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 18 % of short-term debt in 2025; threshold 65 %.
-
Shrinking team NBB
FTE fell two years in a row, from 4.7 to 2.8.
Financials
Financial year 2025
PLASTIVAN INVEST from Gent, company number BE0476009682, closed financial year 2025 with a result of € -275,300 after tax. Compared with financial year 2024, the result moved from € 15.1 million to € -275,300. The company made a loss. 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 June 9, 2026.
€ 20.4 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -275,300
▼ still € 15.1 million profit in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € 5.5 million.
People and assets in 2025
2.8
▼ 1.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 270,605
▼ 51% vs 2024
€ 96,600 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.
€ 2,407
▼ 80% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 191,459
▼ 34% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 94 days on average.
€ 71,253
▲ 11% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Profit after taxes | € 58,570 | € 7,022,669 | € 15,139,451 | € -275,300 | ▼ € 15.4 million |
| Equity | € 20,901,136 | € 27,923,805 | € 20,693,257 | € 20,417,956 | ▼ 1% |
| Total debts | € 595,854 | € 656,517 | € 353,239 | € 366,637 | ▲ 4% |
| Cash | € 2,565,188 | € 2,616,122 | - | - | |
| Retained profit | € 6,027,526 | € 13,050,195 | € 5,819,647 | € 5,544,346 | ▼ 5% |
| Dividend | € 0 | € 0 | € 22,370,000 | € 0 | ▼ 100% |
| Balance sheet total | € 21,496,990 | € 28,580,322 | € 21,046,496 | € 20,784,593 | ▼ 1% |
| Employees (FTE) | 4.1 | 4.7 | 3.9 | 2.8 | ▼ 1.1 |
Key figures of PLASTIVAN INVEST, 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 PLASTIVAN INVEST?
What happened at PLASTIVAN INVEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 275,300 (▼ € 15.4 million vs 2024). Source: NBB ↗
- Mark Vandecruys became a director. NBB
- PYGMA bv became a director. NBB
- GUFOS bv became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 58,570 profit in 2022 to € 275,300 loss in 2025.
Paid € 37,316 in corporate taxes since 2022.
Best year ever: 2024, with € 15.1 million profit.
Paid out € 22.4 million in dividends to the owners in total.
Management
The stake of Fedrus International comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PLASTIVAN INVESTBehind PLASTIVAN INVEST are Mark Vandecruys, PYGMA bv and GUFOS bv. The shares are held by Fedrus International (100%). It owns 100% of PLASTIVAN nv itself.
Directors
According to the 2025 annual accounts
Mark Vandecruys
Director
Also active at: Plastivan, EXTRUMAT, VM BUILDING SOLUTIONS, LUMOPLAS, VAN OVERSCHELDE, PLASTIVAN PLASTICS, CYBORN, KOIBA +5 more
since 2023
Director · represented by Peter Vandendriessche
Also active at: Plastivan, HELI, EXTRUMAT, VM BUILDING SOLUTIONS, LUMOPLAS, VAN OVERSCHELDE, APOK, PLASTIVAN PLASTICS +4 more
since 2023
Director · represented by Steven Geirnaert
Also active at: Plastivan, HELI, EXTRUMAT, VM BUILDING SOLUTIONS, LUMOPLAS, VAN OVERSCHELDE, APOK, PLASTIVAN PLASTICS +4 more
since 2023
Shareholders
100%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Geraard de Duivelstraat 1
9000 Gent
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0476.009.682
- VAT number
- BE 0476.009.682
- Registered office
- Geraard de Duivelstraat 1, 9000 Gent
- Names & denominations
- PLASTIVAN INVEST
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 November 2001
- Peppol
- Active · Active since 15 Jan 2026
- Activities · NACE
Activiteiten van holdings
Holdings