PLACOFORT
ActiveSummary
PLACOFORT has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €39,168 and a net result of -€10,191. Equity is shrinking by ~10.3% per year across the filed fiscal years. Its solvency ranks better than 22% of 7459 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability16▼-12
Solvency47▼-5
Growth30=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.26 against 1.35 in 2023; short-term debt: 78.1% and cash: 26.4% of total assets), and 78.1% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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
21.9%
Return on assets
-5.7%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 7459 sector peers (2024).
NBB · sector comparisonPosition among 7459 sector peers
Solvency
better than 22%
← weakest
strongest →
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 22-09-2026, 418 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
418 d late
2023
783 d late
2022
60 d late
2021
92 d late
2020
61 d late
2019
61 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 246 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, abbreviated schema
In the rankings
#9 oldest company in Jodoigne, Construction sector
Turnover
€702,252▼ 2.3%
2023 · €718,791
EBIT margin
0.0%▼ 1.9pp
2023 · 1.9%
Net result
-€10,191
2023 · €351
Working capital
€36,958▼ 19.8%
2023 · €46,089
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€574,143▼ 19.7%€667,740▲ 16.3%€531,607▼ 20.4%€718,791▲ 35.2%€702,252▼ 2.3%
Operating result-€1,904▲ 87.7%€4,118€19,259▲ 368%€13,973▼ 27.4%€282▼ 98.0%
Net result-€13,829below the sector's middle half▲ 38.0%-€6,201below the sector's middle half▲ 55.2%€4,835within the sector's middle half€351below the sector's middle half▼ 92.7%-€10,191below the sector's middle half
EBIT margin-0.3%▲ 1.8pp0.6%▲ 0.9pp3.6%▲ 3.0pp1.9%▼ 1.7pp0.0%▼ 1.9pp
Equity€50,373within the sector's middle half▼ 21.5%€43,173within the sector's middle half▼ 14.3%€49,007within the sector's middle half▲ 13.5%€49,359below the sector's middle half▲ 0.7%€39,168below the sector's middle half▼ 20.6%
Total assets€169,961within the sector's middle half▼ 11.3%€152,437within the sector's middle half▼ 10.3%€163,821within the sector's middle half▲ 7.5%€180,663below the sector's middle half▲ 10.3%€178,809below the sector's middle half▼ 1.0%
Debt€119,588▼ 6.2%€109,264▼ 8.6%€114,813▲ 5.1%€131,304▲ 14.4%€139,641▲ 6.3%
Working capital€54,908within the sector's middle half▼ 17.5%€48,771within the sector's middle half▼ 11.2%€45,748within the sector's middle half▼ 6.2%€46,089within the sector's middle half▲ 0.7%€36,958within the sector's middle half▼ 19.8%
Solvency29.6%within the sector's middle half▼ 3.9pp28.3%within the sector's middle half▼ 1.3pp29.9%within the sector's middle half▲ 1.6pp27.3%within the sector's middle half▼ 2.6pp21.9%below the sector's middle half▼ 5.4pp
Current ratio1.53within the sector's middle half▼ 0.121.48within the sector's middle half▼ 0.051.40within the sector's middle half▼ 0.081.35within the sector's middle half▼ 0.051.26within the sector's middle half▼ 0.09
Return on assets (ROA)-8.1%below the sector's middle half▲ 3.5pp-4.1%below the sector's middle half▲ 4.1pp3.0%within the sector's middle half▲ 7.0pp0.2%below the sector's middle half▼ 2.8pp-5.7%below the sector's middle half▼ 5.9pp
Staff (FTE)0.81▲ 25.0%1below the sector's middle half=1below the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 98% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €178,809
Fixed assets
€2,210 ▼ 32.4%
Current assets
€176,599 ▼ 0.4%
Equity and liabilities €178,809
Equity
€39,168 ▼ 20.6%
Debt
€139,641 ▲ 6.3%
Debt's share of the balance-sheet total rises from 72.7% to 78.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€2,126▼
2023 · €15,258
Cash flow
-€8,347▼
2023 · €1,636
Debt to equity
3.57▲
2023 · 2.66
ROE
-26.0%▼
2023 · 0.7%
Interest coverage
0.20▼
2023 · 1.06
Debt ≤ 1 year
€139,641▲
2023 · €131,304
Staff costs
€32,451▲
2023 · €19,459
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,450 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a small loss
1.5%
went bankrupt
5.0%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.0% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 2,450 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €574,143 | €667,740 | €531,607 | €718,791 | €702,252 | ▼ 2.3% |
| Goods, raw materials, services and sundry goods60/61 | - | €631,594 | €513,573 | €717,815 | €673,879 | ▼ 6.1% |
| Remuneration, social security and pensions62 | - | €19,781 | €30,247 | €19,459 | €32,451 | ▲ 66.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,442 | €11,771 | €2,469 | €1,285 | €1,844 | ▲ 43.5% |
| Other operating charges640/8 | - | €5,482 | €3,785 | €2,079 | €2,079 | = |
| Gross operating margin9900 | €20,148 | €41,152 | €55,760 | €36,796 | €36,656 | ▼ 0.4% |
| Operating profit (loss)9901 | -€1,904 | €4,118 | €19,259 | €13,973 | €282 | ▼ 98.0% |
| Financial income75/76B | - | €22 | - | €371 | €98 | ▼ 73.5% |
| Recurring financial income75 | €21 | €22 | - | €371 | €98 | ▼ 73.5% |
| Financial charges65/66B | - | €10,234 | €9,915 | €14,338 | €10,571 | ▼ 26.3% |
| Recurring financial charges65 | €11,508 | €10,234 | €9,915 | €14,338 | €10,571 | ▼ 26.3% |
| Profit (loss) for the period before taxes9903 | -€13,391 | -€6,094 | €9,344 | €7 | -€10,191 | ▼ 152,881% |
| Income taxes67/77 | €437 | €107 | €4,510 | -€344 | - | - |
| Profit (loss) for the period9904 | -€13,829 | -€6,201 | €4,835 | €351 | -€10,191 | ▼ 3,003% |
| Profit (loss) for the period to be appropriated9905 | -€13,829 | -€6,201 | €4,835 | €351 | -€10,191 | ▼ 3,003% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €169,961 | €152,437 | €163,821 | €180,663 | €178,809 | ▼ 1.0% |
| Fixed assets21/28 | €12,007 | €2,525 | €3,259 | €3,270 | €2,210 | ▼ 32.4% |
| Tangible fixed assets22/27 | €12,007 | €2,525 | €3,259 | €3,270 | €2,210 | ▼ 32.4% |
| Plant, machinery and equipment23 | - | €807 | €9 | - | - | - |
| Furniture and vehicles24 | - | €1,718 | €3,250 | €3,270 | €2,210 | ▼ 32.4% |
| Current assets29/58 | €157,954 | €149,912 | €160,561 | €177,393 | €176,599 | ▼ 0.4% |
| Amounts receivable within one year40/41 | €156,266 | €137,527 | €150,189 | €102,854 | €129,370 | ▲ 25.8% |
| Trade receivables40 | - | €129,594 | €139,808 | €93,682 | €118,398 | ▲ 26.4% |
| Other amounts receivable41 | - | €7,933 | €10,381 | €9,172 | €10,973 | ▲ 19.6% |
| Cash at bank and in hand54/58 | €1,688 | €12,385 | €10,372 | €59,549 | €47,228 | ▼ 20.7% |
| Deferred charges and accrued income490/1 | - | - | - | €14,989 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €169,961 | €152,437 | €163,821 | €180,663 | €178,809 | ▼ 1.0% |
| Equity10/15 | €50,373 | €43,173 | €49,007 | €49,359 | €39,168 | ▼ 20.6% |
| Contributions10/11 | €6,200 | €5,200 | €6,200 | €6,200 | €6,200 | = |
| Capital10 | - | €5,200 | €6,200 | €6,200 | €6,200 | = |
| Issued capital100 | - | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Uncalled capital101 | - | €13,392 | €12,392 | €12,392 | €12,392 | = |
| Reserves13 | €9,859 | €9,859 | €9,859 | €9,859 | €9,859 | = |
| Non-distributable reserves130/1 | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Legal reserve130 | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Tax-exempt reserves132 | - | €8,000 | €8,000 | €8,000 | €8,000 | = |
| Profit (loss) carried forward14 | €34,314 | €28,114 | €32,948 | €33,299 | €23,109 | ▼ 30.6% |
| Amounts payable17/49 | €119,588 | €109,264 | €114,813 | €131,304 | €139,641 | ▲ 6.3% |
| Amounts payable after more than one year17 | €16,542 | €8,123 | - | - | - | - |
| Financial debts170/4 | - | €8,123 | - | - | - | - |
| Amounts payable within one year42/48 | €103,046 | €101,140 | €114,813 | €131,304 | €139,641 | ▲ 6.3% |
| Financial debts43 | - | €59,478 | €99,990 | €89,276 | €91,350 | ▲ 2.3% |
| Credit institutions430/8 | - | €59,478 | €99,990 | €89,276 | €91,350 | ▲ 2.3% |
| Trade debts44 | €3,987 | €38,834 | €3,052 | €37,290 | €27,450 | ▼ 26.4% |
| Suppliers440/4 | - | €38,834 | €3,052 | €37,290 | €27,450 | ▼ 26.4% |
| Taxes, remuneration and social security45 | - | €1,006 | €11,539 | €4,436 | €15,064 | ▲ 240% |
| Taxes450/3 | - | €184 | €7,142 | €1,370 | €7,300 | ▲ 433% |
| Remuneration and social security454/9 | - | €822 | €4,397 | €3,066 | €7,765 | ▲ 153% |
| Other amounts payable47/48 | - | €1,823 | €232 | €303 | €5,776 | ▲ 1,807% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€13,829 | -€6,201 | €4,835 | €351 | -€10,191 | ▼ 3,003% |
| + Depreciation and write-downs630 | €12,442 | €11,771 | €2,469 | €1,285 | €1,844 | ▲ 43.5% |
| Operating cash flow (approximation) | -€1,387 | €5,570 | €7,303 | €1,636 | -€8,347 | ▼ 610% |
| Investment in fixed assets (approximation) | - | -€2,288 | -€3,203 | -€1,295 | -€784 | ▲ 39.4% |
| Change in cash | - | €10,697 | -€2,012 | €49,177 | -€12,321 | ▼ 125% |
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
2026
22-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 418 days late
22-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 783 days late
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
31-12
Financial
Back to profitnet €4,835
Net result €4,835 after 3 loss-making years.
31-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 92 days late
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
31-12
Financial
Weakest financial yearnet -€22,313
Net result drops to -€22,313, the lowest in the series; recovery starts the following year.
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 59 days late
2017
28-04
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
4 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, Jodoigne · 1 establishment unit since 1993
Ground area
2,086 m²
Building footprint
124 m²
Volume, LiDAR
913 m³
Parcel 25049C0363/00C000, Wallonia · tallest building 10.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue du Baukion(J.-S.) 45, 1370 Jodoigne
since 19932.063.481.196
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25049C0363/00C000 | Wallonia | 2,086 m² | 1 · 124 m² | 10.2 m · 3 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
Yves Hendrikx grond- en bestratingswerken
BE 0781.702.313
Maaseik · Eq €39,160
M.L.INVEST
BE 0872.786.796
Charleroi · Eq €39,224
Alles rond groen
BE 0779.626.414
Aarschot · Eq €38,988
CKL DECO RENO
BE 0759.908.292
Fosses-la-Ville · Eq €39,426
ONAR-M
BE 0723.970.485
Gent · Eq €38,890
Of 8,465 companies in sector 43120 we hold annual accounts for 3,233. 2,388 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 (pre-2019)
Founded12-08-1993
Fiscal year end31-12
Activities, NACEBEL 2025
43120Site preparation
43310Plastering work
31001Manufacture of furniture
43211General electrical installation work
43230Insulation installation
43320Joinery installation
43422Screed work
43990Other specialised construction activities
71112Activities of interior architects
81220Other building cleaning and industrial cleaning
95240Repair and maintenance of furniture and upholstery
E-invoicing
Reachable via Peppol
Peppol ID
0208:0450679420
Also
9925:BE0450679420
Registered
08-02-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.