PRESTO PACK
ActiveSummary
The annual accounts of PRESTO PACK for fiscal year 2024 show a net loss of 72% of total assets and of 75% of the equity at the start of that year. The 2024 annual accounts show equity of €11,913 and a net result of -€35,030. Equity is shrinking by ~17.7% per year across the filed fiscal years. Its solvency ranks better than 36% of 59 sector peers (fiscal year 2024). The company has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-5
Solvency50▼-13
Growth58=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.77 against 1.39 in 2023; short-term debt: 63.2% and cash: 16.5% of total assets), and 75.4% 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 dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
24.6%
Return on assets
-72.3%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 17
Relative position
BE, all sectors
reference
Manufacture of paper and paper products (NACE 17)
about 49% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€35,030
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 24-06-2026, 37 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
37 d early
2024
35 d early
2023
33 d early
2022
42 d early
2021
39 d early
2020
36 d early
2019
36 d 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 37 days before the deadline; the sector median for financial year 2024 is 13 days before the deadline, and 34% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 24 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, micro schema
Equity
€11,913▼ 74.6%
2023 · €46,943
Total assets
€48,477▼ 60.5%
2023 · €122,792
Net result
-€35,030▼ 157%
2023 · -€13,630
Working capital
-€7,125
2023 · €27,164
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 17, Manufacture of paper and paper products, 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
Operating result€44,502€1,041▼ 97.7%-€23,143-€10,258▲ 55.7%-€31,557▼ 208%
Net result€41,277above the sector's middle half-€1,816within the sector's middle half-€27,036below the sector's middle half▼ 1,389%-€13,630below the sector's middle half▲ 49.6%-€35,030below the sector's middle half▼ 157%
Equity€89,425within the sector's middle half▲ 85.7%€87,610within the sector's middle half▼ 2.0%€60,573within the sector's middle half▼ 30.9%€46,943within the sector's middle half▼ 22.5%€11,913within the sector's middle half▼ 74.6%
Total assets€150,859within the sector's middle half▼ 9.4%€170,793within the sector's middle half▲ 13.2%€109,634within the sector's middle half▼ 35.8%€122,792within the sector's middle half▲ 12.0%€48,477below the sector's middle half▼ 60.5%
Debt€55,484▼ 50.7%€77,234▲ 39.2%€43,111▼ 44.2%€69,899▲ 62.1%€30,615▼ 56.2%
Working capital€62,250within the sector's middle half▲ 145%€64,687within the sector's middle half▲ 3.9%€39,222within the sector's middle half▼ 39.4%€27,164within the sector's middle half▼ 30.7%-€7,125below the sector's middle half
Solvency59.3%within the sector's middle half▲ 30.4pp51.3%within the sector's middle half▼ 8.0pp55.3%within the sector's middle half▲ 4.0pp38.2%within the sector's middle half▼ 17.0pp24.6%within the sector's middle half▼ 13.7pp
Current ratio2.12within the sector's middle half▲ 0.901.84within the sector's middle half▼ 0.281.91within the sector's middle half▲ 0.071.39within the sector's middle half▼ 0.520.77below the sector's middle half▼ 0.62
Return on assets (ROA)27.4%above the sector's middle half▲ 32.5pp-1.1%within the sector's middle half▼ 28.4pp-24.7%below the sector's middle half▼ 23.6pp-11.1%below the sector's middle half▲ 13.6pp-72.3%below the sector's middle half▼ 61.2pp
Staff (FTE)2=2=2=2=2=
above
within
below
the middle half (P25 to P75) of NACE 17, Manufacture of paper and paper products, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €31,557 in 2024 against €10,258 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €48,477
Fixed assets
€24,988 ▼ 2.9%
Current assets
€23,489 ▼ 75.8%
Equity and liabilities €48,477
Equity
€11,913 ▼ 74.6%
Provisions
€5,949 =
Debt
€30,615 ▼ 56.2%
Debt's share of the balance-sheet total rises from 56.9% to 63.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€30,816▼
2023 · -€8,687
Cash flow
-€34,289▼
2023 · -€12,059
Quick ratio
0.50▼
2023 · 1.28
Debt to equity
2.57▲
2023 · 1.49
ROE
-294.0%▼
2023 · -29.0%
Interest coverage
-89.58▼
2023 · -22.12
Debt ≤ 1 year
€30,615▼
2023 · €69,899
Income taxes
€3,130▲
2023 · €3,008
Staff costs
€72,556▲
2023 · €71,339
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,221 companies that looked in July 2024 the way this one looks now, 3.8% went bankrupt within 24 months and 88% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a loss of 10% of the balance sheet or more
3.8%
went bankrupt
7.4%
stopped otherwise
88%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.3% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 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% 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 1,221 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €71,028 | €67,565 | €71,339 | €72,556 | ▲ 1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,225 | €1,571 | €1,571 | €1,571 | €741 | ▼ 52.8% |
| Other operating charges640/8 | - | €1,528 | €1,314 | €1,256 | €923 | ▼ 26.6% |
| Gross operating margin9900 | €85,963 | €75,168 | €47,307 | €63,908 | €42,663 | ▼ 33.2% |
| Operating profit (loss)9901 | €44,502 | €1,041 | -€23,143 | -€10,258 | -€31,557 | ▼ 208% |
| Financial income75/76B | - | €372 | €7 | €29 | €0 | ▼ 99.3% |
| Recurring financial income75 | €3 | €372 | €7 | €29 | €0 | ▼ 99.3% |
| Financial charges65/66B | - | €520 | €1,186 | €393 | €344 | ▼ 12.4% |
| Recurring financial charges65 | €539 | €520 | €1,186 | €393 | €344 | ▼ 12.4% |
| Profit (loss) for the period before taxes9903 | €43,966 | €893 | -€24,322 | -€10,622 | -€31,901 | ▼ 200% |
| Income taxes67/77 | €2,690 | €2,709 | €2,714 | €3,008 | €3,130 | ▲ 4.0% |
| Profit (loss) for the period9904 | €41,277 | -€1,816 | -€27,036 | -€13,630 | -€35,030 | ▼ 157% |
| Profit (loss) for the period to be appropriated9905 | €41,277 | -€1,816 | -€27,036 | -€13,630 | -€35,030 | ▼ 157% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €150,859 | €170,793 | €109,634 | €122,792 | €48,477 | ▼ 60.5% |
| Fixed assets21/28 | €33,124 | €28,872 | €27,300 | €25,729 | €24,988 | ▼ 2.9% |
| Tangible fixed assets22/27 | €32,671 | €28,418 | €26,847 | €25,275 | €24,534 | ▼ 2.9% |
| Land and buildings22 | - | €26,758 | €26,017 | €25,275 | €24,534 | ▼ 2.9% |
| Furniture and vehicles24 | - | €1,660 | €830 | - | - | - |
| Financial fixed assets28 | €454 | €454 | €454 | €454 | €454 | = |
| Current assets29/58 | €117,734 | €141,921 | €82,334 | €97,063 | €23,489 | ▼ 75.8% |
| Stocks and contracts in progress3 | €18,487 | €10,379 | €7,569 | €7,785 | €8,177 | ▲ 5.0% |
| Stocks30/36 | - | €10,379 | €7,569 | €7,785 | €8,177 | ▲ 5.0% |
| Amounts receivable within one year40/41 | €48,741 | €47,524 | €52,285 | €45,178 | €2,824 | ▼ 93.7% |
| Trade receivables40 | - | €46,362 | €49,708 | €42,601 | €2,824 | ▼ 93.4% |
| Other amounts receivable41 | - | €1,162 | €2,577 | €2,577 | - | - |
| Cash at bank and in hand54/58 | €46,287 | €75,156 | €15,334 | €37,740 | €7,998 | ▼ 78.8% |
| Deferred charges and accrued income490/1 | - | €8,862 | €7,146 | €6,360 | €4,491 | ▼ 29.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €150,859 | €170,793 | €109,634 | €122,792 | €48,477 | ▼ 60.5% |
| Equity10/15 | €89,425 | €87,610 | €60,573 | €46,943 | €11,913 | ▼ 74.6% |
| Contributions10/11 | - | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €28,248 | €28,248 | €28,248 | €28,248 | €26,389 | ▼ 6.6% |
| Non-distributable reserves130/1 | - | €1,859 | €1,859 | - | - | - |
| Reserves not available under the articles1311 | - | €1,859 | €1,859 | - | - | - |
| Tax-exempt reserves132 | - | €16,389 | €16,389 | €16,389 | €16,389 | = |
| Distributable reserves133 | - | €10,000 | €10,000 | €11,859 | €10,000 | ▼ 15.7% |
| Profit (loss) carried forward14 | €42,585 | €40,769 | €13,733 | €103 | -€33,068 | ▼ 32,246% |
| Provisions and deferred taxes16 | €5,949 | €5,949 | €5,949 | €5,949 | €5,949 | = |
| Provisions for liabilities and charges160/5 | - | €5,949 | €5,949 | €5,949 | €5,949 | = |
| Other liabilities and charges164/5 | - | €5,949 | €5,949 | €5,949 | €5,949 | = |
| Amounts payable17/49 | €55,484 | €77,234 | €43,111 | €69,899 | €30,615 | ▼ 56.2% |
| Amounts payable within one year42/48 | €55,484 | €77,234 | €43,111 | €69,899 | €30,615 | ▼ 56.2% |
| Trade debts44 | €30,923 | €48,217 | €14,543 | €31,505 | €3,724 | ▼ 88.2% |
| Suppliers440/4 | - | €48,217 | €14,543 | €31,505 | €3,724 | ▼ 88.2% |
| Taxes, remuneration and social security45 | - | €29,016 | €28,568 | €38,395 | €16,831 | ▼ 56.2% |
| Taxes450/3 | - | €9,908 | €11,691 | €13,746 | €3,442 | ▼ 75.0% |
| Remuneration and social security454/9 | - | €19,108 | €16,877 | €24,648 | €13,389 | ▼ 45.7% |
| Other amounts payable47/48 | - | - | - | - | €10,059 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €41,277 | -€1,816 | -€27,036 | -€13,630 | -€35,030 | ▼ 157% |
| + Depreciation and write-downs630 | €1,225 | €1,571 | €1,571 | €1,571 | €741 | ▼ 52.8% |
| Operating cash flow (approximation) | €42,501 | -€244 | -€25,465 | -€12,059 | -€34,289 | ▼ 184% |
| Investment in fixed assets (approximation) | - | €2,681 | €0 | €0 | €0 | - |
| Change in cash | - | €28,869 | -€59,822 | €22,406 | -€29,743 | ▼ 233% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €41,277
Net result €41,277 after 2 loss-making years.
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
17-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
06-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Brussel · 1 establishment unit since 1953
Ground area
180 m²
Building footprint
92 m²
Volume, LiDAR
1,267 m³
Parcel 21816C0099/00K006, Brussels · tallest building 17.2 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Emile Delvastraat 57, 1020 Brussel
since 19532.005.972.965
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21816C0099/00K006 | Brussels | 180 m² | 1 · 92 m² | 17.2 m · 5 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.
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Of 125 companies in sector 17120 we hold annual accounts for 93. 16 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
Founded01-01-1968
Fiscal year end31-12
Activities, NACEBEL 2025
17120Manufacture of paper and paper products
46643Wholesale of electrical equipment, including installation materials
E-invoicing
Reachable via Peppol
Peppol ID
0208:0401895348
Registered
05-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.