INDUSTRIAL PLASTER
ActiveThe computed 12-month bankruptcy probability of INDUSTRIAL PLASTER is 4.0% (moderate). For INDUSTRIAL PLASTER, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €17k and a net result of €2k. Its solvency ranks better than 28% of 33677 sector peers (fiscal year 2023). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability62▼-38
Solvency51▼-12
Growth52
Track record94
Bankruptcy probability, 12 months
4.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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 2023Solvency, return and age of the figures
Solvency
25.5%
Return on assets
3.1%
Age of the figures
33 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 2 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline20-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 30-08-2024, 30 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
30 d late
2022
53 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Equity
€17k▲ 13.8%
2022 · €15k
2022: €15k
2022 → 2023
Total assets
€65k▲ 71.3%
2022 · €38k
2022: €38k
2022 → 2023
Net result
€2k▼ 79.1%
2022 · €10k
2022: €10k
2022 → 2023
Working capital
€8k▼ 0.5%
2022 · €8k
2022: €8k
2022 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023Trend
Equity€15k-€17k▲ 13.8%
Operating result€14k-€4k▼ 67.5%
Net result€10k-€2k▼ 79.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2023; 2023 is 67% below 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €65k
Fixed assets
€9k▲ 29.4%
Current assets
€56k▲ 80.7%
Equity and liabilities €65k
Equity
€17k▲ 13.8%
Debt
€49k▲ 107%
The debt ratio rises from 61.6% to 74.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€7k▼
2022 · €17k
Cash flow
€4k▼
2022 · €13k
Solvency
25.5%▼
2022 · 38.4%
Current ratio
1.16▼
2022 · 1.33
Quick ratio
1.11▼
2022 · 1.28
Debt / equity
2.92▲
2022 · 1.60
ROE
12.1%▼
2022 · 65.9%
ROA
3.1%▼
2022 · 25.3%
Interest coverage
4.67▼
2022 · 52.26
Debt
€49k▲
2022 · €23k
Debt ≤ 1 year
€49k▲
2022 · €23k
Income taxes
€982▼
2022 · €4k
Staff costs
€12k▼
2022 · €36k
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 · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€38k€65k▲
Fixed assets21/28€7k€9k▲
Intangible fixed assets21€7k€5k▼
Tangible fixed assets22/27-€4k
Plant, machinery and equipment23-€588
Furniture and vehicles24-€3k
Current assets29/58€31k€56k▲
Stocks and contracts in progress3€1k€2k▲
Stocks30/36€1k€2k▲
Amounts receivable within one year40/41€30k€39k▲
Trade receivables40€14k€39k▲
Other amounts receivable41€16k-
Cash at bank and in hand54/58€482€15k▲
Deferred charges and accrued income490/1€25-
Equity and liabilities
Total equity and liabilities10/49€38k€65k▲
Equity10/15€15k€17k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€10k€12k▲
Amounts payable17/49€23k€49k▲
Amounts payable within one year42/48€23k€49k▲
Trade debts44€9k€6k▼
Suppliers440/4€9k€6k▼
Taxes, remuneration and social security45€11k€9k▼
Taxes450/3€4k€5k▲
Remuneration and social security454/9€6k€4k▼
Other amounts payable47/48€4k€33k▲
Income statement
Code20222023
Remuneration, social security and pensions62€36k€12k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€2k▼
Other operating charges640/8€2k-
Gross operating margin9900€55k€18k▼
Operating profit (loss)9901€14k€4k▼
Financial income75/76B€2-
Recurring financial income75€2-
Financial charges65/66B€320€1k▲
Recurring financial charges65€320€1k▲
Profit (loss) for the period before taxes9903€13k€3k▼
Income taxes67/77€4k€982▼
Profit (loss) for the period9904€10k€2k▼
Profit (loss) for the period to be appropriated9905€10k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€10k€12k▲
Profit (loss) brought forward from the previous period14P-€10k
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
22-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 53 days late
NBB filing
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, Blégny · 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.
Rue Thier du Ry 324671 BlégnyGround area
1,168 m²
Building footprint
61 m²
Volume, LiDAR
440 m³
2 parcels, Wallonia · tallest building 9.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
INDUSTRIAL PLASTER
since 20212.320.607.313
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62054C0338/00K000indicative | Wallonia | 897 m² | 1 · 13 m² | 3.6 m |
| 62010A0248/00B002 | Wallonia | 272 m² | 1 · 48 m² | 9.9 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 parcels 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
EXPRE CONSTRUCT
BE 0745.764.110
Sint-Lambrechts-Woluwe · Eq €17k
STUKADOORSWERKEN DEKKER
BE 0870.060.306
Zonhoven · Eq €17k
NICO VDB PLEISTERWERKEN
BE 0762.499.281
Brugge · Eq €17k
ALGEMENE BEZETTINGSWERKEN BERTELS
BE 0822.394.803
Kalmthout · Eq €17k
BIOT SALVATORE
BE 0478.219.007
Châtelet · Eq €16k
Of 4,013 companies in sector 43310 we hold annual accounts for 1,745. 1,266 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-08-2021
Fiscal year end31-12
Activities, NACEBEL
43310Plastering work
43350Other building finishing work
43120Site preparation
43130Specialised construction activities
43230Insulation installation
43291Specialised construction activities
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.