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PLASTIC SOLUTIONS

Active
Private limited companyfounded 2002active for 24 yearsMarkt 18, 2270 Herenthout, BelgiumKBO/BCE: BE 0477.303.049
Summary

PLASTIC SOLUTIONS has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €353,558 and a net result of €12,699. Equity has been growing by about 11% per year since 2018. Its solvency ranks better than 91% of 158 sector peers (NACE 22, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 10-04-2002 Normal situation
Activity
Manufacture of rubber and plastic products NACE 22260and 1 other
Establishment unit
2.100.592.606 2270 Herenthout, since 30-05-2002
Financial year end
31 December
Peppol
Reachable since 24-10-2025

Board and ownership

Financial position

95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€44,812
▲ 22.7%
Turnover
≈ €180,000
estimated
Profit
€12,699
▲ 44.2%
Equity
€353,558
▼ 15.5%
Total assets
€419,606
▼ 18.9%
Score breakdownraises riskSector: Manufacture of rubber and plastic products (NACE 22)lowers riskLiquidity: current ratio 16.55, cash €87,244Founded in 2002Equity €353,558 (84.3% of total assets)Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 61% of micro companies in rubber and plastics (NACE 22)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 84.3% of total assets
Liquidity 76+8
short-term debt 3.6% · cash 20.8%
Profitability 73+2
return on assets 3.0%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.4% (358 companies, NACE 22, micro)
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: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025highest value 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 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: < 0.1%▼ -0.1 percentage points vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 16.55 (8.39 in 2024), above the usual 1.5. Short-term debt is 3.6% and cash 20.8% of total assets. 15.7% 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 22, micro). It does better than 90% of them on solvency, 78% on liquidity, 53% on profitability and 21% on growth.

The bankruptcy probability was computed on 02-11-2026 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
lowers risk · Liquidity: current ratio 16.55, cash €87,244
NBB · annual accounts
lowers risk · Founded in 2002
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €353,558 (84.3% of total assets)
NBB · annual accounts
raises risk · Sector: Manufacture of rubber and plastic products (NACE 22)
KBO
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
31 days early
2023
33 days early
2022
60 days late
2021
6 days early
2020
89 days late
2019
on the day
← 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 11 days after the deadline. In the sector (NACE 22), the median for financial year 2024 was 14 days before the deadline, and 34% 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 25 July (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

  • Positive: Higher solvency than 91% of companies in rubber and plasticssector median 37.8% · 158 companies 84.3% View
  • Positive: 5 profitable years in a rowprofit 2025: €12,699 5 years View

Recent changes

  1. · Gazette deed Change of role: SMEEKENS Nestor Sylvain Johan, from enige zaakvoerder to director
  2. · Gazette deed Registered office moved within Herenthout
  3. · Gazette deed Registered office moved from Grobbendonk to Herenthout
All 19 events

Comparable companies

These companies have the same main activity as PLASTIC SOLUTIONS: manufacture of rubber and plastic products (NACE 22260). They are comparable in size and age: total assets between €171,000 and €444,000, founded between 1999 and 2005.

CompanyTotal assetsGross margin
PLASTIC SOLUTIONS Herenthout€419,606€44,812
CLEAN BAKING PRODUCTS Zwijndrecht€443,813€79,881
VERMEIREN Bornem€251,951€29,365
BEWOOD Verviers€411,753€63,362
KX CONCEPT Pepinster€270,500€55,827
Publi Ropart Lier€170,589€72,624
PLEXI DECO Namur€309,149€99,693
Full comparison

Key facts about PLASTIC SOLUTIONS

What is the company number of PLASTIC SOLUTIONS?
The company number of PLASTIC SOLUTIONS is 0477.303.049. The VAT number is the same number with BE in front: BE 0477.303.049.
Where is PLASTIC SOLUTIONS based?
The registered office is at Markt 18, 2270 Herenthout.Company details
What does PLASTIC SOLUTIONS do?
According to the KBO register, the main activity is manufacture of rubber and plastic products (NACE 22260).
What is the legal form of PLASTIC SOLUTIONS?
The legal form of PLASTIC SOLUTIONS is Private limited company (BV).
When was PLASTIC SOLUTIONS founded?
PLASTIC SOLUTIONS was founded on 10-04-2002.
Is PLASTIC SOLUTIONS still active?
Yes, PLASTIC SOLUTIONS is an active enterprise in the KBO register.
What is the turnover of PLASTIC SOLUTIONS?
The turnover in financial year 2025 is ≈ €180,000. This figure is estimated from the gross margin of €44,812 and 2,954 comparable companies of the same size. It probably lies between €110,000 and €320,000. It is a rough estimate.Financials
Is PLASTIC SOLUTIONS profitable?
In financial year 2025, PLASTIC SOLUTIONS made a profit of €12,699.
Where can I find the annual accounts of PLASTIC SOLUTIONS?
PLASTIC SOLUTIONS filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PLASTIC SOLUTIONS due?
PLASTIC SOLUTIONS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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