Hoviplast

Active

Public limited companyfounded 1968active for 58 yearsChaussée de Soignies(Silly) 87, 7830 Silly, BelgiumKBO/BCE: BE 0402.728.558

From the official registers: KBO 49 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

Hoviplast has been active since 1968 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €18.5m and a net result of €557,583. Equity remains stable across the filed financial years (±1.3% per year). Its solvency ranks better than 95% of 2,441 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow Report Compare

HoviplastActiveChecked score 94/100

Risk analysis Report Compare

Official details

KBO

Status: Active Normal situation
Legal form: Public limited company
Registered office: Chaussée de Soignies(Silly) 87, 7830 Silly
Activity: Insulation installation NACE 43230and 3 others
Establishment unit: 2.005.762.238 7830 Silly, since 01-11-1956
Financial year end: 31 December
Peppol: Reachable since 27-01-2026

Company details

Who decides

Board

BAROEL SRLDirector · since 10-02-2022
DELLA FAILLE TanguyDirector · since 10-02-2022
MERTENS LindaDirector · since 10-02-2022

Auditor: SINIO

Shareholders

VAN BEVEREN40%annual accounts 2025

Holdings: Shares in 1 company VAN BEVEREN

Board & ownership

How it is doing

94 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.1%

Annual accounts 2025

Turnover: €1.9m; ▲ 39.1%
Profit: €557,583; ▲ 24.3%
Equity: €18.5m; ▲ 3.1%
Total assets: €18.7m; ▲ 2.9%
Staff: 7.5 FTE; ▼ 2.6%

2025 accounts 66 days early

Filed on 26-05-2026PDF

Financials

Why 94raises riskSector: Specialised construction activities (NACE 43)lowers riskEquity €18.5m (99.0% of total assets)Founded in 1968Size: turnover €1.9m, 7.5 FTE, total assets €18.7mShow the evidence

Checked score

Score 2025

94 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 67% of its sector peers (NACE 43, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 100=

equity 99.0% of total assets

Liquidity 56-3

short-term debt 1.0% · cash 4.6%

Profitability 82+1

return on assets 3.0%

Bankruptcy probability, 12 months

0.1% Very low

0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.7% (47,675 companies, NACE 43, micro)

Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025highest value 06-2025: 0.1%▼ -0.1 percentage points vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026lowest value 03-2026: 0.1%● unchanged vs 02-2026lowest value 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026

Credit of up to €180,000 on 30-day terms is acceptable

Liquidity ample (current ratio 49.62, compared with 44.85 in 2024, above the usual 1.5; short-term debt: 1% and cash: 4.6% of total assets), and 1% 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 43, micro): better than 90% on solvency, 52% on liquidity, 63% on profitability and 63% on growth.

The bankruptcy probability was computed on 31-10-2026 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

Five signals.

lowers riskraises riskneutral

Equity €18.5m (99.0% of total assets)

NBB · annual accounts

Founded in 1968

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Sector: Specialised construction activities (NACE 43)

KBO

Size: turnover €1.9m, 7.5 FTE, total assets €18.7m

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

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 days early

2024

66 days early

2023

2 days late

2022

48 days early

2021

45 days early

2020

46 days early

2019

67 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 48 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)

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. The company usually files around 13 June (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

01-11-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

Key points

Positive: Largest company by equity in Sillyin the Checked rankings No. 1 View
Positive: 8 profitable years in a rowprofit 2025: €557,583 8 years View
Positive: Turnover rose in 2025from €1.4m to €1.9m ▲ 39.1% View

Documents

Key facts about Hoviplast

What is the company number of Hoviplast?: 0402.728.558. In Belgium the VAT number is the company number with BE in front: BE 0402.728.558.
Where is Hoviplast based?: The registered office is at Chaussée de Soignies(Silly) 87, 7830 Silly.Company details
What does Hoviplast do?: According to the KBO register, the main activity is insulation installation (NACE 43230).
What is the legal form of Hoviplast?: Public limited company (NV).
When was Hoviplast founded?: On 01-01-1968.
Is Hoviplast still active?: Yes, Hoviplast is an active enterprise in the KBO register.
How many employees does Hoviplast have?: On average 7.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Hoviplast?: €1.9m in financial year 2025, according to the filed annual accounts.
Is Hoviplast profitable?: In financial year 2025, Hoviplast made a profit of €557,583.
Where can I find the annual accounts of Hoviplast?: Hoviplast filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of Hoviplast due?: By 31-07-2027, for financial year 2026.Timeline