PLASTICBOIS CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of PLASTICBOIS CONSTRUCT is 5.1% (elevated). The 2024 annual accounts show negative equity (-€19,588) and a net result of -€25,369. Equity has been shrinking by about 22% per year since 2018. Its solvency ranks better than 7% of 35,966 sector peers (NACE 43, financial year 2024). The company has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 03-03-1988 Normal situation
- Activity
- Joinery installation NACE 43320
- Joint committee
- 124 Paritair Comité voor het bouwbedrijf · annual accounts 2023
- Establishment unit
- 2.036.429.480 7321 Bernissart, since 29-03-1988
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Financial position
- Bankruptcy probabilitywithin 12 months
- 5.1%
- Gross margin
- €1,410
- Turnover
- ≈ €15,000
- estimated
- Loss
- €25,369
- ▼ 1.1%
- Equity
- -€19,588
- Total assets
- €141,477
- ▼ 48.6%
- Negative equity on 31-12-2024
- 2025 accounts not filed, 97 days past the deadline
Score breakdownraises riskLiquidity: current ratio 0.69Sector: Specialised construction activities (NACE 43)lowers riskFounded in 1988Size: total assets €141,477Show the evidence
Checked score
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 43, micro). It does better than 6% of them on solvency, 1% on liquidity, 4% on profitability and 1% on growth.
The bankruptcy probability was computed on 04-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2024.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
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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Signals
The company filed its last 6 accounts on average 188 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (1)
Financials
Financials · financial year 2024, micro format
2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 5 November 2026.
Annual accounts 2024 filed on 31-10-2025 PDF all 37 filings
Every figure per financial year
The operating result for 2024 is a loss of €24,044, larger than the loss of €23,953 in 2023.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Staff
| Item | 31-12-2021 | 31-12-2022 |
|---|---|---|
| Average over the year, in full-time equivalents | 0.1 | 0.2 |
| Joined | 1 | 0 |
| Left | 1 | 1 |
Source: social balance sheet in the 2021 to 2022 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Tangible fixed assets | €6,175 | - | - | - |
| Depreciation and write-downs of the year | €25,996 | €0 | €17,162 | €22,520 |
Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €1,595 | €5,612 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,450 | €23,945 | €24,719 | €25,996 | €0 | €17,162 | €22,520 | ▲ 31.2% |
| Other operating charges640/8 | - | - | - | €1,077 | €1,614 | €1,400 | €464 | ▼ 66.9% |
| Non-recurring operating charges66A | - | - | - | - | - | - | €2,470 | - |
| Gross operating margin9900 | €32,540 | €30,831 | €39,563 | €27,908 | -€72,590 | -€5,391 | €1,410 | - |
| Operating profit (loss)9901 | €20,873 | €5,619 | €12,205 | -€760 | -€79,817 | -€23,953 | -€24,044 | ▼ 0.4% |
| Financial income75/76B | - | - | - | €17 | €0 | €0 | - | - |
| Recurring financial income75 | €53 | €162 | €97 | €17 | €0 | €0 | - | - |
| Financial charges65/66B | - | - | - | €4,627 | €3,224 | €1,497 | €1,144 | ▼ 23.6% |
| Recurring financial charges65 | €3,715 | €2,521 | €6,198 | €4,627 | €3,224 | €1,497 | €1,144 | ▼ 23.6% |
| Profit (loss) for the period before taxes9903 | €17,212 | €3,261 | €6,103 | -€5,370 | -€83,041 | -€25,451 | -€25,188 | ▲ 1.0% |
| Income taxes67/77 | - | €2,040 | €3,909 | €1,658 | €444 | €195 | €181 | ▼ 7.1% |
| Profit (loss) for the period9904 | €17,212 | €1,221 | €2,195 | -€7,028 | -€83,486 | -€25,646 | -€25,369 | ▲ 1.1% |
| Profit (loss) for the period to be appropriated9905 | €17,212 | €1,221 | €2,195 | -€7,028 | -€83,486 | -€25,646 | -€25,369 | ▲ 1.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €211,929 | €242,344 | €339,605 | €289,259 | €295,341 | €275,080 | €141,477 | ▼ 48.6% |
| Fixed assets21/28 | €25,825 | €67,219 | €93,573 | €73,752 | €71,752 | €54,590 | €29,599 | ▼ 45.8% |
| Tangible fixed assets22/27 | €25,809 | €67,203 | €93,557 | €73,736 | €71,736 | €54,573 | €29,583 | ▼ 45.8% |
| Plant, machinery and equipment23 | - | - | - | €49,881 | €49,881 | €43,646 | €29,583 | ▼ 32.2% |
| Furniture and vehicles24 | - | - | - | €23,855 | €21,855 | €10,927 | €0 | ▼ 100% |
| Financial fixed assets28 | €16 | €16 | €16 | €16 | €16 | €16 | €16 | = |
| Current assets29/58 | €186,104 | €175,124 | €246,032 | €215,507 | €223,589 | €220,490 | €111,878 | ▼ 49.3% |
| Stocks and contracts in progress3 | €18,977 | €10,919 | €10,500 | €10,500 | €0 | - | - | - |
| Stocks30/36 | - | - | - | €10,500 | €0 | - | - | - |
| Amounts receivable within one year40/41 | €167,123 | €117,202 | €125,529 | €184,247 | €223,586 | €220,487 | €111,878 | ▼ 49.3% |
| Trade receivables40 | - | - | - | €166,637 | €209,956 | €220,413 | €108,882 | ▼ 50.6% |
| Other amounts receivable41 | - | - | - | €17,610 | €13,630 | €74 | €2,996 | ▲ 40× |
| Current investments50/53 | - | - | - | - | €3 | €3 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €3 | €3 | €3 | €3 | €0 | - | - | - |
| Deferred charges and accrued income490/1 | - | - | - | €20,756 | €0 | - | - | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €211,929 | €242,344 | €339,605 | €289,259 | €295,341 | €275,080 | €141,477 | ▼ 48.6% |
| Equity10/15 | €118,524 | €119,745 | €121,940 | €114,912 | €31,426 | €5,781 | -€19,588 | - |
| Contributions10/11 | €30,987 | €30,987 | €30,987 | €30,987 | €30,987 | €30,987 | €30,987 | = |
| Reserves13 | €13,097 | €13,097 | €13,097 | €13,097 | €13,097 | €13,097 | €13,097 | = |
| Non-distributable reserves130/1 | - | - | - | €3,099 | €3,099 | €3,099 | €3,099 | = |
| Reserves not available under the articles1311 | - | - | - | €3,099 | €3,099 | €3,099 | €3,099 | = |
| Distributable reserves133 | - | - | - | €9,998 | €9,998 | €9,998 | €9,998 | = |
| Profit (loss) carried forward14 | €74,441 | €75,662 | €77,856 | €70,829 | -€12,657 | -€38,303 | -€63,672 | ▼ 66.2% |
| Amounts payable17/49 | €93,404 | €122,599 | €217,666 | €174,347 | €263,915 | €269,299 | €161,066 | ▼ 40.2% |
| Amounts payable after more than one year17 | €21,599 | €55,619 | €49,573 | €34,185 | €24,956 | €0 | - | - |
| Financial debts170/4 | - | - | - | €34,185 | €24,956 | €0 | - | - |
| Amounts payable within one year42/48 | €71,806 | €66,980 | €168,092 | €140,163 | €238,959 | €269,299 | €161,066 | ▼ 40.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | €14,939 | €8,739 | €24,956 | €0 | ▼ 100% |
| Financial debts43 | - | - | - | €12,911 | €13,150 | €7,772 | €0 | ▼ 100% |
| Credit institutions430/8 | - | - | - | €12,911 | €13,150 | €7,772 | €0 | ▼ 100% |
| Trade debts44 | €43,990 | €35,206 | €21,556 | €5,838 | €27,292 | €10,694 | €1,914 | ▼ 82.1% |
| Suppliers440/4 | - | - | - | €5,838 | €27,292 | €10,694 | €1,914 | ▼ 82.1% |
| Taxes, remuneration and social security45 | - | - | - | €28,901 | €6,514 | €1,636 | €3,656 | ▲ 123% |
| Taxes450/3 | - | - | - | €20,178 | €4,011 | €1,136 | €3,656 | ▲ 222% |
| Remuneration and social security454/9 | - | - | - | €8,722 | €2,503 | €500 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | - | - | €77,574 | €183,264 | €224,241 | €155,497 | ▼ 30.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €17,212 | €1,221 | €2,195 | -€7,028 | -€83,486 | -€25,646 | -€25,369 | ▲ 1.1% |
| + Depreciation and write-downs630 | €9,450 | €23,945 | €24,719 | €25,996 | €0 | €17,162 | €22,520 | ▲ 31.2% |
| Operating cash flow (approximation) | €26,662 | €25,166 | €26,914 | €18,968 | -€83,486 | -€8,483 | -€2,849 | ▲ 66.4% |
| Investment in fixed assets (approximation) | - | -€65,340 | -€51,073 | -€6,175 | €2,000 | €0 | €2,470 | - |
| Change in cash | - | €0 | €0 | €0 | -€3 | - | - | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 6,619 companies had the same profile as PLASTICBOIS CONSTRUCT has now. Two years later, 84.5% were still going and 4.5% had gone bankrupt.
- Micro
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
Another 1.0% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of PLASTICBOIS CONSTRUCT itself: 5.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,619 companies, not a prediction for PLASTICBOIS CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 37 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | micro format | 31-10-2025 | 2025-00563114 | |
| 31-12-2023 | micro format | 06-12-2024 | 2024-00610992 | |
| 31-12-2022 | micro format | 05-12-2024 | 2024-00610168 | |
| 31-12-2021 | micro format | 31-10-2022 | 2022-20484897 | |
| 31-12-2020 | micro format | 30-11-2021 | 2021-79100554 | |
| 31-12-2019 | micro format | 16-02-2021 | 2021-05700156 | |
| 31-12-2018 | micro format | 20-09-2019 | 2019-65000335 | |
| 31-12-2017 | micro format | 28-12-2018 | 2018-75900091 | |
| 31-12-2016 | micro format | 13-10-2017 | 2017-67100262 | |
| 31-12-2015 | full format | 13-10-2017 | 2017-67100263 |
Board & ownership
Directors
Owners and capital
Owners
Mandate history
- Board
- mandate already running before its first mention
| Name | Functions and periods |
|---|---|
| CHARLES Julien |
|
| Frédéric CHARLES |
|
Network & group
PLASTICBOIS CONSTRUCT shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of PLASTICBOIS CONSTRUCT. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
25-10
Gazette deed
Resignation: Frédéric CHARLES (director)2 points ▸
- General meeting, 31-08-2022
- Director resignation, Frédéric CHARLES
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Codes under NACEBEL 2003
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0433.637.510