INDUSTRIAL PACKAGING MATERIALS
ActiveINDUSTRIAL PACKAGING MATERIALS has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.01M and a net result of €124k. Equity is growing by ~27.2% per year across the filed fiscal years. Its solvency ranks better than 89% of 9017 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
93
/ 100
Excellent= vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability62▼-7
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €95k at 30 days acceptable
Liquidity ample (current ratio 10.62 against 7.54 in 2023), and 15.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
84.9%
Return on assets
10.5%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
35 d early
2022
35 d early
2021
27 d early
2020
30 d early
2019
32 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€1.01M▲ 8.5%
2023 · €926k
2018: €260k
2019: €354k
2020: €480k
2021: €686k
2022: €846k
2023: €926k
2018 → 2024
Total assets
€1.18M▼ 2.2%
2023 · €1.21M
2018: €821k
2019: €885k
2020: €894k
2021: €1.04M
2022: €1.19M
2023: €1.21M
2018 → 2024
Net result
€124k▼ 3.2%
2023 · €128k
2018: €58k
2019: €98k
2020: €129k
2021: €210k
2022: €214k
2023: €128k
2018 → 2024
Working capital
€1.06M▲ 3.0%
2023 · €1.03M
2018: €398k
2019: €644k
2020: €690k
2021: €841k
2022: €969k
2023: €1.03M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€480k-€686k▲ 43.0%€846k▲ 23.4%€926k▲ 9.5%€1.01M▲ 8.5%
Operating result€186k-€269k▲ 44.1%€283k▲ 5.2%€168k▼ 40.5%€163k▼ 3.1%
Net result€129k-€210k▲ 62.9%€214k▲ 2.1%€128k▼ 40.2%€124k▼ 3.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 3% below 2023 and is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.18M
Fixed assets
€15k▼ 40.7%
Current assets
€1.17M▼ 1.3%
Equity and liabilities €1.18M
Equity
€1.01M▲ 8.5%
Debt
€179k▼ 37.1%
The debt ratio falls from 23.5% to 15.1%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€173k▼
2023 · €194k
Cash flow
€135k▼
2023 · €154k
Solvency
84.9%▲
2023 · 76.5%
Current ratio
10.62▲
2023 · 7.54
Quick ratio
2.81▲
2023 · 1.35
Debt / equity
0.18▼
2023 · 0.31
ROE
12.3%▼
2023 · 13.8%
ROA
10.5%▼
2023 · 10.6%
Interest coverage
29.75▲
2023 · 17.38
Debt
€179k▼
2023 · €284k
Debt ≤ 1 year
€110k▼
2023 · €157k
Debt > 1 year
€69k▼
2023 · €127k
Income taxes
€45k▲
2023 · €43k
Staff costs
€125k▼
2023 · €192k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.21M€1.18M▼
Fixed assets21/28€26k€15k▼
Tangible fixed assets22/27€26k€15k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€23k€13k▼
Leasing and similar rights25€0€0=
Current assets29/58€1.18M€1.17M▼
Stocks and contracts in progress3€972k€859k▼
Stocks30/36€972k€859k▼
Amounts receivable within one year40/41€178k€152k▼
Trade receivables40€151k€147k▼
Other amounts receivable41€27k€5k▼
Cash at bank and in hand54/58€27k€134k▲
Deferred charges and accrued income490/1€8k€23k▲
Equity and liabilities
Total equity and liabilities10/49€1.21M€1.18M▼
Equity10/15€926k€1.01M▲
Contributions10/11€150k€150k=
Reserves13€776k€855k▲
Distributable reserves133€776k€855k▲
Profit (loss) carried forward14€5€9▲
Amounts payable17/49€284k€179k▼
Amounts payable after more than one year17€127k€69k▼
Financial debts170/4€127k€69k▼
Amounts payable within one year42/48€157k€110k▼
Current portion of amounts payable after more than one year42€32k€26k▼
Financial debts43€22k€9k▼
Credit institutions430/8€22k€9k▼
Trade debts44€55k€41k▼
Suppliers440/4€55k€41k▼
Taxes, remuneration and social security45€42k€9k▼
Taxes450/3€15k€4k▼
Remuneration and social security454/9€27k€5k▼
Other amounts payable47/48€7k€25k▲
Income statement
Code20232024
Remuneration, social security and pensions62€192k€125k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€10k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€17k€691▼
Other operating charges640/8€7k€7k▲
Gross operating margin9900€409k€306k▼
Operating profit (loss)9901€168k€163k▼
Financial income75/76B€14k€12k▼
Recurring financial income75€14k€12k▼
Financial charges65/66B€11k€6k▼
Recurring financial charges65€11k€6k▼
Profit (loss) for the period before taxes9903€171k€169k▼
Income taxes67/77€43k€45k▲
Profit (loss) for the period9904€128k€124k▼
Profit (loss) for the period to be appropriated9905€128k€124k▼
Appropriation of the result
Profit (loss) to be appropriated9906€128k€124k▼
Profit (loss) brought forward from the previous period14P€8€5▼
Transfer from equity791/2€42k€20k▼
Transfer to equity691/2€121k€99k▼
To other reserves6921€121k€99k▼
Profit to be distributed694/7€48k€45k▼
Return on contributions (dividend)694€42k€45k▲
Employees696€7k-
Social balance
Average headcount (FTE)90872.81.9▼
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €1MEq €1.01M ▲8.5%
7 profitable years in a row build equity to €1.01M.
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €214k ▲2.1%
Operating result €283k, net result €214k, both a record.
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €500kEq €686k ▲43%
4 profitable years in a row build equity to €686k.
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Liquidity doublescurrent ratio 4.78
Current ratio from 2.10 to 4.78; short-term debt falls from €361k to €170k.
08-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
27-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Rotselaar · 1 establishment unit since 2012
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Wingepark 593110 RotselaarGround area
1,011 m²
Building footprint
1,011 m²
Volume, LiDAR
7,741 m³
Parcel 24094C0749/00V004, Flanders · tallest building 8.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
I.P.M. bvba
since 20122.204.668.854
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24094C0749/00V004 | Flanders | 1,011 m² | 1 · 1,011 m² | 8.7 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 190 companies in sector 46493 we hold annual accounts for 83. 56 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-11-2011
Fiscal year end31-12
Abbreviation NL
I.P.M.
Activities, NACEBEL
46493Wholesale trade
46649Wholesale of other machinery and equipment
46900Non-specialised wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.i-p-m.be
E-mail:info@i-p-m.be