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Cartamundi Benelux

Active
Public limited companyfounded 201016 yrs activeTurnovatoren 14, 2300 Turnhout, BelgiumKBO/BCE: BE 0825.550.667
Summary

Cartamundi Benelux has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7.5m and a net result of €3.7m. Equity is growing by ~9.3% per year across the filed fiscal years. Its solvency ranks better than 25% of 119 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability61▲+37
Solvency51▲+13
Growth52▲+17
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €270,000 at 30 days acceptable
Liquidity tight (current ratio 1.09 against 0.35 in 2024; short-term debt: 5.1% and cash: 0% of total assets), and 74.5% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
25.5%
Return on assets
12.5%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 32
Relative position
BE, all sectors
reference
Other manufacturing (NACE 32)
about 28% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 16 years 0 20 y
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 119 sector peers (2025).
NBB · sector comparison
Position among 119 sector peers
Solvency
better than 25%
← weakest strongest →
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 filings
Deviation from the deadline
2025
60 d early
2024
58 d early
2023
63 d early
2022
76 d early
2021
72 d early
2020
59 d early
2019
59 d 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 64 days before the deadline; the sector median for financial year 2024 is 2 days before the deadline, and 40% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 30 May (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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

History

On 28 April 2010, Cartamundi Benelux was incorporated.1 Of the 2 current board members, Bart Van Genechten has served longest, since 2026.2 Revenue went from EUR 10 million in 2018 to EUR 2.7 million in 2025 and headcount from 4 to 16.9 full-time equivalents.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 15-07-2026
  3. 3National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, full schema

Turnover
€2.7m▼ 18.2%
2024 · €3.3m
EBIT margin
22.5%▲ 22.1pp
2024 · 0.4%
Net result
€3.7m
2024 · -€128,738
Working capital
€128,548
2024 · -€3.5m
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 32, Other manufacturing, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover€7.4m▼ 11.0%€4.4m▼ 40.8%€4.2m▼ 3.8%€3.3m▼ 20.5%€2.7m▼ 18.2%
Operating result€290,016▼ 12.0%-€1.1m-€54,677▲ 94.9%€12,157€615,900▲ 4,966%
Net result€239,936within the sector's middle half▼ 50.4%-€1.0mbelow the sector's middle half€1.5mabove the sector's middle half-€128,738below the sector's middle half€3.7mabove the sector's middle half
EBIT margin3.9%=-24.4%▼ 28.4pp-1.3%▲ 23.1pp0.4%▲ 1.7pp22.5%▲ 22.1pp
Equity€3.4mabove the sector's middle half▲ 7.6%€2.4mwithin the sector's middle half▼ 30.5%€3.9mabove the sector's middle half▲ 65.3%€3.8mabove the sector's middle half▼ 3.3%€7.5mabove the sector's middle half▲ 96.7%
Total assets€4.4mwithin the sector's middle half▲ 6.3%€3.0mwithin the sector's middle half▼ 30.7%€31.6mabove the sector's middle half▲ 947%€29.5mabove the sector's middle half▼ 6.7%€29.2mabove the sector's middle half▼ 0.9%
Debt€941,473▲ 1.8%€644,754▼ 31.5%€27.7m▲ 4,191%€25.7m▼ 7.2%€21.8m▼ 15.3%
Working capital€1.7mabove the sector's middle half▲ 53.2%€775,551within the sector's middle half▼ 53.2%-€23.5mbelow the sector's middle half-€3.5mbelow the sector's middle half▲ 85.1%€128,548within the sector's middle half
Solvency78.4%above the sector's middle half▲ 1.0pp78.6%above the sector's middle half▲ 0.3pp12.4%below the sector's middle half▼ 66.2pp12.9%below the sector's middle half▲ 0.5pp25.5%below the sector's middle half▲ 12.7pp
Current ratio2.80within the sector's middle half▲ 0.532.32within the sector's middle half▼ 0.480.15below the sector's middle half▼ 2.170.35below the sector's middle half▲ 0.201.09below the sector's middle half▲ 0.74
Return on assets (ROA)5.5%within the sector's middle half▼ 6.3pp-34.5%below the sector's middle half▼ 40.0pp4.9%within the sector's middle half▲ 39.4pp-0.4%below the sector's middle half▼ 5.3pp12.5%above the sector's middle half▲ 13.0pp
Staff (FTE)5.3within the sector's middle half▲ 10.4%8.8within the sector's middle half▲ 66.0%13.7within the sector's middle half▲ 55.7%17.5within the sector's middle half▲ 27.7%16.9within the sector's middle half▼ 3.4%
above within below the middle half (P25 to P75) of NACE 32, Other manufacturing, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€2.0m€0€2.0m€4.0mOperating result 2021: €290,016€290,016Net result 2021: €239,936€239,936Operating result 2022: -€1.1m-€1.1mNet result 2022: -€1.0m-€1.0mOperating result 2023: -€54,677-€54,677Net result 2023: €1.5m€1.5mOperating result 2024: €12,157€12,157Net result 2024: -€128,738-€128,738Operating result 2025: €615,900€615,900Net result 2025: €3.7m€3.7m20212022202320242025-€1m€0€1m€2m€3m€4mOperating result 2023: -€54,677-€54,700Net result 2023: €1.5m€1.5mOperating result 2024: €12,157€12,200Net result 2024: -€128,738-€129,000Operating result 2025: €615,900€616,000Net result 2025: €3.7m€3.7m202320242025
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 4,966% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €29.2m
Fixed assets €27.6m ▼ 0.1%
Current assets €1.6m ▼ 12.1%
Equity and liabilities €29.2m
Equity €7.5m ▲ 96.7%
Debt €21.8m ▼ 15.3%
Debt's share of the balance-sheet total falls from 87.1% to 74.5%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€742,341▲
2024 · €119,213
Cash flow
€3.8m▲
2024 · -€21,682
Debt to equity
2.92▼
2024 · 6.77
ROE
49.1%▲
2024 · -3.4%
Interest coverage
0.79▲
2024 · 0.09
Debt ≤ 1 year
€1.5m▼
2024 · €5.4m
Debt > 1 year
€20.0m=
2024 · €20.0m
Income taxes
€1,691▲
2024 · €1,335
Staff costs
€2.2m▲
2024 · €2.2m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 69 lines
Balance sheet Code20242025
Assets
Total assets20/58€29.5m€29.2m▼
Fixed assets21/28€27.6m€27.6m▼
Tangible fixed assets22/27€317,412€283,991▼
Furniture and vehicles24€317,412€283,991▼
Financial fixed assets28€27.3m€27.3m=
Affiliated companies280/1€27.3m€27.3m=
Participating interests280€27.1m€27.1m=
Amounts receivable281€200,000€200,000=
Current assets29/58€1.9m€1.6m▼
Amounts receivable within one year40/41€1.8m€1.6m▼
Trade receivables40€1.8m€1.6m▼
Cash at bank and in hand54/58€3,285€1,408▼
Deferred charges and accrued income490/1€19,178€7,232▼
Equity and liabilities
Total equity and liabilities10/49€29.5m€29.2m▼
Equity10/15€3.8m€7.5m▲
Contributions10/11€4.1m€4.1m=
Capital10€4.1m€4.1m=
Issued capital100€4.1m€4.1m=
Reserves13€7,345€406,995▲
Non-distributable reserves130/1€6,753€406,403▲
Legal reserve130€6,753€406,403▲
Tax-exempt reserves132€592€592=
Profit (loss) carried forward14-€279,392€3.0m▲
Amounts payable17/49€25.7m€21.8m▼
Amounts payable after more than one year17€20.0m€20.0m=
Financial debts170/4€20.0m€20.0m=
Other loans174€20.0m€20.0m=
Amounts payable within one year42/48€5.4m€1.5m▼
Trade debts44€1.0m€646,311▼
Suppliers440/4€1.0m€646,311▼
Taxes, remuneration and social security45€423,274€591,050▲
Taxes450/3€10,242€25,798▲
Remuneration and social security454/9€413,033€565,253▲
Other amounts payable47/48€3.9m€266,308▼
Accrued charges and deferred income492/3€324,263€257,253▼
Income statement Code20242025
Operating income70/76A€9.7m€8.3m▼
Turnover70€3.3m€2.7m▼
Other operating income74€6.3m€5.2m▼
Non-recurring operating income76A€74,725€365,337▲
Operating charges60/66A€9.7m€7.7m▼
Goods for resale, raw materials and consumables60€1.2m€793,541▼
Purchases600/8€1.2m€793,541▼
Services and other goods61€6.0m€4.5m▼
Remuneration, social security and pensions62€2.2m€2.2m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€107,056€126,442▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€85,678-€49,578▲
Other operating charges640/8€246,619€168,544▼
Non-recurring operating charges66A€4,261-
Operating profit (loss)9901€12,157€615,900▲
Financial income75/76B€1.2m€4.0m▲
Recurring financial income75€1.2m€4.0m▲
Income from financial fixed assets750€1.2m€4.0m▲
Income from current assets751€862€224▼
Other financial income752/9€23,865€6,085▼
Non-recurring financial income76B-€20,766
Financial charges65/66B€1.3m€958,817▼
Recurring financial charges65€1.3m€958,817▼
Debt charges650€1.3m€939,072▼
Other financial charges652/9€39,340€19,745▼
Profit (loss) for the period before taxes9903-€127,403€3.7m▲
Income taxes67/77€1,335€1,691▲
Taxes670/3€1,335€1,691▲
Profit (loss) for the period9904-€128,738€3.7m▲
Profit (loss) for the period to be appropriated9905-€128,738€3.7m▲
Appropriation of the result
Profit (loss) to be appropriated9906-€279,392€3.4m▲
Profit (loss) brought forward from the previous period14P-€150,654-€279,392▼
Transfer to equity691/2-€399,650
To the legal reserve6920-€399,650
Social balance
Average headcount (FTE)908717.516.9▼

The notes to these accounts (43 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Operating income70/76A€7.5m€4.4m€8.3m€9.7m€8.3m▼ 13.9%
Turnover70€7.4m€4.4m€4.2m€3.3m€2.7m▼ 18.2%
Other operating income74€133,692€28,802€3.8m€6.3m€5.2m▼ 16.4%
Non-recurring operating income76A--€261,029€74,725€365,337▲ 389%
Operating charges60/66A€7.2m€5.5m€8.3m€9.7m€7.7m▼ 20.2%
Goods for resale, raw materials and consumables60€5.6m€3.3m€2.8m€1.2m€793,541▼ 33.7%
Purchases600/8€5.6m€3.1m€2.8m€1.2m€793,541▼ 33.7%
Change in stocks: decrease (increase)609-€270,000----
Services and other goods61€1.2m€1.6m€3.8m€6.0m€4.5m▼ 25.6%
Remuneration, social security and pensions62€386,134€760,021€1.2m€2.2m€2.2m▲ 0.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29,500€37,877€51,808€107,056€126,442▲ 18.1%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€4,000-€245,479-€15,888-€85,678-€49,578▲ 42.1%
Other operating charges640/8€191€2,113€203,766€246,619€168,544▼ 31.7%
Non-recurring operating charges66A--€334,299€4,261--
Operating profit (loss)9901€290,016-€1.1m-€54,677€12,157€615,900▲ 4,966%
Financial income75/76B€112,157€55,843€1.7m€1.2m€4.0m▲ 232%
Recurring financial income75€86,594€50,085€27,985€1.2m€4.0m▲ 230%
Income from financial fixed assets750€3,600€8,449€450€1.2m€4.0m▲ 236%
Income from current assets751€54,566€38,767€17,574€862€224▼ 74.1%
Other financial income752/9€28,428€2,869€9,961€23,865€6,085▼ 74.5%
Non-recurring financial income76B€25,562€5,758€1.6m-€20,766-
Financial charges65/66B€81,063€25,739€45,988€1.3m€958,817▼ 28.9%
Recurring financial charges65€81,063€25,739€45,988€1.3m€958,817▼ 28.9%
Debt charges650€4,362€3,541€23,343€1.3m€939,072▼ 28.3%
Other financial charges652/9€76,700€22,198€22,645€39,340€19,745▼ 49.8%
Profit (loss) for the period before taxes9903€321,110-€1.0m€1.6m-€127,403€3.7m▲ 2,978%
Income taxes67/77€81,174€762€1,007€1,335€1,691▲ 26.7%
Taxes670/3€81,174€762€1,007€1,335€1,691▲ 26.7%
Profit (loss) for the period9904€239,936-€1.0m€1.5m-€128,738€3.7m▲ 2,947%
Profit (loss) for the period to be appropriated9905€239,936-€1.0m€1.5m-€128,738€3.7m▲ 2,947%
Line20212022202320242025Change
Assets
Total assets20/58€4.4m€3.0m€31.6m€29.5m€29.2m▼ 0.9%
Fixed assets21/28€1.8m€1.7m€27.5m€27.6m€27.6m▼ 0.1%
Tangible fixed assets22/27€53,163€108,180€179,847€317,412€283,991▼ 10.5%
Furniture and vehicles24€53,163€108,180€179,847€317,412€283,991▼ 10.5%
Financial fixed assets28€1.7m€1.5m€27.3m€27.3m€27.3m=
Affiliated companies280/1€1.7m€1.5m€27.3m€27.3m€27.3m=
Participating interests280€1.3m€1.3m€27.1m€27.1m€27.1m=
Amounts receivable281€425,000€250,000€200,000€200,000€200,000=
Current assets29/58€2.6m€1.4m€4.1m€1.9m€1.6m▼ 12.1%
Amounts receivable within one year40/41€2.6m€1.4m€4.1m€1.8m€1.6m▼ 11.5%
Trade receivables40€697,631€679,176€4.1m€1.8m€1.6m▼ 11.5%
Other amounts receivable41€1.9m€679,949----
Cash at bank and in hand54/58€983€1,747€276€3,285€1,408▼ 57.1%
Deferred charges and accrued income490/1-€2,505€10,621€19,178€7,232▼ 62.3%
Equity and liabilities
Total equity and liabilities10/49€4.4m€3.0m€31.6m€29.5m€29.2m▼ 0.9%
Equity10/15€3.4m€2.4m€3.9m€3.8m€7.5m▲ 96.7%
Contributions10/11€4.1m€4.1m€4.1m€4.1m€4.1m=
Capital10€4.1m€4.1m€4.1m€4.1m€4.1m=
Issued capital100€4.1m€4.1m€4.1m€4.1m€4.1m=
Reserves13€7,345€7,345€7,345€7,345€406,995▲ 5,441%
Non-distributable reserves130/1€6,753€6,753€6,753€6,753€406,403▲ 5,918%
Legal reserve130€6,753€6,753€6,753€6,753€406,403▲ 5,918%
Tax-exempt reserves132€592€592€592€592€592=
Profit (loss) carried forward14-€660,247-€1.7m-€150,654-€279,392€3.0m▲ 1,169%
Amounts payable17/49€941,473€644,754€27.7m€25.7m€21.8m▼ 15.3%
Amounts payable after more than one year17---€20.0m€20.0m=
Financial debts170/4---€20.0m€20.0m=
Other loans174---€20.0m€20.0m=
Amounts payable within one year42/48€921,187€587,826€27.6m€5.4m€1.5m▼ 71.9%
Trade debts44€358,550€126,434€1.8m€1.0m€646,311▼ 36.0%
Suppliers440/4€358,550€126,434€1.8m€1.0m€646,311▼ 36.0%
Advances received on contracts in progress46€247,199€142,017----
Taxes, remuneration and social security45€227,578€190,163€177,873€423,274€591,050▲ 39.6%
Taxes450/3€143,751€47,177€16,065€10,242€25,798▲ 152%
Remuneration and social security454/9€83,826€142,986€161,807€413,033€565,253▲ 36.9%
Other amounts payable47/48€87,861€129,212€25.6m€3.9m€266,308▼ 93.2%
Accrued charges and deferred income492/3€20,286€56,928€88,766€324,263€257,253▼ 20.7%
Line20212022202320242025Change
Profit (loss) for the period9904€239,936-€1.0m€1.5m-€128,738€3.7m▲ 2,947%
+ Depreciation and write-downs630€29,500€37,877€51,808€107,056€126,442▲ 18.1%
Operating cash flow (approximation)€269,436-€1.0m€1.6m-€21,682€3.8m▲ 17,587%
Investment in fixed assets (approximation)-€82,107-€25.9m-€244,621-€93,020▲ 62.0%
Change in cash-€764-€1,472€3,010-€1,877▼ 162%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
15-07
State Gazette act Reappointments: Ben Verschaeren (director) and Bart Van Genechten (director)
3 facts ▸
  • General meeting, 04-05-2026
  • Director reappointment, Ben Verschaeren (director)
  • Director reappointment, Bart Van Genechten (director)
01-06
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial Back to profitnet €3.7m
Net result €3.7m after one loss-making year.
31-12
Financial Liquidity triplescurrent ratio 1.09
Current ratio from 0.35 to 1.09; short-term debt falls from €5.4m to €1.5m.
31-12
Financial Equity above €5mEq €7.5m ▲96.7%
Equity rises from €3.8m to €7.5m.
03-06
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
29-05
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial Back to profitnet €1.5m
Net result €1.5m after one loss-making year.
16-05
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial Weakest financial yearnet -€1.0m
Net result drops to -€1.0m, the lowest in the series; recovery starts the following year.
20-05
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
02-06
NBB filing Annual accounts filed
fiscal year 2020 · full schema
Show earlier events
2020
31-12
Financial Liquidity quadruplescurrent ratio 2.27
Current ratio from 0.64 to 2.27.
02-06
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
16-05
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
22-05
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
30-05
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 19 acts read
About the unread acts

Of the 19 Belgian State Gazette acts we know for this company, 1 has been read. The other 18 have not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 directors, last change in 2026
Bart Van Genechten
Director · since 04-05-2026
Current
Ben Verschaeren
Director · since 04-05-2026
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
18 of this company's 19 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Turnhout · 1 establishment unit since 2010
seat establishment The establishment unit on the map
Ground area
6,615 m²
Building footprint
4,734 m²
Volume, LiDAR
11,195 m³
Parcel 13454R0624/00A002, Flanders · tallest building 18.4 m. Linked by address, not a title deed.
5 companies at this address See who is registered here
1 establishment unit
Cartamundi Benelux
Turnovatoren 14, 2300 TurnhoutManufacture of paper and paper products
since 20102.187.874.095
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13454R0624/00A002 Flanders 6,615 m² 1 · 4,734 m² 18.4 m
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Mandate history

2 people since 2026, 2 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Bart Van Genechten
  • Director, already before 04-05-2026 to date
Ben Verschaeren
  • Director, already before 04-05-2026 to date
See the board, name and seat on a given date →

Articles of association

Other statement
One provision in the deed

Structure & network

Part of the group Cartamundi 10 companies Group, risk and exposure

Owners and holdings

2 owners · 5 holdings

Chain of control

  1. Cartamundi 99.99%
  2. Cartamundi Benelux

Highest known parent: Cartamundi. The sources do not say who stands above it.

Owners 2

Holdings 5

  • AGMüller AGCHsubsidiary
    Equity CHF 1.5mResult CHF 138,494
    100%
  • Cartamundi Hungary KftHUsubsidiary
    Equity HUF 109.6mResult HUF 20.6m
    100%
  • Cartamundi Italia SRLITsubsidiary
    Equity €172,574Result €36,509
    100%
  • Cartamundi Nordic ABSEsubsidiary
    Equity SEK 1.8mResult SEK 429,615
    100%
  • Jarden ETVE SLESsubsidiary
    Equity €30.1mResult €3.1m
    100%

According to the 2025 annual accounts of Cartamundi Benelux and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

2 current directors
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

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Recognitions · licences · registrations

Legal Entity Identifier

549300EQTT1FONNN3H92
no longer live in the LEI register

Similar companies · same sector, comparable size

Of 338 companies in sector 32400 we hold annual accounts for 103. 14 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded28-04-2010
Fiscal year end31-12
Activities, NACEBEL 2025
32400Other manufacturing
46497Wholesale trade
E-invoicing
Reachable via Peppol
Peppol ID 0208:0825550667
Also 9925:BE0825550667

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.