The Pack

Active

Private limited companyfounded 20242 yrs activeMeiboomstraat 3B, 2820 Bonheiden, BelgiumKBO/BCE: BE 1005.552.082

The computed 12-month bankruptcy probability of The Pack is 1.5% (moderate). The 2024 annual accounts show equity of €150k and a net result of €100k. Its solvency ranks better than 21% of 2283 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Watch Print / PDF

Checked score

Score 2024

52 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes

Profitability79

Solvency38

Growth-

Track record67

Bankruptcy probability, 12 months

1.5% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €7k at 30 days only on tighter terms

Liquidity tight (current ratio 1.3; short-term debt: 75.2% and cash: 12% of total assets), and 87.3% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Young company

A young company has little track record yet and statistically fails more often than an established one.

KBO · incorporation date

Age against the risk zone

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 82

Relative position

BE, all sectors

reference

Sector 82

lower

← fewer bankruptcies more bankruptcies →

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 2283 sector peers (2024).

NBB · sector comparison

Position among 2283 sector peers

Solvency

better than 21%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.

NBB · 1 filing

Deviation from the deadline

2024

31 d early

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, abbreviated schema

Equity

€150k

Total assets

€1.18M

Net result

€100k

Working capital

€262k

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Balance-sheet composition

Assets €1.18M

97.5%

Fixed assets €30k

Current assets €1.15M

Equity and liabilities €1.18M

12.7%

87.3%

Equity €150k

Debt €1.03M

Debt finances 87.3% of the balance-sheet total.

Key figures and ratios

2024 value

EBITDA

€137k

Cash flow

€103k

Solvency

12.7%

Current ratio

1.30

Quick ratio

0.85

Debt / equity

6.87

ROE

66.6%

ROA

8.5%

Interest coverage

17.34

Debt

€1.03M

Debt ≤ 1 year

€886k

Debt > 1 year

€138k

Income taxes

€28k

Staff costs

€427k

Filed annual accounts

As filed with the NBB · 2024

Balance sheet Code2024

Assets

Total assets20/58€1.18M

Fixed assets21/28€30k

Tangible fixed assets22/27€30k

Furniture and vehicles24€30k

Current assets29/58€1.15M

Stocks and contracts in progress3€394k

Stocks30/36€394k

Amounts receivable within one year40/41€592k

Trade receivables40€451k

Other amounts receivable41€141k

Cash at bank and in hand54/58€141k

Deferred charges and accrued income490/1€21k

Equity and liabilities

Total equity and liabilities10/49€1.18M

Equity10/15€150k

Contributions10/11€50k

Reserves13€99k

Distributable reserves133€99k

Profit (loss) carried forward14€717

Amounts payable17/49€1.03M

Amounts payable after more than one year17€138k

Financial debts170/4€138k

Amounts payable within one year42/48€886k

Current portion of amounts payable after more than one year42€38k

Financial debts43€100k

Other loans439€100k

Trade debts44€581k

Suppliers440/4€581k

Taxes, remuneration and social security45€166k

Taxes450/3€56k

Remuneration and social security454/9€110k

Other amounts payable47/48€1k

Accrued charges and deferred income492/3€4k

Income statement Code2024

Remuneration, social security and pensions62€427k

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k

Other operating charges640/8€7k

Gross operating margin9900€572k

Operating profit (loss)9901€134k

Financial income75/76B€976

Recurring financial income75€976

Financial charges65/66B€8k

Recurring financial charges65€8k

Profit (loss) for the period before taxes9903€127k

Income taxes67/77€28k

Profit (loss) for the period9904€100k

Profit (loss) for the period to be appropriated9905€100k

Appropriation of the result

Profit (loss) to be appropriated9906€100k

Transfer to equity691/2€99k

To other reserves6921€99k

Social balance

Average headcount (FTE)90876.9

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 1Filings 1

2025

30-06

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema

NBB filing

Directors · office · real estate

Directors

1 act for this company is 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, Bonheiden · 3 establishment units since 2024

establishment All 3 establishment units on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Meiboomstraat 3B2820 Bonheiden

Ground area

2.8 ha

Building footprint

1.1 ha

Volume, LiDAR

49,479 m³

3 parcels, Flanders · tallest building 17.4 m, ±2 floors. Linked by address, not a title deed.

3 establishment units

The Pack

Meiboomstraat 3B, 2820 BonheidenManufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials

since 20242.355.229.878

Misstraat 153, 2590 Berlaar

Office administrative, office support and other business support activities

since 20252.373.212.490

Meiboomstraat 3, 2820 Bonheiden

Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials

since 20252.373.212.589

3 parcels

Flanders 3 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
12031B0897/00A000	Flanders	2.1 ha	1 · 8,326 m²	17.4 m · 2 fl.
12002D0364/00X000	Flanders	4,683 m²	1 · 1,588 m²	7.0 m · 2 fl.
12031B0653/00F002	Flanders	2,703 m²	1 · 1,028 m²	0.2 m