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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Tight liquidity NBB
Cash and receivables cover 48 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ALIPLAST from Lokeren, company number BE0426481086, closed financial year 2025 with a result of € 45.2 million after tax. For that financial year ALIPLAST recorded revenue of € 86 million and equity of € 323.2 million. Compared with financial year 2024, the result moved from € 34.4 million to € 45.2 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 7, 2026.
€ 323.2 million
▲ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 45.2 million
▲ 31% vs 2024
Profit after tax over the fiscal year.
€ 2.8 million
▼ 4% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 309.2 million.
People and assets in 2025
182.6
▼ 8.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 14.5 million
▲ 2% vs 2024
€ 79,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 661,480
▼ 6% vs 2024
Of which on lease € 4,188.
Debts at end 2025
€ 291.5 million
▲ 3% vs 2024
Loans from banks and other lenders, long and short.
€ 10.4 million
▲ 30% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 76 days on average.
€ 2.1 million
▼ 8% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 104,618,091 | € 93,373,557 | € 86,648,898 | € 85,994,129 | ▼ 1% |
| Profit after taxes | € 36,207,946 | € 54,029,485 | € 34,405,556 | € 45,185,322 | ▲ 31% |
| Equity | € 189,574,886 | € 243,604,372 | € 278,009,928 | € 323,195,250 | ▲ 16% |
| Total debts | € 336,440,278 | € 288,993,208 | € 295,268,979 | € 304,896,729 | ▲ 3% |
| Cash | € 2,746,294 | € 2,188,411 | € 2,913,733 | € 2,791,959 | ▼ 4% |
| Land & buildings | € 1,779,247 | € 1,836,686 | € 1,842,357 | € 2,252,371 | ▲ 22% |
| Retained profit | € 175,574,886 | € 229,604,372 | € 264,009,928 | € 309,195,250 | ▲ 17% |
| Bank debt | € 322,812,966 | € 276,916,590 | € 284,114,959 | € 291,521,362 | ▲ 3% |
| Balance sheet total | € 526,015,164 | € 532,597,580 | € 573,278,907 | € 628,091,979 | ▲ 10% |
| Employees (FTE) | 190.3 | 195.1 | 190.8 | 182.6 | ▼ 8.2 |
Key figures of ALIPLAST, 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 ALIPLAST?
What happened at ALIPLAST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- True Colours BV stepped down as director. NBB
- Xavier Van Sebroeck stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 45.2 million (▲ 31% vs 2024). Source: NBB ↗
- True Colours BV became a director. NBB
- Xavier Van Sebroeck became a director. NBB
- New establishment in Lokeren. KBO
- Start of the company according to the CBE. KBO
In short
From € 36.2 million profit in 2022 to € 45.2 million profit in 2025.
Paid € 18.1 million in corporate taxes since 2022.
Best year ever: 2023, with € 54 million profit.
Pays suppliers within 76 days on average.
Management
The shares are held by PLU Holding SAS (100%). It owns 100% of Gutmann Aluswiss AG, 100% of Centro Alum S.A., 100% of ATC Shanghai Co Ltd, 100% of Corialis German Bidco GmbH, 100% of Lingote Aluminios S.A. and 100% of Aliplast Sp.zoo itself.
Directors
According to the 2025 annual accounts
Director · represented by Hubert De Bock
Also active at: Aliplast Aluminium Extrusion, FORNUIS ALUMINIUM BELGIUM HOLDINGS
since 2025 · until 2031
since 2025 · until 2031
Shareholders
PLU Holding SAS
100%
Participations
Gutmann Aluswiss AG
100%
Centro Alum S.A.
100%
ATC Shanghai Co Ltd
100%
Corialis German Bidco GmbH
100%
Lingote Aluminios S.A.
100%
Aliplast Sp.zoo
100%
Fornuis UK LTD
65.6%
Establishments
Establishment units
Physical locations of this company
Waaslandlaan 15
9160 Lokeren
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0426.481.086
- VAT number
- BE 0426.481.086
- Registered office
- Waaslandlaan 15, 9160 Lokeren
- Names & denominations
- ALIPLAST
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 November 1984
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
Groothandel in overige bouwmaterialen
Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair
Vervaardiging van metalen constructiewerken en delen daarvan
Groothandel in bouwmaterialen, algemeen assortiment
Coating van metalen
Groothandel in metalen en metaalertsen
Vervaardiging van metalen deuren en vensters
Oppervlaktebehandeling van metalen