Skip to content

IPL Plastics Lommel

Active Public limited companyfounded 1990active for 36 yearsGerard Mercatorstraat 15, 3920 LommelKBO/BCE: BE 0441.237.360 subsidiary of #5 employer in Lommel, Manufacturing sector

Lifetime

20 annual accounts with figures on one time axis, 35 filings since 1991
peak €44.8m (2019)
€36.1m▲ 2.6%
lowest -€3.9m (2023)
€4.0m▲ €4.3m
peak €9.5m (2019)
€5.0m▲ 404%
€32.0m▲ 2.1%
peak 127.8 FTE (2024)
125 FTE▼ 2.2%
Board16 names since 2016all names
2 directors and 1 other
Owners2 names in the annual accounts
99.93% and 1 other
Documentsfilings and deeds
25-08-202625 days late
2025financial year
Back to profit: €4.0mReappointment: (director) 10-09Equity from €997,379 to €5.0mCash from €2.3m to €3.3m

Key points

from the 2025 annual accounts

Equity

€5.0m ▲ 404%
€997,0002024€5m2025

Equity rose in 2025 from €997,379 to €5.0m.

Debts

€32.0m 86% of the balance sheet
Financial debts 50%Suppliers 24%Taxes and wages 6%Other 20%

€194,515 of the debts are secured on the company's own assets. In 2019 that was €17.6m.

Staff

127 employees on 31-12-2025
2812202119232022201920236153202441452025

In 2025, 41 people joined and 45 left. On top of that, 10.6 agency workers worked there on average.

Payment terms

125 days to suppliers
Suppliers
115 to 125
Customers
34 to 62

IPL Plastics Lommel pays its suppliers 10 days later than in 2024. Customers pay 28 days later.

Liquidity

1.68 was 0.62 in 2024

Short-term debts fell from €31.1m to €14.1m.

Position in the sector

13.5%

Lower solvency than 87% of companies in rubber and plastics. Sector median 47.4% · 159 companies.

2025 accounts filed 25 days after the deadline

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 377 companies had the same profile as IPL Plastics Lommel has now. Each dot is one company, two years later.

97.3%
were still trading
2.4%
stopped another way
0.3%
went bankrupt
  • Medium-sized
  • 20 years or older
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 377 companies, not a prediction for IPL Plastics Lommel. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Chair
Daily manager
Director
Auditor,
  • 99.93%score equity €3.1m (2025) · annual accounts 2025
  • 0.07%annual accounts 2025

Shares in 1 company,

Board & ownership

Recent changes

Reappointment: (statutory auditor) General meeting of 20-08-2026 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0441237360
Reappointment: (director) General meeting of 11-08-2025 · Gazette deed
Appointment: (day-to-day manager) Board meeting of 06-02-2024 · Gazette deed
All 62 events

Comparable companies

same main activity, similar in size and age
Company
IPL Plastics Lommel Lommel €36.1m 10.8% 13.5% 125
Amcor Gent-Zeehaven Ghent €38.9m 5.5% 50.6% 122.6
DW Reusables Bilzen-Hoeselt €24.7m -19.5% 22.0% 100.4
DIDAK INJECTION Grobbendonk €43.5m 8.1% 57.0% 80.6
Amcor Wetteren Wetteren €27.1m 10.0% 46.5% 77.6
Cabka Ypres €69.5m 8.9% 80.3% 175.9
Faerch Belgium Oud-Turnhout €69.1m 4.0% 78.2% 220
-10%0%10%20%€2m€20m€200mIPL Plastics LommelEBIT margin

Grey: the largest companies of the sector (rubber and plastics (NACE 22)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as IPL Plastics Lommel: manufacture of rubber and plastic products (NACE 22220). They are comparable in size and age: total assets between €16m and €58m, founded between 1986 and 1992.

Official details

Source: KBO
Status
Active since 29-06-1990Normal situation
Activity
Manufacture of rubber and plastic productsNACE 22220
Joint committees
116Chemical industry
207White-collar workers in the chemical industry · annual accounts 2024
Establishment unit
2.050.284.1493920 Lommel, since 14-11-1990
Financial year end
31 December
Peppol
Reachable since 05-01-2026
Company details

Annual accounts 2025

€37.1m▲ 13.8%
Employeeson 31-12-2025
127▼ 3.1%
Filing
Filed on 25-08-2026
Financials

Companies linked to IPL Plastics Lommel

Parent and group

Insights on IPL Plastics Lommel

IPL Plastics Lommel has existed since 1990. Turnover grew from €24.5m in 2006 to €36.1m in 2025 and staff from 46.4 to 125 full-time equivalents.

Solvency rose in 2025 from 3.1% to 13.5% because of the retained profit.

holds all the shares.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about IPL Plastics Lommel

What is the company number of IPL Plastics Lommel?
The company number of IPL Plastics Lommel is 0441.237.360. The VAT number is the same number with BE in front: BE 0441.237.360.
Where is IPL Plastics Lommel based?
The registered office is at Gerard Mercatorstraat 15, 3920 Lommel.Company details
What does IPL Plastics Lommel do?
According to the KBO register, the main activity is manufacture of rubber and plastic products (NACE 22220).
What is the legal form of IPL Plastics Lommel?
IPL Plastics Lommel is a public limited company (NV).
When was IPL Plastics Lommel founded?
IPL Plastics Lommel was founded on 29-06-1990.
Is IPL Plastics Lommel still active?
Yes, IPL Plastics Lommel is an active enterprise in the KBO register.
How many employees does IPL Plastics Lommel have?
IPL Plastics Lommel had an average of 125 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does IPL Plastics Lommel fall under?
In its 2024 annual accounts, IPL Plastics Lommel states joint committees 116 (Chemical industry) and 207 (White-collar workers in the chemical industry).
What is the turnover of IPL Plastics Lommel?
The turnover of IPL Plastics Lommel was €36.1m in financial year 2025, according to the filed annual accounts.
Is IPL Plastics Lommel profitable?
In financial year 2025, IPL Plastics Lommel made a profit of €4.0m.
Where can I find the annual accounts of IPL Plastics Lommel?
IPL Plastics Lommel filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of IPL Plastics Lommel due?
IPL Plastics Lommel must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.