Active · per the CBE, 17 September 2026

IPPAS INDUSTRIAL ACQUISITIONS

BE0426966779

Rechtspersoon Public limited company 1 establishment

IPPAS INDUSTRIAL ACQUISITIONS is a wholesaler in Lanaken. Public Limited, started on 1 March 1985, 1 establishment.

Montaigneweg 2, 3620 Lanaken

Behind the company: UTB INVESTMENTS NV.

Active for

41 year, 6 months

Financials

Financial year 2025

IPPAS INDUSTRIAL ACQUISITIONS from Lanaken, company number BE0426966779, closed financial year 2025 with a result of € 307,666 after tax. For that financial year IPPAS INDUSTRIAL ACQUISITIONS recorded revenue of € 1.8 million and equity of € 117.4 million. Compared with financial year 2023, the result moved from € -179.7 million to € 307,666. 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 April 30, 2026.

What it is worth Growing

€ 117.4 million

▲ 32% vs 2023

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 307,666

▲ still € 179.7 million loss in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 30,239

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € -228.6 million.

People and assets in 2025

Full-time equivalents

1.1

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 95,859

€ 87,100 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.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 753,790

▼ 8% vs 2023

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 138 days on average.

Wages and social charges

€ 7,098

▼ € 1.7 million vs 2023

Wages, holiday pay and social contributions still to pay. No outstanding taxes.

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Key figures per fiscal year Download key figures (CSV)
202220232025Change 2023 → 2025
Revenue € 333,896,272 € 167,711,552 € 1,800,272 ▼ 99%
Profit after taxes € -7,994,710 € -179,745,778 € 307,666 ▲ € 180.1 million
Equity € 268,686,866 € 88,941,089 € 117,417,670 ▲ 32%
Total debts € 102,517,897 € 2,647,966 € 5,340,442 ▲ 102%
Cash - - € 30,239
Land & buildings € 87,945 € 0 -
Retained profit € -77,367,772 € -257,113,550 € -228,636,968 ▲ € 28.5 million
Balance sheet total € 371,204,764 € 96,389,054 € 122,758,112 ▲ 27%
Employees (FTE) - - 1.1

Key figures of IPPAS INDUSTRIAL ACQUISITIONS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.

What happened to IPPAS INDUSTRIAL ACQUISITIONS?

What happened at IPPAS INDUSTRIAL ACQUISITIONS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: profit of € 307,666. Source: NBB ↗
  • UTB INVESTMENTS NV became a director. NBB
  • New establishment in Lanaken. KBO
  • Start of the company according to the CBE. KBO

In short

From € 8 million loss in 2022 to € 307,666 profit in 2025.

Best year ever: 2025, with € 307,666 profit.

Pays suppliers within 138 days on average.

Management

IPPAS INDUSTRIAL ACQUISITIONS

Behind IPPAS INDUSTRIAL ACQUISITIONS is UTB INVESTMENTS NV. The shares are held by IPPAS Invest (100%).

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Directors

According to the 2025 annual accounts

UTB INVESTMENTS NV

Director · represented by Dirk Uittenbogert

Also active at: IPPAS INVEST, ZOUTE INVESTERINGSMAATSCHAPPIJ

since 2024

Shareholders

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Montaigneweg 2

3620 Lanaken

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 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
0426.966.779
VAT number
BE 0426.966.779
Registered office
Montaigneweg 2, 3620 Lanaken
Names & denominations
IPPAS INDUSTRIAL ACQUISITIONS
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
1 March 1985
Peppol
Active · Active since 12 Nov 2025
Activities · NACE

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Vervaardiging van papier en karton

Vervaardiging van papier

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Frequently asked questions

What does IPPAS INDUSTRIAL ACQUISITIONS do?
IPPAS INDUSTRIAL ACQUISITIONS is a wholesaler in Lanaken. Public Limited, started on 1 March 1985, 1 establishment.
What is the address of IPPAS INDUSTRIAL ACQUISITIONS?
The registered office of IPPAS INDUSTRIAL ACQUISITIONS is located at Montaigneweg 2, 3620 Lanaken.
Is IPPAS INDUSTRIAL ACQUISITIONS still active?
Yes. According to the CBE (17 September 2026) IPPAS INDUSTRIAL ACQUISITIONS is active, legal situation “Normale toestand”, started on 1 March 1985.
Is IPPAS INDUSTRIAL ACQUISITIONS registered on Peppol?
Yes, IPPAS INDUSTRIAL ACQUISITIONS is registered on the Peppol network with ID 0208:0426966779.
What is the enterprise number of IPPAS INDUSTRIAL ACQUISITIONS?
The enterprise number of IPPAS INDUSTRIAL ACQUISITIONS is BE0426966779.
When was IPPAS INDUSTRIAL ACQUISITIONS founded?
IPPAS INDUSTRIAL ACQUISITIONS was founded on 1 March 1985.