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PUNCH

Active Private limited company (pre-2019)founded 1993active for 33 yearsRue du Blacet 36, 5530 YvoirKBO/BCE: BE 0450.663.384 #3 oldest company in Yvoir, Professional and technical services sector

Lifetime

18 annual accounts with figures on one time axis, 32 filings since 1994
peak €87,049 (2009)
€42,592▲ 164%
lowest -€30,054 (2014)
€18,087▲ 65.3%
peak €25,443 (2025)
€25,443▲ 246%
€12,227▼ 47.9%
peak 3.2 FTE (2008)
-not published
Board1 name since 2022
1 director
Documentsfilings and deeds
15-07-202616 days before the deadline
2025micro format
Gross margin from €16,135 to €42,592Result from €10,941 to €18,087Equity from €7,356 to €25,443Debts from €23,455 to €12,227Cash from €7,400 to €14,522

Key points

from the 2025 annual accounts

Turnover

≈ €120,000 estimated

The accounts state no turnover.

Liquidity

3.08 was 1.31 in 2024

Short-term debts fell from €23,455 to €12,227.

Filings

32 annual accounts since 1994
AprilJune31 JulyOctober200020102020

Seven of the last ten came late. The 2023 accounts came latest: 89 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 31,386 companies had the same profile as PUNCH has now. Each dot stands for 79 companies, two years later.

93.4%
were still trading
6.0%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 31,386 companies, not a prediction for PUNCH. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0450663384
Registered office moved from Yvoir to YVOIR- Rue du Blacet New registered office: 5530 YVOIR- Rue du Blacet 36 C · Previous registered office: Avenue doyen Woine 8- 5530 YVOIR · Board meeting of 05-11-2019 · Gazette deed
New establishment in Yvoir Avenue Doyen-Roger-Woine 8
First establishment Rue du Blacet 36, Yvoir
All 44 events

Comparable companies

same main activity, similar in size and age
Company
PUNCH Yvoir €37,670 €42,592 67.5% -
SIMONIS CONSULTING Perwez €49,162 €38,414 77.3% -
DIGNITY SERVICE Ixelles €32,538 €62,057 -679.6% -
KOENDERS ROB Vosselaar €29,721 €31,294 -155.7% -
1 n 2 Ostend €48,816 €29,126 87.8% -
MARC BERGHMANS Waasmunster €29,598 €28,688 -22.2% -
E.I.P. Jette €41,553 €26,632 74.4% -

These companies have the same main activity as PUNCH: advertising agencies (NACE 73110). They are comparable in size and age: total assets between €29,600 and €49,200, founded between 1986 and 1998.

Official details

Source: KBO
Status
Active since 20-08-1993Normal situation
Activity
Advertising agenciesNACE 73110
Establishment units
2.063.441.4085530 Yvoir, since 10-09-1993
2.254.510.5235530 Yvoir, since 01-01-2016
Financial year end
31 December
Peppol
Reachable since 18-12-2025
Company details

Annual accounts 2025

€37,670▲ 22.3%
Filing
Filed on 15-07-2026, 16 days before the end of the filing period
Financials

Insights on PUNCH

PUNCH files the micro format. That format states no turnover. The gross margin fell from €81,192 in 2008 to €42,592 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about PUNCH

What is the company number of PUNCH?
The company number of PUNCH is 0450.663.384. The VAT number is the same number with BE in front: BE 0450.663.384.
Where is PUNCH based?
The registered office is at Rue du Blacet 36, 5530 Yvoir.Company details
What does PUNCH do?
According to the KBO register, the main activity is advertising agencies (NACE 73110).
What is the legal form of PUNCH?
PUNCH is a private limited company (pre-2019) (BVBA).
When was PUNCH founded?
PUNCH was founded on 20-08-1993.
Is PUNCH still active?
Yes, PUNCH is an active enterprise in the KBO register.
What is the turnover of PUNCH?
The turnover in financial year 2025 is ≈ €120,000. This figure is estimated from the gross margin of €42,592 and 44 comparable companies (NACE 73). It probably lies between €79,000 and €150,000.Financials
Is PUNCH profitable?
In financial year 2025, PUNCH made a profit of €18,087.
Where can I find the annual accounts of PUNCH?
PUNCH filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PUNCH due?
PUNCH must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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