StandPlus
ActiveSummary
StandPlus has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.0m and a net result of €343,868. Equity has been growing by about 9.1% per year since 2019. Its solvency ranks better than 55% of 818 sector peers (NACE 74, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 17-06-1999 Normal situation
- Activity
- Other specialised design activities NACE 74140and 3 others
- Joint committee
- 126 Paritair Comité voor de stoffering en de houtbewerking · annual accounts 28-06-2025
- Establishment unit
- 2.091.673.257 8800 Roeselare, since 20-07-1999
- Financial year end
- 28 June
- Peppol
- Reachable since 01-12-2025
Board and ownership
- Clever BVDirector · since 01-06-2016
- Clever99.97%2025 annual accounts of Clever
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Turnover
- €6.6m
- ▲ 14.0%
- Profit
- €343,868
- ▲ 10.0%
- Equity
- €1.0m
- ▼ 39.3%
- Total assets
- €2.1m
- ▼ 10.4%
- Employees on 28-06-2025
- 35
- ▲ 29.6%
Score breakdownlowers riskLiquidity: current ratio 1.19, cash €573,527Equity €1.0m (47.7% of total assets)Profit of €343,868 (financial year 2025)Founded in 1999Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 74, small). It does better than 49% of them on solvency, 73% on liquidity, 79% on profitability and 43% on growth.
The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 85 days before the deadline. In the sector (NACE 74), the median for financial year 2024 was 3 days before the deadline, and 38% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 05-01-2026 PDF all 23 filings
Every figure per financial year
The operating result for 2025 is 7% higher than in 2024. It is a recovery after the fall in 2024.
Staff
| Item | 28-06-2022 | 28-06-2023 | 28-06-2024 | 28-06-2025 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 24 | 27 | 27 | 35 |
| full-time | 20 | 21 | 17 | 28 |
| part-time | 4 | 6 | 10 | 7 |
| in full-time equivalents | 22.7 | 25.4 | 25.6 | 34 |
| Average over the year, in full-time equivalents | 21.7 | 25.9 | 26.2 | 28.7 |
| On a permanent contract | 23 | 27 | 26 | 29 |
| Joined | 20 | 12 | 15 | 20 |
| Left | 12 | 9 | 15 | 12 |
| Training hours | - | - | - | 206 |
Source: social balance sheet in the 2022 to 2025 annual accounts
Securities and guarantees
| Item | 28-06-2022 | 28-06-2023 | 28-06-2024 | 28-06-2025 |
|---|---|---|---|---|
| Debts secured on the company's own assets | €337,593 | €238,156 | €223,691 | €236,354 |
| Mortgages, amount registered | €107,736 | - | - | - |
| Mortgage mandates | €311,894 | - | - | - |
| Carrying value of the mortgaged assets | €189,065 | €0 | €0 | - |
| Pledge on other assets, amount secured | €348,500 | €348,500 | €348,500 | €346,000 |
| Carrying value of the other pledged assets | €2.6m | €2.5m | €2.4m | €2.1m |
Source: notes to the 2022 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 28-06-2022 | 28-06-2023 | 28-06-2024 | 28-06-2025 |
|---|---|---|---|---|
| Tangible fixed assets | €691,358 | €217,574 | €281,128 | €478,640 |
| Intangible fixed assets | €6,000 | €8,475 | - | - |
| Depreciation and write-downs of the year | €316,785 | €358,475 | €362,547 | €365,475 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2022 to 2025 · 13 entries · €167,905 awarded · €167,389 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 3 | €16,572 | €16,027 |
| 2024 | 4 | €31,556 | €31,556 |
| 2023 | 3 | €57,235 | €57,264 |
| 2022 | 3 | €62,542 | €62,542 |
Show 1 more
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Turnover70 | €4.2m | - | - | €4.8m | €5.8m | €5.8m | €6.6m | ▲ 14.0% |
| Non-recurring operating income76A | - | - | - | €0.1m | €0.003m | €0 | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €3.5m | €4.2m | €3.7m | €4.4m | ▲ 18.8% |
| Remuneration, social security and pensions62 | - | - | - | €0.9m | €1.3m | €1.4m | €1.6m | ▲ 12.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.2m | €0.3m | €0.3m | €0.3m | €0.4m | €0.4m | €0.4m | ▲ 0.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | - | €0.009m | €0 | ▼ 100% |
| Other operating charges640/8 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | ▼ 10.2% |
| Operating charges capitalised as restructuring costs649 | - | - | - | €0 | - | - | - | - |
| Non-recurring operating charges66A | - | - | - | - | - | €0.005m | €0 | ▼ 100% |
| Gross operating margin9900 | €1.8m | €1.1m | €0.3m | €1.9m | €2.2m | €2.2m | €2.4m | ▲ 8.8% |
| Operating profit (loss)9901 | €0.6m | €0.1m | -€0.08m | €0.7m | €0.5m | €0.4m | €0.4m | ▲ 7.4% |
| Financial income75/76B | - | - | - | €0.03m | €0.02m | €0.03m | €0.03m | ▲ 22.0% |
| Recurring financial income75 | €0.02m | €0.02m | €0.002m | €0.03m | €0.02m | €0.03m | €0.03m | ▲ 22.0% |
| Financial charges65/66B | - | - | - | €0.01m | €0.01m | €0.009m | €0.009m | ▼ 1.8% |
| Recurring financial charges65 | €0.02m | €0.01m | €0.01m | €0.01m | €0.01m | €0.009m | €0.009m | ▼ 1.8% |
| Profit (loss) for the period before taxes9903 | €0.6m | €0.1m | -€0.09m | €0.7m | €0.5m | €0.4m | €0.5m | ▲ 8.5% |
| Income taxes67/77 | €0.2m | €472 | €488 | €0.03m | €0.1m | €0.1m | €0.1m | ▲ 4.4% |
| Profit (loss) for the period9904 | €0.4m | €0.1m | -€0.09m | €0.7m | €0.4m | €0.3m | €0.3m | ▲ 10.0% |
| Transfer from tax-exempt reserves789 | - | - | - | - | - | €0.2m | €0 | ▼ 100% |
| Transfer to tax-exempt reserves689 | - | - | - | €0.1m | €0 | €0.2m | €0 | ▼ 100% |
| Profit (loss) for the period to be appropriated9905 | €0.3m | €0.1m | -€0.09m | €0.6m | €0.4m | €0.3m | €0.3m | ▲ 11.0% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €1.9m | €2.0m | €1.5m | €2.8m | €2.5m | €2.4m | €2.1m | ▼ 10.4% |
| Formation expenses20 | €0.03m | €0.09m | €0.1m | €0.09m | €0.06m | €0.03m | €0.008m | ▼ 76.7% |
| Fixed assets21/28 | €0.7m | €1.1m | €0.9m | €1.2m | €0.9m | €0.9m | €1.0m | ▲ 15.1% |
| Intangible fixed assets21 | €0.002m | €0.001m | €0.02m | €0.02m | €0.02m | €0.01m | €0.005m | ▼ 55.6% |
| Tangible fixed assets22/27 | €0.7m | €1.1m | €0.9m | €1.2m | €0.9m | €0.9m | €1.0m | ▲ 16.0% |
| Land and buildings22 | - | - | - | €0 | - | - | - | - |
| Plant, machinery and equipment23 | - | - | - | €0.1m | €0.07m | €0.1m | €0.1m | ▼ 2.8% |
| Furniture and vehicles24 | - | - | - | €0.07m | €0.1m | €0.2m | €0.3m | ▲ 64.5% |
| Leasing and similar rights25 | - | - | - | €0 | - | - | - | - |
| Other tangible fixed assets26 | - | - | - | €1.0m | €0.7m | €0.5m | €0.5m | ▼ 14.4% |
| Assets under construction and advance payments27 | - | - | - | - | - | - | €0.1m | - |
| Financial fixed assets28 | €0.004m | €0.004m | €0 | - | - | - | - | - |
| Current assets29/58 | €1.2m | €0.8m | €0.5m | €1.5m | €1.5m | €1.5m | €1.1m | ▼ 24.0% |
| Amounts receivable after more than one year29 | - | - | - | €0.02m | €0 | €0.5m | €0 | ▼ 100% |
| Other amounts receivable291 | - | - | - | €0.02m | €0 | €0.5m | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €0.6m | €0.3m | €0.1m | €1.0m | €0.6m | €0.3m | €0.5m | ▲ 64.7% |
| Trade receivables40 | - | - | - | €0.9m | €0.4m | €0.2m | €0.4m | ▲ 78.6% |
| Other amounts receivable41 | - | - | - | €0.09m | €0.2m | €0.08m | €0.1m | ▲ 25.1% |
| Current investments50/53 | - | - | - | - | - | €0.5m | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €0.5m | €0.4m | €0.2m | €0.4m | €0.9m | €0.2m | €0.6m | ▲ 231% |
| Deferred charges and accrued income490/1 | - | - | - | €0.005m | €0.03m | €0.03m | €0.06m | ▲ 114% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €1.9m | €2.0m | €1.5m | €2.8m | €2.5m | €2.4m | €2.1m | ▼ 10.4% |
| Equity10/15 | €0.9m | €1.0m | €1.0m | €1.6m | €1.4m | €1.7m | €1.0m | ▼ 39.3% |
| Contributions10/11 | €0.09m | €0 | - | €0.09m | €0.09m | €0.09m | €0.09m | = |
| Reserves13 | €0.4m | €0.4m | €0.4m | €0.6m | €0.6m | €0.7m | €0.9m | ▲ 20.4% |
| Tax-exempt reserves132 | - | - | - | €0.4m | €0.4m | €0.4m | €0.4m | = |
| Distributable reserves133 | - | - | - | €0.1m | €0.1m | €0.3m | €0.4m | ▲ 50.5% |
| Profit (loss) carried forward14 | €0.4m | €0.5m | €0.4m | €1.0m | €0.7m | €0.8m | €0.04m | ▼ 95.5% |
| Amounts payable17/49 | €0.9m | €0.9m | €0.5m | €1.1m | €1.1m | €0.7m | €1.1m | ▲ 58.4% |
| Amounts payable after more than one year17 | €0.3m | €0.4m | €0.4m | €0.3m | €0.2m | €0.1m | €0.2m | ▲ 26.0% |
| Financial debts170/4 | - | - | - | €0.3m | €0.2m | €0.1m | €0.2m | ▲ 26.0% |
| Amounts payable within one year42/48 | €0.6m | €0.6m | €0.2m | €0.8m | €0.9m | €0.6m | €0.9m | ▲ 66.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.1m | €0.1m | €0.1m | €0.2m | ▲ 24.6% |
| Financial debts43 | - | - | - | €0.02m | €0.008m | €0.006m | €0.006m | ▲ 0.9% |
| Credit institutions430/8 | - | - | - | €0.02m | €0.008m | €0.006m | €0.006m | ▲ 0.9% |
| Trade debts44 | €0.3m | €0.3m | €0.03m | €0.5m | €0.3m | €0.2m | €0.5m | ▲ 117% |
| Suppliers440/4 | - | - | - | €0.5m | €0.3m | €0.2m | €0.5m | ▲ 117% |
| Advances received on contracts in progress46 | - | - | - | - | €0.06m | €0 | - | - |
| Taxes, remuneration and social security45 | - | - | - | €0.2m | €0.2m | €0.2m | €0.3m | ▲ 44.4% |
| Taxes450/3 | - | - | - | €0.009m | €0.03m | €0.01m | €0.02m | ▲ 75.4% |
| Remuneration and social security454/9 | - | - | - | €0.1m | €0.2m | €0.2m | €0.3m | ▲ 42.3% |
| Other amounts payable47/48 | - | - | - | €0.03m | €0.2m | €0 | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €353 | €194 | €0.002m | €89 | ▼ 95.1% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.4m | €0.1m | -€0.09m | €0.7m | €0.4m | €0.3m | €0.3m | ▲ 10.0% |
| + Depreciation and write-downs630 | €0.2m | €0.3m | €0.3m | €0.3m | €0.4m | €0.4m | €0.4m | ▲ 0.8% |
| Operating cash flow (approximation) | €0.7m | €0.4m | €0.2m | €1.0m | €0.8m | €0.7m | €0.7m | ▲ 5.1% |
| Investment in fixed assets (approximation) | - | -€0.7m | -€0.08m | -€0.7m | -€0.06m | -€0.3m | -€0.5m | ▼ 63.2% |
| Change in cash | - | -€0.1m | -€0.2m | €0.2m | €0.4m | -€0.7m | €0.4m | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 20,136 companies had the same profile as StandPlus has now. Two years later, 95.0% were still going and 0.2% had gone bankrupt.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of StandPlus itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 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.
| 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 20,136 companies, not a prediction for StandPlus. 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.
Latest 10 of 23 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 28-06-2025 | abbreviated format | 05-01-2026 | 2026-00001969 | |
| 28-06-2024 | abbreviated format | 30-09-2024 | 2024-00484334 | |
| 28-06-2023 | abbreviated format | 18-12-2023 | 2023-00531692 | |
| 28-06-2022 | abbreviated format | 27-10-2022 | 2022-20482834 | |
| 28-06-2021 | abbreviated format | 16-12-2021 | 2021-80400495 | |
| 28-06-2020 | abbreviated format | 21-09-2020 | 2020-54700482 | |
| 28-06-2019 | abbreviated format | 05-09-2019 | 2019-63700556 | |
| 28-06-2018 | abbreviated format | 17-08-2018 | 2018-47600443 | |
| 28-06-2017 | abbreviated format | 12-12-2017 | 2017-71800091 | |
| 29-06-2015 | abbreviated format | 08-12-2015 | 2015-68500385 |
Board & ownership
Directors
Owners and capital
Shareholders
1 ownerChain of control
- Clever
- StandPlus
Owners 1
- CleverparentSourceaccounts Clever 2025Equity €3.9m Profit of €187,329 in 2025 (profit of €1.2m in 2024)99.97%
Network & group
Companies at the same address
1 other companyConnections & network
1 current directorThe network starts from the directors of StandPlus. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
01-12
Gazette deed
Power of attorney: Andreas Verheye2 points ▸
- Board meeting, 01-07-2022
- Power of attorney, Andreas Verheye (gevolmachtigde)
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Codes under NACEBEL 2003
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0466.272.268
Financial year and general meeting
Accounts at the NBBRecognitions · licences · registrations
Dual-learning approval
15 live approvals · 4 endedShow 9 more
Show 4 ended approvals
Environmental permits
Source: Omgevingsloket Vlaanderen.
Sites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 36505B1195/00A000 | Flanders | 8,594 m² | 1 · 4,638 m² | 0.0 m |