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V.G. PLASTIC'S

Active
Private limited companyfounded 1987active for 39 yearsPierre Gasséestraat 11, 1080 Sint-Jans-Molenbeek, BelgiumKBO/BCE: BE 0431.892.005
Summary

V.G. PLASTIC'S has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2.0m and a net result of €80,219. Equity is growing by about 3.9% per year across the filed financial years. Its solvency ranks better than 95% of 26,027 sector peers (NACE 47, financial year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Retail sale of hardware, building materials, paint and glass (general range)
NACE 47521Wholesale of construction materials, general range NACE 46831
#9 company by equity in Sint-Jans-Molenbeek, Wholesale and retail trade sector1 site
Size
€2.1mtotal assets 2024
Staff
2.8 FTE
Equity
€2.0m
Profit
€80,219
Financial health
97 Excellent Checked score 2024
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Accounts 70 days overdue0 of 3 deeds read
Why 97raises riskFigures for financial year 2024 (filed 29-08-2025)lowers riskFounded in 1987Equity €2.0m (96.8% of total assets)Liquidity: current ratio 20.94, cash €1.2mShow the evidence

Checked score

Score 2024
97 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 77% of its sector peers (NACE 47, small)
Financial strength · tick = 2023
Strong
Solvency 100=
equity 96.8% of total assets
Liquidity 100=
short-term debt 3.2% · cash 55.3%
Profitability 74+3
return on assets 3.9%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (3,689 companies, NACE 47, small)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: 0.1%▲ +0.1 percentage points vs 07-2025 09-2025: < 0.1%▼ -0.1 percentage points vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026lowest value 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: 0.1%▲ +0.1 percentage points vs 09-2026highest value
Credit of up to €190,000 on 30-day terms is acceptable
Liquidity ample (current ratio 20.94, compared with 24.77 in 2023; short-term debt: 3.2% and cash: 55.3% of total assets), and 3.2% 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 47, small): better than 95% on solvency, 99% on liquidity, 64% on profitability and 51% on growth.

The bankruptcy probability was computed on 08-10-2026 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○neutral
lowers risk · Founded in 1987
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Figures for financial year 2024 (filed 29-08-2025)
NBB · annual accounts
lowers risk · Equity €2.0m (96.8% of total assets)
NBB · annual accounts
lowers risk · Liquidity: current ratio 20.94, cash €1.2m
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2025, 27 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
27 days late
2023
29 days late
2022
38 days late
2021
31 days late
2020
18 days late
2019
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 29 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Equity above €2mequity €2.0m ▲3.8%
  3. Annual accounts filedfinancial year 2023 · full…

Key points

  • Positive: Among the best 5% on solvencysector median 32.3% · 26,027 companies 96.8% View
  • Caution: Accounts not fileddeadline was 31-07-2026 70 days late View
  • Positive: 7 profitable years in a rowprofit 2024: €80,219 7 years View

By topic

Financials

Financial year
2024
Total assets
€2.1m
Profit
€80,219
Solvency
96.8%
Total assets▲ 4.4%
Net result
20182024
Go to Financials

Timeline

Events
41
Since
1988
  1. 31-12-2023Weakest financial year
  2. 07-09-2023Annual accounts filed
  3. 31-08-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Retail sale of hardware, building materials, paint and…NACE 47521
Founded
07-09-1987
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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