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 1 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PROJECT PACKAGING SYSTEMS from Herentals, company number BE0467422214, closed financial year 2025 with a result of € -799,048 after tax. For that financial year PROJECT PACKAGING SYSTEMS recorded a gross margin of € 2,629 and equity of € 679,198. Compared with financial year 2024, the result moved from € 1,256 to € -799,048. The company made a loss. 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 May 19, 2026.
€ 679,198
▲ € 1.2 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -799,048
▼ still € 1,256 profit in 2024
Profit after tax over the fiscal year.
€ 956
▲ 12% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.9 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2,098
▲ 91% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 821
▼ 24% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -99 | € -3,154 | € -863 | € 2,629 | ▲ € 3,492 |
| Profit after taxes | € 983 | € 1,553 | € 1,256 | € -799,048 | ▼ € 800,304 |
| Equity | € -524,563 | € -523,010 | € -521,754 | € 679,198 | ▲ € 1.2 million |
| Total debts | € 2,430,984 | € 2,632,596 | € 2,931,258 | € 932,004 | ▼ 68% |
| Cash | € 1,102 | € 2,741 | € 852 | € 956 | ▲ 12% |
| Retained profit | € -1,054,563 | € -1,053,010 | € -1,051,754 | € -1,850,802 | ▼ € 799,048 |
| Bank debt | € 1,400,000 | € 1,400,000 | € 1,400,000 | € 0 | ▼ 100% |
| Balance sheet total | € 1,906,421 | € 2,109,586 | € 2,409,504 | € 1,611,202 | ▼ 33% |
Key figures of PROJECT PACKAGING SYSTEMS, 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 PROJECT PACKAGING SYSTEMS?
What happened at PROJECT PACKAGING SYSTEMS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Charles Van Bavel stepped down as director. NBB
- Isabelle Van Hool stepped down as director. NBB
- Yves Van Bavel stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 799,048 (▼ € 800,304 vs 2024). Source: NBB ↗
- Charles Van Bavel became a director. NBB
- Isabelle Van Hool became a director. NBB
- Yves Van Bavel became a director. NBB
- New establishment in Herentals. KBO
In short
From € 983 profit in 2022 to € 799,048 loss in 2025.
Paid € 1,753 in corporate taxes since 2022.
Best year ever: 2023, with € 1,553 profit.
Management
It owns 100% of Sneyders nv itself.
Establishments
Establishment units
Physical locations of this company
Geelseweg(HRT) 7
2200 Herentals
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0467.422.214
- VAT number
- BE 0467.422.214
- Registered office
- Geelseweg(HRT) 7, 2200 Herentals
- Names & denominations
- PROJECT PACKAGING SYSTEMS · PROPAC
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 November 1999
- Peppol
- Active · Active since 16 Dec 2025
- Activities · NACE
Activiteiten van holdings
Holdings
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