PLUS PROJECTS
ActivePLUS PROJECTS has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €105k and a net result of €49k. Equity is growing by ~19.1% per year across the filed fiscal years. Its solvency ranks better than 30% of 2096 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
58
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability81▼-10
Solvency47▼-1
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity tight (current ratio 1.12 against 1.36 in 2023; short-term debt: 69.9% and cash: 10.1% of total assets), and 78.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 12-08-2025, 12 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 · 8 filingsDeviation from the deadline
2025
not confirmed
2024
12 d late
2023
9 d late
2022
60 d late
2021
2 d early
2020
43 d early
2019
90 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€105k▲ 86.1%
2023 · €56k
2018: €24k
2019: €28k
2020: €28k
2021: €30k
2022: €13k
2023: €56k
2018 → 2024
Total assets
€483k▲ 99.6%
2023 · €242k
2018: €247k
2019: €367k
2020: €202k
2021: €146k
2022: €168k
2023: €242k
2018 → 2024
Net result
€49k▲ 12.1%
2023 · €43k
2018: €11k
2019: €4k
2020: €17
2021: €2k
2022: €-17k
2023: €43k
2018 → 2024
Working capital
€40k▼ 21.8%
2023 · €51k
2018: €21k
2019: €28k
2020: €39k
2021: €22k
2022: €-3k
2023: €51k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€28k-€30k▲ 6.4%€13k▼ 56.2%€56k▲ 332%€105k▲ 86.1%
Operating result€-939-€-1k▼ 24.1%€-17k▼ 1,368%€54k€67k▲ 24.8%
Net result€17-€2k▲ 10,447%€-17k€43k€49k▲ 12.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 25% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €483k
Fixed assets
€105k▲ 126%
Current assets
€378k▲ 93.4%
Equity and liabilities €483k
Equity
€105k▲ 86.1%
Debt
€378k▲ 104%
The debt ratio rises from 76.7% to 78.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€91k▲
2023 · €68k
Cash flow
€72k▲
2023 · €57k
Solvency
21.8%▼
2023 · 23.3%
Current ratio
1.12▼
2023 · 1.36
Quick ratio
1.12▼
2023 · 1.36
Debt / equity
3.59▲
2023 · 3.28
ROE
46.3%▼
2023 · 76.9%
ROA
10.1%▼
2023 · 17.9%
Interest coverage
82.64▲
2023 · 40.03
Debt
€378k▲
2023 · €186k
Debt ≤ 1 year
€337k▲
2023 · €144k
Debt > 1 year
€40k▲
2023 · €22k
Income taxes
€19k▲
2023 · €10k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€242k€483k▲
Fixed assets21/28€47k€105k▲
Tangible fixed assets22/27€46k€105k▲
Plant, machinery and equipment23€523€1k▲
Furniture and vehicles24€35k€95k▲
Other tangible fixed assets26€11k€9k▼
Financial fixed assets28€771€771=
Current assets29/58€195k€378k▲
Amounts receivable within one year40/41€163k€292k▲
Trade receivables40€56k€272k▲
Other amounts receivable41€107k€21k▼
Cash at bank and in hand54/58€29k€49k▲
Deferred charges and accrued income490/1€3k€36k▲
Equity and liabilities
Total equity and liabilities10/49€242k€483k▲
Equity10/15€56k€105k▲
Contributions10/11€6k€6k=
Reserves13€17k€17k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€17k€17k=
Profit (loss) carried forward14€33k€82k▲
Amounts payable17/49€186k€378k▲
Amounts payable after more than one year17€22k€40k▲
Financial debts170/4€22k€40k▲
Amounts payable within one year42/48€144k€337k▲
Current portion of amounts payable after more than one year42€12k€16k▲
Financial debts43-€917
Credit institutions430/8-€917
Trade debts44€3k€106k▲
Suppliers440/4€3k€106k▲
Taxes, remuneration and social security45€12k€20k▲
Taxes450/3€11k€20k▲
Remuneration and social security454/9€1k€0▼
Other amounts payable47/48€118k€194k▲
Accrued charges and deferred income492/3€20k€0▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€24k▲
Other operating charges640/8€4k€2k▼
Gross operating margin9900€72k€92k▲
Operating profit (loss)9901€54k€67k▲
Financial income75/76B€2k€2k▲
Recurring financial income75€2k€2k▲
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€54k€68k▲
Income taxes67/77€10k€19k▲
Profit (loss) for the period9904€43k€49k▲
Profit (loss) for the period to be appropriated9905€43k€49k▲
Appropriation of the result
Profit (loss) to be appropriated9906€33k€82k▲
Profit (loss) brought forward from the previous period14P€-11k€33k▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
12-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 12 days late
2024
31-12
Financial
Highest result since 2018net €49k ▲12.1%
Operating result €67k, net result €49k, both a record.
31-12
Financial
Equity above €100kEq €105k ▲86.1%
2 profitable years in a row build equity to €105k.
09-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 9 days late
2023
31-12
Financial
Back to profitnet €43k
Net result €43k after one loss-making year.
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 60 days late
2022
31-12
Financial
Weakest financial yearnet €-17k ▼1032%
Net result drops to €-17k, the lowest in the series; recovery starts the following year.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
18-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 90 days late
2019
30-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 91 days late
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Schoten · 1 establishment unit since 2016
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.
Albert Dineurlaan 162900 SchotenGround area
1,386 m²
Building footprint
208 m²
Volume, LiDAR
1,224 m³
Parcel 11040D0268/00V004, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PLUS PROJECTS
since 20162.254.126.283
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11040D0268/00V004 | Flanders | 1,386 m² | 1 · 208 m² | 9.6 m · 2 fl. |
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.
Recognitions · licences · registrations
Recognised contractor
2 categoriesPLUS PROJECTS BV41493
Similar companies · same sector, comparable size
VOK PROJECTS
BE 0680.423.326
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CEYLAN & CO
BE 0845.660.054
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G-Constructions
BE 0795.606.866
Heusden-Zolder · Eq €105k
SOLID-BXL
BE 0697.790.383
Vorst · Eq €105k
ZELE CONSTRUCT
BE 0802.033.018
Sint-Pieters-Leeuw · Eq €105k
Of 29,801 companies in sector 41001 we hold annual accounts for 16,041. 13,091 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-06-2016
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
68121Development of residential building projects
68122Development of non-residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.