SONOCO
ActiveSummary
SONOCO has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.06bn and a net result of €279.2m. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 95% of 3221 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
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Signals
This company filed its last 7 accounts on average 15 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
History
SONOCO was incorporated on 16 August 1989.1 Between 2011 and 2023 the capital was increased 5 times, most recently to EUR 2.1 billion.234 The registered office was moved to Diegem in 2021.5 Since 2025 the company has been called SONOCO.6 The board currently has 2 members; Adam G. Wood has served longest, since 2010.7 Revenue fell from EUR 7.6 million in 2018 to EUR 5.6 million in 2025 and headcount from 24 to 21.1 full-time equivalents.8
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Financials · fiscal year 2025, full schema
Click a name to add, emphasise or remove a line.
- 2023 Equity +11,719%, Total assets +814% on 2022. Capital increase of €2,068,909,304 (Official Gazette 08-12-2023).
- 2021 Equity -75% on 2020. Capital reduction of €50,000,000 (Official Gazette 01-10-2021).
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €8.3m | €9.3m | €9.9m | €8.3m | €8.0m | ▼ 4.5% |
| Turnover70 | €5.9m | €6.8m | €7.2m | €5.8m | €5.6m | ▼ 3.7% |
| Other operating income74 | €2.4m | €2.6m | €2.7m | €2.5m | €2.3m | ▼ 6.4% |
| Operating charges60/66A | €7.7m | €8.8m | €9.3m | €7.8m | €8.4m | ▲ 7.3% |
| Services and other goods61 | €3.9m | €4.5m | €4.3m | €2.6m | €2.4m | ▼ 7.2% |
| Remuneration, social security and pensions62 | €3.6m | €4.0m | €4.9m | €5.0m | €5.9m | ▲ 18.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €87,415 | €89,779 | €76,724 | €48,788 | €32,361 | ▼ 33.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €16,057 | - |
| Other operating charges640/8 | €159,053 | €218,258 | €55,391 | €222,935 | €48,186 | ▼ 78.4% |
| Operating profit (loss)9901 | €540,241 | €520,124 | €588,338 | €487,148 | -€456,645 | ▼ 194% |
| Financial income75/76B | €815,432 | €1.9m | €6.6m | €2.3m | €280.7m | ▲ 12,099% |
| Recurring financial income75 | €815,432 | €1.9m | €6.6m | €2.3m | €280.7m | ▲ 12,099% |
| Income from financial fixed assets750 | €803,600 | €1.4m | €4.7m | €1.3m | €279.8m | ▲ 21,146% |
| Income from current assets751 | €11,832 | €514,612 | €1.9m | €983,914 | €684,524 | ▼ 30.4% |
| Other financial income752/9 | - | - | - | - | €205,033 | - |
| Non-recurring financial income76B | - | - | €575 | €493 | €62,577 | ▲ 12,594% |
| Financial charges65/66B | €234,386 | €1.2m | €4.7m | €1.9m | €1.1m | ▼ 42.2% |
| Recurring financial charges65 | €234,386 | €1.2m | €4.7m | €1.9m | €1.1m | ▼ 42.2% |
| Debt charges650 | €102,123 | €1.1m | €4.6m | €1.8m | €852,535 | ▼ 51.7% |
| Other financial charges652/9 | €132,263 | €131,444 | €119,499 | €119,322 | €236,333 | ▲ 98.1% |
| Profit (loss) for the period before taxes9903 | €1.1m | €1.2m | €2.5m | €903,063 | €279.2m | ▲ 30,816% |
| Income taxes67/77 | €318,328 | €352,527 | €637,208 | €252,173 | -€1,385 | ▼ 101% |
| Taxes670/3 | €318,328 | €352,527 | €637,208 | €268,342 | - | - |
| Tax adjustments and reversals of tax provisions77 | - | - | - | €16,168 | €1,385 | ▼ 91.4% |
| Profit (loss) for the period9904 | €802,960 | €831,679 | €1.8m | €650,890 | €279.2m | ▲ 42,794% |
| Profit (loss) for the period to be appropriated9905 | €802,960 | €831,679 | €1.8m | €650,890 | €279.2m | ▲ 42,794% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €234.2m | €255.7m | €2.34bn | €2.11bn | €2.06bn | ▼ 2.2% |
| Fixed assets21/28 | €133.5m | €132.0m | €2.17bn | €2.06bn | €2.02bn | ▼ 1.7% |
| Intangible fixed assets21 | €35,347 | €11,417 | €3,302 | - | - | - |
| Tangible fixed assets22/27 | €313,972 | €248,124 | €205,011 | €159,526 | €127,165 | ▼ 20.3% |
| Furniture and vehicles24 | €313,972 | €248,124 | €205,011 | €159,526 | €127,165 | ▼ 20.3% |
| Financial fixed assets28 | €133.2m | €131.8m | €2.17bn | €2.06bn | €2.02bn | ▼ 1.7% |
| Affiliated companies280/1 | €133.2m | €131.8m | €2.17bn | €2.06bn | €2.02bn | ▼ 1.7% |
| Participating interests280 | - | - | €2.07bn | €2.02bn | €2.02bn | = |
| Amounts receivable281 | €133.2m | €131.8m | €104.0m | €37.4m | €2.2m | ▼ 94.2% |
| Other financial fixed assets284/8 | €4,633 | €310 | €310 | €310 | - | - |
| Amounts receivable and cash guarantees285/8 | €4,633 | €310 | €310 | €310 | - | - |
| Current assets29/58 | €100.7m | €123.7m | €164.0m | €50.4m | €39.1m | ▼ 22.5% |
| Amounts receivable within one year40/41 | €3.4m | €4.0m | €4.4m | €50.1m | €4.0m | ▼ 92.0% |
| Trade receivables40 | €2.9m | €3.4m | €3.9m | €2.5m | €2.9m | ▲ 17.5% |
| Other amounts receivable41 | €516,995 | €648,283 | €424,052 | €47.7m | €1.1m | ▼ 97.7% |
| Cash at bank and in hand54/58 | €96.5m | €119.3m | €158.3m | €6,913 | €34.9m | ▲ 504,153% |
| Deferred charges and accrued income490/1 | €748,895 | €387,819 | €1.3m | €253,166 | €188,314 | ▼ 25.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €234.2m | €255.7m | €2.34bn | €2.11bn | €2.06bn | ▼ 2.2% |
| Equity10/15 | €16.8m | €17.7m | €2.09bn | €2.03bn | €2.06bn | ▲ 1.4% |
| Contributions10/11 | €7.0m | €7.0m | €2.08bn | €2.03bn | €1.78bn | ▼ 12.3% |
| Capital10 | €7.0m | €7.0m | €2.08bn | €2.03bn | €1.78bn | ▼ 12.3% |
| Issued capital100 | €7.0m | €7.0m | €2.08bn | €2.03bn | €1.78bn | ▼ 12.3% |
| Reserves13 | €664,934 | €706,518 | €797,209 | €829,754 | €14.8m | ▲ 1,682% |
| Non-distributable reserves130/1 | €664,934 | €706,518 | €797,209 | €829,754 | €14.8m | ▲ 1,682% |
| Legal reserve130 | €664,934 | €706,518 | €797,209 | €829,754 | €14.8m | ▲ 1,682% |
| Profit (loss) carried forward14 | €9.2m | €10.0m | €11.7m | €2.3m | €267.5m | ▲ 11,504% |
| Amounts payable17/49 | €217.4m | €238.0m | €248.8m | €77.8m | €2.0m | ▼ 97.4% |
| Amounts payable within one year42/48 | €217.1m | €237.7m | €248.5m | €77.5m | €2.0m | ▼ 97.4% |
| Financial debts43 | €119.9m | €107.4m | €112.4m | €28.5m | €922,990 | ▼ 96.8% |
| Credit institutions430/8 | €119.9m | €107.4m | €112.4m | €28.5m | €922,990 | ▼ 96.8% |
| Trade debts44 | €938,150 | €1.0m | €583,948 | €289,323 | €757,732 | ▲ 162% |
| Suppliers440/4 | €938,150 | €1.0m | €583,948 | €289,323 | €757,732 | ▲ 162% |
| Taxes, remuneration and social security45 | €839,991 | €867,268 | €937,096 | €834,474 | €356,977 | ▼ 57.2% |
| Taxes450/3 | €224,308 | €229,915 | €267,303 | €228,632 | €6,756 | ▼ 97.0% |
| Remuneration and social security454/9 | €615,682 | €637,353 | €669,793 | €605,842 | €350,220 | ▼ 42.2% |
| Other amounts payable47/48 | €95.4m | €128.3m | €134.6m | €47.9m | - | - |
| Accrued charges and deferred income492/3 | €311,031 | €375,627 | €295,546 | €292,800 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €802,960 | €831,679 | €1.8m | €650,890 | €279.2m | ▲ 42,794% |
| + Depreciation and write-downs630 | €87,415 | €89,779 | €76,724 | €48,788 | €32,361 | ▼ 33.7% |
| Operating cash flow (approximation) | €890,375 | €921,458 | €1.9m | €699,678 | €279.2m | ▲ 39,808% |
| Investment in fixed assets (approximation) | - | €1.4m | -€2.04bn | €114.0m | €35.2m | ▼ 69.1% |
| Change in cash | - | €22.7m | €39.0m | -€158.3m | €34.9m | ▲ 122% |
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
06-11
State Gazette act
Appointment: PwC Bedrijfsrevisoren BV (statutory auditor)Permanent representative: Kathleen Verlinden3 facts ▸
- General meeting, 21-10-2025
- Auditor appointment, PwC Bedrijfsrevisoren BV (statutory auditor)
- Permanent representative, Kathleen Verlinden
25-09
State Gazette act
Resignation: BOLAND Jean-Philippe Francine (managing director)Capital decrease · Capital4 facts ▸
- General meeting, 16-09-2025
- Capital decrease, €250.000.000
- Capital, €1.778.509.304
- Director resignation, BOLAND Jean-Philippe Francine (managing director)
21-05
State Gazette act
Statutes amendmentName change2 facts ▸
- General meeting, 05-05-2025
- Name change, SONOCO
13-05
State Gazette act
Reappointment: PwC Bedrijfsrevisoren (statutory auditor)Permanent representative: Kathleen Verlinden · Resignation: PwC Bedrijfsrevisoren (statutory auditor)4 facts ▸
- General meeting, 23-04-2025
- Auditor reappointment, PwC Bedrijfsrevisoren (statutory auditor)
- Permanent representative, Kathleen Verlinden
- Auditor resignation, PwC Bedrijfsrevisoren (statutory auditor)
16-04
State Gazette act
Resignation: Jean-Philippe Boland (director)Appointment: Roger Matthieu Bloemen (director) · Director discharge · Mandate compensation7 facts ▸
- General meeting, 25-03-2025
- Director resignation, Jean-Philippe Boland (director)
- Director discharge, Jean-Philippe Boland
- Director appointment, Roger Matthieu Bloemen (director)
- Mandate compensation, Roger Matthieu Bloemen
- Board composition, Adam Wood (director)
- Board composition, Roger Matthieu Bloemen (director)
09-01
State Gazette act
Capital & shares · Statutes amendmentCapital decrease · Capital3 facts ▸
- General meeting, 23-12-2024
- Capital decrease, €47.400.000
- Capital, €2.028.509.304
Show earlier events
08-12
State Gazette act
Capital & shares · Statutes amendmentCapital increase · Capital · Power of attorney4 facts ▸
- General meeting, 29-11-2023
- Capital increase, €2.068.909.304
- Capital, €2.075.909.304
- Power of attorney, DE CLIPPELE ADVOCATEN
05-07
State Gazette act
Resignations: Antonius Mutsaers (director) and Clayton Beck (director and managing director)Appointment: Jean-Philippe Boland (managing director)6 facts ▸
- General meeting, 13-06-2023
- Director resignation, Antonius Mutsaers (director)
- Director resignation, Clayton Beck (director and managing director)
- Board composition, Adam G. Wood (director)
- Board composition, Jean-Philippe Boland (director)
- Director appointment, Jean-Philippe Boland (managing director)
30-05
State Gazette act
Reappointments: Antonius Mutsaers, Clayton Beck and 3 othersAppointment: Clayton Beck (managing director) · Mandate compensation · Power of attorney12 facts ▸
- General meeting, 26-04-2022
- Director reappointment, Antonius Mutsaers (director)
- Mandate compensation, Antonius Mutsaers
- Director reappointment, Clayton Beck (director)
- Director appointment, Clayton Beck (managing director)
- Mandate compensation, Clayton Beck
- Director reappointment, Adam G. Wood (director)
- Mandate compensation, Adam G. Wood
- Director reappointment, Jean-Philippe Boland (director)
- Mandate compensation, Jean-Philippe Boland
- Auditor reappointment, PwC Bedrijfsrevisoren
- Power of attorney, Clippele Advocaten
01-10
State Gazette act
Capital & shares · Purpose · Statutes amendmentCapital decrease · Capital · Purpose change5 facts ▸
- General meeting, 23-09-2021
- Capital decrease, €50.000.000
- Capital, €7.000.000
- Purpose change, De vennootschap heeft als enig voorwerp, de ontwikkeling en de centralisering van de hierna opgesomde, uitsluitend ten voordele van de vennootschappen van de gr…
- Statutes amendment
05-05
State Gazette act
Registered officeRegistered-office move2 facts ▸
- Board meeting, 29-03-2021
- Registered-office move, Twin Square Park, Culliganlaan 1A, 1831 Diegem, België
02-07
State Gazette act
Reappointment: PwC Bedrijfsrevisoren (statutory auditor)Appointment: Filip Lozie (company auditor)3 facts ▸
- General meeting, 17-06-2019
- Auditor reappointment, PwC Bedrijfsrevisoren
- Director appointment, Filip Lozie (company auditor)
04-07
State Gazette act
Appointment: PwC Bedrijfsrevisoren (statutory auditor)Permanent representative: Filip Lozie2 facts ▸
- Auditor appointment, PwC Bedrijfsrevisoren
- Permanent representative, Filip Lozie
19-05
State Gazette act
Capital & sharesCapital increase · Capital · Statutes amendment4 facts ▸
- General meeting
- Capital increase, €22.000.000
- Capital, €57.000.000
- Statutes amendment
11-05
State Gazette act
Resignation: Harold Greg Cummings (director)Reappointments: Antonius Mutsaers, Clayton Beck and Adam G. Wood · Appointment: Jean-Philippe Boland (director) · Director discharge11 facts ▸
- General meeting, 08-03-2016
- Director resignation, Harold Greg Cummings (director)
- Director discharge, Harold Greg Cummings
- Director reappointment, Antonius Mutsaers (director)
- Mandate compensation, Antonius Mutsaers
- Director reappointment, Clayton Beck (director and managing director)
- Mandate compensation, Clayton Beck
- Director reappointment, Adam G. Wood (director)
- Mandate compensation, Adam G. Wood
- Director appointment, Jean-Philippe Boland (director)
- Mandate compensation, Jean-Philippe Boland
16-10
State Gazette act
Capital & shares · Statutes amendmentCapital increase · Capital4 facts ▸
- General meeting
- Capital increase, €21.500.000
- Capital, €35.000.000
- Statutes amendment
03-11
State Gazette act
Appointment: Filip Lozie (statutory auditor)Resignation: Bart Van Gompel (statutory auditor)3 facts ▸
- General meeting, 22-10-2014
- Director appointment, Filip Lozie (statutory auditor)
- Director resignation, Bart Van Gompel (statutory auditor)
22-01
State Gazette act
Appointment: Clayton Beck (managing director)Mandate compensation9 facts ▸
- Board composition, Clayton Beck (director)
- Board composition, Adam Wood (director)
- Board composition, Antonius Mutsaers (director)
- Board composition, Harold Greg Cummings (director)
- Director appointment, Clayton Beck (managing director)
- Mandate compensation, Adam Wood
- Mandate compensation, Antonius Mutsaers
- Mandate compensation, Harold Greg Cummings
- Mandate compensation, Clayton Beck
02-01
State Gazette act
Reappointment: PricewaterhouseCoopers bedrijfsrevisoren (commissaris revisor)Permanent representative: Bart Van Gompel3 facts ▸
- General meeting, 25-06-2013
- Auditor reappointment, PricewaterhouseCoopers bedrijfsrevisoren (commissaris revisor)
- Permanent representative, Bart Van Gompel
22-10
State Gazette act
Resignation: Adam Wood (managing director)Appointment: Harold Greig Cummings (director) · Mandate compensation6 facts ▸
- Board meeting, 26-09-2013
- Director resignation, Adam Wood (managing director)
- Mandate compensation, Clayton Beck
- General meeting, 26-09-2013
- Director appointment, Harold Greig Cummings (director)
- Mandate compensation, Harold Greig Cummings
11-04
State Gazette act
Appointment: Clayton Beck (director)Mandate compensation5 facts ▸
- General meeting, 01-12-2012
- Director appointment, Clayton Beck (director)
- Mandate compensation, Clayton Beck
- Board meeting, 01-12-2012
- Director appointment, Clayton Beck (managing director)
14-12
State Gazette act
Capital & shares · Statutes amendmentCapital increase · Share issue · Bank account8 facts ▸
- General meeting, 27-11-2012
- Capital increase, €4.563.000
- Share issue, 720853, 6.33
- Bank account, Deutsche Bank, 4563000.0
- Capital, €13.500.000
- Statutes amendment
- Preemption waiver, wettelijke en contractuele voorkeurrechten
- Shareholding, 2774409
12-11
State Gazette act
Statutes amendmentApproval · Purpose change · Power of attorney5 facts ▸
- General meeting, 25-10-2012
- Approval
- Purpose change, Uitbreiding van het vennootschapsdoel met financiële en economische transacties, garanties, borgen, participaties, leningen, obligaties en andere geldelijke bel…
- Statutes amendment
- Power of attorney, Philippe Vernimmen
26-04
State Gazette act
Capital & shares · Statutes amendmentCapital increase · Share issue · Bank account7 facts ▸
- General meeting, 29-03-2011
- Capital increase, €947.867
- Share issue, 947867, EUR
- Bank account, Deutsche Bank, 6000000.0
- Capital, €8.937.000
- Statutes amendment
- Power of attorney, Francis de Clippele
15-03
State Gazette act
Reappointment: PricewaterhouseCoopers Bedrijfsrevisoren (company auditor)Permanent representative: Bart Van Gompel · Mandate compensation4 facts ▸
- General meeting, 17-05-2010
- Auditor reappointment, PricewaterhouseCoopers Bedrijfsrevisoren (company auditor)
- Permanent representative, Bart Van Gompel
- Mandate compensation, PricewaterhouseCoopers Bedrijfsrevisoren
03-02
State Gazette act
Resignation: Edward Smith (director and managing director)Appointment: Adam G. Wood (director) · Director discharge · Mandate compensation7 facts ▸
- General meeting, 22-12-2010
- Director resignation, Edward Smith (director and managing director)
- Director discharge, Edward Smith
- Director appointment, Adam G. Wood (director)
- Mandate compensation, Adam G. Wood
- Board meeting, 22-12-2010
- Director appointment, Adam G. Wood (managing director)
20-06
State Gazette act
Reappointment: PricewaterhouseCoopers Bedrijfsrevisoren (statutory auditor)2 facts ▸
- General meeting, 28-06-2004
- Auditor reappointment, PricewaterhouseCoopers Bedrijfsrevisoren
Directors · office · real estate
Board 2
1 not recently confirmed
Day-to-day management 1
1 establishment unit
2 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23015B0092/00R000 | Flanders | 3.7 ha | 1 · 8,877 m² | 19.9 m |
| 23015B0221/00A008 | Flanders | 1,156 m² | 1 · 1,156 m² | 18.9 m · 5 fl. |
Linked by address, not proof of ownership
Mandate history
- Board
- Day-to-day management
- Statutory auditor
- not recently confirmed
- began earlier
| Name | Functions and periods |
|---|---|
| Adam G. Wood |
|
| Roger Matthieu Bloemen |
|
| Harold Greig Cummings |
|
| Jean-Philippe Boland |
|
| Clayton Beck |
|
| Antonius Mutsaers |
|
| Filip Lozie |
|
| Harold Greg Cummings |
|
| Bart Van Gompel |
|
| PricewaterhouseCoopers Reviseurs d'Entreprises |
|
| Adam Wood |
|
| Edward Smith |
|
Structure & network
Owners and holdings
1 owner · 6 holdingsChain of control
- SONOCO PRODUCTS COMPANYUS
- SONOCO
Highest known parent: SONOCO PRODUCTS COMPANY (United States). The sources do not say who stands above it.
Owners 1
- SPC Global IncUSparentSourceown accounts 2025100%
Stated earlier (1)
An older source named these owners; newer accounts no longer list them.
- Sourceact 14-12-20122,774,409 shares
Holdings 6
-
100%
-
100%
-
100%
-
99.98%
-
90.06%
-
10.11%
According to the 2025 annual accounts of SONOCO and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
Capital and shareholders
- Etn. Tubetex Bvba (BE 0416.161.078) 2,774,409 shares
- Sonoco International Holdings Gmbh
- Etablissementen Tubetex (BE 0416.161.078)
The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 25-09-2025 Capital reduction of 250,000,000 EUR · to 1,778,509,304 EUR · repaid to the shareholders
- 09-01-2025 Capital reduction of 47,400,000 EUR · to 2,028,509,304 EUR · repaid to the shareholders
- 08-12-2023 Capital increase of 2,068,909,304 EUR · to 2,075,909,304 EUR · 71,036,646 new shares · in kind
- 01-10-2021 Capital reduction of 50,000,000 EUR · to 7,000,000 EUR
- 19-05-2016 Capital increase of 22,000,000 EUR · to 57,000,000 EUR · 1,743,915 new shares
- 16-10-2015 Capital increase of 21,500,000 EUR · to 35,000,000 EUR · “verhoging van de fractiewaarde van de bestaande aandelen”
- 14-12-2012 Capital increase of 4,563,000 EUR · to 13,500,000 EUR · 720,853 new shares · in cash
- 26-04-2011 Capital increase of 947,867 EUR · to 8,937,000 EUR · 947,867 new shares · in cash
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 1,022 EUR awarded · 1,022 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 596 EUR | 596 EUR |
| 2024 | 1 | 426 EUR | 426 EUR |
Recognitions · licences · registrations
Legal Entity Identifier
Similar companies · same sector, comparable size
Identification & contact
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.