Equity
Equity fell by 69% in 1 year.
Equity fell by 69% in 1 year.
From profit to loss in 2025, after a profit of €227 in 2024.
Lower net result than 95% of companies in head offices and management consultancy. Sector median €27,169 · 39,328 companies.
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.
The dashed line is the sector median: 0.1% across 48,551 companies (NACE 70, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 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 70, micro). It does better than 41% of them on solvency, 67% on liquidity, 4% on profitability and 9% on growth.
The bankruptcy probability was computed on 05-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 3,591 companies had the same profile as Plan BE has now. Each dot stands for 9 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Plan BE itself is lower: 0.2% within 12 months. It rests on far more data about Plan BE than the profile alone.
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,591 companies, not a prediction for Plan BE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is tight, with a current ratio of 1.38 (3.08 in 2024), below the usual 1.5. Short-term debt is 49.6% and cash 55.8% of total assets. 56.2% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 4 accounts on average 28 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| Plan BE Heusden-Zolder | €61,974 | -€53,505 | 43.8% | - |
| OXYLIUM CONSULTING Alken | €58,729 | -€8,349 | 75.8% | - |
| SMAD Sint-Truiden | €60,516 | -€2,633 | 79.1% | - |
| Nejo Bouw Beringen | €59,995 | -€753 | 62.9% | - |
| LFJ Concepts Hasselt | €66,943 | -€1,696 | 9.0% | - |
| Horeca Crowdfunding België Zonhoven | €52,557 | -€18,188 | 0.9% | 0 |
| M. Lamers Hamont-Achel | €77,259 | -€5,903 | 85.4% | - |
These companies have the same main activity as Plan BE: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €52,600 and €77,300, founded between 2021 and 2022.
Plan BE files the micro format. That format states no turnover. The gross margin fell from €106,017 in 2022 to -€53,505 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them.
Higher than 40% of 39,312 companies in 2025.
Higher than 36% of 37,997 companies in 2025.
Lower than 95% of 38,469 companies in 2025.
Net result: bottom quarter · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
Total assets20/58 |
61,974 | 119,935 | 113,903 | 143,228 | |
Fixed assets21/28 |
19,616 | 25,786 | 15,211 | 8,891 | |
Tangible fixed assets22/27 |
19,616 | 25,786 | 15,211 | 8,891 | |
Land and buildings22 |
14,572 | 17,167 | - | - | |
Furniture and vehicles24 |
5,044 | 8,619 | 9,390 | 8,891 | |
Other tangible fixed assets26 |
- | - | 5,822 | - | |
Current assets29/58 |
42,358 | 94,149 | 98,692 | 134,337 | |
Amounts receivable within one year40/41 |
7,289 | 7,239 | 18,645 | 50,019 | |
Trade receivables40 |
- | - | 17,613 | 42,108 | |
Other amounts receivable41 |
7,289 | 7,239 | 1,032 | 7,911 | |
Cash at bank and in hand54/58 |
34,565 | 85,990 | 79,236 | 83,541 | |
Deferred charges and accrued income490/1 |
504 | 920 | 811 | 776 | |
| Balance sheet: equity and liabilities | |||||
Total equity and liabilities10/49 |
61,974 | 119,935 | 113,903 | 143,228 | |
Equity10/15 |
27,163 | 89,004 | 88,777 | 79,839 | |
Contributions10/11 |
1,000 | 1,000 | 1,000 | 1,000 | |
Reserves13 |
26,163 | 88,004 | 87,777 | 78,839 | |
Distributable reserves133 |
26,163 | 88,004 | 87,777 | 78,839 | |
Amounts payable17/49 |
34,811 | 30,930 | 25,126 | 63,389 | |
Amounts payable after more than one year17 |
4,008 | - | - | - | |
Financial debts170/4 |
4,008 | - | - | - | |
Amounts payable within one year42/48 |
30,743 | 30,526 | 24,082 | 61,814 | |
Current portion of amounts payable after more than one year42 |
7,808 | - | - | - | |
Trade debts44 |
694 | 1,435 | 2,612 | 3,254 | |
Suppliers440/4 |
694 | 1,435 | 2,612 | 3,254 | |
Taxes, remuneration and social security45 |
1,276 | 8,691 | 8,781 | 44,990 | |
Taxes450/3 |
1,276 | 8,691 | 8,781 | 44,990 | |
Other amounts payable47/48 |
20,966 | 20,399 | 12,690 | 13,570 | |
Accrued charges and deferred income492/3 |
60 | 405 | 1,044 | 1,575 | |
| Income statement | |||||
Gross operating margin9900 |
-53,505 | 9,021 | 17,989 | 106,017 | |
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 |
6,171 | 6,175 | 3,624 | 4,414 | |
Provisions for liabilities and charges: additions (uses and reversals)635/8 |
- | - | - | 2,501 | |
Other operating charges640/8 |
840 | 820 | 920 | - | |
Operating profit (loss)9901 |
-60,516 | 2,026 | 13,445 | 99,102 | |
Financial charges65/66B |
1,123 | 726 | 726 | - | |
Recurring financial charges65 |
1,123 | 726 | 726 | - | |
Profit (loss) for the period before taxes9903 |
-61,639 | 1,300 | 12,719 | 99,102 | |
Income taxes67/77 |
203 | 1,073 | 3,781 | 20,262 | |
Profit (loss) for the period9904 |
-61,842 | 227 | 8,938 | 78,839 | |
Profit (loss) for the period to be appropriated9905 |
-61,842 | 227 | 8,938 | 78,839 | |
| Appropriation of the result | |||||
Profit (loss) to be appropriated9906 |
-61,842 | 227 | 8,938 | 78,839 | |
Transfer from equity791/2 |
61,842 | - | - | - | |
Transfer to equity691/2 |
0 | 227 | 8,938 | 78,839 | |
To other reserves6921 |
0 | 227 | 8,938 | 78,839 | |
| Document | |||||
The notes to these accounts have 5 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 21-09-2026.
2025 annual accounts filed 52 days after the deadline. Filed on 21 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00520080.
| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| EBITDA | -54,345 | 8,202 | 17,069 | 103,516 | |
| Cash flow | -55,671 | 6,402 | 12,562 | 83,253 | |
| Investment in fixed assets (approximation) | 0 | 16,750 | 9,944 | 12,037 | |
| Change in cash | -51,425 | 6,754 | -4,305 | - | |
| Working capital | 11,615 | 63,623 | 74,610 | 72,522 | |
| Solvency | 43.8% | 74.2% | 77.9% | 55.7% | |
| Current ratio | 1.38 | 3.08 | 4.10 | 2.17 | |
| Debt to equity | 1.28 | 0.35 | 0.28 | 0.79 | |
| ROE | -227.7% | 0.3% | 10.1% | 98.7% | |
| ROA | -99.8% | 0.2% | 7.8% | 55.0% | |
| Interest coverage | -48.39 | 11.30 | 23.51 | - |
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.
| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Tangible fixed assets | - | €16,750 | €9,944 | €12,037 |
| Depreciation and write-downs of the year | €6,171 | €6,175 | €3,624 | €4,414 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €60,516, after a profit of €2,026 in 2024. It is the lowest result since 2022.
Debt's share of the balance-sheet total rises from 25.8% to 56.2%. Equity is lower and debt is higher.
Plan BE has no parent and no holdings in its annual accounts. MOONS Filip is the only director. Plan BE shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Verlorenkost 11 registered office 3550 Heusden-Zolder 4321102 General electrical installation work | 02-08-2021 | 2.320.098.161 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 71065A1227/00T000 | 845 m² | 1 · 164 m² | 8.2 m · 2 |
If something looks wrong or is missing, please tell us.