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PLUS BREEDING

Active
Private limited companyfounded 2023active for 3 yearsLedestraat 3, 9180 Lokeren, BelgiumKBO/BCE: BE 0800.977.401
Summary

PLUS BREEDING has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €64 and a net result of €5,303. Its solvency ranks better than 14% of 617 sector peers (NACE 72, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Overview

Official details

Source: KBO
Status
Active since 20-04-2023 Normal situation
Activity
Research and development on biotechnology NACE 72101and 1 other
Establishment unit
2.347.760.383 9180 Lokeren, since 20-04-2023
Financial year end
31 July
Peppol
Reachable since 17-03-2026

Financial position

86 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts to 31-07-2025
Gross margin
€5,917
Turnover
≈ €45,000
estimated
Profit
€5,303
Equity
€64
Total assets
€33,093
▲ 386%
Score breakdownraises riskFounded in 2023Equity €64 (0.2% of total assets)lowers riskSector: Scientific research and development (NACE 72)Liquidity: current ratio 1.00, cash €33,093Show the evidence

Checked score

Score 2025
86 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 47% of micro companies in research and development (NACE 72)
Financial strength · tick: 2024
Average
Solvency 25+25
equity 0.2% of total assets
Liquidity 50=
short-term debt 99.8% · cash 100.0%
Profitability 78+78
return on assets 16.0%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (936 companies, NACE 72, micro)
Last 24 months 12-2024: 1.0% 01-2025: 1.0%● unchanged vs 12-2024 02-2025: 1.0%● unchanged vs 01-2025 03-2025: 1.1%▲ +0.1 percentage points vs 02-2025highest value 04-2025: 0.5%▼ -0.6 percentage points vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.5%● unchanged vs 06-2025 08-2025: 0.5%● unchanged vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.7%▲ +0.2 percentage points vs 02-2026 04-2026: 0.2%▼ -0.5 percentage points vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026lowest value 09-2026: 0.2%● unchanged vs 08-2026lowest value 10-2026: 0.3%▲ +0.1 percentage points vs 09-2026 11-2026: 0.3%● unchanged vs 10-2026
Calculation

The band follows from the bankruptcy probability. 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 72, micro). It does better than 17% of them on solvency, 28% on liquidity, 52% on profitability and 92% on growth.

The bankruptcy probability was computed on 03-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Sector: Scientific research and development (NACE 72)
KBO
lowers risk · Liquidity: current ratio 1.00, cash €33,093
NBB · annual accounts
raises risk · Founded in 2023
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Equity €64 (0.2% of total assets)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 617 sector peers (2025).
NBB · sector comparison
Position among 617 sector peers
Solvency
better than 14%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-07-2025 was due by 28-02-2026 and was filed on 26-02-2026, 2 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
2 days early
2024
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 2 accounts on average 1 day before the deadline. In the sector (NACE 72), the median for financial year 2024 was 13 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 31-07-2026 is due by 28-02-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
31-07-2026 year end04-11-2026 today28-02-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2023.
KBO publications

Financials

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 26-02-2026 PDF all 2 filings

Turnover
≈ €45,000
Estimated: probably between €21,000 and €110,000
Total assets
€33,093▲ 386%
2024 · €6,811
Net result
€5,303
2024 · -€10,239
Working capital
€64
2024 · -€5,239
Multi-year overview
2024 to 2025, 2 financial years
Operating result
€5,447
2025
20242025
Net result
€5,303
2025
middle half of the sector
20242025
Equity
€64
2025
lowest quarter of the sector
20242025
Total assets
€33,093
▲ 386% 2025
lowest quarter of the sector
20242025
Debt
€33,029
▲ 174% 2025
20242025
Working capital
€64
2025
lowest quarter of the sector
20242025
Solvency
0.2%
▲ 77.1pp 2025
lowest quarter of the sector
20242025
Current ratio
1.00
▲ 0.44 2025
lowest quarter of the sector
20242025
Return on assets (ROA)
16.0%
▲ 166.4pp 2025
middle half of the sector
20242025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result-€10,074-€5,447
Net result-€10,239below the sector's middle half-€5,303within the sector's middle half
Equity-€5,239below the sector's middle half-€64below the sector's middle half
Total assets€6,811below the sector's middle half-€33,093below the sector's middle half▲ 386%
Debt€12,050-€33,029▲ 174%
Working capital-€5,239below the sector's middle half-€64below the sector's middle half
Solvency-76.9%below the sector's middle half-0.2%below the sector's middle half▲ 77.1pp
Current ratio0.57below the sector's middle half-1.00below the sector's middle half▲ 0.44
Return on assets (ROA)-150.3%below the sector's middle half-16.0%within the sector's middle half▲ 166.4pp
above within below The sector band is the middle half of the companies in Scientific research and development (NACE 72). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2025 is a profit of €5,447, after a loss of €10,074 in 2024.

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Equity and liabilities €33,093
Equity €64
Debt €33,029
Debt's share of the balance-sheet total is 99.8%.
Key figures and ratios
2025 value · change against 2024
Debt ≤ 1 year
€33,029▲
2024 · €12,050
The equity ratios are withheld because equity of €64 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 27 lines
Balance sheet Code20242025
Assets
Total assets20/58€6,811€33,093▲
Current assets29/58€6,811€33,093▲
Amounts receivable within one year40/41€985-
Other amounts receivable41€985-
Cash at bank and in hand54/58€5,826€33,093▲
Equity and liabilities
Total equity and liabilities10/49€6,811€33,093▲
Equity10/15-€5,239€64▲
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14-€10,239-€4,936▲
Amounts payable17/49€12,050€33,029▲
Amounts payable within one year42/48€12,050€33,029▲
Current portion of amounts payable after more than one year42-€4,429
Trade debts44€2,050€2,500▲
Suppliers440/4€2,050€2,500▲
Taxes, remuneration and social security45-€1,099
Taxes450/3-€1,099
Other amounts payable47/48€10,000€25,000▲
Income statement Code20242025
Other operating charges640/8€384€470▲
Gross operating margin9900-€9,690€5,917▲
Operating profit (loss)9901-€10,074€5,447▲
Financial charges65/66B€165€144▼
Recurring financial charges65€165€144▼
Profit (loss) for the period before taxes9903-€10,239€5,303▲
Profit (loss) for the period9904-€10,239€5,303▲
Profit (loss) for the period to be appropriated9905-€10,239€5,303▲
Appropriation of the result
Profit (loss) to be appropriated9906-€10,239-€4,936▲
Profit (loss) brought forward from the previous period14P--€10,239

The notes to these accounts have 1 item. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 26-02-2026.

Line20242025Change
Other operating charges640/8€384€470▲ 22.2%
Gross operating margin9900-€9,690€5,917-
Operating profit (loss)9901-€10,074€5,447-
Financial charges65/66B€165€144▼ 12.7%
Recurring financial charges65€165€144▼ 12.7%
Profit (loss) for the period before taxes9903-€10,239€5,303-
Profit (loss) for the period9904-€10,239€5,303-
Profit (loss) for the period to be appropriated9905-€10,239€5,303-
Line20242025Change
Assets
Total assets20/58€6,811€33,093▲ 386%
Current assets29/58€6,811€33,093▲ 386%
Amounts receivable within one year40/41€985--
Other amounts receivable41€985--
Cash at bank and in hand54/58€5,826€33,093▲ 468%
Equity and liabilities
Total equity and liabilities10/49€6,811€33,093▲ 386%
Equity10/15-€5,239€64-
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14-€10,239-€4,936▲ 51.8%
Amounts payable17/49€12,050€33,029▲ 174%
Amounts payable within one year42/48€12,050€33,029▲ 174%
Current portion of amounts payable after more than one year42-€4,429-
Trade debts44€2,050€2,500▲ 22.0%
Suppliers440/4€2,050€2,500▲ 22.0%
Taxes, remuneration and social security45-€1,099-
Taxes450/3-€1,099-
Other amounts payable47/48€10,000€25,000▲ 150%
Line20242025Change
Profit (loss) for the period9904-€10,239€5,303-
Operating cash flow (approximation)-€10,239€5,303-
Change in cash-€27,267-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 2,157 companies had the same profile as PLUS BREEDING has now. Two years later, 94.1% were still going and 3.0% had gone bankrupt.

  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a profit of 5% of the balance sheet or more
94.1% was still going
2.8% stopped otherwise
3.0% went bankrupt

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of PLUS BREEDING itself is lower: 0.3% within 12 months. It rests on far more data about PLUS BREEDING than the profile alone.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 2,157 companies, not a prediction for PLUS BREEDING. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Filings with the National Bank (2)
Financial year Type Filed Reference Document
31-07-2025 micro format 26-02-2026 2026-00049934 PDF
31-07-2024 micro format 28-02-2025 2025-00043445 PDF

Board & ownership

Directors

Directors
2 directors, no change since 2023
GOOSSENS Chris François Maria
Director (not named in the articles) · appointed in the act of 24-04-2023 · term without a fixed end
Current
LEYBAERT Tom Willy Liliane
Director (not named in the articles) · appointed in the act of 24-04-2023 · term without a fixed end
Current
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Indien de vennootschap door meer dan één bestuurder wordt bestuurd, mag iedere bestuurder, alleen optredend, alle handelingen stellen die…”
deed of 24-04-2023

Owners and capital

Shareholders

At incorporation act of 24-04-2023 ↗

Capital transactions

Capital over time
  1. 24-04-2023 Incorporation · €5,000 · 1,000 shares

Mandate history

2 people, 2 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
GOOSSENS Chris François Maria
  • Director (not named in the articles), appointed in the act of 24-04-2023, still in office
LEYBAERT Tom Willy Liliane
  • Director (not named in the articles), appointed in the act of 24-04-2023, still in office
See the board, name and registered office on a given date →

Articles of association

Capital, shares and profit

Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
“500, 500”

Audit, dissolution and liquidation

Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor
Dissolution ruleThe articles set when and by whom the company can be dissolved.
“Algemene vergadering, vormvereisten, aanwezigheidsquorum en meerderheid Wetboek van vennootschappen en verenigingen”

Articles of association, deed of 24-04-2023 (in Dutch)

Network & group

PLUS BREEDING shares no director with another company.

Companies at the same address

2 other companies

Connections & network

2 current directors
Depth

The network starts from the directors of PLUS BREEDING. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

Deadline for the 2026 accounts: 28-02-2027
2026
26-02
NBB filing Annual accounts 2025 filedPDF
micro format · 2 days before the deadline
2025
31-07
Financial Back to profitnet €5,303
The net result is €5,303, after one loss-making year.
28-02
NBB filing Annual accounts 2024 filedPDF
micro format · on the deadline day
2023
24-04
Gazette deed Incorporation
Starting capital €5,000 · Appointments: GOOSSENS Chris François Maria (director) and LEYBAERT Tom Willy Liliane (director) · Registered office clause · Board rule10 points ▸
  • Registered office clause, “9180-Moerbeke (Waas), Ledestraat 3” (deed in Dutch)
  • Board rule, 2
  • Director appointment, GOOSSENS Chris François Maria (director (not named in the articles))
  • Director appointment, LEYBAERT Tom Willy Liliane (director (not named in the articles))
  • Pre-incorporation commitments
  • Founder, GOOSSENS Chris François Maria
  • Founder, LEYBAERT Tom Willy Liliane
  • Incorporation, “PLUS BREEDING” (deed in Dutch)
  • Founding capital, €5,000
  • Other provision, 05-01-2023

Open the act in the Belgian Official Gazette

Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

On 20 April 2023, PLUS BREEDING was incorporated as a private limited company by two natural persons, with a starting capital of €5,000.12 Today the board has 2 members.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 24-04-2023
  3. 3National Bank, annual accounts 2025

Company details

Register details

Identity

KBO record
Name PLUS BREEDING in Dutch
Enterprise number 0800.977.401
Legal form Private limited company
Status Active, normale toestand
Founded 20-04-2023
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 24-04-2023 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest, voor zover geen wijziging taal statuten vereist door taalwetgeving”
deed of 24-04-2023 (in Dutch)

Registered office and establishments

Registered office Ledestraat 3, 9180 Lokeren, Belgium
Establishment unit PLUS BREEDING, Ledestraat 3, 9180 Lokeren since 20-04-2023 · unit number 2.347.760.383

Activities

NACEBEL 2025
72101 Research and development on biotechnology main activity
72109 Other research and development on natural sciences
Codes under NACEBEL 2008
72110 Scientific research and development main activity
72190 Scientific research and development
PurposeThe purpose describes the activities the company may carry out under its articles.
“Het voortbrengen en veredelen van alle land- en tuinbouwproducten in de meest brede zin van het woord en alle daarmee verband houdende…”
5 activities
  1. Het voortbrengen en veredelen van alle land- en tuinbouwproducten in de meest brede zin van het woord en alle daarmee verband houdende artikelen.
  2. Zij kan ook alle land- en tuinbouwdiensten en werkzaamheden verrichten die daarmee in verband staan.
  3. De vennootschap zal alle burgerlijke,industriële,commerciële,financiële,roerende en onroerende handelingen mogen verrichten in rechtstreeks of onrechtstreeks verband met haar vorowerp,die van aard zijn de verwezenlijking ervan te vergemakkelijken of uit te breiden,en die daartoe noodzakelijk zijn,nuttig of zelfs aleen maar bevorderend.
  4. De vennootschap kan optreden als bestuurder of vereffenaar in andere vennootschappen.
  5. Zij kan belangen nemen doorassociatie,inbreng,fusie,financiële tussenkomst of op gelijk welke anderewijze,in alle vennootschappen,verenigingen of ondernemingen met een identiek,gelijklopend of samenhangend voorwerp met het hare of die van aard kunnen zijn de ontwikkeling van haar onderneming te begunstigen of een bron van afzet te vormen.
deed of 24-04-2023 (in Dutch)

Invoicing and payment

VAT number BE 0800.977.401
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0800977401
Other Peppol ID 9925:BE0800977401
Registered 17-03-2026

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 4 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-07
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of January at 18:00
deed of 24-04-2023 (in Dutch)

Sites & property

Location
registered office establishment The establishment unit on the map
3 companies at this address See who is registered here

Buildings and parcels at the address

Ground area
1,212 m²
Building footprint
166 m²
Building volume
742 m³
Cadastral parcel Region Area Buildings Height / floors
44045K0541/00K000 Flanders 1,212 m² 1 · 166 m² 6.8 m · 1