Duplast
ActiveSummary
Duplast has been active since 1971 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.3m and a net result of €186,302. Equity is growing by ~22.4% per year across the filed fiscal years. Its solvency ranks better than 85% of 8190 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability50▼-23
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €250,000 at 30 days acceptable
Liquidity ample (current ratio 5.77 against 6.49 in 2024; short-term debt: 16.3% and cash: 23.3% of total assets), and 18.7% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four 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
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
81.3%
Return on assets
4.5%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 12-05-2026, 80 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
80 d early
2024
31 d early
2023
3 d early
2022
103 d early
2021
3 d early
2020
1 d early
2019
41 d late
← 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 26 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% 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 30 June (4 of the last 5 filed years within 49 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€3.3m▼ 26.8%
2024 · €4.6m
Total assets
€4.1m▼ 23.9%
2024 · €5.4m
Net result
€186,302▼ 57.4%
2024 · €436,923
Working capital
€3.2m▼ 26.7%
2024 · €4.3m
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 46, Wholesale trade, 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€928,025▲ 27.8%€1.3m▲ 39.3%€1.2m▼ 9.8%€640,704▼ 45.0%€263,088▼ 58.9%
Net result€596,001above the sector's middle half▲ 28.7%€941,845above the sector's middle half▲ 58.0%€971,219above the sector's middle half▲ 3.1%€436,923above the sector's middle half▼ 55.0%€186,302above the sector's middle half▼ 57.4%
Equity€2.7mabove the sector's middle half▲ 22.5%€3.6mabove the sector's middle half▲ 35.3%€4.3mabove the sector's middle half▲ 19.6%€4.6mabove the sector's middle half▲ 5.6%€3.3mabove the sector's middle half▼ 26.8%
Total assets€3.7mabove the sector's middle half▲ 5.0%€5.1mabove the sector's middle half▲ 39.3%€5.1mabove the sector's middle half▼ 0.7%€5.4mabove the sector's middle half▲ 6.1%€4.1mabove the sector's middle half▼ 23.9%
Debt€1.0m▼ 23.8%€1.5m▲ 49.9%€767,853▼ 49.3%€837,959▲ 9.1%€769,419▼ 8.2%
Working capital€2.5mabove the sector's middle half▲ 26.3%€3.5mabove the sector's middle half▲ 38.9%€4.1mabove the sector's middle half▲ 17.6%€4.3mabove the sector's middle half▲ 5.5%€3.2mabove the sector's middle half▼ 26.7%
Solvency72.5%above the sector's middle half▲ 10.4pp70.5%above the sector's middle half▼ 2.1pp84.9%above the sector's middle half▲ 14.4pp84.5%above the sector's middle half▼ 0.4pp81.3%above the sector's middle half▼ 3.2pp
Current ratio3.60above the sector's middle half▲ 1.043.37above the sector's middle half▼ 0.236.62above the sector's middle half▲ 3.256.49above the sector's middle half▼ 0.135.77above the sector's middle half▼ 0.72
Return on assets (ROA)16.2%above the sector's middle half▲ 3.0pp18.4%above the sector's middle half▲ 2.2pp19.1%above the sector's middle half▲ 0.7pp8.1%within the sector's middle half▼ 11.0pp4.5%within the sector's middle half▼ 3.6pp
Staff (FTE)5.5within the sector's middle half▼ 14.1%6.1within the sector's middle half▲ 10.9%4.7within the sector's middle half▼ 23.0%3.6within the sector's middle half▼ 23.4%8.9above the sector's middle half▲ 147%
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 59% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.1m
Fixed assets
€248,385 ▼ 4.0%
Current assets
€3.9m ▼ 25.0%
Equity and liabilities €4.1m
Equity
€3.3m ▼ 26.8%
Debt
€769,419 ▼ 8.2%
Debt's share of the balance-sheet total rises from 15.5% to 18.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€323,633▼
2024 · €691,951
Cash flow
€246,847▼
2024 · €488,170
Quick ratio
4.22▼
2024 · 5.34
Debt to equity
0.23▲
2024 · 0.18
ROE
5.6%▼
2024 · 9.6%
Interest coverage
3.10▼
2024 · 5.29
Debt ≤ 1 year
€668,815▼
2024 · €792,222
Debt > 1 year
€22,276▼
2024 · €28,457
Income taxes
€97,920▼
2024 · €231,273
Staff costs
€508,242▲
2024 · €206,368
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,040 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% 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 497,340 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 17,040 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €1,481 | - |
| Remuneration, social security and pensions62 | €270,136 | €337,494 | €280,244 | €206,368 | €508,242 | ▲ 146% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €60,954 | €60,724 | €59,463 | €51,248 | €60,545 | ▲ 18.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | -€1,624 | - | €37,058 | €8,631 | ▼ 76.7% |
| Other operating charges640/8 | €252,098 | €359,279 | €264,839 | €318,106 | €328,256 | ▲ 3.2% |
| Gross operating margin9900 | €1.5m | €2.0m | €1.8m | €1.3m | €1.2m | ▼ 6.8% |
| Operating profit (loss)9901 | €928,025 | €1.3m | €1.2m | €640,704 | €263,088 | ▼ 58.9% |
| Financial income75/76B | €3,315 | €137,291 | €153,497 | €158,385 | €125,388 | ▼ 20.8% |
| Recurring financial income75 | €3,315 | €137,291 | €153,497 | €158,385 | €125,388 | ▼ 20.8% |
| Financial charges65/66B | €55,393 | €100,387 | €15,327 | €130,893 | €104,254 | ▼ 20.4% |
| Recurring financial charges65 | €55,393 | €100,387 | €15,327 | €130,893 | €104,254 | ▼ 20.4% |
| Profit (loss) for the period before taxes9903 | €875,947 | €1.3m | €1.3m | €668,195 | €284,222 | ▼ 57.5% |
| Income taxes67/77 | €279,947 | €387,366 | €332,018 | €231,273 | €97,920 | ▼ 57.7% |
| Profit (loss) for the period9904 | €596,001 | €941,845 | €971,219 | €436,923 | €186,302 | ▼ 57.4% |
| Transfer from tax-exempt reserves789 | - | - | - | €50,974 | €0 | ▼ 100% |
| Profit (loss) for the period to be appropriated9905 | €596,001 | €941,845 | €971,219 | €487,896 | €186,302 | ▼ 61.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.7m | €5.1m | €5.1m | €5.4m | €4.1m | ▼ 23.9% |
| Fixed assets21/28 | €186,149 | €139,580 | €231,408 | €258,615 | €248,385 | ▼ 4.0% |
| Intangible fixed assets21 | - | - | €40,521 | €56,128 | €42,203 | ▼ 24.8% |
| Tangible fixed assets22/27 | €186,149 | €139,580 | €190,887 | €202,487 | €206,182 | ▲ 1.8% |
| Plant, machinery and equipment23 | €57,420 | €40,439 | €67,476 | €53,364 | €47,267 | ▼ 11.4% |
| Furniture and vehicles24 | €36,090 | €19,742 | €16,732 | €35,074 | €52,538 | ▲ 49.8% |
| Other tangible fixed assets26 | €92,638 | €79,399 | €106,679 | €89,050 | €81,377 | ▼ 8.6% |
| Assets under construction and advance payments27 | - | - | - | €25,000 | €25,000 | = |
| Current assets29/58 | €3.5m | €5.0m | €4.9m | €5.1m | €3.9m | ▼ 25.0% |
| Stocks and contracts in progress3 | €1.3m | €1.7m | €1.1m | €912,228 | €1.0m | ▲ 13.5% |
| Stocks30/36 | €1.3m | €1.7m | €1.1m | €912,228 | €1.0m | ▲ 13.5% |
| Amounts receivable within one year40/41 | €1.3m | €1.6m | €1.1m | €1.0m | €1.2m | ▲ 20.1% |
| Trade receivables40 | €1.3m | €1.6m | €1.1m | €1.0m | €1.0m | ▲ 2.8% |
| Other amounts receivable41 | €2,148 | €16,571 | - | €2,841 | €177,608 | ▲ 6,152% |
| Current investments50/53 | - | - | €500,000 | €2.0m | €248,970 | ▼ 87.5% |
| Cash at bank and in hand54/58 | €473,599 | €1.3m | €1.8m | €862,208 | €957,864 | ▲ 11.1% |
| Deferred charges and accrued income490/1 | €466,584 | €432,091 | €394,312 | €357,293 | €402,609 | ▲ 12.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.7m | €5.1m | €5.1m | €5.4m | €4.1m | ▼ 23.9% |
| Equity10/15 | €2.7m | €3.6m | €4.3m | €4.6m | €3.3m | ▼ 26.8% |
| Contributions10/11 | €100,400 | €100,400 | €100,400 | €100,400 | €100,400 | = |
| Reserves13 | €2.6m | €3.5m | €4.2m | €4.5m | €3.2m | ▼ 27.4% |
| Non-distributable reserves130/1 | €38,075 | €38,075 | - | - | - | - |
| Reserves not available under the articles1311 | €38,075 | €38,075 | - | - | - | - |
| Tax-exempt reserves132 | €50,974 | €50,974 | €50,974 | €0 | - | - |
| Distributable reserves133 | €2.5m | €3.4m | €4.2m | €4.5m | €3.2m | ▼ 27.4% |
| Profit (loss) carried forward14 | - | - | - | €0 | €0 | - |
| Amounts payable17/49 | €1.0m | €1.5m | €767,853 | €837,959 | €769,419 | ▼ 8.2% |
| Amounts payable after more than one year17 | - | - | €34,421 | €28,457 | €22,276 | ▼ 21.7% |
| Financial debts170/4 | - | - | €34,421 | €28,457 | €22,276 | ▼ 21.7% |
| Amounts payable within one year42/48 | €970,178 | €1.5m | €733,431 | €792,222 | €668,815 | ▼ 15.6% |
| Current portion of amounts payable after more than one year42 | €86,667 | €131,213 | €80,755 | €5,964 | €6,181 | ▲ 3.6% |
| Financial debts43 | - | - | - | €40,000 | €0 | ▼ 100% |
| Credit institutions430/8 | - | - | - | €40,000 | €0 | ▼ 100% |
| Trade debts44 | €553,966 | €810,665 | €487,790 | €562,750 | €493,670 | ▼ 12.3% |
| Suppliers440/4 | €553,966 | €810,665 | €487,790 | €562,750 | €493,670 | ▼ 12.3% |
| Taxes, remuneration and social security45 | €229,074 | €526,033 | €135,439 | €183,508 | €168,406 | ▼ 8.2% |
| Taxes450/3 | €217,600 | €479,861 | €112,494 | €168,754 | €107,719 | ▼ 36.2% |
| Remuneration and social security454/9 | €11,474 | €46,172 | €22,945 | €14,754 | €60,687 | ▲ 311% |
| Other amounts payable47/48 | €100,471 | €12,663 | €29,448 | €0 | €557 | - |
| Accrued charges and deferred income492/3 | €39,951 | €33,107 | - | €17,280 | €78,328 | ▲ 353% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €596,001 | €941,845 | €971,219 | €436,923 | €186,302 | ▼ 57.4% |
| + Depreciation and write-downs630 | €60,954 | €60,724 | €59,463 | €51,248 | €60,545 | ▲ 18.1% |
| Operating cash flow (approximation) | €656,955 | €1.0m | €1.0m | €488,170 | €246,847 | ▼ 49.4% |
| Investment in fixed assets (approximation) | - | -€14,156 | -€151,291 | -€78,455 | -€50,315 | ▲ 35.9% |
| Change in cash | - | €789,873 | €520,470 | -€921,734 | €95,656 | ▲ 110% |
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
12-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
06-05
State Gazette act
Resignations: Paulussen Edgard, Paulussen Jonas and Paulussen YasnaAppointments: ENORED CONSULT BV, YSP BV and VSB PLUS BV · Permanent representatives: Paulussen Jonas, Paulussen Yasna and Vanswartenbrouck Pieter · Director discharge20 facts ▸
State Gazette act
Resignations: Paulussen Edgard, Paulussen Jonas and Paulussen Yasna
Appointments: ENORED CONSULT BV, YSP BV and VSB PLUS BV · Permanent representatives: Paulussen Jonas, Paulussen Yasna and Vanswartenbrouck Pieter · Director discharge20 facts ▸
- General meeting, 27-03-2026
- Director resignation, Paulussen Edgard (director)
- Director resignation, Paulussen Jonas (director)
- Director resignation, Paulussen Yasna (director)
- Director discharge, Paulussen Edgard (director)
- Director discharge, Paulussen Jonas (director)
- Director discharge, Paulussen Yasna (director)
- Director appointment, ENORED CONSULT BV (director)
- Permanent representative, Paulussen Jonas (permanent representative)
- Director appointment, YSP BV (director)
- Permanent representative, Paulussen Yasna (permanent representative)
- Director appointment, VSB PLUS BV (director)
- +8 further facts in this act
2025
31-12
Financial
Weakest financial yearnet €186,302 ▼57.4%
Net result drops to €186,302, the lowest in the series.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
28-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €971,219 ▲3.1%
Net result €971,219, the highest in the series.
19-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €2mEq €2.2m ▲27%
3 profitable years in a row build equity to €2.2m.
10-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 41 days late
2019
01-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 1 day late
2018
24-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 7 acts read
About the unread acts
Of the 7 Belgian State Gazette acts we know for this company, 1 has been read. The other 6 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
under verification, last change in 2026
This board is reconstructed from a single act (26057016). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Board 3
Enored Consult
CurrentDirector · since 27-03-2026 · Private limited company · perm. rep.: Paulussen Jonas
VSB PLUS
CurrentDirector · since 27-03-2026 · Private limited company · perm. rep.: Vanswartenbrouck Pieter
YSP
CurrentDirector · since 27-03-2026 · Private limited company · perm. rep.: Paulussen Yasna
Permanent representatives 3
Paulussen Jonas
CurrentPermanent representative · since 27-03-2026 · for Enored Consult
Paulussen Yasna
CurrentPermanent representative · since 27-03-2026 · for YSP
Vanswartenbrouck Pieter
CurrentPermanent representative · since 27-03-2026 · for VSB PLUS
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
6 of this company's 7 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Bilzen-Hoeselt · 1 establishment unit since 1971
Ground area
1.6 ha
Building footprint
4,341 m²
Parcel 73006A0052/00M000, Flanders. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
DUPLAST
since 19712.006.491.421
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73006A0052/00M000 | Flanders | 1.6 ha | 1 · 4,341 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
6 people since 2026, 3 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Enored Consult |
|
| VSB PLUS |
|
| YSP |
|
| Paulussen Edgard |
|
| Paulussen Jonas |
|
| Paulussen Yasna |
|
Structure & network
Connections & network
3 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
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Subsidies and aid
Flemish government
2023 to 2025 · 4 entries · 7,540 EUR awarded · 7,540 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 4,669 EUR | 5,269 EUR |
| 2024 | 1 | 600 EUR | 666 EUR |
| 2023 | 1 | 2,271 EUR | 1,605 EUR |
Recognitions · licences · registrations
Food safety, FASFC
1 siteBilzen-Hoeselt2.006.491.421
Legal Entity Identifier
5299005Z66PHLYBV5274
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Company details
Identification
Legal formPrivate limited company
Founded09-09-1971
Fiscal year end31-12
Activities, NACEBEL 2025
46649Wholesale of other machinery and equipment
E-invoicing
Reachable via Peppol
Peppol ID
0208:0411523884
Registered
27-03-2026
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.