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 2 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 55 % of short-term debt in 2024; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
SC Packaging from Pittem, company number BE0759448335, closed financial year 2024 with a result of € 55 after tax. For that financial year SC Packaging recorded a gross margin of € 6,622 and equity of € -99,612. Compared with financial year 2023, the result moved from € -105,520 to € 55. Profitable, and profit is growing. 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 June 27, 2025.
€ -99,612
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 55
▲ still € 105,520 loss in 2023
Profit after tax over the fiscal year.
€ 9
▼ 99% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -109,612.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2024
€ 40,000
Loans from banks and other lenders, long and short.
€ 186,146
▼ 1% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 35,388
▲ 24% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 16,867 | € 7,880 | € -81,554 | € 6,622 | ▲ € 88,176 |
| Profit after taxes | € 2,476 | € -6,623 | € -105,520 | € 55 | ▲ € 105,575 |
| Equity | € 12,476 | € 5,853 | € -99,667 | € -99,612 | |
| Total debts | € 126,412 | € 202,050 | € 255,819 | € 261,807 | ▲ 2% |
| Cash | € 226 | € 2,888 | € 1,110 | € 9 | ▼ 99% |
| Retained profit | € 2,476 | € -4,147 | € -109,667 | € -109,612 | |
| Bank debt | € 0 | € 0 | € 40,000 | € 40,000 | |
| Balance sheet total | € 138,888 | € 207,903 | € 156,152 | € 162,194 | ▲ 4% |
Key figures of SC Packaging, 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 SC Packaging?
What happened at SC Packaging in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
SC Packaging is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: profit of € 55. Source: NBB ↗
- New establishment in Pittem. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,476 profit in 2021 to € 55 profit in 2024.
Paid € 8,848 in corporate taxes since 2021.
Best year ever: 2021, with € 2,476 profit.
Management
Behind SC Packaging is Steven Cuvelier.
Directors
According to the 2024 annual accounts
Steven Cuvelier
Bestuurder
Establishments
Establishment units
Physical locations of this company
Waterstraat 20
8740 Pittem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0759.448.335
- VAT number
- BE 0759.448.335
- Registered office
- Waterstraat 20, 8740 Pittem
- Names & denominations
- SC Packaging
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 4 December 2020
- Peppol
- Active · Active since 31 Oct 2023
- Activities · NACE
Groothandel in papier- en kartonwaren
Activiteiten van reclamebureaus
Handelsbemiddeling in de niet-gespecialiseerde groothandel