Turnover
≈ €150,000 estimated
The micro format states no turnover.
PlumbTech Solutions
Lifetime
1 annual account with figurespeak €17,340 (2025)
€17,340
peak €13,393 (2025)
€13,393
peak €13,393 (2025)
€13,393
€10,812
Board1 name since 2025
1 directorBUSUIOC Ovídiusz
Documentsfilings and deeds
29-07-20262 days before the deadline
2025micro format
Incorporation 10-011 establishment registeredFirst year with figures
Key points
from the 2025 annual accountsStarting capital
€5,000 100 shares
Position in the sector
€13,393
Less equity than 80% of companies in specialised construction. Sector median €57,691 · 35,148 companies.
Checked score
69
Healthy
Financially stronger than 69% of micro companies in specialised construction (NACE 43)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
02-2026: 1.9%
03-2026: 1.9%● unchanged vs 02-2026
04-2026: 2.0%▲ +0.1 percentage points vs 03-2026
05-2026: 2.4%▲ +0.4 percentage points vs 04-2026
06-2026: 2.4%● unchanged vs 05-2026
07-2026: 2.7%▲ +0.3 percentage points vs 06-2026highest value
08-2026: 0.8%▼ -1.9 percentage points vs 07-2026lowest value
09-2026: 0.8%● unchanged vs 08-2026
10-2026: 0.8%● unchanged vs 09-2026
11-2026: 0.8%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Size: total assets €24,206
Founded in 2025
lowers risk
Liquidity: current ratio 1.74, cash €5,650
Equity €13,393 (55.3% 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 43, micro). It does better than 60% of them on solvency, 55% on liquidity and 92% on profitability.
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, 11,279 companies had the same profile as PlumbTech Solutions 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 PlumbTech Solutions itself: 0.8% 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 11,279 companies, not a prediction for PlumbTech Solutions. 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 €500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.74, above the usual 1.5. Short-term debt is 44.4% and cash 23.3% of total assets. 44.7% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 29-07-2026, 2 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
2 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1018397258
Incorporation
Founding capital of €5,000, 100 shares · Founder: BUSUIOC Ovídiusz (comparant) · Appointment: BUSUIOC Ovídiusz (director) · published on 10-01-2025 · Gazette deed
First establishment
Pastoriestraat 216, Bruges
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PlumbTech Solutions Bruges | €24,206 | €17,340 | 55.3% | - |
| H-Group Zonhoven | €24,604 | €17,860 | 58.5% | - |
| Bat Concept Construct Asse | €23,895 | €19,847 | 65.0% | - |
| NOKS Wemmel | €24,952 | €14,124 | 44.9% | - |
| PEV COMPANY Molenbeek-Saint-Jean | €23,023 | €21,577 | 74.2% | - |
| ALLmi Zwevegem | €24,991 | €23,199 | 73.7% | - |
| GV-RTS Bredene | €31,397 | €21,070 | 63.8% | - |
These companies have the same main activity as PlumbTech Solutions: plumbing work (NACE 43221). They are comparable in size and age: total assets between €23,000 and €31,400, founded between 2024 and 2025.
Official details
Source: KBO- Status
- Active since 08-01-2025Normal situation
- Activity
- Plumbing workNACE 43221and 2 others
- Establishment unit
- 2.368.655.5698200 Bruges, since 08-01-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 06-10-2025
Annual accounts 2025
- €24,206
- Filing
- Filed on 29-07-2026, 2 days before the end of the filing period
Insights on PlumbTech Solutions
PlumbTech Solutions has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €13,393 and a net result of €13,393.
Its solvency ranks better than 60% of 35,136 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
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 PlumbTech Solutions
- What is the company number of PlumbTech Solutions?
- The company number of PlumbTech Solutions is 1018.397.258. The VAT number is the same number with BE in front: BE 1018.397.258.
- Where is PlumbTech Solutions based?
- The registered office is at Pastoriestraat 216, 8200 Bruges.Company details
- What does PlumbTech Solutions do?
- According to the KBO register, the main activity is plumbing work (NACE 43221).
- What is the legal form of PlumbTech Solutions?
- PlumbTech Solutions is a private limited company (BV).
- When was PlumbTech Solutions founded?
- PlumbTech Solutions was founded on 08-01-2025.
- Is PlumbTech Solutions still active?
- Yes, PlumbTech Solutions is an active enterprise in the KBO register.
- What is the turnover of PlumbTech Solutions?
- The turnover in financial year 2025 is ≈ €150,000. This figure is estimated from the gross margin of €17,340 and 37 comparable companies (NACE 43221). It probably lies between €110,000 and €320,000. It is a rough estimate.Financials
- Is PlumbTech Solutions profitable?
- In financial year 2025, PlumbTech Solutions made a profit of €13,393.
- Where can I find the annual accounts of PlumbTech Solutions?
- PlumbTech Solutions filed 1 annual account with the National Bank of Belgium, for financial year 2025.
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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