What does SOVAPLASTICS do?

SOVAPLASTICS is a metalworking company in Tielt. Private Limited, started on 27 December 1984, 1 establishment.

What is the address of SOVAPLASTICS?

The registered office of SOVAPLASTICS is located at Szamotulystraat 18, 8700 Tielt.

Is SOVAPLASTICS still active?

Yes. According to the CBE (29 October 2026) SOVAPLASTICS is active, legal situation “Normale toestand”, started on 27 December 1984.

Is SOVAPLASTICS registered on Peppol?

Yes, SOVAPLASTICS is registered on the Peppol network with ID 0208:0426612631.

What is the enterprise number of SOVAPLASTICS?

The enterprise number of SOVAPLASTICS is BE0426612631.

When was SOVAPLASTICS founded?

SOVAPLASTICS was founded on 27 December 1984.

Who are the directors of SOVAPLASTICS?

According to the 2025 annual accounts, the directors of SOVAPLASTICS are: Najalu BV, Ibjo BV.

Is SOVAPLASTICS a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 27 December 1984; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did SOVAPLASTICS make in 2025?

SOVAPLASTICS posted a profit after taxes of € 30,263 in financial year 2025.

What is the revenue of SOVAPLASTICS?

In its most recent annual accounts (2025), SOVAPLASTICS reported revenue of € 12,304,337.

How much does an employee at SOVAPLASTICS earn?

The average wage cost per full-time employee at SOVAPLASTICS was € 64,100 in 2025: staff costs of € 2 million for 31.7 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does SOVAPLASTICS have?

According to the 2025 annual accounts, SOVAPLASTICS has 31.7 full-time equivalents (FTE).

SOVAPLASTICS (Private Limited) - Tielt - BE0426612631

Dossier SOVAPLASTICS, printed on 29 October 2026 from databakkes.be/en/0426612631/sovaplastics. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

SOVAPLASTICS from Tielt, company number BE0426612631, closed financial year 2025 with a result of € 30,263 after tax. For that financial year SOVAPLASTICS recorded revenue of € 12.3 million and equity of € 3.7 million. Compared with financial year 2024, the result moved from € 7,489 to € 30,263. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.

What it is worth Growing

€ 3.7 million

▲ 1% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 30,263

▲ € 22,775 vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 656,612

▼ 29% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 3.7 million.

People and assets in 2025

Full-time equivalents

31.7

▼ 0.3 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 4.1 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 2 million

▲ 4% vs 2024

€ 64,100 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.

Vehicles and equipment

€ 198,468

▼ 2% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 6 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 2.5 million

▲ 177% vs 2024

€ 443,744 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.

Owed to suppliers

€ 2.1 million

▲ 6% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 73 days on average.

Taxes and wages

€ 304,216

▲ 19% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 12,587,238 Revenue 2022: € 12,587,238 First fiscal year in the series	€ 11,426,982 Revenue 2023: € 11,426,982 ▼ 9% vs 2022 (€ 12,587,238) Unfavourable step	€ 11,892,916 Revenue 2024: € 11,892,916 ▲ 4% vs 2023 (€ 11,426,982) Favourable step	€ 12,304,337 Revenue 2025: € 12,304,337 ▲ 3% vs 2024 (€ 11,892,916) Favourable step	▲ 3%
Profit after taxes	€ 308,317 Profit after taxes 2022: € 308,317 First fiscal year in the series	€ 19,508 Profit after taxes 2023: € 19,508 ▼ 94% vs 2022 (€ 308,317) Unfavourable step	€ 7,489 Profit after taxes 2024: € 7,489 ▼ 62% vs 2023 (€ 19,508) Unfavourable step	€ 30,263 Profit after taxes 2025: € 30,263 ▲ € 22,775 vs 2024 (€ 7,489) Favourable step	▲ € 22,775
Equity	€ 3,656,501 Equity 2022: € 3,656,501 First fiscal year in the series	€ 3,676,010 Equity 2023: € 3,676,010 ▲ 1% vs 2022 (€ 3,656,501) Favourable step	€ 3,683,498 Equity 2024: € 3,683,498 Unchanged (€ 3,676,010) Favourable step	€ 3,713,762 Equity 2025: € 3,713,762 ▲ 1% vs 2024 (€ 3,683,498) Favourable step	▲ 1%
Total debts	€ 2,202,512 Total debts 2022: € 2,202,512 First fiscal year in the series	€ 2,193,597 Total debts 2023: € 2,193,597 Unchanged (€ 2,202,512) Favourable step	€ 3,380,698 Total debts 2024: € 3,380,698 ▲ 54% vs 2023 (€ 2,193,597) Unfavourable step	€ 4,952,597 Total debts 2025: € 4,952,597 ▲ 46% vs 2024 (€ 3,380,698) Unfavourable step	▲ 46%
Cash	€ 811,410 Cash 2022: € 811,410 First fiscal year in the series	€ 679,199 Cash 2023: € 679,199 ▼ 16% vs 2022 (€ 811,410) Unfavourable step	€ 919,048 Cash 2024: € 919,048 ▲ 35% vs 2023 (€ 679,199) Favourable step	€ 656,612 Cash 2025: € 656,612 ▼ 29% vs 2024 (€ 919,048) Unfavourable step	▼ 29%
Retained profit	€ 3,624,614 Retained profit 2022: € 3,624,614 First fiscal year in the series	€ 3,644,123 Retained profit 2023: € 3,644,123 ▲ 1% vs 2022 (€ 3,624,614) Favourable step	€ 3,651,611 Retained profit 2024: € 3,651,611 Unchanged (€ 3,644,123) Favourable step	€ 3,681,875 Retained profit 2025: € 3,681,875 ▲ 1% vs 2024 (€ 3,651,611) Favourable step	▲ 1%
Bank debt	€ 24,402 Bank debt 2022: € 24,402 First fiscal year in the series	€ 0 Bank debt 2023: € 0 ▼ 100% vs 2022 (€ 24,402) Favourable step	€ 900,000 Bank debt 2024: € 900,000 Unchanged (€ 0) Unfavourable step	€ 2,491,218 Bank debt 2025: € 2,491,218 ▲ 177% vs 2024 (€ 900,000) Unfavourable step	▲ 177%
Balance sheet total	€ 5,881,912 Balance sheet total 2022: € 5,881,912 First fiscal year in the series	€ 5,892,505 Balance sheet total 2023: € 5,892,505 Unchanged (€ 5,881,912) Unchanged	€ 7,087,095 Balance sheet total 2024: € 7,087,095 ▲ 20% vs 2023 (€ 5,892,505) Unchanged	€ 8,680,334 Balance sheet total 2025: € 8,680,334 ▲ 22% vs 2024 (€ 7,087,095) Unchanged	▲ 22%
Employees (FTE)	39.1 Employees (FTE) 2022: 39.1 First fiscal year in the series	32.4 Employees (FTE) 2023: 32.4 ▼ 6.7 vs 2022 (39.1) Unchanged	32 Employees (FTE) 2024: 32 ▼ 0.4 vs 2023 (32.4) Unchanged	31.7 Employees (FTE) 2025: 31.7 ▼ 0.3 vs 2024 (32) Unchanged	▼ 0.3

Key figures of SOVAPLASTICS, 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 SOVAPLASTICS?

What happened at SOVAPLASTICS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Aug 31, 2026 New annual accounts for financial year 2025: profit of € 30,263 (▲ € 22,775 vs 2024). filed late Source: NBB ↗
2025 Najalu BV became a director. NBB
2025 Ibjo BV became a director. NBB
Jan 1, 1985 New establishment in Tielt. KBO
Dec 27, 1984 Start of the company according to the CBE. KBO

In short

From € 308,317 profit in 2022 to € 30,263 profit in 2025.

Paid € 400,282 in corporate taxes since 2022.

Best year ever: 2022, with € 308,317 profit.

Pays suppliers within 73 days on average.

Original PDFs at the National Bank ↗

Management

SOVA-CONSULT 100%

The stake of SOVA-CONSULT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

SOVAPLASTICS

Behind SOVAPLASTICS are Najalu BV and Ibjo BV. The shares are held by SOVA-CONSULT (100%).

Directors

According to the 2025 annual accounts

Najalu BV

Director · represented by Mathias Somers

Also active at: SOVA ENGINEERING

since 2025

Ibjo BV

Director · represented by Sarah Somers

Also active at: SOVA ENGINEERING

since 2025

Shareholders

SOVA-CONSULT

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Szamotulystraat 18

8700 Tielt

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.

All companies at this address →

SOVA ENGINEERING same network

€ 1.2 million revenue · 2025

Somers-Vaernewyck

SOVA-INVEST

€ 520,620 revenue · 2025

SOVA INVEST BVBA

SOVA-CONSULT same network

€ 723,072 revenue · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0426.612.631

VAT number

BE 0426.612.631

Registered office

Szamotulystraat 18, 8700 Tielt

Names & denominations

SOVAPLASTICS

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

27 December 1984

Peppol

Active · Active since 26 Nov 2025

Activities · NACE

Vervaardiging van overige producten van kunststof

Vervaardiging van andere producten van kunststof

Vervaardiging van platen, vellen, buizen en profielen van kunststof

View on CBE Public ↗ Annual accounts (NBB) ↗

SOVAPLASTICS

Financials

What happened to SOVAPLASTICS?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions