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PLUS

Active
Private limited companyfounded 198640 yrs activeWestmeers 120, 8000 Brugge, BelgiumKBO/BCE: BE 0428.971.315
Summary

PLUS has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€494,245) and a net result of -€17,601. Equity is shrinking by ~3.5% per year across the filed fiscal years. Its solvency ranks better than 5% of 14462 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Risk analysisWatch ReportCompare
PLUSActiveChecked score 31/100
Risk analysis ReportCompare

Overview

What they do
Development of residential building projects
NACE 68121Real estate development NACE 41101NACE 70111
1 site
How big
€18,227total assets 2025
Equity
-€494,245
Loss
-€17,601
Turnover not published (abridged schema)
Financially healthy?
31 Weak Checked score 2025
Bankruptcy chance 12 m
0.4%
Who decides
Accounts filed 31 d late
Why 31- Annual accounts: weaker financial profile- Negative equity+ Lower-failure-rate sector+ Long track recordFiled after the deadlineShow the evidence

Checked score

Score 2025
31 / 100
Weak
Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.04 against 0.04 in 2024; cash: 8.2% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2025
Solvency, return and age of the figures
Return on assets
-96.6%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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 40 years 0 50 y
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€494,245
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
61 d late
2023
2 d early
2022
25 d early
2021
17 d early
2020
12 d early
2019
95 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 19 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 30 July (4 of the last 5 filed years within 32 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
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
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Back to profitnet €6,122

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€494,245 View
  • Caution: Among the weakest 5% on solvencysector median 29.5% · 14,462 companies -2711.6% View
  • Active since 1986founded 19-06-1986 40 years View

By topic

Financials

Fiscal year
2025
Total assets
€18,227
Loss
-€17,601
Solvency
-2711.6%
Total assets▼ 3.0%
Net result
20182025
Go to Financials

Timeline

Events
11
Since
2017
Next accounts
by 31-07-2027
  1. 31-08-2026Annual accounts filed
  2. 30-09-2025Annual accounts filed
  3. 31-12-2024Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Development of residential building projectsNACE 68121
Founded
19-06-1986
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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