Active BE 1003.845.278Private limited companyOpen bankruptcy

PLUS-MOTORS

Sint-Jansplein 11 ·9100 Sint-Niklaas, Belgium· 2 yrs active

Sector: Retail trade (47811)

Conclusion Checked

A bankruptcy procedure is open for PLUS-MOTORS according to publications in the Belgian State Gazette. The 2024 annual accounts show negative equity (€-29k) and a net result of €-32k.

Based on the State Gazette, CBE and 1 annual account.

Key figures

Equity	€-29k
Net result	€-32k
Better than sector	24%
Active	2 yrs

Snowflake analysis 5 axes · computed by Checked

38 / 100

Fragile profile, watch health in particular.

Health 0

Profitability 100

Solvency 42

Growth 50

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

50 / 100

High risk

Components

· Open bankruptcy (+50)

Trust signals 2 signals

Young company

Founded in 2023, under 3 years, statistically higher risk.

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags 0 events

No administrative flags

Health barometer FY 2024 · computed

0 / 100 Critical

050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Financial overview1 NBB filings

Annual accounts filed on 28-08-2025 with the NBB · fiscal year 2024 · micro

Sector comparison

Fiscal year 2024 · NACE 47, Retail trade · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	-6.2%	20.4%	better than 24% of 6695 sector peers
Net result	€-32k	€4k	better than 8% of 6675 sector peers
Equity	€-29k	€16k	better than 10% of 6709 sector peers
Gross operating margin	€73k	€24k	better than 75% of 6654 sector peers
Staff costs	€83k	€33k	higher than 78% of 3033 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Highlight YoY changes (±10%)

Fiscal year	2024
Revenue	-
EBITDA	€-18k
Net profit	€-32k
Cash flow	€-21k
Staff costs	€83k
Income taxes	-
Dividends	-
Total assets	€468k
Equity	€-29k
Debt	€497k
of which ≤ 1y	€482k
of which > 1y	€15k
Working capital	€-57k
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	0.88
Quick ratio	0.88
Working capital ratio	-12.2%
Solvency	-6.2%
Debt / equity	-17.14
Long-term debt ratio	-0.50
Interest coverage	-2.89
Gross margin	-
Net margin	-
ROA	-6.8%
ROE	110.3%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Assets

Fixed assets €43k · 9.1% Current assets €425k · 90.9%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€468k
Fixed assets	21/28	€43k
Tangible fixed assets	22/27	€37k
Financial fixed assets	28	€6k
Current assets	29/58	€425k
Amounts receivable within one year	40/41	€424k
Cash & bank	54/58	€1k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€468k
Equity	10/15	€-29k
Contributions / capital	10/11	€3k
Accumulated profits (losses)	14	€-32k
Amounts payable	17/49	€497k
Amounts payable after one year	17	€15k
Amounts payable within one year	42/48	€482k
Trade debts payable within one year	44	€386k
Income statement
Gross operating margin	9900	€73k
Operating result	9901	€-29k
Financial income	75	€3k
Financial charges	65	€6k
Result before taxes	9903	€-32k
Net result for the period	9904	€-32k
Result to be appropriated	9905	€-32k

Ratios computed by Checked.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	KRIS GOEMAN LEOPOLDLAAN 15, 9200 DENDER- MONDE	02-12-2025 → present	Belgian State Gazette

Legal Structure

NACE primary	Retail trade(47811)
Legal form	Private limited company(610)
Incorporation	22-12-2023
Status	Active
Postal code	9100
First BS signal	08-12-2025
Latest BS signal	08-12-2025

Company structure, linked entities1 linked entities

Mandates

Establishment units 1 location

PLUS-MOTORS

Kluizenhof(SGW) 3, 9170 Sint-Gillis-WaasDetailhandel in auto's en lichte bestelwagens (= 3,5 ton)

since 20232.353.965.613

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
46020B0337/00M000	Flanders	2,782 m²	1 · 761 m²	7.2 m · 2 fl.
46444D0742/00H000	Flanders	512 m²	1 · 140 m²	11.0 m · 2 fl.

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 5 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

08-12-2025

Bankruptcy Opening

Ondernemingsrechtbank Gent, afdeling Dendermonde · PLUS-MOTORS BV SINT-JANS- PLEIN 11, 9100 SINT-NIKLAAS · event 02-12-2025

15-09-2025

State Gazette act Director changes

28-08-2025

NBB filing Annual accounts filed

fiscal year 2024 · micro

28-01-2025

State Gazette act Director changes

2024

27-12-2024

State Gazette act Director changes

Lifecycle & Insolvency Signals 1 events

08-12-2025

Bankruptcy Opening

Date: 02-12-2025 · Ondernemingsrechtbank Gent, afdeling Dendermonde · PLUS-MOTORS BV SINT-JANS- PLEIN 11, 9100 SINT-NIKLAAS · Publications in State Gazette ↗

Time machine, BS events + macro context 2021, 2026

Macro context

2020-Q2/Q3 COVID lockdown

2022 energy crisis

2023-2024 ECB rate hikes

Legend

Bankruptcy

Interim / reorg

KBO event

Belgisch Staatsblad, acts 3 acts

All acts · 3 updated 10 months ago

2025

15-09-2025 1 director appointed, 1 resigning Director changes

Gushani Halit, Bestuurder
Gusani Kadrus, Bestuurder

Original publication ↗

Technical details

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  "corrected_publication_numac": null
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28-01-2025 1 director appointed, 1 resigning Director changes

Gusani Kadrus, Bestuurder
Begani Elmendin, Bestuurder

Original publication ↗

Technical details

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      "decharge_status": null,
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    "is_associated": false
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  "act_meta": {
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2024

27-12-2024 1 director appointed, 1 resigning Director changes

Begani Elmendin, Bestuurder
Gushani Sahit, Bestuurder

Original publication ↗

Technical details

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    "pub_date": "2024-12-27",
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Company registry (CBE) Crossroads Bank

Activities

Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)45113Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)47811Groothandel in auto's en lichte bestelwagens (= 3,5 ton)45111Handelsbemiddeling in auto's en lichte bestelwagens (= 3,5 ton)45112Handel in aanhangwagens, opleggers en caravans45194Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)45201Handelsbemiddeling en groothandel in onderdelen en accessoires van motorvoertuigen45310Handelsbemiddeling in de groothandel in andere specifieke goederen46180Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)46711Groothandel in aanhangwagens, opleggers en caravans46713Groothandel in delen en toebehoren van motorvoertuigen46720Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)95311

Primary activity highlighted.

Names & trade names

Legal nameNL

PLUS-MOTORS

Registered office

Sint-Jansplein 11

9100 Sint-Niklaas, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

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