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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 57 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
NEW PRODUCT-PACKLAB from Westerlo, company number BE0518896352, closed financial year 2025 with a result of € -282,757 after tax. For that financial year NEW PRODUCT-PACKLAB recorded a gross margin of € 370,412 and equity of € -1.6 million. Compared with financial year 2024, the result moved from € -311,489 to € -282,757. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 29, 2026.
€ -1.6 million
▼ € 286,467 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -282,757
▲ 9 % less loss than in 2024
Profit after tax over the fiscal year.
€ 22,912
▼ 6% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.3 million.
People and assets in 2025
1.9
▼ 9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 475,381
▲ 28% vs 2024
€ 250,200 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.
€ 1,158
▼ 53% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.7 million
▼ 7% vs 2024
€ 185,379 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 225,626
▼ 9% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 177,351
▲ 87% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 67,660 | € 254,534 | € 329,585 | € 370,412 | ▲ 12% |
| Profit after taxes | € -423,380 | € -515,973 | € -311,489 | € -282,757 | ▲ € 28,731 |
| Equity | € -467,910 | € -1,020,963 | € -1,336,160 | € -1,622,627 | ▼ € 286,467 |
| Total debts | € 4,045,392 | € 4,613,287 | € 4,625,394 | € 4,086,551 | ▼ 12% |
| Cash | € 58,737 | € 26,913 | € 24,291 | € 22,912 | ▼ 6% |
| Retained profit | € -1,234,923 | € -1,750,896 | € -2,062,384 | € -2,345,142 | ▼ € 282,757 |
| Bank debt | € 3,270,254 | € 2,879,769 | € 2,909,875 | € 2,691,801 | ▼ 7% |
| Balance sheet total | € 3,647,871 | € 3,647,087 | € 3,342,433 | € 2,515,560 | ▼ 25% |
| Employees (FTE) | 1.8 | 1.7 | 10.9 | 1.9 | ▼ 9 |
Key figures of NEW PRODUCT-PACKLAB, 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 NEW PRODUCT-PACKLAB?
What happened at NEW PRODUCT-PACKLAB in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 282,757. filed late Source: NBB ↗
- Elie Keersmaekers stepped down as director. NBB
- Elie Keersmaekers became a director. NBB
- New establishment in Geel. KBO
- Wim Michielsen became a director. NBB
- Aloysius Michielsen became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 423,380 loss in 2022 to € 282,757 loss in 2025.
On average € 195,000 of value added per employee in 2025.
Management
The stake of New Investments Holding comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
NEW PRODUCT-PACKLABBehind NEW PRODUCT-PACKLAB are Wim Michielsen and Aloysius Michielsen. The shares are held by New Investments Holding (100%).
Directors
According to the 2025 annual accounts
since 2013
since 2013
since 2018 · until 2024
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Houtstraat 1
2260 Westerlo
Kleinhoefstraat 5 box 3
2440 Geel
Active since 26 February 2013
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0518.896.352
- VAT number
- BE 0518.896.352
- Registered office
- Houtstraat 1, 2260 Westerlo
- Names & denominations
- NEW PRODUCT-PACKLAB
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 February 2013
- Peppol
- Active · Active since 10 Oct 2025
- Activities · NACE
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Activiteiten van holdings
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
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