DELUPLAST

Active

Private limited companyfounded 200719 yrs activeBospad 5, 2450 Meerhout, BelgiumKBO/BCE: BE 0887.656.106

DELUPLAST has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €75k and a net result of €-215k. Equity is growing by ~6.9% per year across the filed fiscal years. Its solvency ranks better than 15% of 7684 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

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Checked score

Score 2025

22 / 100

Critical▼ -31 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability0=

Solvency21▼-42

Growth32▼-20

Stability100

Bankruptcy probability, 12 months

1.0% Low

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity tight (current ratio 1.03 against 1.42 in 2024), and 86.3% of the assets are financed with debt.

How do we compute the score and the probability?

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

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 43

Relative position

BE, all sectors

reference

Sector 43

higher

← fewer bankruptcies more bankruptcies →

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

13.7%

Return on assets

-39.6%

Age of the figures

8 mo

Persistent losses

Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.

NBB · annual accounts 2025

Net result per financial year

1819202122232425

2018 to 2025 · latest year -€215k

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 7684 sector peers (2025).

NBB · sector comparison

Position among 7684 sector peers

Solvency

better than 15%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-07-2026, 29 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

29 d early

2024

72 d early

2023

36 d early

2022

175 d early

2021

27 d early

2020

32 d early

2019

9 d early

← before the deadline after the deadline →

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 months

Position in the running window

13-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity

€75k▼ 74.2%

2024 · €290k

2018: €175k 2019: €268k 2020: €223k 2021: €236k 2022: €368k 2023: €647k 2024: €290k

2018 → 2025

Total assets

€545k▼ 35.1%

2024 · €840k

2018: €1.02M 2019: €1.03M 2020: €992k 2021: €1.18M 2022: €1.02M 2023: €1.12M 2024: €840k

2018 → 2025

Net result

€-215k▼ 1,158%

2024 · €-17k

2018: €40k 2019: €93k 2020: €27k 2021: €146k 2022: €132k 2023: €279k 2024: €-17k

2018 → 2025

Working capital

€12k▼ 93.8%

2024 · €193k

2018: €219k 2019: €333k 2020: €288k 2021: €176k 2022: €349k 2023: €590k 2024: €193k

2018 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€236k-€368k▲ 55.7%€647k▲ 76.0%€290k▼ 55.2%€75k▼ 74.2%

Operating result€207k-€184k▼ 10.9%€372k▲ 102%€-9k€-201k▼ 2,109%

Net result€146k-€132k▼ 9.6%€279k▲ 112%€-17k€-215k▼ 1,158%

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 €201k in 2025 against €9k in 2024; the loss grows and 2025 is the lowest year so far.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €545k

24.9%

75.1%

Fixed assets €135k▼ 27.1%

Current assets €409k▼ 37.4%

Equity and liabilities €545k

13.7%

86.3%

Equity €75k▼ 74.2%

Debt €470k▼ 14.5%

The debt ratio rises from 65.4% to 86.3%: equity shrinks faster than debt is paid down.

Key figures and ratios

2025 value · change against 2024

EBITDA

€-147k▼

2024 · €41k

Cash flow

€-161k▼

2024 · €33k

Solvency

13.7%▼

2024 · 34.6%

Current ratio

1.03▼

2024 · 1.42

Quick ratio

0.91▼

2024 · 1.31

Debt / equity

6.29▲

2024 · 1.89

ROE

-288.2%▼

2024 · -5.9%

ROA

-39.6%▼

2024 · -2.0%

Interest coverage

-7.96▼

2024 · 1.93

Debt

€470k▼

2024 · €550k

Debt ≤ 1 year

€397k▼

2024 · €461k

Debt > 1 year

€30k▼

2024 · €89k

Income taxes

€1k▼

2024 · €2k

Staff costs

€427k▲

2024 · €378k

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€840k€545k▼

Fixed assets21/28€186k€135k▼

Tangible fixed assets22/27€183k€133k▼

Plant, machinery and equipment23€64k€58k▼

Furniture and vehicles24€119k€75k▼

Financial fixed assets28€3k€3k=

Current assets29/58€654k€409k▼

Amounts receivable after more than one year29€0-

Other amounts receivable291€0-

Stocks and contracts in progress3€52k€49k▼

Stocks30/36€47k€40k▼

Contracts in progress37€5k€9k▲

Amounts receivable within one year40/41€463k€314k▼

Trade receivables40€95k€91k▼

Other amounts receivable41€368k€224k▼

Cash at bank and in hand54/58€123k€38k▼

Deferred charges and accrued income490/1€16k€8k▼

Equity and liabilities

Total equity and liabilities10/49€840k€545k▼

Equity10/15€290k€75k▼

Contributions10/11€6k€6k=

Reserves13€284k€169k▼

Distributable reserves133€284k€169k▼

Profit (loss) carried forward14€0€-100k▼

Amounts payable17/49€550k€470k▼

Amounts payable after more than one year17€89k€30k▼

Financial debts170/4€89k€30k▼

Amounts payable within one year42/48€461k€397k▼

Current portion of amounts payable after more than one year42€59k€59k▼

Financial debts43€232k€224k▼

Credit institutions430/8€232k€224k▼

Trade debts44€142k€76k▼

Suppliers440/4€142k€76k▼

Taxes, remuneration and social security45€27k€30k▲

Taxes450/3€0-

Remuneration and social security454/9€27k€30k▲

Other amounts payable47/48€855€9k▲

Accrued charges and deferred income492/3-€42k

Income statement Code20242025

Non-recurring operating income76A€0-

Remuneration, social security and pensions62€378k€427k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€51k€54k▲

Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-8k€0▲

Other operating charges640/8€9k€5k▼

Gross operating margin9900€421k€285k▼

Operating profit (loss)9901€-9k€-201k▼

Financial income75/76B€15k€6k▼

Recurring financial income75€15k€6k▼

Financial charges65/66B€21k€18k▼

Recurring financial charges65€21k€18k▼

Profit (loss) for the period before taxes9903€-16k€-214k▼

Income taxes67/77€2k€1k▼

Profit (loss) for the period9904€-17k€-215k▼

Profit (loss) for the period to be appropriated9905€-17k€-215k▼

Appropriation of the result

Profit (loss) to be appropriated9906€-17k€-215k▼

Transfer from equity791/2€357k€115k▼

Transfer to equity691/2€0-

To other reserves6921€0-

Profit to be distributed694/7€340k€0▼

Return on contributions (dividend)694€340k€0▼

Social balance

Average headcount (FTE)90875.26.4▲

The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 14Financial 4Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

02-07

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema

2025

31-12

Financial Weakest financial yearnet €-215k

Net result drops to €-215k, the lowest in the series.

20-05

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema

2024

25-06

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema

2023

31-12

Financial Highest result since 2018net €279k ▲112%

Operating result €372k, net result €279k, both a record.

31-12

Financial Equity above €500kEq €647k ▲76%

6 profitable years in a row build equity to €647k.

06-02

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema

2022

04-07

NBB filing Annual accounts filed

fiscal year 2021 · abbreviated schema

2021

29-06

NBB filing Annual accounts filed

fiscal year 2020 · abbreviated schema

2020

22-07

NBB filing Annual accounts filed

fiscal year 2019 · abbreviated schema

2019

31-12

Financial Equity above €200kEq €268k ▲53.4%

2 profitable years in a row build equity to €268k.

15-07

NBB filing Annual accounts filed

fiscal year 2018 · abbreviated schema

2018

28-06

NBB filing Annual accounts filed

fiscal year 2017 · abbreviated schema

2017

27-07

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

3 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, Meerhout · 1 establishment unit since 2007

establishment The establishment unit on the map

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.

Bospad 52450 Meerhout

Ground area

5,689 m²

Building footprint

1,899 m²

Volume, LiDAR

12,731 m³

Parcel 13021A1447/00F000, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

Deluplast

Bospad 5, 2450 MeerhoutNACE 45421

since 20072.160.281.357

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
13021A1447/00F000	Flanders	5,689 m²	1 · 1,899 m²	7.5 m · 2 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

2025 · 1 entry · 750 EUR awarded · 750 EUR paid

Year	Entries	awarded	paid
2025	1	750 EUR	750 EUR

Schemes

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

1 entry · 750 EUR · 750 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Sint-Genesius-Rode · Eq €75k

Of 19,948 companies in sector 43320 we hold annual accounts for 9,082. 7,613 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded02-03-2007

Fiscal year end31-12

Activities, NACEBEL

43320Joinery installation

45421

45422

Sources

Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers

Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.