SOVAPLASTICS
0426.612.631 · rovalta.com · 24/09/2026
ACTIVE
SOVAPLASTICS
Financial year 2025 · closed on 31/12/2025
Net result
30,3 k €
+304.1% YoY
Revenue
12,3 M €
+3.5% YoY
Equity
3,7 M €
+0.8% YoY
Workforce
31,7 ETP
-0.9% YoY
Overview
What does SOVAPLASTICS do?
SOVAPLASTICS is a Private limited company incorporated in 1984. Its main activity is: Manufacture of plastic plates, sheets, tubes and profiles. Its registered office is in Tielt. It employs on average 31,7 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0426.612.631
Incorporation
27/12/1984
Legal form
Private limited company
Registered office
Szamotulystraat 18
8700 Tielt · FlandreSee on map
8700 Tielt · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
31,7 ETP
Activities (NACE)
22210Manufacture of plastic plates, sheets, tubes and profiles· main22210Manufacture of plastic plates, sheets, tubes and profiles22260Manufacture of plastic products22290Manufacture of other plastic products25210Manufacture of central heating radiators and boilers25240Manufacture of tanks, reservoirs and containers of metal
Joint committees (2)
- 116
- 207
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
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Financials
Trend over 20 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||||
| Revenue | 12,3 M € | +3.5% | 11,9 M € | +4.1% | 11,4 M € | -9.2% | 12,6 M € | +5.7% | 11,9 M € | -3.1% | 12,3 M € | -12.7% | 14,1 M € | -4.9% | 14,8 M € | +12.2% | 13,2 M € | +5.6% | 12,5 M € | -0.7% | 12,6 M € | +10.9% | 11,3 M € | +3.3% | 11 M € | -1.8% | 11,2 M € | -6.1% | 11,9 M € | +24.2% | 9,6 M € | +16.5% | 8,2 M € | +4.0% | 7,9 M € | -4.2% | 8,3 M € | -2.7% | 8,5 M € |
| EBITDA | 546 k € | +104% | 267,1 k € | +21.1% | 220,6 k € | -66.7% | 661,7 k € | -22.3% | 851,9 k € | +13.5% | 750,5 k € | -21.4% | 954,6 k € | +5.3% | 906,8 k € | +8.0% | 839,8 k € | -18.8% | 1 M € | -3.5% | 1,1 M € | +90.8% | 561,7 k € | +3.2% | 544 k € | -19.1% | 672,6 k € | +16.7% | 576,5 k € | -11.3% | 650,2 k € | -8.1% | 707,3 k € | -19.0% | 873 k € | +38.9% | 628,5 k € | +57.5% | 399 k € |
| Operating result | 147,9 k € | +600% | 21,1 k € | -79.1% | 100,9 k € | -81.8% | 556,1 k € | -23.2% | 724 k € | +19.7% | 604,7 k € | +1.3% | 596,6 k € | +30.8% | 456,2 k € | +23.8% | 368,6 k € | -20.9% | 465,7 k € | -44.7% | 842,7 k € | +120% | 383,6 k € | +258% | 107,1 k € | -50.9% | 217,9 k € | +142% | 90,2 k € | -43.7% | 160,2 k € | -23.4% | 209,1 k € | +56.7% | 133,5 k € | +7.3% | 124,4 k € | +16.0% | 107,3 k € |
| Net result | 30,3 k € | +304% | 7,5 k € | -61.6% | 19,5 k € | -93.7% | 308,3 k € | -43.1% | 541,5 k € | +55.4% | 348,4 k € | +58.0% | 220,6 k € | -22.4% | 284,4 k € | +64.4% | 172,9 k € | +1374% | 11,7 k € | -98.2% | 641 k € | +107% | 309,5 k € | +4203% | -7,5 k € | -112% | 61,6 k € | +248% | -41,6 k € | -239% | 29,9 k € | -94.0% | 502,7 k € | +2916% | 16,7 k € | +190% | -18,5 k € | -159% | 31,3 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 3,7 M € | +0.8% | 3,7 M € | +0.2% | 3,7 M € | +0.5% | 3,7 M € | +9.2% | 3,3 M € | +19.3% | 2,8 M € | +14.2% | 2,5 M € | +9.9% | 2,2 M € | +14.6% | 2 M € | +9.7% | 1,8 M € | +0.7% | 1,8 M € | +56.8% | 1,1 M € | -47.9% | 2,2 M € | -0.3% | 2,2 M € | +2.9% | 2,1 M € | -1.9% | 2,2 M € | +1.4% | 2,1 M € | +31.1% | 1,6 M € | +1.0% | 1,6 M € | -1.1% | 1,6 M € |
| Total assets | 8,7 M € | +22.5% | 7,1 M € | +20.3% | 5,9 M € | +0.2% | 5,9 M € | +0.3% | 5,9 M € | +15.4% | 5,1 M € | -22.6% | 6,6 M € | -0.4% | 6,6 M € | +8.5% | 6,1 M € | +14.0% | 5,3 M € | +13.0% | 4,7 M € | +60.0% | 2,9 M € | -50.2% | 5,9 M € | -7.9% | 6,4 M € | -1.6% | 6,5 M € | -2.8% | 6,7 M € | -7.1% | 7,2 M € | -2.0% | 7,4 M € | -0.5% | 7,4 M € | +10.0% | 6,7 M € |
| Cash | 656,6 k € | -28.6% | 919 k € | +35.3% | 679,2 k € | -16.3% | 811,4 k € | -9.4% | 895,2 k € | -48.6% | 1,7 M € | +129% | 760 k € | +37.1% | 554,3 k € | -52.9% | 1,2 M € | +137% | 497,1 k € | -29.5% | 705,6 k € | +16.4% | 605,9 k € | -3.9% | 630,7 k € | +50.9% | 417,8 k € | -49.9% | 833,9 k € | +9.4% | 762 k € | -37.5% | 1,2 M € | +227% | 372,8 k € | -59.2% | 914 k € | -56.9% | 2,1 M € |
| Debts | 5 M € | +46.5% | 3,4 M € | +58.1% | 2,1 M € | -0.5% | 2,1 M € | -11.8% | 2,4 M € | +8.1% | 2,3 M € | -44.8% | 4,1 M € | -5.7% | 4,3 M € | +5.6% | 4,1 M € | +19.4% | 3,4 M € | +19.3% | 2,9 M € | +64.0% | 1,8 M € | -48.3% | 3,4 M € | -9.8% | 3,8 M € | -3.1% | 3,9 M € | -5.9% | 4,1 M € | -10.2% | 4,6 M € | -17.0% | 5,5 M € | +1.0% | 5,5 M € | +13.3% | 4,8 M € |
| Other | |||||||||||||||||||||||||||||||||||||||
| Workforce | 31,7 ETP | -0.9% | 32,0 ETP | -1.2% | 32,4 ETP | -17.1% | 39,1 ETP | +6.3% | 36,8 ETP | -4.7% | 38,6 ETP | -11.1% | 43,4 ETP | +0.2% | 43,3 ETP | +2.6% | 42,2 ETP | +72.2% | 24,5 ETP | -36.0% | 38,3 ETP | +2.7% | 37,3 ETP | -0.3% | 37,4 ETP | -2.6% | 38,4 ETP | -6.6% | 41,1 ETP | +29.2% | 31,8 ETP | +8.5% | 29,3 ETP | -16.0% | 34,9 ETP | +16.3% | 30,0 ETP | -1.6% | 30,5 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 500 k€ and 1 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 10 ended
At this address
Other companies at this address
| Company | CBE no. |
|---|---|
Somers-Vaernewyck● Active | 0554.867.615 |
SOVA-CONSULT● Active | 0862.347.420 |
SOVA ENGINEERING● Active | 0442.847.263 |
SOVA-INVEST● Active | 0556.806.229 |
SOVA INVEST BVBA● Active | 0568.864.319 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Full model | Full model | Full 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 | 24/09/2025 | 30/08/2024 | 22/09/2023 | 10/08/2022 | 28/09/2021 |
| General meeting | 31/07/2026 | 22/09/2025 | 03/05/2024 | 05/05/2023 | 30/06/2022 | 07/05/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2025 | 31/07/2026 | 31/08/2026 | Dutch | |
| Full model | 31/12/2024 | 22/09/2025 | 24/09/2025 | Dutch | |
| Full model | 31/12/2023 | 03/05/2024 | 30/08/2024 | Dutch | |
| Full model | 31/12/2022 | 05/05/2023 | 22/09/2023 | Dutch | |
| Full model | 31/12/2021 | 30/06/2022 | 10/08/2022 | Dutch | |
| Full model | 31/12/2020 | 07/05/2021 | 28/09/2021 | Dutch | |
| Full model | 31/12/2019 | 29/09/2020 | 31/10/2020 | Dutch | |
| Full model | 31/12/2018 | 26/09/2019 | 27/09/2019 | Dutch | |
| Full model | 31/12/2017 | 04/05/2018 | 31/08/2018 | Dutch | |
| Full model | 31/12/2016 | 05/05/2017 | 12/08/2017 | Dutch | |
| Full model | 31/12/2015 | 26/09/2016 | 28/09/2016 | Dutch | |
| Full model | 31/12/2014 | 12/06/2015 | 21/08/2015 | Dutch | |
| Full model | 31/12/2013 | 02/05/2014 | 03/07/2014 | Dutch | |
| Full model | 31/12/2012 | 23/08/2013 | 23/08/2013 | Dutch | |
| Full model | 31/12/2011 | 24/05/2012 | 13/06/2012 | Dutch | |
| Full model | 31/12/2010 | 23/08/2011 | 24/08/2011 | Dutch | |
| Full model | 31/12/2009 | 31/08/2010 | 31/08/2010 | Dutch | |
| Full model | 31/12/2008 | 27/08/2009 | 28/08/2009 | Dutch | |
| Full model | 31/12/2007 | 12/09/2008 | 15/09/2008 | Dutch | |
| Full model | 31/12/2006 | 05/07/2007 | 30/07/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 500 k€ and 1 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 10 ended
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates29/01/2026ONTSLAGEN - BENOEMINGEN
- Mandates14/03/2025ONTSLAGEN - BENOEMINGEN
- Mandates21/12/2023WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
- Mandates10/11/2016ONTSLAGEN - BENOEMINGEN
- Restructuring13/08/2014RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Restructuring02/06/2014RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Mandates12/02/2013ONTSLAGEN - BENOEMINGEN
- Registered office23/07/2008VERPLAATSEN MAATSCHAPPELIJKE ZETEL - OMZETTING KAPITAAL IN
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202530,3 k €↑
- 2024Annual accounts 20247,5 k €↓
- 2023Annual accounts 202319,5 k €↓
- 2022Annual accounts 2022308,3 k €↓
- 2021Annual accounts 2021541,5 k €↑
- 2020Annual accounts 2020348,4 k €↑
- 2019Annual accounts 2019220,6 k €↓
- 2018Annual accounts 2018284,4 k €↑
- 2017Annual accounts 2017172,9 k €↑
- 2016Annual accounts 201611,7 k €↓
- 2015Annual accounts 2015641 k €↑
- 2014Annual accounts 2014309,5 k €↑
- 2013Annual accounts 2013-7,5 k €↓
- 2012Annual accounts 201261,6 k €↑
- 2011Annual accounts 2011-41,6 k €↓
- 2010Annual accounts 201029,9 k €↓
- 2009Annual accounts 2009502,7 k €↑
- 2008Annual accounts 200816,7 k €↑
- 2007Annual accounts 2007-18,5 k €↓
- 2006Annual accounts 200631,3 k €
- 27/12/1984IncorporationPrivate limited company