ELEPLAST POLYMERS
ActiveThe computed 12-month bankruptcy probability of ELEPLAST POLYMERS is 2.3% (moderate). The 2024 annual accounts show negative equity (€-63k) and a net result of €-636. Equity is shrinking by ~15.7% per year across the filed fiscal years. Its solvency ranks better than 5% of 9019 sector peers (fiscal year 2024). The company has been active since 1971 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Checked score
Score 2024
18
/ 100
Critical▲ +1 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability5▼-95
Solvency33=
Growth58▲+26
Stability92
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.45 against 0.46 in 2023), and equity is negative.
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
raises risk · 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 2024Solvency, return and age of the figures
Solvency
-197.6%
Return on assets
-2%
Age of the figures
20 mo
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
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
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
Equity is negative for financial year 2024: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€63k
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-03-2026, 239 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
239 d late
2023
134 d late
2022
150 d late
2021
148 d late
2020
31 d late
2019
88 d late
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
UBO non-compliance
Financials · fiscal year 2024, abbreviated schema
Equity
€-63k▼ 1.0%
2023 · €-63k
2018: €105k
2019: €96k
2020: €93k
2021: €80k
2022: €79k
2023: €-63k
2018 → 2024
Total assets
€32k▼ 1.9%
2023 · €33k
2018: €207k
2019: €199k
2020: €194k
2021: €182k
2022: €178k
2023: €33k
2018 → 2024
Net result
€-636▲ 99.6%
2023 · €-142k
2018: €-6k
2019: €-8k
2020: €-4k
2021: €-13k
2022: €-1k
2023: €-142k
2018 → 2024
Working capital
€-39k▼ 1.7%
2023 · €-38k
2018: €69k
2019: €79k
2020: €96k
2021: €103k
2022: €103k
2023: €-38k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€93k-€80k▼ 13.6%€79k▼ 1.5%€-63k€-63k▼ 1.0%
Operating result€-4k-€-12k▼ 246%€-1k▲ 91.6%€-142k▼ 13,425%€-482▲ 99.7%
Net result€-4k-€-13k▼ 235%€-1k▲ 90.4%€-142k▼ 11,627%€-636▲ 99.6%
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 €482 in 2024 against €142k in 2023; the loss shrinks.
Key figures and ratios
Solvency
-197.6%▼
2023 · -191.8%
Current ratio
0.45▼
2023 · 0.46
Quick ratio
0.45▼
2023 · 0.46
Debt / equity
-1.51▲
2023 · -1.52
ROE
1.0%▼
2023 · 225.6%
ROA
-2.0%▲
2023 · -432.8%
Debt
€96k=
2023 · €96k
Debt ≤ 1 year
€71k=
2023 · €71k
Income taxes
€3▲
2023 · €2
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€33k€32k▼
Current assets29/58€33k€32k▼
Amounts receivable within one year40/41-€635
Trade receivables40-€635
Cash at bank and in hand54/58€33k€31k▼
Equity and liabilities
Total equity and liabilities10/49€33k€32k▼
Equity10/15€-63k€-63k▼
Contributions10/11€20k€20k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-85k€-85k▼
Amounts payable17/49€96k€96k=
Amounts payable within one year42/48€71k€71k=
Other amounts payable47/48€71k€71k=
Accrued charges and deferred income492/3€24k€24k=
Income statement
Code20232024
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€142k-
Other operating charges640/8-€482
Operating profit (loss)9901€-142k€-482▲
Financial income75/76B€6€10▲
Recurring financial income75€6€10▲
Financial charges65/66B€176€162▼
Recurring financial charges65€176€162▼
Profit (loss) for the period before taxes9903€-142k€-633▲
Income taxes67/77€2€3▲
Profit (loss) for the period9904€-142k€-636▲
Profit (loss) for the period to be appropriated9905€-142k€-636▲
Appropriation of the result
Profit (loss) to be appropriated9906€-142k€-85k▲
Profit (loss) brought forward from the previous period14P-€-85k
Transfer from equity791/2€57k-
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
27-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 239 days late
2025
09-01
KBO administration
UBO non-compliance
event 16-12-2024
2024
12-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 134 days late
2023
31-12
Financial
Weakest financial yearnet €-142k
Net result drops to €-142k, the lowest in the series; recovery starts the following year.
28-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 150 days late
2022
26-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 148 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
27-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 88 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 59 days late
2017
12-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 134 days late
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 29 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
1 establishment unit since 2007
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.
Ground area
591 m²
Building footprint
235 m²
Volume, LiDAR
2,937 m³
Parcel 23084A0525/00S002, Flanders · tallest building 17.7 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Eleplast Polymers
since 20072.166.731.758
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23084A0525/00S002 | Flanders | 591 m² | 1 · 235 m² | 17.7 m · 5 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.
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Of 1,228 companies in sector 46851 we hold annual accounts for 515. 228 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded18-12-1971
Fiscal year end31-12
Activities, NACEBEL
46851Wholesale of industrial chemicals
51550
Sources
Crossroads Bank for EnterprisesNational Bank · 48 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.