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PLANCKAERT TECHNICS

Active
Private limited companyfounded 2010active for 16 yearsSpoelewielenlaan 20, 8860 Lendelede, BelgiumKBO/BCE: BE 0830.456.392

Financials · financial year 2025, abbreviated format

2025 annual accounts filed 31 days after the deadline Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00461929.

Annual accounts 2025 filed on 31-08-2026 at the NBB all 15 filings

Turnover
≈ €1.7m
Estimated: probably between €1.4m and €2.1m
Total assets
€1.1m▲ 18.1%
2024 · €950,701
Net result
€98,791▼ 51.2%
2024 · €202,558
Working capital
€324,824▼ 19.1%
2024 · €401,514
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result for 2025 is 51% lower than in 2024.

Operating result€0.1m 2025 Net result€0.1m 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

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

The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result-€0.02m-€0.1m-€0.04m€0.2m€0.07m▼ 52.6%€0.2m▲ 109%€0.3m▲ 95.8%€0.1m▼ 51.4%
Net result-€0.02m-€0.08m-€0.05mbelow the sector's middle half€0.1mwithin the sector's middle half€0.05mwithin the sector's middle half▼ 56.2%€0.1mwithin the sector's middle half▲ 112%€0.2mabove the sector's middle half▲ 98.5%€0.1mwithin the sector's middle half▼ 51.2%
Equity€0.2m-€0.2m▼ 9.6%€0.1mwithin the sector's middle half▼ 41.1%€0.2mwithin the sector's middle half▲ 84.4%€0.2mwithin the sector's middle half▲ 26.0%€0.3mwithin the sector's middle half▲ 31.9%€0.5mwithin the sector's middle half▲ 65.7%€0.5mwithin the sector's middle half▲ 3.3%
Total assets€0.6m-€0.6m▼ 2.8%€0.5mwithin the sector's middle half▼ 16.3%€0.6mwithin the sector's middle half▲ 25.5%€0.7mwithin the sector's middle half▲ 9.0%€0.7mwithin the sector's middle half▲ 5.4%€1.0mwithin the sector's middle half▲ 35.2%€1.1mwithin the sector's middle half▲ 18.1%
Debt€0.4m-€0.4m▲ 0.3%€0.4m▼ 6.0%€0.4m▲ 10.2%€0.4m▲ 1.7%€0.4m▼ 8.9%€0.4m▲ 11.4%€0.6m▲ 35.2%
Working capital€0.1m-€0.1m▲ 7.1%€0.04mwithin the sector's middle half▼ 64.7%€0.1mwithin the sector's middle half▲ 160%€0.2mwithin the sector's middle half▲ 43.4%€0.2mwithin the sector's middle half▲ 29.2%€0.4mwithin the sector's middle half▲ 89.2%€0.3mwithin the sector's middle half▼ 19.1%
Solvency31.5%-29.3%▼ 2.2pp20.6%below the sector's middle half▼ 8.7pp30.3%within the sector's middle half▲ 9.7pp35.0%within the sector's middle half▲ 4.7pp43.8%within the sector's middle half▲ 8.8pp53.7%within the sector's middle half▲ 9.9pp47.0%within the sector's middle half▼ 6.7pp
Current ratio1.87-2.08▲ 0.211.35within the sector's middle half▼ 0.741.57within the sector's middle half▲ 0.221.76within the sector's middle half▲ 0.192.01within the sector's middle half▲ 0.252.60within the sector's middle half▲ 0.591.98within the sector's middle half▼ 0.62
Return on assets (ROA)-3.9%-14.1%▲ 18.0pp-9.3%below the sector's middle half▼ 23.3pp18.0%above the sector's middle half▲ 27.2pp7.2%within the sector's middle half▼ 10.7pp14.5%above the sector's middle half▲ 7.3pp21.3%above the sector's middle half▲ 6.8pp8.8%within the sector's middle half▼ 12.5pp
Staff (FTE)2.6-2.2▼ 15.4%3.3within the sector's middle half▲ 50.0%3.3within the sector's middle half=4.6within the sector's middle half▲ 39.4%4.4within the sector's middle half▼ 4.3%5.3within the sector's middle half▲ 20.5%5.7within the sector's middle half▲ 7.5%
above within below The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.1m
Fixed assets €467,642 ▲ 56.6%
Current assets €654,907 ▲ 0.4%
Equity and liabilities €1.1m
Equity €527,625 ▲ 3.3%
Debt €594,924 ▲ 35.2%
Debt's share of the balance-sheet total rises from 46.3% to 53.0%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€232,955▼
2024 · €359,750
Cash flow
€183,302▼
2024 · €256,704
Quick ratio
1.64▼
2024 · 2.15
Debt to equity
1.13▲
2024 · 0.86
ROE
18.7%▼
2024 · 39.7%
Interest coverage
24.68▼
2024 · 77.78
Debt ≤ 1 year
€330,083▲
2024 · €250,648
Debt > 1 year
€264,841▲
2024 · €189,314
Income taxes
€43,000▼
2024 · €99,483
Staff costs
€399,254▲
2024 · €342,440
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Staff

social balance sheet
Item31-12-202131-12-202231-12-202331-12-202431-12-2025
Employees at the balance-sheet date48475
full-time45475
part-time-3---
in full-time equivalents45.8475
Average over the year, in full-time equivalents3.34.64.45.35.7
On a permanent contract45254
Joined46667
Left32938
Training hours-74-8-

Source: social balance sheet in the 2021 to 2025 annual accounts

Securities and guarantees

on own assets and for others
Item20212022202320242025
Debts secured on the company's own assets€208,063€254,980€216,975-€322,361
Debts guaranteed by Belgian public bodies---€214,834-
Mortgages, amount registered€77,000€77,000€77,000€77,000€77,000
Mortgage mandates€211,250€211,250€211,250€211,250€211,250
Carrying value of the mortgaged assets€208,811€190,669€178,988€161,625€142,649

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item20212022202320242025
Tangible fixed assets€42,857€58,137€44,888€71,305€272,872
Financial fixed assets€75---€10,670
Depreciation and write-downs of the year€62,769€66,802€49,784€54,146€84,511

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Subsidies and aid

Flemish government

2022 to 2025 · 4 entries · €2,249 awarded · €2,249 paid
Year Entries AwardedPaid
2025 1 €264€264
2024 1 €1,196€1,196
2023 1 €30€30
2022 1 €759€759
Schemes
4 entries · €2,249 · €2,249 paid · Fonds voor Innoveren en Ondernemen

Comparable companies

These companies have the same main activity as PLANCKAERT TECHNICS: installation of electric heating, air conditioning, cooling and ventilation (NACE 43222). They are comparable in size and age: total assets between €860,000 and €1.5m, founded between 2006 and 2014.

CompanyFoundedTotal assetsEquityGross marginNet resultFTEFinancial year
PLANCKAERT TECHNICS Lendelede2010€1.1m€0.5m€0.6m€0.1m5.72025
MILIS ENERGY Aarschot2010€1.2m€1.1m€0.5m€0.1m5.22025
VUURPUNT Middelkerke2011€1.1m€0.6m€0.7m-€0.06m7.22025
AirCoVen Kortrijk2006€1.3m€0.5m€0.5m€0.03m5.22026
DEMABO Beernem2008€0.9m€0.4m€0.5m€0.01m6.42025
CHAUFFAGE SANITAIR KEVIN SABBE Jabbeke2014€1.3m€0.3m€0.7m€0.1m72025
DE GROOTE PETER Knokke-Heist2008€1.5m€0.5m€0.8m€0.1m6.92025

They were chosen from the 5,585 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 34,693 companies had the same profile as PLANCKAERT TECHNICS has now. Two years later, 0.7% had gone bankrupt and 95.3% were still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
3.9% stopped otherwise
95.3% was still going

That fits the bankruptcy probability of PLANCKAERT TECHNICS itself: 0.2% within 12 months.

Test of the method

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.

The companies in ten equal groups, from the lowest to the 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% 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 34,693 companies, not a prediction for PLANCKAERT TECHNICS. 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 51 lines

Source: Annual accounts 2025 at the NBB, filed on 31-08-2026.

Balance sheet Code20242025
Assets
Total assets20/58€1.0m€1.1m▲
Fixed assets21/28€0.3m€0.5m▲
Tangible fixed assets22/27€0.3m€0.5m▲
Land and buildings22€0.2m€0.1m▼
Plant, machinery and equipment23€0.05m€0.1m▲
Furniture and vehicles24€0.09m€0.2m▲
Financial fixed assets28€75€0.01m▲
Current assets29/58€0.7m€0.7m▲
Stocks and contracts in progress3€0.1m€0.1m▲
Stocks30/36€0.1m€0.1m▲
Amounts receivable within one year40/41€0.4m€0.3m▼
Trade receivables40€0.3m€0.3m▼
Other amounts receivable41€0.01m€0.005m▼
Cash at bank and in hand54/58€0.2m€0.2m▲
Deferred charges and accrued income490/1€0.002m€0.003m▲
Equity and liabilities
Total equity and liabilities10/49€1.0m€1.1m▲
Equity10/15€0.5m€0.5m▲
Contributions10/11€0.006m€0.006m=
Reserves13€0.5m€0.5m▲
Distributable reserves133€0.5m€0.5m▲
Amounts payable17/49€0.4m€0.6m▲
Amounts payable after more than one year17€0.2m€0.3m▲
Financial debts170/4€0.2m€0.3m▲
Amounts payable within one year42/48€0.3m€0.3m▲
Current portion of amounts payable after more than one year42€0.03m€0.06m▲
Trade debts44€0.2m€0.2m▲
Suppliers440/4€0.2m€0.2m▲
Taxes, remuneration and social security45€0.07m€0.04m▼
Taxes450/3€0.07m€0.02m▼
Remuneration and social security454/9€0.003m€0.01m▲
Other amounts payable47/48-€0.04m
Income statement Code20242025
Remuneration, social security and pensions62€0.3m€0.4m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.05m€0.08m▲
Other operating charges640/8€0.005m€0.01m▲
Gross operating margin9900€0.7m€0.6m▼
Operating profit (loss)9901€0.3m€0.1m▼
Financial income75/76B€0.001m€0.003m▲
Recurring financial income75€0.001m€0.003m▲
Financial charges65/66B€0.005m€0.009m▲
Recurring financial charges65€0.005m€0.009m▲
Profit (loss) for the period before taxes9903€0.3m€0.1m▼
Income taxes67/77€0.1m€0.04m▼
Profit (loss) for the period9904€0.2m€0.1m▼
Profit (loss) for the period to be appropriated9905€0.2m€0.1m▼
Appropriation of the result
Profit (loss) to be appropriated9906€0.2m€0.1m▼
Transfer from equity791/2-€0.08m
Transfer to equity691/2€0.2m€0.1m▼
To other reserves6921€0.2m€0.1m▼
Profit to be distributed694/7-€0.08m
Return on contributions (dividend)694-€0.08m
Social balance sheet
Average headcount (FTE)90875.35.7▲

The notes to these accounts have 20 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.

Line20182019202020212022202320242025Change
Remuneration, social security and pensions62---€193,890€248,444€266,624€342,440€399,254▲ 16.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€47,662€72,527€61,357€62,769€66,802€49,784€54,146€84,511▲ 56.1%
Other operating charges640/8---€4,559€4,165€7,138€4,600€9,549▲ 108%
Gross operating margin9900€184,346€312,591€205,327€418,798€394,119€479,610€706,790€641,758▼ 9.2%
Operating profit (loss)9901-€20,124€110,454-€37,056€157,580€74,708€156,064€305,604€148,444▼ 51.4%
Financial income75/76B---€189€152€998€1,063€2,786▲ 162%
Recurring financial income75€2,680€3,842€161€189€152€998€1,063€2,786▲ 162%
Financial charges65/66B---€10,338€4,620€4,876€4,625€9,438▲ 104%
Recurring financial charges65€5,558€6,976€6,509€10,338€4,620€4,876€4,625€9,438▲ 104%
Profit (loss) for the period before taxes9903-€23,002€107,320-€43,404€147,431€70,240€152,186€302,042€141,791▼ 53.1%
Income taxes67/77€468€25,415€1,833€37,553€22,087€50,124€99,483€43,000▼ 56.8%
Profit (loss) for the period9904-€23,470€81,905-€45,237€109,878€48,153€102,063€202,558€98,791▼ 51.2%
Profit (loss) for the period to be appropriated9905-€23,470€81,905-€31,937€109,878€48,153€102,063€202,558€98,791▼ 51.2%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€0.6m€0.6m€0.5m€0.6m€0.7m€0.7m€1.0m€1.1m▲ 18.1%
Fixed assets21/28€0.3m€0.3m€0.3m€0.3m€0.3m€0.3m€0.3m€0.5m▲ 56.6%
Intangible fixed assets21€0.001m€0.001m€393------
Tangible fixed assets22/27€0.3m€0.3m€0.3m€0.3m€0.3m€0.3m€0.3m€0.5m▲ 53.1%
Land and buildings22---€0.2m€0.2m€0.2m€0.2m€0.1m▼ 11.7%
Plant, machinery and equipment23---€0.02m€0.03m€0.03m€0.05m€0.1m▲ 159%
Furniture and vehicles24---€0.07m€0.07m€0.08m€0.09m€0.2m▲ 115%
Financial fixed assets28€0.001m€0.001m-€75€75€75€75€0.01m▲ 143×
Current assets29/58€0.3m€0.2m€0.2m€0.3m€0.4m€0.4m€0.7m€0.7m▲ 0.4%
Stocks and contracts in progress3€0.02m€0.04m€0.05m€0.09m€0.1m€0.1m€0.1m€0.1m▲ 1.5%
Stocks30/36---€0.09m€0.1m€0.1m€0.1m€0.1m▲ 1.5%
Amounts receivable within one year40/41€0.2m€0.1m€0.09m€0.1m€0.1m€0.1m€0.4m€0.3m▼ 11.6%
Trade receivables40---€0.1m€0.1m€0.1m€0.3m€0.3m▼ 10.0%
Other amounts receivable41---€0.02m€0.04m€0.01m€0.01m€0.005m▼ 56.7%
Cash at bank and in hand54/58€0.08m€0.05m€0.03m€0.08m€0.1m€0.2m€0.2m€0.2m▲ 24.0%
Deferred charges and accrued income490/1----€0.005m-€0.002m€0.003m▲ 73.4%
Equity and liabilities
Total equity and liabilities10/49€0.6m€0.6m€0.5m€0.6m€0.7m€0.7m€1.0m€1.1m▲ 18.1%
Equity10/15€0.2m€0.2m€0.1m€0.2m€0.2m€0.3m€0.5m€0.5m▲ 3.3%
Contributions10/11€0.006m€0.006m-€0.006m€0.006m€0.006m€0.006m€0.006m=
Reserves13€0.2m€0.2m€0.1m€0.2m€0.2m€0.3m€0.5m€0.5m▲ 3.3%
Non-distributable reserves130/1---€0.002m€0.002m----
Reserves not available under the articles1311---€0.002m€0.002m----
Distributable reserves133---€0.2m€0.2m€0.3m€0.5m€0.5m▲ 3.3%
Profit (loss) carried forward14---€0.02m------
Amounts payable17/49€0.4m€0.4m€0.4m€0.4m€0.4m€0.4m€0.4m€0.6m▲ 35.2%
Amounts payable after more than one year17€0.3m€0.3m€0.3m€0.2m€0.2m€0.2m€0.2m€0.3m▲ 39.9%
Financial debts170/4---€0.2m€0.2m€0.2m€0.2m€0.3m▲ 39.9%
Amounts payable within one year42/48€0.1m€0.1m€0.1m€0.2m€0.2m€0.2m€0.3m€0.3m▲ 31.7%
Current portion of amounts payable after more than one year42---€0.04m€0.04m€0.03m€0.03m€0.06m▲ 125%
Trade debts44€0.09m€0.07m€0.07m€0.1m€0.1m€0.1m€0.2m€0.2m▲ 27.4%
Suppliers440/4---€0.1m€0.1m€0.1m€0.2m€0.2m▲ 27.4%
Taxes, remuneration and social security45---€0.04m€0.04m€0.03m€0.07m€0.04m▼ 47.8%
Taxes450/3---€0.03m€0.03m€0.03m€0.07m€0.02m▼ 66.7%
Remuneration and social security454/9---€0.009m€0.01m-€0.003m€0.01m▲ 408%
Other amounts payable47/48---€0.03m€0.001m€0.02m-€0.04m-
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€23,470€81,905-€45,237€109,878€48,153€102,063€202,558€98,791▼ 51.2%
+ Depreciation and write-downs630€47,662€72,527€61,357€62,769€66,802€49,784€54,146€84,511▲ 56.1%
Operating cash flow (approximation)€24,192€154,432€16,119€172,647€114,955€151,846€256,704€183,302▼ 28.6%
Investment in fixed assets (approximation)--€65,906-€35,463-€41,152-€58,137-€44,888-€71,305-€253,615▼ 256%
Change in cash--€30,056-€17,922€47,836€26,409€51,449€18,573€41,991▲ 126%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Latest 10 of 15 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 31-08-2026 2026-00461929 NBB
31-12-2024 abbreviated format 29-08-2025 2025-00437115 PDF
31-12-2023 abbreviated format 27-08-2024 2024-00376288 PDF
31-12-2022 abbreviated format 27-07-2023 2023-00278044 PDF
31-12-2021 abbreviated format 27-07-2022 2022-20243544 PDF
31-12-2020 abbreviated format 31-08-2021 2021-61000335 PDF
31-12-2019 abbreviated format 30-08-2020 2020-51000499 PDF
31-12-2018 abbreviated format 30-08-2019 2019-58200248 PDF
31-12-2017 abbreviated format 30-08-2018 2018-56600334 PDF
31-12-2016 abbreviated format 30-08-2017 2017-56200278 PDF

Show all 15 filings

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