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RS Plastics

Active
Private limited companyfounded 20179 years activeIndustrieweg 11, 3840 Tongeren-Borgloon, BelgiumKBO/BCE: BE 0673.546.026
Summary

The computed 12-month bankruptcy probability of RS Plastics is 3.3% (moderate). The 2025 annual accounts show equity of €233,107 and a net result of €32,556. Equity is growing by ~22% per year across the filed fiscal years. Its solvency ranks better than 63% of 13,521 sector peers (NACE 46, fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Wholesale trade
NACE 46869
1 site
Size
€402,589total assets 2025
Equity
€233,107
Profit
€32,556
Turnover not published (abridged schema)
Financial health
51 Fair Checked score 2025
Bankruptcy probability, 12 months
3.3%
Structure
Accounts filed 228 days late0 of 2 deeds read
Why 51- Latest accounts 228 days late; 1 of the last 3 late- Liquidity: current ratio 2.28, cash €1,477, halved- Size: total assets €402,589+ Equity €233,107 (57.9% of total assets)Show the evidence

Checked score

Score 2025
51 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 59% of its sector peers (NACE 46, micro)
Financial strength · tick = 2024
Strong
Solvency 83+1
equity 57.9% of total assets
Liquidity 33+1
short-term debt 37.9% · cash 0.4%
Profitability 79-7
return on assets 8.1%
Bankruptcy probability, 12 months
3.3% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,860 companies)
Last 24 months 11-2024: 0.6% 12-2024: 0.6%● unchanged vs 11-2024 01-2025: 0.5%▼ -0.1 percentage points vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.4%▼ -0.1 percentage points vs 04-2025lowest value 06-2025: 0.4%● unchanged vs 05-2025lowest value 07-2025: 0.5%▲ +0.1 percentage points vs 06-2025 08-2025: 0.5%● unchanged vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.8%▲ +0.3 percentage points vs 10-2025 12-2025: 1.1%▲ +0.3 percentage points vs 11-2025 01-2026: 2.3%▲ +1.2 percentage points vs 12-2025 02-2026: 2.4%▲ +0.1 percentage points vs 01-2026 03-2026: 3.0%▲ +0.6 percentage points vs 02-2026 04-2026: 4.4%▲ +1.4 percentage points vs 03-2026 05-2026: 4.4%● unchanged vs 04-2026 06-2026: 4.7%▲ +0.3 percentage points vs 05-2026 07-2026: 8.0%▲ +3.3 percentage points vs 06-2026highest value 08-2026: 7.9%▼ -0.1 percentage points vs 07-2026 09-2026: 7.8%▼ -0.1 percentage points vs 08-2026 10-2026: 3.3%▼ -4.5 percentage points vs 09-2026
Credit up to €11,000 at 30 days only on tighter terms
Liquidity ample (current ratio 2.28 against 2.36 in 2024; short-term debt: 37.9% and cash: 0.4% of total assets), and 42.1% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 46, micro): better than 64% on solvency, 30% on liquidity, 71% on profitability and 72% on growth.

The bankruptcy probability was computed on 07-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk
raises risk · Latest accounts 228 days late; 1 of the last 3 late
NBB · filings
raises risk · Liquidity: current ratio 2.28, cash €1,477, halved
NBB · annual accounts
raises risk · Size: total assets €402,589
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
lowers risk · Equity €233,107 (57.9% of total assets)
NBB · annual accounts
raises risk · Filed more than 90 days late
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 16-06-2026, 228 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 8 filings
Deviation from the deadline
2025
228 days late
2024
29 days late
2023
4 days early
2022
3 days early
2021
3 days late
2020
27 days late
2019
7 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 41 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 3 November (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
31-03-2026 close07-10-2026 today31-10-2026 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Highest result since 2019net €48,190 ▲167%

Key points

  • Caution: Latest accounts filed lateafter the legal deadline 228 days View
  • Positive: Among the best 20% on equitysector median €57,224 · 13,556 companies €233,107 View
  • Positive: 7 profitable years in a rowprofit 2025: €32,556 7 years View

By topic

Financials

Fiscal year
2025
Total assets
€402,589
Profit
€32,556
Solvency
57.9%
Total assets▲ 14.9%
Net result
20192025
Go to Financials

Timeline

Events
13
Since
2018
Next accounts
by 31-10-2026
  1. 31-03-2024Equity above €200,000
  2. 27-10-2023Annual accounts filed
  3. 31-03-2023Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Wholesale tradeNACE 46869
Founded
27-03-2017
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

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