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Packyard BE

Active
Public limited companyfounded 197055 yrs activeVenecoweg 24, 9810 Nazareth-De Pinte, BelgiumKBO/BCE: BE 0407.900.836
Summary

Packyard BE has been active since 1970 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €20.0m and a net result of €1.0m. Equity is growing by ~7.4% per year across the filed fiscal years. Its solvency ranks better than 71% of 199 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability63▲+2
Solvency86▲+2
Growth69=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,450,000 at 30 days acceptable
Liquidity ample (current ratio 2.75 against 2.94 in 2023; short-term debt: 27.8% and cash: 3.6% of total assets), and 39% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
highest failure risk from 2 to 8 years 55 years 0 60 y
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
61%
Return on assets
3.1%
Age of the figures
21 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 18
Relative position
BE, all sectors
reference
Printing and reproduction of recorded media (NACE 18)
about 11% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-07-2025, 24 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
24 d early
2023
2 d early
2022
30 d late
2021
25 d late
2020
2 d early
2019
60 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 15 days after the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 38% of the sector filed late.

Checked, nothing found (1)
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

History

Packyard BE was incorporated on 31 December 1970.1 Revenue grew from EUR 26 million in 2018 to EUR 35 million in 2024 and headcount from 77 to 90.6 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, full schema

Turnover
€35.3m▲ 3.5%
2023 · €34.1m
EBIT margin
2.7%▼ 0.1pp
2023 · 2.7%
Net result
€1.0m▲ 10.9%
2023 · €919,943
Working capital
€15.9m▼ 6.6%
2023 · €17.0m
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 18, Printing and reproduction of recorded media, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Turnover€29.7m▲ 7.1%€30.0m▲ 1.3%€33.0m▲ 9.7%€34.1m▲ 3.5%€35.3m▲ 3.5%
Operating result€1.9m▲ 975%€2.4m▲ 31.0%€1.1m▼ 56.3%€937,780▼ 12.4%€948,648▲ 1.2%
Net result€1.6mabove the sector's middle half▲ 519%€2.0mabove the sector's middle half▲ 25.3%€1.4mabove the sector's middle half▼ 33.0%€919,943above the sector's middle half▼ 32.5%€1.0mabove the sector's middle half▲ 10.9%
EBIT margin6.3%▲ 5.7pp8.1%▲ 1.8pp3.2%▼ 4.9pp2.7%▼ 0.5pp2.7%▼ 0.1pp
Equity€14.8mabove the sector's middle half▲ 11.9%€16.9mabove the sector's middle half▲ 13.6%€18.1mabove the sector's middle half▲ 7.1%€19.0mabove the sector's middle half▲ 5.1%€20.0mabove the sector's middle half▲ 5.4%
Total assets€32.2mabove the sector's middle half▲ 1.8%€30.6mabove the sector's middle half▼ 4.8%€33.7mabove the sector's middle half▲ 10.0%€32.0mabove the sector's middle half▼ 5.1%€32.7mabove the sector's middle half▲ 2.4%
Debt€17.3m▼ 5.2%€13.7m▼ 20.5%€15.6m▲ 13.7%€13.0m▼ 16.9%€12.7m▼ 2.0%
Working capital€14.8mabove the sector's middle half▲ 21.4%€16.3mabove the sector's middle half▲ 10.3%€16.5mabove the sector's middle half▲ 1.2%€17.0mabove the sector's middle half▲ 3.3%€15.9mabove the sector's middle half▼ 6.6%
Solvency46.1%within the sector's middle half▲ 4.1pp55.0%within the sector's middle half▲ 8.9pp53.6%within the sector's middle half▼ 1.5pp59.3%within the sector's middle half▲ 5.8pp61.0%within the sector's middle half▲ 1.7pp
Current ratio2.37within the sector's middle half▲ 0.242.98above the sector's middle half▲ 0.612.52within the sector's middle half▼ 0.462.94within the sector's middle half▲ 0.422.75within the sector's middle half▼ 0.19
Return on assets (ROA)5.0%within the sector's middle half▲ 4.2pp6.6%within the sector's middle half▲ 1.6pp4.0%within the sector's middle half▼ 2.6pp2.9%within the sector's middle half▼ 1.2pp3.1%within the sector's middle half▲ 0.2pp
Staff (FTE)89.8above the sector's middle half▲ 6.3%89.6above the sector's middle half▼ 0.2%91.5above the sector's middle half▲ 2.1%92above the sector's middle half▲ 0.5%90.6above the sector's middle half▼ 1.5%
above within below the middle half (P25 to P75) of NACE 18, Printing and reproduction of recorded media, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
€0€1.0m€2.0mOperating result 2020: €1.9m€1.9mNet result 2020: €1.6m€1.6mOperating result 2021: €2.4m€2.4mNet result 2021: €2.0m€2.0mOperating result 2022: €1.1m€1.1mNet result 2022: €1.4m€1.4mOperating result 2023: €937,780€937,780Net result 2023: €919,943€919,943Operating result 2024: €948,648€948,648Net result 2024: €1.0m€1.0m20202021202220232024€0€500,000€1m€1.5mOperating result 2022: €1.1m€1.1mNet result 2022: €1.4m€1.4mOperating result 2023: €937,780€938,000Net result 2023: €919,943€920,000Operating result 2024: €948,648€949,000Net result 2024: €1.0m€1m202220232024
The operating result recovers in 2024; 2024 is 1% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €32.7m
Fixed assets €7.7m ▲ 25.8%
Current assets €25.0m ▼ 3.2%
Equity and liabilities €32.7m
Equity €20.0m ▲ 5.4%
Provisions €29,023 ▲ 82.5%
Debt €12.7m ▼ 2.0%
Debt's share of the balance-sheet total falls from 40.6% to 38.9%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€2.2m▲
2023 · €2.1m
Cash flow
€2.2m▲
2023 · €2.1m
Quick ratio
2.37▼
2023 · 2.48
Debt to equity
0.64▼
2023 · 0.68
ROE
5.1%▲
2023 · 4.8%
Interest coverage
8.18▲
2023 · 5.65
Debt ≤ 1 year
€9.1m▲
2023 · €8.8m
Debt > 1 year
€1.6m▼
2023 · €1.9m
Income taxes
€357,447▲
2023 · €356,035
Staff costs
€6.8m▲
2023 · €6.6m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,860 companies that looked in July 2024 the way this one looks now, 0.1% went bankrupt within 24 months and 98% are still going.

  • Medium-sized
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.1% went bankrupt
2.0% stopped otherwise
98% still going

For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,662 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% 1.7%
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 75% 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 1,860 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 · 2024 against 2023 · 91 lines
Balance sheet Code20232024
Assets
Total assets20/58€32.0m€32.7m▲
Fixed assets21/28€6.2m€7.7m▲
Intangible fixed assets21€1,541€1,114▼
Tangible fixed assets22/27€5.3m€6.8m▲
Land and buildings22€1.2m€1.3m▲
Plant, machinery and equipment23€1.8m€3.8m▲
Furniture and vehicles24€546,326€485,799▼
Leasing and similar rights25€1.7m€1.4m▼
Financial fixed assets28€897,967€898,084=
Affiliated companies280/1€874,298€874,298=
Participating interests280€874,298€874,298=
Other financial fixed assets284/8€23,669€23,786▲
Amounts receivable and cash guarantees285/8€23,669€23,786▲
Current assets29/58€25.8m€25.0m▼
Amounts receivable after more than one year29€1.7m€1.7m=
Other amounts receivable291€1.7m€1.7m=
Stocks and contracts in progress3€4.0m€3.4m▼
Stocks30/36€2.5m€2.1m▼
Raw materials and consumables30/31€2.5m€2.1m▼
Contracts in progress37€1.4m€1.3m▼
Amounts receivable within one year40/41€17.7m€18.3m▲
Trade receivables40€5.9m€5.7m▼
Other amounts receivable41€11.8m€12.6m▲
Cash at bank and in hand54/58€2.1m€1.2m▼
Deferred charges and accrued income490/1€327,969€394,500▲
Equity and liabilities
Total equity and liabilities10/49€32.0m€32.7m▲
Equity10/15€19.0m€20.0m▲
Contributions10/11€1.5m€1.5m=
Capital10€1.5m€1.5m=
Issued capital100€1.5m€1.5m=
Reserves13€4.6m€5.1m▲
Non-distributable reserves130/1€150,000€150,000=
Legal reserve130€150,000€150,000=
Tax-exempt reserves132€2.2m€2.4m▲
Distributable reserves133€2.3m€2.6m▲
Profit (loss) carried forward14€12.8m€13.4m▲
Provisions and deferred taxes16€15,900€29,023▲
Deferred taxes168€15,900€29,023▲
Amounts payable17/49€13.0m€12.7m▼
Amounts payable after more than one year17€1.9m€1.6m▼
Financial debts170/4€1.9m€1.6m▼
Leasing and similar obligations172€1.9m€1.6m▼
Amounts payable within one year42/48€8.8m€9.1m▲
Current portion of amounts payable after more than one year42€288,740€294,820▲
Financial debts43€1.5m€500,000▼
Credit institutions430/8€1.5m€500,000▼
Trade debts44€1.7m€3.4m▲
Suppliers440/4€1.7m€3.4m▲
Taxes, remuneration and social security45€1.3m€1.4m▲
Taxes450/3€453,215€484,366▲
Remuneration and social security454/9€884,898€869,315▼
Other amounts payable47/48€3.9m€3.6m▼
Accrued charges and deferred income492/3€2.3m€2.0m▼
Income statement Code20232024
Operating income70/76A€34.7m€36.0m▲
Turnover70€34.1m€35.3m▲
Change in stocks of work in progress, finished goods and contracts in progress71-€286,355-€129,801▲
Other operating income74€684,150€703,617▲
Non-recurring operating income76A€129,207€84,601▼
Operating charges60/66A€33.7m€35.0m▲
Goods for resale, raw materials and consumables60€20.6m€21.5m▲
Purchases600/8€18.9m€21.1m▲
Change in stocks: decrease (increase)609€1.6m€406,858▼
Services and other goods61€5.2m€5.2m▲
Remuneration, social security and pensions62€6.6m€6.8m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.2m€1.2m▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€2,238€1,859▼
Other operating charges640/8€108,847€84,994▼
Non-recurring operating charges66A€28,567€248,259▲
Operating profit (loss)9901€937,780€948,648▲
Financial income75/76B€746,782€735,057▼
Recurring financial income75€746,782€735,057▼
Income from current assets751€483,582€517,838▲
Other financial income752/9€263,200€217,219▼
Financial charges65/66B€415,113€293,149▼
Recurring financial charges65€415,113€293,149▼
Debt charges650€378,540€264,136▼
Other financial charges652/9€36,573€29,013▼
Profit (loss) for the period before taxes9903€1.3m€1.4m▲
Transfer from deferred taxes780€6,528€7,252▲
Transfer to deferred taxes680-€20,375
Income taxes67/77€356,035€357,447▲
Taxes670/3€356,035€357,447▲
Profit (loss) for the period9904€919,943€1.0m▲
Transfer from tax-exempt reserves789€19,585€276,594▲
Transfer to tax-exempt reserves689€421,000€482,125▲
Profit (loss) for the period to be appropriated9905€518,528€814,455▲
Appropriation of the result
Profit (loss) to be appropriated9906€12.8m€13.6m▲
Profit (loss) brought forward from the previous period14P€12.3m€12.8m▲
Transfer to equity691/2-€254,838
To other reserves6921-€254,838
Social balance
Average headcount (FTE)908792.090.6▼

The notes to these accounts (69 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Operating income70/76A-€31.0m€34.0m€34.7m€36.0m▲ 3.9%
Turnover70€29.7m€30.0m€33.0m€34.1m€35.3m▲ 3.5%
Change in stocks of work in progress, finished goods and contracts in progress71-€180,403€394,495-€286,355-€129,801▲ 54.7%
Other operating income74-€619,301€638,089€684,150€703,617▲ 2.8%
Non-recurring operating income76A-€134,406€44,813€129,207€84,601▼ 34.5%
Operating charges60/66A-€28.5m€33.0m€33.7m€35.0m▲ 3.9%
Goods for resale, raw materials and consumables60-€17.4m€20.2m€20.6m€21.5m▲ 4.6%
Purchases600/8-€17.9m€22.0m€18.9m€21.1m▲ 11.6%
Change in stocks: decrease (increase)609--€523,348-€1.8m€1.6m€406,858▼ 75.3%
Services and other goods61-€3.9m€5.5m€5.2m€5.2m▲ 0.2%
Remuneration, social security and pensions62-€5.3m€5.9m€6.6m€6.8m▲ 2.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2.4m€1.7m€1.2m€1.2m€1.2m▲ 0.9%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€65,373€9,966€2,238€1,859▼ 16.9%
Other operating charges640/8-€76,175€75,665€108,847€84,994▼ 21.9%
Non-recurring operating charges66A-€588€2,747€28,567€248,259▲ 769%
Operating profit (loss)9901€1.9m€2.4m€1.1m€937,780€948,648▲ 1.2%
Financial income75/76B-€599,011€934,658€746,782€735,057▼ 1.6%
Recurring financial income75€564,094€599,011€934,658€746,782€735,057▼ 1.6%
Income from current assets751-€394,421€330,760€483,582€517,838▲ 7.1%
Other financial income752/9-€204,589€603,898€263,200€217,219▼ 17.5%
Financial charges65/66B-€224,322€181,060€415,113€293,149▼ 29.4%
Recurring financial charges65€233,291€224,322€181,060€415,113€293,149▼ 29.4%
Debt charges650€189,654€163,244€149,330€378,540€264,136▼ 30.2%
Other financial charges652/9-€61,078€31,730€36,573€29,013▼ 20.7%
Profit (loss) for the period before taxes9903€2.2m€2.8m€1.8m€1.3m€1.4m▲ 9.5%
Transfer from deferred taxes780-€42,306€28,695€6,528€7,252▲ 11.1%
Transfer to deferred taxes680-€32,641--€20,375-
Income taxes67/77€632,003€797,656€490,342€356,035€357,447▲ 0.4%
Taxes670/3-€797,656€490,342€356,035€357,447▲ 0.4%
Profit (loss) for the period9904€1.6m€2.0m€1.4m€919,943€1.0m▲ 10.9%
Transfer from tax-exempt reserves789-€126,990€9,565€19,585€276,594▲ 1,312%
Transfer to tax-exempt reserves689-€939,923€799,900€421,000€482,125▲ 14.5%
Profit (loss) for the period to be appropriated9905€1.8m€1.2m€572,213€518,528€814,455▲ 57.1%
Line20202021202220232024Change
Assets
Total assets20/58€32.2m€30.6m€33.7m€32.0m€32.7m▲ 2.4%
Fixed assets21/28€6.6m€6.1m€6.3m€6.2m€7.7m▲ 25.8%
Intangible fixed assets21--€1,968€1,541€1,114▼ 27.7%
Tangible fixed assets22/27€6.1m€5.6m€5.4m€5.3m€6.8m▲ 30.2%
Land and buildings22-€1.3m€1.2m€1.2m€1.3m▲ 2.1%
Plant, machinery and equipment23-€1.7m€1.9m€1.8m€3.8m▲ 112%
Furniture and vehicles24-€177,052€235,542€546,326€485,799▼ 11.1%
Leasing and similar rights25-€2.4m€2.1m€1.7m€1.4m▼ 21.1%
Financial fixed assets28€511,914€519,432€909,056€897,967€898,084=
Affiliated companies280/1-€486,348€874,298€874,298€874,298=
Participating interests280-€486,348€874,298€874,298€874,298=
Other financial fixed assets284/8-€33,084€34,758€23,669€23,786▲ 0.5%
Amounts receivable and cash guarantees285/8-€33,084€34,758€23,669€23,786▲ 0.5%
Current assets29/58€25.6m€24.5m€27.4m€25.8m€25.0m▼ 3.2%
Amounts receivable after more than one year29-€600,000€1.7m€1.7m€1.7m=
Other amounts receivable291-€600,000€1.7m€1.7m€1.7m=
Stocks and contracts in progress3€1.9m€3.8m€5.9m€4.0m€3.4m▼ 13.5%
Stocks30/36-€2.4m€4.2m€2.5m€2.1m▼ 16.1%
Raw materials and consumables30/31-€2.4m€4.2m€2.5m€2.1m▼ 16.1%
Contracts in progress37-€1.3m€1.7m€1.4m€1.3m▼ 9.0%
Amounts receivable within one year40/41€17.7m€15.6m€17.7m€17.7m€18.3m▲ 3.0%
Trade receivables40-€5.1m€5.7m€5.9m€5.7m▼ 4.4%
Other amounts receivable41-€10.5m€12.0m€11.8m€12.6m▲ 6.8%
Cash at bank and in hand54/58€3.9m€4.2m€1.9m€2.1m€1.2m▼ 42.8%
Deferred charges and accrued income490/1-€353,916€221,354€327,969€394,500▲ 20.3%
Equity and liabilities
Total equity and liabilities10/49€32.2m€30.6m€33.7m€32.0m€32.7m▲ 2.4%
Equity10/15€14.8m€16.9m€18.1m€19.0m€20.0m▲ 5.4%
Contributions10/11€1.5m€1.5m€1.5m€1.5m€1.5m=
Capital10-€1.5m€1.5m€1.5m€1.5m=
Issued capital100-€1.5m€1.5m€1.5m€1.5m=
Reserves13€2.6m€3.5m€4.2m€4.6m€5.1m▲ 9.9%
Non-distributable reserves130/1-€150,000€150,000€150,000€150,000=
Legal reserve130-€150,000€150,000€150,000€150,000=
Tax-exempt reserves132-€1.0m€1.8m€2.2m€2.4m▲ 9.4%
Distributable reserves133-€2.3m€2.3m€2.3m€2.6m▲ 11.0%
Profit (loss) carried forward14€10.5m€11.7m€12.3m€12.8m€13.4m▲ 4.4%
Investment grants15-€145,800----
Provisions and deferred taxes16€57,919€31,993€22,428€15,900€29,023▲ 82.5%
Deferred taxes168-€31,993€22,428€15,900€29,023▲ 82.5%
Amounts payable17/49€17.3m€13.7m€15.6m€13.0m€12.7m▼ 2.0%
Amounts payable after more than one year17€3.6m€2.9m€2.2m€1.9m€1.6m▼ 15.6%
Financial debts170/4-€2.9m€2.2m€1.9m€1.6m▼ 15.6%
Leasing and similar obligations172-€2.9m€2.2m€1.9m€1.6m▼ 15.6%
Amounts payable within one year42/48€10.8m€8.2m€10.9m€8.8m€9.1m▲ 3.5%
Current portion of amounts payable after more than one year42-€689,789€701,702€288,740€294,820▲ 2.1%
Financial debts43-€2.5m€4.0m€1.5m€500,000▼ 66.7%
Credit institutions430/8-€2.5m€4.0m€1.5m€500,000▼ 66.7%
Trade debts44€1.2m€2.0m€1.8m€1.7m€3.4m▲ 94.4%
Suppliers440/4-€2.0m€1.8m€1.7m€3.4m▲ 94.4%
Taxes, remuneration and social security45-€1.6m€1.4m€1.3m€1.4m▲ 1.2%
Taxes450/3-€660,238€577,219€453,215€484,366▲ 6.9%
Remuneration and social security454/9-€975,383€800,074€884,898€869,315▼ 1.8%
Other amounts payable47/48-€1.4m€3.0m€3.9m€3.6m▼ 9.2%
Accrued charges and deferred income492/3-€2.6m€2.6m€2.3m€2.0m▼ 12.0%
Line20202021202220232024Change
Profit (loss) for the period9904€1.6m€2.0m€1.4m€919,943€1.0m▲ 10.9%
+ Depreciation and write-downs630€2.4m€1.7m€1.2m€1.2m€1.2m▲ 0.9%
Operating cash flow (approximation)€4.1m€3.8m€2.6m€2.1m€2.2m▲ 5.2%
Investment in fixed assets (approximation)--€1.2m-€1.4m-€1.0m-€2.8m▼ 175%
Change in cash-€341,624-€2.3m€218,744-€889,396▼ 507%

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

2025
07-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
29-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
30-08
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 30 days late
2022
25-08
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 25 days late
2021
31-12
Financial Highest result since 2018net €2.0m ▲25.3%
Operating result €2.4m, net result €2.0m, both a record.
29-07
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
29-09
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 60 days late
2019
31-12
Financial Weakest financial yearnet €262,462 ▼38.9%
Net result drops to €262,462, the lowest in the series; recovery starts the following year.
31-07
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
31-07
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
28-07
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
13-07
NBB filing Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts

We know of 6 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
6 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, Nazareth-De Pinte · 2 establishment units since 1971
seat establishment All 2 establishment units on the map
Ground area
1.6 ha
Building footprint
5,705 m²
Volume, LiDAR
32,312 m³
2 parcels, Flanders · tallest building 16.1 m, ±2 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
2 establishment units
Oudenaardseheerweg 172, 9810 Nazareth-De Pinte
Manufacture of rubber and plastic products
since 19712.005.509.741
Packyard BE
Venecoweg 24, 9810 Nazareth-De PinteOther printing
since 20092.176.329.315
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44048A0132/00Z002 Flanders 1.5 ha 1 · 4,874 m² 9.2 m · 2 fl.
44048E0205/00G002 Flanders 1,564 m² 1 · 832 m² 16.1 m · 1 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 owner · 1 holding

Chain of control

  1. SL CORPORATE 99.87%
  2. Packyard BE

Highest known parent: SL CORPORATE. The sources do not say who stands above it.

Owners 1

Holdings 1

According to the 2024 annual accounts of Packyard BE and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 5 entries · 8,489 EUR awarded · 8,489 EUR paid
Year Entries awardedpaid
2025 1 2,513 EUR2,513 EUR
2024 1 980 EUR980 EUR
2023 1 3,397 EUR3,397 EUR
2022 2 1,599 EUR1,599 EUR
Schemes
4 entries · 8,157 EUR · 8,157 EUR paid · Departement Werk en Sociale Economie
1 entry · 332 EUR · 332 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 1,597 companies in sector 18120 we hold annual accounts for 809. 73 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded31-12-1970
Fiscal year end31-12
Activities, NACEBEL 2025
18120Other printing
Contact
E-mail info@packyard.pro
Phone +32 9 3854403
Fax +32 9 3855076
Phone 09/3854403Nazareth-De Pinte
Fax 09/3855076Nazareth-De Pinte
E-invoicing
Reachable via Peppol
Peppol ID 0208:0407900836
Registered 27-11-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

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