Global Plastics
ActiveGlobal Plastics has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-86k) and a net result of €-28k. Equity is shrinking by ~93.1% per year across the filed fiscal years. Its solvency ranks better than 19% of 115 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency67▲+34
Growth32=
Stability94
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 2.05 against 0.17 in 2024), but equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 20
Relative position
BE, all sectors
reference
Sector 20
lower
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
-44.5%
Return on assets
-14.6%
Age of the figures
8 mo
raises risk · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025Equity per financial year
22232425
2022 to 2025 · latest year -€86k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
27 d late
2024
91 d late
2023
28 d late
2022
29 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-86k▼ 48.6%
2024 · €-58k
2022: €3k
2023: €-7k
2024: €-58k
2022 → 2025
Total assets
€194k▲ 16.0%
2024 · €167k
2022: €3k
2023: €48k
2024: €167k
2022 → 2025
Net result
€-28k▲ 45.3%
2024 · €-52k
2022: €-2k
2023: €-9k
2024: €-52k
2022 → 2025
Working capital
€22k
2024 · €-133k
2023: €-11k
2024: €-133k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€3k-€-7k€-58k▼ 785%€-86k▼ 48.6%
Operating result€-2k-€-9k▼ 309%€-45k▼ 421%€-15k▲ 65.5%
Net result€-2k-€-9k▼ 333%€-52k▼ 449%€-28k▲ 45.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €15k in 2025 against €45k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €194k
Fixed assets
€152k▲ 8.8%
Current assets
€42k▲ 51.7%
Key figures and ratios
Solvency
-44.5%▼
2024 · -34.8%
Current ratio
2.05▲
2024 · 0.17
Quick ratio
2.05▲
2024 · 0.17
Debt / equity
-3.25▲
2024 · -3.88
ROE
32.7%▼
2024 · 88.7%
ROA
-14.6%▲
2024 · -30.8%
Debt
€280k▲
2024 · €225k
Debt ≤ 1 year
€21k▼
2024 · €161k
Debt > 1 year
€252k▲
2024 · €59k
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€167k€194k▲
Fixed assets21/28€139k€152k▲
Tangible fixed assets22/27€118k€139k▲
Plant, machinery and equipment23€118k€139k▲
Financial fixed assets28€21k€13k▼
Current assets29/58€28k€42k▲
Amounts receivable within one year40/41€28k€30k▲
Trade receivables40-€2k
Other amounts receivable41€28k€28k▲
Cash at bank and in hand54/58€153€12k▲
Equity and liabilities
Total equity and liabilities10/49€167k€194k▲
Equity10/15€-58k€-86k▼
Contributions10/11€5k€5k=
Profit (loss) carried forward14€-63k€-91k▼
Amounts payable17/49€225k€280k▲
Amounts payable after more than one year17€59k€252k▲
Financial debts170/4€59k€252k▲
Amounts payable within one year42/48€161k€21k▼
Current portion of amounts payable after more than one year42€15k€15k▲
Trade debts44€4k€6k▲
Suppliers440/4€4k€6k▲
Other amounts payable47/48€142k-
Accrued charges and deferred income492/3€5k€8k▲
Income statement
Code20242025
Other operating charges640/8€970€844▼
Gross operating margin9900€-44k€-15k▲
Operating profit (loss)9901€-45k€-15k▲
Financial income75/76B€1€81▲
Recurring financial income75€1€81▲
Financial charges65/66B€7k€13k▲
Recurring financial charges65€7k€13k▲
Profit (loss) for the period before taxes9903€-52k€-28k▲
Profit (loss) for the period9904€-52k€-28k▲
Profit (loss) for the period to be appropriated9905€-52k€-28k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-63k€-91k▼
Profit (loss) brought forward from the previous period14P€-12k€-63k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
31-12
Financial
Liquidity times 12current ratio 2.05
Current ratio from 0.17 to 2.05; short-term debt falls from €161k to €21k.
30-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 91 days late
2024
31-12
Financial
Weakest financial yearnet €-52k
Net result drops to €-52k, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Stekene · 1 establishment unit since 2021
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.
Hellestraat(STE) 1949190 StekeneGround area
1,361 m²
Building footprint
108 m²
Volume, LiDAR
423 m³
Parcel 46322D1314/00Z000, Flanders · tallest building 8.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Global Plastics
since 20212.325.674.176
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46322D1314/00Z000 | Flanders | 1,361 m² | 1 · 108 m² | 8.3 m · 1 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.
Similar companies · same sector, comparable size
DURLAY
BE 0734.919.906
Beveren-Kruibeke-Zwijndrecht · Eq €6k
VANBOX
BE 0881.859.266
Asse · Eq €12k
EVER GREENER TECHNOLOGY
BE 0877.847.228
Mons · Eq €15k
Of 138 companies in sector 20160 we hold annual accounts for 94. 3 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-12-2021
Fiscal year end31-12
Activities, NACEBEL
20160Manufacture of chemicals and chemical products
22210Manufacture of rubber and plastic products
22240Manufacture of rubber and plastic products
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.