PLOG
ActiveSummary
PLOG has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €80,800 and a net result of €14,982. Equity is growing by ~55.1% per year across the filed fiscal years. Its solvency ranks better than 54% of 18606 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability78▼-3
Solvency64▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity ample (current ratio 1.64 against 1.55 in 2024; short-term debt: 60.8% and cash: 11.4% of total assets), but 60.8% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
39.2%
Return on assets
7.3%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-08-2026, 5 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
5 d late
2024
25 d late
2023
26 d late
2022
61 d early
2021
16 d late
2020
1 d early
2019
25 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 5 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
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Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€14,982▼ 19.5%
2024 · €18,603
Working capital
€80,548▲ 24.2%
2024 · €64,856
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€2,513▼ 2.7%€47,429▲ 1,787%€12,819▼ 73.0%€25,852▲ 102%€23,693▼ 8.4%
Net result€1,207below the sector's middle half▼ 20.1%€37,122within the sector's middle half▲ 2,976%€5,319within the sector's middle half▼ 85.7%€18,603within the sector's middle half▲ 250%€14,982within the sector's middle half▼ 19.5%
Equity€4,774below the sector's middle half▲ 33.8%€41,896below the sector's middle half▲ 778%€47,216below the sector's middle half▲ 12.7%€65,818below the sector's middle half▲ 39.4%€80,800within the sector's middle half▲ 22.8%
Total assets€141,007below the sector's middle half▲ 620%€174,192below the sector's middle half▲ 23.5%€161,111below the sector's middle half▼ 7.5%€183,426below the sector's middle half▲ 13.9%€206,180within the sector's middle half▲ 12.4%
Debt€136,233▲ 750%€132,296▼ 2.9%€113,895▼ 13.9%€117,608▲ 3.3%€125,380▲ 6.6%
Working capital€4,774within the sector's middle half▼ 52.4%€41,896within the sector's middle half▲ 778%€45,544within the sector's middle half▲ 8.7%€64,856within the sector's middle half▲ 42.4%€80,548within the sector's middle half▲ 24.2%
Solvency3.4%below the sector's middle half▼ 14.8pp24.1%within the sector's middle half▲ 20.7pp29.3%within the sector's middle half▲ 5.3pp35.9%within the sector's middle half▲ 6.6pp39.2%within the sector's middle half▲ 3.3pp
Current ratio1.04within the sector's middle half▼ 1.011.32within the sector's middle half▲ 0.281.40within the sector's middle half▲ 0.081.55within the sector's middle half▲ 0.151.64within the sector's middle half▲ 0.09
Return on assets (ROA)0.9%within the sector's middle half▼ 6.9pp21.3%above the sector's middle half▲ 20.5pp3.3%within the sector's middle half▼ 18.0pp10.1%above the sector's middle half▲ 6.8pp7.3%within the sector's middle half▼ 2.9pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 8% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €206,180
Fixed assets
€252 ▼ 73.8%
Current assets
€205,928 ▲ 12.9%
Equity and liabilities €206,180
Equity
€80,800 ▲ 22.8%
Debt
€125,380 ▲ 6.6%
Debt's share of the balance-sheet total falls from 64.1% to 60.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€24,403▼
2024 · €26,562
Cash flow
€15,692▼
2024 · €19,313
Debt to equity
1.55▼
2024 · 1.79
ROE
18.5%▼
2024 · 28.3%
Interest coverage
32.72▼
2024 · 86.12
Debt ≤ 1 year
€125,380▲
2024 · €117,608
Income taxes
€8,000▲
2024 · €6,968
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,349 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,349 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €458 | €710 | €710 | = |
| Other operating charges640/8 | €428 | €428 | €464 | - | €2,265 | - |
| Gross operating margin9900 | €2,941 | €47,857 | €13,741 | €26,562 | €26,668 | ▲ 0.4% |
| Operating profit (loss)9901 | €2,513 | €47,429 | €12,819 | €25,852 | €23,693 | ▼ 8.4% |
| Financial income75/76B | - | €4,092 | - | €27 | €35 | ▲ 31.7% |
| Recurring financial income75 | - | €4,092 | - | €27 | €35 | ▲ 31.7% |
| Financial charges65/66B | €867 | €530 | €4,388 | €308 | €746 | ▲ 142% |
| Recurring financial charges65 | €867 | €530 | €4,388 | €308 | €746 | ▲ 142% |
| Profit (loss) for the period before taxes9903 | €1,646 | €50,991 | €8,431 | €25,571 | €22,982 | ▼ 10.1% |
| Income taxes67/77 | €439 | €13,869 | €3,112 | €6,968 | €8,000 | ▲ 14.8% |
| Profit (loss) for the period9904 | €1,207 | €37,122 | €5,319 | €18,603 | €14,982 | ▼ 19.5% |
| Profit (loss) for the period to be appropriated9905 | €1,207 | €37,122 | €5,319 | €18,603 | €14,982 | ▼ 19.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €141,007 | €174,192 | €161,111 | €183,426 | €206,180 | ▲ 12.4% |
| Fixed assets21/28 | - | - | €1,672 | €962 | €252 | ▼ 73.8% |
| Tangible fixed assets22/27 | - | - | €1,672 | €962 | €252 | ▼ 73.8% |
| Plant, machinery and equipment23 | - | - | €1,672 | €962 | €252 | ▼ 73.8% |
| Current assets29/58 | €141,007 | €174,192 | €159,439 | €182,464 | €205,928 | ▲ 12.9% |
| Amounts receivable within one year40/41 | €75,860 | €155,694 | €155,568 | €159,375 | €182,365 | ▲ 14.4% |
| Trade receivables40 | €22,382 | €15,202 | €12,368 | €21,175 | €44,165 | ▲ 109% |
| Other amounts receivable41 | €53,478 | €140,492 | €143,200 | €138,200 | €138,200 | = |
| Cash at bank and in hand54/58 | €65,147 | €18,498 | €3,871 | €22,989 | €23,563 | ▲ 2.5% |
| Deferred charges and accrued income490/1 | - | - | - | €100 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €141,007 | €174,192 | €161,111 | €183,426 | €206,180 | ▲ 12.4% |
| Equity10/15 | €4,774 | €41,896 | €47,216 | €65,818 | €80,800 | ▲ 22.8% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €1,530 | €1,530 | €1,530 | €1,530 | €16,512 | ▲ 979% |
| Non-distributable reserves130/1 | €930 | €930 | €930 | €930 | €930 | = |
| Other1319 | €930 | €930 | €930 | €930 | €930 | = |
| Distributable reserves133 | €600 | €600 | €600 | €600 | €15,582 | ▲ 2,497% |
| Profit (loss) carried forward14 | -€2,956 | €34,166 | €39,486 | €58,088 | €58,088 | = |
| Amounts payable17/49 | €136,233 | €132,296 | €113,895 | €117,608 | €125,380 | ▲ 6.6% |
| Amounts payable within one year42/48 | €136,233 | €132,296 | €113,895 | €117,608 | €125,380 | ▲ 6.6% |
| Current portion of amounts payable after more than one year42 | €6,459 | - | - | - | - | - |
| Trade debts44 | €38,367 | €12,434 | €6,906 | €6,152 | €5,851 | ▼ 4.9% |
| Suppliers440/4 | €38,367 | €12,434 | €6,906 | €6,152 | €5,851 | ▼ 4.9% |
| Taxes, remuneration and social security45 | €439 | €16,751 | €4,462 | €9,059 | €17,663 | ▲ 95.0% |
| Taxes450/3 | €439 | €16,751 | €4,462 | €9,059 | €17,663 | ▲ 95.0% |
| Other amounts payable47/48 | €90,968 | €103,111 | €102,527 | €102,397 | €101,866 | ▼ 0.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,207 | €37,122 | €5,319 | €18,603 | €14,982 | ▼ 19.5% |
| + Depreciation and write-downs630 | - | - | €458 | €710 | €710 | = |
| Operating cash flow (approximation) | €1,207 | €37,122 | €5,777 | €19,313 | €15,692 | ▼ 18.7% |
| Investment in fixed assets (approximation) | - | - | - | -€0 | €0 | ▲ 100% |
| Change in cash | - | -€46,649 | -€14,627 | €19,118 | €574 | ▼ 97.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
05-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 5 days late
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 25 days late
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 26 days late
2023
31-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2018net €37,122 ▲2,976%
Operating result €47,429, net result €37,122, both a record.
16-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 16 days late
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
25-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 25 days late
2019
31-12
Financial
Weakest financial yearnet €608 ▼46.9%
Net result drops to €608, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 28 days late
2018
07-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 7 days late
2017
11-10
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 72 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Watermaal-Bosvoorde · 1 establishment unit since 2001
Ground area
5,336 m²
Building footprint
1,623 m²
Volume, LiDAR
24,515 m³
2 parcels, Brussels · tallest building 36.3 m, ±4 floors. Linked by address, not a title deed.
288
companies at this address
See who is registered here
1 establishment unit
PLOG
since 20012.096.935.508
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21652E0039/00H003 | Brussels | 5,127 m² | 1 · 1,510 m² | 36.3 m · 1 fl. |
| 21618B0278/00N019 | Brussels | 209 m² | 1 · 113 m² | 14.9 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 3,223 companies in sector 47400 we hold annual accounts for 1,808. 1,456 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded18-10-2000
Fiscal year end31-12
Activities, NACEBEL 2025
47400Retail sale of information and communication equipment
62100Computer programming
Contact
E-invoicing
Reachable via Peppol
Peppol ID
0208:0473067911
Also
9925:BE0473067911
Registered
10-03-2026
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.