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Hoviplast

Active
Public limited companyfounded 196858 yrs activeChaussée de Soignies(Silly) 87, 7830 Silly, BelgiumKBO/BCE: BE 0402.728.558

Hoviplast has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €18.47M and a net result of €558k. Equity remains stable across the filed fiscal years (±1.3% per year). Its solvency ranks better than 95% of 2033 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
100 / 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▲+1
Solvency100=
Growth50▲+6
Stability100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €190k at 30 days acceptable
Liquidity ample (current ratio 49.62 against 44.85 in 2024), and 1% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · 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
elevated failure risk from 2 to 8 years 58 years 0 60 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
99%
Return on assets
3%
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 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 26-05-2026, 66 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
66 d early
2024
66 d early
2023
2 d late
2022
48 d early
2021
45 d early
2020
46 d early
2019
67 d early
← 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 months
Position in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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, full schema

Turnover
€1.89M▲ 39.1%
2024 · €1.36M
2018: €1.89M 2019: €1.95M 2020: €1.93M 2021: €2.52M 2022: €2.08M 2023: €1.79M 2024: €1.36M
2018 → 2025
EBIT margin
29.2%▲ 9.3pp
2024 · 19.9%
2018: 26.9% 2019: 35.1% 2020: 36.5% 2021: 42.6% 2022: 28.9% 2023: 12.0% 2024: 19.9%
2018 → 2025
Net result
€558k▲ 24.3%
2024 · €449k
2018: €402k 2019: €502k 2020: €536k 2021: €479k 2022: €44.10M 2023: €343k 2024: €449k
2018 → 2025
Working capital
€9.30M▼ 6.3%
2024 · €9.93M
2018: €12.63M 2019: €13.00M 2020: €13.56M 2021: €13.83M 2022: €9.90M 2023: €10.37M 2024: €9.93M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Turnover€2.52M-€2.08M▼ 17.7%€1.79M▼ 14.0%€1.36M▼ 23.8%€1.89M▲ 39.1%
Equity€21.00M-€17.12M▼ 18.4%€17.47M▲ 2.0%€17.92M▲ 2.6%€18.47M▲ 3.1%
Operating result€1.08M-€600k▼ 44.2%€214k▼ 64.3%€271k▲ 26.2%€553k▲ 104%
Net result€479k-€44.10M▲ 9,099%€343k▼ 99.2%€449k▲ 30.7%€558k▲ 24.3%
Result per fiscal year
Operating resultNet result
€0€20.00M€40.00MOperating result 2021: €1.08M€1.08MNet result 2021: €479k€479kOperating result 2022: €600k€600kNet result 2022: €44.10M€44.10MOperating result 2023: €214k€214kNet result 2023: €343k€343kOperating result 2024: €271k€271kNet result 2024: €449k€449kOperating result 2025: €553k€553kNet result 2025: €558k€558k20212022202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 104% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €18.67M
Fixed assets €9.18M▲ 14.9%
Current assets €9.49M▼ 6.6%
Equity and liabilities €18.67M
Equity €18.47M▲ 3.1%
Debt €191k▼ 15.5%
The debt ratio falls from 1.2% to 1.0%: equity grows while debt is paid down.
Key figures and ratios
2025 value · change against 2024
EBITDA
€834k
2024 · €493k
Cash flow
€839k
2024 · €671k
Solvency
99.0%
2024 · 98.8%
Current ratio
49.62
2024 · 44.85
Quick ratio
48.38
2024 · 43.78
Debt / equity
0.01
2024 · 0.01
ROE
3.0%
2024 · 2.5%
ROA
3.0%
2024 · 2.5%
Interest coverage
1592.13
2024 · 699.62
Debt
€191k
2024 · €226k
Debt ≤ 1 year
€191k
2024 · €226k
Income taxes
€189k
2024 · €153k
Staff costs
€450k
2024 · €436k
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€18.14M€18.67M
Fixed assets21/28€7.99M€9.18M
Tangible fixed assets22/27€2.22M€3.41M
Land and buildings22€2.08M€3.34M
Plant, machinery and equipment23€141k€65k
Financial fixed assets28€5.77M€5.77M=
Affiliated companies280/1€5.77M€5.77M=
Participating interests280€5.77M€5.77M=
Other financial fixed assets284/8€360€360=
Amounts receivable and cash guarantees285/8€360€360=
Current assets29/58€10.15M€9.49M
Stocks and contracts in progress3€242k€237k
Stocks30/36€242k€237k
Goods purchased for resale34€242k€237k
Amounts receivable within one year40/41€129k€206k
Trade receivables40€116k€187k
Other amounts receivable41€13k€19k
Current investments50/53€8.40M€8.15M
Other investments51/53€8.40M€8.15M
Cash at bank and in hand54/58€1.34M€849k
Deferred charges and accrued income490/1€42k€46k
Equity and liabilities
Total equity and liabilities10/49€18.14M€18.67M
Equity10/15€17.92M€18.47M
Contributions10/11€279k€279k=
Capital10€279k€279k=
Issued capital100€279k€279k=
Reserves13€28k€28k=
Non-distributable reserves130/1€28k€28k=
Legal reserve130€28k€28k=
Profit (loss) carried forward14€17.61M€18.17M
Amounts payable17/49€226k€191k
Amounts payable within one year42/48€226k€191k
Trade debts44€178k€117k
Suppliers440/4€178k€117k
Taxes, remuneration and social security45€48k€74k
Taxes450/3€12k€33k
Remuneration and social security454/9€37k€42k
Income statement Code20242025
Operating income70/76A€1.89M€2.42M
Turnover70€1.36M€1.89M
Other operating income74€531k€528k
Operating charges60/66A€1.62M€1.87M
Goods for resale, raw materials and consumables60€515k€672k
Purchases600/8€471k€667k
Change in stocks: decrease (increase)609€44k€5k
Services and other goods61€373k€389k
Remuneration, social security and pensions62€436k€450k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€222k€281k
Other operating charges640/8€75k€78k
Operating profit (loss)9901€271k€553k
Financial income75/76B€331k€194k
Recurring financial income75€331k€194k
Income from current assets751€325k€181k
Other financial income752/9€7k€13k
Financial charges65/66B€705€524
Recurring financial charges65€705€524
Other financial charges652/9€705€524
Profit (loss) for the period before taxes9903€601k€746k
Income taxes67/77€153k€189k
Taxes670/3€153k€189k
Tax adjustments and reversals of tax provisions77€46€11
Profit (loss) for the period9904€449k€558k
Profit (loss) for the period to be appropriated9905€449k€558k
Appropriation of the result
Profit (loss) to be appropriated9906€17.61M€18.17M
Profit (loss) brought forward from the previous period14P€17.16M€17.61M
Social balance
Average headcount (FTE)90877.77.5

The notes to these accounts (29 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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
26-05
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
26-05
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
02-08
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 2 days late
2023
31-12
Financial Weakest financial yearnet €343k ▼99.2%
Net result drops to €343k, the lowest in the series; recovery starts the following year.
31-12
Financial Liquidity triplescurrent ratio 76.31
Current ratio from 26.78 to 76.31; short-term debt falls from €384k to €138k.
13-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial Highest result since 2018net €44.10M ▲9099%
Net result €44.10M, the highest in the series.
16-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
15-06
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
25-05
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
20-05
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
05-06
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
08-06
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
15 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, Silly · 1 establishment unit since 1956
establishment approximate 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.

Chaussée de Soignies(Silly) 877830 Silly
Ground area
1,074 m²
Building footprint
95 m²
Volume, LiDAR
819 m³
Parcel 55021A0250/00E002, Wallonia · tallest building 10.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Chaussée de Soignies(Silly) 87, 7830 Silly
Manufacture of rubber and plastic products
since 19562.005.762.238
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
55021A0250/00E002indicative Wallonia 1,074 m² 1 · 95 m² 10.5 m · 3 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Legal Entity Identifier

52990068019MFI40PM81
no longer live in the LEI register

Similar companies · same sector, comparable size

Of 904 companies in sector 25120 we hold annual accounts for 673. 96 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded01-01-1968
Fiscal year end31-12
Activities, NACEBEL
25120Manufacture of fabricated metal products, except machinery and equipment
25620Manufacture of fabricated metal products, except machinery and equipment
43230Insulation installation
43291Specialised construction activities
13929Manufacture of textiles
17402
Sources
Crossroads Bank for EnterprisesNational Bank · 49 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.