ACTIVE

PLASTIBAC

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Financial year 2025 · closed on 31/12/2025

Net result

216,6 k €

+85.2% YoY

Gross margin

750,2 k €

+21.1% YoY

Equity

2 M €

-12.7% YoY

Workforce

4,8 ETP

-4.0% YoY

What does PLASTIBAC do?

PLASTIBAC is a Public limited company incorporated in 1982. Its registered office is in Kuurne. It employs on average 4,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0422.488.745

Incorporation

18/02/1982

Legal form

Public limited company

Registered office

Pieter Verhaeghestraat 20
8520 Kuurne · FlandreSee on map

Contributed capital

61 500,00 €

Latest accounts

31/12/2025

Average workforce

4,8 ETP

Joint committees (4)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	750,2 k €	+21.1%	619,6 k €	-0.8%	624,5 k €	-17.8%	759,4 k €	+19.9%	633,6 k €	-15.7%	751,9 k €	+41.9%	529,8 k €	-14.3%	618,2 k €		–		–		–		566,5 k €	-21.1%	718,1 k €	+14.3%	628,5 k €	+1.7%	617,8 k €	+3.2%	598,5 k €	+31.1%	456,6 k €	+28.1%	356,3 k €
EBITDA	286,9 k €	+108%	138,1 k €	-25.2%	184,8 k €	-38.9%	302,4 k €	+44.3%	209,5 k €	-42.1%	361,9 k €	+109%	173,1 k €	-34.5%	264,4 k €	+168%	98,6 k €	-59.8%	245,6 k €	+18.0%	208,1 k €	+127%	91,9 k €	-62.9%	247,4 k €	+26.7%	195,2 k €	-26.4%	265,1 k €	+29.0%	205,5 k €	+112%	97 k €	+41.2%	68,7 k €
Operating result	232 k €	+130%	100,8 k €	+61.0%	62,6 k €	-63.4%	171,2 k €	+11.0%	154,3 k €	-48.1%	297,2 k €	+171%	109,6 k €	-53.9%	237,8 k €	+274%	63,7 k €	-69.0%	205 k €	+34.3%	152,6 k €	+196%	51,5 k €	-74.5%	201,7 k €	+26.9%	159 k €	-27.6%	219,6 k €	+54.9%	141,7 k €	+200%	47,3 k €	+90.1%	24,9 k €
Net result	216,6 k €	+85.2%	116,9 k €	+78.2%	65,6 k €	-43.3%	115,6 k €	-12.8%	132,6 k €	-42.8%	231,8 k €	+255%	65,2 k €	-50.2%	131,1 k €	+138%	55 k €	-63.7%	151,6 k €	+24.2%	122,1 k €	+41.0%	86,6 k €	-51.1%	176,9 k €	-1.4%	179,4 k €	-12.3%	204,6 k €	+89.6%	107,9 k €	+169%	40,1 k €	+92.2%	20,9 k €
Balance sheet
Equity	2 M €	-12.7%	2,2 M €	+5.5%	2,1 M €	+3.2%	2,1 M €	+6.0%	1,9 M €	+14.2%	1,7 M €	+15.8%	1,5 M €	+4.7%	1,4 M €	+10.3%	1,3 M €	+4.5%	1,2 M €	+14.3%	1,1 M €	+13.0%	940,7 k €	+4.6%	899,2 k €	+24.5%	722,2 k €	+1.3%	712,8 k €	+10.8%	643,2 k €	+11.8%	575,3 k €	+7.5%	535,2 k €
Total assets	3,9 M €	+4.8%	3,7 M €	-0.2%	3,7 M €	-11.0%	4,2 M €	+6.6%	3,9 M €	+37.1%	2,8 M €	-0.2%	2,8 M €	+5.4%	2,7 M €	+7.9%	2,5 M €	+26.4%	2 M €	+4.7%	1,9 M €	+15.2%	1,6 M €	-16.0%	2 M €	+21.0%	1,6 M €	+13.2%	1,4 M €	-2.2%	1,5 M €	-8.6%	1,6 M €	+50.8%	1,1 M €
Cash	8,9 k €		0 €	-100%	556,3 €	+1425%	36,5 €	-100.0%	250 k €	+97267%	256,8 €	-23.2%	334,4 €	-0.6%	336,3 €		–		674 €	+68.5%	400 €	0.0%	400 €	-99.9%	500,9 k €	+38192%	1,3 k €	+47.3%	888 €	-35.6%	1,4 k €	+60.3%	859,4 €	-77.1%	3,7 k €
Debts	1,9 M €	+31.8%	1,5 M €	-6.3%	1,5 M €	-26.2%	2,1 M €	+7.2%	2 M €	+71.0%	1,1 M €	-16.9%	1,4 M €	+6.2%	1,3 M €	+7.3%	1,2 M €	+60.5%	753 k €	-9.3%	830,3 k €	+18.1%	702,7 k €	-32.8%	1 M €	+17.3%	891,5 k €	+24.7%	714,8 k €	-11.4%	806,6 k €	-21.1%	1 M €	+110%	487,4 k €
Other
Workforce	4,8 ETP	-4.0%	5,0 ETP	0.0%	5,0 ETP	-16.7%	6,0 ETP	-3.2%	6,2 ETP	-11.4%	7,0 ETP	+4.5%	6,7 ETP	+9.8%	6,1 ETP	-11.6%	6,9 ETP	-24.2%	9,1 ETP	-2.2%	9,3 ETP	-3.1%	9,6 ETP	+6.7%	9,0 ETP	+2.3%	8,8 ETP	+10.0%	8,0 ETP	-10.1%	8,9 ETP	-5.3%	9,4 ETP	+30.6%	7,2 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 26 ended

Active mandates

Eline Demeulemeester

Managing director · since 01 juillet 2025 · until 26 juin 2031

Active

2PG GROUP

Managing director · since 30 juin 2025 · until 26 juin 2031 · 0441.459.272

Represented by Vanderbeke Jan

Active

Freddy Vanderbeke

Managing director · since 30 juin 2025 · until 26 juin 2031

Active

Ended mandates

VANJANCO

Director · since 01 janvier 2023 · until 30 juin 2025 · 0834.454.871

Represented by Demeulemeester ELINE

Ended

VANJANCO

Director · since 01 janvier 2023 · until 29 juin 2028 · 0834.454.871

Represented by Eline DEMEULEMEESTER

Ended

VANJANCO

Director · since 01 janvier 2023 · until 31 décembre 2028 · 0834.454.871

Represented by Demeulemeester ELINE

Ended

2PG GROUP

Managing director · since 20 juin 2019 · until 26 juin 2025 · 0441.459.272

Represented by Vanderbeke JAN

Ended

At this address

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2PG GROUP● Active	0441.459.272
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GROEP VANDERBEKE● Active	0644.501.454
Linum Charity● Active	0537.393.163
LINUM EUROPE● Active	0424.584.935
Prihoda● Active	0448.879.970

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/08/2026	22/07/2025	26/07/2024	27/07/2023	30/06/2022	05/07/2021
General meeting	31/07/2026	30/06/2025	27/06/2024	30/06/2023	30/06/2022	24/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	31/07/2026	31/08/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	22/07/2025	Dutch	PDF
Abridged model	31/12/2023	27/06/2024	26/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	27/07/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	30/06/2022	Dutch	PDF
Abridged model	31/12/2020	24/06/2021	05/07/2021	Dutch	PDF
Abridged model	31/12/2019	25/06/2020	22/07/2020	Dutch	PDF
Abridged model	31/12/2018	27/06/2019	26/07/2019	Dutch	PDF
Abridged model	31/12/2017	28/06/2018	02/07/2018	Dutch	PDF
Abridged model	31/12/2016	29/06/2017	13/07/2017	Dutch	PDF
Full model	31/12/2015	26/07/2016	25/08/2016	Dutch	PDF
Full model	31/12/2014	25/06/2015	30/06/2015	Dutch	PDF
Full model	31/12/2013	21/05/2014	26/06/2014	Dutch	PDF
Abridged model	31/12/2012	27/06/2013	02/07/2013	Dutch	PDF
Abridged model	31/12/2011	28/06/2012	29/06/2012	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	11/07/2011	Dutch	PDF
Abridged model	31/12/2009	24/06/2010	07/07/2010	Dutch	PDF
Abridged model	31/12/2008	25/06/2009	08/07/2009	Dutch	PDF
Abridged model	31/12/2007	26/06/2008	27/06/2008	Dutch	PDF
Abridged model	31/12/2006	28/06/2007	03/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 26 ended

Active mandates

Eline Demeulemeester

Managing director · since 01 juillet 2025 · until 26 juin 2031

Active

2PG GROUP

Managing director · since 30 juin 2025 · until 26 juin 2031 · 0441.459.272

Represented by Vanderbeke Jan

Active

Freddy Vanderbeke

Managing director · since 30 juin 2025 · until 26 juin 2031

Active

Ended mandates

VANJANCO

Director · since 01 janvier 2023 · until 30 juin 2025 · 0834.454.871

Represented by Demeulemeester ELINE

Ended

VANJANCO

Director · since 01 janvier 2023 · until 29 juin 2028 · 0834.454.871

Represented by Eline DEMEULEMEESTER

Ended

VANJANCO

Director · since 01 janvier 2023 · until 31 décembre 2028 · 0834.454.871

Represented by Demeulemeester ELINE

Ended

2PG GROUP

Managing director · since 20 juin 2019 · until 26 juin 2025 · 0441.459.272

Represented by Vanderbeke JAN

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates28/05/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/02/2023
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares11/02/2021
KAPITAAL - AANDELEN
PDF
Registered office28/08/2020
MAATSCHAPPELIJKE ZETEL
PDF
Mandates04/07/2019
WIJZIGING RECHTSVORM - BENAMING - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates22/06/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/08/2015
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/06/2014
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025216,6 k €↑
2024
Annual accounts 2024116,9 k €↑
2023
Annual accounts 202365,6 k €↓
2022
Annual accounts 2022115,6 k €↓
2021
Annual accounts 2021132,6 k €↓
2018
Annual accounts 2018231,8 k €↑
2018
Name changePlastibac
2017
Annual accounts 201765,2 k €↓
2016
Annual accounts 2016131,1 k €↑
2015
Annual accounts 201555 k €↓
2014
Annual accounts 2014151,6 k €↑
2013
Annual accounts 2013122,1 k €↑
2012
Annual accounts 201286,6 k €↓
2011
Annual accounts 2011176,9 k €↓
2010
Annual accounts 2010179,4 k €↓
2009
Annual accounts 2009204,6 k €↑
2008
Annual accounts 2008107,9 k €↑
2007
Annual accounts 200740,1 k €↑
2006
Annual accounts 200620,9 k €
2006
Name changePLASTI-BAC
18/02/1982
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

PLASTIBAC

Overview

What does PLASTIBAC do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline