PLP COATINGS
ActivePLP COATINGS has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €128k and a net result of €54k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 16% of 7993 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
55
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▲+5
Solvency34▲+4
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity short (current ratio 0.96 against 0.91 in 2024; short-term debt: 91% and cash: 10.6% of total assets), and 91% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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
9%
Return on assets
3.8%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 7993 sector peers (2025).
NBB · sector comparisonPosition among 7993 sector peers
Solvency
better than 16%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €128k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
36 d early
2023
1 d late
2022
25 d late
2021
2 d early
2020
31 d early
2019
28 d early
← before the deadline
after the deadline →
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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€128k▲ 72.2%
2024 · €75k
2018: €96k
2019: €38k
2020: €134k
2021: €108k
2022: €45k
2023: €57k
2024: €75k
2018 → 2025
Total assets
€1.43M▲ 0.8%
2024 · €1.42M
2018: €2.08M
2019: €1.72M
2020: €1.61M
2021: €1.73M
2022: €1.91M
2023: €1.91M
2024: €1.42M
2018 → 2025
Net result
€54k▲ 198%
2024 · €18k
2018: €-28k
2019: €-58k
2020: €96k
2021: €-26k
2022: €-63k
2023: €11k
2024: €18k
2018 → 2025
Working capital
€-50k▲ 60.0%
2024 · €-126k
2018: €-84k
2019: €-132k
2020: €-72k
2021: €-53k
2022: €-88k
2023: €-86k
2024: €-126k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€108k-€45k▼ 58.2%€57k▲ 25.2%€75k▲ 31.9%€128k▲ 72.2%
Operating result€10k-€-45k€27k€55k▲ 107%€101k▲ 83.8%
Net result€-26k-€-63k▼ 144%€11k€18k▲ 58.7%€54k▲ 198%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 84% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.43M
Fixed assets
€179k▼ 10.7%
Current assets
€1.25M▲ 2.7%
Equity and liabilities €1.43M
Equity
€128k▲ 72.2%
Debt
€1.30M▼ 3.1%
The debt ratio falls from 94.8% to 91.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€123k▲
2024 · €84k
Cash flow
€75k▲
2024 · €47k
Solvency
9.0%▲
2024 · 5.2%
Current ratio
0.96▲
2024 · 0.91
Quick ratio
0.96▲
2024 · 0.91
Debt / equity
10.16▼
2024 · 18.07
ROE
41.9%▲
2024 · 24.2%
ROA
3.8%▲
2024 · 1.3%
Interest coverage
6.93▲
2024 · 5.70
Debt
€1.30M▼
2024 · €1.35M
Debt ≤ 1 year
€1.30M▼
2024 · €1.35M
Income taxes
€32k▲
2024 · €22k
Staff costs
€885k▲
2024 · €867k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.42M€1.43M▲
Fixed assets21/28€200k€179k▼
Tangible fixed assets22/27€63k€41k▼
Furniture and vehicles24€63k€41k▼
Financial fixed assets28€137k€137k=
Current assets29/58€1.22M€1.25M▲
Amounts receivable within one year40/41€1.18M€1.10M▼
Trade receivables40€1.14M€1.07M▼
Other amounts receivable41€47k€28k▼
Cash at bank and in hand54/58€37k€152k▲
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€1.42M€1.43M▲
Equity10/15€75k€128k▲
Contributions10/11€20k€20k=
Reserves13€55k€108k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€53k€106k▲
Amounts payable17/49€1.35M€1.30M▼
Amounts payable within one year42/48€1.35M€1.30M▼
Trade debts44€1.01M€1.06M▲
Suppliers440/4€1.01M€1.06M▲
Advances received on contracts in progress46€157k€61k▼
Taxes, remuneration and social security45€176k€184k▲
Taxes450/3€49k€78k▲
Remuneration and social security454/9€128k€106k▼
Income statement
Code20242025
Remuneration, social security and pensions62€867k€885k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29k€21k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€3k€3k▲
Other operating charges640/8€5k€9k▲
Gross operating margin9900€960k€1.02M▲
Operating profit (loss)9901€55k€101k▲
Financial income75/76B€1€3k▲
Recurring financial income75€1€3k▲
Financial charges65/66B€15k€18k▲
Recurring financial charges65€15k€18k▲
Profit (loss) for the period before taxes9903€40k€86k▲
Income taxes67/77€22k€32k▲
Profit (loss) for the period9904€18k€54k▲
Profit (loss) for the period to be appropriated9905€18k€54k▲
Appropriation of the result
Profit (loss) to be appropriated9906€18k€54k▲
Transfer to equity691/2€18k€54k▲
To other reserves6921€18k€54k▲
Social balance
Average headcount (FTE)90878.18.1=
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Equity above €100kEq €128k ▲72.2%
3 profitable years in a row build equity to €128k.
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
01-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 1 day late
2023
31-12
Financial
Back to profitnet €11k
Net result €11k after 2 loss-making years.
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 25 days late
2022
31-12
Financial
Weakest financial yearnet €-63k
Net result drops to €-63k, the lowest in the series; recovery starts the following year.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €96k
Net result €96k after 2 loss-making years.
31-12
Financial
Equity above €100kEq €134k ▲253%
Equity rises from €38k to €134k.
03-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
20-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
03-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
20-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Tessenderlo-Ham · 1 establishment unit since 2009
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Havenlaan 83980 Tessenderlo-HamGround area
4.8 ha
Parcel 71363C2026/00G000, Flanders. Linked by address, not a title deed.
1 establishment unit
PLP Coatings
since 20092.183.477.720
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71363C2026/00G000 | Flanders | 4.8 ha | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 20,979 EUR awarded · 20,679 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 478 EUR | 478 EUR |
| 2024 | 1 | 501 EUR | 201 EUR |
| 2023 | 1 | 20,000 EUR | 20,000 EUR |
Schemes
Subsidies voor internationaal ondernemen
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
967600LHLOZRMILOCL04
Similar companies · same sector, comparable size
M.AL EXPORT
BE 0833.693.224
Brussel · Eq €127k
GOODWOODZ
BE 0803.249.575
Brugge · Eq €130k
STARTH
BE 0816.969.929
Fontaine-l'Evêque · Eq €127k
LEUZE MATERIAUX
BE 0738.471.193
Leuze-en-Hainaut · Eq €131k
Porte O' Glass
BE 0675.879.271
Zutendaal · Eq €132k
Of 1,137 companies in sector 46130 we hold annual accounts for 646. 517 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-11-2009
Fiscal year end31-12
Activities, NACEBEL
46130Agents in the wholesale of timber and building materials
46833Wholesale trade
47526Retail trade
70210Activities of head offices; management consultancy activities
73200Market research and public opinion polling
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.