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PLATTEAU

Active
Public limited companyfounded 197847 yrs activeOuderdomseweg 30, 8970 Poperinge, BelgiumKBO/BCE: BE 0418.982.590

PLATTEAU has been active since 1978 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.24M and a net result of €49k. Equity is growing by ~5.6% per year across the filed fiscal years. Its solvency ranks better than 39% of 1221 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

Score 2024
74 / 100
Healthy▼ -9 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability20▼-78
Solvency67▲+4
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €90k at 30 days acceptable
Liquidity tight (current ratio 1.4 against 1.49 in 2023), and 62.4% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 47 years 0 50 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies more bankruptcies →
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
37.6%
Return on assets
1.5%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-06-2025, 44 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
44 d early
2023
44 d early
2022
18 d early
2021
26 d early
2020
8 d early
2019
65 d early
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, abbreviated schema

Equity
€1.24M▲ 4.1%
2023 · €1.19M
2018: €900k 2019: €964k 2020: €938k 2021: €1.04M 2022: €1.21M 2023: €1.19M
2018 → 2024
Total assets
€3.30M▼ 7.8%
2023 · €3.58M
2018: €1.78M 2019: €2.37M 2020: €2.14M 2021: €2.82M 2022: €3.73M 2023: €3.58M
2018 → 2024
Net result
€49k▼ 79.1%
2023 · €234k
2018: €140k 2019: €164k 2020: €25k 2021: €102k 2022: €167k 2023: €234k
2018 → 2024
Working capital
€465k▼ 16.7%
2023 · €558k
2018: €728k 2019: €589k 2020: €671k 2021: €607k 2022: €454k 2023: €558k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€938k-€1.04M▲ 10.9%€1.21M▲ 16.1%€1.19M▼ 1.4%€1.24M▲ 4.1%
Operating result€33k-€123k▲ 268%€183k▲ 48.8%€257k▲ 40.0%€104k▼ 59.5%
Net result€25k-€102k▲ 316%€167k▲ 63.2%€234k▲ 39.7%€49k▼ 79.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€100k€200k€300kOperating result 2020: €33k€33kNet result 2020: €25k€25kOperating result 2021: €123k€123kNet result 2021: €102k€102kOperating result 2022: €183k€183kNet result 2022: €167k€167kOperating result 2023: €257k€257kNet result 2023: €234k€234kOperating result 2024: €104k€104kNet result 2024: €49k€49k20202021202220232024
The operating result falls in 2024; 2024 is 60% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €3.30M
Fixed assets €1.67M▼ 11.7%
Current assets €1.63M▼ 3.5%
Equity and liabilities €3.30M
Equity €1.24M▲ 4.1%
Debt €2.06M▼ 13.8%
The debt ratio falls from 66.7% to 62.4%: equity grows while debt is paid down.
Key figures and ratios
2024 value · change against 2023
EBITDA
€596k
2023 · €699k
Cash flow
€541k
2023 · €676k
Solvency
37.6%
2023 · 33.3%
Current ratio
1.40
2023 · 1.49
Quick ratio
1.11
2023 · 1.22
Debt / equity
1.66
2023 · 2.00
ROE
3.9%
2023 · 19.6%
ROA
1.5%
2023 · 6.5%
Interest coverage
11.16
2023 · 27.84
Debt
€2.06M
2023 · €2.38M
Debt ≤ 1 year
€1.17M
2023 · €1.13M
Debt > 1 year
€890k
2023 · €1.25M
Income taxes
€6k
Staff costs
€1.57M
2023 · €1.47M
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€3.58M€3.30M
Fixed assets21/28€1.89M€1.67M
Intangible fixed assets21€28k€27k
Tangible fixed assets22/27€1.86M€1.64M
Land and buildings22€384k€371k
Plant, machinery and equipment23€268k€392k
Furniture and vehicles24€36k€27k
Leasing and similar rights25€1.17M€849k
Financial fixed assets28€74€74=
Current assets29/58€1.69M€1.63M
Amounts receivable after more than one year29-€4k
Other amounts receivable291-€4k
Stocks and contracts in progress3€311k€338k
Stocks30/36€311k€338k
Amounts receivable within one year40/41€1.07M€1.05M
Trade receivables40€846k€752k
Other amounts receivable41€219k€299k
Cash at bank and in hand54/58€292k€215k
Deferred charges and accrued income490/1€21k€21k
Equity and liabilities
Total equity and liabilities10/49€3.58M€3.30M
Equity10/15€1.19M€1.24M
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€1.13M€1.18M
Non-distributable reserves130/1€8k€8k=
Legal reserve130€8k€8k=
Distributable reserves133€1.12M€1.17M
Profit (loss) carried forward14€0€0=
Amounts payable17/49€2.38M€2.06M
Amounts payable after more than one year17€1.25M€890k
Financial debts170/4€1.25M€890k
Amounts payable within one year42/48€1.13M€1.17M
Current portion of amounts payable after more than one year42€401k€423k
Financial debts43€117k€130k
Credit institutions430/8€117k€130k
Trade debts44€472k€455k
Suppliers440/4€472k€455k
Taxes, remuneration and social security45€141k€145k
Taxes450/3€27k€33k
Remuneration and social security454/9€113k€113k
Other amounts payable47/48€203€11k
Income statement Code20232024
Non-recurring operating income76A-€74k
Remuneration, social security and pensions62€1.47M€1.57M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€442k€492k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€2k€1k
Gross operating margin9900€2.17M€2.17M
Operating profit (loss)9901€257k€104k
Financial income75/76B€2k€4k
Recurring financial income75€2k€4k
Financial charges65/66B€25k€53k
Recurring financial charges65€25k€53k
Profit (loss) for the period before taxes9903€234k€55k
Income taxes67/77-€6k
Profit (loss) for the period9904€234k€49k
Profit (loss) for the period to be appropriated9905€234k€49k
Appropriation of the result
Profit (loss) to be appropriated9906€234k€49k
Transfer from equity791/2€250k€0
Transfer to equity691/2€234k€49k
To other reserves6921€234k€49k
Profit to be distributed694/7€250k€0
Return on contributions (dividend)694€250k€0
Social balance
Average headcount (FTE)908728.328.7

The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
17-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
17-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Highest result since 2018net €234k ▲39.7%
Operating result €257k, net result €234k, both a record.
13-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
05-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Equity above €1MEq €1.04M ▲10.9%
4 profitable years in a row build equity to €1.04M.
23-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Weakest financial yearnet €25k ▼85%
Net result drops to €25k, the lowest in the series; recovery starts the following year.
27-05
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
09-05
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
06-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
15-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
05-07
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
11 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, Poperinge · 2 establishment units since 1979
establishment approximate All 2 establishment units on the map
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.

Ouderdomseweg 308970 Poperinge
Ground area
1.1 ha
Building footprint
4,161 m²
Volume, LiDAR
18,315 m³
3 parcels, Flanders · tallest building 13.9 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Ouderdomseweg 32, 8970 Poperinge
Manufacture of machinery and equipment not elsewhere classified
since 19792.039.997.694
Frankrijklaan 37, 8970 Poperinge
Manufacture of fabricated metal products, except machinery and equipment
since 20142.238.129.005
3 parcels
Flanders 3 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
33021E0248/00W000 Flanders 5,429 m² 1 · 3,296 m² 13.9 m · 2 fl.
33021E0248/00T000 Flanders 2,991 m² 1 · 27 m² 4.3 m · 1 fl.
33021E0237/00D002indicative Flanders 2,475 m² 1 · 839 m² 3.9 m
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
2 of 3 parcels 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 · 8 entries · 13,573 EUR awarded · 12,906 EUR paid
Year Entries awardedpaid
2025 2 5,000 EUR5,668 EUR
2024 2 3,658 EUR2,323 EUR
2023 2 1,500 EUR2,835 EUR
2022 2 3,415 EUR2,080 EUR
Schemes
Premie kwalificerend werkplekleren
1 entry · 5,000 EUR · 5,000 EUR paid · Departement Werk, Economie, Wetenschap, Innovatie en Sociale Economie
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
4 entries · 3,900 EUR · 3,233 EUR paid · Fonds voor Innoveren en Ondernemen
Stagebonus (stopgezet)
2 entries · 2,500 EUR · 2,500 EUR paid · Departement Werk en Sociale Economie
Vlaams opleidingsverlof (VOV)
1 entry · 2,173 EUR · 2,173 EUR paid · Departement Werk en Sociale Economie

Recognitions · licences · registrations

Dual-learning approval

5 live approvals · 4 ended
Constructielasser (vwo)
Goedgekeurd · 2026 to 2031
Hoeknaadlasser duaal (so)
Goedgekeurd · 2026 to 2031
Lassen-constructie duaal (so)
Goedgekeurd · 2026 to 2031
Lasser-monteerder (vwo)
Goedgekeurd · 2022 to 2027
Lasser-monteerder duaal (so)
Goedgekeurd · 2022 to 2027

Similar companies · same sector, comparable size

Of 3,448 companies in sector 25530 we hold annual accounts for 1,645. 1,066 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded29-12-1978
Fiscal year end31-12
Activities, NACEBEL
25530Machining of metals
28520
52740
33110Repair and maintenance of fabricated metal products
95290Repair and maintenance of other personal and household goods
Sources
Crossroads Bank for EnterprisesNational Bank · 46 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.