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SHOPPING MAGAZINE

Active
Private limited companyfounded 2003active for 23 yearsEdingsesteenweg 292, 9400 Ninove, BelgiumKBO/BCE: BE 0860.829.072
Summary

SHOPPING MAGAZINE has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €40,386 and a net result of €596. Equity has been stable since 2019 (±1.5% per year). Its solvency ranks better than 26% of 8,584 sector peers (NACE 73, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Official details

Source: KBO
Status
Active since 02-10-2003 Normal situation
Activity
Advertising agencies NACE 73110
Establishment unit
2.169.852.980 9320 Aalst, since 01-09-2003
Financial year end
30 June
Peppol
Reachable since 17-12-2025

Board and ownership

Board

Financial position

81 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Annual accounts to 30-06-2025
Gross margin
€16,487
▼ 35.9%
Turnover
≈ €93,000
estimated
Profit
€596
▼ 84.7%
Equity
€40,386
▲ 1.5%
Total assets
€183,277
▲ 0.8%
Score breakdownraises riskLiquidity: current ratio 1.24, cash €206lowers riskFounded in 2003Size: total assets €183,277Show the evidence

Checked score

Score 2025
81 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 27% of micro companies in advertising and market research (NACE 73)
Financial strength · tick: 2024
Weak
Solvency 47=
equity 22.0% of total assets
Liquidity 8=
short-term debt 78.0% · cash 0.1%
Profitability 47-21
return on assets 0.3%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (11,227 companies, NACE 73, micro)
Last 24 months 12-2024: 0.4% 01-2025: 0.6%▲ +0.2 percentage points vs 12-2024highest value 02-2025: 0.4%▼ -0.2 percentage points vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.4%● unchanged vs 06-2025 08-2025: 0.4%● unchanged vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.5%▲ +0.1 percentage points vs 12-2025 02-2026: 0.4%▼ -0.1 percentage points vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026lowest value 07-2026: 0.4%● unchanged vs 06-2026lowest value 08-2026: 0.4%● unchanged vs 07-2026lowest value 09-2026: 0.4%● unchanged vs 08-2026lowest value 10-2026: 0.4%● unchanged vs 09-2026 11-2026: 0.4%● unchanged vs 10-2026
Credit of up to €3,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.24 (1.23 in 2024), below the usual 1.5. Short-term debt is 78% and cash 0.1% of total assets. 78% of the assets are financed with debt and provisions.
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 73, micro). It does better than 28% of them on solvency, 6% on liquidity, 28% on profitability and 48% on growth.

The bankruptcy probability was computed on 02-11-2026 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.

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).

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

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 1.24, cash €206
NBB · annual accounts
lowers risk · Founded in 2003
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: total assets €183,277
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
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 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year €40,386
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
2 days early
2024
3 days early
2023
1 day early
2022
1 day early
2021
3 days early
2020
2 days early
2019
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 2 days before the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 29 January (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
30-06-2026 year end03-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View

Recent changes

  1. · Gazette deed Change of role: Braems Christ, from manager to director
  2. · Gazette deed Incorporation
All 14 events

Comparable companies

These companies have the same main activity as SHOPPING MAGAZINE: advertising agencies (NACE 73110). They are comparable in size and age: total assets between €159,000 and €211,000, founded between 2001 and 2006.

CompanyTotal assetsGross margin
SHOPPING MAGAZINE Ninove€183,277€16,487
PigsFly Leuven€181,898€15,288
MARC THOMASSET Schaarbeek€206,452€17,891
DOUM Flémalle€173,718€13,807
NIKORT Kortrijk€211,150€15,231
LA TERRE EMOI Waterloo€158,893€13,032
GREGOS COMMUNICATION Gent€176,992€25,230
Full comparison

Key facts about SHOPPING MAGAZINE

What is the company number of SHOPPING MAGAZINE?
The company number of SHOPPING MAGAZINE is 0860.829.072. The VAT number is the same number with BE in front: BE 0860.829.072.
Where is SHOPPING MAGAZINE based?
The registered office is at Edingsesteenweg 292, 9400 Ninove.Company details
What does SHOPPING MAGAZINE do?
According to the KBO register, the main activity is advertising agencies (NACE 73110).
What is the legal form of SHOPPING MAGAZINE?
The legal form of SHOPPING MAGAZINE is Private limited company (BV).
When was SHOPPING MAGAZINE founded?
SHOPPING MAGAZINE was founded on 02-10-2003.
Is SHOPPING MAGAZINE still active?
Yes, SHOPPING MAGAZINE is an active enterprise in the KBO register.
What is the turnover of SHOPPING MAGAZINE?
The turnover in financial year 2025 is ≈ €93,000. This figure is estimated from the gross margin of €16,487 and 43 comparable companies (NACE 73110). It probably lies between €49,000 and €170,000. It is a rough estimate.Financials
Is SHOPPING MAGAZINE profitable?
In financial year 2025, SHOPPING MAGAZINE made a profit of €596.
Where can I find the annual accounts of SHOPPING MAGAZINE?
SHOPPING MAGAZINE filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SHOPPING MAGAZINE due?
SHOPPING MAGAZINE must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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