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CONDI-PACK

Active
Private limited company (pre-2019)founded 200718 yrs activeRue Nouvelle 48, 5640 Mettet, BelgiumKBO/BCE: BE 0893.975.259

CONDI-PACK has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €171k and a net result of €-14k. Equity is growing by ~2.6% per year across the filed fiscal years. Its solvency ranks better than 95% of 7750 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
65 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability9▼-62
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 27.68 against 15.85 in 2024; short-term debt: 3.6% and cash: 1% of total assets), and 3.6% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 18 years 0 20 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
15 d early
2024
14 d early
2023
27 d early
2022
19 d early
2021
25 d early
2020
31 d early
2019
24 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€171k▼ 7.4%
2024 · €184k
2018: €138k 2019: €158k 2020: €173k 2021: €171k 2022: €181k 2023: €180k 2024: €184k
2018 → 2025
Total assets
€177k▼ 9.9%
2024 · €196k
2018: €207k 2019: €213k 2020: €227k 2021: €211k 2022: €208k 2023: €199k 2024: €196k
2018 → 2025
Net result
€-14k
2024 · €4k
2018: €21k 2019: €21k 2020: €15k 2021: €-2k 2022: €9k 2023: €-352 2024: €4k
2018 → 2025
Working capital
€169k▼ 5.0%
2024 · €178k
2018: €130k 2019: €152k 2020: €182k 2021: €164k 2022: €170k 2023: €170k 2024: €178k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€171k-€181k▲ 5.5%€180k▼ 0.2%€184k▲ 2.2%€171k▼ 7.4%
Operating result€-1k-€16k€991▼ 93.8%€7k▲ 623%€-13k
Net result€-2k-€9k€-352€4k€-14k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€-10k€0€10k€20kOperating result 2021: €-1k€-1kNet result 2021: €-2k€-2kOperating result 2022: €16k€16kNet result 2022: €9k€9kOperating result 2023: €991€991Net result 2023: €-352€-352Operating result 2024: €7k€7kNet result 2024: €4k€4kOperating result 2025: €-13k€-13kNet result 2025: €-14k€-14k20212022202320242025
The operating result turns negative in 2025: a loss of €13k after €7k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €177k
Fixed assets €1k▼ 78.2%
Current assets €176k▼ 7.7%
Equity and liabilities €177k
Equity €171k▼ 7.4%
Debt €6k▼ 47.1%
The debt ratio falls from 6.1% to 3.6%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€-9k
2024 · €12k
Cash flow
€-9k
2024 · €9k
Solvency
96.4%
2024 · 93.9%
Current ratio
27.68
2024 · 15.85
Quick ratio
27.68
2024 · 15.85
Debt / equity
0.04
2024 · 0.07
ROE
-8.0%
2024 · 2.2%
ROA
-7.7%
2024 · 2.0%
Interest coverage
-48.05
2024 · 27.35
Debt
€6k
2024 · €12k
Debt ≤ 1 year
€6k
2024 · €12k
Income taxes
€177
2024 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€196k€177k
Fixed assets21/28€6k€1k
Tangible fixed assets22/27€6k€1k
Furniture and vehicles24€6k€1k
Current assets29/58€190k€176k
Amounts receivable within one year40/41€177k€174k
Trade receivables40€18k€392
Other amounts receivable41€160k€173k
Cash at bank and in hand54/58€13k€2k
Deferred charges and accrued income490/1€136€140
Equity and liabilities
Total equity and liabilities10/49€196k€177k
Equity10/15€184k€171k
Contributions10/11€7k€7k=
Reserves13€141k€141k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€139k€139k=
Profit (loss) carried forward14€37k€23k
Amounts payable17/49€12k€6k
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€12k€6k
Current portion of amounts payable after more than one year42€1k€0
Trade debts44€2k€3k
Suppliers440/4€2k€3k
Taxes, remuneration and social security45€8k€3k
Taxes450/3€8k€3k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k=
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€2k
Other operating charges640/8€2k€849
Gross operating margin9900€13k€-6k
Operating profit (loss)9901€7k€-13k
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€437€178
Recurring financial charges65€437€178
Profit (loss) for the period before taxes9903€7k€-14k
Income taxes67/77€3k€177
Profit (loss) for the period9904€4k€-14k
Profit (loss) for the period to be appropriated9905€4k€-14k
Appropriation of the result
Profit (loss) to be appropriated9906€41k€23k
Profit (loss) brought forward from the previous period14P€37k€37k=
Transfer to equity691/2€4k€0
To other reserves6921€4k€0

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
16-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Weakest financial yearnet €-14k ▼444%
Net result drops to €-14k, the lowest in the series.
17-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Back to profitnet €4k
Net result €4k after one loss-making year.
04-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
12-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Back to profitnet €9k
Net result €9k after one loss-making year.
06-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
07-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Equity above €150kEq €158k ▲15%
2 profitable years in a row build equity to €158k.
10-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
02-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
30-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Mettet · 1 establishment unit since 2007
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Rue Nouvelle 485640 Mettet
Ground area
905 m²
Building footprint
128 m²
Parcel 92087D0684/00X000, Wallonia. Linked by address, not a title deed.
1 establishment unit
CONDI-PACK SPRL
Rue Nouvelle 48, 5640 MettetNACE 2112202
since 20072.167.724.128
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
92087D0684/00X000 Wallonia 905 m² 1 · 128 m² -
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 304 companies in sector 82920 we hold annual accounts for 198. 131 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded06-12-2007
Fiscal year end31-12
Activities, NACEBEL
82920Office administrative, office support and other business support activities
17210Manufacture of paper and paper products
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers

Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry
Phone:0494686739
Establishment Mettet 2.167.724.128