DIMPACK
Bankruptcy closedInactive since 14-10-2026. The last annual accounts are for financial year 2023.
Summary
DIMPACK was declared bankrupt on 18-02-2025 (Ondernemingsrechtbank Gent, afdeling Kortrijk). The bankruptcy was closed by liquidation by judgment of 13-10-2026, published in the Belgian Official Gazette on 19-10-2026.
Overview
Overview
Official details
Source: KBO- Status
- Open bankruptcy
- Legal form
- Private limited company
- Activity
- “Een werkplaats voor het typografisch zetten en drukken,de fabricatie van inpakpapier,karton en plastiek,de groot-en…” (deed in Dutch)From the articles, 10 activitiesNo NACE code in the KBO yet
- Joint committees
- 222 Paritair Comité voor de bedienden van de papier- en kartonbewerking
- 136 Paritair Comité voor de papier- en kartonbewerking · annual accounts 2023
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Board and ownership
Board
- Euro Flanders LogisticsDirector · permanent representative DEMASURE Kurt
Shareholders
- Euro Flanders Logistics77.73%· score 492024 annual accounts of Euro Flanders Logistics
Financial position
No score
Annual accounts 2023
- Gross margin
- €41,933
- ▼ 76.4%
- Turnover
- ≈ €150,000
- estimated
- Loss
- €188,184
- Equity
- €83,530
- ▼ 69.3%
- Total assets
- €1.2m
- ▲ 3.0%
- Employees on 31-12-2023
- 3
- ▼ 25.0%
Financials
Financials · financial year 2023, abbreviated format
2023 annual accounts filed 68 days after the deadline Filed on 7 October 2024, deadline 31 July 2024 (7 months after the close on 31 December 2023, Companies Code art. 3:10). Source: NBB, 2024-00496601.
Annual accounts 2023 filed on 07-10-2024 PDF all 12 filings
Turnover
≈ €150,000
Estimated: probably between €79,000 and €280,000
Total assets
€1.2m▲ 3.0%
2022 · €1.1m
Net result
-€188,184
2022 · €4,452
Working capital
€37,916▼ 81.4%
2022 · €203,844
Multi-year overview
2018 to 2023, 6 financial yearsOperating result
-€159,863
2023
20182023
Net result
-€188,184
2023
20182023
Equity
€83,530
▼ 69.3%
2023
20182023
Total assets
€1.2m
▲ 3.0%
2023
20182023
Debt
€1.1m
▲ 26.3%
2023
20182023
Working capital
€37,916
▼ 81.4%
2023
20182023
Staff (FTE)
3.1
▲ 3.3%
2023
20182023
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line201820192020202120222023
Operating result€0.04m--€0.04m-€0.02m▲ 45.0%€0.07m€0.03m▼ 55.3%-€0.2m
Net result€0.02m--€0.05m-€0.04m▲ 30.1%€0.04m€0.004m▼ 88.6%-€0.2m
Equity€0.3m-€0.3m▼ 16.1%€0.2m▼ 13.4%€0.3m▲ 17.2%€0.3m▲ 1.7%€0.08m▼ 69.3%
Total assets€0.9m-€1.0m▲ 4.2%€1.2m▲ 18.8%€1.2m▲ 0.8%€1.1m▼ 4.9%€1.2m▲ 3.0%
Debt€0.6m-€0.7m▲ 14.3%€0.9m▲ 30.6%€0.9m▼ 3.2%€0.8m▼ 6.8%€1.1m▲ 26.3%
Working capital€0.2m-€0.2m▼ 23.7%€0.1m▼ 17.6%€0.3m▲ 98.4%€0.2m▼ 23.1%€0.04m▼ 81.4%
Staff (FTE)5.3-5.6▲ 5.7%4.4▼ 21.4%3.4▼ 22.7%3▼ 11.8%3.1▲ 3.3%
The operating result for 2023 is a loss of €159,863, after a profit of €32,684 in 2022. It is the lowest result since 2019.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €1.2m
Fixed assets
€209,574 ▼ 10.8%
Current assets
€940,925 ▲ 6.7%
Equity and liabilities €1.2m
Equity
€83,530 ▼ 69.3%
Debt
€1.1m ▲ 26.3%
Debt's share of the balance-sheet total rises from 75.7% to 92.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€113,757▼
2022 · €75,310
Cash flow
-€142,077▼
2022 · €47,078
Current ratio
1.04▼
2022 · 1.30
Quick ratio
0.20▲
2022 · 0.18
Debt to equity
12.77▲
2022 · 3.11
ROE
-225.3%▼
2022 · 1.6%
ROA
-16.4%▼
2022 · 0.4%
Interest coverage
-4.06▼
2022 · 2.65
Debt ≤ 1 year
€903,009▲
2022 · €678,051
Debt > 1 year
€163,960▼
2022 · €167,061
Income taxes
€343
Staff costs
€140,513▲
2022 · €88,723
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 |
|---|---|---|---|
| Employees at the balance-sheet date | 3 | 4 | 3 |
| full-time | 3 | 3 | 3 |
| part-time | 0 | 1 | 0 |
| in full-time equivalents | 3 | 3.5 | 3 |
| Average over the year, in full-time equivalents | 3.4 | 3 | 3.1 |
| On a permanent contract | 3 | 4 | 3 |
| Joined | 2 | 3 | 0 |
| Left | 3 | 2 | 1 |
Source: social balance sheet in the 2021 to 2023 annual accounts
Investments
| Item | 2021 | 2022 | 2023 |
|---|---|---|---|
| Tangible fixed assets | €13,927 | €16,680 | €20,750 |
| Depreciation and write-downs of the year | €65,020 | €42,626 | €46,107 |
Source: notes to the 2021 to 2023 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €2,660 | €0 | - | - |
| Remuneration, social security and pensions62 | - | - | - | €99,835 | €88,723 | €140,513 | ▲ 58.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €54,885 | €61,961 | €71,755 | €65,020 | €42,626 | €46,107 | ▲ 8.2% |
| Other operating charges640/8 | - | - | - | €2,858 | €13,481 | €15,176 | ▲ 12.6% |
| Gross operating margin9900 | €283,399 | €177,458 | €166,940 | €240,890 | €177,514 | €41,933 | ▼ 76.4% |
| Operating profit (loss)9901 | €42,999 | -€37,677 | -€20,707 | €73,177 | €32,684 | -€159,863 | - |
| Financial income75/76B | - | - | - | €1,218 | €145 | €65 | ▼ 55.0% |
| Recurring financial income75 | €192 | €520 | €122 | €1,218 | €145 | €65 | ▼ 55.0% |
| Financial charges65/66B | - | - | - | €35,181 | €28,378 | €28,043 | ▼ 1.2% |
| Recurring financial charges65 | €17,678 | €13,206 | €14,825 | €35,181 | €28,378 | €28,043 | ▼ 1.2% |
| Profit (loss) for the period before taxes9903 | €25,513 | -€50,363 | -€35,410 | €39,214 | €4,452 | -€187,841 | - |
| Income taxes67/77 | €5,530 | €312 | €0 | - | - | €343 | - |
| Profit (loss) for the period9904 | €19,983 | -€50,675 | -€35,410 | €39,214 | €4,452 | -€188,184 | - |
| Profit (loss) for the period to be appropriated9905 | €19,983 | -€50,675 | -€35,410 | €39,214 | €4,452 | -€188,184 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €0.9m | €1.0m | €1.2m | €1.2m | €1.1m | €1.2m | ▲ 3.0% |
| Fixed assets21/28 | €0.2m | €0.2m | €0.3m | €0.3m | €0.2m | €0.2m | ▼ 10.8% |
| Intangible fixed assets21 | €0.004m | €0.002m | €0.001m | €0 | - | - | - |
| Tangible fixed assets22/27 | €0.2m | €0.2m | €0.3m | €0.3m | €0.2m | €0.2m | ▼ 10.8% |
| Plant, machinery and equipment23 | - | - | - | €0.1m | €0.1m | €0.1m | ▼ 9.0% |
| Furniture and vehicles24 | - | - | - | €0.007m | €0.006m | €0.006m | ▼ 1.2% |
| Leasing and similar rights25 | - | - | - | €0.1m | €0.1m | €0.08m | ▼ 13.8% |
| Other tangible fixed assets26 | - | - | - | €0 | - | - | - |
| Financial fixed assets28 | €82 | €82 | €0 | - | - | - | - |
| Current assets29/58 | €0.7m | €0.8m | €0.8m | €0.9m | €0.9m | €0.9m | ▲ 6.7% |
| Stocks and contracts in progress3 | €0.5m | €0.5m | €0.7m | €0.7m | €0.8m | €0.8m | ▲ 0.5% |
| Stocks30/36 | - | - | - | €0.7m | €0.8m | €0.8m | ▲ 0.5% |
| Amounts receivable within one year40/41 | €0.2m | €0.2m | €0.1m | €0.1m | €0.1m | €0.2m | ▲ 42.5% |
| Trade receivables40 | - | - | - | €0.1m | €0.1m | €0.2m | ▲ 44.8% |
| Other amounts receivable41 | - | - | - | €0.02m | €0.006m | €0.006m | = |
| Cash at bank and in hand54/58 | €0.04m | €0.05m | €0.03m | €0.03m | €0.005m | €0.009m | ▲ 96.5% |
| Deferred charges and accrued income490/1 | - | - | - | €0.002m | €0.002m | €0.003m | ▲ 51.7% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €0.9m | €1.0m | €1.2m | €1.2m | €1.1m | €1.2m | ▲ 3.0% |
| Equity10/15 | €0.3m | €0.3m | €0.2m | €0.3m | €0.3m | €0.08m | ▼ 69.3% |
| Contributions10/11 | €0.2m | €0.2m | - | €0.2m | €0.2m | €0.2m | = |
| Reserves13 | €0.09m | €0.04m | €0.004m | €0.04m | €0.05m | €0 | ▼ 100% |
| Non-distributable reserves130/1 | - | - | - | €0.004m | €0.004m | €0 | ▼ 100% |
| Reserves not available under the articles1311 | - | - | - | €0.004m | €0.004m | €0 | ▼ 100% |
| Distributable reserves133 | - | - | - | €0.04m | €0.04m | €0 | ▼ 100% |
| Profit (loss) carried forward14 | - | - | -€0.001m | €0 | - | -€0.1m | - |
| Amounts payable17/49 | €0.6m | €0.7m | €0.9m | €0.9m | €0.8m | €1.1m | ▲ 26.3% |
| Amounts payable after more than one year17 | €0.1m | €0.1m | €0.2m | €0.3m | €0.2m | €0.2m | ▼ 1.9% |
| Financial debts170/4 | - | - | - | €0.3m | €0.2m | €0.2m | ▼ 1.9% |
| Amounts payable within one year42/48 | €0.5m | €0.6m | €0.7m | €0.6m | €0.7m | €0.9m | ▲ 33.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.1m | €0.1m | €0.1m | ▲ 20.1% |
| Financial debts43 | - | - | - | €0.3m | €0.3m | €0.4m | ▲ 34.1% |
| Credit institutions430/8 | - | - | - | €0.3m | €0.3m | €0.4m | ▲ 34.1% |
| Trade debts44 | €0.2m | €0.2m | €0.1m | €0.2m | €0.1m | €0.3m | ▲ 91.1% |
| Suppliers440/4 | - | - | - | €0.2m | €0.1m | €0.3m | ▲ 91.1% |
| Taxes, remuneration and social security45 | - | - | - | €0.06m | €0.07m | €0.06m | ▼ 20.7% |
| Taxes450/3 | - | - | - | €0.04m | €0.05m | €0.03m | ▼ 35.1% |
| Remuneration and social security454/9 | - | - | - | €0.02m | €0.02m | €0.02m | ▲ 16.1% |
| Other amounts payable47/48 | - | - | - | - | €0.04m | €0.02m | ▼ 49.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €19,983 | -€50,675 | -€35,410 | €39,214 | €4,452 | -€188,184 | - |
| + Depreciation and write-downs630 | €54,885 | €61,961 | €71,755 | €65,020 | €42,626 | €46,107 | ▲ 8.2% |
| Operating cash flow (approximation) | €74,868 | €11,286 | €36,345 | €104,234 | €47,078 | -€142,077 | - |
| Investment in fixed assets (approximation) | - | -€21,833 | -€180,137 | -€8,087 | -€16,680 | -€20,750 | ▼ 24.4% |
| Change in cash | - | €13,530 | -€19,680 | -€6,995 | -€22,462 | €4,433 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 12 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2023 | abbreviated format | 07-10-2024 | 2024-00496601 | |
| 31-12-2022 | abbreviated format | 09-10-2023 | 2023-00480933 | |
| 31-12-2021 | abbreviated format | 18-10-2022 | 2022-20466905 | |
| 31-12-2020 | abbreviated format | 28-10-2021 | 2021-74100220 | |
| 31-12-2019 | abbreviated format | 30-11-2020 | 2020-73400011 | |
| 31-12-2018 | abbreviated format | 30-09-2019 | 2019-66500262 | |
| 31-12-2017 | abbreviated format | 27-09-2018 | 2018-64900477 | |
| 31-12-2016 | micro format | 30-08-2017 | 2017-54200418 | |
| 31-12-2015 | abbreviated format | 31-08-2016 | 2016-58100208 | |
| 31-12-2014 | abbreviated format | 26-06-2015 | 2015-23200284 |
Board & ownership
Directors
Directors
1 director, last change in 2024
Board 1
Euro Flanders Logistics
Current
Director · appointed in the act of 08-02-2024 · earlier manager, until 08-02-2024 · term without a fixed end · Private limited company · permanent representative: DEMASURE Kurt · listed in the 2023 annual accounts, filed on 07-10-2024
Permanent representatives 1
DEMASURE Kurt
Current
Permanent representative · appointed in the act of 08-02-2024 · for Euro Flanders Logistics
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Trustee | Dries Lauwers Bornstraat 44, 8800 Roeselare |
18-02-2025 → 13-10-2026 |
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 08-02-2024Owners and capital
Shareholders
1 ownerChain of control
- Euro Flanders Logistics
- DIMPACK
Owners 1
- Euro Flanders LogisticsparentEquity €50,418 Profit of €3,501 in 2024 (profit of €6,627 in 2023) Checked score 4977.73%
Capital transactions
Capital over time
- 08-02-2024 Converted to unavailable equity
Mandate history
1 person, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Euro Flanders Logistics |
|
Network & group
Connections & network
1 current directorThe board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.
This company
Company
Director
Shareholding
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Timeline
Acts, filings and financial milestones
2026
19-10
Bankruptcy
Bankruptcy closure (by liquidation)
Enterprise Court of Ghent, Kortrijk division · judgment of 13-10-2026
2025
26-02
Bankruptcy
Bankruptcy declared
Enterprise Court of Ghent, Kortrijk division · judgment of 18-02-2025
2024
07-10
abbreviated format · 68 days late
08-02
Gazette deed
Change of role: EURO FLANDERS LOGISTICS, from manager to directorPermanent representative: DEMASURE Kurt · Capital conversion · Amendment of the articles11 points ▸
Gazette deed
Change of role: EURO FLANDERS LOGISTICS, from manager to director
Permanent representative: DEMASURE Kurt · Capital conversion · Amendment of the articles11 points ▸
- General meeting, 30-11-2023
- Other provision, “aanpassing statuten aan WVV, behoud rechtsvorm besloten vennootschap,afgekort BV” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Amendment of the articles
- Kind of shares, “ieder aandeel geeft gelijk recht in winstverdeling en vereffeningsaldo”, 2250 (deed in Dutch)
- Director resignation, EURO FLANDERS LOGISTICS (manager)
- Director discharge, EURO FLANDERS LOGISTICS
- Director appointment, EURO FLANDERS LOGISTICS (director)
- Permanent representative, DEMASURE Kurt
- Registered office clause, “Vlaams Gewest, Beverenstraat 33,8540 Deerlijk” (deed in Dutch)
- Power of attorney, EURO FLANDERS LOGISTICS
2023
31-12
Financial
Weakest financial yearnet -€188,184
The net result drops to -€188,184, the lowest from 2018 to 2023.
09-10
abbreviated format · 70 days late
2022
18-10
abbreviated format · 79 days late
2021
31-12
Financial
Back to profitnet €39,214
The net result is €39,214, after 2 loss-making years.
28-10
abbreviated format · 89 days late
2020
30-11
abbreviated format · 122 days late
2019
30-09
abbreviated format · 61 days late
2018
27-09
abbreviated format · 58 days late
Show earlier events
2017
30-08
micro format · 30 days late
2016
31-08
abbreviated format · 31 days late
2015
26-06
abbreviated format · 35 days before the deadline
2011
19-05
7 publications in the Belgian Official Gazette, the last on 08-02-2024
SignalFinancial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Inactive
Inactive since October 2026
DIMPACK has not been in the KBO register since 14 October 2026.
- Status
- Inactiveout of the register since 14 October 2026
- Reason
- Opening faillissement
- Last annual accounts
- financial year to 31 December 2023
- Last registered office
- Beverenstraat 33, 8540 Deerlijkas published on 8 February 2024
- Legal form
- Private limited company
- Active since
- 17 May 2011
Purpose, financial year and meetings according to the articles of association
Name, seat, purpose and duration
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Een werkplaats voor het typografisch zetten en drukken,de fabricatie van inpakpapier,karton en plastiek,de groot-en kleinhandel in…”
10 activities
- Een werkplaats voor het typografisch zetten en drukken,de fabricatie van inpakpapier,karton en plastiek,de groot-en kleinhandel in papierwaren en de in-en uitvoer ervan samen met alle toebehoren.
- De groot-en kleinhandel in verpakking,verpakken en vervoeren van voedingswaren.
- De aankoop en de verwerving van onroerende goederen en de oprichting van gebouwen met het oog op verhuring.
- Het beheren van een onroerend patrimonium,inzonderheid participatie,in allerhande vennootschappen en/of ondernemingen,het stellen van zakelijke of persoonlijke waarborgen in het voordeel van derden,het besturen van vennootschappen,het verstrekken van dienstprestaties inzake boekhouding,fiscaliteit,sociale wetgeving en algemeen bedrijfsbeheer,zowel op gebied van administratie,productie als van verkoop.
- De conceptie en realisatie van projecten,zowel in binnenland als in buitenland,van allerlei aard,zoals administratieve,organisatorische,financiële,juridische,planografische of technische aard van alle aanverwante vraagstukken,deze problemen ten uitvoer brengen in eigen beheer of in medebeheer,voor eigen rekening of rekening van derden.
- De vennootschap kan ook gebouwen,materieel,lokalen,rollend materieel,meubelen,producten en communicatiemedia ter beschikking stellen of verhuren.
- Tenslotte kan de vennootschap optreden als import/export bedrijf in het algemeen.
- In het algemeen zal zij alle commerciële,industriële,financiële,roerende en onroerende handelingen mogen verrichten die rechtstreeks of onrechtstreeks verband houden met haar voorwerp of die van aard zouden zijn de verwezenlijking ervan te vergemakkelijken.
- Zij kan ook functies van zaakvoerder,bestuurder of vereffenaar van andere vennootschappen uitoefenen.
- De vennootschap mag op welke wijze ook betrokken zijn in vennootschappen die hetzelfde,een soortgelijk of een gelijkaardig voorwerp nastreven,of de ontwikkeling ervan kunnen bevorderen.
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest, Artikel 2”
General meeting and financial year
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Thursday of June at 10:00
Articles of association, deed of 08-02-2024 (in Dutch)
Sites & property
Location
Buildings and parcels at the address
Ground area
4,575 m²
Building footprint
14 m²
Building volume
42 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 34009A0095/00G003 | Flanders | 4,575 m² | 1 · 14 m² | 6.9 m · 1 |