PLACO FINISHING
Annual accounts 2025
abbreviated format, filed on 03-07-2026, 28 days before the deadline€562,062
▲ 64.9%
€371,575
▲ 179%
€279,207
▲ 191%
€228,120
▼ 11.4%
33.8%
▼ 24.3 percentage points
1.50
▼ 0.85
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €1.4m. Estimated: probably between €1.2m and €1.8m.
Balance sheet
balance sheet total €694,236 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
33.8%
Higher than 37% of 9,967 companies in 2025.
1.50
Higher than 41% of 9,830 companies in 2025.
40.2%
Higher than 95% of 9,899 companies in 2025.
PLACO FINISHING
Middle half of the sector
80% of the sector
Abbreviated accounts in specialised construction (NACE 43)
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half · Staff: middle half
Staff
€45,627
Staff costs divided by the average number of full-time equivalents.
Blue and white collar2 blue-collar
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||
20/58 |
694,236 | 456,172 | 503,705 | 461,364 | 621,195 | 623,039 | 467,928 | 313,117 | 313,595 | 255,797 | 57,780 | |
21/28 |
6,710 | 7,773 | 35,051 | 55,287 | 69,043 | 95,246 | 42,227 | 37,634 | 55,706 | 73,647 | 1,863 | |
22/27 |
6,630 | 7,693 | 34,971 | 55,207 | 68,962 | 94,546 | 41,527 | 36,934 | 55,006 | 72,947 | 1,783 | |
23 |
1,343 | 2,686 | 2,529 | 2,035 | 646 | 2,128 | 3,636 | 2,221 | 1,743 | 2,128 | 746 | |
24 |
5,287 | 5,007 | 32,443 | 53,172 | 68,317 | 92,418 | 37,891 | 34,713 | 53,263 | 70,819 | 1,037 | |
28 |
80 | 80 | 80 | 80 | 80 | 700 | 700 | 700 | 700 | 700 | 80 | |
29/58 |
687,525 | 448,399 | 468,654 | 406,077 | 552,152 | 527,793 | 425,701 | 275,483 | 257,889 | 182,150 | 55,917 | |
40/41 |
260,561 | 247,295 | 282,281 | 245,513 | 233,046 | 331,943 | 332,249 | 222,257 | 208,162 | 122,655 | 35,230 | |
40 |
234,467 | 228,503 | 269,813 | 231,366 | 142,353 | 243,010 | 245,679 | 169,415 | 183,954 | 114,520 | 34,890 | |
41 |
26,094 | 18,792 | 12,469 | 14,148 | 90,693 | 88,932 | 86,570 | 52,842 | 24,208 | 8,135 | 340 | |
54/58 |
423,320 | 197,781 | 184,949 | 157,693 | 315,821 | 194,746 | 91,559 | 52,589 | 48,574 | 58,656 | 20,687 | |
490/1 |
3,644 | 3,323 | 1,424 | 2,871 | 3,285 | 1,104 | 1,893 | 637 | 1,153 | 839 | - | |
| Balance sheet: equity and liabilities | ||||||||||||
10/49 |
694,236 | 456,172 | 503,705 | 461,364 | 621,195 | 623,039 | 467,928 | 313,117 | 313,595 | 255,797 | 57,780 | |
10/15 |
234,831 | 265,221 | 251,551 | 279,838 | 283,874 | 372,962 | 294,824 | 186,672 | 93,941 | 71,612 | 24,940 | |
10/11 |
18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 1,500 | 1,500 | 1,500 | 1,500 | 1,500 | |
100 |
- | - | - | - | - | - | 1,500 | 1,500 | 1,500 | 1,500 | 1,500 | |
13 |
- | - | - | 1,855 | 1,855 | 1,855 | 18,905 | 18,905 | 18,905 | 17,050 | 5,860 | |
130/1 |
- | - | - | 1,855 | 1,855 | 1,855 | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 18,905 | 18,905 | 18,905 | 17,050 | 5,860 | |
1311 |
- | - | - | 1,855 | 1,855 | 1,855 | - | - | - | - | - | |
14 |
216,281 | 246,671 | 233,001 | 259,433 | 263,469 | 352,557 | 274,419 | 166,267 | 73,536 | 53,062 | 17,580 | |
17/49 |
459,405 | 190,950 | 252,154 | 181,527 | 337,320 | 250,077 | 173,104 | 126,445 | 219,654 | 184,185 | 32,840 | |
17 |
- | - | 2,972 | 20,700 | 38,715 | 61,657 | 36,889 | 29,407 | 46,401 | 63,153 | - | |
170/4 |
- | - | 2,972 | 20,700 | 38,715 | 61,657 | 36,889 | 29,407 | 46,401 | 63,153 | - | |
42/48 |
459,405 | 190,950 | 249,182 | 160,827 | 298,606 | 188,420 | 136,214 | 97,038 | 173,253 | 121,032 | 32,840 | |
42 |
- | 2,972 | 17,728 | 21,953 | 22,942 | 38,242 | 35,437 | 15,182 | 16,670 | 16,515 | - | |
43 |
- | - | - | - | - | - | - | - | 40,000 | - | - | |
430/8 |
- | - | - | - | - | - | - | - | 40,000 | - | - | |
44 |
34,372 | 62,740 | 62,677 | 61,007 | 76,515 | 89,431 | 29,689 | 45,276 | 87,380 | 55,731 | 11,381 | |
440/4 |
34,372 | 62,740 | 62,677 | 61,007 | 76,515 | 89,431 | 25,849 | 45,276 | 87,380 | 55,731 | 11,381 | |
441 |
- | - | - | - | - | - | 3,840 | - | - | - | - | |
45 |
115,435 | 42,885 | 49,801 | 17,202 | 29,149 | 59,296 | 69,619 | 35,480 | 27,399 | 42,978 | 11,630 | |
450/3 |
96,958 | 25,100 | 34,396 | 4,450 | 25,570 | 52,500 | 62,437 | 31,990 | 26,510 | 41,123 | 11,630 | |
454/9 |
18,478 | 17,785 | 15,405 | 12,752 | 3,579 | 6,796 | 7,182 | 3,490 | 889 | 1,855 | - | |
47/48 |
309,598 | 82,353 | 118,976 | 60,665 | 170,000 | 1,452 | 1,470 | 1,099 | 1,804 | 5,808 | 9,829 | |
| Income statement | ||||||||||||
9900 |
562,062 | 340,783 | 326,555 | 246,245 | 297,527 | 226,744 | 226,473 | 226,395 | 166,975 | 107,641 | 33,205 | |
62 |
182,510 | 175,533 | 170,486 | 149,563 | 104,309 | 98,243 | 52,908 | 16,416 | 13,917 | 9,712 | - | |
630 |
5,535 | 30,062 | 32,845 | 25,039 | 26,365 | 29,377 | 26,259 | 20,853 | 20,750 | 19,814 | 892 | |
631/4 |
- | - | - | - | - | - | - | 50,765 | 84,562 | - | - | |
640/8 |
2,442 | 2,091 | 757 | 979 | 44,568 | 713 | 6,358 | 3,281 | 9,339 | 496 | 347 | |
9901 |
371,575 | 133,097 | 122,467 | 70,664 | 122,286 | 98,411 | 140,948 | 135,081 | 38,407 | 77,619 | 31,966 | |
75/76B |
1,317 | 291 | 106 | 55 | 2,415 | 10,682 | 12,803 | 6,267 | 152 | 802 | 298 | |
75 |
1,317 | 291 | 106 | 55 | 2,415 | 10,682 | 12,803 | 6,267 | 152 | 802 | 298 | |
65/66B |
433 | 1,617 | 1,236 | 1,432 | 1,840 | 4,456 | 5,005 | 9,687 | 762 | 767 | 324 | |
65 |
433 | 1,617 | 1,236 | 1,432 | 1,840 | 4,456 | 5,005 | 9,687 | 762 | 767 | 324 | |
9903 |
372,459 | 131,771 | 121,337 | 69,287 | 122,861 | 104,637 | 148,746 | 131,661 | 37,797 | 77,654 | 31,940 | |
67/77 |
93,253 | 35,748 | 31,977 | 14,500 | 41,949 | 26,500 | 40,594 | 38,930 | 15,468 | 30,982 | 8,500 | |
9904 |
279,207 | 96,023 | 89,361 | 54,787 | 80,913 | 78,137 | 108,153 | 92,731 | 22,329 | 46,672 | 23,440 | |
9905 |
279,207 | 96,023 | 89,361 | 54,787 | 80,913 | 78,137 | 108,153 | 92,731 | 22,329 | 46,672 | 23,440 | |
| Appropriation of the result | ||||||||||||
9906 |
525,878 | 329,024 | 350,648 | 318,256 | 433,469 | 352,557 | 274,419 | 166,267 | 75,391 | 64,252 | 23,440 | |
14P |
246,671 | 233,001 | 261,288 | 263,469 | 352,557 | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | 1,855 | 11,190 | 5,860 | |
6920 |
- | - | - | - | - | - | - | - | 1,855 | 11,190 | 5,860 | |
694/7 |
309,598 | 82,353 | 117,647 | 58,824 | 170,000 | - | - | - | - | - | - | |
694 |
309,598 | 82,353 | 117,647 | 58,824 | 170,000 | - | - | - | - | - | - | |
| Social balance sheet | ||||||||||||
9087 |
4 | 4 | 4 | 4 | 3 | 3 | 1.8 | - | 0.5 | - | - | |
Hours worked1013 |
6,922 | 6,868 | 6,834 | 6,885 | 4,863 | 4,842 | 3,100 | - | 908 | - | - | |
| Document | ||||||||||||
The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 03-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 03-07-2026 | 2026-00259316 | |
| 31-12-2024 | abbreviated format | 30-06-2025 | 2025-00209936 | |
| 31-12-2023 | abbreviated format | 01-07-2024 | 2024-00203282 | |
| 31-12-2022 | abbreviated format | 04-07-2023 | 2023-00206332 | |
| 31-12-2021 | abbreviated format | 27-06-2022 | 2022-20107379 | |
| 31-12-2020 | abbreviated format | 03-08-2021 | 2021-45700522 | |
| 31-12-2019 | abbreviated format | 21-08-2020 | 2020-43100317 | |
| 31-12-2018 | micro format | 31-07-2019 | 2019-43700356 | |
| 31-12-2017 | micro format | 14-08-2018 | 2018-45800111 | |
| 31-12-2016 | full format | 09-08-2017 | 2017-42800235 | |
| 31-12-2015 | full format | 05-07-2016 | 2016-28000466 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 377,110 | 163,159 | 155,311 | 95,703 | 148,650 | 127,789 | 167,207 | 155,934 | 59,157 | 97,433 | 32,858 | ||
| 284,742 | 126,085 | 122,206 | 79,826 | 107,277 | 107,514 | 134,412 | 113,584 | 43,079 | 66,486 | 24,332 | ||
| 5,041 | 2,783 | 12,609 | 11,283 | 781 | 94,896 | 30,852 | 2,781 | 2,809 | 91,598 | 2,755 | ||
| 225,539 | 12,833 | 27,255 | -158,128 | 121,075 | 103,187 | 38,970 | 4,015 | -10,082 | 37,969 | - | ||
| 228,120 | 257,448 | 219,472 | 245,251 | 253,546 | 339,372 | 289,487 | 178,445 | 84,636 | 61,118 | 23,077 | ||
| 33.8% | 58.1% | 49.9% | 60.7% | 45.7% | 59.9% | 63.0% | 59.6% | 30.0% | 28.0% | 43.2% | ||
| 1.50 | 2.35 | 1.88 | 2.52 | 1.85 | 2.80 | 3.13 | 2.84 | 1.49 | 1.50 | 1.70 | ||
| 1.96 | 0.72 | 1.00 | 0.65 | 1.19 | 0.67 | 0.59 | 0.68 | 2.34 | 2.57 | 1.32 | ||
| 118.9% | 36.2% | 35.5% | 19.6% | 28.5% | 21.0% | 36.7% | 49.7% | 23.8% | 65.2% | 94.0% | ||
| 40.2% | 21.0% | 17.7% | 11.9% | 13.0% | 12.5% | 23.1% | 29.6% | 7.1% | 18.2% | 40.6% | ||
| over 100 | over 100 | over 100 | 66.83 | 80.80 | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 4 | 4 | 4 | 4 | 4 |
| full-time | 4 | 4 | 4 | 4 | 2 |
| part-time | - | - | - | - | 2 |
| in full-time equivalents | 4 | 4 | 4 | 4 | 3 |
| 4 | 4 | 4 | 4 | 3 | |
| On a permanent contract | 4 | 4 | 4 | 4 | 4 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €5,041 | €2,783 | €12,609 | €11,283 | €781 |
| €5,535 | €30,062 | €32,845 | €25,039 | €26,365 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on PLACO FINISHING
The operating result for 2025 is 179% higher than in 2024 and the highest since 2015. It is the third rise in a row, after the fall in 2022.
Debt's share of the balance-sheet total rises from 41.9% to 66.2%. Equity is lower and debt is higher.