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PLUTO

Active Public limited companyfounded 1975active for 50 yearsMerellaan 46, 9400 NinoveKBO/BCE: BE 0415.621.046 #7 oldest company in Ninove, Manufacturing sector

Lifetime

20 annual accounts with figures on one time axis, 49 filings since 1977
peak €710,608 (2022)
€571,504▲ 7.6%
lowest -€71,640 (2014)
€32,076▲ 954%
peak €608,761 (2025)
€608,761▲ 5.6%
€611,961▲ 12.5%
peak 18.8 FTE (2006)
5.8 FTE▼ 14.7%
Board3 names since 2019
2 directors and 1 other
Documentsfilings and deeds
22-07-20269 days before the deadline
2025financial year
Result from €3,044 to €32,076Staff from 6.8 FTE to 5.8 FTEAppointments: (managing director) and (director) 19-09Cash from €27,777 to €62,396

Key points

from the 2025 annual accounts

Equity

€608,761 ▲ 5.6%

PLUTO has made a profit without a break since 2019.

Staff

5.8 FTE from 18.8 in 2006

Between 2006 and 2025, 69% of the full-time equivalents disappeared.

Filings

49 annual accounts since 1977
AprilJune31 JulyOctober1980199520102025

The last five annual accounts were filed 9 to 57 days before the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 17,041 companies had the same profile as PLUTO has now. Each dot stands for 43 companies, two years later.

94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,448 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.

The companies in ten equal groups, from the lowest to the 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%

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 17,041 companies, not a prediction for PLUTO. 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.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Managing director
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0415621046
Appointments: (managing director) and (director) General meeting of 06-06-2025 · Gazette deed
Amendment of the articles General meeting of 20-09-2023 · Gazette deed
Registered office moved within Ninove New registered office: Merellaan 46, 9400 Ninove · Previous registered office: Ring-Oost 12, 9400 Ninove · Board meeting of 09-07-2021 · Gazette deed
All 61 events

Comparable companies

same main activity, similar in size and age
Company
PLUTO Ninove €1.2m €571,504 49.9% 5.8
LORATEX Oudenaarde €0.7m €579,405 28.3% 6
Renatex Kortrijk €1.3m €479,808 42.5% 6.3
North Sails Aartselaar €0.8m €735,786 -116.7% 7.2
VAN MOLLE Aalst €1.0m €734,925 81.1% 4.7
FJA-OEYEN Mol €1.4m €519,013 56.7% 7.4
VERMEULEN - VAN KERKHOVE Kaprijke €2.0m €938,842 60.9% 6.4

These companies have the same main activity as PLUTO: manufacture of textiles (NACE 13929). They are comparable in size and age: total assets between €683,000 and €2m, founded between 1968 and 1995.

Official details

Source: KBO
Status
Active since 23-12-1975Normal situation
Activity
Manufacture of textilesNACE 13929and 1 other
Joint committees
109Clothing and garment industry
215White-collar workers in the clothing and garment industry · annual accounts 2022
Establishment unit
2.118.995.2869400 Ninove, since 21-01-1976
Financial year end
31 December
Peppol
Reachable since 21-10-2026
Company details

Annual accounts 2025

≈ €1.3mestimated
€1.2m▲ 8.9%
Employeeson 31-12-2025
7=
Filing
Filed on 22-07-2026, 9 days before the end of the filing period
Financials

Insights on PLUTO

PLUTO has been active since 1975 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €608,761 and a net result of €32,076.

Equity has been growing by about 8.5% per year since 2018. Its solvency ranks better than 44% of 196 sector peers (NACE 13, financial year 2025).

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about PLUTO

What is the company number of PLUTO?
The company number of PLUTO is 0415.621.046. The VAT number is the same number with BE in front: BE 0415.621.046.
Where is PLUTO based?
The registered office is at Merellaan 46, 9400 Ninove.Company details
What does PLUTO do?
According to the KBO register, the main activity is manufacture of textiles (NACE 13929).
What is the legal form of PLUTO?
PLUTO is a public limited company (NV).
When was PLUTO founded?
PLUTO was founded on 23-12-1975.
Is PLUTO still active?
Yes, PLUTO is an active enterprise in the KBO register.
How many employees does PLUTO have?
PLUTO had an average of 5.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does PLUTO fall under?
In its 2022 annual accounts, PLUTO states joint committees 109 (Clothing and garment industry) and 215 (White-collar workers in the clothing and garment industry).
What is the turnover of PLUTO?
The turnover in financial year 2025 is ≈ €1.3m. This figure is estimated from the gross margin of €571,504 and 2,274 comparable companies of the same size. It probably lies between €810,000 and €2.3m. It is a rough estimate.
Is PLUTO profitable?
In financial year 2025, PLUTO made a profit of €32,076.
Where can I find the annual accounts of PLUTO?
PLUTO filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PLUTO due?
PLUTO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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