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EXTRUMAT

Active
Public limited companyfounded 1985active for 40 yearsVannestenstraat 4, 8740 Pittem, BelgiumKBO/BCE: BE 0428.174.727
Summary

EXTRUMAT has been active since 1985 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €924,694 and a net result of -€50,131. Equity remains stable across the filed financial years (±1.3% per year). Its solvency ranks better than 82% of 1,235 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Activity
Forging of metal
NACE 25401Manufacture of fabricated metal products, except machinery and equipment NACE 25402
1 site
Size
€1.2mtotal assets 2025
Staff
7 FTE
Equity
€924,694
Loss
-€50,131
Turnover not published (abbreviated format)
Financial health
82 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.6%
Structure
Parent
Plastivan · 100%
Accounts 52 days early3 of 15 deeds read
Why 82raises riskSector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)Loss of €50,131, the second in a row (financial year 2025)Liquidity: current ratio 4.31lowers riskFounded in 1985Show the evidence

Checked score

Score 2025
82 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 53% of its sector peers (NACE 25, micro)
Financial strength · tick = 2024
Strong
Solvency 100=
equity 76.3% of total assets
Liquidity 84-8
short-term debt 22.5%
Profitability 14+1
return on assets -4.1%
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (3,701 companies, NACE 25, micro)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024lowest value 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: 0.1%▲ +0.1 percentage points vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.6%▲ +0.5 percentage points vs 05-2025 07-2025: 0.6%● unchanged vs 06-2025 08-2025: 0.6%● unchanged vs 07-2025 09-2025: 0.6%● unchanged vs 08-2025 10-2025: 0.6%● unchanged vs 09-2025 11-2025: 0.6%● unchanged vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026highest value 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.6%● unchanged vs 06-2026 08-2026: 0.6%● unchanged vs 07-2026 09-2026: 0.6%● unchanged vs 08-2026 10-2026: 0.6%● unchanged vs 09-2026
Credit of up to €75,000 on 30-day terms is acceptable
Liquidity ample (current ratio 4.31, compared with 5.88 in 2024, above the usual 1.5; short-term debt: 22.5% of total assets), and 23.7% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 25, micro): better than 90% on solvency, 83% on liquidity, 11% on profitability and 27% on growth.

The bankruptcy probability was computed on 23-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Founded in 1985
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
KBO
raises risk · Loss of €50,131, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 4.31
NBB · annual accounts
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 2025
Net result per financial year
19202122232425
2019 to 2025 · latest year -€50,131
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 09-06-2026, 52 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
52 days early
2024
72 days early
2023
49 days early
2022
71 days early
2021
42 days early
2020
46 days early
2019
53 days early
← 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 55 days before the deadline; the sector median (NACE 25) for financial year 2024 is 8 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Capital & shares · RestructuringAppointment: Baker Tilly Bedrijfsrevisoren BV…
  2. MiscellaneousShareholding · Share issue ·…
  3. Annual accounts filedfinancial year 2025 · abbreviated…

Key points

  • Caution: Among the weakest 10% on net resultsector median €44,342 · 1,235 companies -€50,131 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Controlled by Plastivanultimately: KOIBA 100% View
  • Caution: 2 loss-making years in a rowloss financial year 2025 -€50,131 View

By topic

Financials

Financial year
2025
Total assets
€1.2m
Loss
-€50,131
Solvency
76.3%
Turnover▲ 20.2%
Net result
20192022
Go to Financials

Timeline

Events
46
Since
1988
Next accounts
by 31-07-2027
  1. 31-12-2025Weakest financial year
  2. 20-05-2025Annual accounts filed
  3. 25-10-2024Permanent representatives: Ernst-Jan Willems, François Vancompernolle and…
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Forging of metalNACE 25401
Founded
12-12-1985
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
4
Purpose
“Algemene vorm en matrijzenbouw voor metaal en kunststoffen, fabricatie, aan- en verkoop en…” (deed in Dutch)
Go to Articles of association

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