Packyard BE
ActiveSummary
Packyard BE has been active since 1970 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €19.99M and a net result of €1.02M. Equity is growing by ~7.4% per year across the filed fiscal years. Its solvency ranks better than 71% of 199 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
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Financials · fiscal year 2024, full schema
Filed annual accounts As filed with the NBB · 2024 against 2023 · 91 lines
The notes to these accounts (69 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €30.98M | €34.05M | €34.65M | €35.99M | ▲ 3.9% |
| Turnover70 | €29.67M | €30.05M | €32.97M | €34.13M | €35.33M | ▲ 3.5% |
| Change in stocks of work in progress, finished goods and contracts in progress71 | - | €180k | €394k | €-286k | €-130k | ▲ 54.7% |
| Other operating income74 | - | €619k | €638k | €684k | €704k | ▲ 2.8% |
| Non-recurring operating income76A | - | €134k | €45k | €129k | €85k | ▼ 34.5% |
| Operating charges60/66A | - | €28.53M | €32.98M | €33.71M | €35.04M | ▲ 3.9% |
| Goods for resale, raw materials and consumables60 | - | €17.43M | €20.22M | €20.56M | €21.51M | ▲ 4.6% |
| Purchases600/8 | - | €17.95M | €21.99M | €18.91M | €21.10M | ▲ 11.6% |
| Change in stocks: decrease (increase)609 | - | €-523k | €-1.77M | €1.65M | €407k | ▼ 75.3% |
| Services and other goods61 | - | €3.87M | €5.51M | €5.22M | €5.23M | ▲ 0.2% |
| Remuneration, social security and pensions62 | - | €5.35M | €5.95M | €6.59M | €6.75M | ▲ 2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2.43M | €1.75M | €1.22M | €1.20M | €1.21M | ▲ 0.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €65k | €10k | €2k | €2k | ▼ 16.9% |
| Other operating charges640/8 | - | €76k | €76k | €109k | €85k | ▼ 21.9% |
| Non-recurring operating charges66A | - | €588 | €3k | €29k | €248k | ▲ 769% |
| Operating profit (loss)9901 | €1.87M | €2.45M | €1.07M | €938k | €949k | ▲ 1.2% |
| Financial income75/76B | - | €599k | €935k | €747k | €735k | ▼ 1.6% |
| Recurring financial income75 | €564k | €599k | €935k | €747k | €735k | ▼ 1.6% |
| Income from current assets751 | - | €394k | €331k | €484k | €518k | ▲ 7.1% |
| Other financial income752/9 | - | €205k | €604k | €263k | €217k | ▼ 17.5% |
| Financial charges65/66B | - | €224k | €181k | €415k | €293k | ▼ 29.4% |
| Recurring financial charges65 | €233k | €224k | €181k | €415k | €293k | ▼ 29.4% |
| Debt charges650 | €190k | €163k | €149k | €379k | €264k | ▼ 30.2% |
| Other financial charges652/9 | - | €61k | €32k | €37k | €29k | ▼ 20.7% |
| Profit (loss) for the period before taxes9903 | €2.20M | €2.82M | €1.82M | €1.27M | €1.39M | ▲ 9.5% |
| Transfer from deferred taxes780 | - | €42k | €29k | €7k | €7k | ▲ 11.1% |
| Transfer to deferred taxes680 | - | €33k | - | - | €20k | - |
| Income taxes67/77 | €632k | €798k | €490k | €356k | €357k | ▲ 0.4% |
| Taxes670/3 | - | €798k | €490k | €356k | €357k | ▲ 0.4% |
| Profit (loss) for the period9904 | €1.62M | €2.03M | €1.36M | €920k | €1.02M | ▲ 10.9% |
| Transfer from tax-exempt reserves789 | - | €127k | €10k | €20k | €277k | ▲ 1,312% |
| Transfer to tax-exempt reserves689 | - | €940k | €800k | €421k | €482k | ▲ 14.5% |
| Profit (loss) for the period to be appropriated9905 | €1.79M | €1.22M | €572k | €519k | €814k | ▲ 57.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €32.18M | €30.63M | €33.70M | €31.98M | €32.75M | ▲ 2.4% |
| Fixed assets21/28 | €6.62M | €6.12M | €6.34M | €6.15M | €7.74M | ▲ 25.8% |
| Intangible fixed assets21 | - | - | €2k | €2k | €1k | ▼ 27.7% |
| Tangible fixed assets22/27 | €6.11M | €5.60M | €5.43M | €5.26M | €6.84M | ▲ 30.2% |
| Land and buildings22 | - | €1.27M | €1.23M | €1.23M | €1.26M | ▲ 2.1% |
| Plant, machinery and equipment23 | - | €1.73M | €1.89M | €1.77M | €3.75M | ▲ 112% |
| Furniture and vehicles24 | - | €177k | €236k | €546k | €486k | ▼ 11.1% |
| Leasing and similar rights25 | - | €2.43M | €2.07M | €1.71M | €1.35M | ▼ 21.1% |
| Financial fixed assets28 | €512k | €519k | €909k | €898k | €898k | = |
| Affiliated companies280/1 | - | €486k | €874k | €874k | €874k | = |
| Participating interests280 | - | €486k | €874k | €874k | €874k | = |
| Other financial fixed assets284/8 | - | €33k | €35k | €24k | €24k | ▲ 0.5% |
| Amounts receivable and cash guarantees285/8 | - | €33k | €35k | €24k | €24k | ▲ 0.5% |
| Current assets29/58 | €25.56M | €24.51M | €27.37M | €25.83M | €25.00M | ▼ 3.2% |
| Amounts receivable after more than one year29 | - | €600k | €1.70M | €1.70M | €1.70M | = |
| Other amounts receivable291 | - | €600k | €1.70M | €1.70M | €1.70M | = |
| Stocks and contracts in progress3 | €1.89M | €3.75M | €5.92M | €3.98M | €3.44M | ▼ 13.5% |
| Stocks30/36 | - | €2.41M | €4.18M | €2.53M | €2.12M | ▼ 16.1% |
| Raw materials and consumables30/31 | - | €2.41M | €4.18M | €2.53M | €2.12M | ▼ 16.1% |
| Contracts in progress37 | - | €1.34M | €1.73M | €1.45M | €1.32M | ▼ 9.0% |
| Amounts receivable within one year40/41 | €17.72M | €15.61M | €17.67M | €17.74M | €18.28M | ▲ 3.0% |
| Trade receivables40 | - | €5.07M | €5.69M | €5.94M | €5.68M | ▼ 4.4% |
| Other amounts receivable41 | - | €10.54M | €11.98M | €11.80M | €12.60M | ▲ 6.8% |
| Cash at bank and in hand54/58 | €3.85M | €4.19M | €1.86M | €2.08M | €1.19M | ▼ 42.8% |
| Deferred charges and accrued income490/1 | - | €354k | €221k | €328k | €395k | ▲ 20.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €32.18M | €30.63M | €33.70M | €31.98M | €32.75M | ▲ 2.4% |
| Equity10/15 | €14.83M | €16.85M | €18.05M | €18.97M | €19.99M | ▲ 5.4% |
| Contributions10/11 | €1.50M | €1.50M | €1.50M | €1.50M | €1.50M | = |
| Capital10 | - | €1.50M | €1.50M | €1.50M | €1.50M | = |
| Issued capital100 | - | €1.50M | €1.50M | €1.50M | €1.50M | = |
| Reserves13 | €2.64M | €3.47M | €4.24M | €4.64M | €5.10M | ▲ 9.9% |
| Non-distributable reserves130/1 | - | €150k | €150k | €150k | €150k | = |
| Legal reserve130 | - | €150k | €150k | €150k | €150k | = |
| Tax-exempt reserves132 | - | €1.00M | €1.77M | €2.18M | €2.38M | ▲ 9.4% |
| Distributable reserves133 | - | €2.32M | €2.32M | €2.32M | €2.57M | ▲ 11.0% |
| Profit (loss) carried forward14 | €10.52M | €11.74M | €12.31M | €12.83M | €13.39M | ▲ 4.4% |
| Investment grants15 | - | €146k | - | - | - | - |
| Provisions and deferred taxes16 | €58k | €32k | €22k | €16k | €29k | ▲ 82.5% |
| Deferred taxes168 | - | €32k | €22k | €16k | €29k | ▲ 82.5% |
| Amounts payable17/49 | €17.29M | €13.75M | €15.63M | €12.99M | €12.73M | ▼ 2.0% |
| Amounts payable after more than one year17 | €3.57M | €2.88M | €2.18M | €1.89M | €1.60M | ▼ 15.6% |
| Financial debts170/4 | - | €2.88M | €2.18M | €1.89M | €1.60M | ▼ 15.6% |
| Leasing and similar obligations172 | - | €2.88M | €2.18M | €1.89M | €1.60M | ▼ 15.6% |
| Amounts payable within one year42/48 | €10.79M | €8.22M | €10.87M | €8.79M | €9.10M | ▲ 3.5% |
| Current portion of amounts payable after more than one year42 | - | €690k | €702k | €289k | €295k | ▲ 2.1% |
| Financial debts43 | - | €2.50M | €3.97M | €1.50M | €500k | ▼ 66.7% |
| Credit institutions430/8 | - | €2.50M | €3.97M | €1.50M | €500k | ▼ 66.7% |
| Trade debts44 | €1.16M | €2.00M | €1.81M | €1.74M | €3.39M | ▲ 94.4% |
| Suppliers440/4 | - | €2.00M | €1.81M | €1.74M | €3.39M | ▲ 94.4% |
| Taxes, remuneration and social security45 | - | €1.64M | €1.38M | €1.34M | €1.35M | ▲ 1.2% |
| Taxes450/3 | - | €660k | €577k | €453k | €484k | ▲ 6.9% |
| Remuneration and social security454/9 | - | €975k | €800k | €885k | €869k | ▼ 1.8% |
| Other amounts payable47/48 | - | €1.39M | €3.01M | €3.92M | €3.56M | ▼ 9.2% |
| Accrued charges and deferred income492/3 | - | €2.65M | €2.58M | €2.31M | €2.03M | ▼ 12.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1.62M | €2.03M | €1.36M | €920k | €1.02M | ▲ 10.9% |
| + Depreciation and write-downs630 | €2.43M | €1.75M | €1.22M | €1.20M | €1.21M | ▲ 0.9% |
| Operating cash flow (approximation) | €4.05M | €3.78M | €2.58M | €2.12M | €2.23M | ▲ 5.2% |
| Investment in fixed assets (approximation) | - | €-1.25M | €-1.43M | €-1.02M | €-2.80M | ▼ 175% |
| Change in cash | - | €342k | €-2.34M | €219k | €-889k | ▼ 507% |
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
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
2 establishment units
2 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44048A0132/00Z002 | Flanders | 1.5 ha | 1 · 4,874 m² | 9.2 m · 2 fl. |
| 44048E0205/00G002 | Flanders | 1,564 m² | 1 · 832 m² | 16.1 m · 1 fl. |
Linked by address, not proof of ownership
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 8,489 EUR awarded · 8,489 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,513 EUR | 2,513 EUR |
| 2024 | 1 | 980 EUR | 980 EUR |
| 2023 | 1 | 3,397 EUR | 3,397 EUR |
| 2022 | 2 | 1,599 EUR | 1,599 EUR |
Similar companies · same sector, comparable size
Identification & contact
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