Plusvalia
ActiveSummary
The computed 12-month bankruptcy probability of Plusvalia is 1.7% (moderate). The 2025 annual accounts show equity of €36k and a net result of €10k. Equity is shrinking by ~4.5% per year across the filed fiscal years. Its solvency ranks better than 42% of 13305 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
58
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▲+52
Solvency47▲+5
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity tight (current ratio 1.07 against 0.85 in 2024; short-term debt: 20.2% and cash: 6.9% of total assets), and 78.3% 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.
−lowers risk+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 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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
21.7%
Return on assets
6.3%
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 23-01-2026, 189 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
189 d early
2024
61 d late
2023
97 d late
2022
50 d early
2021
39 d early
2020
39 d early
2019
16 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€36k▲ 41.2%
2024 · €25k
2018: €11k
2019: €51k
2020: €72k
2021: €32k
2022: €46k
2023: €37k
2024: €25k
2018 → 2025
Total assets
€165k▲ 9.4%
2024 · €151k
2018: €127k
2019: €165k
2020: €201k
2021: €228k
2022: €107k
2023: €180k
2024: €151k
2018 → 2025
Net result
€10k
2024 · €-12k
2018: €-8k
2019: €40k
2020: €21k
2021: €37k
2022: €14k
2023: €-9k
2024: €-12k
2018 → 2025
Working capital
€2k
2024 · €-3k
2018: €37k
2019: €73k
2020: €80k
2021: €36k
2022: €71k
2023: €5k
2024: €-3k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€32k-€46k▲ 43.3%€37k▼ 19.6%€25k▼ 31.8%€36k▲ 41.2%
Operating result€49k-€33k▼ 33.1%€-4k€-7k▼ 79.3%€19k
Net result€37k-€14k▼ 62.0%€-9k€-12k▼ 30.8%€10k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €19k after a loss of €7k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €165k
Fixed assets
€129k ▼ 4.8%
Current assets
€36k ▲ 138%
Equity and liabilities €165k
Equity
€36k ▲ 41.2%
Provisions
€14k ▲ 31.1%
Debt
€115k ▲ 0.3%
Debt's share of the balance-sheet total falls from 76.0% to 69.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€26k▲
2024 · €6k
Cash flow
€17k▲
2024 · €2k
Current ratio
1.07▲
2024 · 0.85
Debt to equity
3.20▼
2024 · 4.51
ROE
29.2%▲
2024 · -46.6%
ROA
6.3%▲
2024 · -7.9%
Interest coverage
5.44▲
2024 · 1.30
Debt ≤ 1 year
€33k▲
2024 · €18k
Debt > 1 year
€82k▼
2024 · €94k
Income taxes
€501▼
2024 · €698
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€151k€165k▲
Fixed assets21/28€136k€129k▼
Tangible fixed assets22/27€136k€129k▼
Land and buildings22€136k€129k▼
Furniture and vehicles24€95-
Leasing and similar rights25€0-
Current assets29/58€15k€36k▲
Amounts receivable within one year40/41€11k€24k▲
Trade receivables40€6k€491▼
Other amounts receivable41€5k€24k▲
Cash at bank and in hand54/58€2k€11k▲
Deferred charges and accrued income490/1€2k-
Equity and liabilities
Total equity and liabilities10/49€151k€165k▲
Equity10/15€25k€36k▲
Contributions10/11€19k€19k=
Reserves13€43k€53k▲
Tax-exempt reserves132€43k€53k▲
Profit (loss) carried forward14€-37k€-35k▲
Provisions and deferred taxes16€11k€14k▲
Deferred taxes168€11k€14k▲
Amounts payable17/49€115k€115k▲
Amounts payable after more than one year17€94k€82k▼
Financial debts170/4€94k€82k▼
Amounts payable within one year42/48€18k€33k▲
Current portion of amounts payable after more than one year42€12k€13k▲
Trade debts44€8-
Suppliers440/4€8-
Taxes, remuneration and social security45€4k€3k▼
Taxes450/3€4k€3k▼
Other amounts payable47/48€2k€18k▲
Accrued charges and deferred income492/3€3k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€7k▼
Other operating charges640/8€2k€787▼
Gross operating margin9900€8k€26k▲
Operating profit (loss)9901€-7k€19k▲
Financial income75/76B€4€5▲
Recurring financial income75€4€5▲
Financial charges65/66B€5k€5k▲
Recurring financial charges65€5k€5k▲
Profit (loss) for the period before taxes9903€-12k€14k▲
Transfer from deferred taxes780€834€834=
Transfer to deferred taxes680-€4k
Income taxes67/77€698€501▼
Profit (loss) for the period9904€-12k€10k▲
Transfer from tax-exempt reserves789€3k€3k=
Transfer to tax-exempt reserves689-€13k
Profit (loss) for the period to be appropriated9905€-9k€1k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-37k€-35k▲
Profit (loss) brought forward from the previous period14P€-28k€-37k▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
18-09
State Gazette act
Appointment: DAHMANI Laura (non-statutory director)Permanent representative: VAN ROYEN Kristof · Name change · Registered-office move17 facts ▸
State Gazette act
Appointment: DAHMANI Laura (non-statutory director)
Permanent representative: VAN ROYEN Kristof · Name change · Registered-office move17 facts ▸
- Name change, Plusvalia
- Registered-office move, Welkomstraat 104/GVL, 2160 Wommelgem
- Purpose change
- Statutes amendment
- Other statement, statutaire wijziging zetel, toevoeging bepaling ligging zetel in Vlaamse gewest; adres zetel niet meer in statuten vermelden
- Capital conversion, beschikbare rekening ‘inbrengen (buiten kapitaal)’
- Share class, 100, alle bestaande aandelen vertegenwoordigen gelijk deel eigen vermogen met gelijk recht bij uitkeringen
- Share issue, 1:10, aandelsplit
- Statutes amendment
- Director in office, CEULEMANS Vicky Magda (director)
- Board rule, 2
- Director appointment, DAHMANI Laura (non-statutory director)
- +5 further facts in this act
23-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €10k
Net result €10k after 2 loss-making years.
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Weakest financial yearnet €-12k
Net result drops to €-12k, the lowest in the series; recovery starts the following year.
05-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 97 days late
2023
11-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity triplescurrent ratio 4.29
Current ratio from 1.31 to 4.29; short-term debt falls from €115k to €22k.
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
15-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €40k
Net result €40k after one loss-making year.
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 4 acts read
About the unread acts
Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
1 director, last change in 2026
DAHMANI Laura
CurrentNon-statutory director · since 18-09-2026
18-09-2026
Appointed as Non-statutory director
Not every act has been read: a resignation may be missing here
3 of this company's 4 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Wommelgem · 1 establishment unit since 2017
Ground area
1,781 m²
Building footprint
256 m²
Volume, LiDAR
557 m³
2 parcels, Flanders · tallest building 8.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
PUUR
since 20172.266.240.791
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11052C0500/00V009 | Flanders | 1,321 m² | 1 · 152 m² | 8.8 m · 1 fl. |
| 71328D0112/00M000 | Flanders | 460 m² | 1 · 104 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Articles of association
Who signs
Each director alone
Daily management
“- mevrouw CEULEMANS Vicky, voornoemd; - mevrouw DAHMANI Laura, voornoemd. Elk van beide bestuurders is overeenkomstig artikel 14 van de nieuwe statuten gelast met het dagelijks bestuur van de Vennootschap met bevoegdheid om zelfstandig alle beslissingen te nemen in het kader van het dagelijks…”
Full text
- mevrouw CEULEMANS Vicky, voornoemd; - mevrouw DAHMANI Laura, voornoemd. Elk van beide bestuurders is overeenkomstig artikel 14 van de nieuwe statuten gelast met het dagelijks bestuur van de Vennootschap met bevoegdheid om zelfstandig alle beslissingen te nemen in het kader van het dagelijks bestuur. Elk van deze bestuurders is overeenkomstig artikel 15 van de nieuwe statuten bevoegd om zelfstandig de Vennootschap, in het kader van het dagelijks bestuur en daarbuiten, in en buiten rechte jegens derden te vertegenwoordigen en te verbinden.
Annual meeting
Third Tuesday of June at 18:00
Purpose
Alle activiteiten van vastgoedmakelaar, waaronder onder meer maar niet uitsluitend begrepen: de bemiddeling bij de aankoop, verkoop en verhuur van onroerende goederen, zakelijke…
Full purpose (4 activities)
- Alle activiteiten van vastgoedmakelaar, waaronder onder meer maar niet uitsluitend begrepen: de bemiddeling bij de aankoop, verkoop en verhuur van onroerende goederen, zakelijke rechten en handelsfondsen; het schatten en evalueren van onroerende goederen en zakelijke rechten; het beheer van onroerende goederen en zakelijke rechten, dit zowel van residentiële gebouwen als van overige onroerende goederen, met inbegrip van het waarnemen van het syndicschap van onroerende goederen in mede-eigendom
- Alle verrichtingen met betrekking tot onroerende goederen en zakelijke rechten zoals onder meer erfpacht- en opstalrechten en de huurfinanciering van onroerende goederen aan derden, het aankopen en verkopen zowel in volle eigendom als in vruchtgebruik en/of blote eigendom, ruilen, doen bouwen, doen verbouwen, onderhouden, verhuren, huren, verkavelen, prospecteren en uitbaten van onroerende goederen, de aan- en verkoop, huur en verhuur van roerende goederen betreffende de inrichting en uitrusting van onroerende goederen, alsmede alle handelingen die rechtstreeks of onrechtstreeks met deze activiteiten in verband staan en die van aard zijn de opbrengst van de roerende en onroerende goederen te bevorderen, kortom alle onroerende transacties en verrichtingen in de meest brede zin en van welke aard ook
- Projectmanagement en projectontwik-keling en alles wat daarmee gepaard gaat zoals de promotie, realisatie, verkoop en commercialisatie van projecten, omvattende onder meer maar niet uitsluitend het begeleiden van bouwprojecten, het uitvoeren van projectopvolging, toezicht, werfcontroles en expertises, kostencalculaties en budgetbeheer, de coördinatie van de bouwwerken en de controle daarop tijdens en nadien alsook de algemene coördinatie van de werkzaamheden op de bouwwerf in het algemeen en in het bijzonder de werkzaamheden die betrekking hebben op de gehele of gedeeltelijke uitvoering van bouwvoltooiingswer-ken door onderaannemers, het verlenen van technische, juridische en administratieve adviezen, allerlei adviezen aan de bouwheer, het onderhandelen met en het aanstellen van architecten, aannemers en andere betrokken personen, het optreden tegenover allerlei overheden en instanties voor vergunningen en andere administratieve procedures
- Het stellen van alle handelingen die rechtstreeks of onrechtstreeks, geheel of gedeeltelijk verband houden met, betrekking hebben op, of bevorderlijk zijn tot de verrichtingen van projectontwikkeling, makelaar in onroerende goederen, syndicus en/of tussenpersoon inzake handel in onroerende goederen, zoals onder meer het stellen van alle welkdanige verrichtingen van beheer, onderhoud, herstelling, verzekering, enzovoort, alles in de ruimst mogelijke betekenis
Other provisions of the articles (13)
- Transfer restriction (2)
- Other statement (2)
- Legal form clause: Plusvalia
- Registered office clause: Vlaamse Gewest, Artikel 2
- Board rule: te allen tijde, zonder redenen, onmiddellijke ingang, zonder vertrekvergoeding, één of meer bestuurders
- Board rule: loutere kennisgeving aan bestuursorgaan, op verzoek van vennootschap tot redelijke vervanging
- Board rule (2)
- Board rule: tweehoofdig, steeds gezamenlijk
- Board rule: collegiaal, drie of meer bestuurders
- Liquidation distribution
Structure & network
Capital and shareholders
Capital over the years
- 18-09-2026 Converted to available equity · 18,600 EUR
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Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-07-2017
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesBelgian Official Gazette · 1 actNational Bank · 8 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.