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PACK LINE

Active
Private limited companyfounded 199134 yrs activeKronkelpad 26, 2560 Nijlen, BelgiumKBO/BCE: BE 0445.540.893

PACK LINE has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €122k and a net result of €16k. Equity is growing by ~3.6% per year across the filed fiscal years. Its solvency ranks better than 71% of 7733 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
89 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▲+2
Solvency97▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 3.19 against 2.5 in 2024; short-term debt: 25.8% and cash: 32.6% of total assets), and 27.6% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 34 years 0 40 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
72.4%
Return on assets
9.5%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 09-03-2026, 52 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
52 d early
2024
44 d early
2023
47 d early
2022
67 d early
2021
60 d early
2020
60 d early
2019
80 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
20-09-2026 today30-09-2026 close30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€122k▲ 14.1%
2024 · €107k
2018: €92k 2019: €87k 2020: €92k 2021: €100k 2022: €96k 2023: €94k 2024: €107k
2018 → 2025
Total assets
€169k▲ 4.0%
2024 · €163k
2018: €135k 2019: €128k 2020: €142k 2021: €135k 2022: €131k 2023: €166k 2024: €163k
2018 → 2025
Net result
€16k▲ 18.9%
2024 · €13k
2018: €13k 2019: €104 2020: €6k 2021: €15k 2022: €1k 2023: €22k 2024: €13k
2018 → 2025
Working capital
€95k▲ 34.3%
2024 · €71k
2018: €85k 2019: €75k 2020: €87k 2021: €78k 2022: €75k 2023: €63k 2024: €71k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€100k-€96k▼ 4.2%€94k▼ 2.3%€107k▲ 14.3%€122k▲ 14.1%
Operating result€20k-€4k▼ 80.2%€33k▲ 753%€23k▼ 31.0%€26k▲ 13.6%
Net result€15k-€1k▼ 91.0%€22k▲ 1,529%€13k▼ 38.3%€16k▲ 18.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10k€20k€30kOperating result 2021: €20k€20kNet result 2021: €15k€15kOperating result 2022: €4k€4kNet result 2022: €1k€1kOperating result 2023: €33k€33kNet result 2023: €22k€22kOperating result 2024: €23k€23kNet result 2024: €13k€13kOperating result 2025: €26k€26kNet result 2025: €16k€16k20212022202320242025
The operating result recovers in 2025; 2025 is 14% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €169k
Fixed assets €30k▼ 31.7%
Current assets €139k▲ 17.3%
Equity and liabilities €169k
Equity €122k▲ 14.1%
Debt €47k▼ 15.6%
The debt ratio falls from 34.0% to 27.6%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€38k
2024 · €34k
Cash flow
€28k
2024 · €25k
Solvency
72.4%
2024 · 66.0%
Current ratio
3.19
2024 · 2.50
Quick ratio
3.01
2024 · 2.33
Debt / equity
0.38
2024 · 0.52
ROE
13.1%
2024 · 12.5%
ROA
9.5%
2024 · 8.3%
Interest coverage
27.86
2024 · 18.86
Debt
€47k
2024 · €55k
Debt ≤ 1 year
€44k
2024 · €47k
Debt > 1 year
€596
2024 · €4k
Income taxes
€9k
2024 · €8k
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€163k€169k
Fixed assets21/28€44k€30k
Tangible fixed assets22/27€42k€30k
Plant, machinery and equipment23€4k€3k
Furniture and vehicles24€38k€27k
Other tangible fixed assets26€600€450
Financial fixed assets28€2k-
Current assets29/58€118k€139k
Stocks and contracts in progress3€8k€8k
Stocks30/36€8k€8k
Amounts receivable within one year40/41€60k€73k
Trade receivables40€56k€71k
Other amounts receivable41€4k€3k
Cash at bank and in hand54/58€48k€55k
Deferred charges and accrued income490/1€3k€3k
Equity and liabilities
Total equity and liabilities10/49€163k€169k
Equity10/15€107k€122k
Contributions10/11€19k€19k=
Reserves13€89k€104k
Distributable reserves133€89k€104k
Amounts payable17/49€55k€47k
Amounts payable after more than one year17€4k€596
Financial debts170/4€4k€596
Amounts payable within one year42/48€47k€44k
Current portion of amounts payable after more than one year42€3k€3k
Financial debts43-€3k
Credit institutions430/8-€3k
Trade debts44€24k€20k
Suppliers440/4€24k€20k
Taxes, remuneration and social security45€4k€5k
Taxes450/3€4k€5k
Other amounts payable47/48€16k€13k
Accrued charges and deferred income492/3€4k€3k
Income statement Code20242025
Non-recurring operating income76A€2k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€12k
Other operating charges640/8€1k€3k
Non-recurring operating charges66A-€809
Gross operating margin9900€35k€42k
Operating profit (loss)9901€23k€26k
Financial income75/76B€21€29
Recurring financial income75€21€29
Financial charges65/66B€2k€1k
Recurring financial charges65€2k€1k
Profit (loss) for the period before taxes9903€21k€25k
Income taxes67/77€8k€9k
Profit (loss) for the period9904€13k€16k
Profit (loss) for the period to be appropriated9905€13k€16k
Appropriation of the result
Profit (loss) to be appropriated9906€13k€16k
Transfer from equity791/2-€833
Transfer to equity691/2€13k€16k
To the legal reserve6920€13k€16k
Profit to be distributed694/7-€833
Return on contributions (dividend)694-€833

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
09-03
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
17-03
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial Equity above €100kEq €107k ▲14.3%
7 profitable years in a row build equity to €107k.
14-03
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial Highest result since 2018net €22k ▲1529%
Operating result €33k, net result €22k, both a record.
22-02
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
01-03
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial Equity above €100kEq €100k ▲9.2%
4 profitable years in a row build equity to €100k.
01-03
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
10-02
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial Weakest financial yearnet €104 ▼99.2%
Net result drops to €104, the lowest in the series; recovery starts the following year.
20-02
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
15-02
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
16-02
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.

Directors · office · real estate

Directors
2 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, Nijlen · 1 establishment unit since 1991
establishment The establishment unit on the map
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.

Kronkelpad 262560 Nijlen
Ground area
830 m²
Building footprint
156 m²
Volume, LiDAR
762 m³
Parcel 12026B0294/00R000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Kronkelpad 26, 2560 Nijlen
NACE 2121001
since 19912.054.975.187
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12026B0294/00R000 Flanders 830 m² 1 · 156 m² 8.1 m · 2 fl.
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.

Similar companies · same sector, comparable size

Of 304 companies in sector 82920 we hold annual accounts for 198. 122 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded22-10-1991
Fiscal year end30-09
Activities, NACEBEL
21121
82920Office administrative, office support and other business support activities
17120Manufacture of paper and paper products
17210Manufacture of paper and paper products
46180Agents specialised in the wholesale of other particular products
46190Agents in non-specialised wholesale trade
49410Freight transport by road
49420Removal services
52100Warehousing and storage
70200Business and other management consultancy
70220Business consulting
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers

Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.