What is the address of Smurfit Westrock Turnhout?

The registered office of Smurfit Westrock Turnhout is located at Bremheidelaan 1, 2300 Turnhout.

Is Smurfit Westrock Turnhout still active?

Yes. According to the CBE (30 October 2026) Smurfit Westrock Turnhout is active, legal situation “Normale toestand”, started on 13 June 1989.

Is Smurfit Westrock Turnhout registered on Peppol?

Yes, Smurfit Westrock Turnhout is registered on the Peppol network with ID 0208:0437837016.

What is the enterprise number of Smurfit Westrock Turnhout?

The enterprise number of Smurfit Westrock Turnhout is BE0437837016.

When was Smurfit Westrock Turnhout founded?

Smurfit Westrock Turnhout was founded on 13 June 1989.

Who are the directors of Smurfit Westrock Turnhout?

According to the 2025 annual accounts, the directors of Smurfit Westrock Turnhout are: Peter Nackaerts, Jamal El-Allachi, Vincent Chaidron.

Is Smurfit Westrock Turnhout a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 13 June 1989; 3 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did Smurfit Westrock Turnhout make in 2025?

Smurfit Westrock Turnhout posted a profit after taxes of € 3,451,388 in financial year 2025.

What is the revenue of Smurfit Westrock Turnhout?

In its most recent annual accounts (2025), Smurfit Westrock Turnhout reported revenue of € 119,676,282.

How much does an employee at Smurfit Westrock Turnhout earn?

The average wage cost per full-time employee at Smurfit Westrock Turnhout was € 85,200 in 2025: staff costs of € 28.2 million for 330.7 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Smurfit Westrock Turnhout have?

According to the 2025 annual accounts, Smurfit Westrock Turnhout has 330.7 full-time equivalents (FTE).

Smurfit Westrock Turnhout (Public Limited) - Turnhout

Q: What does Smurfit Westrock Turnhout do?

Smurfit Westrock Turnhout is registered with the CBE as active in: Vervaardiging van gegolfd papier en golfkarton en van verpakkingsmateriaal van papier en karton. Public Limited, started on 13 June 1989, 1 establishment.

Dossier Smurfit Westrock Turnhout, printed on 30 October 2026 from databakkes.be/en/0437837016/smurfit-westrock-turnhout. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

Smurfit Westrock Turnhout from Turnhout, company number BE0437837016, closed financial year 2025 with a result of € 3.5 million after tax. For that financial year Smurfit Westrock Turnhout recorded revenue of € 119.7 million and equity of € 53.3 million. Compared with financial year 2024, the result moved from € 19.2 million to € 3.5 million. 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 July 13, 2026.

What it is worth Growing

€ 53.3 million

▲ 7% vs 2024

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

Profit Healthy

€ 3.5 million

▼ 82% vs 2024

Profit after tax over the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 41.9 million.

People and assets in 2025

Full-time equivalents

330.7

▼ 14.1 vs 2024

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: € 26.5 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 28.2 million

€ 85,200 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

€ 44,192

▼ 2% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 4 million

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 15 million

▲ 7% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 65 days on average.

Taxes and wages

€ 8 million

▼ 3% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2023	2024	2025	Change 2024 → 2025
Revenue	€ 131,892,028 Revenue 2023: € 131,892,028 First fiscal year in the series	€ 118,633,196 Revenue 2024: € 118,633,196 ▼ 10% vs 2023 (€ 131,892,028) Unfavourable step	€ 119,676,282 Revenue 2025: € 119,676,282 ▲ 1% vs 2024 (€ 118,633,196) Favourable step	▲ 1%
Profit after taxes	€ 13,582,790 Profit after taxes 2023: € 13,582,790 First fiscal year in the series	€ 19,242,751 Profit after taxes 2024: € 19,242,751 ▲ 42% vs 2023 (€ 13,582,790) Favourable step	€ 3,451,388 Profit after taxes 2025: € 3,451,388 ▼ 82% vs 2024 (€ 19,242,751) Unfavourable step	▼ 82%
Equity	€ 51,596,483 Equity 2023: € 51,596,483 First fiscal year in the series	€ 49,839,234 Equity 2024: € 49,839,234 ▼ 3% vs 2023 (€ 51,596,483) Unfavourable step	€ 53,290,622 Equity 2025: € 53,290,622 ▲ 7% vs 2024 (€ 49,839,234) Favourable step	▲ 7%
Total debts	€ 31,014,162 Total debts 2023: € 31,014,162 First fiscal year in the series	€ 26,223,130 Total debts 2024: € 26,223,130 ▼ 15% vs 2023 (€ 31,014,162) Favourable step	€ 27,180,391 Total debts 2025: € 27,180,391 ▲ 4% vs 2024 (€ 26,223,130) Unfavourable step	▲ 4%
Cash	€ 6,782 Cash 2023: € 6,782 First fiscal year in the series	€ 0 Cash 2024: € 0 ▼ 100% vs 2023 (€ 6,782) Unfavourable step	-
Land & buildings	€ 5,581,435 Land & buildings 2023: € 5,581,435 First fiscal year in the series	€ 6,840,264 Land & buildings 2024: € 6,840,264 ▲ 23% vs 2023 (€ 5,581,435) Unchanged	€ 7,191,380 Land & buildings 2025: € 7,191,380 ▲ 5% vs 2024 (€ 6,840,264) Unchanged	▲ 5%
Retained profit	€ 40,193,381 Retained profit 2023: € 40,193,381 First fiscal year in the series	€ 38,436,131 Retained profit 2024: € 38,436,131 ▼ 4% vs 2023 (€ 40,193,381) Unfavourable step	€ 41,887,520 Retained profit 2025: € 41,887,520 ▲ 9% vs 2024 (€ 38,436,131) Favourable step	▲ 9%
Dividend	€ 0 Dividend 2023: € 0 First fiscal year in the series	€ 21,000,000 Dividend 2024: € 21,000,000 Unchanged (€ 0) Unchanged	€ 0 Dividend 2025: € 0 ▼ 100% vs 2024 (€ 21,000,000) Unchanged	▼ 100%
Bank debt	€ 4,000,000 Bank debt 2023: € 4,000,000 First fiscal year in the series	€ 4,000,000 Bank debt 2024: € 4,000,000 Unchanged (€ 4,000,000) Unchanged	€ 4,000,000 Bank debt 2025: € 4,000,000 Unchanged (€ 4,000,000) Unchanged
Balance sheet total	€ 84,275,850 Balance sheet total 2023: € 84,275,850 First fiscal year in the series	€ 77,805,632 Balance sheet total 2024: € 77,805,632 ▼ 8% vs 2023 (€ 84,275,850) Unchanged	€ 81,979,577 Balance sheet total 2025: € 81,979,577 ▲ 5% vs 2024 (€ 77,805,632) Unchanged	▲ 5%
Employees (FTE)	346.7 Employees (FTE) 2023: 346.7 First fiscal year in the series	344.8 Employees (FTE) 2024: 344.8 ▼ 1.9 vs 2023 (346.7) Unchanged	330.7 Employees (FTE) 2025: 330.7 ▼ 14.1 vs 2024 (344.8) Unchanged	▼ 14.1

Key figures of Smurfit Westrock Turnhout, fiscal years 2023 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 Smurfit Westrock Turnhout?

What happened at Smurfit Westrock Turnhout in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2028 Peter Nackaerts stepped down as director. NBB
2028 Jamal El-Allachi stepped down as director. NBB
2028 Vincent Chaidron stepped down as director. NBB
Jul 13, 2026 New annual accounts for financial year 2025: profit of € 3.5 million (▼ 82% vs 2024). Source: NBB ↗
2025 Peter Nackaerts became a director. NBB
2025 Jamal El-Allachi became a director. NBB
2025 Vincent Chaidron became a director. NBB
Sep 15, 1989 New establishment in Turnhout. KBO

In short

From € 13.6 million profit in 2023 to € 3.5 million profit in 2025.

Paid € 7.5 million in corporate taxes since 2023.

Best year ever: 2024, with € 19.2 million profit.

Paid out € 21 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Smurfit Westrock Cartomills 100%

The stake of Smurfit Westrock Cartomills comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

Smurfit Westrock Turnhout

Smurfit Westrock Recycling 100%

Smurfit Westrock Olen 100%

Smurfit Westrock Van Mierlo 100%

Smurfit Westrock Drogenbos 100%

The shares are held by Smurfit Westrock Cartomills (100%). It owns 100% of Smurfit Westrock Recycling, 100% of Smurfit Westrock Olen, 100% of Smurfit Westrock Van Mierlo and 100% of Smurfit Westrock Drogenbos itself.

Directors

According to the 2025 annual accounts

Peter Nackaerts

Director

since 2025 · until 2028

Jamal El-Allachi

Managing director

Also active at: Smurfit Westrock Olen

since 2025 · until 2028

Vincent Chaidron

Director

Also active at: Smurfit Westrock Olen

since 2025 · until 2028

Shareholders

Smurfit Westrock Cartomills

100%

Participations

Smurfit Westrock Recycling

100%

Smurfit Westrock Olen

100%

Smurfit Westrock Van Mierlo

100%

Smurfit Westrock Drogenbos

100%

Establishments

Establishment units

Physical locations of this company

Registered office

Bremheidelaan 1

2300 Turnhout

2.044.795.533

Bremheidelaan 1 box 4

2300 Turnhout

Active since 15 September 1989

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

Details

Company number

0437.837.016

VAT number

BE 0437.837.016

Registered office

Bremheidelaan 1, 2300 Turnhout

Names & denominations

Smurfit Westrock Turnhout

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

13 June 1989

Peppol

Active · Active since 11 Dec 2025

Activities · NACE

Vervaardiging van gegolfd papier en golfkarton en van verpakkingsmateriaal van papier en karton

Vervaardiging van gegolfd papier, golfkarton en verpakkingsmateriaal van papier en karton

Vervaardiging van papier en karton

Vervaardiging van papier

View on CBE Public ↗ Annual accounts (NBB) ↗

Smurfit Westrock Turnhout

Financials

What happened to Smurfit Westrock Turnhout?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Details

Frequently asked questions