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STRUCTURE PLUS

Active Public limited companyfounded 1994active for 32 yearsWaterloosesteenweg 1391A, 1180 UccleKBO/BCE: BE 0452.200.736

Lifetime

20 annual accounts with figures on one time axis, 32 filings since 1994
peak €598,334 (2018)
€98,874▼ 80.9%
lowest -€336,348 (2023)
-€324,664▼ €351,326
peak €604,755 (2018)
-€112,036▼ €324,664
€752,158▼ 33.3%
peak 6.6 FTE (2021)
5.3 FTEunchanged
Board3 names since 2019
3 directors and 2 others
Documentsfilings and deeds
15-10-202676 days late
2025abbreviated format
Gross margin from €516,617 to €98,874Loss of €324,6642 directors appointed, 3 reappointments 10-10Equity from €212,628 to -€112,036Debts from €1.1m to €752,158

Key points

from the 2025 annual accounts

Equity

-€112,036
202020212022202320242025

Debts exceed assets in financial year 2025.

Result

-€324,664 -€324,664
€26,7002024-€325,0002025

From profit to loss in 2025, after a profit of €26,661 in 2024.

Turnover

≈ €480,000 estimated

The accounts state no turnover.

Debts

€752,158 118% of the balance sheet
Financial debts 25%Suppliers 30%Taxes and wages 12%Other 34%

Of this, €690,226 falls due within a year.

Filings

32 annual accounts 76 days
AprilJune31 JulyOctober200020102020

Latest accounts filed late: after the legal deadline.

Position in the sector

-€324,664

Lower net result than 95% of companies in retail trade. Sector median €38,016 · 13,231 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 6,635 companies had the same profile as STRUCTURE PLUS has now. Each dot stands for 17 companies, two years later.

84.3%
were still trading
10.2%
stopped another way
4.5%
went bankrupt
  • Micro
  • 20 years or older
  • negative equity
  • a loss of 10% of the balance sheet or more

Another 1.0% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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 2.9% 3.1%
10 5.6% 6.1%

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 6,635 companies, not a prediction for STRUCTURE PLUS. 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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Signals

Board and ownership

Managing director
Managing director
Director, since 01-06-2025
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0452200736
2 directors appointed, 3 reappointments Reappointments: , and · Appointments: (managing director) and (managing director) · General meeting of 29-09-2025 · Gazette deed
2 directors appointed, 3 reappointments Appointments: (managing director) and (managing director) · Reappointments: , and · General meeting of 04-10-2019 · Gazette deed
First establishment BULTHAUP, Waterloose Steenweg 542, Ixelles
All 46 events

Comparable companies

same main activity, similar in size and age
Company
STRUCTURE PLUS Uccle €640,121 €98,874 -17.5% 5.3
BABY PLUS VANDERSTRAETEN Merchtem €685,681 €128,396 65.9% 3.8
MCDV Antwerp €692,840 €103,881 -37.8% 4.6
NAZAR MEUBLES Molenbeek-Saint-Jean €630,319 €165,013 24.6% 4.2
MONSANTIC Mons €484,060 €110,215 22.9% 3
FIBRECOM Ixelles €465,334 €131,010 35.5% 2.4
UNIVERS DU MEUBLE Neupré €672,471 €287,468 74.6% 5.4

These companies have the same main activity as STRUCTURE PLUS: retail sale of household furniture (NACE 47551). They are comparable in size and age: total assets between €465,000 and €693,000, founded between 1979 and 2002.

Official details

Source: KBO
Status
Active since 28-02-1994Normal situation
Activity
Retail sale of household furnitureNACE 47551
Establishment unit
2.066.210.0641050 Ixelles, since 29-03-1994
Financial year end
31 December
Peppol
Reachable since 06-11-2025
Company details

Annual accounts 2025

€640,121▼ 52.2%
Employeeson 31-12-2025
5▼ 16.7%
Filing
Filed on 15-10-2026
Financials

Insights on STRUCTURE PLUS

STRUCTURE PLUS files the abbreviated format. That format states no turnover. The gross margin rose from €94,121 in 2006 to €98,874 in 2025.

In May 2023, the Official Gazette published the appointment of as managing director.

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 STRUCTURE PLUS

What is the company number of STRUCTURE PLUS?
The company number of STRUCTURE PLUS is 0452.200.736. The VAT number is the same number with BE in front: BE 0452.200.736.
Where is STRUCTURE PLUS based?
The registered office is at Waterloosesteenweg 1391A, 1180 Uccle.Company details
What does STRUCTURE PLUS do?
According to the KBO register, the main activity is retail sale of household furniture (NACE 47551).
What is the legal form of STRUCTURE PLUS?
STRUCTURE PLUS is a public limited company (NV).
When was STRUCTURE PLUS founded?
STRUCTURE PLUS was founded on 28-02-1994.
Is STRUCTURE PLUS still active?
Yes, STRUCTURE PLUS is an active enterprise in the KBO register.
How many employees does STRUCTURE PLUS have?
STRUCTURE PLUS had an average of 5.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of STRUCTURE PLUS?
The turnover in financial year 2025 is ≈ €480,000. This figure is estimated from the gross margin of €98,874 and 35 comparable companies (NACE 475). It probably lies between €270,000 and €820,000.
Is STRUCTURE PLUS profitable?
In financial year 2025, STRUCTURE PLUS made a loss of €324,664.
Where can I find the annual accounts of STRUCTURE PLUS?
STRUCTURE PLUS filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of STRUCTURE PLUS due?
STRUCTURE PLUS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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