NEVE PLASTICS
ActiveNEVE PLASTICS has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €614k and a net result of €-170k. Equity is growing by ~16.6% per year across the filed fiscal years. Its solvency ranks better than 57% of 7447 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2024
45
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability2▼-35
Solvency74▼-11
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity short (current ratio 0.7 against 0.9 in 2023; short-term debt: 49.4% and cash: 0.9% of total assets), and 51% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
49%
Return on assets
-13.6%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-170k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-09-2025, 54 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
54 d late
2023
26 d late
2022
31 d late
2021
29 d late
2020
9 d late
2019
30 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€614k▼ 21.7%
2023 · €785k
2018: €242k
2019: €285k
2020: €287k
2021: €296k
2022: €298k
2023: €785k
2018 → 2024
Total assets
€1.25M▼ 3.4%
2023 · €1.30M
2018: €997k
2019: €814k
2020: €759k
2021: €978k
2022: €900k
2023: €1.30M
2018 → 2024
Net result
€-170k▼ 1,151%
2023 · €-14k
2018: €-47k
2019: €43k
2020: €3k
2021: €9k
2022: €2k
2023: €-14k
2018 → 2024
Working capital
€-187k▼ 273%
2023 · €-50k
2018: €-73k
2019: €-36k
2020: €-52k
2021: €-78k
2022: €-53k
2023: €-50k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€287k-€296k▲ 3.1%€298k▲ 0.6%€785k▲ 163%€614k▼ 21.7%
Operating result€29k-€30k▲ 5.0%€46k▲ 50.7%€17k▼ 63.3%€-161k
Net result€3k-€9k▲ 218%€2k▼ 78.2%€-14k€-170k▼ 1,151%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €161k after €17k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.25M
Fixed assets
€822k▼ 2.9%
Current assets
€433k▼ 4.2%
Equity and liabilities €1.25M
Equity
€614k▼ 21.7%
Debt
€640k▲ 24.6%
The debt ratio rises from 39.6% to 51.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-112k▼
2023 · €60k
Cash flow
€-121k▼
2023 · €29k
Solvency
49.0%▼
2023 · 60.4%
Current ratio
0.70▼
2023 · 0.90
Quick ratio
0.54▼
2023 · 0.61
Debt / equity
1.04▲
2023 · 0.66
ROE
-27.7%▼
2023 · -1.7%
ROA
-13.6%▼
2023 · -1.0%
Interest coverage
-7.07▼
2023 · 2.38
Debt
€640k▲
2023 · €514k
Debt ≤ 1 year
€620k▲
2023 · €502k
Income taxes
€879▼
2023 · €15k
Staff costs
€322k▲
2023 · €290k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.30M€1.25M▼
Fixed assets21/28€847k€822k▼
Tangible fixed assets22/27€841k€816k▼
Land and buildings22€784k€790k▲
Plant, machinery and equipment23€18k€7k▼
Furniture and vehicles24€18k€11k▼
Leasing and similar rights25€20k€7k▼
Financial fixed assets28€6k€6k=
Current assets29/58€452k€433k▼
Stocks and contracts in progress3€146k€97k▼
Stocks30/36€75k€77k▲
Contracts in progress37€71k€20k▼
Amounts receivable within one year40/41€264k€297k▲
Trade receivables40€73k€103k▲
Other amounts receivable41€190k€194k▲
Cash at bank and in hand54/58€6k€12k▲
Deferred charges and accrued income490/1€36k€27k▼
Equity and liabilities
Total equity and liabilities10/49€1.30M€1.25M▼
Equity10/15€785k€614k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Revaluation surpluses12€650k€637k▼
Reserves13€73k€86k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€67k€79k▲
Profit (loss) carried forward14-€-170k
Amounts payable17/49€514k€640k▲
Amounts payable after more than one year17€10k-
Financial debts170/4€10k-
Amounts payable within one year42/48€502k€620k▲
Current portion of amounts payable after more than one year42€16k€10k▼
Financial debts43€104k€109k▲
Credit institutions430/8€104k€109k▲
Trade debts44€334k€421k▲
Suppliers440/4€334k€421k▲
Taxes, remuneration and social security45€32k€29k▼
Taxes450/3€16k€17k▲
Remuneration and social security454/9€16k€13k▼
Other amounts payable47/48€15k€51k▲
Accrued charges and deferred income492/3€2k€20k▲
Income statement
Code20232024
Remuneration, social security and pensions62€290k€322k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€43k€49k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€5k-
Other operating charges640/8€14k€10k▼
Gross operating margin9900€369k€219k▼
Operating profit (loss)9901€17k€-161k▼
Financial income75/76B€10k€8k▼
Recurring financial income75€10k€8k▼
Financial charges65/66B€25k€16k▼
Recurring financial charges65€25k€16k▼
Profit (loss) for the period before taxes9903€1k€-169k▼
Income taxes67/77€15k€879▼
Profit (loss) for the period9904€-14k€-170k▼
Profit (loss) for the period to be appropriated9905€-14k€-170k▼
Appropriation of the result
Profit (loss) to be appropriated9906€16k€-170k▼
Profit (loss) brought forward from the previous period14P€30k€0▼
Transfer to equity691/2€16k-
To other reserves6921€16k-
Social balance
Average headcount (FTE)90875.36.0▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 54 days late
2024
31-12
Financial
Weakest financial yearnet €-170k
Net result drops to €-170k, the lowest in the series.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 26 days late
2023
31-12
Financial
Equity above €500kEq €785k ▲163%
Equity rises from €298k to €785k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 29 days late
2021
09-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 9 days late
2020
01-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €43k
Net result €43k after one loss-making year.
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
12-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
22-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 53 days late
2016
27-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 58 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Mortsel · 4 establishment units since 2013
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.
Heirbaan 642640 MortselGround area
4,675 m²
Building footprint
988 m²
Volume, LiDAR
2,914 m³
4 parcels, Flanders · tallest building 9.8 m, ±3 floors. Linked by address, not a title deed.
4 establishment units
Kegelstraat 100, 2590 Berlaar
since 20132.217.934.692
Oude Vaartstraat 55, 2520 Ranst
since 20132.217.936.573
Gramyelaan 11, 2960 Brecht
since 20162.269.378.445
Heirbaan 64, 2640 Mortsel
since 20162.269.378.544
4 parcels
Flanders
4
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11512B0128/00H005 | Flanders | 1,903 m² | 1 · 446 m² | 4.0 m |
| 12002D1059/00H000 | Flanders | 1,502 m² | 1 · 225 m² | 9.8 m · 3 fl. |
| 11035B0479/00F000 | Flanders | 677 m² | 1 · 180 m² | 1.1 m |
| 11042B0106/00H000 | Flanders | 593 m² | 1 · 138 m² | 8.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 3
4 of 4 parcels 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
2022 to 2024 · 3 entries · 335 EUR awarded · 335 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 0 EUR | 120 EUR |
| 2023 | 1 | 231 EUR | 215 EUR |
| 2022 | 1 | 104 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Dual-learning approval
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Of 7,289 companies in sector 43350 we hold annual accounts for 2,361. 1,201 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded13-06-1988
Fiscal year end31-12
Activities, NACEBEL
43350Other building finishing work
43410Roofing work
45220
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.