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Plastigi

Active
Public limited companyfounded 196858 yrs activeLenskensdijk 3, 2200 Herentals, BelgiumKBO/BCE: BE 0406.043.681

Plastigi has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.22M and a net result of €13k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 58% of 157 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
58 / 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability19▼-72
Solvency78▼-10
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €300k at 30 days acceptable
Liquidity short (current ratio 0.79 against 0.87 in 2024; short-term debt: 36.4% and cash: 0.6% of total assets), and 47.3% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Nine signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 58 years 0 60 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 22
Relative position
BE, all sectors
reference
Sector 22
higher
← fewer bankruptcies more bankruptcies →
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
52.7%
Return on assets
0.1%
Age of the figures
18 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year €5.22M
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 29-10-2025, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
2 d early
2024
on the day
2023
16 d late
2022
77 d late
2021
18 d late
2020
18 d late
2019
2 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven months
Position in the running window
31-03-2026 close18-09-2026 today31-10-2026 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

Financials · fiscal year 2025, abbreviated schema

Equity
€5.22M▲ 2.8%
2024 · €5.08M
2019: €1.14M 2020: €1.17M 2021: €1.22M 2022: €1.25M 2023: €1.77M 2024: €5.08M
2019 → 2025
Total assets
€9.91M▲ 23.4%
2024 · €8.03M
2019: €5.01M 2020: €5.05M 2021: €4.96M 2022: €4.58M 2023: €5.23M 2024: €8.03M
2019 → 2025
Net result
€13k▼ 99.6%
2024 · €3.35M
2019: €5k 2020: €27k 2021: €72k 2022: €73k 2023: €551k 2024: €3.35M
2019 → 2025
Working capital
€-764k▼ 122%
2024 · €-344k
2019: €70k 2020: €-163k 2021: €-50k 2022: €-141k 2023: €242k 2024: €-344k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€1.22M-€1.25M▲ 2.2%€1.77M▲ 42.0%€5.08M▲ 187%€5.22M▲ 2.8%
Operating result€144k-€118k▼ 17.9%€98k▼ 17.0%€150k▲ 52.6%€-448k
Net result€72k-€73k▲ 2.5%€551k▲ 651%€3.35M▲ 508%€13k▼ 99.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€-1.00M€0€1.00M€2.00M€3.00MOperating result 2021: €144k€144kNet result 2021: €72k€72kOperating result 2022: €118k€118kNet result 2022: €73k€73kOperating result 2023: €98k€98kNet result 2023: €551k€551kOperating result 2024: €150k€150kNet result 2024: €3.35M€3.35MOperating result 2025: €-448k€-448kNet result 2025: €13k€13k20212022202320242025
The operating result turns negative in 2025: a loss of €448k after €150k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €9.91M
Fixed assets €7.07M▲ 25.1%
Current assets €2.84M▲ 19.4%
Equity and liabilities €9.91M
Equity €5.22M▲ 2.8%
Provisions €36k
Debt €4.65M▲ 57.6%
The debt ratio rises from 36.7% to 46.9%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€3k
2024 · €468k
Cash flow
€465k
2024 · €3.67M
Solvency
52.7%
2024 · 63.3%
Current ratio
0.79
2024 · 0.87
Quick ratio
0.37
2024 · 0.35
Debt / equity
0.89
2024 · 0.58
ROE
0.3%
2024 · 65.9%
ROA
0.1%
2024 · 41.7%
Interest coverage
0.03
2024 · 4.93
Debt
€4.65M
2024 · €2.95M
Debt ≤ 1 year
€3.60M
2024 · €2.72M
Debt > 1 year
€1.05M
2024 · €229k
Income taxes
€22k
2024 · €12k
Staff costs
€1.78M
2024 · €1.89M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€8.03M€9.91M
Fixed assets21/28€5.65M€7.07M
Intangible fixed assets21€7k€5k
Tangible fixed assets22/27€2.65M€4.07M
Land and buildings22€965k€995k
Plant, machinery and equipment23€1.67M€3.06M
Furniture and vehicles24€12k€10k
Financial fixed assets28€3.00M€3.00M=
Current assets29/58€2.38M€2.84M
Stocks and contracts in progress3€1.43M€1.49M
Stocks30/36€1.33M€1.38M
Contracts in progress37€95k€114k
Amounts receivable within one year40/41€751k€1.26M
Trade receivables40€693k€1.09M
Other amounts receivable41€59k€165k
Cash at bank and in hand54/58€202k€62k
Deferred charges and accrued income490/1-€29k
Equity and liabilities
Total equity and liabilities10/49€8.03M€9.91M
Equity10/15€5.08M€5.22M
Contributions10/11€312k€312k=
Capital10€312k€312k=
Issued capital100€312k€312k=
Revaluation surpluses12€786k€786k=
Reserves13€3.98M€3.98M=
Non-distributable reserves130/1€31k€31k=
Legal reserve130€31k€31k=
Distributable reserves133€3.95M€3.95M=
Profit (loss) carried forward14€177€747
Investment grants15-€143k
Provisions and deferred taxes16-€36k
Deferred taxes168-€36k
Amounts payable17/49€2.95M€4.65M
Amounts payable after more than one year17€229k€1.05M
Financial debts170/4€229k€1.05M
Amounts payable within one year42/48€2.72M€3.60M
Current portion of amounts payable after more than one year42€249k€274k
Financial debts43€1.30M€1.68M
Credit institutions430/8€1.30M€1.68M
Trade debts44€741k€1.38M
Suppliers440/4€741k€1.38M
Taxes, remuneration and social security45€301k€194k
Taxes450/3€92k€64k
Remuneration and social security454/9€209k€130k
Other amounts payable47/48€128k€69k
Income statement Code20242025
Remuneration, social security and pensions62€1.89M€1.78M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€318k€451k
Other operating charges640/8€43k€35k
Non-recurring operating charges66A€8k-
Gross operating margin9900€2.41M€1.81M
Operating profit (loss)9901€150k€-448k
Financial income75/76B€3.31M€596k
Recurring financial income75€227k€536k
Non-recurring financial income76B€3.08M€60k
Financial charges65/66B€95k€117k
Recurring financial charges65€95k€117k
Profit (loss) for the period before taxes9903€3.36M€31k
Transfer from deferred taxes780-€4k
Income taxes67/77€12k€22k
Profit (loss) for the period9904€3.35M€13k
Profit (loss) for the period to be appropriated9905€3.35M€13k
Appropriation of the result
Profit (loss) to be appropriated9906€3.35M€14k
Profit (loss) brought forward from the previous period14P-€177
Transfer from equity791/2-€1k
Transfer to equity691/2€3.31M-
To the legal reserve6920€25k-
To other reserves6921€3.29M-
Profit to be distributed694/7€39k€14k
Return on contributions (dividend)694€39k€14k
Social balance
Average headcount (FTE)908733.731.5

The notes to these accounts (28 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-10-2026
2025
29-10
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
31-10
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
31-03
Financial Highest result since 2019net €3.35M ▲508%
Operating result €150k, net result €3.35M, both a record.
31-03
Financial Equity above €5MEq €5.08M ▲187%
6 profitable years in a row build equity to €5.08M.
2023
16-11
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 16 days late
16-01
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 77 days late
2021
18-11
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 18 days late
2020
18-11
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 18 days late
2019
29-10
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
28-09
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
14-11
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 14 days late
2015
16-12
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
11 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, Herentals · 2 establishment units since 1995
establishment All 2 establishment units on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Lenskensdijk 32200 Herentals
Ground area
4.5 ha
Building footprint
4,173 m²
Volume, LiDAR
28,575 m³
2 parcels, Flanders · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Plastigi
Lenskensdijk 3, 2200 HerentalsManufacture of rubber and plastic products
since 19952.001.815.526
Plastigi
Hannekenshoek(HRT) 25, 2200 HerentalsManufacture of rubber and plastic products
since 20162.252.793.227
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13302D0695/00A002 Flanders 3.0 ha 1 · 755 m² 10.0 m · 3 fl.
13027A0474/00H000 Flanders 1.5 ha 1 · 3,418 m² 10.3 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 11 entries · 246,779 EUR awarded · 144,621 EUR paid
Year Entries awardedpaid
2025 4 13,571 EUR10,585 EUR
2024 4 213,295 EUR115,792 EUR
2023 2 12,413 EUR10,744 EUR
2022 1 7,500 EUR7,500 EUR
Schemes
GREEN-investeringssteun (Groener en Efficiënter Energieverbruik)
3 entries · 198,345 EUR · 99,173 EUR paid · Fonds voor Innoveren en Ondernemen
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
4 entries · 27,084 EUR · 24,098 EUR paid · Fonds voor Innoveren en Ondernemen
Subsidies voor internationaal ondernemen
3 entries · 18,900 EUR · 18,900 EUR paid · Vlaams Agentschap voor Internationaal Ondernemen
Vlaams opleidingsverlof (VOV)
1 entry · 2,450 EUR · 2,450 EUR paid · Departement Werk en Sociale Economie

Recognitions · licences · registrations

Food safety, FASFC

1 site
Herentals2.252.793.227
1 permission
Detailhandel LM>3 maand · since 01-04-2024

Similar companies · same sector, comparable size

Of 602 companies in sector 22260 we hold annual accounts for 282. 152 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded01-01-1968
Fiscal year end31-03
Activities, NACEBEL
22260Manufacture of rubber and plastic products
25240
25639Manufacture of fabricated metal products, except machinery and equipment
31004Manufacture of dining room, living room, bedroom and bathroom furniture
31009Manufacture of furniture
31092Manufacture of furniture
46370Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 47 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.