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INNO - PLAST

Active
Public limited companyfounded 198937 yrs activeZwaarveld 65, 9220 Hamme (Vl.), BelgiumKBO/BCE: BE 0437.768.522

INNO - PLAST has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.01M and a net result of €1.90M. Equity is growing by ~34.5% per year across the filed fiscal years. Its solvency ranks better than 50% of 156 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
80 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency73▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €240k at 30 days acceptable
Liquidity tight (current ratio 1.24 against 1.54 in 2024; short-term debt: 36.4% and cash: 16.7% of total assets), and 51.9% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 37 years 0 40 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 22
Relative position
BE, all sectors
reference
Sector 22
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
48.1%
Return on assets
30.4%
Age of the figures
12 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 d early
2024
30 d early
2023
62 d early
2022
3 d early
2021
51 d early
2020
58 d early
2019
55 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
17-09-2026 today30-09-2026 close30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity
€3.01M▲ 42.7%
2024 · €2.11M
2018: €625k 2019: €123k 2020: €124k 2021: €981k 2022: €2.18M 2023: €1.97M 2024: €2.11M
2018 → 2025
Total assets
€6.26M▲ 18.6%
2024 · €5.28M
2018: €2.25M 2019: €2.22M 2020: €1.46M 2021: €1.51M 2022: €4.22M 2023: €5.23M 2024: €5.28M
2018 → 2025
Net result
€1.90M▲ 3.2%
2024 · €1.84M
2018: €917k 2019: €798k 2020: €791k 2021: €857k 2022: €1.20M 2023: €1.69M 2024: €1.84M
2018 → 2025
Working capital
€553k▼ 55.0%
2024 · €1.23M
2018: €867k 2019: €249k 2020: €168k 2021: €1.01M 2022: €2.99M 2023: €1.19M 2024: €1.23M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€981k-€2.18M▲ 122%€1.97M▼ 9.5%€2.11M▲ 7.1%€3.01M▲ 42.7%
Operating result€1.09M-€1.51M▲ 38.7%€2.13M▲ 40.9%€2.27M▲ 7.0%€2.38M▲ 4.7%
Net result€857k-€1.20M▲ 39.5%€1.69M▲ 41.6%€1.84M▲ 8.8%€1.90M▲ 3.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€1.00M€2.00MOperating result 2021: €1.09M€1.09MNet result 2021: €857k€857kOperating result 2022: €1.51M€1.51MNet result 2022: €1.20M€1.20MOperating result 2023: €2.13M€2.13MNet result 2023: €1.69M€1.69MOperating result 2024: €2.27M€2.27MNet result 2024: €1.84M€1.84MOperating result 2025: €2.38M€2.38MNet result 2025: €1.90M€1.90M20212022202320242025
The operating result has risen four years in a row; 2025 is 5% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.26M
Fixed assets €3.43M▲ 92.4%
Current assets €2.83M▼ 19.0%
Equity and liabilities €6.26M
Equity €3.01M▲ 42.7%
Debt €3.25M▲ 2.5%
The debt ratio falls from 60.1% to 51.9%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€2.45M
2024 · €2.32M
Cash flow
€1.97M
2024 · €1.89M
Solvency
48.1%
2024 · 39.9%
Current ratio
1.24
2024 · 1.54
Quick ratio
1.14
2024 · 1.47
Debt / equity
1.08
2024 · 1.50
ROE
63.1%
2024 · 87.3%
ROA
30.4%
2024 · 34.9%
Interest coverage
60.33
2024 · 66.36
Debt
€3.25M
2024 · €3.17M
Debt ≤ 1 year
€2.28M
2024 · €2.27M
Debt > 1 year
€969k
2024 · €900k
Income taxes
€498k
2024 · €466k
Staff costs
€1.23M
2024 · €1.15M
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 · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€5.28M€6.26M
Fixed assets21/28€1.78M€3.43M
Tangible fixed assets22/27€280k€420k
Land and buildings22€120k€119k
Plant, machinery and equipment23€160k€301k
Financial fixed assets28€1.50M€3.01M
Current assets29/58€3.50M€2.83M
Amounts receivable after more than one year29€11k€8k
Other amounts receivable291€11k€8k
Stocks and contracts in progress3€159k€243k
Stocks30/36€159k€243k
Amounts receivable within one year40/41€974k€1.49M
Trade receivables40€618k€1.01M
Other amounts receivable41€357k€478k
Current investments50/53€1.80M€0
Cash at bank and in hand54/58€510k€1.05M
Deferred charges and accrued income490/1€44k€44k
Equity and liabilities
Total equity and liabilities10/49€5.28M€6.26M
Equity10/15€2.11M€3.01M
Contributions10/11€75k€75k=
Capital10€75k€75k=
Issued capital100€75k€75k=
Reserves13€8k€8k=
Non-distributable reserves130/1€8k€8k=
Legal reserve130€8k€8k=
Profit (loss) carried forward14€2.03M€2.93M
Amounts payable17/49€3.17M€3.25M
Amounts payable after more than one year17€900k€969k
Financial debts170/4€900k€969k
Amounts payable within one year42/48€2.27M€2.28M
Current portion of amounts payable after more than one year42€139k€183k
Financial debts43€0€500k
Credit institutions430/8€0€500k
Trade debts44€240k€174k
Suppliers440/4€240k€174k
Taxes, remuneration and social security45€188k€252k
Taxes450/3€34k€106k
Remuneration and social security454/9€154k€147k
Other amounts payable47/48€1.70M€1.17M
Accrued charges and deferred income492/3€1k€2k
Income statement Code20242025
Remuneration, social security and pensions62€1.15M€1.23M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€49k€70k
Other operating charges640/8€17k€19k
Gross operating margin9900€3.49M€3.70M
Operating profit (loss)9901€2.27M€2.38M
Financial income75/76B€68k€58k
Recurring financial income75€68k€58k
Financial charges65/66B€35k€41k
Recurring financial charges65€35k€41k
Profit (loss) for the period before taxes9903€2.31M€2.40M
Income taxes67/77€466k€498k
Profit (loss) for the period9904€1.84M€1.90M
Profit (loss) for the period to be appropriated9905€1.84M€1.90M
Appropriation of the result
Profit (loss) to be appropriated9906€3.73M€3.93M
Profit (loss) brought forward from the previous period14P€1.89M€2.03M
Profit to be distributed694/7€1.70M€1.00M
Return on contributions (dividend)694€1.70M€1.00M
Social balance
Average headcount (FTE)908718.519.5

The notes to these accounts (21 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
09-02
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial Highest result since 2018net €1.90M ▲3.2%
Operating result €2.38M, net result €1.90M, both a record.
31-03
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial Equity above €2MEq €2.11M ▲7.1%
7 profitable years in a row build equity to €2.11M.
28-02
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
27-04
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial Equity above €2MEq €2.18M ▲122%
5 profitable years in a row build equity to €2.18M.
10-03
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial Liquidity triplescurrent ratio 4.05
Current ratio from 1.16 to 4.05; short-term debt falls from €1.06M to €332k.
30-09
Financial Equity above €500kEq €981k ▲692%
4 profitable years in a row build equity to €981k.
03-03
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial Weakest financial yearnet €791k ▼0.9%
Net result drops to €791k, the lowest in the series; recovery starts the following year.
06-03
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
28-03
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
23-04
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
19-10
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 80 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
12 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, Hamme (Vl.) · 1 establishment unit since 1991
establishment The establishment unit on the map
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.

Zwaarveld 659220 Hamme (Vl.)
Ground area
6,037 m²
Building footprint
1,003 m²
Volume, LiDAR
4,957 m³
Parcel 42452C0457/00A000, Flanders · tallest building 6.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
INNOPLAST
Zwaarveld 65, 9220 Hamme (Vl.)Manufacture of fabricated metal products, except machinery and equipment
since 19912.044.047.445
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
42452C0457/00A000 Flanders 6,037 m² 1 · 1,003 m² 6.6 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2023 · 1 entry · 456 EUR awarded · 419 EUR paid
Year Entries awardedpaid
2023 1 456 EUR419 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 456 EUR · 419 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 371 companies in sector 22210 we hold annual accounts for 293. 175 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded26-06-1989
Fiscal year end30-09
Activities, NACEBEL
22210Manufacture of rubber and plastic products
22260Manufacture of rubber and plastic products
25240
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.