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RAJAPACK BENELUX

Active
Public limited companyfounded 1987active for 38 yearsVrijheidweg 8, 3700 Tongeren-Borgloon, BelgiumKBO/BCE: BE 0432.683.445

From the official registers: KBO 38 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

RAJAPACK BENELUX has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €22.3m and a net result of €16.3m. Equity has been growing by about 4.9% per year since 2018. Its solvency ranks better than 64% of 6,167 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

KBO
Status
Active since 04-12-1987 Normal situation
Activity
Non-specialised wholesale trade NACE 46900and 1 other
Establishment unit
2.031.977.774 3700 Tongeren-Borgloon, since 28-11-2000
Financial year end
31 December
Peppol
Reachable since 26-06-2024

Board and ownership

Board
Shareholders
Holdings
Shares in 1 company Rajapack Benelux B.V.

Financial position

95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Turnover
€101.0m
▲ 0.6%
Profit
€16.3m
▼ 3.4%
Equity
€22.3m
▼ 7.0%
Total assets
€38.5m
▼ 17.4%
Staff
203 FTE
▼ 1.2%
Filed on 09-07-2026, 22 days before the deadlineat the National Bank
Score breakdownraises riskLiquidity: current ratio 2.14, cash €628,759lowers riskFounded in 1987Equity €22.3m (58.0% of total assets)Size: turnover €101.0m, 203 FTE, total assets €38.5mShow the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 60% of medium-sized companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Strong
Solvency 83+7
equity 58.0% of total assets
Liquidity 33+4
short-term debt 40.6% · cash 1.6%
Profitability 88=
return on assets 42.4%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.2% (746 companies, NACE 46, 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 01-2025lowest value 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: 0.1%● unchanged vs 06-2025highest value 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €2,100,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.14 (1.86 in 2024), above the usual 1.5. Short-term debt is 40.6% and cash 1.6% of total assets. 42% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 46, medium-sized). It does better than 72% of them on solvency, 41% on liquidity, 95% on profitability and 31% on growth.

The bankruptcy probability was computed on 31-10-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 1987
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Liquidity: current ratio 2.14, cash €628,759
NBB · annual accounts
lowers risk · Equity €22.3m (58.0% of total assets)
NBB · annual accounts
lowers risk · Size: turnover €101.0m, 203 FTE, total assets €38.5m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
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 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
22 days early
2024
8 days early
2023
5 days early
2022
11 days early
2021
2 days early
2020
11 days early
2019
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 8 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% 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 23 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Largest company by equity in Tongeren-Borgloon, Wholesale and retail trade sectorin the Checked rankings No. 1 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €16.3m 8 years View
  • New directorlatest change 08-06-2026 · 3 in office 1 joined View
  • EU supportawarded in 2023 €256,895 View

Comparable companies

These companies have the same main activity as RAJAPACK BENELUX: non-specialised wholesale trade (NACE 46900). They are comparable in size and age: total assets between €14m and €93m, founded between 1956 and 1994.

CompanyTotal assetsTurnover
RAJAPACK BENELUX Tongeren-Borgloon€38.5m€101.0m
DAIKIN AIRCONDITIONING BELGIUM Oostende€53.4m€178.2m
DREAMLAND Beersel€92.8m€153.5m
A & C SYSTEMS Hoegaarden€62.1m€295.1m
VDP SAFETY Boechout€18.0m€79.2m
GRANIT INTER Charleroi€14.2m€26.9m
ERIKS Belgium Antwerpen€37.0m€120.0m
Full comparison

Documents

Annual accounts at the NBB

All 38 annual accounts

Articles and registers

Key facts about RAJAPACK BENELUX

What is the company number of RAJAPACK BENELUX?
The company number of RAJAPACK BENELUX is 0432.683.445. The VAT number is the same number with BE in front: BE 0432.683.445.
Where is RAJAPACK BENELUX based?
The registered office is at Vrijheidweg 8, 3700 Tongeren-Borgloon.Company details
What does RAJAPACK BENELUX do?
According to the KBO register, the main activity is non-specialised wholesale trade (NACE 46900).
What is the legal form of RAJAPACK BENELUX?
The legal form of RAJAPACK BENELUX is Public limited company (NV).
When was RAJAPACK BENELUX founded?
RAJAPACK BENELUX was founded on 04-12-1987.
Is RAJAPACK BENELUX still active?
Yes, RAJAPACK BENELUX is an active enterprise in the KBO register.
How many employees does RAJAPACK BENELUX have?
RAJAPACK BENELUX had an average of 203 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of RAJAPACK BENELUX?
The turnover of RAJAPACK BENELUX was €101.0m in financial year 2025, according to the filed annual accounts.
Is RAJAPACK BENELUX profitable?
In financial year 2025, RAJAPACK BENELUX made a profit of €16.3m.
Where can I find the annual accounts of RAJAPACK BENELUX?
RAJAPACK BENELUX filed 38 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of RAJAPACK BENELUX due?
RAJAPACK BENELUX must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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