Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 47 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Cartonnages Roland from Kruisem, company number BE0428097721, closed financial year 2025 with a result of € 16,307 after tax. For that financial year Cartonnages Roland recorded a gross margin of € 929,991 and equity of € 2.2 million. Compared with financial year 2024, the result moved from € -300 to € 16,307. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 9, 2026.
€ 2.2 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 16,307
▲ still € 300 loss in 2024
Profit after tax over the fiscal year.
€ 380,490
▼ 19% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 2 million.
People and assets in 2025
7.1
▼ 0.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 412,815
▲ 1% vs 2024
€ 58,100 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.
€ 413,904
▼ 16% vs 2024
Of which on lease € 406,250.
Debts at end 2025
€ 4.8 million
▼ 6% vs 2024
€ 305,373 is repaid this year. At this pace the long-term loan is gone in ≈ 16 years.
€ 216,513
▲ 46% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 51,362
▼ 23% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 968,985 | € 1,281,162 | € 908,929 | € 929,991 | ▲ 2% |
| Profit after taxes | € 507,975 | € 400,010 | € -300 | € 16,307 | ▲ € 16,607 |
| Equity | € 1,830,229 | € 2,230,239 | € 2,229,939 | € 2,245,098 | ▲ 1% |
| Total debts | € 4,092,273 | € 6,035,335 | € 5,744,891 | € 5,471,902 | ▼ 5% |
| Cash | € 606,349 | € 923,050 | € 471,117 | € 380,490 | ▼ 19% |
| Land & buildings | € 4,280,320 | € 5,972,764 | € 5,891,833 | € 5,675,655 | ▼ 4% |
| Retained profit | € 1,580,229 | € 1,980,239 | € 1,979,939 | € 1,995,098 | ▲ 1% |
| Bank debt | € 3,460,472 | € 5,381,304 | € 5,090,563 | € 4,792,472 | ▼ 6% |
| Balance sheet total | € 5,922,502 | € 8,380,761 | € 8,084,233 | € 7,820,619 | ▼ 3% |
| Employees (FTE) | 8 | 8 | 8 | 7.1 | ▼ 0.9 |
Key figures of Cartonnages Roland, 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 Cartonnages Roland?
What happened at Cartonnages Roland in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Filip Schoonaert stepped down as director. NBB
- Pieter-Paul Schoonaert stepped down as director. NBB
- Michaël Schoonaert stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 16,307. Source: NBB ↗
- New establishment in Kruisem. KBO
- Start of the company according to the CBE. KBO
In short
From € 507,975 profit in 2022 to € 16,307 profit in 2025.
Paid € 14,788 in corporate taxes since 2022.
Best year ever: 2022, with € 507,975 profit.
On average € 131,000 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
Pieter-Paul Schoonaert
Director
· until 2027
Filip Schoonaert
Director
· until 2028
Michaël Schoonaert
Director
· until 2027
Establishments
Establishment units
Physical locations of this company
Souverainestraat 31
9770 Kruisem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0428.097.721
- VAT number
- BE 0428.097.721
- Registered office
- Souverainestraat 31, 9770 Kruisem
- Names & denominations
- Cartonnages Roland
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 11 December 1985
- Peppol
- Active · Active since 18 Mar 2025
- Contact
- cartonnagesroland.be
- Activities · NACE
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