Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 48 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PUBLIMAGE from Rixensart, company number BE0443726104, closed financial year 2025 with a result of € -18,425 after tax. For that financial year PUBLIMAGE recorded a gross margin of € -17,577 and equity of € -50,882. Compared with financial year 2024, the result moved from € 68,324 to € -18,425. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 27, 2025.
€ -50,882
▼ € 18,425 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -18,425
▼ still € 68,324 profit in 2024
Profit after tax over the fiscal year.
€ 32,775
▼ 58% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -69,474.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 348
▼ 51% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 893
▼ 90% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 10,393 | € 3,167 | € 70,187 | € -17,577 | ▼ € 87,765 |
| Profit after taxes | € 8,906 | € 1,052 | € 68,324 | € -18,425 | ▼ € 86,750 |
| Equity | € -101,833 | € -100,781 | € -32,457 | € -50,882 | ▼ € 18,425 |
| Total debts | € 197,290 | € 203,960 | € 209,543 | € 171,913 | ▼ 18% |
| Cash | € 804 | € 990 | € 77,172 | € 32,775 | ▼ 58% |
| Retained profit | € -120,425 | € -119,373 | € -51,049 | € -69,474 | ▼ € 18,425 |
| Balance sheet total | € 95,457 | € 103,179 | € 177,086 | € 121,031 | ▼ 32% |
Key figures of PUBLIMAGE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 October 2026.
What happened to PUBLIMAGE?
What happened at PUBLIMAGE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 18,425 (▼ € 86,750 vs 2024). Source: NBB ↗
- michael scheers became a director. NBB
- New establishment in Rixensart. KBO
- Start of the company according to the CBE. KBO
In short
From € 8,906 profit in 2022 to € 18,425 loss in 2025.
Best year ever: 2024, with € 68,324 profit.
Management
Behind PUBLIMAGE is michael scheers.
Directors
According to the 2025 annual accounts
michael scheers
Manager
since 1994
Establishments
Establishment units
Physical locations of this company
Rue de l'Eglise 7
1330 Rixensart
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0443.726.104
- VAT number
- BE 0443.726.104
- Registered office
- Rue de l'Eglise 7, 1330 Rixensart
- Names & denominations
- PUBLIMAGE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 March 1991
- Peppol
- Active · Active since 17 Dec 2025
- Activities · NACE
Literaire creatie
Publiciteitsagentschappen
Scheppende kunsten, m.u.v. ondersteunende diensten
Markt- en opinieonderzoek
Creatie van beeldende kunsten
Ontwikkeling van residentiële bouwprojecten
Activiteiten van reclamebureaus
Marktonderzoekbureaus
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