DETECT PLUS
ActiveSummary
The computed 12-month bankruptcy probability of DETECT PLUS is 3.0% (moderate). The annual accounts of DETECT PLUS for fiscal year 2024 show a net loss of 66% of the equity at the start of that year. The 2024 annual accounts show equity of €11,978 and a net result of -€23,570. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 24% of 36381 sector peers (fiscal year 2024). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-36
Solvency48▼-7
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
3.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.25 against 1.32 in 2023; short-term debt: 77.3% and cash: 11.6% of total assets), and 77.3% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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
22.7%
Return on assets
-44.6%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€23,570
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 36381 sector peers (2024).
NBB · sector comparisonPosition among 36381 sector peers
Solvency
better than 24%
← 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 01-10-2025, 62 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 · 8 filingsDeviation from the deadline
2025
not confirmed
2024
62 d late
2023
5 d early
2022
92 d late
2021
82 d late
2020
30 d late
2019
112 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 62 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€11,978▼ 66.3%
2023 · €35,548
Total assets
€52,846▼ 55.3%
2023 · €118,196
Net result
-€23,570▼ 129%
2023 · -€10,293
Working capital
€10,218▼ 47.2%
2023 · €19,362
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€16,772▲ 89.1%-€1,914€9,074-€7,386-€18,204▼ 146%
Net result€14,923within the sector's middle half▲ 136%-€8,054below the sector's middle half€8,094within the sector's middle half-€10,293below the sector's middle half-€23,570below the sector's middle half▼ 129%
Equity€45,801within the sector's middle half▲ 48.3%€37,747within the sector's middle half▼ 17.6%€45,841within the sector's middle half▲ 21.4%€35,548within the sector's middle half▼ 22.5%€11,978below the sector's middle half▼ 66.3%
Total assets€92,810within the sector's middle half▼ 1.1%€104,187within the sector's middle half▲ 12.3%€113,305within the sector's middle half▲ 8.8%€118,196within the sector's middle half▲ 4.3%€52,846below the sector's middle half▼ 55.3%
Debt€47,009▼ 25.4%€66,440▲ 41.3%€67,465▲ 1.5%€82,648▲ 22.5%€40,868▼ 50.6%
Working capital€26,598within the sector's middle half▲ 139%€25,478within the sector's middle half▼ 4.2%€27,053within the sector's middle half▲ 6.2%€19,362within the sector's middle half▼ 28.4%€10,218within the sector's middle half▼ 47.2%
Solvency49.3%within the sector's middle half▲ 16.5pp36.2%within the sector's middle half▼ 13.1pp40.5%within the sector's middle half▲ 4.2pp30.1%within the sector's middle half▼ 10.4pp22.7%below the sector's middle half▼ 7.4pp
Current ratio1.85within the sector's middle half▲ 0.581.45within the sector's middle half▼ 0.401.81within the sector's middle half▲ 0.361.32within the sector's middle half▼ 0.491.25within the sector's middle half▼ 0.07
Return on assets (ROA)16.1%within the sector's middle half▲ 9.4pp-7.7%below the sector's middle half▼ 23.8pp7.1%within the sector's middle half▲ 14.9pp-8.7%below the sector's middle half▼ 15.9pp-44.6%below the sector's middle half▼ 35.9pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €18,204 in 2024 against €7,386 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €52,846
Fixed assets
€1,760 ▼ 95.4%
Current assets
€51,086 ▼ 36.3%
Equity and liabilities €52,846
Equity
€11,978 ▼ 66.3%
Debt
€40,868 ▼ 50.6%
Debt's share of the balance-sheet total rises from 69.9% to 77.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€5,262▼
2023 · €7,514
Cash flow
-€10,628▼
2023 · €4,607
Debt to equity
3.41▲
2023 · 2.32
ROE
-196.8%▼
2023 · -29.0%
Interest coverage
-1.69▼
2023 · 3.36
Debt ≤ 1 year
€40,868▼
2023 · €60,827
Income taxes
€2,256▲
2023 · €671
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,294 companies that looked in July 2024 the way this one looks now, 4.1% went bankrupt within 24 months and 90% are still going.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a loss of 10% of the balance sheet or more
4.1%
went bankrupt
6.0%
stopped otherwise
90%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 3.0% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,294 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €5,650 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,429 | €12,603 | €9,552 | €14,900 | €12,942 | ▼ 13.1% |
| Other operating charges640/8 | - | €693 | €149 | €3,155 | €1,050 | ▼ 66.7% |
| Gross operating margin9900 | €26,161 | €11,382 | €18,775 | €10,669 | -€4,212 | ▼ 139% |
| Operating profit (loss)9901 | €16,772 | -€1,914 | €9,074 | -€7,386 | -€18,204 | ▼ 146% |
| Financial income75/76B | - | €3 | - | - | - | - |
| Recurring financial income75 | - | €3 | - | - | - | - |
| Financial charges65/66B | - | €397 | €980 | €2,236 | €3,110 | ▲ 39.1% |
| Recurring financial charges65 | €1,849 | €397 | €980 | €2,236 | €3,110 | ▲ 39.1% |
| Profit (loss) for the period before taxes9903 | €14,923 | -€2,308 | €8,094 | -€9,622 | -€21,314 | ▼ 122% |
| Income taxes67/77 | - | €5,746 | - | €671 | €2,256 | ▲ 236% |
| Profit (loss) for the period9904 | €14,923 | -€8,054 | €8,094 | -€10,293 | -€23,570 | ▼ 129% |
| Profit (loss) for the period to be appropriated9905 | €14,923 | -€8,054 | €8,094 | -€10,293 | -€23,570 | ▼ 129% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €92,810 | €104,187 | €113,305 | €118,196 | €52,846 | ▼ 55.3% |
| Fixed assets21/28 | €35,062 | €22,459 | €52,907 | €38,007 | €1,760 | ▼ 95.4% |
| Intangible fixed assets21 | €1,071 | - | - | - | - | - |
| Tangible fixed assets22/27 | €33,957 | €22,424 | €52,872 | €37,972 | €1,725 | ▼ 95.5% |
| Furniture and vehicles24 | - | - | - | - | €1,725 | - |
| Leasing and similar rights25 | - | €22,424 | €52,872 | €37,972 | - | - |
| Financial fixed assets28 | €35 | €35 | €35 | €35 | €35 | = |
| Current assets29/58 | €57,748 | €81,728 | €60,399 | €80,188 | €51,086 | ▼ 36.3% |
| Amounts receivable within one year40/41 | €52,451 | €68,350 | €38,199 | €76,849 | €44,965 | ▼ 41.5% |
| Trade receivables40 | - | €60,543 | €38,199 | €75,463 | €44,093 | ▼ 41.6% |
| Other amounts receivable41 | - | €7,808 | - | €1,386 | €872 | ▼ 37.1% |
| Cash at bank and in hand54/58 | €5,297 | €13,377 | €22,199 | €3,339 | €6,121 | ▲ 83.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €92,810 | €104,187 | €113,305 | €118,196 | €52,846 | ▼ 55.3% |
| Equity10/15 | €45,801 | €37,747 | €45,841 | €35,548 | €11,978 | ▼ 66.3% |
| Contributions10/11 | €12,200 | €12,200 | €12,200 | €12,200 | €12,200 | = |
| Outside capital11 | - | €12,200 | €12,200 | €12,200 | - | - |
| Other1109/19 | - | €12,200 | €12,200 | €12,200 | - | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €31,741 | €23,687 | €31,781 | €21,488 | -€2,082 | ▼ 110% |
| Amounts payable17/49 | €47,009 | €66,440 | €67,465 | €82,648 | €40,868 | ▼ 50.6% |
| Amounts payable after more than one year17 | €15,860 | €10,190 | €34,119 | €21,821 | - | - |
| Financial debts170/4 | - | €10,190 | €34,119 | €21,821 | - | - |
| Amounts payable within one year42/48 | €31,150 | €56,250 | €33,346 | €60,827 | €40,868 | ▼ 32.8% |
| Current portion of amounts payable after more than one year42 | - | €5,560 | €8,419 | €5,398 | - | - |
| Trade debts44 | €18,211 | €39,575 | €9,734 | €43,507 | €40,807 | ▼ 6.2% |
| Suppliers440/4 | - | €39,575 | €9,734 | €43,507 | €40,807 | ▼ 6.2% |
| Advances received on contracts in progress46 | - | €3,490 | €14,172 | €11,702 | - | - |
| Taxes, remuneration and social security45 | - | €172 | €299 | €22 | €22 | = |
| Taxes450/3 | - | €22 | €299 | €22 | €22 | = |
| Remuneration and social security454/9 | - | €150 | - | - | - | - |
| Other amounts payable47/48 | - | €7,453 | €721 | €198 | €39 | ▼ 80.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €14,923 | -€8,054 | €8,094 | -€10,293 | -€23,570 | ▼ 129% |
| + Depreciation and write-downs630 | €7,429 | €12,603 | €9,552 | €14,900 | €12,942 | ▼ 13.1% |
| Operating cash flow (approximation) | €22,351 | €4,549 | €17,646 | €4,607 | -€10,628 | ▼ 331% |
| Investment in fixed assets (approximation) | - | €0 | -€40,000 | €0 | €23,306 | - |
| Change in cash | - | €8,081 | €8,822 | -€18,860 | €2,781 | ▲ 115% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
01-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 62 days late
2024
31-12
Financial
Weakest financial yearnet -€23,570
Net result drops to -€23,570, the lowest in the series.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 92 days late
2022
31-12
Financial
Back to profitnet €8,094
Net result €8,094 after one loss-making year.
21-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 82 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Highest result since 2018net €14,923 ▲136%
Operating result €16,772, net result €14,923, both a record.
20-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 112 days late
2019
31-12
Financial
Back to profitnet €6,316
Net result €6,316 after one loss-making year.
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Sint-Jans-Molenbeek · 1 establishment unit since 2016
Ground area
93 m²
Building footprint
86 m²
Volume, LiDAR
1,231 m³
Parcel 21522B0621/00K000, Brussels · tallest building 17.3 m, ±5 floors. Linked by address, not a title deed.
136
companies at this address
See who is registered here
1 establishment unit
DETECT PLUS
since 20162.254.031.956
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21522B0621/00K000 | Brussels | 93 m² | 1 · 86 m² | 17.3 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 15,524 companies in sector 43990 we hold annual accounts for 7,429. 4,396 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded19-05-2016
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
43222Installation of electric heating, air conditioning, cooling and ventilation
Contact
E-invoicing
Reachable via Peppol
Peppol ID
0208:0654844822
Also
9925:BE0654844822
Registered
15-07-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.