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PlasticBrain

Active
Private limited companyfounded 20215 yrs activeAllée du Posty 8, 1400 Nivelles, BelgiumKBO/BCE: BE 0768.507.739
Summary

PlasticBrain has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €40,318 and a net result of -€76. Equity is growing by ~13.9% per year across the filed fiscal years. Its solvency ranks better than 95% of 16754 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability19▲+8
Solvency100=
Growth52=
Track record94
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
cash: 1.6% of total assets, and 1% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Human health activities (NACE 86)
about 87% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 5 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
99%
Return on assets
-0.2%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filings
Deviation from the deadline
2025
18 d late
2024
16 d early
2023
21 d late
2022
39 d early
2021
31 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 3 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 18 August (4 of the last 5 filed years within 34 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 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

History

On 18 May 2021, PlasticBrain was incorporated as a Private limited company.1 Total assets went from EUR 14,695 in 2021 to EUR 40,717 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€40,318▼ 0.2%
2024 · €40,394
Total assets
€40,717▼ 0.2%
2024 · €40,793
Net result
-€76▲ 97.0%
2024 · -€2,512
Working capital
€39,764▼ 4.4%
2023 · €41,590
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 86, Human health activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€6,781-€36,502▲ 438%€11,580▼ 68.3%-€4,034-€2,044▲ 49.3%
Net result€4,034below the sector's middle half-€26,773within the sector's middle half▲ 564%€8,599below the sector's middle half▼ 67.9%-€2,512below the sector's middle half-€76below the sector's middle half▲ 97.0%
Equity€7,534below the sector's middle half-€34,307below the sector's middle half▲ 355%€42,906below the sector's middle half▲ 25.1%€40,394below the sector's middle half▼ 5.9%€40,318within the sector's middle half▼ 0.2%
Total assets€14,695below the sector's middle half-€46,860below the sector's middle half▲ 219%€45,048below the sector's middle half▼ 3.9%€40,793below the sector's middle half▼ 9.4%€40,717below the sector's middle half▼ 0.2%
Debt€7,161-€12,554▲ 75.3%€2,142▼ 82.9%€400▼ 81.3%€400=
Working capital€6,403below the sector's middle half-€32,227within the sector's middle half▲ 403%€41,590within the sector's middle half▲ 29.1%€39,764within the sector's middle half▼ 4.4%
Solvency51.3%within the sector's middle half-73.2%within the sector's middle half▲ 21.9pp95.2%above the sector's middle half▲ 22.0pp99.0%above the sector's middle half▲ 3.8pp99.0%above the sector's middle half=
Current ratio1.89within the sector's middle half-3.57within the sector's middle half▲ 1.6720.41above the sector's middle half▲ 16.85
Return on assets (ROA)27.4%within the sector's middle half-57.1%above the sector's middle half▲ 29.7pp19.1%within the sector's middle half▼ 38.0pp-6.2%below the sector's middle half▼ 25.2pp-0.2%below the sector's middle half▲ 6.0pp
above within below the middle half (P25 to P75) of NACE 86, Human health activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000€0€20,000€40,000Operating result 2021: €6,781€6,781Net result 2021: €4,034€4,034Operating result 2022: €36,502€36,502Net result 2022: €26,773€26,773Operating result 2023: €11,580€11,580Net result 2023: €8,599€8,599Operating result 2024: -€4,034-€4,034Net result 2024: -€2,512-€2,512Operating result 2025: -€2,044-€2,044Net result 2025: -€76-€7620212022202320242025-€5,000€0€5,000€10,000Operating result 2023: €11,580€11,600Net result 2023: €8,599€8,600Operating result 2024: -€4,034-€4,030Net result 2024: -€2,512-€2,510Operating result 2025: -€2,044-€2,040Net result 2025: -€76-€76202320242025
The operating result stays negative: a loss of €2,044 in 2025 against €4,034 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €40,717
Fixed assets €226 ▼ 64.0%
Current assets €40,491 ▲ 0.8%
Equity and liabilities €40,717
Equity €40,318 ▼ 0.2%
Debt €400 =
Debt's share of the balance-sheet total stays at 1.0%.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€1,641▲
2024 · -€3,349
Cash flow
€327▲
2024 · -€1,826
Debt to equity
0.01▲
2024 · 0.01
ROE
-0.2%▲
2024 · -6.2%
Interest coverage
-36.46▼
2024 · -23.82
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,442 companies that looked in July 2024 the way this one looks now, 2.1% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a small loss
2.1% went bankrupt
7.3% stopped otherwise
90% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 3,442 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 31 lines
Balance sheet Code20242025
Assets
Total assets20/58€40,793€40,717▼
Fixed assets21/28€630€226▼
Tangible fixed assets22/27€403-
Furniture and vehicles24€403-
Financial fixed assets28€226€226=
Current assets29/58€40,164€40,491▲
Amounts receivable within one year40/41€34,437€39,854▲
Other amounts receivable41€34,437€39,854▲
Cash at bank and in hand54/58€5,726€636▼
Equity and liabilities
Total equity and liabilities10/49€40,793€40,717▼
Equity10/15€40,394€40,318▼
Contributions10/11€3,500€3,500=
Profit (loss) carried forward14€36,894€36,818▼
Amounts payable17/49€400€400=
Amounts payable within one year42/48€400-
Trade debts44€400-
Suppliers440/4€400-
Accrued charges and deferred income492/3-€400
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€686€403▼
Other operating charges640/8€391€400▲
Gross operating margin9900-€2,957-€1,241▲
Operating profit (loss)9901-€4,034-€2,044▲
Financial income75/76B€1,663€2,013▲
Recurring financial income75€1,663€2,013▲
Financial charges65/66B€141€45▼
Recurring financial charges65€141€45▼
Profit (loss) for the period before taxes9903-€2,512-€76▲
Profit (loss) for the period9904-€2,512-€76▲
Profit (loss) for the period to be appropriated9905-€2,512-€76▲
Appropriation of the result
Profit (loss) to be appropriated9906€36,894€36,818▼
Profit (loss) brought forward from the previous period14P€39,406€36,894▼

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,270€361€765€686€403▼ 41.2%
Other operating charges640/8€633€1,450€1,247€391€400▲ 2.2%
Gross operating margin9900€8,684€38,313€13,592-€2,957-€1,241▲ 58.0%
Operating profit (loss)9901€6,781€36,502€11,580-€4,034-€2,044▲ 49.3%
Financial income75/76B-€12-€1,663€2,013▲ 21.1%
Recurring financial income75-€12-€1,663€2,013▲ 21.1%
Financial charges65/66B€19€279€9€141€45▼ 68.0%
Recurring financial charges65€19€279€9€141€45▼ 68.0%
Profit (loss) for the period before taxes9903€6,762€36,234€11,571-€2,512-€76▲ 97.0%
Income taxes67/77€2,729€9,462€2,972---
Profit (loss) for the period9904€4,034€26,773€8,599-€2,512-€76▲ 97.0%
Profit (loss) for the period to be appropriated9905€4,034€26,773€8,599-€2,512-€76▲ 97.0%
Line20212022202320242025Change
Assets
Total assets20/58€14,695€46,860€45,048€40,793€40,717▼ 0.2%
Fixed assets21/28€1,131€2,080€1,315€630€226▼ 64.0%
Tangible fixed assets22/27€905€1,853€1,089€403--
Furniture and vehicles24€905€1,853€1,089€403--
Financial fixed assets28€226€226€226€226€226=
Current assets29/58€13,564€44,781€43,733€40,164€40,491▲ 0.8%
Amounts receivable within one year40/41--€21,643€34,437€39,854▲ 15.7%
Other amounts receivable41--€21,643€34,437€39,854▲ 15.7%
Cash at bank and in hand54/58€3,606€20,337€22,090€5,726€636▼ 88.9%
Deferred charges and accrued income490/1€9,958€24,444----
Equity and liabilities
Total equity and liabilities10/49€14,695€46,860€45,048€40,793€40,717▼ 0.2%
Equity10/15€7,534€34,307€42,906€40,394€40,318▼ 0.2%
Contributions10/11€3,500€3,500€3,500€3,500€3,500=
Profit (loss) carried forward14€4,034€30,807€39,406€36,894€36,818▼ 0.2%
Amounts payable17/49€7,161€12,554€2,142€400€400=
Amounts payable within one year42/48€7,161€12,554€2,142€400--
Trade debts44€2,363€2,090-€400--
Suppliers440/4€2,363€2,090-€400--
Taxes, remuneration and social security45€4,729€4,462€2,142---
Taxes450/3€2,729€2,462€2,142---
Remuneration and social security454/9€2,000€2,000----
Other amounts payable47/48€70€6,002----
Accrued charges and deferred income492/3----€400-
Line20212022202320242025Change
Profit (loss) for the period9904€4,034€26,773€8,599-€2,512-€76▲ 97.0%
+ Depreciation and write-downs630€1,270€361€765€686€403▼ 41.2%
Operating cash flow (approximation)€5,304€27,134€9,364-€1,826€327▲ 118%
Investment in fixed assets (approximation)--€1,310€0€0€0-
Change in cash-€16,731€1,753-€16,364-€5,090▲ 68.9%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
18-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 18 days late
2025
15-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Weakest financial yearnet -€2,512
Net result drops to -€2,512, the lowest in the series; recovery starts the following year.
31-12
Financial Liquidity times 5current ratio 100.49
Current ratio from 20.41 to 100.49; short-term debt falls from €2,142 to €400.
21-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 21 days late
2023
31-12
Financial Liquidity times 6current ratio 20.41
Current ratio from 3.57 to 20.41; short-term debt falls from €12,554 to €2,142.
22-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Highest result since 2021net €26,773 ▲564%
Operating result €36,502, net result €26,773, both a record.
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 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, Nivelles · 1 establishment unit since 2021
seat establishment The establishment unit on the map
Ground area
1,671 m²
Building footprint
242 m²
Volume, LiDAR
497 m³
2 parcels, Wallonia · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PlasticBrain
Place Albert Ier 4, 7181 SeneffeSpecialist medical practice
since 20212.318.064.329
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
52003B0587/00K000 Wallonia 1,190 m² 1 · 155 m² -
25783E0043/00T000 Wallonia 481 m² 1 · 87 m² 7.0 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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 16,629 companies in sector 86220 we hold annual accounts for 7,986. 4,645 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded18-05-2021
Fiscal year end31-12
Activities, NACEBEL 2025
86220Specialist medical practice
E-invoicing
Not found in the Peppol register

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Register as of 28 September 2026 · Peppol Directory

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