Skip to content

De Plus Engineering

Active
Private limited companyfounded 2024active for 2 yearsTeerlingstraat(DE) 28, 9450 Haaltert, BelgiumKBO/BCE: BE 1008.833.652
Summary

De Plus Engineering has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €44,739 and a net result of €44,639. Its solvency ranks better than 51% of 11,578 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, micro format

Equity
€44,739
Total assets
€81,056
Net result
€44,639
Working capital
€29,804

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €81,056
Fixed assets €22,568
Current assets €58,489
Equity and liabilities €81,056
Equity €44,739
Debt €36,317
Debt finances 44.8% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€65,931
Cash flow
€51,991
Current ratio
2.04
Debt to equity
0.81
ROE
99.8%
ROA
55.1%
Interest coverage
43.01
Debt ≤ 1 year
€28,684
Debt > 1 year
€7,633
Income taxes
€12,453

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,468 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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 39,278 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
Filed annual accounts As filed with the NBB · 2025 · 37 lines
Balance sheet Code2025
Assets
Total assets20/58€81,056
Fixed assets21/28€22,568
Tangible fixed assets22/27€22,568
Plant, machinery and equipment23€2,426
Leasing and similar rights25€20,141
Current assets29/58€58,489
Amounts receivable within one year40/41€14,656
Trade receivables40€14,656
Cash at bank and in hand54/58€42,472
Deferred charges and accrued income490/1€1,360
Equity and liabilities
Total equity and liabilities10/49€81,056
Equity10/15€44,739
Contributions10/11€100
Profit (loss) carried forward14€44,639
Amounts payable17/49€36,317
Amounts payable after more than one year17€7,633
Financial debts170/4€7,633
Amounts payable within one year42/48€28,684
Current portion of amounts payable after more than one year42€8,787
Trade debts44€1,821
Suppliers440/4€1,821
Taxes, remuneration and social security45€16,619
Taxes450/3€16,619
Other amounts payable47/48€1,458
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,352
Other operating charges640/8€15
Gross operating margin9900€65,945
Operating profit (loss)9901€58,579
Financial income75/76B€47
Recurring financial income75€47
Financial charges65/66B€1,533
Recurring financial charges65€1,533
Profit (loss) for the period before taxes9903€57,093
Income taxes67/77€12,453
Profit (loss) for the period9904€44,639
Profit (loss) for the period to be appropriated9905€44,639
Appropriation of the result
Profit (loss) to be appropriated9906€44,639

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,352
Other operating charges640/8€15
Gross operating margin9900€65,945
Operating profit (loss)9901€58,579
Financial income75/76B€47
Recurring financial income75€47
Financial charges65/66B€1,533
Recurring financial charges65€1,533
Profit (loss) for the period before taxes9903€57,093
Income taxes67/77€12,453
Profit (loss) for the period9904€44,639
Profit (loss) for the period to be appropriated9905€44,639
Line2025
Assets
Total assets20/58€81,056
Fixed assets21/28€22,568
Tangible fixed assets22/27€22,568
Plant, machinery and equipment23€2,426
Leasing and similar rights25€20,141
Current assets29/58€58,489
Amounts receivable within one year40/41€14,656
Trade receivables40€14,656
Cash at bank and in hand54/58€42,472
Deferred charges and accrued income490/1€1,360
Equity and liabilities
Total equity and liabilities10/49€81,056
Equity10/15€44,739
Contributions10/11€100
Profit (loss) carried forward14€44,639
Amounts payable17/49€36,317
Amounts payable after more than one year17€7,633
Financial debts170/4€7,633
Amounts payable within one year42/48€28,684
Current portion of amounts payable after more than one year42€8,787
Trade debts44€1,821
Suppliers440/4€1,821
Taxes, remuneration and social security45€16,619
Taxes450/3€16,619
Other amounts payable47/48€1,458
Line2025
Profit (loss) for the period9904€44,639
+ Depreciation and write-downs630€7,352
Operating cash flow (approximation)€51,991

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Subsidies and aid

Flemish government

2025 · 1 entry · €449 awarded · €449 paid
Schemes
1 entry · €449 · €449 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.