Plus Group
ActivePlus Group has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.20M and a net result of €1.70M. Equity is growing by ~68.6% per year across the filed fiscal years. Its solvency ranks better than 49% of 2162 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability93▲+9
Solvency61▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €210k at 30 days acceptable
Liquidity ample (current ratio 1.94 against 1.12 in 2023; short-term debt: 26.5% and cash: 12.6% of total assets), but 63.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
36.2%
Return on assets
19.2%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 09-02-2026, 9 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 · 5 filingsDeviation from the deadline
2025
9 d late
2023
26 d late
2022
29 d late
2020
12 d late
2019
21 d early
← before the deadline
after the deadline →
Financials · fiscal year 2025, abbreviated schema
Equity
€3.20M▲ 113%
2023 · €1.50M
2019: €116k
2020: €328k
2022: €959k
2023: €1.50M
2019 → 2025
Total assets
€8.85M▲ 98.4%
2023 · €4.46M
2019: €905k
2020: €1.34M
2022: €4.14M
2023: €4.46M
2019 → 2025
Net result
€1.70M▲ 212%
2023 · €544k
2019: €97k
2020: €212k
2022: €631k
2023: €544k
2019 → 2025
Working capital
€2.22M▲ 741%
2023 · €264k
2019: €90k
2020: €19k
2022: €-110k
2023: €264k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202220232025Trend
Equity€116k-€328k▲ 184%€959k▲ 193%€1.50M▲ 56.8%€3.20M▲ 113%
Operating result€116k-€284k▲ 144%€866k▲ 205%€811k▼ 6.3%€2.43M▲ 200%
Net result€97k-€212k▲ 119%€631k▲ 197%€544k▼ 13.7%€1.70M▲ 212%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €2.43M in 2025, compared with €811k in 2023. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2025 in colour, 2023 as the grey bar beneath
Assets €8.85M
Fixed assets
€4.29M▲ 113%
Current assets
€4.56M▲ 86.3%
Equity and liabilities €8.85M
Equity
€3.20M▲ 113%
Debt
€5.65M▲ 91.1%
The debt ratio falls from 66.3% to 63.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€2.66M▲
2023 · €898k
Cash flow
€1.93M▲
2023 · €632k
Solvency
36.2%▲
2023 · 33.7%
Current ratio
1.94▲
2023 · 1.12
Quick ratio
1.94▲
2023 · 1.04
Debt / equity
1.76▼
2023 · 1.97
ROE
53.0%▲
2023 · 36.2%
ROA
19.2%▲
2023 · 12.2%
Interest coverage
14.36▲
2023 · 10.85
Debt
€5.65M▲
2023 · €2.95M
Debt ≤ 1 year
€2.35M▲
2023 · €2.18M
Debt > 1 year
€1.09M▲
2023 · €770k
Income taxes
€594k▲
2023 · €199k
Staff costs
€1.11M▲
2023 · €816k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2023
Balance sheet
Code20232025
Assets
Total assets20/58€4.46M€8.85M▲
Fixed assets21/28€2.01M€4.29M▲
Intangible fixed assets21€8k€0▼
Tangible fixed assets22/27€188k€594k▲
Land and buildings22€8k€261k▲
Plant, machinery and equipment23€109k€175k▲
Furniture and vehicles24€69k€156k▲
Other tangible fixed assets26€2k€1k▼
Financial fixed assets28€1.81M€3.69M▲
Current assets29/58€2.45M€4.56M▲
Stocks and contracts in progress3€171k€0▼
Stocks30/36€143k€0▼
Contracts in progress37€28k€0▼
Amounts receivable within one year40/41€995k€3.30M▲
Trade receivables40€810k€1.89M▲
Other amounts receivable41€185k€1.41M▲
Cash at bank and in hand54/58€1.26M€1.12M▼
Deferred charges and accrued income490/1€22k€146k▲
Equity and liabilities
Total equity and liabilities10/49€4.46M€8.85M▲
Equity10/15€1.50M€3.20M▲
Contributions10/11€19k€19k=
Reserves13€1.48M€3.18M▲
Tax-exempt reserves132-€844k
Distributable reserves133€1.48M€2.34M▲
Amounts payable17/49€2.95M€5.65M▲
Amounts payable after more than one year17€770k€1.09M▲
Financial debts170/4€770k€1.09M▲
Amounts payable within one year42/48€2.18M€2.35M▲
Current portion of amounts payable after more than one year42€186k€291k▲
Financial debts43€132k€13k▼
Credit institutions430/8€128k€0▼
Other loans439€4k€13k▲
Trade debts44€1.46M€1.84M▲
Suppliers440/4€1.46M€1.84M▲
Taxes, remuneration and social security45€398k€203k▼
Taxes450/3€307k€193k▼
Remuneration and social security454/9€91k€10k▼
Other amounts payable47/48€6k€2k▼
Accrued charges and deferred income492/3-€2.21M
Income statement
Code20232025
Non-recurring operating income76A€3k€35k▲
Remuneration, social security and pensions62€816k€1.11M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€87k€229k▲
Other operating charges640/8€13k€32k▲
Non-recurring operating charges66A-€14k
Gross operating margin9900€1.73M€3.82M▲
Operating profit (loss)9901€811k€2.43M▲
Financial income75/76B€15k€42k▲
Recurring financial income75€15k€42k▲
Financial charges65/66B€83k€186k▲
Recurring financial charges65€83k€186k▲
Profit (loss) for the period before taxes9903€743k€2.29M▲
Income taxes67/77€199k€594k▲
Profit (loss) for the period9904€544k€1.70M▲
Transfer to tax-exempt reserves689-€844k
Profit (loss) for the period to be appropriated9905€544k€853k▲
Appropriation of the result
Profit (loss) to be appropriated9906€544k€853k▲
Transfer to equity691/2€544k€853k▲
To other reserves6921€544k€853k▲
Social balance
Average headcount (FTE)90870.08.2▲
The notes to these accounts (25 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
09-02
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 9 days late
2025
30-06
Financial
Highest result since 2019net €1.70M ▲212%
Operating result €2.43M, net result €1.70M, both a record.
30-06
Financial
Equity above €2MEq €3.20M ▲113%
5 profitable years in a row build equity to €3.20M.
2024
26-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 26 days late
2023
31-08
Financial
Equity above €1MEq €1.50M ▲56.8%
4 profitable years in a row build equity to €1.50M.
29-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 29 days late
2022
31-08
Financial
Equity above €500kEq €959k ▲193%
3 profitable years in a row build equity to €959k.
2021
12-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 12 days late
2020
30-09
Financial
Equity above €200kEq €328k ▲184%
2 profitable years in a row build equity to €328k.
09-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Bree · 1 establishment unit since 2018
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Industrieterrein Kanaal-Noord 11383960 BreeGround area
9,511 m²
Building footprint
3,940 m²
Parcel 72004A0114/00M003, Flanders. Linked by address, not a title deed.
1 establishment unit
PLUS CONSTRUCT
since 20182.281.982.210
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72004A0114/00M003 | Flanders | 9,511 m² | 1 · 3,940 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 255 EUR awarded · 255 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 255 EUR | 255 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 2,450 companies in sector 41003 we hold annual accounts for 1,055. 347 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-11-2018
Fiscal year end30-06
Activities, NACEBEL
41001General construction of residential buildings
41003General construction of other non-residential buildings
43320Joinery installation
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.