RESARM ENGINEERING PLASTICS
ActiveRESARM ENGINEERING PLASTICS has been active since 1970 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €943k and a net result of €73k. Equity remains stable across the filed fiscal years (±2% per year). Its solvency ranks better than 36% of 3549 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability55▼-19
Solvency55▼-3
Growth32=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity tight (current ratio 1.27 against 1.16 in 2023; short-term debt: 41.5% and cash: 4% of total assets), and 69.7% 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
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 43
Relative position
BE, all sectors
reference
Sector 43
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 2024Solvency, return and age of the figures
Solvency
30.3%
Return on assets
2.3%
Age of the figures
21 mo
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 16-06-2025, 45 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
45 d early
2023
40 d early
2022
52 d early
2021
54 d early
2020
30 d early
2019
38 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€73k▼ 31.9%
2023 · €107k
2018: €139k
2019: €95k
2020: €98k
2021: €26k
2022: €103k
2023: €107k
2018 → 2024
Working capital
€345k▲ 40.1%
2023 · €247k
2018: €586k
2019: €581k
2020: €347k
2021: €434k
2022: €436k
2023: €247k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€841k-€815k▼ 3.1%€858k▲ 5.3%€917k▲ 6.9%€943k▲ 2.8%
Operating result€131k-€40k▼ 69.7%€150k▲ 277%€154k▲ 2.4%€170k▲ 10.7%
Net result€98k-€26k▼ 73.4%€103k▲ 295%€107k▲ 3.8%€73k▼ 31.9%
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 11% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €3.11M
Fixed assets
€1.47M▲ 46.3%
Current assets
€1.63M▼ 6.7%
Equity and liabilities €3.11M
Equity
€943k▲ 2.8%
Debt
€2.16M▲ 17.5%
The debt ratio rises from 66.8% to 69.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€328k▲
2023 · €296k
Cash flow
€231k▼
2023 · €249k
Solvency
30.3%▼
2023 · 33.2%
Current ratio
1.27▲
2023 · 1.16
Quick ratio
0.40▼
2023 · 0.42
Debt / equity
2.30▲
2023 · 2.01
ROE
7.7%▼
2023 · 11.7%
ROA
2.3%▼
2023 · 3.9%
Interest coverage
3.97▼
2023 · 6.94
Debt
€2.16M▲
2023 · €1.84M
Debt ≤ 1 year
€1.29M▼
2023 · €1.51M
Debt > 1 year
€869k▲
2023 · €334k
Income taxes
€20k▼
2023 · €26k
Staff costs
€1.05M▼
2023 · €1.14M
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€2.76M€3.11M▲
Fixed assets21/28€1.01M€1.47M▲
Intangible fixed assets21€504-
Tangible fixed assets22/27€1.01M€1.47M▲
Land and buildings22€402k€1.29M▲
Plant, machinery and equipment23€120k€115k▼
Furniture and vehicles24€10k€10k▼
Leasing and similar rights25€93k€61k▼
Assets under construction and advance payments27€379k-
Financial fixed assets28€1k€1k=
Current assets29/58€1.75M€1.63M▼
Stocks and contracts in progress3€1.12M€1.11M▼
Stocks30/36€1.12M€1.11M▼
Amounts receivable within one year40/41€475k€379k▼
Trade receivables40€335k€362k▲
Other amounts receivable41€141k€17k▼
Cash at bank and in hand54/58€145k€125k▼
Deferred charges and accrued income490/1€15k€18k▲
Equity and liabilities
Total equity and liabilities10/49€2.76M€3.11M▲
Equity10/15€917k€943k▲
Contributions10/11€381k€381k=
Capital10€381k€381k=
Issued capital100€381k€381k=
Reserves13€534k€562k▲
Non-distributable reserves130/1€61k€61k=
Legal reserve130€61k€61k=
Distributable reserves133€473k€501k▲
Investment grants15€2k-
Amounts payable17/49€1.84M€2.16M▲
Amounts payable after more than one year17€334k€869k▲
Financial debts170/4€334k€869k▲
Amounts payable within one year42/48€1.51M€1.29M▼
Current portion of amounts payable after more than one year42€229k€224k▼
Financial debts43€466k€460k▼
Credit institutions430/8€466k€460k▼
Trade debts44€545k€291k▼
Suppliers440/4€545k€291k▼
Taxes, remuneration and social security45€126k€129k▲
Taxes450/3€18k€35k▲
Remuneration and social security454/9€109k€93k▼
Other amounts payable47/48€139k€187k▲
Accrued charges and deferred income492/3€2k€6k▲
Income statement
Code20232024
Remuneration, social security and pensions62€1.14M€1.05M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€142k€158k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-44k-
Provisions for liabilities and charges: additions (uses and reversals)635/8€-45k-
Other operating charges640/8€17k€10k▼
Gross operating margin9900€1.36M€1.39M▲
Operating profit (loss)9901€154k€170k▲
Financial income75/76B€21k€5k▼
Recurring financial income75€21k€5k▼
Financial charges65/66B€43k€83k▲
Recurring financial charges65€43k€83k▲
Profit (loss) for the period before taxes9903€133k€93k▼
Income taxes67/77€26k€20k▼
Profit (loss) for the period9904€107k€73k▼
Profit (loss) for the period to be appropriated9905€107k€73k▼
Appropriation of the result
Profit (loss) to be appropriated9906€107k€73k▼
Transfer to equity691/2€57k€28k▼
To other reserves6921€57k€28k▼
Profit to be distributed694/7€50k€45k▼
Return on contributions (dividend)694€50k€45k▼
Social balance
Average headcount (FTE)908716.915.6▼
The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
16-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
09-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
07-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Weakest financial yearnet €26k ▼73.4%
Net result drops to €26k, the lowest in the series; recovery starts the following year.
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
14-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
28-06
NBB filing
Annual accounts filed
fiscal year 2015 · full 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, Blégny · 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.
Rue Prés-Champs 214671 BlégnyGround area
6,192 m²
Building footprint
1,189 m²
Volume, LiDAR
10,762 m³
Parcel 62010A0120/00W002, Wallonia · tallest building 10.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue Prés-Champs 21, 4671 Blégny
since 19882.005.148.663
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62010A0120/00W002 | Wallonia | 6,192 m² | 1 · 1,189 m² | 10.0 m · 3 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.
Similar companies · same sector, comparable size
ISOFLEX
BE 0755.686.913
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FRANSA
BE 0463.983.068
Ingelmunster · Eq €938k
VERBEKE - DEVOS
BE 0448.192.557
Kortrijk · Eq €948k
TPNS
BE 0503.920.344
Oudergem · Eq €933k
Moyens Industriels pour le Contrôle de l'Environnement
BE 0417.301.126
Liège · Eq €957k
Of 4,270 companies in sector 43230 we hold annual accounts for 1,240. 530 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded10-12-1970
Fiscal year end31-12
Activities, NACEBEL
22260Manufacture of rubber and plastic products
25240
43230Insulation installation
43291Specialised construction activities
46832Wholesale of timber
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.