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ASPEL V.G. PLASTICS

Active
Public limited companyfounded 1988active for 38 yearsBuntjesstraat 11, 3583 Beringen, BelgiumKBO/BCE: BE 0434.851.097
Summary

ASPEL V.G. PLASTICS has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.6m and a net result of €377,144. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 45% of 186 sector peers (NACE 22, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Official details

Source: KBO
Status
Active since 15-07-1988 Normal situation
Activity
Manufacture of rubber and plastic products NACE 22240and 1 other
Joint committees
207 Paritair Comité voor de bedienden uit de scheikundige nijverheid
116 Paritair Comité voor de scheikundige nijverheid · annual accounts 2021
Establishment unit
2.240.705.146 3583 Beringen, since 01-03-2015
Financial year end
31 December
Peppol
Reachable since 14-05-2025

Board and ownership

Board
Auditor
BDO Bedrijfsrevisoren bv
Shareholders
  • ASPEL GROUP· score 70annual accounts 2025
  • ASPEL· score 68annual accounts 2025

Financial position

84 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Annual accounts 2025
Turnover
€2.1m
▼ 26.0%
Profit
€377,144
▲ 65.9%
Equity
€1.6m
▲ 30.3%
Total assets
€3.7m
▼ 11.8%
Employees on 31-12-2025
7
▼ 22.2%
Score breakdownraises riskLiquidity: current ratio 0.66, cash €88,3641 of the last 3 accounts latelowers riskFounded in 1988Profit of €377,144 (financial year 2025)Show the evidence

Checked score

Score 2025
84 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 45% of micro companies in rubber and plastics (NACE 22)
Financial strength · tick: 2024
Average
Solvency 69+14
equity 43.8% of total assets
Liquidity 27+12
short-term debt 52.2% · cash 2.4%
Profitability 77+36
return on assets 10.2%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (358 companies, NACE 22, micro)
Last 24 months 12-2024: 1.1%highest value 01-2025: 1.1%● unchanged vs 12-2024highest value 02-2025: 1.1%● unchanged vs 01-2025 03-2025: 1.1%● unchanged vs 02-2025 04-2025: 1.1%● unchanged vs 03-2025 05-2025: 1.1%● unchanged vs 04-2025 06-2025: 1.1%● unchanged vs 05-2025 07-2025: 0.4%▼ -0.7 percentage points vs 06-2025 08-2025: 0.4%● unchanged vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026lowest value 07-2026: 0.4%● unchanged vs 06-2026lowest value 08-2026: 0.4%● unchanged vs 07-2026lowest value 09-2026: 0.4%● unchanged vs 08-2026lowest value 10-2026: 0.4%● unchanged vs 09-2026lowest value 11-2026: 0.4%● unchanged vs 10-2026lowest value
Credit of up to €130,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.66 (0.48 in 2024), below 1. Short-term debt is 52.2% and cash 2.4% of total assets. 56.2% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 22, micro). It does better than 48% of them on solvency, 22% on liquidity, 66% on profitability and 45% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Founded in 1988
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Liquidity: current ratio 0.66, cash €88,364
NBB · annual accounts
raises risk · 1 of the last 3 accounts late
NBB · filings
lowers risk · Profit of €377,144 (financial year 2025)
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €1.6m
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 28-05-2026, 64 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
64 days early
2024
56 days early
2023
22 days early
2022
17 days early
2021
31 days early
2020
60 days early
2019
46 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 42 days before the deadline. In the sector (NACE 22), the median for financial year 2024 was 14 days before the deadline, and 34% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Result rose in 2025from €227,343 to €377,144 ▲ 65.9% View
  • Positive: Higher net result than 84% of companies in rubber and plasticssector median €41,328 · 187 companies €377,144 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View

Recent changes

  1. · Gazette deed Resignation: Matthias Kreye (director)
  2. · Gazette deed Reappointment: BDO Bedrijfsrevisoren BV (statutory auditor)
  3. · Gazette deed 2 directors appointed, 2 directors resigningResignations: CEOACH BV (director) and Jens Biermann (director) · Permanent representative: Vincent Pairet · Appointments: Matthias Kreye (director) and Marko Lok (director)
All 22 events

Comparable companies

These companies have the same main activity as ASPEL V.G. PLASTICS: manufacture of rubber and plastic products (NACE 22240). They are comparable in size and age: total assets between €1.9m and €5.7m, founded between 1978 and 2000.

CompanyTotal assetsGross margin
ASPEL V.G. PLASTICS Beringen€3.7m€0.9m
V.R.I. Couvin€3.1m€1.2m
Durama Tielt€2.3m€1.0m
CO-JOINT Liège€1.9m€0.8m
MENUISOL Namur€3.7m€1.2m
LECLUYSE Kortemark€5.6m€1.6m
MATGECO Nivelles€5.7m€1.3m
Full comparison

Key facts about ASPEL V.G. PLASTICS

What is the company number of ASPEL V.G. PLASTICS?
The company number of ASPEL V.G. PLASTICS is 0434.851.097. The VAT number is the same number with BE in front: BE 0434.851.097.
Where is ASPEL V.G. PLASTICS based?
The registered office is at Buntjesstraat 11, 3583 Beringen.Company details
What does ASPEL V.G. PLASTICS do?
According to the KBO register, the main activity is manufacture of rubber and plastic products (NACE 22240).
What is the legal form of ASPEL V.G. PLASTICS?
The legal form of ASPEL V.G. PLASTICS is Public limited company (NV).
When was ASPEL V.G. PLASTICS founded?
ASPEL V.G. PLASTICS was founded on 15-07-1988.
Is ASPEL V.G. PLASTICS still active?
Yes, ASPEL V.G. PLASTICS is an active enterprise in the KBO register.
How many employees does ASPEL V.G. PLASTICS have?
ASPEL V.G. PLASTICS had an average of 7.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does ASPEL V.G. PLASTICS fall under?
In its 2021 annual accounts, ASPEL V.G. PLASTICS states joint committees 207 (Paritair Comité voor de bedienden uit de scheikundige nijverheid) and 116 (Paritair Comité voor de scheikundige nijverheid).
What is the turnover of ASPEL V.G. PLASTICS?
The turnover of ASPEL V.G. PLASTICS was €2.1m in financial year 2025, according to the filed annual accounts.
Is ASPEL V.G. PLASTICS profitable?
In financial year 2025, ASPEL V.G. PLASTICS made a profit of €377,144.
Where can I find the annual accounts of ASPEL V.G. PLASTICS?
ASPEL V.G. PLASTICS filed 39 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ASPEL V.G. PLASTICS due?
ASPEL V.G. PLASTICS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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