PLB Group
ActiveThe computed 12-month bankruptcy probability of PLB Group is 3.1% (moderate). The 2024 annual accounts show negative equity (€-159k) and a net result of €-74k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 1850 sector peers (fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
16
/ 100
Critical
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
3.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.1 against 1.01 in 2023; short-term debt: 75.2% and cash: 4.4% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+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 49
Relative position
BE, all sectors
reference
Sector 49
higher
← 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 2024Solvency, return and age of the figures
Solvency
-127.8%
Return on assets
-59.4%
Age of the figures
21 mo
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-159k
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-02-2026, 194 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
194 d late
2023
68 d late
2022
56 d late
2021
25 d early
2020
110 d early
2019
149 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€-159k▼ 87.0%
2023 · €-85k
2018: €-16k
2019: €15k
2020: €28k
2021: €-80k
2022: €-48k
2023: €-85k
2018 → 2024
Total assets
€124k▼ 32.9%
2023 · €185k
2018: €255k
2019: €333k
2020: €434k
2021: €352k
2022: €275k
2023: €185k
2018 → 2024
Net result
€-74k▼ 102%
2023 · €-36k
2018: €-28k
2019: €30k
2020: €13k
2021: €-107k
2022: €25k
2023: €-36k
2018 → 2024
Working capital
€9k▲ 584%
2023 · €1k
2018: €-43k
2019: €157k
2020: €83k
2021: €-4k
2022: €19k
2023: €1k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€28k-€-80k€-48k▲ 39.1%€-85k▼ 75.3%€-159k▼ 87.0%
Operating result€17k-€-101k€23k€-27k€-68k▼ 154%
Net result€13k-€-107k€25k€-36k€-74k▼ 102%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €68k in 2024 against €27k in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €124k
Fixed assets
€22k▼ 45.4%
Current assets
€102k▼ 29.4%
Key figures and ratios
EBITDA
€-58k▼
2023 · €-19k
Cash flow
€-64k▼
2023 · €-28k
Solvency
-127.8%▼
2023 · -45.9%
Current ratio
1.10▲
2023 · 1.01
Quick ratio
1.10▲
2023 · 1.01
Debt / equity
-1.78▲
2023 · -3.18
ROA
-59.4%▼
2023 · -19.7%
Interest coverage
-6.30▼
2023 · -1.54
Debt
€283k▲
2023 · €270k
Debt ≤ 1 year
€93k▼
2023 · €144k
Debt > 1 year
€190k▲
2023 · €126k
Income taxes
€0▼
2023 · €2k
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€185k€124k▼
Fixed assets21/28€40k€22k▼
Tangible fixed assets22/27€38k€20k▼
Plant, machinery and equipment23€0-
Furniture and vehicles24€38k€20k▼
Financial fixed assets28€2k€2k=
Current assets29/58€145k€102k▼
Stocks and contracts in progress3€0-
Stocks30/36€0-
Amounts receivable within one year40/41€130k€96k▼
Trade receivables40€66k€64k▼
Other amounts receivable41€64k€32k▼
Cash at bank and in hand54/58€15k€5k▼
Deferred charges and accrued income490/1-€566
Equity and liabilities
Total equity and liabilities10/49€185k€124k▼
Equity10/15€-85k€-159k▼
Contributions10/11€19k€19k=
Reserves13€15k€15k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€15k€15k=
Profit (loss) carried forward14€-119k€-193k▼
Amounts payable17/49€270k€283k▲
Amounts payable after more than one year17€126k€190k▲
Financial debts170/4€126k€115k▼
Other amounts payable178/9-€75k
Amounts payable within one year42/48€144k€93k▼
Current portion of amounts payable after more than one year42€17k€13k▼
Financial debts43€25k€25k▲
Credit institutions430/8€25k€25k▲
Trade debts44€84k€38k▼
Suppliers440/4€84k€38k▼
Taxes, remuneration and social security45€5k€5k▼
Taxes450/3€5k€5k▼
Remuneration and social security454/9€0-
Other amounts payable47/48€13k€13k=
Income statement
Code20232024
Non-recurring operating income76A€10k€2k▼
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€10k▲
Other operating charges640/8€14k€3k▼
Non-recurring operating charges66A€24k€825▼
Gross operating margin9900€20k€-54k▼
Operating profit (loss)9901€-27k€-68k▼
Financial income75/76B€4k€3k▼
Recurring financial income75€4k€3k▼
Financial charges65/66B€12k€9k▼
Recurring financial charges65€12k€9k▼
Profit (loss) for the period before taxes9903€-35k€-74k▼
Income taxes67/77€2k€0▼
Profit (loss) for the period9904€-36k€-74k▼
Profit (loss) for the period to be appropriated9905€-36k€-74k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-119k€-193k▼
Profit (loss) brought forward from the previous period14P€-82k€-119k▼
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
10-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 194 days late
2024
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 68 days late
2023
25-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 56 days late
2022
31-12
Financial
Back to profitnet €25k
Net result €25k after one loss-making year.
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-107k ▼935%
Net result drops to €-107k, the lowest in the series; recovery starts the following year.
12-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
04-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €30k
Net result €30k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 1.96
Current ratio from 0.82 to 1.96; short-term debt falls from €241k to €164k.
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Pelt · 1 establishment unit since 2017
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.
Exschoor(SHL) 43910 PeltGround area
225 m²
Building footprint
362 m²
Volume, LiDAR
1,774 m³
Parcel 72033B0943/00F011, Flanders · tallest building 9.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
PLB Group
since 20172.264.813.408
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72033B0943/00F011 | Flanders | 225 m² | 1 · 362 m² | 9.8 m · 1 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.
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Of 12,606 companies in sector 49410 we hold annual accounts for 8,199. 5,396 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-05-2017
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
45194
46649Wholesale of other machinery and equipment
46713Wholesale trade
49420Removal services
52249Warehousing and support activities for transportation
52250Logistics services
52290Warehousing and support activities for transportation
53200Other postal and courier activities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.