SAPPI INTERNATIONAL
ActiveFrom the official registers: KBO 33 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
SAPPI INTERNATIONAL has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €313.1m and a net result of €16.7m. Equity has been growing by about 4.4% per year since 2019. Its solvency ranks better than 32% of 3,861 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Official details
KBO- Status
- Active since 31-03-1993 Normal situation
- Registered office
- 189 active companies are registered at this address 13 started in the 12 months before. Source: KBO register, as of 1 November 2026.
- Activity
- Activities of head offices NACE 70100
- Establishment unit
- 2.062.178.329 1170 Watermaal-Bosvoorde, since 18-05-1993
- Financial year end
- 30 September
- Peppol
- Reachable since 22-12-2025
Board and ownership
- Glen PearceDirector
- Jörg PässlerDirector
- Leo di AmatoDirector
- Auditor
- KPMG Réviseurs d'Entreprises BV/SRL
- SAPPI PAPIER HOLDING GMBH100%annual accounts 30-09-2025
- SAPPI LIMITED SOUTH AFRICA0%annual accounts 30-09-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Turnover
- €5.9m
- ▲ 45.4%
- Profit
- €16.7m
- ▼ 16.9%
- Equity
- €313.1m
- ▲ 5.6%
- Total assets
- €956.5m
- ▼ 39.6%
- Employees on 30-09-2025
- 31
- ▲ 34.8%
Score breakdownraises riskLiquidity: current ratio 1.50, cash €37.8mlowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Founded in 1993Legal form: public limited companyShow the evidence
Checked score
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 70, small). It does better than 32% of them on solvency, 9% on liquidity, 5% on profitability and 73% on growth.
The bankruptcy probability was computed on 01-11-2026 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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Signals
The company filed its last 7 accounts on average 99 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (1)
Key points
- Positive: Largest company by total assets in Watermaal-Bosvoorde, Professional and technical services sectorin the Checked rankings No. 1 View
- Positive: Turnover rose in 2025from €4.1m to €5.9m ▲ 45.4% View
- Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
- Positive: 4 years of growth in a rowturnover 2025: €5.9m 4 years View
Comparable companies
These companies have the same main activity as SAPPI INTERNATIONAL: activities of head offices (NACE 70100). They are comparable in size and age: total assets between €326m and €2.1bn, founded between 1988 and 2007.
| Company | Total assets | Turnover |
|---|---|---|
| SAPPI INTERNATIONAL Watermaal-Bosvoorde | €956.5m | €5.9m |
| S.B. MANAGEMENT AND SERVICES Elsene | €1,272.2m | €5.8m |
| EXMAR Antwerpen | €805.2m | €5.3m |
| KOMATSU EUROPE COORDINATION CENTER Vilvoorde | €1,077.5m | €3.5m |
| IMAGOR S.A. Brussel | €1,580.1m | €5.8m |
| SONOCO Machelen (Brab.) | €2,062.9m | €5.6m |
| ALCOGROUP Watermaal-Bosvoorde | €325.9m | €6.6m |
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 16-01-2026
- Annual accounts 2024filed on 20-01-2025
- Annual accounts 2023filed on 16-01-2024
- Annual accounts 2022filed on 16-01-2023
Acts in the Belgian Official Gazette
- Resignations & appointmentsact of 23-02-2026
- Resignations & appointmentsact of 02-04-2025
- Amendment of the articlesact of 09-01-2025
- Resignations & appointmentsact of 27-02-2024
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
Key facts about SAPPI INTERNATIONAL
- What is the company number of SAPPI INTERNATIONAL?
- The company number of SAPPI INTERNATIONAL is 0449.887.582. The VAT number is the same number with BE in front: BE 0449.887.582.
- Where is SAPPI INTERNATIONAL based?
- The registered office is at Terhulpsesteenweg 166, 1170 Watermaal-Bosvoorde.Company details
- What does SAPPI INTERNATIONAL do?
- According to the KBO register, the main activity is activities of head offices (NACE 70100).
- What is the legal form of SAPPI INTERNATIONAL?
- The legal form of SAPPI INTERNATIONAL is Public limited company (NV).
- When was SAPPI INTERNATIONAL founded?
- SAPPI INTERNATIONAL was founded on 31-03-1993.
- Is SAPPI INTERNATIONAL still active?
- Yes, SAPPI INTERNATIONAL is an active enterprise in the KBO register.
- How many employees does SAPPI INTERNATIONAL have?
- SAPPI INTERNATIONAL had an average of 30.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of SAPPI INTERNATIONAL?
- The turnover of SAPPI INTERNATIONAL was €5.9m in financial year 2025, according to the filed annual accounts.
- Is SAPPI INTERNATIONAL profitable?
- In financial year 2025, SAPPI INTERNATIONAL made a profit of €16.7m.
- Where can I find the annual accounts of SAPPI INTERNATIONAL?
- SAPPI INTERNATIONAL filed 33 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
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