PLUS
ActiveSummary
PLUS has been active since 1986 and the Belgian Official 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 about 3.5% per year across the filed financial years. Its solvency ranks better than 5% of 17,093 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Overview
- Equity
- -€494,245
- Loss
- -€17,601
Why 53raises riskCapped at 59: negative equityLoss of €17,601 (financial year 2025)Negative equity -€494,245Last filed accounts filed 31 days late; 2 of the last 3 latelowers riskSize: total assets €18,227Show the evidence
Checked score
About 1 in 100 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 68, micro): better than 5% on solvency, 11% on liquidity, 4% on profitability and 36% on growth.
The bankruptcy probability was computed on 29-10-2026 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
This company filed its last 7 accounts on average 19 days after the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Back to profitnet €6,122
Financials · financial year 2025, micro format
2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00478890.
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result turns negative in 2025: a loss of €17,857 after €5,693 in 2024, the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 6,619 companies that looked in July 2024 the way this one looks now, 4.5% went bankrupt within 24 months and 84.5% are still going.
- Micro
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
A further 1.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.2% 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 497,445 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 6,619 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 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | - | €18,100 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,212 | €11,211 | €11,211 | - | - | - | - | - | - |
| Other operating charges640/8 | - | - | - | €1,442 | €831 | €499 | €846 | €554 | ▼ 34.6% |
| Gross operating margin9900 | -€28,208 | -€25,793 | -€6,444 | -€11,270 | -€15,256 | -€16,021 | €6,539 | -€17,303 | - |
| Operating profit (loss)9901 | -€40,755 | -€37,784 | -€18,316 | -€12,713 | -€16,086 | -€16,520 | €5,693 | -€17,857 | - |
| Financial income75/76B | - | - | - | €241 | - | €0 | €504 | €301 | ▼ 40.3% |
| Recurring financial income75 | €249 | €308 | €59 | €241 | - | €0 | €504 | €301 | ▼ 40.3% |
| Financial charges65/66B | - | - | - | €45 | €45 | €45 | €45 | €45 | = |
| Recurring financial charges65 | €91 | €62 | €48 | €45 | €45 | €45 | €45 | €45 | = |
| Profit (loss) for the period before taxes9903 | -€40,597 | -€37,538 | -€18,305 | -€12,517 | -€16,131 | -€16,565 | €6,152 | -€17,601 | - |
| Income taxes67/77 | €684 | €626 | €386 | €382 | €427 | €616 | €30 | - | - |
| Profit (loss) for the period9904 | -€41,281 | -€38,164 | -€18,691 | -€12,899 | -€16,558 | -€17,182 | €6,122 | -€17,601 | - |
| Profit (loss) for the period to be appropriated9905 | -€41,281 | -€38,164 | -€18,691 | -€12,899 | -€16,558 | -€17,182 | €6,122 | -€17,601 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €59,121 | €28,800 | €17,306 | €17,692 | €16,056 | €18,052 | €18,796 | €18,227 | ▼ 3.0% |
| Fixed assets21/28 | €22,422 | €11,211 | - | - | - | - | €0 | €0 | - |
| Tangible fixed assets22/27 | €22,422 | €11,211 | - | €0 | - | - | €0 | €0 | - |
| Plant, machinery and equipment23 | - | - | - | - | - | - | €0 | €0 | - |
| Furniture and vehicles24 | - | - | - | - | - | - | €0 | €0 | - |
| Current assets29/58 | €36,699 | €17,589 | €17,306 | €17,692 | €16,056 | €18,052 | €18,796 | €18,227 | ▼ 3.0% |
| Stocks and contracts in progress3 | €16,000 | - | - | - | - | - | - | - | - |
| Amounts receivable within one year40/41 | €18,429 | €14,955 | €15,810 | €15,755 | €14,970 | €15,709 | €15,633 | €16,737 | ▲ 7.1% |
| Trade receivables40 | - | - | - | €14,956 | €14,956 | €14,956 | €15,348 | €15,075 | ▼ 1.8% |
| Other amounts receivable41 | - | - | - | €800 | €14 | €753 | €286 | €1,662 | ▲ 482% |
| Cash at bank and in hand54/58 | €2,270 | €2,634 | €1,496 | €1,937 | €1,086 | €1,872 | €3,162 | €1,490 | ▼ 52.9% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | €471 | - | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €59,121 | €28,800 | €17,306 | €17,692 | €16,056 | €18,052 | €18,796 | €18,227 | ▼ 3.0% |
| Equity10/15 | -€379,273 | -€417,437 | -€436,128 | -€449,027 | -€465,585 | -€482,766 | -€476,645 | -€494,245 | ▼ 3.7% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €49 | €49 | €49 | €49 | €49 | €49 | €49 | €49 | = |
| Non-distributable reserves130/1 | - | - | - | €49 | €49 | €49 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €49 | €49 | €49 | - | - | - |
| Distributable reserves133 | - | - | - | - | - | - | €49 | €49 | = |
| Profit (loss) carried forward14 | -€397,922 | -€436,086 | -€454,777 | -€467,676 | -€484,234 | -€501,416 | -€495,294 | -€512,895 | ▼ 3.6% |
| Amounts payable17/49 | €438,394 | €446,237 | €453,434 | €466,719 | €481,641 | €500,819 | €495,440 | €512,473 | ▲ 3.4% |
| Amounts payable after more than one year17 | €1,826 | €4,915 | €4,915 | €4,915 | €4,915 | €4,915 | €4,915 | €4,915 | = |
| Other amounts payable178/9 | - | - | - | €4,915 | €4,915 | €4,915 | €4,915 | €4,915 | = |
| Amounts payable within one year42/48 | €436,568 | €441,322 | €448,519 | €461,804 | €476,726 | €495,904 | €490,525 | €507,558 | ▲ 3.5% |
| Trade debts44 | €11,070 | €11,058 | €11,179 | €11,058 | €11,220 | €12,628 | €11,220 | €13,887 | ▲ 23.8% |
| Suppliers440/4 | - | - | - | €11,058 | €11,220 | €12,628 | €11,220 | €13,887 | ▲ 23.8% |
| Taxes, remuneration and social security45 | - | - | - | €769 | €810 | €616 | €646 | - | - |
| Taxes450/3 | - | - | - | €769 | €810 | €616 | €646 | - | - |
| Other amounts payable47/48 | - | - | - | €449,977 | €464,696 | €482,659 | €478,659 | €493,671 | ▲ 3.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€41,281 | -€38,164 | -€18,691 | -€12,899 | -€16,558 | -€17,182 | €6,122 | -€17,601 | - |
| + Depreciation and write-downs630 | €11,212 | €11,211 | €11,211 | - | - | - | - | - | - |
| Operating cash flow (approximation) | -€30,069 | -€26,953 | -€7,480 | -€12,899 | -€16,558 | -€17,182 | €6,122 | -€17,601 | - |
| Investment in fixed assets (approximation) | - | €0 | - | - | - | - | - | €0 | - |
| Change in cash | - | €364 | -€1,138 | €441 | -€851 | €786 | €1,290 | -€1,672 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 39 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 31-08-2026 | 2026-00478890 |
| 31-12-2024 | micro format | 30-09-2025 | 2025-00516333 |
| 31-12-2023 | micro format | 29-07-2024 | 2024-00313275 |
| 31-12-2022 | micro format | 06-07-2023 | 2023-00225548 |
| 31-12-2021 | micro format | 14-07-2022 | 2022-20192618 |
| 31-12-2020 | micro format | 19-07-2021 | 2021-37400254 |
| 31-12-2019 | micro format | 03-11-2020 | 2020-67900091 |
| 31-12-2018 | micro format | 30-07-2019 | 2019-42000397 |
| 31-12-2017 | micro format | 11-09-2018 | 2018-62500379 |
| 31-12-2016 | micro format | 31-07-2017 | 2017-39500401 |
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| T'Kint,Carine Rachelle Josepha Marie |
|
Owners and capital
Capital and shareholders
- 08-01-2024 Capital stated in the deed · 75 shares
Group and network
Connections & network
1 current directorThe board mandates are listed below; here you explore them as a network.
Board mandates elsewhere
1 board mandateHistory
Acts, filings and financial milestones
08-01
Gazette deed
Resignation: T'Kint,Carine Rachelle Josepha Marie (manager)Appointment: T'Kint,Carine Rachelle Josepha Marie (director) · Registered-office move · Director discharge11 facts ▸
- Registered-office move, 8000 Brugge,Westmeers 100
- Other provision, “website en e-mailadres” (deed in Dutch)
- Director resignation, T'Kint,Carine Rachelle Josepha Marie (manager)
- Director appointment, T'Kint,Carine Rachelle Josepha Marie (director (not named in the articles))
- Director discharge, T'Kint,Carine Rachelle Josepha Marie
- General meeting, 29-12-2023
- Other provision, “aanpassing statuten en behoud rechtsvorm, statuten aanpassen aan Wetboek van vennootschappen en verenigingen” (deed in Dutch)
- Capital conversion, “omzetting kapitaal en wettelijke reserve van rechtswege, artikel 39, §2, tweede lid van de wet van 23-03-2019 tot invoering van het Wetboek van vennootschapp…” (deed in Dutch)
- Reserve release, “opheffing statutair onbeschikbare eigen vermogensrekening, opheffen” (deed in Dutch)
- Amendment of the articles
- Capital
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 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 0428.971.315
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 31805E1037/00F000 | Flanders | 353 m² | 1 · 264 m² | 17.2 m · 4 |
| 31803C1564/00A000indicative | Flanders | 100 m² | 1 · 82 m² | 9.3 m · 1 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Alle bedrijvigheid uit te oefenen betreffende roerende goederen, onroerende goederen, gebouwd of ongebouwd, sleutelklaar of niet, meer…” (deed in Dutch)
2 activities (deed in Dutch)
- Alle bedrijvigheid uit te oefenen betreffende roerende goederen, onroerende goederen, gebouwd of ongebouwd, sleutelklaar of niet, meer bepaald het aankopen, oprichten, restaureren, verbouwen, verkopen, huren en verhuren, leasen en alle handelingen te verrichten betreffende onroerende rechten, dit zowel voor eigen noodwendigheid of eigen rekening als met het oog op vervreemding of voor rekening van derden of in samenwerking met derden.
- De coördinatie en promotie van bouwwerken in de ruimste zin van het woord, studie- en raadgevend bureau.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Plus
- 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
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, bestuursorgaan” (deed in Dutch)
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- One provision in the deed
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)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Saturday of June at 11:00
Oversight and winding up
- 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.
- “Ontbinding om welke reden en op welk ogenblik ook, bestuurder(s) in functie krachtens statuten indien geen andere vereffenaar benoemd” (deed in Dutch)