Liquidity
0.77 was 0.25 in 2024
Short-term debts fell from €21,823 to €13,749.
PL ACTIO
Lifetime
10 annual accounts with figures on one time axispeak €39,185 (2018)
€22,152▲ €25,698
lowest -€54,794 (2016)
€16,023▲ €27,029
peak €31,138 (2025)
€31,138▲ 106%
€41,254▼ 25.3%
peak 0.3 FTE (2017)
-not published
Board6 names since 2017
2 directorsHélène KOVAC and 1 other
Owners
Documentsfilings and deeds
31-07-2026on the last day
2025micro format
Gross margin from -€3,546 to €22,152Back to profit: €16,023Equity from €15,115 to €31,138Debts from €55,213 to €41,254Cash from €136 to €7,234
Key points
from the 2025 annual accountsFilings
10 annual accounts 8 late
The 2019 accounts came latest: 87 days after the end of the period.
At the same address
24 companies
Checked score
84
Excellent
Financially stronger than 76% of micro companies in retail trade (NACE 47)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,275 companies (NACE 47, micro).
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.2%
01-2025: 1.2%● unchanged vs 12-2024
02-2025: 1.2%● unchanged vs 01-2025
03-2025: 1.2%● unchanged vs 02-2025
04-2025: 1.2%● unchanged vs 03-2025
05-2025: 1.1%▼ -0.1 percentage points vs 04-2025
06-2025: 1.1%● unchanged vs 05-2025
07-2025: 1.2%▲ +0.1 percentage points vs 06-2025
08-2025: 1.7%▲ +0.5 percentage points vs 07-2025
09-2025: 1.9%▲ +0.2 percentage points vs 08-2025
10-2025: 1.9%● unchanged vs 09-2025
11-2025: 1.9%● unchanged vs 10-2025
12-2025: 1.9%● unchanged vs 11-2025
01-2026: 1.9%● unchanged vs 12-2025
02-2026: 1.9%● unchanged vs 01-2026
03-2026: 1.9%● unchanged vs 02-2026
04-2026: 2.0%▲ +0.1 percentage points vs 03-2026highest value
05-2026: 1.9%▼ -0.1 percentage points vs 04-2026
06-2026: 1.9%● unchanged vs 05-2026
07-2026: 1.9%● unchanged vs 06-2026
08-2026: 0.5%▼ -1.4 percentage points vs 07-2026lowest value
09-2026: 0.5%● unchanged vs 08-2026lowest value
10-2026: 0.6%▲ +0.1 percentage points vs 09-2026
11-2026: 0.6%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Size: total assets €72,392
Sector: Retail trade (NACE 47)
lowers risk
Figures for financial year 2025 (filed on 05-08-2026)
Founded in 2016
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 47, micro). It does better than 58% of them on solvency, 63% on liquidity, 89% on profitability and 93% on growth.
The bankruptcy probability was computed on 09-11-2026 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 31-12-2025.
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, 34,693 companies had the same profile as PL ACTIO has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of PL ACTIO itself: 0.6% within 12 months.
Test of the method
The method was tested on the 497,447 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 34,693 companies, not a prediction for PL ACTIO. 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 €2,500 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.77 (0.25 in 2024), below 1. Short-term debt is 19% and cash 10% of total assets. 57% 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
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
21 days late
2023
22 days late
2022
29 days late
2021
12 days early
2020
31 days late
2019
87 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 25 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 21 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0649456471
Company renamed from LUDIK & CO to PL Actio
Resignation: Hélène KOVAC (director) · Reappointment: Hélène KOVAC (director) · Appointment: Isabelle Muriel Inès INFANTI (alternate director) · General meeting of 21-12-2023 · Gazette deed
New manager
Hélène KOVAC appointed, Emmanuelle Honoré resigned · General meeting of 28-06-2019 · Gazette deed
1 manager appointed, 2 resignations
Resignations: Vincent Monnoye (manager) and Catherine Monnoye (manager) · Appointment: Emmanuelle HONORE (manager) · Director discharge: Catherine Monnoye (manager) · General meeting of 01-04-2018 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PL ACTIO Charleroi | €72,392 | €22,152 | 43.0% | - |
| MFM BOULANGERIE Brussels | €81,891 | €23,141 | 76.9% | - |
| CELIK PRODUCTION Saint-Josse-ten-Noode | €66,765 | €26,325 | 70.6% | - |
| Broodjeshuis Dubois De Panne | €90,510 | €21,858 | 62.7% | - |
| Ankawa Lokeren | €71,124 | €28,072 | 33.0% | - |
| SADRI Antwerp | €72,634 | €17,625 | 17.8% | - |
| ESER Sint-Pieters-Leeuw | €59,363 | €24,035 | 65.2% | - |
These companies have the same main activity as PL ACTIO: retail sale of bread and pastry (bakery outlets) (NACE 47241). They are comparable in size and age: total assets between €59,400 and €90,500, founded between 2014 and 2019.
Official details
Source: KBO- Status
- Active since 29-02-2016Normal situation
- Registered office
- 25 active companies are registered at this address2 started in the 12 months before. Source: KBO register, as of 10 November 2026.
- Activity
- Retail sale of bread and pastry (bakery outlets)NACE 47241and 1 other
- Establishment unit
- 2.253.403.0401400 Nivelles, since 01-05-2016
- Financial year end
- 31 December
- Peppol
- Reachable since 22-12-2025
Annual accounts 2025
- ≈ €360,000estimated
- €72,392▲ 2.9%
- Filing
- Filed on 31-07-2026, on the last day of the filing period
Insights on PL ACTIO
PL ACTIO files the micro format. That format states no turnover. The gross margin rose from -€35,746 in 2016 to €22,152 in 2025.
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 PL ACTIO
- What is the company number of PL ACTIO?
- The company number of PL ACTIO is 0649.456.471. The VAT number is the same number with BE in front: BE 0649.456.471.
- Where is PL ACTIO based?
- The registered office is at Rue du Parc 19, 6000 Charleroi.Company details
- What does PL ACTIO do?
- According to the KBO register, the main activity is retail sale of bread and pastry (bakery outlets) (NACE 47241).
- What is the legal form of PL ACTIO?
- PL ACTIO is a private limited company (BV).
- When was PL ACTIO founded?
- PL ACTIO was founded on 29-02-2016.
- Is PL ACTIO still active?
- Yes, PL ACTIO is an active enterprise in the KBO register.
- What is the turnover of PL ACTIO?
- The turnover in financial year 2025 is ≈ €360,000. This figure is estimated from the gross margin of €22,152 and 93 comparable companies (NACE 472). It probably lies between €170,000 and €740,000. It is a rough estimate. In financial year 2020 turnover was €6,600.Financials
- Is PL ACTIO profitable?
- In financial year 2025, PL ACTIO made a profit of €16,023.
- Where can I find the annual accounts of PL ACTIO?
- PL ACTIO filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PL ACTIO due?
- PL ACTIO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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