Equity
-€1,187
Debts exceed assets in financial year 2025.
The BenchMark
Lifetime
15 annual accounts with figures on one time axis, 17 filings since 2008peak €22,124 (2025)
€22,124▲ €36,490
lowest -€19,230 (2024)
€13,252▲ €32,482
peak €10,463 (2009)
-€1,187▲ €13,252
€33,814▼ 46.3%
Board1 name since 2007
1 directorDesplancke Stephan
Documentsfilings and deeds
08-04-202667 days late
2025micro format
Gross margin from -€14,366 to €22,124Back to profit: €13,252Equity from -€14,439 to -€1,187Debts from €62,924 to €33,814Cash from €6,491 to €9,198
Key points
from the 2025 annual accountsTurnover
≈ €140,000 estimated
The micro format states no turnover.
Debts
€33,814 104% of the balance sheet
Suppliers 1%Taxes and wages 31%Other 68%
Liquidity
0.83 was 0.13 in 2024
Short-term debts fell from €62,924 to €33,814.
Filings
17 annual accounts 67 days
Latest accounts filed late: after the legal deadline.
Position in the sector
-€1,187
Less equity than 88% of companies in advertising and market research. Sector median €58,792 · 8,622 companies.
Checked score
56
Fair
Financially stronger than 52% of micro companies in advertising and market research (NACE 73)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 11,230 companies (NACE 73, micro).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%lowest value
01-2025: 0.3%▲ +0.1 percentage points vs 12-2024
02-2025: 0.5%▲ +0.2 percentage points vs 01-2025
03-2025: 1.1%▲ +0.6 percentage points vs 02-2025
04-2025: 1.1%● unchanged vs 03-2025
05-2025: 1.1%● unchanged vs 04-2025
06-2025: 1.1%● unchanged vs 05-2025
07-2025: 1.0%▼ -0.1 percentage points vs 06-2025
08-2025: 1.0%● unchanged vs 07-2025
09-2025: 1.0%● unchanged vs 08-2025
10-2025: 1.1%▲ +0.1 percentage points vs 09-2025
11-2025: 1.0%▼ -0.1 percentage points vs 10-2025
12-2025: 1.0%● unchanged vs 11-2025
01-2026: 1.1%▲ +0.1 percentage points vs 12-2025
02-2026: 1.6%▲ +0.5 percentage points vs 01-2026
03-2026: 1.6%● unchanged vs 02-2026highest value
04-2026: 1.6%● unchanged vs 03-2026
05-2026: 0.5%▼ -1.1 percentage points vs 04-2026
06-2026: 0.6%▲ +0.1 percentage points vs 05-2026
07-2026: 0.5%▼ -0.1 percentage points vs 06-2026
08-2026: 0.5%● unchanged vs 07-2026
09-2026: 0.6%▲ +0.1 percentage points vs 08-2026
10-2026: 0.6%● unchanged vs 09-2026
11-2026: 0.5%▼ -0.1 percentage points vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Capped at 59: negative equity
Last filed accounts filed 68 days late; 1 of the last 3 accounts late
Negative equity -€1,187
lowers risk
Founded in 2007
Size: total assets €32,627
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 12% of them on solvency, 20% on liquidity, 88% on profitability and 90% on growth.
The bankruptcy probability was computed on 09-11-2026 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 30-06-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% 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).
Comparable companies, two years later
In July 2024, 3,632 companies had the same profile as The BenchMark has now. Each dot stands for 10 companies, two years later.
91.9%
were still trading
4.8%
stopped another way
2.9%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of The BenchMark itself is lower: 0.5% within 12 months. It rests on far more data about The BenchMark than the profile alone.
Test of the method
The method was tested on the 497,447 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.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 3,632 companies, not a prediction for The BenchMark. 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
No credit on open account
Liquidity is insufficient, with a current ratio of 0.83 (0.13 in 2024), below 1. Short-term debt is 103.6% and cash 28.2% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 8615 sector peers (2025).
NBB · sector comparisonPosition among 8615 sector peers
Solvency
better than 12%
← weakest
strongest →
raises risk · 2025 accounts filed 67 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 08-04-2026, 67 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 · 10 filingsDeviation from the deadline
2025
67 days late
2024
4 days late
2023
28 days late
2022
40 days early
2021
3 days early
2020
18 days early
2019
16 days early
← 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 3 days after 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 4 February (4 of the last 5 accounts filed within 44 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end10-11-2026 today31-01-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0886677691
Registered office moved within Waregem
New registered office: Roger Vansteenbruggestraat 31a te 8790 Waregem · Previous registered office: Holstraat 61 bus 604 te 8790 Waregem · Board meeting of 14-10-2019 · Gazette deed
Incorporation
published on 01-02-2007 · Gazette deed
First establishment
Roger Vansteenbruggestraat 31a, Waregem
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| The BenchMark Waregem | €32,627 | €22,124 | -3.6% | - |
| PLASTIEK Mortsel | €34,149 | €19,285 | 71.4% | - |
| GEPHYR Awans | €31,330 | €24,893 | 82.0% | - |
| ICatch Bekkevoort | €35,608 | €18,980 | 42.7% | - |
| Adjuvent & Co. Brussels | €24,723 | €21,282 | -123.0% | - |
| CALLAZAM Chaumont-Gistoux | €38,294 | €19,325 | -66.1% | - |
| RECTRACO Duffel | €25,884 | €16,725 | 79.3% | - |
These companies have the same main activity as The BenchMark: public relations and communication consultancy (NACE 73300). They are comparable in size and age: total assets between €24,700 and €38,300, founded between 2003 and 2010.
Official details
Source: KBO- Status
- Active since 24-01-2007Normal situation
- Activity
- Public relations and communication consultancyNACE 73300and 2 others
- Establishment unit
- 2.160.574.3378790 Waregem, since 24-01-2007
- Financial year end
- 30 June
- Peppol
- Reachable since 30-08-2023
Insights on The BenchMark
The BenchMark files the micro format. That format states no turnover. The gross margin rose from €9,098 in 2008 to €22,124 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 The BenchMark
- What is the company number of The BenchMark?
- The company number of The BenchMark is 0886.677.691. The VAT number is the same number with BE in front: BE 0886.677.691.
- Where is The BenchMark based?
- The registered office is at Roger Vansteenbruggestraat 31a, 8790 Waregem.Company details
- What does The BenchMark do?
- According to the KBO register, the main activity is public relations and communication consultancy (NACE 73300).
- What is the legal form of The BenchMark?
- The BenchMark is a private limited company (pre-2019) (BVBA).
- When was The BenchMark founded?
- The BenchMark was founded on 24-01-2007.
- Is The BenchMark still active?
- Yes, The BenchMark is an active enterprise in the KBO register.
- What is the turnover of The BenchMark?
- The turnover in financial year 2025 is ≈ €140,000. This figure is estimated from the gross margin of €22,124 and 41 comparable companies (NACE 73300). It probably lies between €58,000 and €230,000. It is a rough estimate.Financials
- Is The BenchMark profitable?
- In financial year 2025, The BenchMark made a profit of €13,252.
- Where can I find the annual accounts of The BenchMark?
- The BenchMark filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of The BenchMark due?
- The BenchMark must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
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