PLBE
ActiveSummary
PLBE has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.90M and a net result of €167k. Equity is growing by ~3.3% per year across the filed fiscal years. Its solvency ranks better than 92% of 186 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
81
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▼-10
Solvency100=
Growth59=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €230k at 30 days acceptable
Liquidity ample (current ratio 44.05 against 13.19 in 2024; short-term debt: 0.2% and cash: 3.9% of total assets), and 8.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
91.6%
Return on assets
5.3%
Age of the figures
9 mo
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
45 d early
2023
48 d early
2022
48 d early
2021
38 d early
2020
19 d early
2019
25 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€570k▲ 4.0%
2023 · €548k
2019: €664k
2020: €569k
2021: €477k
2022: €479k
2023: €548k
2019 → 2024
EBIT margin
47.9%▼ 2.9pp
2023 · 50.7%
2019: -6.2%
2020: 4.9%
2021: -0.3%
2022: 5.4%
2023: 50.7%
2019 → 2024
Net result
€167k▼ 31.9%
2024 · €245k
2018: €-35k
2019: €-53k
2020: €1k
2021: €-19k
2022: €12k
2023: €241k
2024: €245k
2018 → 2025
Working capital
€327k▲ 11.1%
2024 · €294k
2018: €-201k
2019: €432k
2020: €73k
2021: €30k
2022: €38k
2023: €204k
2024: €294k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€477k-€479k▲ 0.5%€548k▲ 14.4%€570k▲ 4.0%
Equity€2.24M-€2.25M▲ 0.5%€2.49M▲ 10.7%€2.74M▲ 9.8%€2.90M▲ 6.1%
Operating result€-1k-€26k€278k▲ 973%€273k▼ 1.9%€172k▼ 36.8%
Net result€-19k-€12k€241k▲ 1,931%€245k▲ 1.9%€167k▼ 31.9%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 37% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.17M
Fixed assets
€2.84M ▼ 2.6%
Current assets
€335k ▲ 5.0%
Equity and liabilities €3.17M
Equity
€2.90M ▲ 6.1%
Debt
€267k ▼ 46.0%
Debt's share of the balance-sheet total falls from 15.3% to 8.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€249k▼
2024 · €349k
Cash flow
€244k▼
2024 · €322k
Current ratio
44.05▲
2024 · 13.19
Quick ratio
30.84▲
2024 · 9.10
Debt to equity
0.09▼
2024 · 0.18
ROE
5.8%▼
2024 · 9.0%
ROA
5.3%▼
2024 · 7.6%
Interest coverage
48.01▲
2024 · 12.75
Debt ≤ 1 year
€8k▼
2024 · €24k
Debt > 1 year
€150k▼
2024 · €470k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€3.23M€3.17M▼
Fixed assets21/28€2.91M€2.84M▼
Tangible fixed assets22/27€2.91M€2.84M▼
Land and buildings22€2.86M€2.79M▼
Plant, machinery and equipment23€59k€51k▼
Current assets29/58€319k€335k▲
Stocks and contracts in progress3€99k€100k▲
Stocks30/36€99k€100k▲
Amounts receivable within one year40/41€64k€112k▲
Trade receivables40€64k€85k▲
Other amounts receivable41€0€27k▲
Cash at bank and in hand54/58€156k€122k▼
Equity and liabilities
Total equity and liabilities10/49€3.23M€3.17M▼
Equity10/15€2.74M€2.90M▲
Contributions10/11€3.13M€3.13M=
Capital10€3.13M€3.13M=
Issued capital100€3.13M€3.13M=
Revaluation surpluses12€1.03M€1.03M=
Reserves13€632k€632k=
Non-distributable reserves130/1€313k€313k=
Legal reserve130€313k€313k=
Distributable reserves133€320k€320k=
Profit (loss) carried forward14€-2.05M€-1.89M▲
Amounts payable17/49€495k€267k▼
Amounts payable after more than one year17€470k€150k▼
Financial debts170/4€470k€150k▼
Amounts payable within one year42/48€24k€8k▼
Trade debts44€18k€8k▼
Suppliers440/4€18k€8k▼
Taxes, remuneration and social security45€6k-
Taxes450/3€6k-
Accrued charges and deferred income492/3€1k€110k▲
Income statement
Code20242025
Turnover70€570k-
Goods, raw materials, services and sundry goods60/61€211k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€77k€77k▲
Other operating charges640/8€9k€4k▼
Gross operating margin9900€358k€253k▼
Operating profit (loss)9901€273k€172k▼
Financial charges65/66B€27k€5k▼
Recurring financial charges65€27k€5k▼
Profit (loss) for the period before taxes9903€245k€167k▼
Profit (loss) for the period9904€245k€167k▼
Profit (loss) for the period to be appropriated9905€245k€167k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-2.05M€-1.89M▲
Profit (loss) brought forward from the previous period14P€-2.30M€-2.05M▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Liquidity triplescurrent ratio 44.05
Current ratio from 13.19 to 44.05; short-term debt falls from €24k to €8k.
16-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €245k ▲1.9%
Net result €245k, the highest in the series.
31-12
Financial
Liquidity quadruplescurrent ratio 13.19
Current ratio from 3.02 to 13.19; short-term debt falls from €101k to €24k.
13-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
13-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €1k
Net result €1k after 2 loss-making years.
06-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2019
31-12
Financial
Weakest financial yearnet €-53k
Net result drops to €-53k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 31current ratio 8.02
Current ratio from 0.26 to 8.02; short-term debt falls from €271k to €62k.
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
11-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
20-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
19 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, Aartselaar · 1 establishment unit since 1995
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.
Kontichsesteenweg 542630 AartselaarGround area
1.3 ha
Building footprint
2,814 m²
Volume, LiDAR
20,971 m³
2 parcels, Flanders · tallest building 18.6 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
PLASTIFLEX BELGIUM
since 19952.054.345.875
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11001B0081/00G000 | Flanders | 1.2 ha | 1 · 2,550 m² | 7.6 m · 2 fl. |
| 44808H0085/00P002 | Flanders | 668 m² | 1 · 264 m² | 18.6 m · 5 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Similar companies · same sector, comparable size
CINTRALUX
BE 0799.487.163
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NIDAPLAST INTERNATIONAL
BE 0717.602.931
Oudergem · Eq €2,856,297
CLEM
BE 0434.532.779
Kortrijk · Eq €3,005,340
INNO - PLAST
BE 0437.768.522
Hamme (Vl.) · Eq €3,008,217
DUBOIS FRERES
BE 0436.189.994
Sombreffe · Eq €2,762,550
Of 371 companies in sector 22210 we hold annual accounts for 293. 175 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded23-09-1991
Fiscal year end31-12
Activities, NACEBEL 2025
22210Manufacture of rubber and plastic products
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.