PLMC
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 26-05-2026 PDF all 13 filings
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€184=
2024 · -€184
Working capital
-€131▼ 99.2%
2020 · -€66
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
-€184
=
2025
20182025
Net result
-€184
=
2025
middle half of the sector
20182025
Equity
-€74,288
▼ 0.2%
2025
lowest quarter of the sector
20182025
Total assets
€3,494
=
2025
lowest quarter of the sector
20182025
Debt
€77,782
▲ 0.2%
2025
20182025
Working capital
no figure
2025
20182025
Solvency
no figure
2025
20182025
Current ratio
no figure
2025
20182025
Return on assets (ROA)
no figure
2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€5,731--€4,750▲ 17.1%-€4,575▲ 3.7%-€4,413▲ 3.5%-€4,761▼ 7.9%-€64▲ 98.7%-€184▼ 188%-€184=
Net result-€9,258-€3,884-€4,635below the sector's middle half-€4,478below the sector's middle half▲ 3.4%-€4,798below the sector's middle half▼ 7.1%-€64within the sector's middle half▲ 98.7%-€184within the sector's middle half▼ 188%-€184within the sector's middle half=
Equity-€63,830--€59,946▲ 6.1%-€64,581below the sector's middle half▼ 7.7%-€69,059below the sector's middle half▼ 6.9%-€73,857below the sector's middle half▼ 6.9%-€73,921below the sector's middle half▼ 0.1%-€74,105below the sector's middle half▼ 0.2%-€74,288below the sector's middle half▼ 0.2%
Total assets€22,850-€16,792▼ 26.5%€12,323below the sector's middle half▼ 26.6%€7,915below the sector's middle half▼ 35.8%€3,494below the sector's middle half▼ 55.9%€3,494below the sector's middle half=€3,494below the sector's middle half=€3,494below the sector's middle half=
Debt€86,680-€76,737▼ 11.5%€76,904▲ 0.2%€76,974▲ 0.1%€77,351▲ 0.5%€77,415▲ 0.1%€77,599▲ 0.2%€77,782▲ 0.2%
Working capital-€3,423-€59-€66within the sector's middle half-€131within the sector's middle half▼ 99.2%
Solvency-279.3%--357.0%▼ 77.7pp-524.1%below the sector's middle half▼ 167.1pp-872.5%below the sector's middle half▼ 348.4pp
Current ratio0.31-0.04below the sector's middle half0.06below the sector's middle half▲ 0.01
Return on assets (ROA)-40.5%-23.1%▲ 63.6pp-37.6%below the sector's middle half▼ 60.7pp-56.6%below the sector's middle half▼ 19.0pp
above
within
below
The sector band is the middle half of the companies in Retail trade (NACE 47). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is a loss of €184, the same as in 2024.
Key figures and ratios
Debt ≤ 1 year
€670▼
2024 · €671
Debt > 1 year
€77,112▲
2024 · €76,928
The ratios are withheld because a balance sheet total of €3,494 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,753 | €4,558 | €4,413 | €4,413 | €4,413 | - | - | - | - |
| Gross operating margin9900 | -€978 | -€192 | -€162 | - | -€348 | -€64 | -€184 | -€184 | = |
| Operating profit (loss)9901 | -€5,731 | -€4,750 | -€4,575 | -€4,413 | -€4,761 | -€64 | -€184 | -€184 | = |
| Financial charges65/66B | - | - | - | €65 | €37 | - | - | - | - |
| Recurring financial charges65 | €3,527 | €393 | €61 | €65 | €37 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | -€9,258 | €3,884 | -€4,635 | -€4,478 | -€4,798 | -€64 | -€184 | -€184 | = |
| Profit (loss) for the period9904 | -€9,258 | €3,884 | -€4,635 | -€4,478 | -€4,798 | -€64 | -€184 | -€184 | = |
| Profit (loss) for the period to be appropriated9905 | -€9,258 | €3,884 | -€4,635 | -€4,478 | -€4,798 | -€64 | -€184 | -€184 | = |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €22,850 | €16,792 | €12,323 | €7,915 | €3,494 | €3,494 | €3,494 | €3,494 | = |
| Fixed assets21/28 | €21,290 | €16,732 | €12,319 | €7,907 | €3,494 | €3,494 | €3,494 | €3,494 | = |
| Intangible fixed assets21 | €19,494 | €15,494 | €11,494 | €7,494 | €3,494 | €3,494 | €3,494 | €3,494 | = |
| Tangible fixed assets22/27 | €1,796 | €1,239 | €826 | €413 | - | - | - | - | - |
| Plant, machinery and equipment23 | - | - | - | €413 | - | - | - | - | - |
| Current assets29/58 | €1,560 | €59 | €3 | €8 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €950 | €41 | €0 | - | - | - | - | - | - |
| Cash at bank and in hand54/58 | €610 | €19 | €3 | €8 | - | - | - | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €22,850 | €16,792 | €12,323 | €7,915 | €3,494 | €3,494 | €3,494 | €3,494 | = |
| Equity10/15 | -€63,830 | -€59,946 | -€64,581 | -€69,059 | -€73,857 | -€73,921 | -€74,105 | -€74,288 | ▼ 0.2% |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Capital10 | - | - | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Issued capital100 | - | - | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Uncalled capital101 | - | - | - | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Profit (loss) carried forward14 | -€70,030 | -€66,146 | -€70,781 | -€75,259 | -€80,057 | -€80,121 | -€80,305 | -€80,488 | ▼ 0.2% |
| Amounts payable17/49 | €86,680 | €76,737 | €76,904 | €76,974 | €77,351 | €77,415 | €77,599 | €77,782 | ▲ 0.2% |
| Amounts payable after more than one year17 | €81,697 | €76,737 | €76,835 | €76,835 | €76,864 | €76,928 | €76,928 | €77,112 | ▲ 0.2% |
| Financial debts170/4 | - | - | - | €76,835 | €76,864 | €76,928 | €76,928 | €77,112 | ▲ 0.2% |
| Amounts payable within one year42/48 | €4,983 | €0 | €69 | €139 | €487 | €487 | €671 | €670 | ▼ 0.1% |
| Trade debts44 | €4,759 | €0 | - | - | €348 | €348 | €531 | €531 | = |
| Suppliers440/4 | - | - | - | - | €348 | €348 | €531 | €531 | = |
| Other amounts payable47/48 | - | - | - | €139 | €139 | €139 | €140 | €139 | ▼ 0.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€9,258 | €3,884 | -€4,635 | -€4,478 | -€4,798 | -€64 | -€184 | -€184 | = |
| + Depreciation and write-downs630 | €4,753 | €4,558 | €4,413 | €4,413 | €4,413 | - | - | - | - |
| Operating cash flow (approximation) | -€4,505 | €8,442 | -€223 | -€65 | -€385 | -€64 | -€184 | -€184 | = |
| Investment in fixed assets (approximation) | - | -€0 | €0 | -€1 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€591 | -€16 | €5 | - | - | - | - | - |
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, 2,333 companies had the same profile as PLMC has now. Two years later, 90.6% were still going and 2.8% had gone bankrupt.
- Micro
- 10 to 20 years old
- negative equity
- a small loss
90.6%
was still going
5.8%
stopped otherwise
2.8%
went bankrupt
Another 0.7% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of PLMC itself: 1.3% 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 2,333 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.
Latest 10 of 13 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 26-05-2026 | 2026-00125042 | |
| 31-12-2024 | micro format | 22-06-2025 | 2025-00194928 | |
| 31-12-2023 | micro format | 25-09-2024 | 2024-00483628 | |
| 31-12-2022 | micro format | 15-07-2023 | 2023-00244347 | |
| 31-12-2021 | micro format | 03-06-2022 | 2022-20047359 | |
| 31-12-2020 | full format | 17-06-2021 | 2021-22200480 | |
| 31-12-2019 | full format | 04-08-2020 | 2020-39300364 | |
| 31-12-2018 | full format | 16-09-2019 | 2019-64800014 | |
| 31-12-2017 | full format | 25-09-2018 | 2018-65000507 | |
| 31-12-2016 | full format | 30-03-2018 | 2018-09300238 |