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PLASTITEC

Active
Private limited companyfounded 20224 yrs activeRue Julien Jacobs 1, 4367 Crisnée, BelgiumKBO/BCE: BE 0790.459.433
Summary

The computed 12-month bankruptcy probability of PLASTITEC is 2.6% (moderate). The 2024 annual accounts show equity of €12,397 and a net result of €1,948. Its solvency ranks better than 91% of 177 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability85▲+11
Solvency100=
Growth78
Track record94
Bankruptcy probability, 12 months
2.6% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 4.77 against 5.4 in 2023; short-term debt: 16.2% and cash: 21.4% of total assets), and 16.2% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 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
Manufacture of rubber and plastic products (NACE 22)
about 50% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
83.8%
Return on assets
13.2%
Age of the figures
21 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-07-2025, 28 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
28 d early
2023
33 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 31 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 34% of the sector filed late.

Checked, nothing found (1)
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

History

On 5 September 2022, PLASTITEC was incorporated as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€12,397▲ 18.6%
2023 · €10,449
Total assets
€14,797▲ 25.6%
2023 · €11,778
Net result
€1,948▲ 334%
2023 · €449
Working capital
€9,048▲ 54.7%
2023 · €5,849
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 22, Manufacture of rubber and plastic products, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20232024
Operating result€646-€2,505▲ 287%
Net result€449within the sector's middle half-€1,948within the sector's middle half▲ 334%
Equity€10,449within the sector's middle half-€12,397within the sector's middle half▲ 18.6%
Total assets€11,778below the sector's middle half-€14,797below the sector's middle half▲ 25.6%
Debt€1,329-€2,400▲ 80.6%
Working capital€5,849within the sector's middle half-€9,048within the sector's middle half▲ 54.7%
Solvency88.7%above the sector's middle half-83.8%above the sector's middle half▼ 4.9pp
Current ratio5.40above the sector's middle half-4.77above the sector's middle half▼ 0.63
Return on assets (ROA)3.8%within the sector's middle half-13.2%above the sector's middle half▲ 9.4pp
above within below the middle half (P25 to P75) of NACE 22, Manufacture of rubber and plastic products, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€1,000€2,000€3,000Operating result 2023: €646€646Net result 2023: €449€449Operating result 2024: €2,505€2,505Net result 2024: €1,948€1,94820232024€0€1,000€2,000€3,000Operating result 2023: €646€646Net result 2023: €449€449Operating result 2024: €2,505€2,500Net result 2024: €1,948€1,95020232024
The operating result rises in 2024; 2024 is 287% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €14,797
Fixed assets €3,349 ▼ 27.2%
Current assets €11,448 ▲ 59.5%
Equity and liabilities €14,797
Equity €12,397 ▲ 18.6%
Debt €2,400 ▲ 80.6%
Debt's share of the balance-sheet total rises from 11.3% to 16.2%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€3,755▲
2023 · €2,301
Cash flow
€3,199▲
2023 · €2,103
Quick ratio
3.87▼
2023 · 5.40
Debt to equity
0.19▲
2023 · 0.13
ROE
15.7%▲
2023 · 4.3%
Interest coverage
54.33▲
2023 · 27.01
Debt ≤ 1 year
€2,400▲
2023 · €1,329
Income taxes
€487▲
2023 · €112
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,276 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,276 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 33 lines
Balance sheet Code20232024
Assets
Total assets20/58€11,778€14,797▲
Fixed assets21/28€4,600€3,349▼
Tangible fixed assets22/27€4,600€3,349▼
Plant, machinery and equipment23€4,600€3,349▼
Current assets29/58€7,178€11,448▲
Stocks and contracts in progress3-€2,165
Stocks30/36-€2,165
Amounts receivable within one year40/41€4,313€6,116▲
Trade receivables40€4,313€614▼
Other amounts receivable41-€5,502
Cash at bank and in hand54/58€2,865€3,167▲
Equity and liabilities
Total equity and liabilities10/49€11,778€14,797▲
Equity10/15€10,449€12,397▲
Contributions10/11€10,000€10,000=
Profit (loss) carried forward14€449€2,397▲
Amounts payable17/49€1,329€2,400▲
Amounts payable within one year42/48€1,329€2,400▲
Trade debts44€1,089€1,913▲
Suppliers440/4€1,089€1,913▲
Taxes, remuneration and social security45€240€487▲
Taxes450/3€240€487▲
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,654€1,251▼
Other operating charges640/8€732€387▼
Gross operating margin9900€3,032€4,143▲
Operating profit (loss)9901€646€2,505▲
Financial charges65/66B€85€69▼
Recurring financial charges65€85€69▼
Profit (loss) for the period before taxes9903€561€2,435▲
Income taxes67/77€112€487▲
Profit (loss) for the period9904€449€1,948▲
Profit (loss) for the period to be appropriated9905€449€1,948▲
Appropriation of the result
Profit (loss) to be appropriated9906€449€2,397▲
Profit (loss) brought forward from the previous period14P-€449

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,654€1,251▼ 24.4%
Other operating charges640/8€732€387▼ 47.1%
Gross operating margin9900€3,032€4,143▲ 36.6%
Operating profit (loss)9901€646€2,505▲ 287%
Financial charges65/66B€85€69▼ 18.8%
Recurring financial charges65€85€69▼ 18.8%
Profit (loss) for the period before taxes9903€561€2,435▲ 334%
Income taxes67/77€112€487▲ 334%
Profit (loss) for the period9904€449€1,948▲ 334%
Profit (loss) for the period to be appropriated9905€449€1,948▲ 334%
Line20232024Change
Assets
Total assets20/58€11,778€14,797▲ 25.6%
Fixed assets21/28€4,600€3,349▼ 27.2%
Tangible fixed assets22/27€4,600€3,349▼ 27.2%
Plant, machinery and equipment23€4,600€3,349▼ 27.2%
Current assets29/58€7,178€11,448▲ 59.5%
Stocks and contracts in progress3-€2,165-
Stocks30/36-€2,165-
Amounts receivable within one year40/41€4,313€6,116▲ 41.8%
Trade receivables40€4,313€614▼ 85.8%
Other amounts receivable41-€5,502-
Cash at bank and in hand54/58€2,865€3,167▲ 10.5%
Equity and liabilities
Total equity and liabilities10/49€11,778€14,797▲ 25.6%
Equity10/15€10,449€12,397▲ 18.6%
Contributions10/11€10,000€10,000=
Profit (loss) carried forward14€449€2,397▲ 434%
Amounts payable17/49€1,329€2,400▲ 80.6%
Amounts payable within one year42/48€1,329€2,400▲ 80.6%
Trade debts44€1,089€1,913▲ 75.6%
Suppliers440/4€1,089€1,913▲ 75.6%
Taxes, remuneration and social security45€240€487▲ 103%
Taxes450/3€240€487▲ 103%
Line20232024Change
Profit (loss) for the period9904€449€1,948▲ 334%
+ Depreciation and write-downs630€1,654€1,251▼ 24.4%
Operating cash flow (approximation)€2,103€3,199▲ 52.1%
Investment in fixed assets (approximation)-€0-
Change in cash-€302-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
03-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
28-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
NBB filing
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 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, Crisnée · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
289 m²
Building footprint
36 m²
Volume, LiDAR
192 m³
Parcel 64415A0165/00Z002, Wallonia · tallest building 6.1 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
LEPLEXI
Rue Julien Jacobs 1, 4367 CrisnéeManufacture of rubber and plastic products
since 20222.335.193.341
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
64415A0165/00Z002 Wallonia 289 m² 1 · 36 m² 6.1 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 371 companies in sector 22210 we hold annual accounts for 294. 62 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded05-09-2022
Fiscal year end31-12
Activities, NACEBEL 2025
22210Manufacture of rubber and plastic products
22240Manufacture of rubber and plastic products
22260Manufacture of rubber and plastic products
28960Manufacture of machinery and equipment not elsewhere classified
33120Repair and maintenance of machinery
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID 0208:0790459433
Also 9925:BE0790459433
Registered 27-11-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.