Financials
Financial year 2025
SMART PACKAGING SOLUTIONS from Hoogstraten, company number BE0449398129, closed financial year 2025 with a result of € 1.7 million after tax. For that financial year SMART PACKAGING SOLUTIONS recorded revenue of € 59.7 million and equity of € 7.2 million. Compared with financial year 2024, the result moved from € 1.3 million to € 1.7 million. 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 June 12, 2026.
€ 7.2 million
▲ 30% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.7 million
▲ 25% vs 2024
Profit after tax over the fiscal year.
€ 298
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 4.7 million.
People and assets in 2025
123.6
▲ 2.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 9.7 million
▲ 6% vs 2024
€ 78,100 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.
€ 622,756
▲ 103% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 9 million
Loans from banks and other lenders, long and short.
€ 4.4 million
▼ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 34 days on average.
€ 1.8 million
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 59,258,275 | € 52,056,136 | € 55,366,378 | € 59,702,166 | ▲ 8% |
| Profit after taxes | € 266,309 | € -26,802 | € 1,333,043 | € 1,662,304 | ▲ 25% |
| Equity | € 4,221,561 | € 4,194,759 | € 5,527,802 | € 7,190,106 | ▲ 30% |
| Total debts | € 16,987,229 | € 15,902,790 | € 15,932,151 | € 16,742,269 | ▲ 5% |
| Cash | € 668 | € 298 | € 298 | € 298 | |
| Land & buildings | € 4,882,137 | € 4,698,174 | € 4,560,657 | € 5,064,314 | ▲ 11% |
| Retained profit | € 1,721,561 | € 1,694,759 | € 3,027,802 | € 4,690,106 | ▲ 55% |
| Bank debt | € 9,000,000 | € 9,000,000 | € 9,000,000 | € 9,000,000 | |
| Balance sheet total | € 21,259,816 | € 20,136,646 | € 21,487,791 | € 23,986,754 | ▲ 12% |
| Employees (FTE) | 122.5 | 119.8 | 120.9 | 123.6 | ▲ 2.7 |
Key figures of SMART PACKAGING SOLUTIONS, 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 SMART PACKAGING SOLUTIONS?
What happened at SMART PACKAGING SOLUTIONS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- DNJ CommV stepped down as director. NBB
- Pierre Macharis stepped down as director. NBB
- FinCoPro BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.7 million (▲ 25% vs 2024). Source: NBB ↗
- DNJ CommV became a director. NBB
- Pierre Macharis became a director. NBB
- FinCoPro BV became a director. NBB
- New establishment in Hoogstraten. KBO
In short
From € 266,309 profit in 2022 to € 1.7 million profit in 2025.
Paid € 1.3 million in corporate taxes since 2022.
Best year ever: 2025, with € 1.7 million profit.
Pays suppliers within 34 days on average.
Management
The shares are held by VPK Group NV (99.9%) and Corex Belgium NV (0.1%).
Directors
According to the 2025 annual accounts
since 2023 · until 2029
Pierre Macharis
Managing director
Also active at: IMMOWELL, ARGON, ECOFORMER, CARTONNERIES DE WALLONIE, Lion Privak, COREX HOLDING
since 2023 · until 2029
Director · represented by Erik Peeters
Also active at: COREX Belgium, IMMOWELL, ARGON, ECOFORMER, VPK SERVICES, Febex Invest, COREX HOLDING, VPK FINANCE
since 2023 · until 2029
Shareholders
99.9%
0.1%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Europastraat 28
2321 Hoogstraten
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0449.398.129
- VAT number
- BE 0449.398.129
- Registered office
- Europastraat 28, 2321 Hoogstraten
- Names & denominations
- SMART PACKAGING SOLUTIONS · SPS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 5 February 1993
- Peppol
- Active · Active since 1 Dec 2025
- Activities · NACE
Vervaardiging van gegolfd papier, golfkarton en verpakkingsmateriaal van papier en karton
Groothandel in papier- en kartonwaren
Groothandel in papierwaren, kantoor- en schoolbehoeften
Vervaardiging van gegolfd papier en golfkarton en van verpakkingsmateriaal van papier en karton