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PLAGILUX

Active
Private limited companyfounded 198937 years activeBoekenberglei 78, 2100 Antwerpen, BelgiumKBO/BCE: BE 0437.797.028
Summary

PLAGILUX has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €654,589 and a net result of €53,834. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 86% of 33,994 sector peers (NACE 43, fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Overview

Activity
Insulation installation
NACE 43230Plastering work NACE 43310
1 site
Size
€807,824total assets 2025
Staff
2 FTE
Equity
€654,589
Profit
€53,834
Turnover not published (abridged schema)
Financial health
97 Excellent Checked score 2025
Bankruptcy probability, 12 months
< 0.1%
Structure
Accounts 23 days early0 of 2 deeds read
Why 97- Sector Specialised construction activities (NACE 43)+ Liquidity: current ratio 5.11, cash €688,771+ Equity €654,589 (81.0% of total assets)+ Size: total assets €807,824Show the evidence

Checked score

Score 2025
97 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 72% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Strong
Solvency 100=
equity 81.0% of total assets
Liquidity 94+2
short-term debt 19.0% · cash 85.3%
Profitability 77-11
return on assets 6.7%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.7% (47,513 companies)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025highest value 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026lowest value 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026
Credit up to €60,000 at 30 days acceptable
Liquidity ample (current ratio 5.11 against 4.1 in 2024; short-term debt: 19% and cash: 85.3% of total assets), and 19% of the assets are financed with debt.
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 43, micro): better than 90% on solvency, 91% on liquidity, 53% on profitability and 53% on growth.

The bankruptcy probability was computed on 06-10-2026 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).

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Signals

Six signals.
−lowers risk+raises risk○neutral
lowers risk · Liquidity: current ratio 5.11, cash €688,771
NBB · annual accounts
lowers risk · Equity €654,589 (81.0% of total assets)
NBB · annual accounts
raises risk · Sector Specialised construction activities (NACE 43)
KBO
lowers risk · Size: total assets €807,824
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €654,589
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 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
23 days early
2024
23 days early
2023
26 days early
2022
27 days early
2021
51 days early
2020
32 days early
2019
29 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 30 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.

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. Usually files around 6 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Highest result since 2018net €122,148 ▲180%

Key points

  • Positive: Among the best 5% on equitysector median €57,612 · 34,006 companies €654,589 View
  • Caution: Result fell in 2025from €122,148 to €53,834 ▼ 55.9% View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €53,834 8 years View

By topic

Financials

Fiscal year
2025
Total assets
€807,824
Profit
€53,834
Solvency
81.0%
Total assets▲ 3.4%
Net result
20182025
Go to Financials

Timeline

Events
12
Since
2017
Next accounts
by 31-07-2027
  1. 05-07-2024Annual accounts filed
  2. 04-07-2023Annual accounts filed
  3. 10-06-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Insulation installationNACE 43230
Founded
24-06-1989
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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