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Plastics Wauters

Active
Public limited companyfounded 197254 years activeRue des Cayats 56, 6001 Charleroi, BelgiumKBO/BCE: BE 0411.961.374
Summary

Plastics Wauters has been active since 1972 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €4.1m and a net result of €153,889. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 47% of 4,935 sector peers (NACE 47, fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).

Overview

Activity
Retail sale of household furniture
NACE 47551Retail sale of hardware, building materials, paint and glass (general range) NACE 47521
2 sites
Size
€9.5mtotal assets 2024
Staff
31.5 FTE
Equity
€4.1m
Profit
€153,889
Financial health
67 Healthy Checked score 2024
Bankruptcy probabilitywithin 12 months
1.1%
Structure
Parent
GROUPE WAUTERS · 100%
Holdings
2
Accounts 69 days overdue0 of 15 deeds read
Why 67- Figures for FY 2024 (filed 27-08-2025)+ Founded in 1972+ Equity €4.1m (43.6% of total assets)+ Legal form Public limited companyShow the evidence

Checked score

Score 2024
67 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 54% of its sector peers (NACE 47, small)
Financial strength · tick = 2023
Average
Solvency 69-8
equity 43.6% of total assets
Liquidity 39+2
short-term debt 43.4% · cash 7.7%
Profitability 71=
return on assets 1.6%
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (3,685 companies)
Last 24 months 11-2024: 0.1%lowest value 12-2024: 0.1%● unchanged vs 11-2024lowest value 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.2%▲ +0.1 percentage points vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.4%▲ +0.2 percentage points vs 07-2025 09-2025: 0.2%▼ -0.2 percentage points vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.6%▲ +0.4 percentage points vs 07-2026 09-2026: 0.7%▲ +0.1 percentage points vs 08-2026 10-2026: 1.1%▲ +0.4 percentage points vs 09-2026highest value
Credit up to €270,000 at 30 days acceptable
Liquidity ample (current ratio 1.59 against 1.8 in 2023; short-term debt: 43.4% and cash: 7.7% of total assets), but 56.4% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 47, small): better than 65% on solvency, 42% on liquidity, 57% on profitability and 53% on growth.

The bankruptcy probability was computed on 07-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2024 (filed 27-08-2025)
NBB · annual accounts
lowers risk · Founded in 1972
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Equity €4.1m (43.6% of total assets)
NBB · annual accounts
lowers risk · Legal form Public limited company
KBO
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2025, 27 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 · 10 filings
Deviation from the deadline
2025
not confirmed
2024
27 days late
2023
29 days late
2022
16 days late
2021
27 days early
2020
26 days late
2019
25 days 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 16 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · full…
  2. Annual accounts filedfiscal year 2023 · full…
  3. Annual accounts filedfiscal year 2022 · full…

Key points

  • Caution: Among the weakest 5% on net resultsector median €40,857 · 4,935 companies -€1.1m View
  • Caution: Accounts not fileddeadline was 31-07-2026 69 days late View
  • Controlled by GROUPE WAUTERSitself parent of 1 companies 100% View
  • Positive: 7 profitable years in a rowprofit 2024: €153,889 7 years View
  • Active since 1972founded 17-01-1972 54 years View

By topic

Financials

Fiscal year
2024
Total assets
€9.5m
Profit
€153,889
Solvency
43.6%
Total assets▲ 23.8%
Net result
20182024
Go to Financials

Timeline

Events
12
Since
2016
  1. 31-12-2022Highest result since 2018
  2. 04-07-2022Annual accounts filed
  3. 26-08-2021Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Public limited company
Activity
Retail sale of household furnitureNACE 47551
Founded
17-01-1972
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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