Plutus
ActiveSummary
Plutus has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €24k and a net result of €-17k. Equity is growing by ~7.8% per year across the filed fiscal years. Its solvency ranks better than 21% of 20782 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
52
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-73
Solvency52▲+5
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.29 against 1.25 in 2023; short-term debt: 73% and cash: 53.8% of total assets), and 73% of the assets are financed with debt.
Credit advice for your own amount and term
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 62
Relative position
BE, all sectors
reference
Sector 62
lower
← 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
27%
Return on assets
-18.9%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 20782 sector peers (2024).
NBB · sector comparisonPosition among 20782 sector peers
Solvency
better than 21%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
30 d late
2022
on the day
2021
37 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€24k▼ 41.3%
2023 · €41k
2021: €27k
2022: €35k
2023: €41k
2021 → 2024
Total assets
€90k▼ 51.2%
2023 · €184k
2021: €33k
2022: €96k
2023: €184k
2021 → 2024
Net result
€-17k
2023 · €6k
2021: €-484
2022: €8k
2023: €6k
2021 → 2024
Working capital
€19k▼ 45.6%
2023 · €35k
2021: €26k
2022: €31k
2023: €35k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€27k-€35k▲ 31.2%€41k▲ 16.4%€24k▼ 41.3%
Operating result€1k-€12k▲ 1,092%€11k▼ 14.0%€-17k
Net result€-484-€8k€6k▼ 30.9%€-17k
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 €17k after €11k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €90k
Fixed assets
€5k ▼ 17.0%
Current assets
€85k ▼ 52.4%
Equity and liabilities €90k
Equity
€24k ▼ 41.3%
Debt
€66k ▼ 54.1%
Debt's share of the balance-sheet total falls from 77.6% to 73.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-13k▼
2023 · €13k
Cash flow
€-14k▼
2023 · €8k
Current ratio
1.29▲
2023 · 1.25
Debt to equity
2.71▼
2023 · 3.46
ROE
-70.2%▼
2023 · 14.1%
ROA
-18.9%▼
2023 · 3.2%
Interest coverage
-34.10▼
2023 · 18.53
Debt ≤ 1 year
€66k▼
2023 · €143k
Income taxes
€2▼
2023 · €4k
Staff costs
€71k▲
2023 · €67k
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 · 2024 against 2023 · 44 lines
Balance sheet
Code20232024
Assets
Total assets20/58€184k€90k▼
Fixed assets21/28€6k€5k▼
Tangible fixed assets22/27€6k€5k▼
Plant, machinery and equipment23€5k€4k▼
Other tangible fixed assets26€822€623▼
Financial fixed assets28€165€165=
Current assets29/58€178k€85k▼
Amounts receivable within one year40/41€153k€35k▼
Trade receivables40€144k€26k▼
Other amounts receivable41€9k€9k▲
Cash at bank and in hand54/58€23k€48k▲
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€184k€90k▼
Equity10/15€41k€24k▼
Contributions10/11€4k€4k=
Reserves13€37k€37k=
Distributable reserves133€37k€37k=
Profit (loss) carried forward14-€-17k
Amounts payable17/49€143k€66k▼
Amounts payable within one year42/48€143k€66k▼
Trade debts44€78k€35k▼
Suppliers440/4€78k€35k▼
Taxes, remuneration and social security45€44k€23k▼
Taxes450/3€24k€3k▼
Remuneration and social security454/9€20k€20k▲
Other amounts payable47/48€21k€8k▼
Income statement
Code20232024
Non-recurring operating income76A-€1k
Remuneration, social security and pensions62€67k€71k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€3k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€45k
Other operating charges640/8€4k€34k▲
Gross operating margin9900€84k€136k▲
Operating profit (loss)9901€11k€-17k▼
Financial income75/76B€312€17▼
Recurring financial income75€312€17▼
Financial charges65/66B€702€395▼
Recurring financial charges65€702€395▼
Profit (loss) for the period before taxes9903€10k€-17k▼
Income taxes67/77€4k€2▼
Profit (loss) for the period9904€6k€-17k▼
Profit (loss) for the period to be appropriated9905€6k€-17k▼
Appropriation of the result
Profit (loss) to be appropriated9906€6k€-17k▼
Transfer to equity691/2€6k-
To other reserves6921€6k-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
22-06
State Gazette act
Board meeting · Merger
Accounting effect · Power of attorney
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Weakest financial yearnet €-17k ▼393%
Net result drops to €-17k, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Edegem · 1 establishment unit since 2017
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Gerard van Laethemlaan 22650 EdegemGround area
2,029 m²
Building footprint
719 m²
Volume, LiDAR
5,185 m³
2 parcels, Flanders · tallest building 11.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Plutus
since 20172.261.444.934
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11472C0284/00F000 | Flanders | 1,500 m² | 1 · 578 m² | 11.1 m · 3 fl. |
| 12322I0488/00T003 | Flanders | 528 m² | 1 · 141 m² | 3.3 m · 1 fl. |
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.
Structure & network
Acquisitions and mergers
1 transactionTook over:Aeromaris BV
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 761 EUR awarded · 761 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 761 EUR | 761 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
BELZA
BE 0804.588.175
Jette · Eq €24,207
Neverqu-it
BE 0799.722.240
Antwerpen · Eq €24,200
SVSD
BE 0799.896.741
Waregem · Eq €24,217
Frivv
BE 0783.850.466
Lessines · Eq €24,187
ORIENS
BE 0781.386.468
Londerzeel · Eq €24,224
Of 29,996 companies in sector 62200 we hold annual accounts for 18,393. 13,716 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-12-2016
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
62200Computer consultancy and computer facilities management
43211General electrical installation work
47400Retail sale of information and communication equipment
73110Advertising agencies
79901Tourist information services
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:supplier@plutus.rocks
Phone:+32474659835