Skip to content

DECEUNINCK

Active
Public limited companyfounded 1941active for 84 yearsBruggesteenweg 360, 8830 Hooglede, BelgiumKBO/BCE: BE 0405.548.486
Summary

DECEUNINCK has been active since 1941 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €206.5m and a net result of €17.4m. Equity remains stable across the filed financial years (±2.4% per year). Its solvency ranks better than 44% of 227 sector peers (NACE 22, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Financials · financial year 2025, full format, standalone accounts

Turnover
€217.4m▼ 5.4%
2024 · €229.7m
EBIT margin
2.0%▲ 2.6pp
2024 · -0.6%
Net result
€17.4m▼ 36.5%
2024 · €27.4m
Working capital
-€59.1m▼ 84.1%
2024 · -€32.1m
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result returns to profit in 2025: €4.2m after a loss of €1.4m in 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Turnover€217.4m 2025 Operating result€4.2m 2025 Net result€17.4m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 22, Manufacture of rubber and plastic products: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. 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 financial year before
favourable unfavourable
Line20182019202020212022202320242025
Turnover€163.2m-€164.8m▲ 0.9%€170.9m▲ 3.7%€240.8m▲ 40.9%€281.8m▲ 17.0%€253.4m▼ 10.1%€229.7m▼ 9.4%€217.4m▼ 5.4%
Operating result-€3.6m--€17.5m▼ 385%€11.9m€7.7m▼ 35.4%-€3.9m-€28.1m▼ 625%-€1.4m▲ 95.0%€4.2m
Net result€75.2m--€20.3m-€1.5mbelow the sector's middle half▲ 92.4%€6.9mabove the sector's middle half€14.2mabove the sector's middle half▲ 106%-€28.0mbelow the sector's middle half€27.4mabove the sector's middle half€17.4mabove the sector's middle half▼ 36.5%
EBIT margin-2.2%--10.6%▼ 8.4pp6.9%▲ 17.6pp3.2%▼ 3.8pp-1.4%▼ 4.6pp-11.1%▼ 9.7pp-0.6%▲ 10.5pp2.0%▲ 2.6pp
Equity€246.2m-€226.1m▼ 8.2%€217.8mabove the sector's middle half▼ 3.7%€218.8mabove the sector's middle half▲ 0.5%€223.6mabove the sector's middle half▲ 2.2%€185.3mabove the sector's middle half▼ 17.1%€201.6mabove the sector's middle half▲ 8.8%€206.5mabove the sector's middle half▲ 2.4%
Total assets€413.7m-€419.8m▲ 1.5%€424.7mabove the sector's middle half▲ 1.2%€426.3mabove the sector's middle half▲ 0.4%€444.1mabove the sector's middle half▲ 4.2%€447.6mabove the sector's middle half▲ 0.8%€445.8mabove the sector's middle half▼ 0.4%€459.7mabove the sector's middle half▲ 3.1%
Debt€165.0m-€192.1m▲ 16.4%€206.0m▲ 7.3%€206.7m▲ 0.3%€219.7m▲ 6.3%€260.5m▲ 18.6%€242.6m▼ 6.8%€251.8m▲ 3.8%
Working capital€33.6m-€10.7m▼ 68.2%€12.9mabove the sector's middle half▲ 20.2%-€77.4mbelow the sector's middle half€20.7mabove the sector's middle half-€47.5mbelow the sector's middle half-€32.1mbelow the sector's middle half▲ 32.4%-€59.1mbelow the sector's middle half▼ 84.1%
Solvency59.5%-53.8%▼ 5.7pp51.3%within the sector's middle half▼ 2.6pp51.3%within the sector's middle half=50.4%within the sector's middle half▼ 1.0pp41.4%within the sector's middle half▼ 9.0pp45.2%within the sector's middle half▲ 3.8pp44.9%within the sector's middle half▼ 0.3pp
Current ratio1.53-1.12▼ 0.411.12below the sector's middle half▲ 0.010.62below the sector's middle half▼ 0.501.19within the sector's middle half▲ 0.570.72below the sector's middle half▼ 0.480.80below the sector's middle half▲ 0.080.66below the sector's middle half▼ 0.13
Return on assets (ROA)18.2%--4.8%▼ 23.0pp-0.4%below the sector's middle half▲ 4.5pp1.6%within the sector's middle half▲ 2.0pp3.2%within the sector's middle half▲ 1.6pp-6.2%below the sector's middle half▼ 9.4pp6.1%within the sector's middle half▲ 12.4pp3.8%within the sector's middle half▼ 2.4pp
Staff (FTE)613.1-617.6▲ 0.7%623.5above the sector's middle half▲ 1.0%632.5above the sector's middle half▲ 1.4%700.3above the sector's middle half▲ 10.7%694.1above the sector's middle half▼ 0.9%670.8above the sector's middle half▼ 3.4%655.7above the sector's middle half▼ 2.3%
above within below the middle half of NACE 22, Manufacture of rubber and plastic products: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €459.7m
Fixed assets €342.4m ▲ 7.7%
Current assets €117.3m ▼ 8.3%
Equity and liabilities €459.7m
Equity €206.5m ▲ 2.4%
Provisions €1.4m ▼ 13.6%
Debt €251.8m ▲ 3.8%
Debt's share of the balance-sheet total rises from 54.4% to 54.8%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€11.6m▲
2024 · €6.2m
Cash flow
€24.8m▼
2024 · €35.0m
Quick ratio
0.49▼
2024 · 0.60
Debt to equity
1.22▲
2024 · 1.20
ROE
8.4%▼
2024 · 13.6%
Interest coverage
1.73▲
2024 · 0.71
Debt ≤ 1 year
€176.4m▲
2024 · €160.0m
Debt > 1 year
€73.1m▼
2024 · €81.3m
Income taxes
€657,967▲
2024 · €228,879
Staff costs
€54.1m=
2024 · €54.2m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 107 lines
Balance sheet Code20242025
Assets
Total assets20/58€445.8m€459.7m▲
Fixed assets21/28€317.9m€342.4m▲
Intangible fixed assets21€0.8m€0.6m▼
Tangible fixed assets22/27€47.7m€48.5m▲
Land and buildings22€13.3m€14.6m▲
Plant, machinery and equipment23€26.5m€26.2m▼
Furniture and vehicles24€1.6m€2.2m▲
Assets under construction and advance payments27€6.2m€5.4m▼
Financial fixed assets28€269.4m€293.3m▲
Affiliated companies280/1€269.4m€292.4m▲
Participating interests280€205.9m€235.3m▲
Amounts receivable281€63.4m€57.2m▼
Other financial fixed assets284/8€0.06m€0.9m▲
Shares284€0.003m€0.003m=
Amounts receivable and cash guarantees285/8€0.06m€0.9m▲
Current assets29/58€127.9m€117.3m▼
Stocks and contracts in progress3€31.3m€30.1m▼
Stocks30/36€31.3m€30.1m▼
Raw materials and consumables30/31€11.7m€11.1m▼
Work in progress32€1.3m€1.6m▲
Finished goods33€9.7m€9.0m▼
Goods purchased for resale34€8.5m€8.3m▼
Amounts receivable within one year40/41€78.6m€77.1m▼
Trade receivables40€39.8m€45.6m▲
Other amounts receivable41€38.8m€31.6m▼
Current investments50/53€9.2m€0.7m▼
Own shares50€1.2m€0.7m▼
Other investments51/53€8.0m-
Cash at bank and in hand54/58€4.1m€2.4m▼
Deferred charges and accrued income490/1€4.7m€7.0m▲
Equity and liabilities
Total equity and liabilities10/49€445.8m€459.7m▲
Equity10/15€201.6m€206.5m▲
Contributions10/11€149.9m€149.9m=
Capital10€54.6m€54.6m=
Issued capital100€54.6m€54.6m=
Contributions outside capital11€95.3m€95.3m=
Share premium1100/10€95.3m€95.3m=
Reserves13€15.5m€15.5m=
Non-distributable reserves130/1€6.8m€6.3m▼
Legal reserve130€5.5m€5.5m=
Own shares acquired1312€1.2m€0.7m▼
Other1319€0.1m€0.1m=
Tax-exempt reserves132€1.5m€1.5m=
Distributable reserves133€7.2m€7.7m▲
Profit (loss) carried forward14€36.1m€41.1m▲
Provisions and deferred taxes16€1.6m€1.4m▼
Provisions for liabilities and charges160/5€1.6m€1.4m▼
Pensions and similar obligations160€0.07m€0.06m▼
Other liabilities and charges164/5€1.5m€1.3m▼
Amounts payable17/49€242.6m€251.8m▲
Amounts payable after more than one year17€81.3m€73.1m▼
Financial debts170/4€81.3m€73.1m▼
Credit institutions173€81.3m€73.1m▼
Amounts payable within one year42/48€160.0m€176.4m▲
Current portion of amounts payable after more than one year42€0.1m€0.1m▲
Financial debts43€0.7m€20.0m▲
Credit institutions430/8-€19.3m
Other loans439€0.7m€0.6m▼
Trade debts44€37.6m€31.5m▼
Suppliers440/4€37.6m€31.5m▼
Taxes, remuneration and social security45€9.2m€9.7m▲
Taxes450/3€1.5m€1.6m▲
Remuneration and social security454/9€7.7m€8.1m▲
Other amounts payable47/48€112.4m€115.1m▲
Accrued charges and deferred income492/3€1.3m€2.2m▲
Income statement Code20242025
Operating income70/76A€252.7m€239.1m▼
Turnover70€229.7m€217.4m▼
Change in stocks of work in progress, finished goods and contracts in progress71-€0.4m-€0.8m▼
Own construction capitalised72€0.7m€1.0m▲
Other operating income74€22.1m€21.4m▼
Non-recurring operating income76A€0.6m€0.1m▼
Operating charges60/66A€254.1m€234.9m▼
Goods for resale, raw materials and consumables60€131.1m€116.5m▼
Purchases600/8€129.5m€115.7m▼
Change in stocks: decrease (increase)609€1.6m€0.8m▼
Services and other goods61€55.4m€55.3m▼
Remuneration, social security and pensions62€54.2m€54.1m=
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7.6m€7.4m▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€0.6m-€0.4m▲
Provisions for liabilities and charges: additions (uses and reversals)635/8-€0.3m-€0.2m▲
Other operating charges640/8€6.6m€2.1m▼
Non-recurring operating charges66A€0.04m€0.1m▲
Operating profit (loss)9901-€1.4m€4.2m▲
Financial income75/76B€45.1m€25.4m▼
Recurring financial income75€40.1m€25.4m▼
Income from financial fixed assets750€34.7m€19.9m▼
Income from current assets751€1.4m€0.2m▼
Other financial income752/9€4.1m€5.3m▲
Non-recurring financial income76B€4.9m-
Financial charges65/66B€16.1m€11.6m▼
Recurring financial charges65€16.1m€11.6m▼
Debt charges650€8.8m€6.7m▼
Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651€0.4m€0.2m▼
Other financial charges652/9€6.8m€4.7m▼
Profit (loss) for the period before taxes9903€27.6m€18.0m▼
Income taxes67/77€0.2m€0.7m▲
Taxes670/3€0.5m€0.7m▲
Tax adjustments and reversals of tax provisions77€0.2m€0.08m▼
Profit (loss) for the period9904€27.4m€17.4m▼
Profit (loss) for the period to be appropriated9905€27.4m€17.4m▼
Appropriation of the result
Profit (loss) to be appropriated9906€47.2m€53.5m▲
Profit (loss) brought forward from the previous period14P€19.8m€36.1m▲
Transfer to equity691/2€0.01m-
To the legal reserve6920€0.01m-
Profit to be distributed694/7€11.0m€12.4m▲
Return on contributions (dividend)694€11.0m€12.4m▲
Social balance sheet
Average headcount (FTE)9087670.8655.7▼

The notes to these accounts (119 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Operating income70/76A---€267.8m€302.9m€273.1m€252.7m€239.1m▼ 5.4%
Turnover70€163.2m€164.8m€170.9m€240.8m€281.8m€253.4m€229.7m€217.4m▼ 5.4%
Change in stocks of work in progress, finished goods and contracts in progress71---€3.8m-€1.3m-€2.4m-€0.4m-€0.8m▼ 103%
Own construction capitalised72---€1.1m€1.0m€1.1m€0.7m€1.0m▲ 54.2%
Other operating income74---€21.7m€20.9m€20.7m€22.1m€21.4m▼ 3.2%
Non-recurring operating income76A---€0.4m€0.4m€0.3m€0.6m€0.1m▼ 74.3%
Operating charges60/66A---€260.1m€306.7m€301.3m€254.1m€234.9m▼ 7.6%
Goods for resale, raw materials and consumables60---€150.7m€186.8m€158.8m€131.1m€116.5m▼ 11.1%
Purchases600/8---€158.0m€193.4m€150.5m€129.5m€115.7m▼ 10.6%
Change in stocks: decrease (increase)609----€7.3m-€6.6m€8.4m€1.6m€0.8m▼ 53.2%
Services and other goods61---€52.6m€55.8m€63.2m€55.4m€55.3m▼ 0.2%
Remuneration, social security and pensions62---€44.5m€51.3m€54.3m€54.2m€54.1m=
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9.9m€13.6m€12.8m€10.3m€9.5m€7.5m€7.6m€7.4m▼ 3.1%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4----€0.2m€0.2m-€0.3m-€0.6m-€0.4m▲ 33.4%
Provisions for liabilities and charges: additions (uses and reversals)635/8----€0.09m-€0.02m€1.1m-€0.3m-€0.2m▲ 20.8%
Other operating charges640/8---€2.5m€3.1m€3.9m€6.6m€2.1m▼ 69.0%
Non-recurring operating charges66A---€0.01m€0.06m€12.7m€0.04m€0.1m▲ 224%
Operating profit (loss)9901-€3.6m-€17.5m€11.9m€7.7m-€3.9m-€28.1m-€1.4m€4.2m-
Financial income75/76B---€9.8m€52.6m€30.8m€45.1m€25.4m▼ 43.6%
Recurring financial income75€106.3m€12.7m€34.4m€9.4m€51.6m€30.8m€40.1m€25.4m▼ 36.7%
Income from financial fixed assets750---€6.0m€47.1m€28.0m€34.7m€19.9m▼ 42.8%
Income from current assets751---€0.001m€0.002m€0.9m€1.4m€0.2m▼ 85.8%
Other financial income752/9---€3.4m€4.5m€2.0m€4.1m€5.3m▲ 31.5%
Non-recurring financial income76B---€0.5m€1.1m-€4.9m--
Financial charges65/66B---€10.3m€34.6m€30.6m€16.1m€11.6m▼ 27.6%
Recurring financial charges65€6.5m€8.5m€7.8m€9.8m€11.8m€13.8m€16.1m€11.6m▼ 27.6%
Debt charges650€4.4m€4.7m€4.6m€4.3m€5.3m€8.1m€8.8m€6.7m▼ 23.5%
Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651-----€0.004m€1.3m€0.4m€0.2m▼ 62.4%
Other financial charges652/9---€5.5m€6.5m€4.4m€6.8m€4.7m▼ 30.7%
Non-recurring financial charges66B---€0.6m€22.8m€16.8m---
Profit (loss) for the period before taxes9903€75.6m-€19.6m-€0.9m€7.2m€14.2m-€27.9m€27.6m€18.0m▼ 34.7%
Income taxes67/77€0.4m€0.6m€0.7m€0.3m-€0.004m€0.08m€0.2m€0.7m▲ 187%
Taxes670/3---€0.6m€0.03m€0.1m€0.5m€0.7m▲ 57.9%
Tax adjustments and reversals of tax provisions77---€0.4m€0.03m€0.06m€0.2m€0.08m▼ 66.4%
Profit (loss) for the period9904€75.2m-€20.3m-€1.5m€6.9m€14.2m-€28.0m€27.4m€17.4m▼ 36.5%
Profit (loss) for the period to be appropriated9905€75.2m-€20.3m-€1.5m€6.9m€14.2m-€28.0m€27.4m€17.4m▼ 36.5%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€413.7m€419.8m€424.7m€426.3m€444.1m€447.6m€445.8m€459.7m▲ 3.1%
Formation expenses20€0€0€0------
Fixed assets21/28€316.2m€318.4m€307.3m€298.1m€317.4m€325.6m€317.9m€342.4m▲ 7.7%
Intangible fixed assets21€5.1m€4.3m€3.1m€2.3m€1.6m€1.1m€0.8m€0.6m▼ 23.8%
Tangible fixed assets22/27€46.5m€46.4m€31.9m€31.4m€37.3m€43.7m€47.7m€48.5m▲ 1.7%
Land and buildings22---€9.8m€12.0m€12.6m€13.3m€14.6m▲ 9.6%
Plant, machinery and equipment23---€16.1m€17.7m€20.9m€26.5m€26.2m▼ 1.0%
Furniture and vehicles24---€0.4m€0.8m€1.2m€1.6m€2.2m▲ 37.0%
Assets under construction and advance payments27---€5.1m€6.8m€9.0m€6.2m€5.4m▼ 13.0%
Financial fixed assets28€264.6m€267.7m€272.2m€264.4m€278.5m€280.8m€269.4m€293.3m▲ 8.9%
Affiliated companies280/1---€264.3m€278.5m€280.7m€269.4m€292.4m▲ 8.6%
Participating interests280---€210.5m€219.7m€206.6m€205.9m€235.3m▲ 14.2%
Amounts receivable281---€53.8m€58.8m€74.2m€63.4m€57.2m▼ 9.9%
Other financial fixed assets284/8---€0.04m€0.05m€0.05m€0.06m€0.9m▲ 1,394%
Shares284---€0.005m€0.005m€0.003m€0.003m€0.003m=
Amounts receivable and cash guarantees285/8---€0.04m€0.04m€0.05m€0.06m€0.9m▲ 1,470%
Current assets29/58€97.5m€101.4m€117.4m€128.2m€126.7m€122.0m€127.9m€117.3m▼ 8.3%
Stocks and contracts in progress3€25.4m€24.8m€27.5m€38.3m€43.5m€32.8m€31.3m€30.1m▼ 3.9%
Stocks30/36---€38.3m€43.5m€32.8m€31.3m€30.1m▼ 3.9%
Raw materials and consumables30/31---€14.2m€20.0m€13.3m€11.7m€11.1m▼ 5.4%
Work in progress32---€0.5m€1.1m€0.7m€1.3m€1.6m▲ 24.0%
Finished goods33---€13.5m€12.2m€10.5m€9.7m€9.0m▼ 7.8%
Goods purchased for resale34---€10.0m€10.2m€8.3m€8.5m€8.3m▼ 1.6%
Amounts receivable within one year40/41€65.5m€68.7m€59.8m€77.9m€67.8m€70.2m€78.6m€77.1m▼ 1.9%
Trade receivables40---€48.6m€41.5m€42.6m€39.8m€45.6m▲ 14.7%
Other amounts receivable41---€29.3m€26.3m€27.6m€38.8m€31.6m▼ 18.8%
Current investments50/53€0.08m€0.08m€0.08m€0.08m€0.08m€0.2m€9.2m€0.7m▼ 92.0%
Own shares50---€0.08m€0.08m€0.2m€1.2m€0.7m▼ 39.7%
Other investments51/53------€8.0m--
Cash at bank and in hand54/58€1.8m€1.4m€25.1m€8.1m€9.2m€15.4m€4.1m€2.4m▼ 41.8%
Deferred charges and accrued income490/1---€3.8m€6.2m€3.4m€4.7m€7.0m▲ 48.2%
Equity and liabilities
Total equity and liabilities10/49€413.7m€419.8m€424.7m€426.3m€444.1m€447.6m€445.8m€459.7m▲ 3.1%
Equity10/15€246.2m€226.1m€217.8m€218.8m€223.6m€185.3m€201.6m€206.5m▲ 2.4%
Contributions10/11€53.9m€53.9m€54.0m€148.9m€149.3m€149.9m€149.9m€149.9m=
Capital10---€54.4m€54.5m€54.6m€54.6m€54.6m=
Issued capital100---€54.4m€54.5m€54.6m€54.6m€54.6m=
Contributions outside capital11---€94.5m€94.7m€95.3m€95.3m€95.3m=
Share premium1100/10---€94.5m€94.7m€95.3m€95.3m€95.3m=
Reserves13€15.5m€15.5m€15.5m€15.5m€15.5m€15.5m€15.5m€15.5m=
Non-distributable reserves130/1---€5.7m€5.7m€5.8m€6.8m€6.3m▼ 7.1%
Legal reserve130---€5.4m€5.5m€5.5m€5.5m€5.5m=
Own shares acquired1312---€0.08m€0.08m€0.2m€1.2m€0.7m▼ 39.7%
Other1319---€0.1m€0.1m€0.1m€0.1m€0.1m=
Tax-exempt reserves132---€1.5m€1.5m€1.5m€1.5m€1.5m=
Distributable reserves133---€8.4m€8.4m€8.2m€7.2m€7.7m▲ 6.7%
Profit (loss) carried forward14€84.4m€64.1m€55.8m€54.3m€58.8m€19.8m€36.1m€41.1m▲ 13.6%
Provisions and deferred taxes16€2.4m€1.7m€0.9m€0.8m€0.8m€1.9m€1.6m€1.4m▼ 13.6%
Provisions for liabilities and charges160/5---€0.8m€0.8m€1.9m€1.6m€1.4m▼ 13.6%
Pensions and similar obligations160---€0.3m€0.2m€0.09m€0.07m€0.06m▼ 20.1%
Other liabilities and charges164/5---€0.5m€0.6m€1.8m€1.5m€1.3m▼ 13.3%
Amounts payable17/49€165.0m€192.1m€206.0m€206.7m€219.7m€260.5m€242.6m€251.8m▲ 3.8%
Amounts payable after more than one year17€100.0m€100.0m€100.0m-€112.0m€86.4m€81.3m€73.1m▼ 10.0%
Financial debts170/4----€112.0m€86.4m€81.3m€73.1m▼ 10.0%
Credit institutions173----€112.0m€86.4m€81.3m€73.1m▼ 10.0%
Amounts payable within one year42/48€63.9m€90.7m€104.5m€205.6m€106.0m€169.5m€160.0m€176.4m▲ 10.2%
Current portion of amounts payable after more than one year42---€100.0m-€0.1m€0.1m€0.1m▲ 4.2%
Financial debts43---€3.4m€8.8m€7.6m€0.7m€20.0m▲ 2,778%
Credit institutions430/8---€2.9m€8.3m€0.01m-€19.3m-
Other loans439---€0.5m€0.5m€7.5m€0.7m€0.6m▼ 10.5%
Trade debts44€28.4m€39.5m€36.6m€51.4m€47.3m€65.1m€37.6m€31.5m▼ 16.3%
Suppliers440/4---€51.4m€47.3m€65.1m€37.6m€31.5m▼ 16.3%
Taxes, remuneration and social security45---€8.1m€8.1m€10.7m€9.2m€9.7m▲ 5.4%
Taxes450/3---€1.3m€1.3m€2.3m€1.5m€1.6m▲ 5.5%
Remuneration and social security454/9---€6.8m€6.8m€8.4m€7.7m€8.1m▲ 5.4%
Other amounts payable47/48---€42.7m€41.8m€86.0m€112.4m€115.1m▲ 2.5%
Accrued charges and deferred income492/3---€1.1m€1.7m€4.5m€1.3m€2.2m▲ 65.8%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€75.2m-€20.3m-€1.5m€6.9m€14.2m-€28.0m€27.4m€17.4m▼ 36.5%
+ Depreciation and write-downs630€9.9m€13.6m€12.8m€10.3m€9.5m€7.5m€7.6m€7.4m▼ 3.1%
Operating cash flow (approximation)€85.1m-€6.6m€11.2m€17.2m€23.7m-€20.5m€35.0m€24.8m▼ 29.3%
Investment in fixed assets (approximation)--€15.9m-€1.7m-€1.0m-€28.8m-€15.7m€0.07m-€31.8m-
Change in cash--€0.4m€23.7m-€17.0m€1.0m€6.2m-€11.3m-€1.7m▲ 84.7%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 75 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 full format 11-05-2026 2026-00109599
31-12-2025 consolidated 11-05-2026 2026-00109648
31-12-2024 consolidated 05-05-2025 2025-00089249
31-12-2024 full format 30-04-2025 2025-00086741
31-12-2023 consolidated 16-05-2024 2024-00091677
31-12-2023 full format 26-04-2024 2024-00073492
31-12-2022 consolidated 22-05-2023 2023-00094812
31-12-2022 full format 12-05-2023 2023-00087470
31-12-2021 consolidated 18-05-2022 2022-20031160
31-12-2021 full format 17-05-2022 2022-20029285

Show all 75 filings

Similar companies · same sector, comparable size

Of the 363 active companies whose main activity is manufacture of rubber and plastic products (NACE 22210), figures are known for 291. 19 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2022 to 2025 · 23 entries · €1.4m awarded · €863,967 paid
Year Entries AwardedPaid
2025 8 €286,005€262,457
2024 5 €202,082€357,688
2023 6 €718,969€191,302
2022 4 €192,259€52,520
Schemes
4 entries · €641,057 · €401,000 paid · Fonds voor Innoveren en Ondernemen
4 entries · €317,391 · €174,000 paid · Fonds voor Innoveren en Ondernemen
5 entries · €293,900 · €142,000 paid · Fonds voor Innoveren en Ondernemen
4 entries · €50,599 · €50,599 paid · Departement Werk en Sociale Economie
4 entries · €46,368 · €46,368 paid · Departement Werk en Sociale Economie
Show 1 more
1 entry · €25,000 paid · Fonds voor Innoveren en Ondernemen

European Union, budget

2021 · 1 entry · €291,725 in total
Projects
CISUFLO - CIRCULAR SUSTAINABLE FLOOR COVERINGS: THE PROJECT AIMS TO MINIMISE THE SECTOR’S TOTAL ENVIRONMENTAL IMPACT BY FOCUSING ON CIRCULARITY AND SUSTAINABILITY VIA INNOVATIONS.
Horizon Europe · 01-06-2021 to 31-05-2025 · €291,725

European research

2 projects · €649,538 EU contribution
Programmes
2 entries · €649,538
Projects
Removal of Legacy Substances from polyvinylchloride (PVC) via a continuous and sustainable extrusion process
Horizon 2020 · participant · 01-06-2019 to 30-11-2023 · €373,500 · REMADYL
CIrcular SUstainable FLOor coverings
Horizon 2020 · participant · 01-06-2021 to 30-06-2025 · €276,038 · CISUFLO

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.