Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 8 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Plastinox from Wevelgem, company number BE0719874018, closed financial year 2025 with a result of € -51,826 after tax. For that financial year Plastinox recorded a gross margin of € 7,447 and equity of € 185,676. Compared with financial year 2024, the result moved from € -56,686 to € -51,826. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 2, 2026.
€ 185,676
▼ 22% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -51,826
▲ 9 % less loss than in 2024
Profit after tax over the fiscal year.
€ 7,709
▼ 79% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -76,280.
Debts at end 2025
€ 755,875
▼ 15% vs 2024
€ 53,293 is repaid this year. At this pace the long-term loan is gone in ≈ 14 years.
€ 15
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 76,579 | - | |
| Gross margin | € 118,456 | € 121,852 | € 22,285 | € 7,447 | ▼ 67% |
| Profit after taxes | € 232,232 | € 13,927 | € -56,686 | € -51,826 | ▲ € 4,860 |
| Equity | € 52,232 | € 294,188 | € 237,502 | € 185,676 | ▼ 22% |
| Total debts | € 2,014,774 | € 1,023,815 | € 893,517 | € 806,419 | ▼ 10% |
| Cash | € 106,552 | € 49,910 | € 36,015 | € 7,709 | ▼ 79% |
| Land & buildings | € 861,939 | € 1,060,290 | € 1,022,110 | € 983,929 | ▼ 4% |
| Retained profit | € 32,232 | € 32,232 | € -24,454 | € -76,280 | ▼ € 51,826 |
| Dividend | € 738,252 | € 13,927 | € 0 | € 0 | |
| Bank debt | € 1,246,211 | € 979,083 | € 887,196 | € 755,875 | ▼ 15% |
| Balance sheet total | € 2,067,006 | € 1,318,003 | € 1,131,019 | € 992,095 | ▼ 12% |
Key figures of Plastinox, 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 Plastinox?
What happened at Plastinox in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 51,826. Source: NBB ↗
- New establishment in Ieper. KBO
- Start of the company according to the CBE. KBO
In short
From € 232,232 profit in 2022 to € 51,826 loss in 2025.
Paid € 116,807 in corporate taxes since 2022.
Best year ever: 2022, with € 232,232 profit.
Paid out € 752,178 in dividends to the owners in total.
Management
Behind Plastinox is MICHIEL (000-000) VRIELINCK.
Directors
According to the 2025 annual accounts
MICHIEL (000-000) VRIELINCK
Director
Establishments
Establishment units
Physical locations of this company
Kortrijkstraat 343
8560 Wevelgem
Kleine Pennestraat 24
8900 Ieper
Active since 6 February 2019
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0719.874.018
- VAT number
- BE 0719.874.018
- Registered office
- Kortrijkstraat 343, 8560 Wevelgem
- Names & denominations
- Plastinox
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 February 2019
- Peppol
- Active · Active since 13 Oct 2026
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