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PLUGGED IN

Active
Private limited companyfounded 201313 yrs activeVlaanderenstraat 21, 8680 Koekelare, BelgiumKBO/BCE: BE 0524.677.948

PLUGGED IN has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €36k and a net result of €15k. Equity remains stable across the filed fiscal years (±2.3% per year). Its solvency ranks better than 68% of 2465 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
85 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+3
Solvency94▲+14
Growth58=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 3.06 against 2.14 in 2023; short-term debt: 31.3% and cash: 8.4% of total assets), and 31.3% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 90
Relative position
BE, all sectors
reference
Sector 90
lower
← 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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 13 years 0 20 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
68.7%
Return on assets
27.4%
Age of the figures
21 mo
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year €36k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-06-2025, 38 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
38 d early
2023
35 d early
2022
32 d early
2021
35 d early
2020
33 d early
2019
1 d late
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€36k▲ 66.2%
2023 · €22k
2018: €47k 2019: €24k 2020: €19k 2021: €20k 2022: €21k 2023: €22k
2018 → 2024
Total assets
€53k▲ 33.3%
2023 · €40k
2018: €81k 2019: €74k 2020: €42k 2021: €40k 2022: €34k 2023: €40k
2018 → 2024
Net result
€15k▲ 61.1%
2023 · €9k
2018: €7k 2019: €889 2020: €-501 2021: €849 2022: €2k 2023: €9k
2018 → 2024
Working capital
€34k▲ 67.6%
2023 · €20k
2018: €37k 2019: €11k 2020: €7k 2021: €8k 2022: €16k 2023: €20k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€19k-€20k▲ 4.5%€21k▲ 8.2%€22k▲ 2.4%€36k▲ 66.2%
Operating result€-78-€3k€5k▲ 52.1%€14k▲ 181%€21k▲ 54.8%
Net result€-501-€849€2k▲ 91.0%€9k▲ 456%€15k▲ 61.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-10k€0€10k€20kOperating result 2020: €-78€-78Net result 2020: €-501€-501Operating result 2021: €3k€3kNet result 2021: €849€849Operating result 2022: €5k€5kNet result 2022: €2k€2kOperating result 2023: €14k€14kNet result 2023: €9k€9kOperating result 2024: €21k€21kNet result 2024: €15k€15k20202021202220232024
The operating result has risen four years in a row; 2024 is 55% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €53k
Fixed assets €2k▲ 47.2%
Current assets €51k▲ 32.8%
Equity and liabilities €53k
Equity €36k▲ 66.2%
Debt €17k▼ 7.0%
The debt ratio falls from 44.9% to 31.3%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€21k
2023 · €18k
Cash flow
€15k
2023 · €13k
Solvency
68.7%
2023 · 55.1%
Current ratio
3.06
2023 · 2.14
Quick ratio
3.06
2023 · 2.14
Debt / equity
0.46
2023 · 0.81
ROE
39.8%
2023 · 41.1%
ROA
27.4%
2023 · 22.6%
Interest coverage
101.37
2023 · 102.82
Debt
€17k
2023 · €18k
Debt ≤ 1 year
€17k
2023 · €18k
Income taxes
€7k
2023 · €5k
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€40k€53k
Fixed assets21/28€2k€2k
Tangible fixed assets22/27€2k€2k
Furniture and vehicles24-€1k
Other tangible fixed assets26€2k€1k
Current assets29/58€38k€51k
Amounts receivable after more than one year29€30k€30k=
Other amounts receivable291€30k€30k=
Amounts receivable within one year40/41€6k€16k
Trade receivables40€6k€16k
Other amounts receivable41€16€23
Cash at bank and in hand54/58€1k€4k
Deferred charges and accrued income490/1€600€540
Equity and liabilities
Total equity and liabilities10/49€40k€53k
Equity10/15€22k€36k
Contributions10/11€6k€6k=
Reserves13€13k€27k
Distributable reserves133€13k€27k
Profit (loss) carried forward14€3k€3k
Amounts payable17/49€18k€17k
Amounts payable within one year42/48€18k€17k
Trade debts44€3k€3k
Suppliers440/4€3k€3k
Taxes, remuneration and social security45€7k€13k
Taxes450/3€7k€13k
Other amounts payable47/48€9k€921
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€520
Other operating charges640/8€2k€3k
Gross operating margin9900€20k€24k
Operating profit (loss)9901€14k€21k
Financial income75/76B€1k€1k
Recurring financial income75€1k€1k
Financial charges65/66B€171€211
Recurring financial charges65€171€211
Profit (loss) for the period before taxes9903€14k€22k
Income taxes67/77€5k€7k
Profit (loss) for the period9904€9k€15k
Profit (loss) for the period to be appropriated9905€9k€15k
Appropriation of the result
Profit (loss) to be appropriated9906€12k€17k
Profit (loss) brought forward from the previous period14P€3k€3k
Transfer from equity791/2€10k-
Transfer to equity691/2€11k€15k
To other reserves6921€11k€15k
Profit to be distributed694/7€9k-
Return on contributions (dividend)694€9k-

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
23-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2018net €15k ▲61.1%
Operating result €21k, net result €15k, both a record.
26-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
29-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
26-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Back to profitnet €849
Net result €849 after one loss-making year.
28-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Weakest financial yearnet €-501 ▼156%
Net result drops to €-501, the lowest in the series; recovery starts the following year.
01-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 1 day late
2019
13-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 13 days late
2018
26-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
26-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
16-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Koekelare · 1 establishment unit since 2013
establishment The establishment unit on the map
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.

Vlaanderenstraat 218680 Koekelare
Ground area
1,405 m²
Building footprint
144 m²
Volume, LiDAR
721 m³
Parcel 32010D0157/00Y000, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PLUGGED IN
Vlaanderenstraat 21, 8680 KoekelarePrinting and reproduction of recorded media
since 20132.217.688.630
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
32010D0157/00Y000 Flanders 1,405 m² 1 · 144 m² 7.7 m · 2 fl.
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.

Similar companies · same sector, comparable size

Of 3,398 companies in sector 90393 we hold annual accounts for 939. 717 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded20-03-2013
Fiscal year end31-12
Activities, NACEBEL
90393Specialised image, lighting and sound technical services
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 11 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.