Financials
Financial year 2025
Worth noting
- Little cash and receivables against the short-term debts.
Revenue
€ 222.8 million
▲ 6% vs 2024
Profit
Healthy€ 18.5 million
▼ 29% vs 2024
Debts
Low€ 62.8 million
▼ 21% vs 2024
VPK Paper from Dendermonde, company number BE0454519927, closed financial year 2025 with a result of € 18.5 million after tax. For that financial year VPK Paper recorded revenue of € 222.8 million and equity of € 99.1 million. Compared with financial year 2024, the result moved from € 26.2 million to € 18.5 million. 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 June 9, 2026.
What happened at VPK Paper?
What happened at VPK Paper in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- ALEXIS ZENNER stepped down as director. NBB
- UNI PAR NV stepped down as director. NBB
- 3 ADVICE BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 18.5 million (▼ 29% vs 2024). Source: NBB ↗
- ALEXIS ZENNER became a director. NBB
- UNI PAR NV became a director. NBB
- 3 ADVICE BV became a director. NBB
- New establishment in Dendermonde. KBO
In short
From € 37.7 million profit in 2021 to € 18.5 million profit in 2025.
Paid € 29.1 million in corporate taxes since 2021.
Best year ever: 2021, with € 37.7 million profit.
Paid out € 104 million in dividends to the owners in total.
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History
Every financial year, as far back as the National Bank goes.
Buffer
How long does the company survive without income?
Credit limit
Indicative credit limit, computed from the real figures.
Alerts
News about who you follow, reason included.
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Management
The shares are held by VPK GROUP NV (100%) and VPK PACKAGING NV (0%). It owns 100% of VPK PACKAGING LTD (LIM), 100% of CARTONNERIES DE WALLONIE, 100% of VPK PACKAGING and 99% of ECOFORMER itself.
Directors
According to the 2025 annual accounts
ALEXIS ZENNER
Director
since 2023 · until 2029
Managing director · represented by PIERRE MACHARIS
Also active at: VPK PACKAGING, SIHOLD, VPK SERVICES +2 more
since 2023 · until 2029
Director · represented by WIM NAESSENS
since 2023 · until 2029
Shareholders
100%
Participations
Establishments
Establishment units
Physical locations of this company
Oude baan (OUD) 120
9200 Dendermonde
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 13 companies are registered at this address.
VPK Group same network
IMMOWELL
€ 380,657 gross margin · 2025
ECOFORMER same network
€ 1.6 million gross margin · 2025
Sociaal Fonds VPK
VPK PACKAGING same network
€ 348.3 million revenue · 2025
+8 more
Details
- Company number
- 0454.519.927
- VAT number
- BE 0454.519.927
- Registered office
- Oude baan (OUD) 120, 9200 Dendermonde
- Names & denominations
- VPK Paper
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 February 1995
- Peppol
- Active · Active since 1 Dec 2025
- Activities · NACE
Vervaardiging van papier en karton
Vervaardiging van papier
Vervaardiging van huishoudelijke en sanitaire papierwaren