POLYPLAST
ActivePOLYPLAST has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €115k and a net result of €3k. Equity is growing by ~2.9% per year across the filed fiscal years. Its solvency ranks better than 32% of 2033 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
79
/ 100
Excellent▲ +24 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability13▲+13
Solvency58▼-5
Growth52=
Stability100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity tight (current ratio 1.5 against 1.76 in 2024), and 69.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
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
30.2%
Return on assets
0.8%
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 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
43 d early
2023
15 d early
2022
on the day
2021
11 d late
2020
3 d early
2019
on the day
← before the deadline
after the deadline →
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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€3k
2024 · €-34k
2018: €10k
2019: €26k
2020: €11k
2021: €7k
2022: €59k
2023: €4k
2024: €-34k
2018 → 2025
Working capital
€99k▼ 7.1%
2024 · €106k
2018: €42k
2019: €47k
2020: €53k
2021: €66k
2022: €108k
2023: €108k
2024: €106k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€137k-€146k▲ 6.3%€146k=€112k▼ 23.1%€115k▲ 2.6%
Operating result€8k-€59k▲ 685%€5k▼ 90.9%€-33k€4k
Net result€7k-€59k▲ 742%€4k▼ 92.7%€-34k€3k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €4k after a loss of €33k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €381k
Fixed assets
€84k▼ 37.3%
Current assets
€297k▲ 20.8%
Equity and liabilities €381k
Equity
€115k▲ 2.6%
Debt
€266k▼ 0.7%
The debt ratio falls from 70.5% to 69.8%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€42k▲
2024 · €13k
Cash flow
€40k▲
2024 · €13k
Solvency
30.2%▲
2024 · 29.5%
Current ratio
1.50▼
2024 · 1.76
Quick ratio
1.13▼
2024 · 1.24
Debt / equity
2.31▼
2024 · 2.39
ROE
2.6%▲
2024 · -30.1%
ROA
0.8%▲
2024 · -8.9%
Interest coverage
6.30▲
2024 · 1.91
Debt
€266k▼
2024 · €268k
Debt ≤ 1 year
€198k▲
2024 · €140k
Debt > 1 year
€68k▼
2024 · €128k
Staff costs
€312k▼
2024 · €377k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€380k€381k▲
Fixed assets21/28€134k€84k▼
Intangible fixed assets21€0-
Tangible fixed assets22/27€134k€84k▼
Plant, machinery and equipment23€9k€6k▼
Furniture and vehicles24€18k€0▼
Leasing and similar rights25€91k€66k▼
Other tangible fixed assets26€16k€12k▼
Current assets29/58€246k€297k▲
Stocks and contracts in progress3€73k€73k▲
Stocks30/36€73k€73k▲
Contracts in progress37€0-
Amounts receivable within one year40/41€171k€195k▲
Trade receivables40€94k€105k▲
Other amounts receivable41€77k€89k▲
Cash at bank and in hand54/58€1k€29k▲
Deferred charges and accrued income490/1€700€0▼
Equity and liabilities
Total equity and liabilities10/49€380k€381k▲
Equity10/15€112k€115k▲
Contributions10/11€122k€122k=
Capital10€122k€122k=
Issued capital100€122k€122k=
Reserves13€13k€13k=
Non-distributable reserves130/1€12k€12k=
Legal reserve130€12k€12k=
Distributable reserves133€456€456=
Profit (loss) carried forward14€-23k€-20k▲
Amounts payable17/49€268k€266k▼
Amounts payable after more than one year17€128k€68k▼
Financial debts170/4€128k€68k▼
Amounts payable within one year42/48€140k€198k▲
Current portion of amounts payable after more than one year42€50k€60k▲
Financial debts43€1k€0▼
Credit institutions430/8€1k€0▼
Trade debts44€69k€116k▲
Suppliers440/4€69k€116k▲
Taxes, remuneration and social security45€115€2k▲
Taxes450/3€115€0▼
Remuneration and social security454/9€0€2k▲
Other amounts payable47/48€19k€20k▲
Income statement
Code20242025
Remuneration, social security and pensions62€377k€312k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€46k€38k▼
Other operating charges640/8€6k€4k▼
Gross operating margin9900€396k€358k▼
Operating profit (loss)9901€-33k€4k▲
Financial income75/76B€6k€6k▼
Recurring financial income75€6k€6k▼
Financial charges65/66B€7k€7k▼
Recurring financial charges65€7k€7k▼
Profit (loss) for the period before taxes9903€-34k€3k▲
Income taxes67/77€0-
Profit (loss) for the period9904€-34k€3k▲
Profit (loss) for the period to be appropriated9905€-34k€3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-34k€-20k▲
Profit (loss) brought forward from the previous period14P-€-23k
Transfer from equity791/2€11k€0▼
Profit to be distributed694/7€0-
Directors or managers695€0-
Social balance
Average headcount (FTE)90877.46.0▼
The notes to these accounts (18 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
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-34k ▼886%
Net result drops to €-34k, the lowest in the series; recovery starts the following year.
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €59k ▲742%
Operating result €59k, net result €59k, both a record.
11-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 11 days late
2021
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
23-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Antwerpen · 1 establishment unit since 1988
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.
Oude Bosuilbaan 272100 AntwerpenGround area
548 m²
Building footprint
221 m²
Volume, LiDAR
1,708 m³
Parcel 11012A0158/00E003, Flanders · tallest building 12.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
POLYPLAST
since 19882.040.817.741
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11012A0158/00E003 | Flanders | 548 m² | 1 · 221 m² | 12.1 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 404 EUR awarded · 404 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 98 EUR | 98 EUR |
| 2023 | 1 | 153 EUR | 153 EUR |
| 2022 | 1 | 153 EUR | 153 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Dual-learning approval
1 endedSimilar companies · same sector, comparable size
SIBERDT PATRICK
BE 0807.372.768
Wezembeek-Oppem · Eq €115k
Van Nunen Woodart
BE 0720.522.730
Kalmthout · Eq €115k
J/WYCKHUYS
BE 0791.619.473
Wingene · Eq €115k
SCHOMUS-BOIS
BE 0469.461.885
Malmedy · Eq €115k
Houtwerken Pinxten
BE 0784.414.848
Pelt · Eq €115k
Of 19,947 companies in sector 43320 we hold annual accounts for 9,086. 7,675 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded24-10-1988
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
43410Roofing work
45220
45421
43230Insulation installation
43291Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.