PLACO FINISHING
ActiveSummary
PLACO FINISHING has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €235k and a net result of €279k. Equity remains stable across the filed fiscal years (±2.5% per year). Its solvency ranks better than 37% of 7777 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
75
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+5
Solvency59▼-24
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity tight (current ratio 1.5 against 2.35 in 2024; short-term debt: 66.2% and cash: 61% of total assets), and 66.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
33.8%
Return on assets
40.2%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
31 d early
2023
30 d early
2022
27 d early
2021
34 d early
2020
3 d late
2019
21 d late
← before the deadline
after the deadline →
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 monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€235k▼ 11.5%
2024 · €265k
2018: €187k
2019: €295k
2020: €373k
2021: €284k
2022: €280k
2023: €252k
2024: €265k
2018 → 2025
Total assets
€694k▲ 52.2%
2024 · €456k
2018: €313k
2019: €468k
2020: €623k
2021: €621k
2022: €461k
2023: €504k
2024: €456k
2018 → 2025
Net result
€279k▲ 191%
2024 · €96k
2018: €93k
2019: €108k
2020: €78k
2021: €81k
2022: €55k
2023: €89k
2024: €96k
2018 → 2025
Working capital
€228k▼ 11.4%
2024 · €257k
2018: €178k
2019: €289k
2020: €339k
2021: €254k
2022: €245k
2023: €219k
2024: €257k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€284k-€280k▼ 1.4%€252k▼ 10.1%€265k▲ 5.4%€235k▼ 11.5%
Operating result€122k-€71k▼ 42.2%€122k▲ 73.3%€133k▲ 8.7%€372k▲ 179%
Net result€81k-€55k▼ 32.3%€89k▲ 63.1%€96k▲ 7.5%€279k▲ 191%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 179% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €694k
Fixed assets
€7k ▼ 13.7%
Current assets
€688k ▲ 53.3%
Equity and liabilities €694k
Equity
€235k ▼ 11.5%
Debt
€459k ▲ 141%
Debt's share of the balance-sheet total rises from 41.9% to 66.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€377k▲
2024 · €163k
Cash flow
€285k▲
2024 · €126k
Current ratio
1.50▼
2024 · 2.35
Debt to equity
1.96▲
2024 · 0.72
ROE
118.9%▲
2024 · 36.2%
ROA
40.2%▲
2024 · 21.0%
Interest coverage
871.67▲
2024 · 100.92
Debt ≤ 1 year
€459k▲
2024 · €191k
Income taxes
€93k▲
2024 · €36k
Staff costs
€183k▲
2024 · €176k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€456k€694k▲
Fixed assets21/28€8k€7k▼
Tangible fixed assets22/27€8k€7k▼
Plant, machinery and equipment23€3k€1k▼
Furniture and vehicles24€5k€5k▲
Financial fixed assets28€80€80=
Current assets29/58€448k€688k▲
Amounts receivable within one year40/41€247k€261k▲
Trade receivables40€229k€234k▲
Other amounts receivable41€19k€26k▲
Cash at bank and in hand54/58€198k€423k▲
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€456k€694k▲
Equity10/15€265k€235k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€247k€216k▼
Amounts payable17/49€191k€459k▲
Amounts payable within one year42/48€191k€459k▲
Current portion of amounts payable after more than one year42€3k-
Trade debts44€63k€34k▼
Suppliers440/4€63k€34k▼
Taxes, remuneration and social security45€43k€115k▲
Taxes450/3€25k€97k▲
Remuneration and social security454/9€18k€18k▲
Other amounts payable47/48€82k€310k▲
Income statement
Code20242025
Remuneration, social security and pensions62€176k€183k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30k€6k▼
Other operating charges640/8€2k€2k▲
Gross operating margin9900€341k€562k▲
Operating profit (loss)9901€133k€372k▲
Financial income75/76B€291€1k▲
Recurring financial income75€291€1k▲
Financial charges65/66B€2k€433▼
Recurring financial charges65€2k€433▼
Profit (loss) for the period before taxes9903€132k€372k▲
Income taxes67/77€36k€93k▲
Profit (loss) for the period9904€96k€279k▲
Profit (loss) for the period to be appropriated9905€96k€279k▲
Appropriation of the result
Profit (loss) to be appropriated9906€329k€526k▲
Profit (loss) brought forward from the previous period14P€233k€247k▲
Profit to be distributed694/7€82k€310k▲
Return on contributions (dividend)694€82k€310k▲
Social balance
Average headcount (FTE)90874.04.0=
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €279k ▲191%
Operating result €372k, net result €279k, both a record.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €55k ▼32.3%
Net result drops to €55k, the lowest in the series; recovery starts the following year.
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
03-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 3 days late
2020
21-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 21 days late
2019
31-12
Financial
Equity above €200kEq €295k ▲57.9%
2 profitable years in a row build equity to €295k.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
14-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 14 days late
2017
09-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 acts for this company are 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, Sint-Pieters-Leeuw · 1 establishment unit since 2015
Ground area
387 m²
Building footprint
143 m²
Volume, LiDAR
722 m³
Parcel 23077A0041/00X004, Flanders · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
PLACO FINISHING
since 20152.240.834.711
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23077A0041/00X004 | Flanders | 387 m² | 1 · 143 m² | 10.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 4,096 companies in sector 43240 we hold annual accounts for 1,632. 1,243 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-02-2015
Fiscal year end31-12
Activities, NACEBEL 2025
43240Other construction installation
43331Floor and wall tiling
43350Other building finishing work
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:placofinishing@gmail.com
Phone:0490430481