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EXAM PACKAGING

Active Private limited companyfounded 1997active for 29 yearsRomeinsesteenweg 558, 1853 GrimbergenKBO/BCE: BE 0460.816.712 subsidiary of EXAM SERVICES#5 company by total assets in Grimbergen, Manufacturing sector

Lifetime

19 annual accounts with figures on one time axis, 28 filings since 1998
peak €3.2m (2024)
€3.2m▼ 1.1%
lowest -€196,586 (2013)
€1.2m▼ 13.1%
peak €2.5m (2021)
€2.3m▲ 33.4%
€2.4m▲ 41.6%
peak 21 FTE (2023)
18.1 FTE▼ 4.7%
Board1 name since 2022
Owners
  
Documentsfilings and deeds
06-01-202625 days before the deadline
2025abbreviated format
Dividend €600,000Equity from €1.8m to €2.3mDebts from €1.7m to €2.4mCash from €594,861 to €2.0m

Key points

from the 2025 annual accounts

Equity

€2.3m ▲ 33.4%
1.82024+1.2Profit-0.6Dividend2.32025

EXAM PACKAGING paid out €600,000 in dividends. That is 51% of the 2025 profit.

Turnover

≈ €5.4m estimated

The abbreviated format states no turnover.

Debts

€2.4m ▲ 41.6%
Other debts
+0.6
Taxes and wages
+0.1
Financial debts
+0.04

Debts rose by €703,213 in 2025. A dividend stands under other debts on the balance sheet date until it is paid.

Staff

21 employees on 30-06-2025
862022910202312152024332025

In 2025, 3 people joined and 3 left.

Filings

28 annual accounts since 1998
deadline200020102020

The last five annual accounts were filed 14 to 86 days before the end of the period.

Position in the sector

€1.2m

Higher net result than 95% of companies in rubber and plastics. Sector median €41,328 · 187 companies.

Checked score

98
Excellent
Financially stronger than 84% of small companies in rubber and plastics (NACE 22)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 163 companies (NACE 22, small).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1% 01-2025: 0.1%▲ +0.1 percentage points vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025highest value 02-2026: < 0.1%▼ -0.1 percentage points vs 01-2026lowest value 03-2026: < 0.1%● unchanged vs 02-2026lowest value 04-2026: < 0.1%● unchanged vs 03-2026lowest value 05-2026: < 0.1%● unchanged vs 04-2026lowest value 06-2026: < 0.1%● unchanged vs 05-2026lowest value 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026

Financial strength
Strong

74-2equity 49.5% of total assets
78+27short-term debt 45.4% · cash 42.9%
100=return on assets 25.0%

Score breakdown

lowers risk
Liquidity: current ratio 1.97, cash €2.0m
Founded in 1997
Size: 18.1 FTE, total assets €4.7m
Equity €2.3m (49.5% of total assets)
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 22, small). It does better than 54% of them on solvency, 93% on liquidity, 98% on profitability and 90% on growth.

The bankruptcy probability was computed on 09-11-2026 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.

The probability rests on the annual accounts with balance sheet date 30-06-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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).

Comparable companies, two years later

In July 2024, 20,137 companies had the same profile as EXAM PACKAGING has now. Each dot stands for 51 companies, two years later.

95.1%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of EXAM PACKAGING itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 3.0% 3.1%
10 5.6% 6.2%

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 20,137 companies, not a prediction for EXAM PACKAGING. 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

Credit of up to €220,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 1.97 (2.0 in 2024), above the usual 1.5. Short-term debt is 45.4% and cash 42.9% of total assets. However, 50.5% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

6 signals, none raises the risk
Six signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 1.97, cash €2.0m
NBB · annual accounts
lowers risk · Founded in 1997
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: 18.1 FTE, total assets €4.7m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Equity €2.3m (49.5% of total assets)
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year €2.3m
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 06-01-2026, 25 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
25 days early
2024
22 days early
2023
86 days early
2022
55 days early
2021
14 days early
2020
40 days early
2019
93 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 48 days before the deadline. In the sector (NACE 22), the median for financial year 2024 was 14 days before the deadline, and 34% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 6 January (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end10-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0460816712
Appointment: VANLANDEGHEM Pascal Jean Jacques (director) General meeting of 22-05-2023 · Gazette deed
New establishment in Ciney Rue du Polissou 33
First establishment Romeinsesteenweg 558, Grimbergen
All 40 events

Comparable companies

same main activity, similar in size and age
Company
EXAM PACKAGING Grimbergen €4.7m €3.2m 49.5% 18.1
NUTRIPACK OLEN Olen €6.0m €1.9m 65.5% 17.6
NEOPACK Aalst €7.0m €2.2m 12.7% 23.2
sealed air belgium Woluwe-Saint-Lambert €10.4m €3.3m 96.2% 11.5
ALPAGRO PACKAGING Houthalen-Helchteren €6.3m €1.7m 79.0% 21
SAC O2 Deinze €2.5m €1.4m 68.9% 10
TWINPLAST Sint-Katelijne-Waver €2.0m €1.1m 69.7% 13.3

These companies have the same main activity as EXAM PACKAGING: manufacture of rubber and plastic products (NACE 22220). They are comparable in size and age: total assets between €2m and €10m, founded between 1987 and 1998.

Official details

Source: KBO
Status
Active since 09-06-1997Normal situation
Activity
Manufacture of rubber and plastic productsNACE 22220and 2 others
Joint committee
100Auxiliary committee for blue-collar workers · annual accounts 30-06-2025
Establishment units
2.082.200.2181853 Grimbergen, since 13-06-1997
2.175.701.3875590 Ciney, since 01-01-2009
Financial year end
30 June
Peppol
Reachable since 21-10-2026
Company details

Annual accounts to 30-06-2025

€4.7m▲ 37.4%
Employeeson 30-06-2025
21▲ 5.0%
Filing
Filed on 06-01-2026, 25 days before the end of the filing period
Financials

Insights on EXAM PACKAGING

EXAM PACKAGING files the abbreviated format. That format states no turnover. The gross margin rose from €484,042 in 2007 to €3.2m in 2025.

EXAM SERVICES holds 99% of the shares.

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 EXAM PACKAGING

What is the company number of EXAM PACKAGING?
The company number of EXAM PACKAGING is 0460.816.712. The VAT number is the same number with BE in front: BE 0460.816.712.
Where is EXAM PACKAGING based?
The registered office is at Romeinsesteenweg 558, 1853 Grimbergen.Company details
What does EXAM PACKAGING do?
According to the KBO register, the main activity is manufacture of rubber and plastic products (NACE 22220).
What is the legal form of EXAM PACKAGING?
EXAM PACKAGING is a private limited company (BV).
When was EXAM PACKAGING founded?
EXAM PACKAGING was founded on 09-06-1997.
Is EXAM PACKAGING still active?
Yes, EXAM PACKAGING is an active enterprise in the KBO register.
How many employees does EXAM PACKAGING have?
EXAM PACKAGING had an average of 18.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does EXAM PACKAGING fall under?
In its 30-06-2025 annual accounts, EXAM PACKAGING states joint committee 100 (Auxiliary committee for blue-collar workers).
What is the turnover of EXAM PACKAGING?
The turnover in financial year 2025 is ≈ €5.4m. This figure is estimated from the gross margin of €3.2m and 1,585 comparable companies of the same size. It probably lies between €3.7m and €8.9m. It is a rough estimate.
Is EXAM PACKAGING profitable?
In financial year 2025, EXAM PACKAGING made a profit of €1.2m.
Where can I find the annual accounts of EXAM PACKAGING?
EXAM PACKAGING filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of EXAM PACKAGING due?
EXAM PACKAGING must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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