Plasticor
ActiveFinancials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 12-06-2026 PDF all 49 filings
Turnover
≈ €1.8m
Estimated: probably between €1.2m and €3.1m
Total assets
€4.6m▲ 2.3%
2024 · €4.5m
Net result
€234,810▲ 35.1%
2024 · €173,801
Working capital
€381,307▲ 96.7%
2024 · €193,895
In the rankings
#1 oldest company in Wuustwezel#4 company by equity in Wuustwezel, Wholesale and retail trade sector#8 company by total assets in Wuustwezel, Wholesale and retail trade sector
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
€180,943
▲ 109%
2025
20182025
Net result
€234,810
▲ 35.1%
2025
highest quarter of the sector
20182025
Equity
€3.5m
▲ 7.1%
2025
highest quarter of the sector
20182025
Total assets
€4.6m
▲ 2.3%
2025
highest quarter of the sector
20182025
Debt
€1.2m
▼ 10.1%
2025
20182025
Working capital
€381,307
▲ 96.7%
2025
middle half of the sector
20182025
Solvency
75.1%
▲ 3.4pp
2025
highest quarter of the sector
20182025
Current ratio
1.33
▲ 0.18
2025
middle half of the sector
20182025
Return on assets (ROA)
5.1%
▲ 1.2pp
2025
middle half of the sector
20182025
Staff (FTE)
2.4
▼ 14.3%
2025
middle half of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€0.1m--€0.04m▲ 70.3%€0.2m€0.02m▼ 89.7%€0.1m▲ 475%€0.2m▲ 45.5%€0.09m▼ 55.3%€0.2m▲ 109%
Net result-€0.1m-€0.2m€0.2mabove the sector's middle half▼ 5.3%€0.1mwithin the sector's middle half▼ 51.1%€0.2mabove the sector's middle half▲ 103%€0.3mabove the sector's middle half▲ 25.3%€0.2mabove the sector's middle half▼ 31.1%€0.2mabove the sector's middle half▲ 35.1%
Equity€1.4m-€2.5m▲ 76.7%€2.6mabove the sector's middle half▲ 4.1%€2.6mabove the sector's middle half▲ 3.5%€2.8mabove the sector's middle half▲ 7.4%€3.1mabove the sector's middle half▲ 8.7%€3.3mabove the sector's middle half▲ 5.6%€3.5mabove the sector's middle half▲ 7.1%
Total assets€1.5m-€5.8m▲ 297%€3.9mabove the sector's middle half▼ 33.0%€3.8mabove the sector's middle half▼ 3.5%€3.8mabove the sector's middle half▲ 1.9%€4.5mabove the sector's middle half▲ 17.5%€4.5mabove the sector's middle half▲ 0.9%€4.6mabove the sector's middle half▲ 2.3%
Debt€0.08m-€3.4m▲ 43×€1.3m▼ 60.1%€1.1m▼ 16.7%€1.0m▼ 11.1%€1.4m▲ 42.6%€1.3m▼ 9.3%€1.2m▼ 10.1%
Working capital€0.6m--€2.1m-€0.3mbelow the sector's middle half▲ 84.2%-€0.4mbelow the sector's middle half▼ 13.6%-€0.2mbelow the sector's middle half▲ 49.7%-€0.004mbelow the sector's middle half▲ 98.1%€0.2mwithin the sector's middle half€0.4mwithin the sector's middle half▲ 96.7%
Solvency94.7%-42.2%▼ 52.5pp65.6%above the sector's middle half▲ 23.4pp70.3%above the sector's middle half▲ 4.7pp74.1%above the sector's middle half▲ 3.8pp68.5%above the sector's middle half▼ 5.5pp71.7%above the sector's middle half▲ 3.2pp75.1%above the sector's middle half▲ 3.4pp
Current ratio8.54-0.37▼ 8.170.73below the sector's middle half▲ 0.360.65below the sector's middle half▼ 0.070.81below the sector's middle half▲ 0.151.00below the sector's middle half▲ 0.191.15below the sector's middle half▲ 0.151.33within the sector's middle half▲ 0.18
Return on assets (ROA)-6.6%-3.7%▲ 10.3pp5.2%within the sector's middle half▲ 1.5pp2.6%within the sector's middle half▼ 2.6pp5.2%within the sector's middle half▲ 2.6pp5.6%within the sector's middle half▲ 0.3pp3.8%within the sector's middle half▼ 1.8pp5.1%within the sector's middle half▲ 1.2pp
Staff (FTE)2.3-2▼ 13.0%2within the sector's middle half=2within the sector's middle half=1.1▼ 45.0%2within the sector's middle half▲ 81.8%2.8within the sector's middle half▲ 40.0%2.4within the sector's middle half▼ 14.3%
above
within
below
The sector band is the middle half of the companies in Wholesale trade (NACE 46). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 109% higher than in 2024. It is a recovery after the fall in 2024.
Large changes and their cause
- 2022 Net result +103% on 2021. The accounts now follow the micro format, last year the abbreviated format.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.6m
Fixed assets
€3.1m ▲ 1.5%
Current assets
€1.5m ▲ 3.9%
Equity and liabilities €4.6m
Equity
€3.5m ▲ 7.1%
Debt
€1.2m ▼ 10.1%
Debt's share of the balance-sheet total falls from 28.3% to 24.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€203,102▲
2024 · €110,533
Cash flow
€256,969▲
2024 · €197,586
Quick ratio
1.31▲
2024 · 1.13
Debt to equity
0.33▼
2024 · 0.39
ROE
6.7%▲
2024 · 5.3%
Interest coverage
25.74▲
2024 · 7.95
Debt ≤ 1 year
€1.2m▼
2024 · €1.3m
Income taxes
€72,195▲
2024 · €44,441
Staff costs
€153,052▼
2024 · €177,615
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 2 | 1 | 3 | 3 | 3 |
| full-time | 2 | 1 | 2 | 2 | 3 |
| part-time | - | - | 1 | 1 | 0 |
| in full-time equivalents | 2 | 1 | 2.8 | 2.8 | 3 |
| Average over the year, in full-time equivalents | 2 | 1.1 | 2 | 2.8 | 2.4 |
| On a permanent contract | 2 | 1 | 3 | 3 | 3 |
| Joined | - | 0 | 2 | - | 1 |
| Left | - | 1 | 0 | - | 1 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €29,099 | €6,965 | €72,142 | - | €68,470 |
| Financial fixed assets | €12,500 | - | - | - | - |
| Depreciation and write-downs of the year | €7,988 | €9,519 | €14,100 | €23,786 | €22,159 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | €2,000 | €639 | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | - | - | - | €88,465 | €54,216 | €94,974 | €177,615 | €153,052 | ▼ 13.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €52,332 | €20,928 | €15,452 | €7,988 | €9,519 | €14,100 | €23,786 | €22,159 | ▼ 6.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | - | - | - | €651 | - |
| Other operating charges640/8 | - | - | - | €2,552 | €907 | €1,582 | €1,377 | €1,447 | ▲ 5.1% |
| Non-recurring operating charges66A | - | - | - | - | - | - | - | €1,289 | - |
| Gross operating margin9900 | €74,065 | €70,771 | €342,751 | €122,224 | €198,050 | €304,794 | €289,525 | €359,541 | ▲ 24.2% |
| Operating profit (loss)9901 | -€129,816 | -€38,594 | €225,591 | €23,219 | €133,408 | €194,137 | €86,747 | €180,943 | ▲ 109% |
| Financial income75/76B | - | - | - | €90,018 | €90,011 | €120,000 | €145,395 | €133,954 | ▼ 7.9% |
| Recurring financial income75 | €34,529 | €534,039 | €77 | €90,018 | €90,011 | €120,000 | €145,395 | €133,954 | ▼ 7.9% |
| Financial charges65/66B | - | - | - | €2,905 | €1,344 | €473 | €13,900 | €7,892 | ▼ 43.2% |
| Recurring financial charges65 | €735 | €314 | €3,832 | €2,905 | €1,344 | €473 | €13,900 | €7,892 | ▼ 43.2% |
| Profit (loss) for the period before taxes9903 | -€96,021 | €236,995 | €221,836 | €110,332 | €222,075 | €313,664 | €218,242 | €307,005 | ▲ 40.7% |
| Income taxes67/77 | €881 | €23,346 | €19,546 | €11,394 | €20,870 | €61,564 | €44,441 | €72,195 | ▲ 62.5% |
| Profit (loss) for the period9904 | -€96,903 | €213,649 | €202,290 | €98,938 | €201,205 | €252,101 | €173,801 | €234,810 | ▲ 35.1% |
| Profit (loss) for the period to be appropriated9905 | -€96,903 | €213,649 | €202,290 | €98,938 | €201,205 | €252,101 | €173,801 | €234,810 | ▲ 35.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.5m | €5.8m | €3.9m | €3.8m | €3.8m | €4.5m | €4.5m | €4.6m | ▲ 2.3% |
| Fixed assets21/28 | €0.8m | €4.6m | €3.0m | €3.0m | €3.0m | €3.1m | €3.1m | €3.1m | ▲ 1.5% |
| Intangible fixed assets21 | €0.003m | €0.002m | - | - | - | - | - | - | - |
| Tangible fixed assets22/27 | €0.03m | €0.01m | €0.006m | €0.03m | €0.02m | €0.08m | €0.06m | €0.1m | ▲ 76.8% |
| Plant, machinery and equipment23 | - | - | - | €0.003m | €0.001m | €0 | - | - | - |
| Furniture and vehicles24 | - | - | - | €0.02m | €0.02m | €0.08m | €0.06m | €0.1m | ▲ 76.8% |
| Financial fixed assets28 | €0.8m | €4.6m | €3.0m | €3.0m | €3.0m | €3.0m | €3.0m | €3.0m | = |
| Current assets29/58 | €0.7m | €1.2m | €0.9m | €0.7m | €0.8m | €1.4m | €1.5m | €1.5m | ▲ 3.9% |
| Stocks and contracts in progress3 | €0.08m | €0.07m | €0.02m | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | ▼ 10.7% |
| Stocks30/36 | - | - | - | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | ▼ 10.7% |
| Amounts receivable within one year40/41 | €0.2m | €0.1m | €0.1m | €0.08m | €0.1m | €0.1m | €0.1m | €0.2m | ▲ 43.2% |
| Trade receivables40 | - | - | - | €0.07m | €0.1m | €0.1m | €0.1m | €0.2m | ▲ 71.2% |
| Other amounts receivable41 | - | - | - | €0.009m | - | - | €0.03m | €0.01m | ▼ 67.3% |
| Current investments50/53 | - | - | - | - | - | €0.8m | €0.8m | €0.8m | ▲ 1.2% |
| Cash at bank and in hand54/58 | €0.4m | €1.0m | €0.7m | €0.6m | €0.6m | €0.5m | €0.5m | €0.5m | ▼ 3.2% |
| Deferred charges and accrued income490/1 | - | - | - | €0.001m | €0.003m | €0.005m | €0.008m | €0.01m | ▲ 28.8% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.5m | €5.8m | €3.9m | €3.8m | €3.8m | €4.5m | €4.5m | €4.6m | ▲ 2.3% |
| Equity10/15 | €1.4m | €2.5m | €2.6m | €2.6m | €2.8m | €3.1m | €3.3m | €3.5m | ▲ 7.1% |
| Contributions10/11 | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Capital10 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Issued capital100 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Revaluation surpluses12 | - | - | - | €0.8m | €0.8m | €0.8m | €0.8m | €0.8m | = |
| Reserves13 | €1.1m | €1.3m | €1.5m | €1.6m | €1.8m | €2.2m | €2.4m | €2.6m | ▲ 9.7% |
| Non-distributable reserves130/1 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Legal reserve130 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Distributable reserves133 | - | - | - | €1.6m | €1.8m | €2.2m | €2.4m | €2.6m | ▲ 9.7% |
| Profit (loss) carried forward14 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0 | €0 | €0 | - |
| Amounts payable17/49 | €0.08m | €3.4m | €1.3m | €1.1m | €1.0m | €1.4m | €1.3m | €1.2m | ▼ 10.1% |
| Amounts payable after more than one year17 | - | - | €0.1m | €0.008m | - | - | - | - | - |
| Financial debts170/4 | - | - | - | €0.008m | - | - | - | - | - |
| Amounts payable within one year42/48 | €0.08m | €3.4m | €1.2m | €1.1m | €1.0m | €1.4m | €1.3m | €1.2m | ▼ 10.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.1m | €0.008m | €0 | - | - | - |
| Financial debts43 | - | - | - | - | - | €48 | €0 | €252 | - |
| Credit institutions430/8 | - | - | - | - | - | - | - | €252 | - |
| Other loans439 | - | - | - | - | - | €48 | €0 | - | - |
| Trade debts44 | €0.06m | €0.07m | €0.06m | €0.04m | €0.09m | €0.04m | €0.05m | €0.1m | ▲ 119% |
| Suppliers440/4 | - | - | - | €0.04m | €0.09m | €0.04m | €0.05m | €0.1m | ▲ 119% |
| Taxes, remuneration and social security45 | - | - | - | €0.01m | €0.02m | €0.04m | €0.05m | €0.06m | ▲ 13.5% |
| Taxes450/3 | - | - | - | €0.001m | €0.01m | €0.03m | €0.02m | €0.04m | ▲ 74.7% |
| Remuneration and social security454/9 | - | - | - | €0.01m | €0.005m | €0.02m | €0.03m | €0.02m | ▼ 40.6% |
| Other amounts payable47/48 | - | - | - | €1.0m | €0.9m | €1.3m | €1.2m | €1.0m | ▼ 16.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€0.1m | €0.2m | €0.2m | €0.1m | €0.2m | €0.3m | €0.2m | €0.2m | ▲ 35.1% |
| + Depreciation and write-downs630 | €0.05m | €0.02m | €0.02m | €0.008m | €0.01m | €0.01m | €0.02m | €0.02m | ▼ 6.8% |
| Operating cash flow (approximation) | -€0.04m | €0.2m | €0.2m | €0.1m | €0.2m | €0.3m | €0.2m | €0.3m | ▲ 30.1% |
| Investment in fixed assets (approximation) | - | -€3.8m | €1.6m | -€0.04m | -€0.007m | -€0.07m | €0 | -€0.07m | - |
| Change in cash | - | €0.7m | -€0.3m | -€0.1m | €0.02m | -€0.2m | €0.02m | -€0.02m | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 49 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 12-06-2026 | 2026-00155973 | |
| 31-12-2024 | abbreviated format | 08-04-2025 | 2025-00065229 | |
| 31-12-2023 | abbreviated format | 17-06-2024 | 2024-00133382 | |
| 31-12-2022 | micro format | 12-06-2023 | 2023-00118198 | |
| 31-12-2021 | abbreviated format | 13-06-2022 | 2022-20057938 | |
| 31-12-2020 | abbreviated format | 15-06-2021 | 2021-19700122 | |
| 31-12-2019 | abbreviated format | 29-06-2020 | 2020-21500209 | |
| 31-12-2018 | abbreviated format | 26-06-2019 | 2019-22200489 | |
| 31-12-2017 | abbreviated format | 22-06-2018 | 2018-21900050 | |
| 31-12-2016 | abbreviated format | 06-07-2017 | 2017-28800434 |