STOROPACK BENELUX
ActiveSTOROPACK BENELUX has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.90M and a net result of €-271k. Equity remains stable across the filed fiscal years (±2.5% per year). Its solvency ranks better than 87% of 4839 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability23▼-41
Solvency100=
Growth47▼-3
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €400k at 30 days acceptable
Liquidity ample (current ratio 4.97 against 3.57 in 2024; short-term debt: 16.9% and cash: 9.1% of total assets), and 17.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
82.4%
Return on assets
-3.8%
Age of the figures
9 mo
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 01-06-2026, 60 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
60 d early
2024
50 d early
2023
34 d early
2022
13 d early
2021
34 d early
2020
30 d late
2019
87 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€17.95M▼ 10.3%
2024 · €20.01M
2018: €16.60M
2019: €18.14M
2020: €19.37M
2021: €22.88M
2022: €24.62M
2023: €22.47M
2024: €20.01M
2018 → 2025
EBIT margin
-2.1%▼ 5.1pp
2024 · 3.0%
2018: 9.4%
2019: 10.4%
2020: 12.5%
2021: 16.1%
2022: 10.2%
2023: 6.1%
2024: 3.0%
2018 → 2025
Net result
€-271k
2024 · €528k
2018: €1.07M
2019: €1.29M
2020: €1.80M
2021: €2.79M
2022: €1.94M
2023: €1.12M
2024: €528k
2018 → 2025
Working capital
€4.81M▼ 5.0%
2024 · €5.06M
2018: €4.77M
2019: €4.77M
2020: €5.16M
2021: €4.98M
2022: €5.30M
2023: €4.61M
2024: €5.06M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€22.88M-€24.62M▲ 7.6%€22.47M▼ 8.7%€20.01M▼ 11.0%€17.95M▼ 10.3%
Equity€5.48M-€5.72M▲ 4.4%€5.94M▲ 3.9%€6.17M▲ 3.8%€5.90M▼ 4.4%
Operating result€3.69M-€2.51M▼ 32.1%€1.37M▼ 45.3%€602k▼ 56.2%€-376k
Net result€2.79M-€1.94M▼ 30.3%€1.12M▼ 42.1%€528k▼ 53.0%€-271k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €376k after €602k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €7.16M
Fixed assets
€1.14M▼ 4.8%
Current assets
€6.03M▼ 14.4%
Equity and liabilities €7.16M
Equity
€5.90M▼ 4.4%
Debt
€1.26M▼ 38.7%
The debt ratio falls from 25.0% to 17.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-90k▼
2024 · €925k
Cash flow
€15k▼
2024 · €851k
Solvency
82.4%▲
2024 · 75.0%
Current ratio
4.97▲
2024 · 3.57
Quick ratio
3.98▲
2024 · 3.01
Debt / equity
0.21▼
2024 · 0.33
ROE
-4.6%▼
2024 · 8.6%
ROA
-3.8%▼
2024 · 6.4%
Debt
€1.26M▼
2024 · €2.06M
Debt ≤ 1 year
€1.21M▼
2024 · €1.97M
Income taxes
€4k▼
2024 · €223k
Staff costs
€3.78M▲
2024 · €3.70M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€8.23M€7.16M▼
Fixed assets21/28€1.19M€1.14M▼
Tangible fixed assets22/27€1.19M€1.13M▼
Plant, machinery and equipment23€419k€358k▼
Furniture and vehicles24€469k€491k▲
Other tangible fixed assets26€301k€284k▼
Financial fixed assets28€4k€3k▼
Other financial fixed assets284/8€4k€3k▼
Amounts receivable and cash guarantees285/8€4k€3k▼
Current assets29/58€7.04M€6.03M▼
Stocks and contracts in progress3€1.10M€1.20M▲
Stocks30/36€1.10M€1.20M▲
Raw materials and consumables30/31€125€100▼
Finished goods33€60k€60k▼
Goods purchased for resale34€1.04M€1.14M▲
Amounts receivable within one year40/41€5.11M€3.98M▼
Trade receivables40€2.23M€1.71M▼
Other amounts receivable41€2.87M€2.27M▼
Cash at bank and in hand54/58€613k€652k▲
Deferred charges and accrued income490/1€213k€192k▼
Equity and liabilities
Total equity and liabilities10/49€8.23M€7.16M▼
Equity10/15€6.17M€5.90M▼
Contributions10/11€658k€658k=
Capital10€298k€298k=
Issued capital100€298k€298k=
Outside capital11€360k€360k=
Share premium1100/10€360k€360k=
Reserves13€320k€320k=
Non-distributable reserves130/1€59k€59k=
Legal reserve130€59k€59k=
Tax-exempt reserves132€11k€11k=
Distributable reserves133€250k€250k=
Profit (loss) carried forward14€5.19M€4.92M▼
Amounts payable17/49€2.06M€1.26M▼
Amounts payable within one year42/48€1.97M€1.21M▼
Trade debts44€1.15M€729k▼
Suppliers440/4€1.15M€729k▼
Taxes, remuneration and social security45€526k€483k▼
Taxes450/3€118k€97k▼
Remuneration and social security454/9€408k€387k▼
Other amounts payable47/48€300k€0▼
Accrued charges and deferred income492/3€86k€48k▼
Income statement
Code20242025
Operating income70/76A€20.12M€18.09M▼
Turnover70€20.01M€17.95M▼
Change in stocks of work in progress, finished goods and contracts in progress71€-6k€-449▲
Other operating income74€111k€111k▼
Non-recurring operating income76A€7k€37k▲
Operating charges60/66A€19.52M€18.47M▼
Goods for resale, raw materials and consumables60€11.58M€10.31M▼
Purchases600/8€11.64M€10.41M▼
Change in stocks: decrease (increase)609€-58k€-104k▼
Services and other goods61€3.84M€4.01M▲
Remuneration, social security and pensions62€3.70M€3.78M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€323k€286k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-3k€4k▲
Other operating charges640/8€80k€75k▼
Non-recurring operating charges66A€3k€262▼
Operating profit (loss)9901€602k€-376k▼
Financial income75/76B€276k€227k▼
Recurring financial income75€276k€227k▼
Income from financial fixed assets750€28€27▼
Income from current assets751€98k€73k▼
Other financial income752/9€178k€154k▼
Financial charges65/66B€127k€118k▼
Recurring financial charges65€127k€118k▼
Debt charges650€17€0▼
Other financial charges652/9€127k€118k▼
Profit (loss) for the period before taxes9903€751k€-267k▼
Income taxes67/77€223k€4k▼
Taxes670/3€415k€4k▼
Tax adjustments and reversals of tax provisions77€192k€0▼
Profit (loss) for the period9904€528k€-271k▼
Profit (loss) for the period to be appropriated9905€528k€-271k▼
Appropriation of the result
Profit (loss) to be appropriated9906€5.49M€4.92M▼
Profit (loss) brought forward from the previous period14P€4.96M€5.19M▲
Profit to be distributed694/7€300k€0▼
Return on contributions (dividend)694€300k€0▼
Social balance
Average headcount (FTE)908737.136.6▼
The notes to these accounts (57 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €-271k ▼151%
Net result drops to €-271k, the lowest in the series.
11-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
18-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2018net €2.79M ▲55.2%
Operating result €3.69M, net result €2.79M, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 30 days late
2020
26-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 87 days late
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 26 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 27 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
12 acts for this company are 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, Vilvoorde · 2 establishment units since 1992
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.
Mechelsesteenweg 5881800 VilvoordeGround area
448 m²
Building footprint
184 m²
Volume, LiDAR
560 m³
2 parcels, Flanders · tallest building 11.3 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Storopack Benelux NV
since 19922.142.968.342
Storopack Benelux NV
since 20002.055.565.701
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11682G0460/00N026 | Flanders | 237 m² | 1 · 110 m² | - |
| 23643G0519/00N003 | Flanders | 211 m² | 1 · 74 m² | 11.3 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 192 companies in sector 46493 we hold annual accounts for 85. 28 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded17-09-1991
Fiscal year end31-12
Activities, NACEBEL
46493Wholesale trade
46649Wholesale of other machinery and equipment
17210Manufacture of paper and paper products
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.