Equity
-€21,371
Debts exceed assets in financial year 2025.
AXIPACK
Lifetime
19 annual accounts with figures on one time axis, 32 filings since 1994peak €59,622 (2011)
€3,341▼ 89.9%
lowest -€27,668 (2016)
€872▼ 96.9%
peak €272 (2012)
-€21,371▲ €872
€31,380▼ 8.0%
Board3 names since 2015
1 director
Documentsfilings and deeds
22-09-202653 days late
2025micro format
Gross margin from €33,046 to €3,341Result from €28,153 to €872Cash from €531 to €329
Key points
from the 2025 annual accountsDebts
€31,380 314% of the balance sheet
Financial debts 0%Suppliers 1%Taxes and wages 10%Other 89%
Position in the sector
-213.5%
Lower solvency than 90% of companies in paper. Sector median 48.1% · 56 companies.
2025 accounts filed 53 days after the deadline
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 3,795 companies had the same profile as AXIPACK has now. Each dot stands for 10 companies, two years later.
91.4%
were still trading
5.4%
stopped another way
2.7%
went bankrupt
Another 0.6% 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 3,795 companies, not a prediction for AXIPACK. 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
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0451325558
Registered office moved from De Pinte to Zwijnaarde
New registered office: Joachim Schayckstraat 4, 9052 Zwijnaarde · Previous registered office: Moerkensheide 8, 9840 De Pinte, België · General meeting of 23-10-2015 · Gazette deed
Registered office moved from Aarschot to De Pinte
New registered office: Moerkensheide 8, 9840 De Pinte, België · Previous registered office: Tiensestraat 79, 3200 Aarschot · Resignation: (manager) · General meeting of 23-04-2015 · Gazette deed
First establishment
Joachim Schayckstraat 4, Ghent
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| AXIPACK Ghent | €10,009 | €3,341 | -213.5% | - |
| FABRISAC Ixelles | €5,647 | €203 | -1072.1% | - |
| SAVOPAC Orp-Jauche | €34,899 | -€4,100 | -1103.3% | - |
| BOX-ID Beerse | €53,142 | €1,806 | 74.2% | - |
| AGRI PACKAGING Zottegem | €81,036 | €20,019 | 34.0% | 1 |
| GST TRADING COMPANY Tenneville | €38,206 | -€1,462 | 75.8% | - |
| FinUp Zwalm | €64,336 | €50,082 | -105.5% | - |
These companies have the same main activity as AXIPACK: manufacture of paper and paper products (NACE 17210). They are comparable in size and age: total assets between €5,650 and €81,000, founded between 1987 and 2011.
Official details
Source: KBO- Status
- Active since 09-11-1993Normal situation
- Activity
- Manufacture of paper and paper productsNACE 17210and 1 other
- Establishment unit
- 2.064.952.4309052 Ghent, since 03-01-1994
- Financial year end
- 31 December
- Peppol
- Reachable since 07-04-2025
Insights on AXIPACK
AXIPACK files the micro format. That format states no turnover. The gross margin rose from -€8,080 in 2007 to €3,341 in 2025.
The balance sheet grew most from 2013 to 2015 through fixed assets.
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 AXIPACK
- What is the company number of AXIPACK?
- The company number of AXIPACK is 0451.325.558. The VAT number is the same number with BE in front: BE 0451.325.558.
- Where is AXIPACK based?
- The registered office is at Joachim Schayckstraat 4, 9052 Ghent.Company details
- What does AXIPACK do?
- According to the KBO register, the main activity is manufacture of paper and paper products (NACE 17210).
- What is the legal form of AXIPACK?
- AXIPACK is a private limited company (pre-2019) (BVBA).
- When was AXIPACK founded?
- AXIPACK was founded on 09-11-1993.
- Is AXIPACK still active?
- Yes, AXIPACK is an active enterprise in the KBO register.
- What is the turnover of AXIPACK?
- The turnover in financial year 2025 is ≈ €25,000. This figure is estimated from the gross margin of €3,341 and 6,298 comparable companies of the same size. It probably lies between €12,000 and €61,000. It is a rough estimate.Financials
- Is AXIPACK profitable?
- In financial year 2025, AXIPACK made a profit of €872.
- Where can I find the annual accounts of AXIPACK?
- AXIPACK filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of AXIPACK due?
- AXIPACK must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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