What does Cartonneries de Thulin do?

Cartonneries de Thulin is a plastics manufacturer in Hensies. Public Limited, started on 18 December 1987, 1 establishment.

What is the address of Cartonneries de Thulin?

The registered office of Cartonneries de Thulin is located at Hameau de Debiham(TH) 20, 7350 Hensies.

Is Cartonneries de Thulin still active?

Yes. According to the CBE (31 October 2026) Cartonneries de Thulin is active, legal situation “Normale toestand”, started on 18 December 1987.

Is Cartonneries de Thulin registered on Peppol?

Yes, Cartonneries de Thulin is registered on the Peppol network with ID 0208:0433047590.

What is the enterprise number of Cartonneries de Thulin?

The enterprise number of Cartonneries de Thulin is BE0433047590.

When was Cartonneries de Thulin founded?

Cartonneries de Thulin was founded on 18 December 1987.

Who owns Cartonneries de Thulin?

It owns 99% of LAMMERANTIM itself.

Is Cartonneries de Thulin a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 18 December 1987; 5 annual accounts filed, latest fiscal year 2025.

How much profit did Cartonneries de Thulin make in 2025?

Cartonneries de Thulin posted a profit after taxes of € 13,260 in financial year 2025.

What is the revenue of Cartonneries de Thulin?

In its most recent annual accounts (2025), Cartonneries de Thulin reported revenue of € 6,881,364.

How much does an employee at Cartonneries de Thulin earn?

The average wage cost per full-time employee at Cartonneries de Thulin was € 45,800 in 2025: staff costs of € 1.2 million for 27 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Cartonneries de Thulin have?

According to the 2025 annual accounts, Cartonneries de Thulin has 27 full-time equivalents (FTE).

Cartonneries de Thulin (Public Limited) - Hensies

Dossier Cartonneries de Thulin, printed on 1 November 2026 from databakkes.be/en/0433047590/cartonneries-de-thulin. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 47 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

Cartonneries de Thulin from Hensies, company number BE0433047590, closed financial year 2025 with a result of € 13,260 after tax. For that financial year Cartonneries de Thulin recorded revenue of € 6.9 million and equity of € 6.5 million. Compared with financial year 2024, the result moved from € 28,341 to € 13,260. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 13, 2026.

What it is worth Growing

€ 6.5 million

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 13,260

▼ 53% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 62,230

▲ 16% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € -11.2 million.

People and assets in 2025

Full-time equivalents

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 2.4 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 1.2 million

€ 45,800 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.

Vehicles and equipment

€ 98,520

▼ 26% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 2.4 million

▼ 4% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 929,055

▼ 14% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 59 days on average.

Taxes and wages

€ 291,286

▼ 35% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 10,824,152 Revenue 2022: € 10,824,152 First fiscal year in the series	€ 7,522,981 Revenue 2023: € 7,522,981 ▼ 30% vs 2022 (€ 10,824,152) Unfavourable step	€ 7,622,157 Revenue 2024: € 7,622,157 ▲ 1% vs 2023 (€ 7,522,981) Favourable step	€ 6,881,364 Revenue 2025: € 6,881,364 ▼ 10% vs 2024 (€ 7,622,157) Unfavourable step	▼ 10%
Profit after taxes	€ -239,565 Profit after taxes 2022: € -239,565 First fiscal year in the series	€ -556,532 Profit after taxes 2023: € -556,532 ▼ € 316,967 vs 2022 (€ -239,565) Unfavourable step	€ 28,341 Profit after taxes 2024: € 28,341 ▲ € 584,873 vs 2023 (€ -556,532) Favourable step	€ 13,260 Profit after taxes 2025: € 13,260 ▼ 53% vs 2024 (€ 28,341) Unfavourable step	▼ 53%
Equity	€ 6,978,407 Equity 2022: € 6,978,407 First fiscal year in the series	€ 6,421,875 Equity 2023: € 6,421,875 ▼ 8% vs 2022 (€ 6,978,407) Unfavourable step	€ 6,450,216 Equity 2024: € 6,450,216 Unchanged (€ 6,421,875) Favourable step	€ 6,463,476 Equity 2025: € 6,463,476 Unchanged (€ 6,450,216) Favourable step
Total debts	€ 4,767,887 Total debts 2022: € 4,767,887 First fiscal year in the series	€ 4,974,182 Total debts 2023: € 4,974,182 ▲ 4% vs 2022 (€ 4,767,887) Unfavourable step	€ 4,831,470 Total debts 2024: € 4,831,470 ▼ 3% vs 2023 (€ 4,974,182) Favourable step	€ 4,472,226 Total debts 2025: € 4,472,226 ▼ 7% vs 2024 (€ 4,831,470) Favourable step	▼ 7%
Cash	€ 36,316 Cash 2022: € 36,316 First fiscal year in the series	€ 173,187 Cash 2023: € 173,187 ▲ € 136,871 vs 2022 (€ 36,316) Favourable step	€ 53,585 Cash 2024: € 53,585 ▼ 69% vs 2023 (€ 173,187) Unfavourable step	€ 62,230 Cash 2025: € 62,230 ▲ 16% vs 2024 (€ 53,585) Favourable step	▲ 16%
Retained profit	€ -10,734,011 Retained profit 2022: € -10,734,011 First fiscal year in the series	€ -11,290,543 Retained profit 2023: € -11,290,543 ▼ € 556,532 vs 2022 (€ -10,734,011) Unfavourable step	€ -11,262,202 Retained profit 2024: € -11,262,202 Unchanged (€ -11,290,543) Favourable step	€ -11,248,942 Retained profit 2025: € -11,248,942 Unchanged (€ -11,262,202) Favourable step
Bank debt	€ 2,273,938 Bank debt 2022: € 2,273,938 First fiscal year in the series	€ 2,202,347 Bank debt 2023: € 2,202,347 ▼ 3% vs 2022 (€ 2,273,938) Favourable step	€ 2,500,111 Bank debt 2024: € 2,500,111 ▲ 14% vs 2023 (€ 2,202,347) Unfavourable step	€ 2,399,397 Bank debt 2025: € 2,399,397 ▼ 4% vs 2024 (€ 2,500,111) Favourable step	▼ 4%
Balance sheet total	€ 11,746,294 Balance sheet total 2022: € 11,746,294 First fiscal year in the series	€ 11,396,057 Balance sheet total 2023: € 11,396,057 ▼ 3% vs 2022 (€ 11,746,294) Unchanged	€ 11,281,686 Balance sheet total 2024: € 11,281,686 ▼ 1% vs 2023 (€ 11,396,057) Unchanged	€ 10,935,702 Balance sheet total 2025: € 10,935,702 ▼ 3% vs 2024 (€ 11,281,686) Unchanged	▼ 3%
Employees (FTE)	27 Employees (FTE) 2022: 27 First fiscal year in the series	27 Employees (FTE) 2023: 27 Unchanged (27) Unchanged	27 Employees (FTE) 2024: 27 Unchanged (27) Unchanged	27 Employees (FTE) 2025: 27 Unchanged (27) Unchanged

Key figures of Cartonneries de Thulin, 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 Cartonneries de Thulin?

What happened at Cartonneries de Thulin in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Oct 13, 2026 New annual accounts for financial year 2025: profit of € 13,260 (▼ 53% vs 2024). filed late Source: NBB ↗
Jan 15, 1988 New establishment in Hensies. KBO
Dec 18, 1987 Start of the company according to the CBE. KBO

In short

From € 239,565 loss in 2022 to € 13,260 profit in 2025.

Paid € 15,288 in corporate taxes since 2022.

Best year ever: 2024, with € 28,341 profit.

Pays suppliers within 59 days on average.

Original PDFs at the National Bank ↗

Establishments

Establishment units

Physical locations of this company

Registered office

Hameau de Debiham(TH) 20

7350 Hensies

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 →

LAMMERANTIM same network

€ 76,805 revenue · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number: 0433.047.590
VAT number: BE 0433.047.590
Registered office: Hameau de Debiham(TH) 20, 7350 Hensies
Names & denominations: Cartonneries de Thulin
Enterprise type: Rechtspersoon
Legal form: Public limited company
Legal situation: Normale toestand
Start date: 18 December 1987
Peppol: Active · Active since 15 Dec 2025
Activities · NACE: Vervaardiging van verpakkingsmateriaal van kunststof

View on CBE Public ↗ Annual accounts (NBB) ↗

Cartonneries de Thulin