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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Tight liquidity NBB
Cash and receivables cover 53 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
J&S packaging from Zottegem, company number BE0453529834, closed financial year 2025 with a result of € -479,235 after tax. For that financial year J&S packaging recorded revenue of € 18.8 million and equity of € 2.5 million. Compared with financial year 2024, the result moved from € 194,146 to € -479,235. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 5, 2026.
€ 2.5 million
▼ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -479,235
▼ still € 194,146 profit in 2024
Profit after tax over the fiscal year.
€ 38,414
▼ 92% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 2 million.
People and assets in 2025
13.7
▲ 4.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.1 million
▲ 53% vs 2024
€ 81,200 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.
€ 56,943
▼ 34% vs 2024
Of which on lease € 15,991.
Debts at end 2025
€ 2.2 million
▲ 117% vs 2024
€ 316,060 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 2.8 million
▲ 25% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 57 days on average.
€ 191,437
▲ 19% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 25,982,927 | € 23,205,508 | € 19,878,041 | € 18,786,468 | ▼ 5% |
| Profit after taxes | € 277,116 | € 369,154 | € 194,146 | € -479,235 | ▼ € 673,381 |
| Equity | € 4,954,838 | € 2,833,351 | € 3,027,497 | € 2,548,263 | ▼ 16% |
| Total debts | € 5,380,571 | € 5,817,049 | € 4,869,728 | € 6,080,678 | ▲ 25% |
| Cash | € 689,155 | € 752,790 | € 489,223 | € 38,414 | ▼ 92% |
| Land & buildings | € 824,246 | € 674,344 | € 548,053 | € 540,140 | ▼ 1% |
| Retained profit | € 1,892,198 | € 2,261,351 | € 2,455,497 | € 1,976,263 | ▼ 20% |
| Dividend | € 335,857 | € 0 | € 0 | € 0 | |
| Bank debt | € 2,015,411 | € 1,497,731 | € 1,009,064 | € 2,187,134 | ▲ 117% |
| Balance sheet total | € 10,340,622 | € 8,650,400 | € 7,897,225 | € 8,628,940 | ▲ 9% |
| Employees (FTE) | 11.4 | 10.1 | 9 | 13.7 | ▲ 4.7 |
Key figures of J&S 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 J&S packaging?
What happened at J&S packaging in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Steve Segers stepped down as director. NBB
- Jim Segers stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 479,235 (▼ € 673,381 vs 2024). filed late Source: NBB ↗
- Steve Segers became a director. NBB
- Jim Segers became a director. NBB
- New establishment in Ath. KBO
- New establishment in Sint-Katelijne-Waver. KBO
- Start of the company according to the CBE. KBO
In short
From € 277,116 profit in 2022 to € 479,235 loss in 2025.
Paid € 505,230 in corporate taxes since 2022.
Best year ever: 2023, with € 369,154 profit.
Paid out € 335,857 in dividends to the owners in total.
Management
It owns 100% of Agri Packaging itself.
Directors
According to the 2025 annual accounts
since 2023 · until 2029
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Grotenbergestraat 143 box 2
9620 Zottegem
Chemin du Fundus(M.E) 13
7822 Ath
Active since 15 September 1997
Kempenarestraat 55C
2860 Sint-Katelijne-Waver
Active since 8 September 1997
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →AGRI PACKAGING same network
€ 20,019 gross margin · 2025
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REYNS - DE PAEPE
€ 1.2 million gross margin · 2025
SIERRA NEVADA HOLDING
€ 78,671 gross margin · 2025
3OPS BELGIE
€ 1.8 million gross margin · 2025
+2 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0453.529.834
- VAT number
- BE 0453.529.834
- Registered office
- Grotenbergestraat 143 bus 2, 9620 Zottegem
- Names & denominations
- J&S packaging
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 7 October 1994
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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Verhuur en lease van luchtvaartuigen
Diensten in verband met de luchtvaart