Result
€101,397 ▲ 184%
The result rose in 2025 from €35,698 to €101,397.
LE PLAT PAYS
Lifetime
8 annual accounts with figures on one time axisGross marginpeak €762,524 (2025)
€762,524▲ 36.0%
Resultlowest -€169,525 (2021)
€101,397▲ 184%
Equitypeak €319,510 (2025)
€319,510▲ 46.5%
Debts
€1.1m▲ 25.0%
Staffpeak 12.5 FTE (2025)
12.5 FTE▲ 7.8%
Board3 names since 2016
3 directorsDirk VANDORPE and 2 others
Documentsfilings and deeds
31-10-2025on the last day
2025abbreviated format
Gross margin from €560,879 to €762,524Result from €35,698 to €101,3973 directors reappointed 07-02Equity from €218,113 to €319,510Debts from €917,055 to €1.1mInvestments €539,517
Key points
from the 2025 annual accountsTurnover
≈ €1.1m estimated
The accounts state no turnover.
Debts
€1.1m 78% of the balance sheet
Financial debts 52%Suppliers 16%Taxes and wages 6%Other 26%
Of this, €542,420 falls due within a year.
Investments
€539,517 3.1 × depreciation
Green is investment, beige is depreciation.
Staff
12.5 FTE from 32.3 in 2023
Between 2023 and 2025, 61% of the full-time equivalents disappeared.
Filings
8 annual accounts 5 days past the deadline
2026 accounts not filed: deadline was 31-10-2026.
Checked score
69
Healthy
Financially stronger than 54% of small companies in office administrative support (NACE 82)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 1,120 companies (NACE 82, small).
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.7%
01-2025: 0.7%● unchanged vs 12-2024
02-2025: 0.7%● unchanged vs 01-2025
03-2025: 0.7%● unchanged vs 02-2025
04-2025: 0.7%● unchanged vs 03-2025
05-2025: 0.7%● unchanged vs 04-2025
06-2025: 0.7%● unchanged vs 05-2025
07-2025: 0.8%▲ +0.1 percentage points vs 06-2025
08-2025: 0.8%● unchanged vs 07-2025
09-2025: 0.8%● unchanged vs 08-2025
10-2025: 1.0%▲ +0.2 percentage points vs 09-2025
11-2025: 1.5%▲ +0.5 percentage points vs 10-2025highest value
12-2025: 0.8%▼ -0.7 percentage points vs 11-2025
01-2026: 0.8%● unchanged vs 12-2025
02-2026: 0.8%● unchanged vs 01-2026
03-2026: 0.8%● unchanged vs 02-2026
04-2026: 0.8%● unchanged vs 03-2026
05-2026: 0.8%● unchanged vs 04-2026
06-2026: 0.8%● unchanged vs 05-2026
07-2026: 0.4%▼ -0.4 percentage points vs 06-2026lowest value
08-2026: 0.4%● unchanged vs 07-2026
09-2026: 0.4%● unchanged vs 08-2026
10-2026: 0.6%▲ +0.2 percentage points vs 09-2026
11-2026: 0.7%▲ +0.1 percentage points vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Figures for financial year 2025 (filed on 04-11-2025)
Liquidity: current ratio 0.39, cash €38,702, halved
lowers risk
Sector: Office administrative, office support and other business support activities (NACE 82)
Profit of €101,397 (financial year 2025)
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 82, small). It does better than 30% of them on solvency, 24% on liquidity, 75% on profitability and 87% on growth.
The bankruptcy probability was computed on 04-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-03-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 2,609 companies had the same profile as LE PLAT PAYS has now. Each dot stands for 7 companies, two years later.
96.8%
were still trading
2.1%
stopped another way
1.0%
went bankrupt
That fits the bankruptcy probability of LE PLAT PAYS itself: 0.7% 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 2,609 companies, not a prediction for LE PLAT PAYS. 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.
Credit verdict
Credit of up to €22,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.39 (0.67 in 2024), below 1. Short-term debt is 37% and cash 2.6% of total assets. 78.2% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €319,510
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2026
not filed
2025
on the day
2024
1 day early
2023
on the day
2022
on the day
2021
2 days early
2020
8 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 2 days before the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (1)
Recent changes
3 directors reappointed
Dirk VANDORPE, Karolien PYPE and Edward VANDORPE · Legal-form conversion: to private limited company · General meeting of 04-02-2025 · Gazette deed
Registered office moved from Comines to Zonnebeke
New registered office: Houtemstraat 43, 8980 Zonnebeke · Previous registered office: Rue du Faubourg 58, 7780 Comines · Gazette deed
Environmental permit refused
Bouwen of herbouwen, Een grond gebruiken, aanleggen of inrichten, Functiewijziging zonder verbouwingswerken and 4 more · Provincie West-Vlaanderen
Registered office moved from Zandvoorde to Komen
New registered office: Rue de Faubourg 58-7780 Komen · Previous registered office: Houtemstraat 43, 8980 Zandvoorde · General meeting of 14-04-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| LE PLAT PAYS Zonnebeke | €1.5m | €762,524 | 21.8% | 12.5 |
| NICE2MEAT Schoten | €1.6m | €879,264 | 61.8% | 9.1 |
| P.B.C.+ Genk | €1.5m | €778,343 | 78.8% | 18.4 |
| RAND EUROPE( EU) Brussels | €1.1m | €770,281 | 44.0% | 10.4 |
| JDI Huldenberg | €1.0m | €853,353 | 27.2% | 9.2 |
| The Shift Brussels | €1.1m | €966,334 | 63.9% | 8.8 |
| EAGLE WINGS ADMINISTRATIE Hasselt | €1.5m | €779,157 | 18.1% | 7 |
These companies have the same main activity as LE PLAT PAYS: other business support services (NACE 82990). They are comparable in size and age: total assets between €984,000 and €1.6m, founded between 2015 and 2018.
Official details
Source: KBO- Status
- Active since 26-09-2016Normal situation
- Activity
- Other business support servicesNACE 82990and 1 other
- Joint committee
- 302Hotels and catering · annual accounts 31-03-2024
- Establishment unit
- 2.263.684.6448980 Zonnebeke, since 01-04-2017
- Financial year end
- 31 March
- Peppol
- Reachable
Annual accounts to 31-03-2025
- Total assets
- €1.5m▲ 29.1%
- Employeeson 31-03-2025
- 12▲ 33.3%
- Filing
- Filed on 31-10-2025
Insights on LE PLAT PAYS
LE PLAT PAYS files the abbreviated format. That format states no turnover. The gross margin rose from €306,350 in 2018 to €762,524 in 2025.
The balance sheet grew most from 2023 to 2025 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about LE PLAT PAYS
- What is the company number of LE PLAT PAYS?
- The company number of LE PLAT PAYS is 0662.953.032. The VAT number is the same number with BE in front: BE 0662.953.032.
- Where is LE PLAT PAYS based?
- The registered office is at Houtemstraat 43, 8980 Zonnebeke.Company details
- What does LE PLAT PAYS do?
- According to the KBO register, the main activity is other business support services (NACE 82990).
- What is the legal form of LE PLAT PAYS?
- LE PLAT PAYS is a private limited company (BV).
- When was LE PLAT PAYS founded?
- LE PLAT PAYS was founded on 26-09-2016.
- Is LE PLAT PAYS still active?
- Yes, LE PLAT PAYS is an active enterprise in the KBO register.
- How many employees does LE PLAT PAYS have?
- LE PLAT PAYS had an average of 12.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does LE PLAT PAYS fall under?
- In its 31-03-2024 annual accounts, LE PLAT PAYS states joint committee 302 (Hotels and catering).
- What is the turnover of LE PLAT PAYS?
- The turnover in financial year 2025 is ≈ €1.1m. This figure is estimated from the gross margin of €762,524 and 33 comparable companies (NACE 82990). It probably lies between €940,000 and €1.6m.
- Is LE PLAT PAYS profitable?
- In financial year 2025, LE PLAT PAYS made a profit of €101,397.
- Where can I find the annual accounts of LE PLAT PAYS?
- LE PLAT PAYS filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
Next steps
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