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ViskoTeepak

Active
Public limited companyfounded 1974active for 52 yearsMaatheide 81, 3920 Lommel, BelgiumKBO/BCE: BE 0414.281.258
Summary

The computed 12-month bankruptcy probability of ViskoTeepak is 3.3% (moderate). The 2025 annual accounts show negative equity (-€4.0m) and a net result of -€5.8m. Equity is shrinking by about 20% per year across the filed financial years. Its solvency ranks better than 5% of 227 sector peers (NACE 22, financial year 2025). The company has been active since 1974 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Manufacture of rubber and plastic products
NACE 22220
#3 employer in Limburg, Rubber and plastics sector1 site
Size
€107.0mturnover 2025
Staff
271.9 FTE
Equity
-€4.0m
Loss
-€5.8m
Financial health
48 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
3.3%
Structure
Parent
ViskoTeepak Belgium · 99.99%
Accounts filed 17 days late2 of 31 deeds read
Why 48raises riskNegative equity -€4.0mLoss of €5.8m, the second in a row (financial year 2025)Liquidity: current ratio 1.15, cash €1.6m, halvedSector: Manufacture of rubber and plastic products (NACE 22)Show the evidence

Checked score

Score 2025
48 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 14% of its sector peers (all companies)
Financial strength · tick = 2024
Weak
Solvency 18-10
equity -6.7% of total assets
Liquidity 19-13
short-term debt 64.9% · cash 2.8%
Profitability 10-6
return on assets -9.8%
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 0.3% (17 companies, NACE 22, large)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025lowest value 07-2025: 0.4%▲ +0.1 percentage points vs 06-2025 08-2025: 0.9%▲ +0.5 percentage points vs 07-2025 09-2025: 0.9%● unchanged vs 08-2025 10-2025: 0.9%● unchanged vs 09-2025 11-2025: 0.9%● unchanged vs 10-2025 12-2025: 0.9%● unchanged vs 11-2025 01-2026: 0.9%● unchanged vs 12-2025 02-2026: 0.9%● unchanged vs 01-2026 03-2026: 0.9%● unchanged vs 02-2026 04-2026: 0.9%● unchanged vs 03-2026 05-2026: 0.9%● unchanged vs 04-2026 06-2026: 0.9%● unchanged vs 05-2026 07-2026: 0.9%● unchanged vs 06-2026 08-2026: 1.5%▲ +0.6 percentage points vs 07-2026 09-2026: 3.3%▲ +1.8 percentage points vs 08-2026highest value 10-2026: 3.3%● unchanged vs 09-2026highest value
No credit on open account
Liquidity tight (current ratio 1.15, compared with 1.39 in 2024; short-term debt: 64.9% and cash: 2.8% of total assets), and equity is negative.
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 (all companies): better than 8% on solvency, 14% on liquidity, 11% on profitability and 23% on growth.

The bankruptcy probability was computed on 09-10-2026 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

Six signals.
raises riskneutral
raises risk · Negative equity -€4.0m
NBB · annual accounts
raises risk · Loss of €5.8m, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 1.15, cash €1.6m, halved
NBB · annual accounts
raises risk · Sector: Manufacture of rubber and plastic products (NACE 22)
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€4.0m
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-08-2026, 17 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are in a legal situation other than normal, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
17 days late
2024
16 days early
2023
7 days early
2022
42 days early
2021
15 days late
2020
19 days early
2019
16 days early
← 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 10 days before the deadline; the sector median (NACE 22) for financial year 2024 is 14 days before the deadline, and 34% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 25 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
10-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignation: ERIKSSON Axel Tryggve (director)Appointment: ERIKSSON Ben Rafael Tryggve…
  2. Annual accounts filedfinancial year 2025 · full…
  3. Weakest financial yearnet -€5.8m

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€4.0m View
  • Caution: Result fell in 2025from -€3.0m to -€5.8m ▼ 90.9% View
  • Caution: Among the weakest 5% on solvencysector median 50.2% · 227 companies -6.7% View
  • Caution: Board changedlatest change 18-09-2026 · 1 in office 1 joined · 1 left View
  • Controlled by ViskoTeepak Belgiumultimately: ViskoTeepak Holding Ab LTD 99.99% View
  • Caution: 2 loss-making years in a rowloss financial year 2025 -€5.8m View
  • Flemish supportawarded 2022 - 2025 €324,230 View
  • Active since 1974founded 08-05-1974 52 years View

By topic

Financials

Financial year
2025
Turnover
€107.0m
Loss
-€5.8m
Solvency
-6.7%
Turnover▼ 6.0%
Net result
20182025
Go to Financials

Board & ownership

Board
1 member
Parent
ViskoTeepak Belgium · 99.99%
  • ERIKSSON Ben Rafael TryggveDirector
Go to Board & ownership

Timeline

Events
53
Since
1978
Next accounts
by 31-07-2027
  1. 22-09-2025Appointments: Tom Pussinen (managing director) and Pieter…
  2. 15-07-2025Annual accounts filed
  3. 24-07-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Manufacture of rubber and plastic productsNACE 22220
Founded
08-05-1974
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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