Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 5.8 to 4.
Financials
Financial year 2025
IPLAST HOLDING from Waregem, company number BE0442451246, closed financial year 2025 with a result of € 1.5 million after tax. For that financial year IPLAST HOLDING recorded revenue of € 2.6 million and equity of € 73.9 million. Compared with financial year 2024, the result moved from € 2.9 million to € 1.5 million. The company is profitable. 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 1, 2026.
€ 73.9 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.5 million
▼ 48% vs 2024
Profit after tax over the fiscal year.
€ 1.1 million
▲ 69% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 353,302 paid out
23 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
4
▼ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 449,041
▼ 19% vs 2024
€ 112,300 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.
€ 15,604
▼ 40% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 201,076
▼ 25% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 180 days on average.
€ 86,952
▼ 76% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 4,703,055 | € 2,914,199 | € 2,578,388 | € 2,602,094 | ▲ 1% |
| Profit after taxes | € 5,006,309 | € 7,199,884 | € 2,928,958 | € 1,528,254 | ▼ 48% |
| Equity | € 63,581,279 | € 70,781,163 | € 72,767,139 | € 73,942,090 | ▲ 2% |
| Total debts | € 1,373,365 | € 639,395 | € 718,046 | € 600,721 | ▼ 16% |
| Cash | € 2,256,405 | € 1,271,966 | € 633,099 | € 1,070,039 | ▲ 69% |
| Retained profit | € 61,088,919 | € 68,288,803 | € 70,274,779 | € 71,449,730 | ▲ 2% |
| Dividend | € 1,290,100 | € 0 | € 942,982 | € 353,302 | ▼ 63% |
| Balance sheet total | € 64,954,644 | € 71,420,558 | € 73,485,185 | € 74,542,811 | ▲ 1% |
| Employees (FTE) | 5.8 | 5.8 | 4.4 | 4 | ▼ 0.4 |
Key figures of IPLAST HOLDING, 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 IPLAST HOLDING?
What happened at IPLAST HOLDING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Erik Stofferis stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.5 million (▼ 48% vs 2024). Source: NBB ↗
- Erik Stofferis became a director. NBB
- New establishment in Waregem. KBO
- Start of the company according to the CBE. KBO
In short
From € 5 million profit in 2022 to € 1.5 million profit in 2025.
Paid € 2.2 million in corporate taxes since 2022.
Best year ever: 2023, with € 7.2 million profit.
Paid out € 2.6 million in dividends to the owners in total.
Management
Behind IPLAST HOLDING are TCS CONSULT BV and DASTO BV. It owns 100% of Icomco, 100% of Injextru Plastics, 100% of I.P.B., 100% of Imaco and 100% of Ipinco itself.
Establishments
Establishment units
Physical locations of this company
Franklin Rooseveltlaan 172-174
8790 Waregem
Franklin Rooseveltlaan 172-174 box A2.1
8790 Waregem
Active since 4 February 1991
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0442.451.246
- VAT number
- BE 0442.451.246
- Registered office
- Franklin Rooseveltlaan 172-174, 8790 Waregem
- Names & denominations
- IPLAST HOLDING
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 December 1990
- Peppol
- Active · Active since 30 Sept 2025
- Activities · NACE
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