Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
Every financial year from 2020 to 2025 closed with a loss. 2022 was the heaviest.
Lower solvency than 95% of companies in retail trade. Sector median 33.4% · 25,237 companies.
In July 2024, 2,333 companies had the same profile as PLMC has now. Each dot stands for 6 companies, two years later.
Another 0.8% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 2,333 companies, not a prediction for PLMC. 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.
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.
| Company | ||||
|---|---|---|---|---|
| PLMC Blegny | €3,494 | -€184 | -2126.2% | - |
| SKOLL DRINKS Kortrijk | €1,653 | -€992 | -1560.3% | - |
| MICKAËL DE ANGELIS Theux | €5,733 | €6,135 | -114.8% | - |
| Het Zoete Leven Zulte | €3,504 | €6,284 | 100.0% | - |
| MIFAN Sint-Gillis-Waas | €18,633 | -€3,013 | -189.7% | - |
| SAJC Consult Woluwe-Saint-Lambert | €18,669 | -€3,587 | 66.3% | - |
| SA PASTA Antwerp | €2,750 | - | -618.1% | - |
These companies have the same main activity as PLMC: retail sale of chocolate and confectionery (NACE 47242). They are comparable in size and age: total assets between €1,650 and €18,700, founded between 2014 and 2022.
PLMC files the micro format. That format states no turnover. The gross margin fell from €32,865 in 2013 to -€184 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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