B4Plastics
ActiveThe computed 12-month bankruptcy probability of B4Plastics is 1.7% (moderate). The 2025 annual accounts show equity of €3.10M and a net result of €-1.94M. Equity is growing by ~66.2% per year across the filed fiscal years. Its solvency ranks better than 58% of 8601 sector peers (fiscal year 2025). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
53
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency86▼-2
Growth52=
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €160k at 30 days acceptable
Liquidity ample (current ratio 2.1 against 3.11 in 2024; short-term debt: 19.2% and cash: 16.1% of total assets), and 39.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · 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
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
60.8%
Return on assets
-38%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-1.94M
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 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 d early
2024
27 d early
2023
36 d early
2022
18 d early
2021
24 d early
2020
110 d early
2019
31 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€3.10M▼ 38.5%
2024 · €5.04M
2018: €147k
2019: €395k
2020: €665k
2021: €410k
2022: €7.50M
2023: €6.21M
2024: €5.04M
2018 → 2025
Total assets
€5.10M▼ 36.0%
2024 · €7.97M
2018: €346k
2019: €751k
2020: €1.95M
2021: €2.63M
2022: €10.33M
2023: €8.28M
2024: €7.97M
2018 → 2025
Net result
€-1.94M▼ 64.9%
2024 · €-1.18M
2018: €111k
2019: €248k
2020: €271k
2021: €-256k
2022: €1.12M
2023: €-1.29M
2024: €-1.18M
2018 → 2025
Working capital
€1.08M▼ 66.4%
2024 · €3.20M
2018: €168k
2019: €381k
2020: €1.10M
2021: €370k
2022: €6.43M
2023: €3.88M
2024: €3.20M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€410k-€7.50M▲ 1,731%€6.21M▼ 17.2%€5.04M▼ 18.9%€3.10M▼ 38.5%
Operating result€-206k-€1.00M€-1.26M€-1.20M▲ 4.4%€-1.88M▼ 55.7%
Net result€-256k-€1.12M€-1.29M€-1.18M▲ 8.6%€-1.94M▼ 64.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1.88M in 2025 against €1.20M in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.10M
Fixed assets
€3.04M▼ 6.4%
Current assets
€2.06M▼ 56.4%
Equity and liabilities €5.10M
Equity
€3.10M▼ 38.5%
Debt
€2.00M▼ 31.8%
The debt ratio rises from 36.8% to 39.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-1.01M▼
2024 · €-418k
Cash flow
€-1.08M▼
2024 · €-390k
Solvency
60.8%▼
2024 · 63.2%
Current ratio
2.10▼
2024 · 3.11
Quick ratio
1.49▼
2024 · 2.64
Debt / equity
0.64▲
2024 · 0.58
ROE
-62.6%▼
2024 · -23.3%
ROA
-38.0%▼
2024 · -14.8%
Interest coverage
-13.89▼
2024 · -6.67
Debt
€2.00M▼
2024 · €2.93M
Debt ≤ 1 year
€981k▼
2024 · €1.52M
Debt > 1 year
€470k▼
2024 · €734k
Income taxes
€-391▼
2024 · €1k
Staff costs
€1.66M▲
2024 · €1.56M
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€7.97M€5.10M▼
Fixed assets21/28€3.25M€3.04M▼
Intangible fixed assets21€814k€1.11M▲
Tangible fixed assets22/27€2.41M€1.91M▼
Land and buildings22€27k€24k▼
Plant, machinery and equipment23€1.40M€1.05M▼
Furniture and vehicles24€40k€20k▼
Leasing and similar rights25€252k€207k▼
Other tangible fixed assets26€406k€322k▼
Assets under construction and advance payments27€287k€287k=
Financial fixed assets28€19k€19k▼
Current assets29/58€4.72M€2.06M▼
Stocks and contracts in progress3€713k€601k▼
Stocks30/36€713k€601k▼
Amounts receivable within one year40/41€2.85M€629k▼
Trade receivables40€2.61M€602k▼
Other amounts receivable41€248k€27k▼
Current investments50/53€500k-
Cash at bank and in hand54/58€636k€819k▲
Deferred charges and accrued income490/1€17k€10k▼
Equity and liabilities
Total equity and liabilities10/49€7.97M€5.10M▼
Equity10/15€5.04M€3.10M▼
Contributions10/11€5.98M€5.98M=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€-943k€-2.88M▼
Amounts payable17/49€2.93M€2.00M▼
Amounts payable after more than one year17€734k€470k▼
Financial debts170/4€734k€470k▼
Amounts payable within one year42/48€1.52M€981k▼
Current portion of amounts payable after more than one year42€495k€274k▼
Trade debts44€324k€294k▼
Suppliers440/4€324k€294k▼
Advances received on contracts in progress46€105k€105k▼
Taxes, remuneration and social security45€591k€296k▼
Taxes450/3€351k€49k▼
Remuneration and social security454/9€240k€247k▲
Other amounts payable47/48€1k€11k▲
Accrued charges and deferred income492/3€681k€548k▼
Income statement
Code20242025
Remuneration, social security and pensions62€1.56M€1.66M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€787k€864k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€4k-
Other operating charges640/8€4k€3k▼
Non-recurring operating charges66A-€15k
Gross operating margin9900€1.15M€662k▼
Operating profit (loss)9901€-1.20M€-1.88M▼
Financial income75/76B€92k€9k▼
Recurring financial income75€91k€7k▼
Non-recurring financial income76B€692€2k▲
Financial charges65/66B€63k€73k▲
Recurring financial charges65€63k€73k▲
Profit (loss) for the period before taxes9903€-1.18M€-1.94M▼
Income taxes67/77€1k€-391▼
Profit (loss) for the period9904€-1.18M€-1.94M▼
Profit (loss) for the period to be appropriated9905€-1.18M€-1.94M▼
Appropriation of the result
Profit (loss) to be appropriated9906€-1.18M€-2.88M▼
Profit (loss) brought forward from the previous period14P-€-943k
Transfer from equity791/2€234k-
Social balance
Average headcount (FTE)908719.120.2▲
The notes to these accounts (23 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-1.94M
Net result drops to €-1.94M, the lowest in the series.
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €1.12M
Net result €1.12M after one loss-making year.
31-12
Financial
Liquidity times 5current ratio 6.73
Current ratio from 1.39 to 6.73.
31-12
Financial
Equity above €5MEq €7.50M ▲1731%
Equity rises from €410k to €7.50M.
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
12-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €500kEq €665k ▲68.7%
3 profitable years in a row build equity to €665k.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
2019
31-12
Financial
Equity above €200kEq €395k ▲169%
2 profitable years in a row build equity to €395k.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 28 days late
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
13-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Dilsen-Stokkem · 5 establishment units since 2014
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.
IQ-Parklaan 2A3650 Dilsen-StokkemGround area
2.2 ha
Building footprint
2,193 m²
Volume, LiDAR
123 m³
5 parcels, Flanders · tallest building 3.9 m, ±1 floor. Linked by address, not a title deed.
5 establishment units
B4PLASTICS
since 20142.226.562.249
B4PLASTICS
since 20242.366.608.671
B4PLASTICS
since 20242.366.618.965
B4PLASTICS
since 20252.372.093.230
B4PLASTICS
since 20252.377.796.335
5 parcels
Flanders
5
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73043B0217/00F002 | Flanders | 1.6 ha | 1 · 7 m² | 3.9 m · 1 fl. |
| 44082B0663/00B000 | Flanders | 4,783 m² | 1 · 1,373 m² | 1.9 m |
| 73043B1401/00F002 | Flanders | 413 m² | 1 · 412 m² | 2.0 m |
| 73043B1401/00W000 | Flanders | 405 m² | - | - |
| 73043B1401/00X000 | Flanders | 400 m² | 1 · 401 m² | 3.6 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 4
5 of 5 parcels 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 · 25 entries · 3,611,080 EUR awarded · 2,053,632 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 9 | 309,355 EUR | 750,568 EUR |
| 2024 | 7 | 1,627,272 EUR | 658,695 EUR |
| 2023 | 4 | 847,536 EUR | 507,733 EUR |
| 2022 | 5 | 826,917 EUR | 136,636 EUR |
Schemes
Onderzoeksproject
Innovatieprojecten in de context van een speerpuntcluster
Baekeland-mandaat
Ontwikkelingsproject
Subsidies voor internationaal ondernemen
Show 2 more
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Werkbaarheidscheque (stopgezet)
European Union, budget
2022 to 2023 · 6 entries · 801,588 EUR in total| Year | Entries | awarded |
|---|---|---|
| 2023 | 1 | 160,300 EUR |
| 2022 | 5 | 641,288 EUR |
Projects
101057971 - REPURPOSE - RECYCLABLE ELASTOMERIC PLASTICS SAFELY AND SUSTAINABLY DESIGNED AND PRODUCED VIA ENZYMATIC RECYCLING OF POST-CONSUMER WASTE STREAMS
101091812 - CUMERI - CUSTOMISED MEMBRANES FOR GREEN AND RESILIENT INDUSTRIES
101135289 - ACTPAC - A COMPLETE TRANSFORMATION PATH FOR C-C BACKBONED PLASTIC WASTES TO HIGH-VALUE CHEMICALS AND MATERIALS
101057971 - REPURPOSE - RECYCLABLE ELASTOMERIC PLASTICS SAFELY AND SUSTAINABLY DESIGNED AND PRODUCED VIA ENZYMATIC RECYCLING OF POST-CONSUMER WASTE STREAMS
101057971 - REPURPOSE - RECYCLABLE ELASTOMERIC PLASTICS SAFELY AND SUSTAINABLY DESIGNED AND PRODUCED VIA ENZYMATIC RECYCLING OF POST-CONSUMER WASTE STREAMS
Show 1 more projects
101057971 - REPURPOSE - RECYCLABLE ELASTOMERIC PLASTICS SAFELY AND SUSTAINABLY DESIGNED AND PRODUCED VIA ENZYMATIC RECYCLING OF POST-CONSUMER WASTE STREAMS
European research
10 projects · 1 as coordinator · 3,743,110 EUR EU contributionProgrammes
h2020
HORIZON
Projects
B4P No-Waste Polymers: Architected for performance, loaded with circularity
Circular solutions for the textile industry
BIOBASED PYRAZINE MONOMERS FROM SECOND GENERATION BIOMASS FOR HIGH PERFORMANCE POLYMERS, COPOLYMERS AND BLENDS
Validation of an industrial process to manufacture isosorbide bis(methyl carbonate) at pilot level
Recyclable Elastomeric Plastics safely and sUstainably designed and produced via enzymatic Recycling of Post-cOnsumer waSte strEams
Show 5 more projects
Training the new generation of industrial doctorates in the transition towards bio-based value circles
Bio-based copolymers for membrane end products for gas separations
Selective Modifications of ARomatics through Biocatalytic Oxidations
Customised membranes for green and resilient industries
A Complete Transformation PAth for C-C backboned plastic wastes to high-value Chemicals and materials
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Of 602 companies in sector 22260 we hold annual accounts for 282. 169 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-01-2014
Fiscal year end31-12
Activities, NACEBEL
22260Manufacture of rubber and plastic products
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.