Parent and group
- ACSM Holding100%
From the official registers: KBO 36 annual accounts at the National Bank publications in the Belgian Official Gazette
I.P.I.C. PLASTIC has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €462,020 and a net result of €119,962. Equity has been shrinking by about 10% per year since 2018. Its solvency ranks better than 50% of 230 sector peers (NACE 22, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 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 22, micro). It does better than 58% of them on solvency, 63% on liquidity, 78% on profitability and 36% 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The company filed its last 7 accounts on average 3 days after the deadline. In the sector (NACE 22), the median for financial year 2024 was 14 days before the deadline, and 34% of those companies filed late.
These companies have the same main activity as I.P.I.C. PLASTIC: manufacture of rubber and plastic products (NACE 22210). They are comparable in size and age: total assets between €817,000 and €1.4m, founded between 1988 and 1994.
| Company | Total assets | Gross margin |
|---|---|---|
| I.P.I.C. PLASTIC Oupeye | €0.9m | €0.6m |
| ALL PLASTICS MOULDING Lier | €1.3m | €0.5m |
| METAPLEX Antwerpen | €1.0m | €0.4m |
| NEW EURAC Tielt | €1.3m | €0.6m |
| INNOVATION ENGINEERING & CONSTRUCTION Riemst | €1.4m | €0.9m |
| PERSIENNES EUROBEL Jemeppe-sur-Sambre | €1.3m | €0.4m |
| SMISDOM Sint-Truiden | €0.8m | €0.3m |
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