Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
IPL Plastics Lommel from Lommel, company number BE0441237360, closed financial year 2025 with a result of € 4 million after tax. For that financial year IPL Plastics Lommel recorded revenue of € 36.1 million and equity of € 5 million. Compared with financial year 2024, the result moved from € -257,842 to € 4 million. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 25, 2026.
€ 5 million
▲ € 4 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4 million
▲ still € 257,842 loss in 2024
Profit after tax over the fiscal year.
€ 3.3 million
▲ 43% 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 € 4.7 million.
People and assets in 2025
125
▼ 2.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 9.8 million
▲ 7% vs 2024
€ 78,500 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
€ 16.2 million
▼ 14% vs 2024
€ 194,515 is repaid this year. At this pace the long-term loan is gone in ≈ 83 years.
€ 7.7 million
▲ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 125 days on average.
€ 1.8 million
▲ 4% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 44,519,583 | € 35,871,763 | € 35,179,014 | € 36,095,174 | ▲ 3% |
| Profit after taxes | € -2,433,989 | € -3,949,420 | € -257,842 | € 4,033,350 | ▲ € 4.3 million |
| Equity | € 5,204,642 | € 1,255,222 | € 997,379 | € 5,030,730 | ▲ € 4 million |
| Total debts | € 30,995,514 | € 30,019,467 | € 31,298,023 | € 31,950,328 | ▲ 2% |
| Cash | € 3,136,110 | € 580,532 | € 2,318,658 | € 3,305,130 | ▲ 43% |
| Land & buildings | € 3,026,638 | € 2,635,393 | € 2,295,174 | € 1,918,722 | ▼ 16% |
| Retained profit | € 4,914,368 | € 964,948 | € 707,106 | € 4,740,456 | ▲ € 4 million |
| Bank debt | € 17,890,089 | € 16,982,593 | € 18,727,124 | € 16,180,607 | ▼ 14% |
| Balance sheet total | € 36,529,156 | € 31,603,384 | € 32,645,403 | € 37,134,249 | ▲ 14% |
| Employees (FTE) | 124.9 | 116.9 | 127.8 | 125 | ▼ 2.8 |
Key figures of IPL Plastics Lommel, 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 IPL Plastics Lommel?
What happened at IPL Plastics Lommel in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Alan Walsh stepped down as director. NBB
- Patrick James Browne stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 4 million. filed late Source: NBB ↗
- Alan Walsh became a director. NBB
- Bill Finn became a director. NBB
- Patrick James Browne became a director. NBB
- New establishment in Lommel. KBO
- Start of the company according to the CBE. KBO
In short
From € 2.4 million loss in 2022 to € 4 million profit in 2025.
Paid € 275,103 in corporate taxes since 2022.
Best year ever: 2025, with € 4 million profit.
Pays suppliers within 125 days on average.
Management
Behind IPL Plastics Lommel is Bill Finn. The shares are held by Loomans Group NV (99.9%) and IPL Plastics Europe Limited (0.1%). It owns 99.9% of IPL Tooling Lommel itself.
Directors
According to the 2025 annual accounts
Bill Finn
Persoon belast met dagelijks bestuur
Also active at: IPL Tooling Lommel, LOOMANS GROUP, JAMAN
since 2024
since 2022 · until 2028
since 2025 · until 2031
Shareholders
99.9%
IPL Plastics Europe Limited
0.1%
Participations
99.9%
Establishments
Establishment units
Physical locations of this company
Gerard Mercatorstraat 15
3920 Lommel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0441.237.360
- VAT number
- BE 0441.237.360
- Registered office
- Gerard Mercatorstraat 15, 3920 Lommel
- Names & denominations
- IPL Plastics Lommel
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 June 1990
- Peppol
- Active · Active since 5 Jan 2026
- Activities · NACE
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