Equity
€657,242 ▲ 11.1%
IPP Packaging Materials has made a profit in every financial year since 2007.
IPP Packaging Materials
Lifetime
19 annual accounts with figures on one time axis, 47 filings since 1978peak €628,511 (2007)
€486,978▲ 15.8%
peak €305,051 (2007)
€65,775▲ 23.7%
peak €865,509 (2009)
€657,242▲ 11.1%
€156,692▲ 26.7%
peak 4.2 FTE (2007)
3.5 FTE▼ 12.5%
Board6 names since 2019
2 directors and 1 other
Owners
Documentsfilings and deeds
30-06-202631 days before the deadline
2025abbreviated format
Gross margin from €420,580 to €486,978Staff from 4 FTE to 3.5 FTEDebts from €123,674 to €156,692Cash from €353,325 to €465,707
Key points
from the 2025 annual accountsTurnover
≈ €2.5m estimated
The abbreviated format states no turnover.
Staff
4 employees on 31-12-2025
In 2025, 2 people joined and 2 left.
Liquidity
8.72 was 5.71 in 2024
Short-term debts fell from €123,674 to €92,386.
Filings
47 annual accounts since 1978
The last five annual accounts were filed 2 to 31 days before the end of the period.
Position in the sector
80.7%
Higher solvency than 85% of companies in wholesale trade. Sector median 44.1% · 10,745 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 31,386 companies had the same profile as IPP Packaging Materials has now. Each dot stands for 79 companies, two years later.
93.4%
were still trading
6.0%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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.
| 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 31,386 companies, not a prediction for IPP Packaging Materials. 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
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Signals
Recent changes
Reappointments: (director) and (director)
General meeting of 26-06-2026 · Gazette deed
Company renamed from & C° to IPP Packaging Materials
Gazette deed
Registered office moved from Overijse to Antwerp
New registered office: Posthofbrug 6-8 bus 5/158, 2600 Antwerpen (Berchem) · Previous registered office: Meerlaan 219, 3090 Overijse · Resignation: (director) · General meeting of 23-09-2021 · Gazette deed
Purpose change · Amendment of the articles
“A) van papier, industriepapier en karton, papier en karton dienstig voor verpakking, plastiek, non-woven…” (deed in Dutch) · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| IPP Packaging Materials Antwerp | €0.8m | €486,978 | 80.7% | 3.5 |
| R.V.B. TEXTILES Grimbergen | €0.9m | €331,320 | 84.9% | 3 |
| BRUMATEX Kapellen | €1.0m | €995,892 | 22.1% | 5 |
| GRETSCH - UNITAS BELGIUM Brasschaat | €1.2m | €883,511 | 92.8% | 5.8 |
| ESKENS BENELUX Mechelen | €0.4m | €276,312 | 26.4% | 2.6 |
| AGERTI Laarne | €1.4m | €643,935 | 56.5% | 4.2 |
| Cartiere del Garda Benelux Etterbeek | €0.8m | €842,431 | 90.0% | 2 |
These companies have the same main activity as IPP Packaging Materials: agents specialised in the wholesale of other particular products (NACE 46180). They are comparable in size and age: total assets between €450,000 and €1.4m, founded between 1968 and 1990.
Official details
Source: KBO- Status
- Active since 24-03-1978Normal situation
- Registered office
- 87 active companies are registered at this address12 started in the 12 months before. Source: KBO register, as of 13 November 2026.
- Activity
- Agents specialised in the wholesale of other particular productsNACE 46180
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.014.674.1622600 Antwerp, since 01-04-1978
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- €813,934▲ 13.8%
- Employeeson 31-12-2025
- 4=
- Filing
- Filed on 30-06-2026, 31 days before the end of the filing period
Insights on IPP Packaging Materials
IPP Packaging Materials files the abbreviated format. That format states no turnover. The gross margin fell from €628,511 in 2007 to €486,978 in 2025.
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 IPP Packaging Materials
- What is the company number of IPP Packaging Materials?
- The company number of IPP Packaging Materials is 0418.134.534. The VAT number is the same number with BE in front: BE 0418.134.534.
- Where is IPP Packaging Materials based?
- The registered office is at Posthofbrug 6-8, 2600 Antwerp.Company details
- What does IPP Packaging Materials do?
- According to the KBO register, the main activity is agents specialised in the wholesale of other particular products (NACE 46180).
- What is the legal form of IPP Packaging Materials?
- IPP Packaging Materials is a public limited company (NV).
- When was IPP Packaging Materials founded?
- IPP Packaging Materials was founded on 24-03-1978.
- Is IPP Packaging Materials still active?
- Yes, IPP Packaging Materials is an active enterprise in the KBO register.
- How many employees does IPP Packaging Materials have?
- IPP Packaging Materials had an average of 3.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does IPP Packaging Materials fall under?
- In its 2025 annual accounts, IPP Packaging Materials states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of IPP Packaging Materials?
- The turnover in financial year 2025 is ≈ €2.5m. This figure is estimated from the gross margin of €486,978 and 139 comparable companies (NACE 46). It probably lies between €1.6m and €4.2m.
- Is IPP Packaging Materials profitable?
- In financial year 2025, IPP Packaging Materials made a profit of €65,775.
- Where can I find the annual accounts of IPP Packaging Materials?
- IPP Packaging Materials filed 47 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of IPP Packaging Materials due?
- IPP Packaging Materials must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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