Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Figures corrected NBB
Corrected annual account filed for 2023.
Financials
Financial year 2025
GAASCH PACKAGING from Asse, company number BE0404889282, closed financial year 2025 with a result of € -628,589 after tax. For that financial year GAASCH PACKAGING recorded revenue of € 52.9 million and equity of € 7.8 million. Compared with financial year 2024, the result moved from € 369,250 to € -628,589. 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 April 21, 2026.
€ 7.8 million
▼ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -628,589
▼ still € 369,250 profit in 2024
Profit after tax over the fiscal year.
€ 36,890
▼ 67% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 6.6 million.
People and assets in 2025
35.7
▲ 0.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.6 million
▲ 13% vs 2024
€ 100,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 121,494
▲ 10% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 7.3 million
▲ 11% vs 2024
€ 40,122 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 5 million
▲ 24% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 37 days on average.
€ 752,377
▼ 17% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 61,834,123 | € 69,173,022 | € 57,896,494 | € 52,870,044 | ▼ 9% |
| Profit after taxes | € 1,370,732 | € 757,055 | € 369,250 | € -628,589 | ▼ € 997,839 |
| Equity | € 8,691,711 | € 8,317,162 | € 8,411,412 | € 7,782,823 | ▼ 7% |
| Total debts | € 18,499,507 | € 17,485,198 | € 14,708,864 | € 16,093,385 | ▲ 9% |
| Cash | € 119,502 | € 106,732 | € 110,779 | € 36,890 | ▼ 67% |
| Land & buildings | € 499,104 | - | - | - | |
| Retained profit | € 7,448,030 | € 7,144,897 | € 7,239,147 | € 6,610,558 | ▼ 9% |
| Dividend | € 935,000 | € 632,500 | € 275,000 | € 0 | ▼ 100% |
| Bank debt | € 5,770,888 | € 6,421,658 | € 6,524,105 | € 7,256,927 | ▲ 11% |
| Balance sheet total | € 28,692,078 | € 25,885,220 | € 23,203,136 | € 23,959,068 | ▲ 3% |
| Employees (FTE) | 32.3 | 37.7 | 34.9 | 35.7 | ▲ 0.8 |
Key figures of GAASCH PACKAGING, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to GAASCH PACKAGING?
What happened at GAASCH PACKAGING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 628,589 (▼ € 997,839 vs 2024). Source: NBB ↗
- J.C. GAASCH MANAGEMENT stepped down as director. NBB
- SEBASTIEN HOTTLET stepped down as director. NBB
- J.C. GAASCH MANAGEMENT became a director. NBB
- SEBASTIEN HOTTLET became a director. NBB
- New establishment in Asse. KBO
- Start of the company according to the CBE. KBO
- New establishment in Antwerpen. KBO
In short
From € 1.4 million profit in 2022 to € 628,589 loss in 2025.
Paid € 2.5 million in corporate taxes since 2022.
Best year ever: 2022, with € 1.4 million profit.
Paid out € 1.8 million in dividends to the owners in total.
Management
Directors
According to the 2025 annual accounts
Managing director · represented by Jean-Christophe GAASCH
Also active at: Hacosan
since 2025 · until 2026
Managing director · represented by Sebastien HOTTLET
since 2025 · until 2026
Establishments
Establishment units
Physical locations of this company
Z. 5 Mollem 530
1730 Asse
Oudesteenweg 29
2060 Antwerpen
Active since 1 January 1906
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
- 0404.889.282
- VAT number
- BE 0404.889.282
- Registered office
- Z. 5 Mollem 530, 1730 Asse
- Names & denominations
- GAASCH PACKAGING
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 July 1927
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Groothandel in porselein en glaswerk
Groothandel in vaat- en glaswerk
Groothandel in niet-elektrische huishoudelijke artikelen