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Platform-K

Active
Non-profit associationfounded 2008active for 18 yearsLijnmolenstraat 153, 9040 Gent, BelgiumKBO/BCE: BE 0806.671.004
Summary

Platform-K has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €153,445 and a net result of €18,292. Equity is growing by about 29% per year across the filed financial years. Its solvency ranks better than 62% of 22,479 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, micro format

Turnover
€43,464
EBIT margin
-53.4%
Net result
€18,292▼ 76.3%
2024 · €77,158
Working capital
€129,437▼ 7.8%
2024 · €140,458
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result falls in 2025; 2025 is 76% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.02m 2025 Net result€0.02m 2025

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

Sector: the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Turnover€0.04m-
Operating result-€0.02m-€0.004m€0.01m▲ 167%€0.005m▼ 52.6%€0.01m▲ 199%€0.08m▲ 446%€0.02m▼ 76.3%
Net result-€0.02m-€0.003mwithin the sector's middle half€0.01mwithin the sector's middle half▲ 188%€0.003mwithin the sector's middle half▼ 68.7%€0.01mwithin the sector's middle half▲ 357%€0.08mabove the sector's middle half▲ 467%€0.02mwithin the sector's middle half▼ 76.3%
EBIT margin-53.4%-
Equity€0.03m-€0.04mwithin the sector's middle half▲ 3.8%€0.04mwithin the sector's middle half▲ 22.2%€0.05mwithin the sector's middle half▲ 4.8%€0.06mwithin the sector's middle half▲ 29.2%€0.1mabove the sector's middle half▲ 131%€0.2mabove the sector's middle half▲ 13.5%
Total assets€0.4m-€0.7mabove the sector's middle half▲ 76.7%€0.5mabove the sector's middle half▼ 29.5%€1.9mabove the sector's middle half▲ 309%€0.4mabove the sector's middle half▼ 78.5%€0.3mabove the sector's middle half▼ 20.0%€0.3mwithin the sector's middle half▼ 2.1%
Debt€0.3m-€0.6m▲ 87.8%€0.4m▼ 33.2%€1.9m▲ 352%€0.3m▼ 81.7%€0.2m▼ 42.2%€0.2m▼ 12.8%
Working capital€0.2m-€0.6mabove the sector's middle half▲ 126%€0.4mabove the sector's middle half▼ 25.4%€1.8mabove the sector's middle half▲ 324%€0.2mabove the sector's middle half▼ 86.8%€0.1mabove the sector's middle half▼ 39.9%€0.1mabove the sector's middle half▼ 7.8%
Solvency9.0%-5.3%below the sector's middle half▼ 3.7pp9.1%within the sector's middle half▲ 3.9pp2.3%below the sector's middle half▼ 6.8pp14.0%within the sector's middle half▲ 11.7pp40.6%within the sector's middle half▲ 26.6pp47.1%within the sector's middle half▲ 6.5pp
Current ratio2.98-6.22above the sector's middle half▲ 3.248.89above the sector's middle half▲ 2.6711.89above the sector's middle half▲ 3.002.29within the sector's middle half▼ 9.601.73within the sector's middle half▼ 0.561.75within the sector's middle half▲ 0.02
Return on assets (ROA)-6.1%-0.5%within the sector's middle half▲ 6.6pp2.0%within the sector's middle half▲ 1.5pp0.2%within the sector's middle half▼ 1.9pp3.3%within the sector's middle half▲ 3.1pp23.2%above the sector's middle half▲ 19.9pp5.6%within the sector's middle half▼ 17.6pp
Staff (FTE)2.5-3.23.8▲ 18.8%4.2▲ 10.5%5.3▲ 26.2%5.2▼ 1.9%
above within below the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €326,033
Fixed assets €24,008 ▲ 3,924%
Current assets €302,025 ▼ 9.1%
Equity and liabilities €326,033
Equity €153,445 ▲ 13.5%
Debt €172,587 ▼ 12.8%
Debt's share of the balance-sheet total falls from 59.4% to 52.9%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€24,958▼
2024 · €77,591
Cash flow
€25,091▼
2024 · €78,152
Debt to equity
1.12▼
2024 · 1.46
ROE
11.9%▼
2024 · 57.1%
Interest coverage
44.24▼
2024 · over 100
Debt ≤ 1 year
€172,587▼
2024 · €191,956
Income taxes
€0▼
2024 · €351
Staff costs
€328,362▲
2024 · €236,449
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 34,695 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.3% are 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% still going

For this company itself Checked computes a bankruptcy probability of < 0.1% 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 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 34,695 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 · 2025 against 2024 · 46 lines
Balance sheet Code20242025
Assets
Total assets20/58€333,010€326,033▼
Fixed assets21/28€597€24,008▲
Intangible fixed assets21-€23,207
Tangible fixed assets22/27€597€801▲
Plant, machinery and equipment23€597€801▲
Current assets29/58€332,413€302,025▼
Amounts receivable within one year40/41€39,950€66,279▲
Trade receivables40€3,011€26,079▲
Other amounts receivable41€36,939€40,200▲
Cash at bank and in hand54/58€292,444€234,307▼
Deferred charges and accrued income490/1€20€1,439▲
Equity and liabilities
Total equity and liabilities10/49€333,010€326,033▼
Equity10/15€135,153€153,445▲
Reserves13€84,000€94,000▲
Profit (loss) carried forward14€51,153€59,445▲
Investment grants15€0-
Provisions and deferred taxes16€0-
Provisions for liabilities and charges160/5€0-
Other liabilities and charges164/5€0-
Amounts payable17/49€197,857€172,587▼
Amounts payable within one year42/48€191,956€172,587▼
Financial debts43€55€66▲
Credit institutions430/8€55€66▲
Trade debts44€11,237€5,443▼
Suppliers440/4€11,237€5,443▼
Taxes, remuneration and social security45€38,664€58,579▲
Taxes450/3€2,701€11,028▲
Remuneration and social security454/9€35,963€47,551▲
Accrued charges and deferred income492/3€5,901€0▼
Income statement Code20242025
Non-recurring operating income76A€128€0▼
Remuneration, social security and pensions62€236,449€328,362▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€994€6,799▲
Other operating charges640/8€6,806€184▼
Gross operating margin9900€305,486€353,504▲
Operating profit (loss)9901€76,597€18,159▼
Financial income75/76B€1,519€697▼
Recurring financial income75€1,519€697▼
Financial charges65/66B€607€564▼
Recurring financial charges65€607€564▼
Profit (loss) for the period before taxes9903€77,509€18,292▼
Income taxes67/77€351€0▼
Profit (loss) for the period9904€77,158€18,292▼
Profit (loss) for the period to be appropriated9905€77,158€18,292▼
Appropriation of the result
Profit (loss) to be appropriated9906€135,153€69,445▼
Profit (loss) brought forward from the previous period14P€57,996€51,153▼
Addition to contributions691€84,000€10,000▼

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Turnover70€43,464-------
Non-recurring operating income76A---€495€2,552€128€0▼ 100%
Remuneration, social security and pensions62--€152,204€219,676€213,769€236,449€328,362▲ 38.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,141€2,878€2,432€2,830€1,300€994€6,799▲ 584%
Other operating charges640/8--€16,164€6,754€23,244€6,806€184▼ 97.3%
Gross operating margin9900€112,597€129,445€180,690€233,944€252,334€305,486€353,504▲ 15.7%
Operating profit (loss)9901-€23,202€3,697€9,890€4,685€14,021€76,597€18,159▼ 76.3%
Financial income75/76B---€3€58€1,519€697▼ 54.1%
Recurring financial income75€32€0-€3€58€1,519€697▼ 54.1%
Financial charges65/66B--€238€1,713€471€607€564▼ 7.1%
Recurring financial charges65€142€123€238€1,713€471€607€564▼ 7.1%
Profit (loss) for the period before taxes9903-€23,312€3,574€9,652€2,975€13,608€77,509€18,292▼ 76.4%
Income taxes67/77-€273€149--€351€0▼ 100%
Profit (loss) for the period9904-€23,312€3,301€9,503€2,975€13,608€77,158€18,292▼ 76.3%
Profit (loss) for the period to be appropriated9905-€23,312€3,301€9,503€2,975€13,608€77,158€18,292▼ 76.3%
Line2019202020212022202320242025Change
Assets
Total assets20/58€0.4m€0.7m€0.5m€1.9m€0.4m€0.3m€0.3m▼ 2.1%
Fixed assets21/28€0.007m€0.004m€0.003m€0.001m€0.002m€0.001m€0.02m▲ 3,924%
Intangible fixed assets21------€0.02m-
Tangible fixed assets22/27€0.007m€0.004m€0.003m€0.001m€0.002m€0.001m€0.001m▲ 34.2%
Plant, machinery and equipment23--€0.002m€0.001m€0.002m€0.001m€0.001m▲ 34.2%
Furniture and vehicles24--€0.001m€305€0---
Current assets29/58€0.4m€0.7m€0.5m€1.9m€0.4m€0.3m€0.3m▼ 9.1%
Amounts receivable within one year40/41€0.1m€0.5m€0.4m€1.9m€0.2m€0.04m€0.07m▲ 65.9%
Trade receivables40--€0.02m€0.1m€0.03m€0.003m€0.03m▲ 766%
Other amounts receivable41--€0.4m€1.8m€0.2m€0.04m€0.04m▲ 8.8%
Cash at bank and in hand54/58€0.2m€0.2m€0.07m€0.06m€0.2m€0.3m€0.2m▼ 19.9%
Deferred charges and accrued income490/1---€44€79€20€0.001m▲ 7,212%
Equity and liabilities
Total equity and liabilities10/49€0.4m€0.7m€0.5m€1.9m€0.4m€0.3m€0.3m▼ 2.1%
Equity10/15€0.03m€0.04m€0.04m€0.05m€0.06m€0.1m€0.2m▲ 13.5%
Reserves13-----€0.08m€0.09m▲ 11.9%
Profit (loss) carried forward14€0.03m€0.03m€0.04m€0.04m€0.06m€0.05m€0.06m▲ 16.2%
Investment grants15--€0.002m€0.001m€398€0--
Provisions and deferred taxes16€0.02m€0.02m€0.02m€0.02m€0.02m€0--
Provisions for liabilities and charges160/5--€0.02m€0.02m€0.02m€0--
Other liabilities and charges164/5--€0.02m€0.02m€0.02m€0--
Amounts payable17/49€0.3m€0.6m€0.4m€1.9m€0.3m€0.2m€0.2m▼ 12.8%
Amounts payable within one year42/48€0.1m€0.1m€0.05m€0.2m€0.2m€0.2m€0.2m▼ 10.1%
Financial debts43-----€55€66▲ 20.2%
Credit institutions430/8-----€55€66▲ 20.2%
Trade debts44€0.1m€0.07m€0.007m€0.04m€0.05m€0.01m€0.005m▼ 51.6%
Suppliers440/4--€0.007m€0.04m€0.05m€0.01m€0.005m▼ 51.6%
Taxes, remuneration and social security45--€0.04m€0.05m€0.05m€0.04m€0.06m▲ 51.5%
Taxes450/3--€0.008m€0.002m€0.004m€0.003m€0.01m▲ 308%
Remuneration and social security454/9--€0.03m€0.05m€0.05m€0.04m€0.05m▲ 32.2%
Accrued charges and deferred income492/3--€0.4m€1.7m€0.2m€0.006m€0▼ 100%
Line2019202020212022202320242025Change
Profit (loss) for the period9904-€23,312€3,301€9,503€2,975€13,608€77,158€18,292▼ 76.3%
+ Depreciation and write-downs630€3,141€2,878€2,432€2,830€1,300€994€6,799▲ 584%
Operating cash flow (approximation)-€20,171€6,179€11,934€5,805€14,908€78,152€25,091▼ 67.9%
Investment in fixed assets (approximation)-€0-€915-€1,194-€1,790€0-€30,210-
Change in cash-€27,298-€135,865-€9,637€121,238€107,103-€58,138-

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

Download as CSV

Filings with the National Bank (10)
Financial year Type Filed Reference
31-12-2025 micro format 19-03-2026 2026-00059176
31-12-2024 micro format 11-04-2025 2025-00067924
31-12-2023 micro format 30-05-2024 2024-00110211
31-12-2022 micro format 14-04-2023 2023-00061856
31-12-2021 micro format 13-06-2022 2022-20066240
31-12-2020 micro format 24-06-2021 2021-24800467
31-12-2019 abbreviated format 21-09-2020 2020-54400002
31-12-2012 abbreviated format 11-04-2013 2013-08800045
31-12-2011 abbreviated format 06-04-2012 2012-08500304
31-12-2010 abbreviated format 03-05-2011 2011-10100451

Similar companies · same sector, comparable size

Of the 606 active companies whose main activity is retail trade (NACE 47610), figures are known for 239. 192 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2022 to 2025 · 9 entries · €1.0m awarded · €1.0m paid
Year Entries AwardedPaid
2025 2 €332,934€330,831
2024 2 €325,884€323,856
2023 3 €315,285€299,809
2022 2 €59,700€48,300
Schemes

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.