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INNO - PLAST

Active
Public limited companyfounded 1989active for 37 yearsZwaarveld 65, 9220 Hamme (Vl.), BelgiumKBO/BCE: BE 0437.768.522

From the official registers: KBO 35 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

INNO - PLAST has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.0m and a net result of €1.9m. Equity has been growing by about 25% per year since 2019. Its solvency ranks better than 53% of 186 sector peers (NACE 22, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow ReportCompare
INNO - PLASTActiveChecked score 97/100
Risk analysis ReportCompare

Overview

Official details

KBO
Status
Active since 26-06-1989 Normal situation
Legal form
Public limited company
Registered office
Zwaarveld 65, 9220 Hamme (Vl.)
Activity
Manufacture of rubber and plastic products NACE 22210and 1 other
Establishment unit
2.044.047.445 9220 Hamme (Vl.), since 04-06-1991
Financial year end
30 September
Peppol
Reachable since 24-09-2025
Company details

Board and ownership

Board
  • 15 ENGINES BVDirector · since 01-04-2022
  • SARK BVDirector · since 01-04-2022
Shareholders
Board & ownership

Financial position

97 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts to 30-09-2025
Gross margin
€3.7m
▲ 6.2%
Turnover
≈ €6.4m
estimated
Profit
€1.9m
▲ 3.2%
Equity
€3.0m
▲ 42.7%
Total assets
€6.3m
▲ 18.6%
Staff
19.5 FTE
▲ 5.4%
2025 accounts filed 80 days before the deadline
Filed on 09-02-2026PDF
Financials
Score breakdownlowers riskFounded in 1989Size: 19.5 FTE, total assets €6.3mLiquidity: current ratio 1.24, cash €1.0mEquity €3.0m (48.1% of total assets)Show the evidence

Checked score

Score 2025
97 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 79% of small companies in rubber and plastics (NACE 22)
Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Strong
Solvency 73+8
equity 48.1% of total assets
Liquidity 54+13
short-term debt 36.4% · cash 16.7%
Profitability 100=
return on assets 30.4%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.2% (161 companies, NACE 22, small)
Last 24 months 11-2024: < 0.1%lowest value 12-2024: < 0.1%● unchanged vs 11-2024lowest value 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: 0.1%▲ +0.1 percentage points vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged 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 01-2026highest value 03-2026: < 0.1%▼ -0.1 percentage points vs 02-2026 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 €290,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.24 (1.54 in 2024), below the usual 1.5. Short-term debt is 36.4% and cash 16.7% of total assets. 51.9% of the assets are financed with debt and provisions.
Calculation

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, small). It does better than 52% of them on solvency, 70% on liquidity, 98% on profitability and 95% 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).

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Signals

Five signals.
lowers riskneutral
lowers risk · Founded in 1989
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: 19.5 FTE, total assets €6.3m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.24, cash €1.0m
NBB · annual accounts
lowers risk · Equity €3.0m (48.1% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 09-02-2026, 80 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
80 days early
2024
30 days early
2023
62 days early
2022
3 days early
2021
51 days early
2020
58 days early
2019
55 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 48 days before 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.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 10 March (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end01-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher net result than 95% of companies in rubber and plasticssector median €41,328 · 187 companies €1.9m View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 7 profitable years in a rowprofit 2025: €1.9m 7 years View
  • Positive: Equity rose in 2025from €2.1m to €3.0m ▲ 42.7% View

Documents

Annual accounts at the NBB

All 35 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about INNO - PLAST

What is the company number of INNO - PLAST?
The company number of INNO - PLAST is 0437.768.522. The VAT number is the same number with BE in front: BE 0437.768.522.
Where is INNO - PLAST based?
The registered office is at Zwaarveld 65, 9220 Hamme (Vl.).Company details
What does INNO - PLAST do?
According to the KBO register, the main activity is manufacture of rubber and plastic products (NACE 22210).
What is the legal form of INNO - PLAST?
The legal form of INNO - PLAST is Public limited company (NV).
When was INNO - PLAST founded?
INNO - PLAST was founded on 26-06-1989.
Is INNO - PLAST still active?
Yes, INNO - PLAST is an active enterprise in the KBO register.
How many employees does INNO - PLAST have?
INNO - PLAST had an average of 19.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of INNO - PLAST?
The turnover in financial year 2025 is ≈ €6.4m. This figure is estimated from the gross margin of €3.7m and 1,586 comparable companies of the same size. It probably lies between €4.3m and €10.0m. It is a rough estimate.
Is INNO - PLAST profitable?
In financial year 2025, INNO - PLAST made a profit of €1.9m.
Where can I find the annual accounts of INNO - PLAST?
INNO - PLAST filed 35 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 INNO - PLAST due?
INNO - PLAST must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

Companies linked to INNO - PLAST

Comparable companies

These companies have the same main activity as INNO - PLAST: manufacture of rubber and plastic products (NACE 22210). They are comparable in size and age: total assets between €3.6m and €9.6m, founded between 1985 and 2001.

CompanyTotal assetsGross margin
INNO - PLAST Hamme (Vl.)€6.3m€3.7m
PLASTEC Nazareth-De Pinte€9.6m€3.6m
CLEM Kortrijk€3.6m€2.6m
STOCKPLASTICS - VORMSPUITWERK Wingene€4.2m€2.4m
CROWN GENERAL Tessenderlo-Ham€4.7m€2.4m
INNO - MOULD Beveren-Kruibeke-Zwijndrecht€9.2m€2.9m
GEMA Beringen€4.2m€2.0m
Full comparison

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