Equity
€51,578 from €143,436 in 2022
Equity fell by 64% in 2 years.
PLETHON
Lifetime
19 annual accounts with figures on one time axis, 21 filings since 2004peak €151,268 (2018)
-€28,329▲ €39,954
lowest -€70,721 (2023)
-€21,136▲ €49,585
peak €143,436 (2022)
€51,578▼ 29.1%
€56,614▼ 33.9%
peak 0.1 FTE (2018)
-not published
Board2 names since 2003
2 directorsDanneels Carl and 1 other
Documentsfilings and deeds
28-08-202528 days late
2024micro format
Gross margin from -€68,284 to -€28,329Loss of €21,136Equity from €72,714 to €51,578Debts from €85,697 to €56,614
Key points
from the 2024 annual accountsLosses
-€91,858 in two years
The 2023 and 2024 financial years closed with a loss. 2023 was the heaviest.
Filings
21 annual accounts 101 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Turnover not published (abbreviated or micro format)
Checked score
55
Fair
Financially stronger than 37% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: 1.5% to 4.2%
A confirmed filing finding caps the score at 59.
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025highest value
10-2025: < 0.1%▼ -0.1 percentage points vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026lowest value
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: 0.1%▲ +0.1 percentage points vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Capped at 59: a confirmed filing finding
Figures for financial year 2024 (filed on 01-09-2025)
lowers risk
Liquidity: current ratio 3.29, cash €71,496
Sector: Activities of head offices; management consultancy activities (NACE 70)
Size: total assets €108,192
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 70, micro). It does better than 44% of them on solvency, 80% on liquidity, 4% on profitability and 18% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2024.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 5,831 companies had the same profile as PLETHON has now. Each dot stands for 15 companies, two years later.
84.5%
were still trading
13.4%
stopped another way
1.7%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of PLETHON itself is lower: 0.1% within 12 months. It rests on far more data about PLETHON than the profile alone.
Test of the method
The method was tested on the 497,447 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 5,831 companies, not a prediction for PLETHON. 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.
Credit verdict
Credit of up to €2,500 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is ample, with a current ratio of 3.29 (2.62 in 2023), above the usual 1.5. Short-term debt is 29.9% and cash 66.1% of total assets. However, 52.3% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Seven signals.
lowers riskraises risk
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€21,136
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 101 days later.
NBB · 10 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline09-11-2026 today
raises risk · 2024 accounts filed 28 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
28 days late
2023
28 days late
2022
29 days late
2021
26 days late
2020
61 days late
2019
61 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 39 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (1)
Board and ownership
DC
Danneels Carl
Director, since 25-08-2003
RK
Roete Kitty
Director, since 02-01-2004
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0860196592
Amendment of the articles · Legal-form change · Resignations & appointments
“Hetverstrekkenvanadviesopmanagementenbedrijfseconomischvlak; Hetsimulerenenprototyperenvanbedrijfsmodellen…” (deed in Dutch) · Board composition: Danneels Carl (director) · Board composition: Roete Kitty (director) · General meeting of 22-08-2023 · Gazette deed
Incorporation
published on 01-09-2003 · Gazette deed
First establishment
Koewacht 33, Stekene
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PLETHON Stekene | €108,192 | -€28,329 | 47.7% | - |
| MARMASO Zottegem | €97,610 | -€5,754 | 79.6% | - |
| I-TRADE CONSULT Lokeren | €104,308 | -€318 | 95.6% | - |
| BADRAL MANAGEMENT Deinze | €111,939 | -€7,263 | 97.4% | - |
| ENGELS B&E Lokeren | €93,627 | -€12,921 | -277.8% | - |
| DS MANAGEMENT Sint-Niklaas | €126,761 | -€7,199 | 39.0% | - |
| THE IMAGE COMPANY Ghent | €127,735 | -€1,239 | 80.8% | - |
These companies have the same main activity as PLETHON: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €93,600 and €128,000, founded between 2001 and 2004.
Official details
Source: KBO- Status
- Active since 28-08-2003Normal situation
- Activity
- Business and other management consultancyNACE 70200
- Establishment unit
- 2.133.045.6389190 Stekene, since 25-08-2003
- Financial year end
- 31 December
- Peppol
- Reachable since 27-11-2025
Insights on PLETHON
PLETHON files the micro format. That format states no turnover. The gross margin fell from €2,019 in 2006 to -€28,329 in 2024.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about PLETHON
- What is the company number of PLETHON?
- The company number of PLETHON is 0860.196.592. The VAT number is the same number with BE in front: BE 0860.196.592.
- Where is PLETHON based?
- The registered office is at Koewacht 33, 9190 Stekene.Company details
- What does PLETHON do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of PLETHON?
- PLETHON is a private limited company (BV).
- When was PLETHON founded?
- PLETHON was founded on 28-08-2003.
- Is PLETHON still active?
- Yes, PLETHON is an active enterprise in the KBO register.
- How many employees does PLETHON have?
- PLETHON had an average of 0.1 full-time equivalents in financial year 2018, according to the filed annual accounts.Financials
- What is the turnover of PLETHON?
- The annual accounts for financial year 2024 state no turnover. The abbreviated or micro format does not require it.
- Is PLETHON profitable?
- In financial year 2024, PLETHON made a loss of €21,136.
- Where can I find the annual accounts of PLETHON?
- PLETHON filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.