About References
References is a public limited company (NV/SA) based in Brussel, founded in 2011. Its main activity is classified as "Mediarepresentatie". For the 2025 financial year, References reported a loss of €50,745. A year earlier, in 2024, it still made a profit of €24,591. Revenue was not published, which is common for abbreviated accounts. The gross margin came to €1.1 million, down 24% on 2024. It employed an average of 11.7 full-time equivalents. Equity stands at €168,193, a solvency ratio of 18%. In 2012 it was -€370,185. 14 annual accounts are available, covering 2012 to 2025.
- Sectors
- Marketing agencies
- Activities
- Signals
-
Reporting lossesReporting losses € -51K
The company reported a loss in the latest financial year.
Negative cashflowNegative cashflow € -88KOperating cash flow was negative in the latest financial year.
Negative EBITDANegative EBITDA € -94KEBITDA is negative: operating activities are loss-making.
Strong equityStrong equity € 168KStrong equity provides a buffer against setbacks.
Healthy social debtHealthy social debt 9.0%Social debts stay manageable relative to personnel costs.
- Shareholders
- Groupe Vlan 50%, Groupe Sudmedia 50%
Financial ratios
|
|
2025
|
2024
|
2023
|
2022
|
|---|---|---|---|---|
|
€
1.14M
|
€
1.51M
|
€
1.75M
|
€
1.61M
|
|
|
€
-94K
|
€
32K
|
€
91K
|
€
28K
|
|
|
€
-51K
|
€
25K
|
€
32K
|
€
16K
|
|
|
€
168K
|
€
219K
|
€
194K
|
€
162K
|
|
|
18.34%
|
20.96%
|
11.98%
|
11.65%
|
|
|
€
749K
|
€
826K
|
€
1.43M
|
€
1.23M
|
|
|
€
16K
|
€
19K
|
|
|
|
|
11.70
|
14.80
|
20.00
|
22.60
|
Publications 15
All publications- Demissions, Nominations 29/08/2023
- Statuts (Traduction, Coordination, Autres Modifications, ) 27/12/2022
- Demissions, Nominations 14/12/2020
- Denomination 17/12/2018
- Siege Social - Demissions, Nominations 06/07/2017
Frequently asked questions
Answers to the most common questions about References, based on official government data and the filed annual accounts.
What is the VAT number of References?
The VAT number of References is BE0839.044.852.
How many employees work at References?
In 2025, References employed 11.70 full-time equivalents (FTE).
When was References established?
References was founded in 06-09-2011.
What is the official address of References?
The official address of References is Koningsstraat 100 Brussel 1000.
What is the legal form of References?
The juridical form of References is Public limited company (NV/SA).
What is the annual revenue of References?
The 2025 accounts of References do not report revenue. Smaller companies that file abbreviated accounts are not required to publish it.
Is References a reliable company?
References is a registered Rechtspersoon with company number 0839.044.852 and can be verified through the official CBE database.
What is the credit limit of References?
The estimated credit limit of References is €5,929.
Is References still active?
References currently has the status "Normal situation" and is active.