Equity
€30.3m from €58.1m in 2021
Equity fell by 48% in 4 years.
Ekopak
Part of the group
98 companies in 11 countries
Lifetime
19 annual accounts with figures on one time axis, 27 filings since 1998peak €2.5m (2019)
-not published
lowest -€18.2m (2025)
-€18.2m▼ €1.2m
peak €58.1m (2021)
€30.3m▼ 8.2%
€84.0m▲ 1.7%
peak 121.5 FTE (2025)
121.5 FTE▲ 6.8%
Board16 names since 2019all names
7 directors and 6 others
Owners3 names in the annual accounts
57.64% and 1 other
Documentsfilings and deeds
19-05-202673 days before the deadline
2025financial year
Loss of €18.2m1 director appointed, 1 statutory auditor appointed, 2 resign… 17-10Permanent representatives: , and 10-10Capital increase of €1,205,356.95 to €7,876,445.85 28-05Resignation: (director) 21-032 establishments registered
Key points
from the 2025 annual accountsLosses
-€47.5m in six years
Every financial year from 2020 to 2025 closed with a loss. 2025 was the heaviest.
Debts
€84.0m 73% of the balance sheet
Financial debts 72%Suppliers 9%Taxes and wages 2%Other 17%
€34.1m of the debts are secured on the company's own assets. In 2021 that was €2.6m.
Investments
€31.3m 7.0 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 119.2% higher than in 2024.
Payment terms
136 days to suppliers
Ekopak pays its suppliers 32 days earlier than in 2024. Customers pay 42 days earlier.
Position in the sector
-€18.2m
Lower net result than 95% of companies in machinery and equipment. Sector median €357,941 · 214 companies.
Standalone figures, without subsidiaries
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,613 companies had the same profile as Ekopak has now. Each dot stands for 5 companies, two years later.
88.7%
were still trading
6.9%
stopped another way
4.1%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,613 companies, not a prediction for Ekopak. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Daily manager,
Director,
Director,
Director, , since 13-05-2025
Director,
Auditor
- 57.64%equity €965.2m (2025) · annual accounts 2025
- 25.5%equity €8.7m (2025) · annual accounts 2025
Shares in 7 companies, including and
Board & ownershipRecent changes
1 statutory auditor appointed
(statutory auditor) · Permanent representatives: , , and · Board meeting of 25-08-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0461377728
1 director appointed, 1 statutory auditor appointed, 2 resignations, 7 reappointments
Appointments: (independent director) and (statutory auditor) · Resignations: and (executive director) · Reappointments: , , , , , and 1 other · General meeting of 13-05-2025 · Gazette deed
Permanent representatives: , and
Board meeting of 15-09-2025 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Ekopak Deinze | €17.7m | -87.3% | 26.5% | 121.5 |
| DELTRIAN INTERNATIONAL Fleurus | €24.5m | -4.2% | 17.1% | 70.7 |
| TRISLOT Waregem | €18.6m | -4.9% | 59.0% | 98.9 |
| Merck Chemicals NV/SA Hoeilaart | €2.2m | -1.5% | 99.3% | 9.6 |
Grey: the largest companies of the sector (machinery and equipment (NACE 28)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as Ekopak: manufacture of machinery and equipment not elsewhere classified (NACE 28295). They are comparable in size and age: total assets between €13m and €72m, founded between 1971 and 1995.
Official details
Source: KBO- Status
- Active since 05-09-1997Normal situation
- Activity
- Manufacture of machinery and equipment not elsewhere classifiedNACE 28295and 11 others
- Joint committees
- 207White-collar workers in the chemical industry
- 116Chemical industry · annual accounts 2025
- Establishment units
- 2.327.938.9293600 Genk, since 01-01-2022
- 2.354.608.1879800 Deinze, since 01-01-2024and 3 others
- Financial year end
- 31 December
- Peppol
- Reachable since 27-10-2025
Annual accounts 2025
- €114.5m▼ 1.4%
- Employeeson 31-12-2025
- 118▼ 5.6%
- Filing
- Filed on 19-05-2026, 74 days before the end of the filing period
Companies linked to Ekopak
Subsidiaries and holdings
- 100%
- 51%
Insights on Ekopak
The annual accounts of Ekopak for financial year 2025 show a net loss of 55% of the equity at the start of that year. The 2025 annual accounts show equity of €30.3m and a net result of -€18.2m.
Equity grew by about 83% per year on average since 2018. In 2025 it fell by 8.2%. Its solvency ranks better than 30% of 214 sector peers (NACE 28, financial year 2025).
The company has been active since 1997 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Ekopak
- What is the company number of Ekopak?
- The company number of Ekopak is 0461.377.728. The VAT number is the same number with BE in front: BE 0461.377.728.
- Where is Ekopak based?
- The registered office is at Souverainestraat 13, 9800 Deinze.Company details
- What does Ekopak do?
- According to the KBO register, the main activity is manufacture of machinery and equipment not elsewhere classified (NACE 28295).
- What is the legal form of Ekopak?
- Ekopak is a public limited company (NV).
- When was Ekopak founded?
- Ekopak was founded on 05-09-1997.
- Is Ekopak still active?
- Yes, Ekopak is an active enterprise in the KBO register.
- How many employees does Ekopak have?
- Ekopak had an average of 121.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Ekopak fall under?
- In its 2025 annual accounts, Ekopak states joint committees 207 (White-collar workers in the chemical industry) and 116 (Chemical industry).
- What is the turnover of Ekopak?
- The turnover of Ekopak was €17.7m in financial year 2025, according to the filed annual accounts.
- Is Ekopak profitable?
- In financial year 2025, Ekopak made a loss of €18.2m.
- Where can I find the annual accounts of Ekopak?
- Ekopak filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Ekopak due?
- Ekopak 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 trust this company with building work.Contractor 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
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