Checked.be
Active
BE 0477.034.617Private limited company (pre-2019)
FILL-PACK
Industrieweg 4 ·2630 Aartselaar, Belgium· 24 yrs active
Sector: Office administrative, office support and other business support activities
(82920)
Conclusion
FILL-PACK has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €34k and a net result of €61. Equity remains stable across the filed fiscal years (±1.8% per year). Its solvency ranks better than 86% of 7538 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Based on the State Gazette, CBE and 4 annual accounts.
Key figures
| Equity | €34k |
| Net result | €61 |
| Better than sector | 86% |
| Active | 24 yrs |
Financial profile
65
/ 100
Strong profile, led by solvency.
All 5 axes are computed from data Checked has read.
Health
94
Profitability
1
Solvency
100
Growth
32
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Long-established
Founded in 2002, 24 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
94
/ 100
Excellent
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€3k
estimate, not credit advice
Score history
93
2022
86
2023
52
2024
94
2025
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 7.35 (≥ 1.5)
+10
Quick ratio
Quick ratio 7.35 (≥ 1.0)
+5
Leverage
Debt/equity 0.15 (< 1.0)
+10
Profitability
ROE 0%
+3
Interest coverage
Interest coverage 5.2× (≥ 3×)
+8
Profit trend
Net profit up YoY
+5
Equity growth
Equity growing YoY
+3
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 20-05-2026 with the NBB · fiscal year 2025 · micro schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
volatile
Too volatile to project: the yearly deviation from the trend is ~65% of the level (threshold 35%). We therefore deliberately show no projection line.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2025 · NACE 82, Office administrative, office support and other business support activities · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 87.1% | 50.9% | |
| Net result | €61 | €16k | |
| Equity | €34k | €58k | |
| Gross operating margin | €1k | €40k | |
| Total assets | €39k | €140k |
€1k
-
22-25
€61
-
22-25
€926
-
22-25
€39k
-2.3%
22-25
€34k
+0.2%
22-25
€32k
+3.0%
22-25
€5k
-16.5%
22-25
€5k
-16.5%
22-25
7.35
+19.6%
22-25
7.35
+19.6%
22-25
87.1%
+2.6%
22-25
0.15
-16.6%
22-25
0.2%
-
22-25
0.2%
-
22-25
5.21
-
22-25
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - |
| EBITDA | €1k | €-2k | €2k | €6k |
| Net profit | €61 | €-3k | €1k | €6k |
| Cash flow | €926 | €-2k | €2k | €6k |
| Staff costs | - | - | - | - |
| Income taxes | - | - | - | - |
| Dividends | - | - | - | - |
| Total assets | €39k | €40k | €37k | €39k |
| Equity | €34k | €34k | €37k | €35k |
| Debt | €5k | €6k | €733 | €4k |
| of which ≤ 1y | €5k | €6k | €733 | €4k |
| of which > 1y | - | - | - | - |
| Working capital | €32k | €31k | €36k | €34k |
| Employees (FTE) | - | - | - | - |
Ratios (computed)
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Current ratio | 7.35 | 6.15 | 50.18 | 10.10 |
| Quick ratio | 7.35 | 6.15 | 50.18 | 10.10 |
| Working capital ratio | 81.8% | 77.6% | 96.7% | 88.3% |
| Solvency | 87.1% | 84.9% | 98.0% | 90.3% |
| Debt / equity | 0.15 | 0.18 | 0.02 | 0.11 |
| Long-term debt ratio | - | - | - | - |
| Interest coverage | 5.21 | -47.24 | 26.56 | 100.20 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | 0.2% | -7.4% | 3.8% | 16.1% |
| ROE | 0.2% | -8.7% | 3.8% | 17.8% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Balance-sheet composition 2025
Full annual accounts (20 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €39k | €40k | €37k | €39k |
| Fixed assets | 21/28 | €2k | €3k | €497 | €776 |
| Tangible fixed assets | 22/27 | €2k | €3k | €497 | €776 |
| Current assets | 29/58 | €37k | €37k | €37k | €38k |
| Amounts receivable within one year | 40/41 | €28k | €37k | €34k | €19k |
| Cash & bank | 54/58 | €76 | €76 | €3k | €19k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €39k | €40k | €37k | €39k |
| Equity | 10/15 | €34k | €34k | €37k | €35k |
| Contributions / capital | 10/11 | €25k | €25k | €25k | €25k |
| Reserves | 13 | €9k | €9k | €12k | €10k |
| Amounts payable | 17/49 | €5k | €6k | €733 | €4k |
| Amounts payable within one year | 42/48 | €5k | €6k | €733 | €4k |
| Trade debts payable within one year | 44 | - | €2k | €733 | €4k |
| Income statement | |||||
| Gross operating margin | 9900 | €1k | €-2k | €2k | €6k |
| Operating result | 9901 | €281 | €-3k | €1k | €6k |
| Financial income | 75 | - | - | €0 | €1 |
| Financial charges | 65 | €220 | €38 | €66 | €64 |
| Result before taxes | 9903 | €61 | €-3k | €1k | €6k |
| Net result for the period | 9904 | €61 | €-3k | €1k | €6k |
| Result to be appropriated | 9905 | €61 | €-3k | €1k | €6k |
Legal Structure
| NACE primary | Office administrative, office support and other business support activities(82920) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 05-03-2002 |
| Status | Active |
| Postal code | 2630 |
Establishment units
Industrieweg 4, 2630 Aartselaar
since 20022.095.976.691
Real-estate footprint
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11372A0311/00C000 | Flanders | 5,512 m² | 1 · 2,285 m² | 8.6 m · 2 fl. |
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
Next filing, fiscal year 2026, expected by
2026
20-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-11
Financial
Back to profitnet €61
Net result €61 after one loss-making year.
15-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-11
Financial
Weakest financial yearnet €-3k ▼307%
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
20-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-11
Financial
Liquidity times 5current ratio 50.18
Current ratio from 10.10 to 50.18; short-term debt falls from €4k to €733.
03-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
04-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
28-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
04-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
21-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
08-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 8 days late
2017
22-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
Office administrative, office support and other business support activities82920
Names & trade names
| Legal nameNL | FILL-PACK |
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