Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 53 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PLASTIBAC from Kuurne, company number BE0422488745, closed financial year 2025 with a result of € 216,591 after tax. For that financial year PLASTIBAC recorded a gross margin of € 750,170 and equity of € 2 million. Compared with financial year 2024, the result moved from € 116,918 to € 216,591. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 2 million
▼ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 216,591
▲ 85% vs 2024
Profit after tax over the fiscal year.
€ 8,875
Cash and bank balances on the last day of the fiscal year.
€ 500,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
4.8
▼ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 458,463
▼ 3% vs 2024
€ 95,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1.8 million
▲ € 1.4 million vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 98,721
▼ 31% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 759,435 | € 624,491 | € 619,636 | € 750,170 | ▲ 21% |
| Profit after taxes | € 115,625 | € 65,616 | € 116,918 | € 216,591 | ▲ 85% |
| Equity | € 2,054,252 | € 2,119,868 | € 2,236,786 | € 1,953,377 | ▼ 13% |
| Total debts | € 2,098,847 | € 1,577,826 | € 1,451,694 | € 1,913,359 | ▲ 32% |
| Cash | € 36 | € 556 | € 0 | € 8,875 | |
| Retained profit | € 1,992,752 | € 2,058,368 | € 2,175,286 | € 1,891,877 | ▼ 13% |
| Dividend | € 0 | € 0 | € 0 | € 500,000 | |
| Bank debt | € 41,667 | € 2,532 | € 0 | € 0 | |
| Balance sheet total | € 4,153,099 | € 3,697,694 | € 3,688,480 | € 3,866,736 | ▲ 5% |
| Employees (FTE) | 6 | 5 | 5 | 4.8 | ▼ 0.2 |
Key figures of PLASTIBAC, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to PLASTIBAC?
What happened at PLASTIBAC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Freddy Vanderbeke stepped down as director. NBB
- Eline Demeulemeester stepped down as director. NBB
- 2pg Group NV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 216,591 (▲ 85% vs 2024). filed late Source: NBB ↗
- Eline Demeulemeester became a director. NBB
- Freddy Vanderbeke became a director. NBB
- 2pg Group NV became a director. NBB
- New establishment in Kuurne. KBO
In short
From € 115,625 profit in 2022 to € 216,591 profit in 2025.
Paid € 210,855 in corporate taxes since 2022.
Best year ever: 2025, with € 216,591 profit.
On average € 156,300 of value added per employee in 2025.
Management
The stake of 2PG GROUP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PLASTIBACThe shares are held by 2PG GROUP (100%).
Directors
According to the 2025 annual accounts
Freddy Vanderbeke
Managing director
Also active at: Koninklijke Belgische Vereniging voor Koude en Luchtbehandeling, LINUM EUROPE, FERMOD, 2PG GROUP, Prihoda
since 2025 · until 2031
since 2025 · until 2031
Managing director · represented by Vanderbeke Jan
Also active at: LINUM EUROPE, FERMOD, Prihoda
since 2025 · until 2031
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Pieter Verhaeghestraat 20
8520 Kuurne
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →LINUM EUROPE same network
€ 35.4 million revenue · 2025
FERMOD same network
€ 124,313 gross margin · 2025
2PG GROUP same network
€ 4.4 million gross margin · 2025
Prihoda same network
€ 461,644 gross margin · 2025
Linum Charity
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
BELGACOM Proximus Customer Edge-Network, BE
Domain
Domain
plastibac.eu
Registrar
IDcreation nv
Website info
Features
Security
Details
- Company number
- 0422.488.745
- VAT number
- BE 0422.488.745
- Registered office
- Pieter Verhaeghestraat 20, 8520 Kuurne
- Names & denominations
- PLASTIBAC
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 February 1982
- Peppol
- Active · Active since 24 Sept 2025
- Contact
- plastibac.eu
- Activities · NACE
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