ACTIVE

PLASMAN PLASTICS

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Financial year 2023 · closed on 31/12/2023

Net result

6 M €

+1407.7% YoY

Revenue

61,9 M €

+30.9% YoY

Equity

29,3 M €

+25.3% YoY

Workforce

332,5 ETP

+16.3% YoY

What does PLASMAN PLASTICS do?

PLASMAN PLASTICS is a Public limited company incorporated in 1987. Its main activity is: Manufacture of other parts and accessories for motor vehicles. Its registered office is in Gent. It employs on average 332,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0430.951.303

Incorporation

07/04/1987

Legal form

Public limited company

Registered office

Skaldenstraat 72
9042 Gent · FlandreSee on map

Contributed capital

9 842 051,00 €

Latest accounts

31/12/2023

Average workforce

332,5 ETP

Activities (NACE)

29320Manufacture of other parts and accessories for motor vehicles· main 29320Manufacture of other parts and accessories for motor vehicles 34300Fabrication de parties et accessoires pour les véhicules à moteur et pour leurs moteurs

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Revenue	61,9 M €	+30.9%	47,3 M €	+16.5%	40,5 M €	+0.3%	40,4 M €	-21.4%	51,4 M €	-20.8%	65 M €	-32.7%	96,4 M €	-5.5%	102 M €	-5.0%	107,4 M €	-6.7%	115,1 M €	+9.5%	105,2 M €	+31.7%	79,9 M €	+3.6%	77 M €	+23.4%	62,4 M €	+16.7%	53,5 M €	+2.6%	52,1 M €
EBITDA	12,3 M €	+158%	4,8 M €	+11.3%	4,3 M €	-9.4%	4,7 M €	-7.6%	5,1 M €	+10.2%	4,6 M €	-5.0%	4,9 M €	-36.9%	7,8 M €	-3.9%	8,1 M €	+66.8%	4,8 M €	+25.9%	3,8 M €	-17.5%	4,7 M €	-54.4%	10,2 M €	+5.2%	9,7 M €	+85.7%	5,2 M €	+17.8%	4,4 M €
Operating result	8 M €	+894%	801,3 k €	-25.7%	1,1 M €	-22.4%	1,4 M €	-26.6%	1,9 M €	+45.4%	1,3 M €	-33.0%	1,9 M €	-61.7%	5,1 M €	-4.8%	5,3 M €	+147%	2,2 M €	+29.0%	1,7 M €	-30.4%	2,4 M €	-68.8%	7,7 M €	-2.7%	7,9 M €	+242%	2,3 M €	+35.7%	1,7 M €
Net result	6 M €	+1408%	395,3 k €	-57.1%	920,4 k €	+17.2%	785,1 k €	-32.5%	1,2 M €	+78.5%	651,8 k €	-34.0%	987,5 k €	-69.6%	3,3 M €	-8.6%	3,6 M €	+218%	1,1 M €	+57.8%	709,7 k €	-42.9%	1,2 M €	-83.1%	7,4 M €	-5.5%	7,8 M €	+2285%	-357,1 k €	+97.0%	-11,8 M €
Balance sheet
Equity	29,3 M €	+25.3%	23,4 M €	+1.7%	23 M €	+4.1%	22,1 M €	+3.9%	21,3 M €	+5.7%	20,1 M €	+3.3%	19,5 M €	-3.3%	20,1 M €	+19.2%	16,9 M €	+26.6%	13,3 M €	+9.1%	12,2 M €	+6.1%	11,5 M €	+11.1%	10,4 M €	-62.6%	27,7 M €	+121%	12,5 M €	-2.9%	12,9 M €
Total assets	60,3 M €	+40.0%	43,1 M €	-5.8%	45,7 M €	+22.7%	37,2 M €	+17.5%	31,7 M €	-3.3%	32,8 M €	-26.7%	44,7 M €	+16.1%	38,5 M €	+9.7%	35,1 M €	+3.7%	33,8 M €	-11.5%	38,2 M €	-33.4%	57,4 M €	+21.5%	47,2 M €	+0.1%	47,2 M €	+4.0%	45,4 M €	+9.4%	41,5 M €
Cash	636,1 k €	-42.5%	1,1 M €	-74.2%	4,3 M €	+83.6%	2,3 M €	+16.0%	2 M €	+85.3%	1,1 M €	-36.2%	1,7 M €	-51.8%	3,5 M €	+11.1%	3,2 M €	+115%	1,5 M €	-46.3%	2,8 M €	-6.9%	3 M €	-59.5%	7,3 M €	-43.3%	12,9 M €	+89.7%	6,8 M €	+139%	2,8 M €
Debts	29,1 M €	+48.3%	19,6 M €	-12.6%	22,4 M €	+56.5%	14,3 M €	+38.6%	10,3 M €	-17.7%	12,6 M €	-50.0%	25,1 M €	+40.1%	17,9 M €	+2.8%	17,5 M €	-10.3%	19,5 M €	-21.0%	24,7 M €	-46.0%	45,7 M €	+25.4%	36,4 M €	+88.6%	19,3 M €	-40.9%	32,7 M €	+15.5%	28,3 M €
Other
Workforce	332,5 ETP	+16.3%	285,8 ETP	+1.3%	282,0 ETP	-1.1%	285,1 ETP	-2.3%	291,8 ETP	-8.5%	318,9 ETP	-2.5%	327,2 ETP	+1.1%	323,7 ETP	-1.9%	330,0 ETP	-1.2%	333,9 ETP	+15.0%	290,4 ETP	+22.5%	237,1 ETP	+8.0%	219,6 ETP	+9.7%	200,1 ETP	-1.6%	203,3 ETP	-8.8%	222,8 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2023 · 3 active · 20 ended

Active mandates

Michel Huyghe

Director · since 01 mars 2023 · until 12 janvier 2024

Active

Peter ANDERSSON

Director · since 30 novembre 2022 · until 15 mai 2024

Active

Anders Nicklas BERNTSSON

Director · since 20 novembre 2018 · until 04 juin 2024

Active

Ended mandates

Peter ANDERSSON

Director · since 30 novembre 2022

Ended

Roger VERHEYDEN

Director · since 16 janvier 2019 · until 04 juin 2024

Ended

Lars Mikael MARTENSSON

Director · since 31 août 2017 · until 06 juin 2023

Ended

EVA NILSAGARD

Director · since 03 novembre 2016 · until 31 août 2017

Ended

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	27/06/2025	30/09/2024	10/08/2023	25/08/2022	15/07/2021	13/07/2020
General meeting	24/06/2025	27/09/2024	06/06/2023	07/06/2022	01/06/2021	30/06/2020
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

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2024	24/06/2025	27/06/2025	Dutch	PDF
Full modelCorrection	31/12/2023	27/09/2024	30/09/2024	Dutch	PDF
Full model	31/12/2023	25/06/2024	12/07/2024	Dutch	PDF
Full model	31/12/2022	06/06/2023	10/08/2023	Dutch	PDF
Full model	31/12/2021	07/06/2022	25/08/2022	Dutch	PDF
Full model	31/12/2020	01/06/2021	15/07/2021	Dutch	PDF
Full model	31/12/2019	30/06/2020	13/07/2020	Dutch	PDF
Full model	31/12/2018	04/06/2019	15/07/2019	Dutch	PDF
Full model	31/12/2017	05/06/2018	22/08/2018	Dutch	PDF
Full model	31/12/2016	06/06/2017	02/08/2017	Dutch	PDF
Full model	31/12/2015	07/06/2016	14/07/2016	Dutch	PDF
Full model	31/12/2014	02/06/2015	16/06/2015	Dutch	PDF
Full model	31/12/2013	03/06/2014	20/06/2014	Dutch	PDF
Full modelCorrection	31/12/2012	04/06/2013	27/03/2014	Dutch	PDF
Full model	31/12/2012	04/06/2013	12/09/2013	Dutch	PDF
Full model	31/12/2011	27/04/2012	22/05/2012	Dutch	PDF
Full model	31/12/2010	07/06/2011	18/08/2011	Dutch	PDF
Full model	31/12/2009	28/05/2010	19/08/2010	Dutch	PDF
Full model	31/12/2008	23/06/2009	19/08/2009	Dutch	PDF
Full model	31/12/2007	03/06/2008	01/09/2008	Dutch	PDF
Full model	31/12/2006	05/06/2007	05/11/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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 31/12/2023 · 3 active · 20 ended

Active mandates

Michel Huyghe

Director · since 01 mars 2023 · until 12 janvier 2024

Active

Peter ANDERSSON

Director · since 30 novembre 2022 · until 15 mai 2024

Active

Anders Nicklas BERNTSSON

Director · since 20 novembre 2018 · until 04 juin 2024

Active

Ended mandates

Peter ANDERSSON

Director · since 30 novembre 2022

Ended

Roger VERHEYDEN

Director · since 16 janvier 2019 · until 04 juin 2024

Ended

Lars Mikael MARTENSSON

Director · since 31 août 2017 · until 06 juin 2023

Ended

EVA NILSAGARD

Director · since 03 novembre 2016 · until 31 août 2017

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates13/07/2026
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/11/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/09/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/09/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/09/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/06/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/05/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/01/2023
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

01/10/2025
nominationJurgen Vanhessche — bestuurder
01/10/2025
nominationStefan Jensen — bestuurder
25/04/2024
nominationJan Meuleman — bestuurder
2023
Annual accounts 20236 M €↑
20/11/2023
nominationBV Price Waterhouse Coopers Bedrijfsrevisoren — commissaris
20/11/2023
nominationWouter Coppens — vertegenwoordiger van de commissaris
07/04/2023
nominationEY Bedrijfsrevisoren BV — commissaris
01/03/2023
nominationMichel Huyghe — bestuurder
2022
Annual accounts 2022395,3 k €↓
30/11/2022
nominationPeter Andersson — bestuurder
2021
Annual accounts 2021920,4 k €↑
2020
Annual accounts 2020785,1 k €↓
2020
Name changePLASMAN PLASTICS
2019
Annual accounts 20191,2 M €↑
04/06/2019
nominationEY Bedrijfsrevisoren BV — commissaris
2018
Annual accounts 2018651,8 k €↓
2017
Annual accounts 2017987,5 k €↓
2016
Annual accounts 20163,3 M €↓
2015
Annual accounts 20153,6 M €↑
2014
Annual accounts 20141,1 M €↑
2013
Annual accounts 2013709,7 k €↓
2012
Annual accounts 20121,2 M €↓
2011
Annual accounts 20117,4 M €↓
2010
Annual accounts 20107,8 M €↑
2009
Annual accounts 2009-357,1 k €↑
2008
Annual accounts 2008-11,8 M €
2008
Name changePLASTAL
07/04/1987
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

PLASMAN PLASTICS

Overview

What does PLASMAN PLASTICS do?

Trend over 16 financial years

Indicative valuation

Board of directors

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