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E-PLUG

Bankruptcy
Private limited companyfounded 2020KBO/BCE: BE 0757.964.136
Summary

The KBO register records for E-PLUG the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2023 annual accounts show negative equity (€-16k) and a net result of €-31k.

Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 29-08-2024, 29 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 · 3 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
29 d late
2022
5 d early
2021
31 d early
← before the deadline after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck

Financials · fiscal year 2023, micro schema

Equity
€-16k
2022 · €85k
2021: €-5k 2022: €85k▲ +1972% vs 2021highest in 3 years 2023: €-16k▼ -119% vs 2022lowest in 3 years
2021 → 2023
Total assets
€127k▼ 26.3%
2022 · €173k
2021: €5klowest in 3 years 2022: €173k▲ +3701% vs 2021highest in 3 years 2023: €127k▼ -26.3% vs 2022
2021 → 2023
Net result
€-31k
2022 · €89k
2021: €-7k 2022: €89k▲ +1362% vs 2021highest in 3 years 2023: €-31k▼ -135% vs 2022lowest in 3 years
2021 → 2023
Working capital
€-58k
2022 · €65k
2021: €-7k 2022: €65k▲ +980% vs 2021highest in 3 years 2023: €-58k▼ -190% vs 2022lowest in 3 years
2021 → 2023
Trend over the years
Multi-year overview
Available amounts per fiscal year
Line202120222023Trend
Equity€-5k-€85k€-16k 2021: €-5k 2022: €85k▲ +1972% vs 2021highest in 3 years 2023: €-16k▼ -119% vs 2022lowest in 3 years
Operating result€-6k-€115k€-22k 2021: €-6k 2022: €115k▲ +1895% vs 2021highest in 3 years 2023: €-22k▼ -119% vs 2022lowest in 3 years
Net result€-7k-€89k€-31k 2021: €-7k 2022: €89k▲ +1362% vs 2021highest in 3 years 2023: €-31k▼ -135% vs 2022lowest in 3 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-50k€0€50k€100kOperating result 2021: €-6k€-6kNet result 2021: €-7k€-7kOperating result 2022: €115k€115kNet result 2022: €89k€89kOperating result 2023: €-22k€-22kNet result 2023: €-31k€-31k202120222023€-50k€0€50k€100kOperating result 2021: €-6k€-6.4kNet result 2021: €-7k€-7.1kOperating result 2022: €115k€115kNet result 2022: €89k€89kOperating result 2023: €-22k€-22kNet result 2023: €-31k€-31k202120222023
The operating result turns negative in 2023: a loss of €22k after €115k in 2022, the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €126k
Fixed assets €104k ▲ 65.9%
Current assets €22k ▼ 79.9%
Key figures and ratios
2023 value · change against 2022
EBITDA
€3k▼
2022 · €128k
Cash flow
€-6k▼
2022 · €102k
Solvency
-12.7%▼
2022 · 49.2%
Current ratio
0.27▼
2022 · 2.51
Quick ratio
0.24▼
2022 · 2.46
Debt to equity
-8.85▼
2022 · 1.03
ROA
-24.4%▼
2022 · 51.8%
Interest coverage
0.35▼
2022 · 21.11
Debt
€143k▲
2022 · €88k
Debt ≤ 1 year
€80k▲
2022 · €43k
Debt > 1 year
€63k▲
2022 · €45k
Income taxes
€123▼
2022 · €20k
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 · 2023 against 2022 · 47 lines
Balance sheet Code20222023
Assets
Total assets20/58€173k€127k▼
Formation expenses20€2k€1k▼
Fixed assets21/28€63k€104k▲
Tangible fixed assets22/27€63k€96k▲
Plant, machinery and equipment23€4k€6k▲
Furniture and vehicles24-€7k
Leasing and similar rights25€58k€84k▲
Financial fixed assets28-€7k
Current assets29/58€108k€22k▼
Stocks and contracts in progress3€2k€2k▲
Stocks30/36€2k€2k▲
Amounts receivable within one year40/41€98k€17k▼
Trade receivables40€24k€17k▼
Other amounts receivable41€74k€377▼
Cash at bank and in hand54/58€7k€2k▼
Equity and liabilities
Total equity and liabilities10/49€173k€127k▼
Equity10/15€85k€-16k▼
Contributions10/11€3k€3k=
Profit (loss) carried forward14€82k€-19k▼
Amounts payable17/49€88k€143k▲
Amounts payable after more than one year17€45k€63k▲
Financial debts170/4€45k€63k▲
Amounts payable within one year42/48€43k€80k▲
Current portion of amounts payable after more than one year42€11k€21k▲
Financial debts43€2k€9k▲
Credit institutions430/8€2k€9k▲
Trade debts44€9k€18k▲
Suppliers440/4€9k€18k▲
Taxes, remuneration and social security45€20k€32k▲
Taxes450/3€20k€32k▲
Other amounts payable47/48-€599
Income statement Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€25k▲
Other operating charges640/8€771€2k▲
Gross operating margin9900€129k€5k▼
Operating profit (loss)9901€115k€-22k▼
Financial income75/76B€0€3▲
Recurring financial income75€0€3▲
Financial charges65/66B€6k€9k▲
Recurring financial charges65€6k€9k▲
Profit (loss) for the period before taxes9903€109k€-31k▼
Income taxes67/77€20k€123▼
Profit (loss) for the period9904€89k€-31k▼
Profit (loss) for the period to be appropriated9905€89k€-31k▼
Appropriation of the result
Profit (loss) to be appropriated9906€82k€51k▼
Profit (loss) brought forward from the previous period14P€-7k€82k▲
Profit to be distributed694/7-€70k
Return on contributions (dividend)694-€70k

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line202120222023Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€623€13k€25k▲ 96.5%
Other operating charges640/8€376€771€2k▲ 162%
Gross operating margin9900€-5k€129k€5k▼ 96.1%
Operating profit (loss)9901€-6k€115k€-22k▼ 119%
Financial income75/76B€17€0€3▲ 27,600%
Recurring financial income75€17€0€3▲ 27,600%
Financial charges65/66B€673€6k€9k▲ 43.4%
Recurring financial charges65€673€6k€9k▲ 43.4%
Profit (loss) for the period before taxes9903€-7k€109k€-31k▼ 128%
Income taxes67/77-€20k€123▼ 99.4%
Profit (loss) for the period9904€-7k€89k€-31k▼ 135%
Profit (loss) for the period to be appropriated9905€-7k€89k€-31k▼ 135%
Line202120222023Change
Assets
Total assets20/58€5k€173k€127k▼ 26.3%
Formation expenses20€3k€2k€1k▼ 32.3%
Fixed assets21/28-€63k€104k▲ 65.9%
Tangible fixed assets22/27-€63k€96k▲ 53.9%
Plant, machinery and equipment23-€4k€6k▲ 43.0%
Furniture and vehicles24--€7k-
Leasing and similar rights25-€58k€84k▲ 43.3%
Financial fixed assets28--€7k-
Current assets29/58€2k€108k€22k▼ 79.9%
Stocks and contracts in progress3€850€2k€2k▲ 14.3%
Stocks30/36€850€2k€2k▲ 14.3%
Amounts receivable within one year40/41€352€98k€17k▼ 82.5%
Trade receivables40-€24k€17k▼ 30.8%
Other amounts receivable41€352€74k€377▼ 99.5%
Cash at bank and in hand54/58€512€7k€2k▼ 71.7%
Equity and liabilities
Total equity and liabilities10/49€5k€173k€127k▼ 26.3%
Equity10/15€-5k€85k€-16k▼ 119%
Contributions10/11€3k€3k€3k=
Profit (loss) carried forward14€-7k€82k€-19k▼ 123%
Amounts payable17/49€9k€88k€143k▲ 63.4%
Amounts payable after more than one year17-€45k€63k▲ 41.9%
Financial debts170/4-€45k€63k▲ 41.9%
Amounts payable within one year42/48€9k€43k€80k▲ 85.9%
Current portion of amounts payable after more than one year42-€11k€21k▲ 85.8%
Financial debts43-€2k€9k▲ 269%
Credit institutions430/8-€2k€9k▲ 269%
Trade debts44€1k€9k€18k▲ 98.1%
Suppliers440/4€1k€9k€18k▲ 98.1%
Taxes, remuneration and social security45-€20k€32k▲ 55.1%
Taxes450/3-€20k€32k▲ 55.1%
Other amounts payable47/48€8k-€599-
Line202120222023Change
Profit (loss) for the period9904€-7k€89k€-31k▼ 135%
+ Depreciation and write-downs630€623€13k€25k▲ 96.5%
Operating cash flow (approximation)€-6k€102k€-6k▼ 106%
Investment in fixed assets (approximation)--€-67k-
Change in cash-€7k€-5k▼ 177%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
21-03
KBO administration Address struck
Luxemburgstraat 20 Die Sitzadresse Luxemburgstraat 20 9140 Temse · event 07-02-2025
2024
29-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial Weakest financial yearnet €-31k
Net result drops to €-31k, the lowest in the series.
26-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Back to profitnet €89k
Net result €89k after one loss-making year.
31-12
Financial Liquidity times 13current ratio 2.51
Current ratio from 0.19 to 2.51.
30-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 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
2 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, Temse · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
7,219 m²
Building footprint
1,412 m²
Volume, LiDAR
16,298 m³
Parcel 46025B0179/09E000, Flanders · tallest building 16.4 m, ±4 floors. Linked by address, not a title deed.
307 companies at this address See who is registered here
1 establishment unit
E-PLUG
Repair and maintenance of machinery
since 20202.309.763.505
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46025B0179/09E000 Flanders 7,219 m² 1 · 1,412 m² 16.4 m · 4 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.

Recognitions · licences · registrations

Dual-learning approval

3 live approvals · 1 ended
Elektrische installaties duaal (so)
Goedgekeurd · 2023 to 2028
Elektrotechnisch installateur (vwo)
Goedgekeurd · 2023 to 2028
Installateur elektrotechnische basiscomponenten duaal (so)
Goedgekeurd · 2023 to 2028
Show 1 ended approval
Residentieel elektrotechnisch installateur (so)
discontinued · 2023 to 2025

Similar companies · same sector, comparable size

Of 1,123 companies in sector 43212 we hold annual accounts for 420. 359 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
Founded10-11-2020
Fiscal year end31-12
Activities, NACEBEL 2025
43212Electrical installation work in industrial facilities
46643Wholesale of electrical equipment, including installation materials
Contact
E-mail info@e-plug.be

Scores and ratios are computed by Checked and are not a credit decision.