Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 20 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
De Plassen from Putte, company number BE0728493952, closed financial year 2025 with a result of € -1.7 million after tax. For that financial year De Plassen recorded a gross margin of € -370,347 and equity of € -1.2 million. Compared with financial year 2024, the result moved from € 128,209 to € -1.7 million. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.
€ -1.2 million
▼ € 1.7 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.7 million
▼ still € 128,209 profit in 2024
Profit after tax over the fiscal year.
€ 651,142
▲ 38% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.3 million.
People and assets in 2025
€ 172,706
▲ 6% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 93,408
▲ € 70,557 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 27.5 million
▲ € 23.4 million vs 2024
€ 1.7 million is repaid this year. At this pace the long-term loan is gone in ≈ 16 years.
€ 2.5 million
▲ € 2.4 million vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 21,371
▼ 42% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 243,797 | € 520,092 | € 407,695 | € -370,347 | ▼ € 778,042 |
| Profit after taxes | € 65,430 | € 189,356 | € 128,209 | € -1,706,881 | ▼ € 1.8 million |
| Equity | € 214,955 | € 404,311 | € 532,520 | € -1,174,361 | ▼ € 1.7 million |
| Total debts | € 4,141,754 | € 4,163,495 | € 4,156,385 | € 30,052,293 | ▲ € 25.9 million |
| Cash | € 2,184,075 | € 650,830 | € 472,863 | € 651,142 | ▲ 38% |
| Land & buildings | € 1,809,447 | € 1,796,795 | € 1,784,142 | € 5,597,268 | ▲ 214% |
| Retained profit | € 114,955 | € 304,311 | € 432,520 | € -1,274,361 | ▼ € 1.7 million |
| Bank debt | € 4,020,000 | € 4,020,000 | € 4,020,000 | € 27,462,909 | ▲ € 23.4 million |
| Balance sheet total | € 4,356,709 | € 4,567,806 | € 4,688,905 | € 28,877,933 | ▲ € 24.2 million |
Key figures of De Plassen, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to De Plassen?
What happened at De Plassen in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1.7 million (▼ € 1.8 million vs 2024). filed late Source: NBB ↗
- New establishment in Putte. KBO
- Start of the company according to the CBE. KBO
In short
From € 65,430 profit in 2022 to € 1.7 million loss in 2025.
Paid € 105,844 in corporate taxes since 2022.
Best year ever: 2023, with € 189,356 profit.
Management
Behind De Plassen is Kevin Pittoors. Kevin Pittoors is also behind Monopole Invest and Red Roots.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Lierbaan 196B
2580 Putte
Lierbaan 196 box B
2580 Putte
Active since 14 June 2019
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0728.493.952
- VAT number
- BE 0728.493.952
- Registered office
- Lierbaan 196B, 2580 Putte
- Names & denominations
- De Plassen
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 June 2019
- Peppol
- Active · Active since 3 Mar 2025
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