PLAY IMMO BIL
ActiveSummary
PLAY IMMO BIL has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €13,386 and a net result of €28,478. Equity is growing by ~10.3% per year across the filed fiscal years. Its solvency ranks better than 17% of 28806 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Overview
What they do
Joinery installation
NACE 43320Other specialised construction activities NACE 43990
1 site
How big
€98,310total assets 2025
- Equity
- €13,386
- Profit
- €28,478
Turnover not published (abridged schema)
Who decides
Accounts 1 d early1 of 4 deeds read
Why 61- Higher-failure-rate sector- Higher-failure-rate region- Weak solvency vs sector+ Long track record+ Annual accounts: healthy financial profileLatest accounts filed on timeShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency39▲+39
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.1; short-term debt: 86.4% and cash: 6.6% of total assets), and 86.4% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six 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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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 2025Solvency, return and age of the figures
Solvency
13.6%
Return on assets
29%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 28806 sector peers (2025).
NBB · sector comparisonPosition among 28806 sector peers
Solvency
better than 17%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
97 d early
2023
28 d early
2022
60 d late
2021
61 d late
2020
27 d late
2019
91 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 16 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% 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 30 July (4 of the last 5 filed years within 62 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
- Board meeting · Registered-office movePower of attorney
- Annual accounts filedfiscal year 2025 · micro…
- Highest result since 2018net €28,478 ▲64.1%
Financials
Fiscal year 2025Total assets €98,310Profit €28,478Solvency 13.6%Liquidity 1.10
Total assets
€98,310▲ 2,950%
2018 - 2025
Net result
€28,478▲ 64.1%
2018 - 2025
Equity
€13,386
2018 - 2025
Solvency
13.6%▲ 481.8pp
2018 - 2025
Financials · fiscal year 2025, micro schema
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€18,901-€13,907-€5,926▲ 57.4%€17,482€29,103▲ 66.5%
Net result€18,783within the sector's middle half-€14,051below the sector's middle half-€6,061below the sector's middle half▲ 56.9%€17,354within the sector's middle half€28,478within the sector's middle half▲ 64.1%
Equity-€12,335below the sector's middle half▲ 60.4%-€26,386below the sector's middle half▼ 114%-€32,447below the sector's middle half▼ 23.0%-€15,092below the sector's middle half▲ 53.5%€13,386below the sector's middle half
Total assets€13,956below the sector's middle half▲ 300%€19,194below the sector's middle half▲ 37.5%€11,395below the sector's middle half▼ 40.6%€3,224below the sector's middle half▼ 71.7%€98,310within the sector's middle half▲ 2,950%
Debt€26,290▼ 24.0%€45,580▲ 73.4%€43,841▼ 3.8%€18,316▼ 58.2%€84,924▲ 364%
Working capital-€12,335below the sector's middle half▲ 60.4%-€34,770below the sector's middle half▼ 182%-€33,228below the sector's middle half▲ 4.4%-€15,373below the sector's middle half▲ 53.7%€8,177within the sector's middle half
Solvency-88.4%below the sector's middle half-137.5%below the sector's middle half▼ 49.1pp-284.8%below the sector's middle half▼ 147.3pp13.6%below the sector's middle half
Current ratio0.53below the sector's middle half0.24below the sector's middle half▼ 0.290.24below the sector's middle half=1.10below the sector's middle half
Return on assets (ROA)134.6%above the sector's middle half-73.2%below the sector's middle half▼ 207.8pp-53.2%below the sector's middle half▲ 20.0pp29.0%above the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 66% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €98,310
Fixed assets
€5,209 ▲ 1,755%
Current assets
€93,101 ▲ 3,064%
Equity and liabilities €98,310
Equity
€13,386
Debt
€84,924
Debt finances 86.4% of the balance-sheet total.
Key figures and ratios
Key figures and ratios
EBITDA
€29,784▲
2024 · €17,982
Cash flow
€29,159▲
2024 · €17,854
Debt to equity
6.34
ROE
212.8%
Interest coverage
47.26▼
2024 · 140.66
Debt ≤ 1 year
€84,924▲
2024 · €18,316
Staff costs
€2,940
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,053 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
2.4%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.9% 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 497,341 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% | 1.8% |
| 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% 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 5,053 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.
Filed annual accounts
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €1,070 | - | - | €2,094 | - | - |
| Remuneration, social security and pensions62 | - | - | - | - | €2,940 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €1,616 | €500 | €500 | €681 | ▲ 36.2% |
| Other operating charges640/8 | €464 | €864 | €4,446 | €616 | €1,420 | ▲ 131% |
| Non-recurring operating charges66A | - | - | - | - | €250 | - |
| Gross operating margin9900 | €19,366 | -€11,426 | -€980 | €18,598 | €34,394 | ▲ 84.9% |
| Operating profit (loss)9901 | €18,901 | -€13,907 | -€5,926 | €17,482 | €29,103 | ▲ 66.5% |
| Financial income75/76B | - | €0 | €0 | - | €5 | - |
| Recurring financial income75 | - | €0 | €0 | - | €5 | - |
| Financial charges65/66B | €119 | €145 | €134 | €128 | €630 | ▲ 393% |
| Recurring financial charges65 | €119 | €145 | €134 | €128 | €630 | ▲ 393% |
| Profit (loss) for the period before taxes9903 | €18,783 | -€14,051 | -€6,061 | €17,354 | €28,478 | ▲ 64.1% |
| Profit (loss) for the period9904 | €18,783 | -€14,051 | -€6,061 | €17,354 | €28,478 | ▲ 64.1% |
| Profit (loss) for the period to be appropriated9905 | €18,783 | -€14,051 | -€6,061 | €17,354 | €28,478 | ▲ 64.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €13,956 | €19,194 | €11,395 | €3,224 | €98,310 | ▲ 2,950% |
| Formation expenses20 | - | - | €0 | €0 | €0 | - |
| Fixed assets21/28 | - | €8,384 | €781 | €281 | €5,209 | ▲ 1,755% |
| Tangible fixed assets22/27 | - | €8,384 | €781 | €281 | €5,209 | ▲ 1,755% |
| Land and buildings22 | - | - | €0 | €0 | €0 | - |
| Plant, machinery and equipment23 | - | - | - | - | €1,230 | - |
| Furniture and vehicles24 | - | €8,384 | €781 | €281 | €3,979 | ▲ 1,317% |
| Current assets29/58 | €13,956 | €10,810 | €10,614 | €2,943 | €93,101 | ▲ 3,064% |
| Amounts receivable within one year40/41 | €12,200 | €9,271 | €9,489 | €1,165 | €84,902 | ▲ 7,186% |
| Trade receivables40 | €12,200 | €6,111 | €5,129 | - | €76,118 | - |
| Other amounts receivable41 | - | €3,160 | €4,360 | €1,165 | €8,784 | ▲ 654% |
| Cash at bank and in hand54/58 | €1,669 | €273 | €9 | €619 | €6,517 | ▲ 954% |
| Deferred charges and accrued income490/1 | €87 | €1,267 | €1,116 | €1,159 | €1,682 | ▲ 45.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €13,956 | €19,194 | €11,395 | €3,224 | €98,310 | ▲ 2,950% |
| Equity10/15 | -€12,335 | -€26,386 | -€32,447 | -€15,092 | €13,386 | ▲ 189% |
| Contributions10/11 | €16,200 | €16,200 | €16,200 | €16,200 | €16,200 | = |
| Reserves13 | €376 | €376 | €376 | €376 | €376 | = |
| Non-distributable reserves130/1 | €376 | €376 | €376 | €376 | - | - |
| Reserves not available under the articles1311 | €376 | €376 | €376 | €376 | - | - |
| Distributable reserves133 | - | - | - | - | €376 | - |
| Profit (loss) carried forward14 | -€28,911 | -€42,962 | -€49,023 | -€31,668 | -€3,190 | ▲ 89.9% |
| Amounts payable17/49 | €26,290 | €45,580 | €43,841 | €18,316 | €84,924 | ▲ 364% |
| Amounts payable within one year42/48 | €26,290 | €45,580 | €43,841 | €18,316 | €84,924 | ▲ 364% |
| Trade debts44 | €658 | €800 | €2,882 | €747 | €58,178 | ▲ 7,685% |
| Suppliers440/4 | €658 | €800 | €2,882 | €747 | €58,178 | ▲ 7,685% |
| Advances received on contracts in progress46 | - | - | - | - | €25,350 | - |
| Taxes, remuneration and social security45 | €749 | - | - | - | €1,396 | - |
| Taxes450/3 | €749 | - | - | - | - | - |
| Remuneration and social security454/9 | - | - | - | - | €1,396 | - |
| Other amounts payable47/48 | €24,884 | €44,780 | €40,960 | €17,569 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €18,783 | -€14,051 | -€6,061 | €17,354 | €28,478 | ▲ 64.1% |
| + Depreciation and write-downs630 | - | €1,616 | €500 | €500 | €681 | ▲ 36.2% |
| Operating cash flow (approximation) | €18,783 | -€12,435 | -€5,561 | €17,854 | €29,159 | ▲ 63.3% |
| Investment in fixed assets (approximation) | - | - | €7,103 | €0 | -€5,609 | - |
| Change in cash | - | -€1,396 | -€264 | €610 | €5,898 | ▲ 867% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Comparable companies
Similar companies · same sector, comparable size
STEFAAN TANT
BE 0839.697.524
Langemark-Poelkapelle · Eq €13,397
BONNE FILIP
BE 0840.477.284
Hasselt · Eq €13,364
P.F. CONSTRUCT
BE 0733.546.860
Sint-Pieters-Leeuw · Eq €13,362
AFK BOIS
BE 0833.417.466
Wemmel · Eq €13,360
Things That Matter
BE 0644.658.139
Antwerpen · Eq €13,415
Of 20,017 companies in this sector we hold annual accounts for 9,142. 5,298 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Timeline
16 eventsLatest 16-09-2026Next filing 31-07-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
16-09
State Gazette act
Board meeting · Registered-office movePower of attorney3 facts ▸
State Gazette act
Board meeting · Registered-office move
Power of attorney3 facts ▸
- Board meeting, 01-09-2026
- Registered-office move, 1410 Waterloo. Drève Richelle 161J boite 36
- Power of attorney, MYB2B.BIZ
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €28,478 ▲64.1%
Operating result €29,103, net result €28,478, both a record.
31-12
Financial
Liquidity times 7current ratio 1.10
Current ratio from 0.16 to 1.10.
25-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €17,354
Net result €17,354 after 2 loss-making years.
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
31-12
Financial
Weakest financial yearnet -€14,051
Net result drops to -€14,051, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
31-12
Financial
Back to profitnet €18,783
Net result €18,783 after 3 loss-making years.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
Show earlier events
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
24-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 4 acts read
About the unread acts
Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
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Company details
Private limited company · founded 19-04-2010Year ends 31-12Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company
Founded19-04-2010
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
43990Other specialised construction activities
43120Site preparation
43230Insulation installation
43343Specialised construction activities
70200Business and other management consultancy
81300Landscape service activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0825096648
Registered
25-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Waterloo · 1 establishment unit since 2010
Ground area
6,387 m²
Building footprint
1,084 m²
Volume, LiDAR
12,272 m³
2 parcels, Wallonia · tallest building 14.7 m, ±4 floors. Linked by address, not a title deed.
34
companies at this address
See who is registered here
1 establishment unit
Avenue du Roi Albert 50, 1340 Ottignies-Louvain-la-Neuve
since 2010unit no. 2.203.653.720
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25763M0600/00M000 | Wallonia | 5,427 m² | 1 · 954 m² | 14.7 m · 4 fl. |
| 25083F0133/00G000 | Wallonia | 960 m² | 1 · 129 m² | 8.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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