ENSEIGNES PLEXI
ActiveSummary
ENSEIGNES PLEXI has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €585,180 and a net result of €96,632. Equity has been stable since 2018 (±2.4% per year). Its solvency ranks better than 65% of 2,083 sector peers (NACE 73, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 29-04-1987 Normal situation
- Activity
- Advertising agencies NACE 73110and 2 others
- Joint committees
- 200 Aanvullend Paritair Comité voor de bedienden
- 149 Paritair Comité voor de sectors die aan de metaal-, machine- en elektrische bouw verwant zijn · annual accounts 2025
- Establishment unit
- 2.031.675.985 5500 Dinant, since 14-05-1987
- Financial year end
- 31 December
- Peppol
- Reachable since 08-10-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €537,403
- ▲ 37.1%
- Turnover
- ≈ €1.1m
- estimated
- Profit
- €96,632
- ▲ 334%
- Equity
- €585,180
- ▲ 19.4%
- Total assets
- €949,759
- ▲ 8.0%
- Employees on 31-12-2025
- 7
- ▲ 16.7%
Score breakdownlowers riskLiquidity: current ratio 2.71, cash €198,804Founded in 1987Equity €585,180 (61.6% of total assets)Profit of €96,632 (financial year 2025)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 73, micro). It does better than 59% of them on solvency, 61% on liquidity, 56% on profitability and 69% on growth.
The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 24 days after the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 29-07-2026 at the NBB all 38 filings
Every figure per financial year
The operating result for 2025 is over 3.4 times that of 2024 and the highest since 2021. It is a recovery after the fall in 2024.
The turnover shown is an estimate from the gross margin.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 7 | 7 | 7 | 6 | 7 |
| full-time | 7 | 7 | 7 | 6 | 7 |
| part-time | 0 | 0 | 0 | 0 | 0 |
| in full-time equivalents | 7 | 7 | 7 | 6 | 7 |
| Average over the year, in full-time equivalents | 6.8 | 6.8 | 6.9 | 6.4 | 6.2 |
| On a permanent contract | 4 | 4 | 4 | 5 | 4 |
| Joined | 3 | 2 | - | 3 | 4 |
| Left | 2 | 2 | - | 4 | 3 |
| Training hours | 3,516 | 3,444 | - | 1,967 | 2,136 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €2,743 | €4,741 | €81,051 | €20,797 | €47,268 |
| Financial fixed assets | - | - | - | - | €0 |
| Depreciation and write-downs of the year | €57,043 | €47,434 | €45,793 | €50,441 | €55,760 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €0 | - | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €247,345 | €255,317 | €242,379 | €289,479 | €290,925 | ▲ 0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €61,859 | €66,161 | €65,927 | €57,043 | €47,434 | €45,793 | €50,441 | €55,760 | ▲ 10.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €9,889 | -€24,108 | €820 | -€284 | €31,199 | - |
| Other operating charges640/8 | - | - | - | €16,069 | €39,028 | €9,417 | €8,701 | €9,170 | ▲ 5.4% |
| Gross operating margin9900 | €306,358 | €344,495 | €266,772 | €352,982 | €332,682 | €357,672 | €391,929 | €537,403 | ▲ 37.1% |
| Operating profit (loss)9901 | €55,881 | €73,414 | -€6,473 | €22,636 | €15,012 | €59,262 | €43,591 | €150,349 | ▲ 245% |
| Financial income75/76B | - | - | - | €2,827 | €2,652 | €12,776 | €2,592 | €1,869 | ▼ 27.9% |
| Recurring financial income75 | €7,162 | €2,871 | €3,109 | €2,727 | €2,652 | €12,776 | €2,592 | €1,869 | ▼ 27.9% |
| Non-recurring financial income76B | - | - | - | €100 | €0 | - | - | - | - |
| Financial charges65/66B | - | - | - | €12,939 | €11,415 | €10,481 | €11,657 | €9,896 | ▼ 15.1% |
| Recurring financial charges65 | €16,897 | €16,556 | €14,574 | €12,939 | €11,415 | €10,481 | €11,657 | €9,896 | ▼ 15.1% |
| Profit (loss) for the period before taxes9903 | €46,146 | €59,729 | -€11,128 | €12,525 | €6,249 | €61,556 | €34,526 | €142,321 | ▲ 312% |
| Income taxes67/77 | €15,794 | €22,506 | -€4,715 | €12,421 | €3,928 | €17,855 | €12,244 | €45,689 | ▲ 273% |
| Profit (loss) for the period9904 | €30,352 | €37,223 | -€6,413 | €105 | €2,321 | €43,702 | €22,282 | €96,632 | ▲ 334% |
| Profit (loss) for the period to be appropriated9905 | €30,352 | €37,223 | -€6,413 | €105 | €2,321 | €43,702 | €22,282 | €96,632 | ▲ 334% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €958,054 | €940,818 | €913,351 | €956,301 | €857,906 | €868,497 | €879,409 | €949,759 | ▲ 8.0% |
| Fixed assets21/28 | €549,442 | €521,613 | €487,459 | €430,022 | €387,329 | €413,037 | €383,392 | €374,900 | ▼ 2.2% |
| Tangible fixed assets22/27 | €548,854 | €521,025 | €486,871 | €429,434 | €386,741 | €412,449 | €382,804 | €374,312 | ▼ 2.2% |
| Land and buildings22 | - | - | - | €382,424 | €354,086 | €325,748 | €298,209 | €269,656 | ▼ 9.6% |
| Plant, machinery and equipment23 | - | - | - | €1,870 | €4,191 | €31,012 | €40,747 | €37,539 | ▼ 7.9% |
| Furniture and vehicles24 | - | - | - | €34,085 | €21,569 | €52,355 | €42,447 | €30,158 | ▼ 29.0% |
| Leasing and similar rights25 | - | - | - | - | - | - | - | €36,959 | - |
| Other tangible fixed assets26 | - | - | - | €11,054 | €6,894 | €3,333 | €1,400 | €0 | ▼ 100% |
| Financial fixed assets28 | €588 | €588 | €588 | €588 | €588 | €588 | €588 | €588 | = |
| Current assets29/58 | €408,611 | €419,204 | €425,892 | €526,279 | €470,577 | €455,460 | €496,017 | €574,858 | ▲ 15.9% |
| Stocks and contracts in progress3 | €32,674 | €31,592 | €30,240 | €39,032 | €38,839 | €32,167 | €29,236 | €25,771 | ▼ 11.9% |
| Stocks30/36 | - | - | - | €39,032 | €38,839 | €32,167 | €29,236 | €25,771 | ▼ 11.9% |
| Amounts receivable within one year40/41 | €243,507 | €323,069 | €240,737 | €375,328 | €197,399 | €261,243 | €367,722 | €348,879 | ▼ 5.1% |
| Trade receivables40 | - | - | - | €373,571 | €194,054 | €258,694 | €354,742 | €348,777 | ▼ 1.7% |
| Other amounts receivable41 | - | - | - | €1,757 | €3,344 | €2,549 | €12,980 | €102 | ▼ 99.2% |
| Cash at bank and in hand54/58 | €121,903 | €57,197 | €148,085 | €99,012 | €222,600 | €150,957 | €86,325 | €198,804 | ▲ 130% |
| Deferred charges and accrued income490/1 | - | - | - | €12,908 | €11,740 | €11,094 | €12,734 | €1,404 | ▼ 89.0% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €958,054 | €940,818 | €913,351 | €956,301 | €857,906 | €868,497 | €879,409 | €949,759 | ▲ 8.0% |
| Equity10/15 | €425,905 | €461,218 | €452,895 | €451,089 | €451,500 | €481,665 | €490,247 | €585,180 | ▲ 19.4% |
| Contributions10/11 | €130,650 | €130,650 | - | €130,650 | €130,650 | €130,650 | €130,650 | €130,650 | = |
| Reserves13 | €113,917 | €143,917 | €143,917 | €143,917 | €146,238 | €189,939 | €200,221 | €296,854 | ▲ 48.3% |
| Non-distributable reserves130/1 | - | - | - | €13,065 | €13,065 | €13,065 | €13,065 | €13,065 | = |
| Reserves not available under the articles1311 | - | - | - | €13,065 | €13,065 | €13,065 | €13,065 | €13,065 | = |
| Tax-exempt reserves132 | - | - | - | €0 | - | - | - | - | - |
| Distributable reserves133 | - | - | - | €130,852 | €133,173 | €176,874 | €187,156 | €283,789 | ▲ 51.6% |
| Profit (loss) carried forward14 | €135,495 | €142,718 | €136,304 | €136,409 | €136,409 | €135,576 | €135,576 | €135,576 | = |
| Investment grants15 | - | - | - | €40,113 | €38,202 | €25,499 | €23,799 | €22,099 | ▼ 7.1% |
| Amounts payable17/49 | €532,148 | €479,599 | €460,456 | €505,211 | €406,406 | €386,832 | €389,162 | €364,579 | ▼ 6.3% |
| Amounts payable after more than one year17 | €404,134 | €372,637 | €352,394 | €304,252 | €254,834 | €224,303 | €176,278 | €152,482 | ▼ 13.5% |
| Financial debts170/4 | - | - | - | €304,252 | €254,834 | €224,303 | €176,278 | €152,482 | ▼ 13.5% |
| Amounts payable within one year42/48 | €127,764 | €99,849 | €99,929 | €200,959 | €151,572 | €162,470 | €212,884 | €212,097 | ▼ 0.4% |
| Current portion of amounts payable after more than one year42 | - | - | - | €48,142 | €49,418 | €47,427 | €48,025 | €51,883 | ▲ 8.0% |
| Trade debts44 | €54,719 | €38,598 | €31,651 | €75,127 | €59,403 | €57,555 | €57,771 | €68,994 | ▲ 19.4% |
| Suppliers440/4 | - | - | - | €75,127 | €59,403 | €57,555 | €57,771 | €68,994 | ▲ 19.4% |
| Advances received on contracts in progress46 | - | - | - | - | €657 | €899 | €899 | €899 | = |
| Taxes, remuneration and social security45 | - | - | - | €76,488 | €42,094 | €55,756 | €94,189 | €90,320 | ▼ 4.1% |
| Taxes450/3 | - | - | - | €42,151 | €16,723 | €32,726 | €63,373 | €62,769 | ▼ 1.0% |
| Remuneration and social security454/9 | - | - | - | €34,337 | €25,371 | €23,030 | €30,817 | €27,552 | ▼ 10.6% |
| Other amounts payable47/48 | - | - | - | €1,203 | €0 | €833 | €12,000 | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | - | - | €0 | - | €59 | €0 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €30,352 | €37,223 | -€6,413 | €105 | €2,321 | €43,702 | €22,282 | €96,632 | ▲ 334% |
| + Depreciation and write-downs630 | €61,859 | €66,161 | €65,927 | €57,043 | €47,434 | €45,793 | €50,441 | €55,760 | ▲ 10.5% |
| Operating cash flow (approximation) | €92,212 | €103,384 | €59,513 | €57,148 | €49,755 | €89,495 | €72,723 | €152,392 | ▲ 110% |
| Investment in fixed assets (approximation) | - | -€38,332 | -€31,772 | €394 | -€4,741 | -€71,501 | -€20,797 | -€47,268 | ▼ 127% |
| Change in cash | - | -€64,706 | €90,887 | -€49,073 | €123,588 | -€71,642 | -€64,632 | €112,479 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 31,368 companies had the same profile as ENSEIGNES PLEXI has now. Two years later, 93.5% were still going and 0.5% had gone bankrupt.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ENSEIGNES PLEXI itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,368 companies, not a prediction for ENSEIGNES PLEXI. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 38 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 29-07-2026 | 2026-00347472 | |
| 31-12-2024 | full format | 26-08-2025 | 2025-00403395 | |
| 31-12-2023 | full format | 30-08-2024 | 2024-00407187 | |
| 31-12-2022 | full format | 07-07-2023 | 2023-00213638 | |
| 31-12-2021 | full format | 28-09-2022 | 2022-20437909 | |
| 31-12-2020 | full format | 17-09-2021 | 2021-67400200 | |
| 31-12-2019 | micro format | 03-09-2020 | 2020-50000525 | |
| 31-12-2018 | full format | 30-08-2019 | 2019-55100075 | |
| 31-12-2017 | full format | 28-08-2018 | 2018-50500359 | |
| 31-12-2016 | full format | 22-05-2017 | 2017-12900371 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 07-01-2026 Converted to unavailable equity · €143,715.44
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Elleboudt Julien |
|
Articles of association
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Moitié cédant et moitié acquéreurs au prorata des actions, cessions entre vifs onéreuses ou gratuites,volontaires ou forcées,exclusion et…”
Articles of association, deed of 07-01-2026 (in French)
Network & group
ENSEIGNES PLEXI shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of ENSEIGNES PLEXI. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
07-01
Gazette deed
Change of role: Elleboudt Julien, from manager to directorLegal-form conversion · Capital conversion · Reserve release10 points ▸
- General meeting, 22-12-2025
- Legal-form conversion, “société à responsabilité limitée” (deed in French)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Reserve release, “conformément aux formes et majorités de la modification des statuts, suppression du compte de capitaux propres statutairement indisponible créé en application d…” (deed in French)
- Amendment of the articles
- Capital
- Director resignation, Elleboudt Julien (manager)
- Director appointment, Elleboudt Julien (director (not named in the articles))
- Director discharge, Elleboudt Julien
- Registered office clause, “déclare, 5500 Falmagne-Dinant,Route de Beauraing,45” (deed in French)
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Codes under NACEBEL 2003
5 activities
- La fabrication,la vente et l’installation d’enseignes lumineuses ; la location de panneaux ou d’enseignes publicitaires ; toute création,réalisation,vente et installation de produits se rapportant à la publicité ; l’importation de matériels publicitaires (électriques ou non) et exportation ; maison d’édition (livres revues périodiques etc…) ; agence de publicité et conseil en arts graphiques.
- La fabrication de plaines de jeux et de tous autres produits,équipement et aménagement de jardin et terrain de loisirs base de métaux ferreux et non ferreux (ferronnerie,clôtures,parc,portes etc…).
- L’entreprise de travaux électriques (immobiliers et mobiliers).
- L’équipement commercial et industriel d’articles en Aluminium et Plexi-Glas sur matériel roulant et châssis de camion et camionnettes (coffre,boites,aménagement de magasin).
- L’entretien et la réparation d’enseignes lumineuses.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 91043B0092/00L000 | Wallonia | 1,646 m² | 1 · 295 m² | 11.8 m · 3 |
| 91043B0546/00B000 | Wallonia | 631 m² | 1 · 156 m² | 5.5 m · 2 |