ACTIVE

PLUS PAINT

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Financial year 2016 · closed on 31/12/2016

Net result

43,3 k €

-73.1% YoY

Gross margin

656,7 k €

-31.2% YoY

Equity

609,5 k €

+35.1% YoY

Workforce

4,0 ETP

-20.0% YoY

What does PLUS PAINT do?

PLUS PAINT is a Private limited company incorporated in 2005. Its main activity is: Management consultancy activities. Its registered office is in Mechelen. It employs on average 4,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0873.308.816

Incorporation

07/04/2005

Legal form

Private limited company

Registered office

Geerdegem-Schonenberg 248
2800 Mechelen · FlandreSee on map

Latest accounts

31/12/2016

Average workforce

4,0 ETP

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities 45310Wholesale trade of motor vehicle parts and accessories 46720Wholesale of metals and metal ores 50301Inland passenger water transport

Joint committees (2)

Signals

ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 10 financial years

	2016		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	656,7 k €	-31.2%	954,5 k €	+23.3%	774,4 k €	-7.6%	837,9 k €	-8.9%	919,6 k €	+18.2%	777,8 k €	+168%	290,2 k €	-3.7%	301,3 k €	+143%	123,8 k €	+329%	28,9 k €
EBITDA	260,9 k €	-47.5%	497,1 k €	+87.0%	265,8 k €	+8.1%	246 k €	+9.2%	225,2 k €	+1.2%	222,6 k €	+426%	42,3 k €	-65.1%	121,3 k €	+4.6%	116 k €	+302%	28,8 k €
Operating result	90,6 k €	-70.0%	302,3 k €	+323%	71,4 k €	-3.6%	74 k €	-6.1%	78,8 k €	-34.7%	120,6 k €	+286%	31,2 k €	-71.4%	109,2 k €	+6.1%	102,9 k €	+257%	28,8 k €
Net result	43,3 k €	-73.1%	160,9 k €	+31329%	512 €	-97.1%	17,9 k €	+16.0%	15,5 k €	-69.5%	50,6 k €	+76.3%	28,7 k €	-62.4%	76,4 k €	+9.9%	69,5 k €	+232%	20,9 k €
Balance sheet
Equity	609,5 k €	+35.1%	451,2 k €	+55.4%	290,3 k €	+0.2%	289,8 k €	+6.6%	271,9 k €	+2.2%	266,1 k €	+23.5%	215,5 k €	+15.4%	186,8 k €	+69.2%	110,4 k €	+170%	40,9 k €
Total assets	1,3 M €	-8.9%	1,4 M €	-13.4%	1,6 M €	-3.9%	1,7 M €	-47.7%	3,3 M €	+63.4%	2 M €	+237%	593,6 k €	+2.4%	579,6 k €	+30.2%	445,3 k €	+8.7%	409,7 k €
Cash	115,6 k €	+153%	45,7 k €	+28.3%	35,6 k €	+51.8%	23,5 k €	-71.2%	81,4 k €	+238%	24,1 k €	-89.5%	230 k €	+19.4%	192,7 k €	+973%	18 k €	+9.7%	16,4 k €
Debts	684,7 k €	-29.3%	968,7 k €	-28.2%	1,4 M €	-4.7%	1,4 M €	-52.7%	3 M €	+72.8%	1,7 M €	+387%	355,5 k €	-8.4%	388,3 k €	+15.9%	334,9 k €	-9.2%	368,8 k €
Other
Workforce	4,0 ETP	-20.0%	5,0 ETP	-16.7%	6,0 ETP	-15.5%	7,1 ETP	-25.3%	9,5 ETP	+72.7%	5,5 ETP	+89.7%	2,9 ETP	+3.6%	2,8 ETP		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2016 · 2 active · 4 ended

Active mandates

DIRK LIPPENS

Manager

Active

LUC VAN DEN HEMEL

Manager

Active

Ended mandates

Willem Bastiaan Van de Ven

Manager · since 01 juillet 2007 · until 01 juillet 2013

Ended

Willem Bastiaan Van de Ven

Manager · since 01 juillet 2007

Ended

Wilhelmus Van den Ven

Manager

Ended

Willem Bastiaan Van de Ven

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
Automotive Repair Network - Five Star - REPANET - CUI● Active	0434.032.537
Axalta Coating Systems Belgium● Active	0844.220.989

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	09/07/2025	25/07/2024	01/09/2023	13/09/2022	12/07/2021	23/06/2020
General meeting	20/06/2025	21/06/2024	16/06/2023	11/07/2022	18/06/2021	19/06/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	20/06/2025	09/07/2025	Dutch	PDF
Abridged model	31/12/2023	21/06/2024	25/07/2024	Dutch	PDF
Abridged model	31/12/2022	16/06/2023	01/09/2023	Dutch	PDF
Abridged model	31/12/2021	11/07/2022	13/09/2022	Dutch	PDF
Abridged model	31/12/2020	18/06/2021	12/07/2021	Dutch	PDF
Abridged model	31/12/2019	19/06/2020	23/06/2020	Dutch	PDF
Abridged model	31/12/2018	21/06/2019	25/07/2019	Dutch	PDF
Abridged modelCorrection	31/12/2017	22/06/2018	15/02/2019	Dutch	PDF
Abridged model	31/12/2017	22/06/2018	04/07/2018	Dutch	PDF
Abridged model	31/12/2016	02/05/2017	31/07/2017	Dutch	PDF
Abridged model	31/12/2015	17/06/2016	03/08/2016	Dutch	PDF
Abridged model	31/12/2014	19/06/2015	03/08/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	19/08/2014	Dutch	PDF
Abridged model	31/12/2012	30/06/2013	29/08/2013	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	10/08/2012	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	18/08/2011	Dutch	PDF
Abridged model	31/12/2009	30/06/2010	29/07/2010	Dutch	PDF
Abridged model	31/12/2008	30/06/2009	28/07/2009	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	13/08/2008	Dutch	PDF
Abridged model	31/12/2006	15/06/2007	22/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2016 · 2 active · 4 ended

Active mandates

DIRK LIPPENS

Manager

Active

LUC VAN DEN HEMEL

Manager

Active

Ended mandates

Willem Bastiaan Van de Ven

Manager · since 01 juillet 2007 · until 01 juillet 2013

Ended

Willem Bastiaan Van de Ven

Manager · since 01 juillet 2007

Ended

Wilhelmus Van den Ven

Manager

Ended

Willem Bastiaan Van de Ven

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates05/12/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/07/2022
ONTSLAGEN - BENOEMINGEN
PDF
Registered office19/11/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL
PDF
Mandates25/03/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/11/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/11/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/09/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/11/2017
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2016
Annual accounts 201643,3 k €↓
2014
Annual accounts 2014160,9 k €↑
2013
Annual accounts 2013512 €↓
2012
Annual accounts 201217,9 k €↑
2011
Annual accounts 201115,5 k €↓
2010
Annual accounts 201050,6 k €↑
2009
Annual accounts 200928,7 k €↓
2009
Name changePLUS PAINT
2008
Annual accounts 200876,4 k €↑
2007
Annual accounts 200769,5 k €↑
2006
Annual accounts 200620,9 k €
2006
Name changeMK Automotive Services
07/04/2005
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

PLUS PAINT

Overview

What does PLUS PAINT do?

Trend over 10 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline