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ROSSEL & Cie

Active Public limited companyfounded 1968active for 58 yearsKoningsstraat 100, 1000 BrusselsKBO/BCE: BE 0403.537.816 subsidiary of ROSSEL INVEST SRL#1 company by total assets in the Brussels-Capital Region, Publishing sector
Part of the group ROSSEL INVEST SRL 61 companies in 6 countries
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Lifetime

18 annual accounts with figures on one time axis, 49 filings since 1977
peak €123.0m (2023)
€108.8m▼ 6.4%
peak €46.4m (2020)
€26.1m▲ 26×
peak €247.4m (2023)
€243.5m▲ 0.5%
€89.4m▼ 16.6%
peak 375.3 FTE (2008)
215.9 FTE▼ 0.6%
Board26 names since 2003all names
8 directorsBernard MARCHANT and 7 others
Owners7 names in the annual accountsall names
Documentsfilings and deeds
18-08-202618 days late
2025financial year
Result from €986,017 to €26.1m1 director appointed, 8 reappointments, 2 statutory auditors… 21-10Merger: ROSSEL & CIE takes over ROSSEL SOP 25-04Merger proposal: SA ROSSEL & Cie takes over ROSSEL SOP 14-02Reappointment: MMB CONSULT (managing director) 20-01Dividend €24.9m

Key points

from the 2025 annual accounts

Equity

€243.5m ▲ 0.5%
242.32024+26.1Profit-24.9Dividend243.52025

ROSSEL & Cie paid out €24.9m in dividends. That is 95% of the 2025 profit.

Result

€26.1m ▲ 26×
€986,0002024€26m2025

The result rose in 2025: restructuring with ROSSEL SOP.

Staff

215.9 FTE from 375.3 in 2008

Between 2008 and 2025, 42% of the full-time equivalents disappeared.

Filings

49 annual accounts 84 filings since 1977
AprilJune31 JulyOctober1980199520102025

Six of the last ten came late. The 2017 accounts came latest: 80 days after the end of the period.

Public support

€8.7m paid from 2023 to 2025
202320242025

Wallonia-Brussels support, mostly Aide à la presse quotidienne écrite francophone.

Standalone figures, without subsidiaries

Group, consolidated 2025: turnover €597.4m, result €17.5m

Checked score

95
Excellent
Financially stronger than 58% of companies in publishing (NACE 58)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 23 companies (NACE 58, medium-sized).

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

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: < 0.1%▼ -0.1 percentage points vs 03-2025lowest value 05-2025: 0.1%▲ +0.1 percentage points vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026highest value 09-2026: 0.1%▼ -0.1 percentage points vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026

Financial strength
Strong

98+4equity 72.8% of total assets
51=short-term debt 15.1% · cash 3.2%
66+3return on assets 7.8%

Score breakdown

raises risk
Liquidity: current ratio 1.72, cash €10.6m
lowers risk
Size: turnover €108.8m, 215.9 FTE, total assets €334.5m, files consolidated accounts
Equity €243.5m (72.8% of total assets)
Founded in 1968
Calculation

The band follows from the bankruptcy probability. 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 58). It does better than 84% of them on solvency, 69% on liquidity, 47% on profitability and 31% on growth.

The bankruptcy probability was computed on 08-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit verdict

Credit of up to €10,850,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 1.72 (1.76 in 2024), above the usual 1.5. Short-term debt is 15.1% and cash 3.2% of total assets. 27.2% of the assets are financed with debt and provisions.

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

Signals

Five signals.
lowers riskraises risk
lowers risk · Size: turnover €108.8m, 215.9 FTE, total assets €334.5m, files consolidated accounts
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 1.72, cash €10.6m
NBB · annual accounts
lowers risk · Equity €243.5m (72.8% of total assets)
NBB · annual accounts
lowers risk · Founded in 1968
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 2025 accounts filed 18 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 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 · 5 filings
Deviation from the deadline
2025
18 days late
2024
on the day
2023
14 days late
2022
20 days early
2021
4 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 2 days after the deadline. In the sector (NACE 58), the median for financial year 2024 was 7 days before the deadline, and 37% 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. The company usually files around 31 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

MC
Daily manager, Bernard MARCHANT
BM
Director
MN
Director
LA
Director
CM
Director
CH
Director
and 2 others

Shares in 34 companies, including eFluenz and GROUPE SUDMEDIA

Board & ownership

Recent changes

1 director appointed, 8 reappointments, 2 statutory auditors reappointed Appointment: Laura WARNIER (independent director) · Reappointments: Camille MARCHANT, Laura WARNIER, Arnaud LAVIOLETTE, Charles HURBAIN, Maximilien DEFOURT, Michel NOZIERE and 4 others · Permanent representatives: Bernard MARCHANT and Grégoire DALLEMAGNE · General meeting of 25-06-2025 · Gazette deed
Merger: ROSSEL & CIE takes over ROSSEL SOP General meeting of 15-04-2025 · Gazette deed
Merger proposal: SA ROSSEL & Cie takes over ROSSEL SOP The company holds all the shares of ROSSEL SOP · Gazette deed
Reappointment: MMB CONSULT (managing director) Permanent representative: Bernard Marchant · General meeting of 25-11-2024 · Gazette deed
All 120 events

Comparable companies

same main activity, similar in size and age
Company
ROSSEL & Cie Brussels €108.8m 6.3% 72.8% 215.9
MEDIAHUIS Antwerp €297.7m -9.0% 49.1% 776.8
Mediahuis Partners Antwerp - - 89.3% -
-10%0%10%20%€2,000€20,000€200,000€2m€20m€200mROSSEL & CieEBIT margin

Grey: the largest companies of the sector (publishing (NACE 58)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as ROSSEL & Cie: publishing activities (NACE 58120). They are comparable in size and age: total assets between €180m and €1.3bn, founded between 1976 and 1989.

Official details

Source: KBO
Status
ActiveNormal situation
Registered office
34 active companies are registered at this addressSource: KBO register, as of 9 November 2026.
Activity
Publishing activitiesNACE 58120and 2 others
Joint committees
200Auxiliary committee for white-collar workers
130Printing, graphic arts and newspapers · annual accounts 2025
Establishment units
2.001.058.3321000 Brussels, since 01-07-1966
2.274.386.7141400 Nivelles, since 01-01-2018
Financial year end
31 December
Peppol
Reachable
Company details

Annual accounts 2025

€334.5m▼ 4.8%
Employeeson 31-12-2025
222▼ 2.2%
Filing
Filed on 18-08-2026
Financials

Insights on ROSSEL & Cie

ROSSEL & Cie has existed since 1968. Turnover grew from €74.6m in 2008 to €108.8m in 2025, while staff fell from 375.3 to 215.9 full-time equivalents.

ROSSEL INVEST SRL holds 90% of the shares. In January 2025, the Official Gazette published the appointment of MMB CONSULT as managing director.

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 ROSSEL & Cie

What is the company number of ROSSEL & Cie?
The company number of ROSSEL & Cie is 0403.537.816. The VAT number is the same number with BE in front: BE 0403.537.816.
Where is ROSSEL & Cie based?
The registered office is at Koningsstraat 100, 1000 Brussels.Company details
What does ROSSEL & Cie do?
According to the KBO register, the main activity is publishing activities (NACE 58120).
What is the legal form of ROSSEL & Cie?
ROSSEL & Cie is a public limited company (NV).
When was ROSSEL & Cie founded?
ROSSEL & Cie was founded on 01-01-1968.
Is ROSSEL & Cie still active?
Yes, ROSSEL & Cie is an active enterprise in the KBO register.
How many employees does ROSSEL & Cie have?
ROSSEL & Cie had an average of 215.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does ROSSEL & Cie fall under?
In its 2025 annual accounts, ROSSEL & Cie states joint committees 200 (Auxiliary committee for white-collar workers) and 130 (Printing, graphic arts and newspapers).
What is the turnover of ROSSEL & Cie?
The turnover of ROSSEL & Cie was €108.8m in financial year 2025, according to the filed annual accounts.
Is ROSSEL & Cie profitable?
In financial year 2025, ROSSEL & Cie made a profit of €26.1m.
Where can I find the annual accounts of ROSSEL & Cie?
ROSSEL & Cie filed 84 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ROSSEL & Cie due?
ROSSEL & Cie must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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