PLAN A2O
ActiveSummary
PLAN A2O has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €500k and a net result of €-117k. Equity is shrinking by ~22.7% per year across the filed fiscal years. Its solvency ranks better than 44% of 11615 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability5▲+5
Solvency74▲+2
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 3.08 against 1.88 in 2023; short-term debt: 12.2% and cash: 4.7% of total assets), but 51.3% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
48.7%
Return on assets
-11.4%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-07-2025, 14 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
14 d early
2023
30 d early
2022
59 d early
2021
30 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€264k
EBIT margin
-56.4%
Net result
€-117k▲ 30.4%
2023 · €-167k
Working capital
€261k▲ 112%
2023 · €123k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2021202220232024
Turnover€264k-
Operating result€-149k-€-267k▼ 79.3%€-155k▲ 42.0%€-96k▲ 38.0%
Net result€-148k-€-267k▼ 80.3%€-167k▲ 37.4%€-117k▲ 30.4%
EBIT margin-56.4%-
Equity€852k-€584k▼ 31.4%€417k▼ 28.7%€500k▲ 20.0%
Total assets€874k-€839k▼ 4.0%€893k▲ 6.5%€1.03M▲ 14.9%
Debt€23k-€255k▲ 1,028%€476k▲ 87.1%€526k▲ 10.4%
Working capital€278k-€7k▼ 97.3%€123k▲ 1,545%€261k▲ 112%
Staff (FTE)2.6-3.7▲ 42.3%3.8▲ 2.7%4▲ 5.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €96k in 2024 against €155k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.03M
Fixed assets
€640k ▲ 1.4%
Current assets
€386k ▲ 47.4%
Equity and liabilities €1.03M
Equity
€500k ▲ 20.0%
Debt
€526k ▲ 10.4%
Debt's share of the balance-sheet total falls from 53.3% to 51.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€-19k▲
2023 · €-105k
Cash flow
€-40k▲
2023 · €-117k
Current ratio
3.08▲
2023 · 1.88
Quick ratio
2.45▲
2023 · 1.43
Debt to equity
1.05▼
2023 · 1.14
ROE
-23.3%▲
2023 · -40.2%
ROA
-11.4%▲
2023 · -18.7%
Interest coverage
-0.96▲
2023 · -7.02
Debt ≤ 1 year
€125k▼
2023 · €139k
Debt > 1 year
€348k▲
2023 · €325k
Income taxes
€3k
Staff costs
€250k▲
2023 · €215k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Turnover70 | €264k | - | - | - | - |
| Non-recurring operating income76A | - | - | - | €7k | - |
| Goods, raw materials, services and sundry goods60/61 | €297k | - | - | - | - |
| Remuneration, social security and pensions62 | €108k | €195k | €215k | €250k | ▲ 15.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7k | €38k | €50k | €77k | ▲ 52.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €5k | - |
| Other operating charges640/8 | €1k | €656 | €1k | €1k | ▲ 0.1% |
| Non-recurring operating charges66A | - | - | €2k | €6k | ▲ 176% |
| Gross operating margin9900 | €-32k | €-33k | €114k | €243k | ▲ 113% |
| Operating profit (loss)9901 | €-149k | €-267k | €-155k | €-96k | ▲ 38.0% |
| Financial income75/76B | €755 | €2k | €2k | €2k | ▼ 0.2% |
| Recurring financial income75 | €755 | €2k | €2k | €2k | ▼ 0.2% |
| Financial charges65/66B | €331 | €2k | €15k | €20k | ▲ 34.3% |
| Recurring financial charges65 | €331 | €2k | €15k | €20k | ▲ 34.3% |
| Profit (loss) for the period before taxes9903 | €-148k | €-267k | €-167k | €-114k | ▲ 32.1% |
| Income taxes67/77 | - | - | - | €3k | - |
| Profit (loss) for the period9904 | €-148k | €-267k | €-167k | €-117k | ▲ 30.4% |
| Profit (loss) for the period to be appropriated9905 | €-148k | €-267k | €-167k | €-117k | ▲ 30.4% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €874k | €839k | €893k | €1.03M | ▲ 14.9% |
| Formation expenses20 | €40k | - | - | - | - |
| Fixed assets21/28 | €534k | €668k | €631k | €640k | ▲ 1.4% |
| Intangible fixed assets21 | €493k | €543k | €494k | €484k | ▼ 1.9% |
| Tangible fixed assets22/27 | €41k | €111k | €117k | €135k | ▲ 15.8% |
| Plant, machinery and equipment23 | €26k | €24k | €51k | €47k | ▼ 7.4% |
| Furniture and vehicles24 | €16k | €49k | €38k | €51k | ▲ 36.5% |
| Leasing and similar rights25 | - | €38k | €29k | €37k | ▲ 29.7% |
| Financial fixed assets28 | - | €15k | €21k | €21k | = |
| Current assets29/58 | €300k | €171k | €262k | €386k | ▲ 47.4% |
| Stocks and contracts in progress3 | €29k | €52k | €62k | €79k | ▲ 27.4% |
| Stocks30/36 | €29k | €52k | €62k | €79k | ▲ 27.4% |
| Amounts receivable within one year40/41 | €162k | €52k | €133k | €240k | ▲ 80.3% |
| Trade receivables40 | €91k | €42k | €133k | €226k | ▲ 69.4% |
| Other amounts receivable41 | €71k | €11k | - | €14k | - |
| Cash at bank and in hand54/58 | €106k | €2k | €21k | €48k | ▲ 133% |
| Deferred charges and accrued income490/1 | €4k | €64k | €46k | €18k | ▼ 60.0% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €874k | €839k | €893k | €1.03M | ▲ 14.9% |
| Equity10/15 | €852k | €584k | €417k | €500k | ▲ 20.0% |
| Contributions10/11 | €1.00M | €1.00M | €1.00M | €1.20M | ▲ 20.0% |
| Profit (loss) carried forward14 | €-148k | €-416k | €-583k | €-700k | ▼ 20.0% |
| Amounts payable17/49 | €23k | €255k | €476k | €526k | ▲ 10.4% |
| Amounts payable after more than one year17 | - | €82k | €325k | €348k | ▲ 7.1% |
| Financial debts170/4 | - | €82k | €325k | €348k | ▲ 7.1% |
| Amounts payable within one year42/48 | €23k | €163k | €139k | €125k | ▼ 9.9% |
| Current portion of amounts payable after more than one year42 | - | €7k | €32k | €46k | ▲ 42.9% |
| Trade debts44 | €21k | €118k | €62k | €59k | ▼ 5.2% |
| Suppliers440/4 | - | €118k | €62k | €59k | ▼ 5.2% |
| Bills of exchange payable441 | €21k | - | - | - | - |
| Taxes, remuneration and social security45 | - | €34k | €45k | €16k | ▼ 65.2% |
| Taxes450/3 | - | - | €1k | - | - |
| Remuneration and social security454/9 | - | €34k | €43k | €16k | ▼ 64.2% |
| Other amounts payable47/48 | €1k | €4k | - | €5k | - |
| Accrued charges and deferred income492/3 | - | €9k | €12k | €53k | ▲ 323% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-148k | €-267k | €-167k | €-117k | ▲ 30.4% |
| + Depreciation and write-downs630 | €7k | €38k | €50k | €77k | ▲ 52.9% |
| Operating cash flow (approximation) | €-141k | €-230k | €-117k | €-40k | ▲ 66.0% |
| Investment in fixed assets (approximation) | - | €-172k | €-13k | €-86k | ▼ 536% |
| Change in cash | - | €-103k | €19k | €28k | ▲ 48.6% |
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
2025
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €500kEq €500k ▲20%
Equity rises from €417k to €500k.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
02-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-267k
Net result drops to €-267k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 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.
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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, Zwevegem · 1 establishment unit since 2020
Ground area
6,682 m²
Building footprint
149 m²
Volume, LiDAR
819 m³
Parcel 34042C0349/00M000, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PLAN A2O
since 20202.304.868.468
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34042C0349/00M000 | Flanders | 6,682 m² | 1 · 149 m² | 7.7 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 8 entries · 368,897 EUR awarded · 316,776 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 256,199 EUR | 204,078 EUR |
| 2024 | 2 | -4,722 EUR | 20,204 EUR |
| 2023 | 2 | 389 EUR | 46,389 EUR |
| 2022 | 2 | 117,031 EUR | 46,105 EUR |
Schemes
Innovatieprojecten in de context van een speerpuntcluster
Ontwikkelingsproject
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
1 categoryPLAN A2O BV43327
Similar companies · same sector, comparable size
DD INTERIOR
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COMFORTING HOMES
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Maré
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DESTROYERS BUILDERS
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SheCi.be
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Of 3,923 companies in sector 71112 we hold annual accounts for 1,294. 697 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
Founded13-07-2020
Fiscal year end31-12
Activities, NACEBEL 2025
71112Activities of interior architects
81300Landscape service activities
42211Civil engineering
42219Civil engineering
42919Civil engineering
Scores and ratios are computed by Checked and are not a credit decision.