Equity
-€8,310
Debts exceed assets in financial year 2025.
PLUGZOO
Lifetime
6 annual accounts with figures on one time axispeak €3,117 (2025)
€3,117▲ 22×
lowest -€14,110 (2020)
€1,507▲ €3,477
peak €890 (2020)
-€8,310▲ €1,507
€11,560▼ 8.7%
Board2 names since 2019
2 directorsCULOT Grégory Cédric Elie and 1 other
Documentsfilings and deeds
06-07-202625 days before the deadline
2025micro format
Gross margin from €144 to €3,117Back to profit: €1,507Equity from -€9,817 to -€8,310Cash from €1,347 to €3,203
Key points
from the 2025 annual accountsFilings
6 annual accounts 2 late
The 2023 accounts came latest: 61 days after the end of the period.
Position in the sector
-255.7%
Lower solvency than 95% of companies in repair and installation of machinery. Sector median 45.4% · 1,698 companies.
Checked score
55
Fair
Financially stronger than 48% of micro companies in repair and installation of machinery (NACE 33)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 2,397 companies (NACE 33, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.1%
01-2025: 2.1%● unchanged vs 12-2024
02-2025: 2.1%● unchanged vs 01-2025
03-2025: 2.1%● unchanged vs 02-2025
04-2025: 2.1%● unchanged vs 03-2025
05-2025: 2.1%● unchanged vs 04-2025
06-2025: 2.1%● unchanged vs 05-2025
07-2025: 2.2%▲ +0.1 percentage points vs 06-2025
08-2025: 2.8%▲ +0.6 percentage points vs 07-2025highest value
09-2025: 1.5%▼ -1.3 percentage points vs 08-2025
10-2025: 1.4%▼ -0.1 percentage points vs 09-2025
11-2025: 1.5%▲ +0.1 percentage points vs 10-2025
12-2025: 1.5%● unchanged vs 11-2025
01-2026: 1.5%● unchanged vs 12-2025
02-2026: 1.5%● unchanged vs 01-2026
03-2026: 1.4%▼ -0.1 percentage points vs 02-2026
04-2026: 1.4%● unchanged vs 03-2026
05-2026: 1.4%● unchanged vs 04-2026
06-2026: 1.4%● unchanged vs 05-2026
07-2026: 1.4%● unchanged vs 06-2026
08-2026: 1.0%▼ -0.4 percentage points vs 07-2026lowest value
09-2026: 1.0%● unchanged vs 08-2026lowest value
10-2026: 1.0%● unchanged vs 09-2026lowest value
11-2026: 1.0%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Capped at 59: negative equity
Negative equity -€8,310
1 of the last 3 accounts late
lowers risk
Liquidity: current ratio 0.28, cash €3,203
Size: total assets €3,250
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 33, micro). It does better than 3% of them on solvency, 43% on liquidity, 90% on profitability and 57% on growth.
The bankruptcy probability was computed on 09-11-2026 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 low class on 30-06-2025, 0.8% 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, 2,180 companies had the same profile as PLUGZOO has now. Each dot stands for 6 companies, two years later.
88.7%
were still trading
5.8%
stopped another way
4.8%
went bankrupt
Another 0.7% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of PLUGZOO itself: 1.0% within 12 months.
Test of the method
The method was tested on the 497,447 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 2,180 companies, not a prediction for PLUGZOO. 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
No credit on open account
The balance sheet total is too small for a liquidity verdict. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 1698 sector peers (2025).
NBB · sector comparisonPosition among 1698 sector peers
Solvency
better than 5%
← weakest
strongest →
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 06-07-2026, 25 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
25 days early
2024
18 days late
2023
61 days late
2022
35 days early
2021
11 days early
2020
12 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 1 day before the deadline. In the sector (NACE 33), 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 20 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- PETERSON Sébastien Steven founderdeed of 22-07-2019
- CULOT Grégory Cédric Elie founderdeed of 22-07-2019
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0730842045
Registered office moved from Brussels to Blegny
New registered office: rue del'No 7, 4671 Blegny (Housse) · Previous registered office: avenue Arnaud Fraiteur, 15-23 - boîte 9, 1050 Bruxelles (Ixelles) · Board meeting of 10-11-2021 · Gazette deed
First establishment
Arnaud Fraiteurlaan 15-23, Ixelles
Incorporation
Founders: PETERSON Sébastien Steven and CULOT Grégory Cédric Elie · 1,000 shares · Appointments: PETERSON Sébastien Steven (director) and CULOT Grégory Cédric Elie (director) · published on 22-07-2019 · Gazette deed
Comparable companies
same main activity, similar in size and ageThese companies have the same main activity as PLUGZOO: installation of industrial machinery and equipment (NACE 33200). They are comparable in size and age: total assets between €2,180 and €12,600, founded between 2013 and 2022.
Official details
Source: KBO- Status
- Active since 18-07-2019Normal situation
- Activity
- Installation of industrial machinery and equipmentNACE 33200and 2 others
- Establishment unit
- 2.291.699.1351050 Ixelles, since 01-08-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 20-12-2025
Annual accounts 2025
- ≈ €24,000estimated
- €3,250▲ 14.3%
- Filing
- Filed on 06-07-2026, 25 days before the end of the filing period
Insights on PLUGZOO
PLUGZOO files the micro format. That format states no turnover. The gross margin rose from -€13,027 in 2020 to €3,117 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about PLUGZOO
- What is the company number of PLUGZOO?
- The company number of PLUGZOO is 0730.842.045. The VAT number is the same number with BE in front: BE 0730.842.045.
- Where is PLUGZOO based?
- The registered office is at Rue del'No 7, 4671 Blegny.Company details
- What does PLUGZOO do?
- According to the KBO register, the main activity is installation of industrial machinery and equipment (NACE 33200).
- What is the legal form of PLUGZOO?
- PLUGZOO is a private limited company (BV).
- When was PLUGZOO founded?
- PLUGZOO was founded on 18-07-2019.
- Is PLUGZOO still active?
- Yes, PLUGZOO is an active enterprise in the KBO register.
- What is the turnover of PLUGZOO?
- The turnover in financial year 2025 is ≈ €24,000. This figure is estimated from the gross margin of €3,117 and 6,299 comparable companies of the same size. It probably lies between €11,000 and €57,000. It is a rough estimate.Financials
- Is PLUGZOO profitable?
- In financial year 2025, PLUGZOO made a profit of €1,507.
- Where can I find the annual accounts of PLUGZOO?
- PLUGZOO filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PLUGZOO due?
- PLUGZOO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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