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Packaging PrintCo

Active Risk: not assessed
Public limited companyfounded 2018active for 8 yearsWestlaan 2, 8560 Wevelgem, BelgiumKBO/BCE: BE 0701.960.690
Summary

Packaging PrintCo 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 €213.4m and a net result of €32.0m, of which €26.6m non-recurring income. Equity is growing by about 28% per year across the filed financial years. Its solvency ranks better than 70% of 3,011 sector peers (NACE 64, financial year 2025). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.

History

On 31 August 2018, Packaging PrintCo was incorporated.1 A capital increase in 2025 brought the capital to €117.5m.2 Total assets went from €43.5m in 2019 to €260.9m in 2025 and headcount from 2 full-time equivalents in 2022 to 13.4 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 11-04-2025
  3. 3National Bank, annual accounts 2019, 2022 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
16-07
NBB filing Annual accounts filed
financial year 2025 · full format
2025
31-12
Financial Highest result from 2019 to 2025net €32.0m ▲140%
Net result €32.0m, the highest in the series.
30-12
Gazette deed Capital & shares · Amendment of the articles
Approval · Kind of shares · Capital6 facts ▸
  • Other provision, sole shareholder, “in the deed” (deed in Dutch)
  • General meeting, “buitengewone algemene vergadering” (deed in Dutch)
  • Approval, “afschaffing soorten van aandelen en omzetting winstbewijzen in gewone aandelen, goedkeuring verslag bestuursorgaan” (deed in Dutch)
  • Kind of shares, “soorten van aandelen, gewone aandelen” (deed in Dutch)
  • Amendment of the articles
  • Capital, €117,535,712.40
14-10
Gazette deed Reappointments: Nicolas D'heygere BV (director) and Callens Vandelanotte NV (statutory auditor)
Permanent representative: Nicolas D'Heygere5 facts ▸
  • General meeting, 30-06-2025
  • Director reappointment, Nicolas D'heygere BV (director)
  • Permanent representative, Nicolas D'Heygere
  • Auditor reappointment, Callens Vandelanotte NV (statutory auditor)
  • Director in office, DECLERCK CONSULTING BV (managing director)
08-07
NBB filing Annual accounts filed
financial year 2024 · full format
08-07
NBB filing Annual accounts filed
financial year 2024 · consolidated
11-04
Gazette deed Capital & shares · Amendment of the articles
Registered office clause · Capital increase4 facts ▸
  • General meeting, “buitengewone algemene vergadering van de aandeelhouders” (deed in Dutch)
  • Registered office clause, “Westlaan 2,8560 Gullegem, rechtspersonenregister van Gent(afdeling Kortrijk)” (deed in Dutch)
  • Capital increase, €2,000,000
  • Amendment of the articles, 5.1
2024
15-07
NBB filing Annual accounts filed
financial year 2023 · full format
15-07
NBB filing Annual accounts filed
financial year 2023 · consolidated
27-06
Gazette deed Reappointment: Declerck Consulting BV (director)
Permanent representative: Declerck Ives4 facts ▸
  • General meeting, 29-05-2024
  • Director reappointment, Declerck Consulting BV (director)
  • Permanent representative, Declerck Ives
  • Other provision, “signature block caption, instrumenting notary or persons authorised to represent legal person” (deed in Dutch)
2023
19-09
Gazette deed Resignation: StandbyCo 5 BV (director)
Appointment: Vincent Nykjaer BV (director) · Permanent representative: Vincent Nykjaer4 facts ▸
  • General meeting, 30-06-2023
  • Director resignation, StandbyCo 5 BV (director)
  • Director appointment, Vincent Nykjaer BV (director)
  • Permanent representative, Vincent Nykjaer
16-08
NBB filing Annual accounts filed
financial year 2022 · consolidated
Show earlier events
12-07
NBB filing Annual accounts filed
financial year 2022 · full format
2022
31-12
Financial Back to profitnet €28.7m
Net result €28.7m after 3 loss-making years.
31-12
Financial Equity above €100mequity €122.8m ▲73.8%
Equity rises from €70.7m to €122.8m.
19-07
NBB filing Annual accounts filed
financial year 2021 · full format
2021
31-12
Financial Weakest financial yearnet -€2.5m
Net result drops to -€2.5m, the lowest in the series; recovery starts the following year.
31-12
Financial Equity above €50mequity €70.7m ▲74.1%
Equity rises from €40.6m to €70.7m.
09-07
NBB filing Annual accounts filed
financial year 2020 · full format
2020
31-12
Financial Liquidity more than 382 timescurrent ratio 16.34
Current ratio from 0.04 to 16.34; short-term debt falls from €4.7m to €750,077.
31-12
Financial Equity above €25mequity €40.6m ▲84.6%
Equity rises from €22.0m to €40.6m.
24-06
NBB filing Annual accounts filed
financial year 2019 · full format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
5 of 35 deeds read
About the unread acts

Of the 35 Belgian Official Gazette deeds we know for this company, 5 have been read. The other 30 have not been read yet: what they contain is neither established nor disproved here.

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