Equity
€105,932 ▲ 22.2%
PLASTISART NEON has made a profit without a break since 2022.
PLASTISART NEON
Lifetime
20 annual accounts with figures on one time axis, 49 filings since 1977peak €300,429 (2008)
€166,211▼ 5.4%
lowest -€34,977 (2021)
€43,967▼ 4.7%
peak €149,262 (2007)
€105,932▲ 22.2%
€355,503▼ 2.6%
peak 6 FTE (2008)
1 FTE▼ 16.7%
Board3 names since 2020
1 directorCELLULOSE SRL
Owners
100%CELLULOSE
Documentsfilings and deeds
23-07-20268 days before the deadline
2025financial year
Staff from 1.2 FTE to 1 FTEEquity from €86,695 to €105,932Cash from €58,172 to €100,659
Key points
from the 2025 annual accountsTurnover
≈ €420,000 estimated
The accounts state no turnover.
Debts
€355,503 77% of the balance sheet
Financial debts 17%Suppliers 16%Taxes and wages 4%Other 63%
Of this, €284,894 falls due within a year.
Staff
1 FTE from 6 in 2008
Between 2008 and 2025, 83% of the full-time equivalents disappeared.
Filings
49 annual accounts since 1977
Seven of the last ten came late. The 2023 accounts came latest: 64 days after the end of the period.
Position in the sector
€105,932
Less equity than 92% of companies in rubber and plastics. Sector median €3.8m · 232 companies.
Checked score
89
Excellent
Financially stronger than 55% of micro companies in rubber and plastics (NACE 22)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 355 companies (NACE 22, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%
01-2025: 0.4%● unchanged vs 12-2024
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.5%▲ +0.1 percentage points vs 06-2025
08-2025: 0.8%▲ +0.3 percentage points vs 07-2025
09-2025: 0.9%▲ +0.1 percentage points vs 08-2025highest value
10-2025: 0.3%▼ -0.6 percentage points vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.3%● unchanged vs 06-2026
08-2026: 0.2%▼ -0.1 percentage points vs 07-2026lowest value
09-2026: 0.2%● unchanged vs 08-2026lowest value
10-2026: 0.2%● unchanged vs 09-2026lowest value
11-2026: 0.2%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Sector: Manufacture of rubber and plastic products (NACE 22)
1 of the last 3 accounts late
lowers risk
Founded in 1965
Liquidity: current ratio 0.93, cash €100,659
Calculation
The band follows from the bankruptcy probability. 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 22, micro). It does better than 30% of them on solvency, 39% on liquidity, 72% on profitability and 77% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 3,818 companies had the same profile as PLASTISART NEON has now. Each dot stands for 10 companies, two years later.
95.1%
were still trading
3.7%
stopped another way
1.0%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of PLASTISART NEON itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,818 companies, not a prediction for PLASTISART NEON. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €9,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.93 (0.92 in 2024), below 1. Short-term debt is 61.7% and cash 21.8% of total assets. 77% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Seven signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 232 sector peers (2025).
NBB · sector comparisonPosition among 232 sector peers
Solvency
better than 20%
← weakest
strongest →
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 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €105,932
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 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 days early
2024
29 days late
2023
64 days late
2022
30 days late
2021
30 days late
2020
30 days late
2019
87 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 13 days after the deadline. In the sector (NACE 22), the median for financial year 2024 was 14 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 August (4 of the last 5 accounts filed within 35 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- CELLULOSE 100%score 80equity €145,212 (2025) · 2025 annual accounts of CELLULOSE
- BERNARD DE MOERLOOSE 80%annual accounts 2017
- MARIE-AMELIE DE LIMBOURG 20%annual accounts 2017
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0406363979
Appointment: CELLULOSE SRL (managing director)
Permanent representative: Jean-François Deltenre · General meeting of 01-06-2020 · Gazette deed
1 director appointed, 2 resignations
Resignations: Marie-Amélie de Limbourg and Bernard de Moerloose · Appointment: CELLULOSE SRL · Permanent representative: Jean-François Deltenre · General meeting of 15-05-2020 · Gazette deed
Reappointments: Bernard de MOERLOOSE (managing director) and Marie-Amélie de LIMBOURG (director)
General meeting of 24-07-2018 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PLASTISART NEON Fleurus | €0.5m | €166,211 | 23.0% | 1 |
| PACIFIC Sint-Niklaas | €0.6m | €142,873 | 85.0% | 1.4 |
| NOREL Enghien | €0.4m | €168,302 | 65.7% | 3.3 |
| PRINCIPLE BUSINESS INTERNATIONAL Tongeren-Borgloon | €1.1m | €114,754 | 96.5% | 2.5 |
| SARCOLUX Couvin | €0.3m | €133,803 | 72.1% | - |
| Etablissement Henri Levin Nazareth | €0.3m | €201,038 | 39.2% | - |
| POLYMAR Nivelles | €0.7m | €423,617 | 30.1% | 4.8 |
These companies have the same main activity as PLASTISART NEON: manufacture of rubber and plastic products (NACE 22260). They are comparable in size and age: total assets between €305,000 and €1.1m, founded between 1963 and 1982.
Official details
Source: KBO- Status
- Active since 29-04-1965Normal situation
- Activity
- Manufacture of rubber and plastic productsNACE 22260and 3 others
- Joint committees
- 149.01Electricians: installation and distribution
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.000.418.1326220 Fleurus, since 01-04-1965
- Financial year end
- 31 December
- Peppol
- Reachable since 18-03-2025
Annual accounts 2025
- €461,435▲ 2.1%
- Employeeson 31-12-2025
- 1=
- Filing
- Filed on 23-07-2026, 8 days before the end of the filing period
Insights on PLASTISART NEON
PLASTISART NEON has existed since 1965. The gross margin fell from €292,483 in 2006 to €166,211 in 2025 and staff from 5.9 to 1 full-time equivalents.
CELLULOSE holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about PLASTISART NEON
- What is the company number of PLASTISART NEON?
- The company number of PLASTISART NEON is 0406.363.979. The VAT number is the same number with BE in front: BE 0406.363.979.
- Where is PLASTISART NEON based?
- The registered office is at Rue Martinroux SN, 6220 Fleurus.Company details
- What does PLASTISART NEON do?
- According to the KBO register, the main activity is manufacture of rubber and plastic products (NACE 22260).
- What is the legal form of PLASTISART NEON?
- PLASTISART NEON is a public limited company (NV).
- When was PLASTISART NEON founded?
- PLASTISART NEON was founded on 29-04-1965.
- Is PLASTISART NEON still active?
- Yes, PLASTISART NEON is an active enterprise in the KBO register.
- How many employees does PLASTISART NEON have?
- PLASTISART NEON had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does PLASTISART NEON fall under?
- In its 2025 annual accounts, PLASTISART NEON states joint committees 149.01 (Electricians: installation and distribution) and 200 (Auxiliary committee for white-collar workers).
- What is the turnover of PLASTISART NEON?
- The turnover in financial year 2025 is ≈ €420,000. This figure is estimated from the gross margin of €166,211 and 1,647 comparable companies of the same size. It probably lies between €260,000 and €790,000. It is a rough estimate.
- Is PLASTISART NEON profitable?
- In financial year 2025, PLASTISART NEON made a profit of €43,967.
- Where can I find the annual accounts of PLASTISART NEON?
- PLASTISART NEON filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PLASTISART NEON due?
- PLASTISART NEON must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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