Equity
€4.3m ▲ 134×
Equity rose in 2025 from €32,426 to €4.3m.
NUTRIPACK WAVRE
Lifetime
17 annual accounts with figures on one time axis, 33 filings since 1993peak €11.4m (2007)
-not published
lowest -€5.3m (2017)
€4.3m▲ 738%
peak €7.7m (2017)
€4.3m▲ 134×
€11.9m▼ 12.5%
peak 52.8 FTE (2011)
6.6 FTE▼ 71.3%
Board21 names since 2016all names
1 directorImpact SAS
Owners5 names in the annual accounts
consolidatesImpact SAS
Documentsfilings and deeds
18-06-202643 days before the deadline
2025financial year
Gross margin from €1.1m to €4.9mResult from €514,107 to €4.3mStaff from 23 FTE to 6.6 FTEEquity from €32,426 to €4.3m
Key points
from the 2025 annual accountsDebts
€11.9m 73% of the balance sheet
Financial debts 43%Suppliers 14%Taxes and wages 4%Other 39%
€1.9m of the debts are secured on the company's own assets. In 2021 that was €4.1m.
Investments
€33,364 0.2 × depreciation
Green is investment, beige is depreciation.
Staff
6.6 FTE from 52.8 in 2011
Between 2011 and 2025, 88% of the full-time equivalents disappeared.
Liquidity
0.76 was 0.25 in 2024
Short-term debts fell from €7.7m to €7.2m.
Filings
33 annual accounts since 1993
The last five annual accounts were filed 3 to 43 days before the end of the period.
Net result +738%: one-off income
Checked score
86
Excellent
Financially stronger than 65% of micro companies in paper (NACE 17)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 113 companies (NACE 17, micro).
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 4.4%
01-2025: 4.4%● unchanged vs 12-2024
02-2025: 4.3%▼ -0.1 percentage points vs 01-2025
03-2025: 4.4%▲ +0.1 percentage points vs 02-2025
04-2025: 4.4%● unchanged vs 03-2025
05-2025: 4.4%● unchanged vs 04-2025
06-2025: 4.5%▲ +0.1 percentage points vs 05-2025
07-2025: 4.7%▲ +0.2 percentage points vs 06-2025highest value
08-2025: 1.1%▼ -3.6 percentage points vs 07-2025
09-2025: 1.2%▲ +0.1 percentage points vs 08-2025
10-2025: 1.2%● unchanged vs 09-2025
11-2025: 1.2%● unchanged vs 10-2025
12-2025: 1.2%● unchanged vs 11-2025
01-2026: 1.2%● unchanged vs 12-2025
02-2026: 1.2%● unchanged vs 01-2026
03-2026: 1.2%● unchanged vs 02-2026
04-2026: 1.2%● unchanged vs 03-2026
05-2026: 1.2%● unchanged vs 04-2026
06-2026: 1.2%● unchanged vs 05-2026
07-2026: 0.4%▼ -0.8 percentage points vs 06-2026lowest value
08-2026: 0.4%● unchanged vs 07-2026lowest value
09-2026: 0.4%● unchanged vs 08-2026lowest value
10-2026: 0.4%● unchanged vs 09-2026lowest value
11-2026: 0.4%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Liquidity: current ratio 0.76, cash €281,634
Sector: Manufacture of paper and paper products (NACE 17)
lowers risk
Founded in 1992
Profit of €4.3m (financial year 2025)
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 17, micro). It does better than 33% of them on solvency, 29% on liquidity, 96% on profitability and 99% on growth.
The bankruptcy probability was computed on 10-11-2026 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 31-12-2025.
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).
Credit verdict
Credit of up to €370,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.76 (0.25 in 2024), below 1. Short-term debt is 43.8% and cash 1.7% of total assets. 73.4% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 95 sector peers (2025).
NBB · sector comparisonPosition among 95 sector peers
Solvency
better than 21%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-06-2026, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
43 days early
2024
8 days early
2023
40 days early
2022
39 days early
2021
3 days early
2020
19 days early
2019
37 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 27 days before the deadline. In the sector (NACE 17), the median for financial year 2024 was 13 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 22 June (4 of the last 5 accounts filed within 31 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
IS
Impact SAS
Managing director, Philippe BERTHE
- Impact SAS consolidatesannual accounts 2025
Shares in 2 companies, NUTRIPACK OLEN and Nutripack Câmpulung SA
Board & ownershipRecent changes
Merger proposal: to be absorbed by NUTRIPACK OLEN
Permanent representatives: Philippe BERTHE and Jonathan QUENON · The company holds all the shares of NUTRIPACK OLEN · The company holds 100% of the shares of NUTRIPACK OLEN · Gazette deed
Appointment: Callens, Vandelanotte & Theunissen SRL (statutory auditor)
NUTRIPACK SAS holds 9,026 shares · General meeting of 12-11-2024 · Gazette deed
Appointment: MANAGINEERING SRL (managing director)
NUTRIPACK SAS holds 9,026 shares · General meeting of 24-04-2023 · Gazette deed
Resignation: NOVIGA SRL (director)
Permanent representative: Johan Verbert · General meeting of 24-05-2022 · Gazette deed
Comparable companies
same main activity, the nearest in size| Company | ||||
|---|---|---|---|---|
| NUTRIPACK WAVRE Wavre | €16.3m | €4.9m | 26.6% | 6.6 |
| GAUTIER-INTOCEL Beerse | €4.5m | €1.8m | 84.4% | 9.2 |
| EXAM PACKAGING Grimbergen | €4.7m | €3.2m | 49.5% | 18.1 |
| A.B.C. LABELS Kuurne | €5.9m | €3.4m | 50.1% | 29.3 |
| Belgian Paper Convertors Sint-Katelijne-Waver | €3.9m | €1.5m | 47.4% | 18.4 |
| SAC O2 Deinze | €2.5m | €1.4m | 68.9% | 10 |
| GROUPE TREHOUT PLV Estaimpuis | €4.7m | €4.7m | 43.9% | 46.7 |
These companies have the same main activity as NUTRIPACK WAVRE: manufacture of paper and paper products (NACE 17120). They are smaller than NUTRIPACK WAVRE: total assets between €2.5m and €5.9m, founded between 1991 and 1997.
Official details
Source: KBO- Status
- Active since 24-08-1992Normal situation
- Activity
- Manufacture of paper and paper productsNACE 17120
- Joint committees
- 207White-collar workers in the chemical industry
- 116Chemical industry · annual accounts 2024
- Establishment unit
- 2.058.799.4621300 Wavre, since 20-12-1993
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- ≈ €8.4mestimated
- €16.3m▲ 19.1%
- Employeeson 31-12-2025
- 1▼ 95.2%
- Filing
- Filed on 18-06-2026, 43 days before the end of the filing period
Insights on NUTRIPACK WAVRE
Solvency rose in 2025 from 0.2% to 26.6% because of the retained profit and lower debts.
In June 2023, the Official Gazette published the appointment of MANAGINEERING as managing director.
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 NUTRIPACK WAVRE
- What is the company number of NUTRIPACK WAVRE?
- The company number of NUTRIPACK WAVRE is 0448.066.259. The VAT number is the same number with BE in front: BE 0448.066.259.
- Where is NUTRIPACK WAVRE based?
- The registered office is at Avenue Franklin 2, 1300 Wavre.Company details
- What does NUTRIPACK WAVRE do?
- According to the KBO register, the main activity is manufacture of paper and paper products (NACE 17120).
- What is the legal form of NUTRIPACK WAVRE?
- NUTRIPACK WAVRE is a public limited company (NV).
- When was NUTRIPACK WAVRE founded?
- NUTRIPACK WAVRE was founded on 24-08-1992.
- Is NUTRIPACK WAVRE still active?
- Yes, NUTRIPACK WAVRE is an active enterprise in the KBO register.
- How many employees does NUTRIPACK WAVRE have?
- NUTRIPACK WAVRE had an average of 6.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does NUTRIPACK WAVRE fall under?
- In its 2024 annual accounts, NUTRIPACK WAVRE states joint committees 207 (White-collar workers in the chemical industry) and 116 (Chemical industry).
- What is the turnover of NUTRIPACK WAVRE?
- The turnover in financial year 2025 is ≈ €8.4m. This figure is estimated from the gross margin of €4.9m and 1,585 comparable companies of the same size. It probably lies between €5.7m and €14.0m. It is a rough estimate. In financial year 2023 turnover was €7.6m.
- Is NUTRIPACK WAVRE profitable?
- In financial year 2025, NUTRIPACK WAVRE made a profit of €4.3m.
- Where can I find the annual accounts of NUTRIPACK WAVRE?
- NUTRIPACK WAVRE filed 33 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of NUTRIPACK WAVRE due?
- NUTRIPACK WAVRE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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