ARVA PLASTICS
ActiveSummary
ARVA PLASTICS has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.6m and a net result of -€53,733. Equity is growing by ~7% per year across the filed fiscal years. Its solvency ranks better than 15% of 196 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability24▲+3
Solvency42▼-6
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80,000 at 30 days acceptable
Liquidity ample (current ratio 3.97 against 13.79 in 2024; short-term debt: 5.7% and cash: 0.6% of total assets), but 82.7% of the assets are financed with debt.
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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
Manufacture of rubber and plastic products (NACE 22)
about 50% more bankruptcies
← 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 2025Solvency, return and age of the figures
Solvency
17.3%
Return on assets
-0.6%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 196 sector peers (2025).
NBB · sector comparisonPosition among 196 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
23 d early
2024
16 d early
2023
30 d late
2022
1 d late
2021
3 d early
2020
30 d early
2019
29 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 10 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 34% of the sector filed late.
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. Usually files around 28 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€53,733
2024 · €33,540
Working capital
€1.5m▼ 42.0%
2024 · €2.7m
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 22, Manufacture of rubber and plastic products, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€66,132€76,251▲ 15.3%€82,745▲ 8.5%€7,700▼ 90.7%€28,153▲ 266%
Net result€55,827within the sector's middle half▲ 770%€82,083within the sector's middle half▲ 47.0%€113,972within the sector's middle half▲ 38.9%€33,540within the sector's middle half▼ 70.6%-€53,733below the sector's middle half
Equity€1.4mwithin the sector's middle half▲ 46.6%€1.5mwithin the sector's middle half▲ 5.3%€1.6mwithin the sector's middle half▲ 7.6%€1.7mwithin the sector's middle half▲ 2.1%€1.6mwithin the sector's middle half▼ 3.3%
Total assets€3.0mwithin the sector's middle half▲ 187%€3.1mwithin the sector's middle half▲ 5.8%€3.3mwithin the sector's middle half▲ 4.2%€7.1mabove the sector's middle half▲ 115%€9.2mwithin the sector's middle half▲ 30.5%
Debt€244,163▲ 5,320%€333,852▲ 36.7%€352,865▲ 5.7%€4.1m▲ 1,060%€6.3m▲ 54.3%
Working capital€2.7mabove the sector's middle half▲ 163%€2.8mabove the sector's middle half▲ 1.6%€2.9mabove the sector's middle half▲ 4.6%€2.7mabove the sector's middle half▼ 7.8%€1.5mwithin the sector's middle half▼ 42.0%
Solvency47.9%within the sector's middle half▼ 45.9pp47.7%within the sector's middle half▼ 0.2pp49.3%within the sector's middle half▲ 1.5pp23.4%within the sector's middle half▼ 25.9pp17.3%below the sector's middle half▼ 6.1pp
Current ratio12.13above the sector's middle half9.28above the sector's middle half▼ 2.869.36above the sector's middle half▲ 0.0813.79above the sector's middle half▲ 4.433.97above the sector's middle half▼ 9.82
Return on assets (ROA)1.9%within the sector's middle half▲ 1.3pp2.6%within the sector's middle half▲ 0.7pp3.5%within the sector's middle half▲ 0.9pp0.5%within the sector's middle half▼ 3.0pp-0.6%below the sector's middle half▼ 1.1pp
Staff (FTE)28.5above the sector's middle half28.5above the sector's middle half=28.6above the sector's middle half▲ 0.4%11within the sector's middle half▼ 61.5%
above
within
below
the middle half (P25 to P75) of NACE 22, Manufacture of rubber and plastic products, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 266% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €9.2m
Fixed assets
€7.1m ▲ 70.7%
Current assets
€2.1m ▼ 28.0%
Equity and liabilities €9.2m
Equity
€1.6m ▼ 3.3%
Provisions
€1.3m ▼ 1.2%
Debt
€6.3m ▲ 54.3%
Debt's share of the balance-sheet total rises from 58.0% to 68.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€121,833▲
2024 · €12,624
Cash flow
€39,947▲
2024 · €38,464
Debt to equity
3.96▲
2024 · 2.48
ROE
-3.4%▼
2024 · 2.0%
Interest coverage
0.68▲
2024 · 0.18
Debt ≤ 1 year
€521,318▲
2024 · €208,357
Debt > 1 year
€5.8m▲
2024 · €3.9m
Income taxes
€11,176▲
2024 · -€6,633
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 370 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 97% are still going.
- Medium-sized
- 20 years or older
- solvency 10 to 30%
- a small loss
0.5%
went bankrupt
2.2%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 370 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €1.1m | €1.1m | €1.2m | €386,535 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,657 | €6,268 | €9,883 | €4,924 | €93,680 | ▲ 1,802% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | -€619 | - | - | - | - | - |
| Other operating charges640/8 | €8,681 | €514 | - | €3,410 | - | - |
| Non-recurring operating charges66A | - | - | - | - | €29,918 | - |
| Gross operating margin9900 | €1.1m | €1.2m | €1.3m | €402,569 | €151,752 | ▼ 62.3% |
| Operating profit (loss)9901 | €66,132 | €76,251 | €82,745 | €7,700 | €28,153 | ▲ 266% |
| Financial income75/76B | €26,100 | €38,999 | €100,898 | €87,645 | €92,067 | ▲ 5.0% |
| Recurring financial income75 | €26,100 | €38,999 | €100,898 | €87,645 | €92,067 | ▲ 5.0% |
| Financial charges65/66B | €5,745 | €1,782 | €2,880 | €68,438 | €178,423 | ▲ 161% |
| Recurring financial charges65 | €5,745 | €1,782 | €2,880 | €68,438 | €178,423 | ▲ 161% |
| Profit (loss) for the period before taxes9903 | €86,487 | €113,468 | €180,763 | €26,907 | -€58,203 | ▼ 316% |
| Transfer from deferred taxes780 | - | - | - | - | €15,646 | - |
| Income taxes67/77 | €30,660 | €31,386 | €66,791 | -€6,633 | €11,176 | ▲ 268% |
| Profit (loss) for the period9904 | €55,827 | €82,083 | €113,972 | €33,540 | -€53,733 | ▼ 260% |
| Transfer from tax-exempt reserves789 | - | - | - | - | €3,208 | - |
| Profit (loss) for the period to be appropriated9905 | €55,827 | €82,083 | €113,972 | €33,540 | -€50,526 | ▼ 251% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.0m | €3.1m | €3.3m | €7.1m | €9.2m | ▲ 30.5% |
| Fixed assets21/28 | €12,756 | €50,455 | €45,429 | €4.2m | €7.1m | ▲ 70.7% |
| Tangible fixed assets22/27 | €11,570 | €49,269 | €44,243 | €4.2m | €7.1m | ▲ 70.7% |
| Land and buildings22 | - | €11,133 | €14,750 | €4.2m | €7.1m | ▲ 70.8% |
| Plant, machinery and equipment23 | - | €8,814 | - | - | €3,043 | - |
| Furniture and vehicles24 | €11,570 | €29,322 | €29,493 | €3,064 | €156 | ▼ 94.9% |
| Financial fixed assets28 | €1,186 | €1,186 | €1,186 | €421 | - | - |
| Current assets29/58 | €3.0m | €3.1m | €3.2m | €2.9m | €2.1m | ▼ 28.0% |
| Amounts receivable after more than one year29 | €985,569 | €996,389 | €2.5m | €2.7m | €1.8m | ▼ 34.0% |
| Other amounts receivable291 | €985,569 | €996,389 | €2.5m | €2.7m | €1.8m | ▼ 34.0% |
| Amounts receivable within one year40/41 | €1.9m | €2.1m | €545,636 | €76,368 | €186,184 | ▲ 144% |
| Trade receivables40 | €413,928 | €506,958 | €545,636 | €59,288 | €186,184 | ▲ 214% |
| Other amounts receivable41 | €1.5m | €1.6m | - | €17,080 | - | - |
| Cash at bank and in hand54/58 | €23,709 | €16,797 | €41,757 | €61,200 | €51,242 | ▼ 16.3% |
| Deferred charges and accrued income490/1 | €26,099 | - | €100,898 | €71,410 | €72,420 | ▲ 1.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.0m | €3.1m | €3.3m | €7.1m | €9.2m | ▲ 30.5% |
| Equity10/15 | €1.4m | €1.5m | €1.6m | €1.7m | €1.6m | ▼ 3.3% |
| Contributions10/11 | €347,854 | €347,854 | €347,854 | €347,854 | €347,854 | = |
| Capital10 | €347,854 | €347,854 | €347,854 | €347,854 | €347,854 | = |
| Issued capital100 | €347,854 | €347,854 | €347,854 | €347,854 | €347,854 | = |
| Reserves13 | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | ▼ 0.3% |
| Non-distributable reserves130/1 | €34,785 | €34,785 | €34,785 | €34,785 | €34,785 | = |
| Legal reserve130 | €34,785 | €34,785 | €34,785 | €34,785 | €34,785 | = |
| Tax-exempt reserves132 | €332,141 | €371,479 | €371,479 | €371,479 | €368,271 | ▼ 0.9% |
| Distributable reserves133 | €677,284 | €638,408 | €638,408 | €638,408 | €638,408 | = |
| Profit (loss) carried forward14 | €34,485 | €110,153 | €224,125 | €257,665 | €207,140 | ▼ 19.6% |
| Provisions and deferred taxes16 | €1.3m | €1.3m | €1.3m | €1.3m | €1.3m | ▼ 1.2% |
| Deferred taxes168 | €1.3m | €1.3m | €1.3m | €1.3m | €1.3m | ▼ 1.2% |
| Amounts payable17/49 | €244,163 | €333,852 | €352,865 | €4.1m | €6.3m | ▲ 54.3% |
| Amounts payable after more than one year17 | - | - | - | €3.9m | €5.8m | ▲ 49.2% |
| Financial debts170/4 | - | - | - | €3.9m | €5.8m | ▲ 49.2% |
| Amounts payable within one year42/48 | €244,163 | €333,852 | €345,661 | €208,357 | €521,318 | ▲ 150% |
| Current portion of amounts payable after more than one year42 | - | - | - | €190,081 | €428,450 | ▲ 125% |
| Financial debts43 | - | €16 | - | - | - | - |
| Credit institutions430/8 | - | €16 | - | - | - | - |
| Trade debts44 | €85,854 | €164,044 | €185,347 | €18,277 | €41,569 | ▲ 127% |
| Suppliers440/4 | €85,854 | €164,044 | €185,347 | €18,277 | €41,569 | ▲ 127% |
| Taxes, remuneration and social security45 | €158,308 | €169,792 | €160,314 | - | €51,299 | - |
| Taxes450/3 | €51,442 | €56,684 | €76,862 | - | €51,299 | - |
| Remuneration and social security454/9 | €106,867 | €113,108 | €83,452 | - | - | - |
| Accrued charges and deferred income492/3 | - | - | €7,204 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €55,827 | €82,083 | €113,972 | €33,540 | -€53,733 | ▼ 260% |
| + Depreciation and write-downs630 | €6,657 | €6,268 | €9,883 | €4,924 | €93,680 | ▲ 1,802% |
| Operating cash flow (approximation) | €62,484 | €88,350 | €123,855 | €38,464 | €39,947 | ▲ 3.9% |
| Investment in fixed assets (approximation) | - | -€43,966 | -€4,858 | -€4.1m | -€3.1m | ▲ 26.3% |
| Change in cash | - | -€6,911 | €24,959 | €19,443 | -€9,959 | ▼ 151% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
21-09
State Gazette act
Board meeting · Registered-office movePower of attorney4 facts ▸
State Gazette act
Board meeting · Registered-office move
Power of attorney4 facts ▸
- Board meeting, 20-08-2026
- Registered-office move, Hertsbergsestraat 4, 8020 Oostkamp
- Power of attorney, Wouter Adriansens
- Power of attorney, Edouard Claerhout
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet -€53,733
Net result drops to -€53,733, the lowest in the series.
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
31-12
Financial
Highest result since 2019net €113,972 ▲38.9%
Operating result €82,745, net result €113,972, both a record.
01-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 1 day late
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €1mEq €1.4m ▲46.6%
3 profitable years in a row build equity to €1.4m.
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
15-01
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
15-01
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
16-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 15 acts read
About the unread acts
Of the 15 Belgian State Gazette acts we know for this company, 1 has been read. The other 14 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 1 of 15 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Oostkamp · 1 establishment unit since 1993
Ground area
2.1 ha
Building footprint
1.1 ha
Volume, LiDAR
7,619 m³
2 parcels, Flanders, Wallonia · tallest building 25.9 m, ±5 floors. Linked by address, not a title deed.
59
companies at this address
See who is registered here
1 establishment unit
ARVA PLASTICS
since 19932.062.033.720
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52063F0183/00F000 | Wallonia | 2.0 ha | 1 · 1.0 ha | - |
| 31403F0145/00C000 | Flanders | 818 m² | 1 · 541 m² | 25.9 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Articles of association
Registered office clause
Vlaams Gewest, 2
Structure & network
Part of the group
BREMHOVE
33 companies
Group, risk and exposure
Owners and holdings
1 ownerChain of control
- BREMHOVE
- ARVA PLASTICS
Highest known parent: BREMHOVE. The sources do not say who stands above it.
Owners 1
- BREMHOVEparentSourceaccounts BREMHOVE 2025100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Acquisitions and mergers
1 transactionTaken over by:B.S.I.
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Company details
Identification
Legal formPublic limited company
Founded02-04-1993
Fiscal year end31-12
Activities, NACEBEL 2025
22210Manufacture of rubber and plastic products
46499Wholesale of other household goods
E-invoicing
Reachable via Peppol
Peppol ID
0208:0449786030
Also
9925:BE0449786030
Registered
23-04-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.