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KORAPLAST

Active
Private limited companyfounded 1990active for 36 yearsMenenstraat 524, 7700 Mouscron, BelgiumKBO/BCE: BE 0440.789.774
Summary

KORAPLAST has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €310,959 and a net result of -€4,994. Equity has been stable since 2018 (±1.7% per year). Its solvency ranks better than 89% of 2,332 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Official details

Source: KBO
Status
Active since 07-05-1990 Normal situation
Activity
Manufacture of fabricated metal products, except machinery and equipment NACE 25120and 1 other
Establishment unit
2.049.947.916 7700 Mouscron, since 08-12-1999
Financial year end
31 December
Peppol
Reachable since 08-01-2026

Board and ownership

Board
  • FLORIN AlexandreDirector · since 27-04-2021
  • FLORIN AndréDirector
  • FLORIN Jean-FrançoisDirector

Financial position

86 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts 2025
Gross margin
€21,775
▼ 35.4%
Turnover
≈ €150,000
estimated
Loss
€4,994
Equity
€310,959
▼ 1.8%
Total assets
€363,825
▼ 4.5%
Filed on 31-07-2026, on time
Score breakdownraises riskSector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)Liquidity: current ratio 12.81, cash €3,430, halvedlowers riskFounded in 1990Equity €310,959 (85.5% of total assets)Show the evidence

Checked score

Score 2025
86 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 46% of micro companies in fabricated metal products (NACE 25)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 85.5% of total assets
Liquidity 51-3
short-term debt 4.4% · cash 0.9%
Profitability 37-23
return on assets -1.4%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (3,707 companies, NACE 25, micro)
Last 24 months 12-2024: 0.5% 01-2025: 0.4%▼ -0.1 percentage points vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.5%▲ +0.1 percentage points vs 04-2025 06-2025: 0.4%▼ -0.1 percentage points vs 05-2025 07-2025: 0.6%▲ +0.2 percentage points vs 06-2025highest value 08-2025: 0.2%▼ -0.4 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025lowest value 02-2026: 0.2%● unchanged vs 01-2026lowest value 03-2026: 0.2%● unchanged vs 02-2026lowest value 04-2026: 0.3%▲ +0.1 percentage points vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.3%● unchanged vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026 11-2026: 0.3%● unchanged vs 10-2026
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 12.81 (14.46 in 2024), above the usual 1.5. Short-term debt is 4.4% and cash 0.9% of total assets. 14.5% 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 25, micro). It does better than 90% of them on solvency, 47% on liquidity, 18% on profitability and 31% on growth.

The bankruptcy probability was computed on 01-11-2026 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
KBO
lowers risk · Founded in 1990
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Liquidity: current ratio 12.81, cash €3,430, halved
NBB · annual accounts
lowers risk · Equity €310,959 (85.5% of total assets)
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
on the day
2023
14 days late
2022
30 days late
2021
61 days late
2020
30 days late
2019
96 days late
← 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 33 days after the deadline. In the sector (NACE 25), the median for financial year 2024 was 7 days before the deadline, and 35% 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 15 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower net result than 84% of companies in fabricated metal productssector median €12,117 · 2,332 companies -€4,994 View

Recent changes

  1. · Gazette deed Incorporation
All 14 events

Comparable companies

These companies have the same main activity as KORAPLAST: manufacture of fabricated metal products, except machinery and equipment (NACE 25120). They are comparable in size and age: total assets between €207,000 and €617,000, founded between 1985 and 1999.

CompanyTotal assetsGross margin
KORAPLAST Mouscron€363,825€21,775
SUNPRO Wevelgem€534,698€27,699
NELIS CONSTRUCT Sint-Truiden€323,671€17,272
DCW AUTOMATISATIE Zoersel€206,760€18,769
CT BOUW Balen€297,741€42,965
DISTELS JOS Bilzen-Hoeselt€238,128€34,441
PEETERS ALUMINIUM Sint-Truiden€617,354€33,881
Full comparison

Key facts about KORAPLAST

What is the company number of KORAPLAST?
The company number of KORAPLAST is 0440.789.774. The VAT number is the same number with BE in front: BE 0440.789.774.
Where is KORAPLAST based?
The registered office is at Menenstraat 524, 7700 Mouscron.Company details
What does KORAPLAST do?
According to the KBO register, the main activity is manufacture of fabricated metal products, except machinery and equipment (NACE 25120).
What is the legal form of KORAPLAST?
The legal form of KORAPLAST is Private limited company (BV).
When was KORAPLAST founded?
KORAPLAST was founded on 07-05-1990.
Is KORAPLAST still active?
Yes, KORAPLAST is an active enterprise in the KBO register.
What is the turnover of KORAPLAST?
The turnover in financial year 2025 is ≈ €150,000. This figure is estimated from the gross margin of €21,775 and 36 comparable companies (NACE 25). It probably lies between €62,000 and €290,000. It is a rough estimate.Financials
Is KORAPLAST profitable?
In financial year 2025, KORAPLAST made a loss of €4,994.
Where can I find the annual accounts of KORAPLAST?
KORAPLAST filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of KORAPLAST due?
KORAPLAST must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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