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PLUSCI

Active
Private limited companyfounded 2014active for 12 yearsMeerlaantjestraat 8, 8700 Tielt, BelgiumKBO/BCE: BE 0555.696.271
Summary

PLUSCI has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €120,423 and a net result of -€9,565. Equity is growing by about 83% per year across the filed financial years. Its solvency ranks better than 54% of 9,461 sector peers (NACE 82, financial year 2024). The computed 12-month bankruptcy probability is 1.1% (low).

Financials · financial year 2024, micro format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 28 October 2026.

Equity
€120,423▼ 7.4%
2023 · €129,988
Total assets
€221,673▼ 24.3%
2023 · €292,688
Net result
-€9,565
2023 · €29,423
Working capital
€19,826▲ 350%
2023 · €4,405
Trend over the years

2020 to 2024, 5 financial years 2018 to 2024, 7 financial years

The operating result turns negative in 2024: a loss of €9,093 after €41,228 in 2023, the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€9,093 2024 Net result-€9,565 2024

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 82, Office administrative, office support and other business support activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2018201920202021202220232024
Operating result€6,550-€2,982▼ 54.5%€24,013▲ 705%€17,756▼ 26.1%€120,833▲ 581%€41,228▼ 65.9%-€9,093
Net result€6,146-€2,312▼ 62.4%€20,408within the sector's middle half▲ 783%€12,808within the sector's middle half▼ 37.2%€93,250above the sector's middle half▲ 628%€29,423within the sector's middle half▼ 68.4%-€9,565below the sector's middle half
Equity€5,787-€8,100▲ 40.0%€24,008within the sector's middle half▲ 196%€35,315within the sector's middle half▲ 47.1%€114,065within the sector's middle half▲ 223%€129,988within the sector's middle half▲ 14.0%€120,423within the sector's middle half▼ 7.4%
Total assets€55,906-€46,000▼ 17.7%€56,342within the sector's middle half▲ 22.5%€67,035within the sector's middle half▲ 19.0%€253,741within the sector's middle half▲ 279%€292,688within the sector's middle half▲ 15.3%€221,673within the sector's middle half▼ 24.3%
Debt€50,119-€37,901▼ 24.4%€32,334▼ 14.7%€31,719▼ 1.9%€139,676▲ 340%€162,700▲ 16.5%€101,250▼ 37.8%
Working capital-€9,385--€3,728▲ 60.3%€13,872within the sector's middle half€27,011within the sector's middle half▲ 94.7%-€23,754below the sector's middle half€4,405within the sector's middle half€19,826within the sector's middle half▲ 350%
Solvency10.4%-17.6%▲ 7.3pp42.6%within the sector's middle half▲ 25.0pp52.7%within the sector's middle half▲ 10.1pp45.0%within the sector's middle half▼ 7.7pp44.4%within the sector's middle half▼ 0.5pp54.3%within the sector's middle half▲ 9.9pp
Current ratio0.81-0.90▲ 0.091.43within the sector's middle half▲ 0.531.86within the sector's middle half▲ 0.430.83below the sector's middle half▼ 1.031.03within the sector's middle half▲ 0.201.20within the sector's middle half▲ 0.17
Return on assets (ROA)11.0%-5.0%▼ 6.0pp36.2%above the sector's middle half▲ 31.2pp19.1%within the sector's middle half▼ 17.1pp36.7%above the sector's middle half▲ 17.6pp10.1%within the sector's middle half▼ 26.7pp-4.3%below the sector's middle half▼ 14.4pp
above within below the middle half of NACE 82, Office administrative, office support and other business support activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €221,673
Fixed assets €100,597 ▼ 20.2%
Current assets €121,076 ▼ 27.3%
Equity and liabilities €221,673
Equity €120,423 ▼ 7.4%
Debt €101,250 ▼ 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
2024 value · change against 2023
EBITDA
€22,270▼
2023 · €72,235
Cash flow
€21,798▼
2023 · €60,430
Debt to equity
0.84▼
2023 · 1.25
ROE
-7.9%▼
2023 · 22.6%
Interest coverage
56.04▼
2023 · over 100
Debt ≤ 1 year
€101,250▼
2023 · €162,157
Income taxes
€181▼
2023 · €11,341
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,908 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 90.9% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a small loss
1.1% went bankrupt
7.8% stopped otherwise
90.9% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 6,908 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 47 lines
Balance sheet Code20232024
Assets
Total assets20/58€292,688€221,673▼
Fixed assets21/28€126,126€100,597▼
Tangible fixed assets22/27€123,786€98,257▼
Plant, machinery and equipment23€2,562€7,358▲
Furniture and vehicles24€86,193€59,834▼
Other tangible fixed assets26€35,032€31,064▼
Financial fixed assets28€2,340€2,340=
Current assets29/58€166,561€121,076▼
Amounts receivable after more than one year29€3,925€563▼
Other amounts receivable291€3,925€563▼
Amounts receivable within one year40/41€51,547€87,760▲
Trade receivables40€48,192€84,383▲
Other amounts receivable41€3,355€3,377▲
Cash at bank and in hand54/58€107,405€27,736▼
Deferred charges and accrued income490/1€3,685€5,017▲
Equity and liabilities
Total equity and liabilities10/49€292,688€221,673▼
Equity10/15€129,988€120,423▼
Contributions10/11€20,000€20,000=
Reserves13€109,988€109,988=
Distributable reserves133€109,988€109,988=
Profit (loss) carried forward14€0-€9,565▼
Amounts payable17/49€162,700€101,250▼
Amounts payable within one year42/48€162,157€101,250▼
Trade debts44€28,221€21,595▼
Suppliers440/4€28,221€21,595▼
Taxes, remuneration and social security45€44,674€16,389▼
Taxes450/3€44,674€16,389▼
Remuneration and social security454/9€0-
Other amounts payable47/48€89,261€63,266▼
Accrued charges and deferred income492/3€543€0▼
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€31,007€31,363▲
Other operating charges640/8€1,253€8,228▲
Gross operating margin9900€73,488€30,498▼
Operating profit (loss)9901€41,228-€9,093▼
Financial income75/76B€146€106▼
Recurring financial income75€146€106▼
Financial charges65/66B€610€397▼
Recurring financial charges65€610€397▼
Profit (loss) for the period before taxes9903€40,764-€9,384▼
Income taxes67/77€11,341€181▼
Profit (loss) for the period9904€29,423-€9,565▼
Profit (loss) for the period to be appropriated9905€29,423-€9,565▼
Appropriation of the result
Profit (loss) to be appropriated9906€29,423-€9,565▼
Transfer to equity691/2€15,923€0▼
To other reserves6921€15,923€0▼
Profit to be distributed694/7€13,500€0▼
Directors or managers695€13,500€0▼

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2018201920202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,678€4,616€4,886€5,668€9,944€31,007€31,363▲ 1.1%
Other operating charges640/8---€1,080€1,340€1,253€8,228▲ 557%
Gross operating margin9900€12,156€8,704€29,869€24,505€132,117€73,488€30,498▼ 58.5%
Operating profit (loss)9901€6,550€2,982€24,013€17,756€120,833€41,228-€9,093-
Financial income75/76B----€3€146€106▼ 27.2%
Recurring financial income75€0-€24-€3€146€106▼ 27.2%
Financial charges65/66B---€153€566€610€397▼ 34.9%
Recurring financial charges65€352€264€138€153€566€610€397▼ 34.9%
Profit (loss) for the period before taxes9903€6,198€2,717€23,899€17,604€120,269€40,764-€9,384-
Income taxes67/77€53€405€3,491€4,796€27,019€11,341€181▼ 98.4%
Profit (loss) for the period9904€6,146€2,312€20,408€12,808€93,250€29,423-€9,565-
Profit (loss) for the period to be appropriated9905€6,146€2,312€20,408€12,808€93,250€29,423-€9,565-
Line2018201920202021202220232024Change
Assets
Total assets20/58€55,906€46,000€56,342€67,035€253,741€292,688€221,673▼ 24.3%
Fixed assets21/28€15,173€11,911€10,446€8,615€137,845€126,126€100,597▼ 20.2%
Tangible fixed assets22/27€15,173€11,911€10,446€8,615€135,505€123,786€98,257▼ 20.6%
Plant, machinery and equipment23---€667€351€2,562€7,358▲ 187%
Furniture and vehicles24---€7,949€106,532€86,193€59,834▼ 30.6%
Other tangible fixed assets26----€28,622€35,032€31,064▼ 11.3%
Financial fixed assets28----€2,340€2,340€2,340=
Current assets29/58€40,733€34,089€45,896€58,419€115,896€166,561€121,076▼ 27.3%
Amounts receivable after more than one year29-----€3,925€563▼ 85.6%
Other amounts receivable291-----€3,925€563▼ 85.6%
Stocks and contracts in progress3--€1,227-----
Amounts receivable within one year40/41€27,282€26,989€25,342€20,722€62,344€51,547€87,760▲ 70.3%
Trade receivables40---€19,518€61,001€48,192€84,383▲ 75.1%
Other amounts receivable41---€1,204€1,343€3,355€3,377▲ 0.7%
Cash at bank and in hand54/58€12,084€6,609€18,692€34,286€51,583€107,405€27,736▼ 74.2%
Deferred charges and accrued income490/1---€3,411€1,969€3,685€5,017▲ 36.2%
Equity and liabilities
Total equity and liabilities10/49€55,906€46,000€56,342€67,035€253,741€292,688€221,673▼ 24.3%
Equity10/15€5,787€8,100€24,008€35,315€114,065€129,988€120,423▼ 7.4%
Contributions10/11€20,000€20,000-€20,000€20,000€20,000€20,000=
Reserves13--€4,008€15,315€94,065€109,988€109,988=
Distributable reserves133---€15,315€94,065€109,988€109,988=
Profit (loss) carried forward14-€14,213-€11,900--€0€0-€9,565-
Amounts payable17/49€50,119€37,901€32,334€31,719€139,676€162,700€101,250▼ 37.8%
Amounts payable within one year42/48€50,119€37,817€32,023€31,409€139,650€162,157€101,250▼ 37.6%
Trade debts44€5,311€5,793€2,089€1,662€66,252€28,221€21,595▼ 23.5%
Suppliers440/4---€1,662€66,252€28,221€21,595▼ 23.5%
Taxes, remuneration and social security45---€8,152€33,273€44,674€16,389▼ 63.3%
Taxes450/3---€6,163€31,284€44,674€16,389▼ 63.3%
Remuneration and social security454/9---€1,989€1,989€0--
Other amounts payable47/48---€21,595€40,124€89,261€63,266▼ 29.1%
Accrued charges and deferred income492/3---€311€26€543€0▼ 100%
Line2018201920202021202220232024Change
Profit (loss) for the period9904€6,146€2,312€20,408€12,808€93,250€29,423-€9,565-
+ Depreciation and write-downs630€4,678€4,616€4,886€5,668€9,944€31,007€31,363▲ 1.1%
Operating cash flow (approximation)€10,823€6,928€25,294€18,476€103,194€60,430€21,798▼ 63.9%
Investment in fixed assets (approximation)--€1,355-€3,421-€3,837-€139,174-€19,288-€5,833▲ 69.8%
Change in cash--€5,475€12,083€15,594€17,297€55,822-€79,670-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (10)
Financial year Type Filed Reference
31-12-2024 micro format 29-09-2025 2025-00508632
31-12-2023 micro format 29-10-2024 2024-00517556
31-12-2022 micro format 10-10-2023 2023-00479819
31-12-2021 micro format 18-10-2022 2022-20464622
31-12-2020 micro format 31-08-2021 2021-63000066
31-12-2019 micro format 07-10-2020 2020-59800371
31-12-2018 micro format 21-08-2019 2019-48700379
31-12-2017 micro format 31-08-2018 2018-59300277
31-12-2016 micro format 28-08-2017 2017-49900053
31-12-2015 abbreviated format 30-08-2016 2016-52400514

Similar companies · same sector, comparable size

Of the 4,524 active companies whose main activity is organisation of conventions and trade shows (NACE 82300), figures are known for 1,701. 1,326 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

European Union, budget

2023 to 2024 · 3 entries · €30,000 in total
Year Entries Awarded
2024 2 €15,000
2023 1 €15,000
Projects
PURCHASE ORDER ON IMPACTS AND COSTS OF A CYBER RISK MANAGEMENT FRAMEWORK FOR THE SPACE SECTOR
European Space Programme · 01-01-2024 to 01-03-2024 · €15,000
SUPPORT TO DG DEFIS PARTICIPATION AT THE EU OPEN DOORS DAY IN THE BERLAYMONT BUILDING, 4 MAY 2024
European Space Programme · 26-04-2024 to 25-06-2024 · €15,000

Public contracts

2 awards · 2025 to 2026
Provision of Event and Exhibition Organisation, Materials and Support Services
buyer: European Union Agency for the Space ProgrammeBusiness servicesawarded 30-03-20266 tendersTED 237583-2026
Events for the Copernicus SESA Service
buyer: European Union Satellite CentreBusiness servicespublished 26-06-20254 tendersTED 413277-2025

Source: TED (Tenders Electronic Daily), Publications Office of the European Union. Values as the buyer published them; for a framework agreement, a ceiling.