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B-Packaging

Active
Private limited companyfounded 2022active for 4 yearsFlanders-Fieldweg 41, 8790 Waregem, BelgiumKBO/BCE: BE 0784.745.935
Summary

B-Packaging has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €260,494 and a net result of €54,467. Equity has been growing by about 14% per year since 2022. Its solvency ranks better than 33% of 358 sector peers (NACE 18, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Overview

Overview

Official details

Source: KBO
Status
Active since 12-04-2022 Normal situation
Activity
Other printing NACE 18120and 2 others
Establishment unit
2.330.070.058 8790 Waregem, since 12-04-2022
Financial year end
31 December
Peppol
Reachable since 26-09-2025

Board and ownership

Board
and 1 other
Shareholders
  • CARDINAL· score 922025 annual accounts of CARDINAL

Financial position

67 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.9%
Annual accounts 2025
Gross margin
€443,291
▲ 30.2%
Turnover
≈ €1.0m
estimated
Profit
€54,467
Equity
€260,494
▲ 26.4%
Total assets
€1.1m
▼ 7.1%
Employees on 31-12-2025
4
=
Score breakdownraises riskFounded in 2022Equity €260,494 (23.0% of total assets)lowers riskFigures for financial year 2025 (filed on 01-05-2026)Size: 4 FTE, total assets €1.1mShow the evidence

Checked score

Score 2025
67 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 46% of micro companies in printing (NACE 18)
Financial strength · tick: 2024
Average
Solvency 48+6
equity 23.0% of total assets
Liquidity 33-12
short-term debt 56.5% · cash 9.8%
Profitability 75+16
return on assets 4.8%
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (1,614 companies, NACE 18, micro)
Last 24 months 12-2024: 0.8% 01-2025: 0.7%▼ -0.1 percentage points vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025lowest value 04-2025: 0.8%▲ +0.1 percentage points vs 03-2025 05-2025: 0.8%● unchanged vs 04-2025 06-2025: 1.0%▲ +0.2 percentage points vs 05-2025 07-2025: 1.0%● unchanged vs 06-2025highest value 08-2025: 1.0%● unchanged vs 07-2025highest value 09-2025: 1.0%● unchanged vs 08-2025highest value 10-2025: 1.0%● unchanged vs 09-2025highest value 11-2025: 1.0%● unchanged vs 10-2025highest value 12-2025: 0.8%▼ -0.2 percentage points vs 11-2025 01-2026: 0.8%● unchanged vs 12-2025 02-2026: 0.8%● unchanged vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026 04-2026: 0.8%● unchanged vs 03-2026 05-2026: 0.9%▲ +0.1 percentage points vs 04-2026 06-2026: 0.8%▼ -0.1 percentage points vs 05-2026 07-2026: 0.8%● unchanged vs 06-2026 08-2026: 0.8%● unchanged vs 07-2026 09-2026: 0.9%▲ +0.1 percentage points vs 08-2026 10-2026: 0.9%● unchanged vs 09-2026 11-2026: 0.9%● unchanged vs 10-2026
Credit of up to €17,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.88 (0.85 in 2024), below 1. Short-term debt is 56.5% and cash 9.8% of total assets. 77% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 18, micro). It does better than 29% of them on solvency, 21% on liquidity, 55% on profitability and 79% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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

Five signals.
lowers riskraises riskneutral
raises risk · Founded in 2022
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Figures for financial year 2025 (filed on 01-05-2026)
NBB · annual accounts
lowers risk · Size: 4 FTE, total assets €1.1m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Equity €260,494 (23.0% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-04-2026, 94 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
94 days early
2024
70 days early
2023
57 days early
2022
80 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 75 days before the deadline. In the sector (NACE 18), the median for financial year 2024 was 5 days before the deadline, and 38% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 17 May (4 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2022.
KBO publications

Financials

Financials · financial year 2025, abbreviated format

Annual accounts 2025 filed on 28-04-2026 PDF all 4 filings

Turnover
≈ €1.0m
Estimated: probably between €630,000 and €1.8m
Total assets
€1.1m▼ 7.1%
2024 · €1.2m
Net result
€54,467
2024 · -€18,803
Working capital
-€74,907▲ 28.5%
2024 · -€104,831
Trend over the years

2022 to 2025, 4 financial years

The operating result for 2025 is a profit of €91,125, after a loss of €2,380 in 2024.

Operating result€0.09m 2025 Net result€0.05m 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Printing and reproduction of recorded media (NACE 18). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line2022202320242025
Operating result-€0.03m-€0.1m-€0.002m€0.09m
Net result-€0.04mbelow the sector's middle half-€0.06mwithin the sector's middle half-€0.02mbelow the sector's middle half€0.05mabove the sector's middle half
Equity€0.2mwithin the sector's middle half-€0.2mwithin the sector's middle half▲ 37.0%€0.2mwithin the sector's middle half▼ 8.4%€0.3mwithin the sector's middle half▲ 26.4%
Total assets€1.4mwithin the sector's middle half-€1.2mwithin the sector's middle half▼ 16.2%€1.2mwithin the sector's middle half▲ 5.0%€1.1mwithin the sector's middle half▼ 7.1%
Debt€1.2m-€0.9m▼ 23.4%€1.0m▲ 8.2%€0.9m▼ 13.9%
Working capital-€0.1mbelow the sector's middle half--€0.05mbelow the sector's middle half▲ 49.6%-€0.1mbelow the sector's middle half▼ 99.4%-€0.07mbelow the sector's middle half▲ 28.5%
Solvency11.9%below the sector's middle half-19.4%below the sector's middle half▲ 7.5pp16.9%below the sector's middle half▼ 2.5pp23.0%within the sector's middle half▲ 6.1pp
Current ratio0.86below the sector's middle half-0.90below the sector's middle half▲ 0.040.85below the sector's middle half▼ 0.060.88within the sector's middle half▲ 0.04
Return on assets (ROA)-2.6%below the sector's middle half-5.2%within the sector's middle half▲ 7.8pp-1.5%below the sector's middle half▼ 6.8pp4.8%within the sector's middle half▲ 6.4pp
Staff (FTE)2.3below the sector's middle half-4within the sector's middle half▲ 73.9%4within the sector's middle half=4within the sector's middle half=
above within below The sector band is the middle half of the companies in Printing and reproduction of recorded media (NACE 18). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.1m
Fixed assets €566,841 ▼ 11.4%
Current assets €563,631 ▼ 2.2%
Equity and liabilities €1.1m
Equity €260,494 ▲ 26.4%
Debt €869,978 ▼ 13.9%
Debt's share of the balance-sheet total falls from 83.1% to 77.0%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€185,337▲
2024 · €84,897
Cash flow
€148,679▲
2024 · €68,474
Quick ratio
0.84▲
2024 · 0.81
Debt to equity
3.34▼
2024 · 4.90
ROE
20.9%▲
2024 · -9.1%
Interest coverage
11.71▲
2024 · 5.02
Debt ≤ 1 year
€638,538▼
2024 · €681,327
Debt > 1 year
€231,440▼
2024 · €329,219
Income taxes
€22,287▲
2024 · €554
Staff costs
€254,168▲
2024 · €252,609
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Staff

social balance sheet
Item31-12-202231-12-202331-12-202431-12-2025
Employees at the balance-sheet date4444
full-time4444
part-time0000
in full-time equivalents4444
Average over the year, in full-time equivalents2.3444
On a permanent contract4444
Joined4---
Left0---

Source: social balance sheet in the 2022 to 2025 annual accounts

Securities and guarantees

on own assets and for others
Item2022202320242025
Pledge on the business€600,000€600,000€600,000€600,000

Source: notes to the 2022 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item2022202320242025
Tangible fixed assets€282,119€6,012€64,241€20,976
Intangible fixed assets€500,000---
Financial fixed assets€5,550--€0
Depreciation and write-downs of the year€47,926€82,643€87,277€94,212

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.2m€1.1m▼
Fixed assets21/28€0.6m€0.6m▼
Intangible fixed assets21€0.4m€0.3m▼
Tangible fixed assets22/27€0.3m€0.2m▼
Plant, machinery and equipment23€0.2m€0.2m▼
Furniture and vehicles24€0.02m€0.03m▲
Leasing and similar rights25€0.04m€0.04m▼
Financial fixed assets28€0.006m€0.006m=
Current assets29/58€0.6m€0.6m▼
Stocks and contracts in progress3€0.02m€0.03m▲
Stocks30/36€0.02m€0.03m▲
Amounts receivable within one year40/41€0.3m€0.4m▲
Trade receivables40€0.3m€0.4m▲
Other amounts receivable41€0.02m€0.02m▲
Cash at bank and in hand54/58€0.2m€0.1m▼
Deferred charges and accrued income490/1€0.001m€0▼
Equity and liabilities
Total equity and liabilities10/49€1.2m€1.1m▼
Equity10/15€0.2m€0.3m▲
Contributions10/11€0.2m€0.2m=
Profit (loss) carried forward14€0.006m€0.06m▲
Amounts payable17/49€1.0m€0.9m▼
Amounts payable after more than one year17€0.3m€0.2m▼
Financial debts170/4€0.3m€0.2m▼
Amounts payable within one year42/48€0.7m€0.6m▼
Current portion of amounts payable after more than one year42€0.1m€0.1m=
Financial debts43-€0.001m
Credit institutions430/8-€0.001m
Trade debts44€0.5m€0.5m▼
Suppliers440/4€0.5m€0.5m▼
Taxes, remuneration and social security45€0.07m€0.06m▼
Taxes450/3€0.05m€0.04m▼
Remuneration and social security454/9€0.02m€0.02m▲
Other amounts payable47/48€0.04m€0.03m▼
Income statement Code20242025
Remuneration, social security and pensions62€0.3m€0.3m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.09m€0.09m▲
Other operating charges640/8€0.003m€0.004m▲
Gross operating margin9900€0.3m€0.4m▲
Operating profit (loss)9901-€0.002m€0.09m▲
Financial income75/76B€0.001m€0.001m▲
Recurring financial income75€0.001m€0.001m▲
Financial charges65/66B€0.02m€0.02m▼
Recurring financial charges65€0.02m€0.02m▼
Profit (loss) for the period before taxes9903-€0.02m€0.08m▲
Income taxes67/77€0.001m€0.02m▲
Profit (loss) for the period9904-€0.02m€0.05m▲
Profit (loss) for the period to be appropriated9905-€0.02m€0.05m▲
Appropriation of the result
Profit (loss) to be appropriated9906€0.006m€0.06m▲
Profit (loss) brought forward from the previous period14P€0.02m€0.006m▼
Social balance sheet
Average headcount (FTE)90874.04.0=

The notes to these accounts have 22 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 28-04-2026.

Line2022202320242025Change
Remuneration, social security and pensions62€120,771€224,773€252,609€254,168▲ 0.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€47,926€82,643€87,277€94,212▲ 7.9%
Other operating charges640/8€2,926€2,641€3,007€3,785▲ 25.9%
Gross operating margin9900€145,334€406,247€340,512€443,291▲ 30.2%
Operating profit (loss)9901-€26,289€96,189-€2,380€91,125-
Financial income75/76B€230€334€1,045€1,455▲ 39.3%
Recurring financial income75€230€334€1,045€1,455▲ 39.3%
Financial charges65/66B€9,525€15,856€16,913€15,826▼ 6.4%
Recurring financial charges65€9,525€15,856€16,913€15,826▼ 6.4%
Profit (loss) for the period before taxes9903-€35,584€80,667-€18,249€76,754-
Income taxes67/77€307€19,946€554€22,287▲ 40×
Profit (loss) for the period9904-€35,891€60,721-€18,803€54,467-
Profit (loss) for the period to be appropriated9905-€35,891€60,721-€18,803€54,467-
Line2022202320242025Change
Assets
Total assets20/58€1.4m€1.2m€1.2m€1.1m▼ 7.1%
Fixed assets21/28€0.7m€0.7m€0.6m€0.6m▼ 11.4%
Intangible fixed assets21€0.5m€0.4m€0.4m€0.3m▼ 13.5%
Tangible fixed assets22/27€0.3m€0.2m€0.3m€0.2m▼ 8.8%
Plant, machinery and equipment23€0.2m€0.2m€0.2m€0.2m▼ 13.2%
Furniture and vehicles24€0.03m€0.03m€0.02m€0.03m▲ 31.3%
Leasing and similar rights25--€0.04m€0.04m▼ 10.4%
Financial fixed assets28€0.006m€0.006m€0.006m€0.006m=
Current assets29/58€0.6m€0.5m€0.6m€0.6m▼ 2.2%
Stocks and contracts in progress3€0.03m€0.03m€0.02m€0.03m▲ 20.2%
Stocks30/36€0.03m€0.03m€0.02m€0.03m▲ 20.2%
Amounts receivable within one year40/41€0.4m€0.3m€0.3m€0.4m▲ 30.6%
Trade receivables40€0.4m€0.3m€0.3m€0.4m▲ 30.8%
Other amounts receivable41€0.01m€0.005m€0.02m€0.02m▲ 27.2%
Cash at bank and in hand54/58€0.2m€0.2m€0.2m€0.1m▼ 51.1%
Deferred charges and accrued income490/1€0.002m€0€0.001m€0▼ 100%
Equity and liabilities
Total equity and liabilities10/49€1.4m€1.2m€1.2m€1.1m▼ 7.1%
Equity10/15€0.2m€0.2m€0.2m€0.3m▲ 26.4%
Contributions10/11€0.2m€0.2m€0.2m€0.2m=
Profit (loss) carried forward14-€0.04m€0.02m€0.006m€0.06m▲ 904%
Amounts payable17/49€1.2m€0.9m€1.0m€0.9m▼ 13.9%
Amounts payable after more than one year17€0.5m€0.4m€0.3m€0.2m▼ 29.7%
Financial debts170/4€0.5m€0.4m€0.3m€0.2m▼ 29.7%
Amounts payable within one year42/48€0.7m€0.5m€0.7m€0.6m▼ 6.3%
Current portion of amounts payable after more than one year42€0.09m€0.09m€0.1m€0.1m=
Financial debts43---€0.001m-
Credit institutions430/8---€0.001m-
Trade debts44€0.6m€0.4m€0.5m€0.5m▼ 5.6%
Suppliers440/4€0.6m€0.4m€0.5m€0.5m▼ 5.6%
Taxes, remuneration and social security45€0.08m€0.05m€0.07m€0.06m▼ 9.9%
Taxes450/3€0.06m€0.04m€0.05m€0.04m▼ 19.5%
Remuneration and social security454/9€0.01m€0.006m€0.02m€0.02m▲ 14.8%
Other amounts payable47/48€0.03m€0.03m€0.04m€0.03m▼ 24.9%
Line2022202320242025Change
Profit (loss) for the period9904-€35,891€60,721-€18,803€54,467-
+ Depreciation and write-downs630€47,926€82,643€87,277€94,212▲ 7.9%
Operating cash flow (approximation)€12,035€143,364€68,474€148,679▲ 117%
Investment in fixed assets (approximation)--€6,012-€64,241-€20,976▲ 67.3%
Change in cash--€5,479€19,517-€116,173-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 2,542 companies had the same profile as B-Packaging has now. Two years later, 3.5% had gone bankrupt and 94.9% were still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
3.5% went bankrupt
1.2% stopped otherwise
94.9% was still going

Another 0.4% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of B-Packaging itself: 0.9% within 12 months.

Test of the method

The method was tested on the 497,446 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 3.0% 3.1%
10 5.6% 6.2%

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 2,542 companies, not a prediction for B-Packaging. 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.

Filings with the National Bank (4)
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 28-04-2026 2026-00098674 PDF
31-12-2024 abbreviated format 22-05-2025 2025-00116822 PDF
31-12-2023 abbreviated format 04-06-2024 2024-00109172 PDF
31-12-2022 abbreviated format 12-05-2023 2023-00087290 PDF

Board & ownership

Directors

Directors
2 directors, 2 in day-to-day management, no change since 2025

Board 2

CARDINAL
Director (not named in the articles) · since 12-04-2022 · Public limited company · permanent representative: Alexander Lemahyeur · listed in the 2025 annual accounts, filed on 28-04-2026
Current
JOLAX
Director (not named in the articles) · since 12-04-2022 · Private limited company · permanent representative: Laurence Ramboux · listed in the 2025 annual accounts, filed on 28-04-2026
Current

Day-to-day management 2

Marjan Martha Van der Heyden
Day-to-day manager and director (executive) · appointed in the act of 14-04-2022
Current
Kurt De Moor
Day-to-day manager · appointed in the act of 01-07-2022 · term without a fixed end
Current
Permanent representatives 2
Alexander Lemahyeur
Permanent representative · appointed in the act of 14-04-2022 · for CARDINAL
Current
Laurence Ramboux
Permanent representative · appointed in the act of 14-04-2022 · for JOLAX
Current

Other functions 1

Marjan Martha Van der Heyden
Day-to-day manager and director (executive) · appointed in the act of 14-04-2022
Current

Owners and capital

Shareholders

1 owner

Chain of control

  1. JOLAX 100%
  2. CARDINAL 100%
  3. B-Packaging

Owners 1

Mandate history

5 people, 4 in office
Show
  • Board
  • Day-to-day management
  • Other function
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
CARDINAL
  • Director (not named in the articles), appointed in the act of 14-04-2022, still in office
JOLAX
  • Director (not named in the articles), appointed in the act of 14-04-2022, still in office
Marjan Martha Van der Heyden
  • Day-to-day manager and director (executive), appointed in the act of 14-04-2022, still in office
  • Day-to-day manager and director (executive), appointed in the act of 14-04-2022, still in office
Kurt De Moor
  • Day-to-day manager, appointed in the act of 01-07-2022, still in office
Marjan Van Der Heyden
  • Day-to-day manager, until 14-07-2025
See the board, name and registered office on a given date →

Articles of association

Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
“Algemene vergadering mag één of meerdere vereffenaars aanduiden,bevoegdheden omlijnen en vergoeding bepalen, bestuurder(s) in functie…”

Articles of association, deed of 14-04-2022 (in Dutch)

Network & group

Companies at the same address

5 other companies

Connections & network

2 current directors
Depth

The network starts from the directors of B-Packaging. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

Deadline for the 2026 accounts: 31-07-2027
2026
28-04
NBB filing Annual accounts 2025 filedPDF
abbreviated format · 94 days before the deadline
2025
31-12
Financial Back to profitnet €54,467
The net result is €54,467, after one loss-making year.
14-07
Gazette deed Resignation: Marjan Van Der Heyden (day-to-day manager)
2 points ▸
  • Board meeting, 11-06-2025
  • Director resignation, Marjan Van Der Heyden (day-to-day manager)

Open the act in the Belgian Official Gazette

22-05
NBB filing Annual accounts 2024 filedPDF
abbreviated format · 70 days before the deadline
2024
04-06
NBB filing Annual accounts 2023 filedPDF
abbreviated format · 57 days before the deadline
2023
31-12
Financial Back to profitnet €60,721
The net result is €60,721, after one loss-making year.
31-12
Financial Equity above €200,000equity €224,830 ▲37%
Equity rises from €164,109 to €224,830.
12-05
NBB filing Annual accounts 2022 filedPDF
abbreviated format · 80 days before the deadline
2022
01-07
Gazette deed Appointment: Kurt De Moor (day-to-day manager)
2 points ▸
  • Board meeting, 02-06-2022
  • Director appointment, Kurt De Moor (day-to-day manager)

Open the act in the Belgian Official Gazette

14-04
Gazette deed Incorporation
Appointments: CARDINAL, JOLAX and Marjan Martha Van der Heyden · Permanent representatives: Alexander Lemahyeur and Laurence Ramboux · Founder10 points ▸
  • Incorporation, 08-04-2022
  • Founder, CARDINAL
  • Founding capital, €200,000
  • Registered office clause, “8790 Waregem,Flanders-Fieldweg 41” (deed in Dutch)
  • Director appointment, CARDINAL (director (not named in the articles))
  • Director appointment, JOLAX (director (not named in the articles))
  • Permanent representative, Alexander Lemahyeur
  • Permanent representative, Laurence Ramboux
  • Director appointment, Marjan Martha Van der Heyden (day-to-day manager and director (executive))
  • Pre-incorporation commitments, “takeover, alle verbintenissen en verplichtingen die eruit voortvloeien en alle activiteiten ondernomen door comparanten in naam en voor rekening van vennootscha…” (deed in Dutch)

Open the act in the Belgian Official Gazette

Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

On 12 April 2022, B-Packaging was incorporated as a private limited company.1 Of the 2 current board members, 2 have served since 2022.2 Total assets went from €1.4m in 2022 to €1.1m in 2025 and headcount from 2.3 to 4 full-time equivalents.3

  1. 1KBO register
  2. 2National Bank, annual accounts 2025
  3. 3National Bank, annual accounts 2022 and 2025

Company details

Register details

Identity

KBO record
Name B-Packaging in Dutch
Enterprise number 0784.745.935
Legal form Private limited company
Status Active, normale toestand
Founded 12-04-2022
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 14-04-2022 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 14-04-2022 (in Dutch)

Registered office and establishments

Registered office Flanders-Fieldweg 41, 8790 Waregem, Belgium
Establishment unit B-Packaging, Flanders-Fieldweg 41, 8790 Waregem since 12-04-2022 · unit number 2.330.070.058

Activities

NACEBEL 2025
VAT activities
18120 Other printing main activity
18130 Pre-press and pre-media services
Social security (RSZ) activities
73110 Advertising agencies main activity
Codes under NACEBEL 2008
VAT activities
18120 Printing and reproduction of recorded media main activity
18130 Pre-press and pre-media services
Social security (RSZ) activities
73110 Advertising, market research and public relations activities main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Alle verrichtingen die betrekking hebben op het kopen en verkopen,de import en de export,de handel in het groot en in het klein,het…”
18 activities
  1. Alle verrichtingen die betrekking hebben op het kopen en verkopen,de import en de export,de handel in het groot en in het klein,het vervaardigen-conditioneren,het verdelen als commissionair-agent-fabrikant,het voeren van de marketing-publiciteit,het laten vertegenwoordigen door derden,het laten beschermen van namen en patenten van alle producten in verband met alle mogelijke soorten van karton of ander soort materiaal,al dan niet bedrukt,en met de hiermee verband houdende machines en werktuigen.
  2. De uitbating van een drukkerij,onder meer: Reproductie: productie van boekdrukvormen,offsetproductie- en offsetdrukplaten,diepdrukreproducties en diepdrukcilinders; Vouwen,vergaren,naaien,garenloos binden,lijmen,snijden,brocheren en goudstempelen van bedrukte vellen voor boeken,brochures,tijdschriften,catalogi,enz; Vouwen,stempelen,ponsen,perforeren,pregen,lijmen en lamineren van bedrukt papier of karton voor o.m. handelsformulieren,staalkaarten,labels,kalenders,reclamemateriaal,enz;
  3. Verven,graveren en bedrukken van plastiek,metaal,papier,karton en gelijksoortige materialen tot de volledige afwerking;
  4. Digitaal bedrukken,bewerken van allerhande materialen en volledige afwerking ervan.
  5. Groothandel in andere intermediaire producten;
  6. Etiketteren,zegelen en stempelen.
  7. Onder welke vorm ook participaties te verwerven en/of aan te houden in bestaande en nog op te richten vennootschappen en ondernemingen. Zij kan deze participaties beheren,te gelde maken en valoriseren,onder meer door deel te nemen aan het bestuur en het toezicht van de ondernemingen en vennootschappen waarin zij participeert en door ze bijstand te verlenen in hun operationeel beheer.
  8. De vennootschap kan tevens alle mogelijke vormen van bijstand of ondersteuning op bedrijfseconomisch,commercieel,financieel,administratief of technisch vlak verlenen aan ondernemingen,alsook op louter contractuele basis het operationeel beheer ervan waarnemen. De vennootschap kan alle bestuursopdrachten waarnemen evenals opdrachten en functies uitoefenen in andere vennootschappen en/of ondernemingen.
  9. De vennootschap kan optreden voor eigen rekening en/of voor rekening van derden bij onderhandelingen voor gehele of gedeeltelijke overname van aandelen of participaties. De vennootschap kan deelnemen of zich op andere wijze interesseren in allerhande vennootschappen,ondernemingen,groeperingen en organisaties en hieraan leningen verstrekken.
  10. Ook kan de vennootschap in het raam van haar thesauriebeheer,rechtstreeks of via vestigingen in België of in het buitenland,financiële vaste activa verwerven of verkopen,trading- en deviezenoperaties uitvoeren,en tussenkomen in de overname en plaatsing van aandelen,obligaties en effecten allerhande.
  11. De vennootschap kan beleggen in onroerende en roerende waarden en bezittingen,en deze waarden en bezittingen beheren en uitbaten. Het hypothekeren of in het algemeen bezwaren van onroerende goederen en/of enig recht of belang in onroerende goederen behoort tevens tot de doeleinden.
  12. De vennootschap heeft eveneens tot voorwerp het verstrekken van bijstand,office management,advies en leiding aan bedrijven,privépersonen en instellingen,onder meer op het vlak van het management,marketing,productie,ontwikkeling,processing en besturen van vennootschappen in de meest ruime zin;
  13. Het aankopen,verkopen,ruilen,omvormen,bouwen,verbouwen,uitbaten,beheren,huren,verhuren,in leasing nemen en in leasing geven van alle gebouwde of onbebouwde onroerende goederen.
  14. De vennootschap kan zowel tot waarborg van eigen verbintenissen als tot waarborg van verbintenissen van derden borg te stellen,onder meer door haar goederen in hypotheek of in pand te geven,inclusief de eigen handelszaak. Ook kan de vennootschap middelen voorschieten of leningen toestaan aan derden.
  15. Zij heeft in het algemeen de volle rechtsbekwaamheid om alle handelingen en verrichtingen te voltrekken die een rechtstreeks of onrechtstreeks verband houden met haar voorwerp of welke van die aard zouden zijn dat zij de verwezenlijking van dit voorwerp,rechtstreeks of onrechtstreeks,geheel of ten dele vergemakkelijken.
  16. Zij kan belangen nemen door associatie,inbreng,fusie,financiële tussenkomst of op gelijk welke andere wijze,in alle vennootschappen,verenigingen of ondernemingen met een identiek,gelijklopend of samenhangend voorwerp met het hare,of die van aard kunnen zijn de ontwikkeling van haar onderneming te begunstigen of een bron van afzetten te vormen.
  17. Zij kan de functies van bestuurder of vereffenaar uitoefenen in andere vennootschappen.
  18. De vennootschap mag zich borgstellen of zakelijke zekerheden verlenen ten voordele van vennootschappen of particulieren,in de meest ruime zin.
deed of 14-04-2022 (in Dutch)

Invoicing and payment

VAT number BE 0784.745.935
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0784745935
Other Peppol ID 9925:BE0784745935
Registered 26-09-2025

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 2 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of April at 09:00
deed of 14-04-2022 (in Dutch)

Sites & property

Location
registered office establishment The establishment unit on the map
6 companies at this address See who is registered here

Buildings and parcels at the address

Ground area
6,733 m²
Building footprint
4,681 m²
Building volume
23,192 m³
Cadastral parcel Region Area Buildings Height / floors
34452B0863/00X010 Flanders 6,733 m² 1 · 4,681 m² 7.2 m · 2