Equity
€4.3m ▲ 5.0%
MULTIPLAST has made a profit in every financial year since 2006.
MULTIPLAST
Lifetime
20 annual accounts with figures on one time axis, 39 filings since 1987peak €789,535 (2008)
€383,214▲ 30.7%
peak €203,257 (2025)
€203,257▲ 221%
peak €4.3m (2025)
€4.3m▲ 5.0%
€1.8m▲ 6.8%
peak 10.7 FTE (2019)
5.3 FTE▼ 20.9%
Board8 names since 2020
3 directorsDMS Drypants Management and Services and 2 others
Owners
Documentsfilings and deeds
16-05-202676 days before the deadline
2025abbreviated format
Gross margin from €293,246 to €383,214Result from €63,305 to €203,257Staff from 6.7 FTE to 5.3 FTEInvestments €390,033Cash from €485,222 to €317,388
Key points
from the 2025 annual accountsResult
€203,257 ▲ 221%
The result rose in 2025 from €63,305 to €203,257.
Investments
€415,033 6.4 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 2970.3% higher than in 2024.
Staff
5.3 FTE from 10.7 in 2019
Between 2019 and 2025, 50% of the full-time equivalents disappeared.
Filings
39 annual accounts since 1987
The last five annual accounts were filed 8 to 76 days before the end of the period.
Position in the sector
€4.3m
More equity than 95% of companies in wholesale trade. Sector median €361,107 · 9,898 companies.
Checked score
90
Excellent
Financially stronger than 55% of micro companies in wholesale trade (NACE 46)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 26,891 companies (NACE 46, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
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%● unchanged vs 03-2025
05-2025: 0.2%▲ +0.1 percentage points vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.1%▼ -0.1 percentage points 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 01-2026
03-2026: 0.1%● unchanged 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 05-2026lowest value
07-2026: 0.1%● unchanged vs 06-2026lowest value
08-2026: 0.1%● unchanged vs 07-2026lowest value
09-2026: 0.1%● unchanged vs 08-2026lowest value
10-2026: 0.2%▲ +0.1 percentage points vs 09-2026highest value
11-2026: 0.2%● unchanged vs 10-2026highest value
Financial strengthStrong
Score breakdown
raises risk
1 change of registered office in 24 months
lowers risk
Founded in 1986
Figures for financial year 2025 (filed on 16-05-2026)
Size: 5.3 FTE, total assets €6.4m
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 46, micro). It does better than 72% of them on solvency, 58% on liquidity, 38% on profitability and 55% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 17,041 companies had the same profile as MULTIPLAST has now. Each dot stands for 43 companies, two years later.
94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of MULTIPLAST itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 17,041 companies, not a prediction for MULTIPLAST. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €380,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.07 (5.05 in 2024), above the usual 1.5. Short-term debt is 15.5% and cash 4.9% of total assets. 33.8% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 16-05-2026, 76 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
76 days early
2024
49 days early
2023
8 days early
2022
46 days early
2021
62 days early
2020
60 days early
2019
46 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 50 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% 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 12 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- DMS Drypants Management and Services 45.79%score 85equity €1.1m (2025) · 2023 annual accounts of DMS Drypants Management and Services
Recent changes
Registered office moved from Dendermonde to Lokeren
New registered office: Confiseriestraat 3, 9160 Lokeren · Previous registered office: Oude Brugstraat 7 9200 Dendermonde · Board meeting of 15-10-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0429119585
1 director appointed, 1 resignation, 3 reappointments
Reappointments: VAN DROOGENBROECK Freya Virginie Ortaire, VAN DROOGENBROECK Tom Magda Robert and DMS Drypants Management and Services · Resignation: VAN DROOGENBROECK Filip Josée Herman (managing director) · Appointment: DMS Drypants Management and Services (managing director) · General meeting of 16-04-2024 · Gazette deed
Environmental permit granted
Bouwen of herbouwen, Het reliëf van de bodem aanmerkelijk wijzigen, Nieuwbouw of aanleggen · Lokeren
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MULTIPLAST Lokeren | €6.4m | €0.4m | 66.2% | 5.3 |
| ANG Ronse | €3.1m | €0.3m | 55.7% | 6.3 |
| De Varomarkt Mol | €4.8m | €0.9m | 91.4% | 4.3 |
| PLASTIBAC Kuurne | €3.9m | €0.8m | 50.5% | 4.8 |
| JOFA Zedelgem | €3.7m | €0.7m | 29.6% | 5.8 |
| ALPHA PRIME Schaerbeek | €3.6m | €0.4m | 79.7% | 5 |
| WAPA Bruges | €3.7m | €1.0m | 61.0% | 6.6 |
These companies have the same main activity as MULTIPLAST: non-specialised wholesale trade (NACE 46900). They are comparable in size and age: total assets between €3.1m and €4.8m, founded between 1982 and 1992.
Official details
Source: KBO- Status
- Active since 09-07-1986Normal situation
- Activity
- Non-specialised wholesale tradeNACE 46900and 1 other
- Joint committees
- 116Chemical industry
- 207White-collar workers in the chemical industry · annual accounts 2022
- Establishment unit
- 2.035.862.8239160 Lokeren, since 25-06-1993
- Financial year end
- 31 December
- Peppol
- Reachable since 08-10-2025
Annual accounts 2025
- ≈ €1.9mestimated
- €6.4m▲ 3.7%
- Employeeson 31-12-2025
- 5▼ 16.7%
- Filing
- Filed on 16-05-2026, 76 days before the end of the filing period
Insights on MULTIPLAST
MULTIPLAST files the abbreviated format. That format states no turnover. The gross margin fell from €569,465 in 2006 to €383,214 in 2025.
In May 2024, the Official Gazette published the appointment of DMS Drypants Management and Services as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MULTIPLAST
- What is the company number of MULTIPLAST?
- The company number of MULTIPLAST is 0429.119.585. The VAT number is the same number with BE in front: BE 0429.119.585.
- Where is MULTIPLAST based?
- The registered office is at Confiseriestraat 3, 9160 Lokeren.Company details
- What does MULTIPLAST do?
- According to the KBO register, the main activity is non-specialised wholesale trade (NACE 46900).
- What is the legal form of MULTIPLAST?
- MULTIPLAST is a public limited company (NV).
- When was MULTIPLAST founded?
- MULTIPLAST was founded on 09-07-1986.
- Is MULTIPLAST still active?
- Yes, MULTIPLAST is an active enterprise in the KBO register.
- How many employees does MULTIPLAST have?
- MULTIPLAST had an average of 5.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does MULTIPLAST fall under?
- In its 2022 annual accounts, MULTIPLAST states joint committees 116 (Chemical industry) and 207 (White-collar workers in the chemical industry).
- What is the turnover of MULTIPLAST?
- The turnover in financial year 2025 is ≈ €1.9m. This figure is estimated from the gross margin of €383,214 and 139 comparable companies (NACE 46). It probably lies between €1.2m and €3.3m.
- Is MULTIPLAST profitable?
- In financial year 2025, MULTIPLAST made a profit of €203,257.
- Where can I find the annual accounts of MULTIPLAST?
- MULTIPLAST filed 39 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MULTIPLAST due?
- MULTIPLAST must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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