Lefevere Packaging is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €12.60M and a net result of €750k. Equity is growing by ~2.7% per year across the filed fiscal years. Its solvency ranks better than 60% of 2377 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · A punctual record breaks
This company filed 6 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-09-2026, 41 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 7 filingsDeviation from the deadline
2025
41 d late
2024
38 d early
2023
26 d early
2022
42 d early
2021
27 d early
2020
4 d early
2019
38 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Equity
€12.60M▼ 2.7%
2024 · €12.95M
2019: €18.68M
2020: €8.60M
2021: €11.34M
2022: €11.56M
2023: €12.61M
2024: €12.95M
2019 → 2025
Net result
€750k▼ 77.6%
2024 · €3.34M
2019: €10.91M
2020: €-10.08M
2021: €2.74M
2022: €219k
2023: €1.05M
2024: €3.34M
2019 → 2025
Total assets
€17.40M▲ 0.1%
2024 · €17.37M
2019: €25.62M
2020: €14.67M
2021: €18.50M
2022: €18.18M
2023: €17.94M
2024: €17.37M
2019 → 2025
Solvency
72.4%▼ 2.1pp
2024 · 74.5%
2019: 72.9%
2020: 58.6%
2021: 61.3%
2022: 63.6%
2023: 70.3%
2024: 74.5%
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€1.08M-€1.20M▲ 11.1%€1.40M▲ 17.2%€717k▼ 48.9%€402k▼ 43.9%
Equity€11.34M-€11.56M▲ 1.9%€12.61M▲ 9.1%€12.95M▲ 2.7%€12.60M▼ 2.7%
Operating result€202k-€350k▲ 72.9%€580k▲ 65.7%€539k▼ 7.0%€164k▼ 69.5%
Net result€2.74M-€219k▼ 92.0%€1.05M▲ 378%€3.34M▲ 219%€750k▼ 77.6%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 70% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €17.40M
Fixed assets
€17.33M=
Current assets
€69k▲ 59.4%
Equity and liabilities €17.40M
Equity
€12.60M▼ 2.7%
Debt
€4.79M▲ 8.4%
The debt ratio rises from 25.5% to 27.6%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
72.4%▼
2024 · 74.5%
ROE
5.9%▼
2024 · 25.8%
ROA
4.3%▼
2024 · 19.2%
Debt
€4.79M▲
2024 · €4.42M
Debt ≤ 1 year
€2.89M▲
2024 · €1.92M
Debt > 1 year
€1.90M▼
2024 · €2.51M
Income taxes
€23k▼
2024 · €120k
Staff costs
€157k▼
2024 · €162k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€17.37M€17.40M▲
Fixed assets21/28€17.33M€17.33M=
Financial fixed assets28€17.33M€17.33M=
Affiliated companies280/1€17.13M€17.13M=
Participating interests280€17.13M€17.13M=
Other financial fixed assets284/8€200k€200k=
Amounts receivable and cash guarantees285/8€200k€200k=
Current assets29/58€43k€69k▲
Amounts receivable within one year40/41€5k€41k▲
Trade receivables40€5k€41k▲
Cash at bank and in hand54/58€37k€26k▼
Deferred charges and accrued income490/1€1k€1k▼
Equity and liabilities
Total equity and liabilities10/49€17.37M€17.40M▲
Equity10/15€12.95M€12.60M▼
Contributions10/11€8.02M€8.02M=
Reserves13€545k€545k=
Non-distributable reserves130/1€545k€545k=
Reserves not available under the articles1311€545k€545k=
Profit (loss) carried forward14€4.38M€4.04M▼
Amounts payable17/49€4.42M€4.79M▲
Amounts payable after more than one year17€2.51M€1.90M▼
Financial debts170/4€2.51M€1.90M▼
Subordinated loans170€319k€329k▲
Credit institutions173€2.19M€1.57M▼
Amounts payable within one year42/48€1.92M€2.89M▲
Current portion of amounts payable after more than one year42€607k€615k▲
Trade debts44€14k€14k▼
Suppliers440/4€14k€14k▼
Taxes, remuneration and social security45€73k€58k▼
Taxes450/3€52k€40k▼
Remuneration and social security454/9€21k€18k▼
Other amounts payable47/48€1.23M€2.21M▲
Income statement
Code20242025
Operating income70/76A€832k€403k▼
Turnover70€717k€402k▼
Other operating income74€2k€400▼
Non-recurring operating income76A€114k-
Operating charges60/66A€293k€238k▼
Services and other goods61€123k€71k▼
Remuneration, social security and pensions62€162k€157k▼
Other operating charges640/8€8k€10k▲
Operating profit (loss)9901€539k€164k▼
Financial income75/76B€3.00M€690k▼
Recurring financial income75€3.00M€690k▼
Income from financial fixed assets750€3.00M€690k▼
Financial charges65/66B€77k€82k▲
Recurring financial charges65€77k€82k▲
Debt charges650€76k€82k▲
Other financial charges652/9€299€296▼
Profit (loss) for the period before taxes9903€3.46M€772k▼
Income taxes67/77€120k€23k▼
Taxes670/3€120k€23k▼
Tax adjustments and reversals of tax provisions77€68-
Profit (loss) for the period9904€3.34M€750k▼
Profit (loss) for the period to be appropriated9905€3.34M€750k▼
Appropriation of the result
Profit (loss) to be appropriated9906€7.38M€5.13M▼
Profit (loss) brought forward from the previous period14P€4.04M€4.38M▲
Profit to be distributed694/7€3.00M€1.10M▼
Return on contributions (dividend)694€3.00M€1.10M▼
Social balance
Average headcount (FTE)90872.01.2▼
The notes to these accounts (37 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-09
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 41 days late
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Back to profitnet €2.74M
Net result €2.74M after one loss-making year.
31-12
Financial
Equity above €10MEq €11.34M ▲31.8%
Equity rises from €8.60M to €11.34M.
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €-10.08M ▼192%
Net result drops to €-10.08M, the lowest in the series; recovery starts the following year.
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
11 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Wielsbeke · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Driekoningenstraat(S.B.V.) 78710 WielsbekeGround area
4.3 ha
Building footprint
3.7 ha
Parcel 37014A0276/00H000, Flanders. Linked by address, not a title deed.
1 establishment unit
Lefevere Packaging
since 20192.287.672.447
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37014A0276/00H000 | Flanders | 4.3 ha | 1 · 3.7 ha | - |
Linked by address, not proof of ownership
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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 2,611 EUR awarded · 2,161 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 850 EUR | 400 EUR |
| 2024 | 1 | 1,600 EUR | 1,600 EUR |
| 2022 | 1 | 161 EUR | 161 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 24,726 companies in sector 64210 we hold annual accounts for 19,747. 5,356 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-03-2019
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.