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PLUS PACK

Active
Public limited companyfounded 1975active for 51 yearsHenry Fordlaan 60, 3600 Genk, BelgiumKBO/BCE: BE 0414.939.274
Summary

PLUS PACK has been active since 1975 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8.4m and a net result of €639,701. Equity is growing by about 11% per year across the filed financial years. Its solvency ranks better than 76% of 828 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Manufacture of fabricated metal products, except machinery and equipment
NACE 25920
9th oldest company in Genk, Manufacturing sector1 site
Size
€20.4mturnover 2025
Staff
51.4 FTE
Equity
€8.4m
Profit
€639,701
Financial health
95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Parent
Plus Pack AS
Auditor: Katrijn Verhaegen BV2025 accounts filed 6 days late5 of 24 deeds summarised
Why 95raises riskSector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)lowers riskSize: turnover €20.4m, 51.4 FTE, total assets €12.4mFounded in 1975Equity €8.4m (67.9% of total assets)Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 66% of its sector peers (NACE 25, medium-sized)
Financial strength · tick = 2024
Strong
Solvency 93+7
equity 67.9% of total assets
Liquidity 45+8
short-term debt 32.1% · cash 7.2%
Profitability 64+1
return on assets 5.2%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (132 companies, NACE 25, medium-sized)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.2%▲ +0.1 percentage points vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.4%▲ +0.2 percentage points vs 07-2026highest value 09-2026: 0.1%▼ -0.3 percentage points vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value
Credit of up to €750,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.52, compared with 2.26 in 2024, above the usual 1.5; short-term debt: 32.1% and cash: 7.2% of total assets), and 32.1% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 25, medium-sized): better than 85% on solvency, 64% on liquidity, 43% on profitability and 73% on growth.

The bankruptcy probability was computed on 28-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises risk
lowers risk · Size: turnover €20.4m, 51.4 FTE, total assets €12.4m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 1975
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
KBO
lowers risk · Equity €8.4m (67.9% of total assets)
NBB · annual accounts
raises risk · 2025 accounts filed 6 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-08-2026, 6 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
6 days late
2024
116 days late
2023
43 days early
2022
62 days early
2021
54 days early
2020
66 days early
2019
57 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 23 days before the deadline; the sector median (NACE 25) for financial year 2024 is 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 19 June (4 of the last 5 filed years within 48 days of that day).
Companies Code · seven months
Where today falls in the filing period
29-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Appointments: PwC Bedrijfsrevisoren BV (statutory auditor)…Permanent representative: Katrijn Verhaegen ·…
  2. Annual accounts filedfinancial year 2025 · full…
  3. Annual accounts filedfinancial year 2024 · full…

Financials · financial year 2025, full format

Turnover
€20.4m▲ 12.7%
2024 · €18.1m
EBIT margin
4.3%▲ 0.3pp
2024 · 4.0%
Net result
€639,701▼ 3.8%
2024 · €664,933
Working capital
€6.0m▼ 2.5%
2024 · €6.2m
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

After the dip in 2023 the operating result has climbed two years in a row; 2025 is 20% above 2024 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Turnover€20.4m 2025 Operating result€0.9m 2025 Net result€0.6m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 25, Manufacture of fabricated metal products, except machinery and equipment: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Turnover€15.3m-€14.7m▼ 3.8%€16.8m▲ 14.0%€19.7m▲ 17.0%€20.0m▲ 1.7%€18.4m▼ 8.2%€18.1m▼ 1.1%€20.4m▲ 12.7%
Operating result€1.0m-€0.6m▼ 43.0%€0.7m▲ 34.7%€0.6m▼ 13.8%€0.7m▲ 7.7%€0.7m▼ 5.4%€0.7m▲ 12.5%€0.9m▲ 19.9%
Net result€1.0m-€0.5m▼ 54.5%€0.7mabove the sector's middle half▲ 42.1%€0.5mabove the sector's middle half▼ 18.5%€0.6mabove the sector's middle half▲ 19.5%€0.8mabove the sector's middle half▲ 18.5%€0.7mabove the sector's middle half▼ 12.2%€0.6mabove the sector's middle half▼ 3.8%
EBIT margin6.3%-3.7%▼ 2.6pp4.4%▲ 0.7pp3.3%▼ 1.2pp3.4%▲ 0.2pp3.5%▲ 0.1pp4.0%▲ 0.5pp4.3%▲ 0.3pp
Equity€4.0m-€4.5m▲ 11.4%€5.2mabove the sector's middle half▲ 14.6%€5.7mabove the sector's middle half▲ 10.4%€6.3mabove the sector's middle half▲ 11.2%€7.1mabove the sector's middle half▲ 11.9%€7.8mabove the sector's middle half▲ 9.4%€8.4mabove the sector's middle half▲ 8.2%
Total assets€9.0m-€9.1m▲ 1.2%€10.4mabove the sector's middle half▲ 14.1%€11.8mabove the sector's middle half▲ 14.1%€11.8mabove the sector's middle half▼ 0.1%€12.2mabove the sector's middle half▲ 3.1%€12.7mabove the sector's middle half▲ 3.9%€12.4mabove the sector's middle half▼ 2.3%
Debt€4.8m-€4.4m▼ 8.1%€5.1m▲ 15.2%€6.1m▲ 19.7%€5.5m▼ 10.4%€5.1m▼ 6.8%€4.9m▼ 3.7%€4.0m▼ 18.9%
Working capital€3.0m-€3.6m▲ 20.6%€4.3mabove the sector's middle half▲ 19.2%€4.3mabove the sector's middle half▲ 0.4%€4.8mabove the sector's middle half▲ 11.3%€5.7mabove the sector's middle half▲ 18.5%€6.2mabove the sector's middle half▲ 8.0%€6.0mabove the sector's middle half▼ 2.5%
Solvency45.1%-49.6%▲ 4.6pp49.8%within the sector's middle half▲ 0.2pp48.2%within the sector's middle half▼ 1.6pp53.6%within the sector's middle half▲ 5.4pp58.2%within the sector's middle half▲ 4.6pp61.3%within the sector's middle half▲ 3.1pp67.9%above the sector's middle half▲ 6.6pp
Current ratio1.63-1.82▲ 0.201.85within the sector's middle half▲ 0.031.71within the sector's middle half▼ 0.141.88within the sector's middle half▲ 0.172.13within the sector's middle half▲ 0.242.26within the sector's middle half▲ 0.142.52within the sector's middle half▲ 0.25
Return on assets (ROA)11.3%-5.1%▼ 6.2pp6.3%within the sector's middle half▲ 1.2pp4.5%within the sector's middle half▼ 1.8pp5.4%within the sector's middle half▲ 0.9pp6.2%within the sector's middle half▲ 0.8pp5.2%within the sector's middle half▼ 1.0pp5.2%within the sector's middle half▼ 0.1pp
Staff (FTE)66.6-65.3▼ 2.0%62.1above the sector's middle half▼ 4.9%61.2above the sector's middle half▼ 1.4%64.1above the sector's middle half▲ 4.7%60.6above the sector's middle half▼ 5.5%54.9above the sector's middle half▼ 9.4%51.4above the sector's middle half▼ 6.4%
above within below the middle half of NACE 25, Manufacture of fabricated metal products, except machinery and equipment: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €12.4m
Fixed assets €2.4m ▲ 50.6%
Current assets €10.0m ▼ 9.8%
Equity and liabilities €12.4m
Equity €8.4m ▲ 8.2%
Debt €4.0m ▼ 18.9%
Debt's share of the balance-sheet total falls from 38.7% to 32.1%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€1.1m▲
2024 · €892,302
Cash flow
€819,816▼
2024 · €824,806
Quick ratio
2.50▲
2024 · 2.25
Debt to equity
0.47▼
2024 · 0.63
ROE
7.6%▼
2024 · 8.6%
Interest coverage
over 100
2024 · over 100
Debt ≤ 1 year
€4.0m▼
2024 · €4.9m
Income taxes
€252,690▼
2024 · €281,509
Staff costs
€3.5m▼
2024 · €3.8m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,579 companies that looked in July 2024 the way this one looks now, 0.1% went bankrupt within 24 months and 96.7% are still going.

  • Medium-sized
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.1% went bankrupt
3.2% stopped otherwise
96.7% still going

For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 1,579 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 · 70 lines
Balance sheet Code20242025
Assets
Total assets20/58€12.7m€12.4m▼
Fixed assets21/28€1.6m€2.4m▲
Tangible fixed assets22/27€1.6m€2.4m▲
Land and buildings22€0.6m€1.1m▲
Plant, machinery and equipment23€0.9m€1.0m▲
Furniture and vehicles24€0.01m€0.1m▲
Assets under construction and advance payments27€0.08m€0.1m▲
Financial fixed assets28€0.02m€0.02m=
Other financial fixed assets284/8€0.02m€0.02m=
Amounts receivable and cash guarantees285/8€0.02m€0.02m=
Current assets29/58€11.1m€10.0m▼
Stocks and contracts in progress3€0.08m€0.08m▲
Stocks30/36€0.08m€0.08m▲
Raw materials and consumables30/31€0.08m€0.08m▲
Amounts receivable within one year40/41€10.4m€9.0m▼
Trade receivables40€3.6m€2.7m▼
Other amounts receivable41€6.8m€6.3m▼
Cash at bank and in hand54/58€0.5m€0.9m▲
Deferred charges and accrued income490/1€0.08m€0.07m▼
Equity and liabilities
Total equity and liabilities10/49€12.7m€12.4m▼
Equity10/15€7.8m€8.4m▲
Contributions10/11€5.4m€5.4m=
Capital10€5.4m€5.4m=
Issued capital100€5.4m€5.4m=
Reserves13€0.9m€1.2m▲
Non-distributable reserves130/1€0.6m€0.6m=
Legal reserve130€0.6m€0.6m=
Tax-exempt reserves132€0.3m€0.6m▲
Profit (loss) carried forward14€1.4m€1.8m▲
Provisions and deferred taxes16€0€0=
Provisions for liabilities and charges160/5€0€0=
Pensions and similar obligations160€0€0=
Amounts payable17/49€4.9m€4.0m▼
Amounts payable within one year42/48€4.9m€4.0m▼
Trade debts44€4.1m€3.4m▼
Suppliers440/4€4.1m€3.4m▼
Taxes, remuneration and social security45€0.8m€0.6m▼
Taxes450/3€0.3m€0.2m▼
Remuneration and social security454/9€0.5m€0.4m▼
Income statement Code20242025
Operating income70/76A€18.7m€20.9m▲
Turnover70€18.1m€20.4m▲
Other operating income74€0.5m€0.5m▼
Operating charges60/66A€17.9m€20.1m▲
Goods for resale, raw materials and consumables60€11.0m€13.0m▲
Purchases600/8€11.0m€13.0m▲
Change in stocks: decrease (increase)609-€0.004m-€0.002m▲
Services and other goods61€2.9m€3.2m▲
Remuneration, social security and pensions62€3.8m€3.5m▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.2m€0.2m▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€0.01m
Provisions for liabilities and charges: additions (uses and reversals)635/8€0-
Other operating charges640/8€0.08m€0.1m▲
Operating profit (loss)9901€0.7m€0.9m▲
Financial income75/76B€0.3m€0.1m▼
Recurring financial income75€0.3m€0.1m▼
Income from current assets751€0.3m€0.1m▼
Other financial income752/9€0.009m€13▼
Financial charges65/66B€0.1m€0.1m▼
Recurring financial charges65€0.1m€0.1m▼
Debt charges650€0.002m€0.002m▲
Other financial charges652/9€0.1m€0.1m▼
Profit (loss) for the period before taxes9903€0.9m€0.9m▼
Income taxes67/77€0.3m€0.3m▼
Taxes670/3€0.3m€0.3m▼
Profit (loss) for the period9904€0.7m€0.6m▼
Transfer to tax-exempt reserves689-€0.3m
Profit (loss) for the period to be appropriated9905€0.7m€0.3m▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.4m€1.8m▲
Profit (loss) brought forward from the previous period14P€0.8m€1.4m▲
Social balance sheet
Average headcount (FTE)908754.951.4▼

The notes to these accounts (55 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Operating income70/76A---€20.2m€20.7m€18.9m€18.7m€20.9m▲ 12.2%
Turnover70€15.3m€14.7m€16.8m€19.7m€20.0m€18.4m€18.1m€20.4m▲ 12.7%
Other operating income74---€0.5m€0.7m€0.6m€0.5m€0.5m▼ 4.3%
Non-recurring operating income76A----€0.004m----
Operating charges60/66A---€19.5m€20.0m€18.3m€17.9m€20.1m▲ 11.9%
Goods for resale, raw materials and consumables60---€13.3m€13.6m€11.5m€11.0m€13.0m▲ 18.9%
Purchases600/8---€13.3m€13.6m€11.4m€11.0m€13.0m▲ 18.9%
Change in stocks: decrease (increase)609---€0.001m-€192€0.001m-€0.004m-€0.002m▲ 39.3%
Services and other goods61---€2.7m€2.5m€2.7m€2.9m€3.2m▲ 8.4%
Remuneration, social security and pensions62---€3.4m€3.6m€3.9m€3.8m€3.5m▼ 6.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.1m€0.2m€0.2m€0.2m€0.2m€0.2m€0.2m€0.2m▲ 12.7%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4----€0.006m--€0.01m-
Provisions for liabilities and charges: additions (uses and reversals)635/8----€0.08m-€0.01m-€0.01m€0--
Other operating charges640/8---€0.08m€0.1m€0.09m€0.08m€0.1m▲ 26.8%
Operating profit (loss)9901€1.0m€0.6m€0.7m€0.6m€0.7m€0.7m€0.7m€0.9m▲ 19.9%
Financial income75/76B---€0.08m€0.1m€0.3m€0.3m€0.1m▼ 59.1%
Recurring financial income75€0.2m€0.07m€0.08m€0.08m€0.1m€0.3m€0.3m€0.1m▼ 59.1%
Income from current assets751---€0.08m€0.1m€0.3m€0.3m€0.1m▼ 58.1%
Other financial income752/9---€0.004m€190€0.001m€0.009m€13▼ 99.9%
Financial charges65/66B---€0.2m€0.1m€0.2m€0.1m€0.1m▼ 4.2%
Recurring financial charges65€0.1m€0.1m€0.2m€0.2m€0.1m€0.2m€0.1m€0.1m▼ 4.2%
Debt charges650€0.01m€0.01m€0.01m€0.006m€0.004m€0.004m€0.002m€0.002m▲ 4.7%
Other financial charges652/9---€0.2m€0.1m€0.2m€0.1m€0.1m▼ 4.3%
Profit (loss) for the period before taxes9903€1.0m€0.5m€0.7m€0.5m€0.6m€0.8m€0.9m€0.9m▼ 5.7%
Income taxes67/77€0.003m€0.01m€0.001m€0.002m€0.002m€0.05m€0.3m€0.3m▼ 10.2%
Taxes670/3---€0.002m€0.002m€0.05m€0.3m€0.3m▼ 10.2%
Profit (loss) for the period9904€1.0m€0.5m€0.7m€0.5m€0.6m€0.8m€0.7m€0.6m▼ 3.8%
Transfer to tax-exempt reserves689-------€0.3m-
Profit (loss) for the period to be appropriated9905€1.0m€0.5m€0.7m€0.5m€0.6m€0.8m€0.7m€0.3m▼ 51.9%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€9.0m€9.1m€10.4m€11.8m€11.8m€12.2m€12.7m€12.4m▼ 2.3%
Fixed assets21/28€1.2m€1.0m€0.9m€1.4m€1.5m€1.4m€1.6m€2.4m▲ 50.6%
Tangible fixed assets22/27€1.1m€1.0m€0.9m€1.4m€1.5m€1.3m€1.6m€2.4m▲ 51.3%
Land and buildings22---€0.7m€0.7m€0.6m€0.6m€1.1m▲ 81.3%
Plant, machinery and equipment23---€0.5m€0.7m€0.6m€0.9m€1.0m▲ 20.8%
Furniture and vehicles24---€0.08m€0.05m€0.03m€0.01m€0.1m▲ 713%
Assets under construction and advance payments27---€0.1m€0.03m€0.04m€0.08m€0.1m▲ 60.1%
Financial fixed assets28€0.02m€0.02m€0.02m€0.02m€0.02m€0.02m€0.02m€0.02m=
Other financial fixed assets284/8---€0.02m€0.02m€0.02m€0.02m€0.02m=
Amounts receivable and cash guarantees285/8---€0.02m€0.02m€0.02m€0.02m€0.02m=
Current assets29/58€7.8m€8.1m€9.4m€10.4m€10.3m€10.8m€11.1m€10.0m▼ 9.8%
Stocks and contracts in progress3€0.08m€0.08m€0.08m€0.08m€0.08m€0.08m€0.08m€0.08m▲ 3.1%
Stocks30/36---€0.08m€0.08m€0.08m€0.08m€0.08m▲ 3.1%
Raw materials and consumables30/31---€0.08m€0.08m€0.08m€0.08m€0.08m▲ 3.1%
Amounts receivable within one year40/41€7.5m€7.8m€9.0m€9.9m€9.9m€10.5m€10.4m€9.0m▼ 14.1%
Trade receivables40---€2.7m€3.0m€2.7m€3.6m€2.7m▼ 27.2%
Other amounts receivable41---€7.1m€6.9m€7.8m€6.8m€6.3m▼ 7.0%
Cash at bank and in hand54/58€0.1m€0.05m€0.2m€0.4m€0.3m€0.2m€0.5m€0.9m▲ 78.1%
Deferred charges and accrued income490/1---€0.1m€0.09m€0.09m€0.08m€0.07m▼ 13.5%
Equity and liabilities
Total equity and liabilities10/49€9.0m€9.1m€10.4m€11.8m€11.8m€12.2m€12.7m€12.4m▼ 2.3%
Equity10/15€4.0m€4.5m€5.2m€5.7m€6.3m€7.1m€7.8m€8.4m▲ 8.2%
Contributions10/11€5.4m€5.4m€5.4m€5.4m€5.4m€5.4m€5.4m€5.4m=
Capital10---€5.4m€5.4m€5.4m€5.4m€5.4m=
Issued capital100---€5.4m€5.4m€5.4m€5.4m€5.4m=
Reserves13€0.9m€0.9m€0.9m€0.9m€0.9m€0.9m€0.9m€1.2m▲ 35.4%
Non-distributable reserves130/1---€0.6m€0.6m€0.6m€0.6m€0.6m=
Legal reserve130---€0.6m€0.6m€0.6m€0.6m€0.6m=
Tax-exempt reserves132---€0.3m€0.3m€0.3m€0.3m€0.6m▲ 101%
Profit (loss) carried forward14-€2.3m-€1.8m-€1.2m-€0.6m€0.02m€0.8m€1.4m€1.8m▲ 22.2%
Provisions and deferred taxes16€0.1m€0.2m€0.1m€0.03m€0.01m€0€0€0-
Provisions for liabilities and charges160/5---€0.03m€0.01m€0€0€0-
Pensions and similar obligations160---€0.03m€0.01m€0€0€0-
Amounts payable17/49€4.8m€4.4m€5.1m€6.1m€5.5m€5.1m€4.9m€4.0m▼ 18.9%
Amounts payable within one year42/48€4.8m€4.4m€5.1m€6.1m€5.5m€5.1m€4.9m€4.0m▼ 18.9%
Credit institutions430/8---€0-----
Trade debts44€4.0m€3.5m€4.5m€5.5m€4.9m€4.4m€4.1m€3.4m▼ 17.5%
Suppliers440/4---€5.5m€4.9m€4.4m€4.1m€3.4m▼ 17.5%
Taxes, remuneration and social security45---€0.6m€0.6m€0.7m€0.8m€0.6m▼ 26.1%
Taxes450/3---€0.09m€0.09m€0.1m€0.3m€0.2m▼ 40.4%
Remuneration and social security454/9---€0.5m€0.5m€0.5m€0.5m€0.4m▼ 17.6%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€1.0m€0.5m€0.7m€0.5m€0.6m€0.8m€0.7m€0.6m▼ 3.8%
+ Depreciation and write-downs630€0.1m€0.2m€0.2m€0.2m€0.2m€0.2m€0.2m€0.2m▲ 12.7%
Operating cash flow (approximation)€1.2m€0.7m€0.8m€0.7m€0.9m€1.0m€0.8m€0.8m▼ 0.6%
Investment in fixed assets (approximation)--€0.06m-€0.1m-€0.6m-€0.4m-€0.05m-€0.4m-€1.0m▼ 165%
Change in cash--€0.1m€0.1m€0.2m-€0.1m-€0.1m€0.3m€0.4m▲ 18.4%

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

Download as CSV

Latest 10 of 57 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 full format 06-08-2026 2026-00391280
31-12-2024 full format 24-11-2025 2025-00571074
31-12-2023 full format 18-06-2024 2024-00159650
31-12-2022 full format 30-05-2023 2023-00097596
31-12-2021 full format 07-06-2022 2022-20048041
31-12-2020 full format 26-05-2021 2021-15100325
31-12-2019 full format 04-06-2020 2020-14600474
31-12-2018 full format 03-06-2019 2019-15200298
31-12-2017 full format 29-05-2018 2018-14100530
31-12-2016 full format 26-06-2017 2017-20500534

Show all 57 filings

Similar companies · same sector, comparable size

Of the 18 active companies whose main activity is manufacture of fabricated metal products, except machinery and equipment (NACE 25920), figures are known for 11. 9 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2022 to 2025 · 6 entries · €36,503 awarded · €36,503 paid
Year Entries AwardedPaid
2025 1 €2,386€2,386
2024 1 €5,632€5,632
2023 2 €15,065€15,065
2022 2 €13,420€13,420
Schemes
4 entries · €21,041 · €21,041 paid · Departement Werk en Sociale Economie
2 entries · €15,462 · €15,462 paid · Departement Werk en Sociale Economie

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
2 directors, 1 in day-to-day management, last change in 2023

Board 2

Anders Top Haustrup
Chair of the board · Director · since 19-05-2023
Current
Camilla Haustrup Hermansen
Director · since 19-05-2023
Current

Day-to-day management 1

Anders Top Haustrup
Afgevaardigd bestuurder
Current

Statutory auditor 1

Katrijn Verhaegen BV
Statutory auditor · since 09-10-2026 · permanent representative: Katrijn Verhaegen
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
19 of this company's 24 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

4 people since 2023, 3 in office
Show
  • Board
  • Day-to-day management
  • Statutory auditor
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Anders Top Haustrup
  • Director, since before 19-05-2023
  • Chair of the board, since before 03-08-2023
  • Afgevaardigd bestuurder, since before 03-08-2023
Camilla Haustrup Hermansen
  • Director, since before 19-05-2023
Katrijn Verhaegen BV
  • Statutory auditor, from 09-10-2026 to date
BV PwC Bedrijfsrevisoren
  • Statutory auditor, from 03-08-2023 to 09-10-2026
See the board, name and registered office on a given date →

Owners and capital

Owners

1 owner

Chain of control

  1. Plus Pack ASDK consolidates
  2. PLUS PACK

Highest known parent: Plus Pack AS (Denmark). The sources do not say who stands above it.

Owners 1

Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. 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 include these statements in its annual accounts, or does not have to, is not listed.

Capital and shareholders

Capital over the years
  1. 11-01-2024 Capital stated in the deed · €5,418,500 · 21,858 shares

Group and network

Connections & network

2 current directors
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

PLUS PACK was incorporated on 7 July 1975.1 Turnover grew from €15.3m in 2018 to €20.4m in 2025 and headcount from 66.6 to 51.4 full-time equivalents.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
09-10
Gazette deed Appointments: PwC Bedrijfsrevisoren BV (statutory auditor) and Katrijn Verhaegen BV (statutory auditor)
Permanent representative: Katrijn Verhaegen · Reappointments: Anders Top Haustrup (director) and Camilla Haustrup Hermansen (director)6 facts ▸
  • General meeting, 15-05-2026
  • Auditor appointment, PwC Bedrijfsrevisoren BV (statutory auditor)
  • Auditor appointment, Katrijn Verhaegen BV (statutory auditor)
  • Permanent representative, Katrijn Verhaegen
  • Director reappointment, Anders Top Haustrup (director)
  • Director reappointment, Camilla Haustrup Hermansen (director)
06-08
NBB filing Annual accounts filed
financial year 2025 · full format · 6 days late
2025
24-11
NBB filing Annual accounts filed
financial year 2024 · full format · 116 days late
31-07
Gazette deed Reappointments: Anders Top Haustrup (director) and Camilla Haustrup Hermansen (director)
3 facts ▸
  • General meeting, 16-05-2025
  • Director reappointment, Anders Top Haustrup (director)
  • Director reappointment, Camilla Haustrup Hermansen (director)
2024
19-07
Gazette deed Reappointments: Anders Top Haustrup (director) and Camilla Haustrup Hermansen (director)
Permanent representative: Katrijn Verhaegen4 facts ▸
  • General meeting, 17-05-2024
  • Director reappointment, Anders Top Haustrup (director)
  • Director reappointment, Camilla Haustrup Hermansen (director)
  • Permanent representative, Katrijn Verhaegen (vertegenwoordiger in de uitoefening van mandaat van commissaris)
18-06
NBB filing Annual accounts filed
financial year 2023 · full format
11-01
Gazette deed Amendment of the articles · Miscellaneous
Capital · Power of attorney6 facts ▸
  • General meeting, “buitengewone algemene vergadering” (deed in Dutch)
  • Amendment of the articles (2 times)
  • Capital, €5,418,500
  • Power of attorney, Paul MASELIS
  • Other provision, “geen”, website and email address (deed in Dutch)
  • Power of attorney
2023
03-08
Gazette deed Reappointments: Anders Top Haustrup, Camilla Haustrup Hermansen and PwC Bedrijfsrevisoren
7 facts ▸
  • General meeting, 19-05-2023
  • Director reappointment, Anders Top Haustrup (director)
  • Director reappointment, Camilla Haustrup Hermansen (director)
  • Auditor reappointment, PwC Bedrijfsrevisoren (statutory auditor)
  • Board meeting, 19-05-2023
  • Director reappointment, Anders Top Haustrup (afgevaardigd bestuurder)
  • Director reappointment, Anders Top Haustrup (chair of the board)
30-05
NBB filing Annual accounts filed
financial year 2022 · full format
2022
07-06
NBB filing Annual accounts filed
financial year 2021 · full format
2021
26-05
NBB filing Annual accounts filed
financial year 2020 · full format
2020
31-12
Financial Equity above €5mequity €5.2m ▲14.6%
A profit in every financial year since 2018 builds equity to €5.2m.
Show earlier events
04-06
NBB filing Annual accounts filed
financial year 2019 · full format
2019
31-12
Financial Weakest financial yearnet €462,001 ▼54.5%
Net result drops to €462,001, the lowest in the series; recovery starts the following year.
03-06
NBB filing Annual accounts filed
financial year 2018 · full format
2018
29-05
NBB filing Annual accounts filed
financial year 2017 · full format
2017
26-06
NBB filing Annual accounts filed
financial year 2016 · full format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 57 annual accounts filed, the latest 10 are here; all 57 are under Financials.
5 of 24 deeds read
About the unread acts

Of the 24 Belgian Official Gazette deeds we know for this company, 5 have been read. The other 19 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPublic limited company
Founded07-07-1975
Financial year end31-12
Activities, NACEBEL 2025
25920Manufacture of fabricated metal products, except machinery and equipment
E-invoicing
Reachable via Peppol
Peppol ID 0208:0414939274
Also 9925:BE0414939274
Registered 18-12-2025

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

Register as of 29 October 2026 · Peppol Directory

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

Recognitions · licences · registrations

Food safety, FASFC

1 site
Genkunit no. 2.011.224.130
1 permission
Fabrikant verpakkingsmateriaal · since 01-01-2006

Environmental permits

2 applications in Flanders since 2025 · 1 granted
Bomen vellen die geen deel uitmaken van een bos en/of bodemreliëf wijzigen; Een grond gebruiken, aanleggen of inrichten; Het reliëf van de bodem aanmerkelijk wijzigen; Nieuwbouw of aanleggen; Nieuwbouw van bijgebouwen en niet overdekte lage constructie; Nieuwe publiciteitsinrichting (met inbegrip van vernieuwen van een bestaande vergunning); Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden; Verwijderen van vrijstaande gebouwen
Granted on 17-02-2026submitted 23-12-2025authority: Genkproject 2025116280
Bomen vellen die geen deel uitmaken van een bos en/of bodemreliëf wijzigen; Een grond gebruiken, aanleggen of inrichten; Het reliëf van de bodem aanmerkelijk wijzigen; Nieuwbouw of aanleggen; Nieuwbouw van bijgebouwen en niet overdekte lage constructie; Nieuwe publiciteitsinrichting (met inbegrip van vernieuwen van een bestaande vergunning); Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden; Verwijderen van vrijstaande gebouwen
Discontinued on 10-09-2025submitted 10-06-2025authority: Genkproject 2025051096

Source: Omgevingsloket Vlaanderen. Flanders only: Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Genk · 1 establishment unit since 1975
registered office establishment The establishment unit on the map
Ground area
3.3 ha
Building footprint
838 m²
Parcel 71305F1334/00W049, Flanders. Linked by address, not a title deed.
1 establishment unit
PLUS PACK
Henry Fordlaan 60, 3600 GenkManufacture of fabricated metal products, except machinery and equipment
since 1975unit no. 2.011.224.130
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
71305F1334/00W049 Flanders 3.3 ha 1 · 838 m² -
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
PLUS PACK
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest, mag bij enkel besluit van het bestuursorgaan exploitatiezetels oprichten of opheffen wanneer en waar zij het nodig acht voor…” (deed in Dutch)

deed of 11-01-2024

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
“Artikel 20. Vertegenwoordiging van de vennootschap 1. De raad van bestuur vertegenwoordigt, als college, de vennootschap in alle handelingen…”
Board ruleHow the board is made up, meets and takes decisions.
“Raad van bestuur, minimum door wet voorgeschreven” (deed in Dutch)
“Andersluidende beslissing algemene vergadering, niet bezoldigd” (deed in Dutch)

deed of 11-01-2024

Capital, shares and profit

Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Aandelen van de vennootschap” (deed in Dutch)

deed of 11-01-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Third Friday of May at 15:00

deed of 11-01-2024

Oversight and winding up

Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Benoeming vereffenaars, een of meer” (deed in Dutch)
“Bevoegdheden vereffenaars, tenzij_AV_anders_besluit_bij_gewone_meerderheid” (deed in Dutch)
“Wijze van vereffening, netto-actief_in_geld_of_effecten_onder_aandeelhouders_naar_verhouding_aantal_aandelen” (deed in Dutch)

deed of 11-01-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Kapitaal mag worden verhoogd of verlaagd door besluit van de algemene vergadering die beraadslaagt volgens de regels gesteld voor de…” (deed in Dutch)
Other provision: “Tenminste vijftien dagen te rekenen van dag van openstelling van intekening, kapitaalverhoging, uitgifte van converteerbare obligaties of…” (deed in Dutch)
Other provision: “Opvraging van stortingen, verbintenis tot volstorting onvoorwaardelijk en ondeelbaar niettegenstaande strijdige bepaling” (deed in Dutch)
Other provision: “Aard van de aandelen, ingeschreven in register van aandelen op naam op vennootschapszetel met vermeldingen voorgeschreven door Wetboek van…” (deed in Dutch)
Other provision: “Aard van de andere effecten, ingeschreven in register van effecten op naam van categorie waartoe zij behoren met vermeldingen voorgeschreven…” (deed in Dutch)
Other provision: “Ondeelbaarheid van aandelen, rechten uitgeoefend door eigenaar-pandgever” (deed in Dutch)
Other provision: “Per brief of andere schriftelijke wijze aan ander lid voor een vergadering, besluitvorming raad van bestuur” (deed in Dutch)
Other provision: “Notulen raad van bestuur, ondertekend door een bestuurder” (deed in Dutch)
Other provision: “Alle handelingen nodig of dienstig voor voorwerp, bevoegdheden raad van bestuur” (deed in Dutch)
Other provision: “Dagelijks bestuur en vertegenwoordiging wat dat bestuur aangaat, dagelijks bestuur” (deed in Dutch)
Other provision: “Een of meer, benoeming commissarissen” (deed in Dutch)
Other provision: “Toelating algemene vergadering, rechten niet geschorst” (deed in Dutch)
Other provision: “Aanwezigheidslijst, naam_aandeelhouders,aantal_aandelen,volmachten_in_voorkomend_geval” (deed in Dutch)
Other provision: “Stemming per brief, formulier ter beschikking gesteld door bestuursorgaan” (deed in Dutch)
Other provision: “Schriftelijke algemene vergadering, eenparig en schriftelijk binnen wettelijke grenzen” (deed in Dutch)
Other provision: “Stemrecht, wettelijke en statutaire bepalingen aandelen zonder stemrecht” (deed in Dutch)
Other provision: “3, raad van bestuur” (deed in Dutch)
Other provision: “Notulen_AV, speciaal register op zetel” (deed in Dutch)
Other provision: “Een tiende kapitaal, jaarvergadering bij gewone meerderheid op voorstel raad van bestuur” (deed in Dutch)
Other provision: “Uitkering dividenden interimdividenden, raad van bestuur” (deed in Dutch)
Other provision: “Uitsluitend rechtbanken van zetel, geschillen” (deed in Dutch)
Other provision: “Keuze woonplaats, woonplaats_kiezen_in_Belgie_voor_uitvoering_statuten_en_betrekkingen” (deed in Dutch)
7 more provisions in the deed, see the deed of 11-01-2024

deed of 11-01-2024