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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 46 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 72.1 to 52.3.
Financials
Financial year 2025
VAN DE VELDE PACKAGING from Lichtervelde, company number BE0444255050, closed financial year 2025 with a result of € -185,019 after tax. For that financial year VAN DE VELDE PACKAGING recorded revenue of € 13.6 million and equity of € 8 million. Compared with financial year 2024, the result moved from € -673,832 to € -185,019. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 14, 2026.
€ 8 million
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -185,019
▲ 73 % less loss than in 2024
Profit after tax over the fiscal year.
€ 444,810
▲ 76% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 6.5 million.
People and assets in 2025
52.3
▼ 10.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.5 million
▼ 5% vs 2024
€ 66,600 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.
€ 725,324
▼ 35% vs 2024
Of which on lease € 712,036.
Debts at end 2025
€ 524,470
▼ 69% vs 2024
€ 70,722 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 1.7 million
▼ 31% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 58 days on average.
€ 559,909
▼ 6% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 20,279,597 | € 15,032,194 | € 12,498,111 | € 13,564,450 | ▲ 9% |
| Profit after taxes | € -251,395 | € -854,032 | € -673,832 | € -185,019 | ▲ € 488,813 |
| Equity | € 9,736,956 | € 8,882,924 | € 8,209,093 | € 8,024,074 | ▼ 2% |
| Total debts | € 8,525,872 | € 5,963,270 | € 6,541,919 | € 4,611,012 | ▼ 30% |
| Cash | € 1,330,801 | € 633,554 | € 253,107 | € 444,810 | ▲ 76% |
| Land & buildings | € 164,324 | € 142,656 | € 250,307 | € 210,750 | ▼ 16% |
| Retained profit | € 8,221,416 | € 7,367,384 | € 6,693,552 | € 6,508,534 | ▼ 3% |
| Bank debt | € 2,342,675 | € 1,678,833 | € 1,709,981 | € 524,470 | ▼ 69% |
| Balance sheet total | € 18,668,808 | € 15,160,150 | € 14,976,594 | € 12,776,093 | ▼ 15% |
| Employees (FTE) | 74.2 | 72.1 | 62.7 | 52.3 | ▼ 10.4 |
Key figures of VAN DE VELDE 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 VAN DE VELDE PACKAGING?
What happened at VAN DE VELDE PACKAGING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Erwin Klünder stepped down as director. NBB
- Henk Rogiers stepped down as director. NBB
- Philip Bautil stepped down as director. NBB
- Tomas Neuhaus Nevado stepped down as director. NBB
- Francesca Maria Cecilia Giacoppo stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 185,019. Source: NBB ↗
- Erwin Klünder became a director. NBB
- Henk Rogiers became a director. NBB
In short
From € 251,395 loss in 2022 to € 185,019 loss in 2025.
Paid € 1.1 million in corporate taxes since 2022.
Pays suppliers within 58 days on average.
Management
The stake of P. Van de Velde comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VAN DE VELDE PACKAGINGThe shares are held by P. Van de Velde (100%). It owns Nanuk itself.
Directors
According to the 2025 annual accounts
Henk Rogiers
Bestuurder
since 2026 · until 2032
Philip Bautil
Bestuurder
since 2026 · until 2032
Tomas Neuhaus Nevado
Bestuurder
since 2026 · until 2032
Francesca Maria Cecilia Giacoppo
Bestuurder
since 2026 · until 2032
Erwin Klünder
Bestuurder
since 2026 · until 2032
Shareholders
100%
Participations
Establishments
Establishment units
Physical locations of this company
Industrielaan 22
8810 Lichtervelde
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0444.255.050
- VAT number
- BE 0444.255.050
- Registered office
- Industrielaan 22, 8810 Lichtervelde
- Names & denominations
- VAN DE VELDE PACKAGING
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 May 1991
- Peppol
- Active · Active since 11 Dec 2025
- Activities · NACE
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