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Plus Group

Active
Private limited companyfounded 2018active for 7 yearsIndustrieterrein Kanaal-Noord 1138, 3960 Bree, BelgiumKBO/BCE: BE 0713.658.791
Summary

Plus Group has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.2m and a net result of €1.7m. Equity has been growing by about 69% per year since 2019. Its solvency ranks better than 47% of 2,797 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Risk analysisFollow ReportCompare
Plus GroupActiveChecked score 83/100
Risk analysis ReportCompare

Overview

Official details

Source: KBO
Status
Active since 19-11-2018 Normal situation
Activity
General construction of other non-residential buildings NACE 41003and 3 others
Joint committees
124 Paritair Comité voor het bouwbedrijf
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 30-06-2025
Establishment unit
2.281.982.210 3960 Bree, since 19-11-2018
Financial year end
30 June
Peppol
Reachable
Company details

Board and ownership

Board
  • ER-WIDirector · since 22-10-2019 · permanent representative WILLEN Eric
  • BREMA ASSISTDirector · since 30-03-2022 · permanent representative JEHOUL Brecht
  • Schrijnwerkerij WILLENDirector · since 30-03-2022 · permanent representative WILLEN Arne
and 1 other
Shareholders
  • ER-WI· score 9630-09-2025 annual accounts of ER-WI
  • Store Invest Projects· score 882025 annual accounts of Store Invest Projects
Holdings
Shares in 3 companies including ALRACON and JECO
Board & ownership

Financial position

83 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.6%
Annual accounts to 30-06-2025
Gross margin
€3.8m
Turnover
≈ €6.6m
estimated
Profit
€1.7m
Equity
€3.2m
Total assets
€8.8m
Employees on 30-06-2025
1
  • 2025 accounts filed 9 days after the deadline
Filed on 09-02-2026
Financials
Score breakdownraises riskSector: Construction of residential and non-residential buildings (NACE 41)Founded in 2018lowers riskSize: 8.2 FTE, total assets €8.8mLiquidity: current ratio 1.94, cash €1.1mShow the evidence

Checked score

Score 2025
83 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 60% of micro companies in construction of buildings (NACE 41)
Every signal that counts is listed under Signals.
Financial strength · tick: 2023
Strong
Solvency 61+2
equity 36.2% of total assets
Liquidity 55-6
short-term debt 26.5% · cash 12.6%
Profitability 93+9
return on assets 19.2%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,452 companies, NACE 41, micro)
Last 24 months 12-2024: 0.2%lowest value 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.3%▲ +0.1 percentage points vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.5%▲ +0.2 percentage points vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.9%▲ +0.4 percentage points vs 05-2025 07-2025: 0.9%● unchanged vs 06-2025 08-2025: 1.1%▲ +0.2 percentage points vs 07-2025 09-2025: 1.6%▲ +0.5 percentage points vs 08-2025 10-2025: 1.6%● unchanged vs 09-2025 11-2025: 1.6%● unchanged vs 10-2025highest value 12-2025: 1.4%▼ -0.2 percentage points vs 11-2025 01-2026: 1.4%● unchanged vs 12-2025 02-2026: 1.4%● unchanged vs 01-2026 03-2026: 0.6%▼ -0.8 percentage points vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.5%▼ -0.1 percentage points vs 06-2026 08-2026: 0.5%● unchanged vs 07-2026 09-2026: 0.5%● unchanged vs 08-2026 10-2026: 0.6%▲ +0.1 percentage points vs 09-2026 11-2026: 0.6%● unchanged vs 10-2026
Credit of up to €260,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.94 (1.12 in 2023), above the usual 1.5. Short-term debt is 26.5% and cash 12.6% of total assets. However, 63.8% of the assets are financed with debt and provisions.
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 41, micro). It does better than 44% of them on solvency, 60% on liquidity and 77% on profitability.

The bankruptcy probability was computed on 01-11-2026 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).

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Signals

Five signals.
lowers riskraises risk
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
lowers risk · Size: 8.2 FTE, total assets €8.8m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Founded in 2018
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 1.94, cash €1.1m
NBB · annual accounts
raises risk · 2025 accounts filed 9 days late
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. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 5 filings
Deviation from the deadline
2025
9 days late
2023
26 days late
2022
29 days late
2020
12 days late
2019
21 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 11 days after the deadline. In the sector (NACE 41), the median for financial year 2023 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Largest company by total assets in Bree, Construction sectorin the Checked rankings No. 1 View
  • Heads a groupcompanies controlled 3 View
  • Positive: 5 profitable years in a rowprofit 2025: €1.7m 5 years View

Recent changes

  1. · Gazette deed Amendment of the articles
  2. · Gazette deed Company renamed from PLUS CONSTRUCT to Plus GroupAppointment: ER-WI (director) · Permanent representative: WILLEN Eric
  3. · Gazette deed Resignation: WILLEN Arne (director)Appointments: SCHRIJNWERKERIJ WILLEN, BREMA ASSIST and Store Invest Projects · Permanent representatives: WILLEN Arne, JEHOUL Brecht and JEHOUL Erik
All 14 events

Companies linked to Plus Group

Comparable companies

These companies have the same main activity as Plus Group: general construction of other non-residential buildings (NACE 41003). They are comparable in size and age: total assets between €3.1m and €9m, founded between 2014 and 2019.

CompanyTotal assetsGross margin
Plus Group Bree€8.8m€3.8m
X-WOOD CONCEPT Büllingen€6.4m€5.6m
FRISOMAT BELGIUM Wijnegem€9.0m€2.5m
BOELENS-DE SMET Evergem€4.5m€2.1m
CONFISTRUCT Aalst€3.9m€1.3m
PreMonta Nazareth-De Pinte€3.1m€2.0m
SPRANCO Hoogstraten€3.5m€1.5m
Full comparison

Key facts about Plus Group
What is the company number of Plus Group?
The company number of Plus Group is 0713.658.791. The VAT number is the same number with BE in front: BE 0713.658.791.
Where is Plus Group based?
The registered office is at Industrieterrein Kanaal-Noord 1138, 3960 Bree.Company details
What does Plus Group do?
According to the KBO register, the main activity is general construction of other non-residential buildings (NACE 41003).
What is the legal form of Plus Group?
The legal form of Plus Group is Private limited company (BV).
When was Plus Group founded?
Plus Group was founded on 19-11-2018.
Is Plus Group still active?
Yes, Plus Group is an active enterprise in the KBO register.
How many employees does Plus Group have?
Plus Group had an average of 8.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Plus Group fall under?
In its 30-06-2025 annual accounts, Plus Group states joint committees 124 (Paritair Comité voor het bouwbedrijf) and 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of Plus Group?
The turnover in financial year 2025 is ≈ €6.6m. This figure is estimated from the gross margin of €3.8m and 1,584 comparable companies of the same size. It probably lies between €4.4m and €11.0m. It is a rough estimate.
Is Plus Group profitable?
In financial year 2025, Plus Group made a profit of €1.7m.
Where can I find the annual accounts of Plus Group?
Plus Group filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.

Next steps

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