DE PLUS & Co
ActiveSummary
DE PLUS & Co has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €534,681 and a net result of €139,511. Equity is growing by ~10.8% per year across the filed fiscal years. The computed 12-month bankruptcy probability is < 0.1% (very low).
Financials · fiscal year 2025, abbreviated schema
2021 to 2025, 5 fiscal years 2018 to 2025, 8 fiscal years
The operating result recovers in 2025; 2025 is 293% above 2024 and is the highest result in the available series.
What the company sold each fiscal year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Average staff in full-time equivalents (FTE).
Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.
- 2025 Net result +448% on 2024. The accounts now follow the abbreviated schema, last year the micro schema.
Peer companies
Historical observationOf the 31,372 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of < 0.1% 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 497,471 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 31,372 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €73,691 | €59,139 | €61,529 | €50,409 | €40,887 | ▼ 18.9% |
| Remuneration, social security and pensions62 | - | - | - | €42,664 | €38,374 | €39,401 | €40,999 | €40,843 | ▼ 0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,714 | €10,797 | €1,537 | - | - | €11,199 | €19,691 | €19,219 | ▼ 2.4% |
| Gross operating margin9900 | €73,546 | €70,473 | €92,821 | €82,810 | €100,421 | €106,798 | €115,348 | €274,722 | ▲ 138% |
| Operating profit (loss)9901 | €23,384 | €18,711 | €50,943 | €40,146 | €62,047 | €56,198 | €54,658 | €214,660 | ▲ 293% |
| Financial income75/76B | - | - | - | - | - | €405 | - | - | - |
| Recurring financial income75 | €1 | - | €156 | - | - | €405 | - | - | - |
| Financial charges65/66B | - | - | - | €3,075 | €67 | €2,871 | €1,636 | €4,215 | ▲ 158% |
| Recurring financial charges65 | €3,036 | €123 | €2,279 | €3,075 | €67 | €2,871 | €1,636 | €4,215 | ▲ 158% |
| Profit (loss) for the period before taxes9903 | €20,349 | €18,588 | €48,820 | €37,071 | €61,980 | €53,732 | €53,022 | €210,445 | ▲ 297% |
| Income taxes67/77 | €3,961 | €6,061 | €5,779 | €11,082 | €5,000 | €24,620 | €27,567 | €70,934 | ▲ 157% |
| Profit (loss) for the period9904 | €16,388 | €12,527 | €43,041 | €25,989 | €56,980 | €29,112 | €25,455 | €139,511 | ▲ 448% |
| Profit (loss) for the period to be appropriated9905 | €16,388 | €12,527 | €43,041 | €25,989 | €56,980 | €29,112 | €25,455 | €139,511 | ▲ 448% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €231,203 | €240,494 | €290,151 | €321,389 | €346,110 | €409,670 | €431,249 | €616,810 | ▲ 43.0% |
| Formation expenses20 | - | - | - | - | - | €1,242 | €979 | €717 | ▼ 26.8% |
| Fixed assets21/28 | €12,334 | €1,537 | - | - | - | €83,656 | €64,227 | €45,270 | ▼ 29.5% |
| Intangible fixed assets21 | €60 | - | - | - | - | - | - | - | - |
| Tangible fixed assets22/27 | €12,274 | €1,537 | - | - | - | €83,656 | €64,227 | €45,270 | ▼ 29.5% |
| Plant, machinery and equipment23 | - | - | - | - | - | €9,970 | €6,531 | €3,565 | ▼ 45.4% |
| Furniture and vehicles24 | - | - | - | - | - | €73,686 | €57,696 | €41,705 | ▼ 27.7% |
| Current assets29/58 | €218,869 | €238,957 | €290,151 | €321,389 | €346,110 | €324,772 | €366,043 | €570,823 | ▲ 55.9% |
| Amounts receivable within one year40/41 | €114,296 | €140,352 | €169,744 | €202,086 | €207,286 | €217,814 | €237,122 | €258,403 | ▲ 9.0% |
| Trade receivables40 | - | - | - | €865 | €2,325 | €4,103 | €4,249 | - | - |
| Other amounts receivable41 | - | - | - | €201,221 | €204,961 | €213,711 | €232,873 | €258,403 | ▲ 11.0% |
| Cash at bank and in hand54/58 | €104,573 | €98,605 | €120,407 | €119,303 | €138,824 | €106,958 | €128,921 | €312,420 | ▲ 142% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €231,203 | €240,494 | €290,151 | €321,389 | €346,110 | €409,670 | €431,249 | €616,810 | ▲ 43.0% |
| Equity10/15 | €223,736 | €236,263 | €279,304 | €305,293 | €337,273 | €369,715 | €395,170 | €534,681 | ▲ 35.3% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Capital10 | - | - | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Issued capital100 | - | - | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Uncalled capital101 | - | - | - | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €201,148 | €217,536 | €230,063 | €273,104 | €274,093 | €334,403 | €363,515 | €528,481 | ▲ 45.4% |
| Non-distributable reserves130/1 | - | - | - | €26,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Legal reserve130 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Other1319 | - | - | - | €25,000 | - | - | - | - | - |
| Tax-exempt reserves132 | - | - | - | €3,662 | €3,662 | €6,992 | €6,992 | €6,992 | = |
| Distributable reserves133 | - | - | - | €242,582 | €268,571 | €325,551 | €354,663 | €519,629 | ▲ 46.5% |
| Profit (loss) carried forward14 | €16,388 | €12,527 | €43,041 | €25,989 | €56,980 | €29,112 | €25,455 | - | - |
| Amounts payable17/49 | €7,467 | €4,231 | €10,847 | €16,096 | €8,837 | €39,955 | €36,079 | €82,129 | ▲ 128% |
| Amounts payable after more than one year17 | - | - | - | - | - | €11,479 | €4,706 | - | - |
| Financial debts170/4 | - | - | - | - | - | €11,479 | €4,706 | - | - |
| Amounts payable within one year42/48 | €7,467 | €4,231 | €10,847 | €16,096 | €8,837 | €28,476 | €31,373 | €82,129 | ▲ 162% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | - | €6,443 | €6,773 | €4,706 | ▼ 30.5% |
| Trade debts44 | €3,506 | €1,486 | €7,763 | €12,808 | €4,825 | €7,026 | €15,995 | €12,062 | ▼ 24.6% |
| Suppliers440/4 | - | - | - | €12,716 | €3,808 | €5,529 | €13,649 | €3,762 | ▼ 72.4% |
| Bills of exchange payable441 | - | - | - | €92 | €1,017 | €1,497 | €2,346 | €8,300 | ▲ 254% |
| Taxes, remuneration and social security45 | - | - | - | €3,288 | €4,012 | €15,007 | €8,605 | €65,361 | ▲ 660% |
| Taxes450/3 | - | - | - | - | - | €10,673 | €4,462 | €65,361 | ▲ 1,365% |
| Remuneration and social security454/9 | - | - | - | €3,288 | €4,012 | €4,334 | €4,143 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €16,388 | €12,527 | €43,041 | €25,989 | €56,980 | €29,112 | €25,455 | €139,511 | ▲ 448% |
| + Depreciation and write-downs630 | €12,714 | €10,797 | €1,537 | - | - | €11,199 | €19,691 | €19,219 | ▼ 2.4% |
| Operating cash flow (approximation) | €29,102 | €23,324 | €44,578 | €25,989 | €56,980 | €40,311 | €45,146 | €158,730 | ▲ 252% |
| Investment in fixed assets (approximation) | - | €0 | - | - | - | - | -€262 | -€262 | = |
| Change in cash | - | -€5,968 | €21,802 | -€1,104 | €19,521 | -€31,866 | €21,963 | €183,499 | ▲ 735% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.