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Private limited company·Vervaardiging van kunststofartikelen voor de bouw· 3 yrs active
Route d'Eupen(BLN) 214 ·4837 Baelen, Belgium
BE 0795.144.929
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Turnover
EBIT margin
Net result€9k-97.4%
Working capital€-229k-836.1%
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Annual accounts & ratios

Source: NBB · 2025
Annual accounts filed on 13-03-2026 with the NBB · fiscal year 2025 · volledig
€0€100k€200k€300k€400kOperating result 2023: €121k€121kNet result 2023: €135k€135kOperating result 2024: €358k€358kNet result 2024: €331k€331kOperating result 2025: €31k€31kNet result 2025: €9k€9k202320242025
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts — not a forecast, the extended trend.
growing Equity: growth of ~41%/year over 3 fiscal years — indicative, assuming unchanged policy.
€0€100k€200k€300k2026: €180k (€169k – €190k)2027: €229k (€219k – €240k)2028: €279k (€269k – €290k)2023: €30k2024: €121k2025: €130k202320242025202620272028
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil–Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

EBITDA
€169k
-60.2% +4634% vs sector
Net profit
€9k
-97.4% +335% vs sector
Cash flow
€147k
-63.1% +41680% vs sector
Total assets
€1.39M
+67.3% +505% vs sector
Equity
€130k
+7.2% +67% vs sector
Working capital
€-229k
-836.1% -279% vs sector
Employees (FTE)
5
-18.6% +1500% vs sector
Staff costs
€226k
-18.5% +2609% vs sector
Income taxes
€4k
-90.0% -56% vs sector
Debt
€1.26M
+77.6% +528% vs sector
Debt ≤ 1y
€470k
-9.1% +533% vs sector
Debt > 1y
€787k
+317.6% +567% vs sector
Current ratio
0.51
-46.1% -11% vs sector
Quick ratio
0.22
-58.4% -29% vs sector
Solvency
9.3%
-36.0% -26% vs sector
Debt / equity
9.71
+65.8% +1447% vs sector
ROE
6.7%
-97.6% -64% vs sector
ROA
0.6%
-98.4% +139% vs sector
Interest coverage
4.70
-84.2% +416% vs sector
Figures by fiscal year
Fiscal year2025
Revenue
EBITDA€169k
Net profit€9k
Cash flow€147k
Staff costs€226k
Income taxes€4k
Dividends
Total assets€1.39M
Equity€130k
Debt€1.26M
of which ≤ 1y€470k
of which > 1y€787k
Working capital€-229k
Employees (FTE)4.8
Ratios (computed)
2025
Current ratio0.51
Quick ratio0.22
Working capital ratio-16.4%
Solvency9.3%
Debt / equity9.71
Long-term debt ratio6.06
Interest coverage4.70
Gross margin
Net margin
ROA0.6%
ROE6.7%
EBITDA margin
Days sales outstanding
Days payable outstanding
Inventory turnover
Days inventory (DSI)
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet — Assets
TOTAL ASSETS 20/58€1.39M
Fixed assets 21/28€1.15M
Intangible fixed assets 21€158k
Tangible fixed assets 22/27€993k
Current assets 29/58€241k
Stocks & contracts in progress 3€138k
Amounts receivable within one year 40/41€57k
Cash & bank 54/58€32k
Balance sheet — Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€1.39M
Equity 10/15€130k
Contributions / capital 10/11€15k
Reserves 13€115k
Accumulated profits (losses) 14€188
Amounts payable 17/49€1.26M
Amounts payable after one year 17€787k
Amounts payable within one year 42/48€470k
Trade debts payable within one year 44€157k
Income statement
Gross operating margin 9900€401k
Operating result 9901€31k
Financial income 75€18k
Financial charges 65€36k
Result before taxes 9903€13k
Income taxes 67/77€4k
Net result for the period 9904€9k
Result to be appropriated 9905€9k
You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2025 · computed
36 / 100 Weak
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.