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BELGIAN NONWOVENS

Active
Public limited companyfounded 1987active for 39 yearsLieven Gevaertlaan 21, 3900 Pelt, BelgiumKBO/BCE: BE 0430.712.761
Summary

BELGIAN NONWOVENS has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.5m and a net result of €171,014. Equity has been shrinking by about 13% per year since 2019. If that trend continues, it turns negative around financial year 2028. Its solvency ranks better than 95% of 95 sector peers (NACE 17, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

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BELGIAN NONWOVENSActiveChecked score 91/100
Risk analysis ReportCompare

Overview

Official details

Source: KBO
Status
Active since 19-03-1987 Normal situation
Activity
Manufacture of paper and paper products NACE 17120and 1 other
Joint committees
136 Paritair Comité voor de papier- en kartonbewerking
222 Paritair Comité voor de bedienden van de papier- en kartonbewerking · annual accounts 2025
Establishment unit
2.033.063.877 3900 Pelt, since 03-04-1987
Financial year end
31 December
Peppol
Reachable since 17-11-2025
Company details

Board and ownership

Board
Auditor
DELOITTE Bedrijfsrevisoren BV
Shareholders
Board & ownership

Financial position

91 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Turnover
€981,943
▼ 10.2%
Profit
€171,014
▼ 31.3%
Equity
€3.5m
=
Total assets
€4.0m
▼ 11.5%
Employees on 31-12-2025
15
▼ 16.7%
Financials
Score breakdownraises riskSector: Manufacture of paper and paper products (NACE 17)lowers riskFounded in 1987Equity €3.5m (89.7% of total assets)Profit of €171,014 (financial year 2025)Show the evidence

Checked score

Score 2025
91 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 53% of small companies in paper (NACE 17)
Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Strong
Solvency 100=
equity 89.7% of total assets
Liquidity 52+6
short-term debt 10.3% · cash 1.8%
Profitability 64=
return on assets 4.3%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.2% (59 companies, NACE 17, small)
Last 24 months 12-2024: 0.7%highest value 01-2025: 0.7%● unchanged vs 12-2024highest value 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.7%● unchanged vs 03-2025 05-2025: 0.7%● unchanged vs 04-2025 06-2025: 0.7%● unchanged vs 05-2025 07-2025: 0.2%▼ -0.5 percentage points vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.1%▼ -0.1 percentage points vs 06-2026lowest value 08-2026: 0.1%● unchanged vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value
Credit of up to €95,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 9.7 (4.83 in 2024), above the usual 1.5. Short-term debt is 10.3% and cash 1.8% of total assets. 10.3% 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, small). It does better than 90% of them on solvency, 58% on liquidity, 42% on profitability and 20% on growth.

The bankruptcy probability was computed on 02-11-2026 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 1987
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Manufacture of paper and paper products (NACE 17)
KBO
lowers risk · Equity €3.5m (89.7% of total assets)
NBB · annual accounts
lowers risk · Profit of €171,014 (financial year 2025)
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 08-06-2026, 53 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
53 days early
2024
48 days early
2023
29 days early
2022
79 days late
2021
28 days early
2020
1 day late
2019
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 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 23 June (3 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
03-11-2026 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

  • Positive: Higher solvency than 95% of companies in papersector median 48.3% · 95 companies 89.7% View
  • Positive: 7 profitable years in a rowprofit 2025: €171,014 7 years View
  • Caution: Result fell in 2025from €248,768 to €171,014 ▼ 31.3% View
  • A director leftlatest change 01-06-2026 · 2 in office 1 left View

Recent changes

  1. · Gazette deed Resignation: Stefan Reichmann (managing director)
  2. · Gazette deed Resignation: Stefan Reichmann (director)
  3. · Gazette deed Reappointment: Deloitte Bedrijfsrevisoren BV (statutory auditor)
All 28 events

Companies linked to BELGIAN NONWOVENS

Comparable companies

These companies have the same main activity as BELGIAN NONWOVENS: manufacture of paper and paper products (NACE 17120). They are comparable in size and age: total assets between €2.5m and €5.9m, founded between 1976 and 1997.

CompanyTotal assetsTurnover
BELGIAN NONWOVENS Pelt€4.0m€1.0m
Belgian Paper Convertors Sint-Katelijne-Waver€3.9m-
A.B.C. LABELS Kuurne€5.9m-
SAC O2 Deinze€2.5m-
GAUTIER-INTOCEL Beerse€4.5m-
Cartec Sint-Pieters-Leeuw€3.0m-
EXAM PACKAGING Grimbergen€4.7m-
Full comparison

Key facts about BELGIAN NONWOVENS
What is the company number of BELGIAN NONWOVENS?
The company number of BELGIAN NONWOVENS is 0430.712.761. The VAT number is the same number with BE in front: BE 0430.712.761.
Where is BELGIAN NONWOVENS based?
The registered office is at Lieven Gevaertlaan 21, 3900 Pelt.Company details
What does BELGIAN NONWOVENS do?
According to the KBO register, the main activity is manufacture of paper and paper products (NACE 17120).
What is the legal form of BELGIAN NONWOVENS?
The legal form of BELGIAN NONWOVENS is Public limited company (NV).
When was BELGIAN NONWOVENS founded?
BELGIAN NONWOVENS was founded on 19-03-1987.
Is BELGIAN NONWOVENS still active?
Yes, BELGIAN NONWOVENS is an active enterprise in the KBO register.
How many employees does BELGIAN NONWOVENS have?
BELGIAN NONWOVENS had an average of 14.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does BELGIAN NONWOVENS fall under?
In its 2025 annual accounts, BELGIAN NONWOVENS states joint committees 136 (Paritair Comité voor de papier- en kartonbewerking) and 222 (Paritair Comité voor de bedienden van de papier- en kartonbewerking).
What is the turnover of BELGIAN NONWOVENS?
The turnover of BELGIAN NONWOVENS was €981,943 in financial year 2025, according to the filed annual accounts.
Is BELGIAN NONWOVENS profitable?
In financial year 2025, BELGIAN NONWOVENS made a profit of €171,014.
Where can I find the annual accounts of BELGIAN NONWOVENS?
BELGIAN NONWOVENS filed 38 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of BELGIAN NONWOVENS due?
BELGIAN NONWOVENS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence See whether the workforce is growing and whether people stay.Employer check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See which support similar companies received that this one did not.Subsidies

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