Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 60 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GOLFKARTON SOENEN from Hooglede, company number BE0402753995, closed financial year 2025 with a result of € -8.4 million after tax. For that financial year GOLFKARTON SOENEN recorded revenue of € 105.9 million and equity of € 50.9 million. Compared with financial year 2024, the result moved from € -4.3 million to € -8.4 million. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 23, 2026.
€ 50.9 million
▼ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -8.4 million
▼ 93 % more loss than in 2024
Profit after tax over the fiscal year.
€ 776,095
▼ 9% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 2.8 million.
People and assets in 2025
€ 96.5 million
▲ € 82.9 million vs 2024
Of which on lease € 95.4 million.
Debts at end 2025
€ 119.2 million
▲ 238% vs 2024
€ 4.9 million is repaid this year. At this pace the long-term loan is gone in ≈ 20 years.
€ 9.6 million
▲ 8% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 36 days on average.
€ 364,439
▲ 31% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 203,494,042 | € 93,985,299 | € 96,005,696 | € 105,948,997 | ▲ 10% |
| Profit after taxes | € -1,551,289 | € -3,503,657 | € -4,337,383 | € -8,364,166 | ▼ € 4 million |
| Equity | € 67,141,224 | € 63,637,566 | € 59,300,184 | € 50,936,018 | ▼ 14% |
| Total debts | € 41,000,768 | € 38,916,281 | € 48,657,315 | € 129,560,327 | ▲ 166% |
| Cash | € 7,313,777 | € 3,509,805 | € 854,281 | € 776,095 | ▼ 9% |
| Land & buildings | € 25,693,068 | € 25,709,409 | € 25,678,163 | € 25,675,772 | |
| Retained profit | € 18,960,559 | € 15,456,902 | € 11,119,519 | € 2,755,353 | ▼ 75% |
| Bank debt | € 30,004,257 | € 27,366,484 | € 35,214,924 | € 119,184,517 | ▲ 238% |
| Balance sheet total | € 108,561,084 | € 102,972,940 | € 108,376,591 | € 181,506,137 | ▲ 67% |
Key figures of GOLFKARTON SOENEN, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 July 2027.
What happened to GOLFKARTON SOENEN?
What happened at GOLFKARTON SOENEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- DE BIE PHILIP PRETIUM PLUS VOF stepped down as director. NBB
- Mia DE BIE stepped down as director. NBB
- CEDMAT CommV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 8.4 million. Source: NBB ↗
- DE BIE PHILIP PRETIUM PLUS VOF became a director. NBB
- Mia DE BIE became a director. NBB
- CEDMAT CommV became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 1.6 million loss in 2022 to € 8.4 million loss in 2025.
Paid € 49,238 in corporate taxes since 2022.
Pays suppliers within 36 days on average.
Management
It owns 100% of Golfkarton Soenen Nederland, 100% of Corrugated Engineering and Maintenance, 100% of Soenen corrugated production Hooglede, 100% of Lambrecht-Verbeke, 100% of Sobietra and 100% of Management and Trading Corporation S.D. itself.
Directors
According to the 2025 annual accounts
DE BIE PHILIP PRETIUM PLUS VOF
Managing director · represented by Philip DE BIE
since 2025 · until 2031
Mia DE BIE
Director
Also active at: Lambrecht - Verbeke, SOBIETRA, SOENEN CORRUGATED PRODUCTION HOOGLEDE, Management and Trading Corporation S.D., CORRUGATED INVESTMENT COMPANY, CORRUGATED ENGINEERING AND MAINTENANCE
since 2025 · until 2031
Director · represented by Luc TRUYENS
Also active at: The Veneer, Financial Fleet Services
since 2025 · until 2031
Establishments
Establishment units
Physical locations of this company
Roeselarestraat 90
8830 Hooglede
Meiboomstraat 16
8830 Hooglede
Active since 1 April 1964
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0402.753.995
- VAT number
- BE 0402.753.995
- Registered office
- Roeselarestraat 90, 8830 Hooglede
- Names & denominations
- GOLFKARTON SOENEN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Active · Active since 5 Dec 2025
- Activities · NACE
Vervaardiging van papier en karton
Vervaardiging van papier