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PLASTICBOIS CONSTRUCT

Active
Private limited company (pre-2019)founded 198838 yrs activeChemin à Haies(BLA) 38, 7321 Bernissart, BelgiumKBO/BCE: BE 0433.637.510
Summary

The computed 12-month bankruptcy probability of PLASTICBOIS CONSTRUCT is 4.9% (elevated). The 2024 annual accounts show negative equity (-€19,588) and a net result of -€25,369. Equity is shrinking by ~22.2% per year across the filed fiscal years. Its solvency ranks better than 8% of 36399 sector peers (fiscal year 2024). The company has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch ReportCompare
PLASTICBOIS CONSTRUCTActiveChecked score 34/100
Risk analysis ReportCompare

Overview

Activity
Joinery installation
NACE 43320NACE 45421
#1 oldest company in Bernissart, Construction sector1 site
Size
€141,477total assets 2024
Equity
-€19,588
Loss
-€25,369
Turnover not published (abridged schema)
Financial health
34 Weak Checked score 2024
Bankruptcy chance 12 m
4.9%
Structure
Accounts 66 d overdue0 of 3 deeds read
Why 34- Liquidity: current ratio 0.69- Sector Specialised construction activities (NACE 43)+ Founded in 1988+ Size: total assets €141,477Show the evidence

Checked score

Score 2024
34 / 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 3% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2023
Weak
Solvency 11-16
equity -13.8% of total assets
Liquidity 0=
short-term debt 113.8%
Profitability 0-7
return on assets -17.9%
Bankruptcy probability, 12 months
4.9% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,514 companies)
Last 24 months 11-2024: 9.6% 12-2024: 10.1%▲ +5.5% vs 11-2024highest value 01-2025: 3.9%▼ -61.7% vs 12-2024 02-2025: 3.9%● 0.0% vs 01-2025 03-2025: 3.9%● 0.0% vs 02-2025 04-2025: 3.8%▼ -1.8% vs 03-2025 05-2025: 3.7%▼ -1.2% vs 04-2025 06-2025: 3.6%▼ -5.0% vs 05-2025lowest value 07-2025: 3.9%▲ +8.9% vs 06-2025 08-2025: 4.2%▲ +9.5% vs 07-2025 09-2025: 4.2%▼ -1.3% vs 08-2025 10-2025: 4.5%▲ +6.8% vs 09-2025 11-2025: 4.6%▲ +3.8% vs 10-2025 12-2025: 5.2%▲ +11.5% vs 11-2025 01-2026: 5.2%● 0.0% vs 12-2025 02-2026: 5.2%● 0.0% vs 01-2026 03-2026: 5.2%● 0.0% vs 02-2026 04-2026: 5.2%▼ -0.4% vs 03-2026 05-2026: 5.1%▼ -1.1% vs 04-2026 06-2026: 5.0%▼ -2.2% vs 05-2026 07-2026: 5.1%▲ +2.0% vs 06-2026 08-2026: 5.4%▲ +5.7% vs 07-2026 09-2026: 5.1%▼ -4.6% vs 08-2026 10-2026: 4.9%▼ -4.3% vs 09-2026
  • Liquidity: current ratio 0.69 raises the probability
  • Founded in 1988 lowers the probability for this profile
  • Sector Specialised construction activities (NACE 43) raises the probability
  • Size: total assets €141,477 lowers the probability for this profile
No credit on open account
Liquidity short (current ratio 0.69 against 0.82 in 2023; short-term debt: 113.8% of total assets), and equity is negative.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 6%, liquidity 1%, profitability 4%, growth against the median 1%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Liquidity: current ratio 0.69
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Founded in 1988
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Sector Specialised construction activities (NACE 43)
In the bankruptcy model this factor raises the probability.
KBO
lowers risk · Size: total assets €141,477
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€19,588
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-10-2025, 92 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
92 d late
2023
128 d late
2022
493 d late
2021
92 d late
2020
122 d late
2019
200 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 188 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (1)
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
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Annual accounts filedfiscal year 2023 · micro…
  3. Annual accounts filedfiscal year 2022 · micro…

Key points

  • Risk: Negative equityfiscal year 2024: debts exceed assets -€19,588 View
  • Risk: 4 loss-making years in a rowloss fiscal year 2024 -€25,369 View
  • Caution: Among the weakest 5% on equitysector median €57,952 · 36,416 companies -€19,588 View
  • Caution: Accounts not fileddeadline was 31-07-2026 66 d late View

By topic

Financials

Fiscal year
2024
Total assets
€141,477
Loss
-€25,369
Solvency
-13.8%
Total assets▼ 48.6%
Net result
20182024
Go to Financials

Timeline

Events
11
Since
2017
  1. 31-10-2025Annual accounts filed
  2. 06-12-2024Annual accounts filed
  3. 05-12-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Joinery installationNACE 43320
Founded
03-03-1988
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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