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VANCOILLIE PLASTICS

Active
Private limited companyfounded 201016 yrs activeBrabantstraat 32, 8800 Roeselare, BelgiumKBO/BCE: BE 0829.059.295

VANCOILLIE PLASTICS has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €582k and a net result of €60k. Equity is growing by ~14.5% per year across the filed fiscal years. Its solvency ranks better than 77% of 156 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2025
81 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▲+10
Solvency94▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 4.65 against 7.64 in 2024; short-term debt: 14.9% and cash: 20.6% of total assets), and 30.6% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 22
Relative position
BE, all sectors
reference
Sector 22
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 2025
Solvency, return and age of the figures
Solvency
69.4%
Return on assets
7.1%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 16 years 0 20 y
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 02-06-2026, 59 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
59 d early
2024
44 d early
2023
69 d early
2022
25 d early
2021
52 d early
2020
23 d early
2019
58 d early
← 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 months
Position in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity
€582k▲ 1.9%
2024 · €571k
2018: €258k 2019: €291k 2020: €340k 2021: €389k 2022: €481k 2023: €555k 2024: €571k
2018 → 2025
Total assets
€838k▼ 2.3%
2024 · €857k
2018: €615k 2019: €750k 2020: €795k 2021: €822k 2022: €868k 2023: €893k 2024: €857k
2018 → 2025
Net result
€60k▲ 25.3%
2024 · €48k
2018: €20k 2019: €32k 2020: €49k 2021: €50k 2022: €91k 2023: €75k 2024: €48k
2018 → 2025
Working capital
€456k▼ 8.9%
2024 · €500k
2018: €256k 2019: €248k 2020: €278k 2021: €348k 2022: €434k 2023: €527k 2024: €500k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€389k-€481k▲ 23.5%€555k▲ 15.6%€571k▲ 2.8%€582k▲ 1.9%
Operating result€69k-€126k▲ 82.1%€107k▼ 14.5%€78k▼ 27.2%€82k▲ 5.5%
Net result€50k-€91k▲ 84.3%€75k▼ 18.3%€48k▼ 36.2%€60k▲ 25.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100k€150kOperating result 2021: €69k€69kNet result 2021: €50k€50kOperating result 2022: €126k€126kNet result 2022: €91k€91kOperating result 2023: €107k€107kNet result 2023: €75k€75kOperating result 2024: €78k€78kNet result 2024: €48k€48kOperating result 2025: €82k€82kNet result 2025: €60k€60k20212022202320242025
The operating result recovers in 2025; 2025 is 5% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €838k
Fixed assets €257k▼ 8.7%
Current assets €581k▲ 0.9%
Equity and liabilities €838k
Equity €582k▲ 1.9%
Debt €256k▼ 10.6%
The debt ratio falls from 33.4% to 30.6%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€122k
2024 · €107k
Cash flow
€99k
2024 · €77k
Solvency
69.4%
2024 · 66.6%
Current ratio
4.65
2024 · 7.64
Quick ratio
3.40
2024 · 5.92
Debt / equity
0.44
2024 · 0.50
ROE
10.3%
2024 · 8.4%
ROA
7.1%
2024 · 5.6%
Interest coverage
10.91
2024 · 5.09
Debt
€256k
2024 · €287k
Debt ≤ 1 year
€125k
2024 · €75k
Debt > 1 year
€125k
2024 · €200k
Income taxes
€26k
2024 · €20k
Staff costs
€54k
2024 · €32k
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€857k€838k
Fixed assets21/28€282k€257k
Tangible fixed assets22/27€282k€257k
Land and buildings22€174k€164k
Plant, machinery and equipment23€22k€26k
Furniture and vehicles24€86k€67k
Current assets29/58€576k€581k
Stocks and contracts in progress3€130k€156k
Stocks30/36€130k€156k
Amounts receivable within one year40/41€137k€247k
Trade receivables40€133k€247k
Other amounts receivable41€4k-
Cash at bank and in hand54/58€303k€172k
Deferred charges and accrued income490/1€6k€6k
Equity and liabilities
Total equity and liabilities10/49€857k€838k
Equity10/15€571k€582k
Contributions10/11€219k€219k=
Reserves13€334k€345k
Distributable reserves133€334k€345k
Profit (loss) carried forward14€18k€18k=
Amounts payable17/49€287k€256k
Amounts payable after more than one year17€200k€125k
Financial debts170/4€200k€125k
Amounts payable within one year42/48€75k€125k
Current portion of amounts payable after more than one year42€12k-
Trade debts44€78€34k
Suppliers440/4€78€34k
Advances received on contracts in progress46-€15k
Taxes, remuneration and social security45€15k€19k
Taxes450/3€7k€12k
Remuneration and social security454/9€8k€7k
Other amounts payable47/48€48k€57k
Accrued charges and deferred income492/3€11k€6k
Income statement Code20242025
Non-recurring operating income76A€12k-
Remuneration, social security and pensions62€32k€54k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29k€39k
Other operating charges640/8€26k€9k
Gross operating margin9900€165k€184k
Operating profit (loss)9901€78k€82k
Financial income75/76B€11k€15k
Recurring financial income75€11k€15k
Financial charges65/66B€21k€11k
Recurring financial charges65€21k€11k
Profit (loss) for the period before taxes9903€68k€86k
Income taxes67/77€20k€26k
Profit (loss) for the period9904€48k€60k
Profit (loss) for the period to be appropriated9905€48k€60k
Appropriation of the result
Profit (loss) to be appropriated9906€66k€78k
Profit (loss) brought forward from the previous period14P€18k€18k=
Transfer from equity791/2€32k€49k
Transfer to equity691/2€48k€60k
To other reserves6921€48k€60k
Profit to be distributed694/7€32k€49k
Return on contributions (dividend)694€32k€49k
Social balance
Average headcount (FTE)90870.50.8

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
02-06
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
17-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
23-05
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Equity above €500kEq €555k ▲15.6%
6 profitable years in a row build equity to €555k.
06-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial Highest result since 2018net €91k ▲84.3%
Operating result €126k, net result €91k, both a record.
09-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
08-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
03-06
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
01-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
17-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
14-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated 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, Roeselare · 1 establishment unit since 2010
establishment The establishment unit on the map
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.

Brabantstraat 328800 Roeselare
Ground area
1,127 m²
Building footprint
182 m²
Volume, LiDAR
567 m³
Parcel 36505B0936/00P000, Flanders · tallest building 7.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Vancoillie Plastics
Brabantstraat 32, 8800 RoeselareManufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
since 20102.192.439.629
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
36505B0936/00P000 Flanders 1,127 m² 1 · 182 m² 7.5 m · 1 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

2024 · 1 entry · 212 EUR awarded · 212 EUR paid
Year Entries awardedpaid
2024 1 212 EUR212 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 212 EUR · 212 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 630 companies in sector 22240 we hold annual accounts for 360. 239 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded03-09-2010
Fiscal year end31-12
Activities, NACEBEL
22240Manufacture of rubber and plastic products
46839Wholesale trade
16230Manufacture of other builders' carpentry and joinery
43320Joinery installation
43343Specialised construction activities
43350Other building finishing work
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.