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PLUMM

Active
Private limited company (pre-2019)founded 201016 yrs activeVilain XIIII-straat 53-55, 1000 Brussel, BelgiumKBO/BCE: BE 0824.628.870
Summary

The computed 12-month bankruptcy probability of PLUMM is 2.7% (moderate). The 2024 annual accounts show equity of €231,730 and a net result of €11,987. Equity is growing by ~17.9% per year across the filed fiscal years. Its solvency ranks better than 69% of 1765 sector peers (fiscal year 2024). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2022
Profitability37▼-63
Solvency67▲+3
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
2.7% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €10,000 at 30 days acceptable
Liquidity ample (current ratio 1.69 against 1.55 in 2022; short-term debt: 57.6% and cash: 7.3% of total assets), but 57.6% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 16 years 0 20 y
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
61 d late
2022
71 d late
2021
77 d late
2020
28 d late
2019
88 d late
2018
20 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 58 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

PLUMM was incorporated on 2 April 2010.1 Total assets rose from EUR 248,140 in 2018 to EUR 546,064 in 2024 and headcount from 7.3 to 9 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, full schema

Source amounts without an identifiable currency are assumed to be EUR.

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€11,987▼ 90.7%
2022 · €129,380
Working capital
€218,162▲ 48.3%
2022 · €147,113
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20192020202120222024
Operating result€34,084▼ 60.5%€31,000▼ 9.0%€38,687▲ 24.8%€131,799▲ 241%€14,308-
Net result€21,631▼ 74.1%€25,705above the sector's middle half▲ 18.8%€41,135within the sector's middle half▲ 60.0%€129,380above the sector's middle half▲ 215%€11,987within the sector's middle half-
Equity€96,938▲ 28.7%€122,643above the sector's middle half▲ 26.5%€163,778within the sector's middle half▲ 33.5%€173,159within the sector's middle half▲ 5.7%€231,730within the sector's middle half-
Total assets€321,295▲ 29.5%€312,118within the sector's middle half▼ 2.9%€352,978within the sector's middle half▲ 13.1%€442,362within the sector's middle half▲ 25.3%€546,064within the sector's middle half-
Debt€224,357▲ 29.8%€189,474▼ 15.5%€189,199▼ 0.1%€269,203▲ 42.3%€314,334-
Working capital€165,164▲ 402%€106,356above the sector's middle half▼ 35.6%€184,185above the sector's middle half▲ 73.2%€147,113above the sector's middle half▼ 20.1%€218,162above the sector's middle half-
Solvency30.2%▼ 0.2pp39.3%within the sector's middle half▲ 9.1pp46.4%within the sector's middle half▲ 7.1pp39.1%within the sector's middle half▼ 7.3pp42.4%within the sector's middle half-
Current ratio2.34▲ 1.151.61within the sector's middle half▼ 0.732.28above the sector's middle half▲ 0.661.55within the sector's middle half▼ 0.731.69above the sector's middle half-
Return on assets (ROA)6.7%▼ 26.9pp8.2%within the sector's middle half▲ 1.5pp11.7%within the sector's middle half▲ 3.4pp29.2%above the sector's middle half▲ 17.6pp2.2%within the sector's middle half-
Staff (FTE)8.1▲ 11.0%8.4within the sector's middle half▲ 3.7%8.7within the sector's middle half▲ 3.6%8.9within the sector's middle half▲ 2.3%9within the sector's middle half-
above within below the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
€0€50,000€100,000€150,000Operating result 2019: €34,084€34,084Net result 2019: €21,631€21,631Operating result 2020: €31,000€31,000Net result 2020: €25,705€25,705Operating result 2021: €38,687€38,687Net result 2021: €41,135€41,135Operating result 2022: €131,799€131,799Net result 2022: €129,380€129,380Operating result 2024: €14,308€14,308Net result 2024: €11,987€11,98720192020202120222024€0€50,000€100,000€150,000Operating result 2021: €38,687€38,700Net result 2021: €41,135€41,100Operating result 2022: €131,799€132,000Net result 2022: €129,380€129,000Operating result 2024: €14,308€14,300Net result 2024: €11,987€12,000202120222024
The operating result is €14,308 in 2024, compared with €131,799 in 2022. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2024 in colour, 2022 as the grey bar beneath
Assets €546,064
Fixed assets €13,568 ▼ 47.9%
Current assets €532,496 ▲ 27.9%
Equity and liabilities €546,064
Equity €231,730 ▲ 33.8%
Debt €314,334 ▲ 16.8%
Debt's share of the balance-sheet total falls from 60.9% to 57.6%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2022
EBITDA
€19,752▼
2022 · €139,660
Cash flow
€17,431▼
2022 · €137,241
Quick ratio
1.68▲
2022 · 1.54
Debt to equity
1.36▼
2022 · 1.55
ROE
5.2%▼
2022 · 74.7%
Interest coverage
1.83▼
2022 · 15.87
Debt ≤ 1 year
€314,334▲
2022 · €269,203
Income taxes
€6,104▲
2022 · €4,214
Staff costs
€529,122▲
2022 · €444,783
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 10,905 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.6% went bankrupt
4.0% stopped otherwise
95% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 10,905 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2022 · 49 lines
Balance sheet Code20222024
Assets
Total assets20/58€442,362€546,064▲
Fixed assets21/28€26,046€13,568▼
Tangible fixed assets22/27€26,046€13,568▼
Plant, machinery and equipment23€3,651-
Furniture and vehicles24€11,075€10,141▼
Other tangible fixed assets26€11,320€3,427▼
Current assets29/58€416,315€532,496▲
Stocks and contracts in progress3€1,327€2,881▲
Stocks30/36€1,327€2,881▲
Amounts receivable within one year40/41€386,776€487,169▲
Trade receivables40€26,109€26,423▲
Other amounts receivable41€360,666€460,746▲
Cash at bank and in hand54/58€27,604€40,107▲
Deferred charges and accrued income490/1€609€2,338▲
Equity and liabilities
Total equity and liabilities10/49€442,362€546,064▲
Equity10/15€173,159€231,730▲
Contributions10/11€20,000€20,000=
Reserves13€30,750€30,750=
Non-distributable reserves130/1€2,000€2,000=
Reserves not available under the articles1311€2,000€2,000=
Tax-exempt reserves132€28,750€28,750=
Profit (loss) carried forward14€122,409€180,980▲
Amounts payable17/49€269,203€314,334▲
Amounts payable within one year42/48€269,203€314,334▲
Current portion of amounts payable after more than one year42-€15,060
Trade debts44€75,476€153,826▲
Suppliers440/4€75,476€153,826▲
Taxes, remuneration and social security45€73,357€145,447▲
Taxes450/3€38,085€61,078▲
Remuneration and social security454/9€35,272€84,369▲
Other amounts payable47/48€120,370-
Income statement Code20222024
Remuneration, social security and pensions62€444,783€529,122▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,861€5,444▼
Other operating charges640/8€1,683€8,638▲
Gross operating margin9900€586,126€557,512▼
Operating profit (loss)9901€131,799€14,308▼
Financial income75/76B€10,594€14,596▲
Recurring financial income75€10,594€14,596▲
Financial charges65/66B€8,799€10,812▲
Recurring financial charges65€8,799€10,812▲
Profit (loss) for the period before taxes9903€133,595€18,092▼
Income taxes67/77€4,214€6,104▲
Profit (loss) for the period9904€129,380€11,987▼
Profit (loss) for the period to be appropriated9905€129,380€11,987▼
Appropriation of the result
Profit (loss) to be appropriated9906€242,409€180,980▼
Profit (loss) brought forward from the previous period14P€113,028€168,992▲
Profit to be distributed694/7€120,000-
Directors or managers695€120,000-
Social balance
Average headcount (FTE)90878.99.0▲

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192020202120222024Change
Remuneration, social security and pensions62--€201,953€444,783€529,122-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,473€8,087€7,681€7,861€5,444-
Other operating charges640/8--€1,063€1,683€8,638-
Gross operating margin9900€428,727€236,730€249,385€586,126€557,512-
Operating profit (loss)9901€34,084€31,000€38,687€131,799€14,308-
Financial income75/76B--€7,654€10,594€14,596-
Recurring financial income75€5,971€6,563€7,654€10,594€14,596-
Financial charges65/66B--€3,544€8,799€10,812-
Recurring financial charges65€9,529€4,810€3,544€8,799€10,812-
Profit (loss) for the period before taxes9903€30,527€32,753€42,798€133,595€18,092-
Income taxes67/77€8,896€7,047€1,663€4,214€6,104-
Profit (loss) for the period9904€21,631€25,705€41,135€129,380€11,987-
Profit (loss) for the period to be appropriated9905€21,631€25,705€41,135€129,380€11,987-
Line20192020202120222024Change
Assets
Total assets20/58€321,295€312,118€352,978€442,362€546,064-
Fixed assets21/28€32,984€32,274€24,593€26,046€13,568-
Tangible fixed assets22/27€32,984€32,274€24,593€26,046€13,568-
Plant, machinery and equipment23--€4,871€3,651--
Furniture and vehicles24--€4,455€11,075€10,141-
Other tangible fixed assets26--€15,266€11,320€3,427-
Current assets29/58€288,311€279,843€328,385€416,315€532,496-
Stocks and contracts in progress3€3,853€712€1,953€1,327€2,881-
Stocks30/36--€1,953€1,327€2,881-
Amounts receivable within one year40/41€261,670€265,606€311,431€386,776€487,169-
Trade receivables40--€11,109€26,109€26,423-
Other amounts receivable41--€300,322€360,666€460,746-
Cash at bank and in hand54/58€12,025€6,969€14,414€27,604€40,107-
Deferred charges and accrued income490/1--€587€609€2,338-
Equity and liabilities
Total equity and liabilities10/49€321,295€312,118€352,978€442,362€546,064-
Equity10/15€96,938€122,643€163,778€173,159€231,730-
Contributions10/11€20,000-€20,000€20,000€20,000-
Reserves13€30,750€30,750€30,750€30,750€30,750-
Non-distributable reserves130/1--€2,000€2,000€2,000-
Reserves not available under the articles1311--€2,000€2,000€2,000-
Tax-exempt reserves132--€28,750€28,750€28,750-
Profit (loss) carried forward14€46,188€71,893€113,028€122,409€180,980-
Amounts payable17/49€224,357€189,474€189,199€269,203€314,334-
Amounts payable within one year42/48€123,147€173,487€144,199€269,203€314,334-
Current portion of amounts payable after more than one year42----€15,060-
Trade debts44€57,787€105,712€98,142€75,476€153,826-
Suppliers440/4--€98,142€75,476€153,826-
Taxes, remuneration and social security45--€45,714€73,357€145,447-
Taxes450/3--€24,333€38,085€61,078-
Remuneration and social security454/9--€21,381€35,272€84,369-
Other amounts payable47/48--€343€120,370--
Accrued charges and deferred income492/3--€45,000---
Line20192020202120222024Change
Profit (loss) for the period9904€21,631€25,705€41,135€129,380€11,987-
+ Depreciation and write-downs630€12,473€8,087€7,681€7,861€5,444-
Operating cash flow (approximation)€34,103€33,793€48,817€137,241€17,431-
Investment in fixed assets (approximation)--€7,378€0-€9,314--
Change in cash--€5,055€7,445€13,189--

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
30-09
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 61 days late
2024
31-12
Financial Weakest financial yearnet €11,987 ▼90.7%
Net result drops to €11,987, the lowest in the series.
31-12
Financial Equity above €200,000Eq €231,730 ▲33.8%
6 profitable years in a row build equity to €231,730.
2023
10-10
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 71 days late
2022
31-12
Financial Highest result since 2018net €129,380 ▲215%
Operating result €131,799, net result €129,380, both a record.
16-10
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 77 days late
2021
31-12
Financial Equity above €150,000Eq €163,778 ▲33.5%
4 profitable years in a row build equity to €163,778.
28-08
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 28 days late
2020
31-12
Financial Equity above €100,000Eq €122,643 ▲26.5%
3 profitable years in a row build equity to €122,643.
27-10
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 88 days late
2019
20-08
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 20 days late
2018
21-08
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 21 days late
Show earlier events
2017
27-07
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
10-07
NBB filing Annual accounts filed
fiscal year 2015 · full schema
2015
01-07
NBB filing Annual accounts filed
fiscal year 2014 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2010
seat establishment The establishment unit on the map
Ground area
259 m²
Building footprint
209 m²
Volume, LiDAR
6,216 m³
Parcel 21807G0177/00P004, Brussels · tallest building 34.4 m, ±10 floors. Linked by address, not a title deed.
1 establishment unit
KOKUBAN
Vilain XIIII-straat 53-55, 1000 BrusselFood and beverage service activities
since 20102.191.771.022
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21807G0177/00P004 Brussels 259 m² 1 · 209 m² 34.4 m · 10 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 owner

Chain of control

  1. KOKUBAN HOLDING 99%
  2. PLUMM

Highest known parent: KOKUBAN HOLDING. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Brussel2.191.771.022
1 permission
Toelating · Eetgelegenheid · since 25-10-2010

Similar companies · same sector, comparable size

Of 21,859 companies in sector 56112 we hold annual accounts for 9,782. 6,342 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded02-04-2010
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
56210Event catering
E-invoicing
Reachable via Peppol
Peppol ID 0208:0824628870
Registered 02-01-2026

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.