Financials
Financial year 2025
Plastipak Belgium from Brecht, company number BE0630942636, closed financial year 2025 with a result of € 990,295 after tax. For that financial year Plastipak Belgium recorded revenue of € 6.6 million and equity of € 4 million. Compared with financial year 2024, the result moved from € 196,913 to € 990,295. 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 May 19, 2026.
€ 4 million
▲ 32% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 990,295
▲ € 793,382 vs 2024
Profit after tax over the fiscal year.
€ 5,473
▼ 95% 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 € -2.8 million.
People and assets in 2025
42.3
▼ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 5.4 million
▲ 8% vs 2024
€ 128,500 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.
€ 79,511
▼ 24% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 10,684
▼ 98% vs 2024
Loans from banks and other lenders, long and short.
€ 707,790
▼ 58% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 33 days on average.
€ 1.5 million
▲ 10% vs 2024
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2021 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 31,118,836 | € 14,444,613 | € 7,456,974 | € 6,589,268 | ▼ 12% |
| Profit after taxes | € -5,114,170 | € -261,332 | € 196,913 | € 990,295 | ▲ € 793,382 |
| Equity | € 3,651,491 | € 2,860,474 | € 3,057,387 | € 4,047,682 | ▲ 32% |
| Total debts | € 18,494,419 | € 12,496,492 | € 3,814,127 | € 2,364,606 | ▼ 38% |
| Cash | € 221,109 | € 11,759 | € 99,626 | € 5,473 | ▼ 95% |
| Land & buildings | € 164,475 | € 1,392,756 | € 1,234,426 | € 1,083,500 | ▼ 12% |
| Retained profit | € -3,189,307 | € -3,980,324 | € -3,783,411 | € -2,793,115 | ▲ € 990,295 |
| Bank debt | € 8,132,210 | € 6,880,312 | € 480,312 | € 10,684 | ▼ 98% |
| Balance sheet total | € 26,481,028 | € 15,356,965 | € 6,871,514 | € 6,412,288 | ▼ 7% |
| Employees (FTE) | 91.9 | 40.3 | 42.5 | 42.3 | ▼ 0.2 |
Key figures of Plastipak Belgium, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 May 2027.
What happened to Plastipak Belgium?
What happened at Plastipak Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 990,295 (▲ € 793,382 vs 2024). Source: NBB ↗
- Edward V. Morgan became a director. NBB
- Pedro M. Rodrigues Martins became a director. NBB
- William C. Young stepped down as director. NBB
- Matthew Franz became a director. NBB
- New establishment in Brecht. KBO
- Start of the company according to the CBE. KBO
- Michael J. Plotzke became a director. NBB
In short
From € 5.1 million loss in 2021 to € 990,295 profit in 2025.
Best year ever: 2025, with € 990,295 profit.
Pays suppliers within 33 days on average.
A new publication or filing at Plastipak Belgium? We notify you, reason included.
Follow Plastipak BelgiumDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Plastipak Belgium are Edward V. Morgan, Michael J. Plotzke, Matthew Franz and Pedro M. Rodrigues Martins. The shares are held by Plastipak BAWT (99%) and Plastipak Luxembourg (1%).
Directors
According to the 2025 annual accounts
Edward V. Morgan
Director
since 2025
Michael J. Plotzke
Director
since 2015
Matthew Franz
Director
since 2020
Pedro M. Rodrigues Martins
Director
since 2025
William C. Young
Director
since 2015 · until 2025
Shareholders
Plastipak BAWT
99%
Plastipak Luxembourg
1%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Ringlaan 7
2960 Brecht
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0630.942.636
- VAT number
- BE 0630.942.636
- Registered office
- Ringlaan 7, 2960 Brecht
- Names & denominations
- Plastipak Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 May 2015
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
Vervaardiging van verpakkingsmateriaal van kunststof
Vervaardiging van platen, vellen, buizen en profielen van kunststof
Groothandel in andere intermediaire producten, neg
Groothandel in andere machines en werktuigen, neg
Vermogensbeheer
Groothandel in andere machines en werktuigen, n.e.g.
Groothandel in andere intermediaire producten, n.e.g.