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CORPACK

Active
Public limited companyfounded 199432 yrs activeDoornpark(BEV) 20, 9120 Beveren-Kruibeke-Zwijndrecht, BelgiumKBO/BCE: BE 0452.991.978
Summary

CORPACK has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.1m and a net result of -€1.1m. Equity is growing by ~12.4% per year across the filed fiscal years. Its solvency ranks better than 20% of 76 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability14▼-62
Solvency45▼-11
Growth52▼-14
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €120,000 at 30 days only on tighter terms
Liquidity short (current ratio 0.37 against 0.11 in 2024; short-term debt: 80% and cash: 9% of total assets), and 80% of the assets are financed with debt.
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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
highest failure risk from 2 to 8 years 32 years 0 40 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 17
Relative position
BE, all sectors
reference
Manufacture of paper and paper products (NACE 17)
about 49% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
20%
Return on assets
-7.3%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 76 sector peers (2025).
NBB · sector comparison
Position among 76 sector peers
Solvency
better than 20%
← 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 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
18 d early
2024
21 d early
2023
54 d early
2022
97 d early
2021
33 d early
2020
9 d early
2019
17 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 36 days before the deadline; the sector median for financial year 2024 is 13 days before the deadline, and 34% of the sector filed late.

Checked, nothing found (2)
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
28-09-2026 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

History

On 29 June 1994, CORPACK was incorporated.1 A capital increase in 2026 brought the capital to EUR 2.1 million.2 BOXDESIGN was merged into the company in 2026.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 07-08-2026
  3. 3Belgian State Gazette, 24-03-2026

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Financials · fiscal year 2025, full schema

Turnover
€22.0m▲ 18.4%
2024 · €18.6m
EBIT margin
-3.3%▼ 12.3pp
2024 · 9.0%
Net result
-€1.1m
2024 · €1.3m
Working capital
-€7.8m▲ 7.3%
2024 · -€8.4m
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 17, Manufacture of paper and paper products, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover€19.3m▲ 24.1%€22.3m▲ 15.8%€20.3m▼ 9.2%€18.6m▼ 8.3%€22.0m▲ 18.4%
Operating result€1.2m▼ 2.7%€1.4m▲ 18.5%€2.4m▲ 68.6%€1.7m▼ 31.1%-€733,594
Net result€1.0mabove the sector's middle half▲ 13.9%€1.3mabove the sector's middle half▲ 28.1%€2.0mabove the sector's middle half▲ 48.4%€1.3mwithin the sector's middle half▼ 35.4%-€1.1mbelow the sector's middle half
EBIT margin6.3%▼ 1.7pp6.4%▲ 0.1pp12.0%▲ 5.5pp9.0%▼ 3.0pp-3.3%▼ 12.3pp
Equity€3.6mwithin the sector's middle half▲ 41.0%€1.9mwithin the sector's middle half▼ 46.8%€3.0mwithin the sector's middle half▲ 56.0%€4.2mwithin the sector's middle half▲ 43.1%€3.1mwithin the sector's middle half▼ 26.7%
Total assets€5.6mwithin the sector's middle half▲ 4.0%€6.8mwithin the sector's middle half▲ 20.1%€5.7mwithin the sector's middle half▼ 15.9%€13.6mwithin the sector's middle half▲ 140%€15.5mwithin the sector's middle half▲ 13.9%
Debt€2.1m▼ 28.6%€4.9m▲ 136%€2.7m▼ 44.1%€9.4m▲ 246%€12.4m▲ 32.2%
Working capital€2.2mwithin the sector's middle half▲ 38.1%€884,739within the sector's middle half▼ 60.0%€129,936within the sector's middle half▼ 85.3%-€8.4mbelow the sector's middle half-€7.8mbelow the sector's middle half▲ 7.3%
Solvency63.4%above the sector's middle half▲ 16.7pp28.1%within the sector's middle half▼ 35.3pp52.2%within the sector's middle half▲ 24.0pp31.1%within the sector's middle half▼ 21.1pp20.0%below the sector's middle half▼ 11.1pp
Current ratio2.08within the sector's middle half▲ 0.301.18within the sector's middle half▼ 0.901.05within the sector's middle half▼ 0.130.11below the sector's middle half▼ 0.940.37below the sector's middle half▲ 0.27
Return on assets (ROA)18.5%above the sector's middle half▲ 1.6pp19.7%above the sector's middle half▲ 1.2pp34.7%above the sector's middle half▲ 15.1pp9.4%within the sector's middle half▼ 25.4pp-7.3%below the sector's middle half▼ 16.6pp
Staff (FTE)40.5within the sector's middle half▲ 3.6%40.5within the sector's middle half=42.3within the sector's middle half▲ 4.4%43.1within the sector's middle half▲ 1.9%44.3within the sector's middle half▲ 2.8%
above within below the middle half (P25 to P75) of NACE 17, Manufacture of paper and paper products, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€2.0m-€1.0m€0€1.0m€2.0mOperating result 2021: €1.2m€1.2mNet result 2021: €1.0m€1.0mOperating result 2022: €1.4m€1.4mNet result 2022: €1.3m€1.3mOperating result 2023: €2.4m€2.4mNet result 2023: €2.0m€2.0mOperating result 2024: €1.7m€1.7mNet result 2024: €1.3m€1.3mOperating result 2025: -€733,594-€733,594Net result 2025: -€1.1m-€1.1m20212022202320242025-€2m-€1m€0€1m€2mOperating result 2023: €2.4m€2.4mNet result 2023: €2.0m€2mOperating result 2024: €1.7m€1.7mNet result 2024: €1.3m€1.3mOperating result 2025: -€733,594-€734,000Net result 2025: -€1.1m-€1.1m202320242025
The operating result turns negative in 2025: a loss of €733,594 after €1.7m in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €15.5m
Fixed assets €10.9m ▼ 13.9%
Current assets €4.7m ▲ 361%
Equity and liabilities €15.5m
Equity €3.1m ▼ 26.7%
Provisions €1,228 ▼ 35.9%
Debt €12.4m ▲ 32.2%
Debt's share of the balance-sheet total rises from 68.9% to 80.0%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€61,262▼
2024 · €2.2m
Cash flow
-€337,724▼
2024 · €1.8m
Quick ratio
0.32▲
2024 · 0.05
Debt to equity
4.00▲
2024 · 2.22
ROE
-36.5%▼
2024 · 30.1%
Interest coverage
0.17▼
2024 · 11.18
Debt ≤ 1 year
€12.4m▲
2024 · €9.4m
Income taxes
-€9,007▼
2024 · €482,201
Staff costs
€2.9m▲
2024 · €2.8m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,508 companies that looked in July 2024 the way this one looks now, 1.4% went bankrupt within 24 months and 96% are still going.

  • Small
  • 20 years or older
  • solvency 10 to 30%
  • a small loss
1.4% went bankrupt
1.7% stopped otherwise
96% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,508 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 89 lines
Balance sheet Code20242025
Assets
Total assets20/58€13.6m€15.5m▲
Fixed assets21/28€12.6m€10.9m▼
Intangible fixed assets21€222,335€591,574▲
Tangible fixed assets22/27€7.5m€7.0m▼
Plant, machinery and equipment23€7.2m€6.8m▼
Furniture and vehicles24€136,850€57,364▼
Other tangible fixed assets26€131,052€191,325▲
Assets under construction and advance payments27€0-
Financial fixed assets28€5.0m€3.3m▼
Affiliated companies280/1€5.0m€3.3m▼
Participating interests280€3.7m€3.3m▼
Amounts receivable281€1.3m€0▼
Other financial fixed assets284/8€224€224=
Amounts receivable and cash guarantees285/8€224€224=
Current assets29/58€1.0m€4.7m▲
Stocks and contracts in progress3€542,266€655,579▲
Stocks30/36€542,266€655,579▲
Raw materials and consumables30/31€183,062€198,829▲
Finished goods33€359,204€456,750▲
Amounts receivable within one year40/41€34,025€2.6m▲
Trade receivables40€34,025€2.6m▲
Other amounts receivable41€0-
Cash at bank and in hand54/58€360,175€1.4m▲
Deferred charges and accrued income490/1€72,822€14,077▼
Equity and liabilities
Total equity and liabilities10/49€13.6m€15.5m▲
Equity10/15€4.2m€3.1m▼
Contributions10/11€742,736€742,736=
Capital10€742,736€742,736=
Issued capital100€742,736€742,736=
Reserves13€137,894€140,509▲
Non-distributable reserves130/1€74,274€74,274=
Legal reserve130€74,274€74,274=
Tax-exempt reserves132€63,620€66,235▲
Profit (loss) carried forward14€3.4m€2.2m▼
Provisions and deferred taxes16€1,918€1,228▼
Deferred taxes168€1,918€1,228▼
Amounts payable17/49€9.4m€12.4m▲
Amounts payable within one year42/48€9.4m€12.4m▲
Financial debts43€1.7m€0▼
Credit institutions430/8€1.7m€0▼
Trade debts44€1.5m€4.5m▲
Suppliers440/4€1.5m€4.5m▲
Advances received on contracts in progress46€17,984€29,237▲
Taxes, remuneration and social security45€941,980€836,181▼
Taxes450/3€726,346€598,241▼
Remuneration and social security454/9€215,635€237,940▲
Other amounts payable47/48€5.3m€7.0m▲
Accrued charges and deferred income492/3€13,000€5,000▼
Income statement Code20242025
Operating income70/76A€18.7m€22.2m▲
Turnover70€18.6m€22.0m▲
Change in stocks of work in progress, finished goods and contracts in progress71€37,926€97,546▲
Other operating income74€24,335€98,158▲
Non-recurring operating income76A€0€7,306▲
Operating charges60/66A€17.0m€23.0m▲
Goods for resale, raw materials and consumables60€10.6m€13.4m▲
Purchases600/8€10.6m€13.3m▲
Change in stocks: decrease (increase)609€561€136,586▲
Services and other goods61€2.9m€3.9m▲
Remuneration, social security and pensions62€2.8m€2.9m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€547,937€794,856▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€65,376€3,492▲
Other operating charges640/8€101,277€20,091▼
Non-recurring operating charges66A€79,714€1.9m▲
Operating profit (loss)9901€1.7m-€733,594▼
Financial income75/76B€336,337€71,430▼
Recurring financial income75€336,337€71,430▼
Income from financial fixed assets750€59,694€0▼
Income from current assets751€50€32▼
Other financial income752/9€276,593€71,397▼
Financial charges65/66B€248,994€480,111▲
Recurring financial charges65€248,994€420,416▲
Debt charges650€198,279€359,813▲
Other financial charges652/9€50,715€60,604▲
Non-recurring financial charges66B-€59,694
Profit (loss) for the period before taxes9903€1.8m-€1.1m▼
Transfer from deferred taxes780€1,239€689▼
Transfer to deferred taxes680€0-
Income taxes67/77€482,201-€9,007▼
Taxes670/3€485,000€1,382▼
Tax adjustments and reversals of tax provisions77€2,799€10,389▲
Profit (loss) for the period9904€1.3m-€1.1m▼
Transfer from tax-exempt reserves789€4,624€2,607▼
Transfer to tax-exempt reserves689€0€5,222▲
Profit (loss) for the period to be appropriated9905€1.3m-€1.1m▼
Appropriation of the result
Profit (loss) to be appropriated9906€3.4m€2.2m▼
Profit (loss) brought forward from the previous period14P€2.1m€3.4m▲
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
Social balance
Average headcount (FTE)908743.144.3▲

The notes to these accounts (84 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Operating income70/76A€19.5m€22.3m€20.2m€18.7m€22.2m▲ 19.1%
Turnover70€19.3m€22.3m€20.3m€18.6m€22.0m▲ 18.4%
Change in stocks of work in progress, finished goods and contracts in progress71€184,397-€53,875-€110,948€37,926€97,546▲ 157%
Other operating income74€44,376€30,416€27,707€24,335€98,158▲ 303%
Non-recurring operating income76A-€3,000€22,397€0€7,306-
Operating charges60/66A€18.3m€20.9m€17.8m€17.0m€23.0m▲ 35.1%
Goods for resale, raw materials and consumables60€12.2m€14.7m€11.4m€10.6m€13.4m▲ 26.6%
Purchases600/8€12.3m€14.7m€11.4m€10.6m€13.3m▲ 25.4%
Change in stocks: decrease (increase)609-€39,646-€28,950€19,510€561€136,586▲ 24,250%
Services and other goods61€3.3m€3.0m€3.3m€2.9m€3.9m▲ 32.8%
Remuneration, social security and pensions62€2.1m€2.4m€2.6m€2.8m€2.9m▲ 3.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€624,249€591,065€444,132€547,937€794,856▲ 45.1%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0€155,309€23,858-€65,376€3,492▲ 105%
Provisions for liabilities and charges: additions (uses and reversals)635/8€0-----
Other operating charges640/8€45,313€11,614€16,436€101,277€20,091▼ 80.2%
Non-recurring operating charges66A€1,209€0-€79,714€1.9m▲ 2,344%
Operating profit (loss)9901€1.2m€1.4m€2.4m€1.7m-€733,594▼ 144%
Financial income75/76B€297,776€407,804€365,860€336,337€71,430▼ 78.8%
Recurring financial income75€297,776€407,804€365,860€336,337€71,430▼ 78.8%
Income from financial fixed assets750---€59,694€0▼ 100%
Income from current assets751-€23,928€67,644€50€32▼ 34.9%
Other financial income752/9€297,776€383,876€298,216€276,593€71,397▼ 74.2%
Financial charges65/66B€64,521€67,713€122,543€248,994€480,111▲ 92.8%
Recurring financial charges65€64,521€67,713€122,543€248,994€420,416▲ 68.8%
Debt charges650€9,287€12,022€69,782€198,279€359,813▲ 81.5%
Other financial charges652/9€55,235€55,692€52,761€50,715€60,604▲ 19.5%
Non-recurring financial charges66B----€59,694-
Profit (loss) for the period before taxes9903€1.4m€1.8m€2.7m€1.8m-€1.1m▼ 165%
Transfer from deferred taxes780€1,384€1,423€0€1,239€689▼ 44.4%
Transfer to deferred taxes680€0€750€1,303€0--
Income taxes67/77€409,257€448,105€691,753€482,201-€9,007▼ 102%
Taxes670/3€409,257€487,000€691,753€485,000€1,382▼ 99.7%
Tax adjustments and reversals of tax provisions77-€38,895€0€2,799€10,389▲ 271%
Profit (loss) for the period9904€1.0m€1.3m€2.0m€1.3m-€1.1m▼ 189%
Transfer from tax-exempt reserves789€3,071€4,228€0€4,624€2,607▼ 43.6%
Transfer to tax-exempt reserves689€0€2,250€6,161€0€5,222-
Profit (loss) for the period to be appropriated9905€1.0m€1.3m€2.0m€1.3m-€1.1m▼ 189%
Line20212022202320242025Change
Assets
Total assets20/58€5.6m€6.8m€5.7m€13.6m€15.5m▲ 13.9%
Fixed assets21/28€1.4m€1.0m€2.8m€12.6m€10.9m▼ 13.9%
Intangible fixed assets21€130,933€70,530€48,015€222,335€591,574▲ 166%
Tangible fixed assets22/27€1.2m€944,471€2.8m€7.5m€7.0m▼ 5.6%
Land and buildings22€0-----
Plant, machinery and equipment23€805,254€611,174€640,630€7.2m€6.8m▼ 5.6%
Furniture and vehicles24€292,057€220,088€206,832€136,850€57,364▼ 58.1%
Other tangible fixed assets26€131,851€113,209€138,451€131,052€191,325▲ 46.0%
Assets under construction and advance payments27--€1.8m€0--
Financial fixed assets28€4,018€4,018€224€5.0m€3.3m▼ 34.3%
Affiliated companies280/1---€5.0m€3.3m▼ 34.3%
Participating interests280---€3.7m€3.3m▼ 11.0%
Amounts receivable281---€1.3m€0▼ 100%
Other financial fixed assets284/8€4,018€4,018€224€224€224=
Amounts receivable and cash guarantees285/8€4,018€4,018€224€224€224=
Current assets29/58€4.3m€5.7m€2.8m€1.0m€4.7m▲ 361%
Stocks and contracts in progress3€660,284€635,359€504,901€542,266€655,579▲ 20.9%
Stocks30/36€660,284€635,359€504,901€542,266€655,579▲ 20.9%
Raw materials and consumables30/31€174,182€203,132€183,623€183,062€198,829▲ 8.6%
Finished goods33€486,102€432,227€321,279€359,204€456,750▲ 27.2%
Goods purchased for resale34€0-----
Amounts receivable within one year40/41€2.8m€4.3m€2.1m€34,025€2.6m▲ 7,497%
Trade receivables40€2.8m€1.9m€1.2m€34,025€2.6m▲ 7,497%
Other amounts receivable41€71,761€2.5m€907,581€0--
Cash at bank and in hand54/58€761,154€746,894€237,803€360,175€1.4m▲ 289%
Deferred charges and accrued income490/1€5,281€12,230€14,990€72,822€14,077▼ 80.7%
Equity and liabilities
Total equity and liabilities10/49€5.6m€6.8m€5.7m€13.6m€15.5m▲ 13.9%
Equity10/15€3.6m€1.9m€3.0m€4.2m€3.1m▼ 26.7%
Contributions10/11€742,736€742,736€742,736€742,736€742,736=
Capital10€742,736€742,736€742,736€742,736€742,736=
Issued capital100€742,736€742,736€742,736€742,736€742,736=
Reserves13€138,334€136,357€142,517€137,894€140,509▲ 1.9%
Non-distributable reserves130/1€74,274€74,274€74,274€74,274€74,274=
Legal reserve130€74,274€74,274€74,274€74,274€74,274=
Tax-exempt reserves132€64,061€62,083€68,244€63,620€66,235▲ 4.1%
Profit (loss) carried forward14€2.7m€1.0m€2.1m€3.4m€2.2m▼ 33.8%
Provisions and deferred taxes16€2,527€1,854€3,157€1,918€1,228▼ 35.9%
Deferred taxes168€2,527€1,854€3,157€1,918€1,228▼ 35.9%
Amounts payable17/49€2.1m€4.9m€2.7m€9.4m€12.4m▲ 32.2%
Amounts payable after more than one year17€0-----
Financial debts170/4€0-----
Credit institutions173€0-----
Amounts payable within one year42/48€2.1m€4.9m€2.7m€9.4m€12.4m▲ 32.4%
Current portion of amounts payable after more than one year42€0-----
Financial debts43€100,167€0-€1.7m€0▼ 100%
Credit institutions430/8€100,167€0-€1.7m€0▼ 100%
Trade debts44€810,060€728,296€1.1m€1.5m€4.5m▲ 204%
Suppliers440/4€810,060€728,296€1.1m€1.5m€4.5m▲ 204%
Advances received on contracts in progress46€34,662€16,090€17,663€17,984€29,237▲ 62.6%
Taxes, remuneration and social security45€600,231€587,710€644,133€941,980€836,181▼ 11.2%
Taxes450/3€388,621€347,682€402,660€726,346€598,241▼ 17.6%
Remuneration and social security454/9€211,610€240,028€241,472€215,635€237,940▲ 10.3%
Other amounts payable47/48€505,355€3.5m€910,000€5.3m€7.0m▲ 33.9%
Accrued charges and deferred income492/3€4,750€2,533€3,000€13,000€5,000▼ 61.5%
Line20212022202320242025Change
Profit (loss) for the period9904€1.0m€1.3m€2.0m€1.3m-€1.1m▼ 189%
+ Depreciation and write-downs630€624,249€591,065€444,132€547,937€794,856▲ 45.1%
Operating cash flow (approximation)€1.7m€1.9m€2.4m€1.8m-€337,724▼ 119%
Investment in fixed assets (approximation)--€245,971-€2.3m-€10.3m€955,004▲ 109%
Change in cash--€14,261-€509,091€122,372€1.0m▲ 749%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
07-08
State Gazette act Capital & shares · Statutes amendment
Auditor report · Capital increase · Capital contribution13 facts ▸
  • General meeting, 22-07-2026
  • Other statement, EERSTEBESLISSING:kennisnameverslagen, beraadslaging-beslissingen
  • Auditor report, commissaris, Oudsbergen
  • Other statement, inbrenginnatura:geenbevindingenmaterieelbelang, ontwerpbijzonderverslagbestuursorgaan
  • Other statement, conclusiewaarderingenuitgifteprijs, voorlichtingalgemenevergaderingdiemoetstemmen
  • Other statement, nofairnessopinionenlaattijdigheid, stukkenniettenminsteéénmaandvoorafoverhandigd,geenovermaking15dagenvooraf
  • Other statement, artikel7:179en7:197WVV, enkelkaderinbrenginnaturaCORPACK
  • Capital increase, €1.368.014,08
  • Capital contribution, €1.368.014,08
  • Other statement, VIERDEBESLISSING:vaststellingverwezenlijkingkapitaalverhoging
  • Statutes amendment, 5
  • Other statement, ZESDEBESLISSING:volmachtvoorcoördinatie
  • +1 further facts in this act
13-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema
24-03
State Gazette act Capital & shares · Resignations & appointments · Restructuring
Permanent representative: DE QUINNEMAR Cédric · Merger · Accounting effect6 facts ▸
  • General meeting, 27/01/2026
  • Merger, absorption, no new shares
  • Accounting effect, 01/01/2026
  • Permanent representative, DE QUINNEMAR Cédric
  • Power of attorney, Wout Hooyberghs
  • Power of attorney, Ad-ministerie BV
2025
31-12
Financial Weakest financial yearnet -€1.1m
Net result drops to -€1.1m, the lowest in the series.
10-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
07-06
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial Highest result since 2018net €2.0m ▲48.4%
Operating result €2.4m, net result €2.0m, both a record.
31-12
Financial Equity above €2mEq €3.0m ▲56%
6 profitable years in a row build equity to €3.0m.
25-04
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
28-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
22-07
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial Equity above €2mEq €2.5m ▲56.4%
3 profitable years in a row build equity to €2.5m.
Show earlier events
14-07
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
24-07
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
30-07
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
18-07
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
2 of 19 acts read
About the unread acts

Of the 19 Belgian State Gazette acts we know for this company, 2 have been read. The other 17 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
19 acts for this company are in the Belgian State Gazette, of which we have read 2. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Beveren-Kruibeke-Zwijndrecht · 2 establishment units since 1994
seat establishment All 2 establishment units on the map
Ground area
2.8 ha
Building footprint
8,442 m²
Volume, LiDAR
51,834 m³
2 parcels, Flanders · tallest building 40.5 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
CORPACK
Doornpark(BEV) 20, 9120 Beveren-Kruibeke-ZwijndrechtNACE 2112202
since 19942.067.572.420
Tweemontstraat 66-70, 2100 Antwerpen
Manufacture of paper and paper products
since 20262.388.702.895
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11012A0127/00E012 Flanders 1.5 ha 1 · 1,114 m² 9.1 m · 3 fl.
46503C1300/00A000 Flanders 1.3 ha 1 · 7,328 m² 40.5 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Articles of association

Other statement
2 provisions in the deed

Structure & network

Part of the group FORESCO 21 companies Group, risk and exposure

Owners and holdings

1 owner · 1 holding

Chain of control

  1. FORESCO 95%
  2. FORESCO GROUP 100%
  3. Foresco BE 100%
  4. CORPACK

Highest known parent: FORESCO. The sources do not say who stands above it.

Owners 1

Holdings 1

According to the 2025 annual accounts of CORPACK and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Acquisitions and mergers

1 transaction
Took over:BOXDESIGN
merger by absorption · State Gazette act of 24-03-2026

Capital and shareholders

Capital over the years
  1. 07-08-2026 Capital increase of 1,368,014.08 EUR · to 2,110,750.19 EUR · 1,105 new shares · inbrengdoorenigeaandeelhoudervanzekere,vaststaandeenopeisbareschuldvorderingtenlasteVennootschap

Public money · subsidies and aid

Flemish government

2022 to 2025 · 2 entries · 732 EUR awarded · 732 EUR paid
Year Entries awardedpaid
2025 1 292 EUR292 EUR
2022 1 440 EUR440 EUR
Schemes
2 entries · 732 EUR · 732 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Food safety, FASFC

1 site
Beveren-Kruibeke-Zwijndrecht2.067.572.420
1 permission
Fabrikant verpakkingsmateriaal · since 07-08-2025

Similar companies · same sector, comparable size

Of 190 companies in sector 17210 we hold annual accounts for 155. 104 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded29-06-1994
Fiscal year end31-12
Activities, NACEBEL 2025
17210Manufacture of paper and paper products
E-invoicing
Reachable via Peppol
Peppol ID 0208:0452991978
Registered 27-03-2026

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.