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Plabayo

Active
Private limited companyfounded 20241 yr activeFrançois Benardstraat 76, 9000 Gent, BelgiumKBO/BCE: BE 1015.889.215
Summary

Plabayo has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €150,323 and a net result of €64,617. Its solvency ranks better than 95% of 17179 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability100=
Solvency100=
Growth52
Track record82
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14,000 at 30 days only on tighter terms
Liquidity ample (current ratio 40.67 against 5.14 in 2024; short-term debt: 2.3% and cash: 83.2% of total assets), and 2.3% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
97.7%
Return on assets
42%
Age of the figures
9 mo
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 02-07-2026, 29 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
29 d early
2024
29 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 29 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 5 November 2024, Plabayo was incorporated as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€150,323▲ 68.8%
2024 · €89,038
Total assets
€153,880▲ 40.9%
2024 · €109,200
Net result
€64,617▼ 26.9%
2024 · €88,370
Working capital
€141,116▲ 69.0%
2024 · €83,481
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20242025
Operating result€111,465-€82,690▼ 25.8%
Net result€88,370-€64,617▼ 26.9%
Equity€89,038-€150,323▲ 68.8%
Total assets€109,200-€153,880▲ 40.9%
Debt€20,162-€3,557▼ 82.4%
Working capital€83,481-€141,116▲ 69.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50,000€100,000Operating result 2024: €111,465€111,465Net result 2024: €88,370€88,370Operating result 2025: €82,690€82,690Net result 2025: €64,617€64,61720242025€0€50,000€100,000Operating result 2024: €111,465€111,000Net result 2024: €88,370€88,400Operating result 2025: €82,690€82,700Net result 2025: €64,617€64,60020242025
The operating result falls in 2025; 2025 is 26% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €153,880
Fixed assets €9,207 ▲ 65.7%
Current assets €144,673 ▲ 39.6%
Equity and liabilities €153,880
Equity €150,323 ▲ 68.8%
Debt €3,557 ▼ 82.4%
Debt's share of the balance-sheet total falls from 18.5% to 2.3%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€85,347▼
2024 · €111,677
Cash flow
€67,274▼
2024 · €88,582
Current ratio
40.67▲
2024 · 5.14
Debt to equity
0.02▼
2024 · 0.23
ROE
43.0%▼
2024 · 99.2%
ROA
42.0%▼
2024 · 80.9%
Interest coverage
263.95▼
2024 · 1065.62
Debt ≤ 1 year
€3,557▼
2024 · €20,162
Income taxes
€18,151▼
2024 · €22,990
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 11,279 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 97% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
97% still going

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

For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

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 11,279 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 against 2024 · 43 lines
Balance sheet Code20242025
Assets
Total assets20/58€109,200€153,880▲
Fixed assets21/28€5,557€9,207▲
Intangible fixed assets21-€1,578
Tangible fixed assets22/27€5,057€7,129▲
Furniture and vehicles24€5,057€7,129▲
Financial fixed assets28€500€500=
Current assets29/58€103,643€144,673▲
Amounts receivable within one year40/41€33,183€15,803▼
Trade receivables40€32,499€7,804▼
Other amounts receivable41€684€7,999▲
Cash at bank and in hand54/58€70,144€128,030▲
Deferred charges and accrued income490/1€317€841▲
Equity and liabilities
Total equity and liabilities10/49€109,200€153,880▲
Equity10/15€89,038€150,323▲
Contributions10/11€4,000€4,000=
Reserves13€85,038€146,323▲
Distributable reserves133€85,038€146,323▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€20,162€3,557▼
Amounts payable within one year42/48€20,162€3,557▼
Financial debts43€107€85▼
Credit institutions430/8€107€85▼
Trade debts44-€140
Suppliers440/4-€140
Taxes, remuneration and social security45€16,553€0▼
Taxes450/3€16,553€0▼
Other amounts payable47/48€3,502€3,332▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€212€2,657▲
Gross operating margin9900€111,677€85,347▼
Operating profit (loss)9901€111,465€82,690▼
Financial income75/76B-€401
Recurring financial income75-€401
Financial charges65/66B€105€323▲
Recurring financial charges65€105€323▲
Profit (loss) for the period before taxes9903€111,360€82,768▼
Income taxes67/77€22,990€18,151▼
Profit (loss) for the period9904€88,370€64,617▼
Profit (loss) for the period to be appropriated9905€88,370€64,617▼
Appropriation of the result
Profit (loss) to be appropriated9906€88,370€64,617▼
Transfer to equity691/2€85,038€61,285▼
To other reserves6921€85,038€61,285▼
Profit to be distributed694/7€3,332€3,332=
Return on contributions (dividend)694€3,332€3,332=

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€212€2,657▲ 1,153%
Gross operating margin9900€111,677€85,347▼ 23.6%
Operating profit (loss)9901€111,465€82,690▼ 25.8%
Financial income75/76B-€401-
Recurring financial income75-€401-
Financial charges65/66B€105€323▲ 209%
Recurring financial charges65€105€323▲ 209%
Profit (loss) for the period before taxes9903€111,360€82,768▼ 25.7%
Income taxes67/77€22,990€18,151▼ 21.0%
Profit (loss) for the period9904€88,370€64,617▼ 26.9%
Profit (loss) for the period to be appropriated9905€88,370€64,617▼ 26.9%
Line20242025Change
Assets
Total assets20/58€109,200€153,880▲ 40.9%
Fixed assets21/28€5,557€9,207▲ 65.7%
Intangible fixed assets21-€1,578-
Tangible fixed assets22/27€5,057€7,129▲ 41.0%
Furniture and vehicles24€5,057€7,129▲ 41.0%
Financial fixed assets28€500€500=
Current assets29/58€103,643€144,673▲ 39.6%
Amounts receivable within one year40/41€33,183€15,803▼ 52.4%
Trade receivables40€32,499€7,804▼ 76.0%
Other amounts receivable41€684€7,999▲ 1,070%
Cash at bank and in hand54/58€70,144€128,030▲ 82.5%
Deferred charges and accrued income490/1€317€841▲ 166%
Equity and liabilities
Total equity and liabilities10/49€109,200€153,880▲ 40.9%
Equity10/15€89,038€150,323▲ 68.8%
Contributions10/11€4,000€4,000=
Reserves13€85,038€146,323▲ 72.1%
Distributable reserves133€85,038€146,323▲ 72.1%
Profit (loss) carried forward14€0€0-
Amounts payable17/49€20,162€3,557▼ 82.4%
Amounts payable within one year42/48€20,162€3,557▼ 82.4%
Financial debts43€107€85▼ 20.5%
Credit institutions430/8€107€85▼ 20.5%
Trade debts44-€140-
Suppliers440/4-€140-
Taxes, remuneration and social security45€16,553€0▼ 100%
Taxes450/3€16,553€0▼ 100%
Other amounts payable47/48€3,502€3,332▼ 4.9%
Line20242025Change
Profit (loss) for the period9904€88,370€64,617▼ 26.9%
+ Depreciation and write-downs630€212€2,657▲ 1,153%
Operating cash flow (approximation)€88,582€67,274▼ 24.1%
Investment in fixed assets (approximation)--€6,307-
Change in cash-€57,886-

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
02-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Liquidity times 8current ratio 40.67
Current ratio from 5.14 to 40.67; short-term debt falls from €20,162 to €3,557.
31-12
Financial Equity above €150,000Eq €150,323 ▲68.8%
2 profitable years in a row build equity to €150,323.
02-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
90 m²
Building footprint
80 m²
Volume, LiDAR
721 m³
Parcel 44804D2724/00N002, Flanders · tallest building 16.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Plabayo
François Benardstraat 76, 9000 GentOther education
since 20242.366.014.003
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44804D2724/00N002 Flanders 90 m² 1 · 80 m² 16.1 m · 4 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 30,007 companies in sector 62200 we hold annual accounts for 18,396. 15,320 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded05-11-2024
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
62900Other information technology and computer services
62100Computer programming
82990Other business support services
85599Other education
Contact
E-mail accounting@plabayo.tech
Phone +32485438237
E-invoicing
Reachable via Peppol
Peppol ID 0208:1015889215
Also 9925:BE1015889215
Registered 24-06-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.