ACTIVE

Plastipak Belgium

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Financial year 2025 · Closed on 31/10/2025

Net result990,3 k €+402,9 %over 1 year
Revenue6,6 M €-11,6 %over 1 year
Equity4 M €+32,4 %over 1 year
Workforce42,3 ETP-0,5 %over 1 year

Identity

Source · BCE/KBO

Plastipak Belgium is a Private limited company incorporated in 2015. Its main activity is: Manufacture of plastic plates, sheets, tubes and profiles. Its registered office is in Brecht. It employs on average 42,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0630.942.636
Incorporation
29/05/2015
Legal form
Private limited company
Registered office
Ringlaan 7
2960 Brecht · FlandreSee on map
Contributed capital
6 840 797,50 €
Latest accounts
31/10/2025
Average workforce
42,3 ETP
Joint committees (2)
  • 116
  • 207
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 10 filings

Trend over 7 financial years

20252024202320212020
Income statement
Revenue6,6 M €7,5 M €14,4 M €31,1 M €31,5 M €
EBITDA2 M €1,9 M €1,5 M €1,8 M €3,3 M €
Operating result1 M €528,1 k €240,8 k €-4,7 M €208,6 k €
Net result990,3 k €196,9 k €-261,3 k €-5,1 M €-205,8 k €
Balance sheet
Equity4 M €3,1 M €2,9 M €3,7 M €8,8 M €
Total assets6,4 M €6,9 M €15,4 M €26,5 M €27,7 M €
Cash5,5 k €99,6 k €11,8 k €221,1 k €285,2 k €
Debts2,4 M €3,8 M €12,5 M €18,5 M €18,8 M €
Other
Workforce42,3 ETP42,5 ETP40,3 ETP91,9 ETP113,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/10/2025

5 active · 5 ended

Active mandates

Edward V. Morgan

Director · since 23 septembre 2025

Active
Pedro M. Rodrigues Martins

Director · since 23 septembre 2025

Active
Matthew Franz

Director · since 21 septembre 2020

Active
Michael J. Plotzke

Director · since 22 mai 2015

Active
William C. Young

Director · since 22 mai 2015 · until 23 septembre 2025

Active

Ended mandates

Francis D. Pollock

Director · since 22 mai 2015 · until 21 septembre 2020

Ended
Francis D. Pollock

Manager · since 22 mai 2015

Ended
Michael J. Plotzke

Manager · since 22 mai 2015

Ended
William C. Young

Director · since 22 mai 2015

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/11/202401/11/202301/11/202201/11/202101/11/202001/11/2019
Closing of the financial year31/10/202531/10/202431/10/202331/10/202231/10/202131/10/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date19/05/202611/08/202531/07/202413/10/202330/09/202204/08/2021
General meeting30/04/202618/07/202526/07/202429/09/202327/09/202224/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 10 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/10/202530/04/202619/05/2026DutchPDF
Full model31/10/202418/07/202511/08/2025DutchPDF
Full model31/10/202326/07/202431/07/2024DutchPDF
Full model31/10/202229/09/202313/10/2023DutchPDF
Full model31/10/202127/09/202230/09/2022DutchPDF
Full model31/10/202024/06/202104/08/2021DutchPDF
Full model31/10/201914/04/202030/04/2020DutchPDF
Full model31/10/201809/04/201925/04/2019DutchPDF
Full model31/10/201710/04/201825/04/2018DutchPDF
Full model31/10/201614/03/201705/04/2017DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/10/2025

5 active · 5 ended

Active mandates

Edward V. Morgan

Director · since 23 septembre 2025

Active
Pedro M. Rodrigues Martins

Director · since 23 septembre 2025

Active
Matthew Franz

Director · since 21 septembre 2020

Active
Michael J. Plotzke

Director · since 22 mai 2015

Active
William C. Young

Director · since 22 mai 2015 · until 23 septembre 2025

Active

Ended mandates

Francis D. Pollock

Director · since 22 mai 2015 · until 21 septembre 2020

Ended
Francis D. Pollock

Manager · since 22 mai 2015

Ended
Michael J. Plotzke

Manager · since 22 mai 2015

Ended
William C. Young

Director · since 22 mai 2015

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates14/11/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other17/11/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Mandates03/11/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other21/03/2018
    ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Capital / shares01/12/2016
    KAPITAAL - AANDELEN
    PDF
  • Capital / shares24/11/2015
    KAPITAAL - AANDELEN
    PDF
  • Other09/06/2015
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025990,3 k €↑
  2. 2024
    Annual accounts 2024196,9 k €↑
  3. 2023
    Annual accounts 2023-261,3 k €↑
  4. 2021
    Annual accounts 2021-5,1 M €↓
  5. 2020
    Annual accounts 2020-205,8 k €↓
  6. 2019
    Annual accounts 20191,2 M €↑
  7. 2018
    Annual accounts 2018980,5 k €
  8. 29/05/2015
    IncorporationPrivate limited company