PLANOFURN
ActivePLANOFURN has been active since 1977 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.90M and a net result of €399k. Equity is shrinking by ~2.6% per year across the filed fiscal years. Its solvency ranks better than 61% of 237 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
94
/ 100
Excellent▲ +5 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency86▲+8
Growth64=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €180k at 30 days acceptable
Liquidity ample (current ratio 1.62 against 1.48 in 2024), but 50.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 31
Relative position
BE, all sectors
reference
Sector 31
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
49.6%
Return on assets
10.4%
Age of the figures
8 mo
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €1.9M
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 12-06-2026, 49 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
49 d early
2024
50 d early
2023
55 d early
2022
33 d early
2021
19 d early
2020
36 d early
2019
17 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€8.04M▲ 12.7%
2018 · €7.13M
2018: €7.13M
2018 → 2019
EBIT margin
1.6%▲ 0.9pp
2018 · 0.7%
2018: 0.7%
2018 → 2019
Net result
€399k▲ 15.4%
2024 · €346k
2018: €42k
2019: €118k
2020: €17k
2021: €1k
2022: €32k
2023: €131k
2024: €346k
2018 → 2025
Working capital
€1.03M▲ 15.1%
2024 · €893k
2018: €1.03M
2019: €1.60M
2020: €1.58M
2021: €1.61M
2022: €804k
2023: €978k
2024: €893k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.19M-€1.42M▼ 35.0%€1.56M▲ 9.2%€1.70M▲ 9.4%€1.90M▲ 11.7%
Operating result€13k-€25k▲ 90.1%€253k▲ 926%€490k▲ 93.4%€580k▲ 18.5%
Net result€1k-€32k▲ 2,646%€131k▲ 311%€346k▲ 164%€399k▲ 15.4%
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 18% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.84M
Fixed assets
€1.14M▲ 5.4%
Current assets
€2.69M▼ 1.5%
Equity and liabilities €3.84M
Equity
€1.90M▲ 11.7%
Debt
€1.94M▼ 8.6%
The debt ratio falls from 55.4% to 50.4%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€773k▲
2024 · €660k
Cash flow
€592k▲
2024 · €517k
Solvency
49.6%▲
2024 · 44.6%
Current ratio
1.62▲
2024 · 1.48
Quick ratio
1.40▲
2024 · 1.21
Debt / equity
1.02▼
2024 · 1.24
ROE
21.0%▲
2024 · 20.3%
ROA
10.4%▲
2024 · 9.1%
Interest coverage
21.43▲
2024 · 21.13
Debt
€1.94M▼
2024 · €2.12M
Debt ≤ 1 year
€1.67M▼
2024 · €1.84M
Debt > 1 year
€267k▼
2024 · €273k
Income taxes
€145k▲
2024 · €119k
Staff costs
€2.32M▼
2024 · €2.37M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€3.82M€3.84M▲
Fixed assets21/28€1.09M€1.14M▲
Tangible fixed assets22/27€961k€1.03M▲
Plant, machinery and equipment23€176k€286k▲
Furniture and vehicles24€85k€50k▼
Leasing and similar rights25€147k€194k▲
Other tangible fixed assets26€553k€501k▼
Financial fixed assets28€124k€111k▼
Current assets29/58€2.73M€2.69M▼
Stocks and contracts in progress3€507k€362k▼
Stocks30/36€237k€239k▲
Contracts in progress37€270k€123k▼
Amounts receivable within one year40/41€959k€1.34M▲
Trade receivables40€863k€1.28M▲
Other amounts receivable41€97k€52k▼
Cash at bank and in hand54/58€1.22M€964k▼
Deferred charges and accrued income490/1€44k€30k▼
Equity and liabilities
Total equity and liabilities10/49€3.82M€3.84M▲
Equity10/15€1.70M€1.90M▲
Contributions10/11€456k€456k=
Capital10€456k€456k=
Issued capital100€456k€456k=
Reserves13€315k€315k=
Non-distributable reserves130/1€46k€46k=
Legal reserve130€46k€46k=
Tax-exempt reserves132€18k€18k=
Distributable reserves133€252k€252k=
Profit (loss) carried forward14€931k€1.13M▲
Amounts payable17/49€2.12M€1.94M▼
Amounts payable after more than one year17€273k€267k▼
Financial debts170/4€273k€267k▼
Amounts payable within one year42/48€1.84M€1.67M▼
Current portion of amounts payable after more than one year42€67k€90k▲
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€950k€947k▼
Suppliers440/4€950k€947k▼
Advances received on contracts in progress46€330k€157k▼
Taxes, remuneration and social security45€294k€271k▼
Taxes450/3€60k€34k▼
Remuneration and social security454/9€234k€237k▲
Other amounts payable47/48€200k€200k=
Accrued charges and deferred income492/3€3k€3k▼
Income statement
Code20242025
Non-recurring operating income76A€12k€9k▼
Remuneration, social security and pensions62€2.37M€2.32M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€171k€193k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0€-192k▼
Other operating charges640/8€12k€18k▲
Non-recurring operating charges66A€3k€0▼
Gross operating margin9900€3.04M€2.92M▼
Operating profit (loss)9901€490k€580k▲
Financial income75/76B€7k€0▼
Recurring financial income75€7k€0▼
Financial charges65/66B€31k€36k▲
Recurring financial charges65€31k€36k▲
Profit (loss) for the period before taxes9903€465k€544k▲
Income taxes67/77€119k€145k▲
Profit (loss) for the period9904€346k€399k▲
Profit (loss) for the period to be appropriated9905€346k€399k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.13M€1.33M▲
Profit (loss) brought forward from the previous period14P€785k€931k▲
Profit to be distributed694/7€200k€200k=
Return on contributions (dividend)694€200k€200k=
Social balance
Average headcount (FTE)908735.533.8▼
The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
12-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €399k ▲15.4%
Operating result €580k, net result €399k, both a record.
11-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
06-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
12-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €1k ▼93.1%
Net result drops to €1k, the lowest in the series; recovery starts the following year.
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
14-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
11-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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, Waregem · 1 establishment unit since 1977
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Industrielaan 608790 WaregemGround area
1.0 ha
Building footprint
4,552 m²
Volume, LiDAR
22,572 m³
Parcel 34452B0893/00G004, Flanders · tallest building 6.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PLANOFURN NV
since 19772.013.997.241
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34452B0893/00G004 | Flanders | 1.0 ha | 1 · 4,552 m² | 6.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 2024 · 4 entries · 1,996 EUR awarded · 1,996 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 2 | 1,430 EUR | 1,430 EUR |
| 2022 | 2 | 566 EUR | 566 EUR |
Schemes
Premie kwalificerend werkplekleren
Stagebonus (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
1 categoryPLANOFURN NV14761
Dual-learning approval
3 live approvals · 5 endedBinnenschrijnwerk en interieur duaal (so)
Interieurbouwer duaal (so)
Operator CNC-gestuurde houtbewerkingsmachines duaal (so)
Similar companies · same sector, comparable size
JFC
BE 0465.917.031
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ALCOMEL
BE 0419.456.110
Tessenderlo-Ham · Eq €1.94M
DRISAG
BE 0407.866.588
Herentals · Eq €1.81M
Sinnfoort
BE 0402.752.215
Roeselare · Eq €2.03M
PLUO
BE 0417.175.917
Wavre · Eq €1.67M
Of 443 companies in sector 31001 we hold annual accounts for 207. 87 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded15-09-1977
Fiscal year end31-12
Activities, NACEBEL
31001Manufacture of furniture
31004Manufacture of dining room, living room, bedroom and bathroom furniture
36141
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.