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INEOS STYROLUTION BELGIUM

Active
Public limited companyfounded 2008active for 18 yearsScheldelaan 600, 2040 Antwerpen, Belgium24 active companies are registered at this addressKBO/BCE: BE 0806.439.291
Summary

INEOS STYROLUTION BELGIUM has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €53.1m and a net result of €9.2m. Equity is growing by about 8.9% per year across the filed financial years. Its solvency ranks better than 39% of 229 sector peers (NACE 22, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisFollow ReportCompare
INEOS STYROLUTION BELGIUMActiveChecked score 89/100
Risk analysis ReportCompare

Overview

Activity
Manufacture of rubber and plastic products
NACE 22210Manufacture of chemicals and chemical products NACE 20160
Largest employer in the province of Antwerp, Rubber and plastics sector1 site
Size
€209.5mturnover 2025
Staff
341 FTE
Equity
€53.1m
Profit
€9.2m
Financial health
89 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Parent
INEOS Styrolution Group GmbH
Auditor: DELOITTE REVISEURS D'ENTREPRISES/ BEDRIJFSREVISOREN SCRL/CVBA2025 accounts 38 days early7 of 38 deeds summarised
Why 89raises riskLiquidity: current ratio 0.48lowers riskFounded in 2008Size: turnover €209.5m, 341 FTE, total assets €126.2mFigures for financial year 2025 (filed 23-06-2026)Show the evidence

Checked score

Score 2025
89 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 58% of its sector peers (all companies)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 67-12
equity 42.0% of total assets
Liquidity 45-13
short-term debt 53.7%
Profitability 78+1
return on assets 7.3%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (17 companies, NACE 22, large)
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 04-2025 06-2025: 0.2%● unchanged vs 05-2025highest value 07-2025: 0.2%● unchanged vs 06-2025lowest value 08-2025: 0.2%● unchanged vs 07-2025lowest value 09-2025: 0.2%● unchanged vs 08-2025lowest value 10-2025: 0.2%● unchanged vs 09-2025lowest value 11-2025: 0.2%● unchanged vs 10-2025lowest value 12-2025: 0.2%● unchanged vs 11-2025lowest value 01-2026: 0.2%● unchanged vs 12-2025lowest value 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026
Credit of up to €4,700,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.48, compared with 0.99 in 2024, below 1; short-term debt: 53.7% of total assets), and 58% 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 (all companies): better than 57% on solvency, 51% on liquidity, 79% on profitability and 42% on growth.

The bankruptcy probability was computed on 27-10-2026 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
raises risk · Liquidity: current ratio 0.48
NBB · annual accounts
lowers risk · Founded in 2008
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Size: turnover €209.5m, 341 FTE, total assets €126.2m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 23-06-2026)
NBB · annual accounts
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 23-06-2026, 38 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
38 days early
2024
44 days early
2023
on the day
2022
35 days early
2021
23 days late
2020
53 days early
2019
73 days late
← 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 11 days before the deadline; the sector median (NACE 22) for financial year 2024 is 14 days before the deadline, and 34% of those companies filed late.

Searched, nothing found (2)
neutral · 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 26 June (4 of the last 5 filed years within 36 days of that day).
Companies Code · seven months
Where today falls in the filing period
28-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignation: Eike Jahnke (director)Director discharge
  2. Resignation: Dominique Lebbe (director)Appointment: Ronald van Zijp (director)…
  3. Reappointment: Deloitte Bedrijfsrevisoren / Réviseurs d'Entreprises…Permanent representative: Ine Nuyts ·…

Key points

  • Positive: Largest employer in the province of Antwerp, Rubber and plastics sectorin the Checked rankings No. 1 View
  • Caution: Equity fell in 2025from €93.8m to €53.1m ▼ 43.5% View
  • Board changedlatest change 29-09-2026 · 3 in office 1 joined · 2 left View
  • Positive: 8 profitable years in a rowprofit 2025: €9.2m 8 years View
  • Controlled by INEOS Styrolution Group GmbH parent View
  • Flemish supportawarded from 2022 to 2025 €666,203 View
  • Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View

By topic

Financials

Financial year
2025
Turnover
€209.5m
Profit
€9.2m
Solvency
42.0%
Turnover▲ 6.6%
Net result
20182025
Go to Financials

Board & ownership

Board
3 members
Parent
INEOS Styrolution Group GmbH
Auditor
DELOITTE REVISEURS D'ENTREPRISES/ BEDRIJFSREVISOREN…
  • John van OorschotDirector
  • Robble BuntinxDirector
  • Ronald van ZijpDirector
Go to Board & ownership

Timeline

Events
25
Since
2010
Next accounts
by 31-07-2027
  1. 23-06-2026Annual accounts filed
  2. 17-06-2025Annual accounts filed
  3. 31-07-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Manufacture of rubber and plastic productsNACE 22210
Founded
18-09-2008
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about INEOS STYROLUTION BELGIUM

What is the company number of INEOS STYROLUTION BELGIUM?
0806.439.291. In Belgium the VAT number is the company number with BE in front: BE 0806.439.291.
Where is INEOS STYROLUTION BELGIUM based?
The registered office is at Scheldelaan 600, 2040 Antwerpen.Company details
What does INEOS STYROLUTION BELGIUM do?
According to the KBO register, the main activity is manufacture of rubber and plastic products (NACE 22210).
What is the legal form of INEOS STYROLUTION BELGIUM?
Public limited company (NV).
When was INEOS STYROLUTION BELGIUM founded?
On 18-09-2008.
Is INEOS STYROLUTION BELGIUM still active?
Yes, INEOS STYROLUTION BELGIUM is an active enterprise in the KBO register.
How many employees does INEOS STYROLUTION BELGIUM have?
On average 341 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of INEOS STYROLUTION BELGIUM?
€209.5m in financial year 2025, according to the filed annual accounts.
Is INEOS STYROLUTION BELGIUM profitable?
In financial year 2025, INEOS STYROLUTION BELGIUM made a profit of €9.2m.
Where can I find the annual accounts of INEOS STYROLUTION BELGIUM?
INEOS STYROLUTION BELGIUM filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of INEOS STYROLUTION BELGIUM due?
By 31-07-2027, for financial year 2026.Timeline

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