Shareholders
- TG-Group20%
TG-Packaging
ActiveSummary
TG-Packaging has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €21.5m and a net result of €5.4m. Equity has been growing by about 33% per year since 2018. Its solvency ranks better than 83% of 829 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Official details
Source: KBO- Status
- Active since 13-04-2006 Normal situation
- Activity
- Manufacture of fabricated metal products, except machinery and equipment NACE 25999and 2 others
- Joint committees
- 149.01 Paritair Subcomité voor de elektriciens: installatie en distributie
- 200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
- Establishment unit
- 2.153.046.642 9130 Beveren-Kruibeke-Zwijndrecht, since 21-04-2006
- Financial year end
- 31 December
- Peppol
- Reachable since 19-12-2025
Board and ownership
Board
- De Kriekelaar BVDirector · since 01-01-2021
- HVL ServicesDirector · permanent representative Hans Van Looveren
- Auditor
- VGD Bedrijfsrevisoren
Shareholders
- Sealium80%2025 annual accounts of Sealium
- Tom Vermonden40.8%annual accounts 2023
- Greet Van Mieghem39.2%annual accounts 2023
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.3%
Annual accounts 2025
- Turnover
- €25.2m
- ▲ 102%
- Profit
- €5.4m
- ▼ 27.5%
- Equity
- €21.5m
- ▲ 12.1%
- Total assets
- €28.8m
- ▲ 12.7%
- Employees on 31-12-2025
- 48
- ▲ 2.1%
Filed on 29-06-2026, 32 days before the deadline
Score breakdownraises risk2 of the last 3 accounts lateLiquidity: current ratio 2.50, cash €730,322, halvedlowers riskSize: turnover €25.2m, 50.6 FTE, total assets €28.8mFounded in 2006Show the evidence
Checked score
Score 2025
91
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 83% of medium-sized companies in fabricated metal products (NACE 25)
Financial strength · tick: 2024
Strong
Solvency
100=
equity 74.6% of total assets
Liquidity
44-13
short-term debt 25.4% · cash 2.5%
Profitability
95-5
return on assets 18.8%
Bankruptcy probability within 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.4%▲ +0.2 percentage points vs 07-2025
09-2025: 0.4%● unchanged vs 08-2025
10-2025: 0.7%▲ +0.3 percentage points vs 09-2025highest value
11-2025: 0.1%▼ -0.6 percentage points 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 03-2026lowest value
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.3%▲ +0.2 percentage points vs 06-2026
08-2026: 0.3%● unchanged vs 07-2026
09-2026: 0.3%● unchanged vs 08-2026
10-2026: 0.3%● unchanged vs 09-2026
11-2026: 0.3%● unchanged vs 10-2026
Credit of up to €1,950,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.5 (3.59 in 2024), above the usual 1.5. Short-term debt is 25.4% and cash 2.5% of total assets. 25.4% 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 25, medium-sized). It does better than 89% of them on solvency, 60% on liquidity, 97% on profitability and 88% 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
Five signals.
lowers riskraises riskneutral
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 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
32 days early
2024
61 days late
2023
62 days late
2022
on the day
2021
37 days early
2020
131 days late
2019
116 days late
← 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 43 days after the deadline. In the sector (NACE 25), the median for financial year 2024 was 7 days before the deadline, and 35% 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 31 July (4 of the last 5 accounts filed within 61 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
Key points
- Positive: Turnover rose in 2025from €12.5m to €25.2m ▲ 102% View
- Positive: Fastest staff growth in Beveren-Kruibeke-Zwijndrecht, Manufacturing sectorin the Checked rankings No. 1 View
- Positive: 8 profitable years in a rowprofit 2025: €5.4m 8 years View
- Board changedlatest change 07-08-2026 · 2 in office 1 joined · 1 left View
- Flemish supportawarded from 2022 to 2025 €986,334 View
Recent changes
- · Gazette deed Resignation: Tom Vermonden (director)Appointments: HVL Services (director) and VGD Bedrijfsrevisoren (statutory auditor) · Permanent representatives: Tina Burm, Greet Van Mieghem and 2 others
- · Gazette deed Capital & shares · Amendment of the articles
- · Gazette deed Appointment: VGD Bedrijfsrevisoren (statutory auditor)Permanent representative: Tina Burm
Companies linked to TG-Packaging
Comparable companies
These companies have the same main activity as TG-Packaging: manufacture of fabricated metal products, except machinery and equipment (NACE 25999). They are comparable in size and age: total assets between €8.2m and €65m, founded between 1982 and 2001.
| Company | Total assets | Turnover |
|---|---|---|
| TG-Packaging Beveren-Kruibeke-Zwijndrecht | €28.8m | €25.2m |
| DUCO PROJECTS Veurne | €23.3m | €17.5m |
| Smart Metal Works Evergem | €11.7m | €18.5m |
| METES Dilsen-Stokkem | €16.1m | €37.7m |
| SAPIM Antwerpen | €65.1m | €31.8m |
| AIRKAN Oudenaarde | €24.0m | €24.5m |
| TRAFIC-SIGNALISATION-SECURITE Mons | €8.2m | €10.4m |
Key facts about TG-Packaging
- What is the company number of TG-Packaging?
- The company number of TG-Packaging is 0880.710.312. The VAT number is the same number with BE in front: BE 0880.710.312.
- Where is TG-Packaging based?
- The registered office is at Havinkbeekstraat(VER) 4, 9130 Beveren-Kruibeke-Zwijndrecht.Company details
- What does TG-Packaging do?
- According to the KBO register, the main activity is manufacture of fabricated metal products, except machinery and equipment (NACE 25999).
- What is the legal form of TG-Packaging?
- The legal form of TG-Packaging is Private limited company (BV).
- When was TG-Packaging founded?
- TG-Packaging was founded on 13-04-2006.
- Is TG-Packaging still active?
- Yes, TG-Packaging is an active enterprise in the KBO register.
- How many employees does TG-Packaging have?
- TG-Packaging had an average of 50.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does TG-Packaging fall under?
- In its 2025 annual accounts, TG-Packaging states joint committees 149.01 (Paritair Subcomité voor de elektriciens: installatie en distributie) and 200 (Aanvullend Paritair Comité voor de bedienden).
- What is the turnover of TG-Packaging?
- The turnover of TG-Packaging was €25.2m in financial year 2025, according to the filed annual accounts.
- Is TG-Packaging profitable?
- In financial year 2025, TG-Packaging made a profit of €5.4m.
- Where can I find the annual accounts of TG-Packaging?
- TG-Packaging filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of TG-Packaging due?
- TG-Packaging must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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