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Plan Cite

Active
Private limited companyfounded 20179 yrs activeGulden-Vlieslaan 42, 8000 Brugge, BelgiumKBO/BCE: BE 0672.670.056
Summary

Plan Cite has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €127,029 and a net result of €1,619. Equity remains stable across the filed fiscal years (±1.5% per year). The computed 12-month bankruptcy probability is 1.3% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability68▲+35
Solvency69▲+2
Growth58=
Track record100
Bankruptcy probability, 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days acceptable
Liquidity short (current ratio 0.03 against 0.0 in 2023; short-term debt: 12.4% and cash: 0.4% of total assets), and 56.4% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
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 2024
Solvency, return and age of the figures
Solvency
43.6%
Return on assets
0.6%
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 19-06-2025, 42 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
not confirmed
2024
42 d early
2023
55 d early
2022
46 d early
2021
16 d early
2020
28 d early
2019
23 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 35 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Plan Cite was incorporated on 14 March 2017.1 Total assets fell from EUR 332,047 in 2018 to EUR 291,388 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€127,029▲ 1.3%
2023 · €125,410
Total assets
€291,388▼ 1.8%
2023 · €296,667
Net result
€1,619
2023 · -€3,340
Working capital
-€34,862▼ 4.4%
2023 · -€33,381
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
Line20202021202220232024
Operating result€1,848▲ 20.5%€1,996▲ 8.0%€1,857▼ 6.9%€158▼ 91.5%€3,289▲ 1,984%
Net result-€2,132▲ 18.4%-€1,852▲ 13.2%-€1,774▲ 4.2%-€3,340▼ 88.2%€1,619
Equity€132,376▼ 1.6%€130,525▼ 1.4%€128,750▼ 1.4%€125,410▼ 2.6%€127,029▲ 1.3%
Total assets€315,383▼ 1.8%€311,166▼ 1.3%€304,188▼ 2.2%€296,667▼ 2.5%€291,388▼ 1.8%
Debt€183,007▼ 1.9%€180,642▼ 1.3%€175,438▼ 2.9%€171,257▼ 2.4%€164,359▼ 4.0%
Working capital-€16,385▼ 38.2%-€22,653▼ 38.3%-€27,138▼ 19.8%-€33,381▼ 23.0%-€34,862▼ 4.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€4,000-€2,000€0€2,000€4,000Operating result 2020: €1,848€1,848Net result 2020: -€2,132-€2,132Operating result 2021: €1,996€1,996Net result 2021: -€1,852-€1,852Operating result 2022: €1,857€1,857Net result 2022: -€1,774-€1,774Operating result 2023: €158€158Net result 2023: -€3,340-€3,340Operating result 2024: €3,289€3,289Net result 2024: €1,619€1,61920202021202220232024-€4,000-€2,000€0€2,000€4,000Operating result 2022: €1,857€1,860Net result 2022: -€1,774-€1,770Operating result 2023: €158€158Net result 2023: -€3,340-€3,340Operating result 2024: €3,289€3,290Net result 2024: €1,619€1,620202220232024
The operating result recovers in 2024; 2024 is 1,984% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €291,388
Fixed assets €290,192 ▼ 2.1%
Current assets €1,196 ▲ 882%
Equity and liabilities €291,388
Equity €127,029 ▲ 1.3%
Debt €164,359 ▼ 4.0%
Debt's share of the balance-sheet total falls from 57.7% to 56.4%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€9,643▲
2023 · €6,512
Cash flow
€7,972▲
2023 · €3,014
Current ratio
0.03▲
2023 · 0.00
Debt to equity
1.29▼
2023 · 1.37
ROE
1.3%▲
2023 · -2.7%
ROA
0.6%▲
2023 · -1.1%
Interest coverage
5.77▲
2023 · 1.86
Debt ≤ 1 year
€36,058▲
2023 · €33,503
Debt > 1 year
€128,301▼
2023 · €137,754
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 5,049 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
2.0% went bankrupt
3.7% stopped otherwise
94% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.3% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 5,049 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 · 2024 against 2023 · 29 lines
Balance sheet Code20232024
Assets
Total assets20/58€296,667€291,388▼
Fixed assets21/28€296,546€290,192▼
Tangible fixed assets22/27€296,546€290,192▼
Land and buildings22€296,546€290,192▼
Current assets29/58€122€1,196▲
Cash at bank and in hand54/58€122€1,196▲
Equity and liabilities
Total equity and liabilities10/49€296,667€291,388▼
Equity10/15€125,410€127,029▲
Contributions10/11€145,000€145,000=
Profit (loss) carried forward14-€19,590-€17,971▲
Amounts payable17/49€171,257€164,359▼
Amounts payable after more than one year17€137,754€128,301▼
Financial debts170/4€137,754€128,301▼
Amounts payable within one year42/48€33,503€36,058▲
Current portion of amounts payable after more than one year42€9,257€9,453▲
Trade debts44€384€513▲
Suppliers440/4€384€513▲
Other amounts payable47/48€23,862€26,091▲
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,354€6,354=
Other operating charges640/8€1,684€2,735▲
Gross operating margin9900€8,196€12,378▲
Operating profit (loss)9901€158€3,289▲
Financial charges65/66B€3,498€1,670▼
Recurring financial charges65€3,498€1,670▼
Profit (loss) for the period before taxes9903-€3,340€1,619▲
Profit (loss) for the period9904-€3,340€1,619▲
Profit (loss) for the period to be appropriated9905-€3,340€1,619▲
Appropriation of the result
Profit (loss) to be appropriated9906-€19,590-€17,971▲
Profit (loss) brought forward from the previous period14P-€16,250-€19,590▼

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,298€6,326€6,354€6,354€6,354=
Other operating charges640/8-€2,256€2,313€1,684€2,735▲ 62.4%
Gross operating margin9900€10,386€10,578€10,524€8,196€12,378▲ 51.0%
Operating profit (loss)9901€1,848€1,996€1,857€158€3,289▲ 1,984%
Financial charges65/66B-€3,847€3,632€3,498€1,670▼ 52.2%
Recurring financial charges65€3,980€3,847€3,632€3,498€1,670▼ 52.2%
Profit (loss) for the period before taxes9903-€2,132-€1,852-€1,774-€3,340€1,619▲ 148%
Profit (loss) for the period9904-€2,132-€1,852-€1,774-€3,340€1,619▲ 148%
Profit (loss) for the period to be appropriated9905-€2,132-€1,852-€1,774-€3,340€1,619▲ 148%
Line20202021202220232024Change
Assets
Total assets20/58€315,383€311,166€304,188€296,667€291,388▼ 1.8%
Fixed assets21/28€313,714€309,253€302,899€296,546€290,192▼ 2.1%
Tangible fixed assets22/27€313,714€309,253€302,899€296,546€290,192▼ 2.1%
Land and buildings22-€309,253€302,899€296,546€290,192▼ 2.1%
Current assets29/58€1,669€1,913€1,288€122€1,196▲ 882%
Cash at bank and in hand54/58€1,669€1,913€1,288€122€1,196▲ 882%
Equity and liabilities
Total equity and liabilities10/49€315,383€311,166€304,188€296,667€291,388▼ 1.8%
Equity10/15€132,376€130,525€128,750€125,410€127,029▲ 1.3%
Contributions10/11-€145,000€145,000€145,000€145,000=
Profit (loss) carried forward14-€12,624-€14,475-€16,250-€19,590-€17,971▲ 8.3%
Amounts payable17/49€183,007€180,642€175,438€171,257€164,359▼ 4.0%
Amounts payable after more than one year17€164,953€156,076€147,011€137,754€128,301▼ 6.9%
Financial debts170/4-€156,076€147,011€137,754€128,301▼ 6.9%
Amounts payable within one year42/48€18,054€24,566€28,426€33,503€36,058▲ 7.6%
Current portion of amounts payable after more than one year42-€8,877€9,065€9,257€9,453▲ 2.1%
Trade debts44-€328€0€384€513▲ 33.5%
Suppliers440/4-€328€0€384€513▲ 33.5%
Other amounts payable47/48-€15,362€19,362€23,862€26,091▲ 9.3%
Line20202021202220232024Change
Profit (loss) for the period9904-€2,132-€1,852-€1,774-€3,340€1,619▲ 148%
+ Depreciation and write-downs630€6,298€6,326€6,354€6,354€6,354=
Operating cash flow (approximation)€4,166€4,475€4,579€3,014€7,972▲ 165%
Investment in fixed assets (approximation)--€1,866€0€0€0-
Change in cash-€244-€625-€1,167€1,074▲ 192%

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

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Timeline · acts, filings and financial milestones

2025
19-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Back to profitnet €1,619
Net result €1,619 after 6 loss-making years.
06-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
15-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
15-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
03-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
08-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
29-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 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
2 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, Brugge · 1 establishment unit since 2017
seat establishment The establishment unit on the map
Ground area
714 m²
Building footprint
352 m²
Volume, LiDAR
2,024 m³
2 parcels, Flanders · tallest building 18.1 m, ±5 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
Plan Cite
Kruisstraat 19, 8020 OostkampActivities auxiliary to financial services and insurance activities
since 20172.262.936.952
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31804D0066/00M009
ProtectedMonumentHerenhuis in eclectische stijl: voorgevelSource ↗
Flanders 444 m² 1 · 82 m² 18.1 m · 5 fl.
31009D0968/00S000 Flanders 270 m² 1 · 270 m² 5.4 m · 1 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.

Identification & contact

Identification
Legal formPrivate limited company
Founded14-03-2017
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0672670056
Registered 18-11-2025

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

Register as of 28 September 2026 · Peppol Directory

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