PlumbTech Solutions
ActiveSummary
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 34,718 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Overview
- Equity
- €13,393
- Profit
- €13,393
Why 70raises riskSize: total assets €24,206Founded in 2025lowers riskLiquidity: current ratio 1.74, cash €5,650Equity €13,393 (55.3% of total assets)Show the evidence
Checked score
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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): better than 60% on solvency, 55% on liquidity and 92% on profitability.
The bankruptcy probability was computed on 25-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · micro…
- IncorporationAppointment: BUSUIOC Ovídiusz (director) ·…
Financials · financial year 2025, micro format
Turnover and EBIT margin not published: the micro format does not require them.
Peer companies
Historical observationOf the 11,280 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.
- Micro
- under 2 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of 0.8% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 11,280 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2025 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €529 |
| Other operating charges640/8 | €872 |
| Gross operating margin9900 | €17,340 |
| Operating profit (loss)9901 | €15,939 |
| Financial charges65/66B | €96 |
| Recurring financial charges65 | €96 |
| Profit (loss) for the period before taxes9903 | €15,843 |
| Income taxes67/77 | €2,450 |
| Profit (loss) for the period9904 | €13,393 |
| Profit (loss) for the period to be appropriated9905 | €13,393 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €24,206 | |
| Fixed assets21/28 | €5,471 | |
| Intangible fixed assets21 | €924 | |
| Tangible fixed assets22/27 | €4,546 | |
| Plant, machinery and equipment23 | €3,698 | |
| Furniture and vehicles24 | €849 | |
| Current assets29/58 | €18,735 | |
| Stocks and contracts in progress3 | €318 | |
| Stocks30/36 | €318 | |
| Amounts receivable within one year40/41 | €12,767 | |
| Trade receivables40 | €10,530 | |
| Other amounts receivable41 | €2,237 | |
| Cash at bank and in hand54/58 | €5,650 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €24,206 | |
| Equity10/15 | €13,393 | |
| Contributions10/11 | €5,000 | |
| Reserves13 | €8,393 | |
| Distributable reserves133 | €8,393 | |
| Amounts payable17/49 | €10,812 | |
| Amounts payable within one year42/48 | €10,746 | |
| Trade debts44 | €4,549 | |
| Suppliers440/4 | €4,549 | |
| Taxes, remuneration and social security45 | €2,450 | |
| Taxes450/3 | €2,450 | |
| Other amounts payable47/48 | €3,747 | |
| Accrued charges and deferred income492/3 | €66 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €13,393 |
| + Depreciation and write-downs630 | €529 |
| Operating cash flow (approximation) | €13,923 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 29-07-2026 | 2026-00360118 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| BUSUIOC Ovídiusz |
|
Owners and capital
Capital and shareholders
- BUSUIOC Ovídiusz 100 shares (100%) · €5,000 in cash
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 10-01-2025 Incorporation · €5,000 · 100 shares
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
10-01
Gazette deed
IncorporationAppointment: BUSUIOC Ovídiusz (director) · Permanent representative: BUSUIOC Ovídiusz · Founder7 facts ▸
- Incorporation, 07-01-2025
- Founder, BUSUIOC Ovídiusz (comparant)
- Founding capital, €5,000
- Pre-incorporation commitments, “takeover, alle verbintenissen en verplichtingen die eruit voortvloeien en alle activiteiten ondernomen in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)
- Registered office clause, “8200 Brugge (Sint-Andries),Pastoriestraat 216” (deed in Dutch)
- Director appointment, BUSUIOC Ovídiusz (director (not named in the articles))
- Permanent representative, BUSUIOC Ovídiusz (vaste vertegenwoordiger van huidige vennootschap)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 26 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 1018.397.258
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 31425C0166/00B005 | Flanders | 314 m² | 1 · 128 m² | 10.1 m · 1 |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- PlumbTech Solutions
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, bestuursorgaan” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, register van aandelen op naam” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
- Share issue ruleHow and by whom new shares can be issued.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Friday of June at 19:00
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, algemene vergadering” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Bevoegdheden te omlijnen, recht van algemene vergadering om één of meerdere vereffenaars aan te duiden” (deed in Dutch)