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PLADIJS POWER

Active
Private limited companyfounded 2019active for 7 yearsKerkstraat 131, 8370 Blankenberge, BelgiumKBO/BCE: BE 0728.920.653
Summary

The annual accounts of PLADIJS POWER for financial year 2025 show a net loss of 69% of total assets and of 56% of the equity at the start of that year. The 2025 annual accounts show equity of €24,174 and a net result of -€30,574. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 68% of 22,382 sector peers (NACE 47, financial year 2025). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Activity
Retail trade
NACE 47260
1 site
Size
€44,440total assets 2025
Equity
€24,174
Loss
-€30,574
Turnover not published (micro format)
Financial health
55 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Structure
Accounts filed 19 days late0 of 1 deed read
Why 55raises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLoss of €30,574 (financial year 2025)Size: total assets €44,440lowers riskLiquidity: current ratio 1.77, cash €16,465Equity €24,174 (54.4% of total assets)Show the evidence

Checked score

Score 2025
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 41% of its sector peers (NACE 47, micro)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Average
Solvency 79-21
equity 54.4% of total assets
Liquidity 74-22
short-term debt 45.6% · cash 37.0%
Profitability 0-85
return on assets -68.8%
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,230 companies, NACE 47, micro)
Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.3%▼ -0.1 percentage points vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.2%▼ -0.1 percentage points vs 08-2025lowest value 10-2025: 0.2%● unchanged vs 09-2025lowest value 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.3%▲ +0.1 percentage points vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.7%▲ +0.4 percentage points vs 07-2026 09-2026: 0.8%▲ +0.1 percentage points vs 08-2026highest value 10-2026: 0.8%● unchanged vs 09-2026highest value
Credit of up to €1,000 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 1.77, above the usual 1.5; short-term debt: 45.6% and cash: 37% of total assets), and 45.6% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro): better than 68% on solvency, 80% on liquidity, 6% on profitability and 10% on growth.

The bankruptcy probability was computed on 20-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 1.77, cash €16,465
NBB · annual accounts
raises risk · Loss of €30,574 (financial year 2025)
NBB · annual accounts
lowers risk · Equity €24,174 (54.4% of total assets)
NBB · annual accounts
raises risk · Size: total assets €44,440
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-08-2026, 19 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 6 filings
Deviation from the deadline
2025
19 days late
2024
42 days early
2023
44 days early
2022
21 days early
2021
19 days early
2020
30 days 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 13 days before the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 10 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
21-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Liquidity more than 575 timescurrent ratio 1099.18

Financials · financial year 2025, micro format

2025 annual accounts filed late (19 days) Filed on 19 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00410922.

Equity
€24,174▼ 55.8%
2024 · €54,749
Total assets
€44,440▼ 18.9%
2024 · €54,789
Net result
-€30,574
2024 · €7,041
Working capital
€15,633▼ 64.2%
2024 · €43,707
Trend over the years

2021 to 2025, 5 financial years 2020 to 2025, 6 financial years

The operating result turns negative in 2025: a loss of €30,062 after €9,987 in 2024, the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€30,062 2025 Net result-€30,574 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line202020212022202320242025
Operating result-€36,515--€7,748▲ 78.8%€26,368€50,451▲ 91.3%€9,987▼ 80.2%-€30,062
Net result-€37,946below the sector's middle half--€8,670below the sector's middle half▲ 77.2%€24,804above the sector's middle half€44,521above the sector's middle half▲ 79.5%€7,041within the sector's middle half▼ 84.2%-€30,574below the sector's middle half
Equity-€12,946below the sector's middle half--€21,617below the sector's middle half▼ 67.0%€3,187below the sector's middle half€47,708within the sector's middle half▲ 1,397%€54,749within the sector's middle half▲ 14.8%€24,174within the sector's middle half▼ 55.8%
Total assets€50,189below the sector's middle half-€50,182below the sector's middle half=€51,642below the sector's middle half▲ 2.9%€85,211within the sector's middle half▲ 65.0%€54,789below the sector's middle half▼ 35.7%€44,440below the sector's middle half▼ 18.9%
Debt€63,135-€71,799▲ 13.7%€48,455▼ 32.5%€37,503▼ 22.6%€40▼ 99.9%€20,266▲ 50,819%
Working capital-€39,828below the sector's middle half--€40,158below the sector's middle half▼ 0.8%-€12,854below the sector's middle half▲ 68.0%€34,166within the sector's middle half€43,707within the sector's middle half▲ 27.9%€15,633within the sector's middle half▼ 64.2%
Solvency-25.8%below the sector's middle half--43.1%below the sector's middle half▼ 17.3pp6.2%within the sector's middle half▲ 49.2pp56.0%within the sector's middle half▲ 49.8pp99.9%above the sector's middle half▲ 43.9pp54.4%within the sector's middle half▼ 45.5pp
Current ratio0.37below the sector's middle half-0.44below the sector's middle half▲ 0.070.73below the sector's middle half▲ 0.291.91within the sector's middle half▲ 1.181.77within the sector's middle half
Return on assets (ROA)-75.6%below the sector's middle half--17.3%below the sector's middle half▲ 58.3pp48.0%above the sector's middle half▲ 65.3pp52.2%above the sector's middle half▲ 4.2pp12.9%above the sector's middle half▼ 39.4pp-68.8%below the sector's middle half▼ 81.6pp
above within below the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €44,440
Fixed assets €8,541 ▼ 22.6%
Current assets €35,899 ▼ 17.9%
Equity and liabilities €44,440
Equity €24,174 ▼ 55.8%
Debt €20,266 ▲ 50,819%
Debt's share of the balance-sheet total rises from 0.1% to 45.6%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€27,562▼
2024 · €12,487
Cash flow
-€28,074▼
2024 · €9,541
Quick ratio
1.15
Debt to equity
0.84▲
2024 · 0.00
ROE
-126.5%▼
2024 · 12.9%
Interest coverage
-53.83▼
2024 · 23.83
Debt ≤ 1 year
€20,266▲
2024 · €40
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,592 companies that looked in July 2024 the way this one looks now, 3.0% went bankrupt within 24 months and 87.4% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
3.0% went bankrupt
9.5% stopped otherwise
87.4% 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 0.8% 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 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.8%
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 74.5% 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 3,592 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 · 34 lines
Balance sheet Code20242025
Assets
Total assets20/58€54,789€44,440▼
Fixed assets21/28€11,041€8,541▼
Intangible fixed assets21€2,208€1,708▼
Tangible fixed assets22/27€8,833€6,833▼
Plant, machinery and equipment23€8,833€6,833▼
Current assets29/58€43,747€35,899▼
Stocks and contracts in progress3€14,492€12,581▼
Stocks30/36€14,492€12,581▼
Amounts receivable within one year40/41€9,008€6,853▼
Trade receivables40€3,125-
Other amounts receivable41€5,883€6,853▲
Cash at bank and in hand54/58€20,247€16,465▼
Equity and liabilities
Total equity and liabilities10/49€54,789€44,440▼
Equity10/15€54,749€24,174▼
Contributions10/11€25,000€25,000=
Profit (loss) carried forward14€29,749-€826▼
Amounts payable17/49€40€20,266▲
Amounts payable within one year42/48€40€20,266▲
Trade debts44€40€20,266▲
Suppliers440/4€40€20,266▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,500€2,500=
Other operating charges640/8€3,732€4,517▲
Gross operating margin9900€16,219-€23,045▼
Operating profit (loss)9901€9,987-€30,062▼
Financial income75/76B€1-
Recurring financial income75€1-
Financial charges65/66B€524€512▼
Recurring financial charges65€524€512▼
Profit (loss) for the period before taxes9903€9,464-€30,574▼
Income taxes67/77€2,423-
Profit (loss) for the period9904€7,041-€30,574▼
Profit (loss) for the period to be appropriated9905€7,041-€30,574▼
Appropriation of the result
Profit (loss) to be appropriated9906€29,749-€826▼
Profit (loss) brought forward from the previous period14P€22,708€29,749▲

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,664€2,500€2,500€2,500€2,500€2,500=
Other operating charges640/8-€2,562€2,789€3,737€3,732€4,517▲ 21.0%
Gross operating margin9900-€25,062-€2,686€31,657€56,688€16,219-€23,045-
Operating profit (loss)9901-€36,515-€7,748€26,368€50,451€9,987-€30,062-
Financial income75/76B---€339€1--
Recurring financial income75€96--€339€1--
Financial charges65/66B-€922€1,564€663€524€512▼ 2.3%
Recurring financial charges65€1,527€922€1,564€663€524€512▼ 2.3%
Profit (loss) for the period before taxes9903-€37,946-€8,670€24,804€50,127€9,464-€30,574-
Income taxes67/77---€5,607€2,423--
Profit (loss) for the period9904-€37,946-€8,670€24,804€44,521€7,041-€30,574-
Profit (loss) for the period to be appropriated9905-€37,946-€8,670€24,804€44,521€7,041-€30,574-
Line202020212022202320242025Change
Assets
Total assets20/58€50,189€50,182€51,642€85,211€54,789€44,440▼ 18.9%
Fixed assets21/28€26,882€18,542€16,042€13,541€11,041€8,541▼ 22.6%
Intangible fixed assets21€4,208€3,708€3,208€2,708€2,208€1,708▼ 22.6%
Tangible fixed assets22/27€22,673€14,833€12,833€10,833€8,833€6,833▼ 22.6%
Plant, machinery and equipment23-€14,833€12,833€10,833€8,833€6,833▼ 22.6%
Current assets29/58€23,308€31,641€35,601€71,670€43,747€35,899▼ 17.9%
Stocks and contracts in progress3€11,377€15,433€22,091€15,576€14,492€12,581▼ 13.2%
Stocks30/36-€15,433€22,091€15,576€14,492€12,581▼ 13.2%
Amounts receivable within one year40/41€964€5,976€3,117€23,501€9,008€6,853▼ 23.9%
Trade receivables40-€5,052€1,750€23,501€3,125--
Other amounts receivable41-€924€1,367-€5,883€6,853▲ 16.5%
Cash at bank and in hand54/58€10,967€10,232€10,392€32,593€20,247€16,465▼ 18.7%
Equity and liabilities
Total equity and liabilities10/49€50,189€50,182€51,642€85,211€54,789€44,440▼ 18.9%
Equity10/15-€12,946-€21,617€3,187€47,708€54,749€24,174▼ 55.8%
Contributions10/11€25,000€25,000€25,000€25,000€25,000€25,000=
Capital10-€25,000€25,000----
Issued capital100-€25,000€25,000----
Profit (loss) carried forward14-€37,946-€46,617-€21,813€22,708€29,749-€826-
Amounts payable17/49€63,135€71,799€48,455€37,503€40€20,266▲ 50,819%
Amounts payable within one year42/48€63,135€71,799€48,455€37,503€40€20,266▲ 50,819%
Trade debts44€48,135€56,799€48,455€35,362€40€20,266▲ 50,819%
Suppliers440/4-€56,799€48,455€35,362€40€20,266▲ 50,819%
Taxes, remuneration and social security45---€2,141---
Taxes450/3---€2,141---
Other amounts payable47/48-€15,000-----
Line202020212022202320242025Change
Profit (loss) for the period9904-€37,946-€8,670€24,804€44,521€7,041-€30,574-
+ Depreciation and write-downs630€6,664€2,500€2,500€2,500€2,500€2,500=
Operating cash flow (approximation)-€31,282-€6,170€27,304€47,021€9,541-€28,074-
Investment in fixed assets (approximation)-€5,840€0€0€0€0-
Change in cash--€735€160€22,201-€12,346-€3,782▲ 69.4%

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

Download as CSV

Filings with the National Bank (6)
Financial year Type Filed Reference
31-12-2025 micro format 19-08-2026 2026-00410922
31-12-2024 micro format 19-06-2025 2025-00159605
31-12-2023 micro format 17-06-2024 2024-00138090
31-12-2022 micro format 10-07-2023 2023-00233559
31-12-2021 micro format 12-07-2022 2022-20187429
31-12-2020 micro format 30-08-2021 2021-59400334

Similar companies · same sector, comparable size

Of the 410 active companies whose main activity is retail trade (NACE 47260), figures are known for 258. 193 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 0 of 1 Gazette act processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

On 26 June 2019, PLADIJS POWER was incorporated as a private limited company.1 Total assets went from €50,189 in 2020 to €44,440 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2020 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
19-08
NBB filing Annual accounts filed
financial year 2025 · micro format · 19 days late
2025
19-06
NBB filing Annual accounts filed
financial year 2024 · micro format
2024
31-12
Financial Liquidity more than 575 timescurrent ratio 1099.18
Current ratio from 1.91 to 1099.18; short-term debt falls from €37,503 to €40.
17-06
NBB filing Annual accounts filed
financial year 2023 · micro format
2023
31-12
Financial Highest result from 2020 to 2025net €44,521 ▲79.5%
Operating result €50,451, net result €44,521, both a record.
31-12
Financial Liquidity more than doubledcurrent ratio 1.91
Current ratio from 0.73 to 1.91; short-term debt falls from €48,455 to €37,503.
10-07
NBB filing Annual accounts filed
financial year 2022 · micro format
2022
31-12
Financial Back to profitnet €24,804
Net result €24,804 after 2 loss-making years.
12-07
NBB filing Annual accounts filed
financial year 2021 · micro format
2021
30-08
NBB filing Annual accounts filed
financial year 2020 · micro format · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
0 of 1 deed read
About the unread acts

We know of 1 Belgian Official Gazette act for this company. It has not 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.

Register details

Identification
Legal formPrivate limited company
Founded26-06-2019
Financial year end31-12
Activities, NACEBEL 2025
47260Retail trade
Contact
E-mail aline@tbmail.be
E-invoicing
Reachable via Peppol
Peppol ID 0208:0728920653
Also 9925:BE0728920653
Registered 08-07-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 21 October 2026 · Peppol Directory

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

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Blankenberge · 1 establishment unit since 2019
registered office establishment The establishment unit on the map
Ground area
466 m²
Building footprint
249 m²
Building volume
4,703 m³
Parcel 31004A0558/00V000, Flanders · tallest building 21.7 m. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
PLADIJS POWER
Kerkstraat 131, 8370 BlankenbergeRetail sale of electrical household appliances
since 2019unit no. 2.292.967.657
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
31004A0558/00V000 Flanders 466 m² 1 · 249 m² 21.7 m · 7
How the parcels are linked
Good to know
The parcel matches the address exactly.