PUBLI-TEE
Bankruptcy closedSummary
PUBLI-TEE was declared bankrupt on 05-08-2025 (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 09-12-2025, published in the Belgian State Gazette on 16-12-2025. The 2024 annual accounts show equity of €30k and a net result of €16k.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-07-2025, 13 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
13 d early
2023
on the day
2022
11 d late
2021
37 d early
2020
52 d early
2019
56 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€30k▲ 105%
2023 · €15k
2018: €141k
2019: €80k
2020: €75k
2021: €54k
2022: €39k
2023: €15k
2018 → 2024
Total assets
€38k▼ 56.8%
2023 · €88k
2018: €193k
2019: €188k
2020: €98k
2021: €70k
2022: €84k
2023: €88k
2018 → 2024
Net result
€16k
2023 · €-24k
2018: €26k
2019: €40k
2020: €10k
2021: €35k
2022: €-16k
2023: €-24k
2018 → 2024
Working capital
€30k▲ 105%
2023 · €15k
2018: €75k
2019: €38k
2020: €59k
2021: €48k
2022: €36k
2023: €15k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€75k-€54k▼ 27.3%€39k▼ 28.7%€15k▼ 62.0%€30k▲ 105%
Operating result€13k-€47k▲ 263%€-16k€-15k▲ 0.8%€-133▲ 99.1%
Net result€10k-€35k▲ 255%€-16k€-24k▼ 54.4%€16k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €133 in 2024 against €15k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €38k
Equity
€30k ▲ 105%
Debt
€8k ▼ 89.2%
Debt's share of the balance-sheet total falls from 83.3% to 20.8%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
4.81▲
2023 · 1.20
Debt to equity
0.26▼
2023 · 5.00
ROE
51.3%▲
2023 · -163.3%
ROA
40.7%▲
2023 · -27.2%
Debt ≤ 1 year
€8k▼
2023 · €74k
Income taxes
€0▼
2023 · €8k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 44 lines
Balance sheet
Code20232024
Assets
Total assets20/58€88k€38k▼
Fixed assets21/28€0-
Tangible fixed assets22/27€0-
Land and buildings22€0-
Furniture and vehicles24€0-
Other tangible fixed assets26€0-
Current assets29/58€88k€38k▼
Amounts receivable within one year40/41€88k€38k▼
Trade receivables40€54k€7k▼
Other amounts receivable41€34k€31k▼
Cash at bank and in hand54/58€410€0▼
Deferred charges and accrued income490/1€270€0▼
Equity and liabilities
Total equity and liabilities10/49€88k€38k▼
Equity10/15€15k€30k▲
Contributions10/11€16k€16k=
Reserves13€3k€3k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€1k€1k=
Profit (loss) carried forward14€-4k€11k▲
Amounts payable17/49€74k€8k▼
Amounts payable within one year42/48€74k€8k▼
Trade debts44€74k€7k▼
Suppliers440/4€74k€7k▼
Taxes, remuneration and social security45€0€912▲
Taxes450/3€0€912▲
Other amounts payable47/48€0-
Income statement
Code20232024
Non-recurring operating income76A€26€1k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0-
Other operating charges640/8€657€467▼
Non-recurring operating charges66A€3k€0▼
Gross operating margin9900€-12k€334▲
Operating profit (loss)9901€-15k€-133▲
Financial income75/76B€252€16k▲
Recurring financial income75€252€16k▲
Financial charges65/66B€1k€233▼
Recurring financial charges65€1k€233▼
Profit (loss) for the period before taxes9903€-16k€16k▲
Income taxes67/77€8k€0▼
Profit (loss) for the period9904€-24k€16k▲
Profit (loss) for the period to be appropriated9905€-24k€16k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-4k€11k▲
Profit (loss) brought forward from the previous period14P€20k€-4k▼
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
16-12
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Brussel · PUBLI-TEE BV RUSATIRALAAN 10, 1083 GANSHOREN · event 09-12-2025
12-08
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · PUBLI-TEE BV RUSATIRA- LAAN 10, 1083 GANSHOREN · event 05-08-2025
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €16k
Net result €16k after 2 loss-making years.
31-12
Financial
Liquidity quadruplescurrent ratio 4.81
Current ratio from 1.20 to 4.81; short-term debt falls from €74k to €8k.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €-24k
Net result drops to €-24k, the lowest in the series.
11-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 11 days late
2022
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
09-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity triplescurrent ratio 3.56
Current ratio from 1.35 to 3.56; short-term debt falls from €108k to €23k.
05-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
31-12
Financial
Highest result since 2018net €40k ▲53.3%
Operating result €56k, net result €40k, both a record.
13-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
06-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
12-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
09-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Ganshoren · 1 establishment unit since 2001
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.
Rusatiralaan 101083 GanshorenGround area
3,334 m²
Building footprint
1,244 m²
Volume, LiDAR
8,233 m³
Parcel 21392A0008/00L005, Brussels · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PUBLI-TEE BVBA
since 20012.116.303.141
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21392A0008/00L005 | Brussels | 3,334 m² | 1 · 1,244 m² | 8.4 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | MICHIEL VERRAES EDMOND TOLLENAERE-
STRAAT 56-79 B23, 1020 BRUSSEL 2 |
05-08-2025 → 09-12-2025 |
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded31-01-2001
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.