Pleisterwerken Devos
ActiveSummary
Pleisterwerken Devos has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-59k) and a net result of €-46k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 14079 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
29
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0▼-18
Growth32=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.08 against 0.21 in 2024; short-term debt: 114.5% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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 2025Solvency, return and age of the figures
Solvency
-36.1%
Return on assets
-27.8%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-59k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 10 filingsDeviation from the deadline
2025
28 d late
2024
29 d late
2023
30 d late
2022
32 d late
2021
110 d late
2020
131 d late
2019
31 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-59k▼ 334%
2024 · €-14k
2018: €-607
2019: €3k
2020: €-8k
2021: €20k
2022: €23k
2023: €19k
2024: €-14k
2018 → 2025
Total assets
€164k▼ 16.0%
2024 · €195k
2018: €191k
2019: €183k
2020: €234k
2021: €263k
2022: €247k
2023: €244k
2024: €195k
2018 → 2025
Net result
€-46k▼ 41.1%
2024 · €-32k
2018: €5k
2019: €4k
2020: €-11k
2021: €28k
2022: €4k
2023: €-5k
2024: €-32k
2018 → 2025
Working capital
€-173k▼ 42.7%
2024 · €-121k
2018: €-52k
2019: €-54k
2020: €-85k
2021: €-60k
2022: €-67k
2023: €-85k
2024: €-121k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€20k-€23k▲ 18.4%€19k▼ 20.1%€-14k€-59k▼ 334%
Operating result€38k-€15k▼ 60.3%€6k▼ 62.2%€-24k€-40k▼ 63.6%
Net result€28k-€4k▼ 87.0%€-5k€-32k▼ 591%€-46k▼ 41.1%
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 €40k in 2025 against €24k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €164k
Fixed assets
€149k ▼ 8.6%
Current assets
€15k ▼ 53.1%
Key figures and ratios
EBITDA
€-26k▼
2024 · €-9k
Cash flow
€-32k▼
2024 · €-18k
Solvency
-36.1%▼
2024 · -7.0%
Current ratio
0.08▼
2024 · 0.21
Quick ratio
0.06▼
2024 · 0.17
Debt to equity
-3.77▲
2024 · -15.30
ROA
-27.8%▼
2024 · -16.5%
Interest coverage
-4.18▼
2024 · -1.16
Debt
€223k▲
2024 · €209k
Debt ≤ 1 year
€188k▲
2024 · €154k
Debt > 1 year
€35k▼
2024 · €54k
Staff costs
€93k▼
2024 · €117k
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 · 2025 against 2024 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€195k€164k▼
Fixed assets21/28€163k€149k▼
Intangible fixed assets21€0€0▼
Tangible fixed assets22/27€163k€149k▼
Land and buildings22€152k€143k▼
Plant, machinery and equipment23€6k€3k▼
Furniture and vehicles24€4k€2k▼
Leasing and similar rights25€379€0▼
Current assets29/58€33k€15k▼
Stocks and contracts in progress3€7k€5k▼
Stocks30/36€7k€5k▼
Contracts in progress37€0-
Amounts receivable within one year40/41€23k€9k▼
Trade receivables40€17k€2k▼
Other amounts receivable41€6k€7k▲
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€195k€164k▼
Equity10/15€-14k€-59k▼
Contributions10/11€19k€19k=
Reserves13€36€36=
Distributable reserves133€36€36=
Profit (loss) carried forward14€-32k€-78k▼
Amounts payable17/49€209k€223k▲
Amounts payable after more than one year17€54k€35k▼
Financial debts170/4€54k€35k▼
Amounts payable within one year42/48€154k€188k▲
Current portion of amounts payable after more than one year42€20k€20k▼
Financial debts43€25k€25k▲
Credit institutions430/8€25k€25k▲
Trade debts44€23k€25k▲
Suppliers440/4€23k€25k▲
Taxes, remuneration and social security45€9k€15k▲
Taxes450/3€2k€3k▲
Remuneration and social security454/9€6k€12k▲
Other amounts payable47/48€76k€103k▲
Accrued charges and deferred income492/3€2k€463▼
Income statement
Code20242025
Remuneration, social security and pensions62€117k€93k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€14k▼
Other operating charges640/8€6k€5k▼
Non-recurring operating charges66A€2k€795▼
Gross operating margin9900€115k€73k▼
Operating profit (loss)9901€-24k€-40k▼
Financial income75/76B€81€107▲
Recurring financial income75€81€107▲
Financial charges65/66B€8k€6k▼
Recurring financial charges65€8k€6k▼
Profit (loss) for the period before taxes9903€-32k€-46k▼
Profit (loss) for the period9904€-32k€-46k▼
Profit (loss) for the period to be appropriated9905€-32k€-46k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-32k€-78k▼
Profit (loss) brought forward from the previous period14P-€-32k
Transfer from equity791/2€0-
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial
Weakest financial yearnet €-46k
Net result drops to €-46k, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
18-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 110 days late
2021
31-12
Financial
Back to profitnet €28k
Net result €28k after one loss-making year.
09-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 131 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
09-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 70 days late
2017
21-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 21 days late
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, Zwevegem · 1 establishment unit since 2012
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.
Watermolenstraat(Z) 108550 ZwevegemGround area
581 m²
Building footprint
150 m²
Volume, LiDAR
937 m³
Parcel 34042A0849/00M000, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PLEISTERWERKEN DEVOS
since 20122.214.317.384
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34042A0849/00M000 | Flanders | 580 m² | 1 · 150 m² | 9.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 12,022 companies in sector 68203 we hold annual accounts for 5,986. 2,032 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
Founded24-10-2012
Fiscal year end31-12
Activities, NACEBEL 2025
43310Plastering work
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.