PLB
ActiveSummary
PLB has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €115,656 and a net result of €9,455. Equity is growing by ~3.9% per year across the filed fiscal years. Its solvency ranks better than 63% of 2090 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability73▲+3
Solvency68▼-3
Growth52=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days acceptable
Liquidity tight (current ratio 1.11 against 1.05 in 2023; short-term debt: 30.1% and cash: 9% of total assets), and 56.5% of the assets are financed with debt.
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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 10
Relative position
BE, all sectors
reference
Manufacture of food products (NACE 10)
about 60% 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
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 2024Solvency, return and age of the figures
Solvency
43.5%
Return on assets
3.6%
Age of the figures
21 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 18-06-2025, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
43 d early
2023
48 d early
2022
48 d early
2021
45 d early
2020
39 d early
2019
46 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 45 days before the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
In the rankings
#10 company by total assets in Braine-le-Comte, Manufacturing sector#10 oldest company in Braine-le-Comte, Manufacturing sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€9,455▲ 522%
2023 · €1,521
Working capital
€8,700▲ 225%
2023 · €2,675
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€40,903▲ 13.8%-€9,663€6,656€6,237▼ 6.3%€16,762▲ 169%
Net result€22,113▲ 0.1%-€11,649€1,059€1,521▲ 43.6%€9,455▲ 522%
Equity€115,270▲ 20.8%€103,621▼ 10.1%€104,680▲ 1.0%€106,201▲ 1.5%€115,656▲ 8.9%
Total assets€302,486▲ 5.9%€270,060▼ 10.7%€249,079▼ 7.8%€230,841▼ 7.3%€265,942▲ 15.2%
Debt€187,216▼ 1.0%€166,439▼ 11.1%€144,399▼ 13.2%€124,640▼ 13.7%€150,286▲ 20.6%
Working capital€33,131▲ 27.2%€12,718▼ 61.6%€5,633▼ 55.7%€2,675▼ 52.5%€8,700▲ 225%
Staff (FTE)11=1=1=
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 169% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €265,942
Fixed assets
€177,192 ▲ 4.5%
Current assets
€88,750 ▲ 44.8%
Equity and liabilities €265,942
Equity
€115,656 ▲ 8.9%
Debt
€150,286 ▲ 20.6%
Debt's share of the balance-sheet total rises from 54.0% to 56.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€36,218▲
2023 · €27,234
Cash flow
€28,911▲
2023 · €22,518
Current ratio
1.11▲
2023 · 1.05
Quick ratio
0.90▲
2023 · 0.83
Debt to equity
1.30▲
2023 · 1.17
ROE
8.2%▲
2023 · 1.4%
ROA
3.6%▲
2023 · 0.7%
Interest coverage
8.74▲
2023 · 6.14
Debt ≤ 1 year
€80,050▲
2023 · €58,604
Debt > 1 year
€70,236▲
2023 · €66,036
Income taxes
€3,163▲
2023 · €284
Staff costs
€43,064▲
2023 · €40,764
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 10,891 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0.6%
went bankrupt
4.0%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.0% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 10,891 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €1,157 | - |
| Remuneration, social security and pensions62 | - | €28,536 | €35,956 | €40,764 | €43,064 | ▲ 5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €20,478 | €20,997 | €20,997 | €20,997 | €19,456 | ▼ 7.3% |
| Other operating charges640/8 | - | €733 | €2,524 | €4,314 | €2,878 | ▼ 33.3% |
| Non-recurring operating charges66A | - | €2,147 | €993 | €974 | €1,108 | ▲ 13.8% |
| Gross operating margin9900 | €64,577 | €42,750 | €67,126 | €73,286 | €83,268 | ▲ 13.6% |
| Operating profit (loss)9901 | €40,903 | -€9,663 | €6,656 | €6,237 | €16,762 | ▲ 169% |
| Recurring financial income75 | €2,232 | - | - | - | - | - |
| Financial charges65/66B | - | €5,730 | €5,379 | €4,432 | €4,144 | ▼ 6.5% |
| Recurring financial charges65 | €6,221 | €5,730 | €5,379 | €4,432 | €4,144 | ▼ 6.5% |
| Profit (loss) for the period before taxes9903 | €36,914 | -€15,393 | €1,277 | €1,805 | €12,618 | ▲ 599% |
| Income taxes67/77 | €15,950 | -€3,744 | €218 | €284 | €3,163 | ▲ 1,014% |
| Profit (loss) for the period9904 | €22,113 | -€11,649 | €1,059 | €1,521 | €9,455 | ▲ 522% |
| Profit (loss) for the period to be appropriated9905 | €22,113 | -€11,649 | €1,059 | €1,521 | €9,455 | ▲ 522% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €302,486 | €270,060 | €249,079 | €230,841 | €265,942 | ▲ 15.2% |
| Fixed assets21/28 | €229,377 | €208,556 | €187,559 | €169,562 | €177,192 | ▲ 4.5% |
| Tangible fixed assets22/27 | €229,377 | €208,381 | €187,384 | €166,387 | €174,517 | ▲ 4.9% |
| Land and buildings22 | - | €182,393 | €169,215 | €156,038 | €142,859 | ▼ 8.4% |
| Plant, machinery and equipment23 | - | €19,293 | €14,244 | €9,195 | €4,147 | ▼ 54.9% |
| Furniture and vehicles24 | - | €6,695 | €3,925 | €1,154 | €27,511 | ▲ 2,284% |
| Financial fixed assets28 | - | €175 | €175 | €3,175 | €2,675 | ▼ 15.7% |
| Current assets29/58 | €73,109 | €61,504 | €61,520 | €61,279 | €88,750 | ▲ 44.8% |
| Stocks and contracts in progress3 | €14,085 | €14,667 | €15,555 | €12,686 | €16,802 | ▲ 32.4% |
| Stocks30/36 | - | €14,667 | €15,555 | €12,686 | €16,802 | ▲ 32.4% |
| Amounts receivable within one year40/41 | €35,914 | €36,132 | €33,043 | €42,025 | €47,941 | ▲ 14.1% |
| Trade receivables40 | - | €27,092 | €24,221 | €33,486 | €38,515 | ▲ 15.0% |
| Other amounts receivable41 | - | €9,040 | €8,822 | €8,539 | €9,426 | ▲ 10.4% |
| Cash at bank and in hand54/58 | €23,110 | €10,705 | €10,010 | €6,568 | €24,007 | ▲ 266% |
| Deferred charges and accrued income490/1 | - | - | €2,912 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €302,486 | €270,060 | €249,079 | €230,841 | €265,942 | ▲ 15.2% |
| Equity10/15 | €115,270 | €103,621 | €104,680 | €106,201 | €115,656 | ▲ 8.9% |
| Contributions10/11 | - | €30,000 | €30,000 | €30,000 | €30,000 | = |
| Reserves13 | €68,500 | €68,500 | €69,559 | €71,080 | €80,535 | ▲ 13.3% |
| Distributable reserves133 | - | €68,500 | €69,559 | €71,080 | €80,535 | ▲ 13.3% |
| Profit (loss) carried forward14 | €16,770 | €5,121 | €5,121 | €5,121 | €5,121 | = |
| Amounts payable17/49 | €187,216 | €166,439 | €144,399 | €124,640 | €150,286 | ▲ 20.6% |
| Amounts payable after more than one year17 | €147,238 | €117,653 | €88,512 | €66,036 | €70,236 | ▲ 6.4% |
| Financial debts170/4 | - | €117,653 | €88,512 | €66,036 | €70,236 | ▲ 6.4% |
| Amounts payable within one year42/48 | €39,978 | €48,786 | €55,887 | €58,604 | €80,050 | ▲ 36.6% |
| Current portion of amounts payable after more than one year42 | - | €29,585 | €27,914 | €21,249 | €21,386 | ▲ 0.6% |
| Trade debts44 | €7,137 | €12,740 | €14,794 | €11,220 | €11,983 | ▲ 6.8% |
| Suppliers440/4 | - | €12,740 | €14,794 | €11,220 | €11,983 | ▲ 6.8% |
| Taxes, remuneration and social security45 | - | €6,155 | €3,873 | €10,509 | €9,403 | ▼ 10.5% |
| Taxes450/3 | - | €2,018 | €698 | €1,871 | €1,100 | ▼ 41.2% |
| Remuneration and social security454/9 | - | €4,137 | €3,175 | €8,638 | €8,303 | ▼ 3.9% |
| Other amounts payable47/48 | - | €306 | €9,306 | €15,626 | €37,278 | ▲ 139% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €22,113 | -€11,649 | €1,059 | €1,521 | €9,455 | ▲ 522% |
| + Depreciation and write-downs630 | €20,478 | €20,997 | €20,997 | €20,997 | €19,456 | ▼ 7.3% |
| Operating cash flow (approximation) | €42,591 | €9,348 | €22,056 | €22,518 | €28,911 | ▲ 28.4% |
| Investment in fixed assets (approximation) | - | -€176 | €0 | -€3,000 | -€27,086 | ▼ 803% |
| Change in cash | - | -€12,405 | -€695 | -€3,442 | €17,439 | ▲ 607% |
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
2025
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
13-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
13-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €1,059
Net result €1,059 after one loss-making year.
16-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet -€11,649
Net result drops to -€11,649, the lowest in the series; recovery starts the following year.
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €22,113 ▲0.1%
Operating result €40,903, net result €22,113, both a record.
31-12
Financial
Equity above €100,000Eq €115,270 ▲20.8%
3 profitable years in a row build equity to €115,270.
15-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
22-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
10-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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, Braine-le-Comte · 1 establishment unit since 2013
Ground area
1,005 m²
Building footprint
234 m²
Parcel 55036B0060/00G002, Wallonia. Linked by address, not a title deed.
1 establishment unit
Allée de la Marbrite 12, 7090 Braine-le-Comte
since 20132.219.019.906
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55036B0060/00G002 | Wallonia | 1,005 m² | 1 · 234 m² | - |
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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBraine-le-Comte2.219.019.906
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Of 608 companies in sector 10520 we hold annual accounts for 235. 198 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded24-04-2013
Fiscal year end31-12
Activities, NACEBEL 2025
10520Manufacture of food products
47110Non-specialised retail sale with food, beverages or tobacco predominating
E-invoicing
Reachable via Peppol
Peppol ID
0208:0527937346
Also
9925:BE0527937346
Registered
18-11-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.