ACTIVE

PUBLIROUTE

Financial year 2025 · Closed on 31/12/2025

Net result-30,8 k €-104,9 %over 1 year
Gross margin3,8 M €-19,2 %over 1 year
Equity11,8 M €-0,3 %over 1 year
Workforce23,0 ETP-18,1 %over 1 year

Identity

Source · BCE/KBO

PUBLIROUTE is a Public limited company incorporated in 1990. Its main activity is: Advertising agencies. Its registered office is in Asse. It employs on average 23,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0441.679.701
Incorporation
04/10/1990
Legal form
Public limited company
Registered office
Poverstraat 88
1731 Asse · FlandreSee on map
Contributed capital
61 500,00 €
Latest accounts
31/12/2025
Average workforce
23,0 ETP
Joint committees (2)
  • 100
  • 200
Signals
Solid equityLow riskGood liquidityPositive cashflowHealthy social debts

Financials

Source · NBB, 22 filings

Trend over 18 financial years

20252024202320222021
Income statement
Gross margin3,8 M €4,7 M €4,8 M €4,7 M €5,3 M €
EBITDA-248,7 k €620,2 k €603,9 k €591,7 k €1,5 M €
Operating result-395,5 k €471,3 k €443,5 k €619,7 k €1,1 M €
Net result-30,8 k €625,4 k €733,8 k €511,2 k €659,8 k €
Balance sheet
Equity11,8 M €11,8 M €11,2 M €10,5 M €9,9 M €
Total assets17,2 M €16,8 M €16,5 M €15,9 M €15 M €
Cash550 €142,8 €2,9 k €962,6 €176,1 k €
Debts2,6 M €2,1 M €2,1 M €2,2 M €2 M €
Other
Workforce23,0 ETP28,1 ETP28,9 ETP30,2 ETP30,4 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 24 ended

Active mandates

C.S. CONSULTING

Director · since 01 septembre 2023 · until 31 août 2029 · 0471.418.119

Represented by LIONEL BLAISE

Active
JBMa

Director · since 01 septembre 2023 · until 31 août 2029 · 0822.386.487

Represented by JEROME BLANCHEVOYE

Active
PHILIPPE ADRIANNE

Managing director · since 01 septembre 2023 · until 31 août 2029

Active
THIERRY DESMEDT

Director · since 01 septembre 2023 · until 31 août 2029

Active

Ended mandates

C.S. CONSULTING

Director · since 01 septembre 2023 · until 01 septembre 2029 · 0471.418.119

Represented by Lionel Blaise

Ended
Philippe Andrianne

Managing director · since 01 septembre 2023 · until 01 septembre 2029

Ended
Thierry Desmedt

Director · since 01 septembre 2023 · until 01 septembre 2029

Ended
C.S. CONSULTING

Director · since 27 avril 2023 · until 25 juin 2024 · 0471.418.119

Represented by Adriannne Philippe

Ended

Other companies at this address

Poverstraat 88 1731 Asse
CompanyCBE no.
C.S. CONSULTING● Active
0471.418.119

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date13/05/202607/08/202531/05/202415/06/202312/05/202223/06/2021
General meeting30/04/202624/04/202525/04/202427/04/202328/04/202229/04/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 22 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/04/202613/05/2026DutchPDF
Abridged model31/12/202424/04/202507/08/2025DutchPDF
Abridged model31/12/202325/04/202431/05/2024DutchPDF
Abridged model31/12/202227/04/202315/06/2023DutchPDF
Abridged model31/12/202128/04/202212/05/2022DutchPDF
Abridged modelCorrection31/12/202029/04/202123/06/2021DutchPDF
Abridged model31/12/202029/04/202117/05/2021DutchPDF
Abridged model31/12/201925/06/202008/07/2020DutchPDF
Abridged modelCorrection31/12/201814/06/201903/01/2020DutchPDF
Abridged model31/12/201814/06/201929/08/2019DutchPDF
Abridged model31/12/201725/06/201829/06/2018DutchPDF
Abridged model31/12/201623/06/201725/07/2017DutchPDF
Abridged model31/12/201524/06/201626/07/2016DutchPDF
Abridged model31/12/201426/06/201524/07/2015DutchPDF
Abridged model31/12/201327/06/201417/07/2014DutchPDF
Abridged model31/12/201228/06/201325/07/2013DutchPDF
Abridged model31/12/201122/06/201209/07/2012FrenchPDF
Abridged model31/12/201024/06/201128/07/2011FrenchPDF
Abridged model31/12/200925/06/201029/06/2010FrenchPDF
Abridged model31/12/200826/06/200927/07/2009FrenchPDF
Abridged model31/12/200727/06/200830/06/2008FrenchPDF
Abridged model31/12/200622/06/200712/07/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 24 ended

Active mandates

C.S. CONSULTING

Director · since 01 septembre 2023 · until 31 août 2029 · 0471.418.119

Represented by LIONEL BLAISE

Active
JBMa

Director · since 01 septembre 2023 · until 31 août 2029 · 0822.386.487

Represented by JEROME BLANCHEVOYE

Active
PHILIPPE ADRIANNE

Managing director · since 01 septembre 2023 · until 31 août 2029

Active
THIERRY DESMEDT

Director · since 01 septembre 2023 · until 31 août 2029

Active

Ended mandates

C.S. CONSULTING

Director · since 01 septembre 2023 · until 01 septembre 2029 · 0471.418.119

Represented by Lionel Blaise

Ended
Philippe Andrianne

Managing director · since 01 septembre 2023 · until 01 septembre 2029

Ended
Thierry Desmedt

Director · since 01 septembre 2023 · until 01 septembre 2029

Ended
C.S. CONSULTING

Director · since 27 avril 2023 · until 25 juin 2024 · 0471.418.119

Represented by Adriannne Philippe

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates19/12/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other28/02/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN
    PDF
  • Mandates19/12/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/09/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/08/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring02/02/2022
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates13/12/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Restructuring19/10/2021
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-30,8 k €↓
  2. 2024
    Annual accounts 2024625,4 k €↓
  3. 2023
    Annual accounts 2023733,8 k €↑
  4. 2022
    Annual accounts 2022511,2 k €↓
  5. 2021
    Annual accounts 2021659,8 k €↑
  6. 2018
    Annual accounts 2018449 k €↓
  7. 2017
    Annual accounts 2017938,1 k €↑
  8. 2016
    Annual accounts 2016205,7 k €↓
  9. 2015
    Annual accounts 20151,1 M €↑
  10. 2014
    Annual accounts 2014510,5 k €↓
  11. 2013
    Annual accounts 20131,3 M €↑
  12. 2012
    Annual accounts 20121,2 M €↑
  13. 2011
    Annual accounts 2011692 k €↓
  14. 2010
    Annual accounts 2010875,2 k €↑
  15. 2009
    Annual accounts 2009533,3 k €↓
  16. 2008
    Annual accounts 2008609,4 k €↑
  17. 2007
    Annual accounts 2007225,4 k €↓
  18. 2006
    Annual accounts 2006267,9 k €
  19. 04/10/1990
    IncorporationPublic limited company