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
IPINCO from Tielt, company number BE0464665632, closed financial year 2025 with a result of € 335,190 after tax. For that financial year IPINCO recorded a gross margin of € 1.6 million and equity of € 7.4 million. Compared with financial year 2024, the result moved from € 302,425 to € 335,190. 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 1, 2026.
€ 7.4 million
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 335,190
▲ 11% vs 2024
Profit after tax over the fiscal year.
€ 1.6 million
▲ 28% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 20,000 paid out
6 % of the profit went to the shareholders, mostly to IPLAST HOLDING (100 % of the shares). That is where the money ends up.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 22,251
▼ 77% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 115,000
▲ 7% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,517,214 | € 1,505,228 | € 1,620,729 | € 1,574,788 | ▼ 3% |
| Profit after taxes | € 372,134 | € 240,263 | € 302,425 | € 335,190 | ▲ 11% |
| Equity | € 6,613,485 | € 6,833,748 | € 7,116,173 | € 7,431,363 | ▲ 4% |
| Total debts | € 324,008 | € 120,085 | € 225,179 | € 162,195 | ▼ 28% |
| Cash | € 1,227,792 | € 1,244,615 | € 1,228,948 | € 1,577,761 | ▲ 28% |
| Land & buildings | € 3,109,443 | € 2,944,017 | € 2,779,003 | € 2,614,270 | ▼ 6% |
| Retained profit | € 2,613,485 | € 2,833,748 | € 3,116,173 | € 3,431,363 | ▲ 10% |
| Dividend | € 270,000 | € 20,000 | € 20,000 | € 20,000 | |
| Balance sheet total | € 6,946,020 | € 6,961,485 | € 7,348,129 | € 7,599,461 | ▲ 3% |
Key figures of IPINCO, 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 IPINCO?
What happened at IPINCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 335,190 (▲ 11% vs 2024). Source: NBB ↗
- Jenny Belaen stepped down as director. NBB
- Jenny Belaen became a director. NBB
- New establishment in Tielt. KBO
- Start of the company according to the CBE. KBO
In short
From € 372,134 profit in 2022 to € 335,190 profit in 2025.
Paid € 416,571 in corporate taxes since 2022.
Best year ever: 2022, with € 372,134 profit.
Paid out € 330,000 in dividends to the owners in total.
Management
The stake of IPLAST HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
IPINCOBehind IPINCO is IPLAST HOLDING NV. The shares are held by IPLAST HOLDING (100%).
Directors
According to the 2025 annual accounts
Managing director · represented by Frédéric Stofferis
Also active at: Injextru Plastics, INDUSTRIAL PLASTICS BELGIUM, IMACO, Icomco
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Szamotulystraat 15
8700 Tielt
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
- 0464.665.632
- VAT number
- BE 0464.665.632
- Registered office
- Szamotulystraat 15, 8700 Tielt
- Names & denominations
- IPINCO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 November 1998
- Peppol
- Active · Active since 8 Jul 2025
- Activities · NACE
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