IPL Plastics Lommel
ActiveSummary
IPL Plastics Lommel has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.03M and a net result of €4.03M. Equity is shrinking by ~22.9% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 12% of 186 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability63▲+16
Solvency39▲+11
Growth46▲+17
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €320k at 30 days acceptable
Liquidity ample (current ratio 1.68 against 0.62 in 2024; short-term debt: 37.9% and cash: 8.9% of total assets), but 86.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 22
Relative position
BE, all sectors
reference
Sector 22
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
13.5%
Return on assets
10.9%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 186 sector peers (2025).
NBB · sector comparisonPosition among 186 sector peers
Solvency
better than 12%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
18202122232425
2018 to 2025 · latest year €5.03M
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
25 d late
2024
13 d late
2023
1 d early
2022
4 d early
2021
13 d early
2020
18 d early
2019
2 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€36.10M▲ 2.6%
2024 · €35.18M
2018: €44.13M
2020: €38.31M
2021: €41.50M
2022: €44.52M
2023: €35.87M
2024: €35.18M
2018 → 2025
EBIT margin
10.8%▲ 4.4pp
2024 · 6.4%
2018: 9.7%
2020: -0.8%
2021: 1.4%
2022: -0.4%
2023: -8.6%
2024: 6.4%
2018 → 2025
Net result
€4.03M
2024 · €-258k
2018: €2.92M
2020: €-132k
2021: €-1.67M
2022: €-2.43M
2023: €-3.95M
2024: €-258k
2018 → 2025
Working capital
€9.59M
2024 · €-11.83M
2018: €-962k
2020: €4.58M
2021: €6.06M
2022: €6.56M
2023: €3.58M
2024: €-11.83M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€41.50M-€44.52M▲ 7.3%€35.87M▼ 19.4%€35.18M▼ 1.9%€36.10M▲ 2.6%
Equity€7.64M-€5.20M▼ 31.9%€1.26M▼ 75.9%€997k▼ 20.5%€5.03M▲ 404%
Operating result€586k-€-171k€-3.10M▼ 1,718%€2.26M€3.90M▲ 72.2%
Net result€-1.67M-€-2.43M▼ 45.8%€-3.95M▼ 62.3%€-258k▲ 93.5%€4.03M
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 72% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €37.13M
Fixed assets
€13.48M ▲ 0.5%
Current assets
€23.66M ▲ 23.0%
Equity and liabilities €37.13M
Equity
€5.03M ▲ 404%
Provisions
€153k ▼ 56.2%
Debt
€31.95M ▲ 2.1%
Debt's share of the balance-sheet total falls from 95.9% to 86.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€4.88M▲
2024 · €3.67M
Cash flow
€5.02M▲
2024 · €1.15M
Current ratio
1.68▲
2024 · 0.62
Quick ratio
1.43▲
2024 · 0.48
Debt to equity
6.35▼
2024 · 31.38
ROE
80.2%▲
2024 · -25.9%
ROA
10.9%▲
2024 · -0.8%
Interest coverage
2.93▲
2024 · 2.64
Debt ≤ 1 year
€14.06M▼
2024 · €31.06M
Debt > 1 year
€15.99M▲
2024 · €195k
Income taxes
€269k▲
2024 · €4k
Staff costs
€9.82M▲
2024 · €9.16M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 89 lines
Balance sheet
Code20242025
Assets
Total assets20/58€32.65M€37.13M▲
Fixed assets21/28€13.42M€13.48M▲
Tangible fixed assets22/27€3.82M€3.89M▲
Land and buildings22€2.30M€1.92M▼
Plant, machinery and equipment23€988k€1.18M▲
Furniture and vehicles24€2k€0▼
Leasing and similar rights25€0-
Assets under construction and advance payments27€538k€788k▲
Financial fixed assets28€9.59M€9.59M=
Affiliated companies280/1€9.59M€9.59M=
Participating interests280€9.59M€9.59M=
Current assets29/58€19.23M€23.66M▲
Amounts receivable after more than one year29€7.22M€7.02M▼
Trade receivables290€7.22M€7.02M▼
Stocks and contracts in progress3€4.37M€3.48M▼
Stocks30/36€4.37M€3.48M▼
Raw materials and consumables30/31€2.44M€2.12M▼
Work in progress32€0-
Goods purchased for resale34€1.93M€1.37M▼
Amounts receivable within one year40/41€5.10M€9.44M▲
Trade receivables40€3.26M€6.11M▲
Other amounts receivable41€1.84M€3.33M▲
Cash at bank and in hand54/58€2.32M€3.31M▲
Deferred charges and accrued income490/1€218k€407k▲
Equity and liabilities
Total equity and liabilities10/49€32.65M€37.13M▲
Equity10/15€997k€5.03M▲
Contributions10/11€290k€290k=
Capital10€290k€290k=
Issued capital100€290k€290k=
Outside capital11€238€238=
Share premium1100/10€238€238=
Reserves13€707k€4.74M▲
Non-distributable reserves130/1€29k€29k=
Legal reserve130€29k€29k=
Distributable reserves133€678k€4.71M▲
Provisions and deferred taxes16€350k€153k▼
Provisions for liabilities and charges160/5€350k€153k▼
Other liabilities and charges164/5€350k€153k▼
Amounts payable17/49€31.30M€31.95M▲
Amounts payable after more than one year17€195k€15.99M▲
Financial debts170/4€195k€15.99M▲
Leasing and similar obligations172€195k-
Other loans174-€15.99M
Amounts payable within one year42/48€31.06M€14.06M▼
Current portion of amounts payable after more than one year42€18.53M€195k▼
Trade debts44€7.19M€7.69M▲
Suppliers440/4€7.19M€7.69M▲
Taxes, remuneration and social security45€1.75M€1.82M▲
Taxes450/3€243k€332k▲
Remuneration and social security454/9€1.51M€1.49M▼
Other amounts payable47/48€3.58M€4.35M▲
Accrued charges and deferred income492/3€48k€1.90M▲
Income statement
Code20242025
Operating income70/76A€35.85M€37.00M▲
Turnover70€35.18M€36.10M▲
Change in stocks of work in progress, finished goods and contracts in progress71€-206k€0▲
Other operating income74€721k€855k▲
Non-recurring operating income76A€157k€53k▼
Operating charges60/66A€33.59M€33.10M▼
Goods for resale, raw materials and consumables60€12.69M€15.16M▲
Purchases600/8€13.60M€14.31M▲
Change in stocks: decrease (increase)609€-913k€851k▲
Services and other goods61€10.19M€7.29M▼
Remuneration, social security and pensions62€9.16M€9.82M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.41M€982k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-66k€-286k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€21k€-197k▼
Other operating charges640/8€180k€340k▲
Non-recurring operating charges66A€4k€0▼
Operating profit (loss)9901€2.26M€3.90M▲
Financial income75/76B€656k€2.35M▲
Recurring financial income75€656k€2.35M▲
Income from current assets751€169k€164k▼
Other financial income752/9€487k€2.18M▲
Financial charges65/66B€3.17M€1.94M▼
Recurring financial charges65€3.17M€1.94M▼
Debt charges650€1.39M€1.66M▲
Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651€0-
Other financial charges652/9€1.78M€280k▼
Profit (loss) for the period before taxes9903€-254k€4.30M▲
Income taxes67/77€4k€269k▲
Taxes670/3€4k€269k▲
Profit (loss) for the period9904€-258k€4.03M▲
Profit (loss) for the period to be appropriated9905€-258k€4.03M▲
Appropriation of the result
Profit (loss) to be appropriated9906€-258k€4.03M▲
Transfer from equity791/2€258k-
From reserves792€258k-
Transfer to equity691/2-€4.03M
To other reserves6921-€4.03M
Social balance
Average headcount (FTE)9087127.8125.0▼
The notes to these accounts (73 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
22-09
State Gazette act
Reappointment: EY Bedrijfsrevisoren BV (statutory auditor)2 facts ▸
State Gazette act
Reappointment: EY Bedrijfsrevisoren BV (statutory auditor)
2 facts ▸
- General meeting, 20-08-2026
- Auditor reappointment, EY Bedrijfsrevisoren BV (statutory auditor)
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 25 days late
2025
31-12
Financial
Back to profitnet €4.03M
Net result €4.03M after 5 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 1.68
Current ratio from 0.62 to 1.68; short-term debt falls from €31.06M to €14.06M.
31-12
Financial
Equity above €5MEq €5.03M ▲404%
Equity rises from €997k to €5.03M.
13-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 13 days late
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet €-3.95M
Net result drops to €-3.95M, the lowest in the series; recovery starts the following year.
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
18-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
13-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
Show earlier events
2019
11-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 42 days late
2018
01-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 1 day late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 28 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Lommel · 1 establishment unit since 1990
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Gerard Mercatorstraat 153920 LommelGround area
2.8 ha
Building footprint
1.1 ha
Volume, LiDAR
86,186 m³
Parcel 72020C1408/00G021, Flanders · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
IPL Plastics Lommel
since 19902.050.284.149
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72020C1408/00G021 | Flanders | 2.8 ha | 1 · 1.1 ha | 10.3 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Statutory auditor
1 auditor| Ernst et Young Reviseurs d'EntreprisesCurrent Statutory auditor · represented by Christophe Beckers | 22-09-2026 → present |
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 33,071 EUR awarded · 33,071 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 5,014 EUR | 5,014 EUR |
| 2024 | 1 | 3,953 EUR | 3,953 EUR |
| 2023 | 1 | 3,519 EUR | 3,519 EUR |
| 2022 | 2 | 20,585 EUR | 20,585 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Vlaams opleidingsverlof (VOV)
Recognitions · licences · registrations
Food safety, FASFC
1 siteLommel2.050.284.149
Dual-learning approval
3 live approvalsLogistiek duaal (so)
Magazijnmedewerker (vwo)
Magazijnmedewerker duaal (so)
Legal Entity Identifier
6994004ZNGIM7JVSB303
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Of 779 companies in sector 22220 we hold annual accounts for 598. 245 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded29-06-1990
Fiscal year end31-12
Activities, NACEBEL 2025
22220Manufacture of rubber and plastic products
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.