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 37 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Service Packaging Products Group from Sint-Katelijne-Waver, company number BE0588990631, closed financial year 2025 with a result of € 34,376 after tax. For that financial year Service Packaging Products Group recorded a gross margin of € 34,542 and equity of € 304,403. Compared with financial year 2024, the result moved from € -23,997 to € 34,376. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on March 4, 2026.
€ 304,403
▲ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 34,376
▲ still € 23,997 loss in 2024
Profit after tax over the fiscal year.
€ 6,734
▲ € 6,411 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 12,403.
Debts at end 2025
€ 125,000
▼ 44% vs 2024
€ 100,000 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 3,538
▲ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -3,604 | € 1,332 | € 557 | € 34,542 | ▲ € 33,985 |
| Profit after taxes | € -5,931 | € -6,079 | € -23,997 | € 34,376 | ▲ € 58,373 |
| Equity | € 300,102 | € 294,023 | € 270,026 | € 304,403 | ▲ 13% |
| Total debts | € 551,224 | € 559,308 | € 582,998 | € 913,514 | ▲ 57% |
| Cash | - | € 633 | € 323 | € 6,734 | ▲ € 6,411 |
| Retained profit | € 8,102 | € 2,023 | € -21,974 | € 12,403 | ▲ € 34,376 |
| Bank debt | € 400,009 | € 325,000 | € 225,000 | € 125,000 | ▼ 44% |
| Balance sheet total | € 851,325 | € 853,331 | € 853,024 | € 1,217,917 | ▲ 43% |
Key figures of Service Packaging Products Group, 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 Service Packaging Products Group?
What happened at Service Packaging Products Group in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 34,376. Source: NBB ↗
- New establishment in Sint-Katelijne-Waver. KBO
- Start of the company according to the CBE. KBO
In short
From € 5,931 loss in 2022 to € 34,376 profit in 2025.
Best year ever: 2025, with € 34,376 profit.
Management
The stake of PEJO INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Service Packaging Products GroupBehind Service Packaging Products Group is DDEK SOLUTIONS BV. The shares are held by PEJO INVEST (100%). It owns 100% of Belgian Paper Convertors itself.
Directors
According to the 2025 annual accounts
Director · represented by Dimitri Dekdouk
Also active at: Belgian Paper Convertors
Shareholders
100%
Participations
Establishments
Establishment units
Physical locations of this company
Berkenhoekstraat 3A
2861 Sint-Katelijne-Waver
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
WORLDSTREAM, NL
DNS
OVH DNS
Domain
Domain
belpaper.com
Registered
2018-01-20
Registrar
OVH sas
Expires
2027-01-20
Website info
Features
Security
Details
- Company number
- 0588.990.631
- VAT number
- BE 0588.990.631
- Registered office
- Berkenhoekstraat 3A, 2861 Sint-Katelijne-Waver
- Names & denominations
- Service Packaging Products Group · SPPG
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 January 2015
- Peppol
- Active · Active since 27 Mar 2026
- Contact
- belpaper.com
- Activities · NACE
Activiteiten van holdings
Holdings
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