PLC CONCEPT
ActiveSummary
The computed 12-month bankruptcy probability of PLC CONCEPT is 1.9% (moderate). The 2025 annual accounts show equity of €21,658 and a net result of €2,430. Its solvency ranks better than 38% of 8,584 sector peers (NACE 73, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 04-07-2023 Normal situation
- Activity
- Advertising agencies NACE 73110and 4 others
- Establishment unit
- 2.346.966.567 1400 Nivelles, since 04-07-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 02-07-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.9%
- Gross margin
- €8,384
- ▼ 72.6%
- Turnover
- ≈ €47,000
- estimated
- Profit
- €2,430
- ▼ 87.8%
- Equity
- €21,658
- ▲ 8.0%
- Total assets
- €55,418
- ▲ 40.8%
Score breakdownraises riskFounded in 2023Liquidity: current ratio 1.63, cash €0, halved1 change of registered office in 24 monthslowers riskSector: Advertising, market research and public relations activities (NACE 73)Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 73, micro). It does better than 40% of them on solvency, 10% on liquidity, 31% on profitability and 58% on growth.
The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 2 accounts on average 15 days before the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 02-07-2026 at the NBB all 2 filings
Every figure per financial year
The operating result for 2025 is 76% lower than in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2024 | 2025 |
|---|---|---|
| Tangible fixed assets | €1,399 | - |
| Depreciation and write-downs of the year | €149 | €699 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €149 | €699 | ▲ 368% |
| Other operating charges640/8 | €1,582 | €857 | ▼ 45.8% |
| Gross operating margin9900 | €30,557 | €8,384 | ▼ 72.6% |
| Operating profit (loss)9901 | €28,825 | €6,827 | ▼ 76.3% |
| Financial income75/76B | €78 | €295 | ▲ 279% |
| Recurring financial income75 | €78 | €295 | ▲ 279% |
| Financial charges65/66B | €2,262 | €1,978 | ▼ 12.5% |
| Recurring financial charges65 | €2,262 | €1,978 | ▼ 12.5% |
| Profit (loss) for the period before taxes9903 | €26,641 | €5,144 | ▼ 80.7% |
| Income taxes67/77 | €6,747 | €2,714 | ▼ 59.8% |
| Profit (loss) for the period9904 | €19,894 | €2,430 | ▼ 87.8% |
| Profit (loss) for the period to be appropriated9905 | €19,894 | €2,430 | ▼ 87.8% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €39,346 | €55,418 | ▲ 40.8% |
| Fixed assets21/28 | €1,249 | €550 | ▼ 56.0% |
| Tangible fixed assets22/27 | €1,249 | €550 | ▼ 56.0% |
| Furniture and vehicles24 | €1,249 | €550 | ▼ 56.0% |
| Current assets29/58 | €38,097 | €54,868 | ▲ 44.0% |
| Amounts receivable within one year40/41 | €17,265 | €50,296 | ▲ 191% |
| Trade receivables40 | €16,516 | €13,045 | ▼ 21.0% |
| Other amounts receivable41 | €749 | €37,251 | ▲ 50× |
| Current investments50/53 | €1 | €0 | ▼ 86.3% |
| Cash at bank and in hand54/58 | €17,450 | €0 | ▼ 100.0% |
| Deferred charges and accrued income490/1 | €3,382 | €4,572 | ▲ 35.2% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €39,346 | €55,418 | ▲ 40.8% |
| Equity10/15 | €20,061 | €21,658 | ▲ 8.0% |
| Contributions10/11 | €1,000 | €1,000 | = |
| Reserves13 | €19,061 | €20,658 | ▲ 8.4% |
| Distributable reserves133 | €19,061 | €20,658 | ▲ 8.4% |
| Profit (loss) carried forward14 | €0 | €0 | - |
| Amounts payable17/49 | €19,285 | €33,760 | ▲ 75.1% |
| Amounts payable within one year42/48 | €19,285 | €33,760 | ▲ 75.1% |
| Financial debts43 | - | €846 | - |
| Credit institutions430/8 | - | €846 | - |
| Trade debts44 | €6,534 | €19,691 | ▲ 201% |
| Suppliers440/4 | €6,534 | €19,691 | ▲ 201% |
| Taxes, remuneration and social security45 | €9,131 | €12,389 | ▲ 35.7% |
| Taxes450/3 | €9,131 | €12,389 | ▲ 35.7% |
| Other amounts payable47/48 | €3,621 | €833 | ▼ 77.0% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €19,894 | €2,430 | ▼ 87.8% |
| + Depreciation and write-downs630 | €149 | €699 | ▲ 368% |
| Operating cash flow (approximation) | €20,044 | €3,129 | ▼ 84.4% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | -€17,449 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 2,546 companies had the same profile as PLC CONCEPT has now. Two years later, 94.3% were still going and 2.3% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of PLC CONCEPT itself: 1.9% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,546 companies, not a prediction for PLC CONCEPT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Board & ownership
Directors
Owners and capital
Shareholders
- CASELLAS Damien Didier Patrick 100 shares (100%) · €1,000 in cash
Capital transactions
- 06-07-2023 Incorporation · €1,000 · 100 shares
Articles of association
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- “100, droit égal dans la répartition des bénéfices et des produits de la liquidation”
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Articles of association, deed of 06-07-2023 (in French)
Network & group
PLC CONCEPT shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of PLC CONCEPT. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
17-06
Gazette deed
Registered office moved from Nivelles to ThinesNew seat: rue du Culot 23, 1402 Thines · Previous seat: Faubourg de Soignies 108, 1400 Nivelles2 points ▸
- General meeting, 12-05-2025
- Registered-office move, rue du Culot 23, 1402 Thines
06-07
Gazette deed
IncorporationStarting capital €1,000 · Appointment: CASELLAS Damien Didier Patrick (director) · Founder10 points ▸
- Incorporation, 03-07-2023
- Founder, CASELLAS Damien Didier Patrick (comparant fondateur)
- Founding capital, €1,000
- Bank account, “société en formation, BE68 0689 4914 5734” (deed in French)
- Other provision, “arrêt des statuts, statuts d'une société à responsabilité limitée dénommée PLC CONCEPT” (deed in French)
- Other provision, “effectivité décisions constitutives, dépôt au greffe d'une expédition de l'acte constitutif” (deed in French)
- Registered office clause, “1400 Nivelles,Faubourg de Soignies,108” (deed in French)
- Board rule, 1
- Director appointment, CASELLAS Damien Didier Patrick (director (not named in the articles))
- Pre-incorporation commitments, “takeover, engagements,obligations et activités au nom et pour compte de la société en formation” (deed in French)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
1 former office
- Faubourg de Soignies 108, 1400 Nivelles until 12-05-2025 · act of 17-06-2025
Activities
NACEBEL 2025Codes under NACEBEL 2008
8 activities
- Au graphisme,au lettrage,à l'imagerie,à la photographie,au webdesign et à l'imprimerie
- Tous travaux de création graphique,tous travaux de création de décors,de stands,d'évènements,d'identité visuelle
- Tous travaux de décoration publicitaire
- Lettrage publicitaire
- Travaux d'impression numérique
- Réalisation de panneaux,d'enseignes,de vitrophanies
- Tous travaux de placement de décors publicitaires
- Tous travaux,achat,vente et location de matériel promotionnel(display,stands portables,structures pour bâche,comptoirs,etc.),décoratif(accessoires,mobilier,luminaires,etc.),et événementiel(mobilier,stands,etc.)
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 25783E0069/00X003 | Wallonia | 557 m² | 1 · 100 m² | 12.8 m · 4 |
| 25099A0130/00F000indicative | Wallonia | 538 m² | 1 · 14 m² | 2.4 m · 1 |