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JIFFY PACKAGING

Active
Public limited companyfounded 1924active for 102 yearsBodemstraat 11, 3830 Wellen, BelgiumKBO/BCE: BE 0404.798.222
Summary

JIFFY PACKAGING has been active since 1924 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €31.3m and a net result of €728,200. Equity is growing by about 16% per year across the filed financial years. Its solvency ranks better than 88% of 227 sector peers (NACE 22, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Manufacture of rubber and plastic products
NACE 22220
Oldest company in Limburg, Manufacturing sector2 sites
Size
€25.4mturnover 2025
Staff
119.1 FTE
Equity
€31.3m
Profit
€728,200
Financial health
91 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Parent
Abriso-Jiffy · 100%
  • AlflorionDirector · permanent representative Jeroen Vos
  • FARUSManaging director · permanent representative Ulrich Van de Woestyne
Auditor: Ernst et Young Reviseurs d'EntreprisesAccounts 39 days early2 of 36 deeds read
Why 91raises riskLiquidity: current ratio 5.43, cash €79,298lowers riskFounded in 1924Size: turnover €25.4m, 119.1 FTE, total assets €37.2mEquity €31.3m (83.9% of total assets)Show the evidence

Checked score

Score 2025
91 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 50% of its sector peers (NACE 22, medium-sized)
Financial strength · tick = 2024
Average
Solvency 100=
equity 83.9% of total assets
Liquidity 47=
short-term debt 15.8% · cash 0.2%
Profitability 37-42
return on assets 2.0%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (77 companies, NACE 22, medium-sized)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025lowest value 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged 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 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.2%▲ +0.1 percentage points vs 06-2026highest value 08-2026: 0.2%● unchanged vs 07-2026highest value 09-2026: 0.2%● unchanged vs 08-2026highest value 10-2026: 0.2%● unchanged vs 09-2026highest value
Credit of up to €2,500,000 on 30-day terms is acceptable
Liquidity ample (current ratio 5.43, compared with 5.91 in 2024, above the usual 1.5; short-term debt: 15.8% and cash: 0.2% of total assets), and 16.1% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 22, medium-sized): better than 89% on solvency, 61% on liquidity, 21% on profitability and 30% on growth.

The bankruptcy probability was computed on 21-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 1924
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Liquidity: current ratio 5.43, cash €79,298
NBB · annual accounts
lowers risk · Size: turnover €25.4m, 119.1 FTE, total assets €37.2m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Equity €31.3m (83.9% of total assets)
NBB · annual accounts
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 22-06-2026, 39 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
39 days early
2024
30 days early
2023
35 days early
2022
32 days early
2021
39 days early
2020
38 days early
2019
32 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 35 days before the deadline; the sector median (NACE 22) for financial year 2024 is 14 days before the deadline, and 34% 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 27 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
21-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Annual accounts filedfinancial year 2024 · full…
  3. Reappointment: Ernst & Young Bedrijfsrevisoren (statutory…Permanent representative: Olaf Janssen

Key points

  • Caution: Result fell in 2025from €3.7m to €728,200 ▼ 80.5% View
  • Positive: Oldest company in Limburg, Manufacturing sectorin the Checked rankings No. 1 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Controlled by Abriso-Jiffyultimately: Abriso Holding 100% View
  • Active since 1924founded 14-07-1924 102 years View
  • Positive: 6 profitable years in a rowprofit 2025: €728,200 6 years View

By topic

Financials

Financial year
2025
Turnover
€25.4m
Profit
€728,200
Solvency
83.9%
Turnover▼ 11.1%
Net result
20182025
Go to Financials

Board & ownership

Board
2 members
Parent
Abriso-Jiffy · 100%
Auditor
Ernst et Young Reviseurs…
  • AlflorionDirector
  • FARUSManaging director
Go to Board & ownership

Timeline

Events
54
Since
1978
Next accounts
by 31-07-2027
  1. 26-06-2024Annual accounts filed
  2. 17-01-2024Resignation: Steven Thielemans (director)
  3. 31-12-2023Equity above €25m
Go to Timeline

Company details

Sites
2
Legal form
Public limited company
Activity
Manufacture of rubber and plastic productsNACE 22220
Founded
14-07-1924
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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