Multimedia Advertising
ActiveMultimedia Advertising has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €447k and a net result of €-61k. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 37% of 711 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-3
Solvency58▼-9
Growth32▼-20
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days only on tighter terms
Liquidity ample (current ratio 1.66 against 1.89 in 2024), but 72.2% 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 · 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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
31 d early
2022
31 d early
2021
38 d early
2020
31 d early
2019
1 d early
← 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
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-61k
2024 · €4k
2018: €648k
2019: €553k
2020: €120k
2021: €209k
2022: €4k
2023: €3k
2024: €4k
2018 → 2025
Working capital
€521k▼ 15.2%
2024 · €615k
2018: €712k
2019: €656k
2020: €925k
2021: €907k
2022: €655k
2023: €747k
2024: €615k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€497k-€502k▲ 0.9%€505k▲ 0.7%€509k▲ 0.7%€447k▼ 12.1%
Operating result€220k-€20k▼ 90.9%€10k▼ 52.3%€22k▲ 133%€-102k
Net result€209k-€4k▼ 97.9%€3k▼ 22.9%€4k▲ 2.6%€-61k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €102k after €22k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.61M
Fixed assets
€295k▼ 20.3%
Current assets
€1.31M▲ 0.4%
Equity and liabilities €1.61M
Equity
€447k▼ 12.1%
Debt
€1.16M▼ 0.7%
The debt ratio rises from 69.7% to 72.2%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€-36k▼
2024 · €55k
Cash flow
€5k▼
2024 · €36k
Solvency
27.8%▼
2024 · 30.3%
Current ratio
1.66▼
2024 · 1.89
Quick ratio
1.66▼
2024 · 1.89
Debt / equity
2.60▲
2024 · 2.30
ROE
-13.7%▼
2024 · 0.7%
ROA
-3.8%▼
2024 · 0.2%
Interest coverage
-3.31▼
2024 · 5.13
Debt
€1.16M▼
2024 · €1.17M
Debt ≤ 1 year
€793k▲
2024 · €694k
Debt > 1 year
€116k▼
2024 · €146k
Income taxes
€281▼
2024 · €11k
Staff costs
€475k▼
2024 · €551k
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€1.68M€1.61M▼
Fixed assets21/28€370k€295k▼
Intangible fixed assets21€171k€136k▼
Tangible fixed assets22/27€186k€158k▼
Plant, machinery and equipment23€12k€8k▼
Furniture and vehicles24€30k€23k▼
Other tangible fixed assets26€144k€126k▼
Financial fixed assets28€13k€750▼
Current assets29/58€1.31M€1.31M▲
Amounts receivable after more than one year29€63k€65k▲
Other amounts receivable291€63k€65k▲
Amounts receivable within one year40/41€502k€458k▼
Trade receivables40€490k€450k▼
Other amounts receivable41€12k€8k▼
Current investments50/53€285k€285k=
Cash at bank and in hand54/58€224k€349k▲
Deferred charges and accrued income490/1€235k€157k▼
Equity and liabilities
Total equity and liabilities10/49€1.68M€1.61M▼
Equity10/15€509k€447k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€306k€306k=
Non-distributable reserves130/1€291k€291k=
Legal reserve130€6k€6k=
Own shares acquired1312€285k€285k=
Distributable reserves133€15k€15k=
Profit (loss) carried forward14€140k€79k▼
Amounts payable17/49€1.17M€1.16M▼
Amounts payable after more than one year17€146k€116k▼
Financial debts170/4€146k€116k▼
Amounts payable within one year42/48€694k€793k▲
Current portion of amounts payable after more than one year42€29k€30k▲
Trade debts44€549k€674k▲
Suppliers440/4€549k€674k▲
Taxes, remuneration and social security45€111k€85k▼
Taxes450/3€54k€50k▼
Remuneration and social security454/9€57k€35k▼
Other amounts payable47/48€5k€4k▼
Accrued charges and deferred income492/3€330k€253k▼
Income statement
Code20242025
Non-recurring operating income76A€679€238▼
Remuneration, social security and pensions62€551k€475k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32k€66k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€126k
Other operating charges640/8€6k€4k▼
Non-recurring operating charges66A-€5k
Gross operating margin9900€612k€575k▼
Operating profit (loss)9901€22k€-102k▼
Financial income75/76B€2k€52k▲
Recurring financial income75€2k€52k▲
Financial charges65/66B€11k€11k▲
Recurring financial charges65€11k€11k▲
Profit (loss) for the period before taxes9903€14k€-61k▼
Income taxes67/77€11k€281▼
Profit (loss) for the period9904€4k€-61k▼
Profit (loss) for the period to be appropriated9905€4k€-61k▼
Appropriation of the result
Profit (loss) to be appropriated9906€140k€79k▼
Profit (loss) brought forward from the previous period14P€137k€140k▲
Social balance
Average headcount (FTE)90878.76.9▼
The notes to these accounts (23 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
10-09
State Gazette act
General meeting · Director resignationGeneral meeting · Director resignation · Director discharge11 facts ▸
State Gazette act
General meeting · Director resignation
General meeting · Director resignation · Director discharge11 facts ▸
- General meeting, 2026-05-26
- Director resignation, Raad en Daad BV (bestuurder)
- Director discharge, Raad en Daad BV
- Director appointment, TUMBA ALLIANCE (bestuurder)
- Permanent representative, Van Raemdonck Raf
- Mandate compensation, TUMBA ALLIANCE
- Director appointment, Happy Yellow (bestuurder)
- Permanent representative, Van Asbroeck Ben
- Mandate compensation, Happy Yellow
- Board meeting, 2026-05-27
- Director appointment, TUMBA ALLIANCE (gedelegeerd bestuurder)
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €-61k ▼1847%
Net result drops to €-61k, the lowest in the series.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €500kEq €502k ▲0.9%
5 profitable years in a row build equity to €502k.
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
22-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 directors, no change since 2026
Happy Yellow
CurrentDirector · since 26-05-2026 · Legal entity
TUMBA ALLIANCE
CurrentManaging director · since 26-05-2026 · Private limited company
27-05-2026
TUMBA ALLIANCE: Appointed as Managing director
26-05-2026
Happy Yellow: Appointed as Director
26-05-2026
TUMBA ALLIANCE: Appointed as Director
26-05-2026
Raad en Daad BV: Resigned as Director
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 1987
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.
Uitbreidingstraat 862600 AntwerpenGround area
9,631 m²
Building footprint
1,051 m²
Volume, LiDAR
19,970 m³
Parcel 11303B0445/00N008, Flanders · tallest building 23.4 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
BUBKA
since 19872.030.411.522
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11303B0445/00N008 | Flanders | 9,631 m² | 1 · 1,051 m² | 23.4 m · 6 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.
Structure & network
Ownership & control
1 partyControl over this companysits on this company's board1
1 subsidiary · 1 location
controls
Multimedia AdvertisingBE 0432.151.727
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Of 9,805 companies in sector 73110 we hold annual accounts for 3,723. 2,236 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded16-10-1987
Fiscal year end31-12
Activities, NACEBEL
73110Advertising agencies
74401
58190Other publishing activities, excluding software publishing
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.