CCL Label Belgium
ActiveSummary
CCL Label Belgium has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€948,050) and a net result of -€702,364. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 7% of 316 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
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Signals
This company filed its last 7 accounts on average 20 days before the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (2)
History
CCL Label Belgium was incorporated on 3 February 2009.1 The name was changed to CCL Label Belgium in 2026.2 Since 2026, BIRKNER Günther has served as director of the company.3 Total assets fell from EUR 3.9 million in 2018 to EUR 3 million in 2025 and headcount from 21.6 to 26.1 full-time equivalents.4
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Financials · fiscal year 2025, abbreviated schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 18, Printing and reproduction of recorded media, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 598 companies that looked in July 2024 the way this one looks now, 9.4% went bankrupt within 24 months and 83% are still going.
- Small
- 10 to 20 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 1.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 598 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €63,528 | €2,463 | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | €1.5m | €1.4m | €1.4m | €1.4m | €2.2m | ▲ 57.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €328,796 | €329,986 | €317,623 | €321,027 | €331,474 | ▲ 3.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €142,922 | €69,648 | -€13,943 | ▼ 120% |
| Other operating charges640/8 | €10,139 | €10,863 | €11,096 | €12,290 | €10,194 | ▼ 17.1% |
| Non-recurring operating charges66A | - | - | €1,600 | €12,103 | €0 | ▼ 100% |
| Gross operating margin9900 | €1.9m | €1.4m | €1.5m | €1.4m | €1.9m | ▲ 32.3% |
| Operating profit (loss)9901 | €101,891 | -€296,104 | -€320,588 | -€361,043 | -€605,790 | ▼ 67.8% |
| Financial income75/76B | - | €135 | €30 | €2,367 | €134 | ▼ 94.3% |
| Recurring financial income75 | - | €135 | €30 | €2,367 | €134 | ▼ 94.3% |
| Financial charges65/66B | €89,869 | €107,868 | €165,497 | €120,556 | €95,558 | ▼ 20.7% |
| Recurring financial charges65 | €89,869 | €107,868 | €165,497 | €120,556 | €95,558 | ▼ 20.7% |
| Profit (loss) for the period before taxes9903 | €12,022 | -€403,838 | -€486,056 | -€479,232 | -€701,214 | ▼ 46.3% |
| Income taxes67/77 | €819 | €1,415 | €1,324 | €1,170 | €1,150 | ▼ 1.7% |
| Profit (loss) for the period9904 | €11,203 | -€405,252 | -€487,379 | -€480,402 | -€702,364 | ▼ 46.2% |
| Profit (loss) for the period to be appropriated9905 | €11,203 | -€405,252 | -€487,379 | -€480,402 | -€702,364 | ▼ 46.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4.0m | €3.6m | €2.6m | €2.7m | €3.0m | ▲ 12.8% |
| Fixed assets21/28 | €1.8m | €1.5m | €1.2m | €1.0m | €888,097 | ▼ 15.1% |
| Intangible fixed assets21 | €22,178 | €8,071 | €3,779 | €1,291 | €426 | ▼ 67.0% |
| Tangible fixed assets22/27 | €1.7m | €1.5m | €1.2m | €1.0m | €887,621 | ▼ 15.0% |
| Plant, machinery and equipment23 | €353,478 | €310,259 | €331,609 | €345,099 | €209,187 | ▼ 39.4% |
| Furniture and vehicles24 | €39,015 | €28,275 | €21,905 | €49,255 | €36,422 | ▼ 26.1% |
| Leasing and similar rights25 | €1.2m | €1.0m | €793,709 | €596,846 | €400,472 | ▼ 32.9% |
| Other tangible fixed assets26 | €99,175 | €88,690 | €70,846 | €53,003 | €35,159 | ▼ 33.7% |
| Assets under construction and advance payments27 | - | - | - | - | €206,380 | - |
| Financial fixed assets28 | €50 | €50 | €50 | €50 | €50 | = |
| Current assets29/58 | €2.3m | €2.1m | €1.4m | €1.6m | €2.1m | ▲ 30.5% |
| Stocks and contracts in progress3 | €1.2m | €1.0m | €633,288 | €1.1m | €1.1m | ▼ 1.9% |
| Stocks30/36 | €1.2m | €1.0m | €633,288 | €827,683 | €687,046 | ▼ 17.0% |
| Contracts in progress37 | - | - | - | €273,473 | €392,989 | ▲ 43.7% |
| Amounts receivable within one year40/41 | €881,547 | €942,499 | €709,602 | €364,507 | €920,378 | ▲ 152% |
| Trade receivables40 | €864,632 | €913,183 | €682,855 | €286,400 | €896,151 | ▲ 213% |
| Other amounts receivable41 | €16,915 | €29,315 | €26,747 | €78,107 | €24,227 | ▼ 69.0% |
| Cash at bank and in hand54/58 | €204,708 | €75,504 | €43,282 | €159,735 | €110,954 | ▼ 30.5% |
| Deferred charges and accrued income490/1 | €29,332 | €90,756 | €23,024 | €19,626 | €34,925 | ▲ 78.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4.0m | €3.6m | €2.6m | €2.7m | €3.0m | ▲ 12.8% |
| Equity10/15 | €1.1m | €722,095 | €234,715 | -€245,686 | -€948,050 | ▼ 286% |
| Contributions10/11 | €2.0m | €2.0m | €2.0m | €2.0m | €2.0m | = |
| Profit (loss) carried forward14 | -€832,653 | -€1.2m | -€1.7m | -€2.2m | -€2.9m | ▼ 31.8% |
| Amounts payable17/49 | €2.9m | €2.9m | €2.4m | €2.9m | €4.0m | ▲ 35.6% |
| Amounts payable after more than one year17 | €849,911 | €617,723 | €347,573 | €852,624 | €733,878 | ▼ 13.9% |
| Financial debts170/4 | €849,911 | €617,723 | €347,573 | €852,624 | €733,878 | ▼ 13.9% |
| Amounts payable within one year42/48 | €2.0m | €2.2m | €2.0m | €2.0m | €3.2m | ▲ 55.7% |
| Current portion of amounts payable after more than one year42 | €476,265 | €368,583 | €286,403 | €429,519 | €118,745 | ▼ 72.4% |
| Financial debts43 | €670,995 | €716,686 | €601,491 | €8,819 | €320,353 | ▲ 3,533% |
| Credit institutions430/8 | €670,995 | €716,686 | €601,491 | €8,819 | €320,353 | ▲ 3,533% |
| Trade debts44 | €604,448 | €640,908 | €655,578 | €1.2m | €2.3m | ▲ 95.1% |
| Suppliers440/4 | €604,448 | €640,908 | €655,578 | €1.2m | €2.3m | ▲ 95.1% |
| Taxes, remuneration and social security45 | €234,792 | €464,814 | €484,601 | €148,297 | €198,179 | ▲ 33.6% |
| Taxes450/3 | €25,353 | €48,902 | €2,393 | €419 | €1,319 | ▲ 215% |
| Remuneration and social security454/9 | €209,439 | €415,913 | €482,209 | €147,879 | €196,860 | ▲ 33.1% |
| Other amounts payable47/48 | €19,519 | €19,818 | €19,818 | €295,000 | €280,000 | ▼ 5.1% |
| Accrued charges and deferred income492/3 | €54,460 | €55,164 | €915 | €43,956 | €71,961 | ▲ 63.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11,203 | -€405,252 | -€487,379 | -€480,402 | -€702,364 | ▼ 46.2% |
| + Depreciation and write-downs630 | €328,796 | €329,986 | €317,623 | €321,027 | €331,474 | ▲ 3.3% |
| Operating cash flow (approximation) | €339,999 | -€75,266 | -€169,756 | -€159,375 | -€370,889 | ▼ 133% |
| Investment in fixed assets (approximation) | - | -€50,490 | -€62,448 | -€144,672 | -€174,027 | ▼ 20.3% |
| Change in cash | - | -€129,205 | -€32,221 | €116,452 | -€48,780 | ▼ 142% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
23-09
State Gazette act
Capital & shares · MiscellaneousCapital contribution · Declaration8 facts ▸
- General meeting, 15-09-2026
- Capital contribution, €3.500.000
- Declaration, verzaking aan het verslag van het bestuursorgaan en de commissaris, artikel 5:121, §2 Wetboek vennootschappen en verenigingen
- Declaration, voorkeurrecht en de uitoefeningstermijn zoals voorzien in de statuten en het Wetboek van Vennootschappen en Verenigingen, verzaking aan het voorkeurrecht
- Declaration, inschrijving op de inbreng, 3500000
- Declaration, 14-09-2026
- Board meeting, inbreng gebeurt zonder creatie van nieuwe aandelen, algemene vergadering
- Declaration, vaststelling dat de inbreng daadwerkelijk heeft plaatsgevonden
10-07
State Gazette act
Resignations: MCCLENDON Mark (director) and KARAMA Nader (director)Reappointment: BIRKNER Günther (director) · Share class · Name change9 facts ▸
- General meeting, 2160 Wommelgem, Uilenbaan 200, bus 3b, buitengewone algemene vergadering
- Share class, afschaffing, schrapping van verwijzingen naar aandelensoorten in statuten
- Name change, CCL Label Belgium
- Statutes amendment
- Capital
- Director resignation, MCCLENDON Mark (director)
- Director resignation, KARAMA Nader (director)
- Board composition, BIRKNER Günther (sole director)
- Director reappointment, BIRKNER Günther (director)
02-07
State Gazette act
Resignations: Eric Fresnel (director) and Philippe Bertreau (director)Appointments: Günther Birkner (director) and Nader Karama (director) · Director discharge7 facts ▸
- General meeting, 01-06-2026
- Director resignation, Eric Fresnel (director)
- Director resignation, Philippe Bertreau (director)
- Director discharge, Eric Fresnel (director)
- Director discharge, Philippe Bertreau (director)
- Director appointment, Günther Birkner (director)
- Director appointment, Nader Karama (director)
Show earlier events
About the unread acts
Of the 17 Belgian State Gazette acts we know for this company, 3 have been read. The other 14 have not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
Not every act has been read: a resignation may be missing here
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11052C0170/00A002 | Flanders | 3.9 ha | 1 · 7,797 m² | 11.8 m · 3 fl. |
Linked by address, not proof of ownership
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| BIRKNER Günther |
|
| Eric Fresnel |
|
| Philippe Bertreau |
|
| KARAMA Nader |
|
| MCCLENDON Mark |
|
Articles of association
Full text
Artikel 14. Externe vertegenwoordiging Iedere bestuurder afzonderlijk, ook wanneer er meerdere zijn, vertegenwoordigt de vennootschap jegens derden en in rechte als eiser of als verweerder. Binnen het kader van het dagelijks bestuur, is de vennootschap tevens geldig vertegenwoordigd door een dagelijks bestuurder. De vennootschap wordt tevens rechtsgeldig verbonden door de bij bijzondere volmacht aangestelde lasthebber(s).
Full purpose (7 activities)
- De voorstudie, de begeleiding, de fabricatie, de verkoop, het onderhoud, van elk artikel, apparaat, machine, procédé en dienst, welke rechtstreeks of onrechtstreeks verband houdt met de verpakking (sleeving, print apply, labelling en andere flexibele verpakkingen), copacking, prestatiepacking, loonverpakking, het bedrukken, het coderen, het controleren, ontwerpen van producten en materialen; alle industriële en commerciële vertegenwoordigingen.
- Het installeren van fabrieken en werkplaatsen.
- De fabricatie, de verkoop, het onderhoud en het installeren van metalen constructies en metalen kunstwerken, van buis- en soortgelijke constructies, en van metalen rolletjes voor transportbanden.
- Verhuur van machines.
- Samenwerken met, deelnemen in, of op gelijk welke wijze, rechtstreeks of onrechtstreeks, belangen nemen in andere ondernemingen
- Optreden als bestuurder, volmachtdrager, mandataris of vereffenaar in andere vennootschappen of ondernemingen
- Alle commerciële, industriële, financiële, roerende of onroerende handelingen verrichten in rechtstreeks of onrechtstreeks verband met haar voorwerp of welke van aard zouden zijn de verwezenlijking ervan geheel of ten dele te vergemakkelijken
Structure & network
Owners and holdings
1 ownerOwners 1
- Sourceaccounts Sofreh 202530.01%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
Capital and shareholders
- CCL Label Holdings France 3,500,000 EUR in cash
The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 10-07-2026 Capital stated in the act · 19,577 shares
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 293 EUR awarded · 293 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 293 EUR | 293 EUR |
Similar companies · same sector, comparable size
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.