PRINTOPACK
ActivePRINTOPACK has been active since 1976 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €573k and a net result of €5k. Equity is growing by ~6.9% per year across the filed fiscal years. Its solvency ranks better than 50% of 299 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
64
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability31▲+17
Solvency68▲+9
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 1.82 against 1.54 in 2023; short-term debt: 48.1% and cash: 18.7% of total assets), but 56.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers 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
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
Sector 18
lower
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
77 d late
2022
92 d late
2021
212 d late
2020
18 d late
2019
32 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€573k▲ 0.8%
2023 · €568k
2018: €339k
2019: €419k
2020: €530k
2021: €617k
2022: €633k
2023: €568k
2018 → 2024
Total assets
€1.33M▼ 21.6%
2023 · €1.69M
2018: €1.05M
2019: €1.08M
2020: €1.65M
2021: €2.12M
2022: €1.90M
2023: €1.69M
2018 → 2024
Net result
€5k
2023 · €-65k
2018: €86k
2019: €82k
2020: €114k
2021: €87k
2022: €16k
2023: €-65k
2018 → 2024
Working capital
€520k▼ 2.4%
2023 · €533k
2018: €352k
2019: €430k
2020: €543k
2021: €630k
2022: €647k
2023: €533k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€530k-€617k▲ 16.4%€633k▲ 2.5%€568k▼ 10.2%€573k▲ 0.8%
Operating result€186k-€158k▼ 14.7%€63k▼ 60.3%€-33k€34k
Net result€114k-€87k▼ 23.8%€16k▼ 82.1%€-65k€5k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €34k after a loss of €33k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.33M
Fixed assets
€168k▼ 4.1%
Current assets
€1.16M▼ 23.6%
Equity and liabilities €1.33M
Equity
€573k▲ 0.8%
Debt
€753k▼ 32.9%
The debt ratio falls from 66.4% to 56.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€41k▲
2023 · €-24k
Cash flow
€12k▲
2023 · €-56k
Solvency
43.2%▲
2023 · 33.6%
Current ratio
1.82▲
2023 · 1.54
Quick ratio
1.82▲
2023 · 1.54
Debt / equity
1.31▼
2023 · 1.98
ROE
0.8%▲
2023 · -11.4%
ROA
0.4%▲
2023 · -3.8%
Interest coverage
1.43▲
2023 · -0.66
Debt
€753k▼
2023 · €1.12M
Debt ≤ 1 year
€638k▼
2023 · €983k
Debt > 1 year
€115k▼
2023 · €140k
Income taxes
€444▼
2023 · €732
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.69M€1.33M▼
Fixed assets21/28€175k€168k▼
Tangible fixed assets22/27€175k€168k▼
Land and buildings22€168k€163k▼
Plant, machinery and equipment23€5k€4k▼
Furniture and vehicles24€2k€870▼
Current assets29/58€1.52M€1.16M▼
Amounts receivable within one year40/41€1.38M€902k▼
Trade receivables40€1.38M€902k▼
Cash at bank and in hand54/58€131k€247k▲
Deferred charges and accrued income490/1€9k€8k▼
Equity and liabilities
Total equity and liabilities10/49€1.69M€1.33M▼
Equity10/15€568k€573k▲
Contributions10/11€174k€174k=
Capital10€174k€174k=
Issued capital100€174k€174k=
Reserves13€455k€455k=
Non-distributable reserves130/1€17k€17k=
Legal reserve130€17k€17k=
Tax-exempt reserves132€124€124=
Distributable reserves133€438k€438k=
Profit (loss) carried forward14€-61k€-56k▲
Amounts payable17/49€1.12M€753k▼
Amounts payable after more than one year17€140k€115k▼
Financial debts170/4€140k€115k▼
Amounts payable within one year42/48€983k€638k▼
Financial debts43€410k€411k▲
Credit institutions430/8€410k€411k▲
Trade debts44€406k€171k▼
Suppliers440/4€406k€171k▼
Taxes, remuneration and social security45€161k€52k▼
Taxes450/3€161k€52k▼
Other amounts payable47/48€5k€3k▼
Accrued charges and deferred income492/3€142€142=
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€7k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€83k-
Other operating charges640/8€29k€28k▼
Gross operating margin9900€88k€69k▼
Operating profit (loss)9901€-33k€34k▲
Financial income75/76B€5k-
Recurring financial income75€5k-
Financial charges65/66B€36k€29k▼
Recurring financial charges65€36k€29k▼
Profit (loss) for the period before taxes9903€-64k€5k▲
Income taxes67/77€732€444▼
Profit (loss) for the period9904€-65k€5k▲
Profit (loss) for the period to be appropriated9905€-65k€5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-61k€-56k▲
Profit (loss) brought forward from the previous period14P€4k€-61k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
16-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 77 days late
2023
31-12
Financial
Weakest financial yearnet €-65k ▼516%
Net result drops to €-65k, the lowest in the series; recovery starts the following year.
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 92 days late
28-02
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 212 days late
2021
18-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 18 days late
2020
31-12
Financial
Highest result since 2018net €114k ▲40.1%
Operating result €186k, net result €114k, both a record.
31-12
Financial
Equity above €500kEq €530k ▲26.6%
3 profitable years in a row build equity to €530k.
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
29-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
23-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
14-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
08-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Tessenderlo-Ham · 1 establishment unit since 1991
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Weggevoerdenstraat 533980 Tessenderlo-HamGround area
1,451 m²
Building footprint
1,023 m²
Volume, LiDAR
182 m³
Parcel 71057A1294/00R000, Flanders · tallest building 3.1 m. Linked by address, not a title deed.
1 establishment unit
PRINTOPACK NV
since 19912.015.762.839
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71057A1294/00R000 | Flanders | 1,451 m² | 1 · 1,023 m² | 3.1 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteTessenderlo-Ham2.015.762.839
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Of 2,856 companies in sector 18130 we hold annual accounts for 831. 480 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded07-04-1976
Fiscal year end31-12
Activities, NACEBEL
18130Pre-press and pre-media services
20600Manufacture of chemicals and chemical products
22250
46900Non-specialised wholesale trade
51900
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.