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Belgian Laminating Company

Active
Public limited companyfounded 2021active for 4 yearsKelderveld 8, 2500 Lier, BelgiumKBO/BCE: BE 0777.647.020
Summary

The computed 12-month bankruptcy probability of Belgian Laminating Company is 2.3% (moderate). The annual accounts of Belgian Laminating Company for financial year 2025 show a net loss of 71% of the equity at the start of that year. The 2025 annual accounts show equity of €76,266 and a net result of -€188,503. Equity has been growing by about 5.2% per year since 2022. Its solvency ranks better than 5% of 58 sector peers (NACE 17, financial year 2025). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 24-11-2021 Normal situation
Registered office
12 active companies are registered at this address 3 started in the 12 months before. Source: KBO register, as of 1 November 2026.
Activity
Manufacture of paper and paper products NACE 17210and 1 other
Joint committee
136 Paritair Comité voor de papier- en kartonbewerking · annual accounts 2022
Establishment unit
2.327.557.857 2500 Lier, since 24-11-2021
Financial year end
31 December
Peppol
Reachable since 12-01-2026

Board and ownership

Board

Financial position

51 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.3%
Annual accounts 2025
Gross margin
€108,687
▼ 66.4%
Turnover
≈ €280,000
estimated
Loss
€188,503
Equity
€76,266
▼ 71.2%
Total assets
€2.3m
▼ 25.0%
Employees on 31-12-2025
5
▲ 150%
Filed on 07-06-2026, 54 days before the deadline
Score breakdownraises risk1 of the last 3 accounts lateEquity €76,266 (3.3% of total assets)Sector: Manufacture of paper and paper products (NACE 17)lowers riskSize: 3.4 FTE, total assets €2.3mShow the evidence

Checked score

Score 2025
51 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 12% of micro companies in paper (NACE 17)
Financial strength · tick: 2024
Weak
Solvency 28-6
equity 3.3% of total assets
Liquidity 6-3
short-term debt 83.4% · cash 1.9%
Profitability 9-59
return on assets -8.2%
Bankruptcy probability within 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (113 companies, NACE 17, micro)
Last 24 months 12-2024: 2.4% 01-2025: 2.4%● unchanged vs 12-2024 02-2025: 2.4%● unchanged vs 01-2025 03-2025: 2.7%▲ +0.3 percentage points vs 02-2025highest value 04-2025: 2.7%● unchanged vs 03-2025 05-2025: 0.8%▼ -1.9 percentage points vs 04-2025 06-2025: 0.8%● unchanged vs 05-2025 07-2025: 0.8%● unchanged vs 06-2025 08-2025: 0.7%▼ -0.1 percentage points vs 07-2025 09-2025: 0.7%● unchanged vs 08-2025 10-2025: 0.7%● unchanged vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025lowest value 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.9%▲ +0.2 percentage points vs 02-2026 04-2026: 0.9%● unchanged vs 03-2026 05-2026: 1.1%▲ +0.2 percentage points vs 04-2026 06-2026: 1.3%▲ +0.2 percentage points vs 05-2026 07-2026: 2.2%▲ +0.9 percentage points vs 06-2026 08-2026: 2.2%● unchanged vs 07-2026 09-2026: 2.3%▲ +0.1 percentage points vs 08-2026 10-2026: 2.3%● unchanged vs 09-2026 11-2026: 2.3%● unchanged vs 10-2026
Credit of up to €3,500 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is tight, with a current ratio of 1.03 (1.09 in 2024), below the usual 1.5. Short-term debt is 83.4% and cash 1.9% of total assets. 96.7% 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 17, micro). It does better than 19% of them on solvency, 13% on liquidity, 14% on profitability and 5% 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).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · 1 of the last 3 accounts late
NBB · filings
raises risk · Equity €76,266 (3.3% of total assets)
NBB · annual accounts
lowers risk · Size: 3.4 FTE, total assets €2.3m
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 · Sector: Manufacture of paper and paper products (NACE 17)
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 58 sector peers (2025).
NBB · sector comparison
Position among 58 sector peers
Solvency
better than 5%
← weakest strongest →
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 07-06-2026, 54 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
54 days early
2024
112 days early
2023
94 days late
2022
29 days late
← 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 11 days before the deadline. In the sector (NACE 17), the median for financial year 2024 was 13 days before the deadline, and 35% 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 19 July (3 of the last 4 accounts filed within 100 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: From profit to loss in 2025after a profit of €58,624 in 2024 -€188,503 View
  • Caution: Lower net result than 95% of companies in papersector median €77,228 · 58 companies -€188,503 View

Recent changes

  1. · Gazette deed Appointment: Cinar Yahya (director)Resignation: Steven Van Humbeeck (director)
  2. · Gazette deed Incorporation
All 10 events

Comparable companies

These companies have the same main activity as Belgian Laminating Company: manufacture of paper and paper products (NACE 17210). They are comparable in size and age: total assets between €368,000 and €3.6m, founded between 2009 and 2024.

CompanyTotal assetsGross margin
Belgian Laminating Company Lier€2.3m€0.1m
CHS PAPER PACK Antwerpen€3.6m€0.3m
Packwork Anderlecht€0.9m€0.8m
IMPLS Deinze€0.4m€0.09m
Delta Print Wielsbeke€0.6m€0.3m
Verpackt Zemst€1.5m€1.1m
PROPAC Liège€2.4m€0.2m
Full comparison

Key facts about Belgian Laminating Company

What is the company number of Belgian Laminating Company?
The company number of Belgian Laminating Company is 0777.647.020. The VAT number is the same number with BE in front: BE 0777.647.020.
Where is Belgian Laminating Company based?
The registered office is at Kelderveld 8, 2500 Lier.Company details
What does Belgian Laminating Company do?
According to the KBO register, the main activity is manufacture of paper and paper products (NACE 17210).
What is the legal form of Belgian Laminating Company?
The legal form of Belgian Laminating Company is Public limited company (NV).
When was Belgian Laminating Company founded?
Belgian Laminating Company was founded on 24-11-2021.
Is Belgian Laminating Company still active?
Yes, Belgian Laminating Company is an active enterprise in the KBO register.
How many employees does Belgian Laminating Company have?
Belgian Laminating Company had an average of 3.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Belgian Laminating Company fall under?
In its 2022 annual accounts, Belgian Laminating Company states joint committee 136 (Paritair Comité voor de papier- en kartonbewerking).
What is the turnover of Belgian Laminating Company?
The turnover in financial year 2025 is ≈ €280,000. This figure is estimated from the gross margin of €108,687 and 1,644 comparable companies of the same size. It probably lies between €170,000 and €520,000. It is a rough estimate.
Is Belgian Laminating Company profitable?
In financial year 2025, Belgian Laminating Company made a loss of €188,503.
Where can I find the annual accounts of Belgian Laminating Company?
Belgian Laminating Company filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Belgian Laminating Company due?
Belgian Laminating Company must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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