Equity
-€7,660
Debts exceed assets in financial year 2025.
PROPACK
Lifetime
3 annual accounts with figures on one time axispeak -€2,694 (2025)
-€2,694▲ €811
lowest -€4,112 (2023)
-€2,857▲ €833
peak -€1,112 (2023)
-€7,660▼ €2,857
€11,263▲ 0.8%
Board1 name since 2023
1 director
Documentsfilings and deeds
30-06-202631 days before the deadline
2025micro format
Gross margin from -€3,505 to -€2,694Loss of €2,857Equity from -€4,802 to -€7,660Cash from €5,829 to €3,598
Key points
from the 2025 annual accountsLosses
-€10,660 in three years
Every financial year from 2023 to 2025 closed with a loss. 2023 was the heaviest.
Position in the sector
-212.6%
Lower solvency than 90% of companies in paper. Sector median 48.1% · 56 companies.
Turnover not published (micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 7,654 companies had the same profile as PROPACK has now. Each dot stands for 20 companies, two years later.
84.6%
were still trading
5.8%
stopped another way
8.8%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 7,654 companies, not a prediction for PROPACK. 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
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0803096850
Incorporation
Founding capital of €3,000, 100 shares · Founder: · Appointment: (director) · published on 27-06-2023 · Gazette deed
First establishment
Van Eycklei 24, Antwerp
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PROPACK Antwerp | €3,603 | -€2,694 | -212.6% | - |
| NOPACK Ixelles | €16,470 | -€4,944 | 22.3% | - |
| CBN Internationale Antwerp | €22,944 | -€7,419 | -2609.0% | - |
| FABRISAC Ixelles | €5,647 | €203 | -1072.1% | - |
| AXIPACK Ghent | €10,009 | €3,341 | -213.5% | - |
| SAVOPAC Orp-Jauche | €34,899 | -€4,100 | -1103.3% | - |
These companies have the same main activity as PROPACK: manufacture of paper and paper products (NACE 17210). They are comparable in size and age: total assets between €5,650 and €34,900, founded between 1993 and 2021.
Official details
Source: KBO- Status
- Active since 23-06-2023Normal situation
- Registered office
- 10 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 13 November 2026.
- Activity
- Manufacture of paper and paper productsNACE 17210and 1 other
- Establishment unit
- 2.348.170.9512018 Antwerp, since 23-06-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 30-04-2026
Annual accounts 2025
- €3,603▼ 43.4%
- Filing
- Filed on 30-06-2026, 31 days before the end of the filing period
Insights on PROPACK
PROPACK files the micro format. That format states no turnover. The gross margin rose from -€4,083 in 2023 to -€2,694 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 PROPACK
- What is the company number of PROPACK?
- The company number of PROPACK is 0803.096.850. The VAT number is the same number with BE in front: BE 0803.096.850.
- Where is PROPACK based?
- The registered office is at Van Eycklei 24, 2018 Antwerp.Company details
- What does PROPACK do?
- According to the KBO register, the main activity is manufacture of paper and paper products (NACE 17210).
- What is the legal form of PROPACK?
- PROPACK is a private limited company (BV).
- When was PROPACK founded?
- PROPACK was founded on 23-06-2023.
- Is PROPACK still active?
- Yes, PROPACK is an active enterprise in the KBO register.
- What is the turnover of PROPACK?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is PROPACK profitable?
- In financial year 2025, PROPACK made a loss of €2,857.
- Where can I find the annual accounts of PROPACK?
- PROPACK filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PROPACK due?
- PROPACK must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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