Active BE 0428.521.155Private limited company

PRESENT + PLUS

Eekhoutdriesstraat 67 ·9041 Gent, Belgium· 40 yrs active

Sector: Renting and operating of own or leased residential real estate, excluding social housing (68201)

Conclusion Checked

PRESENT + PLUS has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.64M and a net result of €290k. Equity is shrinking by ~3.4% per year across the filed fiscal years. Its solvency ranks better than 49% of 8862 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Based on the State Gazette, CBE and 4 annual accounts.

Key figures

Equity	€1.64M
Net result	€290k
Better than sector	49%
Active	40 yrs

Financial profile 5 of 5 axes measured · computed by Checked

81 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 88

Profitability 88

Solvency 69

Growth 58

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

0.2% Very low

0%0,5%1,5%4%10%≥25%

How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

Long-established

Founded in 1986, 40 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Checked score FY 2025 · computed

88 / 100 Excellent

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Indicative credit limit

€140k

estimate, not credit advice

Score history

93 2022

65 2023

88 2024

88 2025

purely financial, excl. current insolvency signals

Score components

Liquidity Current ratio 3.98 (≥ 1.5) +10

Quick ratio Quick ratio 3.98 (≥ 1.0) +5

Profitability ROE 18% (≥ 10%) +10

Interest coverage Interest coverage 3.9× (≥ 3×) +8

Profit trend Net profit up YoY +5

Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Financial overview39 NBB filings

Annual accounts filed on 17-07-2026 with the NBB · fiscal year 2025 · abbreviated schema

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

declining Equity: declining trend of ~3.4%/year over 4 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2025 · NACE 68, Real estate activities · compared within the same schema type (abbreviated schema)

Metric	This company	Sector median	Position in the sector
Solvency	30.1%	31.5%	better than 49% of 8862 sector peers
Net result	€290k	€11k	better than 90% of 8858 sector peers
Equity	€1.64M	€331k	better than 80% of 8866 sector peers
Gross operating margin	€518k	€93k	better than 84% of 8845 sector peers
Total assets	€5.45M	€1.42M	better than 82% of 8864 sector peers

EBITDA

€475k

-0.4% 22-25

Net profit

€290k

+1.4% 22-25

Cash flow

€381k

+1.1% 22-25

Total assets

€5.45M

-7.9% 22-25

Equity

€1.64M

0.0% 22-25

Working capital

€2.44M

-11.8% 22-25

Income taxes

€106k

+10.5% 22-25

Dividends

€290k

+1.4% 22-25

Debt

€3.81M

-10.9% 22-25

Debt ≤ 1y

€818k

-5.6% 22-25

Debt > 1y

€2.95M

-12.3% 22-25

Current ratio

3.98

-5.0% 22-25

Quick ratio

3.98

-5.0% 22-25

Solvency

30.1%

+8.6% 22-25

Debt / equity

2.32

-10.9% 22-25

ROE

17.7%

+1.4% 22-25

ROA

5.3%

+10.1% 22-25

Interest coverage

3.87

-81.7% 22-25

Figures by fiscal year and ratios

Highlight YoY changes (±10%)

Fiscal year	2025	2024	2023	2022
Deposit	abbreviated schema	abbreviated schema	abbreviated schema	abbreviated schema
Revenue	-	-	-	-
EBITDA	€475k	€477k	€428k	€443k
Net profit	€290k	€286k	€248k	€251k
Cash flow	€381k	€377k	€340k	€350k
Staff costs	-	-	-	-
Income taxes	€106k	€95k	€90k	€85k
Dividends	€290k	€286k	€626k	€0
Total assets	€5.45M	€5.92M	€3.26M	€3.28M
Equity	€1.64M	€1.64M	€1.64M	€2.02M
Debt	€3.81M	€4.28M	€1.62M	€1.26M
of which ≤ 1y	€818k	€867k	€1.03M	€376k
of which > 1y	€2.95M	€3.36M	€546k	€849k
Working capital	€2.44M	€2.77M	€-149k	€439k
Employees (FTE)	-	-	-	-

Ratios (computed)

	2025	2024	2023	2022
Current ratio	3.98	4.19	0.86	2.17
Quick ratio	3.98	4.19	0.86	2.17
Working capital ratio	44.8%	46.8%	-4.6%	13.4%
Solvency	30.1%	27.7%	50.4%	61.5%
Debt / equity	2.32	2.61	0.99	0.63
Long-term debt ratio	1.80	2.05	0.33	0.42
Interest coverage	3.87	21.11	18.71	16.16
Gross margin	-	-	-	-
Net margin	-	-	-	-
ROA	5.3%	4.8%	7.6%	7.7%
ROE	17.7%	17.4%	15.1%	12.5%
EBITDA margin	-	-	-	-
Days sales outstanding	-	-	-	-
Days payable outstanding	-	-	-	-
Inventory turnover	-	-	-	-
Days inventory (DSI)	-	-	-	-

Balance-sheet composition 2025

Assets

Fixed assets €2.19M · 40.2% Current assets €3.26M · 59.8%

Equity & liabilities

Equity €1.64M · 30.1% Debt €3.81M · 69.9%

Full annual accounts (23 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2025	2024	2023	2022
Balance sheet, Assets
TOTAL ASSETS	20/58	€5.45M	€5.92M	€3.26M	€3.28M
Fixed assets	21/28	€2.19M	€2.28M	€2.38M	€2.47M
Tangible fixed assets	22/27	€2.19M	€2.28M	€2.38M	€2.47M
Current assets	29/58	€3.26M	€3.63M	€880k	€815k
Amounts receivable within one year	40/41	€3k	€284k	€875k	€811k
Cash & bank	54/58	€2k	€43k	€3k	€1k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€5.45M	€5.92M	€3.26M	€3.28M
Equity	10/15	€1.64M	€1.64M	€1.64M	€2.02M
Contributions / capital	10/11	€744k	€744k	€744k	€744k
Reserves	13	€896k	€896k	€896k	€1.27M
Accumulated profits (losses)	14	€0	€0	€0	€0
Amounts payable	17/49	€3.81M	€4.28M	€1.62M	€1.26M
Amounts payable after one year	17	€2.95M	€3.36M	€546k	€849k
Amounts payable within one year	42/48	€818k	€867k	€1.03M	€376k
Trade debts payable within one year	44	-	€0	€9k	€9k
Income statement
Gross operating margin	9900	€518k	€519k	€469k	€475k
Operating result	9901	€383k	€385k	€337k	€344k
Financial income	75	€134k	€18k	€24k	€19k
Financial charges	65	€123k	€23k	€23k	€27k
Result before taxes	9903	€395k	€381k	€338k	€336k
Income taxes	67/77	€106k	€95k	€90k	€85k
Net result for the period	9904	€290k	€286k	€248k	€251k
Result to be appropriated	9905	€290k	€286k	€248k	€251k

Legal Structure

NACE primary	Renting and operating of own or leased residential real estate, excluding social housing(68201)
Legal form	Private limited company(610)
Incorporation	21-02-1986
Status	Active
Postal code	9041

Establishment units 1 location

PRESENT PLUS

Savooien 26, 9880 AalterInsurance, reinsurance and pension funding, except compulsory social security

since 19892.130.101.390

Real-estate footprint Source: CBE × cadastre

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
44503F0328/00K000	Flanders	2,954 m²	1 · 549 m²	12.8 m · 3 fl.
44051A1168/00N000	Flanders	218 m²	-	-

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.

Updates 11 events

All 14Financial 3Gazette 1Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

17-07

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema

2025

31-12

Financial Highest result since 2022net €290k ▲1.4%

Net result €290k, the highest in the series.

16-07

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema

2024

31-12

Financial Liquidity times 5current ratio 4.19

Current ratio from 0.86 to 4.19; short-term debt falls from €1.03M to €867k.

17-07

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema

2023

31-12

Financial Weakest financial yearnet €248k ▼1.3%

Net result drops to €248k, the lowest in the series; recovery starts the following year.

23-11

State Gazette act Capital & shares

Stijn RAES

04-08

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema · 4 days late

2022

17-06

NBB filing Annual accounts filed

fiscal year 2021 · abbreviated schema

2021

17-06

NBB filing Annual accounts filed

fiscal year 2020 · abbreviated schema

2020

18-09

NBB filing Annual accounts filed

fiscal year 2019 · abbreviated schema · 49 days late

2019

16-07

NBB filing Annual accounts filed

fiscal year 2018 · abbreviated schema

2018

18-06

NBB filing Annual accounts filed

fiscal year 2017 · abbreviated schema

2017

29-06

NBB filing Annual accounts filed

fiscal year 2016 · abbreviated schema

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Belgian State Gazette reading coverage 0 of 6 acts read

We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 1 acts

Capital history · 1

23-11-2023

Capital change

All acts · 1 updated 2 years ago

2023

23-11-2023 All shares are now held by a single shareholder Capital & shares·Stijn RAES

Notary: Stijn RAES · Gent

Original publication ↗

Technical details

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  "events": [
    {
      "kind": "eenhoofdigheid_declaration",
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      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    },
    {
      "kind": "share_class_conversion",
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    },
    {
      "kind": "statutory_reserve_release",
      "after_eur": null,
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      "statutory_unavailable_equity_op": "convert_to_distributable"
    },
    {
      "kind": "share_split",
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      "statutory_unavailable_equity_op": null
    }
  ],
  "notary": {
    "name": "Stijn RAES",
    "firm_city": null,
    "firm_name": null,
    "office_city": "Gent",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2023-11-23",
    "filing_date": "2023-11-21",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
    "body": "buitengewone_algemene_vergadering",
    "act_date": "2023-11-13",
    "unanimous": null,
    "under_authorized_capital": false,
    "underlying_resolution_date": null
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "0428.521.155",
    "name_full": "PRESENT \u002B PLUS",
    "legal_form": "BV",
    "is_foreign_registered": false
  },
  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
    "org_name": null,
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [
    "expedition",
    "plan financier",
    "bankattest",
    "verslag bedrijfsrevisor"
  ],
  "shareholders_after": [],
  "share_classes_after": []
}

Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Activities

Renting and operating of own or leased residential real estate, excluding social housing68201Production of electricity from non-renewable sources35110

Names & trade names

Legal nameNL

PRESENT + PLUS

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