Financials
Financial year 2025
Belgian Paper Convertors from Sint-Katelijne-Waver, company number BE0451618934, closed financial year 2025 with a result of € 206,969 after tax. For that financial year Belgian Paper Convertors recorded a gross margin of € 1.5 million and equity of € 1.9 million. Compared with financial year 2024, the result moved from € 557,050 to € 206,969. 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 March 4, 2026.
€ 1.9 million
▲ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 206,969
▼ 63% vs 2024
Profit after tax over the fiscal year.
€ 713,829
▲ 138% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -527,606.
People and assets in 2025
18.4
▼ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 791,058
▲ 4% vs 2024
€ 43,000 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.
€ 9,082
▲ € 8,540 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 346,565
▼ 72% vs 2024
Loans from banks and other lenders, long and short.
€ 197,785
▼ 50% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 118,182
▲ 108% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 878,861 | € 1,989,113 | € 1,763,054 | € 1,549,587 | ▼ 12% |
| Profit after taxes | € -608,188 | € 619,459 | € 557,050 | € 206,969 | ▼ 63% |
| Equity | € 488,916 | € 1,108,375 | € 1,665,425 | € 1,872,394 | ▲ 12% |
| Total debts | € 3,063,279 | € 2,486,885 | € 2,179,395 | € 2,076,757 | ▼ 5% |
| Cash | € 70,574 | € 134,549 | € 299,489 | € 713,829 | ▲ 138% |
| Retained profit | € -1,911,084 | € -1,291,625 | € -734,575 | € -527,606 | ▲ € 206,969 |
| Bank debt | € 1,478,650 | € 1,487,239 | € 1,242,944 | € 346,565 | ▼ 72% |
| Balance sheet total | € 3,552,195 | € 3,595,259 | € 3,844,821 | € 3,949,151 | ▲ 3% |
| Employees (FTE) | 20 | 19.4 | 19.1 | 18.4 | ▼ 0.7 |
Key figures of Belgian Paper Convertors, 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 Belgian Paper Convertors?
What happened at Belgian Paper Convertors in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 206,969 (▼ 63% vs 2024). Source: NBB ↗
- DDEK SOLUTIONS BV became a director. NBB
- New establishment in Sint-Katelijne-Waver. KBO
- Start of the company according to the CBE. KBO
In short
From € 608,188 loss in 2022 to € 206,969 profit in 2025.
Paid € 28,168 in corporate taxes since 2022.
Best year ever: 2023, with € 619,459 profit.
On average € 84,200 of value added per employee in 2025.
Management
The stake of Service Packaging Products Group comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Belgian Paper ConvertorsBehind Belgian Paper Convertors is DDEK SOLUTIONS BV. The shares are held by Service Packaging Products Group (100%).
Directors
According to the 2025 annual accounts
Managing director · represented by Dimitri Dekdouk
Also active at: Service Packaging Products Group
since 2023
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Berkenhoekstraat 3a
2861 Sint-Katelijne-Waver
Berkenhoekstraat 1
2861 Sint-Katelijne-Waver
Active since 26 January 1994
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0451.618.934
- VAT number
- BE 0451.618.934
- Registered office
- Berkenhoekstraat 3a, 2861 Sint-Katelijne-Waver
- Names & denominations
- Belgian Paper Convertors
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 January 1994
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
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