PLACID
ActiveSummary
The computed 12-month bankruptcy probability of PLACID is 5.6% (elevated). The 2024 annual accounts show negative equity (€-2k) and a net result of €11k. Equity is growing by ~34.8% per year across the filed fiscal years. The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability48▼-1
Solvency24▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
5.6%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.98 against 0.99 in 2023; short-term debt: 7.7% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-0.5%
Return on assets
2.4%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-10-2025, 92 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
92 d late
2023
48 d late
2022
31 d late
2021
29 d late
2020
19 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€-2k▲ 82.1%
2023 · €-14k
Total assets
€460k▼ 0.2%
2023 · €461k
Net result
€11k▼ 10.2%
2023 · €12k
Working capital
€-795▼ 247%
2023 · €-229
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
Line20202021202220232024
Operating result€-49k-€18k€13k▼ 28.0%€21k▲ 61.8%€20k▼ 7.1%
Net result€-59k-€9k€4k▼ 53.0%€12k▲ 196%€11k▼ 10.2%
Equity€-39k-€-30k▲ 22.8%€-26k▲ 13.9%€-14k▲ 47.8%€-2k▲ 82.1%
Total assets€469k-€463k▼ 1.4%€459k▼ 0.9%€461k▲ 0.6%€460k▼ 0.2%
Debt€508k-€493k▼ 3.0%€485k▼ 1.7%€475k▼ 2.0%€463k▼ 2.6%
Working capital€-8k-€-6k▲ 25.1%€-9k▼ 50.2%€-229▲ 97.4%€-795▼ 247%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 7% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €460k
Fixed assets
€426k ▼ 1.8%
Current assets
€34k ▲ 24.1%
Key figures and ratios
EBITDA
€27k▼
2023 · €29k
Cash flow
€19k▼
2023 · €20k
Solvency
-0.5%▲
2023 · -2.9%
Current ratio
0.98▼
2023 · 0.99
ROA
2.4%▼
2023 · 2.7%
Interest coverage
3.18▼
2023 · 3.27
Debt ≤ 1 year
€35k▲
2023 · €28k
Debt > 1 year
€411k▼
2023 · €430k
A ratio outside any meaningful range has been withheld (balance sheet total €460k, equity €-2k).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €2k | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8k | €8k | €8k | €8k | €8k | = |
| Other operating charges640/8 | - | €348 | €4k | €2k | €2k | ▲ 0.1% |
| Gross operating margin9900 | €22k | €26k | €25k | €31k | €30k | ▼ 4.8% |
| Operating profit (loss)9901 | €-49k | €18k | €13k | €21k | €20k | ▼ 7.1% |
| Financial income75/76B | - | €7 | - | - | €15 | - |
| Recurring financial income75 | - | €7 | - | - | €15 | - |
| Financial charges65/66B | - | €9k | €9k | €9k | €9k | ▼ 2.6% |
| Recurring financial charges65 | €10k | €9k | €9k | €9k | €9k | ▼ 2.6% |
| Profit (loss) for the period before taxes9903 | €-59k | €9k | €4k | €12k | €11k | ▼ 10.2% |
| Profit (loss) for the period9904 | €-59k | €9k | €4k | €12k | €11k | ▼ 10.2% |
| Profit (loss) for the period to be appropriated9905 | €-59k | €9k | €4k | €12k | €11k | ▼ 10.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €469k | €463k | €459k | €461k | €460k | ▼ 0.2% |
| Fixed assets21/28 | €457k | €449k | €441k | €433k | €426k | ▼ 1.8% |
| Tangible fixed assets22/27 | €457k | €449k | €441k | €433k | €426k | ▼ 1.8% |
| Land and buildings22 | - | €449k | €441k | €433k | €426k | ▼ 1.8% |
| Current assets29/58 | €13k | €14k | €17k | €28k | €34k | ▲ 24.1% |
| Amounts receivable within one year40/41 | - | €2k | €1k | - | €34k | - |
| Trade receivables40 | - | €2k | €1k | - | €303 | - |
| Other amounts receivable41 | - | - | - | - | €34k | - |
| Cash at bank and in hand54/58 | €13k | €12k | - | - | - | - |
| Deferred charges and accrued income490/1 | - | - | €16k | €28k | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €469k | €463k | €459k | €461k | €460k | ▼ 0.2% |
| Equity10/15 | €-39k | €-30k | €-26k | €-14k | €-2k | ▲ 82.1% |
| Contributions10/11 | - | €20k | €20k | €20k | €20k | = |
| Profit (loss) carried forward14 | €-59k | €-50k | €-46k | €-34k | €-22k | ▲ 33.1% |
| Amounts payable17/49 | €508k | €493k | €485k | €475k | €463k | ▼ 2.6% |
| Amounts payable after more than one year17 | €488k | €466k | €448k | €430k | €411k | ▼ 4.4% |
| Financial debts170/4 | - | €346k | €328k | €310k | €291k | ▼ 6.0% |
| Other amounts payable178/9 | - | €120k | €120k | €120k | €120k | ▼ 0.2% |
| Amounts payable within one year42/48 | €21k | €20k | €26k | €28k | €35k | ▲ 25.9% |
| Current portion of amounts payable after more than one year42 | - | €18k | €18k | €18k | €20k | ▲ 9.6% |
| Financial debts43 | - | - | €9 | €7 | - | - |
| Credit institutions430/8 | - | - | €9 | €7 | - | - |
| Trade debts44 | €3k | €2k | €8k | €10k | €15k | ▲ 54.7% |
| Suppliers440/4 | - | €2k | €8k | €10k | €15k | ▲ 54.7% |
| Other amounts payable47/48 | - | - | - | - | €189 | - |
| Accrued charges and deferred income492/3 | - | €7k | €10k | €17k | €16k | ▼ 3.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-59k | €9k | €4k | €12k | €11k | ▼ 10.2% |
| + Depreciation and write-downs630 | €8k | €8k | €8k | €8k | €8k | = |
| Operating cash flow (approximation) | €-51k | €17k | €12k | €20k | €19k | ▼ 6.3% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €-407 | - | - | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 92 days late
2024
17-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 48 days late
2023
31-12
Financial
Highest result since 2020net €12k ▲196%
Operating result €21k, net result €12k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
19-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 19 days late
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, Etterbeek
Ground area
413 m²
Building footprint
197 m²
Volume, LiDAR
2,482 m³
Parcel 21363B0354/00M005, Brussels · tallest building 31.9 m, ±4 floors. Linked by address, not a title deed.
103
companies at this address
See who is registered here
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21363B0354/00M005 | Brussels | 413 m² | 1 · 197 m² | 31.9 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.
Identification & contact
Identification
Legal formPrivate limited company
Founded24-09-2019
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.