Equity
€345,706 ▲ 16.2%
POLY PACKAGING SOLUTIONS has made a profit without a break since 2016.
POLY PACKAGING SOLUTIONS
Lifetime
19 annual accounts with figures on one time axis, 48 filings since 1977peak €350,980 (2016)
€222,267▼ 8.9%
lowest -€229,393 (2011)
€98,092▼ 30.8%
peak €345,706 (2025)
€345,706▲ 16.2%
€666,960▲ 56.8%
peak 3.1 FTE (2017)
1 FTE▲ 42.9%
Board4 names since 2016
2 directors and 1 other
Documentsfilings and deeds
31-08-202631 days late
2025abbreviated format
Result from €141,830 to €98,092Staff from 0.7 FTE to 1 FTE1 director appointed, 1 resignation 07-07Dividend €50,000Equity from €297,614 to €345,706Debts from €425,260 to €666,960
Key points
from the 2025 annual accountsDebts
€666,960 ▲ 56.8%
Debts rose by €241,700 in 2025. A dividend stands under other debts on the balance sheet date until it is paid.
Investments
€175,702 13.2 × depreciation
Green is investment, beige is depreciation.
2025 accounts filed 31 days after the deadline
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 31,356 companies had the same profile as POLY PACKAGING SOLUTIONS has now. Each dot stands for 79 companies, two years later.
93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,356 companies, not a prediction for POLY PACKAGING SOLUTIONS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
1 director appointed, 1 resignation
Resignation: · Appointment: · Permanent representative: · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0413568903
Changes of role: (director) and (director)
Director discharge: · Director discharge: · General meeting of 11-12-2023 · Gazette deed
New manager
appointed, resigned · Permanent representative: · Director discharge: · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| POLY PACKAGING SOLUTIONS Roeselare | €1.0m | €222,267 | 34.1% | 1 |
| SABEL - Emballage Verviers | €1.4m | €443,285 | 77.2% | 5 |
| MAFRANS Kampenhout | €0.9m | €303,457 | 19.7% | 0 |
| DE WITTE OOIEVAAR Grimbergen | €0.3m | €81,611 | 36.9% | 1 |
| GALMERA Boortmeerbeek | €1.6m | €420,240 | 68.9% | - |
| TRANSFOSAC Soignies | €0.5m | €166,794 | 42.2% | 4 |
| Mandrinex Kruisem | €0.3m | €77,801 | 97.5% | 0 |
These companies have the same main activity as POLY PACKAGING SOLUTIONS: manufacture of paper and paper products (NACE 17210). They are comparable in size and age: total assets between €263,000 and €1.6m, founded between 1964 and 1993.
Official details
Source: KBO- Status
- Active since 01-07-1973Normal situation
- Activity
- Manufacture of paper and paper productsNACE 17210
- Establishment unit
- 2.008.964.2288560 Wevelgem, since 01-01-1974
- Financial year end
- 31 December
- Peppol
- Reachable since 24-06-2025
Insights on POLY PACKAGING SOLUTIONS
POLY PACKAGING SOLUTIONS files the abbreviated format. That format states no turnover. The gross margin rose from -€20,047 in 2006 to €222,267 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about POLY PACKAGING SOLUTIONS
- What is the company number of POLY PACKAGING SOLUTIONS?
- The company number of POLY PACKAGING SOLUTIONS is 0413.568.903. The VAT number is the same number with BE in front: BE 0413.568.903.
- Where is POLY PACKAGING SOLUTIONS based?
- The registered office is at Ruiterijstraat 43, 8800 Roeselare.Company details
- What does POLY PACKAGING SOLUTIONS do?
- According to the KBO register, the main activity is manufacture of paper and paper products (NACE 17210).
- What is the legal form of POLY PACKAGING SOLUTIONS?
- POLY PACKAGING SOLUTIONS is a private limited company (BV).
- When was POLY PACKAGING SOLUTIONS founded?
- POLY PACKAGING SOLUTIONS was founded on 01-07-1973.
- Is POLY PACKAGING SOLUTIONS still active?
- Yes, POLY PACKAGING SOLUTIONS is an active enterprise in the KBO register.
- How many employees does POLY PACKAGING SOLUTIONS have?
- POLY PACKAGING SOLUTIONS had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of POLY PACKAGING SOLUTIONS?
- The turnover in financial year 2025 is ≈ €570,000. This figure is estimated from the gross margin of €222,267 and 1,651 comparable companies of the same size. It probably lies between €340,000 and €1.1m. It is a rough estimate.
- Is POLY PACKAGING SOLUTIONS profitable?
- In financial year 2025, POLY PACKAGING SOLUTIONS made a profit of €98,092.
- Where can I find the annual accounts of POLY PACKAGING SOLUTIONS?
- POLY PACKAGING SOLUTIONS filed 48 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of POLY PACKAGING SOLUTIONS due?
- POLY PACKAGING SOLUTIONS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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