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PLAMUPLAST

Active
Private limited companyfounded 197947 years activePolstraat 1, 9180 Lokeren, BelgiumKBO/BCE: BE 0419.496.096
Summary

The computed 12-month bankruptcy probability of PLAMUPLAST is 1.5% (moderate). The 2025 annual accounts show negative equity (-€26,376) and a net result of €6,904. Equity is growing by ~3.7% per year across the filed fiscal years. Its solvency ranks better than 13% of 99 sector peers (NACE 24, fiscal year 2025). The company has been active since 1979 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Manufacture of basic metals
NACE 24100
#7 oldest company in East Flanders, Basic metals sector1 site
Size
€72,476total assets 2025
Staff
1 FTE
Equity
-€26,376
Profit
€6,904
Turnover not published (abridged schema)
Financial health
55 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.5%
Structure
Accounts 3 days early0 of 3 deeds read
Why 55Capped at 59: negative equity- Sector Manufacture of basic metals (NACE 24)- Negative equity -€26,376- Liquidity: current ratio 2.91, cash €2,898, halved+ Size: total assets €72,476Show the evidence

Checked score

Score 2025
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 47% of its sector peers (NACE 24, micro)
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency 0=
equity -36.4% of total assets
Liquidity 41-13
short-term debt 32.9% · cash 4.0%
Profitability 81+70
return on assets 9.5%
Bankruptcy probability, 12 months
1.5% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (201 companies)
Last 24 months 11-2024: 1.5% 12-2024: 1.5%● unchanged vs 11-2024 01-2025: 1.5%● unchanged vs 12-2024 02-2025: 1.5%● unchanged vs 01-2025 03-2025: 1.5%● unchanged vs 02-2025 04-2025: 1.5%● unchanged vs 03-2025 05-2025: 1.4%▼ -0.1 percentage points vs 04-2025 06-2025: 1.4%● unchanged vs 05-2025 07-2025: 1.4%● unchanged vs 06-2025 08-2025: 1.4%● unchanged vs 07-2025 09-2025: 1.3%▼ -0.1 percentage points vs 08-2025 10-2025: 1.5%▲ +0.2 percentage points vs 09-2025 11-2025: 2.2%▲ +0.7 percentage points vs 10-2025highest value 12-2025: 1.1%▼ -1.1 percentage points vs 11-2025 01-2026: 1.1%● unchanged vs 12-2025 02-2026: 1.1%● unchanged vs 01-2026 03-2026: 1.1%● unchanged vs 02-2026 04-2026: 1.1%● unchanged vs 03-2026lowest value 05-2026: 1.1%● unchanged vs 04-2026lowest value 06-2026: 1.1%● unchanged vs 05-2026lowest value 07-2026: 1.1%● unchanged vs 06-2026 08-2026: 1.1%● unchanged vs 07-2026 09-2026: 1.1%● unchanged vs 08-2026 10-2026: 1.5%▲ +0.4 percentage points vs 09-2026
No credit on open account
Liquidity ample (current ratio 2.91 against 4.37 in 2024; short-term debt: 32.9% and cash: 4% of total assets), but equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 24, micro): better than 6% on solvency, 34% on liquidity, 69% on profitability and 79% on growth.

The bankruptcy probability was computed on 07-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk+raises risk○neutral
raises risk · Sector Manufacture of basic metals (NACE 24)
KBO
raises risk · Negative equity -€26,376
NBB · annual accounts
raises risk · Liquidity: current ratio 2.91, cash €2,898, halved
NBB · annual accounts
lowers risk · Size: total assets €72,476
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 99 sector peers (2025).
NBB · sector comparison
Position among 99 sector peers
Solvency
better than 13%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 28-10-2025, 3 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
3 days early
2024
3 days early
2023
5 days early
2022
19 days early
2021
19 days early
2020
2 days early
2019
7 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 8 days before the deadline; the sector median for financial year 2024 is 16 days before the deadline, and 29% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 26 October (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
31-03-2026 close08-10-2026 today31-10-2026 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Back to profitnet €6,904
  3. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€26,376 View
  • Caution: Among the weakest 10% on equitysector median €65,834 · 99 companies -€26,376 View
  • Positive: Always filed on timeaccounts within the deadline every year 7 years View
  • Active since 1979founded 16-05-1979 47 years View

By topic

Financials

Fiscal year
2025
Total assets
€72,476
Profit
€6,904
Solvency
-36.4%
Total assets▼ 14.1%
Net result
20192025
Go to Financials

Timeline

Events
12
Since
2016
Next accounts
by 31-10-2026
  1. 26-10-2023Annual accounts filed
  2. 12-10-2022Annual accounts filed
  3. 12-10-2021Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Manufacture of basic metalsNACE 24100
Founded
16-05-1979
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

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