VEBA PLASTICS
ActiveVEBA PLASTICS has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-17k) and a net result of €-4k. Equity is shrinking by ~48.9% per year across the filed fiscal years. Its solvency ranks better than 5% of 9623 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
35
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability19▲+19
Solvency0=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.31 against 1.3 in 2023; short-term debt: 68.6% and cash: 6.1% of total assets), and equity is negative.
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-32.4%
Return on assets
-7.4%
Age of the figures
21 mo
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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-17k
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
57 d early
2022
32 d early
2021
44 d early
2020
54 d early
2019
45 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€-17k▼ 29.3%
2023 · €-13k
2018: €20k
2019: €12k
2020: €7k
2021: €2k
2022: €-2k
2023: €-13k
2018 → 2024
Total assets
€53k▲ 0.5%
2023 · €52k
2018: €52k
2019: €56k
2020: €54k
2021: €54k
2022: €54k
2023: €52k
2018 → 2024
Net result
€-4k▲ 65.2%
2023 · €-11k
2018: €-7k
2019: €-8k
2020: €-6k
2021: €-5k
2022: €-4k
2023: €-11k
2018 → 2024
Working capital
€11k▲ 1.3%
2023 · €11k
2018: €26k
2019: €30k
2020: €25k
2021: €20k
2022: €16k
2023: €11k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€7k-€2k▼ 68.1%€-2k€-13k▼ 536%€-17k▼ 29.3%
Operating result€-6k-€-5k▲ 18.4%€-4k▲ 11.4%€-11k▼ 170%€-4k▲ 67.0%
Net result€-6k-€-5k▲ 17.3%€-4k▲ 8.2%€-11k▼ 162%€-4k▲ 65.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €4k in 2024 against €11k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €53k
Fixed assets
€5k=
Current assets
€47k▲ 0.5%
Key figures and ratios
Solvency
-32.4%▼
2023 · -25.2%
Current ratio
1.31▲
2023 · 1.30
Quick ratio
0.10▼
2023 · 0.12
Debt / equity
-4.08▲
2023 · -4.97
ROA
-7.4%▲
2023 · -21.2%
Debt
€70k▲
2023 · €65k
Debt ≤ 1 year
€36k▲
2023 · €36k
Debt > 1 year
€34k▲
2023 · €30k
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€52k€53k▲
Fixed assets21/28€5k€5k=
Tangible fixed assets22/27€5k€5k=
Land and buildings22€5k€5k=
Current assets29/58€47k€47k▲
Stocks and contracts in progress3€42k€43k▲
Stocks30/36€42k€43k▲
Amounts receivable within one year40/41€2k€81▼
Trade receivables40€539€81▼
Other amounts receivable41€1k€0▼
Cash at bank and in hand54/58€2k€3k▲
Deferred charges and accrued income490/1€385€389▲
Equity and liabilities
Total equity and liabilities10/49€52k€53k▲
Equity10/15€-13k€-17k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€18k€18k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€11k€11k=
Profit (loss) carried forward14€-93k€-97k▼
Amounts payable17/49€65k€70k▲
Amounts payable after more than one year17€30k€34k▲
Other amounts payable178/9€30k€34k▲
Amounts payable within one year42/48€36k€36k▲
Taxes, remuneration and social security45€0€110▲
Taxes450/3€0€110▲
Other amounts payable47/48€36k€36k=
Income statement
Code20232024
Other operating charges640/8€914€1k▲
Gross operating margin9900€-10k€-3k▲
Operating profit (loss)9901€-11k€-4k▲
Financial income75/76B€17€4▼
Recurring financial income75€17€4▼
Financial charges65/66B€266€289▲
Recurring financial charges65€266€289▲
Profit (loss) for the period before taxes9903€-11k€-4k▲
Profit (loss) for the period9904€-11k€-4k▲
Profit (loss) for the period to be appropriated9905€-11k€-4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-93k€-97k▼
Profit (loss) brought forward from the previous period14P€-82k€-93k▼
The notes to these accounts (7 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 · abbreviated schema
2024
04-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €-11k
Net result drops to €-11k, the lowest in the series; recovery starts the following year.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
17-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
07-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
16-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
04-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
11-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
07-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
21-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Waregem · 1 establishment unit since 1983
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.
Sprietestraat 2408792 WaregemGround area
1,991 m²
Building footprint
1,977 m²
Volume, LiDAR
9,469 m³
Parcel 34010B0530/00S002, Flanders · tallest building 10.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
VEBA PLASTICS
since 19832.021.637.475
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34010B0530/00S002 | Flanders | 1,991 m² | 1 · 1,977 m² | 10.3 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.
Similar companies · same sector, comparable size
LE MINH NAILS
BE 0717.714.975
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MUZE ANTWERP
BE 0759.899.186
Geel · Eq €2k
Julien + Anna
BE 0757.476.958
Herent · Eq €2k
BROK
BE 0782.260.656
Gent · Eq €2k
RIX ENCHÈRES
BE 1022.170.459
Rixensart · Eq €2k
Of 12,959 companies in sector 47120 we hold annual accounts for 2,190. 669 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded06-01-1983
Fiscal year end31-12
Activities, NACEBEL
47120Other non-specialised retail sale
47192Retail trade
52121
Sources
Crossroads Bank for EnterprisesNational Bank · 42 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.