GERMAY EMBALLAGES

Active

Public limited companyfounded 1989active for 36 yearsZoning Industriel-1ère rue 1, 6040 Charleroi, BelgiumKBO/BCE: BE 0439.228.866

Summary

GERMAY EMBALLAGES has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €819,453 and a net result of €230,176. Equity is growing by about 8.9% per year across the filed financial years. Its solvency ranks better than 95% of 328 sector peers (NACE 46, financial year 2026). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow Report Compare

GERMAY EMBALLAGESActiveChecked score 98/100

Risk analysis Report Compare

Activity

Non-specialised wholesale trade

NACE 46900

1 site

Size

€849,038total assets 2026

Equity: €819,453
Profit: €230,176

Net result +257%: 12-month year

Financial health

98 Excellent Checked score 2026

Bankruptcy probabilitywithin 12 months: < 0.1%

Structure

Parent: Delta Plastics · 60.61%

OLEMCAManaging director · permanent representative Vincent SINGELÉ

2026 accounts 22 days early3 of 8 deeds summarised

Why 98lowers riskFounded in 1989Size: total assets €849,038Equity €819,453 (96.5% of total assets)Figures for financial year 2026 (filed 09-10-2026)Show the evidence

Checked score

Score 2026

98 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 85% of its sector peers (NACE 46, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2025

Strong

Solvency 100+1

equity 96.5% of total assets

Liquidity 63+5

short-term debt 3.5% · cash 10.3%

Profitability 100+21

return on assets 27.1%

Bankruptcy probability, 12 months

< 0.1% Very low

0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.4% (26,881 companies, NACE 46, micro)

Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged 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: 0.2%▲ +0.1 percentage points vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025 08-2025: 0.4%▲ +0.1 percentage points vs 07-2025 09-2025: 0.6%▲ +0.2 percentage points vs 08-2025 10-2025: 1.1%▲ +0.5 percentage points vs 09-2025highest value 11-2025: < 0.1%▼ -1.1 percentage points vs 10-2025lowest value 12-2025: < 0.1%● unchanged vs 11-2025lowest value 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged 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 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 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

Credit of up to €80,000 on 30-day terms is acceptable

Liquidity ample (current ratio 24.4, compared with 2.97 in 2025, above the usual 1.5; short-term debt: 3.5% and cash: 10.3% of total assets), and 3.5% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 46, micro): better than 90% on solvency, 69% on liquidity, 95% on profitability and 85% on growth.

The bankruptcy probability was computed on 27-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

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

Signals

Five signals.

lowers riskneutral

Founded in 1989

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Size: total assets €849,038

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Equity €819,453 (96.5% of total assets)

NBB · annual accounts

Figures for financial year 2026 (filed 09-10-2026)

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 09-10-2026, 22 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2026

22 days early

2025

3 days early

2023

9 days early

2022

38 days early

2021

28 days late

2020

73 days early

2019

70 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 27 days before the deadline; the sector median (NACE 46) for financial year 2023 is 2 days before the deadline, and 40% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.

Companies Code · seven months

Where today falls in the filing period

27-10-2026 today31-03-2027 year end31-10-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

09-10-2026 Annual accounts filedfinancial year 2026 · full…
31-03-2026 Liquidity more than 8 timescurrent ratio 24.40
28-10-2025 Annual accounts filedfinancial year 2025 · full…

Key points

Result rose in 202612-month financial year ▲ 257% View
Positive: Among the best 5% on solvencysector median 45.9% · 328 companies 96.5% View
Controlled by Delta Plasticsultimately: JC WIBO 60.61% View
Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View

By topic

Financials

Financial year: 2026
Total assets: €849,038
Profit: €230,176
Solvency: 96.5%

Total assets▲ 6.6%

Net result

20182026

Go to Financials

Board & ownership

Board: 1 member
Parent: Delta Plastics · 60.61%

OLEMCAManaging director

Go to Board & ownership

Network & group

Group: JC WIBO

Go to Network & group

Timeline

Events: 44
Since: 1990
Next accounts: by 31-10-2027

20-01-2025Assemblee Generale - Annee Comptable
22-07-2024Annual accounts filed
17-06-2024Resignation: BELIVER (director)

Go to Timeline

Company details

Sites: 1

Legal form: Public limited company
Activity: Non-specialised wholesale tradeNACE 46900
Founded: 27-12-1989
Year ends: 31-03
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 41

Annual meeting: Last Friday of September at 14:00
Purpose: “Le commerce de gros en emballages divers, d’articles divers en matière plastique…” (deed in French)

Go to Articles of association

Key facts about GERMAY EMBALLAGES

What is the company number of GERMAY EMBALLAGES?: 0439.228.866. In Belgium the VAT number is the company number with BE in front: BE 0439.228.866.
Where is GERMAY EMBALLAGES based?: The registered office is at Zoning Industriel-1ère rue 1, 6040 Charleroi.Company details
What does GERMAY EMBALLAGES do?: According to the KBO register, the main activity is non-specialised wholesale trade (NACE 46900).
What is the legal form of GERMAY EMBALLAGES?: Public limited company (NV).
When was GERMAY EMBALLAGES founded?: On 27-12-1989.
Is GERMAY EMBALLAGES still active?: Yes, GERMAY EMBALLAGES is an active enterprise in the KBO register.
How many employees does GERMAY EMBALLAGES have?: On average 1.3 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
What is the turnover of GERMAY EMBALLAGES?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is GERMAY EMBALLAGES profitable?: In financial year 2026, GERMAY EMBALLAGES made a profit of €230,176.
Where can I find the annual accounts of GERMAY EMBALLAGES?: GERMAY EMBALLAGES filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of GERMAY EMBALLAGES due?: By 31-10-2027, for financial year 2027.Timeline