PLUS PROJECTS
ActiveSummary
PLUS PROJECTS has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €115,524 and a net result of €10,404. Equity has been growing by about 26% per year since 2018. Its solvency ranks better than 47% of 2,799 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 03-06-2016 Normal situation
- Activity
- General construction of residential buildings NACE 41001and 2 others
- Establishment unit
- 2.254.126.283 2900 Schoten, since 03-06-2016
- Financial year end
- 31 December
- Peppol
- Reachable since 18-11-2025
Board and ownership
- BETTONVIEL Frank WilhelmusDirector · since 03-06-2016
- DE BACKER RoelofDirector · since 03-06-2016
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.9%
- Gross margin
- €41,156
- ▼ 55.4%
- Turnover
- ≈ €190,000
- estimated
- Profit
- €10,404
- ▼ 78.6%
- Equity
- €115,524
- ▲ 9.9%
- Total assets
- €319,356
- ▼ 33.9%
Score breakdownraises riskSector: Construction of residential and non-residential buildings (NACE 41)Liquidity: current ratio 1.33, cash €21,675, halvedProfit of €10,404 (financial year 2025)lowers riskFigures for financial year 2025 (filed on 16-06-2026)Show the evidence
Checked score
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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, 25% on liquidity, 47% on profitability and 54% on growth.
The bankruptcy probability was computed on 03-11-2026 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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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 12 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 16-06-2026 at the NBB all 9 filings
Every figure per financial year
The operating result for 2025 is 78% lower than in 2024.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €1,094 | €9,624 | €34,031 | €82,452 | €1,867 |
| Financial fixed assets | - | €300 | - | - | €0 |
| Depreciation and write-downs of the year | €7,608 | €8,230 | €14,078 | €23,759 | €21,756 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €424 | €1,110 | €3,754 | €7,608 | €8,230 | €14,078 | €23,759 | €21,756 | ▼ 8.4% |
| Other operating charges640/8 | - | - | - | €1,614 | €1,372 | €3,784 | €1,537 | €4,681 | ▲ 205% |
| Gross operating margin9900 | €16,075 | €7,921 | €5,113 | €8,056 | -€7,516 | €71,628 | €92,372 | €41,156 | ▼ 55.4% |
| Operating profit (loss)9901 | €14,559 | €5,737 | -€939 | -€1,166 | -€17,118 | €53,767 | €67,076 | €14,719 | ▼ 78.1% |
| Financial income75/76B | - | - | - | €3,710 | €947 | €1,601 | €1,889 | €1,233 | ▼ 34.7% |
| Recurring financial income75 | €1,835 | €875 | €2,017 | €3,710 | €947 | €1,601 | €1,889 | €1,233 | ▼ 34.7% |
| Financial charges65/66B | - | - | - | €492 | €471 | €1,695 | €1,099 | €2,117 | ▲ 92.6% |
| Recurring financial charges65 | €2,998 | €507 | €658 | €492 | €471 | €1,695 | €1,099 | €2,117 | ▲ 92.6% |
| Profit (loss) for the period before taxes9903 | €13,395 | €6,105 | €420 | €2,052 | -€16,643 | €53,673 | €67,866 | €13,835 | ▼ 79.6% |
| Income taxes67/77 | €2,757 | €1,662 | €403 | €253 | €120 | €10,269 | €19,221 | €3,431 | ▼ 82.2% |
| Profit (loss) for the period9904 | €10,638 | €4,443 | €17 | €1,799 | -€16,763 | €43,404 | €48,645 | €10,404 | ▼ 78.6% |
| Profit (loss) for the period to be appropriated9905 | €10,638 | €4,443 | €17 | €1,799 | -€16,763 | €43,404 | €48,645 | €10,404 | ▼ 78.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €247,460 | €367,386 | €201,755 | €146,275 | €168,463 | €241,976 | €483,004 | €319,356 | ▼ 33.9% |
| Formation expenses20 | €0 | - | - | - | - | - | - | - | - |
| Fixed assets21/28 | €2,352 | €2,952 | €31,834 | €25,070 | €26,763 | €46,716 | €105,410 | €85,521 | ▼ 18.9% |
| Intangible fixed assets21 | €0 | - | - | - | - | - | - | - | - |
| Tangible fixed assets22/27 | €1,531 | €2,481 | €31,113 | €24,599 | €25,992 | €45,945 | €104,639 | €84,750 | ▼ 19.0% |
| Plant, machinery and equipment23 | - | - | - | €261 | €787 | €523 | €1,096 | €751 | ▼ 31.5% |
| Furniture and vehicles24 | - | - | - | €24,338 | €20,403 | €34,868 | €94,769 | €77,006 | ▼ 18.7% |
| Other tangible fixed assets26 | - | - | - | - | €4,802 | €10,554 | €8,774 | €6,994 | ▼ 20.3% |
| Financial fixed assets28 | €821 | €471 | €721 | €471 | €771 | €771 | €771 | €771 | = |
| Current assets29/58 | €245,108 | €364,434 | €169,921 | €121,205 | €141,700 | €195,260 | €377,595 | €233,835 | ▼ 38.1% |
| Stocks and contracts in progress3 | €167,750 | €0 | - | - | - | - | - | - | - |
| Amounts receivable within one year40/41 | €69,761 | €282,753 | €90,129 | €71,027 | €118,814 | €162,931 | €292,484 | €208,536 | ▼ 28.7% |
| Trade receivables40 | - | - | - | €65,241 | €117,435 | €56,235 | €271,883 | €50,333 | ▼ 81.5% |
| Other amounts receivable41 | - | - | - | €5,786 | €1,380 | €106,695 | €20,601 | €158,203 | ▲ 668% |
| Current investments50/53 | €5,690 | €7,200 | €7,200 | €0 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €1,907 | €30,009 | €69,896 | €47,982 | €19,871 | €29,085 | €48,897 | €21,675 | ▼ 55.7% |
| Deferred charges and accrued income490/1 | - | - | - | €2,196 | €3,014 | €3,244 | €36,213 | €3,624 | ▼ 90.0% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €247,460 | €367,386 | €201,755 | €146,275 | €168,463 | €241,976 | €483,004 | €319,356 | ▼ 33.9% |
| Equity10/15 | €23,575 | €28,017 | €28,034 | €29,834 | €13,071 | €56,475 | €105,120 | €115,524 | ▲ 9.9% |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €17,375 | €17,375 | €17,375 | €17,375 | €17,375 | €17,375 | €17,375 | €17,375 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €0 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €0 | - | - | - |
| Distributable reserves133 | - | - | - | €15,515 | €15,515 | €17,375 | €17,375 | €17,375 | = |
| Profit (loss) carried forward14 | €0 | €4,443 | €4,460 | €6,259 | -€10,504 | €32,900 | €81,545 | €91,950 | ▲ 12.8% |
| Provisions and deferred taxes16 | €0 | - | - | - | - | - | - | - | - |
| Amounts payable17/49 | €223,885 | €339,369 | €173,721 | €116,441 | €155,392 | €185,502 | €377,884 | €203,832 | ▼ 46.1% |
| Amounts payable after more than one year17 | €0 | - | €23,168 | €16,935 | €10,639 | €21,615 | €40,450 | €28,094 | ▼ 30.5% |
| Financial debts170/4 | - | - | - | €16,935 | €10,639 | €21,615 | €40,450 | €28,094 | ▼ 30.5% |
| Amounts payable within one year42/48 | €223,885 | €336,647 | €130,553 | €99,506 | €144,754 | €143,887 | €337,434 | €175,738 | ▼ 47.9% |
| Current portion of amounts payable after more than one year42 | - | - | - | €6,233 | €6,297 | €11,516 | €16,165 | €12,356 | ▼ 23.6% |
| Financial debts43 | - | - | - | - | - | - | €917 | €0 | ▼ 100% |
| Credit institutions430/8 | - | - | - | - | - | - | €917 | €0 | ▼ 100% |
| Trade debts44 | €64,998 | €240,035 | €25,951 | €7,838 | €12,872 | €2,816 | €106,348 | €46,860 | ▼ 55.9% |
| Suppliers440/4 | - | - | - | €7,838 | €12,872 | €2,816 | €106,348 | €46,860 | ▼ 55.9% |
| Taxes, remuneration and social security45 | - | - | - | €8,073 | €4,194 | €11,867 | €19,766 | €24,343 | ▲ 23.2% |
| Taxes450/3 | - | - | - | €8,073 | €4,194 | €10,617 | €19,766 | €19,640 | ▼ 0.6% |
| Remuneration and social security454/9 | - | - | - | €0 | - | €1,250 | €0 | €4,704 | - |
| Other amounts payable47/48 | - | - | - | €77,363 | €121,392 | €117,688 | €194,238 | €92,179 | ▼ 52.5% |
| Accrued charges and deferred income492/3 | - | - | - | €0 | - | €20,000 | €0 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,638 | €4,443 | €17 | €1,799 | -€16,763 | €43,404 | €48,645 | €10,404 | ▼ 78.6% |
| + Depreciation and write-downs630 | €424 | €1,110 | €3,754 | €7,608 | €8,230 | €14,078 | €23,759 | €21,756 | ▼ 8.4% |
| Operating cash flow (approximation) | €11,061 | €5,553 | €3,771 | €9,408 | -€8,532 | €57,482 | €72,404 | €32,160 | ▼ 55.6% |
| Investment in fixed assets (approximation) | - | -€1,709 | -€32,636 | -€844 | -€9,924 | -€34,031 | -€82,452 | -€1,867 | ▲ 97.7% |
| Change in cash | - | €28,101 | €39,887 | -€21,914 | -€28,111 | €9,214 | €19,812 | -€27,223 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 10,904 companies had the same profile as PLUS PROJECTS has now. Two years later, 95.1% were still going and 0.7% had gone bankrupt.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
The bankruptcy probability of PLUS PROJECTS itself is higher: 0.9% within 12 months. It rests on far more data about PLUS PROJECTS than the profile alone.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 10,904 companies, not a prediction for PLUS PROJECTS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Filings with the National Bank (9)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 16-06-2026 | 2026-00165524 | |
| 31-12-2024 | abbreviated format | 12-08-2025 | 2025-00374158 | |
| 31-12-2023 | abbreviated format | 09-08-2024 | 2024-00340973 | |
| 31-12-2022 | abbreviated format | 29-09-2023 | 2023-00468600 | |
| 31-12-2021 | abbreviated format | 29-07-2022 | 2022-20263757 | |
| 31-12-2020 | abbreviated format | 18-06-2021 | 2021-22300120 | |
| 31-12-2019 | abbreviated format | 29-10-2020 | 2020-65300266 | |
| 31-12-2018 | abbreviated format | 30-10-2019 | 2019-72300109 | |
| 31-12-2017 | abbreviated format | 21-08-2018 | 2018-48000177 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 30-10-2023 Capital stated in the deed · 100 shares
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| BETTONVIEL Frank Wilhelmus |
|
| DE BACKER Roelof |
|
Network & group
Companies at the same address
2 other companiesConnections & network
2 connected companiesThe connected companies are in the list below.
Timeline
Acts, filings and financial milestones
30-10
Gazette deed
Changes of role: BETTONVIEL Frank Wilhelmus (director) and DE BACKER Roelof (director)Amendment of the articles · Reserve release · Director discharge11 points ▸
- General meeting, 29-09-2023
- Amendment of the articles, mentioned 2 times in the deed
- Reserve release, “opheffing statutair onbeschikbare eigen vermogensrekening en beschikbaar maken voor uitkering, onmiddellijk” (deed in Dutch)
- Other provision, “voorlichting comparanten over draagwijdte en verantwoordelijkheden, artikelen 5:141,5:142,5:143,5:144 WVV” (deed in Dutch)
- Director resignation, BETTONVIEL Frank Wilhelmus (manager)
- Director resignation, DE BACKER Roelof (manager)
- Director discharge, BETTONVIEL Frank Wilhelmus
- Director discharge, DE BACKER Roelof
- Director appointment, BETTONVIEL Frank Wilhelmus (director)
- Director appointment, DE BACKER Roelof (director)
- Capital
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
13 activities
- Het aankopen,bouwen,verbouwen,decoreren en verkopen van onroerende goederen,zowel in eigen beheer als door tussenkomst van derden.
- Tussenpersoon in de handel van onroerende en roerende goederen,alsook projectontwikkeling ervan.
- Het renoveren of laten renoveren van gebouwen.
- Tuininrichting en onderhoud,binnen-en buitenhuisarchitectuur.
- Schilder-en behangwerken,keuken-en badkamerinrichting,sanitaire werken en installatie centrale verwarming.
- Het uitoefenen van management-en beheersfuncties,consulting,administratieve diensten in en voor ondernemingen.
- Het besturen van vennootschappen,het uitoefenen van de functie van bestuurder en vereffenaar van vennootschappen.
- Het verlenen van advies en dlenstprestaties van economische aard aan zowel bedrijven als particulieren,zowel in eigen beheer als in deelname met derden.
- De aan-en verkoop,import en export van handelsgoederen.
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen,alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten,zoals de aan-en verkoop,de bouw,de verbouwing,de binnenhuisinrichting en decoratie,de huur en verhuur,de ruil,de verkaveling en in het algemeen,alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het beheer of het productief maken van onroerende goederen of zakelijke onroerende zakelijke rechten.
- Het bestuur en normaal beheer van een roerend en onroerend patrimonium,met inbegrip van het onderhoud,de verhuring,de inpandgeving,verkaveling en verfraaiing en de verbetering en in algemene zin alles wat ten goede komt van dergelijk patrimonium.Zulks omvat het verwerven en oordeelkundig uitbreiden van het patrimonium,waarvan ook de onroerende goederen kunnen worden vervreemd indlen daartoe gegronde redenen bestaan.
- Dit voorwerp omvat alle handelingen die rechtstreeks en onrechtstreeks bij de hierboven opgesomde doeleinden in verband staan en die van die aard zijn om de waarde van het patrimonium in stand te houden,te vergroten of tegen gelijk welke vorm van waardevermindering te beschermen,respectievelijk dergelijke waardevermindering te voorkomen of te herstellen.
- De vennootschap mag alle roerende en onroerende goederen,materialen en benodigdheden,verwerven huren of verhuren,vervaardigen,overdragen of ruilen en in het algemeen,alle handelingen verrichten,die rechtstreeks of onrechtstreeks in verband staan met haar doel,met inbegrip van de uitbating van alle intellectuele rechten en van industriële of commerciële elgendommen die er betrekking op hebben.Zij mag alle roerende en onroerende goederen als investering verwerven,zelfs als deze noch rechtstreeks noch onrechtstreeks verband houden met het voorwerp.
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0655.893.709
Financial year and general meeting
Accounts at the NBBRecognitions · licences · registrations
Recognised contractor
2 categories- D General building contractsclass 1, up to €162,000
- D1 All shell construction and roofing-in of buildingsclass 1, up to €162,000
Sites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11040D0268/00V004 | Flanders | 1,386 m² | 1 · 208 m² | 9.6 m · 2 |