58€102k€141k▲
Equity and liabilities
Total equity and liabilities10/49€442k€439k▼
Equity10/15€201k€214k▲
Contributions10/11€19k€19k=
Reserves13€182k€196k▲
Distributable reserves133€182k€196k▲
Profit (loss) carried forward14€0€0=
Provisions and deferred taxes16€13k€13k=
Provisions for liabilities and charges160/5€13k€13k=
Pensions and similar obligations160€6k€6k=
Environmental obligations163€7k€7k=
Amounts payable17/49€229k€212k▼
Amounts payable after more than one year17€153k€132k▼
Financial debts170/4€153k€132k▼
Amounts payable within one year42/48€74k€78k▲
Current portion of amounts payable after more than one year42€21k€21k▲
Trade debts44€3k€9k▲
Suppliers440/4€3k€9k▲
Taxes, remuneration and social security45€5k€20k▲
Taxes450/3€3k€18k▲
Remuneration and social security454/9€2k€2k=
Other amounts payable47/48€45k€28k▼
Accrued charges and deferred income492/3€1k€1k=
Income statement
Code20242025
Remuneration, social security and pensions62€2k€2k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€24k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€5k€0▼
Other operating charges640/8€2k€2k▲
Non-recurring operating charges66A€353€421▲
Gross operating margin9900€76k€81k▲
Operating profit (loss)9901€45k€53k▲
Financial income75/76B€390€153▼
Recurring financial income75€390€153▼
Financial charges65/66B€6k€6k▼
Recurring financial charges65€6k€6k▼
Profit (loss) for the period before taxes9903€39k€47k▲
Income taxes67/77€11k€13k▲
Profit (loss) for the period9904€28k€34k▲
Profit (loss) for the period to be appropriated9905€28k€34k▲
Appropriation of the result
Profit (loss) to be appropriated9906€28k€34k▲
Transfer from equity791/2€39k€20k▼
Transfer to equity691/2€28k€34k▲
To other reserves6921€28k€34k▲
Profit to be distributed694/7€39k€20k▼
Return on contributions (dividend)694€39k€20k▼
The notes to these accounts (14 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
06-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
25-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
07-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €200kEq €212k ▲11.1%
6 profitable years in a row build equity to €212k.
30-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €56k ▲50.1%
Operating result €72k, net result €56k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Equity above €150kEq €168k ▲12.1%
4 profitable years in a row build equity to €168k.
04-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
09-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 40 days late
2019
31-12
Financial
Weakest financial yearnet €16k ▼31.3%
Net result drops to €16k, the lowest in the series; recovery starts the following year.
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 20 days late
2018
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Kasterlee · 2 establishment units since 2009
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.
Pellemanstraat 762460 KasterleeGround area
4,678 m²
Building footprint
1,986 m²
Volume, LiDAR
7,422 m³
2 parcels, Flanders · tallest building 14.3 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
PUBLIWERELD
since 20092.179.073.920
PUBLIWERELD
since 20222.330.445.091
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13018F1401/00K000 | Flanders | 3,992 m² | 1 · 1,874 m² | 7.0 m · 2 fl. |
| 13017F0573/00T003 | Flanders | 685 m² | 1 · 113 m² | 14.3 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 9,862 companies in sector 73110 we hold annual accounts for 3,755. 2,775 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-06-2009
Fiscal year end31-12
Activities, NACEBEL
73110Advertising agencies
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.