Equity
Equity fell by 42% in 3 years.
Absorbed by MEDICAL PARTNERS in June 2020. The last annual accounts are for financial year 2019. The company was dissolved without liquidation.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
| Line | Trend | 2019 | 2018 | 2017 | 2016 | 2015 | 201418 months | 2012 | 2011 | 2010 | 200913 months |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||
20/58 |
2.6m | 2.5m | 2.5m | 2.6m | 2.5m | 2.6m | 21,345 | 126,981 | 187,919 | 247,526 | |
21/28 |
2.5m | 2.5m | 2.5m | 2.5m | 2.5m | 2.5m | - | 67,771 | 175,667 | 212,403 | |
22/27 |
- | - | - | - | - | - | - | 65,930 | 172,138 | 208,903 | |
23 |
- | - | - | - | - | - | - | 372 | 916 | 323 | |
26 |
- | - | - | - | - | - | - | 14,140 | 39,435 | 48,039 | |
28 |
2.5m | 2.5m | 2.5m | 2.5m | 2.5m | 2.5m | - | 1,842 | 3,529 | 3,500 | |
280/1 |
2.5m | 2.5m | 2.5m | 2.5m | - | - | - | - | - | - | |
280 |
2.5m | 2.5m | 2.5m | 2.5m | - | - | - | - | - | - | |
29/58 |
21,719 | 14,249 | 11,000 | 19,771 | 15,516 | 64,167 | 21,345 | 59,209 | 12,252 | 35,123 | |
40/41 |
6,320 | 9,320 | 6,320 | 9,805 | 2 | 48,992 | 392 | 58,353 | 1,495 | 27,943 | |
40 |
- | 3,000 | - | 7,987 | - | 48,400 | - | 58,080 | - | 27,518 | |
41 |
6,320 | 6,320 | 6,320 | 1,818 | 2 | 592 | 392 | 273 | 1,495 | 425 | |
54/58 |
14,960 | 4,366 | 477 | 3,549 | 5,375 | 1,286 | 20,953 | 549 | 8,765 | 4,303 | |
490/1 |
439 | 563 | 4,204 | 6,417 | 10,139 | 13,889 | - | 307 | 1,992 | 2,877 | |
| Balance sheet: equity and liabilities | |||||||||||
10/49 |
2.6m | 2.5m | 2.5m | 2.6m | 2.5m | 2.6m | 21,345 | 126,981 | 187,919 | 247,526 | |
10/15 |
411,872 | 398,473 | 387,183 | 705,100 | 702,130 | 700,638 | 20,622 | 18,858 | -36,105 | -6,285 | |
10/11 |
378,140 | 378,140 | 378,140 | 698,140 | 698,140 | 698,140 | 14,200 | 14,200 | 14,200 | 14,200 | |
100 |
378,140 | 378,140 | 378,140 | 698,140 | 698,140 | 698,140 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 4,400 | 4,400 | 4,400 | 4,400 | |
13 |
3,454 | 2,784 | 2,219 | 2,115 | 1,966 | 1,892 | 6,422 | 4,658 | - | - | |
130 |
3,454 | 2,784 | 2,219 | 2,115 | 1,966 | 1,892 | 1,860 | 1,860 | - | - | |
133 |
- | - | - | - | - | - | 4,562 | 2,798 | - | - | |
14 |
30,278 | 17,550 | 6,824 | 4,845 | 2,023 | 606 | - | - | -50,305 | -20,485 | |
17/49 |
2.1m | 2.1m | 2.2m | 1.8m | 1.8m | 1.9m | 722 | 108,123 | 224,024 | 253,811 | |
17 |
783,364 | 783,364 | 833,364 | 833,364 | 833,364 | 833,364 | - | 47,576 | 122,127 | 147,577 | |
170/4 |
783,364 | 783,364 | 833,364 | 833,364 | 833,364 | 833,364 | - | 47,576 | 122,127 | 147,577 | |
174 |
783,364 | 783,364 | 833,364 | 833,364 | - | - | - | - | - | - | |
42/48 |
1.3m | 1.4m | 1.3m | 1.0m | 998,831 | 1.0m | 722 | 58,869 | 99,287 | 106,234 | |
42 |
- | - | - | - | - | - | - | 13,398 | 25,450 | 24,113 | |
43 |
- | - | 100,000 | 300,000 | 500,000 | 700,000 | - | - | - | - | |
430/8 |
- | - | 100,000 | 300,000 | 500,000 | 700,000 | - | - | - | - | |
44 |
62 | 62 | 31 | - | - | - | 161 | 2,162 | 2,672 | 1,331 | |
440/4 |
62 | 62 | 31 | - | - | - | 161 | 2,162 | 2,672 | 1,331 | |
46 |
- | - | - | - | - | - | - | 2,000 | - | - | |
45 |
11,875 | 10,324 | 3,902 | 1,471 | 6,901 | 9,568 | 561 | 13,014 | - | 9,868 | |
450/3 |
11,875 | 10,324 | 3,902 | 1,471 | 6,901 | 9,568 | 561 | 13,014 | - | 9,868 | |
47/48 |
1.3m | 1.3m | 1.2m | 698,579 | 491,930 | 339,389 | - | 28,294 | 71,165 | 70,922 | |
492/3 |
13,253 | 11,803 | 14,605 | 14,621 | 14,555 | 14,572 | - | 1,678 | 2,610 | - | |
| Income statement | |||||||||||
70/76A |
99,931 | 98,683 | 97,539 | 95,636 | - | - | - | - | - | - | |
70 |
99,931 | 98,683 | 97,539 | 95,636 | - | - | - | - | - | - | |
9900 |
- | - | - | - | 88,732 | 140,783 | 3,358 | 90,876 | 20,904 | 28,049 | |
60/66A |
3,455 | 3,114 | 9,538 | 2,541 | - | - | - | - | - | - | |
61 |
2,485 | 2,184 | 4,529 | 1,873 | - | - | - | - | - | - | |
630 |
- | - | - | - | - | - | - | 18,767 | 37,926 | 40,659 | |
640/8 |
970 | 930 | 960 | 668 | 512 | 822 | 435 | 8,377 | 1,164 | 258 | |
66A |
- | - | 4,050 | - | - | 980 | - | - | - | - | |
9901 |
96,477 | 95,569 | 88,001 | 93,095 | 88,221 | 139,961 | 2,923 | 63,732 | -18,185 | -12,868 | |
75/76B |
540 | - | - | - | 3 | 3,829 | 37 | 78 | 40 | 0 | |
75 |
540 | - | - | - | 3 | 3,829 | 37 | 78 | 40 | 0 | |
752/9 |
540 | - | - | - | - | - | - | - | - | - | |
65/66B |
74,444 | 76,789 | 84,845 | 88,768 | 85,963 | 141,844 | 627 | 6,617 | 11,675 | 7,617 | |
65 |
74,444 | 76,789 | 84,845 | 88,768 | 85,963 | 141,844 | 627 | 6,617 | 11,675 | 7,617 | |
650 |
74,353 | 74,540 | 80,910 | 84,904 | - | - | - | - | - | - | |
652/9 |
91 | 2,249 | 3,935 | 3,864 | - | - | - | - | - | - | |
9903 |
22,573 | 18,780 | 3,156 | 4,327 | 2,260 | 967 | 2,333 | 57,193 | -29,820 | -20,485 | |
67/77 |
9,174 | 7,490 | 1,073 | 1,357 | 768 | 329 | 569 | 2,230 | - | 0 | |
670/3 |
9,174 | 7,490 | 1,073 | 1,357 | - | - | - | - | - | - | |
9904 |
13,399 | 11,290 | 2,083 | 2,970 | 1,492 | 638 | 1,765 | 54,963 | -29,820 | -20,485 | |
9905 |
13,399 | 11,290 | 2,083 | 2,970 | 1,492 | 638 | 1,765 | 54,963 | -29,820 | -20,485 | |
| Appropriation of the result | |||||||||||
9906 |
30,948 | 18,114 | 6,928 | 4,993 | 2,098 | 638 | 1,765 | 4,658 | -50,305 | -20,485 | |
691/2 |
670 | 565 | 104 | 149 | 75 | 32 | 1,765 | 4,658 | - | - | |
6920 |
670 | 565 | 104 | 149 | 75 | 32 | - | 1,860 | - | - | |
6921 |
- | - | - | - | - | - | 1,765 | 2,798 | - | - | |
| Document | |||||||||||
Source: Annual accounts 2019 (PDF), filed on 12-12-2019.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2019 | full format | 12-12-2019 | 2019-75900140 | |
| 30-06-2018 | full format | 10-01-2019 | 2019-00800423 | |
| 30-06-2017 | full format | 05-01-2018 | 2018-01300231 | |
| 30-06-2016 | full format | 16-12-2016 | 2016-70300058 | |
| 30-06-2015 | abbreviated format | 18-12-2015 | 2015-69500520 | |
| 30-06-2014 | abbreviated format | 04-01-2015 | 2015-00100395 | |
| 31-12-2012 | abbreviated format | 01-08-2013 | 2013-38300452 | |
| 31-12-2011 | abbreviated format | 23-07-2012 | 2012-32800409 | |
| 31-12-2010 | abbreviated format | 26-08-2011 | 2011-46300232 | |
| 31-12-2009 | abbreviated format | 25-08-2010 | 2010-45000251 |
| Line | Trend | 2019 | 2018 | 2017 | 2016 | 2015 | 201418 months | 2012 | 2011 | 2010 | 200913 months |
|---|---|---|---|---|---|---|---|---|---|---|---|
| - | - | - | - | - | - | - | 82,499 | 19,741 | 27,791 | ||
| - | - | - | - | - | - | - | 73,730 | 8,106 | 20,174 | ||
| - | - | - | - | - | 2.5m | - | -89,128 | 1,190 | 253,062 | ||
| 10,594 | 3,889 | -3,072 | -1,827 | 4,089 | -19,667 | 20,404 | -8,216 | 4,463 | - | ||
| -1.3m | -1.3m | -1.3m | -980,279 | -983,315 | -984,790 | 20,622 | 341 | -87,035 | -71,111 | ||
| 96.5% | 96.8% | 90.2% | 97.3% | - | - | - | - | - | - | ||
| 16.1% | 15.6% | 15.2% | 27.6% | 27.5% | 27.0% | 96.6% | 14.9% | -19.2% | -2.5% | ||
| 0.02 | 0.01 | 0.01 | 0.02 | 0.02 | 0.06 | 29.55 | 1.01 | 0.12 | 0.33 | ||
| 5.20 | 5.39 | 5.57 | 2.62 | 2.63 | 2.71 | 0.04 | 5.73 | - | - | ||
| 3.3% | 2.8% | 0.5% | 0.4% | 0.2% | 0.1% | 8.6% | 291.5% | - | - | ||
| 0.5% | 0.4% | 0.1% | 0.1% | 0.1% | 0.0% | 8.3% | 43.3% | -15.9% | -8.3% | ||
| 23 days | 11 days | 24 days | 30 days | - | - | - | - | - | - | ||
| 9 days | 10 days | 2 days | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
The operating result for 2019 is 1% higher than in 2018 and the highest since 2014. It is the second rise in a row, after the fall in 2017.
Debt's share of the balance-sheet total falls from 84.4% to 83.9%. Equity is higher and debt is lower.
Source: lists of holdings in the owners' accounts
Source: list of holdings in its own 30-06-2019 accounts. Holdings that file themselves stand with their latest accounts, the others with the amounts of that list, in their own currency.
via (at PACKAGING TEAM, last mentioned in 2015) and (at PACKAGING TEAM, last mentioned in 2015) · deed of 07-09-2023 founded in 2016 · negative equity (2023) · accounts filed late |
total assets €13,771 (2023) |
via , at PACKAGING TEAM, last mentioned in 2015 · Director (not named in the articles) · deed of 21-11-2024 founded in 2024 · negative equity (2025) |
total assets €2,028 (2025) |
via , at PACKAGING TEAM, last mentioned in 2015 · Director · deed of 28-08-2023 founded in 2022 |
total assets €142.1m (2025) |
via , at PACKAGING TEAM, last mentioned in 2015 · Managing director · deed of 27-01-2020 founded in 1982 |
total assets €118.2m (2025) |
via (at PACKAGING TEAM, last mentioned in 2015) and (at PACKAGING TEAM, last mentioned in 2015) · deeds of 03-10-2023 and 17-07-2020 founded in 2017 |
27 FTE (2025) |
via , at PACKAGING TEAM, last mentioned in 2015 · Director · deed of 08-09-2022 founded in 2007 |
29 FTE (2025) |
via (at PACKAGING TEAM, last mentioned in 2015) and (at PACKAGING TEAM, last mentioned in 2015) · deeds of 29-10-2024 and 06-01-2021 founded in 2014 |
total assets €49.4m (2025) |
via , at PACKAGING TEAM, last mentioned in 2015 · Managing director · deed of 08-07-2022 founded in 2010 |
66 FTE (2025) |
via (at PACKAGING TEAM, last mentioned in 2015) and (at PACKAGING TEAM, last mentioned in 2015) · deeds of 15-01-2026 and 04-10-2019 founded in 2013 |
turnover €1.7m (2025) |
via , at PACKAGING TEAM, last mentioned in 2015 · Managing director · deed of 26-06-2023 founded in 2020 |
total assets €29.2m (2025) |
via (at PACKAGING TEAM, last mentioned in 2015) and (at PACKAGING TEAM, last mentioned in 2015) · deeds of 24-03-2025 and 06-12-2019 founded in 2019 |
8 FTE (2025) |
via (at PACKAGING TEAM, last mentioned in 2015) and (at PACKAGING TEAM, last mentioned in 2015) · Permanent representative · deeds of 06-05-2026 and 26-08-2024 founded in 2023 |
total assets €14.3m (2025) |
via , at PACKAGING TEAM, last mentioned in 2015 · Permanent representative · deed of 26-08-2024 founded in 2023 |
total assets €13.2m (2025) |
via (at PACKAGING TEAM, last mentioned in 2015) and (at PACKAGING TEAM, last mentioned in 2015) · Director (not named in the articles) · deed of 19-12-2023 founded in 2017 |
total assets €12.3m (2025) |
via , at PACKAGING TEAM, last mentioned in 2015 · Statutory director · deed of 17-11-2023 founded in 2016 |
total assets €6.5m (2025) |
via , at PACKAGING TEAM, last mentioned in 2015 · Director · deed of 08-12-2020 founded in 1988 |
16 FTE (2025) |
via , at PACKAGING TEAM, last mentioned in 2015 · Director · deed of 29-06-2022 founded in 2010 |
4.9 FTE (2025) |
via , at PACKAGING TEAM, last mentioned in 2015 · Director · deed of 04-10-2018 founded in 2018 |
25 FTE (2025) |
via , at PACKAGING TEAM, last mentioned in 2015 · Director · deed of 29-06-2022 founded in 1987 |
4 FTE (2025) |
via , at PACKAGING TEAM, last mentioned in 2015 · Managing director · deed of 16-11-2022 founded in 1989 |
24 FTE (2025) |
via , at PACKAGING TEAM, last mentioned in 2015 · Director · deed of 12-11-2021 founded in 1992 |
4 FTE (2025) |
via , at PACKAGING TEAM, last mentioned in 2015 · Permanent representative · deed of 07-07-2025 founded in 2017 |
total assets €1.1m (2025) |
via , at PACKAGING TEAM, last mentioned in 2015 · Managing director · deed of 21-05-2024 No longer active |
25 FTE (2024) |
via (at PACKAGING TEAM, last mentioned in 2015) and (at PACKAGING TEAM, last mentioned in 2015) · Director · deeds of 17-07-2020 and 12-08-2014 No longer active |
36 FTE (2024) |
via , at PACKAGING TEAM, last mentioned in 2015 · Director · deed of 08-12-2020 No longer active |
total assets €16.4m (2024) |
via , at PACKAGING TEAM, last mentioned in 2015 · Director · deed of 16-11-2022 No longer active |
35 FTE (2024) |
via (at PACKAGING TEAM, last mentioned in 2015) and (at PACKAGING TEAM, last mentioned in 2015) · deeds of 17-07-2020 and 12-09-2014 No longer active |
25 FTE (2024) |
via (at PACKAGING TEAM, last mentioned in 2015) and (at PACKAGING TEAM, last mentioned in 2015) · Director · deeds of 17-07-2020 and 13-10-2015 No longer active |
18 FTE (2024) |
via , at PACKAGING TEAM, last mentioned in 2015 · Director · deed of 16-11-2022 No longer active |
1 FTE (2022) |
via , at PACKAGING TEAM, last mentioned in 2015 · Director · deed of 21-05-2024 No longer active |
3 FTE (2024) |
via , at PACKAGING TEAM, last mentioned in 2015 · Director · deed of 16-11-2022 No longer active |
total assets €568,615 (2022) |
via , at PACKAGING TEAM, last mentioned in 2015 · Director · deed of 05-11-2021 No longer active |
total assets €300,620 (2024) |
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
PACKAGING TEAM has filed 10 sets of annual accounts, the latest for financial year 2019.1 In 2020 the company was absorbed by merger into MEDICAL PARTNERS.2
Articles of association, deed of 22-05-2020 (in Dutch)
PACKAGING TEAM is no longer in the KBO register. MEDICAL PARTNERS took it over in a merger by absorption, published in the Belgian Official Gazette on 23 July 2020.
If something looks wrong or is missing, please tell us.