PLANTACOTE
ActiveSummary
PLANTACOTE has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-577k) and a net result of €-766k. Equity is shrinking by ~60.9% per year across the filed fiscal years. Its solvency ranks better than 5% of 4886 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency6▼-26
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.72 against 0.91 in 2024; short-term debt: 119% and cash: 8.2% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2025Solvency, return and age of the figures
Solvency
-19.2%
Return on assets
-25.4%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
18202122232425
2018 to 2025 · latest year €-577k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
18 d late
2024
180 d late
2023
436 d late
2022
157 d late
2021
31 d late
2020
30 d late
2019
74 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-766k▼ 48.1%
2024 · €-517k
2018: €-2.42Mlowest value
2020: €6.09Mhighest value
2021: €-747k▼ -112% vs 2020
2022: €-841k▼ -12.6% vs 2021
2023: €-831k▲ +1.3% vs 2022
2024: €-517k▲ +37.8% vs 2023
2025: €-766k▼ -48.1% vs 2024
2018 → 2025
Working capital
€-986k▼ 321%
2024 · €-234k
2018: €653k
2020: €3.54Mhighest value
2021: €852k▼ -76.0% vs 2020
2022: €156k▼ -81.7% vs 2021
2023: €348k▲ +123% vs 2022
2024: €-234k▼ -167% vs 2023
2025: €-986k▼ -321% vs 2024lowest value
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.38M-€1.54M▼ 35.4%€705k▼ 54.1%€188k▼ 73.3%€-577k
2021: €2.38Mhighest in 5 years
2022: €1.54M▼ -35.4% vs 2021
2023: €705k▼ -54.1% vs 2022
2024: €188k▼ -73.3% vs 2023
2025: €-577k▼ -406% vs 2024lowest in 5 years
Operating result€-384k-€-831k▼ 116%€-807k▲ 2.8%€-513k▲ 36.4%€-735k▼ 43.2%
2021: €-384khighest in 5 years
2022: €-831k▼ -116% vs 2021lowest in 5 years
2023: €-807k▲ +2.8% vs 2022
2024: €-513k▲ +36.4% vs 2023
2025: €-735k▼ -43.2% vs 2024
Net result€-747k-€-841k▼ 12.6%€-831k▲ 1.3%€-517k▲ 37.8%€-766k▼ 48.1%
2021: €-747k
2022: €-841k▼ -12.6% vs 2021lowest in 5 years
2023: €-831k▲ +1.3% vs 2022
2024: €-517k▲ +37.8% vs 2023highest in 5 years
2025: €-766k▼ -48.1% vs 2024
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €735k in 2025 against €513k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.01M
Fixed assets
€414k ▼ 2.2%
Current assets
€2.60M ▲ 13.2%
Key figures and ratios
EBITDA
€-716k▼
2024 · €-498k
Cash flow
€-747k▼
2024 · €-502k
Solvency
-19.2%▼
2024 · 6.9%
Current ratio
0.72▼
2024 · 0.91
Quick ratio
0.51▼
2024 · 0.56
Debt to equity
-6.22▼
2024 · 13.42
ROA
-25.4%▼
2024 · -19.0%
Interest coverage
-6.28▲
2024 · -7.53
Debt
€3.59M▲
2024 · €2.53M
Debt ≤ 1 year
€3.58M▲
2024 · €2.53M
Income taxes
€-2k▼
2024 · €289
Staff costs
€417k▲
2024 · €375k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.72M€3.01M▲
Fixed assets21/28€423k€414k▼
Intangible fixed assets21€350k€350k=
Tangible fixed assets22/27€71k€62k▼
Plant, machinery and equipment23€2k€10k▲
Furniture and vehicles24€70k€52k▼
Financial fixed assets28€2k€2k=
Current assets29/58€2.30M€2.60M▲
Stocks and contracts in progress3€873k€786k▼
Stocks30/36€873k€786k▼
Amounts receivable within one year40/41€1.25M€1.55M▲
Trade receivables40€1.21M€1.53M▲
Other amounts receivable41€34k€22k▼
Cash at bank and in hand54/58€158k€247k▲
Deferred charges and accrued income490/1€16k€12k▼
Equity and liabilities
Total equity and liabilities10/49€2.72M€3.01M▲
Equity10/15€188k€-577k▼
Contributions10/11€5.00M€5.00M=
Capital10€5.00M€5.00M=
Issued capital100€5.00M€5.00M=
Profit (loss) carried forward14€-4.81M€-5.58M▼
Amounts payable17/49€2.53M€3.59M▲
Amounts payable within one year42/48€2.53M€3.58M▲
Trade debts44€2.47M€3.54M▲
Suppliers440/4€2.47M€3.54M▲
Advances received on contracts in progress46€17k€0▼
Taxes, remuneration and social security45€42k€41k▼
Taxes450/3€9k€9k▲
Remuneration and social security454/9€33k€32k▼
Accrued charges and deferred income492/3€696€5k▲
Income statement
Code20242025
Non-recurring operating income76A€7k€0▼
Remuneration, social security and pensions62€375k€417k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€18k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€120k€0▼
Other operating charges640/8€3k€20k▲
Non-recurring operating charges66A€1k€255k▲
Gross operating margin9900€1k€-24k▼
Operating profit (loss)9901€-513k€-735k▼
Financial income75/76B€63k€81k▲
Recurring financial income75€63k€81k▲
Financial charges65/66B€66k€114k▲
Recurring financial charges65€66k€114k▲
Profit (loss) for the period before taxes9903€-517k€-767k▼
Income taxes67/77€289€-2k▼
Profit (loss) for the period9904€-517k€-766k▼
Profit (loss) for the period to be appropriated9905€-517k€-766k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-4.81M€-5.58M▼
Profit (loss) brought forward from the previous period14P€-4.29M€-4.81M▼
Social balance
Average headcount (FTE)90872.02.0=
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €92k | €45k | €638 | €7k | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | €310k | €348k | €369k | €375k | €417k | ▲ 11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €558k | €554k | €2k | €15k | €18k | ▲ 23.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €5k | €9k | €8k | €120k | €0 | ▼ 100% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | €-9k | €0 | - | - | - |
| Other operating charges640/8 | €5k | €6k | €19k | €3k | €20k | ▲ 502% |
| Non-recurring operating charges66A | €372 | €0 | - | €1k | €255k | ▲ 17,785% |
| Gross operating margin9900 | €495k | €78k | €-410k | €1k | €-24k | ▼ 1,988% |
| Operating profit (loss)9901 | €-384k | €-831k | €-807k | €-513k | €-735k | ▼ 43.2% |
| Financial income75/76B | €63k | €53k | €47k | €63k | €81k | ▲ 29.8% |
| Recurring financial income75 | €63k | €53k | €47k | €63k | €81k | ▲ 29.8% |
| Financial charges65/66B | €115k | €63k | €68k | €66k | €114k | ▲ 72.4% |
| Recurring financial charges65 | €115k | €63k | €68k | €66k | €114k | ▲ 72.4% |
| Profit (loss) for the period before taxes9903 | €-435k | €-841k | €-828k | €-517k | €-767k | ▼ 48.5% |
| Income taxes67/77 | €312k | €448 | €2k | €289 | €-2k | ▼ 663% |
| Profit (loss) for the period9904 | €-747k | €-841k | €-831k | €-517k | €-766k | ▼ 48.1% |
| Profit (loss) for the period to be appropriated9905 | €-747k | €-841k | €-831k | €-517k | €-766k | ▼ 48.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €5.14M | €4.28M | €3.04M | €2.72M | €3.01M | ▲ 10.8% |
| Formation expenses20 | €576 | €0 | - | - | - | - |
| Fixed assets21/28 | €2.53M | €1.98M | €357k | €423k | €414k | ▼ 2.2% |
| Intangible fixed assets21 | €2.52M | €1.97M | €350k | €350k | €350k | = |
| Tangible fixed assets22/27 | €8k | €4k | €6k | €71k | €62k | ▼ 12.9% |
| Plant, machinery and equipment23 | €4k | €3k | €2k | €2k | €10k | ▲ 435% |
| Furniture and vehicles24 | €3k | €485 | €3k | €70k | €52k | ▼ 24.9% |
| Other tangible fixed assets26 | €490 | €139 | €0 | - | - | - |
| Financial fixed assets28 | €2k | €2k | €2k | €2k | €2k | = |
| Current assets29/58 | €2.61M | €2.30M | €2.68M | €2.30M | €2.60M | ▲ 13.2% |
| Stocks and contracts in progress3 | €788k | €775k | €965k | €873k | €786k | ▼ 10.0% |
| Stocks30/36 | €788k | €775k | €965k | €873k | €786k | ▼ 10.0% |
| Amounts receivable within one year40/41 | €1.34M | €1.19M | €1.51M | €1.25M | €1.55M | ▲ 24.3% |
| Trade receivables40 | €1.21M | €1.04M | €1.36M | €1.21M | €1.53M | ▲ 25.9% |
| Other amounts receivable41 | €122k | €151k | €144k | €34k | €22k | ▼ 34.1% |
| Cash at bank and in hand54/58 | €484k | €295k | €186k | €158k | €247k | ▲ 56.6% |
| Deferred charges and accrued income490/1 | - | €37k | €26k | €16k | €12k | ▼ 23.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €5.14M | €4.28M | €3.04M | €2.72M | €3.01M | ▲ 10.8% |
| Equity10/15 | €2.38M | €1.54M | €705k | €188k | €-577k | ▼ 406% |
| Contributions10/11 | €5.00M | €5.00M | €5.00M | €5.00M | €5.00M | = |
| Capital10 | €5.00M | €5.00M | €5.00M | €5.00M | €5.00M | = |
| Issued capital100 | €5.00M | €5.00M | €5.00M | €5.00M | €5.00M | = |
| Profit (loss) carried forward14 | €-2.62M | €-3.46M | €-4.29M | €-4.81M | €-5.58M | ▼ 15.9% |
| Provisions and deferred taxes16 | €9k | €0 | - | - | - | - |
| Provisions for liabilities and charges160/5 | €9k | €0 | - | - | - | - |
| Other liabilities and charges164/5 | €9k | €0 | - | - | - | - |
| Amounts payable17/49 | €2.76M | €2.74M | €2.34M | €2.53M | €3.59M | ▲ 41.8% |
| Amounts payable after more than one year17 | €1.00M | €600k | €0 | - | - | - |
| Other amounts payable178/9 | €1.00M | €600k | €0 | - | - | - |
| Amounts payable within one year42/48 | €1.76M | €2.14M | €2.34M | €2.53M | €3.58M | ▲ 41.7% |
| Trade debts44 | €1.40M | €2.09M | €2.29M | €2.47M | €3.54M | ▲ 43.4% |
| Suppliers440/4 | €1.40M | €2.09M | €2.29M | €2.47M | €3.54M | ▲ 43.4% |
| Advances received on contracts in progress46 | - | - | €3k | €17k | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €354k | €56k | €42k | €42k | €41k | ▼ 0.5% |
| Taxes450/3 | €347k | €16k | €9k | €9k | €9k | ▲ 3.7% |
| Remuneration and social security454/9 | €7k | €40k | €33k | €33k | €32k | ▼ 1.7% |
| Accrued charges and deferred income492/3 | - | - | - | €696 | €5k | ▲ 615% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-747k | €-841k | €-831k | €-517k | €-766k | ▼ 48.1% |
| + Depreciation and write-downs630 | €558k | €554k | €2k | €15k | €18k | ▲ 23.7% |
| Operating cash flow (approximation) | €-189k | €-287k | €-829k | €-502k | €-747k | ▼ 48.8% |
| Investment in fixed assets (approximation) | - | €-576 | €1.62M | €-81k | €-9k | ▲ 88.8% |
| Change in cash | - | €-189k | €-110k | €-28k | €89k | ▲ 423% |
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
Next filing, fiscal year 2026, expected by
2026
18-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 18 days late
27-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 180 days late
2025
10-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 436 days late
2024
04-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 157 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
31-12
Financial
Back to profitnet €6.09M
Net result €6.09M after one loss-making year.
31-12
Financial
Liquidity times 27current ratio 34.37
Current ratio from 1.27 to 34.37; short-term debt falls from €2.44M to €106k.
31-12
Financial
Equity above €2MEq €3.12M
Equity rises from €-1.20M to €3.12M.
13-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 74 days late
2019
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
15-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 46 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 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
8 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, Herentals · 1 establishment unit since 2015
Ground area
17.8 ha
Building footprint
4.6 ha
Volume, LiDAR
31,153 m³
Parcel 13302D0060/00S000, Flanders · tallest building 28.5 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
PLANTACOTE
since 20152.239.029.125
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13302D0060/00S000 | Flanders | 17.8 ha | 2 · 4.6 ha | 28.5 m · 9 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteHerentals2.239.029.125
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Of 163 companies in sector 46852 we hold annual accounts for 95. 66 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded19-12-2014
Fiscal year end31-12
Activities, NACEBEL 2025
46852Wholesale trade
46120Wholesale trade
47761Retail sale of flowers, plants, seeds and fertilisers
Scores and ratios are computed by Checked and are not a credit decision.