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PLASSCHAERT

Active
Private limited companyfounded 1986active for 39 yearsSnipgatstraat 9, 8432 Middelkerke, BelgiumKBO/BCE: BE 0430.192.921
Summary

PLASSCHAERT has been active since 1986 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €280,517 and a net result of €114,865. Equity remains stable across the filed financial years (±2.3% per year). Its solvency ranks better than 47% of 3,706 sector peers (NACE 01, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Risk analysisFollow ReportCompare
PLASSCHAERTActiveChecked score 56/100
Risk analysis ReportCompare

Overview

Activity
Mixed farming
NACE 01500Raising of horses and other equines NACE 01430
3rd oldest company in Middelkerke, Agriculture, forestry and fishing sector1 site
Size
≈ €560,000turnover 2025, estimated
Equity
€280,517
Profit
€114,865
Turnover estimated from the gross margin
Financial health
56 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Structure
2025 accounts filed 121 days late1 of 2 deeds summarised
Why 56raises riskCapped at 59: a confirmed filing findingLast filed accounts filed 121 days late; 3 of the last 3 lateLiquidity: current ratio 2.02, cash €5,150lowers riskFounded in 1986Size: total assets €957,946Show the evidence

Checked score

Score 2025
56 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 64% of its sector peers (NACE 01, micro)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 54+4
equity 29.3% of total assets
Liquidity 43-6
short-term debt 21.7% · cash 0.5%
Profitability 84+16
return on assets 12.0%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (5,697 companies, NACE 01, micro)
Last 24 months 11-2024: 0.2%lowest value 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.3%▲ +0.1 percentage points vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.5%▲ +0.2 percentage points vs 04-2025 06-2025: 0.3%▼ -0.2 percentage points vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.4%▲ +0.1 percentage points vs 03-2026 05-2026: 0.7%▲ +0.3 percentage points vs 04-2026 06-2026: 0.8%▲ +0.1 percentage points vs 05-2026 07-2026: 1.1%▲ +0.3 percentage points vs 06-2026 08-2026: 1.2%▲ +0.1 percentage points vs 07-2026highest value 09-2026: 0.4%▼ -0.8 percentage points vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026
Credit of up to €15,000 on 30-day terms, only on tighter conditions: the latest accounts were filed more than 90 days after the deadline
Liquidity ample (current ratio 2.02, compared with 2.04 in 2024, above the usual 1.5; short-term debt: 21.7% and cash: 0.5% of total assets), but 70.7% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 01, micro): better than 44% on solvency, 40% on liquidity, 81% on profitability and 90% on growth.

The bankruptcy probability was computed on 29-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises risk
raises risk · Last filed accounts filed 121 days late; 3 of the last 3 late
NBB · filings
lowers risk · Founded in 1986
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Liquidity: current ratio 2.02, cash €5,150
NBB · annual accounts
lowers risk · Size: total assets €957,946
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year €280,517
raises risk · 2025 accounts filed 121 days late
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-08-2026, 121 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
121 days late
2024
31 days late
2023
31 days late
2022
235 days late
2021
24 days late
2020
20 days late
2019
87 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 54 days after the deadline; the sector median (NACE 01) for financial year 2024 is 3 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 1 June (4 of the last 5 filed years within 89 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end30-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Back to profitnet €114,865
  3. Equity above €200,000equity €280,517 ▲69.3%

Key points

  • Positive: Back in profit in 2025after -€5,080 in 2024 €114,865 View
  • Caution: Latest accounts filed lateafter the legal deadline 121 days View
  • Positive: Among the best 7% on net resultsector median €7,141 · 3,703 companies €114,865 View

By topic

Financials

Financial year
2025
Total assets
€957,946
Profit
€114,865
Solvency
29.3%
Turnover▲ 13.2%
Net result
20192021
Go to Financials

Board & ownership

Board
3 members
  • Bart MarrannesDirector
  • Jomme MarrannesDirector
  • Ria PlasschaertDirector
Go to Board & ownership

Timeline

Events
32
Since
1988
Next accounts
by 30-04-2027
  1. 31-05-2025Annual accounts filed
  2. 30-09-2024Weakest financial year
  3. 31-05-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Mixed farmingNACE 01500
Founded
29-12-1986
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
17
Who signs
Each director alone
Purpose
“De productie in verband met akkerbouw, veeteelt, handel van afgewerkte producten, groot-…” (deed in Dutch)
Go to Articles of association

Key facts about PLASSCHAERT

What is the company number of PLASSCHAERT?
0430.192.921. In Belgium the VAT number is the company number with BE in front: BE 0430.192.921.
Where is PLASSCHAERT based?
The registered office is at Snipgatstraat 9, 8432 Middelkerke.Company details
What does PLASSCHAERT do?
According to the KBO register, the main activity is mixed farming (NACE 01500).
What is the legal form of PLASSCHAERT?
Private limited company (BV).
When was PLASSCHAERT founded?
On 29-12-1986.
Is PLASSCHAERT still active?
Yes, PLASSCHAERT is an active enterprise in the KBO register.
How many employees does PLASSCHAERT have?
On average 0.8 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
What is the turnover of PLASSCHAERT?
€197,554 in financial year 2021, according to the filed annual accounts.
Is PLASSCHAERT profitable?
In financial year 2025, PLASSCHAERT made a profit of €114,865.
Where can I find the annual accounts of PLASSCHAERT?
PLASSCHAERT filed 27 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PLASSCHAERT due?
By 30-04-2027, for financial year 2026.Timeline

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