CREA PACK
ActiveFrom the official registers: KBO 39 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
CREA PACK has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.8m and a net result of €312,923. Equity has been growing by about 11% per year since 2018. Its solvency ranks better than 50% of 95 sector peers (NACE 17, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Official details
KBO- Status
- Active since 17-03-1988 Normal situation
- Activity
- Manufacture of paper and paper products NACE 17210and 1 other
- Establishment unit
- 2.038.030.574 8710 Wielsbeke, since 18-05-1988
- Financial year end
- 31 December
- Peppol
- Reachable since 30-06-2025
Board and ownership
- BellRockManaging director · permanent representative Didier LEFEVERE
- Marieke LANNOODirector · since 22-12-2023
- Auditor
- VGD Bedrijfsrevisoren
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €2.7m
- ▼ 1.5%
- Turnover
- ≈ €4.6m
- estimated
- Profit
- €312,923
- ▼ 8.0%
- Equity
- €1.8m
- ▲ 0.2%
- Total assets
- €3.7m
- ▼ 8.2%
- Staff
- 29.5 FTE
- ▼ 2.0%
Score breakdownraises riskLast filed accounts filed 38 days late; 2 of the last 3 accounts latelowers riskLiquidity: current ratio 1.66, cash €1.2mFounded in 1988Size: 29.5 FTE, total assets €3.7mShow the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 46% of them on solvency, 81% on liquidity, 77% on profitability and 32% on growth.
The bankruptcy probability was computed on 31-10-2026 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
The company filed its last 7 accounts on average 30 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)
Key points
Comparable companies
These companies have the same main activity as CREA PACK: manufacture of paper and paper products (NACE 17210). They are comparable in size and age: total assets between €2.9m and €7.8m, founded between 1976 and 1995.
| Company | Total assets | Gross margin |
|---|---|---|
| CREA PACK Wielsbeke | €3.7m | €2.7m |
| ROTOLUX Anzegem | €2.9m | €2.2m |
| Daniel LAMBRECHT Deerlijk | €5.3m | €2.2m |
| GROUPE TREHOUT PLV Estaimpuis | €4.7m | €4.7m |
| VERPAKKINGEN DONCKERS Lier | €5.8m | €1.6m |
| Belgian Paper Convertors Sint-Katelijne-Waver | €3.9m | €1.5m |
| KARTONNAGE JOYE Ronse | €7.8m | €2.9m |
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 07-09-2026
- Annual accounts 2024filed on 04-09-2025
- Annual accounts 2024filed on 13-06-2025
- Annual accounts 2023filed on 19-06-2024
Acts in the Belgian Official Gazette
- Registered office · Resignations & appointmentsact of 24-07-2024
- Resignations & appointmentsact of 21-03-2024
- Resignations & appointmentsact of 10-07-2023
- Resignations & appointmentsact of 27-06-2022
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
Key facts about CREA PACK
- What is the company number of CREA PACK?
- The company number of CREA PACK is 0433.665.521. The VAT number is the same number with BE in front: BE 0433.665.521.
- Where is CREA PACK based?
- The registered office is at Driekoningenstraat(S.B.V.) 7, 8710 Wielsbeke.Company details
- What does CREA PACK do?
- According to the KBO register, the main activity is manufacture of paper and paper products (NACE 17210).
- What is the legal form of CREA PACK?
- The legal form of CREA PACK is Public limited company (NV).
- When was CREA PACK founded?
- CREA PACK was founded on 17-03-1988.
- Is CREA PACK still active?
- Yes, CREA PACK is an active enterprise in the KBO register.
- How many employees does CREA PACK have?
- CREA PACK had an average of 29.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of CREA PACK?
- The turnover in financial year 2025 is ≈ €4.6m. This figure is estimated from the gross margin of €2.7m and 1,586 comparable companies of the same size. It probably lies between €3.1m and €7.6m. It is a rough estimate.
- Is CREA PACK profitable?
- In financial year 2025, CREA PACK made a profit of €312,923.
- Where can I find the annual accounts of CREA PACK?
- CREA PACK filed 39 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
- When are the next annual accounts of CREA PACK due?
- CREA PACK must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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