PLAXIM
ActiveSummary
PLAXIM has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€862,584) and a net result of -€64,762. Equity is shrinking by ~12.7% per year across the filed fiscal years. Its solvency ranks better than 5% of 9341 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.2 against 0.17 in 2024; short-term debt: 352.7% and cash: 42.1% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
-252.7%
Return on assets
-19%
Age of the figures
9 mo
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
1819202122232425
2018 to 2025 · latest year -€862,584
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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
28 d late
2024
54 d late
2023
54 d late
2022
65 d late
2021
24 d late
2020
11 d early
2019
67 d late
← 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 40 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
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. Usually files around 23 September (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€64,762▲ 49.3%
2024 · -€127,758
Working capital
-€965,686▲ 0.3%
2024 · -€968,804
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€83,232▲ 30.3%-€77,866▲ 6.4%-€183,394▼ 136%-€310,330▼ 69.2%-€133,171▲ 57.1%
Net result-€83,538below the sector's middle half▲ 30.2%€200,594above the sector's middle half-€89,817below the sector's middle half-€127,758below the sector's middle half▼ 42.2%-€64,762below the sector's middle half▲ 49.3%
Equity-€780,842below the sector's middle half▼ 12.0%-€580,247below the sector's middle half▲ 25.7%-€670,064below the sector's middle half▼ 15.5%-€797,822below the sector's middle half▼ 19.1%-€862,584below the sector's middle half▼ 8.1%
Total assets€605,977below the sector's middle half▼ 16.5%€569,430below the sector's middle half▼ 6.0%€488,077below the sector's middle half▼ 14.3%€375,788below the sector's middle half▼ 23.0%€341,400below the sector's middle half▼ 9.2%
Debt€1.4m▼ 2.5%€1.1m▼ 17.1%€1.2m▲ 0.7%€1.2m▲ 1.3%€1.2m▲ 2.6%
Working capital-€1.2mbelow the sector's middle half▼ 0.1%-€910,734below the sector's middle half▲ 23.3%-€922,367below the sector's middle half▼ 1.3%-€968,804below the sector's middle half▼ 5.0%-€965,686below the sector's middle half▲ 0.3%
Solvency-128.9%below the sector's middle half▼ 32.7pp-101.9%below the sector's middle half▲ 27.0pp-137.3%below the sector's middle half▼ 35.4pp-212.3%below the sector's middle half▼ 75.0pp-252.7%below the sector's middle half▼ 40.4pp
Current ratio0.14below the sector's middle half▼ 0.020.21below the sector's middle half▲ 0.060.20below the sector's middle half=0.17below the sector's middle half▼ 0.030.20below the sector's middle half▲ 0.02
Return on assets (ROA)-13.8%below the sector's middle half▲ 2.7pp35.2%above the sector's middle half▲ 49.0pp-18.4%below the sector's middle half▼ 53.6pp-34.0%below the sector's middle half▼ 15.6pp-19.0%below the sector's middle half▲ 15.0pp
Staff (FTE)0below the sector's middle half0below the sector's middle half0below the sector's middle half0within the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €133,171 in 2025 against €310,330 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €341,400
Fixed assets
€103,102 ▼ 39.7%
Current assets
€238,298 ▲ 16.4%
Key figures and ratios
EBITDA
-€52,806▲
2024 · -€229,009
Cash flow
€15,603▲
2024 · -€46,437
Debt to equity
-1.40▲
2024 · -1.47
Interest coverage
-198.03▼
2024 · 1.40
Debt ≤ 1 year
€1.2m▲
2024 · €1.2m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,906 companies that looked in July 2024 the way this one looks now, 5.8% went bankrupt within 24 months and 85% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a loss of 10% of the balance sheet or more
5.8%
went bankrupt
8.1%
stopped otherwise
85%
still going
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.9% |
| 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% 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 6,906 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €81,227 | €80,841 | €81,171 | €81,321 | €80,365 | ▼ 1.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | -€24,200 | €47,000 | €0 | - | - |
| Other operating charges640/8 | €934 | €6,348 | €384 | €387 | €400 | ▲ 3.2% |
| Non-recurring operating charges66A | - | - | - | €163,500 | €0 | ▼ 100% |
| Gross operating margin9900 | -€1,071 | -€14,878 | -€54,839 | -€65,122 | -€52,407 | ▲ 19.5% |
| Operating profit (loss)9901 | -€83,232 | -€77,866 | -€183,394 | -€310,330 | -€133,171 | ▲ 57.1% |
| Financial income75/76B | €0 | €278,801 | €94,536 | €71,132 | €68,676 | ▼ 3.5% |
| Recurring financial income75 | €0 | €2 | €94,536 | €19,382 | €68,676 | ▲ 254% |
| Non-recurring financial income76B | - | €278,799 | €0 | €51,750 | €0 | ▼ 100% |
| Financial charges65/66B | €306 | €340 | €959 | -€111,440 | €267 | ▲ 100% |
| Recurring financial charges65 | €306 | €340 | €959 | -€163,190 | €267 | ▲ 100% |
| Non-recurring financial charges66B | - | - | - | €51,750 | €0 | ▼ 100% |
| Profit (loss) for the period before taxes9903 | -€83,538 | €200,594 | -€89,817 | -€127,758 | -€64,762 | ▲ 49.3% |
| Profit (loss) for the period9904 | -€83,538 | €200,594 | -€89,817 | -€127,758 | -€64,762 | ▲ 49.3% |
| Profit (loss) for the period to be appropriated9905 | -€83,538 | €200,594 | -€89,817 | -€127,758 | -€64,762 | ▲ 49.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €605,977 | €569,430 | €488,077 | €375,788 | €341,400 | ▼ 9.2% |
| Fixed assets21/28 | €406,323 | €330,487 | €252,303 | €170,982 | €103,102 | ▼ 39.7% |
| Tangible fixed assets22/27 | €406,323 | €330,487 | €252,303 | €170,982 | €103,102 | ▼ 39.7% |
| Furniture and vehicles24 | €406,323 | €330,487 | €252,303 | €170,982 | €103,102 | ▼ 39.7% |
| Current assets29/58 | €199,655 | €238,943 | €235,774 | €204,806 | €238,298 | ▲ 16.4% |
| Amounts receivable within one year40/41 | €3,557 | €77,396 | €41,007 | €70,537 | €92,703 | ▲ 31.4% |
| Trade receivables40 | €1,500 | €46,096 | €36,423 | €55,579 | €83,993 | ▲ 51.1% |
| Other amounts receivable41 | €2,057 | €31,300 | €4,584 | €14,958 | €8,710 | ▼ 41.8% |
| Current investments50/53 | €122,554 | €6,627 | €2,000 | €2,000 | €2,000 | = |
| Cash at bank and in hand54/58 | €73,543 | €154,920 | €192,767 | €132,269 | €143,596 | ▲ 8.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €605,977 | €569,430 | €488,077 | €375,788 | €341,400 | ▼ 9.2% |
| Equity10/15 | -€780,842 | -€580,247 | -€670,064 | -€797,822 | -€862,584 | ▼ 8.1% |
| Contributions10/11 | €18,750 | €18,750 | €18,750 | €18,750 | €18,750 | = |
| Reserves13 | €1,875 | €1,875 | €1,875 | €1,875 | €1,875 | = |
| Non-distributable reserves130/1 | €1,875 | €1,875 | €1,875 | €1,875 | €1,875 | = |
| Reserves not available under the articles1311 | €1,875 | €1,875 | €1,875 | €1,875 | €1,875 | = |
| Profit (loss) carried forward14 | -€801,467 | -€600,872 | -€690,689 | -€818,447 | -€883,209 | ▼ 7.9% |
| Amounts payable17/49 | €1.4m | €1.1m | €1.2m | €1.2m | €1.2m | ▲ 2.6% |
| Amounts payable within one year42/48 | €1.4m | €1.1m | €1.2m | €1.2m | €1.2m | ▲ 2.6% |
| Trade debts44 | €6,279 | €15,942 | €30,286 | €55,726 | €89,092 | ▲ 59.9% |
| Suppliers440/4 | €6,279 | €15,942 | €30,286 | €55,726 | €89,092 | ▲ 59.9% |
| Taxes, remuneration and social security45 | - | €5,352 | €0 | €5,674 | €0 | ▼ 100% |
| Taxes450/3 | - | €5,352 | €0 | €5,674 | €0 | ▼ 100% |
| Other amounts payable47/48 | €1.4m | €1.1m | €1.1m | €1.1m | €1.1m | ▲ 0.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€83,538 | €200,594 | -€89,817 | -€127,758 | -€64,762 | ▲ 49.3% |
| + Depreciation and write-downs630 | €81,227 | €80,841 | €81,171 | €81,321 | €80,365 | ▼ 1.2% |
| Operating cash flow (approximation) | -€2,311 | €281,436 | -€8,646 | -€46,437 | €15,603 | ▲ 134% |
| Investment in fixed assets (approximation) | - | -€5,006 | -€2,987 | €0 | -€12,485 | - |
| Change in cash | - | €81,376 | €37,847 | -€60,498 | €11,326 | ▲ 119% |
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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
23-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 54 days late
2024
23-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 54 days late
2023
04-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 65 days late
2022
31-12
Financial
Back to profitnet €200,594
Net result €200,594 after 4 loss-making years.
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 24 days late
2021
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
06-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 67 days late
2019
31-12
Financial
Weakest financial yearnet -€550,437
Net result drops to -€550,437, the lowest in the series; recovery starts the following year.
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
24-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 55 days late
2017
14-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Tournai · 1 establishment unit since 2015
Ground area
159 m²
Building footprint
48 m²
Volume, LiDAR
455 m³
Parcel 57462A0281/00P046, Wallonia · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
PLAXIM
since 20152.240.389.895
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57462A0281/00P046 | Wallonia | 159 m² | 1 · 48 m² | 10.8 m · 3 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.
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 7,326 companies in sector 68110 we hold annual accounts for 5,390. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded27-02-2015
Fiscal year end31-12
Activities, NACEBEL 2025
68110Buying and selling of own real estate
50100Water transport
64210Activities of holding companies
68201Renting and operating of own or leased residential real estate, excluding social housing
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.