ANZIPLAST
ActiveANZIPLAST has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €8.84M and a net result of €1.76M. Equity is growing by ~5.6% per year across the filed fiscal years. Its solvency ranks better than 50% of 209 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
92
/ 100
Excellent▲ +6 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability72▲+24
Solvency76▲+10
Growth68▼-1
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €800k at 30 days acceptable
Liquidity tight (current ratio 1.38 against 1.29 in 2023), and 55.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 22
Relative position
BE, all sectors
reference
Sector 22
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
44.6%
Return on assets
8.9%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-06-2025, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
38 d early
2023
12 d early
2022
55 d early
2021
17 d early
2020
37 d early
2019
30 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€31.20M▲ 2.1%
2023 · €30.56M
2018: €23.50M
2019: €22.85M
2020: €20.00M
2021: €27.34M
2022: €28.66M
2023: €30.56M
2018 → 2024
EBIT margin
8.5%▲ 3.7pp
2023 · 4.9%
2018: 4.1%
2019: 9.2%
2020: 6.6%
2021: 9.4%
2022: 4.3%
2023: 4.9%
2018 → 2024
Net result
€1.76M▲ 89.7%
2023 · €929k
2018: €728k
2019: €1.61M
2020: €1.18M
2021: €2.55M
2022: €874k
2023: €929k
2018 → 2024
Working capital
€3.51M▲ 14.3%
2023 · €3.07M
2018: €2.34M
2019: €2.25M
2020: €1.33M
2021: €2.39M
2022: €2.83M
2023: €3.07M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€20.00M-€27.34M▲ 36.7%€28.66M▲ 4.8%€30.56M▲ 6.6%€31.20M▲ 2.1%
Equity€6.06M-€7.11M▲ 17.4%€7.67M▲ 7.9%€7.98M▲ 4.0%€8.84M▲ 10.8%
Operating result€1.32M-€2.57M▲ 94.6%€1.24M▼ 51.9%€1.49M▲ 20.1%€2.66M▲ 78.9%
Net result€1.18M-€2.55M▲ 116%€874k▼ 65.8%€929k▲ 6.4%€1.76M▲ 89.7%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 79% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €19.81M
Fixed assets
€7.03M▼ 2.2%
Current assets
€12.78M▼ 6.7%
Equity and liabilities €19.81M
Equity
€8.84M▲ 10.8%
Provisions
€27k▼ 24.0%
Debt
€10.94M▼ 15.0%
The debt ratio falls from 61.6% to 55.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€4.02M▲
2023 · €2.75M
Cash flow
€3.13M▲
2023 · €2.20M
Solvency
44.6%▲
2023 · 38.2%
Current ratio
1.38▲
2023 · 1.29
Quick ratio
0.74▲
2023 · 0.60
Debt / equity
1.24▼
2023 · 1.61
ROE
19.9%▲
2023 · 11.6%
ROA
8.9%▲
2023 · 4.4%
Interest coverage
15.27▲
2023 · 11.95
Debt
€10.94M▼
2023 · €12.87M
Debt ≤ 1 year
€9.27M▼
2023 · €10.63M
Debt > 1 year
€1.63M▼
2023 · €2.18M
Income taxes
€596k▲
2023 · €285k
Staff costs
€7.91M▼
2023 · €8.17M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€20.89M€19.81M▼
Fixed assets21/28€7.19M€7.03M▼
Intangible fixed assets21€89k€147k▲
Tangible fixed assets22/27€5.41M€5.20M▼
Land and buildings22€1.80M€1.79M▼
Plant, machinery and equipment23€1.43M€1.48M▲
Furniture and vehicles24€266k€561k▲
Leasing and similar rights25€1.91M€1.37M▼
Financial fixed assets28€1.69M€1.69M=
Affiliated companies280/1€1.69M€1.69M=
Participating interests280€1.69M€1.69M=
Other financial fixed assets284/8€3k€3k=
Shares284€86€86=
Amounts receivable and cash guarantees285/8€3k€3k=
Current assets29/58€13.70M€12.78M▼
Stocks and contracts in progress3€7.32M€5.96M▼
Stocks30/36€7.32M€5.96M▼
Raw materials and consumables30/31€4.82M€3.85M▼
Work in progress32€0-
Finished goods33€2.50M€2.10M▼
Amounts receivable within one year40/41€6.01M€6.28M▲
Trade receivables40€5.77M€5.80M▲
Other amounts receivable41€232k€484k▲
Cash at bank and in hand54/58€364k€535k▲
Deferred charges and accrued income490/1€11k€7k▼
Equity and liabilities
Total equity and liabilities10/49€20.89M€19.81M▼
Equity10/15€7.98M€8.84M▲
Contributions10/11€415k€415k=
Capital10€405k€405k=
Issued capital100€405k€405k=
Outside capital11€10k€10k=
Share premium1100/10€10k€10k=
Reserves13€5.78M€5.76M▼
Non-distributable reserves130/1€41k€41k=
Legal reserve130€41k€41k=
Tax-exempt reserves132€4.98M€4.96M▼
Distributable reserves133€760k€760k=
Profit (loss) carried forward14€1.77M€2.66M▲
Investment grants15€14k€9k▼
Provisions and deferred taxes16€36k€27k▼
Deferred taxes168€36k€27k▼
Amounts payable17/49€12.87M€10.94M▼
Amounts payable after more than one year17€2.18M€1.63M▼
Financial debts170/4€2.18M€1.63M▼
Leasing and similar obligations172€1.36M€834k▼
Credit institutions173€828k€798k▼
Amounts payable within one year42/48€10.63M€9.27M▼
Current portion of amounts payable after more than one year42€734k€781k▲
Financial debts43€4.20M€2.50M▼
Credit institutions430/8€4.20M€2.50M▼
Trade debts44€3.55M€2.81M▼
Suppliers440/4€3.55M€2.81M▼
Advances received on contracts in progress46€74k€32k▼
Taxes, remuneration and social security45€1.46M€1.25M▼
Taxes450/3€339k€280k▼
Remuneration and social security454/9€1.13M€972k▼
Other amounts payable47/48€617k€1.90M▲
Accrued charges and deferred income492/3€58k€41k▼
Income statement
Code20232024
Operating income70/76A€31.87M€31.33M▼
Turnover70€30.56M€31.20M▲
Change in stocks of work in progress, finished goods and contracts in progress71€722k€-395k▼
Other operating income74€556k€523k▼
Non-recurring operating income76A€34k€2k▼
Operating charges60/66A€30.39M€28.67M▼
Goods for resale, raw materials and consumables60€16.72M€15.04M▼
Purchases600/8€17.03M€14.07M▼
Change in stocks: decrease (increase)609€-315k€968k▲
Services and other goods61€4.17M€4.30M▲
Remuneration, social security and pensions62€8.17M€7.91M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.27M€1.36M▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€5k€0▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€0-
Other operating charges640/8€58k€61k▲
Non-recurring operating charges66A€245€4k▲
Operating profit (loss)9901€1.49M€2.66M▲
Financial income75/76B€67k€71k▲
Recurring financial income75€67k€71k▲
Income from current assets751€1k€3k▲
Other financial income752/9€66k€68k▲
Financial charges65/66B€350k€380k▲
Recurring financial charges65€350k€380k▲
Debt charges650€230k€264k▲
Other financial charges652/9€120k€117k▼
Profit (loss) for the period before taxes9903€1.20M€2.35M▲
Transfer from deferred taxes780€10k€9k▼
Income taxes67/77€285k€596k▲
Taxes670/3€298k€600k▲
Tax adjustments and reversals of tax provisions77€13k€3k▼
Profit (loss) for the period9904€929k€1.76M▲
Transfer from tax-exempt reserves789€25k€21k▼
Transfer to tax-exempt reserves689€0-
Profit (loss) for the period to be appropriated9905€955k€1.78M▲
Appropriation of the result
Profit (loss) to be appropriated9906€2.39M€3.56M▲
Profit (loss) brought forward from the previous period14P€1.44M€1.77M▲
Profit to be distributed694/7€617k€896k▲
Return on contributions (dividend)694€617k€896k▲
Social balance
Average headcount (FTE)9087115.3113.4▼
The notes to these accounts (89 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
06-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
14-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2018net €2.55M ▲116%
Net result €2.55M, the highest in the series.
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
01-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
01-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
14 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, Izegem · 1 establishment unit since 1983
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.
Prins Albertlaan 708870 IzegemGround area
1.6 ha
Building footprint
1.2 ha
Volume, LiDAR
125,342 m³
Parcel 36494D0090/00H000, Flanders · tallest building 15.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Prins Albertlaan 70, 8870 Izegem
since 19832.021.739.623
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36494D0090/00H000 | Flanders | 1.6 ha | 1 · 1.2 ha | 15.9 m · 3 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 16 entries · 109,200 EUR awarded · 109,200 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 3 | 12,204 EUR | 16,272 EUR |
| 2024 | 4 | 23,018 EUR | 37,018 EUR |
| 2023 | 4 | 28,779 EUR | 44,811 EUR |
| 2022 | 5 | 45,199 EUR | 11,099 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Call groene stroom (stopgezet)
Subsidies voor internationaal ondernemen
Vlaams opleidingsverlof (VOV)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Show 1 more
Werkbaarheidscheque (stopgezet)
Recognitions · licences · registrations
Legal Entity Identifier
549300KG7G7QY0Z6ON50
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Of 596 companies in sector 22260 we hold annual accounts for 278. 131 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded31-01-1983
Fiscal year end31-12
Activities, NACEBEL
22260Manufacture of rubber and plastic products
25240
16281Manufacture of other wood products
20510
46190Agents in non-specialised wholesale trade
46649Wholesale of other machinery and equipment
51872
Sources
Crossroads Bank for EnterprisesNational Bank · 41 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.