PLUSCI
ActiveSummary
PLUSCI has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €120k and a net result of €-10k. Equity is growing by ~82.7% per year across the filed fiscal years. Its solvency ranks better than 53% of 9517 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability63▼-18
Solvency79▲+10
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity tight (current ratio 1.2 against 1.03 in 2023; short-term debt: 45.7% and cash: 12.5% of total assets), and 45.7% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
54.3%
Return on assets
-4.3%
Age of the figures
21 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
90 d late
2022
71 d late
2021
79 d late
2020
31 d late
2019
68 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Go further with this company
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Financials · fiscal year 2024, micro schema
Equity
€120k▼ 7.4%
2023 · €130k
Total assets
€222k▼ 24.3%
2023 · €293k
Net result
€-10k
2023 · €29k
Working capital
€20k▲ 350%
2023 · €4k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€24k▲ 705%€18k▼ 26.1%€121k▲ 581%€41k▼ 65.9%€-9k
Net result€20k▲ 783%€13k▼ 37.2%€93k▲ 628%€29k▼ 68.4%€-10k
Equity€24k▲ 196%€35k▲ 47.1%€114k▲ 223%€130k▲ 14.0%€120k▼ 7.4%
Total assets€56k▲ 22.5%€67k▲ 19.0%€254k▲ 279%€293k▲ 15.3%€222k▼ 24.3%
Debt€32k▼ 14.7%€32k▼ 1.9%€140k▲ 340%€163k▲ 16.5%€101k▼ 37.8%
Working capital€14k€27k▲ 94.7%€-24k€4k€20k▲ 350%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €9k after €41k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €222k
Fixed assets
€101k ▼ 20.2%
Current assets
€121k ▼ 27.3%
Equity and liabilities €222k
Equity
€120k ▼ 7.4%
Debt
€101k ▼ 37.8%
Debt's share of the balance-sheet total falls from 55.6% to 45.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€22k▼
2023 · €72k
Cash flow
€22k▼
2023 · €60k
Current ratio
1.20▲
2023 · 1.03
Debt to equity
0.84▼
2023 · 1.25
ROE
-7.9%▼
2023 · 22.6%
ROA
-4.3%▼
2023 · 10.1%
Interest coverage
56.04▼
2023 · 118.38
Debt ≤ 1 year
€101k▼
2023 · €162k
Income taxes
€181▼
2023 · €11k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5k | €6k | €10k | €31k | €31k | ▲ 1.1% |
| Other operating charges640/8 | - | €1k | €1k | €1k | €8k | ▲ 557% |
| Gross operating margin9900 | €30k | €25k | €132k | €73k | €30k | ▼ 58.5% |
| Operating profit (loss)9901 | €24k | €18k | €121k | €41k | €-9k | ▼ 122% |
| Financial income75/76B | - | - | €3 | €146 | €106 | ▼ 27.2% |
| Recurring financial income75 | €24 | - | €3 | €146 | €106 | ▼ 27.2% |
| Financial charges65/66B | - | €153 | €566 | €610 | €397 | ▼ 34.9% |
| Recurring financial charges65 | €138 | €153 | €566 | €610 | €397 | ▼ 34.9% |
| Profit (loss) for the period before taxes9903 | €24k | €18k | €120k | €41k | €-9k | ▼ 123% |
| Income taxes67/77 | €3k | €5k | €27k | €11k | €181 | ▼ 98.4% |
| Profit (loss) for the period9904 | €20k | €13k | €93k | €29k | €-10k | ▼ 133% |
| Profit (loss) for the period to be appropriated9905 | €20k | €13k | €93k | €29k | €-10k | ▼ 133% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €56k | €67k | €254k | €293k | €222k | ▼ 24.3% |
| Fixed assets21/28 | €10k | €9k | €138k | €126k | €101k | ▼ 20.2% |
| Tangible fixed assets22/27 | €10k | €9k | €136k | €124k | €98k | ▼ 20.6% |
| Plant, machinery and equipment23 | - | €667 | €351 | €3k | €7k | ▲ 187% |
| Furniture and vehicles24 | - | €8k | €107k | €86k | €60k | ▼ 30.6% |
| Other tangible fixed assets26 | - | - | €29k | €35k | €31k | ▼ 11.3% |
| Financial fixed assets28 | - | - | €2k | €2k | €2k | = |
| Current assets29/58 | €46k | €58k | €116k | €167k | €121k | ▼ 27.3% |
| Amounts receivable after more than one year29 | - | - | - | €4k | €563 | ▼ 85.6% |
| Other amounts receivable291 | - | - | - | €4k | €563 | ▼ 85.6% |
| Stocks and contracts in progress3 | €1k | - | - | - | - | - |
| Amounts receivable within one year40/41 | €25k | €21k | €62k | €52k | €88k | ▲ 70.3% |
| Trade receivables40 | - | €20k | €61k | €48k | €84k | ▲ 75.1% |
| Other amounts receivable41 | - | €1k | €1k | €3k | €3k | ▲ 0.7% |
| Cash at bank and in hand54/58 | €19k | €34k | €52k | €107k | €28k | ▼ 74.2% |
| Deferred charges and accrued income490/1 | - | €3k | €2k | €4k | €5k | ▲ 36.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €56k | €67k | €254k | €293k | €222k | ▼ 24.3% |
| Equity10/15 | €24k | €35k | €114k | €130k | €120k | ▼ 7.4% |
| Contributions10/11 | - | €20k | €20k | €20k | €20k | = |
| Reserves13 | €4k | €15k | €94k | €110k | €110k | = |
| Distributable reserves133 | - | €15k | €94k | €110k | €110k | = |
| Profit (loss) carried forward14 | €-14k | - | €0 | €0 | €-10k | - |
| Amounts payable17/49 | €32k | €32k | €140k | €163k | €101k | ▼ 37.8% |
| Amounts payable within one year42/48 | €32k | €31k | €140k | €162k | €101k | ▼ 37.6% |
| Trade debts44 | €2k | €2k | €66k | €28k | €22k | ▼ 23.5% |
| Suppliers440/4 | - | €2k | €66k | €28k | €22k | ▼ 23.5% |
| Taxes, remuneration and social security45 | - | €8k | €33k | €45k | €16k | ▼ 63.3% |
| Taxes450/3 | - | €6k | €31k | €45k | €16k | ▼ 63.3% |
| Remuneration and social security454/9 | - | €2k | €2k | €0 | - | - |
| Other amounts payable47/48 | - | €22k | €40k | €89k | €63k | ▼ 29.1% |
| Accrued charges and deferred income492/3 | - | €311 | €26 | €543 | €0 | ▼ 100% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €20k | €13k | €93k | €29k | €-10k | ▼ 133% |
| + Depreciation and write-downs630 | €5k | €6k | €10k | €31k | €31k | ▲ 1.1% |
| Operating cash flow (approximation) | €25k | €18k | €103k | €60k | €22k | ▼ 63.9% |
| Investment in fixed assets (approximation) | - | €-4k | €-139k | €-19k | €-6k | ▲ 69.8% |
| Change in cash | - | €16k | €17k | €56k | €-80k | ▼ 243% |
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
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
31-12
Financial
Weakest financial yearnet €-10k
Net result drops to €-10k, the lowest in the series.
29-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 90 days late
2023
10-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 71 days late
2022
31-12
Financial
Highest result since 2018net €93k ▲628%
Operating result €121k, net result €93k, both a record.
31-12
Financial
Equity above €100kEq €114k ▲223%
5 profitable years in a row build equity to €114k.
18-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 79 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
07-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 68 days late
2019
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 21 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Tielt · 1 establishment unit since 2014
Ground area
666 m²
Building footprint
152 m²
Volume, LiDAR
916 m³
Parcel 37302F0109/00F002, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PLUSCI
since 20142.233.072.731
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37302F0109/00F002 | Flanders | 665 m² | 1 · 152 m² | 8.5 m · 2 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.
Public money · subsidies and aid
European Union, budget
2023 to 2024 · 3 entries · 30,000 EUR in total| Year | Entries | awarded |
|---|---|---|
| 2024 | 2 | 15,000 EUR |
| 2023 | 1 | 15,000 EUR |
Projects
PURCHASE ORDER ON IMPACTS AND COSTS OF A CYBER RISK MANAGEMENT FRAMEWORK FOR THE SPACE SECTOR
SUPPORT TO DG DEFIS PARTICIPATION AT THE EU OPEN DOORS DAY IN THE BERLAYMONT BUILDING, 4 MAY 2024
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Of 4,577 companies in sector 82300 we hold annual accounts for 1,673. 1,306 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
Founded18-06-2014
Fiscal year end31-12
Activities, NACEBEL 2025
82300Organisation of conventions and trade shows
77229Renting and leasing of other personal and household goods
Contact
Phone
0477802616Tielt
Scores and ratios are computed by Checked and are not a credit decision.