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PLS Equitation

Active
Private limited company (pre-2019)founded 2017active for 9 yearsRue d'Hévillers 28, 1450 Chastre, BelgiumKBO/BCE: BE 0675.882.835

From the official registers: KBO 9 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of PLS Equitation is 4.0% (elevated). The 2025 annual accounts show negative equity (-€368,951) and a net result of -€59,053. Equity has been shrinking by about 47% per year since 2018. Its solvency ranks better than 5% of 9,829 sector peers (NACE 46, financial year 2025). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 19-05-2017 Normal situation
Activity
Wholesale trade NACE 46232and 2 others
Establishment unit
2.277.620.970 1404 Nivelles, since 19-05-2017
Financial year end
31 December
Peppol
Reachable since 23-12-2025

Board and ownership

Board
  • HINNI AlexandraDirector
  • STAMPFLI EmilieDirector

Financial position

46 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
4.0%
Annual accounts 2025
Gross margin
-€53,658
▲ 28.2%
Loss
€59,053
▼ 26.1%
Equity
-€368,951
▼ 19.1%
Total assets
€158,169
▲ 13.2%
Staff
≈ 0 FTE
estimated
Turnover not published (abbreviated or micro format)
Filed on 26-10-2026, 87 days after the deadlineat the National Bank
Score breakdownraises riskLast filed accounts filed 87 days late; 3 of the last 3 accounts lateLoss of €59,053, the second in a row (financial year 2025)Negative equity -€368,951lowers riskSize: total assets €158,169Show the evidence

Checked score

Score 2025
46 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 9% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Weak
Solvency 0=
equity -233.3% of total assets
Liquidity 1-1
short-term debt 333.2% · cash 0.7%
Profitability 0=
return on assets -37.3%
Bankruptcy probability within 12 months
4.0% Elevated
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,900 companies, NACE 46, micro)
Last 24 months 11-2024: 7.6% 12-2024: 7.6%● unchanged vs 11-2024 01-2025: 7.6%● unchanged vs 12-2024 02-2025: 7.6%● unchanged vs 01-2025 03-2025: 7.4%▼ -0.2 percentage points vs 02-2025 04-2025: 7.7%▲ +0.3 percentage points vs 03-2025 05-2025: 7.6%▼ -0.1 percentage points vs 04-2025 06-2025: 7.4%▼ -0.2 percentage points vs 05-2025 07-2025: 7.6%▲ +0.2 percentage points vs 06-2025 08-2025: 8.5%▲ +0.9 percentage points vs 07-2025 09-2025: 9.2%▲ +0.7 percentage points vs 08-2025 10-2025: 12.5%▲ +3.3 percentage points vs 09-2025 11-2025: 12.6%▲ +0.1 percentage points vs 10-2025 12-2025: 13.7%▲ +1.1 percentage points vs 11-2025highest value 01-2026: 8.5%▼ -5.2 percentage points vs 12-2025 02-2026: 8.5%● unchanged vs 01-2026 03-2026: 8.3%▼ -0.2 percentage points vs 02-2026 04-2026: 8.6%▲ +0.3 percentage points vs 03-2026 05-2026: 8.8%▲ +0.2 percentage points vs 04-2026 06-2026: 8.4%▼ -0.4 percentage points vs 05-2026 07-2026: 8.5%▲ +0.1 percentage points vs 06-2026 08-2026: 9.3%▲ +0.8 percentage points vs 07-2026 09-2026: 9.8%▲ +0.5 percentage points vs 08-2026 10-2026: 4.0%▼ -5.8 percentage points vs 09-2026lowest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.3 (0.31 in 2024), below 1. Short-term debt is 333.2% and cash 0.7% of total assets. Equity is negative.
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 46, micro). It does better than 6% of them on solvency, 4% on liquidity, 6% on profitability and 20% on growth.

The bankruptcy probability was computed on 31-10-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · Last filed accounts filed 87 days late; 3 of the last 3 accounts late
NBB · filings
lowers risk · Size: total assets €158,169
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Loss of €59,053, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Negative equity -€368,951
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€368,951
raises risk · 2025 accounts filed 87 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-10-2026, 87 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 · 9 filings
Deviation from the deadline
2025
87 days late
2024
123 days late
2023
61 days late
2022
59 days late
2021
60 days late
2020
101 days late
2019
98 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 84 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 1 October (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€368,951 View
  • Risk: 4 loss-making years in a rowloss in financial year 2025 -€59,053 View
  • Caution: Lower solvency than 95% of companies in wholesale tradesector median 43.0% · 9,829 companies -233.3% View

Comparable companies

These companies have the same main activity as PLS Equitation: wholesale trade (NACE 46232). They are comparable in size and age: total assets between €45,900 and €383,000, founded between 2010 and 2021.

CompanyTotal assetsGross margin
PLS Equitation Chastre€158,169-€53,658
DVR EQUESTRIAN Frasnes-lez-Anvaing€231,218-€2,637
INTERNATIONAL PIGEON EVENTS Brussel€317,982€3,099
ZANOTELLI INVESTMENT Hamont-Achel€91,274-€13,567
DEL MAR Andenne€268,299-€59,978
ASLAN SPORT HORSES Andenne€382,932-€105,813
DV Pigeons Oosterzele€45,864€1,593
Full comparison

Documents

Annual accounts at the NBB

All 9 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about PLS Equitation

What is the company number of PLS Equitation?
The company number of PLS Equitation is 0675.882.835. The VAT number is the same number with BE in front: BE 0675.882.835.
Where is PLS Equitation based?
The registered office is at Rue d'Hévillers 28, 1450 Chastre.Company details
What does PLS Equitation do?
According to the KBO register, the main activity is wholesale trade (NACE 46232).
What is the legal form of PLS Equitation?
The legal form of PLS Equitation is Private limited company (pre-2019) (BVBA).
When was PLS Equitation founded?
PLS Equitation was founded on 19-05-2017.
Is PLS Equitation still active?
Yes, PLS Equitation is an active enterprise in the KBO register.
How many employees does PLS Equitation have?
PLS Equitation had an average of 0.7 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
What is the turnover of PLS Equitation?
The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.
Is PLS Equitation profitable?
In financial year 2025, PLS Equitation made a loss of €59,053.
Where can I find the annual accounts of PLS Equitation?
PLS Equitation filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of PLS Equitation due?
PLS Equitation must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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