Equity
€123,546 ▲ 142×
Equity rose in 2025 from €870 to €123,546.
PLUGINTO
Overview
Lifetime
2 annual accounts with figures on one time axispeak €158,298 (2025)
€158,298▲ €159,428
lowest -€1,130 (2024)
€122,676▲ €123,806
peak €123,546 (2025)
€123,546▲ 142×
€89,686
Board1 name since 2023
1 directorGRÜNEWALD David
Documentsfilings and deeds
29-10-202690 days late
2025micro format
Gross margin from -€1,130 to €158,298Back to profit: €122,676Equity from €870 to €123,546Cash from €700 to €141,535
Key points
from the 2025 annual accountsInvestments
€2,148 182.5 × depreciation
Green is investment, beige is depreciation.
Position in the sector
€122,676
Higher net result than 93% of companies in advertising and market research. Sector median €14,755 · 8,618 companies.
2025 accounts filed 90 days after the deadline
Checked score
90
Excellent
Financially stronger than 79% of micro companies in advertising and market research (NACE 73)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 11,231 companies (NACE 73, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
01-2026: 0.3%
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.4%▲ +0.1 percentage points vs 06-2026
08-2026: 0.8%▲ +0.4 percentage points vs 07-2026
09-2026: 1.0%▲ +0.2 percentage points vs 08-2026highest value
10-2026: 0.3%▼ -0.7 percentage points vs 09-2026
11-2026: 0.3%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Last filed accounts filed 90 days late; 1 of the last 3 accounts late
lowers risk
Liquidity: current ratio 2.35, cash €141,535
Sector: Advertising, market research and public relations activities (NACE 73)
Equity €123,546 (57.9% of total assets)
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 73, micro). It does better than 56% of them on solvency, 72% on liquidity, 88% on profitability and 99% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 11,279 companies had the same profile as PLUGINTO has now. Each dot stands for 29 companies, two years later.
96.6%
were still trading
2.6%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of PLUGINTO itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,448 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 11,279 companies, not a prediction for PLUGINTO. 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.
Credit verdict
Credit of up to €11,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity is ample, with a current ratio of 2.35, above the usual 1.5. Short-term debt is 42.1% and cash 66.4% of total assets. 42.1% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Young company
Founded in 2024, a year ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation dateAge against the risk zone
raises risk · 2025 accounts filed 90 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-10-2026, 90 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 · 2 filingsDeviation from the deadline
2025
90 days late
2024
15 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 38 days after the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% 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.
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1017993818
Incorporation
Founding capital of €2,000, 100 shares · Founder: GRÜNEWALD David (comparant) · Appointment: GRÜNEWALD David (director) · published on 31-12-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PLUGINTO Molenbeek-Saint-Jean | €213,232 | €158,298 | 57.9% | - |
| Korchowiec Woluwe-Saint-Pierre | €224,332 | €140,238 | 52.7% | - |
| JACALS Services Ostend | €197,595 | €165,243 | 63.8% | - |
| BONANA België Heusden-Zolder | €186,770 | €154,609 | 63.9% | - |
| Care for Crisis Antwerp | €182,541 | €157,519 | 68.5% | - |
| NoJo Public Affairs Lennik | €205,334 | €193,046 | 72.0% | - |
| Cylopen Lokeren | €216,918 | €191,541 | 64.6% | - |
These companies have the same main activity as PLUGINTO: public relations and communication consultancy (NACE 73300). They are comparable in size and age: total assets between €183,000 and €224,000, founded between 2024 and 2025.
Official details
Source: KBO- Status
- Active since 27-12-2024Normal situation
- Activity
- Public relations and communication consultancyNACE 73300and 3 others
- Financial year end
- 31 December
- Peppol
- Reachable since 22-12-2025
Annual accounts 2025
- €158,298
- ≈ €290,000estimated
- €122,676
- €123,546▲ 142×
- €213,232▲ 245×
- Filing
- Filed on 29-10-2026
Insights on PLUGINTO
PLUGINTO has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €123,546 and a net result of €122,676.
Its solvency ranks better than 54% of 8,617 sector peers (NACE 73, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 29-10-2026, 90 days late€158,298
▲ €159,428
€157,484
▲ €158,614
€122,676
▲ €123,806
€121,409
57.9%
2.35
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €290,000. Estimated: probably between €220,000 and €580,000.
Balance sheet
balance sheet total €213,232 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
57.9%
Higher than 54% of 8,617 companies in 2025.
2.35
Higher than 55% of 8,293 companies in 2025.
57.5%
Higher than 93% of 8,402 companies in 2025.
PLUGINTO
Middle half of the sector
80% of the sector
Micro accounts in advertising and market research (NACE 73)
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
213,232 | 870 | |
21/28 |
2,136 | - | |
22/27 |
2,136 | - | |
24 |
2,136 | - | |
29/58 |
211,096 | 870 | |
40/41 |
68,781 | 170 | |
40 |
68,390 | - | |
41 |
391 | 170 | |
54/58 |
141,535 | 700 | |
490/1 |
779 | - | |
| Balance sheet: equity and liabilities | |||
10/49 |
213,232 | 870 | |
10/15 |
123,546 | 870 | |
10/11 |
2,000 | 2,000 | |
14 |
121,546 | -1,130 | |
17/49 |
89,686 | - | |
42/48 |
89,686 | - | |
44 |
44,461 | - | |
440/4 |
44,461 | - | |
45 |
43,225 | - | |
450/3 |
43,225 | - | |
47/48 |
2,000 | - | |
| Income statement | |||
9900 |
158,298 | -1,130 | |
630 |
12 | - | |
640/8 |
802 | - | |
9901 |
157,484 | -1,130 | |
65/66B |
670 | - | |
65 |
670 | - | |
9903 |
156,814 | -1,130 | |
67/77 |
34,138 | - | |
9904 |
122,676 | -1,130 | |
9905 |
122,676 | -1,130 | |
| Appropriation of the result | |||
9906 |
121,546 | -1,130 | |
14P |
-1,130 | - | |
| Document | |||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 29-10-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 90 days after the deadline. Filed on 29 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00595198.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 157,496 | - | ||
| 122,688 | - | ||
| 2,148 | - | ||
| 140,835 | - | ||
| 121,409 | - | ||
| 57.9% | - | ||
| 2.35 | - | ||
| 0.73 | - | ||
| 99.3% | - | ||
| 57.5% | - | ||
| over 100 | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 |
|---|---|---|
| Tangible fixed assets | €2,148 | - |
| €12 | - |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on PLUGINTO
The operating result for 2025 is a profit of €157,484, after a loss of €1,130 in 2024.
Debt's share of the balance-sheet total is 42.1%.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
since 27-12-2023
term without a fixed end
listed in the 2025 annual accounts, filed on 29-10-2026
Mandates through the years
1 name, the dashed line is todayGRÜNEWALD David
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- GRÜNEWALD David
- Director (not named in the articles), from 27-12-2023 to date
Control
Capital
- Contribution
- €2,000
- Shares
- 100
- Contribution per share
- €20
- Equity per share
- €1,235 in 2025
- Source
- deed of 31-12-2024
Articles of association
deed of 31-12-2024 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- 1 director
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Tenus solliciter agrément mêmes formalités si ne deviennent pas plein droit actionnaires, même prix et expertise en cas refus agrément…”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Second Friday of June at 19:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one.
- No statutory auditor
Shareholders
At incorporation
deed of 31-12-2024 ↗
- GRÜNEWALD David 100 shares (100%) · €2,000 in cash
Network & group
No group
PLUGINTO has no parent and no holdings in its annual accounts. GRÜNEWALD David is the only director. PLUGINTO shares no director with another company.
At the same address
Vrijheidslaan 96, 1080 Molenbeek-Saint-Jean · 2 other companies| David Grunewald
registered office since 01-04-2011 |
founded in 2011 0834.849.306 |
| ACP Immeuble à 1080 Molenbeek St Jean, avenue de la Liberté 96
registered office since 19-09-1995 |
founded in 1995 1004.550.608 |
Timeline
Timeline
6 events since 2024Filings
Financial
202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 90 days late
2025
Back to profit net €122,676 The net result is €122,676, after one loss-making year.
Equity above €100,000 equity €123,546 ▲14,105% Equity rises from €870 to €123,546.
Registered in the Peppol Directory Reachable for e-invoices through 0208:1017993818
Annual accounts 2024 filed NBBmicro format · 15 days before the deadline
2024
IncorporationFounding capital of €2,000, 100 shares · Founder: GRÜNEWALD David (comparant) · Appointment: GRÜNEWALD David (director) · published on 31-12-20245 points ▸
- Founder, GRÜNEWALD David (comparant)
- Founding capital, €2,000, 100 shares
- 100 shares
- Registered office clause, Avenue de la Liberté 96, 1080 Molenbeek-Saint-Jean
- Director appointment, GRÜNEWALD David (director (not named in the articles))
- The deed holds 2 more points.
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
PLUGINTO was incorporated on 27 December 2024 as a private limited company by one natural person, with a starting capital of €2,000.12 Since 2023, GRÜNEWALD David has served as director.3 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3
Company details
Identity
- Enterprise number
- 1017.993.818
- VAT number
- BE 1017.993.818
- Peppol ID
- 0208:1017993818
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 27-12-2024
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Second Friday of June at 19:00deed of 31-12-2024 (in French)
- Peppol
- Reachable since 22-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- PLUGINTO in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 31-12-2024 (in French)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Région de Bruxelles-Capitale ou Région Wallonne”deed of 31-12-2024 (in French)
Activities
NACEBEL 202573300
Public relations and communication consultancy main activity
62100
Computer programming
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Conseil en intelligence artificielle et transformation digitale; Conseil en stratégie d’entreprise et optimisation des processus; Conseil en…”deed of 31-12-2024 (in French)
44 activities
- Conseil en intelligence artificielle et transformation digitale
- Conseil en stratégie d’entreprise et optimisation des processus
- Conseil en marketing,communication et publicité
- Accompagnement dans l’implémentation de solutions digitales
- Conseil et Consultance
- Conseil en systèmes et logiciels informatiques (IA et solutions digitales)
- Conseil pour les affaires et autres conseils de gestion
- Conseil en relations publiques et en communication
- Autres activités spécialisées,scientifiques et techniques
- Organisation et animation de formations professionnelles
- Conception et animation de workshops
- Formation aux outils d’intelligence artificielle
- Formation en marketing digital et communication
- Formation professionnelle
- Autres formes d’enseignement
- La société a également pour objet,l’installations et maintenances des télécommunications et d'installations informatiques (téléphonie,vidéophonie,réseaux et toutes autres formes de communication numérique)
- Les travaux d'installation électrotechnique de bâtiment
- La programmation informatique et autres activités informatique (de gestions et de conseils)
- La société aura aussi pour objet les travails liés à la fibre optique (Installation,dépannage,réparation)
- La gestion d'installations informatiques,le développement de logiciels informatique,la formation de personnes ou groupes à tout logiciel ou installation se rapportant à la télécommunication
- L'achat,la vente,l'importation,l'exportations,la mise ou la prise en locations,même à long terme ou en leasing ainsi que la conception,la création le conseil,la fabrication,l'enregistrement et l'édition de tout ce qui se rattache directement ou indirectement,essentiellement ou accessoirement à l'informatique,hardware,software,installation téléphonique,de réseaux et autres forme numérique
- Le traitement de données,hébergement et activités connexes
- La consultance en matière informatique
- Elle pourra réaliser son objet social,en tous lieux,de toutes les manières et suivant les modalités qui lui paraîtront les mieux appropriées,soit par exploitation directe,soit en s’intéressant dans les entreprises analogues ou apparentées entièrement ou artificiellement soit par voie de fusion avec de telles entreprises belges ou étrangères
- Elle peut agir comme intermédiaire pour la réalisation des projets d’investissements ou de financements internationaux
- Elle pourra d’une façon générale faire en Belgique et à l’étranger tous actes de transaction ou opérations commerciales,financières,mobilières ou immobilières,se rapportant directement ou indirectement,en tout ou en partie,à son objet social ou qui seraient de nature à en faciliter ou en développer la réalisation
- Développement de solutions basées sur l’intelligence artificielle
- Création et production de contenus publicitaires
- Conception et réalisation de campagnes marketing
- Production de contenus audiovisuels et multimédias
- Programmation informatique (solutions IA)
- Activités des agences de publicité
- Études de marché et sondages
- Production de films,vidéos et programmes pour la télévision
- Les activités de programmation informatique
- L'exploitation de sites e-commerce
- Le commerce sous toutes ses formes en ce compris IT,Internet,achat et vente en ligne,etc
- Le conseil stratégique en transformation digitale
- Toutes autres conseils aux entreprises
- L’activité de conseil d’affaires,juridique et financier,et de gestion des entreprises
- L’activité relative à l’emploi,au recrutement,aux agences de travail temporaire ou d’intérim,toute activité de recherche et de placement de cadres (« chasseur de têtes »)
- La consultance en matière de ressources humaines,de relations publiques et de communication
- L’activité de services dans le domaine de la gestion de projets,du marketing,de la communication,de la logistique,du sponsoring,de la publicité,de la gestion d'entreprise,la formation,la réalisation d'études stratégiques ainsi que l'étude de projets et leur mise en place
- La consultance,les conseils et le soutien aux entreprises,sociétés,personnes physiques,associations,administrations,et en général,toutes personnes physiques ou morales,dans le sens le plus large
Registered office and establishments
| Vrijheidslaan 96 registered office 1080 Molenbeek-Saint-Jean |
Buildings and parcels at the address
- Ground area
- 347 m²
- Buildings
- 107 m²
- Volume, LiDAR
- 1,392 m³
- Tallest building
- 15.4 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21526D0067/02D003 | 347 m² | 1 · 107 m² | 15.4 m · 4 |