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PLUI

Active
Private limited companyfounded 2023active for 3 yearsLaarstraat 38, 1910 Kampenhout, BelgiumKBO/BCE: BE 0805.732.577

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 22-06-2026 at the NBB all 2 filings

Equity
-€15,617▼ 103%
2024 · -€7,681
Total assets
€4,056▲ 88.7%
2024 · €2,149
Net result
-€7,936▲ 55.1%
2024 · -€17,681
Working capital
-€14,048▼ 128%
2024 · -€6,160
Multi-year overview
2024 to 2025, 2 financial years
Operating result
-€7,758
▲ 55.7% 2025
20242025
Net result
-€7,936
▲ 55.1% 2025
lowest quarter of the sector
20242025
Equity
-€15,617
▼ 103% 2025
lowest quarter of the sector
20242025
Total assets
€4,056
▲ 88.7% 2025
lowest quarter of the sector
20242025
Debt
€19,673
▲ 100% 2025
20242025
Working capital
-€14,048
▼ 128% 2025
lowest quarter of the sector
20242025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result-€17,518--€7,758▲ 55.7%
Net result-€17,681below the sector's middle half--€7,936below the sector's middle half▲ 55.1%
Equity-€7,681below the sector's middle half--€15,617below the sector's middle half▼ 103%
Total assets€2,149below the sector's middle half-€4,056below the sector's middle half▲ 88.7%
Debt€9,831-€19,673▲ 100%
Working capital-€6,160within the sector's middle half--€14,048below the sector's middle half▼ 128%
above within below The sector band is the middle half of the companies in Retail trade (NACE 47). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2025 is a loss of €7,758, smaller than the loss of €17,518 in 2024.

Turnover and EBIT margin are not published. The micro format does not require them.

Key figures and ratios
2025 value · change against 2024
Debt ≤ 1 year
€18,103▲
2024 · €8,309
The ratios are withheld because a balance sheet total of €4,056 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Subsidies and aid

Flemish government

2025 · 1 entry · €1,797 awarded · €1,797 paid
Schemes
1 entry · €1,797 · €1,797 paid · Fonds voor Innoveren en Ondernemen
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 26 lines
Balance sheet Code20242025
Assets
Total assets20/58€2,149€4,056▲
Current assets29/58€2,149€4,056▲
Amounts receivable within one year40/41€170€2,107▲
Trade receivables40-€1,909
Other amounts receivable41€170€198▲
Cash at bank and in hand54/58€1,979€1,949▼
Equity and liabilities
Total equity and liabilities10/49€2,149€4,056▲
Equity10/15-€7,681-€15,617▼
Contributions10/11€10,000€10,000=
Profit (loss) carried forward14-€17,681-€25,617▼
Amounts payable17/49€9,831€19,673▲
Amounts payable within one year42/48€8,309€18,103▲
Trade debts44€200€1,792▲
Suppliers440/4€200€1,792▲
Other amounts payable47/48€8,109€16,311▲
Accrued charges and deferred income492/3€1,522€1,569▲
Income statement Code20242025
Other operating charges640/8€931€400▼
Gross operating margin9900-€16,586-€7,358▲
Operating profit (loss)9901-€17,518-€7,758▲
Financial charges65/66B€164€178▲
Recurring financial charges65€164€178▲
Profit (loss) for the period before taxes9903-€17,681-€7,936▲
Profit (loss) for the period9904-€17,681-€7,936▲
Profit (loss) for the period to be appropriated9905-€17,681-€7,936▲
Appropriation of the result
Profit (loss) to be appropriated9906-€17,681-€25,617▼
Profit (loss) brought forward from the previous period14P--€17,681

The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 22-06-2026.

Line20242025Change
Other operating charges640/8€931€400▼ 57.1%
Gross operating margin9900-€16,586-€7,358▲ 55.6%
Operating profit (loss)9901-€17,518-€7,758▲ 55.7%
Financial charges65/66B€164€178▲ 8.6%
Recurring financial charges65€164€178▲ 8.6%
Profit (loss) for the period before taxes9903-€17,681-€7,936▲ 55.1%
Profit (loss) for the period9904-€17,681-€7,936▲ 55.1%
Profit (loss) for the period to be appropriated9905-€17,681-€7,936▲ 55.1%
Line20242025Change
Assets
Total assets20/58€2,149€4,056▲ 88.7%
Current assets29/58€2,149€4,056▲ 88.7%
Amounts receivable within one year40/41€170€2,107▲ 12×
Trade receivables40-€1,909-
Other amounts receivable41€170€198▲ 16.3%
Cash at bank and in hand54/58€1,979€1,949▼ 1.5%
Equity and liabilities
Total equity and liabilities10/49€2,149€4,056▲ 88.7%
Equity10/15-€7,681-€15,617▼ 103%
Contributions10/11€10,000€10,000=
Profit (loss) carried forward14-€17,681-€25,617▼ 44.9%
Amounts payable17/49€9,831€19,673▲ 100%
Amounts payable within one year42/48€8,309€18,103▲ 118%
Trade debts44€200€1,792▲ 796%
Suppliers440/4€200€1,792▲ 796%
Other amounts payable47/48€8,109€16,311▲ 101%
Accrued charges and deferred income492/3€1,522€1,569▲ 3.1%
Line20242025Change
Profit (loss) for the period9904-€17,681-€7,936▲ 55.1%
Operating cash flow (approximation)-€17,681-€7,936▲ 55.1%
Change in cash--€30-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Historical observation

In July 2024, 7,639 companies had the same profile as PLUI has now. Two years later, 84.8% were still going and 8.8% had gone bankrupt.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
84.8% was still going
5.6% stopped otherwise
8.8% went bankrupt

Another 0.7% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of PLUI itself is lower: 1.3% within 12 months. It rests on far more data about PLUI than the profile alone.

Test of the method

The method was tested on the 497,446 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 7,639 companies, not a prediction for PLUI. 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.

Filings with the National Bank (2)
Financial year Type Filed Reference Document
31-12-2025 micro format 22-06-2026 2026-00180198 PDF
31-12-2024 micro format 30-06-2025 2025-00194400 PDF

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