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Packsize

Active
Private limited companyfounded 20223 yrs activeInterleuvenlaan 62, 3001 Leuven, BelgiumKBO/BCE: BE 0792.787.433
Summary

The computed 12-month bankruptcy probability of Packsize is 3.9% (moderate). The 2025 annual accounts show equity of €20,033 and a net result of €7,890. Equity is growing by ~51% per year across the filed fiscal years. Its solvency ranks better than 14% of 407 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).

Checked score

Score 2025
Axes · tick = 2024
Profitability44▼-9
Solvency32▼-10
Growth78=
Track record86
Bankruptcy probability, 12 months
3.9% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.2 against 1.18 in 2024; short-term debt: 83.1% and cash: 6.6% of total assets), and 93.4% of the assets are financed with debt.
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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Recent warning signals
The last 24 months brought warning signals in the Staatsblad or the KBO, and those often pile up before a bankruptcy.
Belgian State Gazette
raises risk · Ex-officio strike-off
The KBO struck this company off ex officio, which points to unmet obligations and often precedes a bankruptcy.
KBO publications
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
6.6%
Return on assets
2.6%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 407 sector peers (2025).
NBB · sector comparison
Position among 407 sector peers
Solvency
better than 14%
← 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 16-07-2026, 15 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
15 d early
2024
2 d early
2023
343 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 109 days after the deadline; the sector median for financial year 2024 is 11 days before the deadline, and 32% of the sector filed late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck
Checked, nothing found (1)
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 months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline

History

On 24 October 2022, Packsize was incorporated as a Private limited company.1 Total assets went from EUR 10,000 in 2023 to EUR 302,993 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€20,033▲ 65.0%
2024 · €12,143
Total assets
€302,993▲ 312%
2024 · €73,464
Net result
€7,890▲ 75.6%
2024 · €4,494
Working capital
€50,356▲ 367%
2024 · €10,784
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202320242025
Operating result-€2,351-€5,992€11,723▲ 95.6%
Net result-€2,351-€4,494€7,890▲ 75.6%
Equity€7,649-€12,143▲ 58.8%€20,033▲ 65.0%
Total assets€10,000-€73,464▲ 635%€302,993▲ 312%
Debt€2,351-€61,320▲ 2,508%€282,960▲ 361%
Working capital€7,649-€10,784▲ 41.0%€50,356▲ 367%
Staff (FTE)1.62▲ 25.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Why a figure moved sharply
  • 2025 Total assets +312% on 2024. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
-€5,000€0€5,000€10,000Operating result 2023: -€2,351-€2,351Net result 2023: -€2,351-€2,351Operating result 2024: €5,992€5,992Net result 2024: €4,494€4,494Operating result 2025: €11,723€11,723Net result 2025: €7,890€7,890202320242025-€5,000€0€5,000€10,000Operating result 2023: -€2,351-€2,350Net result 2023: -€2,351-€2,350Operating result 2024: €5,992€5,990Net result 2024: €4,494€4,490Operating result 2025: €11,723€11,700Net result 2025: €7,890€7,890202320242025
The operating result has risen two years in a row; 2025 is 96% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €302,993
Fixed assets €793 ▼ 41.7%
Current assets €302,201 ▲ 319%
Equity and liabilities €302,993
Equity €20,033 ▲ 65.0%
Debt €282,960 ▲ 361%
Debt's share of the balance-sheet total rises from 83.5% to 93.4%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€12,289
Cash flow
€8,456
Current ratio
1.20▲
2024 · 1.18
Debt to equity
14.12▲
2024 · 5.05
ROE
39.4%▲
2024 · 37.0%
ROA
2.6%▼
2024 · 6.1%
Debt ≤ 1 year
€251,845▲
2024 · €61,320
Income taxes
€3,833▲
2024 · €1,498
Staff costs
€204,149▲
2024 · €110,970
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,136 companies that looked in July 2024 the way this one looks now, 4.9% went bankrupt within 24 months and 92% are still going.

  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet
4.9% went bankrupt
2.1% stopped otherwise
92% still going

A further 1.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 3.9% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,136 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 35 lines
Balance sheet Code20242025
Assets
Total assets20/58€73,464€302,993▲
Fixed assets21/28€1,359€793▼
Tangible fixed assets22/27€1,359€793▼
Plant, machinery and equipment23€1,359€793▼
Current assets29/58€72,105€302,201▲
Amounts receivable within one year40/41€52,105€281,801▲
Trade receivables40€52,064€281,156▲
Other amounts receivable41€41€645▲
Cash at bank and in hand54/58€20,000€20,000=
Deferred charges and accrued income490/1-€400
Equity and liabilities
Total equity and liabilities10/49€73,464€302,993▲
Equity10/15€12,143€20,033▲
Contributions10/11€10,000€10,000=
Profit (loss) carried forward14€2,143€10,033▲
Amounts payable17/49€61,320€282,960▲
Amounts payable within one year42/48€61,320€251,845▲
Trade debts44€52,147€239,216▲
Suppliers440/4€52,147€239,216▲
Taxes, remuneration and social security45€8,826€12,629▲
Taxes450/3€1,498€6,293▲
Remuneration and social security454/9€7,328€6,336▼
Other amounts payable47/48€347-
Accrued charges and deferred income492/3-€31,115
Income statement Code20242025
Remuneration, social security and pensions62€110,970€204,149▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€566
Other operating charges640/8€141-
Gross operating margin9900€117,102€216,437▲
Operating profit (loss)9901€5,992€11,723▲
Profit (loss) for the period before taxes9903€5,992€11,723▲
Income taxes67/77€1,498€3,833▲
Profit (loss) for the period9904€4,494€7,890▲
Profit (loss) for the period to be appropriated9905€4,494€7,890▲
Appropriation of the result
Profit (loss) to be appropriated9906€2,143€10,033▲
Profit (loss) brought forward from the previous period14P-€2,351€2,143▲
Social balance
Average headcount (FTE)90871.62.0▲

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Remuneration, social security and pensions62-€110,970€204,149▲ 84.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630--€566-
Other operating charges640/8-€141--
Gross operating margin9900-€2,351€117,102€216,437▲ 84.8%
Operating profit (loss)9901-€2,351€5,992€11,723▲ 95.6%
Profit (loss) for the period before taxes9903-€2,351€5,992€11,723▲ 95.6%
Income taxes67/77-€1,498€3,833▲ 156%
Profit (loss) for the period9904-€2,351€4,494€7,890▲ 75.6%
Profit (loss) for the period to be appropriated9905-€2,351€4,494€7,890▲ 75.6%
Line202320242025Change
Assets
Total assets20/58€10,000€73,464€302,993▲ 312%
Fixed assets21/28-€1,359€793▼ 41.7%
Tangible fixed assets22/27-€1,359€793▼ 41.7%
Plant, machinery and equipment23-€1,359€793▼ 41.7%
Current assets29/58€10,000€72,105€302,201▲ 319%
Amounts receivable within one year40/41€10,000€52,105€281,801▲ 441%
Trade receivables40€10,000€52,064€281,156▲ 440%
Other amounts receivable41-€41€645▲ 1,487%
Cash at bank and in hand54/58-€20,000€20,000=
Deferred charges and accrued income490/1--€400-
Equity and liabilities
Total equity and liabilities10/49€10,000€73,464€302,993▲ 312%
Equity10/15€7,649€12,143€20,033▲ 65.0%
Contributions10/11€10,000€10,000€10,000=
Profit (loss) carried forward14-€2,351€2,143€10,033▲ 368%
Amounts payable17/49€2,351€61,320€282,960▲ 361%
Amounts payable within one year42/48€2,351€61,320€251,845▲ 311%
Trade debts44€2,351€52,147€239,216▲ 359%
Suppliers440/4€2,351€52,147€239,216▲ 359%
Taxes, remuneration and social security45-€8,826€12,629▲ 43.1%
Taxes450/3-€1,498€6,293▲ 320%
Remuneration and social security454/9-€7,328€6,336▼ 13.5%
Other amounts payable47/48-€347--
Accrued charges and deferred income492/3--€31,115-
Line202320242025Change
Profit (loss) for the period9904-€2,351€4,494€7,890▲ 75.6%
+ Depreciation and write-downs630--€566-
Operating cash flow (approximation)-€2,351€4,494€8,456▲ 88.2%
Investment in fixed assets (approximation)--€0-
Change in cash--€0-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
16-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Highest result since 2023net €7,890 ▲75.6%
Operating result €11,723, net result €7,890, both a record.
29-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
09-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 343 days late
21-02
KBO administration Address struck
Bohemen 101 9260 Die Sitzadresse Bohemen 101 9260 Wichelen Wichelen · event 27-11-2024
2024
31-12
Financial Back to profitnet €4,494
Net result €4,494 after one loss-making year.
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
5 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, Leuven · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
9,445 m²
Building footprint
412 m²
Volume, LiDAR
2,601 m³
Parcel 24514C0086/00N000, Flanders · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
120 companies at this address See who is registered here
1 establishment unit
Packsize
Interleuvenlaan 62, 3001 LeuvenWholesale of other machinery and equipment
since 20222.388.800.687
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24514C0086/00N000 Flanders 9,445 m² 1 · 412 m² 7.3 m · 2 fl.
Linked by address, not proof of ownership
Good to know
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 46 companies in sector 28291 we hold annual accounts for 40. 12 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded24-10-2022
Fiscal year end31-12
Activities, NACEBEL 2025
28291Manufacture of machinery and equipment not elsewhere classified
46642Wholesale trade
46620Wholesale of machine tools
46649Wholesale of other machinery and equipment
E-invoicing
Reachable via Peppol
Peppol ID 9925:BE0792787433
Registered 25-05-2026

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.