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PLASTIREC

Active
Public limited companyfounded 198838 yrs activeVaart 22, 2310 Rijkevorsel, BelgiumKBO/BCE: BE 0433.680.268
Summary

PLASTIREC has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €611,344 and a net result of -€186,221. Equity is shrinking by ~15.2% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2028. Its solvency ranks better than 25% of 8741 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Risk analysisWatch ReportCompare
PLASTIRECActiveChecked score 66/100
Risk analysis ReportCompare

Overview

What they do
Wholesale trade
NACE 46872NACE 37200Materials recovery from waste NACE 38210
#3 employer in Rijkevorsel, Wholesale and retail trade sector1 site
How big
€3.1mtotal assets 2025
Staff
15.8 FTE
Equity
€611,344
Loss
-€186,221
Turnover not published (abridged schema)
Financially healthy?
66 Healthy Checked score 2025
Bankruptcy chance 12 m
0.8%
Who decides
Parent
JESPERS HOLDING · 98.88%
Board
1 member
Accounts 53 d early1 of 8 deeds read
Why 66- Size: 15.8 FTE, total assets €3.1m- Equity €611,344 (19.5% of total assets)- Loss of €186,221, the second in a row (FY 2025)- Liquidity: current ratio 0.79, cash €77,077Show the evidence

Checked score

Score 2025
66 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 27% of its sector peers (NACE 46, small)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Average
Solvency 44-3
equity 19.5% of total assets
Liquidity 30-2
short-term debt 46.4% · cash 2.5%
Profitability 61+57
return on assets -5.9%
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (4,359 companies)
Last 24 months 11-2024: 0.7%lowest value 12-2024: 0.7%● 0.0% vs 11-2024lowest value 01-2025: 0.7%● 0.0% vs 12-2024lowest value 02-2025: 0.7%● 0.0% vs 01-2025lowest value 03-2025: 0.8%▲ +1.3% vs 02-2025 04-2025: 0.8%▲ +6.4% vs 03-2025 05-2025: 1.0%▲ +21.6% vs 04-2025 06-2025: 1.0%▲ +1.5% vs 05-2025 07-2025: 2.6%▲ +161% vs 06-2025 08-2025: 2.6%● 0.0% vs 07-2025 09-2025: 2.6%● 0.0% vs 08-2025 10-2025: 2.6%● 0.0% vs 09-2025 11-2025: 2.6%● 0.0% vs 10-2025 12-2025: 2.6%● 0.0% vs 11-2025 01-2026: 2.6%● 0.0% vs 12-2025 02-2026: 2.6%● 0.0% vs 01-2026 03-2026: 3.0%▲ +14.6% vs 02-2026 04-2026: 3.1%▲ +5.7% vs 03-2026 05-2026: 3.3%▲ +7.1% vs 04-2026 06-2026: 3.4%▲ +2.5% vs 05-2026highest value 07-2026: 1.4%▼ -59.7% vs 06-2026 08-2026: 0.8%▼ -38.7% vs 07-2026 09-2026: 0.8%● 0.0% vs 08-2026 10-2026: 0.8%● 0.0% vs 09-2026
  • Size: 15.8 FTE, total assets €3.1m raises the probability for this profile
  • Equity €611,344 (19.5% of total assets) raises the probability
  • Loss of €186,221, the second in a row (FY 2025) raises the probability
  • Liquidity: current ratio 0.79, cash €77,077 raises the probability
Credit up to €40,000 at 30 days acceptable
Liquidity short (current ratio 0.79 against 0.83 in 2024; short-term debt: 46.4% and cash: 2.5% of total assets), and 80.5% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 46, small). Better than this share of them on solvency 22%, liquidity 30%, profitability 46%, growth against the median 9%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610020317, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Size: 15.8 FTE, total assets €3.1m
In the bankruptcy model this factor raises the probability for this profile.
NBB · annual accounts
raises risk · Equity €611,344 (19.5% of total assets)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Loss of €186,221, the second in a row (FY 2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.79, cash €77,077
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€186,221
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-06-2026, 53 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
53 d early
2024
45 d early
2023
37 d early
2022
21 d early
2021
30 d late
2020
32 d late
2019
39 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 8 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% 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 25 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 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
  1. Reappointment: JESPERS HOLDING NV (non-statutory director)Permanent representative: Rudolf Jespers
  2. Annual accounts filedfiscal year 2025 · abbreviated…
  3. Annual accounts filedfiscal year 2024 · abbreviated…

Key points

  • Caution: Among the weakest 5% on net resultsector median €28,793 · 8,721 companies -€186,221 View
  • Positive: Result rose in 2025from -€563,774 to -€186,221 ▲ 67.0% View
  • Controlled by JESPERS HOLDING 98.88% View
  • Caution: 2 loss-making years in a rowloss fiscal year 2025 -€186,221 View
  • New directorlatest change 19-06-2026 · 1 in office 1 joined View
  • Positive: Always filed on timeaccounts within the deadline every year 4 years View

By topic

Financials

Fiscal year
2025
Total assets
€3.1m
Loss
-€186,221
Solvency
19.5%
Total assets▼ 15.6%
Net result
20182025
Go to Financials

Timeline

Events
15
Since
2017
Next accounts
by 31-07-2027
  1. 08-07-2026Reappointment: JESPERS HOLDING NV (non-statutory director)
  2. 08-06-2026Annual accounts filed
  3. 16-06-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Wholesale tradeNACE 46872
Founded
10-03-1988
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies

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