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SOCIETY

Active
Private limited company·Activiteiten van reclamebureaus· 4 yrs active
Louizalaan 222(etage1) ·1050 Elsene, Belgium
KBO/BCE: BE 0772.740.206
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Full dossier in preparation

Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.

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Age4 yrs
Board3
Staff (FTE)0.8

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of SOCIETY is 2.8% (moderate). The 2024 annual accounts show equity of €12k and a net result of €2k. Equity is shrinking by ~44.1% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 24% of 2546 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 3 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
2.8% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate region +Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Signals

1 signal · with evidence
Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 2546 sector peers (2024).
View the sector comparison

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide
Deadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 15 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-06-2025, 51 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
How we compute the deadline
The year end is derived from 3 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 nothing on record not filed -
31-12-2024 31-07-2025 10-06-2025 51 d early 2025-00131445
31-12-2023 31-07-2024 10-04-2024 112 d early 2024-00061615
31-12-2022 31-07-2023 05-07-2023 26 d early 2023-00216068

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
More than 3 years active
Founded in 2021, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€2k
Working capital€12k-37.8%

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 10-06-2025 with the NBB · fiscal year 2024 · micro
€-20k€-10k€0€10kOperating result 2022: €12k€12kNet result 2022: €10k€10kOperating result 2023: €-10k€-10kNet result 2023: €-10k€-10kOperating result 2024: €2k€2kNet result 2024: €2k€2k202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
declining At this pace, equity would indicatively turn negative around fiscal year 2026, assuming unchanged policy.
€-20k€0€20k2025: €4k (€3k - €5k)2026: €-5k (€-6k - €-4k)2027: €-14k (€-15k - €-13k)2022: €30k2023: €20k2024: €12k202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2024 · NACE 73, Advertising & market research · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 23.4% 56.2%
better than 24% of 2546 sector peers
Net result €2k €19k
better than 27% of 2548 sector peers
Equity €12k €43k
better than 24% of 2546 sector peers
Gross operating margin €21k €37k
better than 36% of 2545 sector peers
Staff costs €18k €14k
higher than 53% of 375 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P24
2022: P34 · n=14942023: P95 · n=21322024: P24 · n=25462022 2024
Stable position over 2022-2024 · n=1494-2546
Net result P27
2022: P39 · n=14942023: P9 · n=21342024: P27 · n=25482022 2024
Stable position over 2022-2024 · n=1494-2548
Equity P24
2022: P46 · n=14942023: P34 · n=21342024: P24 · n=25462022 2024
Weakening position over 2022-2024 · n=1494-2546
Gross operating margin P36
2022: P28 · n=14932023: P5 · n=21322024: P36 · n=25452022 2024
Stable position over 2022-2024 · n=1493-2545
Describes the position versus peers, not a forecast.
Net profit
€2k
- 22-24
Total assets
€53k
+157.2% 22-24
Equity
€12k
-37.8% 22-24
Working capital
€12k
-37.8% 22-24
Employees (FTE)
1
- 22-24
Staff costs
€18k
- 22-24
Income taxes
€3k
- 22-24
Debt
€40k
+5932.1% 22-24
Debt ≤ 1y
€40k
+5932.1% 22-24
Current ratio
1.31
-95.7% 22-24
Quick ratio
1.31
-95.7% 22-24
Solvency
23.4%
-75.8% 22-24
Debt / equity
3.28
+9604.6% 22-24
ROE
20.1%
- 22-24
ROA
4.7%
- 22-24
Figures by fiscal year
Fiscal year2024
Depositmicro
Revenue-
EBITDA-
Net profit€2k
Cash flow-
Staff costs€18k
Income taxes-
Dividends-
Total assets€53k
Equity€12k
Debt€40k
of which ≤ 1y€40k
of which > 1y-
Working capital€12k
Employees (FTE)0.8
Ratios (computed)
2024
Current ratio1.31
Quick ratio1.31
Working capital ratio23.4%
Solvency23.4%
Debt / equity3.28
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA4.7%
ROE20.1%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€53k
Current assets 29/58€53k
Amounts receivable within one year 40/41€33k
Cash & bank 54/58€18k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€53k
Equity 10/15€12k
Contributions / capital 10/11€10k
Accumulated profits (losses) 14€2k
Amounts payable 17/49€40k
Amounts payable within one year 42/48€40k
Trade debts payable within one year 44€34k
Income statement
Gross operating margin 9900€21k
Operating result 9901€2k
Result before taxes 9903€2k
Net result for the period 9904€2k
Result to be appropriated 9905€2k
You are seeing the latest fiscal year only. 2 prior years (figures + ratios) are in a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
65 / 100 Healthy
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Directors

Directors & mandates

5 directors
Current directors & mandates
  • BIALEK Olivier
    Managing director
    State Gazette act 24407731 (20-06-2024)
    Current
    20-06-2024 → present
    2 events
    • 20-06-2024 Appointed· Managing director
    • 14-06-2024 Resigned· Director
  • SALBERTER Stéphan
    Managing director
    State Gazette act 24407731 (20-06-2024)
    Current
    20-06-2024 → present
  • SRL UltraLegal entity
    Director· perm. rep.: Olivier Bialek
    State Gazette act 25087089 (10-07-2025)
    Current
    14-06-2024 → present
Former directors (2)
  • FIGONI Jean-Charles Rémy René de
    Actionnaire
    State Gazette act 24407731 (20-06-2024)
    Former
    - → 20-06-2024
  • Stephan Salberter
    Director
    State Gazette act 25087089 (10-07-2025)
    Former
    - → 14-06-2024
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary Activiteiten van reclamebureaus(73110)
Legal form Private limited company(610)
Incorporation21-08-2021
StatusActive
Postal code1050

Structure & network

Locations & real estate

Registered office

on the map · from the address register
exact location from the address register On OpenStreetMap

Establishment units

1 location
SOCIETY
Louizalaan 222, 1050 ElseneOverige activiteiten op het gebied van drukwerk
since 20212.322.981.041
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area1,034 m²
Buildings1
Building footprint815 m²
Volume (LiDAR)15,532 m³
Tallest building35.9 m · ±9 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21807G0121/00F008
ProtectedMonumentHuis SolvaySource ↗
Brussels 1,034 m² 1 · 815 m² 35.9 m · 9 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

2 acts
All acts · 2 updated 1 year ago
2025
10-07-2025 1 director appointed, 2 resigning Director changescorrection
  • Olivier Bialek, Bestuurder
  • Stephan Salberter, Bestuurder
  • Olivier Bialek, Bestuurder
2024
20-06-2024 Articles of association amended, translation of the articles, coordination of the articles and full restatement of the articles Statutes amendment·David INDEKEU
Summary: L'objet de la société a été élargi pour inclure la fourniture de conseils et d'assistance aux entreprises et aux institutions, ainsi que la proposition ou le développement de concepts originaux, l'acq…Notary: David INDEKEU · Bruxelles

Analysis

Snowflake analysis

financial profile on 5 axes
Health65Profitability100Solvency41Growth32Stability94
66 / 100

Strong profile, led by profitability.

All 5 axes are computed from data Checked has read.

Health 65
Profitability 100
Solvency 41
Growth 32
Stability 94

Credit advice

verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

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Comparable size, same sector

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Reclamebureaus73110Activiteiten van reclamebureaus73110
Primary activity highlighted.
Names & trade names
Legal nameFR SOCIETY
Registered office
Louizalaan 222(etage1)
1050 Elsene, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.