SC Packaging
Open bankruptcyA bankruptcy procedure is open for SC Packaging according to publications in the Belgian State Gazette; curator: ELISA DECOSTERE.
Summary
The file additionally contains 1 administrative flag. The 2024 annual accounts show negative equity (-€99,612) and a net result of €55.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Ghent, Kortrijk division
- Declared bankrupt
- 18 September 2025
- Supervising judge
- Frank Vandelanotte
- Official Gazette
- 24-09-2025 (pdf) ↗search the document for 2025/138266
Curator
- Elisa DecostereRoeselaarsestraat 55 A, 8850 Ardooieelisa.decostere@advocaat.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 15862 sector peers (2024).
NBB · sector comparisonPosition among 15862 sector peers
Solvency
better than 11%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
34 d early
2023
2 d early
2022
30 d late
2021
40 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 12 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Address check Are there other customers at risk in your own list?Debtor check How is the Wholesale trade sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
-€99,612▲ 0.1%
2023 · -€99,667
Total assets
€162,194▲ 3.9%
2023 · €156,152
Net result
€55
2023 · -€105,520
Working capital
-€112,931▲ 5.0%
2023 · -€118,828
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2021202220232024
Operating result€11,878--€9,824-€103,505▼ 954%-€793▲ 99.2%
Net result€2,476--€6,623-€105,520▼ 1,493%€55
Equity€12,476-€5,853▼ 53.1%-€99,667-€99,612▲ 0.1%
Total assets€138,888-€207,903▲ 49.7%€156,152▼ 24.9%€162,194▲ 3.9%
Debt€126,412-€202,050▲ 59.8%€255,819▲ 26.6%€261,807▲ 2.3%
Working capital€4,594--€21,067-€118,828▼ 464%-€112,931▲ 5.0%
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 €793 in 2024 against €103,505 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €162,194
Fixed assets
€13,592 ▼ 29.1%
Current assets
€148,602 ▲ 8.5%
Key figures and ratios
EBITDA
€4,775▲
2023 · -€95,746
Cash flow
€5,623▲
2023 · -€97,761
Solvency
-61.4%▲
2023 · -63.8%
Current ratio
0.57▲
2023 · 0.54
Debt to equity
-2.63▼
2023 · -2.57
ROA
0.0%▲
2023 · -67.6%
Interest coverage
0.83▲
2023 · -13.53
Debt ≤ 1 year
€261,533▲
2023 · €255,819
Income taxes
€626▲
2023 · €613
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,366 | €5,121 | €7,759 | €5,568 | ▼ 28.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €8,640 | - | - |
| Other operating charges640/8 | €2,623 | €12,583 | €5,552 | €1,847 | ▼ 66.7% |
| Gross operating margin9900 | €16,867 | €7,880 | -€81,554 | €6,622 | ▲ 108% |
| Operating profit (loss)9901 | €11,878 | -€9,824 | -€103,505 | -€793 | ▲ 99.2% |
| Financial income75/76B | €150 | €11,369 | €5,673 | €7,212 | ▲ 27.1% |
| Recurring financial income75 | €150 | €11,369 | €5,673 | €7,212 | ▲ 27.1% |
| Financial charges65/66B | €5,575 | €4,536 | €7,075 | €5,739 | ▼ 18.9% |
| Recurring financial charges65 | €5,575 | €4,536 | €7,075 | €5,739 | ▼ 18.9% |
| Profit (loss) for the period before taxes9903 | €6,453 | -€2,991 | -€104,907 | €681 | ▲ 101% |
| Income taxes67/77 | €3,977 | €3,633 | €613 | €626 | ▲ 2.1% |
| Profit (loss) for the period9904 | €2,476 | -€6,623 | -€105,520 | €55 | ▲ 100% |
| Profit (loss) for the period to be appropriated9905 | €2,476 | -€6,623 | -€105,520 | €55 | ▲ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €138,888 | €207,903 | €156,152 | €162,194 | ▲ 3.9% |
| Fixed assets21/28 | €7,882 | €26,919 | €19,160 | €13,592 | ▼ 29.1% |
| Intangible fixed assets21 | €3,789 | €23,877 | €17,162 | €12,335 | ▼ 28.1% |
| Tangible fixed assets22/27 | €4,093 | €3,043 | €1,998 | €1,257 | ▼ 37.1% |
| Plant, machinery and equipment23 | €3,480 | - | - | - | - |
| Furniture and vehicles24 | €613 | €304 | - | - | - |
| Other tangible fixed assets26 | - | €2,739 | €1,998 | €1,257 | ▼ 37.1% |
| Current assets29/58 | €131,006 | €180,983 | €136,991 | €148,602 | ▲ 8.5% |
| Amounts receivable within one year40/41 | €128,778 | €177,199 | €134,912 | €145,134 | ▲ 7.6% |
| Trade receivables40 | €61,379 | €78,637 | €25,550 | €4,912 | ▼ 80.8% |
| Other amounts receivable41 | €67,399 | €98,562 | €109,361 | €140,222 | ▲ 28.2% |
| Current investments50/53 | - | - | - | €2,654 | - |
| Cash at bank and in hand54/58 | €226 | €2,888 | €1,110 | €9 | ▼ 99.2% |
| Deferred charges and accrued income490/1 | €2,001 | €897 | €969 | €806 | ▼ 16.8% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €138,888 | €207,903 | €156,152 | €162,194 | ▲ 3.9% |
| Equity10/15 | €12,476 | €5,853 | -€99,667 | -€99,612 | ▲ 0.1% |
| Contributions10/11 | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Reserves13 | €2,476 | €2,476 | €2,476 | €2,476 | = |
| Distributable reserves133 | €2,476 | €2,476 | €2,476 | €2,476 | = |
| Profit (loss) carried forward14 | - | -€6,623 | -€112,143 | -€112,088 | = |
| Amounts payable17/49 | €126,412 | €202,050 | €255,819 | €261,807 | ▲ 2.3% |
| Amounts payable within one year42/48 | €126,412 | €202,050 | €255,819 | €261,533 | ▲ 2.2% |
| Financial debts43 | - | - | €40,000 | €40,000 | = |
| Credit institutions430/8 | - | - | €40,000 | €40,000 | = |
| Trade debts44 | €71,535 | €119,868 | €187,220 | €186,146 | ▼ 0.6% |
| Suppliers440/4 | €71,535 | €119,868 | €187,220 | €186,146 | ▼ 0.6% |
| Taxes, remuneration and social security45 | €54,819 | €82,182 | €28,599 | €35,388 | ▲ 23.7% |
| Taxes450/3 | €54,819 | €82,182 | €26,099 | €35,388 | ▲ 35.6% |
| Remuneration and social security454/9 | - | - | €2,500 | - | - |
| Other amounts payable47/48 | €57 | - | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €274 | - |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,476 | -€6,623 | -€105,520 | €55 | ▲ 100% |
| + Depreciation and write-downs630 | €2,366 | €5,121 | €7,759 | €5,568 | ▼ 28.2% |
| Operating cash flow (approximation) | €4,842 | -€1,502 | -€97,761 | €5,623 | ▲ 106% |
| Investment in fixed assets (approximation) | - | -€24,158 | €0 | €0 | - |
| Change in cash | - | €2,661 | -€1,777 | -€1,102 | ▲ 38.0% |
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
2025
03-11
KBO administration
Address struck
Waterstraat 20 8740 Die Sitzadresse Waterstraat 20 8740 Pittem · event 30-08-2025
24-09
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Kortrijk · event 18-09-2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €55
Net result €55 after 2 loss-making years.
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet -€105,520
Net result drops to -€105,520, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Directors · office · real estate
Directors
2 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, Pittem · 1 establishment unit since 2020
Ground area
3,040 m²
Building footprint
219 m²
Volume, LiDAR
1,078 m³
Parcel 37011D0474/00E000, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
SC Packaging
since 20202.310.250.087
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37011D0474/00E000 | Flanders | 3,040 m² | 1 · 219 m² | 7.9 m · 2 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ELISA DECOSTERE ROESELAARSESTRAAT 55 A,
8850 ARDOOIE |
18-09-2025 → present |
Public money · subsidies and aid
Flemish government
2022 to 2024 · 3 entries · 2,741 EUR awarded · 2,741 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 600 EUR | 600 EUR |
| 2023 | 1 | 278 EUR | 278 EUR |
| 2022 | 1 | 1,863 EUR | 1,863 EUR |
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Of 192 companies in sector 46493 we hold annual accounts for 85. 18 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
Founded04-12-2020
Fiscal year end31-12
Activities, NACEBEL 2025
46493Wholesale trade
46190Agents in non-specialised wholesale trade
73110Advertising agencies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0759448335
Also
9925:BE0759448335
Registered
31-10-2023
The company is no longer active; its Peppol card can remain until its access point withdraws it.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.