Summary
PLUS PAINT has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.7m. Equity is growing by ~17.4% per year across the filed fiscal years. Its solvency ranks better than 29% of 8765 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
No current score
Insufficient figures
A score requires measurable solvency, liquidity and profitability. Missing figures are not a judgement about the company.
Axes · tick = 2021
Profitability-
Solvency53▼-15
Growth85▲+10
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
28%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
22 d early
2023
6 d early
2022
32 d late
2021
44 d late
2020
19 d early
2019
38 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 2 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 26 July (4 of the last 5 filed years within 37 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Turnover
€7.8m▲ 165%
2021 · €3.0m
EBIT margin
3.6%▼ 4.9pp
2021 · 8.5%
Net result
€176,912▲ 190%
2020 · €61,009
Working capital
€1.6m▲ 82.9%
2021 · €853,810
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019202020212025
Turnover€2.2m-€2.7m€3.0m▲ 8.2%€7.8m-
Operating result€4,217-€114,398▲ 2,613%€94,330▼ 17.5%€251,030▲ 166%€278,971-
Net result-€24,063-€66,195€61,009within the sector's middle half▼ 7.8%€176,912above the sector's middle half▲ 190%
EBIT margin0.2%-3.5%8.5%▲ 5.0pp3.6%-
Equity€551,358-€617,553▲ 12.0%€678,562within the sector's middle half▲ 9.9%€855,474within the sector's middle half▲ 26.1%€1.7mabove the sector's middle half-
Total assets€1.0m-€1.3m▲ 29.7%€1.6mwithin the sector's middle half▲ 21.6%€2.0mwithin the sector's middle half▲ 25.7%€6.0mabove the sector's middle half-
Debt€449,574-€680,919▲ 51.5%€900,981▲ 32.3%€1.1m▲ 25.5%€4.3m-
Working capital€400,952-€567,444▲ 41.5%€672,308above the sector's middle half▲ 18.5%€853,810above the sector's middle half▲ 27.0%€1.6mabove the sector's middle half-
Solvency55.1%-47.6%▼ 7.5pp43.0%within the sector's middle half▼ 4.6pp43.1%within the sector's middle half▲ 0.1pp28.0%within the sector's middle half-
Current ratio1.91-1.83▼ 0.081.75within the sector's middle half▼ 0.091.76within the sector's middle half▲ 0.011.36within the sector's middle half-
Return on assets (ROA)-2.4%-5.1%▲ 7.5pp3.9%within the sector's middle half▼ 1.2pp8.9%within the sector's middle half▲ 5.0pp
Staff (FTE)4-4=3.3within the sector's middle half▼ 17.5%3within the sector's middle half▼ 9.1%
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €278,971 in 2025, compared with €251,030 in 2021. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2025 in colour, 2021 as the grey bar beneath
Assets €6.0m
Fixed assets
€112,667 ▲ 6,671%
Current assets
€5.9m ▲ 196%
Equity and liabilities €6.0m
Equity
€1.7m ▲ 95.7%
Debt
€4.3m ▲ 281%
Debt's share of the balance-sheet total rises from 56.9% to 72.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€314,971▲
2021 · €255,620
Debt to equity
2.57▲
2021 · 1.32
Interest coverage
6.06▼
2021 · 10.11
Debt ≤ 1 year
€4.3m▲
2021 · €1.1m
Income taxes
€126,481▲
2021 · €66,672
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €2.2m | - | €2.7m | €3.0m | €7.8m | - |
| Goods, raw materials, services and sundry goods60/61 | €1.8m | - | €2.3m | €2.5m | €7.5m | - |
| Remuneration, social security and pensions62 | €259,231 | €265,003 | €283,068 | €208,880 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €128,841 | €118,408 | €43,855 | €4,590 | €36,000 | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | -€1,034 | €1,775 | - | -€24,500 | -€14,575 | - |
| Other operating charges640/8 | €11,824 | €16,590 | €34,875 | €12,766 | €14,425 | - |
| Gross operating margin9900 | €403,079 | €516,174 | €456,128 | €452,766 | €314,821 | - |
| Operating profit (loss)9901 | €4,217 | €114,398 | €94,330 | €251,030 | €278,971 | - |
| Financial income75/76B | - | €2,272 | €5,967 | €17,836 | €108,639 | - |
| Recurring financial income75 | - | €2,272 | €5,967 | €17,836 | €108,639 | - |
| Financial charges65/66B | €28,280 | €28,297 | €20,848 | €25,282 | €51,957 | - |
| Recurring financial charges65 | €28,280 | €28,297 | €20,848 | €25,282 | €51,957 | - |
| Profit (loss) for the period before taxes9903 | -€24,063 | €88,373 | €79,449 | €243,584 | €335,652 | - |
| Income taxes67/77 | - | €22,178 | €18,440 | €66,672 | €126,481 | - |
| Profit (loss) for the period9904 | -€24,063 | €66,195 | €61,009 | €176,912 | - | - |
| Profit (loss) for the period to be appropriated9905 | -€24,063 | €66,195 | €61,009 | €176,912 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.0m | €1.3m | €1.6m | €2.0m | €6.0m | - |
| Fixed assets21/28 | €160,291 | €50,109 | €6,254 | €1,664 | €112,667 | - |
| Intangible fixed assets21 | €136,233 | €32,706 | - | - | €112,667 | - |
| Tangible fixed assets22/27 | €24,058 | €17,403 | €6,254 | €1,664 | - | - |
| Plant, machinery and equipment23 | €24,058 | €11,872 | €2,656 | - | - | - |
| Leasing and similar rights25 | - | €5,531 | €3,598 | €1,664 | - | - |
| Current assets29/58 | €840,641 | €1.2m | €1.6m | €2.0m | €5.9m | - |
| Stocks and contracts in progress3 | €37,417 | €45,105 | €45,104 | €22,346 | €0 | - |
| Stocks30/36 | €37,417 | €45,105 | €45,104 | €22,346 | €0 | - |
| Amounts receivable within one year40/41 | €771,968 | €1.2m | €1.4m | €1.9m | €5.6m | - |
| Trade receivables40 | €279,827 | €553,156 | €460,685 | €694,355 | €1.4m | - |
| Other amounts receivable41 | €492,141 | €613,152 | €979,859 | €1.2m | €4.2m | - |
| Cash at bank and in hand54/58 | €20,312 | €23,175 | €76,769 | €73,952 | €251,750 | - |
| Deferred charges and accrued income490/1 | €10,944 | €13,775 | €10,872 | €19,904 | €16,985 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.0m | €1.3m | €1.6m | €2.0m | €6.0m | - |
| Equity10/15 | €551,358 | €617,553 | €678,562 | €855,474 | €1.7m | - |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | - |
| Capital10 | €20,000 | €20,000 | - | - | - | - |
| Issued capital100 | €20,000 | €20,000 | - | - | - | - |
| Reserves13 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | - |
| Non-distributable reserves130/1 | - | - | €2,000 | €2,000 | €0 | - |
| Legal reserve130 | €2,000 | €2,000 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | €2,000 | €2,000 | €0 | - |
| Distributable reserves133 | - | - | - | - | €2,000 | - |
| Profit (loss) carried forward14 | €529,358 | €595,553 | €656,562 | €833,474 | €1.7m | - |
| Amounts payable17/49 | €449,574 | €680,919 | €900,981 | €1.1m | €4.3m | - |
| Amounts payable within one year42/48 | €439,689 | €680,919 | €900,981 | €1.1m | €4.3m | - |
| Trade debts44 | €389,205 | €610,285 | €858,282 | €1.1m | €3.9m | - |
| Suppliers440/4 | €389,205 | €610,285 | €858,282 | €1.1m | €3.9m | - |
| Taxes, remuneration and social security45 | €25,767 | €40,499 | €18,675 | €63,290 | €314,827 | - |
| Taxes450/3 | - | €13,429 | €5,626 | €47,159 | €314,827 | - |
| Remuneration and social security454/9 | €25,767 | €27,070 | €13,049 | €16,131 | - | - |
| Other amounts payable47/48 | €24,717 | €30,135 | €24,024 | €3,992 | €100,155 | - |
| Accrued charges and deferred income492/3 | €9,885 | - | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€24,063 | €66,195 | €61,009 | €176,912 | - | - |
| + Depreciation and write-downs630 | €128,841 | €118,408 | €43,855 | €4,590 | €36,000 | - |
| Operating cash flow (approximation) | €104,778 | €184,603 | €104,864 | €181,502 | €36,000 | - |
| Investment in fixed assets (approximation) | - | -€8,226 | €0 | €0 | - | - |
| Change in cash | - | €2,863 | €53,594 | -€2,817 | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Equity above €1mEq €1.7m ▲95.7%
Equity rises from €855,474 to €1.7m.
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 32 days late
2022
13-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 44 days late
2021
31-12
Financial
Highest result since 2018net €176,912 ▲190%
Operating result €251,030, net result €176,912, both a record.
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €66,195
Net result €66,195 after one loss-making year.
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
04-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts
We know of 10 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
10 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, Mechelen · 1 establishment unit since 2005
Ground area
1.5 ha
Building footprint
1,249 m²
Volume, LiDAR
12,770 m³
Parcel 12403E0903/00N000, Flanders · tallest building 13.3 m, ±4 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Plus Paint
since 20052.226.454.064
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12403E0903/00N000 | Flanders | 1.5 ha | 1 · 1,249 m² | 13.3 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,646 companies in sector 70200 we hold annual accounts for 52,627. 22,195 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded07-04-2005
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
46720Wholesale of motor vehicle parts and accessories
E-invoicing
Reachable via Peppol
Peppol ID
0208:0873308816
Also
9925:BE0873308816
Registered
20-04-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.