Financials
Financial year 2025
Smurfit Westrock Olen from Olen, company number BE0454184880, closed financial year 2025 with a result of € 246,785 after tax. For that financial year Smurfit Westrock Olen recorded revenue of € 8.1 million and equity of € 1.8 million. Compared with financial year 2024, the result moved from € 263,616 to € 246,785. 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 July 13, 2026.
€ 1.8 million
▲ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 246,785
▼ 6% vs 2024
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 1.7 million.
People and assets in 2025
27.9
▲ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.7 million
▼ 1% vs 2024
€ 60,500 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.
€ 26,751
▲ 1% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 663,522
▲ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 42 days on average.
€ 300,345
▼ 4% vs 2024
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 10,646,249 | € 8,562,729 | € 8,191,821 | € 8,095,728 | ▼ 1% |
| Profit after taxes | € 433,550 | € 699,796 | € 263,616 | € 246,785 | ▼ 6% |
| Equity | € 8,629,505 | € 9,329,301 | € 1,592,917 | € 1,839,702 | ▲ 15% |
| Total debts | € 1,059,900 | € 1,157,492 | € 947,982 | € 963,867 | ▲ 2% |
| Cash | - | € 5,643 | € 0 | - | |
| Land & buildings | € 609,387 | € 584,067 | € 514,496 | € 558,168 | ▲ 8% |
| Retained profit | € 8,505,558 | € 9,205,354 | € 1,468,970 | € 1,715,755 | ▲ 17% |
| Dividend | € 0 | € 0 | € 8,000,000 | € 0 | ▼ 100% |
| Balance sheet total | € 9,735,454 | € 10,546,929 | € 2,603,223 | € 2,865,893 | ▲ 10% |
| Employees (FTE) | 29.5 | 30.6 | 27.8 | 27.9 | ▲ 0.1 |
Key figures of Smurfit Westrock Olen, 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 Smurfit Westrock Olen?
What happened at Smurfit Westrock Olen in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Jamal El-Allachi stepped down as director. NBB
- Kees Koelewijn stepped down as director. NBB
- Vincent Chaidron stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 246,785 (▼ 6% vs 2024). Source: NBB ↗
- Jamal El-Allachi became a director. NBB
- Vincent Chaidron became a director. NBB
- Kees Koelewijn became a director. NBB
- New establishment in Olen. KBO
In short
From € 433,550 profit in 2022 to € 246,785 profit in 2025.
Paid € 640,781 in corporate taxes since 2022.
Best year ever: 2023, with € 699,796 profit.
Paid out € 8 million in dividends to the owners in total.
A new publication or filing at Smurfit Westrock Olen? We notify you, reason included.
Follow Smurfit Westrock OlenDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of Smurfit Westrock Turnhout comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Smurfit Westrock OlenThe shares are held by NV Smurfit Westrock Turnhout (100%) and Smurfit Westrock Turnhout (100%).
Directors
According to the 2025 annual accounts
since 2025 · until 2029
Kees Koelewijn
Director
since 2022 · until 2029
since 2023 · until 2029
Shareholders
NV Smurfit Westrock Turnhout
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Lammerdries-Oost 57
2250 Olen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0454.184.880
- VAT number
- BE 0454.184.880
- Registered office
- Lammerdries-Oost 57, 2250 Olen
- Names & denominations
- Smurfit Westrock Olen
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 5 January 1995
- Peppol
- Active · Active since 18 Dec 2025
- 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