Platform Science
ActiveSummary
Platform Science has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €53.53M and a net result of €7.82M. Equity is growing by ~17.5% per year across the filed fiscal years. Its solvency ranks better than 92% of 97 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
84
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability87▲+1
Solvency100=
Growth68▼-2
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2M at 30 days acceptable
Liquidity ample (current ratio 5.03 against 5.79 in 2023; short-term debt: 18% and cash: 19.3% of total assets), and 18.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 61
Relative position
BE, all sectors
reference
Sector 61
higher
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
81.4%
Return on assets
11.9%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-10-2025, 77 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
not confirmed
2024
77 d late
2023
76 d late
2022
45 d late
2021
59 d late
2020
116 d late
2019
84 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
€49.83M▼ 2.4%
2023 · €51.03M
2018: €37.94M
2019: €40.30M
2020: €36.70M
2021: €41.12M
2022: €44.62M
2023: €51.03M
2018 → 2024
EBIT margin
18.1%▲ 1.1pp
2023 · 16.9%
2018: 21.0%
2019: 20.5%
2020: 17.8%
2021: 16.3%
2022: 13.7%
2023: 16.9%
2018 → 2024
Net result
€7.82M▲ 12.8%
2023 · €6.93M
2018: €6.39M
2019: €5.74M
2020: €5.04M
2021: €5.69M
2022: €5.05M
2023: €6.93M
2018 → 2024
Working capital
€47.68M▲ 14.6%
2023 · €41.61M
2018: €34.72M
2019: €20.76M
2020: €23.84M
2021: €29.61M
2022: €34.26M
2023: €41.61M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€36.70M-€41.12M▲ 12.1%€44.62M▲ 8.5%€51.03M▲ 14.4%€49.83M▼ 2.4%
Equity€28.05M-€33.73M▲ 20.3%€38.78M▲ 15.0%€45.71M▲ 17.9%€53.53M▲ 17.1%
Operating result€6.51M-€6.69M▲ 2.7%€6.09M▼ 8.9%€8.64M▲ 41.7%€9.00M▲ 4.2%
Net result€5.04M-€5.69M▲ 12.9%€5.05M▼ 11.2%€6.93M▲ 37.3%€7.82M▲ 12.8%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 4% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €65.73M
Fixed assets
€6.20M ▲ 7.0%
Current assets
€59.52M ▲ 18.3%
Equity and liabilities €65.73M
Equity
€53.53M ▲ 17.1%
Provisions
€61k ▼ 60.6%
Debt
€12.14M ▲ 18.7%
Debt's share of the balance-sheet total rises from 18.2% to 18.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€9.15M▲
2023 · €8.83M
Cash flow
€7.96M▲
2023 · €7.12M
Current ratio
5.03▼
2023 · 5.79
Quick ratio
4.69▼
2023 · 5.15
Debt to equity
0.23▲
2023 · 0.22
ROE
14.6%▼
2023 · 15.2%
ROA
11.9%▼
2023 · 12.4%
Interest coverage
25.47▼
2023 · 30.32
Debt ≤ 1 year
€11.84M▲
2023 · €8.68M
Income taxes
€2.56M▼
2023 · €2.64M
Staff costs
€10.11M▲
2023 · €9.44M
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 · 2024 against 2023 · 83 lines
Balance sheet
Code20232024
Assets
Total assets20/58€56.10M€65.73M▲
Fixed assets21/28€5.80M€6.20M▲
Intangible fixed assets21€164k€69k▼
Tangible fixed assets22/27€116k€68k▼
Plant, machinery and equipment23€21k€12k▼
Furniture and vehicles24€67k€30k▼
Other tangible fixed assets26€28k€21k▼
Assets under construction and advance payments27-€4k
Financial fixed assets28€5.52M€6.07M▲
Affiliated companies280/1€5.47M€6.02M▲
Participating interests280€5.47M€6.02M▲
Other financial fixed assets284/8€49k€49k=
Amounts receivable and cash guarantees285/8€49k€49k=
Current assets29/58€50.29M€59.52M▲
Amounts receivable after more than one year29€24.69M€26.36M▲
Trade receivables290€9.61M€8.78M▼
Other amounts receivable291€15.08M€17.58M▲
Stocks and contracts in progress3€5.53M€3.93M▼
Stocks30/36€5.53M€3.93M▼
Goods purchased for resale34€5.53M€3.93M▼
Amounts receivable within one year40/41€15.13M€16.38M▲
Trade receivables40€13.38M€13.81M▲
Other amounts receivable41€1.75M€2.57M▲
Cash at bank and in hand54/58€4.86M€12.71M▲
Deferred charges and accrued income490/1€80k€148k▲
Equity and liabilities
Total equity and liabilities10/49€56.10M€65.73M▲
Equity10/15€45.71M€53.53M▲
Contributions10/11€16.98M€16.98M=
Capital10€16.02M€16.02M=
Issued capital100€16.02M€16.02M=
Outside capital11€960k€960k=
Share premium1100/10€960k€960k=
Reserves13€1.42M€1.60M▲
Non-distributable reserves130/1€1.42M€1.60M▲
Legal reserve130€1.42M€1.60M▲
Profit (loss) carried forward14€27.31M€34.95M▲
Provisions and deferred taxes16€156k€61k▼
Provisions for liabilities and charges160/5€156k€61k▼
Other liabilities and charges164/5€156k€61k▼
Amounts payable17/49€10.23M€12.14M▲
Amounts payable within one year42/48€8.68M€11.84M▲
Trade debts44€2.97M€6.51M▲
Suppliers440/4€2.97M€6.51M▲
Taxes, remuneration and social security45€2.14M€2.00M▼
Taxes450/3-€0
Remuneration and social security454/9€2.14M€2.00M▼
Other amounts payable47/48€3.57M€3.33M▼
Accrued charges and deferred income492/3€1.54M€292k▼
Income statement
Code20232024
Operating income70/76A€51.61M€52.18M▲
Turnover70€51.03M€49.83M▼
Other operating income74€584k€2.36M▲
Operating charges60/66A€42.97M€43.18M▲
Goods for resale, raw materials and consumables60€19.51M€16.38M▼
Purchases600/8€22.64M€15.01M▼
Change in stocks: decrease (increase)609€-3.14M€1.37M▲
Services and other goods61€13.44M€15.91M▲
Remuneration, social security and pensions62€9.44M€10.11M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€188k€146k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€395k€577k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€-113k€-94k▲
Other operating charges640/8€117k€150k▲
Operating profit (loss)9901€8.64M€9.00M▲
Financial income75/76B€6.07M€1.74M▼
Recurring financial income75€911k€1.19M▲
Income from financial fixed assets750€467k€750k▲
Income from current assets751€444k€444k=
Other financial income752/9€0-
Non-recurring financial income76B€5.16M€547k▼
Financial charges65/66B€5.14M€359k▼
Recurring financial charges65€291k€359k▲
Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651€220k€225k▲
Other financial charges652/9€71k€134k▲
Non-recurring financial charges66B€4.85M-
Profit (loss) for the period before taxes9903€9.57M€10.38M▲
Income taxes67/77€2.64M€2.56M▼
Taxes670/3€2.64M€2.56M▼
Profit (loss) for the period9904€6.93M€7.82M▲
Profit (loss) for the period to be appropriated9905€6.93M€7.82M▲
Appropriation of the result
Profit (loss) to be appropriated9906€27.66M€35.13M▲
Profit (loss) brought forward from the previous period14P€20.72M€27.31M▲
Transfer to equity691/2€347k€177k▼
To the legal reserve6920€347k€177k▼
Social balance
Average headcount (FTE)908785.597.3▲
The notes to these accounts (63 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
16-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 77 days late
2024
31-12
Financial
Highest result since 2018net €7.82M ▲12.8%
Operating result €9.00M, net result €7.82M, both a record.
31-12
Financial
Equity above €50MEq €53.53M ▲17.1%
7 profitable years in a row build equity to €53.53M.
15-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 76 days late
2023
14-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 45 days late
2022
28-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 59 days late
2021
24-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 116 days late
2020
31-12
Financial
Weakest financial yearnet €5.04M ▼12.2%
Net result drops to €5.04M, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €25MEq €28.05M ▲21.9%
3 profitable years in a row build equity to €28.05M.
23-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 84 days late
2019
10-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 71 days late
07-03
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 219 days late
2017
27-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 149 days late
2016
24-11
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 116 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
31 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, Ieper · 1 establishment unit since 1999
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.
Ter Waarde 908900 IeperGround area
1.1 ha
Building footprint
1,967 m²
Volume, LiDAR
23,379 m³
Parcel 33306B0341/00L000, Flanders · tallest building 14.8 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Ter Waarde 90, 8900 Ieper
since 19992.131.300.034
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33306B0341/00L000 | Flanders | 1.1 ha | 1 · 1,967 m² | 14.8 m · 4 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 2025 · 6 entries · 17,436 EUR awarded · 14,455 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 5,092 EUR | 3,192 EUR |
| 2024 | 2 | 3,121 EUR | 4,338 EUR |
| 2023 | 2 | 7,630 EUR | 5,596 EUR |
| 2022 | 1 | 1,593 EUR | 1,329 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Vlaams opleidingsverlof (VOV)
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Of 1,376 companies in sector 61100 we hold annual accounts for 586. 39 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-10-1998
Fiscal year end31-12
Activities, NACEBEL 2025
61100Wired, wireless and satellite telecommunications
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
General meetings
2 convocationsOrdinary general meeting
Agenda
van de gewone algemene vergadering is samengesteld als volgt : 1. Kennisname en bespreking van het jaarverslag van de raad van bestuur en het verslag van de commissaris over de enkelvoudige jaar- rekening voor het boekjaar afgesloten op 31 december 2009. Voorstel van besluit : De vergadering neemt kennis van het jaarverslag opgemaakt door de raad van bestuur over de enkelvoudige jaarrekening voor het boekjaar afgesloten op 31 december 2009 en van het verslag van de commissaris over zelfde jaarrekening. 2. Goedkeuring van de enkelvoudige jaarrekening van de vennoot- schap voor het boekjaar afgesloten op 31 december 2009, en van de voorgestelde bestemming van het resultaat. Voorstel van beslui ...
Ordinary general meeting
Agenda
van de gewone algemene vergadering is samengesteld als volgt : 1. Lezing en bespreking van het jaarverslag en het verslag van de commissaris m.b.t. de statutaire jaarrekening over het boekjaar eindi- gend op, 31 december 2006. 2. Lezing, bespreking en goedkeuring van de statutaire jaarrekening over het boekjaar eindigend op 31 december 2006 en bestemming van het resultaat. Voorstel van besluit : de algemene vergadering besluit de statutaire jaarrekening over het boekjaar eindigend op 31 december 2006 goed te keuren en een bedrag van EUR -281.824,17 toe te voegen aan het over te dragen resultaat. 3. Lezing en bespreking van het jaarverslag en het verslag van de commissaris m.b.t. de geconsoli ...