CARPLUG
ActiveSummary
CARPLUG has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €513,772 and a net result of €9,792. Equity is growing by ~31.7% per year across the filed fiscal years. Its solvency ranks better than 56% of 9046 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability49▼-37
Solvency75▼-6
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30,000 at 30 days acceptable
Liquidity tight (current ratio 1.36 against 1.47 in 2023; short-term debt: 35.6% and cash: 5.6% of total assets), and 50.4% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-10-2025, 64 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
64 d late
2023
63 d early
2022
31 d late
2021
21 d late
2020
30 d late
2019
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 19 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, abbreviated schema
Equity
€513,772▲ 1.9%
2023 · €503,980
Total assets
€1.0m▲ 14.8%
2023 · €901,596
Net result
€9,792▼ 92.1%
2023 · €124,498
Working capital
€131,513▲ 37.4%
2023 · €95,745
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€52,804▲ 11.9%€47,150▼ 10.7%€318,749▲ 576%€183,336▼ 42.5%€22,255▼ 87.9%
Net result€29,020▼ 3.7%€20,510▼ 29.3%€199,812▲ 874%€124,498▼ 37.7%€9,792▼ 92.1%
Equity€159,159▲ 22.3%€179,669▲ 12.9%€379,482▲ 111%€503,980▲ 32.8%€513,772▲ 1.9%
Total assets€899,637▼ 7.3%€1.0m▲ 13.2%€1.7m▲ 66.1%€901,596▼ 46.7%€1.0m▲ 14.8%
Debt€740,478▼ 11.9%€838,536▲ 13.2%€1.3m▲ 56.5%€397,616▼ 69.7%€521,368▲ 31.1%
Working capital-€304,333▼ 113%-€265,984▲ 12.6%-€101,330▲ 61.9%€95,745€131,513▲ 37.4%
Staff (FTE)2.5▲ 38.9%3.4▲ 36.0%3.8▲ 11.8%3.4▼ 10.5%3▼ 11.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 88% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.0m
Fixed assets
€534,901 ▼ 11.3%
Current assets
€500,238 ▲ 67.5%
Equity and liabilities €1.0m
Equity
€513,772 ▲ 1.9%
Debt
€521,368 ▲ 31.1%
Debt's share of the balance-sheet total rises from 44.1% to 50.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€90,261▼
2023 · €248,883
Cash flow
€77,797▼
2023 · €190,045
Current ratio
1.36▼
2023 · 1.47
Quick ratio
0.63▼
2023 · 0.93
Debt to equity
1.01▲
2023 · 0.79
ROE
1.9%▼
2023 · 24.7%
ROA
0.9%▼
2023 · 13.8%
Interest coverage
3.48▼
2023 · 9.45
Debt ≤ 1 year
€368,725▲
2023 · €202,944
Debt > 1 year
€152,642▼
2023 · €194,671
Income taxes
€5,167▼
2023 · €36,435
Staff costs
€112,187▼
2023 · €134,686
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,047 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 94% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
2.0%
went bankrupt
3.7%
stopped otherwise
94%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.8% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 5,047 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €95,894 | - | - |
| Remuneration, social security and pensions62 | - | €117,482 | €143,734 | €134,686 | €112,187 | ▼ 16.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €60,188 | €67,122 | €73,651 | €65,547 | €68,005 | ▲ 3.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €8,045 | - |
| Other operating charges640/8 | - | €11,103 | €40,611 | €7,029 | €6,876 | ▼ 2.2% |
| Non-recurring operating charges66A | - | - | - | €4,243 | - | - |
| Gross operating margin9900 | €202,727 | €242,856 | €576,744 | €394,841 | €217,368 | ▼ 44.9% |
| Operating profit (loss)9901 | €52,804 | €47,150 | €318,749 | €183,336 | €22,255 | ▼ 87.9% |
| Financial income75/76B | - | €3,199 | €576 | €3,933 | €18,674 | ▲ 375% |
| Recurring financial income75 | €3,741 | €3,199 | €576 | €3,933 | €18,674 | ▲ 375% |
| Financial charges65/66B | - | €29,788 | €36,781 | €26,336 | €25,970 | ▼ 1.4% |
| Recurring financial charges65 | €27,525 | €29,788 | €36,781 | €26,336 | €25,970 | ▼ 1.4% |
| Profit (loss) for the period before taxes9903 | €29,020 | €20,561 | €282,544 | €160,933 | €14,959 | ▼ 90.7% |
| Income taxes67/77 | - | €50 | €82,731 | €36,435 | €5,167 | ▼ 85.8% |
| Profit (loss) for the period9904 | €29,020 | €20,510 | €199,812 | €124,498 | €9,792 | ▼ 92.1% |
| Profit (loss) for the period to be appropriated9905 | €29,020 | €20,510 | €199,812 | €124,498 | €9,792 | ▼ 92.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €899,637 | €1.0m | €1.7m | €901,596 | €1.0m | ▲ 14.8% |
| Fixed assets21/28 | €781,407 | €723,268 | €717,271 | €602,906 | €534,901 | ▼ 11.3% |
| Intangible fixed assets21 | €8,192 | €5,295 | €21,714 | €13,035 | €6,753 | ▼ 48.2% |
| Tangible fixed assets22/27 | €773,215 | €717,973 | €695,558 | €589,871 | €528,148 | ▼ 10.5% |
| Land and buildings22 | - | €403,785 | €417,382 | €344,224 | €333,901 | ▼ 3.0% |
| Plant, machinery and equipment23 | - | - | - | €3,534 | €2,463 | ▼ 30.3% |
| Furniture and vehicles24 | - | €24,143 | €31,003 | €32,562 | €19,701 | ▼ 39.5% |
| Other tangible fixed assets26 | - | €287,295 | €247,173 | €209,551 | €172,084 | ▼ 17.9% |
| Assets under construction and advance payments27 | - | €2,750 | - | - | - | - |
| Current assets29/58 | €118,230 | €294,938 | €974,423 | €298,690 | €500,238 | ▲ 67.5% |
| Stocks and contracts in progress3 | €29,173 | €35,491 | €410,756 | €109,385 | €269,640 | ▲ 147% |
| Stocks30/36 | - | €35,491 | €410,756 | €109,385 | €269,640 | ▲ 147% |
| Amounts receivable within one year40/41 | €32,057 | €103,378 | €10,407 | €15,106 | €169,834 | ▲ 1,024% |
| Trade receivables40 | - | €62,482 | €3,362 | €1,800 | €1,464 | ▼ 18.7% |
| Other amounts receivable41 | - | €40,896 | €7,046 | €13,306 | €168,370 | ▲ 1,165% |
| Cash at bank and in hand54/58 | €54,633 | €154,149 | €548,042 | €167,139 | €57,946 | ▼ 65.3% |
| Deferred charges and accrued income490/1 | - | €1,919 | €5,217 | €7,060 | €2,819 | ▼ 60.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €899,637 | €1.0m | €1.7m | €901,596 | €1.0m | ▲ 14.8% |
| Equity10/15 | €159,159 | €179,669 | €379,482 | €503,980 | €513,772 | ▲ 1.9% |
| Contributions10/11 | - | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Profit (loss) carried forward14 | €59,159 | €79,669 | €279,482 | €403,980 | €413,772 | ▲ 2.4% |
| Amounts payable17/49 | €740,478 | €838,536 | €1.3m | €397,616 | €521,368 | ▲ 31.1% |
| Amounts payable after more than one year17 | €317,805 | €277,296 | €236,254 | €194,671 | €152,642 | ▼ 21.6% |
| Financial debts170/4 | - | €277,296 | €236,254 | €194,671 | €152,642 | ▼ 21.6% |
| Amounts payable within one year42/48 | €422,563 | €560,921 | €1.1m | €202,944 | €368,725 | ▲ 81.7% |
| Current portion of amounts payable after more than one year42 | - | €40,509 | €41,042 | €41,582 | €42,029 | ▲ 1.1% |
| Financial debts43 | - | - | - | - | €1,239 | - |
| Credit institutions430/8 | - | - | - | - | €1,239 | - |
| Trade debts44 | €61,100 | €209,632 | €232,571 | €59,063 | €204,055 | ▲ 245% |
| Suppliers440/4 | - | €209,632 | €232,571 | €59,063 | €204,055 | ▲ 245% |
| Taxes, remuneration and social security45 | - | €115,473 | €519,832 | €100,080 | €121,402 | ▲ 21.3% |
| Taxes450/3 | - | €74,211 | €501,668 | €79,118 | €95,709 | ▲ 21.0% |
| Remuneration and social security454/9 | - | €41,262 | €18,164 | €20,962 | €25,693 | ▲ 22.6% |
| Other amounts payable47/48 | - | €195,307 | €282,307 | €2,219 | - | - |
| Accrued charges and deferred income492/3 | - | €319 | €205 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €29,020 | €20,510 | €199,812 | €124,498 | €9,792 | ▼ 92.1% |
| + Depreciation and write-downs630 | €60,188 | €67,122 | €73,651 | €65,547 | €68,005 | ▲ 3.8% |
| Operating cash flow (approximation) | €89,208 | €87,632 | €273,463 | €190,045 | €77,797 | ▼ 59.1% |
| Investment in fixed assets (approximation) | - | -€8,983 | -€67,654 | €48,818 | €0 | ▼ 100% |
| Change in cash | - | €99,516 | €393,893 | -€380,904 | -€109,193 | ▲ 71.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
03-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 64 days late
2024
31-12
Financial
Weakest financial yearnet €9,792 ▼92.1%
Net result drops to €9,792, the lowest in the series.
29-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €500,000Eq €503,980 ▲32.8%
5 profitable years in a row build equity to €503,980.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-12
Financial
Highest result since 2019net €199,812 ▲874%
Operating result €318,749, net result €199,812, both a record.
31-12
Financial
Equity above €200,000Eq €379,482 ▲111%
4 profitable years in a row build equity to €379,482.
21-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 21 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
31-12
Financial
Equity above €150,000Eq €159,159 ▲22.3%
2 profitable years in a row build equity to €159,159.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Asse · 1 establishment unit since 2018
Ground area
2,412 m²
Building footprint
2,060 m²
Volume, LiDAR
17,200 m³
Parcel 23095B0028/00P002, Flanders · tallest building 11.1 m, ±3 floors. Linked by address, not a title deed.
10
companies at this address
See who is registered here
1 establishment unit
Z. 3 Doornveld 165, 1731 Asse
since 20182.279.431.011
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23095B0028/00P002 | Flanders | 2,412 m² | 1 · 2,060 m² | 11.1 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,244 companies in sector 46643 we hold annual accounts for 953. 717 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded16-07-2018
Fiscal year end31-12
Activities, NACEBEL 2025
46643Wholesale of electrical equipment, including installation materials
E-invoicing
Reachable via Peppol
Peppol ID
0208:0699946852
Also
9925:BE0699946852
Registered
27-11-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.