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 2023 and 2024.
Financials
Financial year 2024
NEW PRODUCT-PACKLAB from Westerlo, company number BE0518896352, closed financial year 2024 with a result of € -311,489 after tax. For that financial year NEW PRODUCT-PACKLAB recorded a gross margin of € 329,585 and equity of € -1.3 million. Compared with financial year 2023, the result moved from € -515,973 to € -311,489. 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 August 31, 2025.
€ -1.3 million
▼ € 315,197 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -311,489
▲ 40 % less loss than in 2023
Profit after tax over the fiscal year.
€ 24,291
▼ 10% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.1 million.
People and assets in 2024
10.9
▲ 9.2 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 372,806
▼ 6% vs 2023
€ 34,200 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.
€ 2,440
▲ 10% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 2.9 million
▲ 1% vs 2023
€ 177,958 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 248,707
▼ 24% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 94,812
▲ 59% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 444,716 | € 67,660 | € 254,534 | € 329,585 | ▲ 29% |
| Profit after taxes | € -100,080 | € -423,380 | € -515,973 | € -311,489 | ▲ € 204,485 |
| Equity | € -7,451 | € -467,910 | € -1,020,963 | € -1,336,160 | ▼ € 315,197 |
| Total debts | € 3,424,877 | € 4,045,392 | € 4,613,287 | € 4,625,394 | |
| Cash | € 32,674 | € 58,737 | € 26,913 | € 24,291 | ▼ 10% |
| Retained profit | € -811,543 | € -1,234,923 | € -1,750,896 | € -2,062,384 | ▼ € 311,489 |
| Bank debt | € 2,580,161 | € 3,270,254 | € 2,879,769 | € 2,909,875 | ▲ 1% |
| Balance sheet total | € 3,503,443 | € 3,647,871 | € 3,647,087 | € 3,342,433 | ▼ 8% |
| Employees (FTE) | 2.2 | 1.8 | 1.7 | 10.9 | ▲ 9.2 |
Key figures of NEW PRODUCT-PACKLAB, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
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 2024: loss of € 311,489. filed late Source: NBB ↗
- Wim Michielsen stepped down as director. NBB
- Elie Keersmaekers stepped down as director. NBB
- Aloysius Michielsen stepped down as director. NBB
- Elie Keersmaekers became a director. NBB
- Wim Michielsen became a director. NBB
- Aloysius Michielsen became a director. NBB
- New establishment in Westerlo. KBO
In short
From € 100,080 loss in 2021 to € 311,489 loss in 2024.
Paid € 363 in corporate taxes since 2021.
On average € 30,200 of value added per employee in 2024.
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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 New Investments Holding comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
NEW PRODUCT-PACKLABThe shares are held by New Investments Holding (99%).
Directors
According to the 2024 annual accounts
since 2018 · until 2024
since 2018 · until 2024
since 2018 · until 2024
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Houtstraat 1
2260 Westerlo
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
Groothandel in andere machines en werktuigen, neg
Groothandel in andere intermediaire producten, neg
Groothandel in andere machines en werktuigen, n.e.g.
Groothandel in andere intermediaire producten, n.e.g.
Activiteiten van holdings
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Handelsbemiddeling in de niet-gespecialiseerde groothandel
Overige zakelijke dienstverlening, neg
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