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PLASTIC SOLUTIONS

Active
Private limited companyfounded 200224 yrs activeMarkt 18, 2270 Herenthout, BelgiumKBO/BCE: BE 0477.303.049

PLASTIC SOLUTIONS has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €354k and a net result of €13k. Equity is growing by ~11.4% per year across the filed fiscal years. Its solvency ranks better than 91% of 126 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2025
82 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▲+2
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 16.55 against 8.39 in 2024; short-term debt: 3.6% and cash: 20.8% of total assets), and 15.7% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 22
Relative position
BE, all sectors
reference
Sector 22
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 24 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
84.3%
Return on assets
3%
Age of the figures
9 mo
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 d early
2023
33 d early
2022
60 d late
2021
6 d early
2020
89 d late
2019
on the day
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€354k▼ 15.5%
2024 · €418k
2018: €208k 2019: €232k 2020: €217k 2021: €231k 2022: €321k 2023: €410k 2024: €418k
2018 → 2025
Total assets
€420k▼ 18.9%
2024 · €518k
2018: €796k 2019: €778k 2020: €833k 2021: €788k 2022: €631k 2023: €559k 2024: €518k
2018 → 2025
Net result
€13k▲ 44.2%
2024 · €9k
2018: €17k 2019: €34k 2020: €-15k 2021: €14k 2022: €130k 2023: €122k 2024: €9k
2018 → 2025
Working capital
€235k▼ 18.5%
2024 · €288k
2018: €-97k 2019: €-57k 2020: €-70k 2021: €-38k 2022: €63k 2023: €281k 2024: €288k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€231k-€321k▲ 38.9%€410k▲ 28.0%€418k▲ 1.9%€354k▼ 15.5%
Operating result€30k-€195k▲ 562%€180k▼ 8.0%€7k▼ 96.3%€13k▲ 90.5%
Net result€14k-€130k▲ 842%€122k▼ 6.2%€9k▼ 92.8%€13k▲ 44.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100k€150k€200kOperating result 2021: €30k€30kNet result 2021: €14k€14kOperating result 2022: €195k€195kNet result 2022: €130k€130kOperating result 2023: €180k€180kNet result 2023: €122k€122kOperating result 2024: €7k€7kNet result 2024: €9k€9kOperating result 2025: €13k€13kNet result 2025: €13k€13k20212022202320242025
The operating result recovers in 2025; 2025 is 91% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €420k
Fixed assets €170k▼ 11.0%
Current assets €250k▼ 23.6%
Equity and liabilities €420k
Equity €354k▼ 15.5%
Debt €66k▼ 33.5%
The debt ratio falls from 19.2% to 15.7%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€39k
2024 · €32k
Cash flow
€39k
2024 · €34k
Solvency
84.3%
2024 · 80.8%
Current ratio
16.55
2024 · 8.39
Quick ratio
16.55
2024 · 8.39
Debt / equity
0.19
2024 · 0.24
ROE
3.6%
2024 · 2.1%
ROA
3.0%
2024 · 1.7%
Interest coverage
23.48
2024 · 11.54
Debt
€66k
2024 · €99k
Debt ≤ 1 year
€15k
2024 · €39k
Debt > 1 year
€50k
2024 · €59k
Income taxes
€6k
2024 · €4k
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 · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€518k€420k
Fixed assets21/28€191k€170k
Tangible fixed assets22/27€191k€170k
Land and buildings22€161k€150k
Furniture and vehicles24€30k€20k
Current assets29/58€327k€250k
Amounts receivable after more than one year29€197k€100k
Other amounts receivable291€197k€100k
Amounts receivable within one year40/41€51k€58k
Trade receivables40€14k€5k
Other amounts receivable41€37k€52k
Cash at bank and in hand54/58€74k€87k
Deferred charges and accrued income490/1€5k€5k
Equity and liabilities
Total equity and liabilities10/49€518k€420k
Equity10/15€418k€354k
Contributions10/11€19k€19k=
Reserves13€400k€335k
Tax-exempt reserves132€19k€19k=
Distributable reserves133€381k€316k
Amounts payable17/49€99k€66k
Amounts payable after more than one year17€59k€50k
Financial debts170/4€59k€50k
Amounts payable within one year42/48€39k€15k
Current portion of amounts payable after more than one year42€26k€9k
Trade debts44€3k€3k
Suppliers440/4€3k€3k
Taxes, remuneration and social security45€881€1k
Taxes450/3€881€1k
Other amounts payable47/48€9k€2k
Accrued charges and deferred income492/3€2k€1k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€26k
Other operating charges640/8€4k€6k
Gross operating margin9900€37k€45k
Operating profit (loss)9901€7k€13k
Financial income75/76B€9k€7k
Recurring financial income75€9k€7k
Financial charges65/66B€3k€2k
Recurring financial charges65€3k€2k
Profit (loss) for the period before taxes9903€13k€18k
Income taxes67/77€4k€6k
Profit (loss) for the period9904€9k€13k
Profit (loss) for the period to be appropriated9905€9k€13k
Appropriation of the result
Profit (loss) to be appropriated9906€9k€13k
Transfer from equity791/2€859€77k
Transfer to equity691/2€9k€13k
To other reserves6921€9k€13k
Profit to be distributed694/7€859€77k
Return on contributions (dividend)694€859€77k

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
28-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Liquidity triplescurrent ratio 5.61
Current ratio from 1.72 to 5.61; short-term debt falls from €87k to €61k.
29-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
31-12
Financial Highest result since 2018net €130k ▲842%
Operating result €195k, net result €130k, both a record.
31-12
Financial Liquidity triplescurrent ratio 1.72
Current ratio from 0.59 to 1.72; short-term debt falls from €92k to €87k.
25-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Back to profitnet €14k
Net result €14k after one loss-making year.
28-10
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 89 days late
2020
31-12
Financial Weakest financial yearnet €-15k ▼145%
Net result drops to €-15k, the lowest in the series; recovery starts the following year.
31-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
15-11
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 107 days late
2018
27-09
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 58 days late
2017
28-09
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 59 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
4 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, Herenthout · 1 establishment unit since 2002
establishment The establishment unit on the map
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.

Markt 182270 Herenthout
Ground area
280 m²
Building footprint
156 m²
Volume, LiDAR
1,056 m³
Parcel 13012E0387/00N000, Flanders · tallest building 10.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PLASTIC SOLUTIONS
Markt 18, 2270 HerenthoutManufacture of fabricated metal products, except machinery and equipment
since 20022.100.592.606
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13012E0387/00N000 Flanders 279 m² 1 · 156 m² 10.7 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 601 companies in sector 22260 we hold annual accounts for 282. 174 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded10-04-2002
Fiscal year end31-12
Activities, NACEBEL
22260Manufacture of rubber and plastic products
25240
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.