PLUS
ActiveSummary
PLUS has been active since 1981 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €50,832 and a net result of €5,717. Equity is growing by ~6.8% per year across the filed fiscal years. Its solvency ranks better than 62% of 6537 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability50▲+8
Solvency69▲+3
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
Liquidity ample (current ratio 1.75 against 1.67 in 2023; short-term debt: 56.5% and cash: 33% of total assets), but 56.5% 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
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
43.5%
Return on assets
4.9%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-07-2025, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
24 d early
2023
12 d late
2022
122 d late
2021
17 d early
2020
46 d early
2019
46 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 16 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€5,717▲ 194%
2023 · €1,942
Working capital
€49,644▲ 13.0%
2023 · €43,927
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, 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
Line20202021202220232024
Operating result€10,783▲ 34.9%€4,837▼ 55.1%€5,019▲ 3.8%€7,608▲ 51.6%€10,998▲ 44.6%
Net result€5,498within the sector's middle half▲ 163%€1,433below the sector's middle half▼ 73.9%€1,550within the sector's middle half▲ 8.2%€1,942within the sector's middle half▲ 25.3%€5,717within the sector's middle half▲ 194%
Equity€40,190within the sector's middle half▲ 15.8%€41,623below the sector's middle half▲ 3.6%€43,173below the sector's middle half▲ 3.7%€45,115below the sector's middle half▲ 4.5%€50,832below the sector's middle half▲ 12.7%
Total assets€118,092below the sector's middle half▼ 30.1%€111,960below the sector's middle half▼ 5.2%€124,384below the sector's middle half▲ 11.1%€110,199below the sector's middle half▼ 11.4%€116,818below the sector's middle half▲ 6.0%
Debt€77,902▼ 42.0%€70,337▼ 9.7%€81,211▲ 15.5%€65,084▼ 19.9%€65,986▲ 1.4%
Working capital€39,002▲ 16.4%€40,232▲ 3.2%€41,985▲ 4.4%€43,927▲ 4.6%€49,644▲ 13.0%
Solvency34.0%within the sector's middle half▲ 13.5pp37.2%within the sector's middle half▲ 3.1pp34.7%within the sector's middle half▼ 2.5pp40.9%within the sector's middle half▲ 6.2pp43.5%within the sector's middle half▲ 2.6pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 45% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €116,818
Fixed assets
€1,188 =
Current assets
€115,630 ▲ 6.1%
Equity and liabilities €116,818
Equity
€50,832 ▲ 12.7%
Debt
€65,986 ▲ 1.4%
Debt's share of the balance-sheet total falls from 59.1% to 56.5%. Equity and debt are higher.
Key figures and ratios
Current ratio
1.75▲
2023 · 1.67
Quick ratio
1.69▲
2023 · 1.52
Debt to equity
1.30▼
2023 · 1.44
ROE
11.2%▲
2023 · 4.3%
ROA
4.9%▲
2023 · 1.8%
Debt ≤ 1 year
€65,986▲
2023 · €65,084
Income taxes
€2,747▲
2023 · €217
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 16,986 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| 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% | 1.6% |
| 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 74% 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 16,986 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €407 | €203 | - | - | - |
| Other operating charges640/8 | - | €2,344 | €803 | €1,296 | €930 | ▼ 28.2% |
| Gross operating margin9900 | €11,440 | €7,588 | €6,025 | €8,904 | €11,928 | ▲ 34.0% |
| Operating profit (loss)9901 | €10,783 | €4,837 | €5,019 | €7,608 | €10,998 | ▲ 44.6% |
| Financial charges65/66B | - | €2,768 | €2,608 | €5,449 | €2,534 | ▼ 53.5% |
| Recurring financial charges65 | €4,519 | €2,768 | €2,608 | €5,449 | €2,534 | ▼ 53.5% |
| Profit (loss) for the period before taxes9903 | €6,264 | €2,069 | €2,411 | €2,159 | €8,464 | ▲ 292% |
| Income taxes67/77 | €766 | €636 | €861 | €217 | €2,747 | ▲ 1,166% |
| Profit (loss) for the period9904 | €5,498 | €1,433 | €1,550 | €1,942 | €5,717 | ▲ 194% |
| Profit (loss) for the period to be appropriated9905 | €5,498 | €1,433 | €1,550 | €1,942 | €5,717 | ▲ 194% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €118,092 | €111,960 | €124,384 | €110,199 | €116,818 | ▲ 6.0% |
| Fixed assets21/28 | €1,188 | €1,391 | €1,188 | €1,188 | €1,188 | = |
| Tangible fixed assets22/27 | - | €203 | - | - | - | - |
| Plant, machinery and equipment23 | - | €203 | - | - | - | - |
| Financial fixed assets28 | €1,188 | €1,188 | €1,188 | €1,188 | €1,188 | = |
| Current assets29/58 | €116,904 | €110,569 | €123,196 | €109,011 | €115,630 | ▲ 6.1% |
| Stocks and contracts in progress3 | €27,100 | €18,050 | €41,550 | €10,190 | €4,000 | ▼ 60.7% |
| Stocks30/36 | - | €18,050 | €41,550 | €10,190 | €4,000 | ▼ 60.7% |
| Amounts receivable within one year40/41 | €75,284 | €62,984 | €64,201 | €72,384 | €62,984 | ▼ 13.0% |
| Trade receivables40 | - | €10,000 | €10,000 | €19,400 | €10,000 | ▼ 48.5% |
| Other amounts receivable41 | - | €52,984 | €54,201 | €52,984 | €52,984 | = |
| Current investments50/53 | €10,141 | €10,141 | €10,141 | €10,141 | €10,141 | = |
| Cash at bank and in hand54/58 | €4,379 | €19,394 | €7,233 | €16,225 | €38,505 | ▲ 137% |
| Deferred charges and accrued income490/1 | - | - | €71 | €71 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €118,092 | €111,960 | €124,384 | €110,199 | €116,818 | ▲ 6.0% |
| Equity10/15 | €40,190 | €41,623 | €43,173 | €45,115 | €50,832 | ▲ 12.7% |
| Contributions10/11 | - | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Reserves13 | €5,451 | €6,884 | €8,434 | €10,376 | €16,093 | ▲ 55.1% |
| Non-distributable reserves130/1 | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Other1319 | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Distributable reserves133 | - | €5,025 | €6,575 | €8,517 | €14,234 | ▲ 67.1% |
| Profit (loss) carried forward14 | €28,542 | €28,542 | €28,542 | €28,542 | €28,542 | = |
| Amounts payable17/49 | €77,902 | €70,337 | €81,211 | €65,084 | €65,986 | ▲ 1.4% |
| Amounts payable within one year42/48 | €77,902 | €70,337 | €81,211 | €65,084 | €65,986 | ▲ 1.4% |
| Financial debts43 | - | €60,000 | €79,256 | €62,996 | €60,208 | ▼ 4.4% |
| Credit institutions430/8 | - | €60,000 | €79,256 | €62,996 | €60,208 | ▼ 4.4% |
| Trade debts44 | €2,253 | €8,383 | - | - | €4,366 | - |
| Suppliers440/4 | - | €8,383 | - | - | €4,366 | - |
| Taxes, remuneration and social security45 | - | €1,954 | €1,955 | €2,088 | €1,412 | ▼ 32.4% |
| Taxes450/3 | - | €1,954 | €1,955 | €2,088 | €1,412 | ▼ 32.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,498 | €1,433 | €1,550 | €1,942 | €5,717 | ▲ 194% |
| + Depreciation and write-downs630 | - | €407 | €203 | - | - | - |
| Operating cash flow (approximation) | €5,498 | €1,840 | €1,753 | €1,942 | €5,717 | ▲ 194% |
| Investment in fixed assets (approximation) | - | -€610 | €0 | €0 | €0 | - |
| Change in cash | - | €15,015 | -€12,161 | €8,992 | €22,280 | ▲ 148% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2019net €5,717 ▲194%
Operating result €10,998, net result €5,717, both a record.
12-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 12 days late
2023
30-11
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 122 days late
2022
14-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Weakest financial yearnet €1,433 ▼73.9%
Net result drops to €1,433, the lowest in the series; recovery starts the following year.
15-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
15-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 46 days late
2018
10-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
13-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 13 days late
2016
23-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 54 days late
2014
28-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 28 days late
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.
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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, Zaventem · 1 establishment unit since 1981
Ground area
2,844 m²
Building footprint
443 m²
Volume, LiDAR
6,183 m³
2 parcels, Brussels, Flanders · tallest building 22.3 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
PLUS
since 19812.018.472.703
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23094D0179/00X000 | Flanders | 2,385 m² | 1 · 178 m² | 10.9 m · 2 fl. |
| 21904B0426/00L008 | Brussels | 459 m² | 1 · 265 m² | 22.3 m · 6 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 10,664 companies in sector 47811 we hold annual accounts for 5,226. 3,322 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
Founded10-02-1981
Fiscal year end31-12
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0421235762
Also
9925:BE0421235762
Registered
10-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.