Summary
PLAMN is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €77k and a net result of €-40k. Equity is shrinking by ~16% per year across the filed fiscal years. Its solvency ranks better than 56% of 9863 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-08-2025, 11 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 filingsDeviation from the deadline
2025
not confirmed
2024
11 d late
2023
1 d early
2022
on the day
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€77k▼ 34.5%
2023 · €117k
2022: €113k
2023: €117k
2022 → 2024
Net result
€-40k
2023 · €4k
2022: €110k
2023: €4k
2022 → 2024
Total assets
€125k▼ 27.3%
2023 · €172k
2022: €235k
2023: €172k
2022 → 2024
Solvency
61.5%▼ 6.8pp
2023 · 68.2%
2022: 48.0%
2023: 68.2%
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€113k-€117k▲ 3.9%€77k▼ 34.5%
Operating result€140k-€6k▼ 95.8%€-40k
Net result€110k-€4k▼ 96.0%€-40k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €40k after €6k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €125k
Fixed assets
€24k ▲ 2,376%
Current assets
€100k ▼ 41.2%
Equity and liabilities €125k
Equity
€77k ▼ 34.5%
Debt
€48k ▼ 11.8%
Debt's share of the balance-sheet total rises from 31.8% to 38.5%. Equity and debt are lower.
Key figures and ratios
ROE
-52.7%▼
2023 · 3.7%
ROA
-32.4%▼
2023 · 2.5%
Debt ≤ 1 year
€48k▼
2023 · €54k
Income taxes
€217▼
2023 · €2k
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 · 2024 against 2023 · 44 lines
Balance sheet
Code20232024
Assets
Total assets20/58€172k€125k▼
Fixed assets21/28€988€24k▲
Tangible fixed assets22/27€988€24k▲
Plant, machinery and equipment23€988€2k▲
Furniture and vehicles24-€22k
Current assets29/58€171k€100k▼
Stocks and contracts in progress3€47k€0▼
Stocks30/36€47k€0▼
Amounts receivable within one year40/41€85k€91k▲
Trade receivables40€57k€1k▼
Other amounts receivable41€28k€89k▲
Cash at bank and in hand54/58€38k€10k▼
Equity and liabilities
Total equity and liabilities10/49€172k€125k▼
Equity10/15€117k€77k▼
Contributions10/11€3k€3k=
Reserves13€114k€74k▼
Distributable reserves133€114k€74k▼
Amounts payable17/49€54k€48k▼
Amounts payable within one year42/48€54k€48k▼
Trade debts44€30k€27k▼
Suppliers440/4€30k€27k▼
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€15k€12k▼
Taxes450/3€14k€9k▼
Remuneration and social security454/9€2k€3k▲
Other amounts payable47/48€9k€9k=
Accrued charges and deferred income492/3€115€0▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€59€292▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€25k€-17k▼
Other operating charges640/8€983€3k▲
Gross operating margin9900€32k€-54k▼
Operating profit (loss)9901€6k€-40k▼
Financial income75/76B€620€3k▲
Recurring financial income75€620€3k▲
Financial charges65/66B€173€2k▲
Recurring financial charges65€173€2k▲
Profit (loss) for the period before taxes9903€6k€-40k▼
Income taxes67/77€2k€217▼
Profit (loss) for the period9904€4k€-40k▼
Profit (loss) for the period to be appropriated9905€4k€-40k▼
Appropriation of the result
Profit (loss) to be appropriated9906€4k€-40k▼
Transfer from equity791/2-€40k
Transfer to equity691/2€4k€0▼
To other reserves6921€4k€0▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
11-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 11 days late
2024
31-12
Financial
Weakest financial yearnet €-40k ▼1025%
Net result drops to €-40k, the lowest in the series.
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Gistel · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Brugse baan 190 a8470 GistelGround area
1.8 ha
Building footprint
503 m²
Volume, LiDAR
2,292 m³
2 parcels, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PLAMN
since 20222.328.531.718
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35005B0506/04T000 | Flanders | 1.6 ha | 1 · 295 m² | 8.1 m · 2 fl. |
| 35005B0506/04W000 | Flanders | 1,783 m² | 1 · 207 m² | 6.7 m · 2 fl. |
Linked by address, not proof of ownership
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.
Similar companies · same sector, comparable size
LQL INVEST
BE 0787.784.906
Mouscron · Eq €76,649
Holsa
BE 0797.461.348
Zedelgem · Eq €76,659
ZABULUS
BE 0674.923.426
Hasselt · Eq €76,696
BERLOOT INVEST
BE 1016.881.682
Bonheiden · Eq €76,584
StrongSensed
BE 0785.770.769
Avelgem · Eq €76,579
Of 24,725 companies in sector 64210 we hold annual accounts for 19,762. 11,650 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-02-2022
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
41001General construction of residential buildings
68121Development of residential building projects
43910Bricklaying and masonry work
43990Other specialised construction activities
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.