THE COMMUNICATION GROUP
ActiveTHE COMMUNICATION GROUP has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €115k and a net result of €22k. Equity is growing by ~5.9% per year across the filed fiscal years. Its solvency ranks better than 64% of 1633 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very 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
Profitability83▲+2
Solvency84▼-3
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 2.31 against 2.37 in 2024; short-term debt: 36.5% and cash: 26.8% of total assets), and 40.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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
59.2%
Return on assets
11.6%
Age of the figures
9 mo
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
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 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 d early
2024
5 d early
2023
7 d early
2022
32 d early
2021
25 d late
2020
25 d early
2019
19 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€115k▼ 13.2%
2024 · €132k
2018: €73k
2019: €95k
2020: €100k
2021: €85k
2022: €107k
2023: €114k
2024: €132k
2018 → 2025
Total assets
€194k▼ 8.8%
2024 · €213k
2018: €141k
2019: €148k
2020: €123k
2021: €181k
2022: €160k
2023: €179k
2024: €213k
2018 → 2025
Net result
€22k▲ 9.1%
2024 · €21k
2018: €38k
2019: €23k
2020: €5k
2021: €16k
2022: €24k
2023: €8k
2024: €21k
2018 → 2025
Working capital
€93k▼ 1.9%
2024 · €95k
2018: €52k
2019: €73k
2020: €86k
2021: €64k
2022: €86k
2023: €80k
2024: €95k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€85k-€107k▲ 26.1%€114k▲ 5.8%€132k▲ 16.7%€115k▼ 13.2%
Operating result€20k-€35k▲ 80.2%€13k▼ 62.6%€29k▲ 120%€40k▲ 39.3%
Net result€16k-€24k▲ 51.6%€8k▼ 67.0%€21k▲ 162%€22k▲ 9.1%
Turnover and EBIT margin not published: the abbreviated or 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 39% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €194k
Fixed assets
€30k▼ 37.9%
Current assets
€164k▼ 0.1%
Equity and liabilities €194k
Equity
€115k▼ 13.2%
Debt
€79k▼ 1.5%
The debt ratio rises from 37.7% to 40.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€55k▲
2024 · €42k
Cash flow
€37k▲
2024 · €33k
Solvency
59.2%▼
2024 · 62.3%
Current ratio
2.31▼
2024 · 2.37
Quick ratio
2.31▼
2024 · 2.37
Debt / equity
0.69▲
2024 · 0.61
ROE
19.5%▲
2024 · 15.6%
ROA
11.6%▲
2024 · 9.7%
Interest coverage
28.83▼
2024 · 40.05
Debt
€79k▼
2024 · €80k
Debt ≤ 1 year
€71k▲
2024 · €69k
Debt > 1 year
€8k▼
2024 · €11k
Income taxes
€16k▲
2024 · €11k
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€213k€194k▼
Fixed assets21/28€49k€30k▼
Tangible fixed assets22/27€49k€30k▼
Plant, machinery and equipment23€12k€3k▼
Furniture and vehicles24€37k€17k▼
Leasing and similar rights25-€11k
Current assets29/58€164k€164k▼
Amounts receivable after more than one year29€32k€27k▼
Other amounts receivable291€32k€27k▼
Amounts receivable within one year40/41€88k€78k▼
Trade receivables40€45k€33k▼
Other amounts receivable41€44k€44k▲
Current investments50/53€5k€5k=
Cash at bank and in hand54/58€37k€52k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€213k€194k▼
Equity10/15€132k€115k▼
Contributions10/11€6k€6k=
Outside capital11€6k€6k=
Other1109/19€6k€6k=
Reserves13€86k€67k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€84k€66k▼
Profit (loss) carried forward14€41k€41k▲
Amounts payable17/49€80k€79k▼
Amounts payable after more than one year17€11k€8k▼
Financial debts170/4€11k€8k▼
Amounts payable within one year42/48€69k€71k▲
Current portion of amounts payable after more than one year42€5k€2k▼
Trade debts44€45k€3k▼
Suppliers440/4€45k€3k▼
Advances received on contracts in progress46€3k-
Taxes, remuneration and social security45€15k€26k▲
Taxes450/3€10k€26k▲
Remuneration and social security454/9€5k-
Other amounts payable47/48€2k€40k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€15k▲
Other operating charges640/8€3k€14k▲
Gross operating margin9900€44k€69k▲
Operating profit (loss)9901€29k€40k▲
Financial income75/76B€4k€3▼
Recurring financial income75€4k€3▼
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€32k€38k▲
Income taxes67/77€11k€16k▲
Profit (loss) for the period9904€21k€22k▲
Profit (loss) for the period to be appropriated9905€21k€22k▲
Appropriation of the result
Profit (loss) to be appropriated9906€60k€63k▲
Profit (loss) brought forward from the previous period14P€40k€41k▲
Transfer from equity791/2-€38k
Transfer to equity691/2€18k€20k▲
To other reserves6921€18k€20k▲
Profit to be distributed694/7€2k€40k▲
Return on contributions (dividend)694€2k€40k▲
The notes to these accounts (8 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
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
26-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €100kEq €107k ▲26.1%
5 profitable years in a row build equity to €107k.
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
06-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €5k ▼79.2%
Net result drops to €5k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €100kEq €100k ▲4.9%
3 profitable years in a row build equity to €100k.
19-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 19 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
26-06
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, Knokke-Heist · 1 establishment unit since 2011
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.
Tramweg 198300 Knokke-HeistGround area
466 m²
Building footprint
169 m²
Volume, LiDAR
846 m³
Parcel 31013D0519/00A000, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
THE COMMUNICATION GROUP
since 20112.195.552.141
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31013D0519/00A000 | Flanders | 466 m² | 1 · 169 m² | 9.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Zerocopy
BE 0846.192.267
Brussel · Eq €115k
TARGET ADVERTISING
BE 0631.867.502
Namur · Eq €116k
PUBLI BELGIUM
BE 0460.609.844
Ans · Eq €116k
Italienne
BE 0534.950.248
Antwerpen · Eq €113k
EV
BE 1014.617.822
Knokke-Heist · Eq €117k
Of 808 companies in sector 73120 we hold annual accounts for 281. 220 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-01-2011
Fiscal year end31-12
Activities, NACEBEL
73120Media representation
64200Holdings
64210Activities of holding companies
70200Business and other management consultancy
70210Activities of head offices; management consultancy activities
70220Business consulting
73110Advertising agencies
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.