What is the address of PACAPIME?

The registered office of PACAPIME is located at Noorderstraat 1, 1500 Halle.

Is PACAPIME still active?

Yes. According to the CBE (30 October 2026) PACAPIME is active, legal situation “Normale toestand”, started on 19 December 1990.

Is PACAPIME registered on Peppol?

Yes, PACAPIME is registered on the Peppol network with ID 0208:0442338311.

What is the enterprise number of PACAPIME?

The enterprise number of PACAPIME is BE0442338311.

When was PACAPIME founded?

PACAPIME was founded on 19 December 1990.

Who are the directors of PACAPIME?

According to the 2025 annual accounts, the directors of PACAPIME are: Sternova BV, Céline Pissens, Vennova BV, Lucie Pissens, Cathérine Pissens, Susana Alejandro Balet.

Is PACAPIME a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 19 December 1990; 5 annual accounts filed, latest fiscal year 2025; 6 directors known from the annual account.

How much profit did PACAPIME make in 2025?

PACAPIME posted a profit after taxes of € 1,416,560 in financial year 2025.

What is the revenue of PACAPIME?

In its most recent annual accounts (2025), PACAPIME reported revenue of € 56,625,748.

How much does an employee at PACAPIME earn?

The average wage cost per full-time employee at PACAPIME was € 64,600 in 2025: staff costs of € 8.1 million for 125.6 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does PACAPIME have?

According to the 2025 annual accounts, PACAPIME has 125.6 full-time equivalents (FTE).

PACAPIME (Public Limited) - Halle - BE0442338311

Q: What does PACAPIME do?

PACAPIME is registered with the CBE as active in: Vervaardiging van gegolfd papier, golfkarton en verpakkingsmateriaal van papier en karton. Public Limited, started on 19 December 1990, 1 establishment.

Dossier PACAPIME, printed on 30 October 2026 from databakkes.be/en/0442338311/pacapime. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

PACAPIME from Halle, company number BE0442338311, closed financial year 2025 with a result of € 1.4 million after tax. For that financial year PACAPIME recorded revenue of € 56.6 million and equity of € 26.5 million. Compared with financial year 2024, the result moved from € 2.1 million to € 1.4 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 June 29, 2026.

What it is worth Growing

€ 26.5 million

▲ 6% vs 2024

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

Profit Healthy

€ 1.4 million

▼ 33% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 3.1 million

▲ 98% 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 € 23.5 million.

People and assets in 2025

Full-time equivalents

125.6

▲ 7.4 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: € 11.1 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 8.1 million

▲ 11% vs 2024

€ 64,600 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.

Vehicles and equipment

€ 6.7 million

▼ 14% vs 2024

Of which on lease € 6.6 million.

Debts at end 2025

Bank debt ≈ 5 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 9.1 million

▲ 28% vs 2024

€ 1.7 million is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 2.4 million

▼ 29% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 19 days on average.

Taxes and wages

€ 1.5 million

▲ 1% 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	€ 60,410,017 Revenue 2022: € 60,410,017 First fiscal year in the series	€ 54,480,835 Revenue 2023: € 54,480,835 ▼ 10% vs 2022 (€ 60,410,017) Unfavourable step	€ 53,802,397 Revenue 2024: € 53,802,397 ▼ 1% vs 2023 (€ 54,480,835) Unfavourable step	€ 56,625,748 Revenue 2025: € 56,625,748 ▲ 5% vs 2024 (€ 53,802,397) Favourable step	▲ 5%
Profit after taxes	€ 909,844 Profit after taxes 2022: € 909,844 First fiscal year in the series	€ 5,603,802 Profit after taxes 2023: € 5,603,802 ▲ € 4.7 million vs 2022 (€ 909,844) Favourable step	€ 2,110,977 Profit after taxes 2024: € 2,110,977 ▼ 62% vs 2023 (€ 5,603,802) Unfavourable step	€ 1,416,560 Profit after taxes 2025: € 1,416,560 ▼ 33% vs 2024 (€ 2,110,977) Unfavourable step	▼ 33%
Equity	€ 46,595,947 Equity 2022: € 46,595,947 First fiscal year in the series	€ 22,949,224 Equity 2023: € 22,949,224 ▼ 51% vs 2022 (€ 46,595,947) Unfavourable step	€ 25,060,201 Equity 2024: € 25,060,201 ▲ 9% vs 2023 (€ 22,949,224) Favourable step	€ 26,476,761 Equity 2025: € 26,476,761 ▲ 6% vs 2024 (€ 25,060,201) Favourable step	▲ 6%
Total debts	€ 11,827,890 Total debts 2022: € 11,827,890 First fiscal year in the series	€ 12,740,167 Total debts 2023: € 12,740,167 ▲ 8% vs 2022 (€ 11,827,890) Unfavourable step	€ 11,887,857 Total debts 2024: € 11,887,857 ▼ 7% vs 2023 (€ 12,740,167) Favourable step	€ 13,015,073 Total debts 2025: € 13,015,073 ▲ 9% vs 2024 (€ 11,887,857) Unfavourable step	▲ 9%
Cash	€ 4,293,610 Cash 2022: € 4,293,610 First fiscal year in the series	€ 3,731,334 Cash 2023: € 3,731,334 ▼ 13% vs 2022 (€ 4,293,610) Unfavourable step	€ 1,540,566 Cash 2024: € 1,540,566 ▼ 59% vs 2023 (€ 3,731,334) Unfavourable step	€ 3,051,642 Cash 2025: € 3,051,642 ▲ 98% vs 2024 (€ 1,540,566) Favourable step	▲ 98%
Land & buildings	€ 167,906 Land & buildings 2022: € 167,906 First fiscal year in the series	€ 145,128 Land & buildings 2023: € 145,128 ▼ 14% vs 2022 (€ 167,906) Unchanged	€ 543,966 Land & buildings 2024: € 543,966 ▲ 275% vs 2023 (€ 145,128) Unchanged	€ 674,623 Land & buildings 2025: € 674,623 ▲ 24% vs 2024 (€ 543,966) Unchanged	▲ 24%
Retained profit	€ 43,595,884 Retained profit 2022: € 43,595,884 First fiscal year in the series	€ 19,949,160 Retained profit 2023: € 19,949,160 ▼ 54% vs 2022 (€ 43,595,884) Unfavourable step	€ 22,060,138 Retained profit 2024: € 22,060,138 ▲ 11% vs 2023 (€ 19,949,160) Favourable step	€ 23,476,698 Retained profit 2025: € 23,476,698 ▲ 6% vs 2024 (€ 22,060,138) Favourable step	▲ 6%
Dividend	€ 25,000,000 Dividend 2022: € 25,000,000 First fiscal year in the series	€ 29,250,525 Dividend 2023: € 29,250,525 ▲ 17% vs 2022 (€ 25,000,000) Unchanged	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 29,250,525) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Bank debt	€ 8,098,345 Bank debt 2022: € 8,098,345 First fiscal year in the series	€ 8,269,893 Bank debt 2023: € 8,269,893 ▲ 2% vs 2022 (€ 8,098,345) Unfavourable step	€ 7,056,174 Bank debt 2024: € 7,056,174 ▼ 15% vs 2023 (€ 8,269,893) Favourable step	€ 9,058,022 Bank debt 2025: € 9,058,022 ▲ 28% vs 2024 (€ 7,056,174) Unfavourable step	▲ 28%
Balance sheet total	€ 58,708,384 Balance sheet total 2022: € 58,708,384 First fiscal year in the series	€ 36,212,175 Balance sheet total 2023: € 36,212,175 ▼ 38% vs 2022 (€ 58,708,384) Unchanged	€ 37,413,953 Balance sheet total 2024: € 37,413,953 ▲ 3% vs 2023 (€ 36,212,175) Unchanged	€ 40,049,857 Balance sheet total 2025: € 40,049,857 ▲ 7% vs 2024 (€ 37,413,953) Unchanged	▲ 7%
Employees (FTE)	109.7 Employees (FTE) 2022: 109.7 First fiscal year in the series	108.3 Employees (FTE) 2023: 108.3 ▼ 1.4 vs 2022 (109.7) Unchanged	118.2 Employees (FTE) 2024: 118.2 ▲ 9.9 vs 2023 (108.3) Unchanged	125.6 Employees (FTE) 2025: 125.6 ▲ 7.4 vs 2024 (118.2) Unchanged	▲ 7.4

Key figures of PACAPIME, 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 PACAPIME?

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

2032 Sternova BV stepped down as director. NBB
2032 Céline Pissens stepped down as director. NBB
2032 Vennova BV stepped down as director. NBB
2032 Lucie Pissens stepped down as director. NBB
2032 Cathérine Pissens stepped down as director. NBB
2032 Susana Alejandro Balet stepped down as director. NBB
Jun 29, 2026 New annual accounts for financial year 2025: profit of € 1.4 million (▼ 33% vs 2024). Source: NBB ↗
2026 Sternova BV became a director. NBB

In short

From € 909,844 profit in 2022 to € 1.4 million profit in 2025.

Paid € 3.3 million in corporate taxes since 2022.

Best year ever: 2023, with € 5.6 million profit.

Paid out € 54.3 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

NOVAPACK 75.1%

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

PACAPIME

The shares are held by NOVAPACK (75.1%).

Directors

According to the 2025 annual accounts

Sternova BV

Director · represented by Laurent Pissens

since 2026 · until 2032

Céline Pissens

Director

since 2023 · until 2032

Vennova BV

Chairman of the board · represented by Paul Pissens

since 2023 · until 2032

Lucie Pissens

Director

since 2025 · until 2032

Cathérine Pissens

Director

Also active at: NOVAPACK

since 2023 · until 2032

Susana Alejandro Balet

Director

since 2024 · until 2032

Shareholders

NOVAPACK

75.1%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Noorderstraat 1

1500 Halle

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

Details

Company number

0442.338.311

VAT number

BE 0442.338.311

Registered office

Noorderstraat 1, 1500 Halle

Names & denominations

PACAPIME

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

19 December 1990

Peppol

Active · Active since 20 Nov 2020

Activities · NACE

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

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

Vervaardiging van papier en karton

Vervaardiging van karton

View on CBE Public ↗ Annual accounts (NBB) ↗

PACAPIME

Financials

What happened to PACAPIME?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Details

Frequently asked questions