Plastivan
ActiveSummary
The computed 12-month bankruptcy probability of Plastivan is 1.6% (moderate). The 2025 annual accounts show equity of €1.9m and a net result of -€1.2m. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 8% of 230 sector peers (NACE 22, financial year 2025). The company has been active since 1972 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 11-07-1972 Normal situation
- Activity
- Manufacture of rubber and plastic products NACE 22210and 1 other
- Joint committees
- 116 Paritair Comité voor de scheikundige nijverheid
- 207 Paritair Comité voor de bedienden uit de scheikundige nijverheid · annual accounts 2025
- Establishment units
- 2.007.429.549 8780 Oostrozebeke, since 01-10-1972
- 2.367.988.744 8770 Ingelmunster, since 01-01-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 08-01-2026
Board and ownership
- GUFOSDirector · since 23-06-2023 · permanent representative GEIRNAERT Steven
- PYGMADirector · since 23-06-2023 · permanent representative VANDENDRIESSCHE Peter
- VANDECRUYS MarkDirector · since 23-06-2023
- Auditor
- Moore Audit
- PLASTIVAN INVEST100%2025 annual accounts of PLASTIVAN INVEST
- Holdings
- Shares in 5 companies including EXTRUMAT and PLASTIVAN Ltd.
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.6%
- Turnover
- €17.5m
- ▼ 40.9%
- Loss
- €1.2m
- Equity
- €1.9m
- ▼ 40.1%
- Total assets
- €24.1m
- ▼ 21.2%
- Employees on 31-12-2025
- 58
- ▲ 61.1%
Score breakdownraises riskEquity €1.9m (7.8% of total assets)Liquidity: current ratio 0.69, cash €27,074Loss of €1.2m (financial year 2025)Sector: Manufacture of rubber and plastic products (NACE 22)Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
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, medium-sized). It does better than 4% of them on solvency, 26% on liquidity, 16% on profitability and 7% on growth.
The bankruptcy probability was computed on 01-11-2026 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.
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).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 57 days before 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)
Financials
Financials · financial year 2025, full format
Annual accounts 2025 filed on 09-06-2026 PDF all 48 filings
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result for 2025 is a loss of €635,005, after a profit of €2.0m in 2024. It is the lowest result since 2021.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Manufacture of rubber and plastic products (NACE 22). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).
- 2025 Staff (FTE) +59% on 2024. Merger absorbing PLASTIVAN PLASTICS, Official Gazette 07-02-2025.
- 2024 Net result -85% on 2023. This financial year ran 18 months, the previous one 12.
Staff
| Item | 30-06-2022 | 30-06-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 34 | 33 | 36 | 58 |
| full-time | 33 | 32 | 35 | 54 |
| part-time | 1 | 1 | 1 | 4 |
| in full-time equivalents | 33.6 | 32.9 | 35.9 | 56.7 |
| Average over the year, in full-time equivalents | 34.8 | 34.6 | 35.2 | 55.8 |
| On a permanent contract | 34 | 33 | 36 | 58 |
| Joined | 10 | 6 | 3 | 59 |
| Left | 12 | 7 | 0 | 37 |
| Agency workers, average number | 5.4 | 1.5 | 1.7 | 4.1 |
| Training hours | - | - | 500 | 1,440 |
Source: social balance sheet in the 2022 to 2025 annual accounts
Securities and guarantees
| Item | 30-06-2022 | 30-06-2023 | 2024 | 2025 |
|---|---|---|---|---|
| Debts secured on the company's own assets | - | - | €22.4m | €12.4m |
| Carrying value of the other pledged assets | - | - | €11.7m | - |
Source: notes to the 2022 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 30-06-2022 | 30-06-2023 | 2024 | 2025 |
|---|---|---|---|---|
| Tangible fixed assets | €532,871 | €1.7m | €1.1m | €13.9m |
| Intangible fixed assets | - | - | - | €373,464 |
| Financial fixed assets | - | €11.9m | - | €1.2m |
| Depreciation and write-downs of the year | €650,092 | €719,385 | €1.3m | €1.4m |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Auditor
| Item | 30-06-2022 | 30-06-2023 | 2024 | 2025 |
|---|---|---|---|---|
| Fee for the audit | €6,732 | €10,878 | €8,144 | €11,034 |
| Other work by the auditor | €4,000 | - | €3,616 | €3,000 |
| Work by persons linked to the auditor | - | €985 | - | - |
Source: notes to the 2022 to 2025 annual accounts (relations with the auditor)
Subsidies and aid
Flemish government
2024 to 2025 · 2 entries · €6,137 awarded · €5,433 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €5,871 | €5,167 |
| 2024 | 1 | €266 | €266 |
Comparable companies
These companies have the same main activity as Plastivan: manufacture of rubber and plastic products (NACE 22210). They are comparable in size and age: total assets between €11m and €31m, founded between 1965 and 1975.
| Company | Founded | Total assets | Equity | Turnover | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|
| Plastivan Oostrozebeke | 1972 | €24.1m | €1.9m | €17.5m | -€1.2m | 55.8 | 2025 |
| Industrie et Commerce Plastique Watermaal-Bosvoorde | 1968 | €14.1m | €4.7m | €18.8m | -€0.3m | 75.4 | 2025 |
| Moderna Products Izegem | 1968 | €31.1m | €7.8m | €23.5m | €0.6m | 64.1 | 2025 |
| PLASTIC UNION Menen | 1973 | €12.7m | €10.7m | €14.9m | €0.8m | 29.9 | 2025 |
| Federal Eco Foam Lommel | 1971 | €11.4m | €4.0m | €14.9m | €0.08m | 65.4 | 2025 |
| Nervia Plastics Ninove | 1965 | €15.2m | €12.9m | €16.2m | €2.5m | 30 | 2025 |
| Generale Maatschappij voor Plastiek Internationaal Deinze | 1975 | €10.6m | €7.1m | €17.0m | €1.7m | 32.7 | 2025 |
They were chosen from the 174 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 140 companies had the same profile as Plastivan has now. Two years later, 2.1% had gone bankrupt and 96.4% were still going.
- Medium-sized
- 20 years or older
- solvency under 10%
- a small loss
That fits the bankruptcy probability of Plastivan itself: 1.6% within 12 months.
Test of the method
The method was tested on the 497,446 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 140 companies, not a prediction for Plastivan. 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.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €31.3m | €24.2m | €30.9m | €18.2m | ▼ 41.0% |
| Turnover70 | €20.3m | €19.4m | €28.0m | €29.9m | €24.2m | €29.6m | €17.5m | ▼ 40.9% |
| Change in stocks of work in progress, finished goods and contracts in progress71 | - | - | - | €1.0m | -€0.4m | -€0.04m | €0.4m | - |
| Other operating income74 | - | - | - | €0.3m | €0.4m | €0.5m | €0.4m | ▼ 16.8% |
| Non-recurring operating income76A | - | - | - | €0.04m | - | €0.9m | - | - |
| Operating charges60/66A | - | - | - | €29.9m | €23.5m | €28.9m | €18.9m | ▼ 34.7% |
| Goods for resale, raw materials and consumables60 | - | - | - | €22.4m | €16.1m | €18.3m | €8.2m | ▼ 55.0% |
| Purchases600/8 | - | - | - | €23.7m | €16.0m | €17.5m | €8.0m | ▼ 54.3% |
| Change in stocks: decrease (increase)609 | - | - | - | -€1.3m | €0.03m | €0.9m | €0.3m | ▼ 68.5% |
| Services and other goods61 | - | - | - | €4.6m | €4.3m | €5.4m | €4.3m | ▼ 19.5% |
| Remuneration, social security and pensions62 | - | - | - | €2.3m | €2.4m | €3.7m | €4.2m | ▲ 12.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1.1m | €1.1m | €0.9m | €0.7m | €0.7m | €1.3m | €1.4m | ▲ 10.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €0.006m | €0.005m | €0.04m | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | -€0.002m | - | - | - | - |
| Other operating charges640/8 | - | - | - | €0.05m | €0.04m | €0.09m | €0.07m | ▼ 21.8% |
| Non-recurring operating charges66A | - | - | - | - | - | €0.03m | €0.6m | ▲ 23× |
| Operating profit (loss)9901 | -€0.07m | €0.4m | €1.6m | €1.4m | €0.8m | €2.0m | -€0.6m | - |
| Financial income75/76B | - | - | - | €1.2m | €6.5m | €1.6m | €0.9m | ▼ 42.2% |
| Recurring financial income75 | €0.4m | €0.2m | €0.7m | €1.2m | €6.5m | €1.6m | €0.1m | ▼ 93.0% |
| Income from financial fixed assets750 | - | - | - | €0.9m | €6.3m | €1.5m | €0.02m | ▼ 98.7% |
| Income from current assets751 | - | - | - | €0.005m | €0.05m | €0.03m | - | - |
| Other financial income752/9 | - | - | - | €0.3m | €0.2m | €0.1m | €0.09m | ▼ 32.7% |
| Non-recurring financial income76B | - | - | - | - | - | - | €0.8m | - |
| Financial charges65/66B | - | - | - | €0.6m | €0.2m | €2.6m | €1.5m | ▼ 42.5% |
| Recurring financial charges65 | €0.2m | €0.3m | €0.2m | €0.2m | €0.2m | €2.6m | €1.3m | ▼ 49.8% |
| Debt charges650 | - | - | €93 | €0.001m | - | €2.4m | €1.1m | ▼ 53.2% |
| Other financial charges652/9 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 8.8% |
| Non-recurring financial charges66B | - | - | - | €0.4m | - | - | €0.2m | - |
| Profit (loss) for the period before taxes9903 | €0.1m | €0.3m | €2.1m | €1.9m | €7.0m | €1.0m | -€1.2m | - |
| Income taxes67/77 | €0.003m | €0.09m | €0.5m | €0.4m | €0.2m | €0.03m | €0.001m | ▼ 97.8% |
| Taxes670/3 | - | - | - | €0.4m | €0.2m | €0.03m | €0.002m | ▼ 93.4% |
| Tax adjustments and reversals of tax provisions77 | - | - | - | - | - | - | €0.001m | - |
| Profit (loss) for the period9904 | €0.1m | €0.2m | €1.6m | €1.5m | €6.9m | €1.0m | -€1.2m | - |
| Profit (loss) for the period to be appropriated9905 | €0.1m | €0.2m | €1.6m | €1.5m | €6.9m | €1.0m | -€1.2m | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €17.2m | €17.6m | €19.0m | €21.2m | €37.5m | €30.7m | €24.1m | ▼ 21.2% |
| Fixed assets21/28 | €7.3m | €7.1m | €6.6m | €6.0m | €18.8m | €19.5m | €17.5m | ▼ 10.3% |
| Intangible fixed assets21 | - | - | - | - | - | - | €0.3m | - |
| Tangible fixed assets22/27 | €3.9m | €3.7m | €3.2m | €3.0m | €3.9m | €4.6m | €12.4m | ▲ 173% |
| Land and buildings22 | - | - | - | €1.5m | €1.4m | €1.3m | €7.0m | ▲ 432% |
| Plant, machinery and equipment23 | - | - | - | €1.3m | €2.4m | €3.1m | €5.3m | ▲ 71.6% |
| Furniture and vehicles24 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 12.1% |
| Financial fixed assets28 | €3.4m | €3.4m | €3.4m | €3.0m | €14.9m | €14.9m | €4.7m | ▼ 68.6% |
| Affiliated companies280/1 | - | - | - | €3.0m | €14.9m | €14.9m | €4.7m | ▼ 68.7% |
| Participating interests280 | - | - | - | €3.0m | €14.9m | €14.9m | €4.7m | ▼ 68.7% |
| Other financial fixed assets284/8 | - | - | - | €112 | €112 | €0.001m | €0.02m | ▲ 46× |
| Amounts receivable and cash guarantees285/8 | - | - | - | €112 | €112 | €0.001m | €0.02m | ▲ 46× |
| Current assets29/58 | €9.9m | €10.5m | €12.4m | €15.2m | €18.6m | €11.2m | €6.7m | ▼ 40.3% |
| Amounts receivable after more than one year29 | - | - | - | - | - | €4.0m | - | - |
| Other amounts receivable291 | - | - | - | - | - | €4.0m | - | - |
| Stocks and contracts in progress3 | €3.3m | €3.3m | €2.8m | €5.2m | €4.7m | €3.8m | €5.6m | ▲ 48.5% |
| Stocks30/36 | - | - | - | €5.2m | €4.7m | €3.8m | €5.6m | ▲ 48.5% |
| Raw materials and consumables30/31 | - | - | - | €1.9m | €1.9m | €1.3m | €1.9m | ▲ 51.0% |
| Work in progress32 | - | - | - | - | - | - | €0.1m | - |
| Finished goods33 | - | - | - | €2.0m | €1.6m | €1.6m | €2.7m | ▲ 71.5% |
| Goods purchased for resale34 | - | - | - | €1.3m | €1.2m | €0.9m | €0.8m | ▼ 7.4% |
| Amounts receivable within one year40/41 | €3.8m | €4.2m | €5.4m | €6.6m | €10.9m | €3.4m | €1.0m | ▼ 69.0% |
| Trade receivables40 | - | - | - | €6.0m | €4.6m | €2.7m | €0.9m | ▼ 68.5% |
| Other amounts receivable41 | - | - | - | €0.6m | €6.3m | €0.6m | €0.2m | ▼ 71.3% |
| Current investments50/53 | €2.0m | €2.0m | €2.0m | €2.0m | - | - | - | - |
| Own shares50 | - | - | - | €2.0m | - | - | - | - |
| Cash at bank and in hand54/58 | €0.9m | €1.0m | €2.1m | €1.4m | €2.9m | €0.001m | €0.03m | ▲ 27× |
| Deferred charges and accrued income490/1 | - | - | - | €0.09m | €0.09m | €0.1m | €0.002m | ▼ 98.1% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €17.2m | €17.6m | €19.0m | €21.2m | €37.5m | €30.7m | €24.1m | ▼ 21.2% |
| Equity10/15 | €14.3m | €14.5m | €16.1m | €17.6m | €17.5m | €3.1m | €1.9m | ▼ 40.1% |
| Contributions10/11 | €2.5m | €2.5m | €2.5m | €2.5m | €2.5m | €2.5m | €2.5m | = |
| Capital10 | - | - | - | €2.5m | €2.5m | €2.5m | €2.5m | = |
| Issued capital100 | - | - | - | €2.5m | €2.5m | €2.5m | €2.5m | = |
| Reserves13 | €11.8m | €12.0m | €13.6m | €15.1m | €8.1m | €0.3m | €0.3m | = |
| Non-distributable reserves130/1 | - | - | - | €2.2m | €0.3m | €0.3m | €0.3m | = |
| Legal reserve130 | - | - | - | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Own shares acquired1312 | - | - | - | €2.0m | - | - | - | - |
| Tax-exempt reserves132 | - | - | - | €0.007m | €0.007m | €0.007m | €0.007m | = |
| Distributable reserves133 | - | - | - | €12.9m | €7.9m | - | - | - |
| Profit (loss) carried forward14 | €0.005m | €0.006m | €0.01m | €0.008m | €6.9m | €0.4m | -€0.9m | - |
| Provisions and deferred taxes16 | €0.04m | €0.01m | €0.002m | - | - | - | - | - |
| Amounts payable17/49 | €2.9m | €3.1m | €2.9m | €3.5m | €20.0m | €27.5m | €22.3m | ▼ 19.1% |
| Amounts payable after more than one year17 | - | - | - | - | - | €22.4m | €12.4m | ▼ 44.7% |
| Financial debts170/4 | - | - | - | - | - | €22.4m | €12.4m | ▼ 44.7% |
| Other loans174 | - | - | - | - | - | €22.4m | €12.4m | ▼ 44.7% |
| Amounts payable within one year42/48 | €2.9m | €3.1m | €2.9m | €3.5m | €19.9m | €5.1m | €9.7m | ▲ 88.7% |
| Financial debts43 | - | - | - | - | €11.9m | - | - | - |
| Other loans439 | - | - | - | - | €11.9m | - | - | - |
| Trade debts44 | €2.6m | €2.6m | €2.4m | €3.0m | €2.7m | €2.0m | €1.8m | ▼ 12.9% |
| Suppliers440/4 | - | - | - | €3.0m | €2.7m | €2.0m | €1.8m | ▼ 12.9% |
| Taxes, remuneration and social security45 | - | - | - | €0.5m | €0.4m | €0.4m | €0.7m | ▲ 82.6% |
| Taxes450/3 | - | - | - | €0.2m | €0.08m | €0.07m | €0.09m | ▲ 29.6% |
| Remuneration and social security454/9 | - | - | - | €0.3m | €0.3m | €0.3m | €0.6m | ▲ 93.7% |
| Other amounts payable47/48 | - | - | - | - | €5.0m | €2.7m | €7.2m | ▲ 166% |
| Accrued charges and deferred income492/3 | - | - | - | €0.003m | €0.05m | €0.05m | €0.3m | ▲ 440% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.1m | €0.2m | €1.6m | €1.5m | €6.9m | €1.0m | -€1.2m | - |
| + Depreciation and write-downs630 | €1.1m | €1.1m | €0.9m | €0.7m | €0.7m | €1.3m | €1.4m | ▲ 10.1% |
| Operating cash flow (approximation) | €1.2m | €1.3m | €2.5m | €2.2m | €7.6m | €2.3m | €0.3m | ▼ 88.7% |
| Investment in fixed assets (approximation) | - | -€0.9m | -€0.4m | -€0.02m | -€13.6m | -€1.9m | €0.6m | - |
| Change in cash | - | €0.1m | €1.1m | -€0.7m | €1.5m | -€2.9m | €0.03m | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 48 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 09-06-2026 | 2026-00158249 | |
| 31-12-2024 | full format | 20-05-2025 | 2025-00104565 | |
| 30-06-2023 | full format | 13-12-2023 | 2023-00527242 | |
| 30-06-2022 | full format | 21-11-2022 | 2022-20522654 | |
| 30-06-2021 | full format | 20-12-2021 | 2021-80600494 | |
| 30-06-2020 | full format | 16-12-2020 | 2020-75800168 | |
| 30-06-2019 | full format | 28-11-2019 | 2019-75400317 | |
| 30-06-2018 | full format | 27-11-2018 | 2018-73600151 | |
| 30-06-2017 | full format | 22-12-2017 | 2017-73100481 | |
| 30-06-2016 | full format | 30-12-2016 | 2016-71900356 |
Board & ownership
Directors
Board 3
Permanent representatives 2
Statutory auditor 1
Owners and capital
Shareholders
1 ownerChain of control
- KOIBA
- Fedrus International
- PLASTIVAN INVEST
- Plastivan
Owners 1
- PLASTIVAN INVESTparentEquity €20.4m Loss of €275,300 in 2025 (profit of €15.1m in 2024)100%
Capital transactions
- 24-08-2023 Capital stated in the deed · €2,500,000 · 1,000 shares
Mandate history
- Board
- Day-to-day management
- Statutory auditor
- began earlier
| Name | Functions and periods |
|---|---|
| GUFOS |
|
| PYGMA |
|
| VANDECRUYS Mark |
|
| Moore Audit |
|
| Bavanos BV |
|
| VAN OVERSCHELDE |
|
| Tony Van Overschelde |
|
| DE CLERCQ Christiana |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “6 jaar, 3”“Raad van bestuur kan onder zijn leden een voorzitter benoemen, oudste der aanwezige bestuurders bij ontstentenis van voorzitter”“Telkens belang vereist of ten minste twee bestuurders vragen, dag,uur en plaats in oproeping”
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Één of meer vereffenaars door algemene vergadering, vergadering bepaalt machten en eventuele bezoldigingen”
Articles of association, deed of 24-08-2023 (in Dutch)
Network & group
Holdings and subsidiaries
5 holdingsHoldings 5
Source for every holding own accounts 2025
- EXTRUMATsubsidiaryAlsoact 18-06-2026Equity €924,694 Loss of €50,131 in 2025 (loss of €49,526 in 2024) Checked score 82100%
- PLASTIVAN Ltd.GBsubsidiaryEquity GBP 3.1mResult GBP 469,343100%
- PLASTIVAN sasFRsubsidiaryEquity €468,630Result -€341,698100%
- PLASTIVAN SP.O.OPLsubsidiaryEquity PLN 603,164Result -PLN 1.4m100%
- VAN OVERSCHELDEsubsidiaryEquity €737,185 Profit of €71,346 in 2025 (profit of €3.6m in 2024) Checked score 87100%
Former holdings (1)
-
100%
Acquisitions and mergers
2 transactionsCompanies at the same address
1 other companyConnections & network
10 connected companiesShow 6 more companies with a shared director
Timeline
Acts, filings and financial milestones
30-06
Gazette deed
Demerger: VAN OVERSCHELDE splits off to PlastivanAuditor report · Shareholding · Accounting effect15 points ▸
- General meeting, 23-05-2025
- Demerger, “voormeld splitsingsvoorstel, artikel 12:8,2°juncto artikel 12:59 en volgende WVV” (deed in Dutch)
- Other provision, “Verzaking aan opmaak splitsingsverslaggeving, EERSTE BESLISSING” (deed in Dutch)
- Other provision, “Kennisname van documenten en verslagen, TWEEDE BESLISSING” (deed in Dutch)
- Auditor report, “onder voorbehoud van eventuele impact van latente kosten voor verwijdering van asbestmateriaal in af te splitsen onroerend, commissaris” (deed in Dutch)
- The company holds all the shares of VAN OVERSCHELDE, mentioned 2 times in the deed
- Other provision, “Verzaking aan mededeling van eventuele belangrijke wijzigingen in het vermogen, DERDE BESLISSING” (deed in Dutch)
- Demerger, “Goedkeuring Geruisloze Partiële Splitsing, eenzelfde besluit algemene vergadering Verkrijgende Vennootschap” (deed in Dutch)
- Other provision, “geen uitgifte nieuwe aandelen Verkrijgende Vennootschap, Geruisloze Partiële Splitsing artikel 12:8,2° WVV” (deed in Dutch)
- Accounting effect, 01-01-2025
- Power of attorney
- Other provision, “vertegenwoordiger van PYGMA BV, vertegenwoordiging gemachtigde vennootschap” (deed in Dutch)
- The act holds 3 more points.
17-04
Gazette deed
Demerger proposal: Van Overschelde splits off to PlastivanShareholding · Accounting effect14 points ▸
- Demerger, “partiële splitsing door overneming gelijkgestelde verrichting, Site Oostrozebeke,Wantestraat 3,8780 Oostrozebeke (België)” (deed in Dutch)
- The company holds all the shares of Van Overschelde
- Other provision, “ruilverhouding - geen nieuwe aandelen, Plastivan houdt alle 120 aandelen in Van Overschelde aan” (deed in Dutch)
- Other provision, “wijze van uitreiking aandelen verkrijgende vennootschap, er zullen geen aandelen worden uitgereikt in het kader van de Partiële Splitsing” (deed in Dutch)
- Other provision, “datum winstdeelname uitgereikte aandelen, er zullen geen aandelen worden uitgereikt in het kader van de Partiële Splitsing” (deed in Dutch)
- Other provision, “deelname in winst-aandelen Verkrijgende Vennootschap, geen aandelen uitgereikt in kader Partiële Splitsing” (deed in Dutch)
- Accounting effect, 2025-01
- Other provision, “bijzondere rechten,andere effecten en voordelen, alle aandelen gehouden door Plastivan” (deed in Dutch)
- Other provision, “Site Oostrozebeke,Wantestraat 3,8780 Oostrozebeke, over te dragen delen activa Site Oostrozebeke” (deed in Dutch)
- Other provision, “passiva Partiële Splitsing” (deed in Dutch)
- Other provision, “verdeling aandelen Verkrijgende Vennootschap onder aandeelhouders Partieel Splitsende Vennootschap, geen aandelen uitgereikt” (deed in Dutch)
- Other provision, “wijziging statuten Verkrijgende Vennootschap” (deed in Dutch)
- The act holds 2 more points.
07-02
Gazette deed
Merger: PLASTIVAN takes over PLASTIVAN PLASTICSAccounting effect4 points ▸
- General meeting, 27-12-2024
- Other provision, “kosteloos afschrift verkrijgbaar, kennisname en bespreking fusievoorstel” (deed in Dutch)
- Merger, “met fusie door overneming gelijkgestelde verrichting, onmiddellijk volgend op fusie tussen Lumoplas NV (als over te nemen vennootschap) en Plastivan Plastics NV…” (deed in Dutch)
- Accounting effect, 01-01-2025
25-11
Gazette deed
Merger proposal: PLASTIVAN takes over Plastivan Plastics NVAccounting effect · Shareholding6 points ▸
- Merger, “met fusie door overneming gelijkgestelde verrichting-Geruisloze Fusie, alle vermogensbestanddelen overnemen,bij wijze van ontbinding zonder vereffening” (deed in Dutch)
- Accounting effect, 01-01-2025
- The company holds all the shares of Plastivan Plastics NV
- Other provision, “bijzondere rechten en voordelen-aandelen en effecten, 6 BIJZONDERE RECHTEN EN VOORDELEN (ARTIKEL 12:50,LID 2,3°EN 4°WVV)” (deed in Dutch)
- Other provision, “geen bijzondere voordelen bestuursorganen, leden van bestuursorganen van Overnemende Vennootschap en Over Te Nemen Vennootschap” (deed in Dutch)
- Other provision, “wijziging statuten Overnemende Vennootschap, 7 WIJZIGING VAN DE STATUTEN VAN DE OVERNEMENDE VENNOOTSCHAP” (deed in Dutch)
30-10
Gazette deed
Permanent representatives: Ernst-Jan Willems, François Vancompernolle and 2 othersPower of attorney15 points ▸
- Board meeting, 01-10-2024
- Permanent representative, Ernst-Jan Willems (vertegenwoordigd door)
- Permanent representative, François Vancompernolle (vertegenwoordigd door)
- Power of attorney, KasFloW BV, mentioned 6 times in the deed
- Power of attorney, Fravanco BV, mentioned 11 times in the deed
- Power of attorney, Mark Vandecruys, mentioned 13 times in the deed
- Power of attorney, Gufos BV, mentioned 13 times in the deed
- Power of attorney, Pygma BV, mentioned 13 times in the deed
- Permanent representative, Steven Geirnaert (vertegenwoordigd door)
- Permanent representative, Peter Vandendriessche (vertegenwoordigd door)
- Power of attorney, Frank Bracke, mentioned 2 times in the deed
- Power of attorney, Roel Verschatse
- The act holds 3 more points.
24-08
Gazette deed
Amendment of the articlesCapital · Power of attorney8 points ▸
- General meeting, 10-08-2023
- Other provision, “vermindering onbeschikbare reserve, vaststelling” (deed in Dutch)
- General meeting, 19-05-2025
- Amendment of the articles
- Capital, €2,500,000
- Other provision, “structuurtitel, TITEL IV:ALGEMENE VERGADERING VAN AANDEELHOUDERS” (deed in Dutch)
- Power of attorney
- Power of attorney, Yorik DESMYTTERE
01-08
Gazette deed
Resignations: DE CLERCQ Christiana, Bavanos BV and Van Overschelde NVPermanent representatives: VAN OVERSCHELDE Bart, VAN OVERSCHELDE Ketty and 2 others · Appointments: VANDECRUYS Mark, Pygma BV and Gufos BV15 points ▸
- General meeting, 23-06-2023
- Director resignation, DE CLERCQ Christiana (director)
- Director resignation, Bavanos BV (director)
- Director resignation, Van Overschelde NV (director)
- Permanent representative, VAN OVERSCHELDE Bart
- Permanent representative, VAN OVERSCHELDE Ketty
- Director resignation, DE CLERCQ Christiana (managing director)
- Director resignation, Bavanos BV (managing director)
- Other provision, “tussentijdse kwijting, uitoefening mandaat als bestuurder” (deed in Dutch)
- Director appointment, VANDECRUYS Mark (director)
- Director appointment, Pygma BV (director)
- Director appointment, Gufos BV (director)
- The act holds 3 more points.
Show earlier events
29-12
Gazette deed
Appointments: MOORE AUDIT (statutory auditor) and VAN OVERSCHELDE (director)Permanent representatives: Planquette Kristof and Ketty Van Overschelde · Resignation: Tony Van Overschelde (director)7 points ▸
- General meeting, 18-11-2022
- Auditor appointment, MOORE AUDIT (statutory auditor)
- Permanent representative, Planquette Kristof
- Director appointment, VAN OVERSCHELDE (director)
- Permanent representative, Ketty Van Overschelde
- Director resignation, Tony Van Overschelde (director)
- Other provision, “Oostrozebeke, plaats van opmaak” (deed in Dutch)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Codes under NACEBEL 2003
5 activities
- De vennootschap heeft tot voorwerp,de fabricatie en handel van alle voorwerpen in thermoplastische kunststoffen en daarmee verwante artikelen,de commercialisatie van alle kunststoffen en van alle producten in welkdanige grondstoffen ook.
- De vennootschap mag alle financiële,commerciële,industriële,roerende en onroerende verrichtingen doen welke rechtstreeks of onrechtstreeks kunnen bijdragen tot de verwezenlijking van haar voorwerp of van dien aard zijn haar handel of nijverheid te bevorderen.
- De vennootschap handelt voor eigen rekening,in consignatie,in commissie of als vertegenwoordiger.
- De vennootschap mag ook deelnemen in andere vennootschappen en ondernemingen,zowel in België als in het buitenland,die hetzelfde,een soortgelijk,een gelijkaardig of samenhangend voorwerp hebben,of die de ontwikkeling van haar voorwerp kunnen bevorderen,haar grondstoffen kunnen leveren,of de afzet van haar producten kunnen vergemakkelijken.
- De Vennootschap mag persoonlijke en zakelijke zekerheden stellen ten behoeve van derden,hierbij rekening houdende met de bepalingen van het Wetboek van Vennootschappen en Verenigingen.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBRecognitions · licences · registrations
Legal Entity Identifier
Sites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 37010D0396/00L000 | Flanders | 4,731 m² | 1 · 1.3 ha | 9.7 m · 2 |
| 36007B0278/00P000 | Flanders | 2,894 m² | 1 · 395 m² | 6.7 m · 1 |