BCB PACKAGING SERVICES
ActiveFinancials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 23-06-2026 at the NBB all 7 filings
Turnover
≈ €1.4m
Estimated: probably between €1.1m and €1.9m
Total assets
€4.4m▲ 750%
2024 · €516,751
Net result
€25,972▼ 63.9%
2024 · €71,986
Working capital
-€84,334
2024 · €404,497
In the rankings
#9 employer in Etterbeek, Administrative and support services sector#10 company by total assets in Etterbeek, Administrative and support services sector
Multi-year overview
2019 to 2025, 7 financial yearsOperating result
€60,429
▼ 43.1%
2025
20192025
Net result
€25,972
▼ 63.9%
2025
middle half of the sector
20192025
Equity
€430,469
▲ 6.4%
2025
middle half of the sector
20192025
Total assets
€4.4m
▲ 750%
2025
highest quarter of the sector
20192025
Debt
€4.0m
▲ 35×
2025
20192025
Working capital
-€84,334
2025
lowest quarter of the sector
20192025
Solvency
9.8%
▼ 68.5pp
2025
lowest quarter of the sector
20192025
Current ratio
0.82
▼ 3.78
2025
middle half of the sector
20192025
Return on assets (ROA)
0.6%
▼ 13.3pp
2025
middle half of the sector
20192025
Staff (FTE)
18
▼ 3.2%
2025
highest quarter of the sector
20192025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€0.08m-€0.06m▼ 27.3%€0.03m▼ 52.5%€0.1m▲ 360%€0.2m▲ 45.7%€0.1m▼ 41.1%€0.06m▼ 43.1%
Net result€0.06m-€0.04mabove the sector's middle half▼ 28.2%€0.02mwithin the sector's middle half▼ 53.9%€0.09mabove the sector's middle half▲ 372%€0.1mabove the sector's middle half▲ 38.9%€0.07mwithin the sector's middle half▼ 41.2%€0.03mwithin the sector's middle half▼ 63.9%
Equity€0.06m-€0.1mwithin the sector's middle half▲ 64.4%€0.1mwithin the sector's middle half▲ 18.1%€0.2mabove the sector's middle half▲ 72.3%€0.3mabove the sector's middle half▲ 58.3%€0.4mwithin the sector's middle half▲ 21.6%€0.4mwithin the sector's middle half▲ 6.4%
Total assets€0.3m-€0.3mwithin the sector's middle half▲ 3.9%€0.2mwithin the sector's middle half▼ 30.6%€0.4mwithin the sector's middle half▲ 73.3%€0.5mabove the sector's middle half▲ 34.4%€0.5mwithin the sector's middle half▲ 8.9%€4.4mabove the sector's middle half▲ 750%
Debt€0.2m-€0.2m▼ 13.4%€0.08m▼ 57.0%€0.1m▲ 74.8%€0.1m▼ 0.6%€0.1m▼ 20.9%€4.0m▲ 35×
Working capital€0.06m-€0.1mabove the sector's middle half▲ 64.4%€0.1mabove the sector's middle half▲ 18.1%€0.2mabove the sector's middle half▲ 72.3%€0.3mabove the sector's middle half▲ 58.3%€0.4mwithin the sector's middle half▲ 21.6%-€0.08mbelow the sector's middle half
Solvency22.3%-35.2%within the sector's middle half▲ 13.0pp59.9%within the sector's middle half▲ 24.7pp59.5%within the sector's middle half▼ 0.3pp70.1%within the sector's middle half▲ 10.6pp78.3%above the sector's middle half▲ 8.2pp9.8%below the sector's middle half▼ 68.5pp
Current ratio1.29-1.54within the sector's middle half▲ 0.262.49within the sector's middle half▲ 0.952.47within the sector's middle half▼ 0.023.34within the sector's middle half▲ 0.874.60above the sector's middle half▲ 1.260.82within the sector's middle half▼ 3.78
Return on assets (ROA)20.0%-13.8%within the sector's middle half▼ 6.2pp9.2%within the sector's middle half▼ 4.6pp25.0%above the sector's middle half▲ 15.8pp25.8%within the sector's middle half▲ 0.8pp13.9%above the sector's middle half▼ 11.9pp0.6%within the sector's middle half▼ 13.3pp
Staff (FTE)3.6-3.9above the sector's middle half▲ 8.3%6.1▲ 56.4%20▲ 228%18.2▼ 9.0%18.6above the sector's middle half▲ 2.2%18above the sector's middle half▼ 3.2%
above
within
below
The sector band is the middle half of the companies in Office administrative, office support and other business support activities (NACE 82). 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 operating result for 2025 is 43% lower than in 2024. It is the second fall in a row.
Turnover and EBIT margin are not published. The abbreviated or micro 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 €4.4m
Fixed assets
€4.0m
Current assets
€393,345
Equity and liabilities €4.4m
Equity
€430,469 ▲ 6.4%
Debt
€4.0m ▲ 35×
Debt's share of the balance-sheet total rises from 21.7% to 90.2%. Equity and debt are higher.
Key figures and ratios
Debt to equity
9.21▲
2024 · 0.28
ROE
6.0%▼
2024 · 17.8%
Debt ≤ 1 year
€477,679▲
2024 · €112,254
Debt > 1 year
€3.5m
Income taxes
€14,963▼
2024 · €33,763
Staff costs
€844,571▲
2024 · €810,008
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 15 | 19 | 18 | 18 | 18 |
| full-time | 15 | 19 | 17 | 18 | 18 |
| part-time | - | - | 1 | 0 | 0 |
| in full-time equivalents | 15 | 19 | 17.8 | 18 | 18 |
| Average over the year, in full-time equivalents | 6.1 | 20 | 18.2 | 18.6 | 18 |
| On a permanent contract | 2 | 3 | 10 | 11 | 12 |
| Joined | 13 | 8 | 5 | 3 | 4 |
| Left | 1 | 4 | 6 | 3 | 4 |
| Training hours | - | - | 46 | 61 | 25 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | - | - | - | - | €2.9m |
| Pledge on other assets, amount secured | - | - | - | - | €2.9m |
| Carrying value of the other pledged assets | - | - | - | - | €4.0m |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Financial fixed assets | - | - | - | - | €4.0m |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €198,515 | €694,396 | €746,679 | €810,008 | €844,571 | ▲ 4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,427 | - | - | - | - | - | - | - |
| Other operating charges640/8 | - | - | €120 | €469 | €648 | €668 | €688 | ▲ 2.9% |
| Gross operating margin9900 | €183,386 | €194,841 | €225,514 | €818,619 | €927,648 | €916,933 | €905,688 | ▼ 1.2% |
| Operating profit (loss)9901 | €77,847 | €56,571 | €26,879 | €123,753 | €180,322 | €106,257 | €60,429 | ▼ 43.1% |
| Financial income75/76B | - | - | €31 | - | €0 | €38 | €107 | ▲ 179% |
| Recurring financial income75 | €1 | €10 | €31 | - | €0 | €38 | €107 | ▲ 179% |
| Financial charges65/66B | - | - | €1,263 | €651 | €618 | €547 | €19,602 | ▲ 36× |
| Recurring financial charges65 | €19 | €968 | €1,263 | €651 | €618 | €547 | €19,602 | ▲ 36× |
| Profit (loss) for the period before taxes9903 | €77,828 | €55,613 | €25,647 | €123,103 | €179,704 | €105,748 | €40,934 | ▼ 61.3% |
| Income taxes67/77 | €21,507 | €15,158 | €6,982 | €34,952 | €57,295 | €33,763 | €14,963 | ▼ 55.7% |
| Profit (loss) for the period9904 | €56,322 | €40,455 | €18,665 | €88,151 | €122,408 | €71,986 | €25,972 | ▼ 63.9% |
| Profit (loss) for the period to be appropriated9905 | €56,322 | €40,455 | €18,665 | €88,151 | €122,408 | €71,986 | €25,972 | ▼ 63.9% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €0.3m | €0.3m | €0.2m | €0.4m | €0.5m | €0.5m | €4.4m | ▲ 750% |
| Fixed assets21/28 | - | - | - | - | - | - | €4.0m | - |
| Financial fixed assets28 | - | - | - | - | - | - | €4.0m | - |
| Current assets29/58 | €0.3m | €0.3m | €0.2m | €0.4m | €0.5m | €0.5m | €0.4m | ▼ 23.9% |
| Amounts receivable within one year40/41 | €0.2m | €0.2m | €0.07m | €0.09m | €0.1m | €0.09m | €0.1m | ▲ 15.5% |
| Trade receivables40 | - | - | €0.07m | €0.09m | €0.1m | €0.09m | €0.1m | ▲ 10.8% |
| Other amounts receivable41 | - | - | €225 | €233 | €225 | €0.006m | €0.01m | ▲ 78.7% |
| Cash at bank and in hand54/58 | €0.06m | €0.05m | €0.1m | €0.3m | €0.4m | €0.4m | €0.3m | ▼ 31.0% |
| Deferred charges and accrued income490/1 | - | - | €0.002m | - | €0.006m | €0.009m | €0 | ▼ 100% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €0.3m | €0.3m | €0.2m | €0.4m | €0.5m | €0.5m | €4.4m | ▲ 750% |
| Equity10/15 | €0.06m | €0.1m | €0.1m | €0.2m | €0.3m | €0.4m | €0.4m | ▲ 6.4% |
| Contributions10/11 | €0.007m | - | €0.007m | €0.007m | €0.007m | €0.007m | €0.007m | = |
| Reserves13 | €0.06m | €0.1m | €0.1m | €0.2m | €0.3m | €0.4m | €0.4m | ▲ 6.5% |
| Non-distributable reserves130/1 | - | - | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Reserves not available under the articles1311 | - | - | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Distributable reserves133 | - | - | €0.1m | €0.2m | €0.3m | €0.4m | €0.4m | ▲ 6.6% |
| Amounts payable17/49 | €0.2m | €0.2m | €0.08m | €0.1m | €0.1m | €0.1m | €4.0m | ▲ 35× |
| Amounts payable after more than one year17 | - | - | - | - | - | - | €3.5m | - |
| Financial debts170/4 | - | - | - | - | - | - | €3.5m | - |
| Amounts payable within one year42/48 | €0.2m | €0.2m | €0.08m | €0.1m | €0.1m | €0.1m | €0.5m | ▲ 326% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | - | - | €0.4m | - |
| Trade debts44 | €0.2m | €0.1m | €0.002m | €0.003m | €0.02m | €0.001m | €0.004m | ▲ 441% |
| Suppliers440/4 | - | - | €0.002m | €0.003m | €0.02m | €0.001m | €0.004m | ▲ 441% |
| Taxes, remuneration and social security45 | - | - | €0.08m | €0.1m | €0.1m | €0.1m | €0.09m | ▼ 16.8% |
| Taxes450/3 | - | - | €0.02m | €0.03m | €0.03m | €0.02m | €0.02m | ▼ 3.3% |
| Remuneration and social security454/9 | - | - | €0.06m | €0.1m | €0.1m | €0.1m | €0.08m | ▼ 19.2% |
| Other amounts payable47/48 | - | - | - | - | - | - | €0.009m | - |
| Accrued charges and deferred income492/3 | - | - | - | - | - | - | €0.007m | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €56,322 | €40,455 | €18,665 | €88,151 | €122,408 | €71,986 | €25,972 | ▼ 63.9% |
| + Depreciation and write-downs630 | €2,427 | - | - | - | - | - | - | - |
| Operating cash flow (approximation) | €58,749 | €40,455 | €18,665 | €88,151 | €122,408 | €71,986 | €25,972 | ▼ 63.9% |
| Change in cash | - | -€9,923 | €85,514 | €131,031 | €87,740 | €61,973 | -€128,505 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (7)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 23-06-2026 | 2026-00234628 | |
| 31-12-2024 | abbreviated format | 26-08-2025 | 2025-00415654 | |
| 31-12-2023 | micro format | 28-08-2024 | 2024-00432939 | |
| 31-12-2022 | micro format | 30-06-2023 | 2023-00194446 | |
| 31-12-2021 | micro format | 17-06-2022 | 2022-20070453 | |
| 31-12-2020 | micro format | 20-07-2021 | 2021-37900310 | |
| 31-12-2019 | micro format | 25-06-2020 | 2020-21100063 |